TUESDAY, 27 AUGUST 2013
Hungary Kicks Out The Bankers
International Monetary Fund told to vacate the country; nation now issuing debt-free money
By Ronald L. Ray
Hungarians demonstrate against the banks
Hungarians demonstrate against the banks
Hungary is making history of the first order.
Not since the 1930s in Germany has a major European country dared to escape from the clutches of the Rothschild-controlled international banking cartels. This is stupendous news that should encourage nationalist patriots worldwide to increase the fight for freedom from financial tyranny.
Already in 2011, Hungarian Prime Minister Viktor Orbán promised to serve justice on his socialist predecessors, who sold the nation’s people into unending debt slavery under the lash of the International Monetary Fund (IMF) and the terrorist state of Israel. Those earlier administrations were riddled with Israelis in high places, to the fury of the masses, who finally elected Orbán’s Fidesz party in response.
According to a report on the German-language website “National Journal,” Orbán has now moved to unseat the usurers from their throne. The popular, nationalistic prime minister told the IMF that Hungary neither wants nor needs further “assistance” from that proxy of the Rothschild-owned Federal Reserve Bank. No longer will Hungarians be forced to pay usurious interest to private, unaccountable central bankers.
Instead, the Hungarian government has assumed sovereignty over its own currency and now issues money debt free, as it is needed. The results have been nothing short of remarkable. The nation’s economy, formerly staggering under deep indebtedness, has recovered rapidly and by means not seen since National Socialist Germany.
The Hungarian Economic Ministry announced that it has, thanks to a “disciplined budget policy,” repaid on August 12, 2013, the remaining €2.2B owed to the IMF—well before the March 2014 due date. Orbán declared: “Hungary enjoys the trust of investors,” by which is not meant the IMF, the Fed or any other tentacle of the Rothschild financial empire. Rather, he was referring to investors who produce something in Hungary for Hungarians and cause true economic growth. This is not the “paper prosperity” of plutocratic pirates, but the sort of production that actually employs people and improves their lives.
With Hungary now free from the shackles of servitude to debt slavers, it is no wonder that the president of the Hungarian central bank, operated by the government for the public welfare and not private enrichment, has demanded that the IMF close its offices in that ancient European land. In addition, the state attorney general, echoing Iceland’s efforts, has brought charges against the last three previous prime ministers because of the criminal amount of debt into which they plunged the nation.
The only step remaining, which would completely destroy the power of the banksters in Hungary, is for that country to implement a barter system for foreign exchange, as existed in Germany under the National Socialists and exists today in the Brazil, Russia, India, China and South Africa, or BRICS, international economic coalition. And if the United States would follow the lead of Hungary, Americans could be freed from the usurers’ tyranny and likewise hope for a return to peaceful prosperity.
If Hungary can do it so can Britain; in fact we already did it once.
In August 1914, at the start of the Great War, the banks were afraid the public would demand the return of their money. A widespread run upon the banks, would mean they would be unable to pay and the whole credit system would collapse to the ruin of millions of people.
The government's solution was to issue £300 million of Bradbury debt-free paper treasury notes.
This new currency had been issued by the State, was backed by the credit of the State, and was issued to the banks to prevent the banks from utter collapse. The public cheerfully accepted the new notes.
No sooner had Lloyd George got the bankers out of their difficulties by the issue of the Treasury money, then they were back at the Treasury door explaining forcibly that the State must, upon no account, issue any more money on this interest free basis. If the war was to be run, it must be run with borrowed money, money upon which interest must be paid.
Unfortunately Lloyd George listened to them. As a direct result of the greed and treason of the British private bankers in preventing the continuance of the Bradbury Treasury Notes, Britain’s National Debt went up from £650 million in 1914 to a staggering £7,500 million in 1919 after the war had ended.
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