Fed: The invention dollar system and its collapse

Since the late nineteenth century, banks were under the control of the empire Rotschild launched a major campaign to seize the US economy. The Rothschilds from Europe, financed banks JP Morgan, Kuhn Loeb and John D. Rockefellers and its affiliated companies Standard Oil Co., Edward Harriman railroads and steel mills of Andrew Carnegie.

Around 1900, the Rothschilds sent to the United States to one of its agents, Paul Warburg, who was cooperating with the Kuhn Loeb & Co Bank to establish several "Federal Reserve Banks' (EDF), private institutions issuing currency. With the support of the two major financial groups Rothschilds and Rockefellers, managed to establish a private central bank with the right to issue its own currency, legal tender initially guaranteed by the state. The establishment of "FED" in 1913, allowed international bankers could consolidate their financial power in America. Paul Warburg was the first president of the Fed. 

After the founding of the Fed saw the adoption of the 6th Amendment of the US Constitution, which allowed the government to charge a tax on income. It was a consequence of the fact that the government could no longer issue its own currency. Thus, the international bankers indirectly appropriated private property of the US citizen. 

During World War II, the United States came to demand that the warring countries would pay with gold buying weapons. After the war, the gold from Germany became the spoils of war. More than 30,000 tons of world gold accumulated in the United States.

After World War II, the world's gold reserves accumulated at the private bank that was actually the Fed, so many central banks were unable to continue to maintain the gold standard and their countries were immersed into deflation, producing thus world economic crisis. 

Served that gold hedging the dollar. But as much of those dollars were playing the role of monetary reserve in the coffers of the foreign central banks, the US could continue to print more dollars in amounts that no longer correspond to their gold reserves.Other countries need dollars to buy raw materials. Thus, the dollar became a major monetary reserves of foreign central banks.

In 1971, Richard Nixon canceled the convertibility of the dollar into gold and at the same time, the State guarantee on the value of the dollar. Since then, the value of the greenback is not in correspondence with gold reserves nor guaranteed by the State. It is therefore of free private currency of the EDF . But l to monetary mass of dollars that the Fed puts into circulation (since March 2006, the Fed has not published more thanthe amount of money supply M3) has become an unsolvable problem : the global mass of goods quadrupled during the last 30 years, but the money supply multiplied by 40, that is there are ten times more dollars than assets. Already

in 1992, the obligations held by the Fed reached a value of 5 trillions of dollars, and the interest paid by the rest of the world are steadily increasing. The Fed took over that incredible heritage lending money to the US government and then charging youinterest. 

Not the US government which issues the dollars, but the Fed, which in turn is under the control of private banks and government makes available amounts of money, will charge interest and collect taxes.The owners of this country are the Rothschilds and Rockefellers empires who, incidentally have lived for a century the benefit of using the dollars. Why countries seeking to establish trade relations with other currency, such as Iran, Iraq and Venezuela who have chosen the Euro, they are branded as terrorists. 

For half a century the world will be forced to accumulate and use dollars, and today its rejection is what is flooding the market desplomándolo in a bottomless fall. 
__________________
This article was published in March 2008.  See original article