Bee In Eden Show 02: The Silver Pharaoh

Here is the script and visual aids that accompany episode #2 of a Bee in Eden on the Storytellers Campfire radio network. Our Show Slogan is: “Anticipating our future by remembering our past.”

Or click here to play the show’s MP3 audio file. You can right-click to download. The bee-buzz sound byte file that you hear in between breaks can be downloaded from

Episode #2 – recorded August 30, 2016

The Silver Pharaoh

Segment 1 (4 minutes)

Hello and welcome to the Bee in Eden radio show. I am your host, Da Queen Bee herself, SedonaDeb. And as you might as guessed, I am speaking from a location near Sedona, Arizona, which lately has been a land of drenching monsoons and dazzling displays of thunder and lightning. For myself, we Bees are keenly aware of the changing of the seasons. Our summer monsoon season will be wrapping up as August draws to a close. The pretty, buzzing nature sounds you heard to announce the show is a sound file entitled “Bee in Eden” that is available for download at (linked here.)

The sacred seventh month of the year, September, is bearing down on us. Yes, you heard that right, I did refer to September as the SEVENTH month, not the ninth. And I will explain why I say that and how this relates to the focus and goals of this new show, A Bee in Eden.


Calendar month of September 2016 (Credit:

Here’s a bit of trivia you can use to start a conversation. Let’s think about the very word SEPTEM-BER. Why is September called September? Curiously, it means “seventh month”. Why does our silly English language choose to name this month with a word that means “seventh” but is actually placed in the “ninth” slot on our calendar? hmmm

And they didn’t just do that to September. They did it to October, November and December. Note those prefixes: OCT, NOV, and DEC. What numbers do those prefixes stand for? Why, they stand for EIGHT, NINE, AND TEN.

Why do we do such a crazy thing to our calendar?

You see, in the ancient world, societies were primarily based around their agriculture, their farming cycles. Therefore, Springtime was really seen as the start of the new year. That was when you could plant seed or when the grapevines began to bud. So if you start your calendar with the month of March, then September becomes the proper, seventh month of the year.

Why do we bring up this curiosity of how the months of our year are out of whack with the way they are named? Does it really matter? We mention it because on this show we will be talking about the history of money and money-lending. There are certain traditions and protocols that are being used today that got their start way back in history, back when the entire economy of a nation revolved around the all important seasons of planting and harvesting. And those traditions are still sort of “encoded” by the way our months are named.


Psusennes I, the Silver Pharaoh (Credit: Wikimedia Commons)

When we come back from our first break, we’re going to talk about Egypt, her temples, and the relationship these held with a king known today as the Silver Pharaoh. Those temples became very powerful because that’s where the people brought their harvests. It’s where the whole treasury of the city was stored. But when a handful of unscrupulous priests began twisting the natural laws of mathematics, things began to go horribly wrong and we still suffer today because of it.

We’ll be back in just a couple of minutes.

Segment 2 (9 minutes)

On our previous show, I made a statement that I promised to explain further. I had said that during all human history, the gold and silver mines were controlled by tight networks of family businesses. So these elite families had a lot of power over other nation’s monetary systems because they provided the gold & silver bullion that everybody wanted to use as a swap system at the farmer’s market.

In our last show we explained how agents of the temple would be sent out with letters of credit in their hand, sent to distant lands to do business with agents of those temples. Those Letters of Credit worked sort of like a giant credit card and would be accepted by the agents of the foreign temple as a guarantee of future payment for the gold & silver bullion, or anything else, that the foreign temple would now export back to the home territory.

Therefore, this flow of trade and credit and money-creation was really in the hands of the temples, their agents, and these family networks who directed the flow of wealth everywhere.

The Kings were really just their puppets. As further proof of that point, I’d like to share something I learned from a PBS documentary about a king of Egypt who is known as the Silver Pharaoh.

We have a link to this documentary and some other visuals at our show page. By the way, you can review the script of our shows and even post comments to me thru the links on the show page that lead you to my SedonaDeb blog. Or just google search SedonaDeb blog.

The real name of this Silver Pharaoh was Psusennes the First. He lived about 1000 years before Christ. He was called the Silver Pharaoh because he’s the only pharaoh we know of who was buried in an all-silver coffin instead of a gold one.

Here is a portion of the transcript of this PBS documentary (linked here).

