Under a Constitutional system no private banks would exist to rob the people. Government banks under the control of the people's representatives would issue and control all money and credit. They would issue not only actual currency, but could lend limited credit at no interest for the purchase of capital goods, such as homes. A $60,000 loan would require only $60,000 repayment, not $255,931 as it is now. Everyone who supplied materials and labor for the home would get paid just as they do today, but the Bankers would NOT get $195,931 in usury. AND THAT IS WHY THEY RIDICULE AND DESTROY ANYONE SUGGESTING GOVERNMENT (CITIZENS') MONEY WITHOUT INTEREST AND WITHOUT DEBT.
History tells us of debt-free and interest-free money issued by governments. The American colonies did it in the 1700's and their wealth soon rivaled England and brought restrictions from Parliament, which led to the Revolutionary War. Abraham Lincoln did it in 1863 to help finance the Civil War. He was later assassinated by an agent of the Rothschild Bank. No debt-free or interest-free money has been issued in America since then. Several Arab nations issue interest-free loans to their citizens today. The Saracen Empire for bad interest on money for 1,000 years, and its wealth outshone even Saxon Europe. Mandarin China issued its own money, interest-free and debt-free, and historians and collectors of art today consider those centuries to be China's time of greatest wealth, culture, and peace.
Germany issued debt-free and interest-free money from 1935 and on, accounting for its startling rise from the depression to a world power in 5 years. Germany finance its entire government and war operation from 1935 to 1945 without gold and without debt, and it took the whole Capitalist and Communist world to destroy the German power over Europe and bring Europe back under the heel of the bankers. Such history of money does not even appear in the textbooks of public (government) schools today.
Issuing money which doesn't have to be paid back in interest leaves the money available to use in the exchange of goods and services, and its only continuing cost is replacement as the paper wears out. Money is the paper ticket by which such transfers are made and should always be in sufficient quantity to transfer all possible production of the nation to ultimate consumers.
It is as ridiculous for a nation to say to its citizens, “You must consume less because we are short of money,” as it would be for an airline to say “Our planes are flying, but we can't take you because we are short of tickets.”
🇳🇪🇽🇹#620989 Stable Money🇵🇷🇪🇻🇮🇴🇺🇸#620542 THE CONSTITUTIONAL WAYBillions for Bankers & Debts for the People
- by Pastor Sheldon Emry🇮🇳🇩🇪🇽#622479