Would Ending Private Control Of Money Creation Improve Everything?

Posted on December 3, 2014

by Jerry Alatalo

aaa-14Alphabet According to Ken O’Keefe and a growing number of men and women around the Earth, the answer is yes. Mr. O’Keefe, at The 2nd International Conference of Independent Thinkers in Tehran a few weeks ago, said that taking the massive power held now in the United States, Europe and many other nations by a very small number of private, extremely wealthy individuals and transferring that power to the people in the form of a monetary public utility would change everything on Earth – for the better – in a day.

The United States government issues 3% of the money supply in the form of coins. The remaining 97%, in the form of paper currency, becomes created by private interests through the Federal Reserve system and privately owned banks – out of thin air, by typing some numbers into a computer screen. Quite simply, such a profoundly large power in the control of a very small number of ultra-wealthy global élite must end before there is any chance whatsoever to successfully defeat centuries-old problems faced by humanity like starvation, wars, homelessness, disease, environmental degradation, wealth inequality, species extinction and more.

In a recent post we shared a video of British MP Michael Meacher speaking during a historic debate on just this issue – monetary reform – inside the British Parliament, including pro-monetary reform speeches made by both conservative and liberal MPs. Just as governments in Sweden, Britain, Ireland, Spain – and now France – have made strong statements recognizing a Palestinian state recently, the world is evolving in such an accelerated manner that monetary reform will soon become just as publicized as the people of the world rapidly grow in awareness of what is really happening, and take the actions which lead to corrections of unjust, immoral, extremely harmful events and conditions.

Let us be thankful that the world’s people are acting to finally correct the decades-long injustice experienced by the Palestinian people. Give thanks as well that men and women in every nation and region are finally acting to correct the way money has historically become created – at least since 1913 and establishment of the Federal Reserve banking system in the United States – under private control, which has been a massive societal failure responsible for the tragic cycles of global economic booms and busts – and every war.


(Thank you to Ken O’Keefe at YouTube)

Global Monetary Reform Momentum Growing.

Posted on August 13, 2014

by Jerry Alatalo

aaa-42The Occupy Wall Street (OWS) movement grew from a widespread feeling that corruption had reached intolerable levels in America’s banking system. For good reasons. Since 2008 and the fall of the world economy generated by unaccountable, extremely risky, casino-gambling by high-rolling banksters on Wall Street, those men and women involved in OWS, and like-minded people in nations around the Earth who’ve felt the same negative economic consequences, have learned about, organized, and taken action on monetary/public banking/economic alternatives.

The number of men and women who’ve since 2008 become knowledgeable about the Federal Reserve, fractional reserve banking, and privately owned central banks like the Fed, World Bank (WB), International Monetary Fund (IMF), European Central Bank (ECB), Bank for International Settlements (BIS) etc. has risen steadily as more articles and videos have become written, produced, and widely shared. Corporate media, with intimate connections to the international private central banks’ networks has produced little to nothing in the way of reporting, but the internet has exploded with communications on alternative banking and economics.

In around six years, the growing awareness on monetary issues and banking reforms has resulted in the BRICS alliance of nations’ (Brazil, Russia, India, China, South Africa) creating the New Development Bank, marking the first time in history that the Fed, WB, IMF, ECB, and BIS will have to compete for international banking business. As more and more people have become aware of private central banks’ history and monopolistic grip on the world’s people and countries, leading many nations to severely cut budgets due to harsh austerity measures from great debt, those nations of the so-called South who’ve experienced the worst debt problems have chosen to go in another direction through BRICS.

Those who are the largest shareholders in the private central banking cartel are the kind of people who don’t really appreciate transparency or publicity when it comes to their profoundly fortunate wealth positions. Although the number of men and women who’ve come to understand the secretive, private ownership aspect of the world’s central banks – as well as the staggering money power which has been in the hands of the banking cartel owners – has grown dramatically, there are still many who have not. Thankfully, this is rapidly changing.

More people in America have come to learn the Federal Reserve is not a public institution any more than Federal Express is a public institution. Those same people have come to learn that America’s original citizens fought the British over who would control the creation and quantity of money in the new nation, and that the struggle over private vs. public control of the U.S. monetary system has occurred from the beginning of America until now in 2014.

Although tremendous power still resides with those who own the private central banks of the world, a shift beginning in 2008 and the global economic collapse has gained momentum, spurred on by greater public awareness, resentment at the virtual non-prosecution of criminals wearing white designer shirts, and perhaps the greatest wealth inequality in the history of mankind. World-shaking revelations have come to light such as 85 individuals possessing as much wealth as the world’s bottom 3.5 billions, a multi-trillion dollar, multi-location tax haven/evasion industry – directly operated by the world’s largest and most powerful accounting, legal, and banking entities for decades without a peep from in-the-know, highest level government officials, and many more.

Recent events in Germany and the “Monday Demonstration” movement, drawing large crowds in cities across Germany and surrounding nations, have been instrumental in raising awareness of the world’s banking cartel monopolies and how monetary reform of a historic nature will offer better results than history up until now has recorded. For those with eyes to see, beneficial/good changes are occurring for humanity – with many more positive developments on the horizon – and the momentum now is unstoppable.

To those private central bank owners who share the awareness and understanding of great changes coming for their historically monopolistic businesses, do not over-react to new and better ways of conducting state, national, and international finance. To be completely specific, do not resort to unnecessary, harmful economic sanctions or unneeded, human-soul-shattering war, killing, and destruction with the idea these negative actions can prevent the good changes from becoming reality.

Instead, change the way you look at the people sharing this Earth with you, resolve to peacefully work to improve the lives of all as much as humanly possible, then simultaneously work on improving the lives of men, women, and children who shall walk the Earth seven generations from now.

The United States probably won’t be joining the BRICS group of nations’ New Development Bank any time soon, but a movement toward public banking based on the state-owned Bank of North Dakota model is receiving enthusiastic support in around 40 states.


Executive Director of The Public Banking Institute Gwen Hallsmith talks to Grit TV’s Laura Flanders about the state of public banking in America.

Learn more at: publicbankinginstitute.org

(Thank you to gritTV at YouTube)