Are GOV`s AND BANK`s A Partnership? (PART 1)

in #money7 years ago

All of the evidence points to the fact that they DEFINATELY are!!! Before I begin, do you have (on your possession) a currency coin or a currency note? Just take a look at it for a moment!... Pretty isnt it!?! If it is a note you are looking at then you will have noticed that it has pretty pictures/ symbols on it and lovely colours. If you are looking at a coin then you will have noticed that it too has pretty pictures on it, shiny and the SAME COLOUR as some precious metals. Did you know that whatever note or coin you are looking at right now (its denomination - $5/ £20 etc. etc.) is to be paid back WITH INTEREST??? This is because OUR Central Banking monetary system (ie. Federal Reserve (U.S), Bank Of England (U.K), Bank Of Japan (Japan), European Central Bank (Europe) etc.) is a DEBT-BASED system! This means that ALL currency brought into existance/ created out of thin-air (by the Central Bank) has to be paid back c/w interest as it is ONLY a loan/ loaned out! The entire system is nothing more than a SCAM which steals the wealth away from the people/ the masses and many of them are not even aware of it, as they dont understand how this SCAM works! Here is how the system/ SCAM works: 1 - Governments TREASURY DEPARTMENT issues bonds (glorified IOUs). These are the NATIONAL DEBT which is to be paid back by you, I and OUR descendants by way of future taxation. This STEALS PROSPERITY from future generations so that it can be SPENT TODAY. *Currently (2017) - GOVs have spent 40YEARS into the future! 2 - The TREASURY then holds a BOND AUCTION where the worlds largest banks show up and BID to buy (with currency - £/$/
Euro etc. etc.) part of the NATIONAL DEBT and make a profit on it by EARNING INTEREST. This isn`t the only time banks
profit from INTEREST PAYMENTS in this SCAM!
3 - The banks then go to the Central Bank to sell some of those bonds (at a profit). The Central Bank then rights a BOGUS
CHECK (yet another IOU) on an account which has a balance of ZERO. When the Central Bank writes a check , it is actually
CREATING CURRENCY and this is how currency ($/ £/ Euro etc. etc.) comes into existance.
4 - The banks then take that currency and buy more GOVERNMENT BONDS (IOUs) at the next auction.
STEPS 1-4 in a nutshell:
Treasury Department of GOVERNMENT issues IOUs (bonds). Banks then buy those IOUs (bonds) with currency. Banks then
sell those IOUs (bonds) to the Central Bank. The Central Bank then writes a BOGUS CHECK to the banks and currency is
created.

So far (in this SCAM) all that is happening is that the TREASURY and CENTRAL BANK are swapping IOUs, using the BANKS as middle-men!... And therefore currency is created!

TO BE CONTINUED...monetary scam.jpg

Coin Marketplace

STEEM 0.16
TRX 0.13
JST 0.027
BTC 60704.04
ETH 2914.62
USDT 1.00
SBD 2.32