Economics Lesson: Money as Debt

Police State

“You know, gentlemen, that I do not owe any personal income tax. But nevertheless, I send a small check, now and then, to the Internal Revenue Service out of the kindness of my heart.” -David Rockefeller

Because I can tell by the relatively paltry response from only a handful of regular readers here at the Anvil to my recent posting attempting to shed light on the true nature of the Federal Income Tax, the IRS and the U.S. Federal Reserve, I believe it is now time to educate you all on just how bankers have been screwing things up and cheating us all for hundreds of years, to the point that now the richest and hardest working nation on Earth stands on the brink of another Depression.

“The drive of the Rockefellers and their allies is to create a one-world government combining supercapitalism and Communism under the same tent, all under their control. Do I mean conspiracy? Yes I do. I am convinced there is such a plot, international in scope, generations old in planning, and incredibly evil in intent.” -Congressman Larry P. McDonald, 1976, killed (assassinated) in the Korean Airlines 747 that was shot down by the Soviets

Have I got your full attention this time? Not quite?

“Since I entered politics, I have chiefly had men’s views confided to me privately. Some of the biggest men in the United States, in the Field of commerce and manufacture, are afraid of something. They know that there is a power somewhere so organized, so subtle, so watchful, so interlocked, so complete, so pervasive, that they better not speak above their breath when they speak in condemnation of it.” -Woodrow Wilson,The New Freedom (1913)

How about now? Good. This next documentary is required viewing if you are serious about not living in a cave the rest of your life (which may even turn out to be literally for some of us at this rate) or just sitting back and watching the New World Order spin itself into reality before your very eyes.

Written, produced and animated in 2006 by Paul Grignon and narrated by Bob Bossin, ‘Money as Debt’ is powerful stuff. This is the economics you were never supposed to know, the stuff you’ve never seen taught in high school. As far as I recall, about the only thing related to money that I learned up until the 12th grade was how to add it up, subtract from it and write a check! The video is entertaining and very clearly explained. Trust me when I tell you that you will never look at a bank, a credit card or a mortgage the same way ever again after watching this. You will also come to understand quite clearly that the bankers did, for all intents and purposes, enslave the United States of America in 1913 and that the founding of the Federal Reserve as a private banking institution (that’s right — privately owned) and the implementation of the Federal Income Tax is the worst fraud ever committed against U.S. citizens.

Here then is what money is, how banking came into existence, how banking actually works (or doesn’t) and how bankers literally create money from debt. Luckily, alternative methods of money are discussed at the end of the presentation that actually can work, unlike our current system which is completely doomed to failure and can and most likely will run us ultimately into another Depression, whether we like it or not (which explains why the elites want so many of us dumb or dead or living under Sharia Law, as opposed to thinking, educated and free):

Don’t feel bad; I didn’t know much of this economic information beforehand either. Most people have no clue how money is actually created, and as the documentary clearly shows, it’s for very “good” reasons (if you’re a banker) that we are kept in the dark.

To learn even more, visit Paul Grignon’s website, moneyasdebt.com.

Video link: Money as Debt

Big thanks to Steve from New Jersey for pointing this excellent documentary out to me in the first place.

“We are grateful to The Washington Post, The New York Times, Time Magazine and other great publications whose directors have attended our meetings and respected their promises of discretion for almost forty years. It would have been impossible for us to develop our plan for the world if we had been subject to the bright lights of publicity during those years. But, the work is now much more sophisticated and prepared to march towards a world government. The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national autodetermination practiced in past centuries.” -David Rockefeller, founder of the Trilateral Commission, in an address to a meeting of The Trilateral Commission, in June, 1991.

God bless America. (I’m so serious right now, God, please bless us, because without some help I think we are screwed. Amen.)

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15 Responses to “Economics Lesson: Money as Debt”


  1. 1 Sounder  | country flag 
    +1 votes
      
    Mar 15th, 2008 at 3:59 pm

    Foehammer, thanks so much for posting that video.!

