The Goldsmiths

By Author: David Healing
Total Articles: 1
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This is a short and simple story. It may be called a fable, but it is true in its portrayal of how our present money system evolved.

Many years ago, a certain rich man wanted to go abroad for a two-year vacation. He owned, in cash, ten thousand shekels of gold. He could not take the gold with him because of its weight and the danger of being robbed; so he went to a goldsmith to ask if he could leave his gold with him for safekeeping. The goldsmith, who had a large secure storage facility similar to a vault, wanted to be paid to keep the rich man's gold. He asked for 10% or 1000 shekels to which the rich man agreed. The rich man deposited his gold with the goldsmith, obtained a receipt for it and then left on his trip abroad.

As soon as the rich man had left his gold and departed, the goldsmith told his helper to go and spread the word that his master had a few shekels of gold to loan to financially secure customers at 15% interest. Soon the borrowers came. One wanted 50 shekels; another wanted 100 shekels and so on.

To the goldsmith's surprise, most borrowers did not take delivery ...
... of the gold. Instead, all they wanted was the goldsmith's receipt saying, I owe you X number of gold shekels which could be used to claim the gold when they wanted it. In modern terms, they had what we call a demand deposit.

As the days proceeded, the goldsmith had loaned out all of his 1000 shekels, which were drawing 15% interest. Yet, nearly all of the shekels were still in the vault. The only people who took their gold were a few of the small borrowers, the others only wanted receipts (IOU's) showing the goldsmith held their gold and that they could have it whenever they needed it.

As time went on, the goldsmith found that the people were accepting his receipts in payment of goods and services rather than using the gold. When the occasional person did claim his gold and used it in payment of goods etc., the one who received the gold brought it back to the goldsmith for safekeeping and accepted an IOU.

This gave the goldsmith a terrific idea.

The goldsmith's terrific idea of 300 years or so ago has grown into the international bankers' one world order of today.

This letter will not be concerned with all the history between the goldsmith of years ago and today. It is enough to know that almost from that day to this the private moneylenders (banks) have implemented a plan that has made them the fiscal agents of virtually every country in the world. This plan was The Private Debt Money System. Under that system it is never possible for a country to pay off its debt. The debt will forever increase. The following three points may be difficult and even impossible to believe at first. Our understanding of the present world situation will never be complete until we come to know them as true. The following statements are spoken about the countries of United States and Canada, but they can be taken as true for most countries in the world today.

First, The Private Debt Money System with its guaranteed ever-increasing debt eventually forced both the USA and Canada into bankruptcy. USA was forced into bankruptcy in 1933 and Canada soon after.

Second, your federal taxes do not go toward financing the operation of your country. United States citizens pay their taxes to the Internal Revenue Service (IRS). Most Americans believe that the IRS is an agency of the federal government. It is not. It is an agency of the International Monetary Fund (IMF). Canadian citizens pay their taxes to the Canada Revenue Agency (CRA).

Most Canadians believe that the CRA is an agency of the federal government. It is not. It too is an agency of the IMF. All income taxes paid by all Americans and all Canadians eventually end up deposited with the World Bank.

The fact that our taxes end up with the World Bank should validate for us that the first point above is true. When a corporation goes bankrupt the bank will step in and appoint a receiver to act on its behalf. All finances generated by the corporation are sent directly to the bank because the bank is now providing all the operating finances of the corporation.

If our taxes don't finance the operation of the federal government then what does? Or a better question is, how does the IMF (or World Bank -- same thing) provide the operating funds to the corporations of UNITED STATES and CANADA?

This brings us to the third point. They do it via your birth certificate! Most of us have assumed that our birth certificate is just that - a certificate recording the information of our birth and nothing more.

The following is taken from Robert Arthur Menard's book, Bursting Bubbles of Government Deception, and lets us know just what our birth certificate represents to the government and the World Bank.

BIRTH CERTIFICATE. A formal document which certifies as to the date and place of one's birth and a recitation of his or her parentage, as issued by an official in charge of such records. Furnishing of such is often required to prove one's age. Black's 6th.

Note: A Birth Certificate is a negotiable instrument, a registered security, a stock certificate evidencing, or representing, the preferred stock of the corporation and against which you are the surety; it is a pedigree chattel document establishing the existence of our straw man, a distinct artificial person with a fictitious name; it is a document of title to a straw man; it is a warehouse receipt for your body; delivery receipt; industrial bond between you (flesh-and-blood man or woman) and the industrial society and corporate US Government (artificial person).

If this wasn't such a sad story it would be laughable watching the antics our politicians go through as they pompously argue and debate in the House of Commons, or extol the welfare of the economy during their campaigning before an election.

Copyright David Healing


About the Author by David Healing A Human Being and natural person as defined in law

David Healing is the author of the popular book entitled The Insidious Coin For a complete overview of how the private debt money system oppresses the poor and bankrupts the citizens of the world visit http://www.privatemoneysystem.com

This article may be freely distributed as long as the author bio stays intact.