Lack of Critical Thinking

 

Banks cannot go broke:

Most people lack critical thinking, but now it is time for all of us to be armed with the truth, so read on and spread this knowledge. This subject is outrageous because it affects all of us. The monetary system is created to be top down corrupt. Worst of all it is put up on fraudulent accounting practices; having the power of money creation a bank never can go broke. – Broke BankThey just create all the money but don’t book that in their ledger. In other words, money that isn’t accounted for in their cash flow account. Having the power to create money out of thin air and lend it out against interest is usury. – But what widely not is known, is that the loan is not booked! So having no debt with the power of money creation banks cannot go broke! Accordingly, loans that are not or partial repaid are never a loss to the bank. – Every tiny bit of the loan plus interest that has been repaid, is a one hundred percent profit for the bank! – When for example €100 is created and lent and not accounted in the ledger, when only €20 is returned, the bank still has a profit of €20, because the other €80 of phantom money laundered at its lending was never booked as a claim on debt, why it cannot be a loss! That’s why the returned € 20 is pure profit for the bank. This exactly is the core of banking secret, deliberately centred on fraudulent accounting, giving the banking industry immense power in combination with the creation of phantom money.

 

The real secret of money creation lays in the not accounting for it:

The real secret of money creation, is that it is not justified in the ledger. Consequently, a bank without debt claims on its balance sheet, and equipped with the power of money creation never can go bust, there always is sufficient money available to stop any gap, hence financial banking troubles don’t exist. The reality is that money is created out of thin air at no cost the moment it is lent, money that intentionally never is entered in the bank’s bookkeeping!

 

Banksters are scandalous sneaky about money creation. They fairly well know as everybody else does that once money is created it must be reported in their ledger to show up on their balance sheet! When professional questions were asked about this procedure, they didn’t care to answer about. All is kept in silence; the world meanwhile knows about money creation out of thin air that didn’t come out of the bank’s vault. But none or probably very few know about this accounting hoax. – For example when a mortgage is in arrears, not only the property is confiscated by the bank, but the repaid part of that loan plus the property are plain profit for the bank, while the ‘debtor’ remains liable for the unpaid part of the loan until the property is auctioned off, and if a loss remains the debtor still is liable for its repayment. And this horrendous swindle provides the Khazarians the power to buy and manipulate everything and everyone on earth, including governments.

 

 

Banksters Scam:

Generally, it is not known that the bank’s accounting system is a scam; new money is not recorded in their cash flow, while they do record the expenses when default occurs, but not the creation of the asset, that makes the bank’s accounting system an Bankster scamintolerable scam. Worse, they tell the public about their imminent bankruptcy, which never can happen, but that is to extract even more money from the public coffers, as was seen with the Too Big to Fail Banks in 2008 who were injected with trillions of taxpayer money!

 

Central Banks and commercial banks never can go bankrupt because of the money created that should have been recorded in their cash account. Banks can maintain this practice because they are to no one responsible probably only to the Rothschilds. Like in every other business they must apply the GAAP accounting rules, but those deliberately aren’t utilised. Even their external certified public auditors like the KPMG, Price Waterhouse, Lloyds, etc. do certify their accounts while knowing quite well that these GAAP rules are not met! Banks tell the public otherwise, asking for financial support from governments and that is the sign when accountholders can be plundered through the bailins legislation already widely accepted by law. By faking to be on the edge of failure that another blatant lie is. People by now should understand that keeping money in the bank is very dangerous.

 

Phantom money rigs the markets:

Now, it also is better understood how the market manipulation functions, especially in respect with gold and silver prices. – The banks bet with large amounts of phantom money to lower silver and gold prices, and when they lose the bets they only lose the fake money but no moneys out of the bank’s vaults. They don’t bet to gain money it’s to rig the market pricing.

Phantom moneyEqually they are buying stocks for the purpose to illustrate the excellent performance of the asset markets, to validate the strong performance of the economy. Be assured that natural resources like oil, etc. are rigged in the same manner. The banks’ investment scope is manipulation, and promoting insider trading with their friends to profit from this knowledge. Banksters in the banking cartel are seldom fined and never send to jail, which of course is ridiculous. Knowing that the banking cartel control governments this isn’t a surprise. If the GAAP accounting principles were applied, entailing the register of created money in their books, most of the world would be out of debt. Now you may understand why we the people are debt slaves, the power of money creation intentionally produces enslavement.

 

 

Money creation means unlimited Power:

The bank accounting is far from reality; it doesn’t account for the money created. With the banking reserve system capability, no bank can loose money. But nevertheless they tell the public that the banks are in trouble. This is criminally absurd. It has corrupt moneynothing to do with reality, but all with their agenda for enslavement of the people.  It is the banking cartel families, the Rothschilds, Rockefellers, Morgans, Warburgs and a few more that are responsible and in control of almost every central bank, and TBTF banks in the world.

