Sunday, April 05, 2009

...Slowly Sucked Dry...


The total global money supply right now is around 200 Trillion Dollars. It is blowing around the planet right now beyond your ability to comprehend.

In the New York district the FEDwire handles almost 2 Trillion Dollars worth of transactions a day.

M1 is the measurement of a fart in the wind.

Zimbabwe is just reaching the point of collapse...All the holders of gold and silver coinage spent it all years ago trying to survive until the recovery that didn't come and any gold and silver coinage that went into circulation circulated out of the country and it didn't come back.

And it's the global trade system that has reached maximum potential and is imploding.

Zimbabwe still is connected to the rest of the world which is allowing them to survive...But there is no other world this world is connected to...to survive what is coming.

Inflation greater than previous Inflation does not last forever....It reaches maximum potential and transforms into inflation less than previous inflation to maximum potential.

The USA along with the rest of the world is not going to continue to inflate up...It's going to collapse down.

Poof.

Cry yourself to sleep for the rest of your life until the old generations of scared victims die off and are replaced with new generations of oblivious fools to take another run at it.

Unless the Governments of the world decree it to be money...They will not be rushing to get Gold.

Silver is what general circulating coinage was made out of.

There has never been enough GOLD so it could be used as the coin of the realm.

Not saying that Gold coins did not or do not exist.

But silver has been the coinage of the realm...sure Gold coins were minted...but peasants did not use them on a daily basis...Silver is what peasants used.

When the US Dollar was decreed into existence...All the circulating coinage of the world that the peasants or commoners utilized on a daily basis was silver.

Gold was confiscated in the 1930's...Silver was not touched at all.

Global trade was settled with Gold back then...and the USA owed Europe massive amounts...They called it all in....When the USA collapsed and imposed trade barriers...during the last Depression.

The Rothchild/Bank of England sponsored Gold standard act in 1900 which changed the US Dollar from silver to gold killed the 1792 defined US Dollar.

Ultimately...The Goldbugs destroyed the 1792 defined US Dollar.

Now they are basically praying for the hyperinflationary destruction of the USA to hit the jackpot.

But when you point that out they do like every criminal caught...claim ignorance.

But Hyper thats not how it's written down in all the books we have read...It's totally incompatible with our social engineering.

Yes I know.

They either have lots of gold and silver mines or will run a trade surplus or it's impossible.

Because if all these treasuries have no gold and silver...What are they going to use to obtain gold and silver?

Gold and silver?

How is a Treasury supposed to obtain all the Gold and Silver demanded by the population to construct coins if the Treasury has none?

Taxes?

Where then is the population going to get the gold and silver from to give the treasury the gold and silver it needs to construct all the coinage that the population demands the treasury to produce so that they can pay the taxes so that the Treasury can buy gold and silver?

You think you all are or have been missing something maybe?

You all love FRN's...Because without them...You could not buy Gold and Silver.

Ok get rid of FRN's...How do you all buy Gold and Silver?

How did the Governments of the world all these 1000's of years obtain all the Gold and Silver to construct coins if they don't own any mines?

Or is the Government supposed to own all the mines? Or are the Gold and silver mine owners the rulers and the Governments and all of you the subjects?

Please tell me how this is all supposed to work.

So then the US treasury is the only buyer of ore...or refined ore?

Like they...fix the price?

What if an ounce of silver costs 2 Dollars?

How will silver Dollars circulate if it's better to just melt them down and sell them back to the mint?

The population demands money...How are bills paid if there is not enough money produced to pay the bills.

Like at some point do you say...sorry folks...the mines are not producing enough silver and gold to sustain the continued growth of the economy...time to die?

Or invade another area that has higher producing mines...

Or just reduce the content of the coins?

First step towards an actual GOLD standard is for all the Governments of the world to stop the free market trade of GOLD and fix its value.

The Treasury of each nation would then become the only buyer...Coins with higher face value than the fixed value could then be produced and begin circulating.

Don't do the above...forget a Gold standard.

And as far as I can tell electronic Gold is just a derivative scheme currently.

Ultimately you are back to the scenario that when you have utilized the Gold supply to its maximum potential...Economic growth would have to stop and the economy would collapse.

Or lets say the mines increase the gold supply on average 3% a year but all the gold in circulation has been taken by the top and lent and relent into circulation over and over again and the entire supply has a 5% growth or interest rate attached.

It's inevitable that the bottom will reach the point where they can no longer pay the rent on the money supply or support a growth rate of the money supply by 5% but the supply of Gold is only growing by 3%.

So default is a certainty regardless how hard the bottom works or how obedient they are.

So it will start having to be fractionally reserved and when the fractional reserve shrinks to almost nothing then other materials will have to be utilized to construct money out of to sustain the bottom's ability to pay the rent due to the top...or rich.

