The following is a snippet from a book I am writing entitled “The History of Global Corruption – from Ancient Babylon to Swine Flu”. It should help you understand the corrupt private banking system and recent economic crash.

Whether you are religious or not, aspects of the Bible and Jesus’ life still shed light on the real global elite of the time, specifically the story of the “money changers”, or corrupt bankers. In fact it is the only time Jesus supposedly used force against his enemies. So if Jesus wanted to whoop some corrupt bankers, shouldn’t we at least be trying to expose the private banking fraud of today? What is that I hear you say?

To those few that are awake, the recent economic crisis was inevitable by criminal design and something that could have been easily prevented if the banksters really did want to prevent it, but to the majority of unknowing citizens it came out of the blue. After all, how much time does the average Joe really have to study the confusing financials, when they have to work 9 till 5 and look after a family? If they do find TV time the mainstream media give just as much, if not more coverage to the latest Britney Spears and Paris Hilton escapades than they do the crisis; and who wants to watch the news to relax anyway? What a perfect system for criminals. “Hey fat Tony, instead of paying people to turn the other cheek, why don’t we just hypnotize them with the TV and get them so bogged down that they don’t want to look in to the financial system anyway. We can put talking heads on TV just to make it sound more confusing than it is.” If you do watch any financial news they make it sound so complicated with graphs and stats, you switch off. But it’s actually quite simple. They print the money and set the interest rates privately, because Western governments do not control their own banks!

Take the big Central Banks. Although they differ slightly around the world, the majority follow a similar system, and they all interface to manipulate world economy. A Central Bank, such as the Federal Reserve in the US or the Bank of England are the institutions responsible for regulating the banking system, “monetary policy” (interest rates, inflation etc), the printing of the actual currency, and controlling the money supply (physical money in circulation). Although a pretty picture is often painted in text books, the truth is that this power is almost always in private hands outside of the Government’s control, which has implications on the entire world. Think about it, they are above the Government and the law and very often have both in their back pockets!

According to the dictionary Federal means “national; especially in reference to the government of the United States”.

Reserve is defined as “something kept back or saved for future use or a special purpose” such as gold reserves, or wheat reserves as mentioned earlier.

So the Federal Reserve must mean a National Bank run by the Government with Gold reserves to back it up.

Not even freaking close!

In our world of deceit, Federal actually means privately run outside of the Government, and Reserve means that there is absolutely nothing kept back or saved, not gold, not anything!

It should really be called the Private Nothing, or the Non Federal Empty; anything but the Federal Reserve. This name was purposefully chosen by the elites that infiltrated the system to fool the public and divert attention away from the criminals that are draining the world of its wealth, in to fewer and fewer hands.

Equally in the UK we have the Bank of England. So it must be England’s bank? Nope, wrong again. It is a privately run bank operated in practically the same way as the Federal Reserve, by the likes of the Rothschild family (more on these later). In fact most of the banks around the world interact together to perpetrate the same scam and are quite obviously above the law and governments:

“Give me control of a nation’s money and I care not who writes her laws.”
- Mayer Amschel Rothschild addressing his family’s corrupt rule of the world through this private banking system.

These private corporations have a monopoly over the money we’ve all grown addicted to. If they pull the strings of money then we all follow the cord.

So what exactly is the scam in detail, and why do I keep mentioning illusionary money?

First of all real money no longer exists, we don’t trade in the streets and we don’t use commodity money with real value like the ancients; it’s all a sick mirage. Your rich neighbor that took two holidays last year and paid off their mortgage may brag about their $100,000 “nest egg”, but what they really have is a stack of worthless paper. But even then nobody actually keeps all their savings in cash do they? So what they actually have are some digits on a computer screen. And that is not just a technical formality of our modern age.

In fact physical cash, such as the UK 5 pound note has written on it “I promise to pay the bearer on demand the sum of 5 pounds”. That has nothing to do with the shop keeper, that means technically you could go to the bank and demand they give you the 5 pound of something that has real value, like silver, gold or grain. Trouble is they can’t, because money is no longer backed by anything other than public perception, and is simply figures on a screen.

In 1934 the US banksters were arrogant enough to remove their statement and now it simply says “this note is legal tender”, meaning everyone can accept it for payment, but it really means jack and we’ve brainwashed you so much that you all rely on it anyway. The Gold Standard was literally abolished, meaning the money supply could be inflated with no restraint.

When you go in to a bank and take out a loan or mortgage, you think you are getting money, but in actuality all the bank does is credit your account with computer digits.

“Can I have a $50,000 loan please?”

“Certainly”

….$50,000 – there look $50,000.

I’ll do it again, $50,000.

It’s fun typing money figures. But this is all the banks really do, type the figure in to your account and in to their electronic bookkeeping system. It is just a digital record. They don’t print any new paper notes, they don’t mint any coins, and they don’t buy any gold reserves.

