When Your Income Vanishes No Printing Press Will Show Up

The "USA" and "Law" are figments of your imagination...

The only thing holding the world together at the moment is the leveraging of leverage and ignorance of that fact...nothing more.

Here is the progression of monetary systems...

Barter
Commodity based currency
Gold and Silver
Fractionally reserved Gold and silver
Fractionally reserved Debt

Sometimes hyperinflationary systems show up but are mostly an extension of The fractionally reserved debt system...Rome in the end depended on a combination of Debt backing debt and hyperinflationary (The creation of non backed money). Our current money supply is backed by debt...In hyperinflationary systems it is backed by nothing except a printing press or coin punch...

My favorite is private property...What if I own all the property? Then what?

All economic systems operate by the top sucking from the bottom...eventually no matter what system you have the bottom is sucked dry...

That is the stage we are in and there is no other system to switch to...Implosion is an effect of the system's normal operation...

Gold and silver systems implode also...that is why we have the current system...

The US ran out of gold in 1971 so there was two choices implode or switch to a debt backed system...

A compounding interest commercial bank lends out deposits at interest...When you save money it is not spent...like in your mattress...or in a shoe box...etc.

What a typical compounding interest commercial bank does is turn saving into spendings...So the savings are actually spent into the economy...Spendings sustain the economy...Spendings lead to price inflation...

Lets say you had a choice...spend money to bid up a commodity or put your money in a bank and save it...The bank just lends it out into the economy and someone else will then bid up the price of a commodity...

Hi yes I would like a loan...I really want to start saving so if you could lend me $100,000 to save I can get started...

You are not saving money from being spent putting it into a Bank...All those savings being lent out as spendings into the economy eventually end up back in the bank as deposits to be relent out as spendings...

The debt inflationary cycle...

Now the economy becomes dependant upon this cycle...You all are currently.

In a static monetary system based on gold and silver as money there is a maximum potential...

When the total money supply is utilized to its maximum potential the debt inflationary cycle switches into a debt deflationary cycle...

Stage 1 of a compounding interest commercial banking system is...

Inflation of debt and the destruction of savings...

Stage 2 is the deflation of debt and the destruction of equity...

Stage 3 is the bankruptcy of the banks, collapse of the economy and division of labor.

All the banks that have existed in the 600 year history of compounding interest commercial banking have had a debt inflationary policy...

You can not derive profit from a debt deflationary policy...

The debt inflationary policy is the only policy...

Here's what a debt deflationary policy would look like...

I will lend you $100,000 at -10% for 25 years...

Here is a debt inflationary policy...

I will lend you $100,000 at 10% for 25 years.

And the Central Banks don't set interest rates...The market does...It is a lie that is told...

How could the Federal Reserve set interest rates high enough on savings accounts to encourage savings but at the same time set interest rates low enough to encourage lendings which is how a bank sustains its operations?

Lets say 10% and people flock to the bank and make deposits in savings accounts like a reverse bank run...But where is the Bank going to get all the interest they owe the depositors if interest rates at 10% are too high to encourage lending to support the savings interest rate and don't even gain enough profit, which is zero, to sustain operation of the bank?

VOLUME...If you can't sustain your profitable business selling a product at a high price then you have to lower prices until there is enough volume to sustain the profitable business...

That is why interest rates in the USA have been dropping for 23 years...

To acquire the needed amount of lending volume which Economists call Aggregate demand to sustain the required amount of debt inflation to prevent but more accurately postpone the inevitable implosion of the compounding interest commercial banking system for as long as possible...

The BIS was made the central bank of central banks in 1930 to basically monetize and reorganize the BANKRUPT Crown system that went bankrupt in the late 20's. The Hyperdeflationary shockwave that began in Europe with the popping of the looting of Germany bubble in 1924 to 1925 reached the USA 1929...

It caused the so called Great Depression...The USA collapsed but the top was able to save the USA from implosion...

