WHAT NO OTHER PARTY WILL TELL YOU…
COMMERCIAL BANKING IS LEGALISED FRAUD AND COUNTERFEIT: BANKS ARE ALLOWED TO NEWLY CREATE THE MONEY THEY LEND!
WHENEVER YOU TAKE OUT A LOAN YOU ALLOW YOUR BANK TOCREATE THE MONEY IT LENDS YOU, CLAIM THAT MONEY AS ITS OWN MONEY - AND THEN CHARGE YOU INTEREST ON IT!
ISSUING LOANS MAKES MONEY FOR THE BANKS AND COSTS THEM NEXT TO NOTHING - SO THERE IS NO REASON TO PAY THEM ANY INTEREST!
97% OF ALL MONEY IN THE COUNTRY IS CREATED BY COMMERCIAL BANKS THROUGH LENDING!
BANKS ONLY GET INTO TROUBLE AND STOP LENDING BECAUSE THEY HAVE LENT TOO MUCH - BUT WITHOUT ANY DEPOSITS TO BACK UP THEIR LOANS!
THEN THEY GO BEGGING TO GOVERNMENTS FOR BILLIONS IN BAILOUTS - AND DEMAND THAT WE FOOT THE BILL!
GOVERNMENTS GET INTO TROUBLE ONLY BECAUSE THEY BORROW BILLIONS FROM COMMERCIAL BANKS AND THEN ARE FORCED TO BORROW MORE JUST TO BAIL THEM OUT!
NO GOVERNMENT NEEDS TO BORROW ANY MONEY
– IT JUST NEEDS TO ISSUE ITS OWN !
1. HOW PRIVATE BANKS CREATE MONEY FROM NOTHING
What if you could use your computer to key in any figure you wanted into other people’s accounts as a loan to them and then demand that they pay back this money - created from nothing – with interest on top.
If this sounds like a dodgy scam – then be prepared for a shock. For this is exactly how private banks ‘make money from nothing’ – by just electronically keying figures into customer accounts.
For when you take out a loan from a private bank what you are really doing is giving the bank permission to create the very money you borrow from nothing – after which they then claim it as theirs and demand you to give it back to them at interest!
To add insult to injury - if loans that private banks give out to ‘make money from nothing’ turn out to have been too risky, then governments spend billions or even trillions of pounds of our money to bail these banks out.The banks on the other hand, begin to hoard their money – no longer lending to individuals, small business or even to each other, but raising bank charges and interest rates and refusing loans and mortgages.
Crazy, isn’t it?
Yet the result is that almost the entire money supply of the nation is created solely in the form of debt to private banks - making governments dependent on borrowing from them and then bailing them out when their loans go bad or dry up and the private banks ‘credit bubbles’ turn into a national ‘credit crunch’.
2. THE BIG MYTH AND THE BIG LIE
Today a totally unquestioned MYTH dominates all economic thinking.
This is the myth that governments need to borrow from the banks or sell their debt on the financial markets to finance public spending.
As a result of this myth both the media and politicians of all parties peddle a BIG LIE. This is the lie that the only way of reducing our ‘national debt’ is through massive cuts in public spending and in people’s incomes, pensions, public services, benefits etc.
In fact. the real reason our country’s debt is so high is because – like other countries – it long ago surrendered a basic national right to the international bankers. This is the right of a nation to directly create and issue its own publicly created debt-free electronic money instead of
(1) borrowing money from private bankers and...
(2) using public money not just to pay off the ever-spiralling interest on our debt to them - but also spend trillions to bail out the Big Banks!
Of course, there is a second myth and a second ‘Big Lie’ to tackle here – the lie that if governments have free license to 'print money' the result will be inflation or even hyperinflation.
The reality is quite the opposite however – for currently it is not coins or paper money but electronic money - freely created by the banks that makes up 97% of the money supply of the country, and that leads to uncontrolled inflation when the banks over-lend (for example house-price inflation).
The reality is quite the opposite however – for currently it is not coins or paper money but electronic money - freely created by the banks that makes up 97% of the money supply of the country, and that leads to uncontrolled inflation when the banks over-lend (for example house-price inflation).
Knowing that they control the nation's money supply the private banks can blackmail governments into bailing them out by claiming they are 'too big to fail' – for were they to collapse, so would the nation’s money supply.
National banking and money creation on the other hand, would allow governments - and not the banks or financial markets - to decide how much money is put into the economy – thus regaining control of the nation’s money supply and avoiding the danger of inflation!!!
3. THE SIMPLE TRUTH THAT THE BANKS DON’T WANT US TO SEE
If private banks both can and do electronically create money from nothing then SO ALSO could national governments - not as debt to the private banking sector but as debt-free money - issued electronically WITHOUT borrowing from private or international banks and accumulating ever-increasing debt to them.
THIS IS SIMPLE SOLUTION TO THE ‘BANKING CRISIS’ THAT NO ONE EVEN DARES MENTION - FROM PRIVATE TO PUBLIC BANKING AND MONEY CREATION
Public money creation however, is not the same thing as so-called ‘Quantitative Easing’ – which simply pumps more public money into the private banks instead of the real economy, and creates more debt in the process.
4. POLICY OF THE NATIONAL PEOPLE’S PARTY IN THE U.K.
ARREST THE BANKSTERS!
BRING DOWN ‘THE CITY’!
SMASH GOLDMAN SACHS!
ABOLISH THE CITY’S CASINO BANKS!
NO MORE BILLIONS FOR THE BANKSTERS!
NO MORE BONUSES FOR THE BANKSTERS!
NO MORE BAILOUTS FOR THE BANKSTERS!
POWER TO THE PEOPLE NOT THE BANKS!
RE-NATIONALISE THE BANK OF ENGLAND!
NO MORE BILLIONS IN BENEFITS TO THE BANKS!
FREE PARLIAMENT FROM CONTROL BY THE BANKERS!
PARLIAMENT - ROBBING THE PEOPLE TO PROP UP THE BANKS!
DEFEND EUROPEAN NATIONS FROM TAKEOVER BY THE BANKERS!
FREE THE NATION FROM DEBT SLAVERY TO THE INTERNATIONAL BANKS!
FOR NATIONAL BANKING, DEBT-FREE NATIONAL MONEY AND INTEREST-FREE NATIONAL CREDIT!!!
for more information go to:
BANKSTERS BEWARE -
WE’RE OUT TO GET YOU!!!
