Banks versus the American Dream LEARN THE TRUTH





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Published on Jan 11, 2011

Here is one solution to the current monetary monstrosity.
Like Lincoln's "Green backs", Britons "Talley Sticks" or Roman bronze coinage, provide just enough money (without interest) to facilitate commerce for the benefit of the populace.

At the Federal Level, Congress should control and issue the debt free money-Not the Federal Reserve which is a privately owned bank. Just enough money will be injected into the system through normal budget process. Existing money will be replace one for one with the new debt free money, and start paying off the national debt.

To prevent inflation, Reserve requirements are gradually raised at the commercial banks eventually requiring them to have 100% reserves.

The commercial banks can then only lend the amount they have in reserve and must compete in the open market for additional money, thus making banks competitive once again.

On the State level, a state bank is charted, much like the very successful 90yr old Bank of North Dakota. The state deposits it funds into the new bank and uses fractional reserve lending to their advantage, making loans for roads, bridges etc. at NO INTEREST.

When loans are repaid the money is removed from the system this way you create wealth without creating a permanent increase in the money supply and the consequent inflation.

While I wish all these are my unique ideas in fact you can find most all of it on videos done by Bill Still such as "The Money Masters" and "The Secret off Oz".
There is a movement to take back control using Grand Jurys http://www.youtube.com/watch?v=PAu4O8...


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