Economic Corona Crisis: Banking Fraud, Money Creation Lies, Fake Money, Fake Wealth (Final Wakeup Call)
Source: Final Wakeup Call | By Peter B. Meyer The crux of the all time greatest banking fraud Their secret of money creation lies in ‘not a…
Source: Final Wakeup Call | By Peter B. Meyer
- The crux of the all time greatest banking fraud
- Their secret of money creation lies in ‘not accounting’ for it
- Fake money produces fake wealth
Those who know the truth and do not hesitate to spread it are silenced by shutting down the internet connection, this also happened with this website. Now just restored, FWC is back online.
Phantom money rigs the markets and creates debt enslavement
The secret of how money is created needs to be revealed to the public in its entirety. The power of money creation has made the Banksters more powerful than any nation on Earth. In fact, the international Banksters which comprise the World Bank, IMF, BIS and all central banks, including the Federal Reserve are the shadow government that controls almost all nation states across the globe. Their fraudulent accounting crime is coming to light, the best thing to do is to share this knowledge with all your contacts. If many more learn about this swindle, it will be stopped sooner.
Understanding how the market manipulation functions, especially with respect to gold and silver prices is important: Banks bet with large amounts of phantom money to lower silver and gold prices, and should they lose the bets, they only lose fake money but no money of value out of the bank’s vaults. They don’t bet to gain money, it’s to rig market pricing. Equally, they buy stocks for the sole purpose of illustrating the excellent performance of the asset and real estate markets, to falsely validate the strong performance of the economy. The accounting practices of the Banks is a far cry from reality; as it doesn’t account for the money created.
Under the legislation of the reserve banking system, no bank can lose money. In spite of this, they continuously tell the public that the banks are in trouble. This is criminally ridiculous. It has nothing to do with reality, but has everything to do with their agenda for the total enslavement of the people. It is the banking cartel and bloodline families, the Rothschilds, Rockefellers, Morgans, Warburgs and others that are responsible and in control of almost every central bank, inclusive the Too Big to Fail – TBTF-banks of the world.
The whole banking system operates on the Rothschild money creation swindle to entrap and enslave the world by selling lies about their insolvency. Marco Saba, the President of the Italian Institute of Superior Studies on Economic & Monetary Sovereignty, correctly asks;
“How can a bank that is allowed to create money out of thin air ever be insolvent?”
The crux of the all time greatest banking fraud
The monetary system has been created to be top-down corrupt. Worst of all, it was founded on the basis of fraudulent accounting practices; with the acquired power of money creation, a bank never can go broke. They just create all the money they need, but don’t book it in their ledger. In other words, this money isn’t accounted for in their cash flow account. They have the power to create money out of thin air and lend it out against interest; i.e.: usury.
But what is widely unknown, is that the granted loan is also not booked! Subsequently, they have no debt coupled to their power of money creation. Banks cannot go broke! Therefore, loans that are not or only partially repaid are never a loss to the bank. – Every tiny bit of the loan plus interest that has been repaid, is a one hundred percent profit for the bank!
When for example €100 is created and lent out and not accounted for in the ledger, if only €20 is returned, the bank already has a profit of €20, because the remaining €80 of this phantom money laundered into existence was never booked as a claim on debt, which is why there can never be a loss!
This is why the repayment of € 20 is pure profit for the bank. This exactly is the crux of the great banking fraud it is deliberately centred on fraudulent accounting, giving the banking industry immense power, in combination with the creation of phantom money.
Their secret of money creation lies in ‘not accounting’ for it
The real secret of money creation lies in not accounting for it. In other words, freshly created money is not administered in the ledger. Therefore, the bank has no debt claims on its balance sheet, and equipped with the power of money creation, they can never go bust, there is always sufficient money available to stop any gap, for this reason financial banking troubles don’t exist. The reality is that money is created out of nothing at no cost the moment it is lent out. This money is intentionally never entered in the bank’s bookkeeping!
And now, all over the world businesses have stopped doing business and consumers have stopped consuming, because of the fake Corona pandemic, the need for loans are reduced to a bear minimum or even zero. Wage earners have stopped earning wages. And taxpayers have stopped paying taxes. Governments can say they are delaying the tax deadline, but it’s not out of the kindness of their hearts, it’s because they don’t want to stoke mass panic when everyone realises there’s no money in circulation left to pay those taxes with. Being brought about by the debt death spiral, without debt money cannot being created. As a result; today ‘s self created crisis is far more serious than the crisis of ’08-’09.
The coronavirus didn’t cause this crisis. It only triggered it. It is as if a huge financial bubble had formed, bigger than in 1999 or 2007. It was looking for a pin, and along came COVID! The virus will come and go. But the effects of this financial blow-up will be here for years.
See for yourself what is going on, or you risk being caught up in a great national tragedy. The economy will never go back to the way it was in the last two decades. That was a very special period in which some very special things were happening. Instead, it will go forward. It will be very different. With different winners and different losers. Completely different, in fact. And, it could overturn the “old” way of thinking and the way of investing from the last 20 years.
