by Kristie Wilkins

Created on: July 25, 2008   Last Updated: November 28, 2010

Economics, a social science that is primarily concerned with the description and analysis of the production, consumption, and distribution of goods and services, considers money to be: a broad term that refers to any instrument that can be used in the resolution of debt. Odd, if money is something that is produced to resolve our debt, why are we, and our government still in debt? The answer to this is something that the public was never intended to find out because it is the "goal" to keep us ignorant and working. The answer? The central bank.

A Central bank is an institution that produces the currency for an entire country, with two inherit powers: 1) control of interest rates and 2) control of the money supply, or inflation. On top of all that, the Central bank does not merely supply money to a government's economy, it loans the money, with interest rates. Then the Central bank, through the use of decreasing and increasing the supply of money, regulates the value of the currency being issued. The only thing that this structure produces? DEBT.

For every single dollar produced, the Central bank loans, at interest. That means, every dollar produced is that dollar plus 'X' percent of debt based on that dollar. And seeing as the Central bank has a monopoly over the production of currency for an entire country, and the money they loan out has immediate debt accompanying it, where do we get the money to pay for the debt? From the Central bank, again. So, the Central bank has to continuously increase money supply to temporarily cover debt created, which, since they are producing money with debt to cover debt, creates more debt. Putting our government and the public blindly into slavery, for it is impossible for the government and it's public to ever come out of this self generated debt. Who is our central bank? The Federal Reserve.

If you're thinking as you're reading this, hopefully you question why there is a Federal Reserve. Signed in 1913, the Federal Reserve was brought upon by four powerhouses of the banking business world of the early 1900's: Rockefeller, Rothschild, Morgan, and Warburg, all looking for more power. They sought for legislation to create another central bank, but they knew that the government and public would be weary about this, considering the problems that our country had early on with the Central Bank or England.

Morgan created and publicized a rumor that a large bank in New York was bankrupt, knowing this would, and did, create mass hysteria.

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