MONEY CREATION AND DESTRUCTION

In a pseudo civilisation like the one we have on Earth where over population is out of control we would need a ever increasing amount of money, to permit everybody to work.

All the global lack of money and work is willingly created by the Capitalist Elite to control population, if money where infinite and everybody have work we would rapidly fill the the Whole Milky way with Humans eating losers humans for breakfast.

Birth control is A MUST of intelligent civilisations, the Bible insists on sex control because it was the only way back them to slow overpopulation. Now that we have contraceptives we can enjoy sex without reserve.

The money creation process in all capitalist nations is the same:

The Government only creates base money, 5% of the money in circulation all the rest 95% is created by privates corporations, the commercial banks by loans and mortgages.

Yes, when you make a loan the Bank is creating that money on the spot out of thin air.

Money creation steps:

1. The Government sell bonds to the Central Bank.

2. The Central Bank pays those bonds with base money created out of thin air printed by their machines.

3. The Government pays all their debts with this money, this money ends in the banks.

4. Commercials banks can create up to a 90% of the money they have.

Let's see an example:

Let's imagine we start the system from the beginning, there is no money created yet. The Central Bank buys a bond of 1000 euros. The Government pay me this 1000 euros to my bank account in ING direct.

Now ING direct can loan up to a 90 percent of this 1000 euros, that is 900 euros. You ask them a loan for 900 euros and deposit it your CityBank account.

Now CityBank can lend a 90 percent of 900 that is 810 to a third person and the same process continues.

In this example from the initial 1000 euros of base money, now we have in the system 900 + 810 = 1710 euros. In theory from 1000 euros of base money they can create up to 9000 euros.

Now you understand why if everybody goes to withdraw their money notes at the same time at the bank there is only money for the first ones.

When the Government runs out of money sell more bonds to the Central Bank. The Central Bank sets the interest rate of the Commercial Banks, in Europe the popular euribor.

When the Central Bank wants to contract money they have two options, rise the interests or tell their rich owners and friend corporations to keep their money frozen.

As Avatar Smithy says the capitalist money system is a Zero Sum Game, this means that when you have money you are taking it from other people, the more money you have the less money other people have. If you have a million euros is because another person debt a million euros.

There is no community, no love in this system, it is the bigger fish eat the smaller, big brother eats little brother, me or you, kill or live, it is the economic system of Hell, the economic system of the Kali Yuga.

I really DON'T want this demonic system for my children, do you?

For a deep explanation of the History of money read the Money Master Transcript Compilation.
For a deep explanation of the black magic of the current capitalist system read Smithy's book.