Nemesis Writes About the Banksters

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Nemesis

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Did you know that the paper dollar bills in your purse and wallet are utterly insignificant in the overall scope of our money system? The total paper dollars in existence constitute only 4% of our aggregate money supply. And the other 96% of our dollars-- where do they come from? And who owns these dollars? These are two of the most important questions in the world; yet they are never asked, let alone answered.

So here are the answers, in case you were wondering. Our banks-- our fractional reserve commercial banks-- create 96% of our money supply in the form of loans. They create the money out of thin air. By computer entry. It's a magic trick-- and the greatest scam of all time. Our banks create money for themselves. They own the money they create. They loan this illusory money to the rest of us in the form of debt, and we pay interest on it. We pay interest to the banksters on bank computer entries that have nothing of value standing behind them. Money created from nothing-- quite a crooked business-- and that's fractional reserve banking. But it gets even worse when you look deeper. Our Federal Reserve, you will discover, is an essential part of the scam. Those criminals at the Federal Reserve are the cronies of the banksters, and they bail the banksters out (at taxpayer expense) when their runaway debt creation schemes collapse. Check it out-- you'll see that what I say is true.