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Very cool and interesting stuff. Learned about this years ago. Problem most people, the masses, are ignorant and have been asleep and brainwashed and do not question things or use their minds. Our country is bankrupt and we are all being taxed to death in hidden ways. Now Obama wants to go after our retirement income. We keep borrowing to pay off our debts. Something will have to give sooner or later with the currencies and debt crisis we all face. People need to wake up.Comment -
Love these type of docs will check it out thanks! War on the whistleblowers and The four horsemen I have recently watched and highly recommend also. Crazy how backwards and corrupt our country truly is but we're so quick to gloss over things or use company lines like "greatest country on planet" without hesitation or more informed insight.
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ThanksComment -
Thanks for the post OP.
Question is... why is the stock market still going strong when it's debt trading on debt? Won't it eventually collapase?
And secondly... who are these secret stock holder investors who basically own the Federal Reserve? Did I get that part of the story right??Comment -
One of the biggest lies...........it's not Federal and their is no Reserve. Read The Creature from Jekyll Island and you'll understand where fractional lending was born. Federal Reserve was created by a handful of very wealthy families who created a money cartel. They are able to loan money that really doesn't exist and collect interest. The entire cartel was created at Jekyll Island off the coast of Georgia many years ago. Banks can lend 10,000 for every 1,000 on deposit. Where did the other 9,000 come from ? It doesn't exist, but they loan it anyway. And people think Madoff had a Ponzi scheme.Comment -
Indeed, the Creature is out of it's lair and running rampant.
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Toler the banks need barely 1 dollar for every 10 dollars they lend. At the moment money is lent, at the moment the debt is created, the dollars are born. Money, with no backing, is created out of nothing the moment it is borrowed.
To a bank, your deposits in an account are debt. Meanwhile, every dollar the bank has lent out is considered an asset.
To you, the money in the bank is often considered the asset, while the mortgage on your house is a debt.
I didn't actually watch the video above as I am well versed in this subject, but The Creature from Jekyll Island, noted above in a post, is an excellent reference here.
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Didnt watch the video either as Ive watched and read many things Im sure like it before, still I think they are allowed to lend 90% of a deposit, your example would mean they are able to lend out 1000% of monies deposited, thats not correct I dont think.Toler the banks need barely 1 dollar for every 10 dollars they lend. At the moment money is lent, at the moment the debt is created, the dollars are born. Money, with no backing, is created out of nothing the moment it is borrowed.
To a bank, your deposits in an account are debt. Meanwhile, every dollar the bank has lent out is considered an asset.
To you, the money in the bank is often considered the asset, while the mortgage on your house is a debt.
I didn't actually watch the video above as I am well versed in this subject, but The Creature from Jekyll Island, noted above in a post, is an excellent reference here.
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Introducing more money into the supply (currency supply) increases investment and in turn increases stock prices, an inflationary effect and boost of confidence through lending to companies (or increasing their bought shares raising stock price) ... instead of putting money in a bank (which now has lower rates of interest).
No one knows the answer to your last question.Comment -
That's why it's ludicrous. The principle is, if a bank has $1 in deposits, it can now lend $10. Put another way, for every $10 the bank lends out, they are required to have $1 in actual customer deposits. The number may not be exact, as it varies, but this is roughly the correct ratio.
Truthfully, customer bank deposits are a nuisance to the banks.That's why they charge so many fees for, among other things, smaller accounts.
Remember, bank deposits are liabilites to the bank. The cash the bank has isn't the bank's cash.
Banks make the money when they lend, and as long as the Fed prints it, which is unconstitutional by the way. Interest charged becomes the profit.
Walk into a bank and try to get $10,000 in cash. Most banks, most of the time, don't have that (there are many reasons for this). They have to make a call and round up the funds. Sometimes, you may have to wait a day. Imagine if everyone decided they wanted their deposits right now...a run on the banks. The money doesn't exist. It simply doesn't exist. FDIC makes some guarantees, but they can't cover what they promised, if asked to.
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Right I was only talking about the initial deposit, no doubt its ludicrous I'm sure its probably done all around the world I suppose.Comment -
The Federal reserve type banking isn't anything new. Rothschilds have been at this game for some time, perhaps the mid 1500's. Our fore-fathers left Europe because this type of banking destroyed Europe. Thomas Jefferson has a lifetime of writings talking about these type banksters.
Thomas Jefferson said, "If the America people ever allow private banks to control the issuance of their currencies, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their prosperity until their children will wake up homeless on the continent their fathers conquered."
