Protect Your Money Book 1. Elitists use Money to Control Us

In a good country, the government would create money out of thin air in its own central bank to spend on projects to stimulate its economy and help people without paying interest on that money. It would sell bonds equal to the money it creates and charge some taxes to the people but it wouldn't be that much because there would be no interest fees on that money.

Many nations have let private bankers fool them into thinking they can better manage the money supply than the government through a central bank that they, the private bankers own and control. They might have a Board of Directors made up of politicians who supposedly oversee this central bank but the bankers appoint their own politician stooges to sit on these boards.

These private central bank money managers create money out of thin air then lend it to the federal government, charging interest on it so they not only get the value of the money that they created out of nothing but they also earn interest on it which compounds very quickly.

The government generates money for itself to pay for its expenses by getting loans from the central bank which creates the money by adding a credit to the government account on a computer screen. The government is supposed to pay the money back plus interest through selling bonds it creates, government fees, fines, seizure property, sale of surplus property and taxes, mostly income taxes.

The problem is that the interest on the money it owes grows very quickly to a level that will never be paid back. The government tries to suck what it can from the people through taxes but the taxes barely cover the interest on the money it owes the central bank.

This debt gives the bankers supreme power over the government, the politicians and the people. No politician has the guts to challenge anything they do as wrong or immoral. The people are the ultimate suckers. Their hard earned money is sucked up in taxes to forever be enslaved paying the interest on the national debt to private bankers who keep all this money as pure profit. Almost nobody questions this massive scam.

We, the people, should not let private bankers run the central bank and manage the money supply because it's an immoral conflict of interest to supposedly exist to serve the public good while at the same time existing as a private business out to make as much profit for yourself as you can. Every central bank in the world that is run by private bankers is stealing money from the citizens in a number of ways. The most basic way is that they create money out of nothing and charge interest on it to the government then when the government pays them back, all that money is pure profit for them which the people have been enslaved to pay for through taxes.

When any commercial bank makes a loan to anyone like you, they create it out of thin air too. By the system of fractional reserve banking, they are allowed to lend ten times or more the amount of money they have in deposits by customers in bank accounts so when they give you a mortgage loan, they created that money out of nothing on a computer screen. Only three percent of the nation's money is in cash. The rest is simply credits and debits on a computer screen. You have to pay them back with interest for a contract they made up which took them a few minutes of work. That's all they did to create that mortgage that will take you twenty or so years to pay off. This is how the system works. Bankers are very rich with very little effort.

We don't have to live like this in bondage to these invisible rulers. We don't need to pay all that income tax. We need to take the central bank away from the private bankers, give it to the government who will create money and pay it back to the central bank it runs through bonds, fees and taxes but never charge interest on the money it owes itself.

We, the citizens of the world and specifically the citizens in any country can take over our governmen