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Fed desires more Centralization of all payment systems!

January 27, 2015

Today’s Wall Street Journal (page C2) presents an article which is disturbing for those of us who think Fed power is much too excessive (now). The article is entitled “Fed Aims to Quicken Payment System”. Basically, the Fed now claims that the overall payments system within the United States is too fragmented and they want to create a new ubiquitous (centralized and controlled) system for everyone. Their claim is that this will be more efficient and promote public confidence. Fed advisors now claim that: “Several countries around the world have already developed or are in the process of developing a ubiquitous faster payments capability and the U.S. is at risk of falling behind”. The two leaders for promoting and implementing this new system are Fed governor, Jerome Powell, and Federal Reserve Bank of Kansas City President, Esther George. Is this a good idea or vision for our future?

Esther George, President of Kansas City Federal Reserve Bank

Jerome Powell, Board of Governors, U. S. Federal Reserve

The Fed speakers claim that new technologies are upending the long-established processes for moving money. Digital currency systems can now transfer money across the world in minutes, whereas the U.S. system can take more than a day to process a check. Mr. Powell and Mr. George will be outlining the new Fed goals in a webcast on January 29, 2015. Could this new vision lead to our one world global payments system under a New Central Bank for the planet? I would suggest, yes. What our banksters desire is ONE global payments system (all digital and within cyberspace) for the entire 7 billion citizens of our planet. This is now emerging (gradually and subtly) and our U.S. Fed will likely tie-in to this global world order system at some point down the road.

It won’t be long until we all will be cyber slaves under this New World Order which is emerging rapidly. Money rules over all people on this planet and those in control of a cyber money system for the planet will have the means to monitor and control everyone. In order to buy or sell, trade or invest, borrow or save, we will need to be loyal and under the control of our master manipulators over money. The power of money (under a centralized system) to RULE is evident to those who understand history. As Lord Rothschild said:  “Let me issue and control a nation’s money and I care not who writes the laws.” Mayer Amschel Rothschild (1744-1812), founder of the House of Rothschild.

Mr. Rothschild also said: “The few who understand the system will either be so interested in its profits or be so dependent upon its favours that there will be no opposition from that class, while on the other hand, the great body of people, mentally incapable of comprehending the tremendous advantage that capital derives from the system, will bear its burdens without complaint, and perhaps without even suspecting that the system is inimical to their interests.” The Rothschild brothers of London writing to associates in New York, 1863. Yes, few really comprehend what is emerging within our current corrupt Central Banking System. Could the ‘mark of the beast’ be far behind’?

Here are a couple additional quotes from Time magazine on money:  “I am afraid the ordinary citizen will not like to be told that the banks can and do create money. And they who control the credit of the nation direct the policy of Governments and hold in the hollow of their hand the destiny of the people.” Reginald McKenna, as Chairman of the Midland Bank, addressing stockholders in 1924.

“The banks do create money. They have been doing it for a long time, but they didn’t realise it, and they did not admit it. Very few did. You will find it in all sorts of documents, financial textbooks, etc. But in the intervening years, and we must be perfectly frank about these things, there has been a development of thought, until today I doubt very much whether you would get many prominent bankers to attempt to deny that banks create it.” H. W. White, Chairman of the Associated Banks of New Zealand, to the New Zealand Monetary Commission, 1955.

The following quotes sum up why the vision of Mr. Powell and Mr. George along with our omnipresent Fed will make us all SLAVES if we don’t shut down this centralized (private) institution.

OTHERS

“Money is a new form of slavery, and distinguishable from the old simply by the fact that it is impersonal – that there is no human relation between master and slave.” Leo Tolstoy, Russian writer.

“It is well enough that people of the nation do not understand our banking and money system, for if they did, I believe there would be a revolution before tomorrow morning.” Henry Ford, founder of the Ford Motor Company.

“The modern banking system manufactures money out of nothing. The process is, perhaps, the most astounding piece of sleight of hand that was ever invented. Banks can in fact inflate, mint and un-mint the modern ledger-entry currency.” Major L L B Angus.

“The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it. The process by which banks create money is so simple the mind is repelled. With something so important, a deeper mystery seems only decent.” John Kenneth Galbraith, former professor of economics at Harvard, writing in ‘Money: Whence it came, where it went’ (1975).

What is now emerging globally is not to my likely. I would think that many who understand the power of the elite to rule and the controlling nature of money over common people would also dislike this trend now in motion. Yes, the Fed should be abolished asap. We need to get the word out to all Americans on this issue. That’s my message for today. I am: https://kingdomecon.wordpress.com.

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