If I print money, I go to jail, I do not pass go and I don’t collect $200.

If a bank prints money, they are richly rewarded, protected by governments and shackle billions of people to a lifetime of debt and slavery.

Although very few people will believe it – banks now make money from thin air!

The first step in the greatest illusion of all time was to break the connection between currency and its tangible backing.

Until 1967, coins had an intrinsic silver value and bills had an implied value in gold. A Canadian silver dollar contained six tenths of an ounce of silver, a quarter contained a quarter of this amount (15 hundredths of an ounce) and a dime a tenth (6 hundredths of an ounce). Canadian paper money, meanwhile, could be valued in terms of gold, as under the terms of the Bretton Woods agreement the price of gold was fixed at $35 US dollars an ounce.

In 1971 the United States Treasury removed the gold standard for currency allocation. This removed the connection between currency and precious metals (reality) and set the stage for radical changes in both central and commercial banking. No longer was the quantity of money issued by the Banks limited by the quantity of gold and silver available to back bills and mint coins. Perhaps even more importantly, banks made loans by the amount (x10) lent to them by depositors.

Whenever a bank makes a loan, it simultaneously creates a matching deposit in the borrower’s bank account, thereby creating new money.

Really think hard about this, because even Houdini would be proud of this illusion.

In the past, when a bank granted you a loan, it was acting only as an intermediary to give you the use of the hard-earned savings of your neighbours. The money itself came into existence only through the toil and enterprise of gold and silver miners.

Now, however, it is the bank’s granting of the loan which itself creates the money. The bank does not need to attract the hard-earned savings of depositors in order to have the means to extend the loan because it can simply create the money with a few quick taps on a computer keyboard.

While the banks can conjure money from nothing without any effort simply by making loans, those to whom the loans are issued are expected to work like dogs to repay them.

Such staggering unfairness has social consequences, as the quantity of money in circulation has mushroomed, eroding its value. Higher costs of production for businesses (which include the higher taxes needed to pay the increased cost of providing public services), higher asset prices for the rich and higher living expenses for the poor have made the economy both more stagnant and more unequal. Inequality has been exacerbated by those permitted to create money from nothing (government and the banks).

As the economist John Maynard Keynes put it:

“By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they confiscate arbitrarily; and, while the process impoverishes many, it actually enriches some. The sight of this arbitrary rearrangement of riches strikes not only at security, but at confidence in the equity of the existing distribution of wealth.”

To further illustrate the illusion in the reality of money, imagine walking into your local bank and asking for a $520,000 home loan. When the bank approves the loan, the bank simply types $520,000 onto a computer screen in your account. The bank doesn’t mint any coins, shift any gold or print any currency, they don’t do anything other than type numbers on a screen, just like you could on your computer at home and you find yourself paying interest on dollars that never did or never will exist.

Seems unbelievable doesn’t it?

Economics Professor Richard Werner explains how banks fraudulently make money from thin air.

To explain the bank loan illusion, let’s take a look at real world accounting.

When a manufacturer in the real world, grants a loan to another firm, the loan contract appears as an increase in assets: the firm now has an additional claim on debtors — this is the borrower’s promise to repay the loan. The lender purchases the loan contract, treated as a promissory note. Meanwhile, when the firm disburses the loan (and hence discharges its obligation to make the money available to the borrower), it is drawing down its cash reserves or monetary deposits with its banks. As a result, one gross asset increase is matched by an equally sized gross asset decrease, leaving net total assets unchanged. This is standard accounting practice.

The picture looks very different in the case of a bank. The disbursement of the loan appears as a positive entry on the liability side of the balance sheet, as opposed to being a negative entry on the asset side, as in the case of non-banks. As a result, it does not counter-balance the increased gross assets. Instead, both assets and liabilities expand. The bank’s balance sheet lengthens on both sides by the amount of the loan. It is clear that banks conduct their accounting operations differently from others, even differently from their near-relatives, the non-bank financial institutions.

The bank, having ‘disbursed’ the loan, remains in a position where it still owes the money. In other words, the bank does not actually make any money available to the borrower: No transfer of funds from anywhere to the customer or indeed the customer’s account takes place. There is no equal reduction in the balance of another account to pay the borrower. Instead, the bank simply re-classified its liabilities, changing the ‘accounts payable’ obligation arising from the bank loan contract to another liability category called ‘customer deposits.’

While the borrower has the impression the bank transferred money from its capital reserves, this is not the case. Neither the bank nor the customer deposited any money, nor were any funds from anywhere outside the bank used to make the deposit in the borrower’s account. There was no depositing of any funds.

Seems far-fetched doesn’t it? Because this is the greatest criminal illusion in the history of the human race and proudly supported by every citizen of planet earth!

There is a documented case in Minnesota, USA, on 12th December 1968, where Jerome Daly proved the First National Bank of Montgomery had created money out of thin air. Justice Mahoney ordered the return of Jerome Daly’s repossessed home and instructed the bank to render Daly’s mortgage contract null and void. Judge Mahoney’s murder briefly appeared in the press two weeks later. No judge since that precedent was set, has ever had the courage to deliver a similar verdict. They know they will die.

People become slaves to the greatest illusion of all time! The greatest lie ever told! The biggest con job in the history of planet earth! The banks have literally made money from nothing through a process called ‘Fractional Reserve Lending.’

Fractional Reserve Lending is like saying, “I only have one banana, but I’m going to loan you 10 bananas, and I will make you pay me back 10 bananas plus a few extra bananas as interest and charges.”

The 9 bananas don’t exist, I have made them up, but you will never know and I have invented a legal system to make sure you repay every one of your bananas. It is complete and utter fraud by banking criminals, and has been perpetuated for so long that people don’t even question the illusion.

They achieve this fraud through another illusion called the ‘Reserve Bank’ (a PRIVATELY owned bank) that prints money for the government, sets national prime interest rates and determines the amount a bank should hold in hard currency on loans. In most instances, the reserve on loans held by a bank is around 10% and this is a rubbery figure, rarely authenticated. The money they have created is loaned again and again in a cycle of exponential deception to create astronomical amounts of currency.

The banks literally make trillions of dollars from nothing, while honest people slave to ‘make’ money and repay loans to banks that have rigged the entire fairy-tale system for their benefit.

In pursuit of money, people sell the hours and the days of their brief life, which are the only true wealth they have.

They sell the beauty, the sunshine, the dawn and the dusk, the moon and the stars, the wind in their hair and the rain, the green fields and the flowers, the rivers and the sweet fresh air.

They sell their health, joy, freedom, time with their children and hand their precious life to others without thinking.

Humans are doomed to slavery and extinction until they break the shackles of ASPD institutionalised insanity.

We were not born for corporate slavery, legal claptrap or cannon fodder. We are an exquisite collective of universal truth, love and creativity that spans the globe.

Until people realise the colossal negative impact of uncaring psychopaths in governments, banks and corporations, they will always be under the spell of emotionally barren creatures.

For the first time in recorded history we now have the skills and tools to identify and remove the creatures who feast on pain, unreality and suffering and break their lust for lies, corruption, control and power.

Find out how to break free here – its FREE