Usury and Banking

Is Anti Usury Activism Antisemitic?

Written by Andy

From ‘Real Currencies’.
Real Currencies supporting people and the Commonwealth and resisting the Money Power by defeating usury

Obviously not.

But the question is warranted, because it is an unfortunate fact of life for every dedicated activist for an interest free economy that throughout history Jewry has been intimately linked to usury.

Hundreds of the most brilliant Gentile minds throughout the ages have denounced Jewish usury.

God Himself had this to say through the Holy Quran:

‘That they (the Jews) took usury, though they were forbidden; and that they devoured men’s substance wrongfully;- we have prepared for those among them who reject faith a grievous punishment.’

(sura 4.161)

Please remember the Quran orders Muslims to read the Torah and accept it as from the same Source as the Q’uran.

The simple fact of the matter is: not all usurers are Jews and not all Jews are usurers.

So we resist not Jews, or Jewry, but ‘those among them who reject faith’.

The situation is aggravated by the fact that Nazism was motivated to a high extent by anti usury activism. I despise Hitler’s notion of ‘Ubermenschen’ looking for ‘Lebensraum’. It smacks a little bit too much of Zionism.

The Money Power’s agents will equate anti usury activism with Nazism.

It is called ‘Guilt by Association’.

The number of Jews in powerful financial positions certainly merits the conclusion that Jewish interests are heavily overrepresented in finance. However, the Jewish Lobby, which is dominated by the Money Power and thus does not represent the Jewish People equates this statement with antisemitism.

They call it the ‘old canard of Jewish International Bankers’.

Zionism regularly denounces its enemies as ‘antisemites’. But disagreement about ideas (like Zionism) or actions (like plundering someone else’s land without compensation) is clearly not the same as hating the perpetrator. As Christ recommends: we hate sin, we love the sinner.

Israelis themselves are on record admitting the ‘antisemite’ smear is just a trick .

Jewish elites, nor the Money Power care about Jews. Simple proof of this is the inequitable wealth distribution in Israel, which is one of the worst in the world .

Anti Usury Activism seeks liberation for all those exploited through usury, Gentile and Jewish alike.

The Jewish people are part of the 99%. It is their elites that deserve weariness. We are also weary of Anglo-American elites, Eurocratic elites, Chinese elites and Russian elites, to name just a few.

As it has been said:

“Our struggle is not against flesh and blood, but against the rulers, against the authorities, against the powers of this dark world and against the spiritual forces of evil in the heavenly realms.”

We’ll leave it for the reader to decide.



B. B.
Ubermenschen (I think you mean untermenchen, and the “master race” myth?) This wasn’t ever part of the Nordic racialism espoused by the NSDAP. Perhaps you have not properly researched this history, and have simply accepted the Anglo-American-Zionist mischaracterization of National Socialist racialist ideology as hateful and/or supremacist.

Racial thinking in the Third Reich was neither homogenous nor static. Various ideological camps existed in competition with each other, and there was an evolution of the party’s position on race. The word “Aryan” was discontinued after 1935, and by 1941 the Ministry of the Interior had declared racial anthropology “unscientific”. Germany, under the NSDAP, was easily a less racist society than the US at the same time.

To sum up the role that racialism played in the National Socialist revolution — essentially a unifying concept, in a racially homogenous society, intended to replace socioeconomic notions of class division — Alfred Rosenberg wrote, “The emphasis on the Nordic race does not mean a sowing of race-hatred in Germany, but on the contrary, the conscious acknowledgement of a kind of racial cement within our nationality.”

Walter Gross: “It has been questioned whether the fundamental racial principles of the new world theory must not breed condescension, even contempt of people of different race. Quite the contrary; these very principles offer the very best guarantee for mutual tolerance and for the peaceful co-operation of all … we have nothing in common with chauvinism and imperialism because we would extend to other races peopling the earth the same privileges we claim for ourselves … we Germans ourselves, viewed ethnologically, are a mixture.”

My advice would be to refer to the writings of Christopher Hutton or V.K. Clark.

Anthony Migchels
I’m not against racial pride, or against race associated rights, like the desire to live together.

However, National Socialism was definitely infected with racial supremacy and it was an important part of their main campaigns, against the Jews (but strictly the Jewish common man, of course, the Jewish ‘elites’ were quite safe) and the Russians.

Samir Abid Shaikh
I think there is a crowding out effect, where Jew usurers and manipulators are overshadowing honest Jews. I know instances of history of Muslims in Madina (north of the Arabian peninsula), where some Jews acknowledged their wrong doing and left the herd.

