Mortgages

🔹 The Federal Reserve & Fiat Money

The U.S. dollar is fiat currency — it has no intrinsic value, it’s backed only by government decree.
When banks issue mortgages, they don’t lend out deposits — they create new money as debt. It’s literally typed into existence on a computer ledger.
The borrower then spends decades repaying not just the principal, but often double or triple the amount in interest. That interest goes to banks, not to creating real value.

⚡ Critics say: This system transfers wealth from working people to banks endlessly, keeping citizens in perpetual servitude.

Since the Federal Reserve controls money supply, printing more dollars devalues everyone’s savings through inflation.
Housing prices rise faster than wages, forcing most people into mortgages.
This means your labor doesn’t buy the same amount of security — you must take on more and more debt just to live.

⚡ Effect: Families are chained to 30-year debts, while bankers profit from money they never truly had.

In ancient times, charging excessive interest was called usury, and it was condemned because it enslaved people.
Today, mortgages are socially normalized — but over 30 years, you’ll often pay 2–3x the original price of the home.
Spiritually, many say this is a life-force exchange: you’re giving away decades of labor (time, energy, freedom) to pay back numbers created out of thin air.
🔹 Ownership Illusion
- Even when you “pay off” the mortgage, you’re still under property taxes. Miss those, and the government takes your home.
- This means true ownership doesn’t exist under the current system — everyone is essentially a tenant of the state and banks.
The Bigger Web of Debt Slavery
- Mortgages are just one piece:
  - Student loans keep young people tied down before they even start life.
  - Credit cards & consumer debt keep people paying interest forever.
  - Taxes & inflation ensure wealth flows upward while average citizens work harder for less.
- Together, this system makes sure the average person spends their life working to service debts to banks and the state, rather than building free prosperity.
- 👉 So in this view:
  - Mortgages aren’t just about housing — they’re a key gear in the machine that keeps the population financially enslaved.
  - What looks like “home ownership” is actually a long-term lease from the bank, inside a system designed to keep you dependent.