with a link for this video. It's very long and I wouldn't recommend that it be watched by anyone holding fundamentalist Bible beliefs ..... especially not as the film progresses towards the middle. It might shake your beliefs.
For others though, who believe themselves to be relatively open-minded, check it out and see what it does to your OWN perceptions!
People of all political, religious and ethnic persuasions who make up the world's power-elite have cleverly cultivated a virtual pasture so beautifully grass-green, that few people seldom, if ever, bother to look up from where they are grazing long enough to notice the brightly coloured tags stapled to their ears.
These same people who cannot see their enslavement for the ever delicious pasture grass have a tendency to view as insane the "conspiracy theorist"; those of us seeming loons, who have strained hard to see past the farm and into the parlour of the feudal lordship's castle.
Very, very interesting stuff, if you look back into the beginnings of the Social Credit movement. It was inspired by C.H.Douglas and his work on creating currency for the people. Social Credit was actually issued for a time in Alberta, Canada ...with notes that were later dubbed, "funny money." I asked my Mother-in-law about it one time, since she'd been a recipient of this currency, as a citizen of Alberta during the time it was issued. She shrugged and said, "it was ok. We all got some issued to us and we had to spend it for certain things ........ and it seemed to work just fine...."
But it was stopped by order of the Canadian government. Why?
If a whole bunch of us decided to form a little community and use monopoly money to "token" our values to each other in an essentially barter-based system ....... would it become illegal ......... just because we didn't have a right to issue money and because we weren't paying any income tax on our "earnings"? Could we be charged with counterfeiting?
I've often wondered about money and just how the monetary system works, thinking I was just too uneducated to understand it. As I began to search and ask though, I found that pretty well everyone else is just as equally in the dark. I talked to a "consultant" at my bank and asked him if HE understood it. He didn't; he'd never really thought about it!
Sources: all over the internet. Key Phrases: Fractional Reserve Banking, Fractional Reserve Deposit Expansion, The Creature From Jekyll Island
Money today is not backed up by anyting of intinsic value whatsoever, such as gold or silver. The fraction on nothing is not 54% nor 15% nor the infamous 18%, it is 0%. The fraction has traveled the path of all previous fractional money in history and has degenerated into pure fiat money.
That most of this current fiat money is in the form of checkbook balances rather than tangible currency is a mere technicality and that it is spoken about as "reserve ratios" is of no consequence. The so-called reserves are, in fact, treasury bonds and other certificates of debt. Modern money is pure "fiat" through and through.
In spite of the technical jargon and seemingly complicated procedures, the actual mechanism by which a bank creates money is quite simple. They do it exactly the same way as the goldsmiths of old except the goldsmiths were somewhat limited by the need to hold some precious metals in reserve as backing, whereas the modern bank no longer has such a restriction.
But how then do the magicians create the illusion of modern money?
Social Debt: The Mandrake Mechanism
The entire function of the illusion is to convert future debt into money. It's that simple.
When a government wants to issue some money, they issue some bonds.
--These bonds say, in effect, if you, the bank, will lend us, the government, the face value of these bonds, we will repay you, the bank, the face amount plus interest.--
The government notifies the bank that they want to issue bonds and thereby increase the money supply. The bank tells the treasury to print up some money which the bank pays the printing costs for. The bank then uses this money to purchase the government bonds at face value. The government then spends the money into circulation.
What has happened?
The bank has issued the money, by purchasing the government bonds, so that the government can repay the face value of the bonds, but the bank has not issued sufficient money to pay the interest. This is what the bank does and the government and the treasury are in on it - wittingly.
So, the bank takes government bonds which the public at large does not buy and writes a check to the goverment in exchange for them.
--It acquires other debt obligations as well, but government bonds comprise most of its inventory.--
There is no money to back up this check. This fiat money is created on the spot for that purpose.
By calling those bonds "reserves", the bank then uses them as the base for creating additional notes (usually 9) for every note created for the bonds themselves. The money created for the bonds is spent by the government, whereas the money created on top of those bonds is the source of all the bank loans made to the nation's businesses and individuals.
The result of this process is the same as creating money on a printing press, but the illusion is based on an accounting trick rather than a printing trick.
The bottom line is that the government, the treasury and the bank have entered into a partnership in which the bank has the privilege of collecting interest on money which it creates out of nothing which in turn creates a perpetual override on every note that exists and the government has access to unlimited funding without having to tell anyone their taxes are being raised through the process of inflation.