 

The whole banking system operates on the Rothschild money creation trick to ensnare and enslave the world by telling lies about their insolvency. – Marco Saba, the President of the Italian Institute of Superior Studies on Economic & Monetary Sovereignty, correctly asks:

 

 “How can a bank that is allowed to create money out of thin air ever be insolvent?

 

The secret of how money is created needs to be revealed to all people on earth. The power of money creation has made the Banksters more powerful than any nation, in fact the international Banksters which comprise the IMF, BIS and all central banks, like the Federal Reserve are the shadow governments that controls almost all nation states all over the globe.

 

The power of money:

This demonstrates the necessity that the power of money creation must be returned to the people and not staying with e authorities or politicians. Banksters now create money and buy people, everything and put the whole world at their command. The Fractional Reserve money system should be abolished, or at least correctly accounted and audited.

 

Now they can make huge gains without expenses. They lend unaccounted money, but book the expenses and losses in the event this phantom money is not repaid. Technically the debt was already paid at its inception that generates immense profits for banksters.

 

Stockholm syndrome:

When in 1963 Kennedy decided to correct this matter, he was killed within 5 months.

Iran is one of the few nations left that has a sovereign monetary system. – Bush, after 9/11 said ‘you are either with us or with stockholm_syndromethe terrorists’. But we the people are in both cases with the terrorists. Government under control of the banksters are our gravest terrorist, it’s like the Stockholm syndrome you love your captors, the terrorists are your banksters and government.

 

Auditing the Fed and Central Banks is difficult to achieve as they don’t want to let the public know their huge revenues from their criminal money creation. Of course all of it must be shown in the ledgers to know how and when the money is created, and being justified by external certified auditors. The whole accounting system is corrupt, putting society entirely in control of the Oligarchs and their banks, including inspectors, justice, government, everything. For the elite doesn’t exist the Rule of Law.

 

Next to debt money is it unaccounted money that enslaves everyone. In other words, under performing loans are pure profit for the bank, in combination with money creation out of thin air banks never loose all is structured on fraudulent accounting.

 

 

When money creation is not accounted there is no limit, which always turns into excess. The very genuine banking secret is that they don’t account for the money creation. The first thing to change is the removal of the criminal Reserve banking system. People must control the issuance and quantity of money. Today; only 2% of the money is emitted in physical form. Imagine what is going to happen with a bank run?

 

The final days of paper money:

There is no question this ongoing central bank policy regime will eventually lead to a catastrophe.

 

final days of paper moneyThink about what’s happening. You don’t need to have a PhD to understand this. With NIRP or ZIRP who would ever own a government bond that’s guaranteed to cost him money? Who would whish himself to engage in that deal for a two-year period? That’s the situation where the bond markets are today in both Germany and Japan.

 

What do you think will happen when Japan, Germany, and the U.S. decide that they have to stop buying their own bonds? What will be the cost to short these currencies? What will be the cost to short these bonds? That moment will be the biggest “green light” in the history of financial speculation. After all, a bond that yields nothing costs nothing to borrow. And a bond that pays a negative interest rate would pay a speculator to short it.

This is what happens when governments go broke and cannot finance their obligations in legitimate ways. It’s only a matter of time until the whole world is in financial chaos.

 

The Solution:

The only real and permanent way to stop a global run on banks like this is by backing major currencies with gold and defending the value of the currencies at a reasonable level. A return to the gold standard could be painful, but which would make jobs sprout like mushrooms across the nation, as imports would collapse to a level where there would be neither an export deficit nor an export surplus, and local producers would jump at the chance to reopen industries to supply the nation’s consumer. Remember, there is a vital link between Jobs and the Gold Standard.

 

Silver and gold would skyrocket higher as the US Dollar loses its dominion as the world’s reserve currency. And as the once formidable Dollar ultimately begins to hyper-inflate as nations lose all confidence in the Federal Reserve Note, no one can say with certainty, but there are very concrete signs that the cracks in the western banking system and fiat Dollar are about to turn into gaping fissures.

 

Meanwhile, China is hoarding PHYSICAL silver at the Shanghai Gold Exchange and openly encouraging Chinese citizens to acquire physical silver and gold as a way to protect their wealth. It’s a paradigm shift of epic proportion, away from paper Dollars and into PHYSICAL precious metal.

 

 

BANKSTER MONEY CREATION IS ENSLAVEMENT

Marco Saba the President of the Italian Institute of Superior Studies on Economic & Monetary Sovereignty, explains the LIE that the international criminal banks are insolvent — it’s all part of the Rothschild money creation trick to ensnare and enslave the world.