  2. 2 The Silent Majority  | country flag 
    +2 votes
      
    Mar 15th, 2008 at 8:25 pm

    Phew!! That challenged my brain cells a bit on this slow Sunday afternoon. I have often asked myself, but never voiced it for fear of sounding like an idiot, “why this mantra of growth and more growth, both at a corporate and country level? WHY does everything need to constantly grow”. This video answered that question and now I better understand the supposed need in aging Western societies for constant immigration to maintain that growth. The video argued for sustainability as an economic system, rather than constantly having to use up the planets resources in this quest for “growth”. But that raises a question-everything I have read so far indicates that the move to world regionalisation and ultimately one world government is driven by the left wing elites and marxist politicians of many western nations, yet they are also the ones pushing for environmental sustainability and they are also the most likely to be anti-capitalist. (Gross generalisations, I know) To be anti-capitalist must also to be anti the banking system.
    So who IS the actual enemy here? I’m confused.

    I know this sounds overly simplistic, and I have probably missed the point entirely, so all and any elucidation welcome. :-)

  3. 3 Foehammer  | country flag 
    +2 votes
      
    Mar 15th, 2008 at 8:33 pm

    The Central Bank that controls it all, so-to-speak, is basically in love with Communism, not Capitalism as we know it in our Democratic Republics, etc., but far more along the lines of what we see evolving in China. Do not be fooled. It was the Illuminati that actually inspired Marx and things have come around full circle for very good reason, because when the ultimate control is at the top with the bankers, things will look more Orwellian than anyone even can fathom at this point — well, almost anyone.

    So, yes, you’ve missed the point by a mark or two, but I’m still getting my own head around all of this, so don’t kick yourself. The environmentalist Left are just doing their own stupid pet tricks and many of them are just as clueless as others on the Right. Red State/Blue State is meaningless. Conservative vs Liberal is meaningless — in the end game. The people controlling the money control the governments. That is the point I’m trying to make brutally clear in recent days. Westerners need to snap out of it and see the villains right before our eyes. It’s the damn Money Lenders!! Same as it ever was.

    One World Government in the hands of a Central Bank will be worse than anything Stalin could have ever conjured. As things stand today, most of us are unwitting slaves to debt and only imagine we are free because we aren’t in irons.

    For an “actual enemy” you should start investigating the heads of the Council on Foreign Relations and those that attend the annual Bilderberg Group meetings. Beyond that, seek out the histories of families like the Rockefellers and the Rothschilds.

  4. 4 Gramfan  | country flag 
    +1 votes
      
    Mar 15th, 2008 at 9:35 pm

    I won’t pretend I understood all that - I didn’t completely.

    I knew(?) banking originated in the Middle Ages: Venice, Templars and later the Rothschilds and a lot more in between.

    Years ago I was under the impression a country couldn’t print notes that they couldn’t back up with their bullion reserves and this is no longer the case.

    I’ll leave you with an interesting idea I heard at a motivational speech many years ago:

    “If all the money in the world was equally divided out to the population, it would soon find its way back into the hands of those who had it all in the first place”.
    I think that is true. What do you all think?

  5. 5 Foehammer  | country flag 
      
    Mar 16th, 2008 at 9:32 am

    @Gramfan: The quote from where that last idea originates is actually in the movie at some point.

    Here is what the movie tells us in a nutshell: bankers create money from thin air.

    Yep, I know. What?!

  6. 6 Sounder  | country flag 
    +1 votes
      
    Mar 16th, 2008 at 12:02 pm


    “Here is what the movie tells us in a nutshell: bankers create money from thin air.”

    I’m changing jobs.

  7. 7 Gramfan  | country flag 
      
    Mar 16th, 2008 at 5:21 pm

    >>@Gramfan: The quote from where that last idea originates is actually in the movie at some point.SPRUNG!
    I didn’t get all the way through it. :blush_tb:
    (had to go out).

