Jesus driving the money changers out of the temple was being nice.
However, what banks do, is pure evil, on top of evil, with some more evil, and a huge extra helping of evil.
Let us take the typical scam from back in the days of farming...
Farmers have good years and bad years. It is a cycle. And random shit happens on top of that.
Let us say that a farmer has 1 bad year in 7.
So, the bank lends them money for 10 years to buy a farm.
Knowing that, it is almost certain that the farmer will fail at least one of those years.
The bank will get the property back, and resell it to the next farmer with another 10 year loan.
And constantly repeat the cycle.
This is not a hypothetical, this was their game plan.
The bank would only fail at this game when a year was so bad that many farmers failed.
Mortgage means Death Note (from french: Morte - death, Gage - note/paper)
Literally it is a scam to make people pay for a house for the rest of their lives.
Further, the bank will be paid 3x the cost of the house when they provided no materials and no labor.
And today, the bank also provides no money. They steal it upon the creation of a loan.
So, here we have a system where the bank just rakes in as much money from people, (who only want a place to sleep and call their own) until the suck the person dry, then resell the house to the next sucker.
This is such an evil racket.
The banking industry is completely in favor of the banksters. Unless a miracle happens, the banksters score.
The banksters have this advantage because the hold all the money. So, anyone who wants money has to come to them begging on their knees.
Now, if there were an actual equivalent terms between the banker and the borrower, then the loan contract would:
- Have both parties in it together, for good and for bad. If there is a bad harvest on year, the bank suffers alongside the farmer.
- The loan is not to be settled in dollars. The farmer grows wheat. The banksters deal in money. It is quite arduous to make the farmer, grow the wheat, advertise the wheat, transport the wheat and sell the wheat. While the bankster just sits back and waits for the cash.
- If the loan is to be cancelled by the farmer, then half of the collateral capital increase goes to the farmer, and half to the banker. The bankster doesn't automatically take it all because... they want to stick the farmer with selling costs/fees.
- If the loan is to be cancelled by the bankster, the bank cannot take the collateral that is currently being used to make a living. In most cases, the bankster will have to wait the duration of the loan.
- Fraud by either party should be extremely punished. (i.e. Wells Fargone should be out of business right now and those bankster CEOs should be in jail)
But we do not have anything like this. All of the burden is placed on the borrower. Including to know the legalese put into the loan documents by the banksters.
Never has their been a more unfairly rigged market.
That it exists still, is a testament to the banksters keeping monetary education out of schools
Henry Ford is being very generous in the outcome he predicts.
I have not gone into price manipulation, money printing, booms and busts caused by monetary expansion and contraction, derivatives, bank fraud, fractional reserve lending, bankruptcy, and many other things the banksters are guilty of.
People should look as these places as they look at loan sharks... no, loan sharks are nice in comparison.
I will be overjoyed as i see crypto wipe out ever aspect of the domain of banksters.