Samir Abid Shaikh
Usury or interest is academically presented as a useful mechanism to manage contemporary economies when they fall into a state of unemployment or inflation. Such a mechanism is not always effective. But it seems to be the only alternative available to global banking.

In order to resist usury and hope to abolish it, we have to provide a viable alternative to the interest rate mechanism. Islamic Banks tried to do that, but unfortunately got stuck or tricked themselves into using interest rate as a benchmark for pricing their services. True their contacts are rooted In Sharia, but using a pricing mechanism which is guided by interest rate is a weakness which they could not overcome till now.

Samir Abid Shaikh
I allocated a whole chapter in my book “The Anatomy of Usury” dealing with the socio-economic impacts of usury. I did allude to the rule of Jews referring to historical instances. But the 18 chains of usury i.e. its impacts is probably the most important part of my book.


1 Bestseller Proves that Usury Is an Ancient Jewish Plan for World Conquest

The Jewish Problem, Part 3: The Jews in Banking

Anthony Migchels
It’s really too bad Berknes quit. He was one of the very, very few to focus on the key link between Usury and Jewry. He was also one of the very few who saw through Paul because of his monetary policies.

You may also appreciate the links on the following page:

I completely agree on your stance regarding usury and that it is an abominable practice and should be outlawed. And you are probably very right on about it being people of a certain race who have profited from it. But, and here comes what I feel is a salient point: We do not gain any points with the world at large by constantly referring to Jews and Jewry. It works against us. It is the practice we wish to abolish, not a race! We are bound to be misunderstood also by people who would otherwise side with us. The fight must be about the issue itself. That is more than a challenging enough battle it seems.

Anthony Migchels
The Jews have very much to answer for Nitupsar, even more than just Usury. But I basically very strongly agree.

Facio Libre
“Not all usurers are Jews and not all Jews are usurers.”

But all Jews benefit from usury at the expense of non-Jews as a result. The Jewish Money Power Bankers finance and help get elected pro-Jewish (pro-Israel/ mostly non-Jewish) politicians in practically every country around the world. Jewish money is used to propel pro-Jewish candidates and their agenda, and it is also used to destroy and discredit those that oppose them. Subsequently, there is a trickle down effect of favoritism and benefits (including financial) towards ALL Jews. JEWISH MONEY IN POLITICS MAKES OUR SYSTEM OF DEMOCRACY LOOK LIKE A FARCE.

As Kevin MacDonald put it – “Democracy is not a Jewish Value.”

Furthermore, in addition to the usury scam, there are many other scams that we should also keep in mind.. One very important example is the KOSHER TAX on food. Every time a non-Jewish person eats packaged foods in the West, they are feeding the Jewish Behemoth.

THERE IS NO SUCH THING AS A GOOD JEW, ANTHONY!! THINK OF JEWS AS A PRIEST CLASS EMBEDDED (AGAINST OUR WILL) AT THE TOP OF ALL WESTERN SOCIETIES SIMILAR TO THE CAST SYSTEM IN INDIA, AND SEE US IN A ROLE OF THEIR SERVANTS AT BEST, THEIR ENEMIES AT WORST. EVEN THE PROVERBIAL JEWISH SHOP KEEPER PLAYS HIS ROLE AND REAPS THE BENEFITS FROM THIS. Historically, Jews made an effort to hide this from the rest of us. However, they have been quite open and vocal about their power lately, which can only mean one thing.. They are feeling strong and something is going to go down pretty soon.

Are ONLY Jews our problem? No. There are also LOTS of non-Jewish usurers and traitors to our people that need to be dealt with just the same

Some say that Hitler was a Jewish agent (or a British agent, which is the same thing). His ‘one thousand’ year reich and facism is the mirror image of Jewish racism. Hitler and the Nazis have been the object of heavy Jewish propaganda; therefore, all conclusions about the role of Hitler in launching the Banksters’ World War II must be re-examined.

As for the Jewish role in usury and global banks, if it walks like a duck and quacks like a duck……

I live in Switzerland, close to the WIR Bank you mention elsewhere in the blog. Also, the organisation I help out is Austrian-based, I know you’ll like that. They are conducting a referendum for ccc (visit my blog, section “in a nutshell” for more about that), which is based on the Wörgl system. So much for intro.
About the Semite thing, I have something to contribute. Not long ago, there was a documentary on German TV about a woman who emigrated to an ultra-orthodox neighborhood in Jerusalem. She married, and had to change her habits, start wearing wigs – the whole shebang. Guess what she and her husband did when they needed money? There’s a friendly office in the area that LENDS OUT MONEY AT ZERO INTEREST. The funds come from people who want to support other locals, and the only thing that creditors must do is say when they intend to pay the money back. One can also get household items, such as furniture or clothing. I wish we’d hear more about ideas such as this, because then people might start copying it. It’s simple enough. I stress: the people in this documentary of a highly respected, serious documentary on German public TV were as Jewish as it gets. And lending out money…FOR FREE!!

