Funny Money

ABOUT

This song exposes the systemic flaws in the global money and banking system that relies upon ever increasing amounts of debt (as money) being created in order to sustain itself, though it cannot, as we are all ‘borrowed up’. Designed by the banking elite for their sole benefit, this Ponzi (pyramid) scheme, known officially as fractional reserve lending (FRL), is a mechanism for controlling the population and stealing their wealth by stealth. It is the primary cause of all economic problems on Earth today.

The song points a firm, accusatory finger at those who allow this immoral and fraudulent system to continue and leaves them in no doubt that we the people have had enough and will use our collective power to change the system. It is clarion call for an end to usury and a return to sound money, meaning money that has an inherent value (like gold) and that can only be used as a medium of exchange and store of future value.

THE TOP TEN REASONS WHY THE SONG IS CALLED FUNNY MONEY

• The money & banking system is a giant Ponzi (Pyramid) scheme:
  
  The fractional reserve lending/banking system that operates in most countries today is the world’s biggest Ponzi scheme (fraud) in which new debtors (borrowers) at the bottom of the pyramid are needed to support the creditors (lenders) at the top. Banks create money (credit) as debt with nothing more than accounting entries on computer screens. They are allowed to lend many times more than their capital reserves and thus counterfeit the money they lend on the strength of their borrower’s income, lifestyle and assets. In reality banks have little money to lend, though they do have many willing borrowers who technically, are the ones who create the money for the loan. However, banks only create the principal, not the interest that is also needed by the borrower to pay back their loan. This means that banks must find ever-increasing numbers of new borrowers to create enough money to cover the interest on the old loans that make up the money supply. This relentless search for new borrowers has gone on for so long now that the system has become irrevocably indebted to the bankers’ private money monopoly. This Ponzi scheme reached its mathematical limits in 2008 and had to be bailed out by taxpayers. But as regulators have not taken any meaningful remedial action since then, and the debt is significantly greater, an even bigger crash could occur soon because the real economy is still in recession, the debt interest payments are unsustainable, and thus any increase in bank base rates would only bring forward the day of reckoning.

• The intent behind and purpose of money has been perverted:
  
  The sanctioning of fractional reserve lending (FRL) with the founding of the Bank of England in 1694 enabled money to be used for purposes other than as a medium of exchange and store of future value. Hitherto, the amount of money in circulation was connected to the value of goods and services available. But FRL established a disconnect, as more money was being created (counterfeited) than there were things to buy. This excess money causes inflation, whereas with insufficient money you get deflation.

  The destructive effects of inflation on living standards cannot be overstated. Between 1913 and 2013 the value (in today’s terms) of one dollar fell to five cents. It is now (2020) less than one cent! Governments deliberately create inflation (and have a 2% annual target for it) in order to devalue their debts and disguise the true level of there overspending. Inflation is a tax that we did not vote for and is by far the biggest destroyer of the peoples wealth by stealth.

  “By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens … in a manner which not one man in a million can diagnose.”
  – John Maynard Keynes (World Famous Economist)

• Most money in use today has no real (intrinsic) value:
  
  Whereas in ages past people used barter and then gold and silver as a medium of exchange, today we use ‘fiat’ money, which is money that is worth what the government says it is worth, but nevertheless is money in digital or paper form that has no inherent value. In fact 97% of money in circulation is digital money i.e. money created on a computer screen when a loan is made. It is not real money like gold, nor is it backed by gold to any meaningful degree.

• Banks create and destroy money:
  
  The truth is that when a loan is taken out money is created and when it is repaid or written off, it is destroyed. If all loans were repaid tomorrow there would be no money left with which to buy and sell as the total level of debt in the world economy is far greater than the amount of money needed to be in circulation at any one time for the economy to run smoothly.

• Banks don’t lend you something of theirs, they lend you something that is already yours:

  Banks create money out of thin air as an accounting entry (simultaneously as an asset and liability) every time they grant a loan. But the bank does not give the borrower something that belonged to the bank in the first place, because the decision to grant the loan is based solely on the creditworthiness of the customer. In truth when we borrow the bank gives us something that is already ours (our creditworthiness) and charges us interest on it. Moreover, the bank has the right in law to distrain our goods (real assets) if we do not keep to the terms of the loan agreement. And, in the case of money borrowed on a pre-agreed overdraft facility, the bank can call in the loan at any time and seize our possessions if we can’t pay back in full what they say we owe them.

  Banking’s biggest secret is that all the money we have ever borrowed was ours to begin with.

