Narrative Warfare: The Truth of Your Currency Breaks Containment At Last

In 2014, the Bank of England explained how your currency--wherever you are--is actually created. The article--"Money Creation in the Modern Economy"--is here if you want to read it in its entirety.

One common misconception is that banks act simply as intermediaries, lending out the deposits that savers place with them. In this view deposits are typically ‘created’ by the saving decisions of households, and banks then ‘lend out’ those existing deposits to borrowers, for example to companies looking to finance investment or individuals wanting to purchase houses.... Another common misconception is that the central bank determines the quantity of loans and deposits in the economy by controlling the quantity of central bank money — the so-called ‘money multiplier’ approach....

Lending creates deposits — broad money determination at the aggregate level

As explained in ‘Money in the modern economy: an introduction’, broad money is a measure of the total amount of money held by households and companies in the economy.

Broad money is made up of bank deposits — which are essentially IOUs from commercial banks to households and companies — and currency — mostly IOUs from the central bank. Of the two types of broad money, bank deposits make up the vast majority — 97% of the amount currently in circulation. And in the modern economy, those bank deposits are mostly created by commercial banks themselves.

Commercial banks create money, in the form of bank deposits, by making new loans. When a bank makes a loan, for example to someone taking out a mortgage to buy a house, it does not typically do so by giving them thousands of pounds worth of banknotes. Instead, it credits their bank account with a bank deposit of the size of the mortgage. At that moment, new money is created. For this reason, some economists have referred to bank deposits as ‘fountain pen money’, created at the stroke of bankers’ pens when they approve loans.

Just as taking out a new loan creates money, the repayment of bank loans destroys money. For example, suppose a consumer has spent money in the supermarket throughout the month by using a credit card. Each purchase made using the credit card will have increased the outstanding loans on the consumer’s balance sheet and the deposits on the supermarket’s balance sheet. If the consumer were then to pay their credit car bill in full at the end of the month, its bank would reduce the amount of deposits in the consumer’s account by the value of the credit card bill, thus destroying all of the newly created money.

Banks making loans and consumers repaying them are the most significant ways in which bank deposits are created and destroyed in the modern economy.

TL/DR: "Money" is debt. It's loaned into existence at interest by banks. Those banks never have the money on hand to cover all deposits, hence "fractional reserve", and therefore they have nothing of tangible value to consider (to lose) when making a loan contract. This makes ALL loans fraud because the "money" (currency; it has no inherent value, unlike gold or silver, which is what separates money from currency) literally does not exist until you agree to the loan; they literally make it up on the spot when they create the loan and then sucker you via interest into paying them more than you owe for the privilege.

Thanks to the God-Emperor, and his uncanny ability to get his enemies to reveal themselves Looney Tunes style in their attempts to destroy him, this is now reaching popular awareness. Bill Still and his cohort of dissidents are finally getting their day and their due for revealing this years ago.

And now the God-Emperor has control of the Federal Reserve, and through it the entire international central banking system. Ron Paul, once he runs the numbers, could not be happier- and neither is the ghost of Andrew Jackson, the man who destroyed the last major central bank in the U.S.