The Federal Reserve Explained In 7 Minutes

(Before It's News)

Freedom Outpost

Dean Garrison

Have you ever caught yourself wondering how nearly every country on earth can be in debt to outside sources? In my world, if I owe a friend $10 and he owes me $5 then I simply give him $5 and we call it “even.”

But that’s not how the world of international banking works.

The reason that nearly every nation on earth has external debt is simple. We don’t owe that money to other countries, even though many of those countries “own” our debt. Countries that hold debt are simply like “middle men.” It is all somehow owed to the world banking elite. The elite, of course, would like to keep it that way.

Even in cases like China, where they own more of our debt than anyone, the Chinese still ultimately answer to the world banking elite. It is a system built on people owing governments and governments owing banks. The bankers do, in fact, rule the world.

Read More Here

Reposted with permission

• That ‘Frightening’ Chat With Ben Bernanke
• Lord Jesu Destroy the Banks.
• Federal Reserve Asks “Where Are The Jobs”
• The Most Powerful Woman In The World
• Janet Yellen’s Full Press Conference Transcript
• Fed Chair Bernanke Held 84 Secret Meetings In The Lead Up To The Wall Street Collapse
• Federal Reserve History And Credit Collapse Panic
• New Fed Chairman Angrily Rejects Central Bank Audit
• Economic Mouse Trap…The Whistleblowers
• Fed Lying About QE, Media Not Paying Attention