The picture is something I made back when i was still a 9fagger and made it with MS Paint, so yeah low quality and all, but the content should be right. I made it as simple and short as possible, but everything important should be in there. You are free to copy and use this if you want ( if this low qualitything is worthy of your approval that is) im even happy if you do so more people see the bullshit behind it.
however here is another thing to think about. in the picture you see how banks make money, 1 thousand dollars they can create 10000 pretty quick by giving debt to someone. that guy also has to pay interests. now there are 1000 dollars in the save, 10000 as debt, plus lets say 10% interests (just to make the calculation easier) now even the first thousand were created through debt by the government and also has to pay interest. so ALL the money in circulation is just debt by someone to someone else. if everyone would try to pay back their debt at once, not only all the money will be out of circulation, but the 10% interest (or however much you have) would be still there as debt even though all the money is gone. now how to pay that 10% off? you work. who are you indebted to? the banks. so who do you work for? the banks. did they ever asked you to work for them? did they ever gave you any choice? that is basically slavery without people realizing it
So where else is the system rigged? Post memes, infographs, sources whatever you have got
CNBC brings online article about major banks being involved in the laundrey of 43 TRILLION dollar, and gets deleted shortly after. On totally unrelated news daughters of cnbc executive have been found murdered
Banks are not evil right?
Jayden Ward
bump
Angel Lopez
Very (((rigged!)))
Bentley Reed
so its a pyramid scheme? good to know
Hunter Lopez
Thanks. Another truthbomb: major banks always fund both sides in a war, often even creating rhe confluct in the first place. By doing that they can collect interest from the winner, while the loser gets put under controll of the banks. They send in the IMF to "rebuild" the country, lend them even more money to ena le the "rebuilding" and then put conditions onto it like "privatizing infrastructure" "claiming ressources" or "privatizing humanitary institutions" like hospitals and so on. Foe the same reason they give huge loans to poor country, too big to even pay back the interests, so they have to loan more to pay the interests, which will result i. Even more interests the next time and so on, as long as they approve of all the conditions by the bank. If they choose to follow the conditions and stop paying the interests their ratingg would drop, no banks or anyone will lend them any money anymore and the whole economy of that country crashes. They slowly blackmail countries into selling themselves out
Michael Nelson
The biggest one, and best hidden one of all time
Landon Ramirez
It's been going on for thousands of years!
Chase Carter
There is nothing wrong with fractional reserves under a central banking system. Half the shit stated in OPs photo is could be expressed as "the facts about modern banking".
Money supply expands under banking systems and it SHOULD do that. The corruption happens when banks tinker with their business models and try expanding assert classes or maximizing revenue through underhanded schemes. And it's normally not the central banks doing that shit, it's the big banks leveraging reserves to rake in more shekels
Adrian Wright
How the fuck did you come to the conclusion that the recession was not caused by whatever you said it? That's a big jump from the oil wars being motivated by maintaining dollar supremacy Also, this is intro to econ. I don't understand why people could even be upset. The effect of inflation on you, as long as your salary keeps up with inflation, should be minimal because you shouldn't be keeping your savings in a bank The government pays for its debt by taking on more debt banks move money from the people who have extra to those who can generate returns with the money. that technically increases the amount of money
Nathan Phillips
Expanding the moneysupplie isnt bad, yes, but doing it on the expense of the people, and robbing them of their buying power they worked hard for is Also all this I etwted is done legally. That means its not the corrupted doing illegal things screwing us over, but the system itself since it permits and thus enforces this behavior. Every bank not doing that will lose in the competition in order to be successfull they have to do that stuff or they will get swallowed by other banks
Tyler Nelson
The banking system is a scam. Plain and simple.
It's almost exactly like online piracy. Think about this: It only takes one person to buy a product (a movie for example), and upload it to the Internet to be shared with thousands of people. Likewise, banks only needs a small amount of capital to give out 20 times that amount in loans. They are effectively loaning the same money, because only 1/20th of those loans are backed by anything, and they are collecting interest from each individual. The online-pirate is accused of stealing, yet the banks are allowed to make unimaginable profits with worse behaviour.
In Canada banks are not required to hold reserves. In the USA I believe it is only 3% reserves. Have you ever tried to take out a large sum of money from the bank? Anything over a couple thousand and you will be unable to collect. You cannot do it without collecting it piecemeal from several different banks.
When you start to think about it more, you realize not only are banks making an unholy amount of profit, but when things go bad taxpayers bail them out. The fact that we bailed out the banks is obscene and they should have been allow to collapse under the free-trade, lazzie-faire economics they operate under and push onto the world.
Grayson Allen
We are debt-slaves to the banks. Every dollar it creates, interest must be paid on. As a result inflation must occur to pay off the principle + interest. Thus, all money is created as debt. When you pay back a loan you are removing the debt, or in otherwords destroying money. That paid off loan is simply destroyed money, money pulled out of the economy. It was only put in the economy so the banks could collect interest.
Chase Diaz
>From 1939 to 1974 the Bank of Canada provided the Canadian government with large sums of money at near zero cost. This got us out of the Great Depression, helped finance World War II, and many great post-war projects like the St. Lawrence Seaway and the Trans-Canada highway, as well as contributing to the establishment of our Medicare and social security systems which were the envy of the world.
>All was well until 1974 when, without government approval, the Bank of Canada abandoned its shareholders, the Canadian people, and adopted the rules of the Bank for International Settlements. The Bank for International Settlements (BIS) is the de facto headquarters of the international banking cartel, a club of immensely rich con artists who have persuaded kings, queens, emperors and politicians to give them licenses to lend the same money to 15 or 20 different individuals, companies, or governments simultaneously, and collect interest from each one of them – a global fraud without equal.
