Comments on: The Fraud Inherent in Fractional Reserve Banking https://americanconservativemovement.com/the-fraud-inherent-in-fractional-reserve-banking/ American exceptionalism isn't dead. It just needs to be embraced. Sat, 30 Mar 2024 16:04:37 +0000 hourly 1 https://wordpress.org/?v=6.6.2 By: StarGladiator https://americanconservativemovement.com/the-fraud-inherent-in-fractional-reserve-banking/#comment-34153 Sat, 30 Mar 2024 16:04:37 +0000 https://americanconservativemovement.com/?p=202290#comment-34153 The national debt can be easily explained by one simple example: when hedge fund “genius” (super crook) John Paulson got together with Goldman Sachs in the early 2000s and created trash CDOs pumped out by them, they then purchased “unregulated insurance” called CDSes, or Credit Default Swaps: spending $1.4 million per CDS, with payouts of $100 million for each CDS when those trash CDOs were officially designated as worthless, having “no valuation”!

Who ultimately paid for that? The American tax base! Thefts from the tax base! There’s a one–to–one correlation between the rise in American billionaires and the rise in the national debt ——— NO COINCIDENCE!

So when BILL GATES’ Gates Foundation makes a “donation” (actually tax–subsidized investment) to a corporation which has declared some process they are involved in as “charitable in nature” — his investment is subsidized, or paid for, by the American tax base –double profit at the expense of the national debt!

Why the Gates Foundation is in actuality the largest biopharmaceutical corporation in existence, although “officially” the #1 is Pfizer, the Gates Foundation is around 100 times Pfizer’s size!

The GATES FOUNDATION is PHARMA!

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By: StarGladiator https://americanconservativemovement.com/the-fraud-inherent-in-fractional-reserve-banking/#comment-34152 Sat, 30 Mar 2024 15:28:37 +0000 https://americanconservativemovement.com/?p=202290#comment-34152 Did the Rothschilds create it? Or the Medicis of Renaissance Italy?! The 1400s was the era the Italian monks were supposed to have created double–entry bookkeeping —— also the time the Dutch created the STICHTING (Dutch for “foundation”), the all–encompassing financial magic allowing for the 2018 “news” reported by NPR that a billionaire “donated $1 billion to charity” — his tax attorneys moved his $1 billion in assets, stocks and bonds on his personal financial statement, to a newly created foundation he controls, so they removed $1 billion he could be directly taxed for to a legal entity (stichting) he still controls — a tax dodge making his stocks invulnerable to any hostile takeover!

Double–entry bookkeeping plus the stichting —— a killer combination! (The congressional populist, Wright Patman, did most of the government studies into foundations & trusts, while Ferdinand Lundberg explained them in his classics, “The Rich and Super—Rich” and “The Rockefeller Syndrome”! Highly recommend all books by Dimitri Chorafas as well. A most remarkable financial guy and financial history scholar!)

Credit deratives are the ultra–extension of the fractional reserve system; while rendered seemingly hyper–complex, they are really quite simple: the layered fractionalization of the fractionalization of the fractionalization –ad infinitum – of the fractional reserve system, hence so many classes and categories of credit derivatives, quite the shell game of Deep Finance! (So instead of $8 loaned for every $1 on deposit — the classic example of the fractional reserve system — that $1 on deposit yields $1 million or $100 million with excessive credit derivatives –– but since such isn’t on hand, government [central banks and central bankers] must remonetize with neverending BAILOUTS! So to speak!?)

(Cap–and–trade, carbon permits, etc. are a small subset of the extension of the fractional reserve system, yet another financial scam!)

https : //rumble [dot] com/v4kr9i6-g.-edward-griffin-one-world-government-exposed-what-now [dot] html

https : //www [dot] jonesday [dot] com/-/media/files/publications/2016/02/shedding-light-on-the-dutch-istichtingi-the-origin/files/shedding-light-on-the-dutch-stichtingpdf/fileattachment/shedding-light-on-the-dutch-stichting.pdf

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