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    The Reserve Bank = A License to Steal Money from Citizens? (How Money is Created from Nothing for Dummies)
    The Reserve Bank = A License to Steal Money from Citizens? (How Money is Created from Nothing for Dummies)
    The Reserve Bank = A License to Steal Money from Citizens? (How Money is Created from Nothing for Dummies)
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    The Reserve Bank = A License to Steal Money from Citizens? (How Money is Created from Nothing for Dummies)

    By Ahmed Motiar

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    THE RESERVE BANK = A License to Steal Money from Citizens?

    Very few people know how the money system is manipulated by the RESERVE BANK to make most citizens “debt-slaves” without them even being aware of it. This book exposes how the Reserve Bank uses the Fractional Reserve System to create “money out of nothing” for the benefit of the few private owners of the Bank but to the great detriment of the majority of the country’s citizens. This book explains in simple layman’s terms “how” money is created out of nothing.

    Below are views of great leaders who may consider the Reserve Bank’s immoral activities as being tantamount to stealing money from citizens. These comments apply to every country where these Banks operate as “privately-owned” corporations. This is another fact which most people are not aware of.

    Sir Josiah Stamp, former director of the Bank of England, warned: “If you wish to remain the slaves of bankers and pay the cost of your own slavery, then let the banks continue to create money.”

    President Abraham Lincoln strongly favoured the abolishment of the Central (Reserve) Bank and declared: “The government should create, issue, and circulate all the currency. Creating and issuing money is the supreme prerogative of government. Adopting these principles would save the taxpayer immense sums of interest and money will cease to be the master and become the servant of humanity.”

    President Thomas Jefferson offered advise which citizens cannot afford to ignore: “If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks... will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered ... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.”

    Ian Woods, the Editor and Publisher of Global Outlook magazine wondered: “Why should a nation with the power to create money give that power away to a private monopoly of banks and then borrow it back at interest to the point of near bankruptcy?”

    LanguageEnglish
    PublisherAhmed Motiar
    Release dateJul 7, 2014
    ISBN9780987029744
    The Reserve Bank = A License to Steal Money from Citizens? (How Money is Created from Nothing for Dummies)
    Author

    Ahmed Motiar

    Ahmed Motiar B.A. M.Ed.Ahmed is a teacher, researcher, author and inventor with 35 years of teaching experience at both elementary and secondary school levels. His present focus is on enhancing Literacy skills as one means of improving the human condition. He obtained his Teachers’ Certificate and Bachelor’s degree in South Africa and obtained his Master’s degree from the University of Toronto – (OISE)Ahmed’s work has been recognized with a number of AWARDS:Some of these are:•(Canadian) Prime Minister’s Award for Teaching Excellence in Science, Technology and Mathematics.•Certificate of Appreciation: Antiracism and Ethno-cultural Equity Committee•ACRA Award of Achievement•Educator’s Award: Canadians for a Genocide Education•CIC Award for Arts and Literature•VIP Award from The Learning Disabilities Association•Certificate of Excellence: York Region Board of EducationHis primary aim in life is to bring about justice for the oppressed and the marginalized all over the world. To promote better understanding and tolerance between different racial groups and faith communities, he has been actively involved in issues of social justice and has been a member of the following organizations:1.National Anti-Racism Council of Canada2.York Region Race Relations Advisory Committee.3.Multi-faith Dialogue Group of Toronto4.Muslim-Christian Liaison Committee.5.Jewish, Christian, Muslim Interfaith Committee.6.Educators Against Apartheid.7.Canadians for a Genocide Education.8.Movement for Universal Justice.9.Interfaith Social Action Reform Coalition (ISARC)10.RCMP Commissioner’s Advisory Committee on Visible MinoritiesBOOKS AND EDUCATIONAL MATERIAL PUBLISHED1. 3E Magic Math2. 3E Math “Equations” Game3. The 3E Reading System4. Learning to Read made Easy5. The Reading Skills Inventory6. Diagnostic and Programming Guide7. 3E Word-Vocabulary Game8. Defanging a Bully9. I Am Not Dumb10. Contributed One Chapter in the, “Book of Multi-faith Readings”11. Market Madness (A Stock Market Simulation Game)12. The Reserve Bank = A License to Steal Money from Citizens?SOON TO BE PUBLISHED BOOKS / ESSAYS1)Condoned Injustices (– was short listed for the R50,000 Penguin Book Award)2)(An Essay) How Fasting Regenerates the Immune System.3)Edited and Collated the book: “Multi-faith Responses to: Who Created God?”Some of his material is available from: http://www.MathAndLiteracyAfrica.co.za