Mike Strobach
Ubermenschen? about people? you cant even get it right no matter how hard you try can you… you meant untermeschen… under mentioned or unimportant people, the word means those who do not matter to the working class. Jewish money lenders were despised as parasiting off of the working class. What is wrong with that. It’s entirely correct.

Samir Abid Shaikh
I had 30 years experience in Islamic banking culminated by holding the post of Secretary General of the International Association of Islamic Banks. I recently authored an important and informative book on usury. It looks at the issue from religious, economic and social angles. I invite to please take a look at the book at Books ‘The Anatomy of Usury’.

Just starting to look into Ezra Pound. He says about usury: (in Foreword to Selected Prose, 1972), “I was out of focus, taking a symptom for a cause. The cause is avarice.” In my dictionary avarice is defined as, “extreme greed for wealth or material gain”.
This begs the question: Do we rally need a monetary system that rewards and encourages extreme greed to the extent that the present interest yielding mechanism does? Does it really serve humanity as a whole well? Of course not. So one of my thoughts on this is that avarice is not only manifested in banksters and so-called high finance. It is present to some degree in all of us if we are not on guard watching and weighing our own motives all the time. We should also work hard to establish a system that serves us better and does not institutionalize greed.

And I found in Ezra Pound’s writings the following definition of usury:
“Usury: A charge for the use of purchasing power, levied without regard to production; often without regard to the possibilities of production.”

Very interesting, isn’t it? Money totally without a heart! Usually we think of usury or interest as a price we pay to borrow money, like a mortgage, but this definition gives slightly different associations; “a charge for the use of purchasing power”. We can all, or at least many of us, do without a mortgage on a house, but we all have to be in possession of at least some purchasing power, right?! So, if this usury or interest or whatever we wish to call it, is levied on all purchasing power, then we are all victims of usurious powers. And it does; in that approx. 45% or so of any product’s price is due to interest. (Hiding behind the more obscure term ‘capital cost’.) “Purchasing power” equals money so usury means a tax on money, plain and simple. And that is on top of all the other taxes we pay. First you have to work hard to make money and pay all your taxes and then there is another tax on spending what you have left!? My friends; this has to stop! Someone wrote a book recently called something like “When is enough, enough?”. It was about our materialistic inclinations. Well, it is clearly enough when it comes to how usury has pervaded and corrupted our world!

Ezra Pound put his finger on the central banking-usury scam as the cause of war; therefore, the Jews first smeared Pound as a traitor and then locked him up in St Elizabeth’s mental ward in Washington D.C. Christian martyr Eustace Mullins visited Pound in the insane asylum. As a result of their discussions, Eustace wrote “The Secrets of the Federal Reserve” (1953). Eustace was hounded by the ADL-controlled FBI all his life. His father, mother and sister were also persecuted (standard operating procedure for the Money Power). See Eustace Mullins on youtube.

Anti-Semitism?! It is an honor to be called an anti-Semite. It usually simply means that you’re not afraid to criticize Israel, that’s all. We are just so brainwashed that when we first start thinking honestly about things and discover that the jews are not all innocent little darlings, we almost pee in our pants before we are able to call a spade a spade.

Lila Rajiva
I admire your desire to state your position without fear of accusations of anti-Semitism. I think you are wrong by saying there is no need for interest. If no one is compensated for lending money, why would they lend? And if there is no interest on savings, why would they save? And if there is no savings above consumption, how will banks lend (i.e. on what reserve will they make loans). One should not lend with the hope of default (fraud), but interest is clearly legit, from the old and new testaments. The prohibition is always against USURY.

Whatever you think of Gary North, he is an expert in Christian laws and economics and here he quotes the same parable I use to explain it:

What you are advocating is actually theft by dilution of the value of the currency.
I am sure you don’t intend it and I am sure we need a new system, but it cannot be based on the argument that interest per se is invalid.

That is simply not the case. It is a matter of rationality. All trading communities, not just Jewish, have charged interest. Banias in India also charged interest. Debt bondage is wrong and should be ended. I don’t support any such things, and neither does the current system, where loans are constantly restructured and canceled.

The problem of our system is debt. If people don’t borrow, they won’t have to pay interest. Borrowing is taking something. When you take something, you have to give something in return. That’s interest.

