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Banks & Banking

We have been warned, many times about what the banks will do, but we choose not to listen.

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 it 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 Bank of England, 1927

Let me issue and control a nation’s money and I care not who writes the laws”.
Mayer Amschel Rothschild, 1790

I care not what puppet is placed on the throne of England to rule the Empire, the man that controls Britain’s money supply controls the British Empire. And I control the money supply.
Baron Nathan Mayer Rothschild (1777 – 1836)

The governments of the present day have to deal not merely with other governments, with emperors, kings and ministers, but also with the secret societies which have everywhere their unscrupulous agents, and can at the last moment upset all the governments’ plans.
Benjamin Disraeli, 1876

Since I entered politics, I have chiefly had men’s views confided to me privately. Some of the biggest men in the United States, in the field of commerce and manufacture, are afraid of  something. They know that there is a power somewhere so organized, so subtle, so watchful, so interlocked, so complete, so pervasive, that they better not speak above their breath when they speak in condemnation of it.
President Woodrow Wilson, The New Freedom (1913)

For we are opposed around the world by a monolithic and ruthless conspiracy that relies primarily on covert means for expanding its sphere of influence – on infiltration instead of invasion, on subversion instead of elections, on intimidation instead of free choice, on guerrillas by night instead of armies by day. It is a system which has conscripted vast human and material resources into the building of a tightly knit, highly efficient machine that combines military, diplomatic, intelligence, economic, scientific and political operations.
President John F. Kennedy 1961

It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be  a revolution before tomorrow morning.
Henry Ford

One way or another we will have World Government. The question is whether it will be by consent or by conquest.
Paul Warburg, International Banker

Very soon, every American will be required to register their biological property (that’s you and your children) in a national system designed to keep track of the people and that will operate under the ancient system of pledging. By such methodology, we can compel people to submit to our agenda, which will affect our security as a charge back for our fiat paper currency. Every American will be forced to register or suffer being able to work and earn a living. They will be our chattels (property) and we will hold the security interest over them forever, by operation of the lawmerchant under the scheme of secured transactions. Americans, by unknowingly or unwittingly delivering the bills of lading (Birth Certificate) to us will be rendered bankrupt and insolvent, secured by their pledges. They will be stripped of their rights and given a commercial value designed to make us a profit and they will be none the wiser, for not one man in a million could ever figure our plans and, if by accident one or two should figure it out, we have in our arsenal plausible deniability.
After all, this is the only logical way to fund government, by floating liens and debts to the registrants in the form of benefits and privileges. This will inevitably reap us huge profits beyond our wildest expectations and leave every American a contributor to this fraud, which we will call “Social Insurance.” Without realizing it, every American will unknowingly be our servant, however begrudgingly. The people will become helpless and without any hope for their redemption and we will employ the high office (presidency) of our dummy corporation (USA) to foment this plot against America.

Colonel Edward Mandell House to President Woodrow Wilson (In line with UK system), sometime around 100 years ago.

Could it be any clearer, even bankers themselves have told us how they can and do control us, through their control of banking. Most people are only really familiar with the High Street banking sector and the branches we see in our towns and cities. In the UK the familiar High Street banks are Barclays, Lloyds, NatWest, HSBC, Santander, Yorkshire, Cooperative, RBS, Clydesdale and a few others. In the UK we also have online banks, such as Tesco, Sainsbury, Virgin Money and others.

In addition most building societies offer banking services in addition to mortgages and there are also various companies offering credit services such as credit cards and loans, and also the rather odious payday lenders such as Wonga.

Let’s be honest, banks exist to make money, for their executives and shareholder mainly. They provide a service that most people need, somewhere to have their wages or salaries paid into, and from where bills can be paid and cash withdrawn.

When you sign a credit agreement (contract), you authorise the bank (or whatever) to create the amount of the loan, which they then lend back to you with interest, your signature acts as a guarantee of payment, making you liable for repayment of the debt. The bank do not loan you the amount from their reserves or deposits (not allowed), your signature allows them to create the fiat money out of nothing, lend it back to you and charge interest for the pleasure – they don’t lend you the interest amount, you have to find that from somewhere else. The terms of the repayment are stipulated in the agreement, the length of repayment at either a fixed rate of interest or a variable rate. The interest charged is always “compound” interest, which means interest is calculated annually, on the outstanding amount of principal and interest. If you borrow £10,000 over ten years at 5% compound interest, the total amount repayable would be just under £16,289. (£135.74 per month) So you would be charged £6,289 for allowing a bank to create £10,000 from nothing at all, and assuming you spent the £10,000 on something else, you have to find that £6,289 from somewhere else. For the banks, it gets even better – due to a banking principle known as “fractional reserve banking”.

