Banks issue debt in the form of mortgages and personal loans, which are created digitally, and repaid digitally. Such debts are digits within computers (dwc’s)
Money is created out of absolutely nothing.
The entire function of this machine is to convert fictional debt into human bondage.
This is not to say that this system is not real. If you do not pay your fictional debt, you may be made homeless, or not have enough dwc’s to pay for food.
The masters of fictional debt (its creators and traders) amass millions of dwc’s, which they can exchange for yatchts and mansions.
The slaves of fictional debt transfer most of their dwc’s to their masters over their lifetime. The fiction is then perpetrated that they own their home, which is then confiscated by the government (representing the masters of debt) to pay for care costs in old age. Those who have been enticed to buy private medical insurance, by transfering dwc’s to their masters over their lifetime, often find the range and extent of cover inadequate to meet their needs. They are told that they should have transferred more dwc’s.
It is like playing with monopoly money, but the jail you land in is real.
The masters of fictional debt could credit everyones bank account with a million dwc’s, but the State argues this would drastically reduce the incentive to work, without which society could not function. Yet, if we use a less extreme example, giving everyone 20,000 dwc’s a year, regardless of whether they worked or not, with the State building a million new council houses, and transfering dwc’s to make university education and elderly care free, would society collapse, or just the world of the masters of debt?
Paraphrasing Sir Josiah Stamp, President of the Bank of England in the 1920’s: ‘Banking was conceived in iniquity, and was born in sin. The Bankers own the Earth. Take it away from them, but leave them the power to create (debt), and with the flick of the pen, they will create enough (debt) to buy it back again. However, take it away from them, and the great fortunes like mine will disappear, and they ought to disappear, for this would be a happier and better world to live in. But if you wish to remain slaves of Bankers, and pay the cost of your own slavery, let them continue to create (debt)‘. —
Money is an illusion.
Debt is an illusion.
The two party system of government is an illusion.
The Bank of England is a private company. It controls monetary policy in Britain because its masters control Britain.
The ruling elite teach slave consciousnes through indoctrination disguised as education.
Despite being a slave, they have somehow convinced you that you are free and mentally well adjusted!, ie. you do not question ‘the order of things’.
Only those driven to mental illness by questioning ‘the order of things’are normal.
They have turned the masses into dwc’s – dim-witted clowns, who have been made to think they are ‘strivers’.
lenin nightingale 2016