B次元官网网址淔akeB次元官网网址� or B次元官网网址渋maginaryB次元官网网址� money used by the worldB次元官网网址檚 banks is making it hard for families to survive, according to the organizers of VictoriaB次元官网网址檚 version of Occupy Wall Street.

Occupy Victoria, like its New York City counterpart, aims to bring to light the intrinsic problems with banks lending and reporting money they donB次元官网网址檛 actually have, said organizer Greg Hill.

B次元官网网址淭he fiat-issued money B次元官网网址� fake money B次元官网网址� put forward by the federal reserve bank in the U.S. has caused the hidden tax of inflation to cause the cost of food to skyrocket,B次元官网网址� said Hill, a Saanich resident. B次元官网网址淲e canB次元官网网址檛 fix the current system using the same line of thinking we used to create it.B次元官网网址�

Hill and Esquimalt resident Josh Steffler have organized Occupy Victoria, which happens at the B.C. legislature Saturday (Oct. 15). They hope people will come out to listen to speeches that touch on why fiat money and fractional reserve banking are spreading the gap between the rich and the rest of the population.

Steffler linked the issues to Victoria-area families asking for a mortgage from a bank.

B次元官网网址淣ow (the banks) have a hold on peopleB次元官网网址檚 real assets and they have to pay back the banks with real money, real work,B次元官网网址� he said.

B次元官网网址淚f you or I tried to do that, weB次元官网网址檇 be indicted for fraud because weB次元官网网址檙e not allowed to lend money we donB次元官网网址檛 have.B次元官网网址�

Occupy Wall Street started in New York on Sept. 17 and the concept has spread to cities all over the world.

Budd Hall from the University of VictoriaB次元官网网址檚 faculty of human and social development attended the first meeting of the local eventB次元官网网址檚 organizers.

B次元官网网址淭en days ago we had the first meeting here in Victoria,B次元官网网址� Hall said. B次元官网网址淚B次元官网网址檓 a student of social movements and I have not seen a social movement spread this quickly, ever.B次元官网网址�

The event runs from 10 a.m. to 1 p.m. and is open to the public.