Banking is Institutionalized Murder
July 3, 2014
Ultimately, the New World Order is an extension of Usury.
Humanity must be enslaved to ensure we repay imaginary loans
(i.e. credit, currency.)
Martin Luther, quoted in Das Kapital
"The heathen were able, by the light of reason, to conclude that a usurer is a double-dyed thief and murderer. We Christians, however, hold them in such honour, that we fairly worship them for the sake of their money...
Whoever eats up, robs and steals the nourishment of another, that man commits as great a murder (so far as in him lies) as he who starves a man or utterly undoes him. Such does a usurer, and sits the while safe on his stool, when he ought rather to be hanging on the gallows."
by Anthony Migchels
This is exactly how it is! It is not one word too much!
USURY IS PURE MURDER!
It has nothing to do with 'oh, it's so honest, so reasonable, that 5% per year'.
Look at how whole nations are gutted to pay off some filthy rich trillionaires.
Billions of people live in desperate destitution because of Usury, dying prematurely, completely unnecessary. People commit suicide, haunted to the grave by creditors. It tears families apart in financial stress. By the millions. Throughout the West. The World. It is purely genocidal, there really is no way to get around it.
And we have built our entire economy on this horrid plunder. On this monstrous sin!
When will we see the simple truth as the ancients always did?
Banking is simply institutionalized Usury.
Capitalism is simply Banking.
The two rose to prominence together in Amsterdam, London and New York.
The whole Capitalist monopoly has been bought with the proceeds of compound interest lending. They are emasculating the West with interest on the debt. The Banks openly try to endebt us to the point where all our income is sucked up by debt service! Years of deflation have made our debts weigh even heavier in real terms.
Look how the tumors of 'the financial sector' are metastasizing, with their 'bonusses', 'derivatives', LIBOR manipulation, asset bubbles, defaults, bribing politicians, evictions and repossessions, Gold manipulation, media power, globalism, bail outs, bail ins, fomenting of wars. It is all an outgrowth of the cancer of Usury.
We are already thoroughly enslaved through Usury, it's not a doom scenario, it is the way we live!
In the aftermath of Usury prohibition in the medieval era, around the time of Luther, the main argument for allowing Usury was that without it people wouldn't lend. And lending was necessary for the economy, the rationale went. There was a perceived scarcity of credit.
But today we can provide all the interest-free credit we will ever need at zero cost. In several ways!
The 'time value' rationale that Jesuits in Salamanca cooked up in the 16th century has been totally discredited and is irrelevant in a decent monetary system.
Notwithstanding credit and money scarcity, the medieval man worked only 15 weeks to feed his entire family in the Usury-free economy. Bones found in England show that people there only achieved the same height as the late medieval Briton in the sixties of last century.
Compare that to the sweatshops of the 19th century, the heyday of Capitalist domination over Labor.
Imagine what our life would look like without Usury, and with plenty of dirt cheap credit plus today's technology!
Even the Jewish Question is ultimately just another front for the Usurer!
It's the Trillionaires and their banks and their World Government/Currency that we need to shut down and replace with interest-free monetary systems. Most Jewish people are just their bitches, easily sacrificed, just as we are. Without their Usury, 'the Jews' no longer are very formidable.
Usury is behind, or at the very least severely worsens, every problem on the globe. It is THE defining problem of the 99%. It is the issue of issues.
INTEREST-FREE MONEY NOW!!
First Comment by Rich:
I can't wrap my head around Migchels interest-free lending. So when we get rid of the bankers, who hands out the interest-free loans? The government? I hope not, since they pretty much suck at everything. Perhaps private citizens banding together with many loaning small amounts? How do you convince the average Joe that risking his money for the greater good at 0% interest rate is the way to go. What pays the rent on the building and the salaries of the people who work at this interest-free bank, if the place makes no money? Will they take donations? sell lollipops at the front door? Debt-free money absent a central bank sounds do-able, but if there is no interest being collected on loans, is there collateral held? If the bank doesn't have the slightest bit of power, why would anyone pay them back? It sounds very utopian, therefore impossible, to me. Don't get me wrong, I think banking is raping people as it stands. Paying $300,000 for a $100,000 house is slavery, but Migchels articles never seem to sell me his point.
Anthony Migchels Replies:
Yes. The point is and remains that all credit is created as bookkeeping by the banks. The banks do not really need reserves, that is just part of the illusion. All is created by double entry bookkeeping.
The point is not so much who does the 'lending' (bookkeeping), as long as he does it correctly: interest-free, sufficiently, inflation/deflation free and sharing the available credit in a reasonable way over the populace, who rightfully own the credit.
Semi private/semi public not-for-profit agencies with a clear cut charter supervised by a national monetary authority independent of Government could do this properly.
Here is an article on what an interest-free credit based monetary system could look like.
This discusses in clear cut fashion the main alternatives:
We don't need savings for 'lending' by bookkeeping, that's the main thing.