The Bank Pyramid Scheme.pdf

8/16/2019 The Bank Pyramid Scheme.pdf

1/11

4/13/2016 The Bank Pyramid Scheme

http://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/

HOMESurvival LibraryCATEGORIESDiscussionSurvival BlogrollSTORESearch MSB

Bookmark us and come back to visit sometime...55 Preparedness Items 21 Popular Preps People Ar e Buying Preps On This List

The Bank Pyramid Scheme

February 10, 2015, by Ken Jorgustin

87Recommend

Tweet

1

The bank works by way of a pyramid scheme, one which is deceptively legal – although if you or I, or any business tried this, we would be jailed for fraud.

If you ever wondered how the bank system works (in layman’s terms), here’s one explanation…

The banks count on the following assumption:That most people won’t figure out the apparent Pyramid/ Ponzi scheme.

While you might think that after you’ve deposited your money, that your money remains in the bank – you would be wrong…

Fractional Reserve Banking

The bank begins the pyramid scheme by taking your deposit (which you might think goes into the vault) and they loan most of it out. In fact, generally, withsome variation, for every $1 dollar that you deposit, the bank will loan out approximately $10. In other words, the bank uses your deposits to loan out more(way more) than they have in reserves in order to make big profits. This is ‘Fractional Reserve Banking’. The banks only keep a fraction of the overall

http://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/http://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/http://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/http://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/http://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/http://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/http://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/http://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/http://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/http://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/http://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/http://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/http://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/http://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/https://twitter.com/intent/tweet?original_referer=http%3A%2F%2Fmodernsurvivalblog.com%2Fsystemic-risk%2Fthe-bank-pyramid-scheme%2F&ref_src=twsrc%5Etfw&text=The%20Bank%20Pyramid%20Scheme&tw_p=tweetbutton&url=http%3A%2F%2Fmodernsurvivalblog.com%2Fsystemic-risk%2Fthe-bank-pyramid-scheme%2Fhttp://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/http://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/print/https://twitter.com/intent/tweet?original_referer=http%3A%2F%2Fmodernsurvivalblog.com%2Fsystemic-risk%2Fthe-bank-pyramid-scheme%2F&ref_src=twsrc%5Etfw&text=The%20Bank%20Pyramid%20Scheme&tw_p=tweetbutton&url=http%3A%2F%2Fmodernsurvivalblog.com%2Fsystemic-risk%2Fthe-bank-pyramid-scheme%2Fhttps://www.pinterest.com/pin/create/button/?url=http://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/&media=http://modernsurvivalblog.com/wp-content/uploads/2015/02/the-banking-pyramid-scheme.jpg&description=The%20Bank%20Pyramid%20Schemehttp://modernsurvivalblog.com/preps/emergency-preparedness-supplies-people-have-bought-during-2014/http://modernsurvivalblog.com/preps/21-popular-preparedness-products/http://modernsurvivalblog.com/preps/55-preparedness-items/http://modernsurvivalblog.com/http://modernsurvivalblog.com/modern-survival-connection/http://modernsurvivalblog.com/search-msb/http://modernsurvivalblog.com/survival-store/http://modernsurvivalblog.com/survival-blogroll/http://modernsurvivalblog.com/discussion/http://modernsurvivalblog.com/categories/http://modernsurvivalblog.com/survival-library/http://modernsurvivalblog.com/http://modernsurvivalblog.com/


2/11


http://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/ 2

money on hand.

An effect of loaning out ten times more than the bank has in reserves, the money supply is increased – created out of thin air. Poof.

This scheme works only so long as people don’t start asking for their money back. Oh by the way, the money you deposit in the bank is technically nolonger yours anyway. During the recent G20 meeting of NOV-2014, apparently the member nations decided that your bank deposits will become propertyof the bank if a crisis takes it down (a bail-in).

To visualize Fractional Reserve Banking, think of a pyramid upside-down, with bank assets being a small point at the bottom while all the debt and loansare piled on top.

How easy would it be to fall over due to some small ‘breeze’?

