This debt serves no useful purpose in society, save for lining the pockets of all the privately owned central banks of the world. Yes, privately owned! We do not coin our monies as nations, they are not backed to any real assets anymore (like Gold or Silver) and it is all a scam. Our debts are not real. The banks (central banks) know this; they are terrified of the day we will learn it and act on it, en masse. Thankfully that day is coming, across the world. In the meantime stand together, stand firm and do not let your neighbours suffer unnecessarily. Nobody should lose a home in this crisis, nor should it be tolerated in civil society, in any country, around the world.
Individuals created all of our home mortgages somewhere on a computer screen. Literally they were created out of thin air. These private institutions will end up getting close to 100% profit over and above the principal mortgage loans just to do that ONE transaction. Our governments allow this farce to happen. They could have issued our mortgages at 0% interest. We would be freer, happier and have shorter working lives. You never know there may even then be enough work to go around, for one and for all. That just looks at household debt. The same could be said for business debt, government debt etc. Hear the words of a very courageous man on this topic, for it is not a recent phenomenon.
“The Government should create, issue, and circulate all the currency and credits needed to satisfy the spending power of the Government and the buying power of consumers. By the adoption of these principles, the taxpayers will be saved immense sums of interest. Money will cease to be master and become the servant of humanity.”
- Abraham Lincoln
Or another
“I believe that banking institutions are more dangerous to our liberties than standing armies.” – Thomas Jefferson
… The modern theory of the perpetuation of debt has drenched the earth with blood, and crushed its inhabitants under burdens ever accumulating. -Thomas Jefferson
If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks…will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered…. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs. – Thomas Jefferson in the debate over the Re-charter of the Bank Bill (1809)
Or another
History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and its issuance. -James Madison
Or another
“It is well enough that people of the nation do not understand our banking and money system, for if they did, I believe there would be a revolution before tomorrow morning.” Henry Ford, founder of the Ford Motor Company.
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First we have to believe we can have a better system, then one day soon we will, because nothing can beat the empowering evolution of mass consciousness. It is too powerful a force to control.
P.S.
If we had dug up all the fertile soil on the earth, or if we had poisoned every last drop of fresh water, or if our sun threatened to not rise, then and only then would we have real debts. When we owe pieces of paper to handfuls of men we do not have debts; we have the illusion of debt. We are like the caged birds who fail to see the latch has been lifted on the door. Our earth provides for all our needs, always has, always will, we just repeatedly fail to see how to distribute the bounty.
Barry Fitzgerald
Author of "Building Cities of Gold"
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