Try getting celebrities on your side for some mentioning here or ther, maybe. Or they might sponsor TV ads. I don't know, the world needs you. Speak at universities maybe. I tell people about this concept.
Don't quite understand - why would the Federal Reserve lend money to the Bank Of England (even at low rates of interest)? Why would the Bank Of England not simply print that money?
but those "numbers" mark loans, not free gifts. The GAO has a conflict of interest in this matter, anyway.
Obama is not making the bankers rich. Reagan started that process and now bankers are just doing what they think they can get away with.
There will likely be no punishment for the banks, as the Tea Party refuses to acknowledge that anything other than Obama is the source of all America's problems.
Central Banks worldwide are demanding interest from taxpayers everywhere, not just here in the US. About interest-free loans, at least low-interest loans, or fee-based loans to cover the costs incurred in loaning and collecting the repayments. I heard an Arab man speaking in terms of banking as INFRASTRUCTURE.
@aCreativeForce -- I do not agree with nationalizing banks or banking, but as Prof. Irving Fisher said, we need to nationalize money. We need a competitive, profit-driven lending function to keep borrowing costs low and keep liquidity high. If all lending were centralized (nationalized) to whom would Bill Still go to get a loan when the government lending agency turned me down?
@wnc817 -- Loaning money must have interest attached, or there would be no loans. Usury is loaning money one creates out of nothing. That must be stopped.
@chillercm Yes, if that were the only change. Banks could be regulated to be non-profit institutions or public banks could issue interest-free credit.
@wnc817 -- I would want neither of these options. Banks must be profit-making and competitive because of the "time-value of money". Otherwise there would be no incentive to loan -- capitalism. Public banks at the state level are fine, but at the federal level this would be anti-competative and therefore violate the de-consolidation of power principle for maximal public interest.
We're all very fortunate to have people like Mr. Still share their information with us. I'm just a common man that knows very little about politics and big business. However, after learning the basics from Mr. Still, I want to storm the Bastille.
Hi Bill, Where did you find out that the ECB got a 8 trillion dollar secret loan? I talked to people in their accounting department and they said they never received any secret loans from the Fed. Loans yes but not secret loans....
@bstill3 sorry I didn't understand what the GAO is. Thanks for sharing this info with me. No one probably noticed because it took place over 271 transactions. They still weren't done secretly. The ECB has to report these loans on a weekly basis. Otherwise it goes against its founding principles of transparency.
@chillercm -- look on the video. It gives the website of the GAO, Government Accounting Office. It may not have been a secret if one goes to the ECB website, but it was certainly a secret in this country.
@bstill3 I know this might not me justified, but no organization is under any legal obligation in most countries to write on their balance sheet who they lent money to.....this should be changed at least for central banks!
Bill I only wish that before you leave this earth that you will be a figure of not only national but international heroism. Has any major media outlet ever spoken your name? Love your work!
have you seen Mike Montagne's work on mathematically perfected economy. He seems to take an extra step to say that all lending at interest is an obfuscation of our own promissory obligations to each other because it is impossible to pay back the principal sum plus interest when only the principal sum has been 'created'. This then leads to the inevitable failure of the entire system. ie there is loads of money when it is being lent but there can never be enough to pay it all back.
@TheCiller10 -- I think this is the guy who claims that I copied his work when I never heard of him before a year ago. He's pretty obtuse and if he's saying there should be no interest paid on loans dead wrong. The time-value of money makes interest payments on lending real money mandatory; otherwise, no one would loan. I do believe that charging interest on money you never had in the first place is not only immoral, but outright fraud.
@bstill3 cheers for the clarification i see what you mean when your talking in terms of real money and not just money created out of thin air through the fractional reserve system.
Stop using ad hominem attacks such as calling Ron Paul, et. al, Goldbugs .... make the argument why proponents of a Gold backed monetary system are wrong. I mean that in the best possible way....educate don't insult.
@bstill3 Bill...I stand corrected. I ignorantly sensed the use of the term "bug" as pejorative. I did more research and saw that it is in fact a term adopted as you suggest. I tend to be in the gold-back currency camp myself only because of my deep distrust of politicians. I will continue to do more research, which will include listening to you and Helen Brown, among others.