It's not a myth...It's why the current system is in operation...to sustain growth past the Gold and Silver limit.

Then factor population growth...The more people the greater the demand for money becomes.

There is nothing stopping a person from starting a bank up...just have to start accepting deposits and making sure that when you start lending that you have more inflow of money than outflow.

And attaching interest to money or a growth rate does eventually lead to collapse.

The top lives off the yield from the bottom...

The bottom supplies the top with what the top needs to supply the demands of the bottom.

Everything the top has is obtained from the bottom.

The bottom of course demand compensation from the top for holding the top up..

The only place the top can obtain what the bottom demands as compensation for holding the top up is from the bottom.

The top basically owns the entire money supply which they either directly or indirectly lend to the bottom.

Basically the bottom has to rent the money from the top they need to pay the rent due to the top.

It's what has been going on for 1000's of years and is no secret.

The top owns everything...When the bottom gets paid and spends their paychecks the money just goes back to the top.

How do you think the top obtains all the money and power they have?

Where do you think all the money you spend goes?

Top sucks from the bottom.

Of course you could take money out of circulation and never ever spend it to stop supporting the top.

Now imagine all the raw materials you need to power the continued existence of your civilization other than Gold and Silver.

You can't run out of any of that either or scarcity will cause the prices to be bid up.

You fail to understand that just because a road exists does not mean it's going to be followed.

Because that's what you CLOWNS are pounding the table to get me to believe...

Well there's conditions that need to be met before a hyperinflation can start.

I see no evidence of any impending hyperinflation...and even if one were to all of a sudden ignite...It would be followed by a hyperdeflationary implosion regardless.

Nobody is hoarding enough cash to cause this.

In 2007 the consumers of the USA were requesting the commercial banking system to issue 11 Billion dollars a day of new money.

But now only around 6.5 to 7 Billion dollars a day of new money...

It's not hoarding...It's the consumers...they are maxed out.

You see those people auditioning for American idol...They go in thinking they are singers but find out...They can't sing at all...they stink...a total disgrace.

Some even in denial after the verdict.

That's what you clowns are but in the realm of economics.

Yes they are maxed out...It's why the growth rate of the money supply has slowed by the most in 65 years and the whole global trade system is crumbling.

And I see nothing right now showing any change...the economy has been slowing for over a year.

That 1 Trillion will not catch up...And it's not new money...its the US Government issuing bonds and borrowing 1 just under 900 Billion dollars from the money supply or total debt...that is currently around 52 Trillion Dollars.

Heres a classic case of inflation...

The Continental was the name of a paper currency issued by several American Colonies, as well as by the Continental Congress, after the Revolutionary War began

"The second Congress met in Philadelphia on May 10, 1775, and on that day, in secret session, the measure was agreed upon, but the resolution was not formed and adopted until June 22, the day on which news of the battle on Breed's Hill was received by the Congress. Then it was resolved

that a sum not exceeding 2,000,000 Spanish milled dollars be emitted by the Congress in bills of credit for the defence of the America,"

and that

"the twelve confederate colonies [Georgia was not then represented] be pledged for the redemption of the bills of credit now directed to be emitted."
Each colony was required to pay its proportion, in four annual payments, the first by the last of November, 1779, and the last by the end of November, 1782. A committee appointed for the occasion reported the following day the annexed resolution:

Resolved, that the number and denominations of the bills be as follows:
49,000 bills of 8 dollars each ... $392,000
49,000 bills of 7 dollars each ... 343,000
49,000 bills of 6 dollars each ... 294,000
49,000 bills of 5 dollars each ... 245,000
49,000 bills of 4 dollars each ... 196,000
49,000 bills of 3 dollars each ... 147,000
49,000 bills of 2 dollars each ... 98,000
49,000 bills of 1 dollar each ... 49,000
11,800 bills of 20 dollars each ... 236,000
———— —————
Total, 403,800 ... $2,000,000

Resolved, that the form of the bill be as follows:
CONTINENTAL CURRENCY.
No.———— ————Dollars.
This Bill entitles the Bearer to receive ———— Spanish milled Dollars, or the value thereof..."

"A committee was appointed to procure the plates and superintend the printing of the bills. The plates were engraved by Paul Revere, of Boston. The paper was so thick that the British called it "the pasteboard currency of the rebels." The size of the bills averaged about 3-1/2 by 2-3/4 inches, having a border composed partly of repetitions of the words "Continental Currency." On the face of each bill was a device (a separate one for each denomination) significant in design and legend; for example, within a circle a design representing a hand planting a tree, and the legend "Posteritat" — for posterity. Twenty-eight gentlemen were appointed to sign these bills. New issues were made at various times until the close of 1779, when the aggregate amount was $242,000,000."

