The Banking Scam … how it works!
Posted on 01 June 2010 by admin
Because the World trades daily every second of the day, it is not possible to trade in physical Money (cash) so the Banks developed a system where they would issue a paper for an overly exuberant amount.
This made sense to trade this way because there was not enough money printed in the entire world to back up the amount of money needed in physical cash terms to pay for the items purchased or sold. And even if there was it would not be logistically possible to keep transferring Money from A to B to keep the trading going every second of every day, as once the money hits the sellers account it is moved on again as that seller has now purchased something else, so the money never ever stays still, it is constantly moving.
With the introduction of the Papers (MTN’s Bonds or what ever other terminology used for a Banking Instrument) it makes it possible to trade constantly as basically an IOU is being issued against purchase.
What the Banks failed to see was that by creating these papers they actually set in motion a run away train that just kept gathering speed.
As I have already explained there is not enough physical cash in the entire world to pay for all the trading that is being done. So when a Person or Company Lodges physical cash in to the Banks this money is removed & replaced in the Person or Companies account with an IOU that lets the Bank know that they owe this person or Company the amount the IOU is written for, & this is what the Company or person see when they are issued with a Bank statement, it is a statement sent by the Bank to Person Company verifying the Bank debt to that entity.
OK now we understand how the system works lets explain how the run away train became a run away train.
Because so many papers were created the actual amount of money that all the papers add up to far exceeds the amount of money that is physically available or ever could be available.
How could this happen you ask? The answer is simple GREED. The Bankers could see that by creating this paper & not having to part with physical cash of their own & by simply issuing an IOU they would keep their personal profits & use the hard earned money of the Person or Company that were depositing their hard earned money in to the place where the person or Company thought it was safe.
The Banks have now created the perfect Web & Fly situation “Come in to my Web said the Spider to the Fly”
What the Banks failed to understand is “What happens when all those IOU’s they have issued are called in”?
We already know there is not enough Physical Money in the entire World to Pay off the amount of Debt created by the printing of the IOU’s. So what the Banks do is print more money so they can pay off the IOU’s But by doing this they have now created a very false economy because not only have they created a Debt within a Debt they have now taken the Hand brake off the train & the train is slowly moving forward.
The Banks then print more money to pay off more IOU’s but fail to realise that they are never actually paying off anything from the very first IOU that they issued, because already that IOU has been issued against another purchase.
So to combat this they print more IOU’s that can be used as legal ten
der for trade purchase therefore creating the same scenario all over again.
Each time this cycle repeats it’s self the Runaway Train just gets faster & faster.
The only way that the Banks can now try to put the brakes on is to produce more products that can be Traded (Sold) & how do they do this?
By selling to the Public the things that are needed everyday like Drugs Oil, Food etc & in that order, as they see the way out is to sell the things that make the most profit. Therefore bringing back into the system more of Mr “Joe Publics” hard earned physical cash, so they can generate more Debt or IOU’s.
All the Legal & illegal drugs produced in the World come from plants it does not matter that the Drugs are enhanced with certain chemicals to make them either more addictive or more beneficial to fight disease. The Base ingredient is still the same either Heroine Cocaine Opium whatever it matters not as it is Natural & easy to produce.
Now if you understand that then you can relate that to Oil & anything else that is needed to survive but is very easy to produce…
How can the use of an IOU issued by the Bank help me you ask?
In the long term it can’t because like all debts you are supposed to pay them back & one way or another you will have to pay the debt back, it might not be for a few years but you mark my words you will have to pay it back.
So for the short term & as long as you don’t put your name to the debt you can benefit from the IOU as the profit created on the debt is then handled by an institution that donates to the Charity from the profits made on the trading of the IOU.
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This will last for the entire period that the institution can maintain the repayments on the IOU. The Charity or worthy cause will never have any direct involvement with the IOU as it is the Institution that is donating to the Charity or worthy cause & in a nut shell any profit generated by the institution “ They can do with as they wish”.
The trouble starts when the Institution can’t pay back to the Banks the interest on the IOU. Sometimes this is out of control for the institution as they maybe generating a profit in what ever business activity they are involved in but further up the line another IOU has had the debt called back in or that IOU has been borrowed on so many times that there is now nothing left on the original value to borrow off.
So Z calls back the loan from Y & Y from X & so forth until we end up back at A. But along the way back from Z to A the lives of millions of people has been affected or destroyed.
Never does the Charity or worthy cause fit in to this category as the people they were set up to help have already benefited by the donations made by the institution, & in No way shape or form will any asset seizure be implemented.
The only people that have not been “affected” are the Banks because they have gained by taking physical assets to the value of the IOU. That they created in the first place. So again the Web & the fly scenario show’s it’s self.
The Banks are now the owners of the seized assets against the debt, YET it was them that created the Debt.
Think of the Phrase earlier “Come in to the web said the spider to the fly” The Banks have already created a non returnable debt protecting themselves, so the easiest way to get it back is to take it from the very same people or Companies that gave the Banks their hard earned money in the first place, Thinking that it was far safer for the Bank to hold their money under “supposedly” Safe conditions rather than keep it in their own premises where it could be stolen or destroyed & there would be no record of them actually having what they had. Hence the saying “always put your money in to Land”.
To offer an incentive to the Public or Company the Banks say “You come a lodge your money with us & for doing this we will give you a very small gift” - What gift you ask “Well” say the Bank we will give you a very small percentage of money for allowing us to look after your money so the more money you give us to look after the more money we can give you back in return. Knowing they were going to use your money to make themselves more money.
Wow says Mr Joe Public or Company this sounds to good to be true, I have to put my money somewhere safe & I can come & get it if I need to & you will give me a little money as well if I do this.
BANG – BANG – BANG “it is to Good to be true” the Banks only give you this little bit of money because they want to use your money & issue you with the same IOU that started the whole process in the first place. So again the train gets faster & faster & faster.
And who pays the ultimate price? The hard working honest man & women that were only looking for a safe place to leave their money.
So now the Banks working in conjunction with the various Governments, rulers dictators (what ever you want to call them) that were put in power to Govern a Country by the Banks originally, set out new ways of how to get Mr Joe Publics money back in to the System, & all the time getting fatter & fatter on their ill gotten gains. So a tax for this & a tax for that a cost for this & a cost for that is introduced aimed directly at Mr Joe Public.
Mr Joe public has a moan & groan about having to meet another payment on his already stretched income, “but this is all he does” because he does not understand what is going on around him as he is constantly bombarded with information that steers him away from the truth & brain washes him into thinking all this is normal.
NORMAL? That’s a laugh!
I am delighted to be surrounded by people whose perception of normality isn’t the one that 99% of the population adheres to. I hope this helps some of the that 99% to…
WAKE UP!
Tags | bank of england, banking collapse, banking jargon, banking scam, City of London, collapse of the money, fiat currency, Freedom Rebels, FreedomRebels.co.uk, freeman on the land, Gold Standard, IOU, Lloyds Bank, promissory notes, ray st.clair, raymond St.Clair, Royal Bank of Scotland, social networking, The federal reserve, there is no money, TPUC.org


