Stop investing in the bank with your hard earned money. The
money transfer using bank system must first be slowed down and stopped. Use bank
only for debt.
Don't deposit in banks, Don't approach bank to save your money, Approach bank only for debt like the rich
1. The bank will give you less interest on the money you
deposit. By the time you payout, the inflation will eat up all the interest
what banks showcase and some of the invested money eaten as hidden charges other
to government as tax. What banks actually do is lend your money to the city and
earn more interest + other many hidden charges. The difference in interest is
profitable for the bank. Bank borrowers need to increase profits in their
business if they want to repay the loan with higher interest rates, i.e.
increase the selling price of the products they produce (ex: vegetables, meats,
fruits, etc…) You are the one who started the inflation by saving your value
lessening money in the bank and bank makes the same expensive. The interest you
get monthly from the bank will go right up for the inflated price. You are in
furiously brain washed state so that you will start to think. If, i had not
deposited money in the bank, i could not be able to withstand this price rise.
Please at least understand now that banking is the main cause of that price
rise. “That is why banks have 100’s of
branches and lakhs of employees”.
Don't deposit in banks, Don't approach bank to save your money, Approach bank only for debt like the rich
2. First of all do
the banking system is correct? Not at all. Suppose, for example, that
the Reserve Bank prints 100 crores. 10 National Banks lend 10 crores each. The
ten banks have to pay back Rs 11 crores which includes interest after two
years. If the ten banks give 11 crores, the total should be 110 crores right.
The total amount printed was 100 crores only. How come 110 crores would be
given back if no more currency notes? If that were the case, the nine banks
would have received eleven crores from people. The rest of the one bank will
only pay one crore rupees in interest and change the interest rates on its
loans and put the 10 crores burden on the people. Then the Side effects include
foreclosure of peoples property. Confused? You
would have ignored the bank if it was easy to understand? That is why
banks follow this ambiguity.
Don't deposit in banks, Don't approach bank to save your money, Approach bank only for debt like the rich
3. What to do with
money then? Banks past these years had “made you believe” that bank is safe, wise to keep money and
increases value of money Bull xxxx. Take Bill gates, warren buffet, Ambani,
etc... Their bank account will only be in debt. Because, it is foolish to keep
profits in cash and especially in bank. It is wise to put money in the value
products, business, real estate. Middle class idea is to keep money in bank, sad
news is because of inflation created by bank will eat your growth. Plan and
start a business. Make an investment. Profit or loss will be in your hands,
some strategy is with you, for the business to succeed. Please try again &
again. Invest on some good business ideas given by known person, and give
credit to the person for starting business as partner. Because Reliance's 501
scheme failure became stepping stone for Jio's success. Depositing money in a
bank is tantamount to letting yourself down on your life. It will inhibit not
only personal growth but also countries development.
This is the rapid theft of the banks, which slowly pilfer
your owned assets and financial independence from you, auction off your
properties. Increase inflation (price of all products) and prevent growth.
Food, clothing, shelter all three are essential for life.
But if we look at our lives, we know that luxury products are dominating more.
Live like our ancestors who were never dependent on
government or MNC employers. The government’s begged them for anything that’s
why those days 1 USD = 0.50 Rupee. Educated slaverism are going on. We are the
one’s who can’t even save our ancestors land. But they do saved and increased
their properties.
Don't deposit in banks, Don't approach bank to save your money, Approach bank only for debt like the rich
“Government is made
to save us instead we are saving unhealthy fat government. While government is
holding the power to print currency why do they take more money from us in every ways even for depositing money we pay charges, what a shameful educated people
we are”.
Well said, I appreciate you reminded us the truth about the present system and at same time explained, what our ancestors did to keep our economy stronger than U S A.
ReplyDeleteGood post will come back often to this blog, I have bookmarked it.
ReplyDeleteSuper article, good information
ReplyDelete