Crime Against Humanity: the Holy GAAP, 4

As an aside, the real reason, and the real importance, of providing loans is that that is the mechanism devised by bankers to the purpose of not only creating purchasing power out of nothing, but of obtaining that simultaneity, that concealment, and that not accounting of active occurrence to conceal that creation, too. In the same vein it could be said that the real reason, and the real importance, of acceptance of deposits from the public is most definitely not to have funds to loan, as what the bankers loan they create out of nothing in the very act of loaning it, but it is to build up the formal reserves to build their houses of rigged cards upon.

And indeed with good reason one should wonder how come that the bankers’ house of cards defies the ravages of time as much as and even more than the pyramids of Egypt. Quite puzzling, until one recollects that old saying, “There’s none so blind as those who will not see…”

So the question here is, what is it exactly that which those who will not see refuse to see? Or, perhaps more exactly, what legal screens do those who will not see set up to pretend there is nothing to see and to impede other people from seeing, exactly?

Conceptually speaking, the legalisation of each step in the sequence of these consecutive receiving stolen goods is simple and logical: taking the United States as an example, in 1964 the Chairman of Banking and Currency Committee of the House of Representatives, Wright Patman, explained in a Congressional document how, in essence, the Constitution gives the right to create money to the Congress, and the Congress delegated it to the banking system.
To delegate means transferring to others some of one’s power while setting the rules on the basis of which such others shall use that power; but beyond a certain measure to delegate can begin to mean outright transferring to others one’s very power to set the rules.