The end game( the banksters plan)!

[bill65]

"Whilst we can go to a bank and demand cash, the potential exists for loss of confidence leading to a run on a bank - and its probable bankruptcy. Remove this facility and the banks become financial fortresses impervious to the wishes or demands of their customers. Whilst I can keep my money under the mattress, the banks can't use it. So long as I can withdraw the balance of my account in pound notes, the banks are susceptible to any loss of confidence I may have in their system. But if cash were ever to be eliminated, there would be no way of withdrawing funds from the system - the most that one could do would be to shift it from one part of the system to another. But it would never leave the banking system..............

"........The casless society is as inevitable as it is dangerous. It concentrates all money and the power that goes with it, in the hands of the banks. It poses a huge threat to individual freedom......."

".........For many years now debt/income ratio in the western nations has been widening to the extent that debt is no longer sustainable by current income projections. Debt cannot continue to compound forever, at least, not faster than income. It is possible to spend 99p in every £ servicing debt - possible but unlikely - but it is totally impossible to spend 101p of every £ earned to service debt. In other words, debt has an upper limit. Governments have, for decades, been spending beyond their means. They have made extravagant promises to a greedy and ignorant electorate that have to be kept, regardless of whether they can be afforded, just to keep that government in power. All sorts of financial wizardry and book-cooking is employed to allow these promises to be met - including the age-old remedy of inflation. But even inflation can prove self-defeating to governments once financial markets become suspicious. Too much inflation causes interest rates to rocket, currency value to dive and leaves a government in no better state than formerly. Investors simply bail out of a currency threatening inflation and find other,safer havens, for their money. The government is left having to borrow at high interest rates with a devalued currency, if indeed it can borrow at all.

So, because debt has an upper limit, and because the only true, long-term solution is to repay debt, rather than using political expedients such as inflation, and because governments cannot or will not repay debt since an electorate would not allow the massive cuts in government spending that this would necessitate, financial collapse, or an implosion of the world financial system, is the only alternative.

Debt has been allowed to build up to unsustainable levels. Debt has, in fact, replaced investment. Investment is positive cash feeding profitable ventures - no-one knowingly invests in a loss-making project. Debt, or borrowing, is a replacement for investment. If a nation will not save, if investors will not invest, if a nation, a government, a company or individual, even, insist on spending more than they earn, then borrowing is the only option.

But borrowing is negative cash, all too often feeding non-profit-making ventures. Borrowing has to be serviced and eventually the principal must be repaid. Shares represent investment of surplus cash in a company, and the shareholder then has a stake in that company, he becomes a part owner. He is paid a dividend according to the profitability of the company. If the company gains in value, so will his shares. If he decides that a company is not performing satisfactorily, he will sell his shares.

Purchase of government issue bonds, on the other hand, does not give an investor a stake in that government. He is paid interest, not a dividend, and the profitability or profligacy of the government has no effect on his returns. The buyer of government bonds will simply asess risk versus rewards, i.e. interest rates versus the government's liklihood of devaluing the currency via inflation. Investment encourages growth through profitability whereas lending supports profligacy and unprofitable ventures that cannot attract investment. One has a positive economic effect whereas the other has a negative effect. Investment supports development and productivity. Lending for interest is more akin to gambling - there is no product, just a bet on the borrower's willingness and capacity to pay. In short, investment gives, or puts in and lending extracts, or takes out.

Banks have gradually shifted from being investors to lenders. And when lending eclipses investment it is a sure sign of instability. The British Empire and the stability it brought was founded on investment, on individuals' willingness to ship their surplus cash abroad to fund development. Latin America, with all its instability, has always had to rely largely on money borrowed from institutions.

Lending, incidentally, is more profitable since high risk lending can demand a high return. High risk investment cannot demand a higher return but will hope for one. Hence the shift towards lending. But there comes a time when even the high risk gambler will not lend to a government, not at any interest rate. Once he perceives that the risk is too great he will cease to buy that government's bonds. And a government that cannot borrow, these days is finished. Moreover it will find itself in a position where it is unable to meet its liabilities; pensions, guarantees and the myriad other promises that impecunious governments use to bribe their electorates so as to keep them in power. This, in turn, sparks a panic in financial markets. Millions of pounds in value are wiped off the stock market as investors panic and start selling shares and bonds. And eventually, even individual depositors with banks and building societies panic and withdraw their cash. A full scale financial collapse is in progress.

And once the process begins, the domino effect will almost certainly follow. Worldwide banking interdependency is an established fact with billions of dollars of uninsured overnight money whistling its electronic way around the financial world. The collapse of just one major money centre could bring down the whole card castle of debt-based financial institutions. In former times, gold backed the world's finances. Now, nothing more than hot air and wishful thinking are the foundatioons of the mountains of debt that comprise a bank's assets and on which the world's financial system is built. Collapse is inevitable.

But that is just what the NWO wants. Collapse of the financial system will impoverish nations and individuals alike, making them susceptible to whatever rescue package happens along and the strings that will inevitably come with it. Imagine the scenario. Millions of people have lost savings, bank deposits, share value, pensions - their entire wealth. Individual governments are bankrupt themselves and powerless to help. Citizens threaten civil disobeddience, anarchy breaks out all over the world. Societies are in turmoil. Food is short, services are non-existent - there's no money to pay wages - and it looks like the end of the world.

Not quite, though. Along comes Mr Charisma, Chairman of the Committee for Worldwide Co-operation. "I've got a good idea........"

And so it is agreed that the financial turmoil could have been avoided if people hadn't panicked and withdrawn their cash from the banks. Note: the cause of the financial collapse is blamed not on an overlaod of debt, brought about largely by government profligacy, but on Mr Average's panic and desperate attempt to protect his meagre savings. Therefore, the obvious answer, to prevent such a run on the banks from ever occurring again, is to eliminate cash altogether. What a good idea! Individuals will be sold the false analysis and the false solution and with one accord embrace the cashless society without even once considering the loss of individual freedom this will impose. Big Brother computer will be there to set up a worldwide network of individual accounts and a great Big Sugar Daddy will agree to underwrite a brabd new world financial system out of its own pocket, using its own gold reserves. How generous! And each individual registering for a World Bank Account will be given £1000 credit! (Or some other such bribe.) Mind you, all private ownership of gold will have to cease and all such gold will be purchased by the central authority then subjected to massive windfall profits taxation. Thereafter it will be illegal to own gold or even to trade in gold without special licences. But that's a small price to pay for saving the world!
The Money Masters - Part 1 of 2 Worth the time to watch.