Review of "Fractional reserve banking requires endless bailouts from the public: Through the prism of G. Edward Griffin's The Creature from Jekyll Island"
Review of "Fractional reserve banking requires endless bailouts from the public: Through the prism of G. Edward Griffin's The Creature from Jekyll Island"
The Money Power not only controls the Pro$titicians and Administrative bureaucrat$ in the Di$trict of Corruption. Also in their bag of tricks is the mass media of mind-control; along with the educational $ystem and virtually each and every major institution in our ruptured republic. To ever recover, America needs a truly public and accountable money system.
Yes and there are new organizations pursuing that, come join us at monetaryalliance.org
Obviously it is a big lift to pass the NEED Act HR2990 with a sold-out Congress but a big enough movement could elect a Congress dedicated to the public interest. The public needs to be made aware that monetary reform is in their best interest. There are numerous reasons to do it that most people are unaware of. For instance, because all the money is created as interest-bearing debt, 50% of the price we pay for goods and services, on average, are due to “capital costs”, interest being paid to the owners of the banks and other capital accumulators.
Yes, banning the bank created usury money is critical for restoring our sovereign power to issue debt-free, permanently circulating asset money and it should be the focus of our political activism. Money was orginated to pay debt, not to be a debt. To create it as debt is a vile anti-life perversion of the highest order. Once banned by every culture, usury is an extraordinarily efficient form of violence by which one can do the most damage with the least effort. Usury's psychological consequences creates monstors. We call them billionares.
The Money Power not only controls the Pro$titicians and Administrative bureaucrat$ in the Di$trict of Corruption. Also in their bag of tricks is the mass media of mind-control; along with the educational $ystem and virtually each and every major institution in our ruptured republic. To ever recover, America needs a truly public and accountable money system.
Yes and there are new organizations pursuing that, come join us at monetaryalliance.org
Obviously it is a big lift to pass the NEED Act HR2990 with a sold-out Congress but a big enough movement could elect a Congress dedicated to the public interest. The public needs to be made aware that monetary reform is in their best interest. There are numerous reasons to do it that most people are unaware of. For instance, because all the money is created as interest-bearing debt, 50% of the price we pay for goods and services, on average, are due to “capital costs”, interest being paid to the owners of the banks and other capital accumulators.
Yes, banning the bank created usury money is critical for restoring our sovereign power to issue debt-free, permanently circulating asset money and it should be the focus of our political activism. Money was orginated to pay debt, not to be a debt. To create it as debt is a vile anti-life perversion of the highest order. Once banned by every culture, usury is an extraordinarily efficient form of violence by which one can do the most damage with the least effort. Usury's psychological consequences creates monstors. We call them billionares.
Bravo. Spoken heroically.