Ladies and gentlemen, in this article, I'll use the USA as an example to explain the Babylonian banking system. The situation abroad is not any different. For instance, European nations got conquered by bankers through the use of silent "economic" weapons before 1776.
The national debt of the United States of America was less than a billion prior to WW1 when it jumped to 25 billion. In the years between the two world wars, American national debt almost doubled, from 25 billion to 49 billion. Then, in the years between 1942 and 1952, the national debt skyrocketed from 72 billion to 265 billion. In 1962, it was 303 billion, and by 1970, it reached 383 billion dollars. Between 1971 and 1976, it rose by another 230 billion dollars and went from 409 billion to 631 billion. During the 1980s, the growth of the national debt was rapid, mostly fueled by an unprecedented peacetime military buildup. In 1998, the national debt soared past 5.5 trillion dollars (5500 billion). Today, the total public debt is 30.6 trillion dollars, meaning, the unconstitutional "share" of this debt for every man, woman, and child is currently (approximately) 100 000$. Every newborn owes a hundred thousand...(let that sink in). Keep in mind that the total public debt doesn't include trillions in individual credit card debts, mortgages, and so on.
Here is the catch: the revenue collected by the Federal government in the form of (individual income) taxes is used to pay the INTEREST on the debt alone. If you've read my analysis of the top-secret document "Silent Weapons For Quiet Wars", and a document "National Destabilization Plan Of The KGB/GRU", by now you know that taxation is a part of the communist apparatus to conquer the nation. It is also a form of slavery and the way to measure national "willingness to surrender". Before 1913 (Federal Reserve Act), charging interest was illegal in the USA. Why? Because in case of charging interest we get what we have: unpayable debts. We are not paying the debt, but the interest...
Eventually, we'll reach a point where, even if the government takes every penny of its citizens' income via taxation, it will still not collect enough to keep up with the interest payments. Let me put it this way: you'll own nothing and you'll be happy. Does it sound familiar? In reality, all the wealth will be poured into the pockets of bankers. Here, I'm not talking about the money alone, but also, the entire industry, from A to Z, water springs, the energy industry, etc. Currently, the interest on the American National debt is approximately 1.2 trillion dollars per year.
In reality, Americans lost the war against the City of London. Bankers used a model of economic conquest and succeeded. The greatest nation on Earth has fallen without the use of visible force. That's why they still can't see an obvious fact! Pastor Peter John Peters stated that the American people are serfs. Why? Because the "tribute" is collected from them in the form of "legal" debts and taxes, and they believe they are paying it for their own good, for the good of others, or to protect all from some enemy. In the middle ages, serfs in Europe had to tithe (give away one-tenth of their earnings), while "American serfs" are forced to give away half of their earnings if I'm not mistaken.
In 1900 the average American worker paid few taxes and had little debt. During the late 1990s, payments on debts and taxes took more than half of what he earned. Honestly, I don't know how much WORSE the situation is right now.
Again, I'll remind you of a document "Silent Weapons For Quiet Wars", and the KGB's plan to destabilize nations: both include high taxation and the destruction of the family unit. Why do I mention that? What do banking and family units have in common? Well, first of all, due to ever-increasing debt and inflation, women got employed. Children were left defenseless. Who took care of them? That's right! The (occupied) State! "Oh, hi there, little future slave worker, how would you like to get indoctrinated?", "not much, Sir", says a child. "No problem"; answer the Sheriff, "we've made it mandatory". The child goes away to school where he gets labeled as "mentally unstable", and drugged out by communist psychiatry. To make things worse, nowadays, kids are being indoctrinated by the LGBTQP propaganda. Anyways, sooner or later, the woman which is forced to do men's jobs will become dissatisfied. She will file for divorce. The judge will be told, "we were always in debt". Does it sound familiar? The kid is mentally fried, the woman ends up alone, and a man ends up court-raped.
Money is created, not grown or built. Nowadays, banks are creating artificial (worthless) money with a few clicks! Ever since Nixon took the American dollar of the golden standard, the money became worthless.
Let's take the 1930s American depression as an example: they've had everything a nation needs to be prosperous: fertile farmlands, industrial capacity, skilled and willing workers, a well-developed and efficient transportation system, the world's best communications and mail system, beautiful cities and strong population. The only thing they lacked was an adequate supply of money. During the 1930s, bankers, the only source of new money and credit refused loans to farms, stores, and industries, while at the same time, they demanded payments on existing loans. As a result, money quickly disappeared from circulation. The media (owned by banks) convinced the American public that "times are hard", while in reality, banks purposely made them hard. Why? What's the point? Well, who do you think proceeded to buy all the industries and farms for a few cents? People have lost their jobs and savings, while bankers became utterly rich! Another question: who do you think owns the American military-industrial complex? If you find the answer, you'll discover the reason why there is no money for peace, but plenty for war.
The (Private) Federal Reserve Corporation
If you want to know the full story of the corruption and treason behind the scandal of Christmas 1913, read the "Conquest or Consent", by W. D. Vennard. Shortly, in December of 1913, Congress, with many members away for the Christmas holidays, passed what has since been known as the Federal Reserve Act, which authorized the establishment of the Federal Reserve Corporation. The law removed from Congress the right to create or control money. That function was given to the privately owned Federal Reserve Corporation.
Since 1913, they have created tens of billions of dollars in money and credit, which, as their own personal property, they can lend to the American people and government, AT INTEREST (usury), which is unbiblical (literally).
That's how and why the rich (bankers) are becoming richer, while the poor are getting poorer.
The end of part 1...to be continued!