Discover millions of ebooks, audiobooks, and so much more with a free trial

Only $11.99/month after trial. Cancel anytime.

Money Masters
Money Masters
Money Masters
Ebook224 pages2 hours

Money Masters

Rating: 5 out of 5 stars

5/5

()

Read preview

About this ebook

*** Super Discount - Buy 1, Get 6 ***

This is a very important bundle on money, banking and finance. It will help you make more money, invest wisely by managing debt and open your eyes to new possibilities in the world of business. Most people try to get out of debt. In fact, banks and government WANT you to be in debt - even if they say otherwise. I am going to show you how to use DEBT to make money!

This bundle is going to help you understand the money's nature so that you can acquire more of it. You'll gain valuable insights about the monetary system we live today that are going to give you an unfair advantage over the today's economy. Today, financial education is critical, because we live in a new economy. Things that worked before are no longer relevant. In fact, something that worked before can even work against you these days. You are about to learn what they are and what to do about it.

Furthermore, you'll learn what controls your financial future, because there's a "mechanism" inside of us that makes us poor - causing us to struggle financially. You'll learn how to deal with this mechanism and what to do instead.

Here's what you'll learn:

- Common lies about money and wealth and what's the truth?
- How today's system is designed, and why should you care in order to master money?
- How to "stand out" in today's economy?
- What's the best way to achieve your financial independence?
- Government secrets revealed!
- How money and power relate to one another?
- What's preventing you from getting the money you want, and what to do about it?
- How to avoid some of the pitfalls that are preventing you from the success you want?
- Common assumed constraints, limitations, and self-convictions that are keeping you poor - and how to eliminate them?
- How to master the "emotions of money?"
- And much more...

Grab your copy!

LanguageEnglish
Release dateMar 26, 2015
ISBN9781310833052
Money Masters
Author

Chris Diamond

Time management and personal productivity blogger since 2010.

Read more from Chris Diamond

Related to Money Masters

Related ebooks

Banks & Banking For You

View More

Related articles

Reviews for Money Masters

Rating: 5 out of 5 stars
5/5

1 rating0 reviews

What did you think?

Tap to rate

Review must be at least 10 words

    Book preview

    Money Masters - Chris Diamond

    Intro

    Do you think you know everything about money?

    Let’s do a little test. I am going to ask you two simple questions, and you are going to answer them to yourself. Ideally, you want to write down the answers on a piece of paper.

    Why is that important?

    You are about to test your financial literacy, because if you know what money is, you are going to have a plenty of it – it’s simple. Otherwise, you are going to try to create financial success INSIDE of a system you do not quite understand – which is equivalent to swimming along with the sharks.

    Question #1: Where money came from and why is it created?

    Question #2: How does money and the monetary system work?

    Stop for a moment, and answer those two questions based on what you know. Do not worry if you do not know the answers. I’ll give them to you in this money report.

    So, how did you do?

    Did you know the answers?

    Most of us have never been exposed to education like this, and therefore, do not know the answers.

    Do you feel confident about your answers and your knowledge about money?

    If you feel that you can get money every time you want it – without working for it – investing it wisely, and attracting more of it, then you should be pretty confident about answering the questions.

    If not, keep reading, because I am about to share with you some embarrassing secrets about money that you can’t even imagine.

    Where Money Came From?

    Back in the days, where we used to live in tribes, we spent most of our time trying to survive.

    Work was involved as a result of building and maintaining shelters, hunting, and gathering food for families.

    We traded fish for goats, or other types of animals, in order to fulfill certain needs.

    As we became more sophisticated about trading goods and services, we needed something that allowed us to sell and buy everything we wanted without having to exchange products for other products (like x amount of fish for a horse).

    After all, the person who has what you need may not need what you have for trade. That was a problem.

    Standardized unit of trade was needed - a universal currency that anyone could accept for purchasing anything, so we invented money.

