###History of American Dollar Currency #9
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)Dollar American Currency
>** *History of American Dollar Currency* **- As a result of political turmoil that originated from economic interests, in 1913 the US bankers said there had been a shortage of currency in America. Therefore, the US government can not issue currency anymore because all the gold reserves have been used.
)History Dollar American
In order for additional money circulation, a group of people then established a bank called "The Federal Reserve Bank of New York", which then sold their own owned and purchased stocks worth US $ 450,000,000 through banks: Rothschild Bank of London, Rothschild Bank of Berlin, Warburg Bank of Hamburg, Warburg Bank of Amsterdam (Warburg Family controls German Reichsbank with the Rothschild Family), Israel Moses Seif Bank of Italy, Lazard Brothers of Paris, Citibank, Goldman & Sach of New York, Lehman & Brothers of New York, Chase Manhattan Bank of New York, and Kuhn & Loeb Bank of New York.
Because these banks have large gold reserves, the bank can issue the gold-assured currency and the currency is called "Federal Reserve Notes". The shape is the same as the American currency and each can exchange.
Perkembangan Dollar Amerika
To pay interest, the American government created an income-tax. So actually Americans pay interest to the Federal Reserve. Income tax began in 1913, the same year the Federal Reserve Bank was established. All collected income taxes are paid to the Federal Reserve as interest on the loan.
Beginning in 1929, the Federal Reserve stopped accepting gold as a payment. Apply only 'official money'. The Federal Reserve began withdrawing gold-secured banknotes from circulation and replacing them with 'official money'. Before 1929, the American economy suffered a catastrophe (known as the Great Depression.) In 1931, American President Hoover announced a shortfall of US $ 902,000,000. In 1932 America sold gold worth US $ 750,000. 000 is used to guarantee the US currency This is equivalent to a 'sale of liquidation' of a troubled company.The purchased gold is purchased at discount rates by an international bank / foreign bank (exactly as it is in Indonesia today), and the buyer is owner of the Federal Reserve in New York.
Roosevelt made a series of decisions to reorganize the American government as a company. The company went bankrupt. America is bankrupt because it can not pay interest due to debt to the Federal Reserve. Due to the bankruptcy of America, the banks that are the owners of the Federal Reserve now own all of America, including its citizens and its assets. The American State is a subsidiary of the Federal Reserve.
In 1934 Roosevelt ordered all American banks to close for one week and withdraw gold from all US citizens as well as the gold-backed currency and replace it with "as if money" (currency) printed by the Federal Reserve. The year was remembered as the 'National Bank Holiday'.
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