This time they are not going to save the USA or Europe or the rest of the world from complete and utter implosion...There are no more accounting tricks at least none that can last decades or years...Enjoy the burning embers of the good old days...The books that have not been balanced in 314 years are really going to have to be this time...

The entire 314 year old Global system is going to suffer the largest hyperdeflationary implosion in history when the largest debt inflationary self delusional bubble in the 600 year history of compounding interest commercial banking reaches maximum potential and implodes...

This will make the Great Depression look like a complete and total walk in the park...This will make the Great Depression 1929-1933 (USA) and the bankruptcy reorganization of the then 239 year old Global Crown system 1933-1945 that followed be reduced to insignificance...

There have been many collapses and consolidations...The crash happens in between stage 2 and 3...Recessions...lead to depressions...which can lead to the very rare general break down crisis...

The general break down crisis of the Global crown system that hit the USA in 1929 was contained...

After WW2 (The reorganization portion of the 1933-1945 bankruptcy reorganization of the global system) the USA was the only economy that was still functioning and was made the demand or Brawn of the Global system...

England was too small...prior to the 20th century the Pound was the world reserve currency...Then basically all the way up to the late 20's the Pound and the US Dollar were a dual world reserve currency...and of course after the bankruptcy reorganization of the global system the US dollar was the single world currency of the new world order...

The New World Order is always around the corner it's always coming...

The Old World Order is replaced...The old self destructing lie is replaced with the new lie...

What is different this time is that there is no demand bigger than the USA...So there is no ability to switch to a bigger demand from a smaller demand to sustain the demand of the Global system...

You surely have heard the parrots say "It's global now." Yes...Unless we become trading partners with another planet...Jigs up...

The USA is the heart that pumps the lifeblood to the rest of the body...It's about to suffer a heart attack and basically die...Like England did in the first half of the 20th century...

Now people say that China is going to take over...China is a part of the body that depends upon the heart...When your heart is failing you don't solve that problem with an arm transplant...How about the EU?

It is in debt up to its eyeballs almost as bad as the USA...It would be like getting a heart transplant to replace a failing heart with a failing heart...

All the Central Banks are interconnected to the Bank of England (1694) which in 1929 went Bankrupt and the Bank for International Settlements was set up to be the Central Bank of Central Banks or the Brains...So whatever policy that is game over is the policy the Brains dreamed up and caused the other Central Banks and attached commercial banks in the Global network to adopt...

All the policies for 314 years have basically been dreamed up in Europe...And then repackaged to appear to be policies dreamed up in individual countries to be sold/force fed to the unsuspecting drones in the Global food powered make work enterprise...

Everywhere I look I see "Nixon closed the gold window" The European owners/employers of the 314 year old Global food powered make work enterprise instructed Nixon to close the Gold window to postpone the inevitable implosion of the 314 year old Global food powered make work enterprise...

I really don't see how a global system that is already consolidated after 314 years of consolidation can consolidate further...

What they are calling for is a new heart where none exists...It's already one World...And in the past the One world system had a one world currency...GOLD and the system under the gold standard collapsed...

The current system is the solution they came up with to escape the maximum potential of the one world currency...the switch that was made in 1971...and it lasted 37 years so far and now they say that a new world system is needed?

What is needed is the construction of a non fractional system and compound interest must be eliminated...

Sorry there is no escape from the top sucking from the bottom system when the bottom is sucked dry...The logical conclusion of any game that you can't prolong any longer is game over...

Then you can play the same game again and call it new but there is no new game...

Suck from the bottom to the top until the bottom is sucked dry is the name of the Game the top has been playing for 6000 years and it always ends and always ends the same...And when the next game of suck from the bottom to the top until the bottom is sucked dry is started it's called the new game...

So when are you all going to start suffering the consequences?

It's starting...

The top has excuses and scapegoats already manufactured for your consumption...Well how else are all you absolute capitalist drones going to play the take more than you give game for as long as possible?