Central Banks

The ‘Federal Reserve’ is the Central Bank of the United States. It is at the center of our financial system. They print money (currency), they control interestrates, and they loan money to commercial banks. Today’s interest rates for such transactions are near zero (given the perpetual state of our current economyand the apparent necessity for ZIRP – zero interest rate policies). Today’s ‘Fed Funds Rate’ is 0.25%.

By the way, today’s ‘money’ (currency) is actually called ‘Fiat’. A fiat money system is one of paper dollars with zero backing except the government’s promise to pay (e.g. no gold backing up the dollar).

The Central Bank (The Fed) lowers the interest rate when the economy is slow, with the intent to stimulate more borrowing (the system NEEDS MOREDEBT to stay afloat). Today’s (near) zero interest rates and easy credit (easy money) have resulted in more speculative risks (bubbles) than even before the2008 ‘crash’. In other words the pyramid is even more top heavy than ever before…

Derivatives

Sitting on top of the inverted pyramid of the banking system are the Derivatives. Similar to Fractional Reserve Banking, it is yet another scheme in which bankers gamble huge amounts of ‘money’ with only tiny (fractional) underlying assets. I read a description once which stated, “Think of a dollar bill in aHall of Mirrors. There is only one dollar, yet there appears to be hundreds more. Bankers can use these hundreds of dollar bills, even though they are notreally there.”

Thoughts

When you think about today’s ‘dollar’, the unit in which we are required to trade and exchange our work and productivity for, it is interesting to visualizehow we are actually exchanging a piece of essentially valueless paper.

http://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/http://modernsurvivalblog.com/current-events-economics-politics/new-banking-rules-will-devastate-depositors-as-your-money-becomes-theirs-in-the-next-crisis/


3/11



I read this recently (a comment on zerohedge.com) which I found enlightening:

I’m a Banker. For those of you that haven’t yet figured out the scam, let me explain it to you.

Let’s say I have some sand I can loan you with interest. But I won’t accept the interest payments (sand) from any other source than mine, because all other sand is counterfeit under my laws. Only my sand will be acceptable as interest payment. Which means you will have to borrow even more of my sand, in order to pay me back the interest (in sand).

You don’t have to be a genius to figure out that it basically means you will never be able to get out of debt, unless of course, you forfeitsomething of value of yours in exchange for my sand.

Which is my intention all along – to steal your land, resources, your labor, your flesh and all your assets. Oh, and to pay me rent. And taxes.

Given the apparent impending toppling of the pyramid (it’s inevitable, isn’t it?), I personally feel safer by eliminating debt (mine is all gone – although ittook hard work and time), and exchanging these pieces of fiat paper for hard tangible assets. Assets which will help me in my self reliance, self sufficiency,and sustainability – while leaving enough for the tax man…

Related Posts:

Fractional Reserve

Currency: A Scam, APyramid Scheme

Become Your Own

Central Bank

US, UK, Europe,

House of Cards on aWindy Day

Iceland Fires a Shot

at World Banksters

28 Comments

Vote: Click here to vote for Modern Survival Blog as a Top Prepper Web Site

1. Lone Wolf says:February 10, 2015 at 2:10 PM

Damn good article explaining the banking system/fiat currency schemes in the most simple layman’s terms.The day of reckoning will inevitably come…Thanks Ken.

Reply2. Satori says:

February 10, 2015 at 3:46 PM

If You Listen Carefully, The Bankers Are Actually Telling Us What Is Going To Happen Next

http://theeconomiccollapseblog.com/archives/listen-carefully-bankers-actually-telling-us-going-happen-next

“Are we on the verge of a major worldwide economic downturn? Well, if recent warnings from prominent bankers all over the world are to be believed, that may be precisely what we are facing in the months ahead. ”

and if you are a believer in Biblical prophecythe book THE HARBINGER by Jonathan Cahn is quite interestinghe is saying that another major financial collapse will occur before the end of this year,starting in September

Reply pasron says:February 10, 2015 at 8:01 PM

If your not a believer in Biblical prophecy reading The Harbinger might make you one! Good read.

