Latest / Man in America Podcast / The $40 Trillion Debt Bomb and the Fix That DC Won't Touch w/ Bill Still

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The $40 Trillion Debt Bomb and the Fix That DC Won't Touch w/ Bill Still · Man in America Podcast

• 0:15
  Speaker 1: Welcome to Man in America, a voice of reason in a world gone mad. I'm your host, Seth Holehouse. If you look around at the world today and you say to yourself, something seems kinda screwed up, and you go down the journey of rabbit hole after rabbit hole and trying to understand what on earth happened and how did we get here, a lot of those rabbit holes will lead you to one thing, which is the central banking system. And you start to understand that a lot of the current problems and issues and everything that's going on with our country and our world, these things are tied directly into the banking system, which is really, if you look at even biblically, what's the one example that we got of when Christ was angry is when he flipped over the table of the money changers in the temple. And so I think there's a lesson there.
• 1:11
  It wasn't just about, hey, do not conduct, you know, commerce in this sacred area. But I think to me, it was actually much bigger. It was about the system of usury that has opened up a loophole for the people that own the money and control the money supply to enslave those that they lend that money to. And if you look at how to understand this, there's one documentary that I would say is the best that I've found that doesn't just talk about the Federal Reserve or some of the more current issues, but really traces things back to ancient Rome, back to the origins of this system and how it kind of wound its way through history to build what is now this massive behemoth of this global central banking empire. And that documentary is called the money masters.
• 2:02
  And just so happens that this year is the thirty year anniversary from '96 when this documentary was first put out. I have the documentary uploaded to my channel, which I'll make sure is is, linked in the description for the show, so you can go watch it. It's a long, you know, documentary, it's three and a half hours long, but if you wanna understand the banking system, what's happening, it's honestly probably the best single place I could point you. Now, the man behind this documentary is a guy named Bill Still. Now, Bill Still, I remember when I first came across, like, who is this guy?
• 2:35
  This is this is brilliant. What an amazing man that put this out thirty years ago. And he's not someone who does interviews very often. He hasn't done an interview in quite some time, but he his team actually reached out to me. I'm not sure how they found me or what gave them that that initiative to do that, but they did.
• 2:54
  And so Bill is actually gonna be my guest today. And so I feel similar to when I've interviewed people like, know, g Edward Griffin, the person behind Creature from Jekyll Island or some of these these just amazing people that you get an opportunity to sit down with. Today, I get that opportunity to sit down with Bill Still. Now he's older. I think he's, you know, around 80 years old.
• 3:15
  Right? So I'm 40 this year, and he says he's, you know, twice my age, in in some of our discussion. And so I will just give you a little bit of kind of warning heading in that, you know, his his mind isn't as strong as it used to be. And so there's a handful of times in this discussion where I ask a question, especially getting into more of these historical details that fascinate me where he's not able to really kind of paint the complete picture of that. And and he openly admits it and says, look, I'm sorry.
• 3:38
  He's he's kind of lost his train of thought. So just keep in mind that that's part of this discussion, but that's also part of the reality of what happens in the process of transferring this knowledge and wisdom from the elders to the next generations. And so, thankfully, he's put so much of this, his life's work into this documentary, which you can watch for free in the money masters. But I'm trying to do my duty to help transfer some of this wisdom and knowledge into the next generations. And so maybe I can help to carry a small part of the torch that he's carried for most of his life.
• 4:11
  And so I think it's still a phenomenal interview, and it's something of sitting down with this person that has just this depth of understanding and this history behind him and the wisdom that comes from seeing eighty years of these systems playing out. So I hope that you enjoy this interview. Again, I'll put the link to his documentary, The Money Masters, in the description to the show, and let's just go ahead and dive in. So this is the interview with the legend Bill Still. Mister Bill Still, it is such an honor to have you on the show.
• 4:42
  Thank you so much for being here with us today.
• 4:44
  Speaker 2: You must be very easily honored.
• 4:48
  Speaker 1: Well, it's, it's not often I get to interview people that were doing the kind of work that I'm trying to do now, you know, arguably almost before I was born. I was born in 'eighty six, and I think you've been at this for, for quite some time. So I I look at you as a a legend in this arena of trying to get, you know, in a lot of ways, a lot of very controversial truths out there. So I I I certainly am honored.
• 5:12
  Speaker 2: Yeah. Well, a legend in this case means that, you're broke. Because there's one there's one key phrase that is the truth on monetary reform, and that is there's no money in monetary reform.
• 5:27
  Speaker 1: There you go. There you go.
• 5:29
  Speaker 2: It is the probably the most difficult subject to not be attacked by talking about.
• 5:37
  Speaker 1: It's a dangerous one.
• 5:38
  Speaker 2: There's lots of money in it. It's all about money.
