"The borrower is a slave to the lender." Proverbs 22:7
Our entire nation is largely indebted to a single private corporation! Yes, that's right, the Federal Reserve—a privately held bank that is closing in on being the 2nd largest holder of US debt. At the rate its going, the Fed may actually be the number 1 largest holder in just a few months, surpassing that of China and Japan. If the above verse from Proverbs is correct, America is (or is certainly becoming) a slave to both private banks and foreign nations.
Since America is the largest debtor nation in the world, its survival depends on borrowing other people's money in exchange for a temporary service. Really, this is a form of prostitution. You see, when someone lends money to another in exchange for debt, the debtor is now indebted to the lender to continually perform a service until paying them back in full. Since this arrangement carries a considerable amount of risk, the debtor will usually entice the other party to offer their cash with a show of interest. If the deal appears attractive, money is given and the services rendered. Normally, however, with debt-based arrangements, if the one taking the money—the debtor—doesn't pay up in return, the lendor has full rights to their personal property. In the past, this meant you became their slave and performed whatever services they required.
Now, in the case of America, you have one single nation that is servicing so many clients simultaneously that fear is starting to rise over the threat of STDs. These “Sovereign Treasury Defaults”—as we may refer to them—were largely unheard of, however, until America decided to no longer allow the use of protection in all of its service-based relationships. The gold standard, as this protection was known, was put in place to maintain the financial health of the debt-issuer and ensure against the temptation of debasement, or inflating one’s currency.
In transition from the world’s greatest lender to the world’s greatest borrower, the US realized that it could no longer honor its vows and issued, in essence, a bill of divorce to its partners abroad. This was a direct admission that America was no longer financially healthy, i.e. living below its means, and that it was, instead, going to engage in servicing as many people as it needed in order to finance a growing tower of consumption and debt. Thus, the world's most desired bride soon became a harlot.
There is a huge reason, however, why foreign nations continue to slum it up at the Treasury auction every year—they are drunk with American money! They cannot sober up because the US has inflated and multiplied her debased currency all over the world. Madam America is fighting hard to keep her clientele happy, but her assets are becoming visibly stretched. The American taxpayer cannot afford to pay the bill. Therefore, she has no choice but to continually inflate or die!
Many are bewildered by the huge increase in gold's value over the past decade. To them, it is an anomaly; something that can't be explained in terms of modern finance. They are deceived; unable to see outside their unyielding faith in paper money because it is issued in God's name—"In God We Trust"—or because they believe that nations, and not just companies, are too big to fail. History proves otherwise...and God does not look favorably upon blasphemy.
I do not believe this system will end soon. Though America has risen to a precarious position atop an unwieldy beast, her services are still loved more than she is hated. Eventually, however, one will outstrip the other...turning what has been, so far, from a tolerated agreement of global submission into a forced act of retribution. Until then, America will simply continue to further debase her value and become a slave to the banking system and foreign nations—prostituting her wealth and selling her body to the highest bidder. The question is not if, but when will the final day of reckoning come?
"For all nations have drunk of the wine of her fornication, and the kings of the earth have committed fornication with her, and the merchants of the earth are waxed rich through the abundance of her delicacies. And the kings of the earth, who have committed fornication and lived deliciously with her, shall bewail her, and lament for her, when they shall see the smoke of her burning. Standing afar off for the fear of her torment, saying, Alas, alas, that great city Babylon, that mighty city! For in one hour is thy judgment come." (Revelation 18)