Reply3. cossack55 says:


Good brief and succinct summation, Ken. But, alas, it is just the tip of the pyramid:

http://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/?replytocom=1161029#respondhttp://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/?replytocom=1160897#respondhttp://theeconomiccollapseblog.com/archives/listen-carefully-bankers-actually-telling-us-going-happen-nexthttp://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/?replytocom=1160834#respondhttp://www.topprepperwebsites.com/vin.php?s=msbhttp://modernsurvivalblog.com/current-events-economics-politics/iceland-fires-a-shot-at-world-banksters/http://modernsurvivalblog.com/the-economy/us-uk-europe-house-of-cards-on-a-windy-day/http://modernsurvivalblog.com/the-economy/become-your-own-central-bank/http://modernsurvivalblog.com/the-economy/fractional-reserve-currency-a-scam-a-pyramid-scheme/


4/11



http://www.zerohedge.com/news/2015-02-09/how-wall-street-broad-daylight-took-over-us-government

and the band played on.

Reply4. TPSnodgrass says:


Yes, the article is indeed correct. Now, by law, banks are supposed to be at a 10-1 asset to loan ration, in other words,they can lend out $10 for every$1 dollar “on deposit”. However, according to my next door neighbor, who works seizing the assets of underwater banks, most banks are at leastdoing the 20 to 1 ration. this means we are far more screwed than even the Federal Reserve is willing to admit.

So, by his count, most banks are hopelessly under capitalized for their FDIC “insurance requirements”,. Also, the FDIC is indeed under-capitalizeditself, so that in effect, only the Congress can authorize further printing of money to “insure” those deposits “lost” or at risk, in under capitalizedinstitutions.Gee, it’s a good time to keep cash and your real assets OUT of the banks and financial institutions.

Reply5. Ancona says:


As soon as Greece defaults and leaves the EU, the derivatives bomb will promptly go off.

The columns of smoke will be visible for miles. There will be nowhere safe to hide if you are a banker or broker, and rightfully so.

Now…..where did I leave my pitchfork??

Reply6. Andy says:


I saw on a site where the next big financial downturn would happen during Rosh Hashannah , we will be in the time when we are expected to let thefields lay fallow with no reaping or sowing and all old debts are to be forgiven , this is the Seventh year , if ya’ll look back 2008 was seven years agowe had financial trouble , if ya’ll look beck in history 1929 was the Seventh year time , and the downfall happened during Rosh Hashannah , that timis September . Myself feel that this is Biblical Prophcy as you can see there is the proof in our previous financial problems , I can’t say how bad itmight be but it does look like we might have problems , also I do not believe any good economic news that comes out of DC , I also look at and ask why has the US government bought so much Survival type food along with major food supplies bought lately , also all of the large ammo purchases ,is it that they know that the financial sector is heading for a downfall ? Be prepared and ready . Keep your powder dry .

Reply7. anony says:


re: the G20 decision, do you know if that impacts only traditional brick & motor banks (BofA, Wells Fargo, etc)? Or if it would also include creditunions? Or non-traditional banks (Captial One, Discover Card) or something like PayPal’s “account” balance?

Would your cash be more secure in a “contractually obligated” CD vs a checking/savings account or would it not make a difference?

It’s all just 1s & 0s anyway, but I’m wondering if one is slightly better than the other (or more likely to give you a day “head start” to get your stuff out of there while everyone else is in line at the local BofA).

The sad truth is it’s near impossible for the average joe to avoid banks these days. Either their job will *only* pay them via direct deposit, &/or it’sthe only way to pay bills. Few places will let you go to the location & pay via a check in person – fewer will take cash. This seems to be becauseeither there is no local office anymore, or there is one but they’re not allowed to touch the money anymore because it’s supposed to get shipped tosome head office out of state. Many companies & utilities are trying to heavily discourage me from using my paper checks (“to save theenvironment” or “save you a stamp” = save us money) & want to pay online only. Even my rent is forcing us to pay online (via echeck or credit cardwith fee) instead of check in the mail or in person with cash. Before that edict officially started we were “forced” to pay online since if you mailed thcheck they’d sit on their a$$ & not go to the mail box until after the 1st had passed so you’d be late in payment despite the post mark! Say goodbyeyour credit rating & hello to penalty fees & possible rent raise or eviction! what’s the saying? slowly raise the temperature on the frog & he won’tnotice he’s being boiled?

