The puppetmasters of debt
the Central Bank converts debt into money may seem complicated at first, but it is simple if one remembers that the process is not intended to be logical but to confuse and deceive.
conspiracy, banking, bankster, world bank, IMF, central bank, cover-up, manipulation, secret
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The puppetmasters of debt

Bankster Conspiracy

The puppetmasters of debt

The business of banking in Europe in the fourteenth century function was to evaluate, exchange, and safeguard people’s coins. In the beginning, there were notable examples of totally honest banks which operated with remarkable efficiency considering the vast variety of coinage they handled. They also issued paper receipts which were so dependable they freely circulated as money and cheated no one in the process. But it didn’t last long. The last two honest banks ever occured were the bank of Amsterdam and the bank of Hamburg. For over 2 centuries the bank of Hamburg faithfully adhered to the principle of safe deposit. So scrupulous was its administration that, when Napoleon took possession of the bank in 1813, he found 7,506,956 marks in silver held against liabilities of 7,489,343.

In 1941 Marriner Eccles was the Governor of the Federal Reserve System. On september 30 1941, Eccles was asked to give testimony before the House Committtee on Banking Currency, in order to obtain information regarding the role of the Federal Reserve is creating the conditions that led to the depression of the 1930’s. Congressman Wright Patman, who was chairman of that committee, asked how the Fed got the money to purchase 2 billion dollars worth of government bonds in 1933. This is the exchange that followed.

Eccles: We created it.
Patman: Out of what?
Eccles: Out of the right to issue credit money.
Patman: And there is nothing behind it, is there, except our government’s credit?
Eccles: That is what our money system is. If there were no debts in our money system, there wouldn’t be any money.

Our money now-a-days is a classic example of fiat money with no limit to the quantity that can be produced. It has no intristic value. Its primary value lies in the willingness of people to accept it and, to that end, legal tender laws require them to do so. It is true that our money is created out of nothing, but it more accurate to say that it is based upon debt. In one sense, therefore, our money is created out of LESS than nothing. The entire money supply would vanish into bank vaults and computer chips if all debts were repaid. Under the present System, therefore, our political leaders cannot allow a serious reduction in either the national or consumer debt. Charging interest on pretended loans is usury, and that has become institutionalized under the Central Bank system. Now this Mandrake mechanism (called after that comic strip character; a magician who creates things out of nothing and let them disappear again at will) by which the Central Bank converts debt into money may seem complicated at first, but it is simple if one remembers that the process is not intended to be logical but to confuse and deceive. The end product of the Mechanism is artificial expansion of the money supply, which is the root cause of the hidden tax collection called inflation. This expansion then leads to contraction and, together, they produce the destructive boom-bust cycle that has plagued mankind throughout history whenever fiat money has existed. So our modern money is a grand illusion conjured by the magicians of finance and politics. We are living in an age of fiat money, and it is sobering to realize that every previous nation in history that has adopted such money eventually was economically destroyed by it.

A good readinglist and in depth explanations are the works of Griffin, “the creature from Jekyll Island” –
A hidden history – the secret origins of the first world war ” by Docherty & Macgregor,
“Tragedy and Hope” by Quigley.  Prof. Quigley wrote accurately how an international network of financiers has created a system of financial control able to dominate the political systems of all countries through their central banks,
and of course the eye opening books of Alexander Del Mar.

Who are the original puppeteers, orchestrating the wars, famine and welfare in order to create monopolies and planned economies? It was until the 18th century that this bankster cabal finally got a jump start …

Cecil Rhodes
Cecil Rhodes made one of the world’s greatest fortunes of the 18th century. Financed by Nathan Rothschild and the Bank of England, he established a monopoly over the diamond output of South Africa and most of the gold as well. He was one of the initiators of the horrible Boer war and laid the foundation and the planning for the first world war. He formed a secret society which included many of the top leaders of British government. Their elitist goal was nothing less than world domination and the establishment of modern feudalist society controlled by themselves through the world’s central banks. In America, the Council of Foreign Relations (CFR) was an outgrowth of that group.


Belmont August
August Belmont, he came to New York in 1837 as the financial agent of the Rothschilds. He funneled vast amounts of capital into American investments, often without anyone knowing whose money he was spending. The purpose of concealment was to blunt the growing anti-Rothschild resentment that was then prevalent in Europe as well as America. When his affiliation became commonly known his usefulness came to an end and he was replaced by J.P. Morgan.


JP Morgan Sr.
J.P Morgan Sr. was brought into banking by his father, Junius Morgan in England. The Morgans were friendly competitors with the Rothschilds and became socially close to them. Morgan’s London based firm was saved from financial ruin in 1857 by the bank of England over which the Rothschilds held a great influence. Thereafter, Morgan appears to have serve as a Rothschild financial agent and went to great length to appear totally American.


John D. Rockefeller made his initial fortune in oil but soon gravitated into banking and finance. His entry into the field was not welcomed by Morgan, and they became fierce competitors. Eventually, they decided to minimize their competition by entering into joint ventures. In the end, they worked together to create a national banking cartel called the Federal Reserve System.


Jacob Schiff
 Jacob Schiff was head of the New York investment firm, Kuhn, Loeb & Co. He was one of the principal backers of the Bolshevik revolution and personally financed Trotsky’s trip from New York to Russia. He was a major contributor to Woodrow Wilson’s presidential campaign and an advocate for passage of the Federal Reserve Act.

Harry Dexter White (left) and John Maynard Keynes the theoreticians who guided the 1944 Bretton Woods Monetary Conference at which the IMF/World Bank was created. White was a member of the communist Party. Keynes was member of the Fabian Society.


