The Slavery System: Banks
How Banks steal your life force and resources
Have you ever wondered whether there was an alternative to each generation working till 65, retiring for 10 years, passing away and leaving nothing for the next generation?
The Slavery System that we live in has many levels, all stealing from your life force.
I’d like to enumerate the levels of this Slavery System - here is one of them.
Below is a diagram of what buying a house could look like. The buyer deems that the house is more valuable (to him) than the cash in his hand. The seller deems that the cash is more valuable (to her) than the house she is in.
A transaction occurs.
Now, here is the culturally normalized, modern representation of the same transaction. Notice there are three parties now. The Buyer, the Seller and a new third party - the bank.
The first diagram is a closed loop, a 1-1 transaction between buyer and seller. In this second diagram you can see that somehow the transaction is completely lop sided in favor of the bank.
The bank gives the Buyer monopoly money.
This money is magicked out of thin air when a loan is created.
In return the bank Receives a Physical House AND a promise of life force equivalent to > 2x houses. The value that the Bank receives is effectively greater than 3 houses.
The measly threshold of 6.36% Interest is point of when one’s repayments of a $500,000 home turn into $1,000,000.
Not bad for costing the bank NOTHING in return.
So some pieces of paper (or digits) in exchange for a Physical House and the promise of 25 years of life force.
Mort-gage
When you buy a house - you are paying rent to the Bank for 24.9 years. If you miss your last payment on the mortgage, they can take the house from you and sell it. All while having received 24.9 years of mortgage payments.
You might think that you own the house at 25 years, however local governments ensure that you are still a renter by imposing a property tax on your house. You are now renting the house from the local authority only, albeit at a much lower rent.
The mortgages amassed by banks can be further capitalized upon by banks bundling up all of the IOU notes to be resold as Mortgage Backed Securities (MBS) at a premium.
You Will Own Nothing And Be Happy
Sure, semantically wording on ownership will be written as lien or as a claim. But it is just semantics - the truth of the matter is that you CURRENTLY OWN NOTHING.
To me it is wild that a third party can appear and effectively steal real wealth from inputting nothing.
The current Fiat based credit system gives infinite possibilities for those making the rules, to extract your life force in time as well as resources.
You really are no different from a Medieval Serf, temporarily living on the Landlord’s land paying your dues.
What else don’t you own?