Elected Governments do not supply money. Private Central Banks do, for profit!

Many people criticise the fact that governments pay interest for the use of their own money which the central bank creates "out of nothing" (to use William Paterson's famous phrase). This leaves the state of a nation's economy susceptible to the interests of private bankers who create the money solely for the purpose of creating ongoing profits for their employees and shareholders, without any other binding social or legal obligations to the broader community (or future generations) that are normally expected from government entities. Either private individuals or corporations borrow to fund themselves and their businesses, or government "borrows" money from the central bank to fund deficit spending.

This is how Central Banks work

One of the most powerful weapons in private central bank`s arsenal is the short term interest rate setting. The short-term interest rate is the overnight interbank lending rate. Lowering the short-term interest rate in effect lowers the cost of credit, thus stimulating people and businesses to borrow in hope to expand the economy, they effectively pull you in to the debt scheme.

Increasing interest rates, makes borrowing more expensive, and is used to start benefiting from the expanding economy they created with cheap money. It is not done to cool overheating economies and/or control inflation as they want you to believe. They effectively are increasing the price of (our own) money to start benefitting at a compounded rate from the economic activity they created with money created out of nothing and backed by your tax payments.

Fractional Reserve Banking

Fractional-reserve banking describes the current system in which banks lend money while at the same time guaranteeing that depositors (whose money it is lending) will be able to make withdrawals on demand. A fraction of deposits is retained at the bank as reserves to cover normal withdrawals made by depositors. Because the bank extends a loan with money from depositors, while at the same time guaranteeing the deposits already held by the bank, this system has the effect of increasing the economy's money supply. When a bank makes a new loan, the funds will - generally speaking - be deposited in a bank again, where the same funds will be lent out again, increasing the money supply again.

The same impact on developing nations as it has on us

Some monetary reformers criticise existing global financial institutions like the World Bank and International Monetary Fund and their policies regarding money supply, banks and debt in developing nations, in that they appear to these writers to be "forcing" a regime of extortionate or un-payable debt on weak Third World governments that do not have the capacity to pay the interest on these loans without severely affecting the well-being or even the viability of the local population. The attempt by weak Third World governments to service un-repayable debt with the sale of valuable hard and soft commodities on world markets is seen by some to be destructive of local cultures, destroying local communities and their environment.

Do you see the similarities!!

What can you do to help?

Please forward this information to as many people as possible and ask them to do the same. For more information and clear insight go to one of the following websites depending on your geographical location.

Please join in our efforts to End the Central Banks. It is TIME!

END THE BANK OF ENGLAND (BoE)	END THE EUROPEAN CENTRAL BANK(S) (ECB)	END THE U.S. PRIVATE FEDERAL RESERVE (FED)

We, the people of the world denounce your claim of ownership of the world for it is through fraud, deception and usury that you have made yourself the rulers of humankind. You have committed every evil in your goal for world hegemony and have become drunk with the blood of the innocents. No longer shall we sit idle by allowing your agenda to stay hidden behind the veil. We shall unite with a common purpose and with a common goal to spread the knowledge of your tyranny across the globe and to demand justice until the world is free from the slavery and perdition you have created on this earth.