MICHAEL WALSH REPORT: As it seems obvious, I have never heard anyone question who owns the U.S dollar. The democratically elected state owns and manages America’s currency. Not quite so quick: It belongs neither to the government of the United States nor, being a republic, to its people.

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The actual dollar has not existed for 110 years. It ceased to exist in 1913 when it was effectively killed off. Since then, what we think of as the American dollar is actually a Federal Reserve Note. Next time you pick up a dollar bill, check it out: It says so right at the top.

Does it matter? Well yes, it does actually. Before 1913 the U.S. dollar had a global value just as silver or gold does. On the other hand, a Federal Reserve Note is a DEBT dollar. Like credit on your bank card, it doesn’t actually have any real value.

It is a figure on a digital spreadsheet and that is all. Don’t try this at home but print counterfeit notes and offer them in exchange for goods or services and you’ll see how valid YOUR dollar is. Do you get the picture?

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Remember to print the word ‘Federal’ on your Mickey Mouse home-printed money. This way it sure begins to look like it is state-owned. In fact, the Federal Reserve is no more state-owned than is the commercial company Federal Express. The Federal Reserve is a wholly independent, private, untraded and unsupervised banking corporation whose board is made up of a shadowy cabal.

This unique banking corporation. It is unique because there is none other like it in the world. It has the exclusive right to print U.S. dollars or rather Federal Reserve Notes that we think of as the dollar. It is America’s only legal tender. The American government is as powerless as you are to print money. Only the Federal Reserve can do that.

Wake up to being a tax slave on a plantation owned and badly managed by the Federal Reserve Bank. When you slaves need to borrow money (credit) you sign an undertaking to repay the loan and your bank allows you to increase your digital debt. When in the same way your government needs money, it prints IOUs. They call them promissory notes; it sounds better that way.

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These promissory notes – IOUs – it then sells to the Federal Reserve which then prints the dollars to the amount requested and tops up the government’s credit card at 2 per cent interest.

In this way, the American people; well everyone who owns US dollars, are instruments of debt to the Federal Reserve. Where are you going to get your hands on that 2 per cent interest? You the debtor cannot print bank notes to that amount: Why, because you get them from the Federal Reserve of course. The Federal Reserve is making interest money on fantasy Mickey Mouse figure money that does not actually exist.  

You read your history books and you were all ears as America’s history was taught at school. Do you recall hearing about the state-owned plantation conglomerates throughout the Americas? These plantations were largely U.S.-owned. The plantation workers were employed by the company: These paid the employees in tokens which could be spent only in the company store, which of course was owned by the owners.

Since then, the system has become more sophisticated but for absolute clarity each of us is shackled into to the system just as were those plantation coolies.

Bet you wish you had thought of it first. In the United States, just 1 per cent own 60 per cent of the nation’s raw wealth. You won’t see that on the Jefferson Monument or the Statue of Liberty’s proclamation. BEAT PRESS CENSORSHIP BY POSTING OUR STORIES ON SOCIAL MEDIA