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      Book preview

      The Reserve Bank = A License to Steal Money from Citizens? (How Money is Created from Nothing for Dummies) - Ahmed Motiar

      THE RESERVE BANK

      = A LICENSE TO STEAL MONEY FROM CITIZENS?

      HOW MONEY IS CREATED FROM NOTHING FOR DUMMIES

      by

      A. MOTIAR

      Smashwords Edition

      Published on Smashwords by: Math and Literacy for Africa

      www.MathAndLiteracyAfrica.co.za

      Copyright 2013 by A. Motiar

      ISBN: 978-0-9870297-4-4

      Discover other titles by A. Motiar at www.MathAndLiteracyAfrica.co.za

      This book is also available in print from www.MathAndLiteracyAfrica.co.za

      Smashwords Edition, License Note

      This e-book is licensed for your personal enjoyment only. This e-book may not be re-sold or given away to other people. If you would like to share this book with another person, please purchase an additional copy for each recipient. If you're reading this book and did not purchase it, or it was not purchased for your use only, then please return to Smashwords.com and purchase your own copy. Thank you for respecting the hard work of this author.

      Email this sample to a friend

      THE RESERVE BANK

      = A LICENSE TO STEAL MONEY FROM CITIZENS?

      This book is a gem. A very valuable summary of critical insights in this urgent time.

      - Foster Gamble: The THRIVE Movement

      www.thrivemovement.com

      "In this simple, concise, well-written book, you will find all the information you want about how the RESERVE BANK uses the Fractional Reserve System to create money out of nothing for the benefit of the few but to the great disadvantage of the many."

      - Scott Cundill: The New Economic Rights Alliance

      supporting victims of corporations that put profit ahead of human rights

      www.newera.org.za

      ***~~~***

      If you want to remain the slaves of bankers and pay the cost of your own slavery, then let the banks continue to create money.

      - Sir Josiah Stamp: Former Director of the Bank of England

      The most dangerous man, to any government, is the man who can think things out for himself. . . Almost inevitably, he comes to the conclusion that the government he lives under is dishonest, insane and intolerable.

      - Henry Louis Mencken

      http://politicalvelcraft.org/2012/09/24/iceland-was-right-we-were-wrong

      If the people only understood the rank injustice of our money and the banking system, there would be a revolution before morning.

      - Andrew Jackson: 7th President of the United States

      TABLE OF CONTENTS

      Chapter 1: Introduction

      Chapter 2: Dedicated to the community of volunteers and activists seeking reform

      Chapter 3: Acknowledging the Primary References used for this Book

      Chapter 4: Exposing the evil motives for the creation of the Federal Reserve Bank

      Chapter 5: The Pyramid of Control

      Chapter 6: Who Creates Money and Where is this Money stored?

      Chapter 7: The Reserve Bank

      Chapter 8: How Money is Created and Expanded?

      Chapter 9: The Fraud of Interest

      Chapter 10: Chart showing How the Reserve Bank (RB) Creates/Expands Money from Nothing

      Chapter 11: Explanation of Columns and Rows on the Chart

      Chapter 12: What gives Money its Value?

      Chapter 13: Is The Reserve Bank Practice a Form of Modern Slavery?

