Fractional Reserve Banking System.
Points to consider, purely my own observations from various sources of reliable data:-
1. Creates money out of debt (thin air)
2. Since the Federal Reserve came into existence money has devalued 96%
3. Inflation is the hidden Tax.
4. World physical currency held globally is only 3%
5. 97% of the World’s currency exists only in computers (thin air)
6. Creates inevitable global crises of ever increasing magnitude (snowball effect)
7. The Federal Reserve Bank is not a Bank and it has No Reserves.
In a nutshell, how it works simply put:
* The Government needs to raise Funds so
* The Federal Reserve receives Government Treasury Bonds(just paper)
* In exchange for Fiat money bank notes (more paper – thin air)
* The printed paper and the Government Bonds have no value in reality.
* They are worthless not secured with gold or any physical commodity.
* Based on this ever increasing mountain of thin air, bank notes are distributed to Bankers Internationally.
* The Federal Reserve Rule is that each Bank retains 10% on deposit.
* The other 90% is loaned to another Bank who retains 10%
* The pattern is repeated cascading down the Global Banking System.
* Resulting in the original amount of fiat money multiplying 9 X
* Billions worth of thin air have turned into trillions worth of thin air.
* Catastrophe obviously looms large.
* At the bottom of cascading thin air the little people are borrowing.
* Their borrowing is mostly based on bricks and mortar security.
* Who then is the blatantly careless fool and perpetrator of fiendish folly?
* When crises hit the little man may lose all.
* The power-hungry Banking Cartel just begins again on their next fix.
* Governments of the western world have been creating money out of debt – Big Time.
* Therefore, how can they be absolved from responsibility of world financial collapse and the consequences of such a disaster.
* The little people are just the expendable pawns in a very big game.
* Never have so many been violated by so few. (Winston would say)
* Greed and power has blinded them to the point of insanity.
* Yes, the lunatics are running the Asylum.
I know you will say I am being simplistic and cynical –
"those cynical men who say that democracy cannot be honest and efficient" — F. D. Roosevelt
I am not alone by that definition, because there is nothing honest or efficient in the Fractional Reserve Banking System and that is self-evident for all to see.