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Understanding the Federal Reserve System – Meet the Master: G. Edward Griffin
Lost Arts Radio Show on Sunday 9/9/18
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When I first realized I needed to learn exactly how the Federal Reserve, central banks and “fractional reserve banking” actually worked, I did a lot of research and reading. Almost all the historical and analytical references I found led back to the preeminent work on this subject by G. Edward Griffin (www.realityzone.com), called The Creature from Jekyll Island. This great educational book is available from Amazon (https://www.amazon.com/Creature-Jekyll-Island-Federal-Reserve/dp/091298645X), and I highly recommend reading it, for anyone who wants to understand how the scam of modern banking actually works. Hear the audio version here: https://youtu.be/wy95j_dNeNc
Besides being a world-class authority on the banking system, Mr. Griffin (www.realityzone.com/company-info) is also the founder of Freedom Force (www.freedomforceinternational.org), an organization designed to help people of good character get elected to public office. In addition, he publishes a great free weekly newsletter, Need To Know News (wwwrealityzone.com/unfiltered-news), which covers a wide range of important current events. I have enjoyed this excellent news source for years.
Most people seem to think that banks actually have money that they lend out to generate a return, but the amazing truth is that banks are allowed to lend money they do not have. The term “fractional reserve banking” suggests that maybe banks take your deposit and then lend out part of it to make money, and keep the rest in their possession in case some of their customers want to withdraw money. This would make some sense, but that’s not really how it works. In actual practice, the bank takes in your deposit, and it is then allowed to lend out several times that amount, in other words, money it doesn’t have. Twilight Zone looks normal by comparison. It is the basis for the massive power that banks have over governments and all aspects of our lives. But that’s only the tip of the iceberg. G. Edward Griffin will join us with the rest of the story.
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The Saturday live show, which allows listeners to call and participate and has been audio only up to now, changes to a new, full-video format in January 2018. For several important reasons, it will take the form of a private, members-only “club.” This will allow me to say more on the air in response to personal questions and real individual situations you are experiencing, than on a show open to the public. The small membership dues for this club will help us keep operating, and will go to the non-profit Lost Arts Research Institute, to build our school as soon as possible.
The school will be an actual physical facility where what we talk about on Saturdays can be demonstrated and experienced. It will reach more people who need alternatives for health and life that work. It will serve people who are tired of making the same mistakes in food and lifestyle every day without understanding how to avoid the unnecessary pitfalls of “aging,” low energy, sickness, depression, the usual things that go with a standard American diet and lifestyle.
To see how the new Saturday show is going to work, go to our website, at www.lostartsradio.com/club. I hope you will join me on this new video platform. Your support will enable us to pay the costs of this more expensive broadcasting tool, and will give you private access to the meetings we will have there every week, sharing information that you can put to use in your life right away. One of my thoughts is to bring the benefits of private consulting appointments to club members at a fraction of the cost of private sessions. If you know anyone in a difficult health or life situation who might benefit from what we share, please let them know about the new private club format.
Thanks for being part of our family and we look forward to being with you on our next show. Feel free to communicate your comments and suggestions to me any time – I will read them all and respond as time permits.
Richard Sacks, Host
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