Mortgage_removal

Because there is no lawful money, due to the bankruptcy after the great crash of 1929. Since 1931/33 we've been operating in bankruptcy and using debt (IOUs) in place of money. The problem is when we use debt to pay for goods and services, or for any commerce, all we're doing is creating more debt and therefore increasing inflation. An IOU/debt is something which is supposed to be paid at a later date, yet we're using it in place of money, so the debt never gets paid, so the prices have to increase to compensate for this..

Mortgages

For instance, how many people are aware of the fact that the promissory note they sign at the time of signing the mortgage, is sold by the lender and securitized later on. The act of selling the promissory note, essentially fulfills the promise made by the borrower thereby discharging the debt. The common man or woman however is unaware of this and continues to pay off the mortgage and the lenders pocket this money without any conscience. Why should they show any conscience, as they are artificial legal entities to start off with