The spanish milled dollar? Constructed from the silver looted by the Spanish self proclaimed Bond servants of Jesus from the Aztec and Incan civilizations which the Spanish annihilated in the looting for Jesus operation...

It was the most abundant coin in the New World...

The US Dollar showed up in 1792 by decree...The coinage act of 1792 and the US Dollar was decreed to be...

"Dollars or Units—each to be of the value of a Spanish milled dollar as the same is now current, and to contain three hundred and seventy-one grains and four sixteenths parts of a grain of pure, or four hundred and sixteen grains of standard silver."

so 371 grains X 242,000,000 = 89,782,000,000 grains/480 grains per troy ounce = 187,045,833 ounces of silver that no one had to spend especially the continental congress...

Taxation without representation? How about Hypocracy without representation? What was the solution? see below...

"The First CENTRAL Bank of the United States was needed because the government had a debt from the Revolutionary War, and each state had a different form of currency. It was built while Philadelphia was still the nation's capital. Alexander Hamilton conceived of the bank to handle the colossal war debt — and to create a standard form of currency."

"The First Bank's charter was drafted in 1791 by the Congress and signed by George Washington"

"This was a private Bank of which there were 25,000 shares issued of which 18,000 were held by those in England. The Bank loaned the United States money in exchange for Securities of the United States."

Hence the need for the 1792 decreed money or coinage act...

Anyways back to The So called Revolution...

Now there were 100's of chartered and unchartered commercial banks operating in the USA all during the so called Revolutionary war...and they used all those Continentals as collateral for loans...and inflated the debt supply of the colonies massively and there was massive hyperinflation and after the so called war eneded in 1783 the Continentals were not printed anymore and the hyperinflation (leveraging of old debts to create new debts to service the old debts at the resquest of the consumer) could not be sustained and the economy in the colonies suffered a hyperdeflationary implosion...The index of all commodity prices fell from 226 to 85...The Depression of the 1780's...Ever hear about it? History is written by the winners...ever hear that one...Well below must be the account of a loser...

"With trade at a standstill, farm produce a drug in the market, no employment for common labor, and little spiecie in circulation, court judgments for debts or overdue taxes could in most cases be enforced only by stripping a farmer of his real estate, his cattle, and his furniture. In Worcester County alone, 92 persons were imprisoned for debt in 1785"--Historian Samuel Eliot Morison.

In some places the economy imploded so deeply that grass grew waist high in the streets...

Or how about this account...of the civil war...Between the rich and poor made poor by the rich...

"As the situation worsened in 1786 armed bands of impoverished debtors forcibly prohibited courts from sitting including the Court of Quarter Sessions in Worcester County. Violence was most intense in New England and the Northeast, where population pressures combined with depleted soil to press subsistance farmers to desperation. Rioting mobs intent on preventing the enforcement of judgements against debtors struck in many areas, including New York, Connececut, Vermont, New Hampshire, Rhode Island, and Massachusetts."

"In Massachusetts, Connececut, and Rhode Island the discontent was organized along military lines. thousands of men, commanded by continental army Veterans and current officers of the Massachusetts state militia, were organized into rebel regiments."


The most important military engagement of these revolts was Shays's Rebellion, a battle for a Federal arsenal at Springfield, Massachusetts, on January 25, 1787.

"Their Creed is, that the property of the United States has been protected from the confiscations of Britain by the joint exeritions of all, and therefore ought to be the common property of all; and he that attempts opposition to this creed is an enemy to equality and justice and ought to be swept from the face of the Earth"--General Henry (Fort) Knox Commander, U.S. Government forces, on New England rebels in 1786

"What is to give us [Richmen] security against the violence of lawless [poor]men? Our Government must be braced, changed or altered to secure our lives and property"--General Henry (Fort) Knox Commander, U.S. Government forces to General George Washinton 1786

The above effects were after all the consequences of all that money the congress of Richmen decreed into existence to entice the poormen to fight the so called revolutionary war...

Another classic hyperinflation...

"ARTICLE 235 The Versailles Treaty June 28, 1919

In order to enable the Allied and Associated Powers to proceed at once to the restoration of their industrial and economic life, pending the full determination of their claims, Germany shall pay in such installments and in such manner (whether in gold, commodities, ships, securities or otherwise) as the Reparation Commission may fix, during 1919, 1920 and the first four months Of 1921 , the equivalent of 20,000,000,000 gold marks."

2790 Gold marks equalled 2.2 Lb of pure gold.

15,770,609 Lb of Gold or 7885 short tons of gold or 229,935,483 oz of Gold...

Quite a bit of GOLD...Especially when the total above ground stock around that time was 50,000 tons with around 25,000 tons monetary Gold world wide...

And Germany certainly did not have 7885 short tons of gold in 1919 1920 or 1921...

What to do then?

The British (Bank of England) basically told Germany to print marks to buy GOLD...From? The winning powers...

