The Goldsmiths—Part LXXXIV
June 4, 2009 by goldguru · Leave a Comment
By R. D. Bradshaw, GoldSeek
Though Eisenhower was a bought and paid for president, as has been true with all of them since 1912, he did have brains enough to state that the Federal Reserve Bank was an “independent” agency not under the control of the US president. This was a true statement because the Fed is not a part of the US government. It is actually owned by and subject to the control of the big banks and big bankers—a sinister Cabal led by the European House of Rothschild.
Yet, there is a powerful linkage between the two separate entities. It arises in the reality that both the US government and the Federal Reserve Bank are controlled and directed by the same source of power—the super rich plutocrats who essentially are dynastic wealthy banking families linked together in secrecy, conspiracy and intrigue to rule the world using money as their tool and method of power and control.
So while the Fed and the government are supposedly separate entities, they do and have come together since 1913 to achieve the common goals and objectives of their secret, behind-the-scenes rulers.
Once the Fed came into being, the Fed and US government, through its Treasury Department, have typically worked together to promote inflation and a growing economy. The reason is because inflation steals money, wealth and assets from most of the population to transfer them to a segment of the population which understands how the game is played and is able to comprehend the role of inflation to bring supposed prosperity to the nation. Thus, inflation becomes a way of life which almost all of the people accept and go along with despite its ultimate, ugly, destructive nature (after all, it destroys savings and prudent people who do try to save for their own retirement and future needs).
So while the super rich bankers (who are the secret owners and controllers of the US money system, consisting of the Fed and Treasury) have chosen to generally encourage the government to spend money (to keep the government and nation in perpetual debt to the bankers), they have periodically imposed recessions and depressions in America which actually cause some deflation or at least a roll back in the rate of inflation.
