The background to the world money system in NOT taught in schools. What a singular omission considering the core centrality of money's importance in all our lives!

What follows would be mandatory reading in all schools if we had a sane educational system on this planet. Okay, back to David Icke:

"and no smart-suited economist or correspondent on the television news will tell you the truth either. Some of them don't know what is going on because they have been programmed to believe nonsense by the education system, while others simply don't want you to know. The foundations of the manipulation toward a world government, army, bank and currency are built on the fantastic con trick we call the banking system. Once people understand the way this works, it is easy to to see how a few can control the lives of everyone else.

The banks are given the power to 'create' money, by which they mean 'creating' non-existent money known as 'credit'.This costs them nothing, but the moment this credit is brought into theoretical existence the banks can start to charge interest on it. This is the system that controls everyone's life. But it goes further than that. When you take out a loan, the bank 'creates' credit for the size of the loan, say £20,000. If only in theory, that is 'new' money. But you are not going to pay back only £20,000, because you have to pay interest on that loan. The interest has not been 'created' by the bank, but it still has to come from somewhere. So where?

From the wealth and credit already circulating in the world. In this way, since this crazy banking system began, the real wealth of the planet has been sucked into the banking system as the interest paid on every loan to every person, business and government. This has allowed them to lend even more non-existent money on the back of that and get the world even deeper in debt. The wealth and credit-loaning capacity they have accumulated is beyond comprehension, far more than that of the United States, the richest country in the world. In fact, they own the United States, as they own almost every other country in the world.The bankers have used this wealth and credit mountain to buy and control the global oil companies, multinationals of every kind, the media, the armament companies, the drug companies, the politicians, the political 'advisors', and virtually everything else they need to control the world. The same few people and families own the lot! They hide this truth behind the front organisations, the nexus of companies, and the puppet directors, and they are supported in their desire for secrecy by the pathetic media and the education system."

".....By controlling the creation of credit, the bankers can cause booms and busts, nationally and internationally, whenever they wish to further their ambitions. An economic depression is not caused by a collapse in the demand for goods and services. People do not decide that they no longer want jobs done or articles produced. An economic depression is caused when there are not enough pieces of paper and electronic 'money' in circulation to pay for those goods and services. And who controls the amount of money-credit in circulation? The banks. If they want to cause a depression for ulterior motives, as in pre-war Germany and the U.S., they take measures which reduce the amount of money in circulation. They reduce the number of loans they make and raise interest rates. This also reaps a colossal reward for the major (Global Elite) banks. People still have to pay the interest on loans taken out before the manufactured economic collapse and if they default, the banks take their property and increase by hundreds of thousands the number of farms, businesses and homes they own. And with every payment of interest by those who continue to pay off their loans during a depression, more money is being taken out of circulation and not recycled back into the economy, thus increasing the depression. This process of reducing the money in circulation and causing a depression can be seen all the time. The economists and their poodles, the politicians and economic correspondents, call all this part of the 'economic cycle'. Baloney. In the 1930's that terrible Depression, in which men, women and children starved in a world of plenty, was caused by the banks withdrawing money from circulation by refusing loans. It wasn't that people didn't want to eat; they simply could not afford to buy the food because money had been artificially taken out of circulation. I will leave it to an 'insider' to sum up the situation I have described. Robert H. Hemphill, a credit manager at the Federal Reserve Bank in Atlanta, said;

'This is a staggering thought. We are completely dependent on the commercial banks. Someone has to borrow every dollar we have in circulation, whether it's cash or credit. If the banks create ample synthetic money we are prosperous, if not, we starve. We are absolutely without a permanent money system. When one gets a complete grasp of the picture, the tragic absurdity of our hopeless position is almost incredible, but there it is. It is the most important subject intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse, unless it becomes widely understood and the defects remedied very soon.'

There was no money, people were told, to build houses and feed the population. But suddenly, when it was time for the Global Elite's war, the money to finance Hitler, Japan, and the war effort in the United States and Great Britain was limitless. People often say that there always seems to be money available to fight wars. Of course there is, because the bankers who control the world economic system wantthose wars. They do not want people well-housed with full bellies and a proper education because then they would be much harder to control. It was not the much-hyped 'New Deal' policies of Franklin Roosevelt which ended the 30's depression, it was the banks putting money back into circulation to finance the war they were creating. Here is a reality of life on earth:

There is no need for anyone to be cold, hungry, homeless or in poverty. All these things are caused by the lack of pieces of paper and electronic numbers called money circulating in the world and by the charging of interest on them. We could change that today if the desire was there.

The whole house of cards, and the control of the human race, is based on the charging of interest on money. The subject of interest is crucial. There is nothing wrong with money if it is used only as a measure of exchange for goods and services. It is when you charge interest on money, most of which doesn't physically exist, that enormous dangers arise. You can then make more money from manipulating pieces of paper and electronic numbers than you can from producing essential goods and services for people who need them. With the charging of interest, the money chases those who already have money and ignores those who have not. The cataclysmic social and financial divisions in the world are caused by the charging of interest on money. Production is geared to greed, not need, and the rich get richer and the poor, poorer. Often it is not the cost of a house that prevents people from buying a home, it is because we have to buy three or four for the right to live in one! A mortgage leaflet put out by the National Westminster Bank tells me that if I take out a loan of £50,000, I will actually pay them back £152,000, the price of three houses to buy one. And on the front of the leaflet they have the nerve to claim: "The National Westminster Bank. We're here to make life easier". Imagine the transformation that would occur if people only had to repay the capital (with no interest) on their house over a period of 25 to 30 years. The cost of a mortage and a basic human right (a home) would plummet immediately by two-thirds. The builders would still get paid because they are paid from the capital price. The suppliers of the materials would still get paid for the same reason. The only person who would not make the killing of today would be the banker who currently makes a fortune from every house purchase. Builders go out of business and people sleep in the streets to allow a few bankers to grow fatter and richer, and ever more powerful.