You are an incredible man and human being. People need to start waking up to this stuff and standing up together for their rights and freedoms. All the crimes that have been commited against the people are unthinkable and many brave people have spoken out against it all for decades and they deserve a lot of respect and attention of others. A lot of people are still asleep but it looks like more and more people are becoming aware of what is going on. Thankyou and stay positive. :)
the swap lines seem to have just been some way for the fed to bolster the dollar as the worlds default currency - i dont think there was ever an issue of paying back as they were money swaps and not loans.
Government has to limit money supply to actual need. The Treasury uses notes to pay for expenditures (infrastructure, entitlements). As long as this does not exceed the productive capacity of the economy, the system will function with minimum unemployment and maximum efficiency. This can allow speculation if all risks are covered by assets and losses are private and not public. The government cannot invest financially nor borrow fiscally. They use what they generate from taxes and excise duties.
I don't know how far down the rabbit hole you've gone, but fighting the banks sends you down it in a hurry.
Do not fear the fema camps and do not fear their threats of imprisonment and torture. You are amongst the freest men this nation still has. The truth flows from you without ever wavering.
This is for all our children. It kills me every day to know my son will grow up in this corrupt nation, but all we can do is fight.
@oblivionsdelightful -- Thanks for this encouragement. I don't fear FEMA camps; #1, I've heard it all before -- like since 1972; #2, I'm too old to care. This is my ship and I'm going down fighting or I'm gonna win.
@EddieA10 -- Yup. It is difficult to understand how Ron Paul can stick with the Austrian goldbugs in the face of this overwhelming evidence to the contrary, but worst of all is when he will get on TV and say: "The Constitution says that only gold and silver can be legal tender." Someone on the campaign trail is going to trip him up on that.
@bstill3 Ron Paul said it was the reason he got into politics when Nixon took the U.S. off the Gold Standard... He thought it was a bad idea???... Hopefully he will switch idealogies and support the Silver Standard as William Jennings Bryan proposed... As you pointed out in MM and SoZ... Thanks again, Bill...
@mhasson33 -- We have met. He promised that I could come into his office and talk about a consensus, but despite numerous calls and emails that has never happened.
@bstill3 That is interesting. Hmm well I've recently been trying to educate myself about monetary issues and originally thought Ron Paul was the only reasonable candidate to put our country in a better direction, but now after watching your videos I have a lot more to consider. Man this is a confusing world. Thank you for your work.
that's too bad that your tries to meed Ron Paul for a debate were in vane so far.
I sure would love to see a video of you debating him about the gold standard.
I'd love to ask him some questions myself, like for example: where would a country that has too little gold get all the needed gold from in order to give their population a currency to facilitate trade.
Obviously they would need to go into debt for a gold standard.
Ron's fixation on gold is a sad thing besides his good traits.
@mhasson33 Lets get Ron Paul the republican nomination then POTUS. We could recommend to President Ron Paul Bill Still as head of the Treasury Department.
@bstill3 Thank you, Bill. In the interim, I'd searched for "federal reserve system site:gao.gov" @ google and then confined my results to the last month. The very same report was one of the three resulting docs.
My remaining question is, how can I prove to anyone who wants to see these results with their own eyes that foreign central banks were not obligated to pay interest on the funds loaned to them? I searched for the term "interest" in the report, but, that didn't provide the answer. Thx!
If you wanted to know you could see the fascist movement bring the world to a new world war and be prepared for it.
Know we can see that we will be hit by massive inflation in the next two years and that the central banks will have to rise the interest rate. So all will be hit hard and the system will unravel again.
Enough is enough! These banksters need to have their assets seized. I wonder how much time will pass before these banksters are finally put on trial and get some serious time.
@mstone05 -- I doubt that the full fraction was applied, but it could have been. The problem that people were so mortgaged out across the globe that when the bubble burst, everyone's credit plummeted. But this is shocking that now the Fed is loaning Switzerland money -- for example.
I noticed on TV at the Iowa straw poll coverage, a clip of Ron Paul walking with what looked like two body guards. I fear this man's life would be in danger if he is ever elected. Like Paul, I believe in gold/silver backed money, but would support your debt-free monetary system over today's debt based system. thanks for the history lesson.
So, the fed is lending money to the commercial banks worldwide.