From Paul Hellyer's book Goodbye Canada. Also if you're interested he has a book called Money Mafia that focuses on this issue. He also has a website with a good amount of info (youtube channel as well) to promote monetary reform in Canada.
People think this is the only way banking and money can work. But it can work in a better way, for the people and the county.
This guy deserves quints, if not even septs. Its even worse with the comparrison to onlinepiracy. Those guys do it not for profit, but for the joy of others, an damage only the income of a bunch of rapists and childmolesters, while banksters do it for personal gain and harm basically everyone, if not even the world itself. But considering most politicians seem to be rapists and childmolestors themselves it seems fitting those guy are under special protection
Connor Hill
Also remember, that while you guys shit on Africans and Indians and the Middle East for migrating to Europe, it is the banks, and their multinational organizations that have kept these countries from industrialization.
Look up strategic adjustments loans, what led up to them, and what they caused. All these less developed countries were forced to adopt various economic reforms to get desperately needed loans.
>"this included reducing the state's role in the economy, lowering barriers to imports, removing restriction on foreign investments, eliminating subsidies for local industries, reducing spending for social welfare, cutting wages, devaluing the currency and emphasizing production for export rather than for local consumption. "
This not only takes away the sovereignty of these nations, but turns them into undiversified economies. These debtor countries resisted at first, but eventually capitulated under duress.
These economic reforms have done nothing but harm less developed nations. The GDP of sub-saharan africa fell 2.2% per year in the 80s leaving it worse off than when it first achieved independence. Cred Forums likes to pretend that Africans were too stupid to keep their country going, but that is, if anything, only a small part of the problem.
Don't think first world countries are safe either. Canada is resource rich, and look what happened when we put everything into oil. Our dollar crashes, and we conveniently blame weedman. He is a shit PM but Harper put all our eggs in one basket.
Nicholas Davis
Yeah, the banking system is one of the driving forces of the globalisation. They indebt countries and then push for that agenda to unite the world beneath the banks and have them in total controll.
While Cred Forums seems to be against globalisation and the jews i never see this discusses here for some reason. All the other problems they rant about can be somehow traced back to this system, yet they always try to treat the symptoms instead of the cause
Jordan Gonzalez
Sadly nothing about your post is in anyway exeggerated. In essence everything is true. I wish it werent...
Dylan Price
i don't even need to look at OP's pic.
OP said it all, though he should have added that the money is issued by a private bank, and not the government.
Brody Stewart
t. First year lib arts college student
Owen Morris
Ah yeah, the word "federal" in "federal reserve bank" is a pure deception. Its a private bank, with the monopol of being allowed to print money. Almost all central banks are, except 3 if im not mistaken. 2 being north korea and cuba.
John f kennedy troed to abolish the federal reserve. He even got the executive order 11110 through which effectivly did that. There even were a few billion of the new federal notes in circulation. Then the "lone gunman" happened, the new notes got taken out of circulation and noone ever spoke of it again. The executive order 11110 is even still effective. JFK is probably one of the only few actual good presidents in favor of the people. Thats why he had to go
Jackson Walker
Cred Forums has no idea how to tackle the real issue.
Honestly, if things are changed through government eventually there will be a societal collapse. When first world nations continue to have their quality of life reduced they will revolt. These bankers need to remember the French revolution.
Aiden Howard
To top it all off, the dollar is backed by nothing, and the Federal Reserve is run by a secretive group of Jews and is accountable to no one.
This means the can easily create trillions of dollars out of thin air and distribute it to a few hundred fake companies through which they buy literally everything that is for sale: Commodities, stock, gold, houses, entire businesses, etc.
They can also use a strategic series of bribes to get one of their own installed as CEO of a company.
The possibilities are endless, but the end result is that they own everything.
This is the sad reality behind "venture capital firms", "plunge protection team", "quantitative easing" and so on. Fancy terms for "lol, we just printed all this money and used it to steal your shit."
Dylan Bailey
i congratulate you on knowing more about the American monetary system than 95% of Americans, and 99% of Americans posting on Cred Forums
Cameron James
>To top it all off, the dollar is backed by nothing
this is a ruse that the controllers put out there to dilute and distract us from the issue.
the currency does NOT need to be "backed" by gold, silver, or any other commodity - which are "fiat" themselves, as you CANNOT EAT THEM. it is, and should be, backed by the PRODUCTIVE LABOR OF THE NATION, as money is a receipt for work done.
the "elite" can bankrupt you just as fast on a gold standard as they can with so-called "fiat" money. check out the EXCELLENT documentary "The Money Masters" for a better take on the monetary system than is offered by folks like G Edward Griffin (who plagiarized Eustace Mullins' book, 'Secrets Of The Federal Reserve' without attribution)
Juan Powell
The economic hitman is also very interesting. Those are people who effectively get countries into this debt trap. Either by making deals that seem better than they are (for example greece prior to joining made a deal with goldman sachs to swap currencies. But greece gets twice the amount and half of that is written of as a hidden debt. That made them able to join the EU since their finances seemed better than they are and than got crushed by the new paradigma of the EU. Of course barely any of the greek knew anything about this, just like most others in the world dont know whats going on. Guess its easier to just blame the lazy greek than understand the faulty system m.spiegel.de/international/europe/a-676634.html >But in the Greek case the US bankers devised a special kind of swap with fictional exchange rates. That enabled Greece to receive a far higher sum than the actual euro market value of 10 billion dollars or yen. In that way Goldman Sachs secretly arranged additional credit of up to $1 billion for the Greeks. ) or by bribing politician to accept deals. Yeah, more people need to inform themselves. We have to play morpheus, giving the red pills to people to free them from the matrix, the bankingsystem which abuses us as battery/workingforce without the majority even realizing it