…you’d almost think there was some conspiracy afoot to force everyone to put their money in the banks only to have a couple of zeros taken off theend be taken off overnight or to start some global digital cash tracker system where you couldn’t by or sell without it…

Reply8. sureshot says:


Excellent information. People really need to take off the blinders. Our government has sold us out again. Once again I invest in precious metals,bothlead and brass. Last count about 350000.

Reply9. Sgt Bill says:


I place more value on old baseball cards than on the US dollarWhat to do?

http://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/?replytocom=1160977#respondhttp://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/?replytocom=1160952#respondhttp://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/?replytocom=1160932#respondhttp://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/?replytocom=1160926#respondhttp://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/?replytocom=1160915#respondhttp://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/?replytocom=1160903#respondhttp://modernsurvivalblog.com/preps/the-average-gallons-of-water-people-consume-each-day/


5/11



Soundest advice is get out of debt and stay out.Buy and store food and supplies as insurance against rising prices.Join with others that you can trust.Pray and obey the God our nation used to trust in!



FOURTH TURNING – THE SHADOW OF CRISIS HAS NOT PASSED – PART TWO

from theburningplatform.com/

“The dominoes are beginning to fall. The initial spark in 2008 has triggered a series of unyielding responses by those in power, but further emergencies and unintended consequences juxtapose, connect and accelerate a chain reaction that will become uncontainable once a tipping point isreached. The fabric of society is tearing at points of extreme vulnerability, with depression, violence and war on the foreseeable horizon. Mr.President, the shadow of crisis has not passed. The looming shadow of crisis grows ever larger and darker by the day as this Crisis enters the mostdangerous phase, where the existing social order will be swept away in a torrent of carnage and ferocious struggle. We are not a chosen people. Weare not immune from dire outcomes. There are evil men wielding power and influence over our nation and their actions could lead to tragicconsequences. The future course of our country hangs in the balance, as Strauss & Howe so forebodingly warned in 1997:”

Reply11. Ken Jorgustin says:


Henry Ford once said this:

“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution

before tomorrow morning.”

Reply12. Ken Jorgustin says:


The following report from KingWorldNews.com sums up what I’ve been following and believe to be accurate as of this moment in Europe…

7 Terrifying Warnings That The Greek Disaster Is Now Set To Catapult The World Into A Global Meltdown

Reply Beano says:February 10, 2015 at 7:44 PM

Here’s the most important quotes out of those articles.

Quote : The EU President just said that ‘Greece risks bankruptcy if they continue with the strategy.’

Well, Varoufakis responded, ‘We are already bankrupt.’

It’s actually refreshing to hear a finance minister admit that a country is bankrupt, especially since virtually every major Western economy,including Japan, is bankrupt. There are a lot of finance ministers who should own up to this. And isn’t it fascinating that a relatively smalleconomy can now take a bankrupt world down?” Unquote.

Virtually every western country is bankrupt.Society is being held together by central banks kicking the can down the road. The can is getting too big to kick.It’s inevitable that the economic ship is going down.

Reply13. me says:


NRP, Sounds like you won’t be getting the social security retirement and that I won’t be getting it much longer. I did take it early because I doubted

that it would be around into my old age. I did manage to get myself mostly debt free. I still owe about 6 grand on the car. Does anyone know how thawould work? If my balance is still in the black when the to big to fail does, can I still write checks to the other bank to pay for my car?

Reply14. Chamele0n says:


FRN are payment for debt. If there is a collapse, I plan on selling a few guns and a little food to pay off my house (debt). The loan is in dollars. Whendollars are worthless, I will have my house paid off! Did I mention my wife makes bread from scratch? A loaf of bread went for hundreds of thousands of dollars in other 20th century collapses. We will be rolling 8 the worthless dough.

