For those interested in the history of how the “Money Changers” have repeatedly wrested back control of the money printing over the years I recommend you read this link. Ignore the religious overtones and simply work down the main part that highlights all the key historical figures, kings, queens, notable figures etc who have played their part.
Here we are in the year 2016 and yet this money war is still going on. The “people” are still being exploited by those in control of the money and will continue to be until the next revolution or “change” in that situation.
Some extracts:
1764 - Benjamin Franklin is asked by officials of the Bank of England to explain the prosperity of the colonies in America.
“That is simple. In the Colonies we issue our own money. It is called Colonial Scrip. We issue it in proper proportion to the demands of trade and industry to make the products pass easily from the producers to the consumers. In this manner creating for ourselves our own paper money, we control its purchasing power, and we have no interest to pay no one.”
As a result of Franklin’s statement, the British Parliament hurriedly passed the Currency Act of 1764. This prohibited colonial officials from issuing their own money and ordered them to pay all future taxes in gold or silver coins.
1787 - James Madison was opposed to a privately owned central bank after seeing the exploitation of the people by the Bank of England. Thomas Jefferson was also against it, and Jefferson later made the following statement,
“If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and the corporations which grow up around them will deprive the people of all property until their children wake up homeless on the continent their fathers conquered.”
1790 Mayer Amschel Rothschild made the following statement from his bank in Frankfurt, Germany,
“Let me issue and control a nation’s money and I care not who writes the laws.”
1963 - President Kennedy
President Kennedy issues dollar bills carrying a red seal, and called United States Note. A lot of people believe he was already printing his own debt free money and that is why he was killed, in much the same way as President Lincoln. However, these United States Notes carrying the red seal were merely a reissue of the Greenbacks introduced by President Lincoln.
What could have been motive though, is that on June 4, President Kennedy signed Executive Order No. 11110 that returned to the United States government the power to issue currency, without going through the Federal Reserve. This order gave the Treasury the power to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury. This meant that for every ounce of silver in the United States Treasury’s vault, the government could introduce new debt free money into circulation
1982
President Reagan’s, “Gold Commission,” reports back to Congress and makes the following shocking statement concerning gold,
“The U. S. Treasury owned no gold at all. All the gold that was left in Fort Knox was now owned by the Federal Reserve, a group of private bankers, as collateral against the National Debt.”
1997 - Tony Blair
“Less than two months before Tony Blair came to power in England, another interesting entry can be found in HANSARD, 5th March 1997, volume 578, No. 68, columns 1869-1871, in which the Earl of Caithness is recorded as having stated:”
“The next government must grasp the nettle, accept their responsibility for controlling the money supply and change from our debt-based monetary system. My Lords, will they? If they do not, our monetary system will break us and the sorry legacy we are already leaving our children will be a disaster.”
It only works for transactions under £20 or £30, depending on the card and only for a few transactions a day. One thing I don’t get is that they are sometimes unable to provide a receipt, which I suspect is a user error rather than a restriction. Either way I use it a lot and never had a problem.