Many attempts have been made to inform about the fraudulent, destructive scheme of our currencies; based on nothing and backed by nothing. Most attempts were outdated but they have sparked critical thinkers able to expose the scam via superb recent work in line with current time.
How it is a Ponzi scheme, why and how it creates economic downfall and why it is legalised fraud.
The Euro and British Pound work the same way like all western currencies. So not the US dollar only.
On top, the US dollar is agreed upon being the western reserve currency for international trade.
This Blog is to expose the scam which is quite the read. But now for the first time i finally came across profound visuals explaining our toxic currency system. A true master piece.
Watch the video – an untold scam upfront adds
The video refers to 10% bank reserves. They actualy were reduced to 0-2% under the Basel accords
for all Tier-1 capital since 2002. This is base capital to be multiplied to 100% by Insurance banks and Investment banks by a Swap first. It’s a ‘security’ and it’s pure ‘Air’.
Basically it insures/guarantees the 0-2% for 100%. That 100% is then to be lend at interest for European and American government bonds (government public debt), mortgages and pension funds.
The Swap is: the Insurance bank insures 0-2% for 100% and gets a premium from the Investment bank from interest received from the 100%. But the 100% didn’t exist in the first place !!
We all people in the West pay interest and taxes on 98-100% Air ?? Yes we do !!
This scam upfront by Swaps isn’t even addressed in the video but caused the collapse in 2008.
Reserves for Tier-1 capital are to be at least 7% in 2019 which is still a joke. It will crash again !!
The Basel accords are part of the Bank for International Settlements (BIS). The FED is privately owned and holds a dominant seat. The BIS sets all western banking rules and isn’t a government entity.
Latest research exposes the major owners of the FED:
Bank of New York, JP Morgan Chase (Rockefeller, JP Morgan), Deutsche Bank, Wells Fargo, Citigroup (Blackstone Group, The Vanguard Group, Fidelity Investments, State Street Global Investors, Capital Research and Management).
I can also add that most top government officials and advisors derive from the above mentioned banking networks as links and ‘moles’. Just a few examples as very tip of the iceberg:
Paulson came from Goldman Sachs. Geithner from FED NY and JP Morgan. Jack Lew is ex-Citigroup.
In Europe it’s no different, just much more scattered since each EU member has its own government.
For details i suggest the following articles:
Modern Plofkip Bankieren (Dutch, short read)
Economy War and Realism (English, long read).
Enjoy this video and do spread the word. All people are to become aware of it !