• 5:41
  Speaker 1: It is. And so I first came across you through your documentary called Money Masters, which I'll pull up briefly. And I actually it's even uploaded to my own, channel because I I just had to share it with people. Was so impressed with it. So this is your documentary.
• 5:56
  Actually, this is the thirty year anniversary since your documentary came out. And it was a very, very profound document for me to see because it didn't just trace things back to the Federal Reserve. It looked at really the the history of money, debt, usury, going back even to ancient Rome. And it was really helpful in understanding the world that we see around us. And so I guess I'll let you start wherever you want to in this and trying to help us understand the modern kind of global banking system that is really ruling a lot of our world now.
• 6:39
  Where did this start? Where where are the origins of this? How far back did this did this system go?
• 6:47
  Speaker 2: Well, either back in the ancient Rome or, to the time of King Henry the first, about November. Let let's start there.
• 7:03
  Speaker 1: Okay.
• 7:06
  Speaker 2: King Henry was a very interesting guy. He was he did not follow the traditional pattern of monarchs of of that era or any era subsequently. And that's he was really interested in improving the lot of the common man. And, so the the prob This all goes back to gold money. The the problem with that is that gold is easily hypothecated.
• 7:38
  In other words, since you really can't walk around with a bunch of gold coins in your pocket pocket to buy things, have to have it hypothecated into something else, into some kind of paper. And inevitably, that hypothecation leads to cheating. And so no matter how honest the goldsmith was, it was just too tempting. He could print up little receipts for his gold money and print up more receipts than he had. And it's just as simple as that.
• 8:16
  That's the same pattern that goes on and on and on over and over and over, just with a different name. And now it's called the Federal Reserve System. And they're just hypothecating money. And and so actually, that's why I've always been opposed to gold as the basis of a of monetary policy, because it's the same thing back through all of history. Whenever gold becomes money, then it's hypothecated and it's easy to cheat on.
• 8:47
  So what King Henry did, not wanting to actually use a paper solution, was he came up with the concept of the tally stick, which was a a stick of hazelwood, and it could go from about, this size to I held the biggest one in the in the collection of, the British Museum in in my, Money Masters film. It was about, I don't know, four feet long. Red represented 25,000 pounds. Yes. Now here, yeah, more typically hazel.
• 9:23
  But in in other yeah. Those are nice tall and those are fairly big tally sticks too. So were even tally were even used for common transactions going to the store, wherever the store was back in those days, you know, you could you could spend tally sticks for it. The king encouraged that, because it had notches in the stick which and then the stick was split down the lengthwise, so it had come out in two pieces, but the notches would be identical. And so those would go into the king's treasury and if anybody was ever caught counterfeiting or suspected of counterfeiting, they could compare tally sticks.
• 10:08
  If, you know, if if it was an illicit one, then there would be no absolute comparison, so he would be guilty. But, so anyway, tally sticks, November. And, those worked even though it sounds like a really weird way to have a money system and complicated carving notches into sticks and stuff, It was the most enduring money system in the history of Great Britain and maybe the world. It lasted for seven eighty years in England and was only eliminated in the 1850s or something like that. So non gold based money tally sticks.
• 11:02
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• 11:18
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• 11:44
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• 12:14
  Because I think if you look at, you know, what is money, right? Because we're, you know, like a lot of things where when you're born into it, you just accept it as it is. You accept, okay, that's gravity. Gravity, yeah, glues you to the ground. This is what plays this role.
• 12:29
  But when you look at these tally sticks and really what is money, obviously, in earlier civilizations, they would have barter systems. Right? Where if you were a farmer, you could trade x commodity for y commodity. And but, obviously, if you need y commodity, but you have z commodity, and that person doesn't need that commodity, having some sort of monetary instrument becomes helpful and useful because it creates a a an easier system of exchange of value. And so with these tally sticks, what was how were they used?
• 13:05
  I mean, you can see out in the picture, you can see that there are obviously, there's writing on them, then you can see there's these little notches in them. But what was what was the function of how did those serve as a kind of a a in between exchange of value?
• 13:23
  Speaker 2: You know, that's a really excellent question, and I must admit I do not know the answer to that. I would have to refer to to the the Bank of England, and I I just don't know. I I don't know exact I know that they made them small enough so they could be carried in the pocket of the average person and used in trade. That's the end of it.
• 13:48
  Speaker 1: I see. So it was actually so basically, the stick itself, you could kind of give a stick in exchange for something. Right? This became, instead of, say, having a dollar bill with a piece of a number written on it, these tally sticks were in in in and of themselves.
• 14:02
  Speaker 2: Yeah. The number was the notches.
• 14:04
  Speaker 1: I see. Okay. That represented value. And so
• 14:08
  Speaker 2: Just to go off on a little sidekick if I could.
