AMERICA'S BANK FRAUD
EVEN BANKS ADMIT THEY HAVE
NO MONEY ON HAND
BY CLAIMING TO BE A 'FRACTIONAL RESERVE BANK'
THE BANKS MEAN THAT THEY REALLY HAVE NO MONEY TO LOAN YOU
ALL LOANS AT BANKS ARE FRAUD
Fractional
Reserve Banking is a fraudulent banking system in which
banks operate with almost no deposits and pretend to have
money which they never possessed and loan non-existent money they never ever had.
Criminal banks operating under the fractional reserve system
only need to keep 10% of the estimated maximum they seek to
loan out in a box or folder entitled “reserve”, but the far
larger 90% that they pretend they are loaning a person never
even existed and won't. Usually, the "reserve" file or box has no money in
it at all, but only a number representing non-existent
dollars which the Federal Reserve claimed to have sent to
the bank, but which is really just a number sent there to
authorize the fraud.
Actually, it is even
worse than this, because the fake 10% reserve is supposed to be a
reserve for depositors and not loans, because loan withdrawals
only cover the few days when the checks are balanced between two
banks. Since American's save less than 1% of their earnings,
the amount deposited in banks is miniscule in comparison to
the amount given the bank by the Federal Reserve System
which these banks privately own and operate in unison. So,
the 10% reserve might be more like 1% reserve in some cases
where there are very few depositors.
The Federal
Reserve uses this Fractional Reserve Banking method, because
it profits their member banks. It allows their member banks
to swindle customers by creating loans for non-existent
funds on a daily basis. These criminal banks are able to
create fraudulent loans to customers with no money to
back it up and to charge interest from the unwary customer
on these non-existent funds which might as well be
considered as a lame form of counterfeited vapor. This
system is unethical and extremely profitable for these
swindlers.
In reality,
almost all loans from American banks are swindles, because
these banks really have not given any money to the loan
recipient despite the fact that the banks have claimed to
have done so. Instead, the banks have simply written checks
which have no real money behind them. When the check is
cashed, the bank simply receives the check back from the
cashing bank, makes a note of it so that it will not be
allowed to be cashed again, but no money has changed hands.
The cashing bank snaps a photo of the check and this is
proof that the money has been transferred, when, in effect,
no money at all was passed from the originating bank.
In fact, if you
have a mortgage loan, you have already been swindled in this
manner. There was no money that passed hands, only numbers
that pass for money, and your bank is nearly as cash free as
it gets.
If you didn't
live in a crooked nation, you could get all of the money you
have paid in interest back. But you can't, because America
is a crooked nation controlled by banks tied to the criminal
fractional reserve laws.
The fraud is
extremely damaging, because it forces a person to borrow
non-existent money and to reimburse the banks enough
interest over 30 years to pay for 3 homes, 1 home for the
mortgage holder and 2 additional homes for the dishonest
bankers.
As
Mayer Amschel
Rothschild who believed in fractional reserve
banking as a most profitable method of stealing said, "Give
me control of a nations money, and I care not who makes it’s
laws." He also said,
"Permit me to issue and control the money of
a nation, and I care not who makes its laws."
This Rothschild
statement is also a perfect description of the American
banking system.
Banks have been
stealing from innocent citizens for centuries, and their
fraudulent loans are illegal according to the Rico Act. The
best way to stop them is to shut these criminals down
forever.
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