    Originally, money was different. It was a form of rare special items like carved stones. American Indians were using Wampum [1]; West Africans were trading in decorative metallic objects – called Manillas [2]. Fijians were trading with whales’ teeth, decorative feathers, shells, amber, etc.

    Eventually, we stumbled upon what many consider ultimate money such as gold and silver.

    Gold became a currency, because it was rare and easy to carry around. If you do not want to use gold to buy things, you can always use it for a different purpose: like creating jewelries, using in art, etc.

    Same story with silver – if we can’t sell it, we can make useful things out of it. Today, silver is CONSUMED in the technology, medicine, science, and other industries.

    The point I want to make here is that money used to be worth something. It had certain intrinsic value in it. It was called, commodity money. [3]

    The next step in the evolution of money was to create something that was not a commodity itself (like gold, silver, and other precious metals) – but it served as a promise.

    So we invented something that’s known as representative money. [4] They were nothing more than gold and silver certificates people used to trade goods and services.

    So we no longer had to use gold and silver itself. All we had to do is to introduce a banknote that had a piece of code on it that represented a certain amount of gold/silver located in the bank. It was commodity-backed money.

    Today, if you buy an investment silver (999) or gold (24k), you’ll get a quality certificate from the refinery that made it. This quality certificate is equivalent to the representative money people used in the past.

    However, money shifted to another stage. It’s a stage that changed everything.

    In 1972, United States had a war in Vietnam. Vietnamese people did not want to accept the US dollar as their own currency. All they wanted was gold. This was a good indicator that something went wrong. [5]

    One year before that, in 1971, the President Richard Nixon announced that the US would no longer redeem currency of gold and silver – abolishing the gold standard. Since then, money became a fiat currency. [6]

    It is backed up by nothing – just a piece of paper. It was no longer a certificate of gold or silver. It’s a form of I.O.U. or a promissory note. Put in simple terms – it is based on a promise.

    Money TODAY is no different from the money in 1972. It is still based on debt, and there’s no commodity (like gold and silver) to back it up.

    Fiat currency or money is created when the government blesses or declares that the printed pieces of paper are legal tender to pay your debt.

    By the way, the word fiat comes from Latin, and it means let it be done. [7] The government says, let it be done- and now paper becomes money.

    Therefore, money today is NO LONGER real money.

    How that happened?

    On December 23rd, 1913 the Federal Reserve Bank was created. Also knows as FED. It was formed against the wishes of the US Constitution. The FED is not federal; also, it’s not a reserve. It’s owned by some of the richest European families in the world. Again, it’s not a bank, and it does not have any reserves. Since 1971, when the President Nixon took off the gold standard, FED had the power to print money as much as it likes. [6]

    Charles A. Lindbergh, Sr. 1913 - When the President signs this bill, the invisible government of the monetary power will be legalized....the worst legislative crime of the ages is perpetrated by this banking and currency bill.

    The Federal Reserve System to most people seems like it is an agency of the Federal Government. It is nothing of that kind. The Federal Reserve is a hybrid organization; it’s a partnership between the Federal Government and the private banks.

    When you look at it deeper than that, its essence is neither as a Government agency or a private company. In reality, it is a cartel.

    In other words, it’s a grouping of large private corporations in the field of banking that come together to create agreements between themselves to limit competition, preserve their profits, and eliminate all newcomers who may threaten their position.

    It’s a shocking thing to realize that something as prestigious as the Federal Reserve System at its core is nothing more than a banking cartel with those objectives.

    The Fed was not formed in Washington DC, not in the halls of Congress, but it was formed on a private island off the cost of Georgia called, Jekyll Island. This island in those days was a club called Jekyll Island Club. Its members are relatively small groups of billionaires from New York. People like JP Morgan, William Rockefeller and their business associates.

