Here's a piece of financial truth that you won't find in you school's economics books.   It's so far out that even when you read this, you probably won't believe it.   

Where did/do the bankers get all those billions of dollars that our politicians borrow and on which you and I are paying interest?   They didn't and they don't have any money to lend.   They plucked it from the air!   The bankers lend make-believe money that they create by declaring nothing to be something.  

Their loans are the modern day, secular version of the medieval Catholic church's practice of selling tickets to heaven.   In those days, they called it Selling Indulgencies.   Today it's called Fiat Money  

Renting a Fairytale: 

The banking industry is unique among businesses because it's the only industry that can lend/sell you a non-existent product and charge people rent (interest) on the use of its product.   Rental business owners can't get customers to pay rent for the use on non-existent cars, or for the use of non-existent tuxedos or non-existent bicycles?   How many people are going to go to a restaurant and pay for a non-existent dinner or pay rent for the use of a non-existent house or a non-existent apartment?   

And at the same time, right now, you and I  (and everybody else who owes money to a bank or to a credit card company)  are paying our hard-earned money  (transferring some of his/her goods and services)  to the super-wealthy money lenders for the use of their make-believe, fairytale money.  

Most of you will recall the childhood game called "Monopoly."   In this game, there were little pieces of paper with numbers on them that represented money?   Those pieces of paper had value in the game only, and they had value only because everybody playing the game, played as if those little pieces of paper were actually valuable.   

Well, the money in you wallet is the same thing in a large, real-life,  financial game designed many years ago by the super-wealthy men who created the Federal Reserve.   It's called " Fiat Money."   Fiat money is a gloried form of "Monopoly" money.   The fiat money system has been applied to the economy for so long that most people have no idea what real money is or what fiat money is, and how fiat money used to secretly steal the value out of the real money you earn by your blood, sweat, and tears.   (See the postage stamp example below on this page.)

Fiat money is nothing more than bookkeeping ledger entries or it's paper money which the Federal Reserve creates on their printing presses with absolutely no supervision.   The real value in this money is zero, zip, nada, nothing.   It steals its value from the money already in the economy -- from the money in your wallet, in your bank accounts, and in your retirement investments.   

The finance industry charges its customers hard-earned, interest money  (money created with blood, sweat and tears)  for the use of this non-existent, make-believe money that they (the bankers) simply plucked from the air or printed on the Federal Reserve's counterfeit-money printing presses.   With this make-believe money, the bankers control, dominate, and milk the people for real money.  

The super-wealthy have set up a banking and financial system that replaces real money with fairytale, make-believe money called fiat money.   It's money not because it has intrinsic value.   It has value by declaration only.    Real money is a form of goods and services.   Our founding father new what real money was.   In the United States Constitution defines money as gold and silver only.  

Fiat money is a counterfeit receipt -- a receipt for goods and services that don't exist.   The super-wealthy, by way of their agents, the twelve privately-owned banks that make up the  Federal Reserve, have simply declared that they ( and they alone) have the right to create the counterfeit receipts that we commonly call money.   They print receipts for non-existent goods and services, and pretend that their receipts have real value.   The money in your wallet and in your bank account is "fiat" (make-believe) (fraudulent)  money.   It's only valuable because you and millions of other people believe that it has value  

Every time they add more fiat money to the financial system, that new, fiat money steals its value from the money already in the monetary system.   Remember the definition of inflation:   "An increase in the amount of money in circulation resulting in a relatively sharp and sudden fall in its value and a rise in prices."  

As you may recall, in the fall of 2009, the Federal Reserve gave billions of these make-believe dollars to the major banks and set in motion an inflation cycle that is still expanding today.   That's why you pay higher prices for gasoline, food, rent, medicine, and everything else people buy.   Your dollars become less-valuable, therefore it takes more of them to pay for your goods and services.    Here's a simple example:  In 1913, the year that the Federal Reserve took control of the American monetary system, a postage stamp cost one cent (one penny).   Today, 2010, the cost is forty-four cents (44¢).   Did you ever wonder why?   Well, now you know.

The bankers alternate between expanding and squeezing the nations economy.   In this process, they entice (and/or create the necessity for)  small business owners, and the general public to borrow the banker's make-believe money.   We work diligently to produce goods and services and then we must give/pay some of our real goods and services to the money lenders (fees and interest charges) as payment for the use of their non-existent, make-believe, fairytale, fiat money.   Then while we struggle to survive, the  super-wealthy go into the nation's market places and exchange their make-believe money for real goods and service and live extravagant lifestyles using this stolen wealth.   

This technique for milking the public for money has been going on for so many years (since 1913) that it's considered normal and almost nobody questions the validity of our fairytale banking system.   

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