The Hidden Agenda
Last week I read an interesting article on the Knights Templar and their invention of modern banking. Upon reading it, I realized some disturbing factors concerning banking today. If you trust my intuition then I allow me to share with you my analysis of the banking system today. First off, many of you might not be aware who these Knights are, so allow me to educate.
The Knights Templar were a monastic military order formed at the end of the First Crusade with the mandate of protecting Christian pilgrims on route to the Holy Land. In this sense they were the first of the Warrior Monks. The Templars fought along side King Richard I (Richard The Lion Hearted) and other Crusaders in the battles for the Holy Lands.
From humble beginnings of poverty when the order relied on alms from the traveling pilgrims, the Order would go on to have the backing of the Holy See and the collective European monarchies.
Within two centuries they had become powerful enough to defy all but the Papal throne. Feared as warriors, respected for their charity and sought out for their wealth, there is no doubt that the Templar knights were the key players of the monastic fighting Orders. Due to their vast wealth and surplus of materials the Templars essentially invented banking, as we know it.
But this is where it gets interesting. Allow me to explain.
Let’s say you have a million dollars, you can now lend me a million dollars. But if a bank has a million dollars it can lend ten times that and more, and charge interest on it. If even a fraction of the people who theoretically have ‘money’ deposited in the banks went today to remove it, the banks would slam the doors in half an hour because they do not have it.
When you go into a bank and ask for a loan, the bank does not print a single new note nor mint a single new coin. It merely types the amount of the loan into your account. From that moment you are paying interest to the bank on what is no more than figures typed on a screen.
However, if you fail to pay back that non-existent loan, the bank can come along and quite legally take your wealth that does exist, your home, land, car, and possessions, to the estimated value of whatever figure was typed onto that screen.
More than that, because money is not brought into circulation by governments, but by private banks making loans to customers, the banks control how much money is in circulation. The more loans they choose to make, the more money is in circulation.
What is the difference between an economic boom (prosperity) and an economic depression (poverty)? One thing only: the amount of money in circulation. That’s all. And, through this system, the private banks, controlled by the same people, decide how much money will be in circulation.
They can create booms and busts at will. The same with the stock-markets where these guys are moving trillions of dollars a day around the financial and banking markets, so deciding if they go up or down, soar or crash. Stock-market crashes don’t just happen, they are made to happen.
Most of the ‘money’ in circulation is not physical money, cash and coins. It is represented as figures passing from one computer account to another electronically via money transfers, credit cards and cheque books. The more money, electronic or otherwise, that is in circulation, the more economic activity can take place and therefore the more products are bought and sold, the more income people have, and the more jobs are available.
Overpaid economists and economic correspondents, most of whom have no idea what is going on, will tell you that boom and bust is part of some natural ‘economic cycle’. What claptrap. During a boom many people get themselves into even more debt. The vibrant economic activity means that businesses borrow more for new technology to increase production to meet demand.
People borrow more to buy a bigger house and a new, more expensive car, because they are so confident about their economic future. Then, at the most opportune moment, the major bankers, interest rates to suppress the demand for loans and they begin to call in loans already outstanding. They ensure they make far fewer loans than before.
This has the affect of taking units of exchange (money in its various forms) out of circulation. This suppresses demand for products and leads to fewer jobs because there is not enough money in circulation to generate the necessary economic activity. So people and businesses can no longer earn enough to repay their loans and they go bankrupt.
The banks then take over their real wealth, their business, home, land, car and possessions in return for non-repayment of a loan that was never more than figures typed on a screen.
Instead of creating their own interest free money, governments borrow it from the private banking cartel and pay back both the interest and the capital by taxation of the people. Fantastic amounts of the money you pay in taxes go straight to the private banks to pay back loans which the governments could create themselves interest-free!! Why don’t they do it?
What we call ‘privatization’ is the selling off of state assets to stave off bankruptcy caused by the bank-created debt. Third World countries are handing over control of their land and resources to the international bankers because they cannot pay back the vast loans made, on purpose, by the banks to ensnare them in this very situation.
The world does not have to be in poverty and conflict, it is manipulated to be that way because I guess it serves a hidden agenda. What is this agenda? Is there someone pulling all the strings in the World Economy?
So till my next post ya, its bye from Ganz.
2 Comments:
Interesting read. Makes me stop and ponder for a while.
Thanks for posting this entry.
9/22/2005 12:16 am
It's always a relief to see that someone else understands what is perhaps the most colossal scam of all time.
A few websites for those interested in learning more:
http://www.prolognet.qc.ca/clyde/money.htm
http://www.prolognet.qc.ca/clyde/badfruit.htm
http://www.monetary.org/index.html
http://www.interestfreemoney.org/index.htm
http://www.justiceplus.org/no_interest.htm
There are many more.
Peace.
10/29/2005 9:44 am
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