the goldsmith’s tale (video)

 

The Invention of Money, Banking, and Fractional Reserve Lending

Fiat currency, or debt-based currency, is a powerful tool of enslavement.  We are taught that money is used to represent assets stored in banks, and that may have been how it first developed, but then criminal minds dreamed up all kinds of ways to corrupt the system and steal for themselves.  Privately owned banks were just the beginning.  Modern securities fraud, derivatives trading, stock market and commodities market manipulation, interest-rate swaps, and many other schemes are so intricate that it’s hard to define where one type of corruption ends and another begins.

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