Stephen A. Ridley Profile picture
https://t.co/auB8mVMjxQ I write. I take photos. I used to break software. Built stuff that broke stuff at Xipiter. former VC-backed founder. Professor at NYU. etc.

Apr 20, 2023, 21 tweets

I'm finishing this thread here, since twitter has locked me from appending to it:

ok, there were supposed to be about 10 more tweets here.

they disappeared. trying again one, by one:

Quick note on "Fractional Reserve" banking. They set the rules like: "for every 1 dollar a bank possesses in vaults they can loan out 10 dollars." The federal reserve also sets the interest rates. People say we are now on a "infinite reserve" system

Japan's 1980s crash was triggered by the BIS (central bank of central banks)

The BIS mandated that all central banks have raise the reserves for lending. Countries that had low reserves had to sell stocks to increase their reserves. This is what happened in Japan causing their economic crash as they scrambled to pull in cash to meet the reserve req's.

Anyway, the legacy of Banking families (interlinked with marriages and such) is very much what explains the world today. There is a direct link between banking dynasties and the Nonprofit archipelago (think: Carnegie Endowment, Pew Charitable, Rockefeller Foundation, et al

Here is Dodd Frank (interviewed by Edward G Griffin author of "Creature from Jekyll Island" btw) on Tax exempt organizations in the US (if you want a sampling start at 25:52 mark here)

Teddy Roosevelt also warned about Central Bankers before his death (even though Franklin D Roosevelt oversaw the seizure of American's savings in Gold).

Even though he campaigned on "beating the money-changers" after he won (and at behest of the Central Bankers) he would seize the private savings of Americans (who kept their savings almost entirely in stable gold) by making GOLD ILLEGAL TO POSSESS!

Theres lots of stuff I'll skip like Fort Knox (built to house the seized gold) and how public audits were hidden (altho required by law) And how the market price of gold was set $20.66/oz. But after everyone traded it in, they raised price to $35, & forbid citizens selling at 35

One bit on this tho:

Louise Auchincloss Boyer (the longtime personal secretary of Nelson Rockefeller) anonymously leaked to the press that the Rockefellers had manipulated the Federal Reserve to allow European buyers to acquire the gold.

Age 59, she fell from her NYC apartment

By WW1 Russia was the last major European power that had not acquiesced to central bankers.
The bankers set out to overthrow the Czar. Thus the bankers proceeded to back Communism in an effort to consolidate/control the wealth of Russia. Putin alluded to this at the WEF in 2022

Even Lenin admitted that his version of central planning had failed, and that he was not in control of the finances, that someone else was controlling the purse strings:

That quote is from this book:

Another important nugget I learned was:

"A Market Crash can not cause a depression."

I'd never heard it stated so simply.

A depression is caused by the contraction of monetary supply and NOT a "down market". A crash only wipes out the speculators.

The common thread from Caesar to the Revolutionary War, War of 1812, Civil War, Lincoln assassination, WW1 & WW2, Napoleon and even obscure stuff like "Lucky Lindy" is : the Bankers

Finance/Central Banking is the "Grand Unifying theory" of history of the West. It explains all.

Lucky Lindy's dad said this about the Federal Reserve:

Ok, thats enough for now. I tried to cite stuff in the thread, but here are some more citations. This documentary should be standard watching for every living person. I wish I'd found it decades ago. It is free on Youtube.

Here is a clip from the beginning of "The Money Masters" (1996)
This documentary is amateur and long, but it is PACKED. Every few mins is a new bombshell. amazing stuff.

I'll bookend this thread the way I started it, with another clip from JFKs "Secret Societies" speech. Even though "fact-checkers" try to deboonk it. The transcript [1] and full recording [2] are available online.
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[1] jfklibrary.org/archives/other…
[2]

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