True Knowledge is real power and your very welcome , remember trust and follow your own heart first in what is right always.
Anything questions just ask OK and If I cant answer the question honestly I will get the answer from the horses mouth by Mike himself as we all learn together right , this you can trust from me I assure you.
Oh yes better answer YES thats correct WE are the true creditors because we create the money at no interest only thing today Interest is charged to us by 3rd party gangsters we call banks that intervene in our commerce .Interest is never created so everyones out to screw each other in order to pay interest to the banks which is the reason for price inflation period .See when the borrower borrows money he actually borrows from circulation NOT THE BANK and the real creditor the owner or builder well he gets paid from circulation which is all worthless anyhow so theres no real need for banks why change our money into there money thats how they screw us all .
All we need is a simple accounting system run by a common monetary foundry (CMF) run by the people for the people that handles all loans and deposits , money is created like today via OUR promissory obligations nothing changes really only NO THIEVING BANKS, the CMF takes no profit or charges interest . The CMF handles all loans and deposits and will refinance all existing loans where loans are re payed at the rate of depreciation or consumption effectively reducing loan repayments massively ,also crediting back all the interest that has been charged over the years on that loan , but there is more including no income tax , but this all might be throwing a bit to much at you now so I apologies if you are a little confused.
What to know is WE create money WE are the true creditors , banks are nothing more that thieves ALL BANKS , and if we create our own money why do we have to pay interest on our own money , see this is the question I always ask , like who do you think creates money OR if every nation is in debt ,then who could possibly be the true creditor it gets people thinking and brings them into self power proof you are indeed sovereign only you have been mislead as your forefathers have. Time to rise my friend .
Indeed you are far from simple you are sovereign ,you have asserted your self in in the first step actually replying to my original question and attempting to understand the monetary problem we all face.
Indeed there is away to stop this theft of our wealth by education by word of mouth, the solution is MATHEMATICALLY PERFECTED ECONOMY if people are aware there is a solution we all can unite by presenting mandates to the sheriffs ,courts and the police demanding they implement MPE ,if they don't they have to prove it incorrect which they cant, no one has in over 35 years , if they refuse according to the mandates they will committing acts of treason there after its not that hard because its 3rd grade maths.
We have to offer forgiveness for there ignorance and approach this with peaceful non compliance it quite simple when you think about it
Mathematically Perfected Economy
The beginning of knowledge is the discovery of something we do not understand. Once you understand (MPE) you will see to support anything else is economic suicide!
On my page you will see my youtube channel link ,all the info is there about MPE ,may I suggest you visit my channel and listen to the 2 MPE playlists I have there in order . I know theres a hell of allot there to take in but as an advocate of solution I have to know the categorical terminal faults within the current system .Also as an advocate I help people that assert themselves in wanting to understand REAL solution in freeing themselves , I ask for no money ,no fame ,no glory just understanding of factual solution that will cost you absolutely nothing .
I win every debate hands down when it comes to current state of affairs in banking economy only thing is I offer a very real solution
We the sovereign people can only implement MPE not any government or politician and it is doable if we are truly informed with the correct knowledge.
Understanding today's mortgage? The fraud begins when you go to a local bank (commercial bank) for a loan where YOU actually create money via your promissory note signature (NOT THE BANK) , by deception the banks intervene between the ****real creditor (seller)*** & debtor (buyer) , banks fraudulently intervene by publishing only the evidence of our promissory obligations to each other. This is how banks steal/launder all principal & interest out of circulation through your debt repayments by fraudulently claiming to be the real creditor when there clearly not.
The governments knowingly terminally borrow more money through a PRIVATE central bank ( FEDERAL RESERVE BANK ) in short to replace the stolen circulation all the local banks thieve at more interest, then the government extorts tax's & revenue from you to pay for this terminal national debt on top of your mortgage repayments.
Understanding the current Banking system? ALL Inflation/deflation is the theft of currencies by ALL banks. 1 They launder principal debt repayments out of circulation jointly into there possession instead of retiring/canceling/ deleting/ principal after its paid back ,they do it through YOU every day on your local bank loans ,credit card repayments etc.
2 Interest repayments are also laundered out of circulation by deception ,This interest is never created in the first place nor is it returned back into circulation in full if any (No where near it) after its stolen by the banks .
3 All treasonous governments knowingly perpetuate TERMINAL nation debt through a PRIVATE Central bank (Federal Reserve Bank) or it prints more money as a last resort, all in an attempt to keep the economic monetary circulation vital.
Everything you see now past and present like national banks ,Tax's, recessions, depressions ,deflation, inflation, booms, busts, derivative scams, quantitative easing, WAR etc is only a symptom of this initial theft of principal & interest out of our monetary circulation by All Banks ,primarily the commercial banks.
Understanding today's Money Creation? A promissory note is a written promise to repay which is a value asset or capital. The Bank Fails to Disclose to a Borrower that borrower or borrowers creates ALL the credit/money by borrowers promissory note signature alone which is an Asset Loan Contract (Financial Instrument) Deposited in the Bank. The Bank fraudulently changes borrowers promissory note into banks paper & loans its paper back to borrower at interest.
The Bank doesn't create money or loan money; banks change money (money changers) & launder a nation's wealth IE: your labor out of circulation via principal & interest repayments
Fractional multiplication on deposits is NOT how banks create principal or interest because the bank offers no lawful consideration of value for bank money to begin with so IT DOESN'T REALLY EXIST furthermore fractional multiplication is secondary to creation its only a fictional expansion which multiples to ZERO eventually, UNLESS someone new creates a promissory note (MONEY CREATION) essentially applying for a loan where the bank dupes the borrower & commits contract fraud by deceiving the courts & the borrower by laundering the ONLY money ( PRINCIPAL ) that has the only consideration of value backed by the property its self (OUR MONEY) through trusts for further profit hiding the paper trail.
1)Banks dont create money,they change and issue money that is ONLY the evidence of our promissory obligations to each other
2) Banks take no risk because they offer no consideration of there own.(they dont loan there own money)
A National Banks (FEDERAL RESERVE BANK) role is to regulate fraud YES ,they issue & distribute print cash which only consists 3 to 5% of all the money supply which also has NO lawful consideration of value
I understand they are in denial but my question was " IF " every nation is in debt ,then WHO? is the real creditor, what I'm trying to get across is who do you think are the REAL creditors ,once people understand WHO is the true creditor they would understand governments are in denial indeed governments are allowing and condoning if not the biggest crime against humanity of financial terrorism if you will.
Maybe I should rephrase the question,, how is money created and WHO creates it?
The answer is really the same as my first question.