The banks paid it back with the bail-out money given by the governments. That bail-out money will have to be paid through the people, via taxes and cutting down on social welfare etc That money goes back to the Fed with interest.
Good investment for the Rothschilds and friends, (the Fed). and the people got screwed.
@metallicaregein --The Fed is not a govt agency. It is designed to appear to be in control of the banks as a "quasi-governmental" agency, but in fact, it runs cover for the banks instead. It's job is to take of banks, not the citizens.
In his book End the Fed, Ron Paul considers the question: who would you prefer to run the money system, JP Morgan or Ben Bernanke? I would ask, what's the difference? Well Ron, you got your audit. Now what? Deregulate the banks? How about government does what it's supposed to do, Protect the People, and stop this massive fraud that is destroying our nation?
Hi Bill, is the article in the Huffington Post about Congressman Dennis Kucinich's new bill anything to do with your work? It seems to cover the same sort of material. I would be interested to know your thoughts.
@bstill3 Thanks Bill. I was emailed the details of the bill by both Ben Dyson and Simon Dixon here in the UK. I haven't managed to read it all yet, but I thought I would let you know. Hoping to buy the book soon. Keep up the good work.
Nationalizing money is always what leads to this type of behavior. Kings debased their coins, the Fed debases our money at our governments wish, and our Congress would do the same if we gave them control of the money supply. The only solution is to take the power of issuing/creating currency away from the power centers and banksters.
“The Federal Reserve claims all this money has been repaid with interest. They are heralding this as a great investment” but for who the privately owned Federal Reserve or for the Treasury of the USA ? The former, no doubt.
It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.
It's shocking to see what they are doing to America. I have a strong feeling the US man space program will start again but it will be privatize and the international bankers(or their friends) are gonna end up owning it. What a scam!
@MustacheVerra I agree. When they shut down the external tank production they had materials, facility and trained workers to build at least 2 more - on site and paid for.
My prediction is it will all be sold cheap to "private enterprise" who will call back the specialized workers at a fraction of the pay. A lot of people had been at those jobs for 20+ yrs. Big savings in laying them all off.
@gmfutube -- Thanks. I surmised that there was something behind the scenes going on because it soooo doesn't make sense to shut this stuff down. The manned spaceflight program is the tip of the spear of American exceptionalism. Nuff said.
Huh? Our money? The dollar bill is not American money. It is literally a Federal Reserve Note. The dollar is the property of the Fed. Pull one out of your wallet and you'll see those words printed on it. Even gold reserves are held by the Federal Reserve in New York. America has no money.
It's such a great thing you are doing for the people of this world Mr. Still. Sadly only an extremely small percentage of the people are watching these videos, but even so the value of this information is immeasurable and I thank you for your efforts.
plain and simple the federal reserve has to be abolished and taxed out of existence these scumbags are in control of this debt slave system and their the prime cause of society being in such bad condition give one example on how money does not affect society? and please really think about that question before you answer it abolished the federal reserve VOTE RON PAUL 2012
this is wildly egregious and will only bring us down faster. We cant afford to subsidise the world. Congress is supposed to be in charge of spending. This has to stop.
3%, no wonder Europe is screwed. All these billions and Trillions amounts do not exist. It's all the result of fractional reserve. We are going to be so poor in the new system.
how is money created in other countries with central banks..ie reserve bank of australia...same principle or does it borrow money from the federal reserve?
To put those numbers in additional perspective, wikipedia says "The total market capitalization of all publicly traded companies in the world was US$51.2 trillion in January 2007".
The United Nations’ global food-inflation index has been growing higher and higher, so the question of whether all this new money will get sucked into debt faster than it's created seems to be 'no'. It looks like it's going to be hyperinflationary.
@LucidDreamTricks --- I remain a fence sitter. Problem is that major injections into the money supply typically are not felt for 18-24 months. Could be a timebomb ticking.
Try getting celebrities on your side for some mentioning here or ther, maybe. Or they might sponsor TV ads. I don't know, the world needs you. Speak at universities maybe. I tell people about this concept.
trupiil 3 months ago
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ForeclosureMD 3 months ago
Don't quite understand - why would the Federal Reserve lend money to the Bank Of England (even at low rates of interest)? Why would the Bank Of England not simply print that money?
sepia888 4 months ago
@sepia888 - EXACTLY
bstill3 2 months ago
@sepia888 there's a theory that the Bank of England still runs the show. Maybe it's more than a theory.
triflind 2 months ago
but those "numbers" mark loans, not free gifts. The GAO has a conflict of interest in this matter, anyway.
