USURY TRAP
"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning"
- Henry Ford
DEBT SLAVES AND USURY
Usury – as simple as it gets…
A new country is born, and a central bank commissioned. They create some new money for the country, $10,000 - and loan it out to the first private bank who can then loan it out to customers. The central bank requests that the loan be paid back at a rate of 10% interest, a total of $11,000.
There is now $10,000 in the economy of the new country, but the country owes $11,000 to the central bank. Where will the extra $1,000 come from it if doesn't exist?
The cycle repeats:
The central bank loans another $10,000 to the second private bank at the same rate of interest. There's now $20,000 in the country’s economy but $22,000 is owed to the central bank. Where will the extra $2,000 come from if it doesn't exist?
The cycle repeats, so the money supply is expanded (through a process called Quantitative Easing, or QE) and an economy grows and new loans can be made. But with each loan from the central bank the debt gets bigger and can never be repaid. As the money supply increases, the value of the money in circulation becomes less - the more of something there is the less valuable it becomes. Scarcity drives up value, abundance decreases value. The increase of the money supply that de-values the current supply is called ‘inflation’ which gives the perception of prices going up.
This banking system of usury and debt slavery requires an economy that will infinitely grow on a planet that has finite resources, which is not possible. So how will this impossible monetary system come to end?
Take a look at how the Roman Empire collapsed.
People are already taking action to prepare against this demonic monetary system of debt slavery by creating their own local currencies and working towards local economies instead of the global economy (Localisation Vs Globalisation). An excellent place to take a look at is Transition Network
Leaders of countries who have tried to warn us a fight against these evil private bankers with debt free currencies, but have been assassinated include Abraham Lincoln using the ‘Greenback’ and JFK with the ‘silverback’ (research executive order 11110).
As an example of a successful debt free currency initiative and how it can transform a nation research the Guernsey Experiment.
A good book that breaks down this info is 'Truth in Money Book' by Theodore R Thoren.
We can take a step away from this system of slavery if we choose to do so.
Money Creation
A practice by which the bank only holds a fraction of actual money in reserve and loans out more at interest, but can only create the extra money with your signature. You create the money, it's yours but the trick is you believe you have to pay it back plus interest.
Usury
Usury originally was the charging of interest on loans (any interest) or a fee to for the use of money. It actually became an offense to practice usury in 1179 that was punishable by excommunication, and later by death, until the 16th century with the increased need for mercenaries and by Catholic rulers in response to Protestants' abrogation of Usury laws. As charging interest became more accepted it later evolved to the charging of excessive interest on loans, even if many people view the high interest rates on items such as credit cards acceptable. Such risky and shady lending disproportionately affects those of low socioeconomic status.
Paper Money backed by nothing
Gold standard discontinued as the banksters have stolen all the gold. Fiat currency is backed by the faith of the people using it, and that they believe it has value and can be exchange for something else. Cash used be be certificates that could be swapped for gold or silver, now it's just fancy squiggles on paper. Coins used to be gold and silver, now they're worthless copper and nickel alloys.
Documentary and info
“Banking was conceived in iniquity and was born in sin. The bankers own the earth. Take it away from them, but leave them the power to create money, and with the flick of the pen they will create enough deposits to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of bankers and pay the cost of your own slavery, let them continue to create money.” — Sir Josiah Stamp, Director of the Bank of England (appointed 1928). Reputed to be the 2nd wealthiest man in England at that time.
Michael Tellinger explains how he successfully created and paid the banks with his own promissory notes
Michael Tellinger
And the Banks
We provide alternative debt resolution, and help you reclaim bank charges and PPI, deal with bailiffs, remove collection fee’s, reclaim Payday loans or, in some cases, set up affordable payment plans, as well as providing help through online forums and giving frontline eviction response.
BIGGEST SCAM IN THE HISTORY OF MANKIND
Hidden Secrets of Money
Gone are the days where a family can survive on just one paycheck... every day it seems that things are more and more out of control, yet only one in a million understand why. You are about to discover the system that is ultimately responsible for most of the inequality in our world today. The powers that be DO NOT want you to know about this, as this system is what has kept them at the top of the financial food-chain for the last 100 years. Learning this will change your life, because it will change the choices that you make. If enough people learn it, it will change the world... because it will change the system
This video uses the US Federal Reserve as an example, but all countries have the same central banking system.