About This Series:
In Yesterday’s Visionaries in Today’s World, Stephen J. Bergstrom gives creative voice to visionary souls in process of awakening.
Through imaginative device, Yesterday’s Visionaries in Today’s World reveals two contrasting visions that shape contemporary existence.
In one, conquerors traverse the world as a series of endless privileges secured through material means and patriarchal oppression.
In the other, conquered and oppressed individuals and groups perceive that consciousness animates nature, humanity and the spirit of a Living Earth.
To read the completed first volume of 100 Yesterday’s ARTISTS in Today’s World, visit: https://stephenjbergstrom.wordpress.com/yesterdays-artists-in-todays-world-the-first-100/
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Acknowledging (John) Calvin Coolidge (Jr.)
My Term of Office as President of the United States: 1923 – 1929
From my perspective as President, I realized that Central Banking (the use of compound interest bearing private currency as a national money supply) would shape the public attitudes and private practices of the U.S.
The owners of the private currency system would not be denied. Prior to the establishment of the Federal Reserve under President Wilson in 1913, three previous attempts failed;
- The Bank of North America: 1781
- The 1st Bank of the United States: 1791
- The 2nd Bank of the United States: 1817
In each instance, as private currency – laden with compound interest – entered circulation, prices soared and bubbles inflated. Upon collection of compound interest, pricing collapsed and the same economies deflated.
When I took office, ten years after the establishment of the Fed, the economy conformed to the needs of the private bankers – they would put debt-backed currency into circulation as quickly as possible. Lincoln’s Greenbacks, emitted by the national government – not by private banking – did not carry compound interest.
To eliminate Greenbacks, the owners of the private currency system flooded the market with Federal Reserve Notes (IOU’s).
The resulting economy produced The Roarin’ 20’s, a debt-manufactured bubble. Rendering would come but that would be Hoover’s problem from which private currency would birth WW II.
I say all this to put the following words (though misquoted) for which I am mostly remembered in context;
“The business of America is business”
In actuality I said, in an address to the Society of American Newspaper Editors on January 17, 1925 in Washington, D.C.;
“After all, the chief business of the American people is business. They are profoundly concerned with producing, buying, selling, investing and prospering in the world. I am strongly of the opinion that the great majority of people will always find these the moving impulses of our life.”
Though I grossly understated the effects of compound interest bearing privately-owned currencies, I was the President and knew to whom my allegiance must secretly lay. Even then, the rock could not be moved.
The American people would be transformed by debt and, over time, would evolve a culture that would perpetuate debt and eventually enslave humankind.
How to describe your current state of affairs?
Artists serve you more accurately. With freedom of mind and abilities to create, artists and writers can tell you more about the effects of private currency than politicians and economists.
Consider what Paddy Chayefsky told you about the shape of your private-banker denominated world when he wrote the Oscar-winning film, Network;
“… There are no nations. There are no peoples. There are no Russians. There are no Arabs. There are no third worlds. There is no West. There is only one holistic system of systems, one vast and immune, interwoven, interacting, multi-variate, multi-national dominion of dollars. Petro-dollars, electro-dollars, multi-dollars, reichmarks, rins, rubles, pounds, and shekels.
It is the international system of currency which determines the totality of life on this planet. That is the natural order of things today. That is the atomic and sub-atomic and galactic structure of things today!”
~ Stephen J. Bergstrom