I've read some conspiracy theories on how international secret organizations control this world through debt. (i.e. Big loans. They are big loans
issued by a bank to the government.)
When I heard of the proposals in the US to borrow Trillions of dollars for stimulus plans (at the least 2 Trillion), it raised an eyebrow. The first
package is $2 Trillion, and more are on the way - perhaps another 2 Trillion dollars will be proposed for infrastructure.
(
Trump, Pelosi see ‘Phase 4’ coronavirus package)
This is the biggest spending bill in all of history
(
Breaking down the largest spending bill
ever), with another one of equal size about to follow.
This is pretty big money considering our entire national debt, which took a lifetime to accumulate was $22.7 Trillion last year and has hit $23.4
Trillion in February of this year, 2020. The new spending (or loans borrowed from banks for just these two spending bills..) will equate to almost 17%
of the entire National Debt, or even more after all is said and done.
Countries around the world are proposing similar astronomical spending bills, borrowing from the central banks..
----
The general understanding is that all of this money (that is borrowed) is collected through government bonds, however a book I read says otherwise -
its says - "only the smallest percentage of the national debt is held by individuals in this form. Most government bonds, except those owned by the
government itself through its trust funds, are held by vast banking firms known as international banks."
Lets consider government bonds. One search result said that returns can typically be about 2.8%. Another article says below that returns on government
bonds can be as high as 26.2% (for Argentina).
The World’s Highest Government Bond Interest Rates
While 3% may not sound like a high return for the average man, it may be a great safe investment for the billionaire or trillionaire with tons to
invest, especially if he knows it to be secure.
So according to this book: "Most government bonds, except those owned by the government itself through its trust funds, are held by vast banking firms
known as international banks."
The name of the book is:
NONE DARE CALL IT CONSPIRACY
The book is based on information taken from another great book:
TRAGEDY AND HOPE - by Carroll Quigley
(The above are both links to the entire book.)
So what do these authors believe in regard to how International Banks control this world:
Some excerpts from NONE DARE CALL IT CONSPIRACY:
"The public is led to believe that our government borrows from "the people" through savings bonds. Actually, only the smallest percentage of the
national debt is held by individuals in this form. Most government bonds, except those owned by the government itself through its trust funds, are
held by vast banking firms known as international banks. For centuries there has been big money to be made by international bankers in the financing
of governments and kings. Such operators are faced, however, with certain thorny problems. We know that smaller banking operations protect themselves
by taking collateral, but what kind of collateral can you get from a government or a king? What if the banker comes to collect and the king says, "Off
with his head"? The process through which one collects a debt from a government or a monarch is not a subject taught in the business schools of our
universities, and most of us-never having been in the business of financing kings-have not given the problem much thought But there is a
king-financing business and to those who can ensure collection it is lucrative indeed."
"Economics Professor Stuart Crane notes that there are two means used to collateralize loans to governments and kings. Whenever a business firm
borrows big money its creditor obtains a voice in management to protect his investment. Like a business, no government can borrow big money unless
willing to surrender to the creditor some measure of sovereignty as collateral."
Now this loss of sovereignty happened a long time ago.. so the foothold in governments are already established.
"Since the keystone of the international banking empires has been government bonds it has been in the interest of these international bankers to
encourage government debt. The higher the debt the more the interest. Nothing drives government deeply into debt like a war; and it has not been an
uncommon practice among international bankers to finance both sides of the bloodiest military conflicts. "
(Comment: Perhaps war is no longer the mechanism that drives governments into the deepest debt. Other mechanisms have surpassed it!)
"But while wars and revolutions have been useful to international bankers in gaining or increasing control over governments, the key to such control
has always been control of money. You can control a government if you have it in your debt; a creditor is in a position to demand the privileges of
monopoly from the sovereign."
"Money-seeking governments have granted monopolies in state banking, natural resources, oil concessions and transportation. However, the monopoly
which the international financiers most covet is control over a nation's money. Eventually these international bankers actually owned as private
corporations the central banks of the various European nations. The Bank of England, Bank of France and Bank of Germany were not owned by their
respective governments, as almost everyone imagines, but were privately owned monopolies.."
"Under this system, observed Reginald McKenna, President of the Midlands Bank of England: "Those that create and issue the money and credit direct the
policies of government and hold in their hands the destiny of the people." "
edit on 31-3-2020 by nOraKat because: (no reason given)