01-30-2021, 08:14 AM
That no money exists in circulation.
The founding fathers thought it was so important that ONLY Congress be allowed to issue money- they put it in the constitution. Many quotes exist warning of the dangers banking institutions could pose- given enough power. That has happened.
So imagine for a second that no money exists. Congress goes to the Federal Reserve- which if you didn’t know already- IS NOT A GOVERNMENT BODY and asks to borrow $1 to put into circulation. The fed agrees- but says they need interest on the loan. Congress agrees. Quite simply put- where in the world did the money come from that’s expected to cover that interest? Answer- it doesn’t exist.
That one dollar bill is split into 10 pieces and given to 10 different banks. Those banks are not allowed to loan that dime out. However- they can pretend they received the full dollar. So now they are allowed to loan $.9 that NEVER EXISTED. that’s fractional reserve banking and that’s our system and it’s a fraud. Remember this next time you request a loan and have to jump through hoops. Remember this next time a home is foreclosed on. The banks never even owned the money to begin- how can they foreclose?
Not gonna argue with anyone. Not even gonna reply. Just wanna share something with people I care about (you). You can look all this up yourselves- or not. Just know that the system is fake and rigged to hold you down.
So whenever you hear dreadful talk of national debt or debt in general- it’s not money that makes the world go ‘round- IT’S DEBT!!!!
True stuff gentlemen.
The GameStop folks will either get paid- or the system will have to reveal itself as a fraud and if that happens we’re in for one wild ride.
The founding fathers thought it was so important that ONLY Congress be allowed to issue money- they put it in the constitution. Many quotes exist warning of the dangers banking institutions could pose- given enough power. That has happened.
So imagine for a second that no money exists. Congress goes to the Federal Reserve- which if you didn’t know already- IS NOT A GOVERNMENT BODY and asks to borrow $1 to put into circulation. The fed agrees- but says they need interest on the loan. Congress agrees. Quite simply put- where in the world did the money come from that’s expected to cover that interest? Answer- it doesn’t exist.
That one dollar bill is split into 10 pieces and given to 10 different banks. Those banks are not allowed to loan that dime out. However- they can pretend they received the full dollar. So now they are allowed to loan $.9 that NEVER EXISTED. that’s fractional reserve banking and that’s our system and it’s a fraud. Remember this next time you request a loan and have to jump through hoops. Remember this next time a home is foreclosed on. The banks never even owned the money to begin- how can they foreclose?
Not gonna argue with anyone. Not even gonna reply. Just wanna share something with people I care about (you). You can look all this up yourselves- or not. Just know that the system is fake and rigged to hold you down.
So whenever you hear dreadful talk of national debt or debt in general- it’s not money that makes the world go ‘round- IT’S DEBT!!!!
True stuff gentlemen.
The GameStop folks will either get paid- or the system will have to reveal itself as a fraud and if that happens we’re in for one wild ride.
-That which we need most, will be found where we want to visit least.-
