4851: Urgent Economic Alert from Lincoln County Watch

 

Friday, May 31, 2024

4851: Urgent Economic Alert  from Lincoln County Watch

 By Anna Von Reitz

A trifecta of financial indicators prompts me (and many others) to sound the alarm today.  For those who need or want or would benefit from a far more detailed analysis see J Bravo's channel on YouTube, and the episode "The Most Eye Opening 17 Minutes...."

Please understand that the Fiat Economy established in 1913 and re-engineered after the Second World War is essentially a Ponzi Scheme that depends on banks making new loans -- lots of new loans.  New loans are where money is created in a fiat system. 

Many of you think or assume that money is printed on printing presses, but no; "money of account" is what drives and supplies the economy in a fiat system, which is all predicated and run on the basis of credit and debt instruments --- and "ledger loans" made to consumers. 

These "loans" of credit result in new "money" being entered on the bank ledger simply by entering the digits on the account books. This is why this is called "money of account" and self-evidently -- it isn't money.  It's credit. 

It's essentially credit that you loan yourself and the only one responsible is you.  That's why yours is the only signature ever appearing on any of these "titles" or 'bank loans" and so on. 

The banks have all been insolvent since the 1930's.  They are prohibited by law from loaning their own money or any depositor's money. 

So, you see, it is a shell game by definition. These facts are never disclosed to you and you are left to assume a traditional bank model exists -- when it doesn't. 

All goes well so long as there are people lined up to make new loans to themselves and also paying those loans off -- again -- to themselves, plus others. 

You see, one person isn't enough to secure such a loan, mainly because your loan that netted you $100,000.00 resulted in the bank ledgering $1,000,000.00 in new credit, thanks to the additionally insane practice of "fractional reserve banking" which has allowed banks to loan out 7-10 times the amount of your loan to other people. 

Thus, your loan stands as "guarantee" to 7-10 other loans guaranteed by other people who are also borrowing credit from themselves.  This guarantee function of your loan is never disclosed to you and you are never rewarded nor profited for being the Guarantor. 

This secret obligation to pay back all the credit extended to the 7-10 other people on the basis of your loan is what makes it so expensive to buy a home and what you are actually paying back as "interest" over the course of 30 years.  

You can see how this creates a "credit bubble".  As a result of letting you borrow from your own future earnings, and your undisclosed "guarantee" of all the additional funds available to loan as credit, the bank is able to multiply this scheme with complete immunity.  

The bank loans you $100,000.00 of your own credit, extends an additional $1,000,000.00 to other people -- all guaranteed by you, and then sits back with a secured interest in whatever you build or buy that is free gratis.

Here's an example: you are having a midlife crisis and decide to buy a brand new Harley-Davidson motorcycle.  The bike costs $30,000.00 and you agree to pay $345.00 per month for fifteen years. All is well so far. 

The bank loans out an additional $300,000.00 based on your secured loan -- and the value of the bike, which is added in as a kicker. 

The bank doesn't risk or guarantee or provide anything but a bookkeeping function. By taking out a loan, you are generating the entire financial expansion and guaranteeing it with the value of your labor, the asset you are buying, and your signature as Guarantor of not only your loan, but all the additional credit predicated on your loan. 

But wait!  What about all these other people who are receiving loans of their credit and benefiting from your Guarantee of their borrowing?  Isn't the same thing happening to them?  

Why, yes, it is.  That's how the "fractional reserve" portion of additional credit lending gets spread out and covered by at least 10 people and that is how they were able to justify "bundling" mortgages together as fungible units in money market schemes. 

The big maritime (foreign) commercial banks just took the concept of a private credit union and expanded it for commercial purposes, redefined each and every one of you as a commercial entity, and failed to disclose what they were doing when, for example, they offered "home loans".  

What they meant by this is that you would loan them your home as an asset to borrow against. 

Now, obviously these banks have operated in a criminal manner for many years and a great many people have been lured into creating these "loans". 

Obviously, too, when one loan "fails" and you take your Harley-Davidson back to the bank and turn in the keys, it removes that asset and removes your guarantee of all those other loans that you were unknowingly supporting. 

That "undermines the market" and when a lot of people start defaulting on a lot of loans thanks to hyperinflation (devaluation) of the currency, it has a strange effect.  

Money is both "tight" in supply and worth less. 

When the money is devalued, the value of your labor is also devalued, your savings are devalued, and at the same time, the replacement cost of your home -- for example, skyrockets, and for the moment anyway, the cost of buying a home sails out of sight as the market value of your home increases. 

Which causes what?  Fewer new loans to support this crazy house of cards. 

With fewer new loans stoking the credit market, the "credit bubble" created by the loans generating "fractional reserve" credit -- collapses. 

The banks then demand what?  Refinancing of loans. The Guarantors, you, poor sop, must use the increased value of your home to refinance your previous loan and expand your guarantee of all the underlying loan activity engaged in by the bank.

This in the microcosm may seem like a good deal. Your house appears to be worth more on the market, you are paying it off with hyperinflated "dollars", and you may be tempted to refinance for lower monthly payments --- but the absurdity of the situation begins to appear also. 

Your little two bedroom one-story bungalow is now worth exactly the same amount to you, but it is suddenly listing as a $500,000.00 home in the marketplace and on the tax rolls.  When you go to sell it however, you can't find a buyer at that price. 

And would-be buyers are having a harder and harder time finding a bank loan. 

Which results in fewer new loans.  Which results in bank collapses.  Which pops the credit bubble.  Which fuels more inflation. Which tanks the long term bond market.  Which also tanks the sale of "Treasury Notes".  