How else are you all going to cherish the delusions you all cherish that you are winning if they can't be sustained by ever greater amounts of more and more and more when is enough enough?

Soon the mass delusion is going to reach maximum potential and shatter...the reaching of enough reguardless of what you all need, want, or desire to the contrary...

Then you all will blame everyone and everything except yourselves for the consequences of your actions...like the game always ends...

It was over before it started...Always was, always is, and always will be...

There never was a new system...It's been the same for 6000 years...And prior to records being kept and surviving...It was the same game...

The search for excuses (reasons) to make mistakes (cause actions) and then a search for excuses (reasons) to limit or attempt to escape the consequences (effects) of the mistakes (actions you caused).

Until you run out of excuses (reasons) then you are forced to suffer the consequences (effects) of all the mistakes (actions) in the chain of mistakes (actions).

It's the first mistake in the chain that produces the consequences you can't escape from not the last mistake you make that you can't escape from...

Like a criminal who thinks the last mistake was what caught him when it was the first mistake choosing to become a criminal, years or decades previously, that he is suffering the consequences of...

Our ancestors were criminals and so are we...And are going to be caught by the choice that they made that we being good little boys and girls chose also...

You don't think so? You don't believe so?

Neither do I...

I know so. But what I know or don't know is significant to me...It's insignificant to all of you since I can't force/persuade you to know...

You all as individuals are the only ones capable of forcing/persuading yourselves to know...

You have to figure out how to know...Until you accomplish that simple feat you will have to think you know or believe you know or have faith in what you think or believe you know...And continue pondering, speculating, and hoping that one day you will know what you don't want to know.

Then I will not be telling you all what you don't want to know...Because you will know as much as me...

Which is slightly more than nothing...

I guess you are all suffering from the just think positive inflation forever religion...

I don't usually post other posters work but MANNFM11 knows the score...

From MANNFM11 at Prudent Bear Chat:

"Until you understand the Fed hasn't given away one thin dime, much less trillions that everyone seems to be screaming about, you will continue to believe this nonsense....We are the fools borrowing this stuff, they aren't giving it away."

The last sentence is "We are the fools borrowing (requesting commercial banks to create debt out of thin air with interest attached) this stuff, they aren't giving it away."

And they won't be giving it away either...The Treasury prints FRN's...The FED does not print a thing...

Current consumer income is mostly previously created out of thin air debt with interest attached by Commercial banks at the request of the consumer or other consumers in the system...

Current consumer income which is mostly previously created out of thin air debt is used as a basis for consumer requests for commercial banks to create new debt out of thin air with interest attached...

Also debt inflated assets like real estate and stocks can be used as collateral in the mix...

Federal Reserve Notes or what are mistakenly called US Dollars only need to be printed in a debt backed by debt system when...

1. A previously printed FRN wears out and needs to be replaced...The vast majority of the money printing currently going on is to supply ATM's with cash that will not jam the machines...The FED retires/destroys and replaces Billions of dollars of FRN's every week...

2. The demand for printed FRNs begins to outstrip supply in bank vaults...

There is no wage inflation...one by one each sector (debt inflated empire) in the economy will cave in due to lack of debt inflationary growth to support the production and distribution of product...

During the Great Depression, England dumped grain at sea in an attempt to raise the price while children starved...

In the US from 1929 to 1939 the population dropped by 8 million...

Luxury cars? They increased in engine size and price before they collapsed...

During the Great Depression there was no shortage of anything...except consumer consumption of debt...or debt inflation great enough to overpower debt deflationary potential...

This time should be a little different since there is more cartel control...But this time the US economic system is post industrial so it is ultra exposed to debt deflationary shocks and the banking system in 1929 was far stronger... the majority of the money supply was still static...the actual dynamic portion or Debt out of thin air with interest attached was maybe 30% to 40% of the total supply...

Now the dynamic portion that will contract in a hyperdeflationary implosion is either 97% or 100% depending how you account for debt...

