Charging Interest for the
Use of Make-Believe Money:
The
banking industry is unique among businesses.
It's unique in that it's the only industry that can lend/sell
you a non-existent product and charge you rent (interest) on
the use of its product. Rental business owners
can't get customers to
pay rent for the
use on non-existent cars, or for the use of non-existent
tuxedos or non-existent bicycles? How many people
are going to go to a restaurant and pay for a non-existent
dinner or pay rent for the use of a non-existent house or a
non-existent apartment?
And at the
same time, right now, you and I and everybody else who owes
money to a bank or to credit card company is paying his/her
hard-earned money
(transferring
some of his/her goods and services) to the super-wealthy money
lenders for the use of their make-believe (fiat)
money.
Here's how the scam works:
The super-wealthy have set up a banking and financial system
that replaces real money with fairytale, make-believe money.
It's money not because it has intrinsic value. It
has value by declaration only. It's called fiat
money. They have simply declared that they ( and they
alone) have the right to print counterfeit money (create
receipts for goods and services) and pretend that their
receipts have real value. (The money in your
wallet and in your bank account is "fiat" (make-believe)
money.
Every time they add more fiat
money to the financial system, (such as giving billions of
these make-believe dollars to the bankers) that new money
steals its value from the money already in the monetary
system. That's why you pay higher prices for
gasoline, food, rent, medicine, and everything else people
buy. The dollars become less-valuable, therefore
it takes more of them to pay for your goods and services.
Here's a simple example: In 1913, the year that
the Federal Reserve took control of the American monetary
system, a postage stamp cost one cent (one penny).
Today, the cost is forty-five cents (45¢).
You Are Being Milked for Money
You and I, small business owners, and the general public
borrow the banker's money. We work diligently to
produce goods and services and then we give/pay some of our
real goods and services to the lenders (fees and interest
charges) as payment for the use of their non-existent,
make-believe, fairytale, fiat money. Then while we
struggle to survive, the
super-wealthy spend their make-believe money on real goods and
service and live extravagant lifestyles using this stolen
wealth.
This technique
for milking the public for money has been going on for so many
years (since 1913) that it's considered normal and almost
nobody questions the validity of the system.
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