vacuum
30th March 2013, 03:09 AM
I just saw this for the first time. It's very interesting, and the perspective is pretty unique, probably because it was one of the first videos of it's kind so everything was researched, built up piece by piece, and very well explained. I believe this was also created before the internet, so it's all old school research.
The money changers have always existed, and the primary mode of business is (1) monopolize control of the money, and then (2) collude to strategically inflate and contract it's supply such that they transfer wealth from the producers to themselves. It's almost like a water pump, there are two stages to complete a cycle.
Gold has traditionally been one of their favored monies because it has a limited supply and they hold most of it. The gold locks a society into the money changer's banks because only they have it, and then they add fractional reserve banking on top of that to have the flexibility to make loans with which they cycle the money supply.
Only within the last 300 years has the modern central banking system been in existence. These central banks give them the ultimate control to cycle an economy because they can inflate or deflate as fast as they want.
Historically, they've gained and maintained their power in the following ways:
Create a financial crisis by restricting the money supply and blame it on their opponents. When the public demands a solution, they present a more centralized bank or more favorable laws as the solution, and when they are created they start making loans again.
Create a war and finance both sides of it. This makes both nations at war greatly indebted to them.
Fund politicians which will do their bidding. Send out men with unlimited funds with the goal of achieving a specific political result.
Assassinate those who stand too strongly in the way.
http://www.youtube.com/watch?v=HfpO-WBz_mw
His solution is to issue public money instead of bonds, and buy our bonds with them. In order to eliminate massive inflation, increase the required reserves of banks gradually, such that an equal amount of debt money is destroyed as government money is issued. Eventually, all debt money will be replaced with government issued money, and the banks will be required to have 100% reserves; ie no more fractional reserve banking. They can lend out their own money if they want but they'll no longer have the massive levers of control over the money supply since they will no longer issue or create money.
It makes a lot of sense. I personally wonder if gold will be monetized in the new monetary system but silver will specifically not be. The reason would be because they own all the gold, and silver is just a pesky commodity like oil.
This central bank thing has only been going on for 300 years, so it's possible the entire system could go away and we could move to something else such as government issued money as has been done many times throughout history. We could also potentially move toward crypto currencies, perhaps in combination. The clock is ticking for them. Every day more people learn how their system works. And it can only work if people are ignorant of it.
One of the worst aspects I got from the whole video was how corrupt and easily corrupted senators, congressmen, parliaments, and politicians are overall. Most are either ignorant or sold out. It just seems they've really failed us, and failed humanity overall.
The money changers have always existed, and the primary mode of business is (1) monopolize control of the money, and then (2) collude to strategically inflate and contract it's supply such that they transfer wealth from the producers to themselves. It's almost like a water pump, there are two stages to complete a cycle.
Gold has traditionally been one of their favored monies because it has a limited supply and they hold most of it. The gold locks a society into the money changer's banks because only they have it, and then they add fractional reserve banking on top of that to have the flexibility to make loans with which they cycle the money supply.
Only within the last 300 years has the modern central banking system been in existence. These central banks give them the ultimate control to cycle an economy because they can inflate or deflate as fast as they want.
Historically, they've gained and maintained their power in the following ways:
Create a financial crisis by restricting the money supply and blame it on their opponents. When the public demands a solution, they present a more centralized bank or more favorable laws as the solution, and when they are created they start making loans again.
Create a war and finance both sides of it. This makes both nations at war greatly indebted to them.
Fund politicians which will do their bidding. Send out men with unlimited funds with the goal of achieving a specific political result.
Assassinate those who stand too strongly in the way.
http://www.youtube.com/watch?v=HfpO-WBz_mw
His solution is to issue public money instead of bonds, and buy our bonds with them. In order to eliminate massive inflation, increase the required reserves of banks gradually, such that an equal amount of debt money is destroyed as government money is issued. Eventually, all debt money will be replaced with government issued money, and the banks will be required to have 100% reserves; ie no more fractional reserve banking. They can lend out their own money if they want but they'll no longer have the massive levers of control over the money supply since they will no longer issue or create money.
It makes a lot of sense. I personally wonder if gold will be monetized in the new monetary system but silver will specifically not be. The reason would be because they own all the gold, and silver is just a pesky commodity like oil.
This central bank thing has only been going on for 300 years, so it's possible the entire system could go away and we could move to something else such as government issued money as has been done many times throughout history. We could also potentially move toward crypto currencies, perhaps in combination. The clock is ticking for them. Every day more people learn how their system works. And it can only work if people are ignorant of it.
One of the worst aspects I got from the whole video was how corrupt and easily corrupted senators, congressmen, parliaments, and politicians are overall. Most are either ignorant or sold out. It just seems they've really failed us, and failed humanity overall.