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Correct, the Jewish bankers were allowed to lend money with interests ( usury ) to Christians and Islamics because they were not members of Judaism, and they were allowed to borrow money from Gentiles ( The Torah only prohibits that practice within Jews ) they took the place of the Gentiles bankers, based in that principles and history many conspiracy theory have been created, that the Jews control the financial world, but the Islamic supported and promoted the African slavery which produced large profits as the bankers, and some banks lend money to slaves masters using their slaves as collateral or loans lien, similar to a movable property The Vatican has a big bank and they invest money in certain areas of the capitalist economy that generate profits
https://en.wikipedia.org/wiki/Loans_and_interest_in_Judaism
Loans and interest in Judaism
https://www.chabad.org/library/article_cdo/aid/4108763/jewish/Moneylending-and-Jewish-Law.htm
Money lending and Jewish Law
https://en.wikipedia.org/wiki/History_of_slavery_in_the_Muslim_world
Deploying the Marines to another state is a violation of the Posse Comitatus Act. So much talking about the bourgeois constitution, and they are violating most clauses of the constitution. It must show to the workers the violent and repressive nature of the capitalist state, and that they can violate their own rules, and treaties. Not worth the paper . As the Apaches said: We have signed hundred of treaties with the while men and all of them have been violated. In 1903 the US Supreme Court said that the US congress is allowed to violate the indian treaties
They are arresting everybody including legal citizen of the USA, therefore, peoples are living in fear, and all peoples who are not white they are considered criminals, a civil violation become a criminal violation and a pretext for deportation. Millions of reactionaries workers are supporting this nightmare
https://www.aljazeera.com/news/2025/6/4/as-trump-raises-deportation-quotas-advocates-fear-an-expanding-dragnethttps://www.aljazeera.com/news/2025/6/5/donald-trumps-travel-ban-why-and-why-now.
Muslim travel ban is back under a different name, and foreign students are been blocked under the pretext of anti semitism, but there is more anti semitism outside of the colleges and universities
China has a cash reserve of more than 3.75 trillions dollars and a gold reserve of 263 billions dollars
Chase Bank has more than 3.05 billions dollars in cash reserve for bad debts or uncolective loans, and he is one of the biggest real estate lender
They have taken over the liquid assets and deposits of several banks that were failing
PS: During the 1937-1948 the Cuban and Dominican pesos ( Pesos Oro ) were in parity with the US dollars and both countries did not have a large reserve in gold, in certain occasions the “Pesos Oro ” was higher than the dollars and peoples did not want dollars, the price of one egg was one cent and the price of a lb of rice of was 10 cents, it shows the inflation is monetary devaluation. Ironically a dictator was doing much better than Donald Trump and Joe Biden
Attack the message but do not attack the messenger. A state coup or palace coup . Like in Argentina, Chile, Ecuador, Bolivia, Africa, and the soviets troops in Eastern europe
Without falling into conspiracy theory, What about the jewish bankers ? Jewish laws also prohibits usury
So much nonsenses about the so called third word countries ( which do not exist after the Cold War period ) or the so called shitholes countries, and the federal government of the US has authorized a palace coup like the dictators from the third world countries,( Trump called them shit holes countries ) even more, there were planning to send Marines which are only used during an invasion. It should show to all workers the real repressive and violent nature of the capitalist state, it is not a neutral, it is the executive apparatus to manage the affairs of the bourgoise class
Those workers that Trump calls criminals provides trillions of dollars in surplus value to the economy of California, without them the whole state will fall apart .
That’s the dilemma of this new breed of populist parties. Financed by capitalists who want a free hand to make profits as they think fit, they are still required to get working class votes if they are going to win political control.
——————————————————————-It is really pathetic that workers are expecting that their own exploiters can resolve their own problems. It is like nominating Count Dracula as the head of the blood bank. These populists leaders, political parties and capitalists have an enormous support within the working class, and the disunity within the working class is becoming wider.
Adold Hitler advocated for ‘national socialism’, but the new tendency known as economic nationalism is openly spreading anti socialism and anti communism, probably , stronger than during the time McCarthy and the Cold War, it is really getting scary within the ranks of the working class, because many workers are becoming mouthpiece of the ruling class
The only system change is a post capitalist society. Most of these movements, marches, protests and organizations they only advocate for capitalist reforms. We have seen the same movie several times already. I have been done my homework with all those movements and organizations
Bank regulations have been created in order to protect banks against bankruptcy and operational failures. Bank failures is a clear indication that banks or governments can not create money by itself
I have read several books on money, and this small pamphlet sweep the floor with all of them:
It is not a fight between two individuals or two members of the capitalist class, it is a fight between two sectors of the capitalist class. Attack the message do not attack the messenger
Banks that loan out more than what they have available to loan out are in danger of succumbing to a bank run – when depositors, fearful that the bank may not have the funds to cover or return their deposits, get into a panic and try to withdraw their money which then brings about the very crisis they feared. Bank runs have occurred throughout the financial history of capitalism. A recent and prominent example is the Silicon Valley Bank in 2023, the third-largest bank failure in US history which resulted from a $42 billion bank run.
