i am going to make several notes about the banks here. so first off, the banks do something called fractional banking, this system allows them to basically print money without having assets such as "gold" to back it up, with this system they may only have about 1% of the money they print backed up by assets. what this means is that your currency actually has no value to back it up, it is simply a piece of paper, no differn't than a promissory note in reality. infact, if i made a 750$ bill as i do in this video, it would have more value backing it than any $ created by a fractional banking system. because i have assets that back it up as collateral, such as my house, vechile, gadgets or even food. which have actual value as goods. this creates a system in which no value is transfered but simply numbers on a screen, hence why they want to make it electric. although the bank only has to have 1% of its money in assets, you on the other hand have all of your money invested into your life, therefor they get to take your house, cars, anything of value if you don't pay. even though the bank can't pay you in assets. and would collapse if they were made too. look up the term "run on the bank" here is some advice, learn about how banks have tricked people into debt and how they make them pay what they have already sold off to investors, thats right they sold your debt, yet are still collecting on it. by using a promissory note you can pay of your debt with more debt, simply send them a bill of exchange, with your own terms of agreement, it can even say i will pay you 750$ in 1$ incriminates, on the 1st of each month for the rest of my life.
btw, a proper boe cannot be declined it is against the law!, if they took you to court they would lose as payment as been recieved, the problem is in the contract signing away your right to choose how and when you pay. please guys do your own research and figure out how they have kept us in debt in order to keep us in slavery, ever wonder why a house costs between 100,000 - 500,000+ its because of inflation of our currency... these banks are leeches feeding off our blood, off our hard work sweat and tears, many people miss one payment and are out on the street. please note: all "bills of exchange" are simply pieces of paper, they have no actual value unless agreed to by the investors, ie: you note, this lecture is not a complete understanding, use this video as a learning tool. anyone creating bills of exchange should refer to bills of exchange act of your country & do your own research! i have stated many truths in the past minute but please guys don't be blind to the truth, there is nothing good about fraud, and the banks are doing just that. they are making "you work for them" they make a income off your debt, how did they even get the cash to begin with think about it. its because they can print off a million dollars and only have 100$ in gold, giving them leverage of a million too one. the odds are stacked against us, this is why people are creating bitcoins, why china and other countries want to make a new gold backed currency. if you could fractionalize your money like a bank then you could essentially buy a house for 100$ down instead of 100,000$, and pay off the rest when you make more. instead the bank gets to take your house because you didin't pay back there outrageous mortgage at a premium with interest. there is much more i left out because im tired and can't do it all for you, like i said this video is a learning tool, but knowledge is earned not bought. time to wake up, get your head on straight and figure out a way to be debt free. peace out - school of life guys.
