How The Elite Dominate The World – Part 2: 99.9% Of The World Live In A Country With A Central Bank

Tyler Durden's picture

Authored by Michael Snyder via The Economic Collapse blog,

Even though the nations of the world are very deeply divided on almost everything else, somehow virtually all of them have been convinced that central banking is the way to go. 

Today, less than 0.1% of the population of the world lives in a country that does not have a central bank.  Do you think that there is any possible way that this is a coincidence?  And it is also not a coincidence that we are now facing the greatest debt bubble in the history of the world. 

In Part I of this series, I discussed the fact that total global debt has reached 217 trillion dollars.  Once you understand that central banks are designed to create endless debt, and once you understand that 99.9% of the global population lives in a country that has a central bank, then it finally makes sense why we have accumulated so much debt.  The elite of the world use debt as a tool of enslavement, and central banking has allowed them to literally enslave the entire planet.

Some of you may not be familiar with how a “central bank” differs from a normal bank.  The following definition of a “central bank” comes from Wikipedia

A central bank, reserve bank, or monetary authority is an institution that manages a state’s currency, money supply, and interest rates. Central banks also usually oversee the commercial banking system of their respective countries. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base in the state, and usually also prints the national currency,[1] which usually serves as the state’s legal tender.

Over the past 100 years or so, we have seen central banks steadily be established all over the planet.  At this point, there are just 8 very small nations that still do not have a central bank…

  • -Andorra
  • -Monaco
  • -Nauru
  • -Kiribati
  • -Tuvalu
  • -Palau
  • -Marshall Islands
  • -Federated States of Micronesia

When you add the populations of those 8 nations together, it comes to much less than 0.1% of the global population.

But even though central banking is nearly universal, only a very small fraction of the global population can tell you how money is created.

Do you know where money comes from?

Here in the United States, most people just assume that the federal government creates money.  But that is not true at all.

Many are absolutely shocked when they discover that U.S. currency is actually borrowed into existence.  The federal government gives U.S. Treasury bonds (debt) to the Federal Reserve in exchange for money that the Federal Reserve creates out of thin air.  The Federal Reserve then auctions off those bonds to the highest bidder.

Since the federal government must pay interest on those bonds, the amount of debt that is created in these transactions is actually greater than the amount of money that is created.  But we are told that if we can just circulate the money throughout our economy fast enough and tax it at a high enough rate, then we can eventually pay off the debt.  Of course that never actually happens, and so the federal government always has to go back and borrow even more money.  This is called a debt spiral, and at this point we will never be able to escape it until we do away with this horrible system.

But why does our government (or any government for that matter) have to borrow money that is created by a central bank in the first place?

Why can’t governments just create money themselves?

Oops.  That is the big secret that nobody is supposed to talk about.

Theoretically, the U.S. government doesn’t actually have to borrow a single penny. Instead of borrowing money the Federal Reserve creates out of thin air, the federal government could just create money directly and spend it into circulation.

Yes, this could actually happen.  Back in 1963, President John F. Kennedy signed Executive Order 11110 which authorized the U.S. Treasury to issue debt-free “United States Notes” which were not created by the Federal Reserve.  These debt-free notes began to be issued, and you can still find them for sale on eBay today.  Unfortunately, President Kennedy was assassinated shortly after this executive order was issued, and the notes were not in production for long.

If we had ultimately fully adopted “United States Notes” and had phased out Federal Reserve notes, we would not be 20 trillion dollars in debt today.

The elite of the world love to get national governments deep into debt, because it enables them to enslave entire populations while making an obscene amount of money in the process.

Back in 1913, an insidious plan was rushed through Congress just before Christmas that was based on a blueprint that had been developed by very powerful Wall Street interests.  Author G. Edward Griffin did an extraordinary job of documenting how all of this happened in his book entitled “The Creature from Jekyll Island: A Second Look at the Federal Reserve”.  A central bank was established, and it was purposely designed to create a government debt spiral, and that is precisely what happened.

Since 1913, the size of the national debt has gotten more than 6,000 times larger, and the value of our dollar has declined by more than 98 percent.  Many conservatives are still under the illusion that we could get out of debt someday if we just grow the economy fast enough, but I have shown in another article that we have gotten to the point where this is mathematically impossible.