• 14:10
  Speaker 1: Please do. I I love sidekicks. That's where the treasure is found.
• 14:14
  Speaker 2: Well, when we were filming it, we really didn't know what to expect. There were two guys and myself. And we devised this plan so that we were filming on little SD cards. And so we would film for a few minutes, and then we'd take that SD card out. And one of us would hide it on his person, stick a new SD card in, because it was the back of England, the literal mothership of this whole thing.
• 14:46
  And, so anyway, we we tried we tried to make all these fancy schmancy ways of, being able to use the film that we got. And at the end, the gentleman's name was John, and I think it was Wadsworth was his name. He was the curator of the Bank of England. He was the one that spoke to us and brought tally sticks out to us and explained the whole deal. And in the end, I asked him, John, why did you even let us in here?
• 15:18
  You know, I've talked to you twice on the phone. You knew exactly where I was coming from. You know? And it's in direct opposition to the gold money system that we thought you represented. And he went, well, no one's ever asked before.
• 15:39
  So in other words, just because we were bold enough to give the guy a call and set up a an appointment and come see him, that was all it took. He he was very he was charming, and he was very open and, willing to tell us everything about, whatever we needed to know. So just a word to the wise, you know, try things. Try things even though they might be scary.
• 16:06
  Speaker 1: Yeah. Very, very good point. And so looking at going back even to looking at Rome and understanding usury. So you can see how the tally sticks, which are a good example, that it's just a it it almost like that it's an independent system. The sticks are created, they have their value, and they just become this kind of, I guess, this currency, this this monetary instrument of trading value.
• 16:33
  Speaker 2: Yeah. And they come up to to to jump in, now now my my aging brain has retrieved some bit of knowledge on Rome. And and, you know, Rome started out with what was before silver coins. But anyway, then they went to silver coinage, then they went to gradually went to gold coinage. And as soon as they went to gold coinage, they were essentially, they were done.
• 17:03
  Because what hap happened then was a gradual debasement over a period of three or four hundred years where it in ended up these gold coins ended up being 5% gold. You know, and that's that's, that's typical. That's that's the the problem with this whole system. Other people are making money off of the ability of a nation to have its own money.
• 17:29
  Speaker 1: That makes sense. And and that gets into just the whole idea of usury, right, which is from my kind of very, very elementary understanding, it's basically saying, I've created this money, and you can use this money. But if I give you a dollar to fund your monetary system, you owe me a dollar and 1¢ back, but I only gave you a dollar. So you'll never be able to actually pay back the interest on that dollar. And so when when did usury start kinda coming into the system?
• 18:02
  And because I know that even at one point, the Catholic church was in strong opposition to usury, but at some time along history, they changed their tune, and now it's just it's as normal as seeing the sun in the sky.
• 18:14
  Speaker 2: Yeah. Rather than change their tune, it's just they they put up the, we're ignoring that problem wall. And, you know, to to answer that question, I'm sorry, but I I really can't give you a coherent answer on that.
• 18:30
  Speaker 1: That's okay. That's okay. Whatever whatever whatever you wanna kinda respond to with or whatever you wanna take it is absolutely fine.
• 18:39
  Speaker 2: Let's just move up to The United States. Lots of people like to start with Lincoln, and that's because Abraham Lincoln was the best example of, a righteous use of the money system. He wanted to, fund the American Civil War, and so he went to New York to borrow, you know, large sums of money from the New York bankers. That's where you went. And they wanted to charge him 36% interest to fund the war.
• 19:07
  And he came back, and he had one of his advisers said, you know, there's this other way of doing it.
• 19:15
  Speaker 1: Okay. So Lincoln needed to fund the war and wasn't gonna be you know, wasn't gonna sell his soul to the New York bankers in essence. And so what what did he create? What did he do to to fund it?
• 19:29
  Speaker 2: Well, he he knew. This this started out during the American, Revolutionary War when continental currency came in. And continental currency has always had a really bad rap amongst, the gold money people primarily because, oh, you know, they just overblew the amount of currency and blah blah blah. Well, they didn't the the founding fathers didn't do that. They actually created the right amount.
• 19:59
  What happened and what you never see in history books is that the inflation of that currency was, Great Britain's use of, monetary policy, by bringing over loads of counterfeit American currency, and they spread that throughout the colonies. And in fact, Old Route 1, which runs up and down the Eastern Seaboard, was improved primarily by the counterfeiters to help their distribution of their counterfeit money. And so when George Washington at the end said, you know, you can't buy a load of provisions without a load an equal load of this paper money. That's that was the situation towards the end. But it wasn't because of an inherent flaw in the system that, the American founding fathers implemented because they didn't have any choice.
