Money As Debt – Fractional Banking 9-1
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Banks themselves are involved in a sort of Ponzi scheme, one that has been perpetuated for hundreds of years. What distinguishes the legal scheme known as “fractional reserve” lending from the illegal schemes of Bernie Madoff and his ilk is that the bankers’ scheme is protected by government charter and backstopped with government funds. At last count, the Federal Reserve and the U.S. Treasury had committed $8.5 trillion to bailing out the banks from their follies.1 By comparison, M2, the largest measure of the money supply now reported by the Federal Reserve, was just under $8 trillion in December 2008.2 The sheer size of the bailout efforts indicates that the banking scheme has reached its mathematical limits and needs to be superseded by something more sustainable.
Penetrating the Bankers’ Ponzi Scheme
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DOWNLOAD VIDEO MP3 VERSION(DOWNLOAD MP3 HERE) (Jim) Ammerman, Th.D., 26 years in Military, former Green Beret, CIA, Direct contact with H. Norman Schwarzkopf, Jr. and other leaders during Desert Storm, expert of government deception aimed at a new world order!
DOWNLOAD VIDEO MP3 VERSION(DOWNLOAD MP3 HERE) There is an object I call the ‘Red Dragon’ anomaly appearing in the constellation Virgo currently mirroring the vision or Biblical ‘sign’ of Revelation 12. Cosmologically, the sun travels the ecliptic and every September