The trouble began here in Thebes. The only figure powerful enough to challenge a pharaoh was Egypt’s high priest who was in charge of the vast temple of Karnak.

In some ways, the term High Priest is a bit misleading because he was more than just a religious official. He ran a big business which is what this temple was, he was an important political leader, and he could even command military might.

Kings, to win their favour, would give them rights to fishing and fowling and hunting, or rights to mines, or even trade along the Nile. And so the priest would gain increasing amounts of wealth.

They were just getting wealthier and wealthier as time went on, until they eventually decided why don’t we become king?

Shortly before Psusennes’ reign began, the high priests made their play for power. As the priests asserted their authority, Egypt was riven in two and five centuries of chaos would follow. The high priest seized the south and the pharaoh was exiled to the frontier region, the northern Delta.

Did you notice that the kings eventually began giving away all this wealth and rights to do trade and exploit the mines to the temple priesthood? The Temples were really in charge of the economic direction of the whole nation. They were the original bankers and money-lenders.

I’d like to remind the audience again of why we are talking about this ancient history.

The slogan of this show is:
“Anticipating our future by remembering our past.”

There are billions of people today who long to be free of the perpetual debt slavery they are trapped in. At the very least, even people in the wealthy USA recognize that their nation is buried under $20 Trillion in debt. People want to know why this keeps happening.

And the only way to answer that is by examining where did it all get started.


Modern gold mining in Ghana. (Credit:

At this time, I’d like to mention a few points from the book “Babylon’s Banksters” by Joseph P. Farrell. On p.168, he describes the cruel, miserable working conditions of slaves who were consigned to the mines. Gold extraction required vast amounts of slave labor and the slaves didn’t live very long. So it’s no wonder that armies were constantly going to war to capture more slaves. (Google Books link is here.)


Dr Farrell mentioned something about the INTERNATIONAL cartel that managed the gold mines. Apparently, the mercenary guards who were employed to keep order at the mines were all brought in from distant lands — deliberately!

They are guarded by mercenary soldiers of various barbarous nations, whose language is foreign to them and to each other, so that there are no means either of forming conspiracies or of corrupting those who are set to watch them.

I have to give credit to the clever mining families. They hired guards and overseers for the mines who were incapable of understanding the tongues of each other. Nor could they understand the language of the slaves. That statement implies that these elite families were colluding with each other to keep their mines free from assault. They surely were able to communicate with each other in order to get the right staff and swap them as needed among the mines located in distant territories.

We’re going to take a break here. When we come back, I’d like to show you the scheme these people came up with that turned them into Money Magicians. It has something to do with what we today would call Fractional Reserve Lending. But the practice was so deceitful that some ancient kings tried to make it a capital offense if you used it in business!

We’ll be back in a couple of minutes.

Segment 3 (9 min)

Welcome back to the show. So what have we learned so far? We have seen that there was an international scope to the operations of the gold mines because those owners deliberately placed guards who spoke foreign languages as overseers of the mines.

We saw that Temple Priesthoods had control over the royal treasuries and would even be given rights to the product of the gold mines. So already we can see the potential for the temple priesthoods to maintain a close association with the metal mines.

But these priesthoods, these Money Magicians, used their knowledge of math to come up with ways to create wealth out of thin air that went beyond the physical pile of gold and silver pieces in their vaults.

Dr. Farrell outlines the 4 stages of their scheme on p.202 of Babylon’s Banksters.

1. Penetrate and Ally with the Temple
2. Issue False Receipts
3. Substitute the gold & silver with Letters of Credit backed by False Receipts
4. Create a Facsimile of Money

Stage 1 is something we discussed here and on our last show. The Temple was the place where people brought their harvest. So you have this pile of real, actual physical goods building in the temple storehouse. Somebody has to keep the books, manage the farmer’s market, and provide the gold and silver bullion that people wanted to use as the basis of their monetary exchange system.


Doing Business at the Ziggurat Temple of Ur. (Credit: Bos, Carole – Ur – Artist Rendering –

Stage 2 is related to Fractional Reserve Lending. The people would exchange their harvests at the marketplace for equivalent pieces of gold and silver. That’s proper: you simply sell your crop and receive a piece of metal for it with a value set on that piece of metal that was agreed upon by all parties concerned. Nothing wrong with that.

