The Federal Reserve Note (FRN) is what
most people call the US Dollar. It isn't really American money, it's
more like a casino chip owned by the same guys that run Monte Carlo
(more or less.)
The trouble is, it is the US Dollar
that runs the world. In fact, the US Dollar pretty much built the
world. Not that the US Dollar acts alone. The same guys that run the
casino run all the banks, worldwide with the possible exceptions
(though I doubt it) of North Korea and Iran.
Whether you want dollars, euros or
yuan, some friendly banker will be happy to make the exchange for a
small fee. This seems like a useful service until you remember the
same guys run all the banks.
It is the nature of our purported
economy to not only create every dollar (or its ilk) as a debt, but
to charge compound interest such that every dollar created costs the
borrower two - one as repayment and another as profit.
Creating money out of thin air and then
charging interest is bad enough, but bankers make loans against
collateral. Money is borrowed against wealth, real or imagined.
Hopefully, real. So, bankers loan you something unreal against
something real. Paying them back (plus interest!) takes real work,
too.
If every dollar created demands another
dollar in interest, there can never be enough money in the world to
pay back all of the debts owed. Since there is never enough money,
money must be continually borrowed. Requiring interest on money
(created out of thin air) imposes an imbalance on the economic system
such that people run around trying to earn money that just does not
exist, yet.
Soon enough, someone refinances (as
they must) and then someone else can be paid. What if no one
refinanced? What if everyone was so broke that they could not
refinance? This is what happens when the banks have sucked up so much
money that every profit people make from working goes to pay “debts”
to bankers. When the principal and interest are more than the world
can pay, then what?
We are about to find out. The world is
now precisely in the situation I have described above. Worldwide
bankruptcy. No one wants to admit this, but watch as things unravel
starting with the poorest of people. Countries are going bankrupt and
the terms of their loans are much gentler than those suffered by the
people themselves. Spain may pay 7% interest but I am told to pay
28%.
The money-changing scam has been going
on for centuries but has been refined and legitimatized over the last
100 years or so. In ancient days, usury was forbidden by all three
major religions. That is really remarkable. We think of those people
as ignorant but it turns out they knew more about money than we do
now. Maybe it was the home-schooling. Public schools do not educate
the public about money.
So if this system guarantees
bankruptcy, why has it been imposed upon the world? Because a very
small number of people at (and near) the top benefit unfairly. They
control the money and the money comes with hardly any work. Sure,
they must keep vigilance of the status quo, but fixing LIBOR,
gambling on derivatives and foreclosing on little old ladies is a lot
more fun for them than digging a ditch. The people at the top love
the way the world works. Most people are blind to all of it.
If the entire corrupt system is funded
by perverted money how is any debt a valid debt? The lack of money in
circulation demands a continuous stream of refinancing, all of which
were coerced.
All debt being coerced, all debt is
odious. It's time to evolve beyond usury.
