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All through the current economic crisis, there are still those that think that given time things will get better, and we will be back on the road to prosperity. We've been through this before and we'll go through it again. In one sense they are right, we have had inflationary and recessionary cycles before and got through them, but this time is
very different because we are near the end of the game. In order to understand why the economy simply won't improve we need to understand how our money and banking system works. Unfortunately, most people don't have a clue about this and this is why they just hope that everything will work out. But if they understood how our money system works they would see that this is impossible. Our money system was designed to make billions for the bankers and not for the people or the country. It can never produce prosperity for the masses, just prosperity for the bankers. In the end, the bankers will end up with all the assets and the people will owe all the debt. What we have been living in for several years now is a false prosperity, an illusion, a magic show, nothing more. Many people have a lot of stuff, but they don't own any of it. They just pay the bank so much a month to use it. I can sum up the end game in one sentence.

The transfer of assets from the 99% to the 1% is almost complete which will place the 1% in complete authority over the 99% who will be so poor and so indebted to them that they will spend most of their time scrounging around for enough food to live another day.

I'll show you how this works. There are only 3 countries left that don't have a central bank. Cuba, North Korea, and Iran. All the rest have a Rothschild cartel central bank which governs the monetary affairs of the country. Let's take the USA as an example. The Federal Reserve is a private bank and not a government entity. In 1913 Woodrow Wilson signed into law the Federal Reserve act and the Income tax act on Christmas eve when many politicians were gone for the holidays. He later regretted what he had done, but he bowed to pressure like many others have, and by doing so gave the Federal Reserve complete control over the money of the United States of America. Since then, whenever the government needed money, they would borrow it by selling bonds or treasuries. The Federal Reserve would buy some of this debt. And where would the Fed get the money from? They would simply print it out of thin air. The US government pays the Fed interest on the bonds which means that they pay interest to use their own money.

The government seldom pays off their debts, they just roll them over into new loans and borrow more money to cover the interest and the money they need to operate.

This is why the national debt continues to grow and the interest continues to make huge profits for the private Federal Reserve banks through their fractional reserve banking system.

But there is another reason as well. When the Federal Reserve creates the money to lend the government by buying bonds they never create the interest that needs to be paid on that loan. So the interest adds to the deficit but there is no money to pay it with because the interest money never existed, so in the end, there are huge debts to pay, but no money to pay them with.

I will give you an example of how this works. A banker takes a vacation to a remote south pacific island. When he gets there he notices that they

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ORIGINAL: mnottertail

Well, first of all you would have to be alive, you would have to be a world player, you would have to have influence, and you would have to control it.

None of these things are true. 

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as I pointed out it is NOT a rothschild cartel bank.

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ORIGINAL: Real0ne

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ORIGINAL: mnottertail

Well, first of all you would have to be alive, you would have to be a world player, you would have to have influence, and you would have to control it.

None of these things are true. 

that is a fantasy world man, sheesh.

corporations and trusts and indentures/covenants never fucking die.

The person holding those offices might die but the offices never fucking die and they continue forever.

you really need to get a grip on some semblance of reality.

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ORIGINAL: Real0ne
look at the above video and lets discuss what you think is not correct.

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ORIGINAL: Real0ne
Why didnt they teach this in school? I cant imagine!

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ORIGINAL: mnottertail

Well, first of all it has Ron Paul in it.  Second of all I am not going to watch some horseshit for a half an hour on youtube.   I watched about 30 seconds in different spots all totalled and that which I saw was not incorrect.    Doesnt mean it is correct overall.

Yes, the congress taps the fed for bond issues.  Yes, the Fed prints the money.  Yes, Andrew Jackson presided over the dissolution of a national bank.

Thats all I saw and will find correct.   So, what nefarious conspiracy is afoot?

Credible citations by experts please, not tinfoilers, not asswipers.

Cuz you got nothing with your Rothchilds cartel hallucinations.

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ORIGINAL: mnottertail

Yeah, it is not uncommon for tinfoilers to run along lines of simple fact at you and then throw in some asswipe here and there, and expect that you should buy those assumptions and then by the deal. 

I figured that is why it is on youtube and not a credible citeable site.