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Eric Linz
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Comments by "Eric Linz" (@ericlinz4626) on "Occult Literature 163: Assamese Demonology" video.
Capitalism is only good when the money supply is separated from the globalist "fractional reserve" banking system. So in our present condition (the Fed) all economic activity generates massive debt which is (of course) "virtual". Right now global debt is $86k per person which has to be a joke to you isn't it? Capitalism during Andrew Jackson's time (1830's) was okay because all money was issued directly through acts of Congress who represent The People. You see my point? As it is now Capitalism just further expands the debt and extracts the wealth away from The People. If we can get rid of the Fed then I'd agree with you. Alternatively if interest rates can be kept low enough the negative effect of "fractional reserve" banking is minimized, but if you look now you see how the globalists can destroy nations by simply jacking up rates. That's a dysfunctional system that acts as a kind of parasite upon The People and gives too much control to foreign powers who are not even nations, but globalist interests. Capitalism as it is with this parasite (the Fed) only drives us towards globalism which is "Absolute Power that Corrupts Absolutely".
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@Astro Not 100% true, but partially true. The Constitution declares that all money must be created directly by The People through acts of Congress. However, we live at a time when the Fed has become like a parasite loaning money to The People and creating massive debt. People look at our $22 Trillion dollar national debt and think: "Oh my god... how can we ever pay it back?" Well the answer is that it was designed to never be paid back. Example: I give you $ 1 as a loan. You give me the $1 back and then pay interest of another $1. Where does the second dollar come from? Well... it magically appears out of thin air as debt. You create debt this way and it can never be reversed once it starts... it's like a parasite sucking your blood.
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@themoneroman3691 Well that's true, but at a secondary level to what I'm talking about. If globalist bankers control your money supply then all you are doing is "feeding the beast" with every dollar you use. You need a currency owned directly by The People or the parasites are just sucking you dry. Basically we need to "End the Fed". The Founding Fathers knew this and were willing to die if necessary to fight for it.
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