The Manufactured "Debt" Crisis
July 27, 2012
The "Debt Crisis" is a charade aimed at impoverishing and enslaving us.
The earth is a debt plantation farmed by the Illuminati bankers.
by Anthony Migchels
(henrymakow.com)
People are calling this whole Credit Crunch Charade "an insolvency crisis."
The latest example is by Michael Snyder:
"Well, the truth is that this is not a liquidity crisis. If it was, the central banks could flood the system with money and solve the problem.
No, what Europe is facing is an insolvency crisis. There is way, way
too much debt in the system and it is inevitable that an "adjustment"
is going to happen."
In the first place, all the major banks own each other. They also control or outright own the Central Banks. Even BIS is a private corporation.It's just one massive cartel and monopoly.
So we ask: if my right hand owes to my left and he can't pay up, do I go to my neighbor to bail out my right hand? Or do I, as the owner of both, just cross off this debt?
Huh? Get it? Instead, the bankers are using the "debt" as a pretext to squeeze the populace.
INTEREST
Secondly: the problem is not debt, it's Interest.
These banks create all the credit through fractional reserve
banking.
Most of the money out there was created the moment a loan was
taken out.
This is an almost zero-cost operation. (If you don't build massive palaces all and pay your people massive wages (bribes) let alone fork over to your vampire 'traders' and 'investment bankers'.)
If we call an interest moratorium, the "depression" would be over tomorrow.
The debt is real but the interest is not. The debt must be repaid, but not the interest.
You can check for yourself:
http://realcurrencies.
CONCLUSION
Nothing to conclude. This is a massive charade aimed at causing
depression while raping us for untold trillions. The only
thing that makes it hard to see is the sheer scale of the thing.
The bigger the lie, the easier to sell.
The sooner we wake up to the blatantly obvious, the sooner we can put all these bozos in their place.
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Anthony Migchels is an Interest-Free Currency activist and founder of the Gelre, the first Regional Currency in the Netherlands. You can read all of his articles on his blog Real Currencies
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Related:Understand that the Banking System is One
The Few Banks that Own All
The Problem is not Debt, it's Interest
The Wolfson Prize, I win!
Debt Repudiation or an Interest Strike?
David said (July 28, 2012):
Some only see 'interest' and 'usury' as what is wrong with the financial system. Actually, the whole system is wrong. The system of FIAT money, created by private people for profit and control of the Earth is wrong. The citizens have been pre-empted in their decision of what they want..and of what is good for them. The Bankers have transformed Money from being a medium of exchange to being a tool of control of Nations.
Money has become the new God. The only merit that goes into being wealthy is the physical or electronic possession of money and what it can buy. The social order whereby wealth should go to the talented, the hard workers and those who risk themselves...has been corrupted. Drugs and Arms Merchants are the wealthiest on Earth....apart from the chosen Bankers.
What is needed now is a RESET button. We cannot trust 'market forces' especially when we suspect that those forces are actually the Money-printers and allied gamblers! Competition only resolves things for the Banking race who sneak into total control of Earth. Our EXCHANGE SYSTEM must be configured differently. No more of their Economic propaganda from their think-tanks. Money must belong to all and must given to all. Money as social credit is a very attractive option.
Presently, who prints the money accumulates the capital in this capitalist society. Thus the Bankers set themselves up as the rulers from Round One! They own the Banks, the Corporations, the Industries, the Financial Sector, the resources, the Housing, the Land ...what is left that they don't own? It is not just indebtedness that is the problem...it is life itself! Flu shots, anyone?