Bankers Dominate Society with Interest Grift on Money Supply
Green Liberty is in solidarity with Banking and Monetary Reform Committee to Advance Democratic Reform as Means to Liberate from Plutocratic Controls.
Article provides tutorial on appealing for protection from domestic violence under Constitution’s Guarantee Clause.
MONETARY VIOLENCE: An extraordinarily efficient form of violence
By Rita Jacobs, Banking and Monetary Reform Committee, Green Party US; Michigan Green Party member. See on Facebook
Violence can come in many forms. The framers of the Constitution discussed at length what they called “domestic violence.” Domestic violence in the Constitution refers to violence that comes from within a country as opposed to a violent attack of some kind by a foreign country. The World Health Organization (WHO), in its approach toward violence prevention, defines violence as:
The intentional use of physical force or power, threatened or actual, against oneself, another person, or against a group or community, that either results in or has a high likelihood of resulting in injury, death, psychological harm, maldevelopment, or deprivation.
My purpose in writing this article is to explain how most of us are all victims of institutionalized monetary violence – that comes not from some foreign adversary, but arises within our own country.
Here is how the WHO describes collective violence:
“Collective violence refers to violence committed by larger groups of individuals and can be subdivided into social, political and economic violence.”
To understand what monetary violence is, we first need to understand the meaning of “monetary.” It simply means pertaining to money or currency. A monetary system is a system by which a government provides money in a country’s economy. Note that it is the government’s role to provide the money that is used as a medium of exchange in a country. Our Constitution recognized this and gave to Congress the authority to “coin” money.
The definition of violence above includes as a source of violence not only physical force, but also power. Obviously, money can be a source of great power. And the ability to pass laws is a great power. We see it every day as it plays out in the politics of our government. I can find no disagreement that money can be a source of great power and influence. Our monetary system has created institutionalized monetary violence. The monetary system itself is a source of widespread violence that permeates all of the societal problems in this country. It has resulted in injury, death, psychological harm and deprivation to the majority of citizens in our country – and globally for that matter.
Imagine a monetary system where the government does not create its own money, but instead passes laws that give the authority to create money to a small group of individuals. These individuals are not allowed to keep the money, but are allowed to loan it out and collect interest on it. And in so doing, they are also allowed to choose the recipients of the loans they make. The laws are passed at a time when these individuals have financial interests in the largest corporations, and have formed a cabal that seeks to further their own interests and is now able to do so through legalized usury. Usury is the practice of making unethical or immoral monetary loans that unfairly enrich the lender. This is the monetary system that we currently have.
So, Congress, with its great political power passed the Federal Reserve Act in 1913 which granted the power of money creation to a network of private banks. Through their legal authority to create new money and choose where to loan it as interest, the banks control public policy that influences where new money is invested. Congress, eager to get campaign contributions from the wealthy corporations and banks, does not pass legislation that keeps money out of politics. So where has this put us, and what kind of violence do we have?
Here are a number of examples of actions taken by the banks that contribute to the growth of collective violence against the people:
- The banks created the great depression by manipulating the amount of money in circulation. This was documented decades later. People lost their farms and homes, were forced to move to new locations, and suffered much hardship and scarcity.
- Money has been concentrated in the hands of a few wealthy individuals as bankers assist large corporations in continuing to carry out their businesses without regard to harm to the planet and people.
- Banks enable the purchase of new investment products that are unregulated by the government and cause financial losses to individual investors.
- The concentration of more wealth by the already wealthy has created the largest inequality of wealth in the history of the nation.
- Banks enabled the growth of the weapon industry. Financing wars is very profitable for the bankers, and thus military weapons have become the largest export business in the US. The US often supplies weapons to both sides of a conflict.
- The ability to make campaign contributions has developed into legalized bribery to the extent that lawmakers pay no attention to the opinions and expectations of their constituents.
The above actions have contributed to increasing homelessness; the worst health care system among the developed nations; a decline in life expectancy; stagnant wages; increase in incarceration; a decline in the birth rate; a growing national debt that is no longer sustainable; higher education costs that are beyond the ability of young people to pay without suffering for decades in debt bondage; a rise in the rate of suicides; unaffordable housing costs; and the deaths of millions of people killed in the wars instigated by the empire. The military budget has been increased with regularity in an effort to gain control for the empire of the resources in foreign countries. Despite the fact that the empire is now crumbling, banks continue funding the businesses that engage in resource wars and cause climate change.
For anyone who understands the effects of the monetary system, it is not difficult to understand that Congress inflicts domestic violence by retaining a monetary system that systematically benefits only the few who benefit from its privileges and power while inflicting collective domestic violence on remaining citizens of each of the states.
United States Constitution, Article IV, Section 4
The United States shall guarantee to every State in this Union a Republican Form of Government, and shall protect each of them against Invasion; and on Application of the Legislature, or of the Executive (when the Legislature cannot be convened) against domestic Violence.
Our government should be protecting us from the collective domestic violence that it created and continues to be inflicted upon the citizens of the 50 states and the District of Columbia. R.J.
See this interview with Rita and Howard Switzer discuss monetary reform. https://greenlibertycaucus.org/democratize-money-supply-own-dont-rent/
Read Rita’s article in Covert Action Magazine: “Identifying the enemy,,,” for a quick tutorial on the power of the banking cartels and her discussion of the Pujo Committee: https://covertactionmagazine.com/2022/10/20/identifying-the-enemy-is-the-first-step-in-winning-the-war/