The Looting of Germany carry trade...Germany printed marks and then bought Gold then the amount of GOLD they owed dropped and the winning Powers still had GOLD and loads of marks...what to do with all those marks? send them home to roost buying raw materials and finished goods...the excess flowed into German issued bonds...

The marks flooded into the German commercial banking system allowing it to inflate the debt supply in Germany...The more GOLD Germany bought the more marks they had to print...Which caused the purchasing power to drop...It was quickly losing it's value...

But outside of Germany all the currencies were quickly gaining value...Basically German exports were getting constantly cheaper and cheaper...A free give away of German raw material and finished products basically...

This fueled the Roaring 20's until the mark was losing value so fast that it basically caused prices inside Germay to hyperinflate until it was impossible to account...The looting of Germany carry trade collpased in 1924 after about 14 months of Hyperinflation of prices or a hyperdeflation of the value of the mark...

The Hyperdeflationary shockwave spread out into the Global system...It hit in the USA late 1926 causing a collapse of the booming real estate sector which rapidly sold off and poured into the stock markets causing a massive mainia that reached maximum potential in late 1929...the USA and the rest of the world then collapsed from 1929-1933...

In 1944 at the end of the 1933-1945 Bankruptcy reorganization of the global system...Bretton Woods made the US Dollar the Global trade medium of exchange taking over from the British pound sterling and by default the US consumer became the demand of the global system taking over from the British.

The Bretton Woods global trade system has now inflated to maximum potential and the roaring "6 decades" are coming to an end.

So is there going to be a replay of of the above?

Bond yields rising signals a slowing down of demand for bonds.

Basically a shortage of money bidding bond prices up...

You clowns are so desperate for hyperinflation...Any mention of inflation is gobbled up.

Rising yields would be the coup de grâce for the US real estate sector...the #1 engine of monetary inflation on Earth.

The problem is that US Consumers are maxed out...

At these low rates...demand for debt is still not as high as it was in 2007...

Higher rates will destroy already weak demand...poof game over.

Hyperinflation? Yes of course it started in the 1970's Money supply was increasing along with bond yields.

Then something odd happened...money supply continued to grow while yields dropped and prices started to stop rising as fast.

Where did all that inflation go?

It was exported out of the USA.

"A Special Economic Zone (SEZ) is a geographical region that has economic laws that are more liberal than a country's typical economic laws. The category 'SEZ' covers a broad range of more specific zone types, including Free Trade Zones (FTZ), Export Processing Zones (EPZ), Free Zones (FZ), Industrial Estates (IE), Free Ports, Urban Enterprise Zones and others. Usually the goal of a structure is to increase foreign investment. One of the earliest and the most famous Special Economic Zones were found by the government of the People's Republic of China under Deng Xiaoping in the early 1980s. The most successful Special Economic Zone in China, Shenzhen, has developed from a small village into a city with a population over 10 million within 20 years."

And China in general as more zones were opened up has inflated like mad the last 30 years.

But the US consumer is maxed out.

The household debt to income ratio in 1970 was maybe 65% in 2000 it was 80%...now it's 130%

"The one-time fishing village of Shenzhen was singled out by late Chinese paramount leader Deng Xiaoping to be the first of the Special Economic Zones (SEZ) in China. It was formally established in 1979 due to its proximity to Hong Kong, then a prosperous British territory. The SEZ was created to be an experimental ground of capitalism in "socialism with Chinese characteristics"."

That's how the hyperinflation was stopped in the 1970's...The manufacturing sector was rapidly exported out of the USA from 1980 on...


It's a slow process...It's just going to get worse and worse...Until you and all the people around you are sucked dry.

Top sucks from the bottom.

The USA = Top/demand

The rest of the world = Bottom/supply

The global system needs the required amount of inflation to sustain its continued operation.

The required amount is not too much and not too little but always greater than previous.

The growth of the money supply has collapsed by the most in 65 years.

So too little inflation is obviously taking place.

Americans are obviously not spending enough to sustain the continued inflation greater than previous inflation of the USA and the world...It's as simple as that.

Time to collapse to oblivion.

The FED did not raise rates to fight inflation...

They follow the bond markets...How does the FED raise rates?

By increasing the amount of bonds in circulation?

Only the US Treasury can do that with authorization from the US Congress.

So the FED was not raising rates...to combat inflation in the 70's to the 80's

The supply of bonds was increasing faster than the money buying them.

The problem was solved by exporting the manufacturing sector out of the USA and for the US Dollars coming home to roost from places like Japan and China to buy bonds to bid the price up and yields down...to of course keep rates low so US consumers could continue requesting commercial banks to issue more and more new money to buy all the wonderful cheap imports from slave labor and low wage zones.

For basically 30 years.

But jigs up now.

As rates were rising in the 1970's the FED was following the bond markets up but saying the reason that they were raising rates was to fight inflation...

