The Fractional Reserve Banking System Dumps over $2 Quadrillion Dollars of Made-Up Money Out Of Thin Air, Yearly, into the World’s Money Supply. This is Killing the U.S. Dollar and Destroying America, as we know it.
The Fractional Reserve Banking System, needs to be ENDED to save America, the American Dollar and the World, period.
in 2015 there were 501,000 homes sold for an average price of $360,000, for a total of 180 Trillion Dollars. Under the Fractional Reserve System, Banks can LOAN OUT/Create 9X times that amount or $1.62 QUADRILLION DOLLARS, out of thin air.
That’s $1.62 Quadrillion $1,620,000,000,000, out of thin air! Oh we’re not done yet. Add to that;
17.5 Mil. autos sold at an avg. price of $33,000 = $561 Bil. X 9 = 5.49 Tril.
4 Tril. U.S. Gov’t Budget – borrowed from Bank/Fed X 9 = 39 Tril.
That totals $44.49 Trillion added to the $1.62 Quadrillion, which brings the Yearly Total to $2.07 Quadrillion U.S. Dollars added to the Money Supply.
This doesn’t include Bank Loans to Wall Street, or U.S. overseas banking Loan totals. Those would add to these impressive totals
When it comes to Inflation, Hyper-Inflation and the destruction of the U.S. Dollar, I see a more than clear Culprit, and it’s name is; The Fractional Reserve Banking System.
It’s unraveling starts TODAY! I want people to see the Real Amount of money and damage this system is causing. With this kind of money, the Bankers can do anything. They can buy anything, any Country or anybody.
I actually had to google what came after a Trillion, because the number Amounts were so high. I’m like, WTH, what comes after Trillion. This is Absolutely Incredible! Who can believe totals this high.
What comes after trillions?
Billion – Bi stands for the number 2. So a billion has (2) sets of 3 zero’s after it. 1,000,000
Trillion – Tri stands for the number (3). So a trillion is followed by (3) sets of 3 zero’s. 1,000,000,000.
Quadrillion – Quad stands for the number 4. So a quadrillion is followed by (4) sets of 3 zero’s. 1,000,000,000,000.
Sextillion – My personal favorite! 🙂 Se stands for (6). So a Sextillion is followed by (6) sets, of zero’s. 1,000,000,000,000,000,000. and so on.
Septillion (7) sets of zero’s
Well this is what we are dealing with. They can KILL the Dollar any day they want at any time. They can flood the money supply with U.S. Dollars until it has no worth whatsoever…easily. I’m surprised the haven’t done it already.
But when they do…we will be ready. Plans are already in place to kick these Maggots and their beloved, hellish monetary system to the curb! Its’ been done before and it can be done again. The goal is simply to alert people to that plan, and tell them not to worry about these Scumbag Bankers.
Wade House, The True Democracy Party of America, and the U.S. Congress, along with the American People…will deal with this situation. That’s why we are here. That’s why the Elites are so afraid of The True Democracy Party and the American People.
It will take education of the Main Issue, and the willingness to tell your Congress Men and Woman. CHANGE THE SYSTEM OR WE WILL CHANGE YOU!!! This B.S. Fractional Reserve Banking System will go or you will go…take your pick!
Some say we need to END THE FED. What we really need to end is the Fractional Reserve Banking System.
As long as Banks operate under Fair and Sound Banking Rules and Practices, they have a place in our society. The Fractional Reserve Banking System…does not!
The only place for the Fractional Reserve Banking System in our Society is Dead and Buried under our feet!
Congress has the Right, and the Constitutional Mandate to create our money and set it’s value. It’s about time Congress did it’s job, or we will find someone who will!!!
We must start first with getting rid of the system that all these Quadrillions of dollars are coming from. There are smart people in America. If more needs to be done, and there will be, we will address those issues also.
And NOTE: This is the same banking system used around the World. You could average these same numbers for China, Russia and Europe, giving us something like what…$4-$8 Quadrillion dollar equivalence yearly, worldwide.
And this is just for 1 year. They did the same basic thing last year and the year before, and they plan on continuing this Mad System, as long as we don’t know or understand it. THAT IS CHANGING!
The People will Wake-Up when you start talking about Quadrillions of dollars on a yearly basis.
True Democracy Party Of America
Banking – the Greatest Scam on Earth
Uploaded on Sep 11, 2011
The Greatest Scam on Earth – The Money Scam! The Money Scam is hidden right out in the open, yet buried in complication and confusion.
A retired banker describes simply, the world’s Money Scam and the reason every country is now going bankrupt. Private bankers have stolen the money creation process, and whereas once our money was created by the governments, debt-free, it is now created out of thin air and issued as debt with interest charges.
In today’s banker controlled world, money = debt, debt = slavery and therefore money = slavery — our monetary systems have become systems of enslavement. Money is created out of nothing, issued as debt, not enough money is created for the future interest payments and inflation steals our savings.
The money creation process should be taken away from the banks and given to the governments who can create money debt-free, interest-free. This is how it used to be done and we needed no income taxes. Finally, it is explained what we should do to stop supporting the money scam.
Money As Debt – Full Length Documentary
Uploaded on Feb 15, 2012
Essential viewing on money and the banking system. Money As Debt is a fast-paced and highly entertaining animated feature by artist & videographer, Paul Grignon. It explains today’s magically perverse DEBT-MONEY SYSTEM in terms that are easy to understand.
