Rep. Ron Paul sponsored this Congressional lecture on "What About Money Causes Economic Crises?", the concluding lecture in a three part series on the basic principles of money for Congressional staff. As a continuing educational tool this lecture was filmed and is provided to the public. The lecture was delivered by Peter Schiff, CEO of Euro Pacific Capital and author of Crash Proof: How to Profit From the Coming Economic Collapse and How an Economy Grows and Why It Crashes. Mr. Schiff explains the fact that the interest rate is a price and that manipulation of that price results in real changes to the capital structure and structure of production within the economy, causing imbalances, booms, and eventually busts in the economy. His lecture also explores how government intervention through labor and employment policies results in diminished employment and an overall reduction in the standard of living.
GENOCIDE and slavery may be in our future if we don't learn from the past. This is a disturbing and prophetic lecture from 1994. Ever ask yourself why you are capable of balancing your check book and the best and brightest minds plucked by the government have done everything to ruin it for us and our children when they are paid by us to protect us?
Well, the private Federal Reserve (the goons who print your money) actually pay them, you just pay interest to it's shareholders. The more debt the more interest. Just look at the top profitable banks in the world and you'll know who they are.
Quotes from Dr John Coleman, Gerald Celente, Tom Hartman, Katherine Austin Fitts are used in this video.
For more context, I'd highly suggest you check out the Dr John Coleman's full 2 hour lecture.
The economic crisis in Greece was sudden and disastrous, like an earthquake! Peter is afraid of earthquakes. The crisis cost him his job and almost all of his belongings ... everything began to fall apart. His daily routine thinking of ways to get money ... and build his future career! Peter is depressed...
Starring: Malamas Sotiriou, Yiannis Xenakis, and Yiannis Mpavelis
The New World Order is no conspiracy. It is an agenda that has been in play for years and is now coming into full view. Wake up fellow citizens!! See what's happening. Research the New World Order for yourself and prepare yourself... if not for yourself, do it for your children.
"If my sons did not want wars, there would be none." ~ Gutle Schnaper, Mayer Amschel Rothschilds wife
Rothschild's Federal Reserve Must Be Abolished
I am one of those who do not believe the national debt is a national blessing... it is calculated to raise around the administration a moneyed aristocracy dangerous to the liberties of the country
Andrew Jackson, Letter to L. H. Coleman of Warrenton, N.C., 29 April 1824
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 somebody, 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), Doubleday
From the days of Spartacus-Weishaupt to those of Karl Marx, and down to Trotsky (Russia), Bela Kun (Hungary), Rosa Luxembourg (Germany), and Emma Goldman (United States), this world-wide conspiracy for the overthrow of civilisation and for the reconstitution of society on the basis of arrested development, of envious malevolence, and impossible equality, has been steadily growing. It played, as a modern writer, Mrs. Webster, has so ably shown, a definitely recognisable part in the tragedy of the French Revolution. It has been the mainspring of every subversive movement during the Nineteenth Century; and now at last this band of extraordinary personalities from the underworld of the great cities of Europe and America have gripped the Russian people by the hair of their heads and have become practically the undisputed masters of that enormous empire.
Winston Churchill, "Zionism versus Bolshevism", Illustrated Sunday Herald (London), February 8, 1920, pg. 5
The people must be helped to think naturally about money. They must be told what it is, and what makes it money, and what are the possible tricks of the present system which put nations and peoples under control of the few.
Henry Ford, My Life and Work, Doubleday, Page & Company, 1922
I am afraid that the ordinary citizen will not like to be told that the banks can, and do, create and destroy money. The amount of money in existence varies only with the action of the banks in increasing or decreasing deposits and bank purchases. Every loan, overdraft or bank purchase creates a deposit, and every repayment or bank sale destroys a deposit. .... And they who control the credit of a nation, direct the policy of Governments and hold in the hollow of their hands the destiny of the people.
Reginald McKenna, a former Chancellor of the Exchequer, addressing the shareholders as Chairman of the Midland Bank, at the Annual General Meeting in January 1924.
The present Federal Reserve System is a flagrant case of the Governments conferring a special privilege upon bankers. The Government hands to the banks its credit, at virtually no cost to the banks, to be loaned out by the bankers for their own private profit. Still worse, however, is the fact that it gives the bankers practically complete control of the amount of money that shall be in circulation. Not one dollar of these Federal Reserve notes gets into circulation without being borrowed into circulation and without someone paying interest to some bank to keep it circulating. Our present money system is a debt money system. Before a dollar can circulate, a debt must be created. Such a system assumes that you can borrow yourself out of debt.
Willis A. Overholser, A short review and analysis of the history of money in the United States, with an introduction to the current money problem (1936), p. 56