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Bank of England, Money creation: https://www.bankofengland.co.uk/-/med... MONETARY REFORM, A BETTER MONETARY SYSTEM FOR ICELAND: http://positivemoney.org/wp-content/u... American Bankers Association Pushes Back on CBDCs: https://www.ledgerinsights.com/americ... Federal Reserve 2020 set reserve requirements to zero: https://www.federalreserve.gov/moneta... The Chicago Plan https://sovereignmoney.site/the-chica... https://static.project2025.org/2025_M... Why Do Banks Make So Much Money? 1) • Why Do Banks Make So Much Money? "If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless" -Thomas Jefferson "I sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale." -Thomas Jefferson "If the people only understood the rank injustice of our Money and Banking system, there would be a revolution before morning." -Andrew Jackson "It is well enough that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." -Henry Ford "Permit me to issue and control the money of a nation, and I care not who makes its laws." -Mayer Amschel Rothschild "I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men." - Woodrow Wilson (Wilson, lamenting the consequences of signing the Federal Reserve Act.) "The real truth is, as you and I know, that a financial element in the large centers has owned the Government ever since the days of Andrew Jackson." - Franklin D. Roosevelt (FDR expressing concern over the influence of financial institutions on governance.) "I am afraid the ordinary citizen will not like to be told that the banks can and do create money. And they who control the credit of the nation direct the policy of governments and hold in the hollow of their hands the destiny of the people." -Reginald McKenna (This statement underscores the controversial idea that banks, through the process of lending, effectively create money, which grants them significant power over national economies and political systems.) "Banking was conceived in iniquity and born in sin. The bankers own the Earth. Take it away from them, but leave them the power to create money, and with the flick of a pen, they will create enough money to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear, and they ought to disappear, for this would be a happier and better world to live in. But if you want to continue to be slaves of the bankers and pay the cost of your own slavery, let them continue to create money." - Josiah Stamp, a British banker, economist, and former director of the Bank of England: "The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented." - Josiah Stamp, a economist, and former director of the Bank of England: "The process by which banks create money is so simple that the mind is repelled." -John Kenneth Galbraith (1908–2006) was a renowned Canadian-American economist, public official, and author. He was one of the most influential economists of the 20th century, known for his unconventional views on economic theory and his critical stance on free-market capitalism. Galbraith was an advocate for government intervention in the economy, especially to regulate corporate power and ensure social welfare. "The few who understand the system...will either be so interested in its profits or so dependent on its favors that there will be no opposition from that class, while on the other hand, the great body of people, mentally incapable of comprehending...will bear its burdens without complaint." — John Kenneth Galbraith "They don’t want a population of citizens capable of critical thinking. They want obedient workers, people just smart enough to run the machines and do the paperwork, and just dumb enough to passively accept their situation." - George Carlin "It's a big club, and you ain't in it." - George Carlin "Nobody seems to notice, nobody seems to care. That’s what the owners count on: the fact that Americans will probably remain willfully ignorant" - George Carlin