The Constitution states, “Congress shall have the power to coin money and regulate the value thereof.” This power has been abdicated to private bankers. Today, 99.99% of our money is created by private banks when they make loans. This includes the Federal Reserve, a private banking corporation, which orders Federal Reserve Notes to be printed, and then lends them to the U.S. government. Only coins are actually created by the government itself. Coins compose only about 1-10,000th of the M3 money supply, and Federal Reserve Notes compose about 3% of it. All of the rest is created by banks as loans, something they do by simply writing numbers into accounts.
TAKE BACK THE POWER TO CREATE MONEY FROM THE PRIVATE BANKING INDUSTRY
Federal Reserve chair Jerome Powell said earlier this morning that the central bank would likely have...
Procter & Gamble will cut up to 7,000 jobs, or approximately 6% of its global workforce,...