The only place your loan exists is on a screen. You wouldn’t withdraw $50,000 in physical cash so they don’t seem to care. Not caring is a common theme with these guys.

“Yeah but I can use it to buy things or pay off my house so what’s your point about it being fake or corrupt?”

INTEREST RATES, TAX, FEES & MARKET MONOPOLIES!

When Jesus stomped a mud-hole in the money changers at the temples it was because of the above reasons. You see when Jews came to pray at the temple and pay their temple taxation (taxing God sounds oh so holy, ask the Pope) the monopoly men forced them to pay using a special currency, which they had bought up. Thus if they wanted to carry out their religious duties Jews had to pay extortionate amounts of regular money to obtain the special shekel, because the money changers could dictate its value, much like today the banksters can dictate the interest rates on houses, among other things.

You see all loans, mortgages and credit cards carry interest rates on top of the principal amount you borrowed. So you have to use assets or other money that you’ve earned to pay back a loan that was created out of thin air by them, so they can make profits from nothing!

And what happens if you get stuck paying it back? Then you lose something of physical value like your house or car. So they are making profits, by making you think they’ve given you some money, only to charge interest and steal your assets when you can’t pay them back the imaginary amount. And of course don’t forget they are the ones that print the money to begin with as well.

“Well I got ahead of myself, I couldn’t really afford it”.

Ah you see this is where it gets really interesting. If you couldn’t afford it to begin with, they give you it anyway because they win in the end by stealing your house. And if you could afford it at the time, the economy might take a nose dive and you still end up defaulting. But guess who controls the economy? Yes the same central banks. Because they print the money and set the interest rates.

A boom period in the economy is simply when the banks go bananas lending their illusionary money out to everyone, with low interest rates and minimal background checks. This stimulates the economy, puts money in to circulation and people start buying things, investing in assets and the stock market, starting new businesses and living a great life.

Once they have everybody hooked, all of a sudden they raise interest rates, they limit the amount they are lending and they reject loans to those with poor credit. Because these people that have taken out all of these loans have to pay interest on top, the money supply is also depleted from society.

Now the people that they hooked in to begin with start defaulting on their loans, losing their houses, their businesses, and many are nee deep in debt. People stop buying, so there is less demand for products, shops and companies then lay off their staff and unemployment rises. The banks are now laughing in their new found wealth! This bait and switch highway robbery, is called the business cycle, a glossed over term that means raping you of your hard earned money. Fishing rod goes out, borrowing goes up, fishing rod comes in, along with your assets.

Next, because those in the top sectors of banking and business are forewarned that a crash is coming, they have time to protect their assets, and once markets plummet along with prices, they buy up everything and the general public are left with less and less.

To add insult to injury, when your account says zero and somebody tries to take out some money you supposedly owe, then of course the bank has the gall to charge you extortionate admin fees. Yeah because it costs 50 quid for your advanced computer system to say “sorry no money”. It’s a big joke, yet their firm grip on society and their feeding system that grooms people to their agenda, keeps it all trudging along.

That is how it works. You can have talking heads wearing suits debating about the flaming economy all day long on the Illuminati owned news networks. They make it sound complicated, and they come up with all these theories. The worst one is when they blame us for overspending. But at the end of the day it starts with the banksters and ends with the banksters. They control everything.

A fundamental aspect of the scam is the “fractional reserve” system. This means banks can literally lend out more money than they have in customer deposits and reserves (remember the Gold Standard was abolished). So when you put your money in to a bank account, they basically give your amount and some extra out of thin air to somebody else. That’s one of the reasons why people lose their money in a collapse, because not enough money exists for everyone to withdraw it at the same time. The public have this illusion that their money is waiting in some big vault for them to go and get it. Nope, it’s just on a screen and in some records.

Banks are required to keep only around 10 percent in deposits and reserves, meaning if everyone went to withdraw their money at the same time, only 10 percent would get it! The hope is that most people are using loans, credit cards, or saving for a rainy day. The scam works because it is rare that everyone will want their money; but during this time they are making more money from it. Can’t they pass that extra on to us? Reality check people.

It is a scientific fact that there is never enough actual physical money in circulation to pay off every single debt (which is always increasing), meaning somebody, somewhere always loses to the banks by design. Think about it. During a boom when lending is high people have lots of cash, but when they pull back the reigns and it comes time to pay them back, and interest rates go up, then cash is sucked out of society at a higher ratio. Millions of people get to the point where there is just no more cash. Debt on top of debt, on top of debt!

Let’s think about this on a small scale. I’m opening a bank called “Swindle and Sons”, and have an initial $10,000 invested. This means I only have $10,000 in the so called vault on deposit or in reserve. So if we think of $10,000 as the 10 percent required in reserves, I can then loan out $100,000 as if by magic through computer digits.

So I loan Bob $100,000, with interest of course. Now if Bob manages to pay me back with interest of say 5 percent. I then get $105,000 back. Now I still need to keep 10 percent in reserves, so I now have 10,500. Now Eric wants a loan, I can lend him $105,000 with interest and the cycle of robbery goes on. But at the same time cash is being pulled out from somewhere else in society.

