Analysis of Banking Practices and Usury

All three of the Abrahamic religions teach that lending to

the poor is an act of compassion that serves the entire

community, and therefore, charging interest was seen

as immoral. It was called usury and was considered

a heinous crime.

The Roman Empire allowed usury, but in eleven

seventy-nine, the Catholic Church decreed that usury

was forbidden. This law did not apply to Jews.

While the Torah admonishes usury, Talmudic law

allows a Jew to practice usury with a non-Jew, and

so money lending became primarily a Jewish business.

Over the years, usury became more accepted in Western

society, and we've changed the definition with the

addendum

of charging interest at an excessive rate.

In the seventeenth century, the Bank of England began

issuing paper fiat money. This gave the banks the

ability to simply print money out of thin air.

And for over a century, this was rightfully called out as fraud

until it became public policy, known now as

fractional reserve banking.

What was once seen as immoral is now seen

as normal.

Many assume that the financial loans given out by the banks are

coming from savings they hold for their depositors, but this is

not true. When someone takes out a loan, the bank

creates new money out of thin air and then charges the

person interest to borrow it. Fractional reserve

banking allows the banks to legally create ten times the

amount of each deposit. This inflating of the circulating

currency devalues that currency and allows

the banks an opportunity to profit dramatically.

The Federal Reserve Act of nineteen thirteen began a system of

debt designed to inflate beyond its means

until it implodes, the exact opposite of sound

money. The banking cartel funded both sides of

World War

I, which led to the Great Depression, which led to the Emergency

Banking Act of nineteen thirty-three, which ended the

gold standard and made every dollar spent an

IOU to further increase the debt, which is

ultimately owed by the American people.

The banking cartel funded both sides of World War II, which led

to the Bretton Woods monetary system, which made the

USD the world reserve currency and gave central

banks the option to go straight to the gold window of the US

Treasury to exchange US dollars for physical gold.

But by endlessly creating more debt, it became clear that the

US had printed far beyond their gold reserves.

And when several nations came to collect their gold, the federal

government dishonorably closed the gold window.

To maintain world reserve currency status, the US

turned to its military, guns for hire to Saudi

Arabia in return for the petrodollar and war with any

nation who threatens USD dominance.

A Ponzi scheme is an investment fraud that pays

existing investors with funds collected from new investors,

and that's what the bankers created.

They profit exponentially off the people's debt.

It was designed to collapse, and that's what it's doing now.

All the markets are crashing, and the derivatives market alone

is in the quadrillions, which is much more than the total

financial assets of the entire world.

There is nothing left to prop up the dollar.

This Ponzi scheme is at its end. What that means

is that the money you have in the banks will disappear.

Everything will go to zero, and then we reset.

How we do that will ultimately be up to the people.

The banking cartel knows that the only way they can survive this

collapse is to somehow convert everyone to an

authoritarian CBDC. But without the people's

trust, the banks will have problems with this.

Many people will lose everything and will want nothing but

justice from the old banking system, but many others

will comply.

Hard times are coming fast, and if we were smart,

we'd prepare. Let the big banks die and create a

banking system that serves we, the people.

Reporting for Infowars, this is Greg Reese.