You are on page 1of 3

THEFT OF VALUE CREATED ONLY BY THE LABOR OF THE MASSES, FROM THE MASSES VIA

FRACTIONAL RESERVE BANKING AND DEBT BASED FIAT MONEY

All value is created only by the labor of the masses
Nothing, including land, gems, gold and silver has any value until labor is or can be applied to them
Banks and governments create no value
Before money, all trade was done by barter
Gold and silver were convenient commodities to barter
People began storing their gold with blacksmiths for safety, security and convenience.
The blacksmiths would give receipts to persons who deposited gold and silver with them.
The blacksmiths customers came back and redeem the receipts for gold and silver as necessary for trading
Overtime, people began to exchange the blacksmiths receipts, rather than the actual physical gold or silver (aka
The concept of money was created because it was safer and more convenient than bartering
The US Constitution requires US money to be back by specie (gold, silver, etc)
The US Dollar is no longer backed by specie and is now simply fiat money
As the US Dollar is no longer backed by specie,the value of the US Dollar is equal to the [Gross Domestic Product
plus the value of the land (Lets call this number X)+ divided by the number of US Dollars in circulation.
AFFECT ON THE VALUE OF THE DOLLAR: VALUE OF THE DOLLAR WHEN ONLY GOVERNMENT CREATED DOLLARS IN
CIRCULATION VERSUS WHEN FRACTIONAL RESERVE BANKING CREATED DOLLARS ARE INTRODUCED INTO CIRCULATION
The Spheres represent X, where X = Gross Domestic Product plus the value of US Land
To simplify our illustration, our government will only create 8 Dollars while Fractional Reserve Banking will create 8 more Dollars.
And, lets have the value X remain constant. The effect on the Dollars value remains true when we use the actual numbers.

Think of X as a pizza. I tell you I am going to pay you for your labor with one slice of Pizza from the first Pizza Pie. Then, after I
have paid you, I tell you I made a mistake and I need that original slice back. I then divide that first pizza into 16 slices instead of 8.
And then I hand you back the smaller slice. You complain, but I insist a slice is a slice and I have given you a slice. I keep the other
half of your original slice for myself. Fractional Reserve Banking does this with every dollar in your pocket, except they dont have
to ask you to return the dollars already in your pocket and the physical size of the dollars already in your pocket remains the
same; despite being reduced in value. Half of the slices in the 16 slice pie were created by and belong to the Fractional Reserve
Banking Institutions. This is the Value created only by the labor of the masses, that was stolen from the masses and now belongs
to the Fractional Reserve Banking Institutions. In our example, the Banks steal half the Value of X. I believe this understates the
amount of value stolen from rank and file Americans; Value only created by the labor of the masses.

CLEARLY, THE VALUE FOR THE DOLLARS THE FRACTION RESERVE BANKING INSTITUTIONS CREATE IS STOLEN FROM THE
GOVERNMENT DOLLARS IN EXISTENCE(AND IN YOUR POCKET) IN OTHER WORDS, THOUGH IT LOOK LIKE FRACTIONAL RESERVE
BANKING CREATES MORE DOLLARS, IT ACTUALLY STEALS VALUE CREATED ONLY BY THE LABOR OF THE MASSES, FROM THE
MASSES. INFLATION IS ACTUALLY POLITICALLY CORRECT FOR DEVALUATION OF THE DOLLAR
[Sources: Boundless. Example Transactions Showing How a Bank Can Create Money. Boundless, 14, Nov. 2014. Restrieved 29, Dec. 2014 from
http://bit.ly/1wvrIBe [See also Education Portal: Money Multiplier: Definitions, Formula & Quiz from http://bit.ly/1A3yIdm. Wikipedia: Money Multiplier
from http://bit.ly/1D29m0p. Khan Academy: Banking 4: Multiplier effect and the money supply from video http://bit.ly/1tcVScs ]

AFFECT OF DEBT BASED MONEY ON THE VALUE OF THE9 US DOLLAR

President Woodrow Wilson, the Progressive Federal Reserve *Banking+ System (hereafter the FED) became
the law of the land. The Federal Reserve Bank is a privately owned bank. While there are other issues with the, this article will
focus on the Debt Based Nature of the monetary system it created. Quite simply, the Law creates a debt by the US Government to
this privately owned FEDeral Reserve Bank that can never be paid off.
In 1913 under Progressive

