Marriner Stoddard Eccles - past Chairman of the Federal Reserve (1964 - 1948)

That is what our money system is. If there were no debts in our money system, there wouldn't be any money.

Web sites that carry excellent material around money and finance are:

Robert H. Hemphill, Credit Manager of the Federal Reserve Bank of Atlanta Georgia

This is a staggering thought. We are completely dependent on the commercial banks. Someone has to borrow every dollar we have in circulation, cash, or credit. If the banks create ample synthetic money, we are prosperous; if not, we starve. We are absolutely without a permanent money system. When one gets a complete grasp of the picture, the tragic absurdity of our hopeless position is almost incredible, but there it is.

Here are a few sites with interesting quotes on money and banking:

Daniel de Lisle Brock - How Guernsey Beat the Bankers, page 10.

No one has a right to arrogate to himself the power of circulating a private coinage on which he imprints for his own profit an arbitrary value.

With these facts before our eyes we must realise the necessity of limiting the issue of paper money to the needs and customs, and the benefit, of the community in general. Permission cannot be granted to certain individuals to play with the wealth and prosperity of society.

Videos

Below are some great videos that are informative and relevant:

	Video	Brief description
	The American Dream	Animated video - of the money system in America. A MUST view!
	Money as Debt	Excellent series on money and credit & how to get out of debt.
	Money as Debt	An explanation of how money is created and the consequences thereof.
	The Secret of Oz	From Bill Still. The best video (1:50) on the internet that deals with the banking and money system. This video is a MUST WATCH.
	Bill Still - Money	Short extract from his videos. A great 12 minute introduction to money.
	Brasscheck TV	Collection of videos covering money, banking & finance.
	GoldSilver.com	Video on the coming Debt Collapse and how the market works. First rate.
	Ron Paul & Jon Stewart	Amazing 8 minute video. All that is said also applies to Australia.
	National Inflation Association	Great series of videos that deal with that "invisible tax" called inflation, and where the world is heading economically.
	Byron Dale	Youtube channel that deals with "debt free money". A must if you want to understand the real solution to our financial problems.
	Joan Veon	Watch all her 9 videos - you will know more than most economists and bankers. Also here.
	Debt Free Money	Some Youtube videos on the concept of "debt free money".
	American Monetary Institute	American Monetary Institute's Youtube channel. The solution is "debt free money".
	Real Economic TV	A collection of videos that deal with economics - that you will not always get on the front page of the newspaper.
	Fiat Empire	A history of money. Very useful to understand how we got into this mess.
	Bankers gone wild	An article with videos that details how the American government assisted banks to decimate the middle class. Learn from this!
	The Crash Course in Money	An excellent set of videos that provide background of the world monetary system.
	Inflation is a tax	What governments do not want you to be aware of. Ben Bernanke of the Federal Reserve admits that inflation is a tax!
	QE is money printing	James Grant states bluntly that Quantitative Easing is "money printing" - just in case you though it was something difficult to understand.
	Ron Paul (uncensored)	Great video (average sound quality) - where Ron Paul lays out the truth about money and politics. Worth the time.
	A look at Argentina's financial collapse	An interesting look at what could very well happen to other countries in the developed world.

Documents

Listed below are documents that may be helpful to anyone interested in understanding how our financial system actually works, and some of the history behind the monetary system.

Attachments:

A Primer on Money - 1964	[From the Committee on Banking and Currency - House of Representatives, USA, 1964. This is a must read, since it is an official document and deals with where money comes from and how banking works.]	2229 Kb
History of banking and money in the USA	[Murray Rothbard from the Ludwig von Mises Institute covers the history of money and banking in the USA from the colonial era to WW2.]	1204 Kb
Alan Greenspan - 1966	[Alan Greenspan on gold - before he sold out to the bankers. A must read.]	89 Kb
American Monetary Act	[The AMI has drafted legislation to give the USA an honest money system. This document includes commentaries and historical observations. A great read if you want to see what legislation looks like that will bring back prosperity.]	682 Kb
Banking Act of 1959	[The Banking Act of 1959 that was passed along side the Reserve Bank Act of 1959]	496 Kb
Banks lie - Chris Field	[Chris was evited from his house. Read his story and deceide for yourself.]	838 Kb
Money Inflation in France	[A bit of history - looking at inflation in France in 1790. An interesting read since America is heading into an inflationary period, with a possible run on the USD.]	327 Kb
Fractional Reserve Banking	[An academic look at money and fractional reserve money. The article goes into the nuts and bolts of fractional reserve banking. A bit of a tough read.]	494 Kb
Guernsey Beat the Bankers	[Reprint of a 1958 pamphlet - about how Guernsey created its own money without public debt. Historically this is a great read.]	269 Kb
Jerome Daly court case 1969	[A landmark court case in the USA that deals with the Federal Reserve System, and the effects of mortages. This is a must read - and gives you an true understanding of banking.]	37 Kb
Money Market Mechanics	[Written by the Federal Reserve Bank of Chicago. This document is very hard to find, and sets out exactly how the money system works from the actual people who run the world money system. ]	1294 Kb
Monetary Reform Act	[Draft legislation in the USA that will give them an honest money system based on "debt free money". Legislation like this is all that is required to give Australia an honest money system.]	218 Kb
Reserve Bank Act of 1959	[The Australian Reserve Bank Act of 1959]	212 Kb
Secrets of the Federal Reserve	[A classic from 1950 written by Eustace Mullins]	1605 Kb
Short History of International Currencies	[An easy read about the history of money and currencies. Good if you want to understand where money comes from historically, and the role of gold and silver as money.]	241 Kb
The Mystery of Banking	[A detailed treatise from Murray Rothbard of the Ludwig von Mises Institute. A difficult read but has all the details you may need to fully understand the money system.]	1518 Kb
The Origins of Money	[An extract from a book that looks at the origins of money, and the effects thereof. Easy to read and a great starting point.]	3212 Kb