Who Controls the Money Controls the World
Uploaded on Nov 13, 2011
All facts in this movie have been independently confirmed.
The Collapse of The American Dream Explained in Animation
The key to the staggering wealth and control the Federal Reserve possesses is their ownership of the fiat money fractional reserve banking system they created and had made into law.
Fiat money is made up money. It’s money because a government decrees it’s money, also known as “legal tender.”
The Federal Reserve Act of 1913 gave the Fed the right to create its own money. Congress blessed the Fed’s fiat money by declaring it legal tender.
The U.S. Treasury doesn’t issue money, it prints Federal Reserve Notes, the Fed’s fiat money. The Treasury is nothing more than a printing press contractor for the Fed.
In a fractional reserve system, which is what the Fed created to self-propagate the money it owns, money is deposited in a bank that has to hold “in reserve” a fraction of the amount deposited.
Reserves held at banks are supposed to comfort depositors that if they come to take out their money there’ll be enough at the bank (because the bank isn’t allowed to lend out all your money).
But here’s how it really works.
If you deposit $100 in a bank and the bank’s “reserve requirement” is 10%, the bank has to put aside 10% of your deposit, or $10, and can lend out the other $90.
The bank could then lend $90 to me, which I might leave on deposit at the bank. It would then have to reserve 10% of my $90 and could lend out another $81.
So, it looks like the bank has a nice little business – but it continually has less and less money to lend out.
Of course, there’s another way to calculate “reserves.”
What if the bank took your $100 and simply said, we have $100, which we are calling our reserve requirement.
Holding $100 as a reserve implies the bank has held 10% of $1000.
That’s what they do.
Instead of having $90 to lend and make interest on, your bank uses your $100 to create $1000 it can then lend out.
Fractional reserve banking is magic for banks. It self-propagates the Fed’s fiat money.
That’s how banks make money. And when they get too greedy and lose out on their profiteering schemes, the Federal Reserve is there to bail them out.
How the Fed’s Scheme Really Works
The fact that the nation’s central bank backstops the big banks that own it, and that that same central bank is the “regulator” of the banks that own it, isn’t widely understood.
But it’s part of how the scheme works.
As far as controlling the government, the Fed can create (sometimes referred to as “printing” although credit is just an electronic check on a digital ledger) any amount of money it wants to buy as much government debt (bonds) as the Treasury issues.
Politicians don’t have to raise taxes to spend money. They rely on the Fed to purchase the debt obligations they issue so they can spend to their hearts content.
The fact that the Federal deficit is growing rapidly doesn’t matter to politicians. They’re more concerned about getting elected and staying in office by giving the public whatever they can to buy votes.
As far as the old fear of “crowding out,” where if the government issues too many bonds and other debt financing issuers are selling bonds there would be upward pressure on interest rates as issuers compete for buyers, that’s been eliminated.
Interest rates aren’t rising because the Fed is buying all the bonds the government issues under the guise of keeping interest rates low to stimulate more borrowing.
It’s not even subtle government capture, it’s the outright buying of our government.
Markets have no idea how to fairly price financial assets any more. That’s because we don’t have free markets any more.
The Fed has manipulated interest rates so low, bought so many bonds and other debt instruments, that normal, healthy market-driven capital allocation and prudent risk-taking has been overthrown by a central-planning board of governors at the Fed who believe they alone know how to manage interest rates, and that their pumping-up of financial assets is in the best interest of the economy, and of course their constituent bank shareholders.
*** Replacing the Fed Is Easier Than You Think ***
America’s become a giant banana republic controlled by officers and oligarchs of the banking elite, with the Fed being the head of the snake.
The fix is easy.
The Fed needs to be ended and replaced with a better, more transparent apparatus.
This would have to be done in phases, but here’s what should happen:
* The U.S. Treasury has to issue U.S. (public-owned) dollars, interest free.
* Make the “reserve requirement” at banks a flat 50% on all deposits and assets.
Devise a transparent mathematical model to keep the quantity of money increasing at a rate commensurate with economic growth.
* Make banks into utilities such that with a 50% reserve requirement they wouldn’t fail but could earn interest on loans, earn fees for services, and build “profit-pools” that could be distributed to shareholders at the end of a calendar or fiscal year.
* To “tighten” the money supply if inflation becomes a problem, another mathematical model should be initiated to have banks use their “profit-pools” to take excess money out of the banking system.
All that’s easy to do.
And without a buyer of first and last resort to absorb government issued debt, politicians would have to raise taxes to be able to spend, which would instill fiscal discipline.
America’s been held hostage far too long by the capitalist cronies who run the Federal Reserve System and its big banks.
It’s time to free ourselves and our economy.
Aug 5th, 2016 | By Shah Gilani
The public doesn’t know that America’s central bank is a private banking corporation that creates money out of thin air to enrich its big-bank shareholders and finances government deficits so politicians can pay for votes with handouts without having to raise taxes.
I told you that the only way to free markets and capitalism from the central-planning board at the Fed and free America’s hijacked democracy is to kill the Federal Reserve scheme and replace it with something altogether different.
Here’s why the Fed has to be replaced and what should replace it…
This Is the Key to the Fed’s Control.