Anthony Migchels
Hi Lila,
A lot of effort has been put in to changing the meaning of the word Usury from interest to excessive interest. But five minutes of independent research by yourself will confirm to you that usury throughout the ages meant just that: interest. Some Jesuit priests and ‘economic philosphers’ like Bentham did the trick. It’s the same as the meaning of inflation. That always meant an expanding money supply, but was manipulated to mean ‘rising prices’.

The whole point about needing interest to motivate people to lend is moot: we have Mutual Credit. it allows interest free credit at almost zero cost without savers. Basically it could also be done with fractional reserve banking, but the banks needed us to believe we have to pay interest to depositors. We needn’t, but as we know, banks are crooks, thieves, and liars and this is just one of their con games.

So the lender does not give anything up: all the money is created the moment it is lent out.

Gary North created a career through explaining that the problem is money creation. But it is not: the problem is Usury. You can read all about it here:

Gary North’s rationalizations for the unforgivable are really nasty. He writes 20 tomes on the Bible’s economics and then summarizes as follows:

Putting money in the bank and making interest is fine.

But borrowing money at interest is not.

I’m not kidding you. This is what he comes up with.

This is known as: ‘blame the victim’. The borrower is to blame for being enslaved through interest. Making interest by lending, according to Gary, is just fine.

And enslavement it is. You do realize you pay 300k interest over a 200k loan over 30 years?

If people don’t borrow? Really? You don’t realize businesses need loans? Who do you think they pass on those costs to? The fact is that 45% of prices are interest. So even if you have no debt, you lose 45% of your income to interest through prices.

And no debt? How about your house? Should you rent for ever? Do you realize that 75% of rent that is paid is needed by the landlord to pay interest on his mortgage?

The interest issue is really very pervasive. Read the articles on interest in the ‘interest free economics’ page. You most likely have not been exposed to this data, otherwise you would not have written what you did. But you need to look into it to understand what usury really is. It really is badly, very badly understood, both by the Keynesians and the Austrians.

Lars Andersson
I am thinking, if the banking system have 100 units of money as money supply (total amount of money) and lend it all for 1% a year, you will need 101 money units to pay the loan back, but there is only 100 money units in the total system. Therefore the money supply must be increased every year or am I wrong?

Anthony Migchels
No, you’re not wrong.
This explains why the economy has to grow forever and why the debt can never be repaid.

Deuteronomy 23:19-20
Thou shalt not lend upon usury to thy brother; usury of money, usury of victuals, usury of any thing that is lent upon usury:
Unto a stranger thou mayest lend upon usury; but unto thy brother thou shalt not lend upon usury: that Yahweh thy God may bless thee in all that thou settest thine hand to in the land whither thou goest to possess it.

(In Christendom, isn’t everyone thy brother?)

Psalm 15
Yahweh, who shall abide in thy tabernacle? who shall dwell in thy holy hill?
He that walketh uprightly, and worketh righteousness, and speaketh the truth in his heart.
He that backbiteth not with his tongue, nor doeth evil to his neighbour, nor taketh up a reproach against his neighbour.
In whose eyes a vile person is contemned; but he honoureth them that fear Yahweh. He that sweareth to his own hurt, and changeth not.
He that putteth not out his money to usury, nor taketh reward against the innocent. He that doeth these things shall never be moved.

Ezekiel 18
If he beget a son that is a robber, a shedder of blood, and that doeth the like to any one of these things,
And that doeth not any of those duties, but even hath eaten upon the mountains, and defiled his neighbour’s wife,
Hath oppressed the poor and needy, hath spoiled by violence, hath not restored the pledge, and hath lifted up his eyes to the idols, hath committed abomination,
Hath given forth upon usury, and hath taken increase: shall he then live? he shall not live: he hath done all these abominations; he shall surely die; his blood shall be upon him.

Ezekiel 22
Thou hast despised mine holy things, and hast profaned my sabbaths.
In thee are men that carry tales to shed blood: and in thee they eat upon the mountains: in the midst of thee they commit lewdness.
In thee have they discovered their fathers’ nakedness: in thee have they humbled her that was set apart for pollution.
And one hath committed abomination with his neighbour’s wife; and another hath lewdly defiled his daughter in law; and another in thee hath humbled his sister, his father’s daughter.
In thee have they taken gifts to shed blood; thou hast taken usury and increase, and thou hast greedily gained of thy neighbours by extortion, and hast forgotten me, saith the Lord God.
Behold, therefore I have smitten mine hand at thy dishonest gain which thou hast made, and at thy blood which hath been in the midst of thee.

