Australian Reserve Bank Declares It’s BUST! Hoorah! Goodbye Satan.
After years of printing worthless, toilet paper Fiat currency the illusion is finally over. The entire private western central banking system has once again reached the end of another 40-50 year…
when these banks go bust, its important for us to harp on
USURY USURY USURY
and make sure the people who were engaged in USURY before, are not allowed to start a new scheme.
Interest itself is usury. Creates money from nothing. Inflation.
for a while, i was obsessed with studying math, and number theory,
and i even wrote spreadsheet programs to study the fine details of the mathematics of growth.
and the one thing that eventually became clear to me, was that ANY "interest rate" above 0% would eventually "go asymptote", over the long term.
https://en.wikipedia.org/wiki/Asymptote
this is why, "the rich get richer, and the poor get poorer"
these USURY schemes take time to play out, but they ALWAYS go asymptote, shoot for the moon,
and then crash and burn.
And when they crash and burn, all of "the little people" (poor people) gather together,
And they have torches and pitchforks, and kitchen knives,
And they revolt.
And they walk over to where "the rich people" live,
and things get ugly.
This has happened hundreds of times throughout history,
And for some reasons, which we don't fully understand,
Whenever this happens, they call it a "pogrom",
And its considered "anti-semitic hate"
To prevent pogroms, they long ago instituted the concept of JUBILEE.
If people do not learn history, they are bound to repeat its mistakes,
So of course, they cancelled JUBILEE, many years ago,
And the wealth has been transferred or redistributed from the LABOR CLASS, to the USURY CLASS.
We need some sort of credit / money system that specifies that the interest rate shall never be above 0%
Because right now, the Federal Reserve is jacking up USURY RATES, and will likely continue to jack USURY RATES from now until the end of time.
Isn't an interest rate as we know more than 0%? It's kind of like a promissory note to pay back X amount of money over time with Y interest rate, as a fee for the service of borrowing money.
Yes.
Usury can also be defined as “the charging of money, for the use of money”
So, like ATM fees are USURY,
Because they charge you money, to use your money.
But interest,
And especially compound interest,
Is always unsustainable over the long run.
Lets say two people are on a desert island,
And they each have $1 x 10
Lets say each day, they can trade their dollar bills for whatever they want.
Lets say person A fanagales a deal, where they “own” the island,
and the other person B has to pay a $1/month “tax” for the priviledge of living on his land.
How many months can this system go on, before person A has all of the money, and person B is broke.
This is a closed loop system.
Now use that model, and apply it to millions of borrowers.
The banks loan out $100, and expect $106 in return.
Where does the extra $6 come from?
It doesnt exist, within the context of your loan,
So you have to HUSTLE,
meaning you have to HUSTLE SOMEONE ELSE OUT OF $6,
There are a limited supply of $1 bills created, and therefore everyone must HUSTLE to get their $6,
Or else the bank takes the car
Or the house
Or whatever.
So they have to “spend” enogh dollars into circulation, to match the demand for dollars.
Things like government spending.
Build a road, spend millions of $1… money in the economy.
Stop building roads, millions of $1 disappear from circulation.
The problem is, the government spending gets more and more absurd,
Where we are sending $BILLIONS to Ukraine
Waste Fraud Abuse
Doesnt matter HOW the dollars are spent into circularion, so long as they are spent.
Too many dollars in the economy?
Just raise gas prices for a few months, and drain everyones savings account.
Now everyone is back to hustling for dollars.