Edward Mandell House was the man who secured Woodrow Wilson’s nomination for President and who, thereafter, became the hidden power at the White House. He negotiated a secret agreement to draw the U.S. into World War I at the very time Wilson was campaigning on the promise to keep America out of the war. On behalf of Wall Street, House lobbied Congress to pass the Federal Reserve Act.


Raymond Robins
Raymond Robins became head of the American Red Cross Mission in Russia after the Bolshevik revolution. Although he represented Wall Street interests, he was a disciple of Cecil Rhodes and was “anti-capitalist” in his beliefs. He held great influence over Lenin.


Winston Churchill
Winston Churchill was the First Lord of the Admiralty in World War I.  As the Lusitania entered into an area where a German U-boat was known to be operating, he called off the destroyer escort that had been assigned to protect her. He calculated that the destruction of a British ship with U.S. passengers aboard would inflame American passions against Germany and help create a political climate for coming into war.


Lordd Mersey
Lord Mersey was put in charge of an official inquiry into the sinking of the Lusitania. It was not an investigation but a coverup. He was instructed by the Admiralty to place the entire blame on the Captain of the ship. Mersey obeyed his orders but refused payment for his services and declined to accept further judicial assignments. In later years, he said the affair “Was a damn dirty business.”


Creature of Jekyll Island


History of Monetary Systems

Alexander Del Mar


Hidden History


  • Alexander Del Mar disclosed the “monetary secret of the ages” For thousands of years this mechanism was a great source of power to whoever held it. Elements of the Roman establishment drew great strength from their control over it, until its effects helped bring down the Roman empire from within. Venice’s profits from it helped spark the Renaissance. It was......

  • “Since it is quite impossible to understand the history of the twentieth century without some understanding of the role played by money in domestic affairs and in foreign affairs, as well as the role played by bankers in economic life and in political life, we must take a glance at each of these four subjects.” quote of professor Carroll Quigley,......

  •   Backstories on Maier files. The the Bank for International Settlement (BIS) was established on 17 May 1930, The following information can be found on the BIS bank’s website and can be consulted openly. It’s a good reading for everyone who wants to get to know more about the story of Rolf Dietrich, the true conspiracies and plot twists.......

  • Few economic subjects are more tangled, more confused than money. Quarrels abound over “tight money” vs. “easy money,” over the roles of the Federal Reserve System and the Treasury, over various versions of the gold standard, etc. Should the government pump money into the economy or siphon it out? Which branch of the government? Should it encourage credit or restrain......

  • A large portion of Germany’s massive gold reserves are stored abroad, mainly in the Federal Reserve in New York. But are the bars really where they are supposed to be? A dispute has broken out over whether the central bank needs to check on its gold, or if Germany can trust its international partners. Gold has been natural money for......

  • The destruction of the worldwide economic order in the wake of World War II encouraged world leaders in 1944 to form a meeting to generate alternatives. This conference, referred to as Bretton Woods, resulted in the development of a new global fixed exchange rate regime with the U.S. dollar playing a central role. Under the Bretton Woods system, an ounce......

  • The process by which money comes into existence is thoroughly misunderstood, and for good reason: it has been the focus of a highly sophisticated and long-term disinformation campaign that permeates academia, media, and publishing. The complexity of the subject has been intentionally exploited to keep its mysteries hidden. Henry Ford said it best:...

  • David Astle is a researcher who has assembled a massive database and well-argued case for the existence, in ancient times, of an international bullion brokers’ trust, allied with manipulating governments, religions, pantheons and policies behind the scenes for its own benefit and agenda.            ...

  • “Single acts of tyranny may be ascribed to the accidental opinion of a day, but a series of oppressions, begun at a distinguished period, and pursued unalterably through every change of ministers, too plainly prove a deliberate systematical plan of reducing us to slavery.” — Thomas Jefferson    American Founding Father who was the principal author of the Declaration of Independence......

  • If you’re interested in the dark, hidden backstories, reading Stephen Zarlenga’s book – The Lost Science of Money: The Mythology of Money, The Story of Power … is a perfect good start! And for those who can read between the lines also Dr. Hjalmar Schacht, his 1967 book The Magic of Money is a real eye-opener. Original German version: Magie......

  • Few people truly understand the complexities involved with central banking. Most people throughout modern history have made the terrible mistake of not understanding the relevance of their nation’s central banking scheme and a centrally planned economy to their own wealth preservation.    ...

  • The Bank of Credit and Commerce International (BCCI) was a useful tool for many powerful clients, ranging from the CIA and the Medellín cartel to Osama bin Laden, al-Qaeda, and influential figures in both the Republican and Democratic parties of the USA. When BCCI was finally shut down, as much as $15 billion had been lost or stolen—the biggest bank......

  • For those who are reading the Maier Files and guessing that the story of Otto Maier, Oskar Gross and their struggle with the occulted Criminal Banking Cartel is just a fancy tale, think again. The goal is indeed control.  They want all of us enslaved to debt, they want all of our governments enslaved to debt, and they want all......

  • The IMF and the World Bank, were created at a meeting of global financiers and politicians held at Bretton Woods, New Hampshire, in 1944. Their declared objectives were to encourage universal exchange and to settle the trade rates of national currencies. The unannounced objectives were quite different. They were the end of the gold-trade standard as the premise of money......

  • The secret origins of the financial powers …   Gold price manipulation & banking corruption The Financial Times published this: Global gold prices may have been manipulated on 50 per cent of occasions between January 2010 and December 2013, according to analysis by Fideres, a consultancy. The findings come amid a probe by German and UK regulators into alleged manipulation......