• 21:03
  They didn't have gold money. They didn't have silver money. They were new to this continent. And so they had to make up they were forced into the correct solution, which was just creating their own paper money without charging interest to the people who used the money. And so that was that was a good thing.
• 21:29
  And, in any case, Abraham Ham Lincoln was advised of this by someone in his group, and he once again he didn't really have an alternative. So that's what he went with and so he devised the greenback dollar and it circulated very well and without inflation and they there wasn't anybody in the South, who is smart enough to do the same thing Great Britain did, namely counterfeit it. And so it worked, served the nation very well and, did for a number of years. And in fact, it it served the nation until 1972 actually, when, you know, it was, gradually and it wasn't really phased out. It's still, good for trade right now.
• 22:26
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• 24:16
  Speaker 2: This is a United States note. It's the main reason you can tell it is a United States note instead of a Federal Reserve note is because US notes have the red seal. Federal Reserve notes have the green seal. The money in your pocket is the green seal Federal Reserve note. That's a a note produced as an interest bearing debt.
• 24:41
  And that's exactly why at this time, we are trillions of dollars in debt. And it the the solution is is so incredibly simple, and that is that we just merely need to bring the red sealed money back and start pumping it into the system at the same time that the green seal money is removed from the system and burned. The Federal Reserve notes every one of them should be destroyed and replaced on a one for one basis only with the red seal United States note.
• 25:25
  Speaker 1: Okay. So to look at this, I always like using analogies and metaphors, to understand these things. And so, you know, we we homeschool our children, and we have, every Friday is our homeschool day, so we've got kids running everywhere. It's usually my girls are two and five, so homeschool is, you know, me dressing up like a monster and chasing them around, or we're building forts in the woods or these kinds of things. But let's just imagine
• 25:50
  Speaker 2: I homeschooled four children myself.
• 25:53
  Speaker 1: There you go. So let's just imagine that I had 10 kids, and they wanted to have their say that those 10 kids represented a country, and they wanted to have their own little currency for trading among themselves. So the greenback would be the equivalent of me, say, I print out a paper with a 100 little squares on it. Each one has a little number one on it. And so these are your money tokens.
• 26:13
  And I make them, and I give them each these little tokens, and they can use those among themselves to trade in value. So that's kind of the greenback, whereas the sorry, the red yeah. The greenback. Whereas the other the current system is that I have this little country of these 10 children. It's the homeschool country.
• 26:28
  And a banker comes in and says, hey, Seth. I'm gonna lend you some currency to use in your country, but you're gonna owe me for it. And so I'm like, okay. Well, they they understand currency, so they give me their own notes, but their notes are their seals, and their notes are owned by them, and there's interest paid on those notes. Whereas my little papers I make, you can imagine that they could circulate and they have their own little healthy economy that could be used.
• 26:54
  Whereas the other one, as soon as I as the, say, owner of the country accept the bankers printed currency that they control, I'm in essence, I become a debt slave to that banker, and I don't even own my own country anymore. And then all of my homeschool constituents are now enslaved to the banker through me as well. Is that a simple analogy
• 27:17
  Speaker 2: that Right. If if if for no other reason than their kids and they don't understand that that people can cheat and stuff like that, so they just accept, you know, whatever you give them and go with that. And that's exactly the state the American population is right now. They they think that someone coming on like me who's saying, you know, your your current money is really the counterfeit money and they're they're raking off a huge $1,000,000,000,000 a year off of you in their interest and it's it's not necessary and we could wipe it out in a single year. President Trump could wipe out the national debt in a single year merely by it by issuing United States notes instead of Federal Reserve notes, wiping the Fed out.
• 28:06
  Now from a a political standpoint, I I don't, recommend that you actually say, we're gonna wipe the Fed out. No. We're gonna say, well, we're just going to take away some of the Fed's power. And the the Federal Reserve does a great job of clearing checks, so we're we're gonna make that their only power. They don't have any power to determine the quantity of money in the system.
• 28:32
  That's all you have to do. And then just issue Lincoln's greenbacks back into the system, destroy every Federal Reserve note on a one for one basis. The the money the the quantity of money in the system remains the same. And that's what the constitution calls for. The US constitution demands this, and we're ignoring it.
• 28:56
  People are deliberately trying to misinterpret when this was let's see, this was a Supreme Court decision back in 1884 that said, yes, The United States note interest free United States notes are what we should be using, but it's it's not been followed.
• 29:16
  Speaker 1: And it seems like the problem is that whether it's certain US presidents or certain leaders around the world, when they start taking those actions, they end up with a bullet in their head. Yeah. Right. I mean, seems like that's the sacred cow you can't, you can't touch because it would then, again, it would then separate us from the control that the central banking system has on us. And so looking into that mechanism, where where would you say when you think about, you know, central banking and the the centralized banking system, would it be accurate to say that the seat of that throne is the city of London?