Reply15. Stardust says:


I have warned my family about this who believes I am living alone in the forest too long as a crazy woman. They don’t believe it. Now the banks

http://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/?replytocom=1161111#respondhttp://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/?replytocom=1161049#respondhttp://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/?replytocom=1161022#respondhttp://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/?replytocom=1160995#respondhttp://kingworldnews.com/7-terrifying-warnings-greek-disaster-now-set-catapult-world-global-meltdown/http://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/?replytocom=1160992#respondhttp://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/?replytocom=1160988#respondhttp://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/?replytocom=1160983#respond


6/11



HAVE to collapse in order for me to get my credibility back.

ReplySpooky says:February 11, 2015 at 3:00 AM

There are those who will believe that you are crazy for participating in a forum like this one. The guv for example. Living alone in a forestdoesn’t sound all that bad to me.

Reply16. anon says:

February 11, 2015 at 8:00 AM

the banks, and the federal reserve brought us the greatest prosperity the world has ever known. how can anyone blame the banks when we are theones that placed ourselves in debt to them? We over burdened ourselves with easy credit and keep up with the Jone’s mentality: Is that not our ownfault: Really!

Reply17. NRP says:


@meYou may be absolutely correct, but retirement is starting to look better and better all the time. Actually been searching the “net” for that little 10 acrespot on a river to build that “last house”.

NRP

Reply18. The Wiseman says:


When TSHTF, expect “the gvt” to come down hard. Remember that Roosevelt in 1934 made the ownership of gold by US citizens illegal, with a$10,000 fine and 10 years in jail. http://en.wikipedia.org/wiki/Gold_Reserve_Act . You won’t be able to buy/sell gold for anything. Have a secretstore of cash hidden in your basement? The gvt. will declare “old” cash illegal and not usable in commerce; new cash/vouchers will be issued weeklyWithout the average citizen’s ability to “call a cop” when he needs it, expect desperate folks to try to enter your house, steal your goods, and take youkids hostage, for what they desperately need. As soon as it becomes clear that the cops won’t come to help you, and the supermarket shelves areempty and there is no gasoline at the station and the electric, water & sewer aren’t working (look for that two or three days after SHTF), you aregoing to be at war with your neighbors for whatever you have stocked up. Don’t bother planting a garden, the neighbors will steal it the night beforeyou harvest it. Ditto raising chickens, goats, etc. Beware roving, starving bandits. If you can’t control & protect what is yours, you’re sunk.

Also, forget that “hoarded” stash of food, water and guns – “the gvt” will declare Martial Law the day after SHTF and the day after that, anybody“hoarding” more than three days worth of food must voluntarily turn it in; “trucks will visit each street in Happyville USA, collecting “excess foodand water”. Armed soldiers will then “examine” your house for anything that you “forgot”. Of course all guns & ammunition must be turned in “on

pain of death”. A couple of homeowners shot on each street in town will soon having the toughest ex-SEAL outside on his front lawn with his armsfull of shotguns and deer rifles, waiting for the next truck…

Better work through this in your minds, folks! It’s going to be really, really bad for most of us and worse, if war is declared with Islam at the sametime. Look up the Book of Matthew, Chapter 24 for a preview.

ReplyStandfreeman says:February 11, 2015 at 6:43 PM

Hello Wiseman, Commenters will disagree with you: saying there are not enough military and LEO’s to carry out the actions you haveitemized. As you say all they need to do is make examples of a few individuals and see how the sheeple fall over themselves. Don’t think it canhappen. Remember the door to door home ‘invasions’ of police during the Boston Marathon bombing.

Regarding the gold, silver, cash absolutely be out of debt. In addition remember in times of great upheaval small gold coins have been a meansto bribe your way to safety. Black markets for essential goods will arise and pre-65 US coinage may allow you to make purchases. Just be sureof those you do business with are not agents of the government.

Please be aware of events around the world. The price of apathy can be death. Preparation must take into consideration even the unthinkable.

