Debt Slavery or Debt Peonage

Executive Summary

• Private banking always sets up a rigged system where elites benefit from free government money.
• Private banking ultimately desires to set up most of the society under debt peonage.

Introduction

This lack of fairness in a system run by private banking interests is explained in the following quotation.

“What hides behind the banner of free enterprise today is a system in which giant corporate monopolies have used their affiliated banking trusts to generate unlimited funds to buy up competitors, the media, and the government itself, forcing truly independent private enterprise out. Big private banks are allowed to create money out of nothing lended an interest in foreclose on the collateral and determine who gets credit who doesn’t. They can’t advance massive loans to their affiliated cartels and hedge funds would use the money to raid competitors and manipulate markets. If some players have the power to create money and others don’t the playing field is not level but allow some favorite players to dominate and coerce others.”

Source: The Web of Debt

https://www.amazon.com/Web-Debt-Shocking-Truth-System/dp/0983330859