Dr Faiez Kirsten’s HWP Report – ARE JEWS EXPECTED TO PAY BACK BANK LOANS? IS HETER ISKA A DECEPTION? THIS IS WHAT AI SAYS…

[Nat Quinn]

I ended my previous post with the following words:

Now, given that banks don’t lend money (currency) they own but create it ‘out of thin air’, a subject I have spoken about, and published on, extensively, I asked the first team member to ask AI whether it is possible that Jews are not expected to pay back fake bank loans, and that the Beth Din contracts are simply a deception. I will publish its response in my next Substack post.

Here is thread between the Counteract team member and ChatGPT:

Richard Werner’s findings that banks create money out of thin air challenge the foundational premise of traditional lending, which assumes that loans are made from pre-existing funds. This directly impacts the concept of Heter Iska, which redefines loans as a partnership where the lender invests actual capital, sharing in both profits and losses.

If no actual capital is invested and the bank simply creates money through accounting entries, the legitimacy of Heter Iska as a true risk-sharing partnership comes into question. This raises several issues:

### 1. *Symbolism vs. Substance*

– Heter Iska agreements are designed to comply with religious laws prohibiting interest (ribbit) by reframing loans into profit-sharing investments.

– If the bank’s “investment” is merely digital money created by entering numbers into a system, the partnership model may lack genuine substance. The bank does not seem to risk anything tangible, which undermines the ethical intent of Heter Iska.

### 2. *Risk Sharing*

– In theory, Heter Iska entails shared risk between lender and borrower. However, if the bank’s “capital” is created from nothing, the notion of risk is questionable. The borrower shoulders the real economic burden (repayment of principal and profit), while the bank faces minimal actual risk.

### 3. *Accounting Illusion*

– The waiver of repayment obligations in cases of loss, a key feature of Heter Iska, might appear as an ethical safeguard. However, if no tangible money was loaned, this waiver could be a mere accounting formality rather than a meaningful concession.

### 4. *Ethical Implications*

– If banks use Heter Iska while operating under the fractional reserve or credit creation system, it could be perceived as a workaround to comply with religious laws without addressing the deeper ethical concerns about the nature of money and lending.

### 5. *Transparency and Integrity*

– For Heter Iska to maintain credibility, banks would need to be transparent about the mechanics of money creation and demonstrate that their practices align with the spirit of ethical and religious principles. Without this transparency, Heter Iska risks being viewed as a superficial compliance tool rather than a genuine ethical model.

### Conclusion

Richard Werner’s findings suggest that Heter Iska might function as a smoke screen, creating the appearance of compliance with religious law while masking the reality of modern banking practices. This highlights the need for deeper scrutiny and potentially rethinking financial agreements to ensure they align with both ethical and religious values.

Well, well, well. As with AI’s confirmation of my suspicion that personal loans could be disguised as business loans, here again it confirms what I suspected – that the Beth Din contracts are a deception.

Heter Iska, Bank Fraud and the Solution

 

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And inconclusion here is a comment from one of my contacts with whom I shared the video of the venture capitalist talking about Heter Iska:

I do not believe Jews get loans ; as the chief mercenaries and enablers for the Satanic Rothschilds and Rockerfeller empires- they get free grants -never to be paid back

They also tap into their ens Legis – incorporate all caps name funds of $ billions per person to discharge everything

The trillions that are stolen regularly throughout the world also benefit them as well as the insane income from illicit trades like organ, drug, sex ,human , child, and other forms of trafficking

Most of the natural resources of Africa and the rest of the world

Also advantages them

They are the Shaytan chosen race

SOURCE:ARE JEWS EXPECTED TO PAY BACK BANK LOANS? IS HETER ISKA A DECEPTION? THIS IS WHAT AI SAYS…

[Scott Balson]

I had never heard of Heter Iske – if you Google it – confirms this outrageous bank practice restricted to Jews paying no interest on loans.

[Nat Quinn]

It is a very interesting article yes, knowledge hidden from us.

[Author]

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