Modern Money Mechanics

When we refuse to pay a bill requested by a bank for our labour-earned profit in exchange for their monetized credit (aka nothing) i.e. a credit card bill, we are not acting in any way unlawful. In fact, by not contracting with these fraudulent theives we are upholding the law. The banks cannot validate the debt because they never sustained a loss; they cannot verify any claim against us because we are not the NAME in which the banks are billing. They cannot produce a copy of the contract because one doesn't exist. What exists is an unenforceable UNIlateral contract. What the bank refers to as 'your contract with us' is not a valid BIlateral agreement since the four requirements of a lawful, binding contract were not met on the credit card 'application', namely:
1. Full Disclosure (we are not told that we are creating the credit with our signature);
2. Equal Consideration (they bring nothing to the table, hence they have nothing to lose);
3. Lawful Terms and Conditions (they are based upon fraud); and
4. Signatures of the Parties / Meeting of the Minds (corporations cannot sign because they have no right, or mind, to contract as they are legal FICTIONS)

"The actual process of money creation takes place primarily in banks ... bankers discovered that they could make loans merely by giving their promise to pay (the fractional reserve system), or 'bank notes', to borrowers. In this way banks began to CREATE money. Transaction deposits are the modern counterpart of bank notes. It was a small step from printing notes to making book entries crediting deposits of borrowers, which the borrowers in turn could 'spend' by writing checks, thereby 'printing' their own money."

'Real' money does not exist anymore; for money to be 'real' it must be based upon substance i.e. gold, silver, etc. What we think of as 'real' money is only borrowed into existence; it doen't exist until someone borrows it. If in this debt-based economy all that exists is the money that is borrowed, then where is the 'interest'? It doesn't exist. Because the supply of our conceptual dollar must constantly increase to attempt to fill in the hole that 'interest' creates, The value of what we call our 'intrinsic wealth' must become devalued and this is why we have inflation. The currency we use is based upon our FUTURE labour which the money issuer has promised to the banksters. It also does not yet exist. Future generations are already enslaved to pay debt which does not exist. Plus how can we pay debt with something of no substance value?

What if you found out that everything you ever needed or wanted was already paid for? - that you didn't OWE anyone anything? When you go into a store to buy a book and you pay in whatever manner you choose, what do you get for the payment? No, not the book; you get a receipt. The evidence for this is that the dollar amount on the receipt matches precisely the dollar amount on your payment. It is an exact exchange. The book is not even part of the equation. It was pre-paid; all you did was go to the store to claim and retrieve it. In order to understand the concept of ‘pre-paid’, imagine this:

Suppose you want to open a restaurant and you just need another $10,000 and so you ask a friend to lend it to you. Knowing that there is no money and the currency your friend has is essentially worthless compared to what he truly wants in his life, he sure wouldn’t mind lending it to you. So after a couple of months you ashamedly go to him and say that there is no way you can ever pay him back, what with interest and all, yet you are so ingratiated to him you tell him that he can eat in your restaurant any time he wants – for free. Not only that but also you would be so grateful if he would because, alas, it would assuage your guilt. All he is required to do when the waiter presents him with an itemization of his meal is to sign it; he is not required to pay for his meal – its ‘prepaid’.

In the same way, our bills are already paid and, in fact, the corporate entity which is billing us would be only too grateful if we would take advantage of our having prepaid them because then they wouldn’t have to pay the tax on the money we send them. So all that is required of us is to sign the invoice and return it to them. The telephone company is funded by the government; you and I, and everyone who has a birth certificate or socialist number have funded the government. So, we have an ‘exemption’ the same way your friend is exempted from paying for his meals at your restaurant. Why is the telephone company sending us a statement (not an invoice) with a ‘amount owing’ on it? We paid up front. All goods and services are now lawfully ours just for the asking.