...this leads to the revelation of the big scam.

Now I'm gonna write this post as simple as i can so as to convey a well-digested understanding to all readers


Heartbreak 💔 Story time:

Imagine a Country (and for the sake of this demonstration, we'll call this country X and we'll use the naira # sign )

Now imagine this country X with no single money in its account decides to borrow #500 from a lender. The lender agrees to borrow on the condition that country X pays an interest of 30%(that is #150 interest). So logically, if country X wants to pay back the lender, country X must pay back #500 + #150 = #650

Now the BIG question: Where is country X gonna get #150 from. Remember country X is broke and broken

So country X then decides to borrow the #150 from another lender so as to pay back the first lender but this new lender says his interest rate on his loan of #150 is 50% (lolzzz. Mr Shylock)

What this means for country x is that if country X wants to borrow #150 from this second lender charging 50%, it must pay back an interest of #75 totaling (#150 + #75= #225)

country X agrees to this terms. It collects the #150 and pays lender 1. Thats plus lender 1 principal of #300. so the total country X paid back to lender 1 is #450.

So now there is no money in country X pocket BUT THERE IS A DEBT OF #225 which is now owed to lender 2

But guess what now

if country X now owes lender 2 #225. Where is it gonna get that money from now huh. Remember it has paid lender 1 and by so doing, created debt in the form on lender 1 interest of which it cant get the money for anywhere

interesting story now huh. lets see how it goes

so country X now decides to approach lender 3 to borrow #225 so as to pay lender 2. but this lender 2 tells you her interest is 40% on loan of #225

that means borrow #225 to pay back #315

country X being desperate, agrees..

so now #225 is with country X gotten from lender 3. it pays back lender 2 its #225 and now it owes lender 3 #315.



Now country X approaches lender 4...and the story goes on and on. a vicious cycle on rinse and repeat

Now i left out some parts at the very beginning of this story which i'm gonna be revealing now

The country X in this story is not just a single country.
Its the hundreds of countries operating on a Debt based Economy system.

We're talking Nigeria, United States, Japan, Canada...oh boy...you name it...any country using a debt bsed system falls inside this list

Remember i called this a Heartbreaking sad story right

You'll know why now.

There is always debt in the economy. Heck! There is ALWAYS GOING TO BE DEBT IN A DEDT-BASED ECONOMY so much that if country X pays back the principal on the First loan - the very first initial loan in this story, there would still be an interest of 30% which is #150 that country X has to worry about

So much that if the principal on the first loan was paid, we would have only 30% of it in circulation BUT WE WONT BE ABLE TO SPEND THE MONEY BECAUSE ITS DEBT.

so before the first principal is paid, more has to be borrowed first and for that borrowed money to flow into the economy, the interest rate have to be reduced.
That's why the moment the interest rate of the dollar or a major cirrency goes down to encourage borrowing from it citizens, the price of Bitcoin and gold rises. Because the citizens that borrowed that money have pumped it into Bitcoin and gold as a means to save that money.

They're wrong. Cus everyone is thinking like them. They only hedged against inflation. THEY DID NOT NECESSARILY MAKE PROFIT unless the profit percentage beats inflation percentage. Sleep on that or ask questions. Up to you

Moving on...
Now even if someone is soo benevolent as to help out country with the 30%, now guess what - we now owe this person #150. i wonder how much this benevolent person interest rate would be or what this person would ask for in return. That is still debt itself

In a Debt Based Economy, the moment all debt is paid ie principal PLUS interest, then there will be NO SINGLE MONEY in the economy, hence its name DEBT-BASED ECONOMY.


This is how Nigeria economy has been operating before you were born and THIS IS WHY NIGERIA TAX YOU and will tax your future generations to come - your innocent bouncing babies ...your business and everything you will ever own - you are taxed as a means for Nigeria to recuperate the Principal ITSELF on the first loan. And now we aint even talking about the interest. Just the principal borrowed itself. Think about it. All those omo onile on the street...your company tax etc

Nigeria feels it did you a favor by borrowing money FOR YOU, its citizens so much that they agree to the outrageous interest rates ontop of loans they borrow

You wanna know why?

Because you, its good citizen, will pay back all the outrageous interest on these borrowed loans IN FORM OF TAX

TA-DA! lolzzzz i'm not supposed to be laughing in this serious relationship but it is what it is.

and Nigeria aint the only guilty party. The United States amongst others is among too

Or haven't you noticed. The greater a country's borrowing, the higher its tax placed on its citizens and citizens business Ta-da! and the lesser a country's borrowing, the lesser its tax on citizens. Do your research. Come and prove me wrong here.

This has been the Big picture right before your very eyes but they just try to blurrrrr the picture. Thats why Henry Ford said and i quote:

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning"


lolzzzz. Again, Sorry

But this aint enough to cause a revolution. No. this is the icing on the cake. The real cake is HOW IS THIS MONEY THAT IS BEING BORROWED EVEN CREATED IN THE FIRST PLACE. Truth is stranger than fiction, trust me sis. Between us girls...

Remember dollar is not backed by the gold standard courtesy of the Thoughtfulness and kind heart of US President Nixon. He's dead now so don't hate him. Waste of hate on the dead I'm telling you

Money is not backed by anything just a belief that it WILL be accepted by traders/people using it to do business. Thats why its called FIAT currency: backed by authority and decree and law that it is the standard. lolzzzz. hmmm

The real cake is, what if i told you my amused readers now, that the dollar we as Nigerians are worried about was just created out of thin Air poof!

what if i told you that the united states government OWES the united states itself and not anybody else.

what if i told you that the fall of the dollar is gonna trigger the rise of the naira. what if i told you that the fall of the dollar is already happening...its slow BUT ITS SURE.
(hint: because if foreign currency falls, dollar rises, and if dollar rises, ALL FOREIGN CURRENCY FALLS. why because all world currency is pegged against the dollar and the dollar is pegged against nothing. Unless fhe currency decides to depeg itself)

*** and i know the naira has been depegged from the dollar but if the dollar falls its still gonna be good for the naira because Nigeria by virtue of not being a strong export country and local-production-encouraging country YET will need dollar AND if Nigeria can purchase more dollar with just few of its Naira, it will reduce the pressure on more naira chasing few dollar. and this can be done up till Nigeria imports what it needs to become an exporting country.***

moving on...

what if i told you that the same system that is responsible for the fall of the dollar inflation-wise is the same system that Nigeria saw to adopt. Ouch!

Hint: Fractional Reserve Banking. What GTB, Access, UBA, Zenith, Wema, Polaris and other banks use to same the living daylight out of you

What if i told you there is a world right before your very eyes that is alive: breathing, listening to this conversation, feeding and nourishing itself EVERY SINGLE DAY

WHAT IF I TOLD YOU THAT YOU CAN SEE THAT LIVING BREATHING WORLD

stay tuned for part 3 of my Wealth Series
It's gonna be a riidE

As you were Fellas.

So much wisdom. So much privileged knowledge for me. Thank you.

You're welcome. Castro316
Please share so this piece can reach as many people as possible

castro316:
So much wisdom. So much privileged knowledge for me. Thank you.