Jekyll Island - A New Film Documentary
Witness the greatest rip-off in history: the real ways money and debt are created and controlled. This affects everyone on the planet, and is the root cause of all of our economic problems today.
What's the problem with the world economy? It's debt -- too much personal debt -- too much corporate debt -- and most importantly, too much government debt.
"People have a natural tendency to want to spend now and pay later. They will usually take any type of loans offered. It's the same for governments. If governments can spend by borrowing, they will do it. What's government's option; anger the voters in the here and now by having to raise taxes immediately to cover their reckless spending to get themselves re-elected? No way! If loans are offered, governments will always choose borrowing.
The problem is that debt carries interest and the interest is strangling the life out of the economy of every nation on earth.
But most importantly, it's not just the amount of interest paid to the banks - those who give the loans -- it's the control over political process this debt gives the banks. We can never fix the instability in the world economic system until we forbid government borrowing.
Why? Because as Proverbs warns us: "The borrower is servant to the lender."
Economic instability always favors the banks and financial speculators. Economic stability always favors we, the people and the cause of human freedom. If banks are in control of the money, there is NO WAY they will ever create a stable system.
This will come as a surprise to most people, but today nations do not control their national money supply. Today, most money is created by banks -- as loans. It's not what backs the money that is important. It is who is controlling the quantity. Today, banks are in complete control of the quantity of the money in every nation. As a result banks have seized control of the entire democratic process and will, by this seizure, reverse humanity's thousand-year march towards freedom.
The good news is that it doesn't need to be this way. Banks don't need to be in control. Governments don't need to borrow. Governments don't need a national debt.
This is a relatively recent phenomenon. As long as we allow government borrowing -- the cancer at the core of all our economic problems -- we will never return governments to true democratic republics. They will all be just shams -- fakes -- appearing to go through the motions of free elections when in reality the big banks have effective control over the democratic process. This means that no government which borrows from banks can ever pass effective legislation to reverse this usurpation of humanity's quest for political freedom.
In this powerful, eye-opening film, investigative journalist and award-winning filmmaker Bill Still (“The Money Masters” and “The Secret of Oz”) unravels the secretive 1913 formation of the privately owned Federal Reserve and the creation of National Debt by Senator Nelson W. Aldrich and representatives of J.P. Morgan, Rockefeller and Kuhn, Loeb & Co., at Jekyll Island in Georgia, USA . Still reveals the greatest rip-off in history: the real ways in which money and debt are created and controlled. Jekyll Island argues the case that economic depressions are abnormal, that nations across the globe do not need national debt, and that governments are not printing too much money, but borrowing wildly. In the face of mounting debts and a reduction in the standards of living worldwide, he explains that those who are profiting from this crippling financial problem, want us, the public, to remain confused about what money really is and how it was created. However, Jekyll Island’s good news is the claim that we can fix this global problem, without wars or a revolution; just a clear understanding of the problem and its surprisingly simple solution.