—————————————————————————————————————————————The Silicon Valley Bank case is well explained in this short article:
The capitalists and the capitalist state will give many explanations, but they will never show the weakness of their own economic system, they will never say that this a very unstable economic system.
SVB was taken over by the FDIC and then another bank partially purchased the bank because they did not have enough reserve to buy all the assets and liabilities and the FDIC kept the other portion of the failed bank . The first Citizen bank did not create money from the thin air
Also if Banks can create money at the stroke of a key board, why do they charge interest at all. If they could create money, they could create a £1,000 then offer a loan of £1,000 to a lender who was only required the lender to repay £500, which would mean the lender got a total £500 (very nice little earner), the bank would make an initial £500 profit and end up with an eventual £1,000?
All created from nowhere, what’s not to like?
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Peoples who own the title deed of a real estate property do not know that within 30 or 40 yers they would be paying about 20 or more times the amount of the principal that they borrowed . Why banks have to wait so long in order to make all that money ? They can create all that money by the stroke of a pen or a keyboard and continue lending money in other areas of the capitalist economy The 2008 was not a financial crisis, it was a crisis of over production and many homes and building were over produced. Marx theory of crisis is still valid
Conspiracy theory vs socialist logic. Conspiracy theories have been elaborated already, we do not have to do any personal elaborations
If the conspiracy theory which says that bank can make money from thin air is valid, why do most third world countries ( the south ) borrow money from the IMF ? If the central banks of those countries can issue money they can pay their loans, or they would not need to take loans, that theory goes along with the theory which says that US Reserve Bank is a private institution which is another false theory debunked by real economic conceptions
Money transfer, or money remittance make the same function as cashier check, money order, or officers check or certified check, to emit those instruments a customer deposit is required, the remittance companies that send money overseas the customer must give money to the clerk and a fee is also collected from the customer and the remittance can be delivered in different types of currencies. Real estate transactions the proceeds from both sides are made by electronic transfers, but a cash reserve is needed in order to make those transactions and the recording of both transactions is done immediately including the deed of trust, which would be the same as the old days when banks were issuing cashier checks
The US Postal Office also issues money order but the customer must first provide money or cash to the clerk in order to issue the instrument and a fee is also collected from the customer, and in some countries the Post Office had what it was called declared money value where a customer placed money inside an envelope and it was guaranteed by the post office and they collected a fee for the service, that type of service was replaced by electronically money transfer
The USA government in order to finance their operation is borrowing money from China and Japan, they do not issue money without any reserve, some countries accumulate dollars which are called divisas in order to finance their international operations, when the dollars was at par value with the currencies of several countries, banks customer used to obtain a cashier’s check in dollar by depositing their own currency or giving cash to a bank teller
In our time the labor theory of value is more actual than when Capital was written, and peoples who negate that theory are also negating the economical exploitation of the world working class, and the extraction of surplus value from the sweat of the working class, and negating that money is capital, and capital is unpaid labor, sadly some supporters of that theory, are called Marxists
The USA is losing its financial credibility because some countries and bank think that in the future they would not be able to pay their financial obligations due to the fact that they have a huge debt and would not have enough cash reserve, and part of the US budget is used in order to pay interests, why do they have to pay interests when they can emit money from thin air ?
When banks need to construct metropolitan branches, and towers for operations, or infrastructure they do not use their own cash reserve, they borrow money from others banks and they must submit a financial statement to the lenders in order to show that they are able to pay back the loans, and when a loan goes in bad debts banks create a contingency against those loans
If banks are able to produce money from the thin air, why do they fail and need state bail out ?
This is a list of most bank failures protected by the FDIC:https://www.fdic.gov/bank-failures/failed-bank-list?page=8–All these banks just need to issue money and comeback to their operations again. This is fairy tales vs reality . Anybody that does not know anything about economic, finance, business law or banking law will support that conspiracy theory .
Savings banks were separated institutions from commercial banks and they failed due to lack of depositors and money reserves and many customer withdrew their money from the savings banks and the commercial took over the savings banks, why they savings banks did not create money to recover their loss and financial insolvency ?
The pamphlet about money written by the SPGB is backed up by a very profound research and it was pretty well written and it debunks all the economic fairy tales
