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RE: "Governments Are Shaking In Their Boots" Mike Maloney On Blockchain Tech

in #news7 years ago

I could not agree more on this subject. The Decentralized Blockchain Technology is 100% the way ahead for the freedom of Humanity.
Few people realise the extent of how much our governments control the population and the methods they use. One of their main tools is the financial system and its totally rigged. The current system is called fractional reserve banking and they basically create money out of thin air, add it to the current supply, hence pushing the value of the existing money downwards, this is often referred to as inflation, which is nothing more than a hidden tax on the public. The governments borrow money from the central bank which was created out of nothing and now the government owe the central bank that money. The central bank also add interest on top which the tax payers have to foot the total bill. Basically the bankers and elites make fortunes and the masses become poorer and poorer.
If we look at the national debt of most countries, it just continues to rise because our governments continue to borrow from central banks at huge interest.
Under the current system its the banks that run the show and as long as this ponzi scheme is allowed to continue the nation debt of countries around the world will continue to rise with the banks and elites getting richer and more powerful.
We all need to wake up and take our power back which we hand over to our corrupt governments everyday.
There is a little more to the fractional reserve banking system but trust me it only gets worse not better.
The Globalist Bankster Elite want more centralization of power so they can gain more and more control. The Blockchain and the decentralization of power is a spanner in their works and this is what we need for the survival and freedom of the Human race.

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