Babylonian Banking System Part 2

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Ladies and gentlemen, in the first part of the Babylonian Banking System, we've briefly covered the American national debt, consequences thereof, and culprits behind the curtain. The treason of Christmas 1913 (Federal Reserve Act) was also mentioned. It was stated that the Federal Reserve Corporation is privately owned. Why does it matter? Well, as interests are being charged, the American people are through economic (a silent form of) warfare being enslaved by a small group of people. As the Federal Government and Congress have lost the authority to "create" the money, they must go to the current money-creators every time their spending is higher than the amount of collected money (via taxes, etc.). So, the Federal Reserve gives the required money (let's say, one trillion dollars), but also demands interests to be paid. Tens of thousands of such transactions have taken place since Christmas 1913, that's why most of the income taxes that the American people pay as individuals now go straight into the hands of the bankers, just to pay off the interest alone.

Here is the catch: the interest amount is never created, therefore, it cannot be paid off.

Explanation: banks create the principal of each loan but never the extra amount needed to pay the interest. Therefore, the new money never equals the new debt added. The amounts needed to pay the interest on loans are not created and therefore do not exist! Under this system, where new debt always exceeds the new money no matter how much or how little is borrowed, the total debt outstrips the amount of money available to pay the debt. The people can never, ever get out of debt!

In addition to the unlimited usury, bankers are also manipulating the stock market. As the only authorized creators of money, they decide which corporation will and will not get the loan. Their decisions directly bring about a reduction or increase in the selling price of a corporation's stock. After plummeting the price, the bankers buy large blocks of the company's stock, usually via agents. Then, the bank approves an immense loan to the company, which results in a sudden increase in price. The company is then sold for a profit. The market is so blatantly rigged that the announcement of a loan is enough to make the price soar. A similar method is applied to the crypto market.

Q: So, you're telling me that the majority of corporations are owned and run by bankers?
A: Yes! They own the media (including alt media), pharmacy, military-industrial complex, airlines, and pretty much everything one can think of.

Fatal Flaw Of The System - Example: John goes to a bank to borrow a hundred thousand dollars, and he agrees to pay back the loan plus interest (8.25%) for 30 years. John agrees to pay 751.27$ per month or a total of 270,456.00$. The bank clerk gives John a hundred thousand dollar check or a deposit slip, meaning, a hundred thousand dollars were added to the circulation, HOWEVER, the money to pay off the interest wasn't added to the circulation, nor was it ever created. John may get lucky and pay off the debt entirely (the principal and interests), but that means someone "out there" wasn't as lucky, and lost it all. Person A must bankrupt person B to have enough money to pay the principal and interests. Every new loan puts the same process in operation. Each borrower adds a small sum to the total money supply when he borrows, but the payments on the loan (because of interest) then deduct a much larger sum from the total money supply. There is therefore no way all debtors can pay off the money lenders. All they can do is struggle against each other, borrowing more and more from the money-lenders each generation.

The rich rule over the poor, and the borrower is a slave to the lender. - Proverbs 22:7

The present lender-borrower relationship can be compared with poker. The house doesn't risk losing any chips. It is lending them to players, and collecting "rake". After a while, the number of chips in circulation decreases. Some players run out completely. If they want to continue playing, they must borrow more chips from the house, which agrees to deliver IF the player signs a mortgage, and agrees to give the house some real property (house, car, land, etc.). Skilled or not, 8 out of 9 players end up defeated.

Real life is much worse than a poker game, which you can quit at any given time. Why? Because governments borrow billions in our names, and the names of yet unborn children. Our earnings are being confiscated via taxation, and similar forms of thievery. Unlike poker, life is a game we are forced to play. The only way out is by dying. If we cannot or refuse to pay, the government sends the police to arrest us and confiscate our property, which is then handed over to the bankers. Just like the gambling house, bankers risk nothing, yet, win it all (get everything).

Mr. ganjafarmer@ganjafarmer told me to tag him in the second part of the Babylonian banking system. Check his blog! It flourishes with interesting stuff!

Have a great day!

Truly yours; Gemstone

Babylonian Banking System Part 2 | Ecency