Allow me to share the story of a man named Mr. Yuh. At 21 years old, Mr. Yuh lives with his parents in a quiet suburb. He is the only child of Mr. and Mrs. Yuh, and today marks a momentous occasion—he has graduated from university and is preparing for his wedding next month. It's a day of celebration for the family. His parents, having finally retired, are also rejoicing, as they have successfully paid off their 30-year mortgage.
Senior Yuh dedicated 45 years of his life to working. Of those 45 years, he spent 11 and a half years paying taxes, meaning he essentially worked 33 and a half years. Early in his career, Senior Yuh made a bold decision to purchase a home for his family in a desirable neighborhood, valued at $200,000. The real estate agent hailed it as a "bargain." Now, after 30 years of mortgage payments, Senior Yuh has paid the bank a total of $431,851.53, including both principal and interest. While the value of the home has risen substantially, they do not plan to sell, as they intend to live in the home for the remainder of their lives. In this way, Senior Yuh has provided the bank with a significant return.
In contrast, Junior Yuh and his girlfriend are also looking to purchase a home and take out a personal loan to begin their new life. They approach the bank, where they secure a loan of $500,000 at an interest rate of 8% over 30 years. However, the bank needs to find the funds to provide this loan, which it does by borrowing from the Reserve Bank at a lower interest rate, typically around 3%. This enables the bank to profit by charging Junior and his girlfriend a 5% spread.
But where does the Reserve Bank source its money? It, too, must borrow funds to support the country's economy. The Reserve Bank borrows from the World Bank at a rate of 0.5%, as the World Bank holds the legal authority to print money—often referred to as "legal tender." Unlike the past, this money is no longer backed by gold or any other asset but is managed through supply and demand. Though many believe the World Bank exists to support economic growth, the reality is more complex: it is privately owned by a group of wealthy businesses.
The concentration of global wealth remains firmly in private hands, an outcome driven by a law passed after the American Revolution—a law crafted not by lawmakers, but by businessmen. The Federal Reserve, for instance, creates money, lends it to countries, and in doing so, creates debt that cannot be repaid. This results in perpetual interest payments, and those who must make these payments—countries and their citizens—become trapped in a cycle of debt.
It’s easy to believe that politicians hold the reins of power, but in truth, the creators of money wield the true power. And when one has all the money in the world, it’s no longer about money alone—it’s about social control. The movement toward a global government is already in motion, one where individuals will continue paying off debts for the rest of their lives, and their children will inherit this same burden. The control of wealth lies in the hands of a select few, who perpetuate war, destruction, and the rebuilding of nations, all of which require vast amounts of money.
So, what can be done to break free from this cycle of slavery? The answer may lie in creating a society where the pursuit of wealth is no longer the driving force. But is such a society possible?
By Retnesh Raj
Comments
You are on the right track watch the movie about Zeitgeist movement. It is so true. We are all fckn slaves. But are too ignorant of it, we have created a society that looks up to wealth and we to fullfill that desire create false wealth by taking huge loans and thus living in debt and making these controller richer by the second....good one, write more