      Chapter 14: The Role of The Reserve Bank to Create Boom and Bust Cycles for its own Benefit

      Chapter 15: Securitization

      Chapter 16: A Legal Precedent: Jerome Daly vs. The Bank

      Chapter 17: Alternative Models to The Reserve Bank

      Chapter 18: Benefits if the privately-owned Reserve Bank is abolished

      Chapter 19: A Concern

      Chapter 20: Speaking Truth to Power

      Chapter 21: Home Loans at 0% Interest

      Chapter 22: The New Economic Rights Alliance: Seeking Transparency in Banking

      Chapter 23: Ten Questions Everyone Should Ask Their Bank

      Chapter 24: About the Author

      Chapter 25: Other Work by the Same Author

      Endnotes

      Chapter 1

      INTRODUCTION

      Warnings about the Injustice of our Banking System

      A question one cannot help asking is how long will citizens prefer to remain ignorant about the injustice inherent in our banking system? By exploiting our ignorance, bankers have succeeded in making debt-slaves of the citizens of most countries where they operate without any responsibility or accountability to governments or citizens. For more than a century, warnings about the power and undue influence the bankers exert over governments have been repeatedly given, but citizens have so far taken little heed of them. These caveats have come from those who have first-hand knowledge of the workings of the banking system. Given here are the warnings from just a few renowned individuals which people should consider seriously or ignore them at their own peril.

      John Kenneth Galbraith, former professor of economics at Harvard, writing in, Money: Whence it came, where it went. (1975).

      The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it. The process by which banks create money is so simple the mind is repelled.

      Leo Tolstoy, Russian writer.

      Money is a new form of slavery, and distinguishable from the old simply by the fact that it is impersonal - that there is no human relation between master and slave.

      (The following three views clearly validate the fact that bankers control governments.)

      Reginald McKenna, Chairman of the Midland Bank, addressing stockholders in 1924.

      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 hand the destiny of the people.

      Napoleon Bonaparte, Emperor of France, 1815.

      When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes... Money has no motherland; financiers are without patriotism and without decency; their sole object is gain.

      Professor Carroll Quigley, Georgetown University historian.

      (Mentioned by former President Clinton in his inaugural address.[1])

      Each central bank . . . sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence co-operative politicians by subsequent rewards in the business world."

      Chapter 2

      DEDICATED TO THE COMMUNITY OF VOLUNTEERS AND ACTIVISTS SEEKING REFORM

      IN SOUTH AFRICA WE HAVE:

      The New Economic Rights Alliance (NewERA),

      www.newera.org.za

      and

      The UBUNTU Party

      www.ubuntuparty.org.za/

      IN THE UNITED STATES WE HAVE:

      The THRIVE Movement

      (Foster & Kimberly Gamble and the THRIVE team)

      www.thrivemovement.com/

      and

      The Occupy Wall Street Protest Movement

      (Micah White, Priscilla Grim, JustineTunney and ALL the Movement members)

      OccupyWallSt.org

      and

      Concerned INDIVIDUALS all over the world who are taking up the challenge to address the injustices imbedded in the present monetary system. They are trying to end the oppression of the financial elites who have made perpetual debt-slaves of the citizens where they operate without any accountability to the people or the government.

      It is worth reflecting upon the words of Samuel Adams, who said:

      . . . it does not require a majority to prevail, but rather an irate, tireless minority keen to set brush fires in people's minds.

      Chapter 3

      ACKNOWLEDGING THE PRIMARY REFERENCES USED FOR THIS BOOK

      Understanding how our current monetary system works to enslave us, is the key to finding out how we can liberate ourselves from a modern form of tyranny, secretly imposed upon us by the bankers which is designed to drive us into bankruptcy or debt slavery.

      Excerpt from: Zeitgeist Addendum

      Primary References used for this book were obtained from the following sources:

      • Global Outlook Magazine: Collector's Edition,

      http://globaloutlook.ca/

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