Thick books can be intimidating. We tend to put off reading them until we have a suitably large block of timewhich is to say, often they are never read. That is the reason a preview has been placed at the beginning and a summary at the end of each chapter. All of these together can be read in about one hour. Although they will not contain details nor documentation, they will cover the major points and will provide an overview of the complete story. The best way to read this book, therefore, is to begin with the previews of each section, followed by the chapter previews and summaries. Even if the reader is not in a hurry, this is still an excellent approach. A look at the map before the journey makes it easier to grapple with a topic such as this which spans so much history.
INTERNET REFERENCES
The Internet is a valuable source of information; but, unlike printed works, it cannot be relied upon for long-term reference. News articles may be removed from their web sites, or the sites may be terminated. This presents a challenge to authors who want to document the origin of their information. Therefore, all Internet publications referenced in the footnotes of this book have been archived at http://www.realityzone.com/footnotes.html. Should that site become unavailable, the author will endeavor to provide CDs containing a permanent record of the same information. If you would like to have one, please send a donation of whatever you feel is appropriate to cover the cost to The Reality Zone, P.O. Box 4646, Westlake Village, CA 91359. It is our goal to prevent this historical information from falling into the Orwellian "memory hole."
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eBook author: Peter Klimon & Carleen Taylor
December 2012
Cover art by REALITY ZONE
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Table of Contents
TITLE
AUTHOR
COPYRIGHTS
PREFACE
ACKNOWLEDGEMENTS
INTRODUCTION
I. WHAT CREATURE IS THIS?
What is the Federal Reserve System? The answer may surprise you. It is not federal and there are no reserves. Furthermore, the Federal Reserve Banks are not even banks. The key to this riddle is to be found, not at the beginning of the story, but in the middle. Since this is not a textbook, we are not confined to a chronological structure. The subject matter is not a curriculum to be mastered but a mystery to be solved. So let us start where the action is.
. The Journey to Jekyll Island
. The Name of the Game Is Bailout
. Protectors of the Public
. Home Sweet Loan
. Nearer to the Heart's Desire
. Building the New World Order
II. A CRASH COURSE ON MONEY
The eight chapters contained in this and the following section deal with material that is organized by topic, not chronology. Several of them will jump ahead of events that are not covered until later. Furthermore, the scope is such that the reader may wonder what, if any, is the connection with the Federal Reserve System. Please be patient. The importance will eventually become clear. It is the author's intent to cover concepts and principles before looking at events. Without this background, the history of the Federal Reserve is boring. With it, the story emerges as an exciting drama which profoundly affects our lives today. So let us begin this adventure with a few discoveries about the nature of money itself.
. The Barbaric Metal
. Fool's Gold
. The Secret Science
. The Mandrake Mechanism
III. THE NEW ALCHEMY
The ancient alchemists sought in vain to convert lead into gold. Modern alchemists have succeeded in that quest. The lead bullets of war have yielded an endless source of gold for those magicians who control the Mandrake Mechanism. The startling fact emerges that, without the ability to create fiat money, most modern wars simply would not have occurred. As long as the Mechanism is allowed to function, future wars are inevitable. This is the story of how that came to pass.
. The Rothschild Formula
. Sink the Lusitania!
. Masquerade in Moscow
. The Best Enemy Money can Buy
IV. A TALE OF THREE BANKS
It has been said that those who are ignorant of history are doomed to repeat its mistakes. It may come as a surprise to learn that the Federal Reserve System is America's fourth central bank, not its first. We have been through all this before and, each time, the result has been the same. Interested in what happened? Then let's set the coordinates of our time machine to the colony of Massachusetts and the year 1690. To activate, turn to chapter fifteen.
. The Lost Treasure Map
. The Creature Comes to America
. A Den of Vipers
. Loaves and Fishes, and Civil War
. Greenbacks and Other Crimes
V. THE HARVEST
Monetary and political scientists continue to expound the theoretical merits of the Federal Reserve System. It has become a modern act of faith that economic life simply could not go on without it. But the time for theory is past. The Creature moved into its final lair in 1913 and has snorted and thrashed about the landscape ever since. If we wish to know if it is a creature of service or a beast of prey, we merely have to look at what it has done. And, after the test of all those years, we can be sure that what it has done, it will continue to do. Or, to use the Biblical axiom, a tree shall be known by the fruit it bears. Let us now examine the harvest.