THERE IS NO REAL ECONOMIC REASON FOR ANYTHING IN THE WORLD . . . THERE IS NO REAL ECONOMIC REASON WHY WE CANNOT IMMEDIATELY FEED, CLOTHE, HOUSE, EDUCATE AND EMPLOY EVERY PERSON IN THE WORLD, AND BE 100% ECO-FRIENDLY AT THE SAME TIME.
Imagine a banker (Rothschild!), who has a piece of gold; he opens a bank, and the first customer comes to the bank, who wants to borrow some money to build (for instance) a local factory.
The banker says “Sure, you can borrow the piece of gold, but it is very heavy to carry around, and more important, someone could easily steal it from you . . . what we can do is, I will write you a note (the first “promisory note”) saying that you now own the gold, and I will charge you (say) 105 per annum to borrow the piece of gold”
The banker is sitting in his bank, when a second customer enters the bank, who also wants to borrow some money to open another factory.
The banker is DOUBLING HIS WEALTH EVERY YEAR.
If he starts with one piece, and after 10 years he has 100 pieces, then starting with that 1000, after another 10 years, he will have 1000 times 1000 = 1 000 000 (ONE MILLION) pieces of gold.
After ANOTHER TEN YEARS (FORTY YEARS OF BANKING) HE WILL HAVE 1000 TIMES 1 000 000 000 PIECES OF GOLD = 1 000 000 000 000 ( A BILLION) PIECES OF GOLD.
THIS IS AFTER ONLY FORTY YEARS
THE BANKS HAVE BEEN DOUBLING THEIR MONEY (give or take a few % per year) in this way for the last 200 years.
the situation we now face is that LESS than 2% of the money in the world is GOLD; between 3-5% is paper and coins; and the remainiing 93% is made of nothing more substantial than FRAUDULENTLY CREATED VIRTUAL MONEY which is represented by millivolts of electricity in a computer in a bank somewhere.
93% of the money in the world is FRAUDULENTLY CREATED virtual money, OF NO REAL CONSEQUENCE WHATSOEVER !