Zeitgeist 2 the Movie: Addendum - Money Creation, Central Banks, and Economic Slavery
Quotes from this video
…of all the social institutions we are born in to, directed by, and conditioned upon there is no system as taken for granted and misunderstood as the monetary system. Taking on nearly religious proportions, the established monetary exists as one of the most unquestioned forms of faith there is. How money is created, the policy by which it is governed, and how it truly effects society, are unregistered interests of the great majority of the population.
“None are more hopelessly enslaved than those who falsely believe they are free.” -Johann Wolfgang von Goethe
In a world where 1% of the population owns 40% of the planets wealth; in a world where 34,000 children die every single day from poverty and preventable diseases; and where 50% of the world’s population lives on less than $2 a day… One thing is clear something is very wrong.
A number of years ago the central bank of the United States, the Federal Reserve, produced a document entitled Modern Money Mechanics. This publication detailed the institutionalized practice of money creation as utilized by the Federal Reserve and the web of global commercial banks it supports. On the opening page the document states its objective.
“The purpose of this booklet is to describe the basic process of money creation in a “fractional reserve” banking system.”It then proceeds to describe this fractional reserve process in various banking terminology. A translation of which goes something like this.
The United States government decides it needs some money. So it calls up the Federal Reserve and requests, say $10 billion dollars. The Fed replies saying sure we’ll buy $10 billion in government bonds from you. So the government takes some pieces of paper, paints some official looking designs on them, and calls them treasury bonds. Then it puts a value on these bonds to the sum of $10 billion dollars and sends them over to the Fed. In turn, the people at the Fed draw up a bunch of impressive pieces of paper themselves, only this time calling them Federal Reserve Notes, also designated a value of $10 billion dollars to the set. The Fed then takes these notes and trades them for the bonds. Once this exchange is complete the government then takes the 10 billion in Federal Reserve Notes and deposits it into a bank account, and upon this deposit the paper notes officially become legal tender money adding 10 billion to the U.S. money supply. And there it is. 10 billion in new money has been created…
…the average mathematical result is that about $90 billion dollars can be created on top of the original $10 billion. In other words for every deposit that occurs in the banking system about nine times that amount can be created out of thin air.The new money essentially steals value from existing money supply, for the total pool of money is being increased, irrespective to demand and services. And as supply and demand finds equilibrium, prices rise diminishing the purchasing power of each individual dollar. This is generally referred to as inflation, and inflation is essentially a hidden tax on the public.
…as dysfunctional and backwards as all this might seem there is still one thing we’ve omitted from this equation. And it is this element of the structure which reveals the truly fraudulent nature of the system itself, the application of interest.
$1 in 1913 required $21.60 in 2007 to match value. That is a 96% devaluation since the Federal Reserve came into existence. (96% devaluation in 94 years)
“If there were no debts in our money system, there wouldn’t be any money” -Marriner Eccles - Governor of the Federal Reserve 1941 house Committee on Banking and Currency
In fact the last time in American history the national debt was completely paid of was in 1835 after President Andrew Jackson shut down the central bank that preceded the Federal Reserve. In fact Jackson’s entire political platform essentially revolved around his commitment to shut down the central banks, stating at one point
“The bold efforts the present bank has made to control the Government… are but premonitions of the fate that awaits the American people should they be deluded into a perpetuation of this institution, or the establishment of another like it.” -Andrew Jackson
Unfortunately his message was short lived and the international bankers succeeded to install another central bank in 1913, The Federal Reserve. And as long as this institution exists, perpetual debt is guaranteed.
When the government borrows money from the Fed, or when a person borrows money from the bank, it almost always has to be paid back with accrued interest. In other words, almost every single dollar that exists must be eventually returned to a bank with interest paid as well. But if all money is borrowed from the central bank, and is expanded by commercial banks through loans, only what would be referred to as the principal is being created in the money supply. So then where is the money to cover all of the interest that is charged? Nowhere; It doesn’t exist. The ramifications for this are staggering for the amount of money owed back to the banks will always exceed the amount of money available in circulation. This is why inflation is a constant in the economy, for new money is always needed to help cover the perpetual deficit built in to the system caused by the need to pay the interest. What this also means is that mathematically defaults and bankruptcy are literally built into the system, and there will always be poor pockets of society that get the short end of the stick.
During the American Civil War, President Lincoln bypassed the high interest loans offered by the European banks, and decided to do what the founding fathers advocated, which was to create an independent and inherently debt free currency. It was called the Greenback. Shortly after this measure was taken, an internal document circulated between private British and American banking interests. Stated: “Slavery is but the owning of labor and carries with it the care of the laborers, while the European plan… is that capital shall control labor by controlling wages. This can be done by controlling the money. It will not do to allow the Greenback… as we cannot control that.” The Hazard Circular July 1862
The fractional reserve policy perpetrated by the Federal Reserve, which has spread in practice to the great majority of banks in the world, is in fact a system of modern slavery.
