/biz/ - Business & Finance

We are trapped in endless involuntary servitude to private banks. We can only break free from this trap is we abolish bank-created money, zero-out all debts, and transition the existing money supply to a debt-free, interest-free money system.

proofs at:
bankLIESdotORG

Government does not create any dollars; ONLY private banks do!

Banks create new digital money to lend AFTER the borrower signs the loan contract. Banks create new money with no need for prior reserves or deposits. The entire money supply is created this way.

proofs at:
bankLIESdotORG

You don't need to buy a book; just go to bankLIESdotORG to get proofs that private banks create all money, NOT government.

Private banks create new digital money after the borrower signs the loan contract. The entire money supply is created this way.

Learning this information will put you in the elite 1% of people who understand the true cause of inflation, hyperinflation, recessions, depressions, and endlessly rising debt levels.

Less than 1% of the population understands that private banks create all money and are responsible for inflation.

Banks create new digital money AFTER the borrower signs the loan contract. The entire money supply is created this way.

Proofs at:
bankLIESdotORG

Before you decide what to do with "your" money, you should understand exactly what all money is.

ALL money is created digitally by private banks when they issue loans. Every dollar in existence was created by bank lending and represents someone's debt to private company.

Learn the truth about banking and money creation at:
bankLIES.org

Also, nice photoshop work!

Here's a terrifying admission from the US Treasury: The money used to pay interest on a loan has been created somewhere else in the economy as another loan.

In other words, we are trapped in a system of endless debt to private banks! Only a few escape, but most of us will be paying interest until we die; interest paid for borrowing money that the banks create out of nothing!

>>50695912
Wrong, D-bag: They still teach the fake Fractional Reserve banking models in econ 101.

Less than 1% of the population knows that banks create all money WITH NO NEED FOR PRIOR DEPOSITS OR RESERVES.

In a 2012 debate with Professor Steve Keen, Paul Krugman repeatedly said that banks only lend out the deposits of savers. In fact banks CREATE all deposits (digitally) when they lend. Why would a Harvard-educated, Nobel Prize-winning economist lie to the American people?https://www.businessinsider.com/krugman-fights-keen-2012-4

Proofs available at:
bank LIES dot ORG

All prices must go up continually due to the bank-controlled money system.

Banks create all of the money, NOT government. Banks create this new, digital money when they issue loans. They only create the principal amount, but never the addition interest that is due.

To keep the scam going, the money supply must always increase, year-after-year. And when the money supply increases, we get inflation.

Proofs available at:
bank LIES dot ORG

Private banks create and control the money supply. When too much money is created by these people, we get inflation and hyperinflation.

>>50547464
Thanks for the convoluted and confusing rant.

Next time, keep it simple:

PRIVATE BANKS CREATE ALL MONEY, NOT GOVERNMENT.

proofs at:
bank LIES dot ORG

Here's some research on banks that the banks don't want you to know about: Banks create new digital money when they issue loans. They are charging interest for loaning you something they never had to begin with.

Proofs at:
bankLIESdotORG

Government forces us to use bank created dollars. We are literally forced at gunpoint to go into debt with private bankers.

Inflation is caused by too much money creation.

Private banks create all money, NOT government.

Banks create new, digital money when they issue loans (with no need for prior reserves or deposits). Our entire money supply is created by banks lending money that didn't exist before the borrower signed the loan contract.

Inflation and debt levels will continue to surge forever unless we abolish the bank-created money scam.

>>50022418
Banks create all money, not government. Your premise of government "printing" money is wrong, and so are your conclusions.

It is impossible to repay all banks loans because the total amount of bank debt is much higher than the money supply. This system intentionally traps us all in endless, unpayable debt from cradle to grave.

proofs at:
bankLIESdotORG

>>49693909
I have no idea what you're talking about.

Yes, the Fed needs to be abolished. But more importantly, we must abolish the ability of private banks to create and control our money supply.

Dis gettin' real now, bro. Here be a US Treasury admission that the money used to pay interest on a loan must also be created somewhere else in the economy as another loan, child. Why the US Treasury be admitting all money is created by banks if it ain't the troof now, child?

>>49408043
The bank-owned Fed helps banks interact with each other by facilitating intra-bank credits and check-clearing. And the bank-owned Fed enforces rules so there aren't rogue banks who crash the entire system. But the actual creation of money ALWAYS involves the extension of credit by private commercial banks.

Private banks create all money, Not government.

The only exception to this is a form of non-circulating money called "bank reserves" that are created exclusively by the central banks. Economists disagree whether bank reserves should even be included as part of the money supply because they only exist to facilitate check-clearing between banks. In the USA, the central bank is owned by its member banks, but in other countries the central banks are state-owned. So in Europe you could argue that 3% of the money supply (bank reserves) are created by government-owned central banks. But in the USA, since the central bank is privately-owned, we can safely say that ALL MONEY is created by banks issuing loans.

Here's a letter from the US Treasury that admits this.

>>49392634
There are thousands of interest rates, but only on is set by the Fed (The Fed Funds Rate). The Fed Funds rate was near zero for the past 18 months while 30 year mortgage rates rose from 2.5 to over 5%. You are repeating the myth that the Fed controls the money supply and controls all interest rates. This easily proven to be nonsense.

Yes, some corrupt senators created the Federal Reserve system in 1913. And ever since then, the entire money system has been controlled by private banks. Private banks create all money, NOT government.

>>49272229
Fractional Reserve lending doesn't exist. That model says the money being lent exists in an account somewhere before the borrower arrives. In fact, the money lent by banks is created digitally AFTER the borrower signs the loan contract. Banks create new, digital money with no need for prior reserves or deposits.

Richard Werner proved this empirically in 2014.

The Fractional Reserve model is myth designed to shield the private banks from blame for the destruction they cause. This myth pretends that the banks are unaware they are creating new money, and are only loaning out a certain percentage of their deposits. In fact, the bank owners are 100% aware that they are creating new money in their computers with no need for prior reserves or deposits.

Private banks create all money, NOT government.

bankLIESdotORG

>>49261015
It is worse than monopoly money because we are forced at gunpoint by government to use dollars to pay taxes. Refusal means prison or poverty. And the only way to get the dollars is to borrow them from bankers, who charge interest. It is literally a legalized debt-enslavement scam.

proofs available at:
bank LIES dot ORG