Money comes into society mainly by loans
Wednesday, 13 October 2010 22:39
It is a well kept secret that ca. 95% of all money comming into a country has the quality of a loan, a debt. That means there is only enough money to pay back the loan. But to every loan sticks an interest. For that there is no money created, right from the start of the modern money system. Again: if all money in a society only is a loan than that money is only sufficient to pay back the loan. There is no money left to pay the interest. Therefore people have to take a new loan in order to be able to pay the interest for the old loan. This is a Ponzi Scheme (pyramid game) because the system always needs new victims to avoid a collapse. It's the lack of interest money that leads to the economic crisis (together with the Fiat Money created out of thin air). That is the reason why all the Central Banks now (2010) have lowered the intrest rates. The higher the rate the quicker the collapse.
The ca. 5% coins and paper bills are negligible.
In the beginning the Ponzi Scheme is difficult to detect because most of the people/states are not obliged to pay back 100% of their loans. Only therefore it is money left to pay the interest. The problem is that this is money which should be taken to repay the loans.
But in the long run the system can't survive. The interest is raising in an exponential way. To avoid that new loans are created but there is no chance to pay the interest for that new money also: the economic crisis is a fact.
Because the Ponzi i pushed into the whole world it takes time to collapse and be visible: about 80 - 90 years; that was when we had the last world economic crisis: 1929 and the following years.
Watch this little film to get a better understanding how the Banksters fool, expropriate and enslave you: