Friday 29 July 2011

The banking crisis is a giant hoax.

"Banking was conceived in iniquity and was born in sin. The Bankers own the earth. Take it away from them, but leave them the power to create deposits, and with the flick of the pen they will create enough deposits to buy it back again. However, take that power away from them, and all the great fortunes like mine will disappear and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of Bankers and pay the cost of your own slavery, let them continue to create deposits." -- Sir Josiah Stamp--President of the Bank of England

We allow banks to counterfeit our currency in several ways. Investing central banks with the power to print money, permitting fractional reserve lending, allowing usury through debt inflating interest charges, as well as derivatives and other “exotic financial instruments”.

Given these extraordinary powers it is absolutely impossible that the banking system as a whole could ever become short of money. The illusion of a global financial crisis is entirely bankster-orchestrated theatre. By giving this delusion credence we participate in its manifestation.

It has always been clear to the banking elite that since unlimited money can be created from nothing, it is therefore, absolutely worthless. Only the illusion of worth that working people ascribe to money by unanimous convention, furnish it with any power or real value. The bankers have always manipulated money in order to convert what they know is worthless into real property, goods, power and influence.

Banking is a blatant racket. The banksters openly engage in financial terrorism and economic sabotage, in order to plunder resources and enslave nations. International finance is a giant mafia style protection racket. We need only to replace their money with our own debt free currency and their diabolical tyranny will end.