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Is it the end of the present financial system? www.michaeljournal.org

"As Clifford Hugh Douglas, the founder of the Social Credit school, said: "The Money Power does not, and never did, want to improve the money system — its consequences in war, sabotage and social friction are exactly what is desired." Why? It is because the Financiers believe that they are the only ones capable of governing mankind properly. They want to bring every nation in the world to such a state of crisis that these countries will think they have no alternative but to accept the solution of the Financiers to save them from disaster: complete centralization, a single world currency, and a one-world government, in which all nations will be abolished, or forced to give up their sovereignty.

The real solution would be for each nation to be truly sovereign and issue its own debt-free currency, which would not stop commerce between nations, but even make it easier. But this is not what the Financiers want: they claim that for a global problem, there can only be a global solution (a single world currency)."

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"Contemporary World economy is a sophisticated form of economic slavery – it operates by way of deception, and oppression. By establishing and propagating "free and fair market" at the same time violating it by imposing legal obligations on humanity to accept the use of fraudulent money with no intrinsic values as legal tender, heaven is only achievable when one succumbs and submits to usury – these days commonly known as a profitable business and {banking} system of the lending of money on interest regardless of the rate of interest. It also includes transactions that are based on deception which grants the deceiver a profit or gain to which he is not justly entitled.
Wealth no longer circulates throughout the economy but only amongst the wealthy. The rich are permanently wealthy, and the poor are imprisoned in everlasting poverty. Whilst the wealthy remains at the apex of Heaven, the unfortunate descends into such destitution broiling in social ills – from anarchy, violence, suffering and destruction of values, and often times, faith. They are condemned from the beginning to be enslaved so that others may live off their sweat, and blood in splendor. Whilst the wealthy invisibly control the markets through proxy and deception, they control governments of the contemporary world."

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