You Are a Collateral! Your Money Exists Mostly As Unsecured Loans
You are a collateral to your government's loans, and the government is actually borrowing your own money!
That’s not a mouse on the desk. It’s the US of America.
There are such things as secured and unsecured loans. They are quite easy to understand, and if you realized they are about your life and everything you think you own, you would probably devote considerable attention to the problems these inoccuous-sounding banking terms imply.
What is a secured loan?
Anybody picking up a loan as a collateral is borrowing money by using their assets to cover for the loan. For instance, you can pick up a loan, if you want to run the risk of losing your house that you use as a collateral, if you cannot pay the loan back.
However, on a national level, it gets a lot more interesting.
The Federal Reserve, a private bank that has been usurping the exclusive right to issue USD since 1913, issues money (it doesn’t “print” it, because printing is the prerogative of the Treasury, the amount is minuscule compared with the amount issued as “loans,” although even the banknotes are transported to the Fed by the pound).
It is the US taxpayer, who “borrows” the money at an interest from the private bank and, after that, the taxpayer, according to the usual contractual jargon, is liable for the “debt” with his assets, lives, limbs, and labor. The Fed can spend the money on anything and the taxpayer inherits the debt. In 2008, considerable amount went to banks that were deemed “too big to fail,” and during the plandemic, the taxpayer actually received 4% back from the money borrowed (with a payment at $600 a week for four months, people couldn’t or didn’t care to work, which destroyed the majority or small- and mid-sized businesses, while the corporate ones dealing in the same merchandise were considered “essential”), while the rest was spent on hospitals killing patients and a truckload of other criminal or fraudulent activities.
I know it sounds incredible, but the IRS is actually a private company, collecting federal income tax for the Fed. You can read the small print on their forms.
As of 2022, the United States Government is going bankrupt on schedule, intentionally, and at groundbreaking speed.
By 2030, according to the WEF’s promise (okay, it’s the same guys who own the Fed), “you will own nothing,” which means that the Fed is going to collect everything you own, because it was used as a collateral for the US government spending. How far can you sue a US government retroactively and where? It doesn’t matter, because the collapse is the objective; after that, the CBDC will come to your rescue, unless you want to starve or freeze to death.
Unsecured loans
Since around 1994, your bank deposit has not been your money anymore: you are issuing an unsecured loan to the bank. “Unsecured” means that the bank doesn’t guarantee that you will ever get your money back and it is exempt from any liability. Sue them, if you can, once they go out of business!
FDIC insured? No problem! If all banks went bankrupt today (and they WILL go “bankrupt” anytime soon), the FDIC could pay you 50 cents after every 100 dollars you’ve lost!
Now, credit card loans are also unsecured loans, but the “law” will go after you, if you don’t pay. US citizens have been arrested even abroad on international warrants for not paying a credit card debt. (It’s a minor detail that banks receive the money you are borrowing from the Fed at an interest and they lend it to you after receiving it with the stroke of a pen from the Fed for free or for not much more and they charge you, last time I checked was about a week ago, about 25% on average.) And you are not allowed to declare bankruptcy every few years, so mind your “medical” bills that are the most common reasons for bankruptcies. It’s only some seasoning on the pie that if you don’t pay your “federal” taxes, you will lose all your assets after five years.
Conclusion
You are, most of the time, are made liable for using unsecured loans.
When the government, banks, or Heaven forbid, brokers are doing it to you, good luck to you finding a lawyer and even more luck to finding a court, and you’ll need a miracle-ticket to another Universe, where you might win your case!
https://genearly.substack.com/p/feral-reserve-bankster-coup
This Fiat "money" Debacle and Economic Default is coming. How can it be avoided???
https://www.usdebtclock.org/
Please tell me How almost 31 TRILLION in DEBT is dealt with????
Thank you for Clearing up a long time question. Why and how were they going to take everything we own? Now it all makes sense.
‘ .....“you will own nothing,” which means that the Fed is going to collect everything you own, because it was used as a collateral for the US government spending.‘