At this time your complete world is within the grips of a devastating financial crisis which has resulted in an effectively damaging financial downturn. As long as the rate of inflation is larger than the financial institution fee there is no such thing as a cause to keep your money in a bank, unless of coarse you like the fact that banks are utilizing your cash, freed from cost, to make money for themselves when you lose cash.
As we have already said in our different articles, these non secular writings are being written in good religion for the longer term good thing about mankind; since we’re writing them hoping of having the ability to counsel methods to solve some very severe religious issues, that are affecting the entire world today.
A system of “debt peonage” is inextricably linked to a banking system during which money is issued privately by bankers and lent to the government quite than being issued as “bucks” by the government itself Right now the “European plan” has developed into the personal central banking system, and it has come to dominate the economies of the world.
If you don’t know the enterprise model, what the company does on a daily foundation, or the way it generates income now, and in the future, then keep away from it. It’s due to this that he has earned billions of dollars yr after 12 months for himself and his investors.
Deficit spending leads to the creation of new cash when banks lent newly created cash to the government (where it is exchanged by massive correspondent banks into government reserves dollars) wanted to purchase the securities from the Treasury.