And most people are also operating under the false assumption that the Federal Reserve is part of the federal government.  But that is not accurate either.  The following comes from one of my previous articles

There is often a lot of confusion about the Federal Reserve, because a lot of people think that it is simply an agency of the federal government. But of course that is not true at all. In fact, as Ron Paul likes to say, the Federal Reserve is about as “federal” as Federal Express is.


The Fed is an independent central bank that has even argued in court that it is not an agency of the federal government. Yes, the president appoints the leadership of the Fed, but the Fed and other central banks around the world have always fiercely guarded their “independence”. On the official Fed website, it is admitted that the 12 regional Federal Reserve banks are organized “much like private corporations”, and they very much operate like private entities. They even issue shares of stock to the private banks that own them.


In case you were wondering, the federal government has zero shares.

According to the U.S. Constitution, a private central banking cartel should not be issuing our currency.  In Article I, Section 8 of our Constitution, Congress is solely given the authority to “coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures”.

So why in the world has this authority been given to a central bank?

The truth is that we do not need a central bank.

From 1872 to 1913, there was no central bank and no income tax, and it turned out to be the greatest period of economic growth in all of U.S. history.

But since the Fed was established, there have been 18 different recessions or depressions: 1918, 1920, 1923, 1926, 1929, 1937, 1945, 1949, 1953, 1958, 1960, 1969, 1973, 1980, 1981, 1990, 2001, 2008.

Abolishing the Federal Reserve is one of the core issues of my platform, and I have been writing about these things for the last seven years.

As I discussed yesterday, the elite use debt to enslave all of the rest of us, and central banking allows them to literally dominate the entire planet.

Until we abolish this debt-based system and go to a currency that is debt-free, we are never going to permanently solve our very deep long-term economic and financial problems.

But because they are so immensely wealthy, the elite are able to wield extraordinary influence in our society.  They control the mainstream media, our politicians and even global institutions such as the United Nations.  Anyone that would dare to question the validity of the current system is marginalized, and for a long time very few politicians around the world were even willing to speak out against central banking.

However, that is starting to change.  A new generation of leaders is rising up, and they are absolutely determined to break the stranglehold that the elite have on our society.  It won’t be easy, but if we are able to wake enough people up, I believe that we will eventually be able to free ourselves from this insidious system.

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I_rikey_lice's picture

blah blah blah ..... buy crypto renminbi buys crypto ruble buys crypto gold ....flushes bitcoin and all other cryptos down the toilet.

Rapunzal's picture

Privately owned central banks are the root of most evil.
All wars are bankers wars.

TeamDepends's picture

You kill the snake by cutting off its' head, not the tail.

Bes's picture

good thing trump's on the case.....

against flag-kneelers


fucking pathetic

loebster's picture

True. The American elite are wagging Trump's administration like they did his predecessors.

sincerely_yours's picture

They also control the unconstitutional Federal Reserve. Like they say, money talks and bullsh*t floats.

BobEore's picture

Gotta love that Mike Snyder.

He's good for endless rants about the shadowy evil what rules over us... the nameless horror of 'debt enslavement' and the age ol problem of "elites" who destroy societies...

everything and anything about the subject... cept who done it. Keep the rubes pumped, and pointlessly pronouncing pon the wrong themes... long a false trail.

"Author G. Edward Griffin did an extraordinary job of documenting how all of this happened in his book entitled “The Creature from Jekyll Island: A Second Look at the Federal Reserve”"

Just like Griffins' rip off of Eustace Mullins fine book on the same subject is the 'FEDERAL RESERVE FOR DUMMIES' version of potted history, the rest of Mike's 'evidence' of malfeasance is jus smoke n mirrors.

That because... his job is to protect the talmudist kabbablist sabbateans who started and ran the FED... the BOE... and a raft of similar criminal financial scams which are all responsible collectively for the decline of the west... just as they were for the decline of Rome. The moneypower stays silent and hidden behind the curtains...

it's minions scribble endless agit-prop to direct attention away from the usual suspects...

and shiska 'chicks' are still free - for the serial predators who run everything that matters any more.