Replydave says:February 12, 2015 at 1:16 AM

have to disagree, people will not be so willing to give in so easyundergrounds will be formed,



“the banks, and the federal reserve brought us the greatest prosperity the world has ever known”

sure they have

Greece Says ‘No’ To Fake Bail-Outs

http://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/?replytocom=1162167#respondhttp://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/?replytocom=1161904#respondhttp://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/?replytocom=1161674#respondhttp://en.wikipedia.org/wiki/Gold_Reserve_Acthttp://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/?replytocom=1161656#respondhttp://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/?replytocom=1161524#respondhttp://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/?replytocom=1161313#respondhttp://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/?replytocom=1161162#respond


7/11



http://www.zerohedge.com/news/2015-02-11/greece-says-‘no’-fake-bail-outs

Reply20. charles says:


In the article it says the Federal Reserve prints money. This is done by the US Treasury Department through the Bureau Of Engraving And Printing.

Reply Ryan says:February 11, 2015 at 7:11 PM

Every US dollar in circulation is printed as Federal Reserve Notes which can be seen at the top of every US dollar.

The US Treasury is obligated to print money at the demand of the Federal Reserve.

Reply Jerry says:March 21, 2015 at 8:19 PM

The U.S. Treasury is NOT obligated to print money at the demand of the Federal Reserve.

The 12 Federal Reserve Banks place orders with the Comptroller of the Currency. After reviewing the requests, the Comptroller forwardthem to the Bureau of Engraving and Printing. The Federal Reserve Banks then distributes the new currency for the U.S. TreasuryDepartment.

Reply21. Ponzi scheme says:


I just woke up to realize how big of a Ponzi scheme the banking system is. It’s a debt driven society perpetrated by the federal reserve. It’s design is keep the government and individuals in debt forever. So the government gets money from the federal reserve that it has to pay back with interest, thein order to pay back the original interest it has to borrow more. Sounds just like the payday loan schemes. Then there is fractional banking so the

banks lend out money it don’t have.

I say F the elite and let WE THE PEOPLE withdraw the money from the banks and watch this diseased corrupt temple fall to its knees. Since 90% othe money in the bank actually does not exist. And NO there will be no borrowing money to bail out the banks for money that never existed. As if noI am filing chapter 7 and will never go in debt again.

Reply

Add a COMMENT

Vote for Modern Survival Blog as a Top Prepper Web Site

Our TERMS OF USE & Comment Policy

Please stay on-topic as best you can...

For off-topic (open-forum) discussion, visit the most recent 'Weekly Preparedness' post

Name/Alias or Comment Title

Email (will not be shown) (optional)

Submit Comment

Most Recent Comments

http://modernsurvivalblog.com/discussion/http://modernsurvivalblog.com/tag/weekly-preparedness/http://modernsurvivalblog.com/rules/http://www.topprepperwebsites.com/vin.php?s=msbhttp://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/?replytocom=1165867#respondhttp://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/?replytocom=1200486#respondhttp://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/?replytocom=1161926#respondhttp://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/?replytocom=1161903#respondhttp://modernsurvivalblog.com/systemic-risk/the-bank-pyramid-scheme/?replytocom=1161708#respondhttp://www.zerohedge.com/news/2015-02-11/greece-says-%E2%80%98no%E2%80%99-fake-bail-outs


8/11



http://readymaderesources.com/http://firesteel.com/http://www.campingsurvival.com/lifestraw.htmlhttp://www.silver.com/


9/11



First Aid Kit Review 10 Ad-on Items

http://modernsurvivalblog.com/survival-kit/10-first-aid-kit-ad-on-items/http://modernsurvivalblog.com/health/best-first-aid-kit-2014/http://www.amazon.com/gp/product/B0043X5WK8/ref=as_li_ss_tl?ie=UTF8&camp=1789&creative=390957&creativeASIN=B0043X5WK8&linkCode=as2&tag=modesurvblog-20http://www.campingsurvival.com/fishantibiotics.htmlhttp://www.augasonfarms.com/http://www.goldeneaglecoin.com/http://www.jmbullion.com/http://readymanstore.com/products/readyman-wilderness-survival-card


