WHERE DOES ALL THE MONEY GO?

        So not only do the banks create money out of thin air, they steal your labour and then they still need a bailout?? where is all the money going? 

        This from Inquiring Minds:

The grand mortgage contract deception

         It was exposed in a recent ‘Independent’ article that 97% of, so-called ‘money’ is created ‘out of thin air’ with digits on your account, by the high street banks. The other 3% is mainly banknotes, which are loaned by the Bank of England to the high street banks at a small interest rate –point 5% at the moment. With this in mind I give the example below.

            Let’s look at a mortgage contract: before you signed a contract, allowing the bank to steal the principal sum of 200K plus, maybe 300K interest, from you and the working community collectively, they offered you a contract to sign for worthless digits. Upon signature you became the conduit for them to steal yours and the working community’s labour because all of us have to work to give the bank, not repay, the principal sum.

         The fraud is not just charging interest on the principal sum—it’s stealing the principal sum as well.

          Did they have the 200K at the time you signed the contract? No, they did not. So it comes from you and the working community when you pay it.

Am I right? If I am they are not just stealing interest, they are stealing the principal sum as well; a total of 500K.

Read the full article HERE:

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