Watch A Rare Moment Of Truth As MEP Explains Why The Whole Banking System Is A ScamBy Amanda Froelich You may not be interested in politics and finance, but let us assure you: it matters. Perhaps what matters more than conventional rhetoric on how the system runs, however, is the truth explained above and summarized below. The video above is from a European Parliament meeting in 2013, in which a courageous MEP explained to the whole room why everything they know about the whole banking system is a scam. You dont need us to tell you that this guy deserves a round of applause for his honesty. Such is rare in politics. In addition, the importance of what he shared cannot be overstated. Whether youre aware of it or not, money is an arbitrary invention to profit from debt. Banks and governments encourage individuals and countries to be in debt because the greater the debt, the more money they pocket. However, they dont make money from the interest, but from something called the Fractional Reserve Banking system. This scam creates money out of thin air and brings in a profit of hundreds or even thousands of percent on all debts. This undeclared money makes a few people very rich. The Real Secret explains that once you or a country enters into debt, you are a slave to be exploited and raped by the system. This is why millions are spent tricking individuals and countries to spend more regardless of the consequences. Sometimes it seems easier to feign ignorance and continue buying your $7 mocha lattes on credit, drive a car you dont really own, and pay for school youre not sure will ever result in a job But its not. Whats more difficult than waking up is living blind, as a slave. It is important to realize that every choice you makes affects the whole of humanity. In this moment, you have a choice to make; the repercussions will not only affect you but future generations. Think about it. Please share this news and comment your thoughts below! This article ([Watch] Rare Moment Of Truth In Which MEP Explains Why The Whole Banking System Is A Scam) is free and open source. You have permission to republish this article under a Creative Commons license with attribution to the author and Trueselfnews.com Unfortunately his speech seemed to piss off almost everyone else in the room. There were only about 10 of some 200 MEPs in the room. And he made them very uncomfortable to say the least. Thanks for pointing that out. Not too many politicians anywhere willing to say those things, much less at a forum like that regardless of attendance. The Creature from Jekyl Island And to think they were arresting (and will still arrest) people for pyramid parties. Amazing speech! You would never hear such a thing in US congress. theyd all turn to stone in the light hahahaha! Or salt. Just imagine you were blessed with a permit to be a bank. You accept a deposit of say $1000 dollars from some patsy, you now have to pay say 5% on this deposit but you are permitted to loan out $10,000 on the basis of that deposit (fractional reserve banking) and charge up to 20% interest on those loans. So the balance sheet is: You pay $50 in interest on that deposit and rake in $2,000 in interest on your loans A very profitable scam Mr. Rothschild invented Rothschild did not invent that. The old word(s) was usury or filthy lucre. Usury is the original concept (that was banned by every major system of civilization except the Judaic and even by them among their own people) but I was referring to the even worse system known as fractional reserve banking which was simply a crime (fraud) before it was codified into standard practice by the Rothschilds. It is quite separate from simple usury and magnifies it by a factor of ten or even more. good point. Speaking the truth is not as important as acting upon it. The truth, acting on it, if of paramount importance. But it must be spoken before it can be acted upon, especially when the establishment silence on this matter has been so staggering. Is he still alive? Or behind bars for something he didnt do? The entire zentral system is and has been a scam. No Usury (anti biblical) and No taxes (anti U.S. constitution). For a refined spirit cannot appear except in a body suitable to its nature. And, by however many names it be called, let no one imagine there be different spirits, for, say what one will, there is but one spirit working everywhere and in all things. That is the spirit which, when rising, illumines the Heavens, when setting incorporates the purity of Earth, and when brooding has embraced the Waters. Wow! Excellent! Enoch 10:46 And again the Lord said to Raphael: Bind Azazel hand and foot, and cast him into the darkness: and make an opening in the desert, which is in Dudael, and cast him therein. And place upon him rough and jagged rocks, and cover him with darkness, and let him abide there for ever, and cover his face that he may not see light. And on the day of the great judgment he shall be cast into the fire. Business as usual nothing will change Bitcoin to the rescue? Hardy har har har! Read or find on YouTube, the creature from Jekyll island You borrow 100,000 on a mortgage deal. The bank, by legal agreement with the corrupt government, is able to print 90% of what it lends you from thin air. You might think your mortgage deal is pretty good, with inflation and all, and the fact that over 25 years, you only have to pay back 300,000, three times what you borrowed, but in reality, you only ever borrowed 10,000 already existing real money (and think where even that came from), so when you pay back 300,000 of money created by real hard work, you are paying back a staggering 30 times what you really borrowed. This might seem impossible, as you have your house, so who cares about the 30 times idea, but really, the house vendor is being scammed, and whatever he buys with that freshly printed Monopoly money is defrauding everyone he buys from, with that scam nationwide creating massive inflation, the inflation you think justifies the 3 times repayment that you think you are paying back. Though the experts in the Financial Times columns, the finance ministers and financial experts on television and so on will never state the truth, that is where inflation is really coming from, fractional reserve banking scams, and quantitative easing, and any number of other scams they use to make people work for virtually nothing. I wonder how long this MEP guy will survive in politics? But you are not poor, so this cant be true, or can it? Only when you understand how people in Third World countries receive 1% or less for the commodities then resold in the West at vastly inflated prices, can you see who really bears the brunt of this enforced enslavement. The answer of course is a non-usurious economy, with interest-free loans from genuine state reserves given under the same principle as library books being lent from any local authority public library, with the costs of the wages of the librarians or banking staff, being supplied from public funds, at no charge to the borrowing public, which is entirely practical, and can be done minus the usual complex chicanery of the current banking and economic system. That is spiritual and is humanitarian. The current IMF which has lent out 550 billion dollars or so to thirty countries over the last 30 years, cripples the economies of those poor countries so precisely that they can only ever pay back just the interest on the loan and no more than that each year, which amounts to roughly the equivalent of that 550 billion dollars each year, with the initial 550 billion or so remaining unrepaid, so 100% interest can be taken from that again next year, and the next, and the next, forever. Such obscene slavery must be ended, the IMF must drop the debt. it must be made to by the people themselves, because at present, we dont seem to tell our governments what we need them to do, they seem to tell us what they want us to do for them, and they use their power to abuse the peoples of the world, which is utterly criminal. WOW!!! They didnt want to hear that did they? Did you see their faces? 