Nope...Just following along....and at the top when maximum potential was reached and rate yields were collapsing...they said something like they were lowering rates because of deflationary fears...

The FED does not raise or lower rates.

All the people of the USA operating in the economy of the USA dictate rates.

The FEDERAL RESERVE has very little real power to do anything...It's your religious faith in the Power of the FED that is the greatest source of its power over all of you.

The vast majority of what the FED says it can do and does...Is a lie.

Because you all have almost zero clue how the system works...you basically have to believe the lies are truth.

Years ago I belived that the FED set rates...It's what all the books told me...then I actually took the time to investigate if the FED could set rate...and found out they can't.

Most of you are so far gone there is no way you will ever catch up...you will until the day you die be at the complete and total mercy of liars.

Monday, March 23, 2009

You Will Soon Learn What The Word 'Miscalculation' Means


In 1944 at the tail end of the 1933-1945 bankruptcy reorganization of the Global trade system Bretton Woods made the US Dollar the Global trade medium of exchange taking over from the British pound sterling and by default the US consumer became the demand of the global system taking over from the British.

The US consumer is the demand of the world while the rest of the world is the supply.

The USA is addicted to imports?

WELL GUESS WHAT?

THE WORLD IS ADDICTED TO EXPORTS...Duh

Argentina has to destroy the value of its currency so that importers can afford their exports.

Argentina sends its exports to...

Brazil 19.1%, China 9.4%, US 7.9%, Chile 7.6%

Brazil sends its exports to...USA Number one consumer of Exports.

US 16.1%, Argentina 9.2%, China 6.8%, Netherlands 5.6%, Germany 4.6%

China sends its exports to...USA Number one consumer of Exports.

US 19.1%, Hong Kong 15.1%, Japan 8.4%, South Korea 4.6%, Germany 4%

Chile sends its exports to...

China 14.8%, US 12.5%, Japan 10.5%, Netherlands 5.8%, South Korea 5.7%, Italy 5.1%, Brazil 5%

Basically every economic zone on Earth has The USA as its Number one consumer of Exports or its number one consumer of exports has the USA as its number one consumer of exports.

Japan send its exports to...USA number one consumer of exports

US 20.4%, China 15.3%, South Korea 7.6%, Taiwan 6.3%, Hong Kong 5.4%

South Korea sends its exports to...

China 22.1%, US 12.4%, Japan 7.1%, Hong Kong 5%

Taiwan send its exports to...

China 32.6%, US 12.9%, Hong Kong 8.6%, Japan 6.4%, Singapore 5%

The largest consumer of the European Union's exports is the USA.

It's why WORLD trade collapsed by nearly 45 per cent in annual terms in the final three months of last year, according to the International Monetary Fund figures.

US consumers are maxed out...

Deflation is the word generally used to describe the observation of inflation less than previous inflation.

The USA within the context of the 1944 Bretton Woods global trade system has been inflating greater than previous inflation since then

Or 65 years.

That is coming to an end and the USA along with the rest of the global system is going to begin inflating less than previous inflation to maximum potential once the maximum potential of inflation greater than previous inflation is reached.

Civilization as you know it...Is going to deflate.

Hyper look...The price of this item has risen how do you explain that?

Simple...More demand for that item than supply.

Gold dropped today?

Did the supply of money shrink in relation to supply or did the demand shrink in relation to supply?

The money supply is still growing by about 5.6 Billion dollars a day so it's not a money supply problem.

Increasing the money supply is nice and all but you need people out there spending it...

Two houses and three cars not enough?

What's the FED going to do?

Buy everything and then increase the price by 5% and sell it all to itself again?

ALL OF YOU DRIVE THE ECONOMY...not a magic printing press.

And if you all can't drive the economy higher...

THEN IT'S GAME OVER.

There will be nothing to prevent you all from transforming from assets into unfundable liabilities that will have to be liquidated one way or the other.

The gold price will be driven by its small supply in relation to demand, the already existing 200 Trillion global money supply, and mindless animals desperate for yield by buying high and selling higher.

GOLD is mostly a useless metal that The top discovered a use for 1000's of years ago...Construction of money that is very hard to counterfeit because GOLD is so scarce.

How does that work?...Below is a hint.

The purpose of the Police and military is to protect the top from the bottom...To protect cause from consequence...The easiest prey of the hunter gatherer is the farmer and the simplest operation is the protection scheme...You are either with us or against us...All money is decreed money...fiat...

The top says this is money...Or else...period end of story....

You Farmer are on the Land owned by the LORD of the land and will pay tribute to the LORD of 1 Gold coin a year...

Where do I get this GOLD coin?

You can take one short ton of grain to the grainery of the LORD and there you will be given a GOLD coin for it and then you can give the gold coin to the servant of the LORD...

