Banking system

Where each worldview places it
"The fantastic con trick we call the banking system", on which "the foundations of the manipulation toward a world government, army, bank and currency are built"[1]. It creates credit from nothing, lends it at interest and "sucks the world's wealth" into itself: "today's banking system, which controls the world"[2], itself "controlled by the Global Elite"[2].
Controls / directs
Lineage
Among the first Western bankers were the Knights Templar; then goldsmiths and fractional-reserve banking; then the House of Rothschild and the central banks[2].
Dates
1930s (Great Depression)[1]
Key events
  • 1860s: Abraham Lincoln's interest-free 'greenbacks' threaten it[3]
  • 1930s: the banks cause the Great Depression "by withdrawing money from circulation by refusing loans"[1]
  • 1963: John F. Kennedy proposes interest-free notes[1]
Author's claims · 3
  1. 01Through debt and share manipulation "the same few people have come to own all the major businesses, the media"[1].
  2. 02"The world financial system and policies of boom and bust are controlled by just thirteen people" on David Rockefeller's International Banking Commission[1].
  3. 03Working alongside the banks, "and owned by the same people, are the oil companies"[4].

Notes

  1. ↑ a b c d e f And the Truth Shall Set You Free (1995), Chapter 15: The Debt Scam (part 1).
  2. ↑ a b c And the Truth Shall Set You Free (1995), paper power (part 1).
  3. ↑ And the Truth Shall Set You Free (1995), paper power (part 1); Chapter 15: The Debt Scam (part 1).
  4. ↑ And the Truth Shall Set You Free (1995), Chapter 15: The Debt Scam (part 2).