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Video Transcript AI Summary
In Christian nations, lending money for interest was illegal, so Jews became the lenders. They charged interest and eventually owned everything. Kings would then round them up and kick them out of the country. This cycle repeated for centuries, as Jews would go to the next country and start lending again. Compound interest was seen as a powerful force that could enslave people, which is why it was illegal. Today, credit card and student loan interest continue to enslave people. The start of modern banking in Italy saw 80% of the land owned by 20% of the families, with a significant Jewish population.
Full Transcript
Speaker 0: Is called usury. Usury is illegal. So in Christian nations, lending money for an interest rate was illegal. So because it was illegal for the Christians, who did the lending? The Jews.
So there was Christians who could lend for 0 percent or no didn't lend at all. And then these people called the Jews would come over and start lending money. They would start charging honey. And in a couple generations, guess what would happen to the economy? The Jews owned everything, and then guess what the king did?
Rounded them up and threw them out of the country. Then they go to the next country, and what would they do? Same thing. And what would that king do? Round them up, kick them out of the country.
This went on for 1000 of years. This is this is why the Jews in history have had no country, because the king would have the it would say no usury, no money lending, and they would start the money lending. They would start the central bank to compete with the king. The king would kick them out. They go to the next country, do it again.
So this has happened over and over and over again because this quote right here From Napoleon, he's he would show the compound interest tables, and he said in a very short amount of time, compound interest would eat up every piece of property in France. In fact, I'm gonna show you how powerful compound interest is. Very scary thing. And there's a reason why it was illegal. Illegal illegal illegal in the Christian nations and the Christian philosophy because it would literally enslave people.
Guys, the interest on credit cards enslave people today. Does student loans enslave people today. We no longer have forced slavery. We have debt slavery now. It is no longer forced slavery.
There's not a Massow with a whip whipping you anymore to pick cotton or something like that or build wallets or whatever you're doing, build boats, all sorts of slavery. We now have debt slavery where somebody prints money, and you now have to pay the Money back plus interest. K. So Pareto's principle. In Italy, an economist named Pareto noticed that 80% of the land was It was owned by 20% of the families.
The start of modern banking was in Italy. You had the Jewish population there.