If I had the resources (both physical and time) I’d do this properly. But at the moment I just need to focus on trying to restore my health. Something like this is pretty straightforward and doesn’t require much energy. And as I say in the post, it gives the idea. Actually, ideally (to my mind) someone younger (20s or 30s) would learn this stuff and do it. It’s quite straight forward.
1. The so-called 'govt' is in fact a registered commercial entity and as such cannot be a governance organisation.
2. As a commercial entity, any and all debts entered into by the agents, board or owners are the sole liability of the commercial entity and its agents, board and owners.
3. All of these purported 'loans' occur within the banking industry, which pretends to be competing banks when in fact they are all subsidiaries of a single monolithic bank.
4. The bank does not, ever, make any kind of loan of 'money' or other value, rather the process is simply done as fraudulent accounting tricks with credits and debits on various accounts.
5. 'non-payment' of debt has zero actual consequence for the monolithic bank because it never lent anything and so cannot 'lose' anything. This actually applies to every pretend personal loan and mortgage from every fraudulent bank.
6. All attempts by the 'govt' to assign such debts to the people of any country is, naturally, further fraud.
Thanks for your comment :Carl-david:. Nothing you are saying is wrong (or new to me, including how you write your name and what it means). But each man or woman is in their own headspace, NZers have been heavily indoctrinated, and this is written mainly for the young; esp. the 'tax-payer'. Have a look at my NZ Financial Reset series for more.
Funny. Was reading this after I typed my response to you. And the author wrote this:
"To help you understand how banks create money, I’ll need to arm you with a very basic grasp of double-entry accounting. After all, money creation is essentially an accounting trick in the banks’ books."
Great approach to remove government expenditure from GDP to get the actual produced figure. Govt expenditure is almost entirely entropy in the system.
I would like to do this year on year to see what the actual GDP trend is.
If I had the resources (both physical and time) I’d do this properly. But at the moment I just need to focus on trying to restore my health. Something like this is pretty straightforward and doesn’t require much energy. And as I say in the post, it gives the idea. Actually, ideally (to my mind) someone younger (20s or 30s) would learn this stuff and do it. It’s quite straight forward.
How funny. This answer is missing words. The first word was "Agreed." but it's not there. Interesting. I find it pays to check these things.
1. The so-called 'govt' is in fact a registered commercial entity and as such cannot be a governance organisation.
2. As a commercial entity, any and all debts entered into by the agents, board or owners are the sole liability of the commercial entity and its agents, board and owners.
3. All of these purported 'loans' occur within the banking industry, which pretends to be competing banks when in fact they are all subsidiaries of a single monolithic bank.
4. The bank does not, ever, make any kind of loan of 'money' or other value, rather the process is simply done as fraudulent accounting tricks with credits and debits on various accounts.
5. 'non-payment' of debt has zero actual consequence for the monolithic bank because it never lent anything and so cannot 'lose' anything. This actually applies to every pretend personal loan and mortgage from every fraudulent bank.
6. All attempts by the 'govt' to assign such debts to the people of any country is, naturally, further fraud.
Thanks for your comment :Carl-david:. Nothing you are saying is wrong (or new to me, including how you write your name and what it means). But each man or woman is in their own headspace, NZers have been heavily indoctrinated, and this is written mainly for the young; esp. the 'tax-payer'. Have a look at my NZ Financial Reset series for more.
Funny. Was reading this after I typed my response to you. And the author wrote this:
"To help you understand how banks create money, I’ll need to arm you with a very basic grasp of double-entry accounting. After all, money creation is essentially an accounting trick in the banks’ books."
https://plagueonbothhouses.substack.com/p/the-money-tree-part-i-where-does