TV News LIES

Thursday, Jan 08th

Last update08:51:27 AM GMT

You are here News Economy TAKE BACK THE POWER TO CREATE MONEY FROM THE PRIVATE BANKING INDUSTRY

TAKE BACK THE POWER TO CREATE MONEY FROM THE PRIVATE BANKING INDUSTRY

E-mail Print PDF

The Constitution states, “Congress shall have the power to coin money and regulate the value thereof.” This power has been abdicated to private bankers. Today, 99.99% of our money is created by private banks when they make loans. This includes the Federal Reserve, a private banking corporation, which orders Federal Reserve Notes to be printed, and then lends them to the U.S. government. Only coins are actually created by the government itself. Coins compose only about 1-10,000th of the M3 money supply, and Federal Reserve Notes compose about 3% of it. All of the rest is created by banks as loans, something they do by simply writing numbers into accounts.

More...


Most Recent Related Stories...


Behind on student loans? You could be losing money from paycheck.

Dept. of Ed.The federal government has officially resumed garnishing wages and withholding benefits from student loan borrowers after...

Bank of America CEO confirms Gen Z’s hiring nightmare is real: He just hired 2,000 recent grads from 200,000 applications

Brian Moynihan of Bank of AmericaBank of America CEO Brian Moynihan says the headlines about Gen Z’s fears about AI and...

Fed up: inside Trump’s unprecedented bid to exert control over the US central bank

Trump tries to control FedIn the bowels of the US Federal Reserve this summer, two of the world’s most powerful...

2 in 5 college students face food insecurity – colleges are working to help

2 in 5 college students face food insecurityThe food pantry at Penn State Harrisburg saw an uptick in students during the fall semester....
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!