Fractional reserve banking requires that a bank only needs to hold 10% of its value in reserves. What this means is that when you borrow that £10,000, this further authorises the bank to create from nothing an additional £90,000. Similarly, if you deposit £10,000 into a bank account, the bank is able to create an additional £90,000. Just try getting even £500 of “your” deposit out, even the day after. This fractional reserve ratio applies regardless of the amount; imagine what that means when a government borrows a trillion pounds.

The formula for annual compound interest is A = P (1 + r/n) nt

 

Where:

 

A = the future value of the investment/loan, including interest
= the principal investment amount (the initial deposit or loan amount)
= the annual interest rate (decimal)
= the number of times that interest is compounded per year
= the number of years the money is invested or borrowed for

Applying the Formula.

If an amount of $5,000 is deposited into a savings account at an annual interest rate of 5%, compounded monthly, the value of the investment after 10 years can be calculated as follows…

P = 5000. r = 5/100 = 0.05 (decimal). n = 12. t = 10.

If we plug those figures into the formula, we get:

A = 5000 (1 + 0.05 / 12) ^ 12(10) = 8235.05.

So, the balance after 10 years is £8,235.05

Simple interest on the same amount would make the final balance £5,250.00

Bank for International Settlements (BIS)

The Bank for International Settlements based in Basel, Switzerland is a hugely secretive organisation considered to be the Central bank of Central Banks. Several times a year the Worlds Central Bank leaders meet, in secret, to decide on global (central bank) monetary policy. It is highly likely that the BIS also sets policy for international …

Bretton Woods

Bretton Woods The Bretton Woods system of monetary management established the rules for commercial and financial relations among the world’s major industrial states in the mid-20th century. The Bretton Woods system was the first example of a fully negotiated monetary order intended to govern monetary relations among independent nation-states. Preparing to rebuild the main international …

International Monetary Fund (IMF)

The International Monetary Fund (IMF) is the intergovernmental organization that oversees the global financial system by following the macroeconomic policies of its member countries; in particular those with an impact on exchange rate and the balance of payments. It is an organization formed with a stated objective of stabilizing international exchange rates and facilitating development through the …

World Bank

  The World Bank is an international financial institution that provides loans to developing countries for capital programs. The World Bank’s official goal is the reduction of poverty. According to the World Bank’s Articles of Agreement (as amended effective 16 February 1989), all of its decisions must be guided by a commitment to promote foreign investment, international …

OECD

Organisation for Economic Co-operation and Development (OECD) The Organisation for Economic Co-operation and Development (OECD); is an international economic organisation of 34 countries founded in 1961 to stimulate economic progress and world trade. It is a forum of countries committed to democracy and the free-market economy, providing a platform to compare policy experiences, seek answers to common problems, identify …

Basel Accords

The Basel Accords refer to the banking supervision Accords (recommendations on banking regulations)—Basel I, Basel II and Basel III—issued by the Basel Committee on Banking Supervision (BCBS). They are called the Basel Accords as the BCBS maintains its secretariat at the Bank for International Settlements in Basel, Switzerland and the committee normally meets there. Basel I is the …

Central Banks

Monopoly central banks issuing fiat currency are the biggest threat to the world economy, and the people of the world This may come as a surprise to many people that despite its name, the Bank of England is a private banking company and has nothing to do with the government or any part of the …

High Street Banks

It is not just the central banks that rip off their customers, all the high street banks, credit card companies, loan companies and building societies operate in exactly the same way. When you sign a credit agreement (contract), you authorise the bank (or whatever) to create the amount of the loan, which they then lend …

Zombie Banks

A zombie bank is a financial institution that has an economic net worth less than zero but continues to operate because its ability to repay its debts is shored up by implicit or explicit government credit support. The term was first used by Edward Kane in 1987 to explain the dangers of tolerating a large …

Financial Instruments

Financial instruments can be categorized by form depending on whether they are cash instruments or derivative instruments: Cash instruments are financial instruments whose value is determined directly by the markets. They can be divided into securities, which are readily transferable, and other cash instruments such as loans and deposits, where both borrower and lender have to …

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