And all this sends the whole shebang into free fall. 

Unable to keep up with the taxes and the payments supporting all this graft, millions of homes go back to the bank, but the bank has no resources to maintain the properties so they simply sit and decay on the sidelines of a "booming" housing market that doesn't actually exist because it isn't driven by demand for new housing.  

Same thing happens in the stock market, which has been kept alive by corporations "reinvesting" in their own stock and injections of government pension fund investment as the managers desperately try to shore up the value of their prior investments. Like the phony housing market, the phony stock market isn't being driven by any actual increase in the value of the underlying assets or any expansion of the asset base.  

All the "bull market" activity that people observe is contrived and just like the big crash of 1929, smaller investors are being lured into the market and even being foolish enough to leverage their investments just in time for the Big Boys to pull the plug.  

When you see men like Warren Buffet and Jamie Dimon selling their personal stock holdings in their own companies, it's time to EXIT the stock market. 

I can't put it to you all any more clearly than this. 

The Ponzi Scheme generated by new loans and "fractional reserve banking" that has been put in place as "your" banking system since 1913 is collapsing and there is nothing in the world that can stop it from collapsing, because it is built on lies and exacerbated by crooked bookkeeping. 

Remember the moment in The Wizard of Oz when the Wicked Witch of the West starts melting? 

We're there. 

A great many people are thus left chasing around watching the value of "their" money disappear due to hyperinflation, and stuck with "loans" they can't pay off, in a housing market they are being taxed out of, holding grossly overvalued homes and stocks that they can't sell..... 

Imagine that we are playing Musical Chairs but instead of the music simply stopping, it stops, plays a few bars, everyone shuffles again, stops, plays a few bars, everyone shuffles.... but we all know that it is going to stop, and then what? 

It's the "then-what" that this message really concerns. 

Since 1913 when the Federal Reserve scam began, and again, even faster, when Franklin Delano Roosevelt set this Ponzi Scheme in hyperdrive in 1934, the Legal Tender known as the Federal Reserve Note has been devaluing against the United States Silver Dollar --- your actual currency. 

This devaluation of the Federal Reserve Note is more or less tracked by the increased value of gold and silver and asset-backed currencies in general. 

An ounce of gold that sold for $28 in 1928 is now selling for something around $2500, and each Federal Reserve Note that started out at a 1:1 parity with the United States Silver Dollar in 1934 is now worth less than one half of one cent.  

The difference has been siphoned out of your labor and your assets, effectively embezzled by mostly European criminals--- with notable American helpers. 

And what are we going to do about it? 

There is the fact that all of this is predicated on fraud, crime, and breach of trust, but in the meantime, we are left to sort out the wreck, as usual. 

What kings and prelates do, we suffer -- and that will be the fate of humankind until we wake up and learn to self-govern.  

Sorry, I had to say that, because someone desperately needs to; all that we have suffered and all that we are about to suffer is a direct result of the failure to self-govern.  

All right?  Are you ready? 

Probably not.  Even the Burt Gummers among us are not ready for this, but --- at this 11th hour, you do have a faithful and competent government representing you in the international and global spheres.  You do have a viable means of preserving your wealth and buying power.  

You also have your own gold-backed currency, the American Federation Dollar, which will allow you to trade for goods and services, and you do have your own gold-backed American Federation Credit Certificates that will allow you to carry on commercial transactions under Merchant Law.  

You will also be held harmless for the losses that have ravaged the legal tender currency you were forced to use in the intervening years, which means you will be able to maintain your buying power in the midst of chaos. 

You will be given one gold-backed American Federation Dollar for every Federal Reserve Note you place in the Global Family Safety Vault.  

Yes, you heard that right.  

We will give you gold-backed currency that is now worth over $235 each in exchange for $1 (FRN) which will make up for the losses caused by the use of the Federal Reserve Note and its devaluation over the course of 111 years.  

All those who return to the land and soil of their birth and who wish for peace and plenty for themselves and the rest of mankind will be welcomed home and enabled to access these resources which are part of their natural inheritance through our American-chartered Global Family Bank / Bilateral Blue Dot Bank System. 

So what do you need to do and what do your friends and family members need to do right about now? (1) Declare your natural birthright status as American State Nationals; (2) Open your account in the Global Family Bank; (3) Transfer any Federal Reserve Notes you don't urgently need to the Global Family Safety Vault -- to guarantee their buying power in the days to come. 

If you already have an account you will be receiving detailed instructions via email.  Tell your friends and family what is going on.  Watch J. Bravo's video for the down-and-dirty details. Share and re-read this article so that you realize the cause of this crisis and can explain it to others. 

Those of you who have mortgages and are suffering under the conditions described above are urged to gather their information, including the total amount owed and the contact information of the current mortgage-holder.  

It is our intention to remove all those mortgages and debts from your shoulders so that you are debt-free and secure in your own homes as another step toward restoration and restitution. 

Let's summarize: 

1. Declare your natural identity and political status as an American -- not a U.S. Citizen or citizen of the United States -- which are both foreign political statuses; 

2. Open up your account in the American-chartered Bilateral Banking System; 

3. Transfer Federal Reserve Notes that are not urgently needed to the Global Family Bank Safety Vault to retain your buying power after the collapse; 

4. Gather all current mortgage information. 

It is our intention that you will be Held Harmless from all the destruction, be debt free, and have access to your inheritance as an American. 

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See this article and over 4800 others on Anna's website here: www.annavonreitz.com

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Posted by Paul Stramer at 10:21 PM