Ofelas's picture

Countries without a central bank dominated by the Club:



and until recently: Libya


and of course: China and Russia

What do (did) they have in common?


and all the other micro states in the list ablove

TRM's picture

But if you miss on your first shot it is fun to watch the critter go nuts.

WhackoWarner's picture

With all respect I think there needs to be a fact check on this.

Far as I have read over years The Rothschild Central Bank game has still a few places left to inflict war on before acceptance.

WAS more than the few islands mentioned.

North one.

The only countries left in 2003 without a Central Bank owned or controlled by the Rothschild Family were:

  1. Sudan
  2. Libya
  3. Cuba
  4. North Korea
  5. Iran
  6. Syria
WhackoWarner's picture

So I digress as always.

Much as all the Israel talk and pipeline talk in Middle East,  Much as the fact "I AM THE USA and WTF are you doing living on top of my oil reserves?" nonsense.

Wars in Middle east continue with complete destruction amid all the lies.  But Central Banking was the gift that came in as well.

The idea of minting an African gold coin to be used in trade?  That policy killed a few folks.  (look what happened to JFK for even daring to have the thought of cutting out the Rothschild syndicate and allowing the American people to mint/print their own currency minus debt)........

And Mrs. Clinton of "I saw, I came, he died" fame oversaw a massive lie campaign to not only tie up influence and resources but to instill Central Banking.


But fact check.  In many ways over the last few decades wars were waged to install Central Banks.....

Bernie Madolf's picture

Think you can cross off Libya and add Venezuela

HRClinton's picture

Dire Straights is the favorite band of the Fed.

Their theme song is "Money for Nothing", except that they changed the lyrics a tad, to fit the Fed:

"Ah, that ain't workin', that's the way you do it

Money from Nothing and Checks for Free.  

Money from Nothing and Checks for Free. 

Queasy, easy money.

I want my, I want my, I want my checks for free."

Falconsixone's picture

Police and Military stand in the way. Get out of the way and the problem would solve itself quickly.

HRClinton's picture

But, but... aren't the Police and Military Constitution-loving Patriots?

I mean... they all keep saying that they joined out of Patriotism, so we have to believe them, right? 

Surely they'd refuse orders to beat, tear gas, pepper spray, water cannon or shoot us, right? 


holdbuysell's picture

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, Tragedy and Hope

TRM's picture

Published in 1963 I think and as true today as it was when it was written. You read that tome and look around the world and just muse to yourself "yep, the fuckers are right on schedule". 

Should be manadtory reading.

historian40's picture

The same with the Protocols of the Learned Elders of Zion.  Despite the claims of "forgery"(so there's another document with the same truths?), one can't help but see how they have come to fruitiion.


WhackoWarner's picture

Of course it is not a "forgery".  Far too accurate for that.

ONLY reason it has been claimed as some forgery is because it got out into the public domain.

Implied Violins's picture

Not a forgery, but the truth is that it existed before the Jewish nation did. The practices described in it predate Babylon.

European American's picture

Nothing, in the whole article, about those who, ARE THE CENTRAL BANKERS and who want to "Dominate" the world, i.e. the FUCKING ZIONIST JEWS!

WhackoWarner's picture

Ah well.  It so happens that one rather astute family of bankers developed a game plan centuries ago.  So happens they belong to an ethnic group, 

So happens that the trail of this plan has wound it's way through every nation with calculated action.  1913 in USA.  but then graduating to the BIS and IMF and further trying to control the debt slavery worldwide.

So happens that the actual real control and wealth behind it is buried so deep into obscure tentacles of control.

Many people have brought it up before me........every year there is a cover story perp walk of the richest fools on the this planet  and they always never log the truly wealthy. 

So all these "richest" lists are nothing more than a list of the minions of real wealth and control.


Said a long time ago about "give me the power to print a nation's currency (debt)"........and then proud Momma Rothschild saying " If my son's did not want war there would be none"......I paraphrase of course.

Names of the real culprits never makes it into the dialogue.

Proctologist's picture

Ahh, the other reason for Kennedy’s assassination comes forth.

Trump won’t make that mistake.... just a bunch of others.

