So, since six thousand years or so ago, we have had immensely wealthy 'kings' and enslaved populations. If you particularly like others' palaces and pyramids, you can call this civilisation, but as a diet pyramids somehow lack something: you can't eat many pyramids. And as slaves and the poor do not carry much practical emulation-value, the history books carry no record of how many in their millions starved and died to support this or that well-recorded 'king' or 'king-emperor' or yea even 'god-king-emperor' and their invisible puppeteers. - Yes, as we still see today, if we look.
So, together with the invention and installation of 'royalty' and their use to produce 'wealth' and ease for their inventors and installers, we have the invention of 'politics' and particularly 'party-politics' to entrance and control the populations while the fatuous royals loll, receive, contemplate their 'sovereignty' and hold the populations' adoring attention, and an invisible few wax fat.
Mostly it went well enough for the manipulators. After all, if you worked for your 'majesties', who could touch you? Usury was the usual game, fleecing the sheep, though occasionally 'their majesties' got above their station and butted in to spoil the game by limiting the usualury interest rate to a measly fifty percent per year - or by default per day. And, of course, regular profitable wars on an ambitious international scale became the norm.
Fractional Reserve Lending
Ah yes, something must be made to yield a hundred percent, even per annum, come what may.
In the past, as today, people were led to believe that gold had 'value'. Of course in reality it is just a soft yellow metal, and its 'value' is a fiction, but folks will believe anything if you say it winningly enough. Some had gold and were fearful that others might covet it and take it. So they had to hide it or otherwise secure it. Those who had a strong enough house and would guarantee its security, could charge you for holding your gold. They gave you a receipt for your gold, and their main 'interest' was in what they could charge you for holding it. You could even use this receipt as a thing of supposed 'value', by which you could buy and sell things from and to any sucker you could similarly convince of its value.
However, these 'canny or kenny (= dishonest)' gold-holders soon realised that not all the owners of the gold would come to inspect their gold every day, and in any case, one ingot looked identical to another. So they took to selling the gold and issuing receipts and charging 'interest' for gold they no longer had, thus showing themselves however-many-hundred percent their nerve let them produce, and they banked on this producing fortunes, and it did. However, fear of discovery finally resolved as 'honest banking' the limitation of this to only nine times the amount that they were holding in reality, which is also their actuarial indication of the degree of honesty of these folk - i.e. their nine-to-one bet against being found out.
So, according to 'good banking practice', if you want a mortgage you must put down ten percent of your own money. This then 'legally (= what they say)' enables the banker to invent the other ninety percent to lend you. No, he does not have this money in reality. It does not exist. He literally invents it: literally he falsifies its existence with his ink and with his word. This nine-to-one-against and falsification tells you all you need to know about a banker's word. Wall Street's? - a thousand to one against belief. Their ultimate bosses'? - Billions! But you believe them, innocent credulous Reader. You always do. You even believe 'their money' has 'value'!
In the contract for your loan, by the way, you will see it mentions 'a consideration'. This specifically indicates that the banker has this reserve of money to lend you. However, as we see, the reality is that he does not, the basis of the 'contract' is false and you are under no 'legal' obligation to repay any 'capital and interest' on a fiction. I just mention this for the next time any banker tried to dun you for 'debt' with his fiction of finance, forecloses on you with his lying 'legal contract' and tries to toss you and your real family into the unwelcoming street in order to take the reality of your house. Go to court, tell the judge what is going on, and if he happens to be honest he will find in your favour and castigate the banker. If he is not honest, well, with the inducements to dishonesty on offer to them these days, we are hardly surprised.
Change for the even Worse
Then there came to the money-men a creeping disaster. In the same way that they had achieved social ascendancy by infliction of the fiction of money on the populations via the notion of 'kings', some interlopers who had converted to the religion of usury a thousand or so years back, now invented the idea of lending to - and so screwing - countries rather than individuals. They did this by bribing anyone necessary, or otherwise disposing of resistance by blackmail and murder or - where necessary - war, just as we see today.
They infiltrated their members into every influential niche of nations' societies all around the world, principally via the installation of 'Central Banks'. As in banking, your 'Central Bank' similarly has nothing. It is the fictitious entity of master criminals, installed by hook or by crook, politics or conquest, blackmail and murder, and it invents the money that - less 'retentions', of course - it lends to your governments' 'treasuries', which lend it to the dishonest bankers, who multiply it and lend it to the employers, who have their workers work for it, who have to have the money to buy food which now costs money, and to pay 'interest' on mortgages. But you are taxed and you have to pay for everything you need simply to support and enrich - just 'for being there' - the diseased family that owns all these 'Central Banks' and will kill or have killed you and anyone else that tries to stop them. Now, you have to admit, that is pretty diseased.
Your taxes of all kinds, including those on everything you buy, are now paid to their Central Bank, and it LENDS this back to your country at interest for your infrastructural needs(3). In your opinion, is that either honest or sane?
The 'Central Banks', by the way, have their Headquarters in 'The Bank for International Settlement' in Basel, Switzerland, and it claims immunity from law and inspection just because IT says so. Yes, that is what we call effrontery and an example of their brazen cheek that they call 'chutzpah'.