Boycotting Central Banking Part 1 | The History of Central Banking & Proof-of-Weapons
Sep 09, 2024Before we dive into the content of this X Space, it’s important to clarify that the views expressed by Truth Teller are his own and separate from mine. My views are mine alone, and neither I nor my company, Bnk To The Future, in any way endorse or share the opinions expressed by either myself or Truth Teller or anyone else, either within this X Space or outside of it. This is merely an open discussion and dialogue between myself and Truth Teller, intended to explore various ideas and perspectives.
The history of central banking is one of the most critical yet misunderstood subjects in the financial world. On Saturday, 7th September 2024, I had the privilege of sitting down with Truth Teller for an in-depth, four-hour discussion that traversed the entire landscape of central banking, from its roots in ancient theology to its modern incarnation in global finance. This was not just a technical lecture, but an intensely personal journey for me—one shaped by my own family’s experiences with financial devastation and my deep connection to faith.
My father, Reg Dixon, was a hard-working man who became a self-made millionaire after a lifetime of struggle, growing up in poverty. He was born into a world scarred by war, living through the bombings of World War II in Bristol, UK. He worked tirelessly for his family, investing wisely in his future and his pension. But in the year 2000, during the dot-com crash, he lost everything. His savings, his pension, and decades of hard work were wiped out. He asked me one simple question: “Son...where did my money go?” That question has defined the last 24 years of my life.
The answers I found were not just academic—they revealed a systemic scam at the heart of global finance. What happened to my father is happening to millions today, and it all ties back to the way central banking operates. Understanding how we got here is the key to ensuring we don’t repeat these mistakes. This journey has been deeply personal for me, and it’s why I’m so passionate about sharing this knowledge.
Faith: The Foundation of Financial Morality
Beyond my professional journey, my personal faith has guided much of my thinking around central banking and financial reform. I come from a diverse religious background: my father was a Christian, my mother is Jewish, and my wife and her family are Muslim. Three of the world’s most significant religions have shaped my understanding and appreciation of all faiths. However, after years of personal reflection and spiritual searching, I embraced Islam and became a Muslim.
My faith in Allah has given me a deeper understanding of the moral imperatives that should guide economic systems. In Islam, we are taught that engaging in usury, or riba, is one of the gravest sins. This teaching echoes the warnings found in both Christianity and Judaism, but it is Islam's clear and preserved message against usury that resonates with me today. Allah has made it clear that economic exploitation through interest and unfair lending practices corrupts societies and creates inequities. The current financial system, with its deep reliance on debt and interest, is in direct opposition to these divine principles.
The Debt Cycle: How Central Banking Fuels Global Conflicts
Central banking isn't just about printing money. It's about creating debt—massive amounts of debt. This debt has been weaponized over centuries to fuel wars, prop up failing regimes, and destabilize nations that challenge the system. Every fiat currency in history has followed the same trajectory—debt creation, interest accrual, economic collapse. The Great Depression, the dot-com crash, and the 2008 financial crisis are all manifestations of this fundamental flaw.
We’re at the tail end of a debt cycle now, and many countries are teetering on the brink of financial collapse. As we shared during the X Space, this is no accident. The same system that created these crises is poised to profit from their resolution, as it always has. The key players in this system—central banks, private banks, and governments—continue to operate in the shadows, hidden from the public eye but fully in control of global power dynamics.
The Ponzi Scheme of Fiat Money
One of the most startling realizations I came to early in my career is that the entire fiat money system is essentially a Ponzi scheme. In fractional reserve banking, every time a bank issues a loan, it creates new money out of thin air. However, the interest to pay back that loan doesn’t exist. So, to keep the system going, more money has to be borrowed to cover the interest. This system guarantees that debt will increase exponentially, eventually leading to collapse.
During the X Space, we discussed how this plays out in real life. Every time you deposit money in the bank, the bank becomes the legal owner of your funds. They loan it out, creating more debt, which in turn creates more money. This leads to boom-and-bust cycles, which devastate economies and enrich those at the top. It’s a scam hidden in plain sight, propped up by university curricula designed to indoctrinate the next generation of bankers and economists into believing that this is just "how the system works."
