It's all about Money... Honey!
Interesting reading material on how world economy actually functions, from David Icke's book - Worlds biggest secrets.
Creating money that doesn’t exist and lending it to people and businesses in return for interest. This creates enormous debt for governments, businesses and the general population, and you therefore control them.If you or me have a million pounds, we can lend a million pounds. Very simple. But if a bank has a million pounds it can lend ten times that and more, and charge interest on it. If even a fraction of the people who theoretically have ‘money’ deposited in the banks went today to remove it, the banks would slam the doors in half an hour because they do not have it. Money in the bank is a myth, another confidence trick. When you go into a bank and ask for a loan, the bank
does not print a single new note nor mint a single new coin. It merely types the amount of the loan into your account. From that moment you are paying interest to the bank on what is no more than figures typed on a screen. However, if you fail to pay back that non-existent loan, the bank can come along and quite legally take your wealth that does
exist, your home, land, car, and possessions, to the estimated value of whatever figure was typed onto that screen. More than that, because money is not brought into circulation by governments, but by private banks making loans to customers, the banks control how much money is in circulation.
The more loans they choose to make, the more money is in circulation. What is the difference between an economic boom (prosperity) and an economic depression (poverty)? One thing only: the amount of money in circulation. That’s all. And, through this system, the private banks, controlled by the same people, decide how much money will be in circulation. They can create booms and busts at will. The same with the stock-markets where these guys are moving trillions of dollars a day around the financial and banking markets, so deciding if they go up or down, soar or crash. Stock-market crashes don’t just happen, they are made to happen.
Most of the ‘money’ in circulation is not physical money, cash and coins. It is represented as figures passing from one computer account to another electronically via money transfers, credit cards and cheque books. The more money, electronic or otherwise, that is in circulation, the more economic activity can take place and therefore the more products are bought and sold, the more income people have, and the more jobs are available.
Financial Coup Process:
Create a boom by making lots of loans and then pull the plug,
Overpaid economists and economic correspondents, most of whom have no idea what is going on, will tell you
that boom and bust is part of some natural ‘economic cycle’.
During a boom many people get themselves into even more debt, business houses borrow to expand their capacities, by investing in new technologies to meet rising demand, people borrow money to buy a bigger house and a new, more expensive car, because they are so confident about their economic future.
At the most opportune moment, the major bankers, raise interest rates to suppress the demand for loans and they begin to call in loans already outstanding.
They ensure they make far fewer loans than before. This has the affect of taking units of exchange (money in its various forms) out of circulation.
This suppresses demand for products and leads to fewer jobs because there is not enough money in circulation to generate the necessary economic activity. So people and businesses can no longer earn enough to repay their loans and they go bankrupt.
The banks then take over their real wealth, their business, home, land, car and possessions in return for non-repayment of a loan that was never more than figures typed on a screen.
Countries, Instead of creating their own interest free money, governments borrow it from the private banking cartel and pay back both the interest and the capital by taxation of the people.
Fantastic amounts of the money you pay in taxes go straight to the private banks to pay back loans which the governments could create themselves interest-free!!
