posted on Oct, 1 2008 @ 02:53 AM
The economy is being eaten by the interest monster. As all our money is "loaned" to us at interest, the interest payments themselves keep getting
bigger and bigger. But the interest money is never created itself, it has to come from the original loan. So, if they loan out $1000, you are
expected to pay back the $1000 + the interest. But they never created the interest money, so is it possible to actually pay it back?
You can't. It's impossible. The only way you can take care of your own personal loans/interest is to take away money from another person. So
that you can pay back the loan, plus the interest. Which is just passing the buck, and eventually someone, somewhere is going to come up short.
And when that starts happening, then things start falling down.
In the past, they have been able to create more money all the time, and then that new money is used to pay the existing interest(which also comes at
interest). So it was allowed to happen for awhile. But today we are now to the point where the amount of money needed to be created is HUGE just
to keep it going(thus those big numbers they keep putting out). But as that money also comes at interest, all they really are doing is delaying the
But the number they give isn't even the true number. I've seen people ask - why are they giving the money to the banks? Because the banks are
then allowed to turn that money into 9 times the amount due to fractional banking laws. You give them 1 trillion dollars, and they will be able to
legally turn it into 9 trillion dollars. The people aren't allowed to do this, we would go to jail for counterfeiting.
So basically, we are borrowing money to pay existing debts. There is a scam that is now illegal that use to be done with people using checks.
You write a bad check 1 day for $20. You use the $20 to live on. The next day, you cash another bad check for $40. You then use $20 of that money
to pay the previous check, and then $20 to live on. And then the next day you need to write a check for $60, and then on and on. Eventually you get
to the point where they are like - yeah right, don't think so because you are trying to cash huge checks. And you are screwed and your entire
financial situation comes crashing down. Now imagine if you could do that, and then at the end of it, the government just came in and took care
of those debts for you. That is the bailout.
It's economic slavery. The noose has been around our neck for many years. It's just starting to tighten up now.