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Renting a
Fairytale:
The banking industry is unique among
businesses because it's the only industry that can
lend/sell you a non-existent product and charge you rent (interest) on the
use of its product. Rental business owners can't get customers
to pay rent for the use on non-existent cars, or for the use of
non-existent tuxedos or non-existent bicycles? How many
people are going to go to a restaurant and pay for a non-existent dinner or pay rent for the use of a
non-existent house or a non-existent apartment?
And
at the same time, right now, you and I and everybody else who owes money to a bank or to credit
card company is paying his/her hard-earned money (transferring some of
his/her goods and services) to the super-wealthy money lenders for the
use of their make-believe Fiat Money.
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Fiat
Money
Most of you will recall the
childhood game called
"Monopoly." Are you
remembering that in the game, they had little
pieces of paper with numbers on them the represented
money? We're sure you also
remember that those pieces of paper had value only
because everybody playing the game, played as if
those little pieces of paper were actually
valuable.
Well, the money in you
wallet is the same thing in a large,
real-life, financial game designed many years
ago by the Federal Reserve. It's called
"
Fiat" money. Fiat money is a gloried form of "Monopoly"
money. The fiat money system has been
applied to the economy for so long that most people
have no idea what real money is or what fiat money
is, and how it's used to secretly steal the value
out of the money you earn by your blood, sweat, and
tears. (See the postage stamp example
below on this page.)
Fiat money is make-believe
money. It's nothing more than
bookkeeping ledger entries or paper money which the
Federal Reserve creates on their printing presses
with absolutely no supervision. The real value
in this money is zero, zip, nada,
nothing. It steals its value from the
money already in the economy -- from the money in
your wallet, in your bank accounts, and in
your retirement investments.
The finance industry charges its customers hard-earned,
interest money (money created with blood,
sweat and tears) for the use of
this
non-existent, make-believe money that
they (the bankers) simply plucked from the air
or printed on the Federal Reserve's counterfeit-money
printing presses. With this
make-believe money, the bankers control,
dominate, and milk the people for real
money.
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Here's How the Fiat Money System Works:
The
super-wealthy have set up a banking and financial
system that replaces real money with fairytale,
make-believe money called
Fiat Money.
It's money not because it has intrinsic value. It
has value by declaration only. Real money is a form of
goods and services. Fiat money is a counterfeit receipt for
goods and services. The super-wealthy, by way of their agents,
the twelve privately-owned banks that make up the Federal Reserve, have simply declared that they ( and
they alone) have the right to print counterfeit money.
The print receipts for non-existent goods and services, and pretend that
their receipts have real value. The
money in your wallet and in your bank account is
"fiat" (make-believe) (fraudulent) money.
Every
time they add more fiat money to the financial system, (such as giving
billions of these make-believe dollars to the bankers) that new, fiat money steals
its value from the money already in the monetary system. That's why
you pay higher prices for
gasoline, food, rent, medicine, and everything else
people buy. The dollars become
less-valuable, therefore it takes more of them to
pay for your goods and services. Here's a simple example: In
1913, the year that the Federal Reserve took
control of the American monetary system, a postage
stamp cost one cent (one penny).
Today, 2009, the cost is forty-five cents
(45¢). Did you ever wonder why? Well, now you
know.
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You Are Being Milked for Money:
You and I, small business
owners, and the general
public borrow the banker's money. We work diligently to produce goods and
services and then we give/pay some of our real goods and services to the lenders
(fees and interest charges) as payment for the use of their non-existent,
make-believe, fairytale, fiat money.
Then while we struggle to survive, the super-wealthy
spend their make-believe money on real goods
and service and live extravagant lifestyles
using this stolen wealth.
This technique for milking the public for money has been
going on for so many years (since 1913) that it's considered normal and almost nobody
questions the validity of the system.
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For
the Full Story:
http://www.Money-God-Money.info/money-defined.html#FiatMoney
http://www.EconomicSanity101.com/small-business-funding.html#WhatIsMoney
²
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Also
see: The Federal Reserve: --
Theft disguised as service.
http://www.Money-God-Money.info/federal-reserve.html#55
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