Obama is not making the bankers rich. Reagan started that process and now bankers are just doing what they think they can get away with.
There will likely be no punishment for the banks, as the Tea Party refuses to acknowledge that anything other than Obama is the source of all America's problems.
talons2112 5 months ago
Central Banks worldwide are demanding interest from taxpayers everywhere, not just here in the US. About interest-free loans, at least low-interest loans, or fee-based loans to cover the costs incurred in loaning and collecting the repayments. I heard an Arab man speaking in terms of banking as INFRASTRUCTURE.
Why not? It is very essential to our modern world
aCreativeForce 5 months ago
@aCreativeForce -- I do not agree with nationalizing banks or banking, but as Prof. Irving Fisher said, we need to nationalize money. We need a competitive, profit-driven lending function to keep borrowing costs low and keep liquidity high. If all lending were centralized (nationalized) to whom would Bill Still go to get a loan when the government lending agency turned me down?
bstill3 5 months ago
Well done Bill! Keep spreading the word. Debt Free Money. Abolish fractional reserve lending.
poppanolan 5 months ago
All money should be debt-free and interest-free. Usury and speculation must be eliminated.
wnc817 6 months ago
@wnc817 -- Loaning money must have interest attached, or there would be no loans. Usury is loaning money one creates out of nothing. That must be stopped.
bstill3 6 months ago
@wnc817 interest free means no incentive to loan, no incentive to deposit!
chillercm 6 months ago
@chillercm -- right
bstill3 6 months ago
@chillercm Yes, if that were the only change. Banks could be regulated to be non-profit institutions or public banks could issue interest-free credit.
wnc817 6 months ago
@wnc817 -- I would want neither of these options. Banks must be profit-making and competitive because of the "time-value of money". Otherwise there would be no incentive to loan -- capitalism. Public banks at the state level are fine, but at the federal level this would be anti-competative and therefore violate the de-consolidation of power principle for maximal public interest.
bstill3 6 months ago
We're all very fortunate to have people like Mr. Still share their information with us. I'm just a common man that knows very little about politics and big business. However, after learning the basics from Mr. Still, I want to storm the Bastille.
MITYFLEA 6 months ago
nice video
jacksonleino 6 months ago
Hi Bill, Where did you find out that the ECB got a 8 trillion dollar secret loan? I talked to people in their accounting department and they said they never received any secret loans from the Fed. Loans yes but not secret loans....
chillercm 6 months ago
@chillercm -- I cited my source -- the GAO report. Check it out. It's online.
bstill3 6 months ago
@bstill3 sorry I didn't understand what the GAO is. Thanks for sharing this info with me. No one probably noticed because it took place over 271 transactions. They still weren't done secretly. The ECB has to report these loans on a weekly basis. Otherwise it goes against its founding principles of transparency.
chillercm 6 months ago
@chillercm -- look on the video. It gives the website of the GAO, Government Accounting Office. It may not have been a secret if one goes to the ECB website, but it was certainly a secret in this country.
bstill3 6 months ago
@bstill3 I know this might not me justified, but no organization is under any legal obligation in most countries to write on their balance sheet who they lent money to.....this should be changed at least for central banks!
chillercm 6 months ago
senator sanders has the GAO report here:
The Fed Audit
sanders(.)senate(.)gov/newsroom/news/?id=9e2a4ea8-6e73-4be2-a753-62060dcbb3c3
vomit55 6 months ago
Bill I only wish that before you leave this earth that you will be a figure of not only national but international heroism. Has any major media outlet ever spoken your name? Love your work!
sputty1971 6 months ago
@sputty1971 -- nope. I've tried and tried.
bstill3 6 months ago
have you seen Mike Montagne's work on mathematically perfected economy. He seems to take an extra step to say that all lending at interest is an obfuscation of our own promissory obligations to each other because it is impossible to pay back the principal sum plus interest when only the principal sum has been 'created'. This then leads to the inevitable failure of the entire system. ie there is loads of money when it is being lent but there can never be enough to pay it all back.