• Money deposited in a bank belongs to that bank:

  Even though most countries have a depositor protection scheme where your money is protected by the taxpayer up to a preset limit (£85,000 in the UK), any amounts over that figure could be lost if your bank goes bust. Moreover, recent European Union legislation has paved the way for bank bailins whereby depositors with balances over a certain amount are liable to have money deducted from their accounts in order to recapitalise the bank, if it gets into difficulty. Depositors whose money has been seized become bond holders of the bank, though there is no guarantee that they will see their confiscated cash again! This happened in Cyprus after the 2008 crash.

• The Central Banks want to replace cash with digital money in order to establish absolute control over the global financial system and population:

  Presently about 3% of money in circulation is in the form of notes and coin, though that figure is falling fast as banks (in collusion with governments) are reining in the use of cash in order to gain absolute control over peoples’ lives as described in Revelation in the Bible below:

  “And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads. And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name. Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.” Revelation 13:16-18

  NB: In a private conversation with Nicholas Rockefeller in October 2000, the ‘Trading Places’ film producer, the late Aaron Russo, was told that the banking elite planned to get everybody fitted with an RFID electronic chip (implanted between the thumb and forefinger of the right hand) that without which they will not be able to buy or sell, or do anything important, as all their financial and personal information would be stored in it, and thus could be deactivated if people did not do what the elite wanted. This is the Mark of the Beast’ referred to in Revelation above. You can see the Alex Jones interview with Aaron Russo where he recounts all that he was told on You Tube at: https://youtu.be/iYeI6uRAqtc

  These RFID chips are being implanted in people who have undergone certain types of medical procedure that require ongoing monitoring, and several firms in Europe have had their staff fitted with them to aid internal security verification.

  EL-Lea-Eye Em’s song, Number of the Brand, contains more detailed information on the power elite’s plans for the ‘Mark of the Beast’.

• We never elected bankers to run our economy yet they do so through their control of the money and banking system:

  Bankers have grown inordinately rich making money out of money (usury) with profits coming mainly from activities that enslave people in an ever-increasing spiral of debt. The financing of the Napoleonic wars (all sides) by the Rothschild Family (and every major conflict since) has helped them amass a fortune, estimated by some at $500 trillion. Via their vast private banking network and dominant influence in many other areas of finance and commerce, including the gold market, the Rothschild’s effectively control the worlds fractional reserve lending system from the Bank of International Settlements (BIS) in Basle, Switzerland, which is known as the central bank of central banks. The nick-name for its head office building is the ‘Tower of Basel’ which symbolically links it to the Tower of Babel in ancient Babylon that was destroyed due to the iniquitous activities of its owner. Providing finance for speculation (gambling) in the City of London and Wall Street is another major area of banking activity, as is lending on property (mortgages) and big-ticket consumer items such as cars. Banks also finance student loans. Lending to businesses for productive activities that generate employment and create real wealth, currently accounts for less than 10% of the total.

  “If you allow me to control the nation’s money, I do not care who makes the nations laws because I know that I can control the nation through the money system.”
  – A. M. Rothschild (Founder of the House of Rothschild)

• The money and banking system does not serve the best interests of the people:

  “I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is now controlled by its system of credit. We are no longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men.”
  – Woodrow Wilson (The US President who signed the Federal Reserve into existence in 1913)

  The US Internal Revenue Service (IRS) was set up to collect income tax to cover the interest on the money loaned to the government by the privately owned Federal Reserve Bank (Fed). Abolishing the Fed, as president J. F. Kennedy attempted before he was shot, would enable the Federal government to scrap income tax and remove the burden of usury from the economy, which a german financial researcher has calculated adds around 40% to the price of goods and services.

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  “Of all the ways of organising banking, the worst one is the one we have today.”

  “The words ‘banking and crises’ are natural bedfellows.”

  “For a society to base its financial system on alchemy is a poor advertisement for its rationality.”

  “And it is hard to see why institutions (meaning banks) whose failure cannot be contemplated should be in the private sector in the first place.”

  “Ever since the Industrial Revolution we have not cracked the problem of how to ensure a more stable banking system.”