    When they went to the island they all traveled abroad private railroad cars. They had to avoid newspaper reporters at all cost. They even adopted code-names, because they were concerned that their identities of all of this small group of men might be known to the servants on the railroad car, so the word may get out. They created the Federal Reserve under those conditions of great secrecy.

    In those days was a great deal of concern among the American people about the concentration of financial power in the hands of a few very wealthy people. They call this The Money Trust.

    The cry of those days was to break the grip of the money trust. One of the primary purposes of the Federal Reserve Act, as it was promoted to the American people was just that, to break the grip of the money trust.

    They are going to write a law that is going to take the power away from the majority of people, and put it in the hands of their trustworthy politicians. Put it in the hands of the people through the electoral process. That was the propaganda behind the Federal Reserve System.

    So, what’s the purpose of the secrecy?

    When you look at the list of these people, they were the money trust. They were the representatives of the banks around the world.

    The real owners of the Federal Reserve and the Federal Reserve System are:

    a) Rothschild Banks of London and Berlin;

    b) Lazard Brothers Bank of Paris;

    c) Israel Moses Seif Banks of Italy;

    d) Warburg Bank of Hamburg and Amsterdam;

    e) Lehman Brothers Bank of New York;

    f) Kuhn, Loeb Bank of New York;

    g) Chase Manhattan Bank of New York;

    h) Goldman Sachs Bank of New York; and

    i) Approximately three hundred people, known to each other and/or relations of the owners, who hold stock in the Federal Reserve System.

    They comprise an interlocking, International Banking Cartel of wealth beyond comprehension.

    Here’s an interesting quote from Rep. Charles Lindbergh,The financial system has been turned over to... the federal reserve board. That board administers the finance system by authority of... a purely profiteering group. The system is private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other peoples money. [8]

    Here’s another quote from Rep. Louis T. McFadden:

    We have in this country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board... This evil institution has impoverished... the people of the United States... and has practically bankrupted our Government. It has done this through... the corrupt practice of the moneyed vultures who control it. [9]

    Here’s another quote from Sen. Barry Goldwater:

    Most Americans have no real understanding of the operation of the international money lenders... The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress and... manipulates the credit of the United States. [10]

    The FED conducts monetary policies – they influence interest rates and the availability of money and credit in today’s economy. It supervises and regulates all the banks in the US, and works to promote an unstable financial system due to inflation.

    Today, the Federal Reserve Bank is the largest creditor of the US Government. They decide how much you are going to pay for your house, your car, and whether you’ll have a job or not.

    In 1944 was the Brethren Woods agreement – United Nations Monetary and Financial Conference. It required all countries in the world to join the World Bank and the World Trade Organization (WTO), thus all other countries in the world had to copy the FED system. [11]

    Then, the final stage of money evolution took place. The money today does not have to be printed on a paper. With the power of technology, money is simply numbers on a computer screen.

    Therefore, banks through the Fractional Reserve System, can lend out money out of thin air, without even having it printed on a paper. Obviously, 12 Federal Reserve Banks within the United States were not enough to maintain the printed money supply.

    Every dollar you deposit in a savings account becomes a bank’s liability. Let’s say you save $1 in the bank. Now, the bank can lend out $10 – reducing your wealth through inflation. So they create ten times more money in circulation – like magic – as a result of your bank’s deposit. They lend out ten times more money than you have assets in deposit. [5]

    If you wonder how they get rich by charging you 10-15% interest via credit, it’s not 10-15% per year profit, but 110%, and it all happens behind the scenes through the Fractional Reserve System.

    If FED wants to increase the money supply, the fractional reserve is raised to 50. Therefore, for every dollar you put in the bank – the bank is allowed to lend out $50 in a form of credit. That’s how the banking system works today. [5]

    In other words, the Fractional Reserve System destroys the purchasing power of people’s money via inflation.

    Here’s an interesting quote from 4th President of the United States at that time, James Madison:

    "History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and its

    Enjoying the preview?
    Page 1 of 1