But who then creates the money to pay the interest?
If you borrow $10,000 from a bank at 9%, you owe $10,900. But the bank only manufactures $10,000 for the loan. It would therefore seem there is no way that you - and all others with loans - can possibly pay off the indebtedness. The amount of money put into circulation just isn't enough to cover the total debt which includes the interest. This has led some to the conclusion that it is necessary for you to borrow the $900 for interest, and that, in turn, leads to still more interest. The assumption is that the more we borrow, the more we have to borrow, and that debt based on fiat money is a never ending spiral leading inexorably to more and more debt.
This is partially true since there is not enough money created to include the interest, but it is a misconception that the only way for you to pay interest is to borrow more. The assumption does not take into account the exchange value of labor.
Say that you pay back your $10,000 loan at the rate of approximately $900 per month and that about $80 of that represents interest. You realize you are hard pressed to make your payments so you decide to take on a part-time job.
The bank is now making $80 profit each month on your loan. Since this amount is classified as "interest," it is not extinguished as is the larger portion of your repayment which is a return of the loan itself. So the $80 remains as spendable money in the account of the bank.
The decision then is made to have the bank's floors waxed once a week. You respond to the ad in the paper and are hired at $80 per month to do the job. The result is that you earn the money to pay the interest on your loan, and the money you receive is the same money which you previously paid your interest with. As long as you perform the labor for the bank each month, the same dollars go into the bank as interest, then out of the bank as your wages, and then back into the bank as loan repayment.
It is not necessary that you work directly for the bank. No matter where you earn the money, its origin was a bank and its ultimate destination is a bank. The loop through which it travels can be large or small, but the fact remains that all interest is paid eventually by human effort. The significance of that is even more startling than the assumption that not enough money is created to pay back the interest, it is that the total of this human effort, ultimately, is for the benefit of those who create fiat money in the first place.
So, no one creates the money to pay the interest, and the money that appears to exist is based upon, and backed by, nothing other than future debt.
When you understand the above, you understand the banking system known as Fractional Reserve Deposit Expansion; The Mandrake Mechanism, and you can do no other than to conclude that it is a scam. It actually is modern serfdom in which the great mass of society works as indentured servants to a ruling class of feudal lords: the financial nobility.
It doesn't have to be that way.
Social Credit
Money/currency itself is not valuable; only the goods and services that can be bought with it are. The wealth of any individual or nation is ultimately determined by what is produced in terms of valuable products and services, not by how much money/currency it prints, distributes and holds. A nation could actually survive without any money/currency at all as long as it is otherwise productive. Without production of goods, the offer of services and the exchange of them, money/currency immediately loses its alleged value.
The purpose of money/currency is to facilitate the exchange of goods and services. Money/currency is thus merely an extension of the barter system. Barter is the act of trading something one possesses or does, for something of someone else. Production and barter is the basis of all economy. They are the necessities for any economy, money/currency is not.
Social Credit
Within a Social Credit system, money gets its value, not from raw materials itself but from the products which that money buys. Money then, is an accountancy; credits passing from one account to another in accordance with sales and purchases, i.e. the sum total of production. Each time production increases, there is a corresponding increase in the amount of money. Never at any time interest is paid on any money. Progress is marked, not by an increase in public debt, but by issuing an equal dividend to each individual and prices are adjusted to the over-all purchasing power by a coefficient of prices.
Nobody loses, everybody wins.
And there you have it, "Social Credit".
Simple huh?
Any person, subconsciously or not, driven to try and fill a hole with something that doesn't fill it up, can never get enough
But dang it, Social Credit seemed like a great idea. Government of the people, by the people, and FOR the people. As opposed to the sham democracies that represent the rich and special interest groups.
If you understand, things are just as they are; if you do not understand, things are just as they are.
~ Gensha, Zen Master
some sobering thoughts ...... and in a way that I respect. It's when people can DO that without throwing in a lot of wild unsubstantiated claims and accusations, that causes people to start paying attention.
I didn't realize he had died. That's sad. So young too.
Will get to these in time .. the second looks like a recap of things I have read in the past. It is an interesting history, not just of Rothschild but of Rockefeller, and Warburg etc, and of course the history of usury and "international" banking.
If you understand, things are just as they are; if you do not understand, things are just as they are.
~ Gensha, Zen Master
