Who stands to profit from high national debts?

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..

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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." "

Doesn't matter. Almost every country was bleeding red before this anyway. It's not even these big spending bills that do the real damage. It's the perpetual funding of crap that has no value and the list keeps growing every year. Just stupid stuff that the public is to dumb to understand like funding PBS when 85% of their income is private political donations from think tanks and companies.

JP Morgan and CITIbank....Chase and CITI.....and the derivative banks DEUTSCHE

a reply to: nOraKat
If credit cards quit working, look out. The sheat will be ready to hit the fan. Banks will close to prevent a run for cash.
I have noticed, contrary to what I believed, gold usually performed opposite of stocks and bonds but it's down as well. I think they are liquidating their phony paper gold now and prices will go up when the paper trash settles.

Hmm interesting point. Where do these institutions get the money from? Just print it? Can countries just say 'No, not paying, bye' and print their own money?

Banksters profit from high National debts. That's why one has to be their own central banker, by owning valuable physical assets like gold, silver & real estate (if rent is allowed to be collected). Gold is money. Dollars are currency & are mostly just numbers on a computer screen, just like stocks & bonds, with nothing physical to back their perceived value. Money maintains value over time. Currency loses value over time. Gold will outlast nearly everything, including earth. The price of gold is higher today then it was at the begining of the year. Gold always outperforms market indexes in the long run because its a real asset, unlike dollars or stocks/bonds. Gold's price today is outperforming the DOW's price at its high, as well as, over the last 100 years & the last 50 years, since we went completely off the gold Standard. The DOW's price in 1970 (one year before we went off the Gold Standard) was @ 750 points, while gold's price was @ $38. Today the DOW is at 21,350 points, which is @ 28.5 times higher than its price in 1970. Today gold is @ $1600, which is 42.1 times higher than its price in 1970. At the DOW's high of 29500 points, the DOW was @ 39.3 times higher than its price in 1970. At gold's high of $1900 in 2011, gold was @ 50 times higher than its price in 1970. As you can see, it took gold 3 years after the 2008 financial crisis for gold to reach its high. Something similar will probably happen this time around. The only reason why gold is dropping in the short term is because people are selling gold to cover margin calls on their worthless leveraged stocks. People should be concerned about saving physical gold, which gains value over time, not saving dollars, which lose value over time. The price of paper gold right now is @ $1600 per ounce. The price of physical gold right now if one is trying to buy some is @ $1800 per ounce. Silver's physical price is @ double its paper price.

originally posted by: ragsntatters
Hmm interesting point. Where do these institutions get the money from? Just print it? Can countries just say 'No, not paying, bye' and print their own money?

R:” Where do these institutions get the money from? Just print it?“

So supposedly, the money comes from bonds which are something like loan agreements. Various entities hold / enter into these bonds but the majority are held by private institutions known as International Banks.

“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.”


The money from these institutions and private individuals is supposedly money they already had in their possession. How they obtained it is prob a whole other story. Appreciate any clarification by somebody who know better.

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R:” Can countries just say 'No, not paying, bye' and print their own money?”

Countries are borrowing from their own central bank. It is already their own currency.

My guess: There is prob no due date. If they can’t pay, the loans remain indefinitely.

I am no expert. Would appreciate clarification from somebody who knows better.

Related article: The bank of all banks

a reply to: nOraKat

Remote viewer Dick Allgire says we are being transitioned to a cryptocurrency system.



Sal

a reply to: SallieSunshine

Yeah, it probably goes without saying.. Bitcoin should have skyrocketed by now. They're prob doing whatever they can to bring it down.

originally posted by: ragsntatters
Hmm interesting point. Where do these institutions get the money from? Just print it? Can countries just say 'No, not paying, bye' and print their own money?

The way these bank magicians can conjure billions of dollars into existence... God damn.

First, it's inflates the currency... That's why you pay you 50x as much for goods compared to 50 years ago. In that regard, you can't have money in the bank without investing it because inflation will eat it's value. The loans they take have collateral, that's you, the potential tax income and production value of a human being. Unfortunately the way compound interest works, they'll never be able to pay the interest on the debt let alone the debt itself. You end up with a country/tax-base permanently enslaved to whoever is issuing the loan.

Regardless, these sorts of practices can't sustain themselves forever. What comes after, probably not something you want to see.