TheCiller10 6 months ago
@TheCiller10 -- I think this is the guy who claims that I copied his work when I never heard of him before a year ago. He's pretty obtuse and if he's saying there should be no interest paid on loans dead wrong. The time-value of money makes interest payments on lending real money mandatory; otherwise, no one would loan. I do believe that charging interest on money you never had in the first place is not only immoral, but outright fraud.
bstill3 6 months ago
@bstill3 cheers for the clarification i see what you mean when your talking in terms of real money and not just money created out of thin air through the fractional reserve system.
TheCiller10 6 months ago
Stop using ad hominem attacks such as calling Ron Paul, et. al, Goldbugs .... make the argument why proponents of a Gold backed monetary system are wrong. I mean that in the best possible way....educate don't insult.
nwaustx2011 6 months ago
@nwaustx2011 -- Hmmmm, I didn't realize that you thought the term Goldbug was an attack. Goldbugs have called themselves this for years.
bstill3 6 months ago
@bstill3 Bill...I stand corrected. I ignorantly sensed the use of the term "bug" as pejorative. I did more research and saw that it is in fact a term adopted as you suggest. I tend to be in the gold-back currency camp myself only because of my deep distrust of politicians. I will continue to do more research, which will include listening to you and Helen Brown, among others.
nwaustx2011 5 months ago
this video should have 10.000,000 views.
iglwy 6 months ago
You are an incredible man and human being. People need to start waking up to this stuff and standing up together for their rights and freedoms. All the crimes that have been commited against the people are unthinkable and many brave people have spoken out against it all for decades and they deserve a lot of respect and attention of others. A lot of people are still asleep but it looks like more and more people are becoming aware of what is going on. Thankyou and stay positive. :)
heathey2 6 months ago
I have the Fed Releases as well, everything he says is true.
cilcannonvryce 6 months ago
the swap lines seem to have just been some way for the fed to bolster the dollar as the worlds default currency - i dont think there was ever an issue of paying back as they were money swaps and not loans.
crises9000 6 months ago
I'm glad to see that someone is keeping the American People aware of the goings on in our Gov. Keep up the good work,.
mrstenify 6 months ago
Government has to limit money supply to actual need. The Treasury uses notes to pay for expenditures (infrastructure, entitlements). As long as this does not exceed the productive capacity of the economy, the system will function with minimum unemployment and maximum efficiency. This can allow speculation if all risks are covered by assets and losses are private and not public. The government cannot invest financially nor borrow fiscally. They use what they generate from taxes and excise duties.
Sueezedtight 6 months ago
Mr Still,
You are a diamond in the rough.
I don't know how far down the rabbit hole you've gone, but fighting the banks sends you down it in a hurry.
Do not fear the fema camps and do not fear their threats of imprisonment and torture. You are amongst the freest men this nation still has. The truth flows from you without ever wavering.
This is for all our children. It kills me every day to know my son will grow up in this corrupt nation, but all we can do is fight.
Thank you for everything.
oblivionsdelightful 6 months ago 7
@oblivionsdelightful -- Thanks for this encouragement. I don't fear FEMA camps; #1, I've heard it all before -- like since 1972; #2, I'm too old to care. This is my ship and I'm going down fighting or I'm gonna win.
bstill3 6 months ago 13
My only question about Ron Paul is his support of the Gold Standard...
EddieA10 6 months ago
@EddieA10 -- Yup. It is difficult to understand how Ron Paul can stick with the Austrian goldbugs in the face of this overwhelming evidence to the contrary, but worst of all is when he will get on TV and say: "The Constitution says that only gold and silver can be legal tender." Someone on the campaign trail is going to trip him up on that.
bstill3 6 months ago 3
@bstill3 Ron Paul said it was the reason he got into politics when Nixon took the U.S. off the Gold Standard... He thought it was a bad idea???... Hopefully he will switch idealogies and support the Silver Standard as William Jennings Bryan proposed... As you pointed out in MM and SoZ... Thanks again, Bill...
