One of the most successful use of esoteric arts is the creation of the perception of wealth that we know today as money. Everybody falls for it.
Even those so-called professional economists are even proud to have elevated themselves to the “full understanding” of how to play with the Babylonian scheme of endless paper shuffling that has nothing to do with the physical economy whatsoever.
They exalt themselves with pride whenever they survived on any calamitous situation as if everything in it is due to a force majeure.
Nothing could be farther from the truth.
The Banking Secret that neither Economists Nor Laypeople Know … Which Is Destroying the Real Economy (While Making a Few Kings)
by George Washington, Mar 13, 2017
Who creates money?
Most people assume that money is created by governments … or perhaps central banks.
In reality – as noted by the Bank of England, Britain’s central bank – 97% of all money in circulation is created by private banks.
But how do private banks create money?
We’ve all been taught that banks first take in deposits, and then they loan out those deposits to folks who want to borrow.
But this is a myth … The Bank of England the German central bankhave explained that loans are extended before deposits exist … and that the loans create deposits:
The above is from an official video released by the Bank of England. The Bank of England explains:
Whenever a bank makes a loan, it simultaneously creates a matching deposit in the borrower’s bank account, thereby creating new money. The reality of how money is created today differs from the description found in some economics textbooks:
Bank Deposits are Bank IOUs
The Global Khazarian Mafia is maintaining its power by hiring and paying for the armed and political mercenaries with paper currency whose real value rest solely on the faith of the people in that same system they have built.
The House of Cards will have no other way but to be sucked in on its own vacuum when the people start to open their eyes to the whole elaborate chicanery.