#Info - A possible systematic "crash" of the global financial system
- 20somethingmedia
- Aug 8
- 3 min read
The global financial system could be headed for a systemic crash that could wipe out trillions in global liquidity; caused by an impending and sudden drop in asset value prices of the biggest global tech corporations, with many market pundits calling it; "the biggest asset price bubble in human history." With this looming financial event on the horizon; one pertinent question comes to mind - who owns these corporations?
To find the answer to this question, you would have to start at the very foundations of the global financial system.
The federal reserve is a private company.
Article 1, Section 8 of the Constitution states that Congress shall have the power to coin (create) money and regulate the value thereof. Today however, the FED, which is a privately owned company, controls and profits by printing money through the Treasury, and regulating its value. The FED began with approximately 300 people or banks that became owners (stockholders purchasing stock at $100 per share - the stock is not publicly traded) in the Federal Reserve Banking System. They make up an international banking cartel of wealth beyond comparison. The FED banking system collects billions of dollars in interest annually and distributes the profits to its shareholders. The Congress illegally gave the FED the right to print money (through the Treasury) at no interest to the FED. The FED creates money from nothing, and loans it back to us through banks, and charges interest on our currency. The FED also buys Government debt with money printed on a printing press and charges U.S. taxpayers interest. Many Congressmen and Presidents say this is fraud (The full reference article can be read here).
The eight families
The idea of "eight families" controlling the Federal Reserve is a conspiracy theory (important to note that thoeries can either be factual or baseless) that has been widely circulated. According to this theory, the eight families are:
• Goldman Sachs (New York)
• Rockefeller (New York)
• Lehman Brothers (New York)
• Kuhn Loeb (New York)
• Rothschilds (Paris and London)
• Warburgs (Hamburg)
• Lazard (Paris)
• Israel Moses Seifs (Rome)
Do the Morgans feature as part of this group?
Yes, the Morgan family, specifically J.P. Morgan & Co., was indeed involved in the creation of the Federal Reserve System. J.P. Morgan, along with other prominent financiers like Henry Davison (a partner at J.P. Morgan & Co.), played a significant role in the secret meeting on Jekyll Island in 1910, which laid the groundwork for the Federal Reserve.
What are the families forming "The creature from Jekyll Island?"
"The Creature from Jekyll Island" by G. Edward Griffin refers to the secret meeting held in 1910 on Jekyll Island, Georgia, where a small group of influential individuals, often referred to as "families," gathered to draft the blueprint for the Federal Reserve System. These families were part of the banking elite from the United States and Europe.
The key figures involved were:
• Nelson Aldrich - A U.S. Senator and the primary organizer of the meeting.
• A. Piatt Andrew - Assistant Secretary of the U.S. Treasury.
• Henry Davison - Partner at J.P. Morgan & Co.
• Arthur Shelton - Assistant Secretary of the U.S. Treasury.
• Frank Vanderlip - President of National City Bank (now Citibank).
• Paul Warburg - A German banker and partner at Kuhn, Loeb & Co.
These individuals represented some of the most powerful banking and financial interests of the time and played a significant role in shaping the modern financial system in the United States.
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