  “Change is, I believe, inevitable. The question is only whether we can think our way through to a better outcome before the next generation is damaged by a future and bigger crisis. This crisis has already left a legacy of debt to the next generation. We must not leave them the legacy of a fragile banking system too.
  – Mervyn King (Governor of the Bank of England (New York City, 25-10-2010)

• Fractional reserve banking was designed to transfer the people’s wealth to the bankers:

  “Banking was conceived in iniquity and was born in sin. The bankers own the earth. Take it away from them, but leave them the power to create money, and with the flick of the pen they will create enough deposits to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of bankers and pay the cost of your own slavery, let them continue to create money.”
  – Sir Josiah Stamp (Director of the Bank of England – appointed 1928. He was reputed to be the 2nd wealthiest man in England at that time. The Bank of England was privately owned until it’s nationalisation in 1947)

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  “Capital must protect itself in every possible manner by combination and legislation. Debts must be collected; bonds and mortgages must be foreclosed as rapidly as possible. When, through a process of law, the common people lose their homes they will become more docile and more easily governed through the influence of the strong arm of government, applied by a central power of wealth under control of leading financiers. This truth is well known among our principal men now engaged in forming an imperialism of Capital to govern the world. By dividing the voters through the political party system, we can get them to expend their energies in fighting over questions of no importance. Thus by discreet action we can secure for ourselves what has been so well planned and so successfully accomplished.”– USA Bankers’ Magazine, August 25 1924

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  In 1891 a confidential circular was sent to American bankers and their agents, containing the following statements:

  “We authorise our loan agents in the western States to loan our funds on real estate, to fall due on September 1st 1894, and at no time thereafter. On September 1st, 1894, we will not renew our loans under any consideration. On September 1st we will demand our money – we will foreclose and become mortgagees in possession. We can take two-thirds of the farms west of the Mississippi and thousands of them east of the great Mississippi as well, at our own price. We may as well own three quarters of the farms of the west and the money of the country. Then the farmers will become tenants, as in England.”Idaho Leader, USA, 26 August 1924

  – The above quotation was reprinted in the Idaho Leader, USA, 26 August 1924 (It has been read into Hansard twice: by John Evans MP, in 1926, and by M. D. Cowan MP, in the Session of 1930-1931)

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  “I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake up homeless on the continent their fathers conquered.”– Thomas Jefferson (Founding Father and 3rd American President)

 

 

KEY LESSONS/MESSAGES

1. Governments should only exist to serve the best interests of the electorate.
2. For a democracy to function properly the electorate must engage with the process by continually holding the government to account for its actions.Doing nothing is not a viable option as evil flourishes when good men stand idly by. It is only because we have been so accepting and unquestioning of everything that our governments have done, that the world is in such a mess now.
3. When people stand together they have real power.If seven and a half billion people stood up tomorrow and shouted: “We have had enough of your funny money, we shall make a world where real money rules” within a month it would be done and the smiles from all the happy faces would generate so much positive energy that the planet would be lifted up on its axis.
4. The Fractional Reserve Banking System is a Giant Fraud.It is the means by which the river of prosperity that was intended to flow with ever increasing force into the lives of everyone who multiples their talents, has been diverted into the hands of the power elite, whose plan is to control all the people and resources on this planet. Their money and banking system is the root cause of all our economic ills, and until it is replaced with a sound money system, based on gold, the economic situation will continue to deteriorate as the laws of disintegration bring this unholy edifice down.
5. The Laws of Disintegration dictate that anything created that is not in alignment with God’s Laws will eventually be returned to its base state, meaning that it will be ground into dust.This applies to any financial structure, economic policy or theory and man-made law as well as any idea or physical structure. There are no exceptions!
6. Private banks should not be allowed to create money.The Fractional Reserve Banking System is a perversion of the intention and purpose for which money was created as it disconnects the amount of goods and services available to buy from the amount of money in circulation. When this happens either inflation or deflation results, which deprives people of the abundance they are intended to have when they multiply their talents.
7. Usury is mis-creation, and thus contrary to God’s Laws.The purpose of money is as a medium of exchange and store of value. It was never intended that money should be made from money itself i.e. by charging interest, as it does not allow the usurer to ‘multiply their talents’ as explained by Jesus in his parable of the talents.
8. Fiat money is not real money. It is counterfeit money.It has no inherent value and thus is capable of being devalued over time as has been the case with every denomination of fiat money that has ever been issued. Real prosperity cannot be achieved without a return to currency fully backed by gold.
9. Gold is divine currency.Gold has inherent value and thus provides a hedge against the effects of inflation. Gold is made to grow in the ground and has many other qualities that are beneficial to our physical and spiritual well being that are explained in depth in the chapter entitled: ‘The Importance of GOLD’ in my book, A Golden Age Economy (pages 128-130)
10. God will not break his own Laws.When we construct a ‘tower of Babel’, meaning something that is not in alignment with Gods Laws it will be dealt in accordance with Gods Laws i.e. the Laws of Disintegration.

Recommended Further Reading:

• A Golden Age Economy by Kim Andrew Lincoln click here
• Babel’s Tower (The Funny Money Story) click here