Cole Walmsley@Cole_Walmsley
This is central banking in a nutshell:
A group of rich guys go to the king and say: "Hey, you need money for your war. We'll give you all the money you want."
The king says: "Great, where's the money?"
They say: "We're going to make it up. We'll write numbers in a book and that's your money now."
The king says: "What do I owe you?"
They say: "You pay us back with interest."
The king says: "Where do I get that money?"
They say: "You tax your citizens."
The king says: "What if I can't pay it all back?"
They say: "That's fine. We'll lend you more. Same deal."
The king says: "And what do you do with the IOUs I gave you?"
They say: "We use them to prove we have money, so we can lend even more money to other people and charge them interest too."
The king says: "So you made up money, lent it to me, I tax my people to pay you back, and then you use my debt to make up even more money and lend it to everyone else?"
They say: "Yes."
The king says: "What did it cost you?"
They say: "Nothing."
That's literally how the Bank of England started in 1694. The Bank was formed to finance King William's war with France. The king gave the Bank a charter, granting it a monopoly on money.
The king could have as much money as he wanted. The bankers could always earn interest. Taxpayers covered the bill.
Now replace "king" with "United States Government" and you have the Federal Reserve in 1913. Same story, different country.
It doesn't end there.
185 central banks exist in the world today.
Across the globe, the governments get as much money as they want, the bankers load their pockets with interest, and the taxpayers pay for it all.
Oh, and if you don't pay your taxes, they'll fine you, penalize you, or throw you in jail.
The ONLY way out of this is to STOP USING THEIR MONEY.
As long as you're using the money that central banks control, the central banks will have control.
You have to stop giving them energy.
Use a different form of money that they can't control.
This is why Satoshi Nakamoto created Bitcoin.
