To cover the fact that a central bank is merely a cartel which has been legalized, its proponents had to lay down a thick smoke screen of technical jargon focusing always on how it would supposedly benefit commerce, the public, and the nation... there was not the slightest glimmer that underneath it all, was a master plan which was designed from top to bottom to serve private interests at the expense of the public... the system is merely a cartel with a government facade.
G. Edward GriffinBy...WWII, I.G. Farben had become...part of the most gigantic and powerful cartel of all history...interlocking agreements...over 2,000 of them...In the US, the cartel had established important agreements with
G. Edward GriffinAnd what did the banks do to earn this perpetually flowing river of wealth? Did they lend out their own capital obtained through investment of stockholders? Did they lend out the hard-earned savings of their depositors? No, neither of these were their major source of income. They simply waved the magic wand called fiat money.
G. Edward GriffinThere is no time in American history in which there was more economic conflict between segments of the population than there was prior to the Civil War.
G. Edward GriffinError is better than apathy. Error can be corrected in time to change the outcome. Apathy is seldom corrected until it is too late.
G. Edward GriffinFirst, it is providing a means whereby key individuals on its payroll are able to obtain both power and wealth through granting special favors to certain politically influential groups that are subject to its regulation. This activity is similar to the 'protection racket' of organized crime: for a price, one can induce FDA administrators to provide 'protection' from the FDA itself.
G. Edward Griffin