Peelingtheonion's picture


One of the first, if not the first, EO LBJ signed was to recind EO 11110....he did this while on board AF1 en route to D.C., just after being sworn in as POTUS...he obviously got the memo... 

earleflorida's picture

keep em comim...

excellent read. kind sir!


pawn's picture

Apparently the w i L D W i L D W e S T is fully loaded, lately!

GunnerySgtHartman's picture

I find it interesting that TPTB have not stomped US gold and silver eagles out of existence yet, given that eagles are considered legal tender (but the face value is not equal to the actual value of the Eagle).

besnook's picture

have you ever considered that the face value is the target price for the future dollar?

GunnerySgtHartman's picture

The only thing I can come up with is that TPTB don't view eagles as a threat to their fiat dollar - yet.  The IRS assesses capital gains taxes on gold and silver, which turns people who have gold and silver into hoarders ("PMs as a means of preserving wealth").  If you hoard gold and silver, such as eagles, then you aren't using them as a form of money - which means that the eagles don't post a threat to the fiat dollar.

That being said, the sale of eagles themselves is exempt from IRS reporting requirements, but other forms of gold and silver are not.  And most places short of pawn and coin shops aren't in a position to accept eagles as payment for goods & services, anyway.

When eagles (or other forms of gold and silver) start posing a threat to the fiat dollar, you can bet that TPTB will start looking at an FDR-style gold and silver confiscation again.  The law which was the foundation for FDR's illegal gold and silver confiscation, the Trading with the Enemy Act of 1917, is still on the books!

Latitude25's picture

All 6 of those island nations use either the US$ or AU$ so they really do in reality have a central bank.

pawn's picture

Well besides some of these points. I don't think i learned this knowledge statistics in my high school mandatory economic class. Could b maybe in a private high school might get a teacher with some balls say it as sound as you have written (some people still write) might of helped my current state of being..

kellys_eye's picture

The question that never seems to get asked or answered....

Who OWNS the Central Banks?  Who are the recipients of the interest paid on the debt they create?

Name names.

ikemike's picture

Great article! Thank You! I look forward to part 3

GodSpeed_00's picture

Buy decentrlaized crypto people.

MasterPo's picture

An cautionary tale:

One evening at dinner with a fellow business owner [I own four] and long-time friend, I attempted to educate him on the pervasive lie which most of us accept as unconditional reality.

During our conversation, I took out a dollar bill and asked, "What is the difference between this piece of paper and the paper napkin on your lap, if I write 1$ on it with a green crayon?"

His knee jerk response was, "Well that is backed by the full faith and credit of the United States Government."

I then made a strategic error.

I tore the dollar bill into little pieces and threw it on the floor, saying "No sir, the difference is that you believe there is a difference." He was horrified, and has not spoken to me since.

Such is the power of the big lie...

[Beware, grasshopper.] 

historian40's picture

""Well that is backed by the full faith and credit of the United States Government."

Faith-based currency gives a whole new meaning to "In God We Trust".  What "God"?  Mammon.

The 666 hexagram above the American eagle on the US Seal, also seen on the back of the Federal Reserve Note, shows who dominates.  They put that on the seal back in the late 1700s, the zionist congress unveiled in the late 1800s chose the 666 hexagram star as their symbol, and of course, there is the "jewish state" with the same 666 hexagram star on their flag.

historian40's picture

Who owns the banks?


floosy's picture

Rothschilds, Morgans, Etc

Yen Cross's picture

   Who ever wrote the article needs her/head "hermetically" sealed in a plastic jar.


VWAndy's picture

 Team fiat includes all those governments.

Bula_Vinaka's picture

What happens when the money printer breaks down?


jack stephan's picture

Pick on me all you like, arrange all the heart tugging manipulative iambicpentameter shit that convinces people with timing cadence and all else.  And I will still say drink my Kirin ichiban piss.

First, Einstein was a patent clerk in pressing age when he flipped the world on its head.  He probably got bored, and memorized too much, he's like ....fuck it, let's just slap people around.

Second, Stanley Kubrick did Strangelove so good, so utterly believable and invented the playbook of the human factor fuck ups so well.  The "brains" at the US military rewrote the whole contingency playbook of him.

