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.