"Compound interest on Debt was the Banker's greatest invention, to capture, and enslave, a productive society." Albert Einstein said.
By Eric V. Encina
Eric V. Encina is a Filipino Social Crediter/ Monetary Reformer
c/o Lito Alhambra Old House, Homesite,
Km2. Brgy. Lawa-n, PO Box 8 , 5800 Roxas City , Capiz Province ,
Contact Number: 09995427779
Eric Encina (Social Crediter/ Monetary Reformer/ Campaigner) in the Philippines Of impoverished, hunger-starvation, health-disasters-stricken Capiz province, Philippines.
It is the criterion of a just money system that what is both socially and physically possible should also be made financially possible.
The aim of the economic and financial system is the service of man. The goal of an economic system should be the satisfaction of human needs, the production of goods (the role of the producing system) and the distribution of goods so that they may reach the people who need them (the role of the financial system). Social Credit proposes a technique that would make the production and financial systems serve their purpose. Eric V. Encina
"There are risks and costs to A PROGRAM OF ACTION, but they are far less than the long-range risks and costs of comfortable inaction". Former US President John F. Kennedy
By Eric V. Encina
The debt money is not mathematics but a voodoo hocus-pocus abra kadabra manipulation of numbers for controlling money, food, wealth and resources of the planet and ultimately controlling human life mainly targeting the innocents.
"American has become more a debt "junkie"-than ever before with the total debt of US$53 TRILLION - and the highest debt ratio in history. That's US$175,154 per man, woman and child - or US$700,616 per family of 4, US$33, 781 more debt per family than last year.
Debt Finance /Borrowings/Lending: Hundreds of millions to billions of people across the planet are hog-tied, chained, shackled and enslaved by debt finance irrespective whether they are the lenders or the borrowers. The very fact that money is created as a debt by the banking system through the scam of fractional reserve banking, and criminally is a prima facie evidence of addiction of the money lenders, money creators and money controllers. All nations, continents, communities, and inhabitants are under the savage cruelty of the cobweb of debts. And in view of the gravity of the debt problems, it appears that both the lenders and the borrowers are addictive to the money and wealth. Government is debt-addict and most government officials, politicians and their political parties are addicted to money down to being poisoned by money. Corporations and all various institutions are also debt-addict through massive expansion of wealth, or profit-oriented-money addict just as their incorporators, investors and workers and members are addicted to money and wealth.
The recent global liquidity crisis brought down the pre-tax profits of the world's top 1,000 banks to a measly $115 billion. Still, those same banks hold $800 trillion in assets. If those asset numbers go much higher, they're going to be the first industry to introduce us to the concept of quadrillion.
Investment banking fees alone made banks $66 billion in 2009. Nearly half of those revenues came from US banks, followed by Europe. That said, the world's most profitable bank today is the Industrial & Commercial Bank of China, which made $16 billion in profits in 2008~The World's MostLucrative Business Markets | Business Pundit
Usury Or Interest: Interest - Wikipedia, the free encyclopedia, Usury - Wikipedia, the free encyclopedia, The money being lent on usury or at interest that is presently beyond logical and morality by the money lenders, and the inevitable willingness of the borrowers are inter-twining manifestation or indication of money addiction. It is said that nothing is more shameful than usury. But likewise nothing is also shameful than to borrow money at usury. Both the lender and the borrower are debt-money-addict. And this borrowing-lending at usury is perpetuated by the system of debt finance that mainly causes money addiction. It is not a figment of imagination when we think billions, to hundreds of billions to trillions of money are paid as interest to the system of debt finance. In USA alone, the interest payments are mentally-defying and mind-boggling, please take a look United States public debt - Wikipedia, the free encyclopedia, debtCrisis.html.
What about the total interest payments of ALL CONTINENTS, NATIONS, COMMUNITIES, FAMILIES AND INDIVIDUALS in the world? All wealth is now sucked out and siphoned off by debt and usury.
The earth is now sinking down into the dungeon, not because of over-population, but because of gravity (the law of gravity let's us Albeit Einstein or Isaac Newton, of the creation of debts and over-collection of interests, of taxes and over-avariciousness of those leechers, suckers, vultures, cuckoos and siphoners of their debt-finance disaster-capitalism with all dreadful disasters ever imagined coming after.
Mammon's Debt finance is the major culprit that has already reached to Full Spectrum Dominance in the world today chaining and enslaving billions of people across the planet that is life-soul-destroying. Revolutionary distribution of wealth through new science of economics and monetary reform to the poor under God's commands, has become impossible under the present system.
Because of Mammon's influences, most peoples in great difficulties in monotonous situations of poverty are pressurized to giving in to pragmatic and practical compromise particularly beggarism, pauperism and mendicancy as the last option or recourse even it is inimical to their dignity and morality. Otherwise, if not, body or soul can be sold to obtain money for survival, not for the sake of money itself, per se.
The Mammon's offshoots - the IMF and WB even they know their heinous economic crimes against humanity by the subtle and perpetual control of money artificially and adroitly WILL NEVER SAY "sorry" and will never make any reparatory measures nor pay any moral and economic messages they have inflicted upon the third world inhabitants.
We're all bamboozled by the bankers everyday, with their adroit way of robbing the money that belongs to the people. The bankers arrogate themselves of the power of the People's Credit. Now, we're shackled with chains of horrendous debt with skyrocketing interest payments. There is no end of miseries and sufferings in the 21st century under the present pestiferous system.
Debt Money Usurious System is the real frightful monster, not debt-free money creation. Money supply is not actually finite as it could always be increased on demand by the facility of the central bank through Government's legislation as debt-free, not debt-based.
"Compound interest on Debt was the Banker's greatest invention, to capture, and enslave, a productive society." Albert Einstein.
If all peoples across the planet will have sincere unity and will agree on MONETARY REFORM DEBT-FREE MONEY SCHEME -PROPOSAL TO EACH AND EVERY LEGITIMATE GOVERNMENT in the world, then we can iron out century old problems of money, debt, interest, poverty and hunger all over the world. The Futility Of Not Creating Debt Free Currency
Debt Money System is a Plague of all Centuries. Its very operation-scheme is a banker's arithmetic of endless and multiplier scam, racketeering and wanton destruction. If not devil's obsessed or possessed, bankers are devil-incarnate.
The very creation of money as a "debt" out of nothing, "ex nihilo" BASED ON PEOPLE'S WEALTH, as a liability and "imposed burden" upon the nation and the dispossessed inhabitants..
Most Western, Eastern, Northern, Southern American nations EU, Asian, Middle East and African nations, literally all nations on earth with very few exceptions are all "slaves of in chained-of debts and skyrocketing interest payments" with endless domino extremely ill-effects and virtually in the satanic WEB OF DEBT adroitly manipulated by the monstrous banking system absolutely without any conscience of humanity.
Eric V. Encina