This is all a replay but far worse...The New World Order plan? The League of Nations...Globalization and Free Trade? All implemented after WWI...and was the primary reason why the Great Depression happened...Back then the US could actually produce its way out of the Hole...It was also self sufficient in energy production...

The US is in the weakest position economically in its entire history...

A house of cards that is about to be hit by a hyperdeflationary implosion of debt hurricane...

All the other houses of card nations in the world are hopelessly dependant on the US house of cards for debt inflation to support their houses...

When the US caves...everyone else will be sucked to their doom also...

I don't know how we get hyperinflation first...How do you get hyperinflation without wage inflation? The Number 1 export of the US is debt inflation...

The US was beginning to hyperinflate in the 70's but due to the implementation of the controlled destruction of the economy policy in 1979 the US offically switched from a industrial producer nation to a post industrial consumer nation...

The Number 1 product that consumers in the US request the commercial banks to manufacture for consumption is debt...without wage inflation there will be no hyperinflation...All the job growth in the last eight years has taken place outside of the US in China and India...and close to 100,000 Mexicans were crossing the border a month...so wage inflation in the US is not going to happen...The replacement of 3 decades of trashed industrial productive ability is not going to happen in the next few months either...

The division of labor in the US which is basically just a debt inflated make work Ponzi scheme will suffer a mind boggling collapse...300,000 workers a week for the past 8 years have been laid off and recycled into lower wage brackets or oblivion...Tens of thousands of workers a week run out of Unemployment Benefits and are not counted any more...

Everything I've posted about has become sickeningly blindingly self evident...

A hyperinflation of a fiat currency destroys it...In Germany people across the spectrum refused it in the end...It was by law money but everyone refused it...That is why I don't see a hyperinflationary printing press plan taking effect and without a wage inflation mechanism, a hyperinflation like Germany is structurally impossible...Gold and silver coin are in short supply, they don't come from a printing press and can't be created out of thin air so they will find a level in the market place...since they float against everything else including FRNs which are hard to counterfeit and are also in limited supply...

The printing press talk is just talk...The last straw to explain away the hyperdeflationary implosion truth...

There's going to be an implosion...no there's not silly...we have an invention called a printing press...it's impossible...hahaha fool...

During the Great Depression the Federal Reserve had an obligation to purchase FRNs from the Treasury to make the accounts of the member banks liquid with cash...The FDIC was not needed and is mostly just a scam, a psychological tool...But the logistical problems showed up so all the FED did was support the Big money center banks which then consumed all the smaller banks who were left to die in fits of agony...

One minute you are a Millionare Banker the next you are digging ditches to prevent starving to death while your wife is turning tricks...

Now the Gold and silver markets along with the stock markets will shut down at some point...The Gold and silver markets are debt inflated paper speculator markets which could not begin to deliver a fraction of the Gold and silver that would be demanded...The stock markets would implode to zero because almost all the companies are just debt inflated ENRON accounting Ponzi schemes...They would just cease to exist overnight...

Just the propping they accomplish now at Breakdown/out points takes massive monumental effort and coordination...You just can't comprehend how big this is...

The Tech wreck...Enron...etc...2000-2003 Bear market? That is just a Molecule on the tip of the iceburg...

When it hits full force you are not going to care any more...All this posting we do now will be the last thing on your minds...This site won't even exist...there won't be a way to pay for it or the servers or the ISP's or even electricity to run this show...

I can't even believe I'm talking like this...I can't even believe any of this...I'm just like all of you...I don't want to believe it...But unfortunately I know far too much for my own good...

The implosion began decades ago but we are in the terminal phase...the end game, so the implosion I talk about is when it becomes self evident...when the psychology of the just think positive inflation forever religion caves in...then we will rapidly crumble beyond current abilities to comprehend...A science fiction type economic horrorshow...

When your source of income vanishes there will be no printing press showing up.