READERS’ FORUM
READERS’ FORUM
Comments under 300 words, please. We cannot engage in correspondence but do appreciate your contribution. We do not publish insults or attacks against other readers. Points should stand on their own merits. You are welcome to express your religious views but not to criticize the views of others. Our mission is to unify our readers, not divide them. Send comments here.
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GLAD TO BE IN THE FREEDOM NETWORK
2016 June 3 from David Schmitt, Ph.D.
I have just signed up and am glad to be in the Freedom Network. I picked up The Creature… from some JBS folks several years ago. I recently saw you [GEG] featured again in a film by Free Minds in OKC. You have helped me in my coming out of Plato’s allegorical “cave with shadow pictures.”
I look forward to becoming progressively more and more involved. I hope to write book on the inside workings of bureaucratic tyranny. My audiences are both the general public and, specifically, young people who need to re-conquer government from the inside. That is not a perfect solution, but it is another important phalanx, I believe, in the battle.
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CAN ANYONE ANSWER THESE CHEMTRAIL QUESTIONS?
2016 May 28 from Ewen Chan
Mr. Griffin:
My undergraduate research was in chemical warfare agents in chemical and biological defense, and I am about to set up a CFD simulation to test this out. Can you please tell me which atmospheric mass transport model I should be using? Also, what’s the density, surface tension, etc. of this stuff that they’re spraying? Thank you.
REPLY FROM GEG:
I do not have the technical knowledge to answer your questions, but I will be glad to post your inquiry in the Forum section of Need to Know News. Hopefully, there will be some experts out there who will be able to provide this information. I will post the results if/when they come in.
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WHY BANKS CHARGE NEGATIVE INTEREST
Posted 2016 May 26 from Chris Read
Dear GEG,
There’s so much talk in the media these days about “negative interest rates.” You’d think the banks were losing money or something! If I read your book Creature from Jekyll Island correctly, then it’s obvious that the banks are still making a fair bit of money even at negative rates. I think it would be very interesting to your readers if you did an example of how, with fractional reserve banking, banks could still make money even at “negative X%” or whatever the number is.
REPLY FROM GEG:
Hello Chris. Negative interest rates is merely banker talk for bank fees charged to depositors based on a percentage of their deposits. It has little to do with fractional reserves. By using the term “negative interest rates”, it diverts attention away from the reality that banks are socking it to their depositors by simply taking money out of deposit-account balances to make up for bank losses when they occur. The extra twist in this is that governments and their partner central banks are going to great lengths to make the process entirely legal so depositors cannot sue them when the theft occurs.
When people finally wake up to the reality of this legalized theft, those with large deposits will want to remove their money from banks. That is why the banks and their partners in government are working hard now to eliminate cash. That will force everyone to leave their money in banks where it can readily be taken in the form of negative interest rates.
