The Economic Big Picture
It's happening again just like back in the 1930's. Sure we have the same paper money central banking system just like the old Soviet Union. I agree that our bankers are having a longer run than their communist counterparts. However, the reign of free range slave script is coming to an end. Here's why.
The powerful bankers and corporate movers and shakers use the money supply to control what has come to be known as the "business cycle." The business cycle is the boom bust periods that we have experienced nationally and now globally for a hundred years or so. The central bankers claim that their fiat money can moderate the business cycle. In actual fact it is the supply of fiat money itself that causes the business cycle. If you know what the supply of money is going to be then you also know what direction prices will be going - as only the central bankers and their friends know. So they buy when prices are depressed during times when they cut the money supply. But they sell when they drive up prices as they increase the money supply.
But running a national and now international monetary scheme is no easy task. I would not even try it if Rothschild himself called me up this morning and offered me the position with a huge salary. So now, as in the 1930s, the central bankers have really screwed up the economy. But to them this means that they are owning too many assets that have plummeted in value due to the collapse in the money supply. Normally they just lower rates and get more suckers to borrow the money in order to create more money. However, the central bankers have already obligated so many people and corporations the world around with debt that will never be paid back that they'd be damn fools to lend out more dough to the dead beats.
So to the bankers the problem with the economy is the price of the things they own is too low. But to regular people the price of most things remain too high as well as the economy seizing up because nobody is sure what the price of things will be tomorrow. Add to this doubt the loss of jobs a price frozen economy causes and nobody feels like spending any money. Unfortunately, the bankers are only trying to fix their problem while smugly hoping it solves our problem too. In about ten year or more it will once prices bottom out. All these TARP programs and bailouts are in actuality attempts to drive prices back up so the bankers can unload their stuff. They are creating free money then lending it out for a song often to themselves or through their intermediaries. Many are actually paying themselves off with public tax money with the excuse that the institutions they own would take the economy down if they failed.
Our problem however is the price structure of virtually everything is uncertain due to the violent jolts in the money supply of all the various currencies in the world. In a nut shell we have a price frozen economy. But the bankers and their employees in Congress only try to fix their problem. I defy anyone to show me one piece of legislation passes recently that does not prove my case. We are TARPed into the poor house while the central bankers dine in gilded palaces. Have you ever seen the inside of the Federal Reserve building? POSH accommodations to be sure. But if you are among the millions of Americans living in tents with the kids while these banksters board up their properties for a decade until the prices are high enough to sell, then the problem is money. You don't have enough of it and those who do can't be sure what it's worth.
The solution is gold and silver money that we the people own rather than the free range slave script that the international bankers own. The reality is once individuals have real gold and silver money to spend, prices will stabilize and we will no longer be free range slaves at all. The income tax would be gone as well since only fiat paper money can make this tyranny possible just like the mine script in those West Virginia company stores. Free men and women with their own gold and silver money would be damn fools if they gave the government a cut every time they spent or received some of it.
Damn fools is what we are as long as this free range slave script currency remains legal tender. Gold, silver and other actual commodities possessing value are the only choices for the currency of free individuals. As you digest this food for thought, save the paper to wipe away the results but never for money.
The powerful bankers and corporate movers and shakers use the money supply to control what has come to be known as the "business cycle." The business cycle is the boom bust periods that we have experienced nationally and now globally for a hundred years or so. The central bankers claim that their fiat money can moderate the business cycle. In actual fact it is the supply of fiat money itself that causes the business cycle. If you know what the supply of money is going to be then you also know what direction prices will be going - as only the central bankers and their friends know. So they buy when prices are depressed during times when they cut the money supply. But they sell when they drive up prices as they increase the money supply.
But running a national and now international monetary scheme is no easy task. I would not even try it if Rothschild himself called me up this morning and offered me the position with a huge salary. So now, as in the 1930s, the central bankers have really screwed up the economy. But to them this means that they are owning too many assets that have plummeted in value due to the collapse in the money supply. Normally they just lower rates and get more suckers to borrow the money in order to create more money. However, the central bankers have already obligated so many people and corporations the world around with debt that will never be paid back that they'd be damn fools to lend out more dough to the dead beats.
So to the bankers the problem with the economy is the price of the things they own is too low. But to regular people the price of most things remain too high as well as the economy seizing up because nobody is sure what the price of things will be tomorrow. Add to this doubt the loss of jobs a price frozen economy causes and nobody feels like spending any money. Unfortunately, the bankers are only trying to fix their problem while smugly hoping it solves our problem too. In about ten year or more it will once prices bottom out. All these TARP programs and bailouts are in actuality attempts to drive prices back up so the bankers can unload their stuff. They are creating free money then lending it out for a song often to themselves or through their intermediaries. Many are actually paying themselves off with public tax money with the excuse that the institutions they own would take the economy down if they failed.
Our problem however is the price structure of virtually everything is uncertain due to the violent jolts in the money supply of all the various currencies in the world. In a nut shell we have a price frozen economy. But the bankers and their employees in Congress only try to fix their problem. I defy anyone to show me one piece of legislation passes recently that does not prove my case. We are TARPed into the poor house while the central bankers dine in gilded palaces. Have you ever seen the inside of the Federal Reserve building? POSH accommodations to be sure. But if you are among the millions of Americans living in tents with the kids while these banksters board up their properties for a decade until the prices are high enough to sell, then the problem is money. You don't have enough of it and those who do can't be sure what it's worth.
The solution is gold and silver money that we the people own rather than the free range slave script that the international bankers own. The reality is once individuals have real gold and silver money to spend, prices will stabilize and we will no longer be free range slaves at all. The income tax would be gone as well since only fiat paper money can make this tyranny possible just like the mine script in those West Virginia company stores. Free men and women with their own gold and silver money would be damn fools if they gave the government a cut every time they spent or received some of it.
Damn fools is what we are as long as this free range slave script currency remains legal tender. Gold, silver and other actual commodities possessing value are the only choices for the currency of free individuals. As you digest this food for thought, save the paper to wipe away the results but never for money.
posted by Tomás Estrada-Palma at
5:04 AM
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