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Money: Central Banks / Federal Reserve

Quotes

“Money is the key link which will transform economic union into a political union. Take the central bank to a supra-national level and the national balance of powers collapses...” (Lionel Stoleru)

“I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow the banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children will wake up homeless on the continent their fathers occupied. The issuing power of money should be taken from the banks and restored to Congress and the people to whom it belongs.” (Thomas Jefferson, this indignant protest can be heard today across the vista of two whole centuries Letter to the Secretary of the Treasury Albert Gallatin, 1802.)

“We are overdone with banking institutions, which have banished the precious metals, and substituted a more fluctuating and unsafe medium.... These have withdrawn capital from useful improvements and employments to nourish idleness.... [These] are evils more easily to be deplored than remedied.” (Thomas Jefferson, Writings of Thomas Jefferson, 12:379-80.)

“Give me control over a nation's currency, and I care not who makes the laws.” (Baron Mayer Amschel Rothschild)

“The real menace of our republic is the invisible government which, like a giant octopus, sprawls its slimy length over our city, state and nation. At the head is a small groups of banking houses generally referred to as ‘international bankers.’ This little coterie of powerful international bankers virtually run our government for their own selfish ends.” (New York City Mayor John F. Hylan, March 26, 1922.)

“The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences.” (Georgetown University Professor Carroll Quigley, Tragedy and Hope, p. 324. 1966.)

“The bold effort the present bank has made to control the government, the distress it had wantonly produced...are but premonitions of the fate that awaits the American people should they be deluded into a perpetuation of this institution or the establishment of another like it.” (President Andrew Jackson, warning the American people after he abolished the privately controlled central bank, the Bank of the United States. We now have another privately controlled central bank known as the Federal Reserve The Federal Reserve System, The New American, p. 31.)

“[T]here was an occasion, near the close of 1910, when I was as secretive—indeed, as furtive—as any conspirator....I do not feel it is any exaggeration to speak of our secret expedition to Jekyll Island as the occasion of the actual conception of what eventually became the Federal Reserve System.…We were told to leave our last names behind us. We were told, further, that we should avoid dining together on the night of our departure. We were instructed to come one at a time and as unobtrusively as possible to the railroad terminal on the New Jersy littoral of the Hudson, where Senator Aldrich's private car would be in readiness, attached to the rear end of a train for the South.…Once aboard the private car we began to observe the taboo that had been fixed on last names.…Discovery, we knew, simply must not happen, or else all our time and effort would be wasted.” (Frank Vanderlip, twenty-five years after the meeting on Jekyll Island, Georgia conspiring to establish the Federal Reserve in the U.S. Farm Boy to Financier, Saturday Evening Post, pp. 25, 70. February 9, 1935.)

“This Act establishes the most gigantic trust on earth.…When the President signs this Act, the invisible government by the Money Power, proven to exist by the Money Trust Investigation, will be legalized.…The money power overawes the legislative and executive forces of the Nation and of the States. I have seen these forces exerted during the different stages of this bill.…” (Congressman Charles A. Lindbergh, referring to the act which established the Federal Reserve. Congressional Record, Vol. 51, p. 1446. December 22, 1913.)

“The new law will create inflation whenever the trusts want inflation. From now on depressions will be scientifically created.” (Congressman Charles A. Lindbergh, after the passage of the Federal Reserve act 1913.)

“When the Federal Reserve Act was passed, the people of these United States did not perceive that a world banking system was being set up here. A super-state controlled by international bankers and industrialists acting together to enslave the world for their own pleasure. Every effort has been made by the Fed to conceal its powers but the truth is—the Fed has usurped the government.” (Congressman Louis McFadden, The Unseen Hand, p. 182.)

“The new law will create inflation whenever the trusts want inflation. It may not do so immediately, but the trusts want a period of inflation, because all the stocks they hold have gone down... Now, if the trusts can get another period of inflation, they figure they can unload the stocks on the people at high prices during the excitement and then bring on a panic and but them back at low prices.…The people may not know it immediately, but the day of reckoning is only a few years removed.” (Congressman Charles A. Lindbergh, referring to the Federal Reserve act, Congressman Lindbergh stated this a few years prior to the stock market crash in 1929 which ushered in the Great Depression Congressional Record, Vol. 51, p. 1446. December 22, 1913.)

“We are completely saddled and bridled, and…the bank is so firmly mounted on us that we must go where [it] will guide.” (Thomas Jefferson, Writings of Thomas Jefferson, 9:337-338.)

“The millions of working families of America are now indebted to the few thousand banking families for twice the assessed value of the entire United States. And these Banking families obtained that debt against us for the cost of paper, ink, and bookkeeping!” (Des Griffin Descent Into Slavery, p. 284.)

“You are a den of vipers! I intend to rout you out, and by the Eternal God, I will rout you out. If the people only understood the rank injustice of our money and banking system, there would be a revolution by morning.” (President Andrew Jackson, 1834.)

“The refusal of King George to allow the colonies to operate an honest money system, which freed the ordinary man from clutches of the money manipulators was probably the prime cause of the revolution.” (Benjamin Franklin)

“I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the civilized world. No longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men.” (President Woodrow Wilson, a few years before his death in reference to the Federal Reserve act of 1913, which he signed into law. The American Mercury‎, p. 56. 1919.)

“Under the Federal Reserve Act, panics are scientifically created. The present panic is the first scientific one, worked out as we figure a mathematical equation.” (Congressman Charles A. Lindbergh, The Economic Pinch, 1921.)

“We are grateful to the Washington Post, the New York Times, Time Magazine and other great publications whose directors have attended our meetings and respected their promises of discretion for almost forty years. It would have been impossible for us to develop our plan for the world if we had been subjected to the lights of publicity during those years. But, the world is more sophisticated and prepared to march towards a world government. The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national determination practiced in past centuries.” (David Rockefeller, speaking at the June 1991, Bilderberg meeting in Baden-Baden, Germany June 1991.)

“Mr. Chairman, when the Fed was passed, the people of these United States did not perceive that a world system was being set up here...and that this country was to supply the financial power to an international superstate.” (Congressman Louis McFadden, Hearings by United States. Congress. House. Committee on Rules, June 10, 1932.)

“Marxism represents a further vital and creative stage in the maturing of man's universal vision…The nation-state is gradually yielding its sovereignty…More intensive efforts to shape a new world monetary structure will have to be undertaken.” (Zbigniew Kazimierz Brzezinski, Between Two Ages: America's Role in the Technetronic Era, p. 72-300. 1970.)