Wars and Central Banking: The Hidden Hand
No discussion about central banking is complete without touching on its role in global wars. Central banks have been the financiers of conflict for centuries. Wars create debt, and debt creates profit for those who control the money supply. When we say, “follow the money,” it leads us right back to the central banks, who stand to gain from the instability that war breeds.
From World War I to the modern conflicts in the Middle East, central banking has been at the heart of the world’s most destructive periods. Countries like Venezuela and Zimbabwe are examples of how monetary reform efforts have been squashed, plunging them into hyperinflation and financial ruin.
A Brighter Future for Future Generations
This X Space discussion was more than just an unveiling of historical corruption—it was a blueprint for change. By disseminating this information, we aim to ensure future generations don’t repeat the mistakes of the past. We must break the cycle and create a financial system that serves humanity, rather than perpetuating wars and debt. It is essential that we use these lessons to build a brighter future, informed and empowered.
I truly believe there is hope for a new system—one rooted in fairness, transparency, and justice for all. The youth of today need to be equipped with the knowledge of how we arrived at this point so they can reshape the world of tomorrow.
The Ripple Effect: The World is Listening
What has been most humbling about this X Space is the sheer number of people it resonated with. As of today, it has over 34,000 views, and the conversation is spreading. KimDotCom, who has over 1.6 million followers on X, reposted one of my comments from the discussion, stating: “Essential knowledge. If you don't understand this you don't understand who's running the world and why hundreds of millions had to die because of them.”
This validation from influential voices reminds me that the message is reaching those who need it most. We are at a pivotal point in history where people are waking up to the realities of our financial systems. The more people that join this conversation, the closer we get to real change.
The session on Saturday, 7th September 2024, was more than a lecture; it was a call to action. The history of central banking has shaped our world in profound ways, but understanding it is the first step toward creating meaningful change. I encourage everyone to listen to the full recording, share it, and, most importantly, begin thinking critically about the financial systems that govern our lives. Because only by understanding today’s problems can we build tomorrow’s solutions.
In honor of my father, Reg Dixon, and with the guidance of my faith in Allah, I am committed to exposing these truths and helping create a financial system based on fairness, transparency, and justice.
If you’re serious about securing your financial future and want to avoid the pitfalls of centralized financial systems, I encourage you to join the Bitcoin Wealth Builder Program. This program provides a step-by-step roadmap to becoming a high-net-worth Bitcoin investor, helping you build and protect your Bitcoin wealth.
Additionally, stay informed through the BitcoinHardTalk Membership Portal, where we provide weekly insights into Bitcoin, macroeconomics, and geopolitics. It’s more than just news—it’s a community committed to understanding and navigating the financial landscape as Bitcoin continues to challenge traditional systems.
Together, we can build a future where financial freedom is not just a concept but a reality. Watch the full X Space recording, share it with others, and start taking steps to secure your financial sovereignty today.
Timestamps:
00:00:00 - Introduction to the Session:
A brief introduction by the host and co-host, including the purpose of the session and topics to be discussed.
00:01:20 - The Central Bank and Usury: The Root of All Evil:
Discussion on how usury and centralized financial power are the core causes of many modern-day economic issues.
00:01:47 - Structure of the Discussion: Panel and Q&A:
Introducing the structure of the event with participation from other speakers and a promise to engage the audience later.
00:02:14 - Global Finance and Theology: A Conversation:
Starting the conversation around global finance, its historical context, theological aspects, and potential solutions to today’s financial challenges.
00:02:45 - Introduction to Simon's Perspective:
Simon begins his contribution, emphasizing the systemic nature of financial problems and providing an overview of the historical scope of the session.
00:04:05 - Understanding Economic History:
An exploration of how historical events shaped the modern financial system, highlighting key moments from ancient economies to present-day conflicts.