Most of us have heard of the Magic of Compounding Interest as a sales pitch for personally saving money. But WE THE PEOPLE
are on the wrong side of the magic an this accelerating debt owed to the privately owned FED that can never be paid off. This
illustration graphically shows the accelerating accumulation of this debt in this 101st year of this crime of forcing WE THE PEOPLE
to borrow our own money from the privately owned FED.
This 1913 FED Law provides for
the money that the Constitution
requires only Congress can
create, to be given to the FED
and the US Government give the
FED interest bearing bonds to
get the money back from the
FED. Why is our Government
paying interest to a private bank
to get back the money only
Congress can print. (The answer
is there is no good reason and
this is the criminal and/or
treasonous part of this crime.
To provide a simple example, we
again are going to use small,
whole numbers. Let us say in
year one, our government wants
the total Dollars created by Government (in general circulation) to be \$100.00. The Mint and/or Bureau of Engraving, Coin and/or
Print this money and, pursuant to the 1913 Law, give it to the FED. The Government now must issue an interest bearing bond
(Treasury Bill) to the FED to get the \$100.00 back from the FED. (Now bond terms generally run from 2 to 30 years with interest
rates ranging from .01% to 20%) For our example, we will use 5% as the interest rate and a term of 1 year. After 1 year, WE THE
PEOPLE owe the privately owned FED as follows:
Year 1 (1914) \$105.00 is owed to the privately owned FED, but there is only \$100 in circulation, so where does the other
\$5 come from to pay the \$105.00. The Government must have Congress print at least \$5.00 more, give it to the Private
FED, and borrow that \$5.00 back at 5% interest. And, if the Government wants to keep at least \$100 Government created
dollars in general circulation, the government must another have Congress print at least another \$100.000, give to the Fed
and borrow it back at 5% interest. So after 1 year, government had to have Congress create, the privately owned Fed
receive and then have the government borrow back \$105.00 at 5% interest. (Keep in mind the Private FED Bank owners
still have the \$105.00 in their pockets)

At the end of year two, the Government owes the privately owned FED, \$110.25 but there are only \$100.00 government
created dollars in circulation. Therefore, this second year to maintain \$100 in government created money in circulation;
the Government must have Congress print/coin \$110.25, give it to the privately owned FED and borrow it back from FED
at 5% interest. (Keep in mind the Private FED Bank owners still have the \$105.00 from last year, plus the \$110.25 from this
year(= \$215.25), in their pockets)
At the end of year three, to keep the supply of Government created money at \$100.00, Congress must print/coin \$115.76,
give it to the private FED and borrow it back again. (Keep in mind the Private FED Bank owners now have \$105.00 from
year one, plus \$110.15 from year two, plus \$115.76 from year 3, still in their pockets.
From this trend, it is plain that the 1913 FED legislation creates a debt to a private bank that the government aka WE THE PEOPLE
can never pay off. (This constitutes involuntary servitude expressly prohibited by the 13th Amendment.) This, in and of itself, is
criminal and treasonous.
Now, before I make my next point, I have to address this side note. The private FED Banksters are going try to put you off their
criminal trail by asserting some profit sharing scheme with the government. Their duplicity happens here: PROFIT = INCOME
MINUS EXPENSES. Ergo, what the Banksters state is their Profit is what is left after they expense all of their campaign
contributions, bribes and other consideration to politicians and government officials. Other consideration to politicians and
government officials can be paying for mistresses condos, bar tabs for booze and strippers, and/or nepotism in the form of do
nothing jobs for the nephews and nieces of politicians, for example. And do you not think this private FED Banksters also expense
out jobs to their own relatives, costs of their own mistresses, bar tabs and strippers. This is why the private FED Banksters wont
allow the FED to be audited and why Congress lets the FED to refuse to be audited! All this unearned income allows the private
FED Banksters to buy off our politicians and government officials so they no longer act in the best interests of WE THE PEOPLE.
Let me issue and control a nation's money and I care not who writes the
laws. Mayer Amschel Rothschild (1744-1812)
Now we return to X = Gross Domestic Product plus the value of US Land.
The Circle in the illustration represents X And the Value of the Dollar = X
divided by the number of total dollars in circulation. Previously, this writer
distinguished between Government created Dollars in general circulation and
those in the pockets of the private banksters via this 1913 criminal FED scheme.
The fact of the matter is the private banksters and their relatives are also out in
the American Economy spending they acquire in this criminal conspiracy that
started in 1913. All those Fiat Dollars our government prints to pay the debt
created by the 1913 FED law get their value in much the same way the Dollars
created by the Fractional Reserve Bankers do; buy stealing value from the
Dollars already in existence. In other words by stealing value created only by the
labor of the masses, from the masses. This is a clear violation of Natural Property Rights.
"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
THIS CRIMINAL CONSPIRACY THAT ORIGINATED IN 1913 IS WHERE THE DAYS OF ONE PERSON WORKING 40 HOURS PER WEEK
TO SUPPORT A FAMILY OF FOUR OR FIVE WENT. IF YOU WANT TO RETURN TO THOSE DAYS, WE MUST REFORM FRACTIONAL
RESERVE BANKING AND DISMANTLE THE 1913 FEDERAL RESERVE (BANKING) SYSTEM LAWS.
THESE ARE THE SECRETS BANKSTERS KILL OVER: It is likely President John F. Kennedy was assassinated for reasons related to the issues asserted in
this document http://nstarzone.com/JFK.html. Minnesota Judge Mahoney was killed for ruling in a manner consistent with this writers assertions that
Fractional Reserve Banking creates money out of thin air http://www.constitutionalconcepts.org/creditriver.htm