What do the (lack of) women's rights and other equal rights (e.g. LGBT) and the way money comes into the world have in common?
90%
of money is created by banks out of thin air
90%
of which is used for speculation
90%
of the population does not know these facts...
The financial system and the banks are able to generate huge incomes for themselves. This is primarily distributed among older white gentlemen. They try to maintain the status quo in society wherever possible. There is de facto patriarchy, women are prevented from advancing, as are many other “marginalised groups”, such as LGBT, etc.
Here is an explanation of the background
In 2012 in Frankfurt, a survey of a thousand citizens asked the question: “Who makes and distributes money? The vast majority of respondents thought that either the central bank or the government put the money into circulation and decided who got it. But what do women’s rights, equality and domestic work have to do with the financial system?
This is the reality
Banks create new money when they make loans. Before the loan, this money did not exist. 97% of the money in today’s economy exists as bank deposits, while only 3% is physical cash. The money that banks create is not the paper money that bears the logo of the European Central Bank. It is the electronic deposit money that lights up on the screen when you check your balance at an ATM. Currently, this money accounts for over 97% of all money in the economy. Only 3% of the money is still in this old-fashioned form of cash that you can touch.
This is confirmed by the Central Bank of: Great Britain, Germany and many other European central banks!
Do you think it is right for the commercial banks to do this? Because there is no law that authorises them to do so!
What is one of the negative side effects for the environment of this illicit activity? The failure of a bank is not due to new circumstances, but, like every banking crisis, has the same cause over and over again! Banks lend far more than they have deposits. These loans, in turn, go most often for non-productive and also very profitable purposes, such as oil pipelines, chemical factories for pesticides, technologies for genetically modified plants or simply speculation with food. As soon as one of the deals goes wrong, it becomes public sooner or later. Customers start withdrawing their (real) money. Liquidity deteriorates. The crash accelerates as more and more people find out about it. The bank run is inevitable….
The banks do not only generate new money by:
- Loans but also through
- Payouts of wages and bonuses,
- Purchase of real estate and
- Other assets
These immense riches literally make you the Masters of Universe. The bankers can control and manipulate everyone. Is this happening for the benefit of women and the socially disadvantaged? Certainly not!
In our view, this is the ultimate driver of the problem.
The question is, what will collapse first, society, the earth or the financial system?
Watch this film
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Image: jerichow
