11 July 2020

The Love of Money...

...is a root for all kinds of evil.

Read the below, taken from this source, to understand just exactly what a "bank note" is, also called a "U.S. Dollar" or "currency" - also, this is a large part of what "usury" is.

"1694: The Year which Doomed the World's Economies
The government of King William III was in desperate need of money. When learning of this situation, a man named William Patterson put together a cartel of wealthy men, of which he was the leader. Patterson and cronies agreed to loan the King 1,200,000 pound sterling which would have been approximately 6 million dollars at 8% interest per annum on the condition that the king would grant 2 things:

1) He would grant Patterson and his associates a charter which would name them "The Bank of England," and

2) This bank shall have the "sole and exclusive right" to issue notes to the fullest extent of its capital.

The people were having a problem with their gold and silver coins of which the bankers quickly came to the rescue. The solution is aptly described by Professor Carroll Quigley in his book, Tragedy and Hope:

• ...for generations men had sought to avoid the one drawback of gold, its heaviness, by using pieces of paper to represent specific pieces of gold. Today we call such pieces of paper "gold certificates." Such a certificate entitled its bearer to exchange it for pieces of gold on demand, but in view of convenience of paper, only a small fraction of certificate holders ever did make such demands. It early became clear that gold need be held on hand only to the amount needed to cover the fraction of certificates likely to be presented for payment; accordingly the rest of the gold could be used for business purposes, or, what amounts to the same thing. A volume of certificates could be issued greater than the volume of gold reserved for payment....Such an excess volume of paper claims against reserves we now call bank notes. In effect, this creation of paper claims greater than the reserves available means that bankers were creating money out of nothing...

The King literally granted the Bank of England the legal right to print all the money that would be used in commerce by the people and the government. In other words the Bank of England became the sole money source of any currency that was used in English commerce by either the people or the government. If they needed more money, they simply printed it. It is said that by 1698 British government owed 16 X 10 to the 6 power pounds sterling to the Bank of England. Keep in mind this was only 4 years."

TL;DR: All modern monetary systems (banking, Federal Reserve, etc.) are world-wide scams and conspiracies being run by an unknown number of evil families.

May we all walk with the Holy Spirit of God-in-Christ,
Logos Prevailing

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