ELEISON COMMENTS DCCLXXV (May 21st, 2022) : FEDERAL RESERVE – II
In a godless society like our own in the West today, men do not want to recognise that religion governs politics, because even if “God” exists, they do not want to give Him any importance. True, He played a large part in men’s lives yesterday, but today the attitude is that “mankind has grown up, has come of age, men no longer need Him, and men have taken His place. All the glory that used to go to God needs now to go to man, and all that He need do, if He exists, is to give way graciously and leave us men alone. In any case, we can very well do without Him.”
Alas for modern man ! At every turn modern life is proving that we cannot do without Him ! Two months ago these “Comments” presented a brief history of the USA’s first three central banks, all of which were rejected by Americans, until finally the Federal Reserve was established by a vote of Congress in 1913, since when the “Fed” has gained steadily more power, to the point that it is now the undisputed master of the economical and political life of the United States. What had happened in 1913 was that a cartel (coalition of partners to promote a common interest) of leading bankers had gotten together to persuade Congress that it was in the country’s interest to hand over to them, as experts in banking but independent of politics and politicians, the supply of money in the USA.
Now this hand-over was not undisputed at the time, and it has been disputed ever since, because of the truth of a quotation attributed to a member of the most notorious banking family of all, the Rothschilds based in Europe, who said words to the effect, “Give me control of a nation’s money supply, and I care not who makes the laws.” Thus in 2022, America’s Fed is buying up not only the whole of the USA, it can be said to be buying up the world. This is because America’s dollar is the nearest thing to a worldwide currency, and so the Fed is using its mastery of the dollar to buy out the world before the dollar is worthless. (By just tapping on a computer, the Fed can today conjure into existence trillions of dollars.)
The wealth of the world in exchange for a few electronic impulses on a few computers ? That is simply unreal ! No, it is not. It is happening all around us, right now. But how is that possible ? Deep down, because materialistic peoples all over the world worship matter, worship money, and give all their trust to the masters of money. There was a time when they gave all their trust to He Who said that it is easier for a camel to go through the eye of a needle than for a rich man to enter the Kingdom of Heaven (Mt. XIX, 24). And Whose Word declared that “the love of money is the root of all evils” (I Tim. VI, 10). And Who told us that if only we would seek the Kingdom of God and His justice, all these things (material needs) would be ours as well (Mt. VI, 33). But who today still believes in God, His Kingdom or His justice ?
Is it not clear then that the real problems of society lie in the hearts of men, in what they believe and what they love ? If they did not love money, would the Fed have a scrap of the power that it has ? A famous book on the Fed, “The Creature from Jekyll Island” by G. Edward Griffin, spends over 500 pages tearing the Fed to pieces, but when it comes to proposing alternatives, the author has to admit (p. 571) that there is a problem “with all schemes involving control of money by men”. Yes, indeed ! And that problem is original sin, not solvable by the very best of politics or economics. Did not Napoleon, whose armies were in command all over Europe, once admit that his own power could not match that of the priest ?
Dear readers, forget the Fed and its delinquencies. If Abraham had been able to find no more than ten just men in Sodom, the Lord God would have spared the whole wicked city (Gen. XVIII). If you and I were to profit by our Faith to strive with His grace to become just men, how much in our wicked world might He not spare ?
Good institutions help, but if the men
Are bad, what use are institutions then ?