The Rule of 72 or Why a Mortgage is Not Good for You

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Every website I looked up to find a definition of the well-known Rule of 72 - all took the same angle of explanation - that is, "how long an investment will take to double, given a fixed annual rate of return or interest," an example of which I found here: What is the "Rule of 72?"

The Rule of 72 works like this: If an investor with $100,000 to invest and an annual rate of return [interest rate] of 6% - how long would it take to double his money? Using the Rule of 72, this investor would divide 72 by 6 [the annual interest rate] for the answer, that in roughly 12 years that investor would have $200,000.

There is another way of looking at and using this Rule of 72, that is, from a banker's perspective. When a prospective home buyer applies to a bank for a home mortgage, and if the bank agrees to make the loan, based upon the borrowers ability to repay the loan, [a mistaken notion is the bank extends credit to the borrower. This is false. It is the borrower who has credit, otherwise, the bank would not make the loan] the bank will then, out of thin air, create the loan they provide to the borrower, as a credit to the borrower's account.

In reality, when making a home loan, the bank is making an investment in the home the buyer is borrowing the $100,000 for. Let's take the figure we used above - $100,000 dollars. Let's also use a typical home loan repayment term of 30 years. Let's also assume the same interest rate we used above - 6%.

Using the Rule of 72, the bank, over the entire term of the loan, 30 years, can expect to get a return on its investment, created out of thin air, of $250,000.

How, you say?

72 / 6 = 12 years - the time it takes to double the initial investment of $100,000. 30 year loan term / 12 = 2.5 x $100,000 = $250,000.

The borrower takes the risks of making the payment, pays all the insurance, pays for the upkeep, pays all the taxes and ends up paying two and one half times what they borrowed for the privilege of home ownership, the American Dream, and the bank "earns" $250,000 on the $100,000 it created through financial alchemy. Not bad, eh? Now you know why banks have the biggest buildings in any city.

An investor, instead of taking out a mortgage, would be much wiser to find a way to build their home without a mortgage and pocket much of that $250,000 they would pay to the bankers, who have done nothing more than create the digital money they credited to the borrowers account, based upon the borrower's good credit.

Much more could be said here about interest and how "the borrower is servant to the lender" as Yahweh has stated in Proverbs 22:17. But the Rule of 72, properly understood, should help explain why all these Anglo-Saxon nations have become debt slaves to the jewish bankers. These bankers are in the business of controlling entire nation's money supplies, creating debt out of nothing and then loaning it - ultimately to unsuspecting taxpayers - who are forced to pay - through taxation - for their government's flagrant spending.

Yahweh, in the Old Testament, called for a Year of Jubilee, the forgiveness of all debts, every 50 years.
Leviticus 25:

8 And you shall count seven weeks of years, seven times seven years, so that the time of the seven weeks of years shall be to you forty-nine years. 9 Then you shall send abroad the loud trumpet on the tenth day of the seventh month; on the day of atonement you shall send abroad the trumpet throughout all your land. [the Day of Atonement - 10th day of Tishri - was the day on which sin was expiated] 10 And you shall hallow the fiftieth year, and proclaim liberty throughout the land to all its inhabitants; it shall be a jubilee for you, when each of you shall return to his property and each of you shall return to his family. 11 A jubilee shall that fiftieth year be to you; in it you shall neither sow, nor reap what grows of itself, nor gather the grapes from the undressed vines. 12 For it is a jubilee; it shall be holy to you; you shall eat what it yields out of the field. 13 In this year of jubilee each of you shall return to his property.

These same jewish bankers, who control the central banks of all the Anglo-Saxon nations; the UK, France, Germany, Canada, Australia, NZ and the United States, and control the World Bank, the International Monetary Fund, and the Bank of International Settlements, claim to be the jews of the Old Testament. Many of these same jews, if asked, would claim the land of Palestine was given to them by the God of the Old Testament, the same Old Testament where we learn of the Year of the Jubilee.

Why is it we never hear these same jews proposing the forgiveness of debts, as prescribed in the very same Torah they claim gives them title to Palestine?

It was Mayer Amschel Rothschild who said: "Give me control of a nation's money and I care not who makes her laws." In other words, it doesn't matter what laws are established in a nation. Whoever controls that nation's money supply, controls that nation. So much in this fact, but that would take a volume, not a missive.

You can rest assured these bankers know all about the Rule of 72 and how it works for them. Once understood, it is easy to realize how these same jewish bankers have been able to become obscenely wealthy: through financial alchemy, they create credit out of thin air, loan it to others who pay the interest, [which was not created, but that is a topic for yet another missive] and the bankers double "their" money within a few short years. Then, when the inevitable depression comes, [because there is not enough money in circulation to pay the interest] buy up real assets with the same fiat currency they created out of nothing. Good work, if you can get it.

Dear readers, get out of debt and stay out. Don't become a debt slave.

See also this missive posted 09/2008: Man's Creator Prohibits Usury and Money as Debt posted on 09/2008.

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