We can thank Woodrow Wilson for his ignorance. God said: my people parish because lack of knowledge.Comment -
The more we take heed to what God says, the more we can understand... I've come full circle with the subject, all of this has to come to pass at some point, and it's either we back Israel, and what the Bible calls for, or we are backing the other side. No matter how corrupt the dollar is or how corrupt anyone is in the world..... Israel will stand.Comment -
Fascinating... now I want to watch the whole series.Comment -
Creature From Jekyll Island is a long read, but will explain the motivation of economic policies for a number of super power countries in the world..........destroy them in war and then turn around and loan them money to rebuild. The collection of interest greases the wheels of the banking industry world wide. Banks lending money that they don't have and doesn't exist is hard for most to understand. I could be off on my exact number, but it's very close to a 10% rule..........for every $100 you loan, you only need $10 on deposit. So when you hear of banks raising capital, their motivation is to raise money on deposit so they can increase their loan portfolio. The more loans, the more interest and if some don't get paid back, so what, the money didn't exist anyway.Comment -
Ok. Now for the big question. Now that we know all of this what do we do to stop them ???Comment -
Why do you think every year the wealthy leave the US and become citizens in other countries and take their wealth with them? That's why the US govt. discovered that a lot of wealthy people had their money in Swiss bank accounts and now want to go after them for tax invasion? They know and understand what is going on in this country. Unfortunately, our forefathers who wrote the constitution and broke away from the British empire knew that it was possible that history can repeat itself and that our Govt could get too big and the possibility that the people may have to revolt and take their freedom back. That's why their is a lot of social unrest going on as this just starting to play out.Comment -
Thought the same thing. The video tells you what's going on, but doesn't say what to do. Reading between the lines
it says to have physical gold. At the current prices, that's out of our reach.
The Fed was created in the early 1900's and Nixon took us off the gold standard in the 60's. Everything has gone to shit since, because EVERYONE is in debt.
If everyone got out of debt maybe the Fed would collapse? Remember back in the day when people didn't buy anything until they had cash in hand? Not today, charge, charge, charge. CC companies are making money out of nothing. Banks charging you money on your money, again, making money out of nothing.Comment -
Think thats why they want your guns to prevent any gesture of a revolution. They are working towards that it seems and once implemented all hell will start to break lose. People know alot of things about the government but not enough know, most are still ignorant to things, many dont care, many arnt living destitute and have enough freedoms to where its not even thought about, it will only become a true part of the thought pattern once freedoms and collateral start to dwindle if that really ever occurs. You see many other countries have had such political revolutions, but the living conditions were much different in most of those places first.Comment -
Yup..
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Break government back down to size, file bankruptcy ... We will not pay off debt, go back to gold standard for a start, we are a war based economy though, so many work for the gov. it will be hard to get off the gov drug.
The Great Default is a function of mathematics. The only thing that is a variable is growth. We squash that by increasing govt (Medicare Part B, military, liberal stuff, etc), or reducing income (tax cuts). We are used to free candy. Except that nothing is really free, is it?Comment -
The video didn't show you how to fix this... that is correct. What is certain is to first..... get out of debt. It's the hardest thing to accomplish. People have emotions... and WANTS and NEEDS change constantly. Everyone wants BIGGER and BETTER things. You need to have a plan... individual or family plan... and make sure you and/or your family is secure. 98% of Americans owe and pay 1 monthly loan... The world was made to live on credit. Only the elite... do not live on credit... the 2%
The last 3 years of my life... I stopped spending on useless items. The only way is to pay off things... like your car... a loan etc. Most won't pay off their homes.
The constant spending keeps this economy going... especially on credit.
Filing bankruptcy is an out. And many people have. There's so much interest accumulated from prior loans etc... even if a million people filed bankruptcy (which they have already) wouldn't tilt the economy. That's how crazy of a lead financially banks have on everyone.
The only way a person can help.... stop useless spending.Comment -
One thing that most people don't think about... the government loves a BREAK EVEN BUSINESS. People think you go into business and you're going to make HUGE MONEY. It's not the case. You go into business... you have bank loans or C.C. loans (high interest) for supplies to build your business. For whatever reason... your business income isn't as high or expected as you'd like. At the end of the year... you pay your payroll tax... city equipment taxes... and other yearly fees. At the end of the year you balance your books... you come to find out... you are a BREAK EVEN BUSINESS. Great for our government/banks. Not good for you or your family.
The government isn't stupid... they know you're the mastermind of your business. They know what kind of pressure you're under mentally and emotionally. You think they want you to win? Your "break even" business actually keeps the economy stimulated in more ways than one.
There are many break even businesses that are still functioning in the USA. The owners have too much pride to close the doors. Trust me on this.Comment -
any solution???Comment -
The only real solution is to audit the Federal Reserve and recognize it for the illegal, constitutional "workaround" entity that it is and outright abolish it.
This of course would lead to a drastic change our way of life. This is the 3rd or 4th central bank on American soil...the previous ones all went bankrupt.
History implies you can do nothing about the system as even when it crashes and burns, it resurrects.
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What to do ? Just my opinion.......Please draw your own conclusions.
1) Get as far away as you can from any government sponsored programs.
2) Be as independent as you can financially.
3) Stay within the law, but only pay taxes you are obligated for. Hire a great accountant.
4) Question the actions of the masses.......if our government is promoting something, stay away......529 plans, 401k plans. Don't be one of the Buffaloes going over the cliff with all the others.
5) Manage your debt. Think about all the shit you have bought that is worthless and meaningless. Stop it.
6) If you are in a hole, quit digging. Save something.
7) The good Lord hates a coward. Man up. Own your actions. Quit complaining. Go to work.
8) Get off social media and gain control of your environment. Associate with people who care about you and who will help you.
9) Read. Think. Read more. Think more.
10) Dont wager without a bank roll.
11) Realize the biggest difference between Wall Street and Las Vegas is the zip code. Similar games.
12) Try real hard to limit your banking system participation to having a checking account and maybe a mortgage.
Enough for now.............Good luck.Comment