If Bob took his initial loan of $100,000 and deposited it in the “Scam and Co” bank, they then magically get my magic money and end up with $100,000 more in reserves, even though I created it from nothing. So they can then lend out $1 million.

If loans are going out fast from all banks in the network, this new magic money is being thrust in to the public, who then buy things of real value, who start up businesses, or buy land. However the majority of people start getting in to debt; a loan is debt anyway. The problem occurs when it’s time to pay the criminals back. Interest rates go up, people lose their homes etc, and we then fall in to a recession. That is until the banks and big corporations are bailed out by the central banks on behalf of the Government. Once we all suffer for a few months they start the cycle again. Goes a little further than “the old boys club” doesn’t it.

Those high up the pyramid who are involved at the high end of the banking system know this is going to happen, because they made it happen. For example agents working for the Rothschilds during the Battle of Waterloo got word to Nathan Rothschild in London that Napoleon would lose, however Rothschild put out a market rumor that Napoleon had in fact won and Europe had fallen to France. This caused mass panic on the stock exchange so people began dumping their investments. However safe in the knowledge that Britain was victorious, Rothchild bought up all the dumped stock at very low prices and became insanely rich overnight. Not that he wasn’t rich already.

“Money still has to be printed at some point though right?”
Yes, but even that’s flawed.

When a Government decides new money needs to be created after a recession, or the regular banks need an influx, they contact the private central bank (Bank of England, Federal Reserve etc) and ask for an amount, say $2 billion. They then create something called a bond, which is basically an illusionary piece of paper and print $2 billion worth in exchange for $2 billion in cash notes from the bank. Paper for paper. Now $2 billion enters the general banking system. Here’s where it gets laughable.

The bonds given by the Government carry an agreement to pay back the private bank the money it just created out of thin air. It’s a loan in itself. So now the Government and therefore the public are in debt to the central banks, before they get scammed in their own personal finances. If more money has to be created, to fix the world’s debts, the pile of debt gets bigger, because the money is created out of debt.

As of 2009 the UK national debt is around £2 trillion.
The United States national debt is $9 trillion projected at $ 12 trillion!

Your children are already born with a percentage of debt attached to their labor. There birth certificate is the contract entering them in to the corporation of your country of birth. They are really slaves to the state and must work to pay off the country’s debt. Which is not only in the hands of the private banks, but also different countries around the world including China and Japan.

Here’s how this fraudulent system operates in today’s society. Imagine that the Federal Reserve or Bank of England wants to start the economy on an upswing. They use their insane infinite wealth and buy Government Bonds from the open market (they can in theory buy anything from stock to real estate, but the scam works better with Government Bonds and looks more professional to the talking heads on TV).

So the Federal Reserve buys $2 billion in Government Bonds from some dealer or broker on Wall Street. They write a nice $2 billion check, which is simply to balance the books, and then print $2 billion in physical notes. The dealer then deposits this money in to the regular banking network and therefore $2 billion is added to the money supply. Now this regular bank can use the fractional reserve system and loan out $20 billion, and this then filters out in to the public through loans and credit. Other banks getting deposits from these new loans can then use the fractional reserve system to expand it even further, and thus everything goes smoothly for a while until the debt creeps back up and another collapse happens. All of the major banks (operated by the same interconnected criminals) work together with the Fed and Bank of England to continue the scam efficiently. A bail out is simply an increase of the money supply, or one bank being given a boost. The rich get richer, the poor get poorer, the richer get more power, the poor get more controlled.

Yet despite this being a mind boggling act of criminal extortion that puts the Godfather and Tony Soprano to shame, the majority of the population has no idea. They don’t teach this in schools. Which of course just so happen to be funded and controlled under the same system.

An important point to make early on is that not even people working in the banking industry or the education system (which we’ll get to later), or any other industry know about the scam, that’s why it works so well. People find it hard to digest such information because they might know a banker, or a teacher, or a doctor, or somebody that plays the stock market, and they aren’t working with a secret cabal hell bent on world domination.

That’s because through the feeder system only certain people make it to the real positions of power and the rest of us are compartmentalized from the the truth, making the conspiracy look impossible.

Nigel the bank clerk has no idea that when he takes your money he is actually keeping an interconnected multinational scam in operation. They didn’t tell him that at the job interview.

Equally the manager of the bank’s branch is equally unaware. They think they are doing a good public service helping people save and sort out their finances. Although because they went to University and got a piece of paper saying they are clever, and they now get a higher wage than most people, they get arrogant with the little power they do have. So they are perfectly happy to enforce bank charges or debt on the skallies that are on benefits. “They should have known better.”

Further up the pyramid you go, the more of the plot is revealed, but average people don’t get there, and each level is sealed off from the one above. An analogy would be the year group system in school. You don’t learn the next step until they allow you in to the next year group or grade.