Promissory Note Pdf: Fill & Download for Free

This is all the result of fiat currency and fractional reserve banking systems which have been pushed into major use in all countries by the powerful and rich who control the direction of economic convention.In the olden days, gold was money and it was real physical matter. 1 pound of gold was 1 pound of gold. You could not create it (mining for gold is very hard unless you hit a lucky break)Over time, some kings and noblemen realized it was possible to multiply wealth easily - they started issuing "official stamped coins and the number of coins was the main value factor, not the weight of the gold involved.Some kings would recall all coins and issue "new" ones which were lighter, and saved the excess metal for the royal coffers - Money for jam!Since gold was bulky and dangerous to store at home, some goldsmiths provided secure storage services, and gave a "promissory note" which declared that the goldsmith would produce the gold you had stored given that note (and charge a small fee for the storage). Thus were born banks and rudimentary paper money.Over time as people trusted paper, it was as good as gold, and they happily used that as the primary value exchange medium, knowing and trusting that for each paper note, there was a piece of real gold in a vault.Some smart-ass bankers realized that as long as people didn't all come to reclaim their gold at once, they could issue more notes than the actual gold that existed! What fun, just write extra notes and circulate them! As long as you are lucky, the amount of gold requested will never exceed the amount stored (it was only rarely that people wanted their gold back, they were happy just to use the convenient notes).Thus started the devious kind of banking - banks printed money and lent them out with interest with great gusto. Imagine making your money work for you. Now imagine making your money slave for you. The bankers life is a wealthy and comfy one ( moral vacuum notwithstanding ).Over time the governments got into the act themselves - they control the banks, they control the printing of currency. They decided to let the banks have their fun, but in a regulated way. They insist on a certain fractional reserve percentage.[Corrected below section based on Robert Wagner's comment below]This is very simple in concept : Lets say the fractional reserve is 8% - I deposit 100$ in a bank, the bank is allowed to lend upto 92$. That means that even though there was supposed to be 100$ in the bank, now there is only 8$ actually, but banks will pretend that there is.So lets see what happens :For simplicity assume only 1 bank exists - this is practically true because all banks co-operate in terms of honoring each others agreements. Also total money in the bank is all that matters, it doesn't matter whose money is deposited.I deposit 100$You borrow 92$ and spend it - it eventually ends up in another bank depositNow there is 92$ in the bank and banks can lend 92% of 92$.The cycle repeats, each time the amount of money existing in the system goes up by a fraction. It eventually converges to a certain multiplier.They appease you by giving you a few paltry % interest per year while charging about 5 to 6 times more interest for money that they lend.Thus at any given time, there is not as much actual value existing as there is money in terms of a currency. The total value of the things in the world increases only when you grow something, manufacture something or perform effort. Here, just by lending, borrowing and depositing, the amount of money in circulation is artificially boosted.Value remains same, but more money exists on paper (pardon the pun) - this means the currency is of lower worth i.e. we have inflation.So far we talked about fractional reserve leading to rampant increase of currency. The reserve banks or federal reserves do it in another simpler way - so simple that even dumb criminals do it the same way.Imagine I had a counterfeiting machine and print 1 million dollars, being a loyal Quoran, I will select 10 of the best upvoters of my answers and sell them the million for 50000 dollars. Each of the chosen will choose further middlemen and sell it at a total of slightly more than 50000, turning a profit. This continues down until someone uses the fake notes at face value. Every layer of distribution made a profit and the countries money supply has inflated, reducing the value of money - where did all our profits come from? From the noses of widows and orphans on the grindstone, who bear the inflation and price rise.Now this is what a federal reserve does - It prints money and distributes it. Now if I printed 100 billion dollars and divided it equally amongst everyone, there would be no difference at all, its as if you simply switched your currency to a different unit.But of course whether the reserve does it or a counterfeiter, the distribution is skewed. It has to be! Otherwise the exercise would be pointless!Since federal money goes into banks and infrastructure projects mainly, it is these conglomerates and contractors who gain the maximum, and the wealth trickles down to the citizen, who suddenly wonders why prices are rising, but trusts the "economists" and and in blissful ignorance, assumes this is how economies ought to work.If I were a highway builder, I could easily contribute a million or two to the right "gummint" person to nab a billion dollar contract and charge two billion - Everyone is richer and happier! Except the people actually driving down that highway. And they even pay tolls! Talk about adding insult to injury, but what you don't know can't hurt you (you wish!)If this "wealth creation" is done without finesse, the currency goes into hyperinflation as people start offloading currency as it's value is dropping. It runs away like a bear in the stock markets and ultimately paper money reaches the true value - i.e. the cost of the paper!All this and more in the amazing book called The Mystery of Banking which you can find online in PDF form.And thou shalt know the truth and the truth shall make thou weep!

Details of BookThe road to global security," writes Jeremy Rifkin, "lies in lessening our dependence on Middle East oil and making sure that all people on Earth have access to the energy they need to sustain life. Weaning the world off oil and turning it toward hydrogen is a promissory note for a safer world." Rifkin's international bestseller The Hydrogen Economy presents the clearest, most comprehensive case for moving ourselves away from the destructive and waning years of the oil era toward a new kind of energy regime. Hydrogen-one of the most abundant substances in the universe-holds the key, Rifkin argues, to a cleaner, safer, and more sustainable world.You Can Download and Read With File Format Pdf ePUB MOBI and Kindle VersionMore Info==> The Hydrogen Economy: The Creation of the Worldwide Energy Web and the Redistribution of Power on Earth

I am reaching out to you today in regards to obtaining additional capital for your business. We are a privately owned lending firm and our lending program is focused on the cash flow of the business and not as heavily on the personal credit of the business owner. Here at WBL we have created a process that is streamlined to approve and fund loans within five to seven business days. The accessibility of our capital, our lenient approval criteria, as well as our fixed daily, weekly or monthly repayment structure makes us a very attractive resource to many small business owners. We offer refinancing at the half way point of your loan and in most cases can accommodate your business with a lower rate based on good payment history. Your business is absolutely the type of company that we strive hard to help grow and expand. When the time comes to grow and expand your business WBL would like to be a resource for you.Our process is quick, simple, straight forward and with minimal paper work. We tell you how much you are approved for, the term of the loan, and the daily, weekly or monthly payment that will be involved. Payments are fixed and do not change during the term of the loan for any reason. Wedo NOT need; A FICO score of at least 700, organized business plans,or credit card sales. These are things that other traditional lenders would require before approval, which may take up to 6 months. At a time when 90% of small business owners looking for funding are being turned away by commercial banks and other lenders, WBL has created a resource that is very accessible.Also we are not to be confused with a cash advance operation. Wedo not have anything to do with credit card machines, Visa swipes and so forth. At WBL we issue an actual loan with set start and end dates. A licensed notary comes to your place of business and an actual sales contract and promissory note is put in place for all our collateralized loans.The process of sending statements and the application does not commit you to anything at all. This will simply get you some solid figures as far as rate, term and the amount we are able to loan. If you happen to bank online, the easiest way to send statements is to download the PDF file of each month and attach it to an e-mail.We are able to lend up to 3 times yourGROSS monthly revenue not to exceed the net equity in collateral being pledged and our loans range from$5,000 to $2,000,000.Best Regards,Joseph EmmonsFinancial AnalystDirect: (212)220-3986Cell: (201) 780-2135Fax: (646) 607-5551Email:[email protected]​120 W. 45th St29th FloorNY, NY 10036Web:www.wbl.com