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MMJ 20230614
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An industry that is earning RM44 billion profits per annum
An industry that is earning RM44 billion profits per annum, roughly on average RM4.4 billion per bank or USD1 billion per bank per annum is being treated by the media as a sick industry with low profit margins that needs to be nursed back to health. To what health? To RM88 billion per annum!
We must no longer treat these kinds of reports as innocent. It is part of the long time global brain wash by the Riba masters for us to accept the banks' compulsory profitability. Why must they always be profitable? Because they are the payment system of the nation. (Ignore, hide the international monetary reformists' call for a sovereign money system!)
International banks operating as they are, are the outlying support for the continued existence of the mother lode or mother ship, the Federal Reserve. Stripped of the veneer of disguise, in simple words, the Federal Reserve allows its owners, the 5 notorious American banking families to create world money out of thin air at the snap of their fingers.
Banks on the other hand are given license to create money also out of thin air and engage in a no-lose business of lending with interest. Academia then for a very, very long time breeds Economics and Economists to provide a veneer of respectability to this blatant theft and fraud. After centuries of this fraud, we live as dulled and duped unthinking humanity who accepts the system as an unchangeable fait accompli system.
Who says the conspiracy are only in vaccines and big pharma?!
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Dikemaskini [Updated]: Sam Ahmad 20230627