What if I refuse?

Then the LORD will drive you from the Land that the LORD is the LORD of...

There you go an abundant supply of free food to power your wildest hopes and dreams...Lies and delusions...

22 And the LORD said, Behold! The man has become as one of Us, to know good and evil. And now, lest he put forth his hand and also take from the Tree of Life, and eat, and live forever,
23 The LORD sent him out of the garden of Eden to till the ground out of which he was taken.
24 And He drove the man out. And He lodged the cherubs at the east of the Garden of Eden, and the flaming sword whirling around to guard the way of the Tree of Life.

Well what is done with all that Food the tillers of the LORD's land give the LORD as Tribute?

It powers the Absolute capitalist Hierarchial food powered make work enterprise...

The city state...Or Civilization...The thing you all popped into existence out of thin air within...the thing you did not create or own that you are in right now.

The above is how GOLD obtains its value.

Because the top owns all the money...and the bottom rents...All that you see is just an illusion to keep you paying the rent.

You are all chattel slaves period end of story.

Governments?

Are just administration systems of the Absolute capitalist hierarchial food powered make work enterprise.

The whole thing is owned by the top...the bottom pays the rent to the top.

Imagine if you owned everything...you would pay all the employees and they would blow their paychecks into the system and you would get all the money you paid the bottom back...

But what if the employees ask for more compensation?

Well the top has to raise the price of everything the bottom buys with their paychecks in order to increase the paychecks the bottom receives if the bottom demands more compensation from the top.

Banks?

Currently a consumer uses their current income which is mostly previously manufactured money as the collateral backing their request for a commercial bank to manufacture new money.

Without banks there's no effective way to expand the money supply.

A consumer knows how much they need to expand the money supply by...

Average bank prime loan rate is 3.25% so at 2% they are getting 1.25%

30 year fixed mortgages are around 5%.

The Banks only borrow money from the Federal Reserve if they have to...

Federal Funds until 2008 before the crisis was just an interbank overnight lending rate...

The commercial banking system does not need the Federal Reserve...The commercial banking system in the USA operated from 1836 until 1913 without any sort of Central bank...Ultimately all that the FEDERAL RESERVE was given in 1913 was the banknote monopoly...Prior to that all the banks in the USA issued their own banknotes...

The FEDERAL RESERVE can be abolished...The key to the system is the 600 year old compounding interest commercial banking credit system.

Every commercial bank in the world for the past 600 years was just a mini federal reserve.

The system is based on taking more than is given...or chopping down trees faster than they regrow.

Continue until the trees run out = game over.

Stop before the trees run out = continue until the trees run out = game over.

The logical conclusion of the compounding growth equation is reached sooner or later.

In Zimbabwe the hyperinflation at the start sucked out most of the savings of gold and silver into circulation by people trying to sustain their existence...the trade deficit then caused all that gold and silver to circulate out and to not come back.

Currently all that is happening in Zimbabwe is the Government is issuing more and more money to pay for all the bonds it's issuing...

Following that path...The gold and silver bugs would begin having to spend their savings trying to survive until they were basically all gone...

Then once all the gold and silver was sucked out of the hands of the renters to the owners...hyperinflation would rocket.

None of you are owners unfortunately...

You mindless morons are so desperate...all it takes is the FED to mention that they are going to buy bonds...and all the inflationists begin to march in lockstep.

But the FED is going to avoid following the Zimbabwe path...Well not at first of course...They have to at least load all the suckers up on troop ships before they send them into the torpedos.

The FED has been threatening to hyperinflate for 7 years now...All the devout followers of the hyperinflationary jackpot religion think they are closer now than ever.

Everyone...The mindless morons...will leverage long...and once all you clowns are in...the top will short you all to oblivion and extract all that the mindless morons put in betting that this time is going to be the hyperinflationary jackpot.

Hyper why did AIG and the banks go bust?

Because they bet that inflation was going to last forever...and lost.

It's why the real estate sector collapsed.

The hyperinflationary jackpot bet was wrong...But the inflationists never seem to want to explain it.


It's just a classic case of the just think positive ignore the negative religion in action...or the just think inflation ignore deflation religion.

They just keep looking at Zimbabwe and dreaming about panning for gold all day to afford to buy a large muffin being marketed as a loaf of bread.

The implosion of the 1944 Bretton Woods global trade system is not a theory...it's a fact playing out...day in and day out...week after week...right in front of everyone's eyes.

And as far as I can tell...The implosion is just at the very start...before we reach bottom all these servers hosting all these sites will shut down.

The fact that you are reading this is proof that we have a long ways to go before we reach the point where all the stuff you all currently can't comprehend begins to unfold.

When the so called US dollar collapses...What are all you gold and silver speculators going to use to buy Gold and silver?

Gold and silver?

No...So get ready to kiss the good old days goodbye.