Nice company this Gary Y2K keeps: incest, lewdness, uncleanness, paganism, whoredom

A parabel is NOT authorization for interest, just as it is not authorization for slave trading. A sermon on the mountain IS; very much an admonition against putting money in the bank:

Matthew 6:21
Lay not up for yourselves treasures upon earth, where moth and rust doth corrupt, and where thieves break through and steal:
But lay up for yourselves treasures in heaven, where neither moth nor rust doth corrupt, and where thieves do not break through nor steal:
For where your treasure is, there will your heart be also.
The light of the body is the eye: if therefore thine eye be single, thy whole body shall be full of light.
But if thine eye be evil [greedy], thy whole body shall be full of darkness. If therefore the light that is in thee be darkness [greed], how great is that darkness !

If your money [treasure] is in the bank, where is Gary North’s heart ?

Aside from the interest; fractional reserve banking (lending that which the bank does not have) is criminal activity; why would fine upstanding pious church-goers go into partnership with such institutions ?

Of course, Gary does not like the concept of Jubilee; just as he doesn’t like the 7th year rest and release; or the division of land; those things are not good for his economy

Gary refers to Leviticus 25, —oh dear, it is opposed to usury:–
And if thy brother be waxen poor, and fallen in decay with thee; then thou shalt relieve him: yea, though he be a stranger, or a sojourner; that he may live with thee.
Take thou no usury of him, or increase: but fear thy God; that thy brother may live with thee.
Thou shalt not give him thy money upon usury, nor lend him thy victuals for increase.
I am Yahweh your God, which brought you forth out of the land of Egypt, to give you the land of Canaan, and to be your God.

This should ruin the day of any real-estate speculator and property developer:–
Woe unto them that join house to house, lay field to field, till no place, that they may be placed alone in the bosom of the earth ! [Isaiah 5:8]

Jose Garcia
Pal, your Jewish propangada doesn’t cut it anymore.
Thanks to internet we now know that the problem are the jews, that there was no holocau$t, that mossad did 911, 7/7, Madrid, Bali, etc.
We know the truth about the jewish question. So your propaganda is meaningless.

Henry Makow, a Jew, has the best analysis I’ve seen. He states that Jews are really two groups: 1) Mosaic (followers of Moses) and 2) Pharises/Babylonian Talmud followers. Group 2 will use group 1 as human shields. Group 1 are innocents often completely aware of the activities of group 2. However, since Group 2 wraps themselves in the flag/religion and uses group identity activities, it is hard to tell the wolf from the sheeple.

It is up to us monetary sheepdogs to protect sheeple Jews of group 1. The Jewish sheeple are innocents – grazing and unaware as are the sheeps of other tribes. All innocents, like children and babies deserve protection from predators.

Group 2, though – the predator wolves in sheep’s clothing are fair game. Be careful though, being called an anti-Semite is their ad-hominem of choice, and once sprayed with their predatory skunk juice it is hard to rinse off. Find a way to cull out the wolves and be smart. Some from group 1 may even turn on you, but they don’t know any better as their simple sheep mind cannot comprehend group 2. Calling Jews as “the problem” is completely counter productive, and is factually wrong.

Group 1 does NOTHING to expose Group 2 but is quite happy to gobble the crumbs from the Banksters’ and Jewlywood’s tables; therefore Group 1 is complicit. I love Henry… but facts are facts; and it is very difficult to be a Jew when practically the whole Tribe will stone you to death for revealing their scams.

The Jew Banksters will kill anyone, especially Jews, to protect their control of Usury.
President John F Kennedy tried to avoid the Federal Reserve Bank’s usury-system by issuing interest-free silver certificates….and we know what happened to him. The Banksters used their Masonic dupes to kill JFK in a very public, very violent manner… to make sure that no one else tried to challenge them.

I guess you haven’t read the Talmud or the Protocols of Zion.

Could you give an authorative source for the “Uebermenschen” idea, allegedly held by Hitler? I can’t find a reference to it in Mein Kampf, neither anywhere else.

Anthony Migchels
Don’t agree there either though: Hitler was a quarter Rothschild. His whole Nazism was textbook case of the Protocols implemented.

Marc Gauvin
I think that all this is irrelevant. The question is a technical one not an ethnic one. Interest is simply wrong mathematically it is a fallacy, see:

We just have to concentrate on the math and the logic all the rest is a red herring.

Anthony Migchels
I agree, and I don’t.
Yes, it’s nicer to keep it all ‘scientific’. Spares all sorts of feelings.
No, it’s not the whole story. Many people are not interested in math.
And I’m also interested in Justice. I thirst for it.

Read the “Capitalism:…” at, it’s free to download. May first need to read “Human Action”. Or at least buy and read much shorter and easier book “Meltdown” by Thomas E. Woods Jr. Then you’ll know much more than what really is interest on capital.

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