EddieA10 6 months ago
Bill, is Ron Paul the best option we have right now? Have you ever managed to speak with him about your views?
mhasson33 6 months ago
@mhasson33 -- We have met. He promised that I could come into his office and talk about a consensus, but despite numerous calls and emails that has never happened.
bstill3 6 months ago 4
@bstill3 That is interesting. Hmm well I've recently been trying to educate myself about monetary issues and originally thought Ron Paul was the only reasonable candidate to put our country in a better direction, but now after watching your videos I have a lot more to consider. Man this is a confusing world. Thank you for your work.
mhasson33 6 months ago
@bstill3
that's too bad that your tries to meed Ron Paul for a debate were in vane so far.
I sure would love to see a video of you debating him about the gold standard.
I'd love to ask him some questions myself, like for example: where would a country that has too little gold get all the needed gold from in order to give their population a currency to facilitate trade.
Obviously they would need to go into debt for a gold standard.
Ron's fixation on gold is a sad thing besides his good traits.
TheHorsenation 6 months ago
@bstill3 thats too bad. i'm sure it would be a very interesting conversation!
ThisIsNotPictureTube 6 months ago
@mhasson33 Lets get Ron Paul the republican nomination then POTUS. We could recommend to President Ron Paul Bill Still as head of the Treasury Department.
blanchfield137 6 months ago 3
@blanchfield137 -- That's one of the few govt jobs I would take.
bstill3 6 months ago
Best videos on Youtube.
mrgerbeck 6 months ago
many thanks bill , best wishes from blighty .
cherikandler 6 months ago
Great video, as usual.
SHNUCAU 6 months ago
Bill - I'm looking for that GAO report you referenced here in SR24. Can you provide a link and/or give us the title? Thank you.
callen510yt 6 months ago
@callen510yt -- It's attributed onscreen in the film at the end of the numbers section, but here it is again -- gao.gov/new.items/d11696.pdf
bstill3 6 months ago 4
@bstill3 Thank you, Bill. In the interim, I'd searched for "federal reserve system site:gao.gov" @ google and then confined my results to the last month. The very same report was one of the three resulting docs.
My remaining question is, how can I prove to anyone who wants to see these results with their own eyes that foreign central banks were not obligated to pay interest on the funds loaned to them? I searched for the term "interest" in the report, but, that didn't provide the answer. Thx!
callen510yt 6 months ago
Our time reminds me of 1936.
If you wanted to know you could see the fascist movement bring the world to a new world war and be prepared for it.
Know we can see that we will be hit by massive inflation in the next two years and that the central banks will have to rise the interest rate. So all will be hit hard and the system will unravel again.
pcuimac 6 months ago
@pcuimac -- maybe. Not so sure about the "massive inflation" however. I'm still a deflationist in that short a term.
bstill3 6 months ago
Enough is enough! These banksters need to have their assets seized. I wonder how much time will pass before these banksters are finally put on trial and get some serious time.
RP2012 or FTW!!
MsChapman77 6 months ago 2
solution: repeal the Federal Reserve Act and all it's debt thus ending the debt
xadam2dudex 6 months ago
END THE FED
RON PAUL REVOLUTION 2012
SKANKER22SG 6 months ago
Actually fractional reserve banking reserve ratio in Eurozone central banks is only 2% - so it can be multiplied by 50 TIMES!
SiimKilgas 6 months ago
My God, what would we do without you giving us this information ?
Q. Really is though, What are we going to Do with your information ?
Where do we even begin ?
Thank you as always.
hunkydoryorder 6 months ago 2
@hunkydoryorder -- I can't do it all. I need support, especially financial support. Buy something.
bstill3 6 months ago
More than fair to say @bstill3.
I Will purchase (and promote) your Secret of Oz before too long..
Not easy being on the 'right side of history'.
God bless and thank you once again.
hunkydoryorder 6 months ago
@mstone05 -- I doubt that the full fraction was applied, but it could have been. The problem that people were so mortgaged out across the globe that when the bubble burst, everyone's credit plummeted. But this is shocking that now the Fed is loaning Switzerland money -- for example.
bstill3 6 months ago
scumbaggery...