The USA is dependant upon imports...Gold and silver that does enter circulation will circulate out and not come back.

Unless you idiots can produce something everyone needs or wants or know how to put in an actual honest days work...you are going to be in serious trouble soon.

The days of dreaming you are all awake are coming to an end...At some point you will all be forced to wake up into the nightmare.

Really...You all are going to actually be taught what the word miscalculation means.

Unfortunately since you are mortal...you are going to cease to exist and your descendants will be just as oblivious as you are currently.

Really every one of you is going to drop dead and the rest will just make a slight detour to avoid tripping over your corpse on the glorious march to doom with glee.

All the FED has done is kick the ant hill...

And look at you all go...fools.

You are all under complete control.

For the last 7 years now...Ben farts and says the flowers sure smell nice and you all think you smell roses...It's a comedy watching you all.

The elected officials?

Are not the top or owners...

The top installs the people you think are leaders so that they suffer the consequences.

Governments of the absolute capitalistic hierarchial food powered make work enterprise are administration systems of the enterprise constructed and sustained by the bottom or employees at the demand of the top or owners of the absolute capitalistic hierarchial food powered make work enterprise

US consumers reached their maximum potential to consume real estate in 2006 which was the engine flooding the economy with the money that the Global trade system was depending upon.

In 1944 Bretton Woods made the US Dollar the global trade medium of exchange and by default the US consumer became the demand of the global trade system and everyone else the supply.

And over the past 65 years the rest of the world has grown more and more dependent upon the US consumer to sustain the World.

The money that then bailed out of real estate late 2006 to 2007 jumped into stock and commodities markets...

Then it jumped out of there into the bond markets.

Meanwhile the real estate sector imploded further slowing the amount of new money consumers were requesting the commercial banking system to manufacture...by the most in 65 years...

With Billions of Dollars of new money a day not showing up anymore...Spending had to be cut back and the consumption of imports collapsed.

Basically the massive flood of US consumer debt inflation out into the rest of the global system to keep it inflated...slowed down causing the rest of the global system to begin collapsing.

What just popped was a bubble within the bubble.

The FED did not cause the housing bubble...100's of millions of idiots globally attempting to escape their pathetic existence on Earth by gambling were the cause.

The sub prime collapse is just an effect.

It's the logical conclusion of the compounding interest equation the braindeads worship. Attaching interest or a growth rate to money causes an increase in demand for more that compounds to the point that there is no way for the demand to be supplied.

Eventually it becomes impossible for the economic system to sustain the required amount of inflation greater than previous inflation and inflation greater than previous inflation to maximum potential transforms into inflation less than previous inflation to maximum potential.

Basically the real estate sector in the USA...The Number 1 inflationary engine on Earth reached maximum potential inflation greater than previous inflation and collapsed...(began inflating less than previous inflation) causing the weakest of the sector to implode...the sub primes...but even if they did not exist...the real estate sector in the USA was doomed regardless.

When braindeads wonder what is going on...

The sub prime mortgages which are an effect of the cause of the collapse are marketed or sold by the mass media as the cause of the collapse..and the braindeads bought it.

Don't worry the best case for the worshipers of the hyperinflationary jackpot is...a massive hyperinflationary explosion followed by a hyperdeflationary implosion to oblivion.

The worst case scenario for the worshipers of the hyperinflationary jackpot...a continued slow/controlled crumble to oblivion.

Anyway it's sliced and diced...the logical conclsuion is the transformation of many billions of current assets (You all) into unfundable liabilities that will be liquidated one way or the other.

You all actually think you support yourselves?

You all want incomes...the top created this wonderful system to supply you all with what you want.

One problem...

You all want more and more and more but it's impossible to sustain what you all want forever...

The last 65 years has basically been one huge global hyperinflationary blowoff top.

It's all just been hidden up to this point by accounting tricks to keep wages and general prices from hyperinflating...

The Government creating massive piles of money you say?

There is no evidence at all that the money supply is expanding at a faster rate than it was in 2007.

Real estate in the USA is still the primary engine of inflation of the global economic system...all the other inflationary engines derive their energy from it.

Until the US real estate sector begins to produce sales volumes and prices as it was in 2006...there will be no way to escape the current slow crumble to oblivion.

People can refinance the debt at lower interest rates.

Generally with real estate that is the case...but the asset has to be worth what is owed for that to work.

If you owe $200,000 and the asset backing the debt drops in price to $190,000...you can't refinance.

Just because rates drop does not mean that consumers can request enough new debt.

Consumers that are basically maxed out can not request more...or enough to reflate out of a recession...

Enough consumers in such a position and there is basically no way to reflate out of a recession and the recession collapses into a depression.

Like really you can lower the price of food to zero...once the consumers are full they will stop eating.

