Save your money from the bank.
(Caution math lessons)
Why we are all the debt slaves of the bank. Complicated but important.
Amazon forces its customers to a credit card, otherwise they can not buy or sell anything there. The Amazon Visacard is not compulsory, but is given to us with a starting bonus of 30 €.
It is a classic trap, from which you can not get out and entangle yourself deeper and deeper.
If you look more precisely, you notice the usual debt trap: it is a credit.
Default setting: 10% amortization. That means, even if I only buy 10 € stamps with it, I have to pay in installments and the monthly interest rate of 14% is beaten. The more I buy, the longer I pay back and the more interest the bank gets. It is possible to make amortization to 100%.
The banks generally live off the stupidity of their customers, which borrow credits at an interest rate, from say we have a 14% fixed interest rate.
The interest formulas that are spread all over the world make it so confusing that no one can see how much money you have spent when you have borrowed € 1.
Again to Amazon. After a year credit card without which I can not sell anything at Amazon. I get new conditions sent. 14% interest on 10% amortization.
Let’s say I paid for 10 € stamps with it.
I then pay € 0.14 interest for the 1 month loan. 0,14 Euro per 1 Euro.
They let me but only 10% eradication, because I had not noticed before.
This means I am paying
In the first month for 10 € credit = 1.40 €
in the second month for 9 € = 1.26 €
|month||Credit / residual debt in €||Repayment 10%||Interest rates 14%|
Subtotal : After the 52nd month, 4.33 years, I paid € 15.0512135 interest and € 0.3761196322143187 € residual debt. So about 1.5 times the 10 € credit. And the 10 € not quite paid off.
10% of the residual debt are always 100% -10%, a residual debt of 90% remains from the previous amount. It is impossible to settle the debt with 10% amortization. A 100% redemption rate must be negotiated.
The chance to become debt free is only when I have enough money to pay back the remaining debt at once.
No normal person can see this by itself.
The fast available money of 10 €, which I would have loosely also so could pay, also with Hartz IV, must up to fold.
What I want to say:
It is that I have bought for 10 € stamps and estimated, only approximately, depending on the duration 25 € to pay the bank for it, if all my interest costs + the 10 € are added together. But I can never be debt-free, if I can not set the repayment to 100% of the residual debt. The stamps actually cost about 25 € and it is from the beginning, not clear whether this is true, because it is still important to the duration and the final eradication.
Sample credit of 10 €
How is the credit with 14% interest and 10% amortization
Credits K = 10 €
Repayment T = K x 10%
Hence K – T = R
Residual debt R = K x 90%
Interest = K x 14% = Z
To the bank are transferred in the month 1 24% thus 2.40 €. There remains the residual debt of 90% of the loan sum K. Repayment is 10% per month, which means in the month thereafter remain of the respective residual debt R 90%. This is recalculated in the following month.
The bank therefore has to pass 10% repayment + 14% interest rate = 24% a month, of which the bank deposits 14% as interest and 10% as repayment from the original loan sum and later the residual debt must be paid.
Most people take loans of several thousand euros and have the corresponding costs.
The bank has a Euro. So 1 €. It can lend the euro 10 times according to the banking law. (Information from the world economic crisis 2008, maybe it is now more) So they give to 10 people the credit of 1 €.
If I now have 1 € on the bank, 10 people can borrow it at the same time.
The chain letter system which makes the same is forbidden in Germany as a criminal offense.
Someone will write you a letter in which:
Give me 1 € and copy this letter 10 times and give it to your friends. Everyone who receives the letter will give you 1 € and you will receive 10 € for this. That’s what everyone is doing. If your friends join you, you win 10 €. The one who starts with it has won.
If people do not participate anymore, then you have given the euro away, but you will not get back and you are the loser, you pay the bill. Unfortunately such chain letters go around 50 to 100 € and all think they are rich with it.
But in the end many people will get rid of their say 100 € and have never received a value of 1000 € from the others. The next big banking crisis and the global economy are breaking down, because the bank is not only illegal for the bank, it is also supported by the political system, and Merkel is driving taxpayers with us so that the banks of Greece can get their money back 10 € per awarded 1 € get.
The Greek bank rescue ruins the entire system of the country of Greece at the expense of the population, who must pay for these debts and interest as well.
The bank robbery:
Since there are some people in the world who know that their € 1 has been lent out 10 times by the bank, they know that the bank does not have the registered fortune of 10 €, but only 10% of it 1 €.
Whoever thinks the bank is soon broke, the Euro prefer to take off so he is not lent ten times and she will definitely get him back. It is so that every Euro we have on the bank is owned by the bank and is not our property. The bank then has the right to keep it, if it is broke, it does not give it anymore.
The bank run
Bankrun happens when everyone has understood this and all of them get their money at the same time. The bank has only one for the awarded 10 € and only one will get his money back. All others were stolen. To prevent bankruptcy, banks want to ban people’s access to cash.
Because many people prefer to have their own money, they now want to abolish the cash and force us to give the bank our money. It is then owned by the bank. We may then work for the interest levied against which we can not defend ourselves. At most we change the bank from time to time.
In addition, the Federal Government of Germany decided a few days ago that they are allowed to lock our accounts at any time and so can helplessly dispossess us by 1 mouse click and so to speak the moneyeuthanasia. This is, of course, only for criminals, those who can land in jail without reason, because someone does not like their nose.
We shall, therefore, become bank slaves in the future, and we can not have an overview of interest and credit. At the middleschool, interest calculation is not taught in this way. You can only learn at the economy highschool or with a banking apprenticeship. Our children are not prepared for such mafia structures at school. This is not intended at all. Exactly as little as there are tax declarations or the legal conditions for business opening up. People should be working bees whose money is pulled out of their pockets with these tricks, they have no chance.
All our houses are highly indebted. Your purchase price will be refunded up to 10 times by each new buyer to the bank. The owners of the country are really the banks. You have the right to pledge and sell all property on every non-payment. All they’ve heard of us so securely. The bank always wins.
Who are the super-elite elites that dominate all of us? The banks.
The bank plans to abolish the cash. The policy is used for this purpose. Interest rates are rising, account management is charged and it can not be paid without a card. The correct mark of the animal, however, will only be when we are all forced to implant the bank card into the hand, via microchip. These plans were regarded as conspiracy theories for many years. This word: conspiracy theory, was the predecessor propaganda word for fake news. That is, what the government and the banks and the CIA, which made this word, do not declare true, is considered false.
In the meantime, the preparations are so far advanced that the implanting chip is advertised openly.
The revelation of John is a very cryptic, prophetic, and sexist script, arbitrarily altered by churchmen, but it remains a grain of truth. John saw all this in the future and warned us.
” 16 And it is that the little ones, the great, the rich, the poor, the free and the servants, all give themselves a mark on their right hand or on their foreheads, 17 that no one can buy or sell; the mark, namely, the name of the beast, or the number of his name . “( The Revelation of John)
© August 22, 2017 Author: Mrs. Juliane Arnold. Stuttgart, Germany.