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Poverty & the Money Monopoly Cartel
All poverty today is created by the Money Monopoly Cartel, which controls the International Monetary System, and uses the slavery and wealth extraction model of the debt based money model, which the cartel created starting centuries ago with the creation of central banks, which were chartered into existence by the western monarchies, and have always kept their owners a big secret.
However we can assume that the monarchies all got a large slice, likely up to half as it was common practice during the 500 years of colonial imperialism for the monarchies, or their governments-The Crown, to take 50% of all the profits of the multinationals that they chartered into existence.
For example, the British East India Company, BEIC, which took India from being the richest nation in the world with 25% of the global GDP when the British seized control, to being one of the poorest nations on earth, reduced to just 4% when India gained “independence” – and by this stage it has been estimated the BEIC and Britain had stripped $45 trillion out of India. Half the profits went to The Crown.
And we also know that the Rothschild’s ran the Bank of England for hundreds of years, with one of them boasting he didn’t care what puppet sat on the throne of England because he controlled the gold and the money.
So the central banks are owned by monarchies and big banking families, and likely other oligarchs are minor partners.
The modern monetary system is a 100% debt based money system, where all money is created as debt. Most people don’t understand this.
Central bankers create cash out of thin air.
It is not backed by gold or precious metals as it was once in previous history. It is not real money. If you and I printed it it would be called counterfeit.
In 1971 when Richard Nixon, on behalf of the bankers, cancelled the US gold window, effectively stealing the gold of all nations who had gold stored with the Federal Reserve, the Fed went to a 100% fiat money printing system – meaning it is literally fake money. Paper and ink.
The only thing that keeps the money system going is the ignorance of the public, and our hard work and energy that creates inputs to keep it flowing.
When fiat money is printed and released into the economy the central banks loan it into the system. Meaning it is debt based money. As long as that money is in circulation every year there is interest paid to the central bankers for it. That’s the first part of the money system. Debt based cash.
The second part is harder for people to wrap their heads around, and most of the economists in the world promote fake narratives about this.
This is because the world’s biggest prize for economists is the Nobel Prize for Economics, which is not a real Nobel Prize, but is in fact granted by the Central Bank of Sweden, they simply named it this way to add prestige to it and fool the public. It is a reward for useful idiots.
We’ve seen this corruption with President Obama getting the Peace Prize as soon as he got into office, a million dollar bonus for being the bankers man, and then he went on to become one of the greatest war presidents in history. Another example is the 2 scientists awarded a Nobel Prize last year for helping to create the mRNA bioweapons that are spreading death, disability and disease. The list is long! Rewards for useful idiots.
Let’s get back to money creation.
The second way money is created is through credit. When a bank assesses someone for a loan, they check your ‘credit score’ and assess whether you have the ability to repay the loan. It is essential to follow sound banking principles in order to create credit which keeps the system growing and stable, the expansion of the credit cycle.
Credit is created by a simple process, but one that is governed by a large set of rules and laws – this is the exchange of a loan contract, when you are approved for a loan and sign on the dotted line, the bank literally creates the money out of thin air through the legal process of the contract, it is a book entry that creates the money.
Credit issued on one hand by the bank, the creditor, goes to the borrower, the debtor, and it becomes a debt to the bank. If you think about it as +1 (credit) and -1 (debt) you see it cancels out to zero. When credit is repaid to the bank it cancels the credit credit back to zero. (except for the +interest, which creates the banks profits.)
And the debtor, the borrower, usually has to have adequate collateral, so that if they go broke the bank can seize their assets and get the banks ‘money’ back.
Credit, which is one form of money, is created from thin air, by this simple process, a legal contract – it is a book entry that creates the money.
In the 1920s, Sir Josiah Stamp, a director and president of the Bank of England said that “The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented.”
Both forms of money, cash and also credit, are created with debt attached, which is called interest.
The government pays the interest on the cash the central banks creates, which means that along with any loans it owes, the governments first responsibility is to use the tax money it takes off citizens to pay the bankers and financiers, both the central banks, and the bond markets.
And as we know with all credit created in the banking industry, the borrower pays back the principal plus interest, and in this way the bankers extract the wealth of all through the interest component.
All money is debt in the modern monetary system.
And in this way the bankers and the richest people in the world, who are mostly bankers, and the owners of these banks, the Money Monopoly Cartel, are the apex predators at the top of the pyramid of the international monetary system, where all of humanity is effectively enslaved under their pyramid of wealth extraction through the banking and central banking system. They get a share of everything. Everything. Look around you, every single thing you are looking at was created by money, and credit, which means the bankers took their cut.
The Money Monopoly Cartel controls all of the levers of the international financial system, which allows them to expand and contract the economies of nations, and the global economy and to create periods of booms, and then busts, and during the busts, the apex predators at the top of the pyramid scoop up all the assets in the pyramid, which is where the saying ‘the rich get richer and the poor get poorer’ comes from. The levers of control over the financial system include-
· Banking industry
· Central banks
· Money supply –
· Money expansion
· Money contraction
· Credit Expansion
· Credit contraction
· Interest rates – up or down
The Money Monopoly Cartel controls all of these elements. They can control economies of nations, they can control the global economy, they can control nations, and they can influence the starting and ending of wars as well.
The bankers are really driving the ship of humanity. And the bankers are behind the Great Depression of the 1930s, and all financial crises. Because they control all of the levers of the financial system and it is designed to expand and blow up. It is inherently unstable. Bankers control the expansion of money and credit, so economic booms, and they control the contraction of money and credit, so the busts. The economic implosions are created as periods where the bankers, the financiers, and the richest swoop in and take all assets.
The 1st agenda behind the Covid-19 lockdowns was another banking bailout. The interbank lending system, called the Repo Market was on the verge of blowing up again in late 2019, and the Federal Reserve started injecting billions into it trying to stabilize it. And the solution was to lockdown the world-literally to stop the productive lives of half of humanity, in order to pump uncountable trillions into the system, so they could keep it running. This is why in early 2020 central banks in every nation went on a money printing spree. It wasn’t about the health of humanity, the common cold, or the pneumonia they branded Covid-19 to use as a weapon to force compliance. It was a gigantic banking bailout for the owners of the international monetary system, the Money Monopoly Cartel – to keep their system going, until they can take it all.
And this is why there is no solving the poverty problem.
This gigantic globalized money machine creates poverty from the ground up. It is why wealth and income inequality grows generation on generation.
Forbes magazine reported in 2018 that the top 1% today own about 46% of the worlds wealth. And the top 10% own another 39%-making 85%. With the bottom 50%, around 4 billion people, owning only 1.3%. And the middle classes, which are being squeezed out of existence, own the little left over less than 15%.
This economic slavery machine of the privately owned Monopoly Money Cartel creates the poverty that they constantly claim publicly they are concerned about, and that they measure, and claim to be helping ‘end poverty.’
The ugly, inconvenient truth is that they measure that which they are intentionally creating, poverty, in order to assess when to strike hardest at all of humanity as they are doing with their all out 5th generation world war, Covid-19: The Great Reset, in order to force humanity to the ultimate point of poverty, which is as the World Economic Forum evilly describes it ‘by 2030, you’ll own nothing and be happy.’
As long as humanity is chained to the privately owned money monopoly there is no solving the poverty issue, there is no reducing the wealth and income inequality gap, and there is no ending the war on humanity by the Davos globalist elites.
End the money monopoly.
End all forms of centralized power.
Restore humanity to a paradigm of abundance and prosperity.
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Author: Ivan M. Paton
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