Page 64 - TrumpsEconEra_Flat

Chapter 2: The Key Players

Societies need a hierarchy to maintain order; the
first entity is the central bank and not the federal
government. As proof, we only need to consider the
Federal Reserve. Despite calls from Congress to audit
the Fed, the Fed has refused to open its books to
anyone. Private bankers control our money supply, not
governments. The Federal Reserve is a part of a world
banking cartel. A cartel is an international syndicate
whose members agree on output and prices.

Violating agreements to gain an advantage over
other members is always a problem. Unless there is
some way to coerce the members to cooperate,
eventually someone will cheat. The solution to cheating
is for the members to partner with their respective
governments and pass the cartel agreement into law.
The government gains because it can hide behind the
central bank.

This arrangement benefits the central bankers
because it puts the central bank in a position to write the
rules. Now the government can no longer create money,
but it must borrow from the central bank; the Fed than
monetizes the debt and charges the federal government
interest.

Because cash is an obstacle to the New World
Order, its goal is to establish a universal virtual
currency. In a cashless society, people can only buy
and sell digitally where money is bits and bytes on a
computer. India has declared that 90% of its paper
money will no longer be legal tender. The European
central bank has stated that it will stop printing high-
valued notes. Denmark is the first country to ban cash
and Venezuela outlawed almost half of its currency.
Canada and Singapore have phased out their large

-63-