The Illuminati exposed by Gaddafi
- Thread starter gasbanni
- Start date
Fiat money stopped being dependant on actual gold reserves about 200 years ago didn't it? I think many people are under the impression that physical gold/cash reserves form the basis of the monetary system, as though there is some giant vault somewhere underpinning every countries finance...
According to money mechanics money does not exist until you borrow it, it's only when you borrow money that the money is created. Interest is then charged on that borrowed money, but the physical money itself does not exist, it never did.
Everything is based on debt/usury to some degree.. essentially a bank note is a promise to repay a debt.. so the more money in circulation the more debt.. and the bright sparks at the top think that by spending and printing more money the world is going to be saved, it just creates larger and larger debt bubbles.
Eventually the people will turn their attention to those that control the money and the people will decide if they want to live by those rules or whether they want something else. If they want something else there will be untold bloodshed because those oligarches/banking families that have grown accustomed to their wealth and privilege will most likely do whatever they can to sustain their influence.
According to money mechanics money does not exist until you borrow it, it's only when you borrow money that the money is created. Interest is then charged on that borrowed money, but the physical money itself does not exist, it never did.
Everything is based on debt/usury to some degree.. essentially a bank note is a promise to repay a debt.. so the more money in circulation the more debt.. and the bright sparks at the top think that by spending and printing more money the world is going to be saved, it just creates larger and larger debt bubbles.
Eventually the people will turn their attention to those that control the money and the people will decide if they want to live by those rules or whether they want something else. If they want something else there will be untold bloodshed because those oligarches/banking families that have grown accustomed to their wealth and privilege will most likely do whatever they can to sustain their influence.
B
Brigade77
Bitcoin terrifies them. Expect some very serious anti-propaganda against it in the near future !
Although the future is a 'cashless' society, they need this to be able to charge a negative rate of interest.
I expect the first move towards this to be micro payment system universally invented & adopted by the banks. A system introduced where a micro payment (i.e. 0.001p) can be taken from an electronic wallet to pay for things like visiting a website. This is LONG overdue.
I was told a long time ago to forget trying to understand politics because politicians (& therefore any democracy) has little to no influence in the way the economic system works. Forget politics . . . learn economics !
In the wild west a man could pack his family & belongings into a wagon, drive it for 10 days, stake a claim & begin to work his land. Every day he worked, every hour of his labour was rewarded by his life becoming a little bit better, a little bit easier.
What went wrong? When did life stop getting better for us that work?
Although the future is a 'cashless' society, they need this to be able to charge a negative rate of interest.
I expect the first move towards this to be micro payment system universally invented & adopted by the banks. A system introduced where a micro payment (i.e. 0.001p) can be taken from an electronic wallet to pay for things like visiting a website. This is LONG overdue.
I was told a long time ago to forget trying to understand politics because politicians (& therefore any democracy) has little to no influence in the way the economic system works. Forget politics . . . learn economics !
In the wild west a man could pack his family & belongings into a wagon, drive it for 10 days, stake a claim & begin to work his land. Every day he worked, every hour of his labour was rewarded by his life becoming a little bit better, a little bit easier.
What went wrong? When did life stop getting better for us that work?
Increased mechanisation and automation = job obsolescence. Increasing population adding to this. I think in 100 years if the air is still breathable, there won't be jobs/employment as we know it today. I think largely robots will be used to run and micromanage our infrastructure and most probably there will be a set minimum/mandatory income for everyone on the planet whether they contribute to the system or not. http://usuncut.com/news/edit-complete-hw-stephen-hawking-says-really-scared-capitalism-not-robots/
''If machines produce everything we need, the outcome will depend on how things are distributed. Everyone can enjoy a life of luxurious leisure if the machine-produced wealth is shared, or most people can end up miserably poor if the machine-owners successfully lobby against wealth redistribution. So far, the trend seems to be toward the second option, with technology driving ever-increasing inequality.''
Of course nobody on this forum will be alive to see this reality, but eventually it will come into fruition, it is the only way the human species will survive.
I suggest if interested, research Peter Joseph and the Zeitgeist Movement. Some incredibly insightful reading and years and years ahead of it's time.
https://www.amazon.co.uk/Zeitgeist-...UTF8&qid=1472678277&sr=8-1&keywords=zeitgeist
''If machines produce everything we need, the outcome will depend on how things are distributed. Everyone can enjoy a life of luxurious leisure if the machine-produced wealth is shared, or most people can end up miserably poor if the machine-owners successfully lobby against wealth redistribution. So far, the trend seems to be toward the second option, with technology driving ever-increasing inequality.''
Of course nobody on this forum will be alive to see this reality, but eventually it will come into fruition, it is the only way the human species will survive.
I suggest if interested, research Peter Joseph and the Zeitgeist Movement. Some incredibly insightful reading and years and years ahead of it's time.
https://www.amazon.co.uk/Zeitgeist-...UTF8&qid=1472678277&sr=8-1&keywords=zeitgeist
On the contrary, I think we already have reached this state.
In the fifties, men, with just a normal job, could earn enough to support a family - not well off but they managed.
My Dad bought a house in 1952 with a deposit and mortgage for £1,500 just a little terraced.
House prices and other prices went up very slowly and he progressed to a three bed semi in 1963 for £3,000.
Then between 1963 and 1971 house prices quadrupled - £12,000.
So, the people coming along then (me), had to have two earners in the family or not be able to buy a house. It is not a recent happening.
Around 1990 mortgage interest doubled to 15% - work out your mortgage if that were the rate now.
I often wonder about the economics of mechanisation and workmen.
Companies seem to have the money for any machine or vehicle they want but hate paying wages.
In the fifties, men, with just a normal job, could earn enough to support a family - not well off but they managed.
My Dad bought a house in 1952 with a deposit and mortgage for £1,500 just a little terraced.
House prices and other prices went up very slowly and he progressed to a three bed semi in 1963 for £3,000.
Then between 1963 and 1971 house prices quadrupled - £12,000.
So, the people coming along then (me), had to have two earners in the family or not be able to buy a house. It is not a recent happening.
Around 1990 mortgage interest doubled to 15% - work out your mortgage if that were the rate now.
I often wonder about the economics of mechanisation and workmen.
Companies seem to have the money for any machine or vehicle they want but hate paying wages.
