Sunday, June 3, 2012

Money

Greetings good citizen,

Today’s offering is stunning example of ‘how sad is it’ when a 12 year old has to school us on what everybody should already know…but we dismiss it because that’s not how it works in ‘real life’.

Basically, her message was that banks create money “out of thin air” and lend it to people and governments at interest. If governments borrowed from their own banks, they could keep the interest and save a lot of money for the taxpayers.

She said her own country of Canada actually did this, from 1939 to 1974. During that time, the government’s debt was low and sustainable, and it funded all sorts of remarkable things. Only when the government switched to borrowing privately did it acquire a crippling national debt.

Borrowing privately means selling bonds at market rates of interest (which in Canada quickly shot up to 22%), and the money for these bonds is ultimately created by private banks.

Do you see the ‘missing piece’ of this puzzle?

It’s the piece where the corrupt get paid for that which is ‘free’ to them.

Then there’s the ‘lending money at interest’ part.

Considering how money is ‘conjured up out of thin air’ where the FUCK does ‘interest’ come in?

Because this youngster is correct, without ‘interest’ there wouldn’t BE a ‘Banking Industry’.

You know those chiseling fucks who keep putting the screws to you whenever you attempt to do something to make your life better.

Sometimes it’s an act of mercy, you really don’t know what you’re letting yourself in for, other times its malicious. Remember about there always being ‘room at the top’? Well what they don’t tell you is you have to commit a variety of class ‘A’ felonies to get there!
(If you’re not in line to inherit it from someone who got theirs ‘the hard way’.)

The thing to keep in mind is, at the end of the day; ALL money IS ‘funny’.

This ‘practice’ of clubbing/extorting others for what is free to you is what is destroying our civilization.

Don’t believe that, just take another look around you.

That grinding poverty you see? It is the ‘product’ of ‘insufficient interest’.

Just as those few oases of riches your eyes land on are due to a surplus of ‘interest’ (sadly it is mostly ‘self-interest’!)

Did I mention that all societies on this planet are run by criminals?

A pretty ‘reckless’ claim to make but, once again, the ‘truth’ is ‘self-evident’.

We all know it even if nobody dares to say it.

And the criminals don’t care if you know they are self-serving monsters…what they DO care about is anyone trying to stop them from behaving just the way they want to.

You and I can squawk all we want about how ‘unfair’ things are because you and I DON’T have the power to change things.

(Just because the ‘goon squad’ doesn’t pay you a midnight visit after you post a rant DOESN’T mean they don’t notice who is complaining and who isn’t…they know!)

The risk we ‘noisemakers’ take is when something DOES happen, depending on what it is and how it goes down, we might be pulled in for…er, ‘questioning’.

And in these sad days, questioning is just a half a step away from getting ‘disappeared’.

But anyway, once again I digress.

Back to ‘funny money’.

There is another ‘worse’ at play here. The infamous ‘they’ don’t care if you know the money is all funny so long as you keep ‘playing the game’.

What makes times like this ‘difficult’ is the inability of the average citizen to make ends meet on a paycheck that barely feeds them.

Which begs the other question, if all money is funny then why are the ‘rich’ so ‘stingy’?

Which isn’t the correct question, the rich are stingy because they are…wait for it…you know this one…I tell you all of the time!

STUPID!

The rich actually believe ‘money’ is ‘real’ (mostly because they can physically touch and hold ‘money’s placemarkers’.)

Which is to point out that, boy are the Goldbugs going to be surprised (actually shocked) when they learn their carefully guarded ‘precious metals’ are worthless!

Past performance DOES NOT guarantee future value!

And I’m going to tell you right here and now that gold WILL NOT be ‘monetized’ in the future if I have anything to say about it!

Yes, good citizen, look at how recklessly I keep sticking my neck out/shooting my mouth off about some mighty highly regarded ‘myths’.

And, in the words of a co-worker, who sagely opined that our civilization is just barely removed from a bunch of superstitious peasants’ They’re going to lynch you if you keep talking like that!

And he’s probably right. It also doesn’t matter that I didn’t coin the term Goldbug (which is interchangable with the term ‘Goldnut’!)

It is these myths that perpetuate our continued enslavement!

If we are to move forward we must shed these misguided beliefs!

(I sincerely hope that was not too much for some of you to wrap your heads around in one session.)

Thanks for letting me inside your head,

Gegner


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