10/11



RAB 'Stealth' Motion Light Review

'Best' Flashlight Review

3 Best Emergency Radios

We entered way late... so need a boost! ^

Browse Modern Survival Blog

Survival & Preparedness

for Life, Disaster, or even SHTF

http://www.topprepperwebsites.com/vin.php?s=msbhttp://www.amazon.com/gp/product/B00CYW3EVO/ref=as_li_tl?ie=UTF8&camp=1789&creative=390957&creativeASIN=B00CYW3EVO&linkCode=as2&tag=modesurvblog-20&linkId=BAZDWW5QQA3HODW2http://modernsurvivalblog.com/communications/3-best-emergency-radios-for-around-50-bucks/http://www.amazon.com/gp/product/B00OJZOOLI/ref=as_li_tl?ie=UTF8&camp=1789&creative=390957&creativeASIN=B00OJZOOLI&linkCode=as2&tag=modesurvblog-20&linkId=4DZBBCXAJGJG5BLBhttp://www.amazon.com/gp/product/B00009V2YV/ref=as_li_ss_tl?ie=UTF8&camp=1789&creative=390957&creativeASIN=B00009V2YV&linkCode=as2&tag=modesurvblog-20http://modernsurvivalblog.com/preps/best-flashlight-2014/http://www.amazon.com/gp/product/B00C30LIU6/ref=as_li_tl?ie=UTF8&camp=1789&creative=390957&creativeASIN=B00C30LIU6&linkCode=as2&tag=modesurvblog-20&linkId=UNZNPAFYDSHUT6ORhttp://modernsurvivalblog.com/security/the-best-outdoor-motion-light-for-your-home-security/http://www.amazon.com/gp/product/B000W3YI26/ref=as_li_ss_tl?ie=UTF8&camp=1789&creative=390957&creativeASIN=B000W3YI26&linkCode=as2&tag=modesurvblog-20


11/11


CATEGORIES RECENT COMMENTS

Articles of interest…

11 Popular Tools For Outdoor Survival A List Of What People Are Buying Best Weather Radios (+ Reviews) Best Rechargeable Batteries Best Solar Battery Charger Outdoor Security Lighting

55 Preparedness Items Best Flashlight

© Modern Survival Blog

All Content on This Web Site Copyright 2010-2016 All Rights Reserved - ModernSurvivalBlog.com

Thanks in advance for adhering to the doctrine of 'fair use' copyright law.

Privacy Policy

Disclaimer

Home | About | RSS Feed | Subscribe | Advertise | Contact

emergency-survival-preparedness

Survival blog topics for a life of preparedness and risk awareness; emergency and disaster or threats thereof.

MSB

The content on ModernSurvivalBlog.com is general information and opinion, and provided "as-is" without warranty. Any author of content appearing onModernSurvivalBlog.com may or may not have a financial interest relating to any referenced company. The advertisers appearing on

ModernSurvivalBlog.com may or may not share the opinions of any content on this site. The reader is responsible for any and all actions and consequencethereof resulting from information or advertisement on ModernSurvivalBlog.com.
http://modernsurvivalblog.com/email-us/http://modernsurvivalblog.com/advertise/http://modernsurvivalblog.com/msb-email-subscription/http://modernsurvivalblog.com/feedhttp://modernsurvivalblog.com/about/http://modernsurvivalblog.com/http://modernsurvivalblog.com/disclaimer/http://modernsurvivalblog.com/privacy-policy/http://modernsurvivalblog.com/preps/best-flashlight-2014/http://modernsurvivalblog.com/preps/55-preparedness-items/http://modernsurvivalblog.com/security/the-best-outdoor-motion-detector-light/http://modernsurvivalblog.com/alternative-energy/a-good-solar-power-battery-charger/http://modernsurvivalblog.com/preps/aa-rechargeable-battery/http://modernsurvivalblog.com/weather-preparedness/weather-radio-reviews-2013/http://modernsurvivalblog.com/preps/emergency-preparedness-supplies-people-have-bought-during-2014/http://modernsurvivalblog.com/preps/11-most-popular-tools-for-outdoor-survival/http://modernsurvivalblog.com/discussion/http://modernsurvivalblog.com/categories/

The Bank Pyramid Scheme.pdf

Documents

Transcript of The Bank Pyramid Scheme.pdf