Use World Currency to Renounce the Debt!

Henry Makow

In upcoming years, cities, states & nations will have one overwhelming choice:

1. Renounce all debt created by bankers out of nothing, or due to compound interest. This is probably 50-80% of all government

The Sharks that control the financial and monetary system do it by means of Fractional Reserve Banking. Click on the image and see the chart in detail.

debt.

2. Or accept the unbearable burden and be willing accomplices in our enslavement and destruction.

The central banking cartel wants a one-world currency. We keep seeing reminders. For example, today we read, “The dollar is an unreliable international currency and should be replaced by a more stable system, the United Nations Department of Economic and Social Affairs said in a report released Tuesday.”

What if that new currency was not based on central banking cartel (i.e. IMF) debt? What if most of the old debt was abolished?

THE BIG PICTURE

The human experiment is in danger of failure because our ancestors were too weak, feckless or corrupt to get money creation right.

Money has no inherent value. It is a medium of exchange like sea shells or beads. It is simply a convenient method for billions of people to exchange millions of disparate products and services.

Nobody can own a medium of exchange. It must be public.

But a network of private Illuminati families do own it. They produce the medium of exchange in the form of a debt to them. And they charge compound interest on this “debt” created out of thin air. We are being strangled by these debts.

They know this lucrative fraud is unsustainable unless they enslave mankind, mentally and spiritually, if not physically.

These Illuminati banking families have used their position to control all major corporations and governments. Do you know that it takes only 3-4% of shares to control most widely-held corporations? These corporations in turn buy the executives and politicians, pundits and professors that run the world for the bankers.

Everybody in a position of power and influence today is indirectly employed by these dynastic banking families. Their primary role, whether they understand it or not, is to protect the fraudulent credit system. They are traitors and collaborators, and as long as we support them, we are all complicit in our own destruction.

Our perception of reality is controlled by these bankers through ownership of the mass media. We see through “spectacles they arrange on our noses.”

ONE LIE IS THE BASIS OF THEM ALL

Mankind is living a lie because our currency is based on a fraud. Our history is really the story of how these bankers have set countries against each other in pointless wars in order to kill our best men and destroy and demoralize humanity. These wars are endemic because they create enormous profits and debts which are used to enslave us.

Illuminati bankers are financing the “insurgents” in Afghanistan, Pakistan and Iraq. When will we understand that they have been waging a war on humanity for centuries?

We are being gender neutered in the same way horses are gelded, to be obedient to their owners.

We are being morally degraded, dumbed down and distracted to paralyze us. Many believe we are being poisoned by chem trails, fluoride or by drugs and foods. Certainly our minds and spirits are poisoned by the mass media.

They have unleashed a pernicious satanic conspiracy on humanity in the form of Communism in its many manifestations. Barack Obama and Elena Kagan are Communists. The Illuminati bankers are responsible for assassinating JFK, for 9-11 and probably for the Gulf of Mexico disaster. They are responsible for most of mankind’s woes.

To get back on course, we need to nationalize credit and money creation. We need to nationalize banks.

Who should own the medium of exchange, a private cartel or democratic governments?

If the bankers want a new currency,  give it to them, as long as it is debt and interest-free and administered by a body that represents the best interests of humanity.

Then mankind can regain its path, and begin to fulfill its amazing promise.

Europe Bailout Designed To Destroy Global Economy

Infowars.net

A secret exit clause written into the trillion dollar European bailout agreement will ensure the creation of more debt in Europe, worsening the global economy, decimating nation states and allowing power to be consolidated into fewer super-elite hands.

As the Financial Times reports today, the major German newspaper Bild says it has obtained a copy of the bailout agreement and has set about “exposing” a series of secret clauses.

The most revealing of these clauses states that if any country finds it cannot raise funding for the bailout at interest rates below the 5pc charge agreed for Greece, it can opt out of the bail-out altogether, leaving the rest of the eurozone states to pay the difference.

If this happened, a domino effect could ensue, as the London Telegraph’s Ambrose Evans Pritchard explains:

BNP Paribas said this would escalate quickly into a systemic crisis if Spain were in such a position, because the other countries cannot carry an ever-rising burden. The bank warned the euro project itself may start to disintegrate rapidly if these rescue provisions are ever seriously put to the test.

As financial analyst Tyler Durden of Zero Hedge explains, this means bad news for American taxpayers because the U.S. is essentially being used as the engine for global consolidation:

The second Portugal, Spain and Italy are dragged under by the vigilantes, their participation in the $1 trillion bailout ends. And when that happens, the full cost of the bailout will be borne by none other than the “richest” member of the IMF, the United States.

Obviously, the incentive to blow up one’s borrowing costs in this arrangement are huge, now that both Germany and the US have no choice but to bail out each and every dropping domino.

The secret clause essentially creates a huge incentive for weaker eurozone countries to blow up their debts – the agreement creates massive moral hazard.

Tyler Durden again:

…the benefit to the first defector is far greater than any downside, with the last to defect left holding the bag on what would basically become a bail out of all of Europe. Many have wondered how arguably intelligent people could come up with a rescue package of Greece in which Greece itself is supposed to contribute to its own bailout. Now we know that this was the ploy all along.

As we have continued to expose, at the heart of the ongoing centralization of national economies is a further viral spread of economic chaos through which the most powerful can consolidate their control over the globe.

The super-elite are essentially siphoning the wealth of every sovereign nation they can lay their hands on, holding the people of those nations to ransom via their elected governments, while slowly draining and using up everything they have.

Exposure and understanding of this agenda and what it means for the masses is key because at the moment the people continue to allow their governments to operate in this system under an illusion that they are working toward some kind of utopian harmonization, when the reality is quite the opposite.

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