• 30:02
  Is that where the kind of head of the octopus is?
• 30:07
  Speaker 2: It may be. I don't know exactly, and I have I have searched this out a little bit. When we were filming the Money Masters, we were trying to get a shot of the Bank of England, and it's very difficult because it's in a very crowded area and you just can't find a good place. But we found one place, but I had to climb up the escape ladders on the side of a building to get a good shot of it. So up I went, and you know, was just me.
• 30:36
  I knew how to run the cameras, of course, and everything, so it was just me and I carried a camera. I set it up and got stood in front of the camera and started reading my script. And a couple of Barbies come up below, and they go, excuse me, sir. Do do you know where you're standing? No.
• 30:57
  I don't. That's the lord mayor of London's office. He would like you to come down. Interesting story, that is all.
• 31:06
  Speaker 1: Of course. And so, when we get into the banking system, very commonly, you everyone's pointing the fingers towards the Rothschild family. And which, know, and and you cover this pretty extensively in your documentary, and through my own research, can see that, yeah, they've done a good job at really kind of seizing control of that system. So but I guess, walk us into, and whatever, you know, kind of comes to mind, whatever you can pull out of your mental filing cabinet that's accessible for you, what, how do you trace back this, like, this current banking system, this Rothschild or the London based city of, you know, city sorry, Bank of England, where does that trace into? And how how did that power become so centralized out of there?
• 31:55
  It's such a such a strong control on the global monetary system.
• 32:01
  Speaker 2: Well, it happened during a you know, my memory just is you're asking me a series of questions that I've written on and I do not really remember. It happened to do with a particular crash in the English stock market where, Lord Rothschild, was able to buy up, a huge percentage of it for pennies on the dollar. And so the Rothschilds essentially took control, but thereafter, it's much more difficult to trace the historical tentacles over to The United States and their system. We can assume that it was Rothschilds, but I can't prove it. So I'm I'm sorry to not be fully
• 32:49
  Speaker 1: Oh, that's okay. And I mean, and I know these these even these things are difficult to, you know, to kind of ascertain, but you look at people talking about, they say, Oh, Elon Musk is the wealthiest person, and he's worth this much. And But I think it's like, Okay, well, your family's controlled large swathes of the global banking industry over time, do you have And this is probably not easy as well, but if you had to take a guess, what would you say that the the accumulated wealth is of the Rothschild banking empire?
• 33:21
  Speaker 2: No idea. I would never even make the attempt because, right now The US is $39,000,000,000,000 in debt. 31,000,000,000,000 of that is held by the public. We're responsible for it. And lost my train of thought again.
• 33:43
  I'm sorry.
• 33:43
  Speaker 1: Oh, that's okay. That's okay.
• 33:45
  Speaker 2: In in any case, those are the only only numbers that I really have. But the whole point is that that really doesn't matter. What matters is curing this problem because it's about to kill this country. We're the the debt is not going to be erased. It's not not going to be reduced.
• 34:10
  It's going to continue unabated until a cataclysmic, explosion happens financially, and, who knows what's going to happen from there. Unless you just provide the simple cure that the constitution calls for, that's all we have to do. But is eliminate. Let me elucidate as long as my memory is permitting me. You've got to eliminate the ability of banks to create money out of nothing.
• 34:50
  Right now this is called fractional reserve lending, and most sources that you'll read say that, well, you're supposed to banks are supposed to only lend out nine or 10 times the amount of money they actually have. Well, why should they lend out any money that they don't actually have? Number one. But they they don't even follow that. We found out during, the congressional investigations after the 1998 crash that, the biggest banks, JPMorgan, etcetera, were leveraged 300 to one, not just nine or 10 to one, three hundred to one.
• 35:33
  They were just printing up money, throwing it into the system by buying things, buying things that we could be buying for a lower price. And so that was really the only deep inside look we've had at how much money they're making.
• 35:55
  Speaker 1: And so, I mean, you know, you mentioned some sort of just kinda cataclysmic crash of the system, and and it's it's almost I look at it as is you have a balloon that you just keep blowing up, and you keep blowing up, and you keep inflating, inflating, inflating. And what we've seen is that it doesn't matter whether it's Republican or Democrat, the debt goes up all the same. There's no change in that. It's not like you have someone that gets in, and they're they're they're just completely it's reversing course. It's continued.
• 36:29
  And, you know, naturally, it seems like the law of these types of situations that it continues until it gets to a point where it can't go any further, but it doesn't just slowly just retract down, it just blows up. And my one of my concerns is that they want that to happen, that they know it will happen, and that maybe that they're waiting until that happens because then they're gonna come out and say, okay, well, obviously, this fiat system has run its course. So now we're gonna move over to some sort of AI driven digital currency, some sort of centralized currency. We're gonna tokenize everything. Eventually, all assets will be tokenized.