Think about it. Money is created out of debt. And what do people do when they are in debt? They submit to employment to pay it off. But if money can only be created out of loans, how can society ever be debt free? It can’t. And that’s the point.
Physical slavery requires people to be housed and fed. Economic slavery required people to feed and house themselves. It is one of the most ingenious scams for social manipulation ever created, and at its core it is an invisible war against the population. Debt is the weapon used to conquer and enslave societies, and interest is its prime ammunition. And, as the majority walks around oblivious to this reality, the banks, in collusion with governments and corporations, continue to perfect and expand their tactics of economic warfare…
“The truth is, there is no Islamic army or terrorist group called Al Qaida. And any informed intelligence officer knows this. But there is a propaganda campaign to make the public believe in the presence of an identified entity…The country behind this propaganda is the U.S.” -Robin Cook - Former British Foreign Secretary
This process of manipulation by the corporatocracy, through the use of debt, bribery, and political overthrow, is called globalization. Just as the Federal Reserve keeps the public in a position of indentured servitude through perpetual debt, inflation, and interest, the World Bank and IMF serve this role on a global scale. The basic scam is simple. Put a country in debt, either by its own indiscretion or through corrupting the leader of that country. Then impose conditionalities or “structural adjustment policies”…
…and as protective trade barriers are broken down, currencies tossed together and manipulated in floating markets, and state economies overturned in favor of open competition and global capitalism, the empire expands.
The world is being taken over by a handful of business powers, who dominate the natural resources we need to live while controlling the money we need to obtain these resources. The end result will be world monopoly. Based not on human life, but on financial and corporate power. And as the inequality grows, naturally, more and more people are becoming desperate. So the establishment was forced to come up with a new way to deal with anyone who challenge the system. So they gave birth to the terrorists. The term terrorist is an empty distinction designed for any person or group who chooses to challenge the establishment. This isn’t to be confused with the fictional Al-Qaeda, which was actually the name of a computer database of the U.S. supported Mujahideen in the 1980s. In 2007 the Department of Defense received $161.8 billion dollars for the so-called global war on terrorism. According to the National Counter Terrorism Center in 2004 roughly 2,000 people were killed internationally due to supposed terrorist acts. Of that number, 70 were American. Using this number as a general average, which is extremely generous, it is interesting to note that twice as many people die from peanut allergies per year than from terrorist acts. Concurrently, the leading cause of death in America is coronary heart disease, killing roughly 450,000 each year. And in 2007 the governments allocation of funds for research on this issue was about $3 billion dollars. This means that the U.S. Government, in 2007, spent 54 times the amount for preventing terrorism, than it spent for preventing a disease kills 6,600 times more people annually than terrorism does.

(50 votes, average: 4.2 out of 5)









October 14th, 2008 at 10:46 am
not as emotionally charged as the first film but it does end with a very uplifting and positive message whereas the first one ZEITGEIST, The Movie kind of left me feeling like I’d been PUNCHED IN THE HEAD .THESE FILMS SHOULD BE ON EVERY SCHOOL CIRICULUM
November 3rd, 2008 at 4:31 am
hi. My name’s raeven. The first Zeitgiest opened my eyes, thank you. i watched it when it first came out a year ago. I’ve told all whoi i can about it. but i do need more help, i need help because more people need to know, but they’re all so caughtup in this game that you speak of. this zeitgiest, part two, has motivated me. i would like to do something. i need to do something. i don’t want to just sit here and let the corporations take my life over, the like of my brothers and sisters, who now i’m noticiing belong to a sad generation controlled by television and video games, they’re only 10, 8, two are 6, one’s 5 and the other was just born last month, and sadly enough i’m sure she’ll be corrupted just as the others have, unless there is significant change.
this summer i’ve met many people who see what i see, see what you’re saying, and believe in it. But, at the same time, they to have been brainwashed to believe that even though, we know, we can’t do anything, because they’re too powerfull. what about the people. can’t we spread it to the people. they can’t kill all of us. they can’t kill every single person who wants them gone, who wants change, who wants freedom, not an authoritarion dystopia, which is what i try my hardest to fight against every single day.
i’m only 16 years old, but i’m prepared to dedicate my life to change, in way of peace, empathy, sympathy, compassion, which is opposite of the dytopiate bastards.
thanks you for your time and efforts, and i would appriciate hearing back from on how i may help out in my community, because i believe.
thank you
love-
raeven ramirez