Howard Switzer
1 min readApr 2, 2022

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At what point does responsible debt turn into debt bondage? A good queston. What many don't realize is that the banks create the money they loan simply by typing the numbers into the ledger, thus all money is created as debt for profit. This is the definition of usury, the abuse of monetary authority for personal gain. Banks should supply credit the way people imagine they do, by lending out existing deposits of government created money. But governmnet creates no money, it merely manuafactures the currency for the banks. Those who dominate the banking system have global power to fund wars making money off of both sides, while extracting the wealth of the world. The dollar is the reserve currency and they built the US military to enforce it. I think they have now ficured out how it is better to do it with more than one reserve currency. Thus alll the chess board maneuvers.

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Howard Switzer
Howard Switzer

Written by Howard Switzer

Howard Switzer is an ecological architect and monetary reformer in rural Tennessee.

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