00:06:16 - Theological Foundations of Financial Systems:
Discussion on how the Abrahamic religions provided early guidance on financial systems and usury, drawing connections between religious teachings and modern economic issues.
00:08:39 - The Role of Jewish Financial History:
A candid discussion on Jewish history in finance and its impacts, including uncomfortable yet important conversations around key figures and events.
00:10:09 - Personal Stories: The Dot-Com Bust and Financial Ruin:
Simon shares personal stories of financial devastation during the dot-com boom and bust, illustrating how these economic cycles affect individuals.
00:11:43 - The Power of Central Banks:
A detailed explanation of how central banks manipulate money supply, the concept of fractional reserve banking, and the inherent dangers of these systems.
00:14:20 - The Role of Mortgages and Foreclosures:
Discussion on how banks use mortgages and foreclosures to maintain control over individuals and their properties, with historical examples dating back to the Roman Empire.
00:16:14 - Ponzi Schemes and the Fiat Currency System:
Explaining the similarities between Ponzi schemes and fiat currency systems, and how debt perpetually increases within this framework.
00:19:22 - Full Reserve Banking: A Dangerous Alternative:
A deep dive into full reserve banking and why central banks are resistant to the idea, with examples of attempts to implement this system.
00:20:51 - The Bitcoin Alternative:
Transitioning to a discussion of Bitcoin and decentralized currencies as alternatives to the current financial system.
00:21:12 - Historical Recessions and the Role of the Federal Reserve:
Providing a summary of financial recessions since 1913 and highlighting the Federal Reserve's consistent failure to prevent them.
00:22:19 - The Mortgage System and Market Cycles:
Exploring the relationship between market cycles and the individual homeowner, emphasizing the systemic design for many to fail.
00:24:43 - Historical Examples of Usury:
Historical examples of usury from the Roman Empire to the present, highlighting the consistent failures of these systems.
00:30:50 - Free Trade and Free Markets: Theological Perspectives:
Discussing the theological belief in free markets and free trade, with references to religious scriptures that provide guidance on these issues.
00:32:00 - The Connection Between War and Central Banking:
Explaining how wars are intrinsically tied to central banking, with historical examples of financial institutions funding both sides of conflicts.
00:36:01 - The Federal Reserve’s Failures in Managing Inflation:
Discussing how the Federal Reserve has consistently failed to manage inflation and its detrimental impact on the average person.
00:40:20 - Inflation: A Hidden Tax:
An explanation of how inflation operates as a hidden tax on individuals and why it doesn't need to exist in a properly functioning economy.
00:49:01 - The One Square Mile of London:
A detailed discussion of the power held by the “One Square Mile” in London, which controls global financial systems and remains beyond reproach.
01:00:06 - The Ponzi Scheme of Fiat Money:
Expanding on the discussion of fiat currencies and how central banks create a perpetual cycle of debt.
01:02:24 - Obfuscating Financial Transactions to Fund Wars:
Describing how central banks manipulate financial systems to fund wars without transparency or public consent.
01:09:09 - Debt Servitude of Sovereign Nations:
Discussing how countries around the world are kept in debt servitude to imperial powers and central banks.
01:40:40 - The Purpose of the Federal Reserve:
Continuing from the end of Part 1, focusing on the true purpose of the Federal Reserve and its role in the global economy.
01:40:47 - Historical Overview of Central Banking:
A deep dive into the history of central banking, including the Roman Empire's influence and the UK's role in shaping modern finance.
01:41:00 - Global Wars and Their Financial Impact:
Exploring how central banking has shaped and funded global conflicts, with examples from World War I, World War II, and more recent wars.
01:42:30 - Major World Economies and Financial Downfall:
A look at how the central banks of major world economies like Russia, Japan, and Germany played a role in their financial downfalls.
01:43:10 - How Central Banks Shape Global Conflicts:
Further discussion on how central banks create and prolong conflicts around the world for profit and power.
