| View single post by Joe Kelley | |||||||||||||
| Posted: Sun Jun 26th, 2011 12:53 pm |
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Joe Kelley
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Do the Bankers/Federal Reserve do Usury ? Valerius, I think that your question is a very important question that can help everyone once it is answered accurately. I am going to offer an general answer, or an answer that moves toward a more accurate answer, assuming that my answer is valid. If a person has a choice between borrowing from someone who charges a lot for a loan and borrowing from someone else who charges less for a loan, then that is a case whereby two competitors are competing against each other for the opportunity to sell a loan. If a third competitor competes for the same opportunity to sell a loan and the price charged to the borrower is even less, then which does the borrower choose? A. Higher priced loan B. Medium priced loan C. Lower priced loan If a fourth competitor moves into the competition and undercuts all three previous competitors for the opportunity to sell the loan to the borrower and the fourth competitor lowers the price even lower, which does the borrower choose? A. Higher priced loan B. Medium priced loan C. Lower priced loan D. Lowest priced loan to date If a fifth competitor moves into the competition and undercuts all four previous competitors for the opportunity to sell the loan to the borrower and the fifth competitor actually pays people to borrow the loan, so as to corner the market, which does the borrower choose? A. Highest priced loan B. Next to highest priced loan C. Medium priced loan D. Next to lowest priced loan, almost "free" of charge E. Negative priced loan, lender pays borrowers to borrow money At which point you may claim that no such thing can exist, where banks pay people to borrow money, and at which point you may want to check out the following link: http://www.umungu.com/scrip.htm When banking competition is not against the law, what do you think happens? When banking monopolies are not enforced by the same people who enforce moral laws, what do you think happens? What happens to the quality of things produced, and the cost of things produced, when there is no competitor allowed to offer higher quality and lower cost? I can illustrate the answer with one link: http://www.usdebtclock.org/ If all the honest productive American people picked a day in the future, at which time, in unison, all of those honest productive people in America began using a competitive legal money, instead of the enforced legal monopoly, or Dollar Hegemony, who would have a care in the world about all those who still rung their hands over that National Debt Clock, whereby many people are led to believe that they owe an impossible sum to a very few mysterious nobodies? In short: Yes, Bankers/Federal Reserve do Usury, that is what they do, and they have names, and they leave paper trails, and those paper trails are denominated in their legal monopoly paper fraud currency money stuff (not so short an answer). OK, the short answer: Yes
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