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The Soon Coming Judgment Of God Upon America and How To Escape It                293
Chapter 11
The Federal Reserve:
The Funding Mechanism Behind The World's Misery
…the powers of financial capitalism [the Global Socialist seeking a one
world government largely made up of International Bankers and the Federal
Reserve Banks] had another far reaching aim, nothing less than to create a world
system of financial control in private hands, able to dominate the political system
of each country and the economy of the world as a whole.
1180
Carroll Quigley (Friend and Professor of President Bill Clinton) in Tragedy
and Hope.
There are few historians who would challenge the fact that the funding of
World War I, World War II, the Korean War, and the Vietnam War was
accomplished by the Mandrake Mechanism through the Federal Reserve System.
An overview of all wars since the establishment of the bank of England in 1694—
including the American War between the States… suggests that most of them
would have been greatly reduced in severity, or perhaps not even fought at all
without fiat money (paper money with no gold or silver backing).
1181
G. Edward Griffin, The Creature From Jekyll Island
The Federal Reserve issues the currency in the US and controls the money supply. It is
not part of the US government, it is a private bank. The Federal Reserve was authorized by
Congress in 1913. The Federal Reserve (Fed) has authority over US monetary policy, the US
money supply, and US interest rates. The Fed's authority over the money supply gives it the
ability to create money. Through these the Fed controls inflation and largely the US economy as
well. The Fed is also responsible for selling US Treasury notes and bonds to finance the federal
debt. This Federal Reserve system enables the US to engage in huge deficit spending; it allows
the federal government to spend money it doesn't have. The deficit spending made possible by
the Fed has financed all the US evil schemes around the world which has included coups,
population control, wars and the quest for a NWO.
Through deficit spending the US has given grants and loans to corrupt governments
around the world. It has funded wars, the CIA and secret government black projects. Deficit
spending has funded the population control agenda which has included the funding of abortion
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