Video: The Hidden Power: Unveiling the National Banking Money Monopoly in America
- In “The Coming Battle: A Complete History of the National Banking Money Power in the United States,” M.W. Walbert traces the history of financial power from ancient civilizations to modern times, highlighting its transformation into the control of money and credit.
- The book delves into the contentious debates among the Founding Fathers, particularly Alexander Hamilton’s advocacy for a strong central bank versus Thomas Jefferson’s fears of an unelected elite controlling the economy. Walbert meticulously documents the creation of the first Bank of the United States and its subsequent influence.
- Walbert chronicles the rise and fall of the United States Bank, detailing its political battles, financial panics and its role in engineering economic hardship through deliberate currency contraction. He portrays the bank as a powerful adversary to the government, influencing elections and opposing government efforts during the War of 1812.
- Walbert introduces the concept of the “modern money power,” arguing that it has become a pervasive force controlling global markets and economies. He calls for the “dethronement” of this power, advocating for government control over currency issuance to preserve American liberty and ensure justice for all.
- Walbert examines the 1873 demonetization of silver, portraying it as a pivotal moment orchestrated by international financiers through deceptive means.