Usury

The practice of lending money and demanding more returned than was loaned. See: Sovereign, Fraud, Odious.

Example - Law as it relates to usury The practice is deceptive in that it expands credit where no substance exists, the credit being the claimed interest. The return due the lender is the specie loaned, the principal. No additional specie is created by the loan. Once the principal is returned to the lender, there is no separated title interest in the specie belonging to the lender which is in the hands of the borrower. Thus, usury works a fraud. The credit represented by the fictitious interest demanded as a condition of the loan expands the currency base of the community, thereby causing inflation. Demand notes circulating with specie coins on par waters down the specie in direct proportion with the demand notes representing a fictional interest in specie, rather than actual specie coin good for delivery. This fictional money then competes with actual money and debases the circulating currency until there is no specie left to deliver in exchange for notes. Then, a bankruptcy occurs. The community enters a vassalage, and he who has the gold and silver becomes lord of a fiefdom. Since commerce must occur for people to live, a voucher system is created in which the lord has title to all the money and all the property, and all the people; and the people transfer possessory interests (custody) from one sub vassalage to another through officials of the lord called attorneys. Thus, wherever there is a practice of usury, there is either a lord of a fiefdom, or there soon will be, and wherever there is a fiefdom, it was obtained through fraud.