438doug 6 months ago
I noticed on TV at the Iowa straw poll coverage, a clip of Ron Paul walking with what looked like two body guards. I fear this man's life would be in danger if he is ever elected. Like Paul, I believe in gold/silver backed money, but would support your debt-free monetary system over today's debt based system. thanks for the history lesson.
mossylog8 6 months ago
Federal Reserve-private banksters. This is the biggest con ever. All these people should be arrested and there assets seized.
richco7773 6 months ago
Thinking out loud now.
So, the fed is lending money to the commercial banks worldwide.
The banks paid it back with the bail-out money given by the governments. That bail-out money will have to be paid through the people, via taxes and cutting down on social welfare etc That money goes back to the Fed with interest.
Good investment for the Rothschilds and friends, (the Fed). and the people got screwed.
BastiaanV2 6 months ago
wow it sounds like the US dollar is going to be so diluted that it will eventually be worth nothing. What a great system!
charronfamilyconnect 6 months ago
So Bill,
Can you elaborate on why the Fed is "friends" with foreign banks?
metallicaregein 6 months ago
@metallicaregein --The Fed is not a govt agency. It is designed to appear to be in control of the banks as a "quasi-governmental" agency, but in fact, it runs cover for the banks instead. It's job is to take of banks, not the citizens.
bstill3 6 months ago 3
In his book End the Fed, Ron Paul considers the question: who would you prefer to run the money system, JP Morgan or Ben Bernanke? I would ask, what's the difference? Well Ron, you got your audit. Now what? Deregulate the banks? How about government does what it's supposed to do, Protect the People, and stop this massive fraud that is destroying our nation?
etzel33 6 months ago
@etzel33 -- Yes, you have it. Bernanke IS the banks.
bstill3 6 months ago
Hi Bill, is the article in the Huffington Post about Congressman Dennis Kucinich's new bill anything to do with your work? It seems to cover the same sort of material. I would be interested to know your thoughts.
rowestocktrader 6 months ago
@rowestocktrader -- I cover the Kuchinich bill in my new book, "No More National Debt". It is fatally flawed.
bstill3 6 months ago
@bstill3 Thanks Bill. I was emailed the details of the bill by both Ben Dyson and Simon Dixon here in the UK. I haven't managed to read it all yet, but I thought I would let you know. Hoping to buy the book soon. Keep up the good work.
rowestocktrader 6 months ago
Nationalizing money is always what leads to this type of behavior. Kings debased their coins, the Fed debases our money at our governments wish, and our Congress would do the same if we gave them control of the money supply. The only solution is to take the power of issuing/creating currency away from the power centers and banksters.
bambam2384 6 months ago
well done i've been screaming about the banks loaning countrys money while emptying the taxpayers pockets and blackmailing governments to cough up.
weadone 6 months ago
“The Federal Reserve claims all this money has been repaid with interest. They are heralding this as a great investment” but for who the privately owned Federal Reserve or for the Treasury of the USA ? The former, no doubt.
paulrprichard 6 months ago
Great video Bill....
BourneAccident 6 months ago
One of your best videos yet. I'm rebroadcasting your links to all my friends. Keep up the awesome work!
drtyrell969 6 months ago
Bill, thank you for giving the truth a voice.
jaingxu 6 months ago
Ben, thank you for giving the truth a voice.
jaingxu 6 months ago
@jaingxu -- My name is BILL.
bstill3 6 months ago
The GAO is one of the few highly credible government agencies left!
MmmmYeahSure 6 months ago
This is my Favorite person to discuss the banks the Money.
"The Secret of Oz" is a Genuis work and can be watched on my channel.
"The Money Masters" is also there but is 3 and a half hours long but a must see film to understand all this better.
Mr Still is my Hero and a person I aspire to one day become. Or, at least to have his knoledge.
Bravo Sir.
americanbandwidth 6 months ago
It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.
Henry Ford
ParasitesH8Truth 6 months ago
Giving money away to banks, making us slaves via debt.
Idtelos 6 months ago
Incredible information there.
It's shocking to see what they are doing to America. I have a strong feeling the US man space program will start again but it will be privatize and the international bankers(or their friends) are gonna end up owning it. What a scam!
MustacheVerra 6 months ago
@MustacheVerra -- You could be right. Never thought of that.
bstill3 6 months ago
@MustacheVerra I agree. When they shut down the external tank production they had materials, facility and trained workers to build at least 2 more - on site and paid for.
