Banking Best-Kept Secrets revealed by a twelve-year-old-Canadian girl a few years ago:
Have you ever wondered why Canada is in debt? And have you ever wondered why the government forces Canadians to pay so many taxes? Or have you ever wondered why bankers from the largest private banks are becoming wealthier while the rest of us are not?
Have you ever wondered why the gross national debt is over eight hundred billion dollars, but we are spending 160 million dollars a day on the interest of the national debt, which amounts to 60 billion dollars a year? Or who receives the 60 billion dollars?
What I’ve discovered is that the banks and the government have colluded to financially enslave the people of Canada. I will share with you three important points of reference, which will hopefully spark enough interest and concern for you to continue the research on your own and to engage your government to stop this criminal act against the people of Canada.
First, we will briefly examine the Bank of Canada. Second, we will see how our banking system works today. Lastly, I will offer a viable solution that we can petition our government to implement.
Banking History in Canada
A very little-known figure in Canadian history is Jo Gradum. He was a lawyer, Member of Parliament, and mayor of Vancouver. His contribution to Canada is probably the greatest in our history. He championed the creation of the National Bank of Canada, whose sole purpose is to create and manage Canada’s money. It was established on July third, 1934, and owned by all Canadians until the 1970s because of the Bank of Canada.
Canada’s national debt was held at a constant manageable level until the government decided to implement what we now have as our modern-day banking system that is robbing the Canadian people.
So how are they robbing us? Allow me to explain how our private banks and government work today.
First, the Canadian government borrows money from the private banks. They then lend this money to Canada with compounding interest. The government continues to increase taxation of Canadians year after year in order to pay back the interest on the exponentially growing national debt.
What results is inflation, less money for Canadians, stunted economic growth, and the real money being used to pad the pockets of the banks.
Additionally, the government gave the banks the ability to loan out money that doesn’t exist in the form of loans. When a bank gives you a mortgage, which literally means a debt pledge or a loan, they don’t actually give you money. They click a key on a computer and generate the fake money out of thin air—they don’t actually have it in their bank vaults.
Presently, the banks only have four billion dollars on reserve, but they have lent over 1.5 trillion dollars.
Banking best-kept secrets
To quote Grant Hous, banking best-kept secrets,each and every time a bank makes a loan, a new bank credit is created—new deposits, brand new money. Broadly speaking, all new money comes out of a bank in the form of loans. As long as our debt continues under the present system, all money is debt.
What I find interesting is that Jesus in Matthew 21 drove out the money changers in the temple because they were manipulating the currency to steal money from the people.
The private banks are just like the money changers in Matthew 21—they are defrauding and robbing the people of Canada. These banking best-kept secrets must end, and they need to be stopped.
How should the banking system work?
In an infamous interview, Mr. McGee asked Mr. Towers,
“Can you tell me why a government with the power to create money should give that power away to private banks and then borrow that which Parliament can create itself back at interest, to the point of national bankruptcy?”
Mr. Towers replied,
“If Parliament wants to change the form of operating the banking system, then certainly that is within the powers of Parliament.”
In other words, if the Canadian government needs money, they can borrow it directly from the Bank of Canada. The people would then pay fair taxes to repay the Bank of Canada. This tax money would, in turn, be injected back into our economic infrastructure and the debt would be wiped out.
Canadians would again prosper with real money as the foundation of our economic structure, not debt money.
Banking Private Debts
Regarding the debt owed to private banks such as the Royal Bank, we would simply have the Bank of Canada print the money. Then hand it over to the private banks, then clear the debt with the Bank of Canada. And yes, we have the power and lawful right to do so.
In conclusion, it has become painfully obvious, even for me, a 12-year-old Canadian. That with these banking best-kept secrets, we are being defrauded and robbed by the banking system and a complicit government.
What will we do to stop this crime?
What will we do to ensure that the next generation will have a free and clear debt-free economy that isn’t enslaved to the banks?
Margaret Mead said the following: “Never doubt that a small group of people can change the world. Indeed, it is the only thing that ever has.”
Thank you.
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