Why Private Central Banks Supported the Covid Pandemic and Pandemic Debt Spending
Executive Summary
- Central banks like the US Federal Reserve, the Bank of England, and the European Central Bank, which are all controlled by private interests, are paid interest whenever the government incurs debt and promote the accumulation of more debt, which is why they were so much in favor of COVID debt spending.
How the Pandemic Led to a Massive Increase in Government Debts
Video on the UK debt.
What this video points out bout the COVID pandemic is that it was used as an excuse to greatly increase government spending and increase debt in many countries, and that years after the pandemic is over, the overspending and the accumulation of government debt have continued. Interesting about the COVID pandemic is that it was used as an excuse to greatly increase government spending and increase debt in many countries, and that years after the pandemic is over, the overspending and the accumulation of government debt have continued.
The Long Term Consequences of Financial Actions Taken in Response to the Fake Pandemic
The legacy of the fake pandemic has so many negative outcomes that often aren’t considered when analyzing all of the mistakes that were made.
Central Bankers (and Private Bankers’) View on the Fake Engineered Pandemic
As most central banks are private, this increase in debt is promoted by private central banks, which collect interest on the debt, as private banks have stolen the right of seniorage from the government through legislation.
Currently, around 40% of all taxes go to private interests that own debt that would not need to exist if each central bank were actually part of the government.
This means that private bankers with any connection to central banks would have never actually cared if the pandemic was real, because they had a financial incentive to promote the pandemic. This means that private bankers with any connection to central banks would have never actually cared if the pandemic was real, because they had a financial incentive to promote the pandemic.
The Inability of the US to Pay Down Its Debt After the 1913 Federal Reserve Act
Notice that after 1913, when the US Federal Reserve was created, handing over seniorage to the private bank called the US Federal Reserve, the U.S. debt, not in absolute terms, but as a percentage of GDP, never returned to normal levels.
121% Versus 90% Debt to GDP Ratio
This graphic is from July 2014, so five years before the COVID pandemic, which means that our present debt, as a percentage of GDP, is far higher than what is shown here due to COVID spending (among other things). This graphic shows a forecast of the debt-to-GDP ratio being roughly 90% in 2026. However, the actual debt-to-GDP ratio in 2026 is 121%. That is a massive increase over the forecast.
There is a great deal of discussion about reducing the U.S. federal debt. However, because the U.S. has outsourced its central bank to private banking interests, it never benefits from the debt being reduced. There is a great deal of discussion about reducing the U.S. federal debt. However, because the U.S. has outsourced its central bank to private banking interests, it never benefits from the debt being reduced.
Conclusion
When a government gives away its right of seigniorage to a private central bank (with the vast majority of the public having no idea that this was done), it invariably faces constantly growing debt, which the private banking interests have every incentive to promote, as they are paid the interest on this debt. I also refer to this form of central banking as “Jewish Central Banking” as Jewish banking interests have been the most prominent supporters of this central banking system, and Jewish banking interests have gone to war to keep a Jewish Central Banking system or to stop the opposite system, called the social credit system or debt-free central banking, from being implemented.
The Jewish-Controlled Bank of England — Controlled Beginning in 1700
The most aggressive proponent of this banking system has been the Bank of England, which, through Alexander Hamilton, promoted this private central banking system in the US with the First Bank of the United States.
Private Jewish Central Banking as an Invisible Tax
This debt is a form of invisible taxation, which is completely unnecessary if the government simply maintains its right of seigniorage. When a government gives away its right of seigniorage to a private central bank, it invariably faces constantly growing debt, which the private banking interests have every incentive to promote, as they are paid the interest on this debt. This debt is a form of invisible taxation, which is completely unnecessary if the government maintains its right of seigniorage.
