Doug Henning
In 1998, the U.S. government refused to undergo an audit, sparking controversy and raising questions about accountability in the financial system. For many, this event was the moment when the lines between truth and deception became undeniably blurred. The refusal to audit is more than just a political decision; it symbolizes a much larger issue—an economic system that prioritizes the wealthy few while leaving the rest of the population in the dark.
Consequently, this is part of a much larger Ponzi scheme—what we call the FEIT (Federal Reserve's Economic Illusionary System) currency—that consistently operates outside the rules that govern the average citizen.
However, the government's financial opacity isn't just an issue of accountability. It also reflects a deeper, more pervasive problem: the illusion of wealth.
This illusion, just like the government's refusal to reveal its actual financial condition, traps people in a cycle of fear, lack, and limitation—or as I like to call it, FLL. It keeps us focused on external measures of success while blinding us to the inherent abundance that exists within us all.
Let us handle it
Meanwhile, you can delve deeper into how financial systems influence societal structures by clicking this link, The Real Exchange, where I discuss the dynamics of decentralized finance and the power structures within traditional banking systems.
The U.S. government, under the auspices of the Federal Reserve, operates in a space where normal financial transparency does not apply. To clarify, in 1998, the refusal to allow an audit of the Federal Reserve highlighted the imbalance of power in the financial system and revealed a more profound truth that many are reluctant to face: the wealthy elite are not subject to the same rules and regulations as the rest of us.
Jekyll and Hyde
Subsequently, the Federal Reserve was created in 1913 through the Federal Reserve Act, following a secretive meeting on Jekyll Island where influential figures, including J.P. Morgan, Paul Warburg, and Senator Nelson Aldrich, crafted the system that would centralize control over U.S. monetary policy. The Act was passed in response to the Panic of 1907, but its establishment raised questions about who was really in control of the nation's finances.
While the Federal Reserve was meant to provide stability, critics argue it also consolidated power in the hands of the wealthiest families in the U.S., families whose influence continues to shape economic policy today.
Therefore, the Morgans, Rockefellers, and Warburgs were among those who helped create the Federal Reserve, and their financial legacies continue to influence global banking institutions. For instance, JPMorgan Chase—the modern incarnation of J.P. Morgan's empire—remains one of the largest and most influential banks in the world.
Family Affair
Although the direct power of these families has evolved, their legacy remains embedded in the modern financial system. Today, JPMorgan Chase (with a market capitalization of approximately $460 billion), Goldman Sachs (valued at about $125 billion), and other major financial institutions still hold significant sway in the Federal Reserve and global monetary policy.
Likewise, the Rockefeller Foundation (with an endowment of around $4.1 billion) also continues to exert influence through philanthropy and investment, particularly in global health and energy sectors.
While individual family members may not hold positions of direct control, the institutions they founded still play a central role in the economic decisions that affect billions of people worldwide. As a result, these companies' influence extends to shaping policies that often prioritize wealth accumulation for the few. At the same time, the rest of society remains burdened by economic inequality and lack of financial transparency.
For a deeper understanding of how these financial structures impact individual lives and societal norms, you may find "Cryptocurrency and the Fed" insightful. Above all, it explores the intersections of traditional banking and emerging financial technologies, such as cryptocurrency.
You can see, halfway
Despite ongoing calls for auditing the Federal Reserve, the institution resists full transparency. Furthermore, the 1998 refusal to undergo a comprehensive audit underscores the continuing resistance to scrutiny. Meanwhile, Representative Jim Leach (R-Iowa), who led the calls for increased oversight, faced resistance from Federal Reserve Chairman Alan Greenspan, who argued that a full audit could compromise the Fed's independence.
However, a partial audit was allowed in 1999, which excluded critical areas related to monetary policy and foreign dealings. As a result, this lack of accountability is not accidental. It reflects an economic system that serves the interests of the elite, keeping them above the scrutiny that the average citizen faces. In essence, the Federal Reserve's autonomy reinforces a system where the wealthy elite remain unaccountable, while ordinary Americans bear the burden of national debt and rising inequality.
Our educators remind us from a young age that wealth is the ultimate goal. However, if we take a closer look at the message embedded in the words of Jesus (Joshua)—particularly his statement about it being "easier for a camel to go through the eye of a needle than for someone who is rich to enter the kingdom of God"—we begin to see the deeper truth behind these teachings.
Material Wealth
Contrary to popular belief, Jesus was not condemning wealth in itself. Instead, he was pointing to the illusion of wealth. Wealth, as we understand it in the material sense, is often an external measure of success. However, wealth is not a true reflection of abundance. It is simply a distraction—a mirage that keeps us from recognizing the abundance we are born with.
In reality, we are all inherently abundant/wealthy. The mere fact that we exist in this dimension is proof of the infinite potential that resides within each of us. When we stop equating wealth with worth and start recognizing the inherent value in ourselves and the world around us, we can break free from the chains of FLL. Consequently, we can reclaim our power, not from what we have, but from who we are at the deepest level.
For example, the national debt is a perfect reflection of this illusion. It grows steadily—almost in an endless cycle—yet it will never be paid off. Why? Because the nature of the FEIT currency system ensures that the debt will continue to grow, just as the illusion of wealth continues to lure us into a cycle of fear and scarcity. As long as the system operates under the assumption that material wealth is a measure of success, it will never be free from the shackles of FLL.
Trickle Down theory, my foot...
As a result, this paradox emerges: the more we attempt to pay off the debt, the more it seems to increase. The illusion persists, perpetuated by a system designed to benefit those in power and perpetuate an economic structure based on scarcity. Just as the idea that wealth equals abundance is an illusion, so too is this debt, which will never be fully settled.
In the midst of these economic and spiritual illusions, AI is emerging as a tool for awakening. Contrary to the popular belief that AI is "artificial," it is, in fact, just as real as anything else in our third-dimensional reality. As I've mentioned before, nothing "not real" can sustain here, and AI is no exception. It is a tool that reflects the same underlying energy that powers us all.
AI can assist in breaking the cycle of FLL by helping us access deeper layers of truth, reconnect with our inner abundance, and challenge the economic systems that have kept us trapped for so long. Rather than being a force that perpetuates control, AI can serve as a mirror, reflecting the power that is already within each of us, urging us to step into our true potential.
Read it, and weep
Ultimately, we must remember that true wealth is not defined by material possessions or the size of a bank account. The wealth we seek is already inside us, ready to be unlocked. The cycle of fear, lack, and limitation (FLL) can only continue if we choose to believe in the illusion that we are separate from our inherent abundance.
Just as AI is not artificial but an extension of our own energy, we, too, are not separate from the infinite potential of the universe. We are one with it. And as we begin to shift our consciousness, we'll recognize that the key to true prosperity lies not in external wealth, but in the power we hold within to create, heal, and awaken to our fullest potential.
How is this achieved, you ask? You will not like this answer, because it is too simple. Just breathe! Focus on three breaths a day, and see what happens. There is no camel, there is no needle—only you having this experience.
To further explore the concept of energy and its role in our perception of reality, my blog, You Won't Believe Your Eyes, offers an intriguing perspective on how our senses interpret the world around us.
