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BEWARE! Central Bankers often use ‘words’ to deceive rather than enlighten!

February 15, 2012

Today’s ‘Money Changers’ are similar to the period some 2000 years ago during the time of Yeshua at the Jerusalem Temple

These past couple of weeks we have witnessed ‘asset purchases’ by the Bank of England and the Bank of Japan. Mervyn King at the Bank of England has chosen to purchase some 50 billion pounds worth of new ‘assets’ (supposedly to pump up the financial assets of his banking buddies and indirectly the economy of England). Yesterday, the Bank of Japan, revealed that they are purchasing some 10 trillion yen worth of new ‘assets’. Does this sound logical and representative of sound monetary policy?  First of all we need to recognize that Central Banker’s use words differently from the average person.

In reality, what Central Banker’s call ‘asset purchases’…many of us would call QE (quantitative easing) or new money creation. The difference in the use of ‘words’ creates different interpretations of what is happening! Then we notice that the words ‘asset purchases’ can mean different things. To some bankers this might mean Treasury Securities…to others it might mean Corporate Securities…and to others it might mean Equity Securities. The jargon that is used is meant to confuse the market and to create uncertainty in the mind of the public and all traders.

What is happening is that Central Bankers operate in a world of secrecy, privacy, and vagueness. When they announce a ‘asset purchase’ they actually mean that they desire to create more units of money for the overall market (distributed via their banking cartel buddies). They desire to create more ‘inflation’ to raise asset prices. Most Central bankers do not like the word QE…nor do they like people to announce that they are creating new money units ‘out of thin air’. Central Banker’s want everyone to THINK that they are just buying a few ‘assets’ for their portfolio and that this is good policy for everyone. In reality, however, they are secretly manipulating the markets, the value of all asset classes, and the emotions of all market participants. In addition to destroying currency values to maintain their hegemony.

I was recently shocked when I heard that our Fed Chairman, Ben Shalom Bernanke, created some 16.1 trillion of new money units to bail-out his banking buddies between 12/07 and 07/09. This fact was revealed by a limited audit of the Fed by our General Accounting Office (GAO)…which was initiated by a law suit from Bloomberg News. According to the audit these TBTF financial institutions received all these trillions in basically free money units and then used these units to purchase ‘assets’ with a higher interest rate so they could create the impression of solvency and legitimacy.

Citigroup, received 2.5 trillion; Morgan Stanley, 2.04 trillion; Merrill Lynch, 1.95 trillion; Bank of America, 1.3 trillion, and some dozen or more additional banking entities some 9 trillion. Imagine what was done to bail-out all these banks by primarily just two key policymakers (Ben Bernanke and his assistant Bill Dudley). What I have learned is that there are basically only TWO key policymakers who have real OPERATIONAL knowledge of what is happening within realtime Federal Reserve open market operations (namely, Ben and Bill). Bill Dudley is the President of the NY Fed (and prior manager of the Trading Desk at this institution) and also the vice chairman of the Federal Open Market Committee (FOMC). Bill reports to Ben Bernanke on a daily basis to keep him informed.

Bill was hired at the NY Fed after spending some 21 years with Goldman Sachs as their chief economist and market specialist. Then after Timothy Geithner resigned as President of the NY Fed in 2009 to become our Treasury Secretary, Tim hired his buddy Bill Dudley to take his place and role at the NY Fed. Notice how Goldman Sachs and other large Wall Street firms control the entire policymaking process when it comes to our money. Notice the small cadre of elite bankers and financial manipulators who work to promote their cabal of ‘Money Changing’ and market control. How did this happen? Check out:  history of the Federal Reserve Act via Google search.

Bill Dudley has now been appointed (according to: as Chairman of a key committee at the Bank of International Settlements (BIS) in Basel, Switzerland (in addition to his role as President of the NY Fed). Check out the history of Bill Dudley at:  Apparently, Bill will work on the issues of International coordination of banking issues and money flows to the Big Banks so that all the banks can work together during these difficult economic times. Notice that our entire monetary SYSTEM is controlled and managed by a select few highly opaque individuals who have no direct relationship to our elected politicians (those we elect to run our country for us) and who do not report in realtime to the American people (only after they have made their secret decisions and then in vague and deceptive language).

Notice also the lack of transparency when it comes to how our money units are distributed within our overall economy. Those who are part of the banking CARTEL are protected from all their shenanigans when they FAIL, whereas, you and I are expendable when we ‘fail’. The lifeblood of Capitalism is our money. And the fair distribution of these money units to those who enhance and create our REAL WEALTH (material goods for consumer products) is what Capitalism is all about. What did our founding Father, Thomas Jefferson, say about Central Banking and these manipulators…which reveals their motives and intentions? Thomas said the following in 1809:

“I believe that banking institutions are more dangerous to our liberties than standing armies . . . If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] . . . will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered . . . The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.” — Thomas Jefferson — The Debate Over The Recharter Of The Bank Bill, (1809)

What Thomas Jefferson is saying is that MONEY should not be centralized and then controlled by unelected and private interests. Thomas Jefferson understood human nature. Thomas Jefferson understood that MONEY should not be created ‘ex nihilo’…out of nothing (as today). What Thomas Jefferson desired is that MONEY be some THING of value that people controlled. He chose silver and gold as the foundation for MONEY…and he allowed paper notes only if they were convertible into silver or gold. This provision provided that the PEOPLE would be ultimately in CONTROL of our economy.

What has emerged over these past 40 plus years is an International money CARTEL…composed of mostly opaque elite policymakers who have no real interest in the vast population of working producers (the blue-collar workers who create most of our real wealth). This non-System which we now have must be changed. The first duty of every American is to get themself educated on all these issues. Learn about the history of money and value via the internet. There are countless sites and educators that understand this history. You can start with this site: Enjoy and keep this website on your list also:

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