Prospectus for the Bank of New Zealand declares a 1.1% profit against assets. Doesn't sound like much, does it? Not until you figure in that BNZ capital is only about .1 of its asset base. In other words, the true profit for the bank(s) is over 10%; and the bank does not create a single portion of new wealth. And this is after a whole lot of people have been paid good salaries for supplying banking "services". This looks more like hiway robbery to me. An interest rate of 10% may seem like a reasonable return to most folks. Until one begins to realize that the true cost of money in a balanced and healthy system is only around 1%. And the only reason interest rates are so high across the board is because the banks set it up just that way. And how do the banks achieve such a high return on "their" money with no wealth creation at all? It's really quite simple. Under the present banking systems, the banks are allowed to create money out of thin air, using our assets as security. The money supply grows at more than 7.5% per year (even faster in New Zealand), and all of this new money is issued by the banks as interest-bearing debt. And how is it that the banks have such an important and powerful monopoly? When government borrows and taxes from the people, a huge liquidity crisis is created in the private sector. We are forced to turn to the banks to replace the money "stolen" from us. And so, the entire world money market is driven by this liquidity shortage; driven right into the greedy fingers of the banking oligarchy! Through a device known as "Fractional Reserve Banking", the banks are allowed to multiply their deposits with ledger-entry cash secured by our assets. So the banks willingly pay high interest on deposits knowing that each deposit allows them to create more new money; money that forms the basis for the huge banking profits. And the bank rates for deposits then affect every other area of commerce and industry. Why take less than "bank interest" for your capital? We are paying through the nose because these same bankers' money controls the media, the education system, pharmaceuticals, multinationals, and nearly every level of government. And because these same bankers have no regard for anything but more money and more power, every little excuse for conflict, war, death, and destruction is seized upon with glee. 9-11 was not really about Islam, oil, Osama Bin Laden, or exporting Democracy to the middle east. It was all about money. The banking oligarchy has made trillions from 9-11, and their patsies down the line have done well, too. The multinational arms manufacturers have profited hugely. Government insiders have made millions. Shareholders and investors have profited with high interest returns. In fact a whole lot of people have profited with job security or service opportunities. This is what makes the banking scam so insidious. So many people are so blinded by the prospect of high interest or profit at some level that they don't see the bodies. They don't see the bodies of Arabs, Jews, or Christians caught up in the chaos. And they don't see the bodies of their own children until it is too late. |
