The Age of Central Banking
January 23, 2016

THE Age of Central Banking is the age of state-sponsored usury. Central banking is the foundation of our debt-based monetary system. It concentrates power in the hands of the few, leads to centralization throughout the economy, and depends on widespread, cultivated ignorance.
You live in the Age of Central Banking, which means that you are to some degree a slave to debt. Even if your personal accounts are in good shape and you owe little or no money, you are still chained to debt through taxation, inflation and the larger economic cycles. We are so engulfed by this system, it’s hard for us to see that it is not a work of nature, nor the inevitable byproduct of “free enterprise.” It is the Capitalist version of tyranny and the root of the immigration crisis, our declining birthrate and our perpetual wars. It cannot last because it is inhuman, but how long it will last is up perhaps to the enlightened few.
Thomas Aquinas said that man cannot be virtuous without the sufficient means to ensure his material welfare. Modern society cannot be virtuous as long as the existing monetary system persists. There was a reason the Church banned usury. It destroys whole societies and leads to moral meltdown.
There are a number of good books that explain the issue in simple, clear language, accessible to those who are not economists, such as me. I am referring to books that can be read in a few days or even hours, and that give a clear overview without getting bogged down in excessive detail.
They include The Banking Swindle by Kerry Bolton, The Web of Debt: The Shocking Truth about our Monetary System and How we Can Break Free by Ellen Brown, A History of Central Banking and the Enslavement of Mankind by Stephen Mitford Goodson, Bancarotta: An Allegory about Central Banking by M.S. King and The Tyranny of the Federal Reserve, another good primer on the subject by an obscure, self-published author, Brian O’Brien. Read More »