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The Money Scam makes us Slaves:
Gold is waterproof and indestructible in the sea of fiat currencies:
No financial storm blows gold over. No drenching rain will dissolve it. That’s why smart investors – and smart central banks – are watching the weather and accumulating gold. An economy with falling household incomes is not a good place to own stocks. Surely an economy that is barely growing doesn’t justify the highest stock prices of all time? And obviously the Central Bankers’ $85 billion a month bond-buying spree isn’t working?
With Central Banksters promising to print still more money, one would expect the value of gold to soar. Obviously, the work of computer manipulation programs that continue to do their work unrelentingly in keeping prices down for gold and silver! As the world is eventually going to discover, it is all a fraudulent Ponzi pyramid money system.
QE is a Zombie Enrichment Program:
Economists, analysts and advisors have been trying to figure out exactly what QE does. The Central Banks of the USA, EU, and Japan are adding more than one trillion to their respective monetary bases every 12 months, which in return should have some effect. Some experts say QE is an asset swap – interest-paying excess reserves for interest-paying Treasury paper- and not an additive instrument.
That’s definitely not the case as, while Central Banks continuously create money to buy Treasury bonds from the banks, the banks consequently buy more Treasury bonds, and so on. This transfers cash from the Fed to governments, and it saves governments having to get it from other sources at higher rates of interest. All money, like water, eventually finds its way to the sea. And when trillions per year are added to the economy, it is bound to raise the sea level.
Why is gold waterproof? When the wide ocean of cash, credit, derivatives and connivance breaks into open fury – with howling winds and towering waves – gold will stand tall and self-assured, like an indestructible lighthouse.
What’s the real point of the current Central Bank-managed paper monetary system? It is a system that insiders can manipulate. They manipulate the value of our money, lie about what is really going on and steal wealth from savers and workers to pay for their pet projects and give money to their zombie friends. That’s the way it has always been and forever shall be, period. Unless they are stopped.
Charles de Gaulle’s economist, Jacques Rueff, explained already in 1958 why inflation seemed to boost employment. It was because inflation robbed the workers of their wages, lowering labour costs, and making it easier for employers to hire them. And Marc Faber explained recently, how QE robs more than 90% of the population to pay off the elite brotherhood. All the Fed’s QE liquidity goes into stock prices! Who makes money when stock prices rise? Wall Street and its elite clients! Everybody else loses.
And what about the zombies? The government borrows the Central Bank’s fake money, created out of thin air at record low interest rates. What happens to the money? Does it go to the taxpayers? Does it go to real, productive businesses, or to real, productive workers? Nope. It goes to zombies of all sorts – to the 7 out of 10 families who get more from the government than they pay in taxes, and to the defence contractors for their war games. QE is a Zombie Enrichment Program. The sooner it ends, and the sooner the Fed is abolished, the better off we, the people will be.
Meanwhile since 2008 nothing has changed whatsoever regarding the root cause of the financial crisis. The world still has massive amounts of debt, far too much to safely finance. The EU and VS continue to borrow larger and larger amounts, as if nothing went wrong. Nowadays, once again, financial institutions’ profits make up a huge, disproportionate amount of the total profits of the S&P 500.
And it’s not just the U.S.
“In the EU, government debts totalled 66% of GDP in 2007. Today, they’re close to, or probably over 100%. In the United Kingdom, government debt equalled 43% of the economy in 2007. Today, it’s also over 100%. Unbelievably… no one in the developed world seems to be able to generate wealth anymore, only more debts.”
“To finance these debts, the EU and US continue to sell parts of their assets to foreigners. By doing so, they will become increasingly poorer over time. Ten years ago, the combined economies of Brazil, Russia, India, and China – the so-called “BRIC” nations – equalled roughly 29% of the US economy. By 2007, their economies were equalling up to 53% of that of the U.S. Today, they equal 91%. The borrowing is fuelling their boom.”
“In 2009, the Federal Reserve began to massively monetize the U.S. debt, allowing the U.S. Treasury to issue more debt and repay existing debt by simply selling it to the Federal Reserve (which creates the funding for such purchases by printing the money). The Fed has since printed upwards of $3.5 trillion. And recently has promised to keep doing so. As a result, since 2007, M2 – the basic measure of money in the economy – has increased by 38% in the U.S.”
And so: what are U.S. foreign masters doing? They’re dumping Treasuries and buying U.S. assets. Chinese firms now own IBM’s personal computer division, the AMC movie-theatre chain, pork producer Smithfield, plus some of their most valuable new sources of energy via equity deals with Devon Energy and Chesapeake Energy. So far in 2013 alone, China spent $10 billion on U.S. assets, compared with less than $1 billion in 2008.
Foreign masters will soon begin buying massive amounts of U.S. property, as they move their holdings from the obligations of Freddie and Fannie into the underlying assets. In 2012, the Chinese bought $3 billion in commercial real estate in California. Soon, they’ll begin buying huge packages of U.S. residential houses. Thus, in three or four years millions of Americans will literally be paying rent to the Chinese. This is going to happen, for sure.
Pushing the inevitable collapse into the future:
Those who are grateful to the Central Bankers and government for “bailing out” the economy, should think again. All that is really being done is that they are pushing the inevitable collapse of the economy further into the future, by selling off our greatest assets to their foremost economic rivals. This is truly the worst possible strategy with catastrophic prospects. Imagine what will be left in 20 years.
The Money Scam makes us Slaves:
The Greatest Scam on Earth is The Money Scam! The Money Scam is hidden right out in the open, yet buried in complication and confusion. A retired banker describes simply the world’s Money Scam and the reason every country is now going bankrupt.
Private bankers have stolen the money creation process, in contrast with the governments which once created their own money debt-free. The money today is created out of thin air by these banksters and issued as debt with interest charges, owed to the private banks. In today’s banker-controlled world, money = debt, debt = slavery and therefore money = slavery. The monetary systems have become systems of enslavement. Money is created out of nothing, issued as debt, while not enough money is created for the future interest payments and inflation steals our savings. The money-creation process should be taken away from the Central Banks and given back to the people’s governments who can create money debt-free, and interest-free. This is how it used to be done without the need for income taxes. In this video, it is simply explained what we should do to stop supporting the money scam.