However, there is a simple process that used to be practiced during the Middle Ages that removed all debts instantly and declared all outstanding debts void... It was called Jubilee, and it was practiced regularly at approximately 7 year intervals. All debts were instantly reset to zero!
History has shown that the nations that practiced the concept of Jubilee did not perish, but prospered!
The process of Jubilee was stopped shortly after the Rothschilds seized control of European banks, and put all nations of Europe under their private banking debt system that put these nations under their control since. No nation has practiced Jubilee in over 500 years due to their control!
Would a Jubilee hurt a nation? NO. Here is a great article that I found that explains the process of Jubilee and its results in very simple terms:
Tuesday, February 3, 2009
Jubilee Would Not Destroy the Economy
Fundamentally, debt is currently destroying our economy. Specifically, speculative debt. Jubilee would excise the cancer of debt from our economy.
Jubilee would not destroy the money supply. Jubilee means that all moneys currently on deposit, would stay there. Money, even in the form of a credit deposit, would not be destroyed. Jubilee just means that you would not have to pay it back.
Your house, free and clear.
Your car, you own with no need for another payment.
The stuff you bought with your credit card, yours with no need for repayment.
The line of credit given to you stays in your account.
But doesn't that wipe out the banks? No, obviously not. Your savings account is still sitting there, in trust with your bank. Same with your IRA, your 401K, and your pension. In our modern Jubilee, they will all be backed, secured by the government.
That is the part that people have the hardest part understanding. They just don't get that in our paper money system, the only guarantee of the money is the government itself.
Jubilee just means freedom! All assets in the whole country, owned free and clear. That simple. Business can continue on, just as before.
Some minds immediately wonder: "But what about all the money people owe me? My business can't continue unless I get that money!" But upon deeper consideration, that is simply not true.
All business is immediately given a start-over pass, with NO OUTSTANDING LIABILITIES! Business will have to be conducted on a sustainable basis: out of savings and cash flow. If your business generates cash flow, it will survive. If you need a loan, as a money-making venture, banks will give it to you. But it will be done out of real wealth based on accumulated savings, not false wealth based on speculative debt. Your business will also have a nice cushion, as its rent and other credit payments just dropped to zero.
Jubilee means a reset of the economic system: generate cash flow and you will be just fine.
There is only one class of economic activity that will be wiped out by a Jubilee: that of the economic parasite. Specifically bankers and landlords. Many of them will have to find something actually productive to do, rather than live off the sweat and toil of others. Both would exist after a Jubilee, no doubt to eventually increase their power again, but Jubilee would hit them hard, and rightly so.
Jubilee would not destroy the money supply. Jubilee means that all moneys currently on deposit, would stay there. Money, even in the form of a credit deposit, would not be destroyed. Jubilee just means that you would not have to pay it back.
Your house, free and clear.
Your car, you own with no need for another payment.
The stuff you bought with your credit card, yours with no need for repayment.
The line of credit given to you stays in your account.
But doesn't that wipe out the banks? No, obviously not. Your savings account is still sitting there, in trust with your bank. Same with your IRA, your 401K, and your pension. In our modern Jubilee, they will all be backed, secured by the government.
That is the part that people have the hardest part understanding. They just don't get that in our paper money system, the only guarantee of the money is the government itself.
Jubilee just means freedom! All assets in the whole country, owned free and clear. That simple. Business can continue on, just as before.
Some minds immediately wonder: "But what about all the money people owe me? My business can't continue unless I get that money!" But upon deeper consideration, that is simply not true.
All business is immediately given a start-over pass, with NO OUTSTANDING LIABILITIES! Business will have to be conducted on a sustainable basis: out of savings and cash flow. If your business generates cash flow, it will survive. If you need a loan, as a money-making venture, banks will give it to you. But it will be done out of real wealth based on accumulated savings, not false wealth based on speculative debt. Your business will also have a nice cushion, as its rent and other credit payments just dropped to zero.
Jubilee means a reset of the economic system: generate cash flow and you will be just fine.
There is only one class of economic activity that will be wiped out by a Jubilee: that of the economic parasite. Specifically bankers and landlords. Many of them will have to find something actually productive to do, rather than live off the sweat and toil of others. Both would exist after a Jubilee, no doubt to eventually increase their power again, but Jubilee would hit them hard, and rightly so.
NTS Notes: We definitely need a new Jubilee to end the grip of the Rothschilds enslavement over us. Private fractional reserve banking leads to ruination, and any nation that has practiced the Jewish method of Usury either goes bankrupt, or all through history has expelled these criminal bankers from their countries! Talmudic Jewish history is one of expulsion from host countries due to their monetary practices. These practices must be halted.
It may not solve all problems in the world today, but the concept of a new Jubilee would not hurt!
More to come
NTS
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