Really....and he was just fucking around.  Probably got some head and said "hey try that out, my nuts ache" 

Point is and nasty as I explain is, the world's brains are lemmings, a giant committee of head down, mouth closed little ant people. 

As wise as a magazine says, as brilliant as a online story explains, as holier than thou a intellectual explains endlessly.


To me, your a fancy dog biting at my ankles

I love it, so smack em people they ain't shit, it's all a pretty bluff.

wide angle tree's picture

The system is stupid.

East Indian's picture

And evil. Why should I borrow "money" from the central bankster and his satanic progeny banks, who conjure it out of thin air? 

Chartalism. Italy is trying to go that way, but I doubt if the evil banksters will tolerate that.

Everyone, including the govt, should have to expend (more or less) the same amount of energy to coin one unit of money into existence. That money alone is equitable. Rest are shackles to bind you. 

And no bloody fractional banking either. Banks will have to pay 100% taxes on all the debts they create out of their holes and pass off as money. 

Magooo's picture

The Protocols Of Zion
Published 1903


A one page summary



* Place our agents and helpers everywhere

* Take control of the media and use it in propaganda for our plans

* Start fights between different races, classes and religions

* Use bribery, threats and blackmail to get our way

* Use Freemasonic Lodges to attract potential public officials

* Appeal to successful people's egos

* Appoint puppet leaders who can be controlled by blackmail

* Abolish all rights and freedoms, except the right of force by us

* Sacrifice people (including Jews sometimes) when necessary

* Eliminate religion; replace it with science and materialism

* Control the education system to spread deception and destroy intellect

* Rewrite history to our benefit

* Create entertaining distractions

* Corrupt minds with filth and perversion

* Keep the masses in poverty and perpetual labor

* Take possession of all wealth, property and (especially) gold

* Use gold to manipulate the markets, cause depressions etc.

* Introduce a progressive tax on wealth

* Replace sound investment with speculation

* Make long-term interest-bearing loans to governments

* Give bad advice to governments and everyone else




"I care not what puppet is placed on the throne of England to rule the Empire, ... The man that controls Britain's money supply controls the British Empire. And I control the money supply."  Nathan Rothschild


 “Once a nation parts with the control of its currency and credit, it matters not who makes the nation’s laws. … Until the control of the issue of currency and credit is restored to government and recognized as its most sacred responsibility, all talk of the sovereignty of parliament and of democracy is idle and futile.” — Mackenzie King, Canadian Prime Minister 1935-1948.


"I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men." - Woodrow Wilson, after signing the Federal Reserve into existence


“Some of the biggest men in the United States, in the field of commerce and manufacture, are afraid of somebody, are afraid of something. They know that there is a power somewhere so organized, so subtle, so watchful, so interlocked, so complete, so pervasive that they had better not speak above their breath when they speak in condemnation of it.”  ? Woodrow Wilson


Skip to 1:34:40



Jtrillian's picture

It's not that hard in concept.  All you need to do to control the masses is:

1. Control the media.

2. Control the money.

3. Control the corporations.

4. Control the government. 

Considering that wealth and power tend to consolidate over time, it's understandable that a select few would eventually control most of the people. 


Eventually there is enough human suffering (usually due to starvation) to motivate the masses to revolt against their oppressors.  Such revolts are typically very bloody and are in no way chivalrous.  Atrocities are wide spread and are committed on both sides.  Human rights goes out the door.  And when it's all said and done, there is ZERO guarantee that things will be any better for the masses as the psychopaths line up to fill the power vacuum. 

Note: The masses would have probably already revolted against their oppressive governments globally if it wasn't for the unprecedented use of Opoids, NSAIDS, and antidepressants, all of which destroy the brains empathy and effectively numb us to the point of APATHY  instead of ACTION.   This is also one of the main reasons many people believe that fluoride was used in water supplies - to pacify resistance. 

For historical reference of such revolts against oppression, see the end of the Roman Empire, the French Revolution, the Russian Revolution.  There are others but these will get you started...

The moral of the story? 
1) Don't let your people starve.  If you do, they have a tendency to revolt. 
2) Wealth and Power tend to accumulate over time.
3) Extreme wealth inequality leads to social unrest and eventually failed states.