The Jews propaganda-“From Gold To Paper Money , Now Debit Cards Towards RFID chips” (part 2 b)

Continued from part 2 a)………………

The concept here to understand is that if that banker has issued hundred receipts for hundred gold coins then its justified and ok and if a person needs his gold coins then he would just give the receipt to the banker and took his gold coins. But the banker then noticed that these people are so much satisfied using these receipts for their transactions and nobody come to take his gold , so as he has the authority to issue these receipts so he started to issue receipts for thousand gold coins with just hundred gold coins in actual in the bank(900 were issued as fraud) and with this the banking system starts. So its clear that for hundred gold coins , the issued receipts must be hundred as these receipts would be backed by hundred gold coins in actual, but this person when issued thousand receipts for only hundred gold coins as fraud and were used by people in the market who were unaware that these 900 hundred receipts are not backed by any gold but are just issued by banker as part of his fraud , these people would use them without any concern. Also when this banker noticed that the transactions are almost based on the receipts and no one just come back to have his gold coins and everyone is comfortable with the receipts then he just took the gold (and would escape) and use for his own purpose and the people would do their transactions with receipts that were backed by nothing, mean that they are nothing but just piece of paper with no value and are fake receipts as there is no gold present behind them and people are unaware of that and they continue their transactions with these receipts with the assumption that they are backed by the gold that they had kept in the bank and whenever they would come to know that the banker had taken the gold and there isn’t any gold in the bank then they would all rush to the bank and find that there is no gold , as a result the whole system would collapse . Jewish bankers in Europe have used this system from fifteenth to eighteenth century , they would go place to place and would open their shops(banks) and would ask people to keep their money with them and would issue receipts, at the same time they started insurance and this was used at very large scale in colonial area(imperial age) and after a short time a bank would collapse ( the person would escape or take away all the money ), this concept is the start of modern banking.