01:44:00 - Future Wars: Financial Projections and Risks:
Projecting future wars based on current financial systems and the risks posed by continued central bank control.
01:45:30 - Case Studies: Economic Warfare and Global Debt:
Real-world case studies of countries that have suffered under central banking systems and the ongoing economic warfare they face.
02:00:00 - Continued Overview of Central Banking Control:
Discussing the Rothschild banking family’s influence over global finance and their involvement in wars and regime changes.
02:10:00 - Resistance Against Usury and Central Banking:
Focus on historical figures like Napoleon and Andrew Jackson, who attempted to establish independent financial systems free from central banking control, often resulting in conflict or assassination.
02:20:00 - War Financing and Manipulation:
How wars, including the Napoleonic Wars and the American Civil War, were funded by central banks, manipulating outcomes to gain control over national economies.
02:30:00 - The Federal Reserve’s Establishment and Its Impact:
A deep dive into the establishment of the Federal Reserve and how it centralized control over U.S. monetary policy.
02:40:00 - Global Consequences of Centralized Banking:
How centralized banking influenced global events, including economic collapses, wars, and the fall of major empires.
02:50:00 - The Influence of Central Banks in the 20th Century:
Examining World War I, the Russian Revolution, and the creation of Israel, with central banking playing a key role.
03:00:00 - Post-War Central Bank Influence and Economic Control:
Discussion on the post-WWII period and how the Federal Reserve shaped global financial systems and the rise of the U.S. dollar.
03:10:00 - The Rise of the U.S. Dollar and Bretton Woods:
The Bretton Woods agreement and the U.S. dollar becoming the global reserve currency.
03:20:00 - Moving Towards Solutions: Bitcoin and Decentralization:
Introducing Bitcoin and decentralized cryptocurrencies as solutions to the problems caused by centralized banking.
03:30:00 - The Role of Cryptocurrencies in Breaking Central Bank Control:
Detailed exploration of how decentralized systems like Bitcoin could break central bank control over global economies.
03:40:00 - Audience Engagement: Exploring Solutions:
Opening the discussion to the audience, focusing on potential solutions to replace centralized financial powers.
03:50:00 - Final Thoughts and Future Directions:
Focusing on future challenges and solutions for breaking free from centralized banking, with a push for decentralized systems.
Disclaimer:
The content shared during the X Space on Saturday, 7th September 2024, and reflected in this blog post, represents personal views and reflections on the history and operation of central banking systems. These views are based on publicly available historical data, personal research, and my own experiences within the financial industry.
The discussion touches upon sensitive topics, including the role of financial institutions, governments, and the impacts of historical financial policies on global conflicts and economies. It is important to note that this is not an attack on any particular group, ethnicity, religion, or community. The references to historical events, religious texts, or financial systems are made to provide context and insight into the operation of global financial systems.
This blog post and the associated X Space recording are meant for educational purposes and to encourage critical thinking and informed discussions. Any references to specific individuals, institutions, or countries are part of a broader discussion on the impacts of financial systems and should not be construed as defamatory or inflammatory.
We strongly advise viewers and readers to approach these subjects with an understanding of their complexity and sensitivity. Nothing in this discussion should be interpreted as support or endorsement of any unlawful activity, nor as an encouragement to violate local or international laws, including those regarding sanctions, financial regulations, or anti-money laundering (AML) and counter-terrorism financing (CTF) compliance.
Simon Dixon and the panelists explicitly caution that it is critical to be aware of the legal frameworks within your country or region when discussing or engaging in any financial activities related to cryptocurrency, fiat currency, or any form of financial transactions. Governments, regulators, and financial institutions are increasingly scrutinizing transactions that may be linked to politically sensitive regions or entities, which can result in the freezing of assets or other financial penalties.
While we welcome open discussions, we ask that all commentary and reactions be respectful and constructive. This is a highly complex subject that affects everyone globally, and the intention behind this blog and the X Space recording is to foster understanding, not division.
If you have any concerns or wish to clarify any points raised, please feel free to reach out for further discussion.
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