There is no reason whatsoever why a government cannot print its money interest-free and lend it interest-free to the people to buy a home, with perhaps a small one-time charge to cover administration costs. The only thing stopping this is the lack of will to do so by politicians of all parties controlled directly by the elite or by its economic manipulation. In England the government was paying £1billion a year in interest on borrowing after the end of the 1960's. By 1993 it had soared to £24.5 billion. The government has borrowed to pay interest on previous loans while the capital has remained unpaid. Contrast that £24.5 billion in interest payments with the £33 billion spent on health that year and the £11 billion awarded to education. Don't complain about a lack of school books or crumbling buildings. The bankers have got to eat, you know.

Another money confidence-trick is that of inflation. We are told that inflation is caused by too much money in circulation chasing too few goods. This is used to justify the removal of money from circulation, which leads to an economic 'depression'. How can inflation be caused by too much money chasing too few goods when in any depression the shops are full of goods on the shelves left unsold? And if more goods are being sold and production is increased, why don't the so-called economies of scale bring prices down? Greed is part of this, for sure, but there are actually too many goods chasing too little money in circulation. Interest on money massively inflates prices and it does so while ensuring that there is too little money to spend on goods.

Each time a bank creates a loan, it is creating more debt than the amount of the loan itself. Take the example of the £50,000 loan from the National Westminster bank I mentioned earlier. The loan is worth£50,000, but the debt created at the same time is £102,000. To pay this back, the borrower has to find more money - double, in this case - than he has borrowed. The only way he can do this is to earn money that someone else has borrowed into existence. The debt of people and governments explodes in this way, but there is still a scarcity of money to spend on goods because so much of the money in circulation is spent on servicing debt.

We are told in these circumstances that the supply of money in circulation must be reduced because prices are being inflated by too much money in the system. The main reason prices go up is because they are reflecting the amount of debt that has to be serviced. The more debt, the higher the prices throughout the system from material suppliers to transportation to advertising to shops. The cumulative effect of all this debt is reflected in the price of a product on the shelf. Whenever you buy anything, from a loaf of bread to a Rolls Royce, you are paying back someone else's debt to the banks. How do the economic 'experts' react to higher prices caused by the need to service debt? They raise interest rates to discourage more borrowing and reduce the amount of money in circulation. And what effect does that have? It creates more debt among those people already servicing loans and ensures that there is even less money to spend on goods. Basically there is never too much money chasing too few goods, except among certain products and commodities from time to time due to a host of other factors, including greed. Generally it is always the other way around, too little money for too many goods.

 It doesn't have to be like this, HERE is a better way

If the contents of this site have made you really THINK about the nature of money and the manipulation of that commodity in a way that is new for you you might like to investigate this site which has links on it to other sites that all have at least a tangential bearing on this topic:

 Interesting Links

For a long time after I set up this website some years ago it bothered me a lot that many people would be profoundly depressed by the revelations of these documents - particularly Sheldon Emry's "Billions For The Bankers - Debts For The People" and would feel that there is no hope for the human race; much as I detest the amoral plutocrats who are currently running/ruining finance on this planet, I am now personally satisfied that the Illuminati's prized "New World Order" will either never come to pass in its entirety or will be so short-lived if it does that we needn't worry about it. I've always had a core intuition that evil human beings would ultimately prove to be their own undoing and that they would have no place on an Earth transformed by a cosmic event of such magnitude that they would be exposed as anachronisms and utterly done away with; for the supremely GOOD NEWS see

 Nature's natural antidote to the business-suited criminals of the New World Order

Please don't be puzzled when you encounter the data on this site; there is much that you need to know before you can fully understand just how cyclic astrophysical events are going to insert a big spanner into the carefully-contrived plans of the surpassingly arrogant individuals who fancy that they've got some kind of divine mandate to run everybody else's lives but who are going to increasingly find that events are going to spiral unmanageably out of their obsessive control. I promise you, if you're serious about wanting to know exactly HOW these megalomaniacs are going to get their come-uppance then please be patient and trawl systematically through all the material presented on this very revealing website - ultimately it makes for very cheering reading!

Lest any naive reader think that I have exaggerated the case of just how inveterately corrupt banking on this planet actually is and how long overdue for major overhaul, read this link as well for supporting data: Banking's Cover-Ups

Just two or three years ago if you Googled for articles to do with debt and scams you were lucky if you got a dozen items all told; nowadays though they are starting to proliferate so it does seem that the message is getting through and people are starting to find out just how cynically they've been conned by these unsavoury people in the uppermost echelons of banking; their time of being able to get away with all of the afore-mentioned is running out! It may sound strange to say it but the commodity that will eventually prove the undoing of the elite cabals is that peculiar thing we call TRUTH. Truth is under-rated and insufficiently well-understood by many individuals but there is a genius currently on this planet by the name of David. R. Hawkins who has written a series of books that improve anybody's ability to identify it. Esoteric findings have now been put into the public domain by this amazing man. All of his books are stunners but a good place to start is with one called "Power Vs. Force". If you've never heard of him before then a Google Search will quickly give many leads for finding out more about a human being who may well be the single most important person alive! When you've read "Power Vs.Force", also check out "The Eye of The I", "I - Reality & Subjectivity", "Truth Vs. Falsehood (And How to Tell The Difference)","Transcending The Levels of Consciousness" and "Devotional Non-Duality - Discovering The Presence of God".

 

This is the END of this site!

Back to the Home page