• 37:07
  And that I mean, to me, that's the as much control as that as they have right now through this debt based financial system, the level of control they'll have with a digital version of this is, you know, is is a million times worse.
• 37:24
  Speaker 2: Well, you know, I I suspect that Trump knows what the solution is because he's mentioned at different times in his career that he could end the national debt problem in eight years. And, then when I first started talking about this several years ago, it seemed to me that he could easily end it within four years, one term of his. But actually, if you do the calculations, it could be done in three years. But he could also, merely offer the bondholders a substantial in increase if they would turn their debt money in early so that this could actually be done, theoretically, I'm just guessing it's true, in a year or so. And then we we would be out of the system.
• 38:29
  And Milton Friedman was the one who really added this, fractional reserve lending piece to how I, interpreted our problem. And that is, he, took a a look. I I he asked me for a copy, a prepublication copy of the money masters. And as you know, it's lengthy.
• 39:01
  Speaker 1: Milton Friedman. Old
• 39:02
  Speaker 2: day. Yes. Milton Friedman. He he was a professor at a university in San Francisco. Oh, maybe Stanford.
• 39:12
  Maybe it was Stanford. And so I said, okay. So we sent it out to him and, by overnight so that he could have it on a weekend. And then he called me on the telephone on Tuesday and said, well, this is very notable. This is a very good start.
• 39:35
  But if you try to correct the system without ending fractional reserve blending, boy, you've done nothing. And of course, boy. So what was I then? I was, maybe in mid my mid thirties or something like that. But I didn't mind being called a boy by Milton Friedman.
• 40:03
  So but I mean, he he was the one that corrected me because at the time I went, oh, really? Is that that big a problem? Yeah. It's a big problem. That's how they steal.
• 40:12
  That's how they adjust the amount of money they steal. So fractional reserve lending has got to end. And what does that mean from a practical standpoint? Banks can only lend money they actually have. What a novel concept.
• 40:30
  That's what we all think goes on. That's what we all think that if you violated, you would go to jail. But, no, they can just steal that much money. And it was not really stealing, but, it they make an interest off of that. So, yeah, they're making a lot more money off of the practice of lending out money to our economy in general, to the nation, that where they shouldn't they shouldn't be that's not their purpose.
• 41:04
  Their purpose is to lend their money, take a chance on their money to the general public and not to the nation where they can then, control the politics of the nation.
• 41:17
  Speaker 1: Well, they also I think one of the other biggest scams is the whole FDIC insured. You go to your bank and FDIC insured up to, you know, $250,000 and whatnot. But if you look at the numbers and you look at the coffers of the FDIC and you look at the total deposits, it's, it's a fraction of that. And so, it's, you know, for anyone that grew up watching It's a Wonderful Life, and you see, you know, the old black and white footage of everyone going in and saying, Here's my bank slip, where's my money, where's my money? And they say, Ah, sorry.
• 41:50
  It's like, so maybe the first people in line, they get their money out. But that's what most people, the same way a lot of people just trust whatever doctor's wearing a white coat, they trust whatever official voice there is. They just think that the banking industry is just out to, you know, offer banking services to people and the government's making sure it's safe, but the whole thing is a Ponzi scheme. And unfortunately, think a lot of people are slated to lose their entire life savings if the whole system goes under.
• 42:21
  Speaker 2: Yep. And, so fractional reserve lending is is the basic problem, and Trump could fix it. I think Trump has been aware of the problem, but he also probably understands, and I'm just guessing here, that, if you think he's got a problem right now by, you know, wanting to kill off Iran's ability to take over the world, which is a serious possibility at this point, that that ain't nothing compared to if he tries to kill the Fed.
• 43:02
  Speaker 1: Oh, it is. And that's and so I guess that looking in terms of solutions, I'd probably say, you know, if we were stat if we were halfway through Trump's first term, I'd think, hey. You know what? Maybe he's gonna do this. As of right now, not whether it's Trump or someone else, I I've almost have a just like my own personal rule that I don't put any faith in what the federal government's gonna do to make my life better.
• 43:28
  Like, I kind of zero, right? It's great because it's like, okay, if they help something, it's a bonus. But if they don't, I'm not let down by it. And so for people that are aware of just sober reality of this system and and how corrupted and and how much has been used to control, aside from waiting for a change happening at the federal level, what can we do? What can people do when they are trying to just affect changes that they actually have control over in their lives?
• 44:05
  Speaker 2: That's a very good question. And I I've been trying to popularize the the correct solution, which is the simple solution, and there are plenty of people that have made plenty of money by offering another solution that's much more complex. We're going to create, this, new institution that somewhere between Treasury and the Fed to go you know, not all that does is just leave wide open the ability for them to maintain their control. And you just have to it's in the constitution, you know, that we can, we are the nation is supposed to issue its own money. And, we're not doing that right now.