But maybe you don’t need to use those gold and silver to buy anything just yet. Maybe you only need a safe place to store your metal. So, you offer it to the temple as a deposit. The agents of the temple would give the depositor a receipt on a clay tablet.

The depositors soon figured out that it became easier for them to buy other goods in the marketplace simply by exchanging their clay tablet receipts with one another rather than run back to the temple to withdraw their gold every time they needed to buy something at the marketplace.

This is exactly what the scribes at the temple wanted the depositors to do. “Just leave your precious metals with us; we’ll keep it safe and we’ll keep issuing receipts.”

But then they did something dishonest, and this is still done today. It’s even legal! Since the depositors would take a long time before they came back to withdraw their gold, the scribes figured out that they could just keep issuing more receipts against the same deposit.

Today this is called Fractional Reserve Lending. When you deposit, say, $1000 into a long term savings account, the Bank gives you a receipt and the banker tells you the money is safe and you can come collect it anytime. But he knows you won’t be back, say, for a year. Meanwhile, the Banker lends out, say, $900 of your money to some other person and tells that person to pay it back in, say, 6 months — well before YOU return to collect your deposit.

That other person takes the $900 and goes to buy a car, with it. The car dealer now has $900 in his pocket but you still have your receipt for your $1000 Savings Account in your pocket.

The car dealer takes his $900 to his bank and deposits it. And then the second Banker does the same thing that the first Banker did. He lends out, say $800 of the car dealer’s money, to some other guy and the whole process begins all over again. Meanwhile, you and that car dealer are holding two receipts that are tied to that one first deposit of $1000.

On the surface, this seems a little shady buy maybe nobody really gets hurt as long as the guy who bought the car really does pay back his loan. Right?

But do you see what just happened? The first Banker created extra money out of thin air. The only real money in the transaction is your $1000. The car dealer now has his own magical receipt for $900. But it’s backed by YOUR savings account which is not owned by him. So really, his $900 is backed by nothing. It’s a fraud.

And then it gets worse because the second Banker repeats the whole process with some other customer.


Creating Money Out of Nothing. (Credit: CaptureTheMind Blog)

Essentially this is just a big Ponzi scheme. And the scheme works for a while until suddenly the true laws of math take over like a game of musical chairs. The guy at the top of the pyramid finally comes back to the bank to collect his savings account and the whole network of fraud beneath him collapses.

And these agents of the temple weren’t just doing this at their local community level. See, they were keeping track of all this Magical Money that they put into circulation. On their books, it looked like there was a lot of money available in their reserves. So when they would send their traveling merchants out to distant lands empowered with these Letters of Credit in their hand, that Letter reflected these great reserves of phoney money in circulation at the home temple. The temple agents at the foreign temple could then take those Letters and use them as a basis to start their own Ponzi scheme in their own land. And so it goes, over and over.

Eventually the Music stops and everybody scrambles for a Chair. In the city of Ur, that is exactly what happened. Drowning in debt and no longer able to pay for defense of the city, the mighty city of Ur succumbed to the onslaught of the invading Elamites. It has been theorized that the neighboring tribes simply showed up in Ur one day to collect on a big national debt.

Don’t be too surprised if the same thing happens soon to the mighty Empires of our day who have been accustomed to getting what they want by issuing lots of debt built on phoney money.

Sadly, the only people who suffer in these upheavals are the common folk and the kings. The Temple Priesthood and their Traveling Merchants skulk away into the shadows, ready to start the process all over again with the new incoming Empire.

Well, my fellow bees, the clock tells us it’s time to return to the beehive. When we venture out next time we will pick up with the story of Magic Money and talk about a real family of Money Lenders who were brought to ancient Babylon as captives. But they knew how to work the system so well that eventually they were able to decide which kings got removed and which kings got to have a throne in the Persian Empire. This was the Murasu family about whom I once wrote a historical fiction. You can preview this on the SedonaDeb Blog page as homework for our next visit, if you like.

Thank you, dear audience, for taking the time to learn this important information. And many thanks to our sponsors for making the show possible. This is SedonaDeb, buzzing off until our next chat.

My contact information with link to my blogs at by pseudonym “Bankster Slayer” along with my Karatbars portal are found at the billboard page of


About sedonadeb

In case you're wondering, yes, there is a reason for what's going on. I am the host of the Bee in Eden radio show and one of the team writers at We discuss the inextricable links between modern credit and money with ancient religious systems.
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