My prediction is it will all be sold cheap to "private enterprise" who will call back the specialized workers at a fraction of the pay. A lot of people had been at those jobs for 20+ yrs. Big savings in laying them all off.
gmfutube 6 months ago
@gmfutube -- Thanks. I surmised that there was something behind the scenes going on because it soooo doesn't make sense to shut this stuff down. The manned spaceflight program is the tip of the spear of American exceptionalism. Nuff said.
bstill3 6 months ago 2
Huh? Our money? The dollar bill is not American money. It is literally a Federal Reserve Note. The dollar is the property of the Fed. Pull one out of your wallet and you'll see those words printed on it. Even gold reserves are held by the Federal Reserve in New York. America has no money.
ProphetessTelharesha 6 months ago
@ProphetessTelharesha -- US Notes are American money and they are still legal tender.
bstill3 6 months ago
Still Yes Bill for President!
1betrman 6 months ago
It's such a great thing you are doing for the people of this world Mr. Still. Sadly only an extremely small percentage of the people are watching these videos, but even so the value of this information is immeasurable and I thank you for your efforts.
DigitalShaolin 6 months ago
Keep up you great work brotha. Thumbs up.
heytootssweet 6 months ago
it is amazing to see Peter Schiff, Marc Faber or Jim Rogers are saying that government prints money too much money... on national tv!!!
silvermaniamania1 6 months ago
I bet most of those money went directly into derivative market...
silvermaniamania1 6 months ago
plain and simple the federal reserve has to be abolished and taxed out of existence these scumbags are in control of this debt slave system and their the prime cause of society being in such bad condition give one example on how money does not affect society? and please really think about that question before you answer it abolished the federal reserve VOTE RON PAUL 2012
sekundnayture2012 6 months ago
this is wildly egregious and will only bring us down faster. We cant afford to subsidise the world. Congress is supposed to be in charge of spending. This has to stop.
excxflyr 6 months ago
3%, no wonder Europe is screwed. All these billions and Trillions amounts do not exist. It's all the result of fractional reserve. We are going to be so poor in the new system.
BLynchCAN 6 months ago
Hey Bernanke, I also only do business with friends...YOU'RE FIRED.
westernciviliznation 6 months ago
Sick of the lies, deciet and corruption in the world. It needs to stop!
silvergoldhedge 6 months ago 2
I am so sick of these scams!!
danmo43 6 months ago 12
how is money created in other countries with central banks..ie reserve bank of australia...same principle or does it borrow money from the federal reserve?
scatteredmunky 6 months ago
@scatteredmunky -- I would have to guess and I'd rather not.
bstill3 6 months ago 2
To put those numbers in additional perspective, wikipedia says "The total market capitalization of all publicly traded companies in the world was US$51.2 trillion in January 2007".
The United Nations’ global food-inflation index has been growing higher and higher, so the question of whether all this new money will get sucked into debt faster than it's created seems to be 'no'. It looks like it's going to be hyperinflationary.
LucidDreamTricks 6 months ago
@LucidDreamTricks --- I remain a fence sitter. Problem is that major injections into the money supply typically are not felt for 18-24 months. Could be a timebomb ticking.
bstill3 6 months ago 7
@bstill3 what are your views on the inflation vs deflation debate? or is it stagflation?
nayanmalig 6 months ago
@nayanmalig -- I'm not sure. Short term, I see deflation. Long term, inflation is their only tool.
bstill3 6 months ago
@bstill3 I am amazed that the dollar has so far held up with even all the abuse. any other currency would have crashed way back. don't you agree?
nayanmalig 6 months ago
@nayanmalig -- Yes, but unfortunately, the effects of hot money injections typically take 18 to 24 months to work their way down to our level.
bstill3 6 months ago
@bstill3 they were doing injections from 2008 if I am not mistaken. but somehow USA exports the inflation outside.
nayanmalig 6 months ago
@nayanmalig --These secret loan programs ran from Dec. 07 thru 2010.
bstill3 6 months ago
Is there any evidence these loans were not simply gifts, like QE was? That is, how do we know these loans will ever actually be repaid?
LucidDreamTricks 6 months ago
@LucidDreamTricks -- all I can do is to go by the GAO report which I footnoted.
bstill3 6 months ago 3