• 44:57
  We've given this over to, the Federal Reserve System and the banks. And, it's killing the economy. And I I don't know what you're gonna do to convince sufficient number of people, to take this seriously and mount an effective resistance to it. All I can do at this point is just try to renumerate the problem to the best of my limited, abilities and hope hopefully somebody else will pass it on. I I can pass it on to somebody else, but there there's been this this alternative.
• 45:39
  I I don't want to talk bad about them. There there are other people with other solutions that won't work. Let's put it that way. And I don't want to name any names, but the the only solution that'll work is just to eliminate the ability of banks to lend money they don't have, which is a pretty common sense thing. And you can say it on one sentence, and once people start to believe it, you know, maybe that had will have an impact.
• 46:05
  Speaker 1: What about just trying to keep our assets out of the banking system? Right? And that's why I think a lot of people turn towards, you know, now it seems more silver than gold. Right? Silver as a you know, like, I've I always have just a few pieces of an old silver dollar in 1923, you know, or an old $0.5, or even just the classic little, you know, 10 ounce bullion.
• 46:30
  Like, to to me, this is the aside from owning land or boxes of ammo or whatever, which I think are very valuable, especially as a barter tool, This is, you know, I don't trust crypto. You know, I I just this is kind of me. I I don't I think that crypto I I think that the NSA or these agencies probably have backdoor access that we don't know about, and so I don't I don't trust those digital things.
• 46:55
  Speaker 2: But I agree.
• 46:56
  Speaker 1: You know, aside from like, this is kind of my solution is if I have any extra money, I'm not keeping it sitting in a savings account, you know, earning, you know, 4% interest on it. It's I tried my best just to kind of the same way I I have chickens, and I keep my I try to rely on the grocery store for my food. I'm trying not to rely on the banking system for managing my money. And so, you know, for just the the day to day, what are your thoughts on on how to handle that?
• 47:23
  Speaker 2: I I think you're doing the the best a human being can do. Sorry to be so short with my answer, but you're doing great. And I I don't have a better solution. All I can do is is talk about the historicity of how we got here in an attempt to prove to people that the existing system is terrible and easily fixed. Easily fixed.
• 47:50
  Of course, there's a couple steps in that easily part that could also put your life at severe risk. Yes. But
• 48:00
  Speaker 1: Yeah. Well, I guess that's also what I do too, and that's part of why I have this show and why I think you created your documentary is I think that part of it is that if the average American even knew the simple fact that the Federal Reserve was about as federal as Federal Express, if people could even just understand these things, You know, because I do think that if enough people know this information, then that can create a catalyst for change, which is why you've been very heavily censored, I've been heavily censored as well, is because this is, again, this is touching the sacred cow. And that's why I think it just education is one of the most important things that we can do proactively and hope that it can get enough people to understand this information.
• 48:44
  Speaker 2: Absolutely. I mean, there there's nothing really worthwhile other than this nothing more worthwhile in my life than the pursuit of this. That's why I keep going even though remember, there's no money in monetary reform.
• 49:02
  Speaker 1: Exactly. And and You
• 49:04
  Speaker 2: can't do it to make money.
• 49:06
  Speaker 1: And so if if Trump finishes up his second term and you see that there's really been no substantial change at all to this monetary system, which I think is highly likely that there won't be any big change. I hope so, but let's just say there's not. What gives you hope? What allows you to look to the future and see something that's worth fighting for?
• 49:34
  Speaker 2: Well, and, you know, he'll he has, put in positions of power, young, primarily men, who, know what they're doing and and who, if from all appearances right now, any one of three of them would do a a pretty good job of carrying the torch. And you can't blame Trump. He he's done a tremendous amount, more more than many presidents put together before him. And, but will it be enough? Can he possibly, you know, find room in his solution cart to add monetary reform in there, even some small percentage of it?
• 50:25
  I don't know. But that's what I'm trying that's what I'm like I would like to push for. That's what I hope for, that we can convince him because, you know, the the the oncoming people might might do well, they might not, but we already know what Trump is. And if Trump got behind it, he would be behind it. And any major powerful figure who got behind it, it's it's the simplicity of it is mind boggling.
• 50:53
  And if he got behind it, you could sway a lot of people that, yeah, this is the best thing to do. The bankers are are not gonna take it lying down. They're gonna try to crash the economy. And it's the thing, you know, the very thing Trump does not need, you know, to be people going into their pockets and saying, hey, we were all right before Trump. So I don't know that but I I I don't have any alternative but to keep trying to do what I'm doing right now and you know as you have seen evidence of is, in a way that is diminishing quickly.