  8. 8 Steve New Jersey  | country flag 
      
    Mar 16th, 2008 at 6:36 pm

    This video is a showing of true control. You can manipulate the entire population of the planet using central banking systems and monopoly on money itself. Its a masterfull plan that has been in motion for as long as we have recorded history.

  9. 9 Patricia  | country flag 
      
    Mar 17th, 2008 at 4:45 am

    This is my first question on the subject but won’t be my last I am certain. Is George Soros part of this? If he is this is indeed a very scary thing…

  10. 10 Patricia  | country flag 
    +1 votes
      
    Mar 17th, 2008 at 4:54 pm

    I finally got the 47 minutes time it took to watch the video. How very enlightening all these videos have been. I can’t wait for more. What is something to think about is the JP Morgan buyout today of Bear Stearns. And already there is talk of another major bank probably going the same way as BS in the near future. And our President is “in talks” about all this. Why is it that our schools are cramming Spanish and Black History Month down our throats yet not one lesson on the history of banking. Now that would have been a worth while subject to have been taught in school. All this is very ominous. I’ll stay tuned here for more. Thanks Foehammer!

  11. 11 Nikita  | country flag 
      
    Mar 17th, 2008 at 11:06 pm

    Wow. Powerful stuff. Like Patricia, I think it’s a shame this isn’t a subject in our schools. But then, schools are beholden to the NEA and the government that feeds them, which is in turn tied to the banks. Does the current mortgage situation also destroy debt when loans are defaulted on? Then it must in turn be destroying the money. And are those who create the money about to join the rest of us in a bit of misery because of the very system they perpetuate? I am watching wall street closely wondering if the money houses will start to fall like domino’s if enough debts are defaulted on. So many questions, my head is still spinning.

  12. 12 Jenny  | country flag 
    +2 votes
      
    Mar 19th, 2008 at 3:04 am

    I have downloaded the booklet ‘None Dare Call it Conspiracy ‘by Gary Allen. It’s a real eyeopener and well worth reading if you want to begin to understand how the people are being manipulated.
    To top it all off JP Morgan picking up Bear Sterns for a song! Read the book and nothing will surprise you.
    That said, what do the ordinary home owners and workers do to minimise the damage to their way of life?
    This link is very informative.
    us.altermedia.info/news-of-intere...-next-great-depression_1348.html
    I think we are in for rough times ahead.

    Foehammer, thanks.

  13. 13 Always On Watch  | country flag 
    +1 votes
      
    Mar 19th, 2008 at 5:52 am

    FH,
    Letting you know that I posted the video Money As Debt, with a hat-tip to you, of course. As ever, you’re welcome to comment at my site.

    I admit that I remain puzzled and worry about our state of economics. Have we reached critical mass or lack or critical mass? Does that condition set up up for shari’a finance to take over the West?

  14. 14 Brazentide  | country flag 
    +1 votes
      
    Mar 19th, 2008 at 8:58 am

    That video and the tax article were both very informative. The only problem with the video is the proposed solution to the problem. Putting the power to print money in the hands of the state would be a medicine FAR worse than the disease. The politicians wouldn’t hesitate to ramp up long-term inflation to record levels just to make short-term political gains. Would anyone with more than a shred of common sense and experience argue that the state has the self discipline to keep the money supply stable? Not to mention that if you are worried about a one-world-government, this makes the consolidation of power much faster.

    The Gold/Silver standard combined with a ban on usury is the only way to straiten things out. (Oddly enough, Islam has the right approach on the topic of loans)

    LibertyDollar.org is an interesting attempt to create a new silver based currency. (I do not vouch for their integrity, nor do I have any reason to question it)

    For more on all of this, read: “The creature from Jekyll Island” as well as a great article today on the dollar at the Brussels Journal.

  15. 15 Foehammer  | country flag 
      
    Mar 19th, 2008 at 10:51 am

    It’s nice to see that I’ve got so many readers’ attention on this matter.


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