Monday, May 28, 2007

Meet Your Master - Fractional Reserve Banking


"The way it basically works now…

The Government needs $1,000,000,000 to function so the Treasury creates prints a BOND worth 1,000,000,000 at 5% for 30 years and gives it to the FEDERAL RESERVE which sends a FEDERAL RESERVE CHECK for $1,000,000,000 that is deposited into the Treasury then checks are issued for government expenses construction, acquisitions, and payroll. The 5% is owed to the private banks which are the share holders of the FEDERAL RESERVE. The controlling Share holder of the main Central Bank of the United States of America (The FEDERAL RESERVE Bank of New York) is the Bank of England. After 30 years the Government has to come up with $2,628,894,627.00 to pay the BOND or $1,628,894,627 to pay the “Compound Interest” and Issue another BOND for $1,000,000,000 at 5% for 30 Years or what it usually does issue a bond worth 1,700,000,000 at 5% for 30 Years…

As you can see because the Compound Interest is not created out of “thin air” there is no way to ever pay it other than creating more money/ debt out of “thin air”. Eventually the compound Interest payments = Tax revenue which leads to tax increases at some point the Tax increases take so much out of the ECONOMY that it ceases to function and collapses…Not a conspiracy theory, just mathematics is all, it's the way things work.

Eliminate compound interest charged on money/debt created out of “thin air” and this problem will not ever occur. A child could most likely see the logic and a “chimp” with enough training could too… But people that contribute nothing to society and would like to just sit back and live off of the hard work of others like this system and their feelings get hurt when they are revealed to be nothing more than vampires slowly and methodically sucking the life force from civilization. The Central Bankers make the “Decisions” which the federal government pursues, not the other way around, that is how tyranny works… Taxation without representation or slavery…

Fractional reserve banking is not “Modern or Liberal” it is a fraud and a crime against humanity… it is slavery plain and simple. If fractional reserve banking is not resisted or changed namely, the charging of compound interest on money/debt created out of nothing...

War/conquest/looting and death is all that can be used as a cure for debt deflation... That is what the WAR on Terror is about...

Compound Interest = debt inflation = debt deflation = Economic suicide... Every time for 1000's of years... Eliminate Compound interest on money/debt created out of thin air and only charge Interest (or rent) on 100% reserves (Savings) with proper regulation of Interest rates...

That is a step in the right direction to free the human race from the slavery of the dark masters known as your friendly "Central Bankers". Until that day arrives when we have the "chance" or "choice" we have to make the right "decision". The Powers that be will stop at nothing to continue their Unconstitutional criminal theft operation...

What to do? That is up to you... What do you think I can do alone...? Just remember the cause of all our economic problems is fractional reserve banking, if the Institutions say otherwise they are lying... Plain and Simple. It took 30 years for the cause of the great depression to be pinned on the Federal Reserve/Fractional reserve bank... This depression is no different except we have nuclear bombs to speed the "cure" up so it might take more than 30 years to pin the blame where it belongs not on the victims but on the culprits...

Everything you see today is a symptom of the destructive effects the compound Interest has on a money supply of a nation...If you don’t eliminate the compound interest attached to DEBT/MONEY it doesn’t matter if GOD administers the fractional reserve system and it is only used for the complete and total 100% ethical benefit of mankind… Once the ability to create new debt/money to pay the compound interest due on the previous debt/money stops or becomes insufficient… Debt deflation is the result that leads to bankruptcy of the banks and collapse of the economic system Period…End of story… If you don’t believe that, too bad I gave it the old college try… because that is the unfortunate truth… that’s the reality of fractional reserve banking for the past 500 years… If you want to post any more fairy tales about mismanagement, malinvestment or greed being the cause of debt deflation leading to bankruptcy and collapse of the economic system go ahead. But the fact is...

“Compound Interest” charged on or attached to money/debt created out of "thin air" is the “root” cause of debt/money deflation.

Read the thread over and over again or get out a piece of paper and figure the math out for yourself, I knew about the mechanics of fractional reserve banking 11 years ago but it wasn’t until 98 that I actually “comprehended” it. It was hard to break free from the Inflationary just think positive fractional reserve banking religion…real hard… It is Impossible for me to be fooled or corrupted now…Not everyone is cut out for such a radical shift especially when the residual radiation from the dying just think positive religion is still so strong… so here is how you start.

Reduce all debt levels as quickly as possible… Figure out what the “bare bones” basic cost for you to exist on planet earth is for 3 months. Then if you can handle it, double that figure and put it in the bank or a shoe box…When the “crunch” happens most economic activity will stop… If there are bank runs the money could get caught but you should see signs before Joe Six Pack and have plenty of time to get your hands on the money.

Now if you have enough resources left buy 500 to 1000 oz of silver or equivalent amount of Gold, 25% coins and the rest bars… and you want .999… If they ask for ID go some place else…If you do all that you have accomplished more and are better prepared than 99% of the population of the US… All you have to do is wait for the shit to hit the fan while living a normal life… no radical guns in the cabin routine… then play it by ear from that point…

If you have a house it is up to you to figure out how to play that… buy low sell high… Equity will take a big hit…"

2 comments:

WillyT said...

You've hit the proverbial "Nail" right on the head. Yes, private banks creating money out of "Thin Air" as debt IS the root cause of all the social as well as economic problems we face. End this corrupt system and the world will be a much better place.

Anonymous said...

Sorry to repeat my self again, but you really do have an excellent writing style

- thought about writing a book?