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Analyst's note:  Absolutely must read.  You will not want to miss this exclusive interview.

 

"[....] Ed Griffin has fought for freedom throughout his life and his trenchant criticisms of the increasingly authoritarian nature of the world today are more pertinent than ever. When Ed Griffin published his ground-breaking book The Creature From Jekyll Island, most people had never even heard of the Federal Reserve, much less understood its function. Today, the Internet is filled with questions about a globalist banking facility that operates privately under the color of Congressional law with a mandate to print as much money from nothing as necessary to support the questionable activities of the power elite.

Central banks fix the price of money. It's that simple. Ed Griffin turns out to have been correct. There is no defense for the function they perform. Every price-fix is a marketplace distortion. Every marketplace distortion removes wealth from its rightful owner and places it in less responsible hands. Repeat over enough time and you end up with recessions, depressions and ultimately worldwide economics crises such as the one occurring now.

Better to return to marketplace money – or at least allow such money to circulate within a competitive environment of numerous monetary systems. We are on record as preferring gold and silver, which circulate in a metals-based money economy within parameters of supply and demand.

Too much gold and silver circulate and the value of money begins to decline. As little and the value rises. As the value rises, mines open back up and hoarders dishoard. It is a marketplace phenomenon that allows the market itself to govern the money supply.

In our current central banking based system, there is no governor on how much money central banks can print. The Federal Reserve is the worst offender when it comes to money printing because it can print the most with the least amount of consequences. This is because the US operates the world's currency reserve system.

The currency reserve system is actually called the "dollar reserve system." The system is propped up by Saudi Arabian sheiks that have been instructed that they must only exchange their oil for dollars. This makes the dollar the most important currency on the planet and allows the Fed to print virtually as much currency as the US needs because other countries must hold dollars to buy oil.

Much of the money that the US prints is recycled into weapons systems and bases around the world. This military predominance intimidates other countries and guarantees that the dollar remains the currency of choice for oil purchases. Thus is it that the world's economic system is held hostage to American military might. The world, essentially, is paying for the privilege of being held hostage this way.

Ironically, over the past decade, the Fed in particular has so abused its money printing power (in support of America's questionable wars) that other countries are trying to find a substitute for the dollar. The Internet in particular has contributed to a better understanding of how the world's monetary system really works. As this understanding continues to expand, worldwide, there are numerous alternatives being discussed to the dollar reserve system.

Many of the discussions involving a new currency trend toward international currency baskets. There is the suspicion therefore that the Western elites that control the dollar reserve currency have purposefully debased the currency in order to implement a global monetary system. Time will tell whether this suspicion is true or not.

What is certainly true is that central banking and especially the activities of the Federal Reserve are under significant attack on the Internet and even politically by certain segments of political process in America and abroad. This process, abetted by the Internet and the current financial crisis, began nearly 30 years ago with the groundbreaking publication of Ed Griffin's critique of the Fed, "The Creature From Jekyll Island." History will record the growing impact of this book. It already does."

 

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