Aleksey Muratov - CWT Ideology

to lend his gold at an interest. He used his own and the

stored gold of the merchants and townspeople, who kept it

for safekeeping. But since everyone never come at the same

time, this business grew rapidly. The ability to give loans

was limited only by the amount of gold in the safe. Then

the bankers came up with an even more daring idea. Since

they were the only ones who knew how much gold was in

the safe they could issue obligatory bills for gold that they

did not have. If all the investors would never come at the

same time to collect, then who would find out? They figured

out how to make money out of thin air. This was the origin

of the phrase “to make money out of thin air”. Jewelers

who realized how to make money out of thin air are today’s

bankers.

That principle became the ground of the existing

financial system that began to take shape about 400 years

ago. Bankers began to lend to governments, who used that

money to wage wars of conquest, and to merchants, who

conducted “business” by exploiting new territories. Since

the governments depended on the banks’s money, they not

only allowed them to make money out of thin air but also

legitimized this process by skewing the ratio making it 9

to 1. Today this is called a “fractional reserve” system.

Today this works in most of the worlds banks and

accepted as a part of the banking philosophy. For example,

if you deposit $1000 into an account, the bank can then

turn around and lend someone else $10,000 in the form

of credit based on this fractional reserve system – legally

creating money out of thin air.

The first major state endorsement of this financial fraud was

the Bank of England in 1694. That institution was as a result of

the so-called transaction between a nearly bankrupt government

and a group of financiers. The bank was private and so the state

gave it the official title and the right to issue money. The King

of England was in great need of money for the war with France

and willingly agreed to give the bankers this national title and

get the loans he needed.

In the 1690s the banking system of England included

lending bankers, who provided loans out of borrowed funds,

and jewelers receiving gold for deposits and extending loans

as well. Bankers realized that the power over money might

well result in unlimited opportunities. In a couple of centuries

the British Empire became a leading world power due to the

relentless colonization of other peoples and continents.

In 1913 the next leader emerged surpassing the Bank of England

in the scale and scope of using this fraudulent system. This was the

Federal Reserve (FRS) of the United States. But the Federal Reserve

was not a governmental organization. It was a private enterprise

made up of bankers, a joint stock company established by 12 Federal

Reserve banks, which in turn had been created by commercial banks.

The FRS operates as a private bank. The US government issues bonds

to procure the “national currency” and the FRS prints bank notes and

lends them to the state through the sale of the bonds. The state buys the

bonds and the money returns to the FRS with interest.

Thus, the main objective of the FRS was its income through

seignior age – the difference between the face value of the bank

notes and the cost of their production. For example, if a hundreddollar

banknote costs 10 cents to make, the seigniorage will be

99 dollars 90 cents. Like the Bank of England, the FRS is not

part of the state.

The third US President Thomas Jefferson (1772—1782)

said: “Banking institutions are more dangerous to our

liberties then standing armies. If the American people ever

allow private banks to control the issue of their currency, first

by inflation, then by deflation, the banks and corporations

that will develop around them will deprive the people of all

property until their children wake up homeless in the country

their fathers built”.

Deception, fraud and racketeering are the modus operandi

of the bankers. You’ve heard of names like Rothschild and

Rockefeller. What do they have in common? They both became

rich and powerful using these unfair and corrupt methods and

the law never stopped them as they achieved their goals.

During the great Anglo-French battle of Waterloo in 1815 the

London Stock Exchange was thrown into disorder. If Napoleon

won, the market would be ruined, but if he lost, the market would

be enriched. Rothschild saw this battle as an opportunity to make a

fortune for himself. Using messenger pigeons and signals from boats

along the English Channel he was the first to learn that Napoleon

lost. He quickly spread false information that Napoleon had won to

the London Stock Exchange. He started selling his shares with others

following him and the price of securities went spriraling downward.

Rothschild and his partners, knowing that England had

actually won, bought all the shares for a pittance. A day later,

when the London Stock Exchange learnt about the victory of

England, those shares skyrocketed and were worth a fortune.

Nathan Rothschild earned 40 million pounds on this information

flip. This fraud went down in history as one of many examples

showing the impropriety bankers and their principles.

Rothschild Rockefeller

Rothschild was a great deceiver, however Rockefeller often

used openly criminal methods for doing business ruining the

businesses of his competitors. His criminal infamy reached such

a level that mothers used his name to frighten their misbehaving

children.

The ability to print money without constraint is the dream

of any financier allowing him or her to print as much he desires.

This large supply of money was used to seize the treasures and

resources of others from around the world. Millions were robbed

of the opportunity to share the wealth of the world. The Federal

Reserve engaged in the bribing of politicians, the take-over of

competition and the buying of entire governments in order to

strengthen its position. And in order to protect its position it

financed the world’s strongest army, that of the United States of

America.

What does an ambitious entrepreneur do if he can obtain

a surplus of money? He expands his business. And that is

what the bankers did. In order to increase their earnings

they began to give out loans. This also began to happen

on a governmental level giving out massive loans to build

up armies through the sale of arms and pitting one country

against the other. This led to the destruction of countries,

which gave the banks the opportunity to turn around and

begin giving loans for the rebuilding of these countries, and

the cycle repeated itself. The First and Second World Wars

were examples of this scenario.

Shortly after the FRS was established, the First World

War began. It culminated in the collapse of two currencies

secured with gold – the Russian ruble and the German mark.

However, many American businessmen opposed the bankers

and realized the real motives of the financial robber barons.

In 1929 the Great Depression began. The discount rate of

the FRS suddenly increased and almost half the money

supply was withdrawn from the economy making the credit

cost skyrocket.

Companies that relied on credit went bankrupt and