In our present monetary system money is created exclusively by banks. Money is credit issued by a bank that is created out of thin air as debt to the bank. When you deposit your savings at a bank these savings become the money of the bank and the bank only has a financial liability to hand you back your money. The problem is that every bank has far more of these financial liabilities than they hold money in reserve to deliver on all of their financial liabilities at once. Because banks assume that not everyone will demand back their money at once under normal circumstances they can operate on a fractional reserve basis. In times of crises though banks will fail and it will turn out that the banks dont have enough reserves to deliver on their promise to hand back your savings.
The other problem is compound interest on debt. When banks issue 1000 dollars as credit to your bank account you have to pay back all this credit to the bank. But paying back the sum of 1000 dollars wont be enough. Banks demand you also pay back interest on the money they issued. So where does the money come from to pay the interest from? The fact of the matter is that it has never been created. So when viewing at this matter from a macro-economic point of view: when all the money in existence would be payed back to the banks at once, there still would be an incredible amount of debt to the banks left that is the result of compounding interest on interest on the debts to the bank.
Eventually the monetary system will have to collapse on the exponential growth of the debt and governments in coercion with central banks will have to hyperinflate their currencies in order to pay off the debt. Due to the way in which our monetary system is designed a system crash eventually is unavoidable. For years now the upper financial echelon is anticipating this system crash and is planning on using the social-economic turmoil as a pretext for devising a new financial order (listen to their owns statements in the video series posted on this channel). This new financial order will be the springboard for a new world order that the ruling financial oligarchy is envisioning for decades at least.
Whereas the total amount of money (fiatcurrencies) can be expanded by expanding the debt to a bank, the total amount of classic monetary metals like gold cant be expanded by the total expansion of debt to a bank. Gold unlike paper money cant be inflated away by government actions. So in times of monetary crises gold is the ultimate safe haven.
To prevent people from fleeing the fiat currency system they have control of western governments in coercion with central banks and large investment houses have been suppressing the price of gold for over a decade now. In the video presentation on this channel it is explained how exactly it is being done and why it will end.
Voor Nederlandse bezoekers (Dutch):
Voor het grote publiek is de meest briljante coup in de geschiedenis van de mensheid tot op de dag van vandaag onopgemerkt gebleven. De coup op ons GELD is echter een feit!
In de videopresentatie Verborgen geldmechanismen - Over de diepere oorzaken van de Kredietcrisis wordt stapje voor stapje uiteengezet op welke ondoorzichtige en subtiele wijze de verborgen geldmechanismen van bancaire instellingen de gewone man uitbuiten en rijkdom distribueren naar de financiële elite.
In de presentatie wordt het ware gezicht onthuld van het gedrocht dat schuilt in het hart van ons geldsysteem. En ik waarschuw je: Het biedt geen prettig aanzicht...
Bekijk ook deze fantastische presentatie van Dr. Lawrence Parks:
http://montanasoundmoney.org/parksvideo.html
For English speaking guests:
In our present monetary system money is created exclusively by banks. Money is credit issued by a bank that is created out of thin air as debt to the bank. When you deposit your savings at a bank these savings become ...
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