• 51:35
  And so I'm I'm hoping somebody else comes along. The whole there's this this other group of people who have a have their own program and, you know, that involves adding new layers of the bureaucracy and that's going to fix it and it's not. You just have to go back to the simple core. This worked for the founding fathers. It worked for them great.
• 52:03
  They created money literally out of nothing in a country that had nothing. How did they do that? And you know then the example of Abraham Lincoln, where he he took on the South and, was able to do it without borrowing money. How did he do that?
• 52:26
  Speaker 1: Do you see any indication of this happening at a state level? Because looking at this and thinking about looking at the federal level, I mean, know, like, I had hoped that Trump would come in and we'd see reforms with big pharma, right? Or some or big tech. And and, you know, you see that, you know, the the same people that were censoring us or poisoning us are now sitting at the at the dinner table, right? And so I I just don't have a lot of hope there.
• 52:54
  But, say, state level, I mean, would that be a possibility where say someone at the state level, could a state issue its own state currency? Obviously Then
• 53:05
  Speaker 2: then you're you're flying directly in the face of the constitution. The the constitution didn't want that at all. They they wanted the money power to be as close to the, electoral body, as close to the people as possible. That's why the money power invested in Congress is invested in the lower house of Congress. Those are the people, the elected representatives that are the closest to the people.
• 53:39
  That's the way the constitution was designed. They they want it to be it could express our will as as citizens of The United States to the the best, possibility. And so, it specifically inhibits the states from having much to do with the money power.
• 54:01
  Speaker 1: I see. That makes sense. I see. Okay.
• 54:05
  Speaker 2: And I I could could do some research, but I know there's a better there's more explanation behind that as far as what possibly could happen with every state printing its own state money again. And but it would it's not constitutional for a reason.
• 54:26
  Speaker 1: Yeah it's it's the you know you could say it in lot of ways it's the double edged sword of the constitution right in limiting certain things to the federal level, but then when that federal level is hijacked and not acting in the interest of the people, it also handcuffs things at the state level. And yeah, it just it's I think if our founding fathers took a if they had a crystal ball and they could look into what was happening in America right now, maybe they would've just said, let's just go fishing instead. You know? It's like, obviously, the
• 55:02
  Speaker 2: eagle I they'd break out the rifles.
• 55:05
  Speaker 1: Oh, and there you go. Yeah. Or go hunting.
• 55:12
  Speaker 2: So I don't know. That's that's pretty much it. It just it boils down to those simple things. We've got to end the ability of banks to steal money by, providing loans for money they don't actually have. And, that's that's the core of it.
• 55:35
  Speaker 1: Yeah. It's simple. Simple. Well, Bill, as we're wrapping up, I wanna just pull up one more time your documentary, the the money masters. I've got this on my own channel, so I'll put a link in the description for people to watch it.
• 55:52
  I mean, this I mean, honestly, I'd say that this is one of the most effective things that we can do to be proactive, is just share this documentary with as many people as possible. Because educating the masses, in my kind of view, is the one thing that we have more control over that we can do, is to help get more people educated. And if we get to a place where the average person in America understands even a fraction of what this documentary goes into, that would give me a lot more hope. Also, will pull up your website, which is thestillreport.com. So I encourage people to also, check that out.
• 56:35
  You can even if if you know, for you those of you that are watching and and and listening, you can support there through the Patreon. And so, yeah, I guess, you know, Bill, do you have any any closing thoughts as we wrap up this discussion?
• 56:49
  Speaker 2: No. I'm I'm I'm, I'm getting to the point where I'm not nearly as articulate. I mean, there are dozens of, examples of speeches that I've given over the years where I really had my facts together, and, I just don't anymore. And, you know, we need somebody else to step up and devote a substantial portion of their life to learning this stuff, repeating it, and being able to hammer the essential facts, which are really pretty simple, home time and time again. That's what we need.
• 57:24
  And so the next Thank you for helping.
• 57:29
  Speaker 1: Of course. I'm I'm trying to carry the torch in in whatever way that I can, and a lot of people are. So well, Bill, thank you for obviously, thank you for giving us the time today, but thank you for devoting your life to this cause and putting this information out there and fighting, and I think in one of the most important arenas that can be fought. You've helped shape my worldview on this, and I've learned a lot from you. And I think that your the work that you've done will will continue to echo into future generations as people start discovering this information.
• 58:01
  Speaker 2: The key thing is just follow the constitution. It's very simple, and they put it in there for an important reason, and they knew the consequences of not doing it firsthand. They they were the first victims of this, on this side of the Atlantic at least.
• 58:21
  Speaker 1: Yes. Exactly. Exactly. Well, Bill, thank you again for your time. It was such an honor to speak with you.
• 58:27
  Speaker 2: Thank you for the opportunity.
• 58:29
  Speaker 1: Absolutely.