Fake money produces fake wealth
The Central Banks can pump up the financial sector. That’s easy, just give the stock and real estate market trillions more fake currency. But it cannot pump up the real Main Street economy. Main Street needs real wealth. And that requires saving, investment, work, sweat, and training to produce valuable goods and services that people are willing and able to buy.
Fake money produces fake wealth; it cannot produce real wealth. And as the Central Banks pump more and more money into the fake, financial economy, the real economy drowns in an ocean of debt and phony price signals.
So, not only can the fake money not help the 90% of the people who depend on the real economy, actually it cannot help the people but harm them. Real growth declines. Real earnings slip. Real jobs disappear. Evil and corruption increase, as the Deep State elite cheat the system to get richer.
What do these clowns think? That they have an inflation valve somewhere? That they can open it up just a little bit, and get just a little more consumer price inflation? And, if the Central Banks and Governments really could control the unemployment rate, there wouldn’t be jobless around right now.
The only thing Governments can do is either “print” more money or “print” less money. It cannot fine tune the economy with just the right amount of inflation. Instead, it will inflate the money supply, and keep inflating the money supply, until, finally, consumer price increases are out of control. And then, with the economy on the edge of disaster, everyone is in need for more money, bringing the whole world on the edge of chaos. Be assured a desperate Government will do exactly the wrong thing – printing more money in an attempt to keep a lid on things, until the whole system blows up.
Nowadays, a much larger portion of the money people spend comes from the government’s “printing press” not from working. – Before 1971, the only way to gain wealth, other than robbing a bank or going into politics, was to earn it. People had to provide goods or services that others were willing to pay for, and they had to satisfy their clients. This necessity focused the whole economy on Main Street output, of goods and services, meaning real wealth. Automobiles. Machine tools, Clothes. Corn. Television sets, etc.
The part of people’s incomes that comes from producing goods and services has dropped from almost 90% in the early ’70s, to a record low below 67% in the last quarter.
That’s right: In the second quarter of this year, for the first time in history, governments pushed so many “transfer payments” into the hands of consumers, that more than a third of their money came from the printing press – not from creating real wealth.
After all, how many times do governments shut down an economy? Like holding your breath until you turn blue, it’s not something you want to do often. But as odd and rare as the shutdown is, the rise of transfer payments – money from the government – is not as helpful as most people believe.
That is, the appearance of the COVID-19 virus might have been unexpected(?) an “exogenous shock” as analysts say. While, the Lockdown response may have been a once-in-a-lifetime over-reaction, but the track had already been laid, the train had left the station, the conductor was already stoned, and the whole swindle was heading to the “dead man’s curve” that wrecked so many other nations and empires in centuries past.
Doing something about it would mean cutting back on the power of the elite, in other words; actually ‘draining the swamp’. It would mean no more a foreign/military rule that does cost in the region of $1 trillion a year. It would mean no more bailouts for Wall Street, or anything else. It would mean the world couldn’t afford the silly Universal Lockdown and mandatory mask wearing, responding to it by putting people out of work and giving them more money than they earned on the job.
Here’s the latest from The New York Times:
We Have Crossed the Line, Debt Hawks Warned Us About for Decades
Economists and deficit hawks have warned for decades that the United States was borrowing too much money. The federal debt was ballooning so fast, they said, that economic ruin was inevitable: Interest rates would skyrocket, taxes would rise and inflation would probably run wild. The death spiral could be triggered once the debt surpassed the size of the U.S. economy – a turning point that was probably still years in the future.
America’s federal debt has increased by $7 trillion since 2016, bringing it to almost $27 trillion. During that same period, U.S. GDP grew by only about $3.5 trillion, or only half as much – the slowest increase since World War II.
This was also a period with a supposedly “conservative” president, who promised to pay off the national debt and now – either delusional or simply dishonest – says he created the “greatest economy ever.”
His administration already approved a $2.2 trillion “stimulus” package in April, and plans to add at least another $1 trillion in September. And it supports a Central Bank that has added $3 trillion to the nation’s monetary base in just three months. Now promises – according to a Bloomberg report – to hold its key short-term lending rate near zero for the next five years.
All this gives anyone a chance to look more closely at how they can destroy an economy with the wrong government policy. And more important; everyone should protect himself with at least some silver and or gold, to preserve the value of their labour input.
Unity gives power
People who are awake want to meet other awake people, without masks, for the reason that we together are stronger, and able to defeat the Deep State controlled government more easily. And, this is going to happen, because this liberation process cannot be stopped anymore. Uniting with others who are like minded people creates and shapes our best reality. Around the world are groups of friends, like in the Marbella / Malaga area who have been around for several months. If you would like to meet up with them you can contact Peggy via email. Meetings and lectures in English are organised on a regular basis.
If you found this information interesting, helpful, and insightful, please share it with everyone you know to help wake them up. And don’t forget to put up your national flag showing the world you are awake. The more flags out show that the Deep State cabal is losing their grip of power over us. There is much more enlightening information to follow! – For which you could subscribe free of charge, in the box at the top right hand.