Phillip Tilley

There is still no money

April 8, 2009 |  15 comments
Image Credit: sxc.hu “Paper money eventually returns to its intrinsic value-zero” Voltaire (1694-1778) Some people have asked where the trillions of dollars have gone from the deflation in the housing markets and the defaults on loans and the falling value of the stock market. I have said it before and I will say it again, there is no money. The trillions that vanished never existed in the first place. Welcome to the Money Matrix, a place where in your mind you believe money exists.

“If the American people ever allow private banks to control the issue of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children will wake up homeless on the continent their fathers conquered.” Thomas Jefferson in 1802 in a letter to then Secretary of the Treasury, Albert Gallatin.

If that scenario sounds familiar it is because it is happening right now all around us. The Federal Reserve Notes are the Currency issued by the Private Banks of the Federal Reserve. The value of Federal Reserve Notes is inflated, stock prices were inflated and housing prices were inflated. Some people had their heads inflated because they thought they were rich. This deluded people into thinking they had more assets than they really had. This is what Jefferson meant when he said, “first by inflation.”

Now the rug has been pulled out from under the unsuspecting public and values were deflated. Stocks and housing lost as much as 50% of the value it was perceived to have. Retirement funds that invested in stocks and Real Estate lost their values as well. First there was morse, then there was remorse as what did not exist in the first place was lost. This is what Jefferson meant when he said, “then by deflation.”With the loss in values a good number of people lost their houses to foreclosure. Big corporations like AIG and Goldman Sachs got bailout money from the government. This is what Jefferson meant when he said, “the banks and corporations that will grow up around them will deprive the people of all property until their children will wake up homeless on the continent their fathers conquered.”

“Whoever controls the volume of money in any country is absolute master of all industry and commerce.” President James A. Garfield. Now Treasury Secretary Geithner wants to increase the powers of the Treasury and Federal Reserve to seize key businesses to keep the economy from sinking. That is not capitalism, it is fascism!

“I see in the future a crisis approaching. It unnerves me and causes me to tremble for the safety of my country…the Money Power of the country will endeavor to prolong its reign by working upon the prejudices of the people, until the wealth is aggregated in a few hands and the Republic is destroyed.” Abraham Lincoln.

I have used the quotes of these wise men, Lincoln, Garfield, Jefferson and Voltaire, because I may just be a nut you can dismiss, but the wisdom of these men should not be ignored. The money is gone and there is still no money, and our Government is spending even more no money to stimulate an economy that lost lots of nothing so we can have more nothing again. Wake up people, the money matrix has you.

Phillip Tilley is author of The Money Matrix of the New World Order and other articles. Comments (15)

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