The Bank of England and the Federal Reserve Bank in the United States have stimulated the economy by pumping money into it. A process known as Quantative Easing. The central bank purchases assets such as government and corporate bonds. This is money created out of thin air, a sum paid for the use of money, the theft of time. Debt among 19 to 29-year-old people living in the United States now exceeds $1 trillion at the end of 2018, according to the New York Federal Reserve Consumer Credit Panel. Another large portion of consumer debt in the United States is the home mortgage. Its not well known that at the end of a 30 year mortgage with compound interest and taxes added, the homeowner essentially pays for the home three times. Lending money at interest is called usury, when more is demanded back then what is given. For the first 1500 years of Christianity, usury was condemned by the Early Church as a contravention to divine law. Profiting from interests on a loan was a trangression against God and in some cases equivalent to murder.
Returning guest, author and scholar, Michael Hoffman has deeply researched the suppressed biblical and medieval Catholic doctrine about interest on money, also known as the canker coin. Hoffman says, western civilization has been profoundly disfigured by the exculpation of the charging of interest on debt. Generations have come and gone without knowing they’re lives were misshaped by a system of usury. We travel back in time and into the depths of hell with author Michael Hoffman as we learn how the lending of money at interest crept into the Church. It was an incremental process of sophistry and double speak that is documented in Michael’s book titled Usury in Christendom: The Mortal Sin that Was and Now Is Not.
Guest – Author Michael Hoffman is a revisionist historian. He is a New York native and a former reporter for the Associated Press. He studied under Faiz Abu-Jaber and Richard Funk at the State University of New York at Oswego. Hoffman is the author of nine books. His most recent is “The Occult Renaissance Church of Rome” (2017). In addition, he has written the introduction to modern reprints of The Traditions of the Jews by Johann Andreas Eisenmenger, and The Talmud Tested by Alexander McCaul, D.D. Mr. Hoffman is the executive editor of the bulletin, Revisionist History which is published six times a year.