How the easing worked in Japan was a trade agreement was made with the USA basically combining Japan and the USA...The bank of Japan bought Japanese bonds to basically drive yield rates to 0.1% and subsidized Japanese export dumping in the USA...

Yen were buying Dollars and Treasuries to keep US rates down but the dollar strong so that Japanese cars and other exports to the USA were affordable.

But rates at 0.1% required massive volume to support.

Lets say you need $100 to run your empire...well then at 10% you need to lend out $1000 to obtain that yield

at 5% you need $2000

2.5% $4000

1.75% $8000

0.88 $16,000

0.44 $32,000

0.22 $64,000

0.11 $128,000 has to be requested by consumers to be created to derive a yield of $100

Now imagine you need a yield of Trillions...and the US consumer after decades maxes out...poof game over...your exports collapse.

Remember they said something awhile back about the Yen carry trade ending...

Because the top knew that once US consumers reached the maximum potential of supporting it...It would be game over.

Like really you can lower the price of food to zero...once the consumers are full they will stop eating.

The USA is not going to turn into Japan...It does not have an export to the rest of the world based economy like Japan had before the Bank of Japan began to engineer rates.

The consumers are maxed out...

It's like a richman riding a horse at full gallop until the horse becomes exhausted...the richman dismounts and begins whipping the horse to get it to move...but it does not and eventually is whipped to death and drops dead.

Stupid lazy horse.

After 65 years of galloping at full speed...The US consumer has basically become exhausted, stopped and is about to be whipped to death.

Supply and demand...

Everyone in the system is in debt...The producers will be forced to flood the markets to obtain what they need to service the debt at some point.

Then there are savings...You all don't have enough savings to survive for long without earning some kind of income...

Stage 3 of a compounding interest system...Is bankruptcy of the banks, collaspe of the economy/division of labor, and the consolidation of power.

Sure the money supply is not going to shrink to zero but it will stop circulating...

You have to do something to obtain a positive income...The money will not circulate until you transform from an unfundable liability into an asset again.

Employees are employed because they give more than they take...as soon an employee begins taking more than they give...

They transform from being an asset into an unfundable liability and need to eventually be liquidated one way or the other.

At some point the pool of unemployed labor will cause wages to drop.

Busts generally last as long as the boom that preceded it.

You know like a wave...Where the inflation greater than previous inflation to maximum potential phase is equal to the inflation less than previous inflation to maximum potential phase.

It took basically 65 years to inflate up to this point it will take basically as long to deflate down.

Most of you will be dead and this board long gone before we reach the bottom.

Unless something is done to accelerate the implosion of the global trade system.

Monday, March 09, 2009

A Blizzard of Lies



The total debt to GDP was 263% in 1929...the Debt to GDP currently is around 360%.

But the roaring 20's post WW1 Looting of Germany carry trade bubble took only 10 years to inflate...This post WW2 Bretton Woods looting of the world carry trade bubble has been growing for 65 years...So the roaring 6 decades.

Only the idiots below the top think there is going to be some sort of return to 2006...

Ultimately since the system is powered by taking more than it gives...or chopping down trees faster than they regrow...the implosion is inevitable...all that has been done for centuries is postponement of the inevitable.

The top/owners/employers or pure absolute capitalists at the pinnacle of power maintain their position at the top of the hierarchy by giving the bottom what the bottom wants.

This take more than you give inevitably doomed to implode system is what the bottom wants...If the top were to attempt to give the bottom what it didn't want the bottom would revolt until the bottom was given what they wanted.

Until of course the system reaches maximum potential inflation greater than previous inflation and the bottom can no longer supply the top with what the top needs to supply the bottom...

When the top is forced to give the bottom what it doesn't want...That's where the parliamentary administration comes in...

"The subjects of every state (Bottom) ought to contribute towards the support of the government (Top), as nearly as possible in proportion to the revenue which they respectively enjoy under the protection of the state."--Adam Smith, Wealth of Nations 1776

Governments of the absolute capitalistic hierarchial food powered make work enterprise are administration systems of the enterprise constructed and sustained by the bottom or employees at the demand of the top or owners of the absolute capitalistic hierarchial food powered make work enterprise

The bottom is hired to construct or deconstruct Governments depending upon what the bottom wants.

Currently the bottom wants a solution...so the top is supplying the bottom with a blizzard of lies...

Because the solution or logical conclusion to the take more than you give or compounding interest equation is...implosion.

It's inevitable.

The top know this...The bottom is not taught about this.

When a student exposes the social engineers to truth behind their lies they inculcate to the indifferent...the social engineers inform the student that their job or function as student is to be engineered by the engineers or they will be escorted out of the social engineering institution...force will be increased in porportion to the resistance until the student performs their job or function as they are supposed to according to the accepted rules of the game of absolute capitalism.

The top don't want it to be worse...the bottom do.

The top just gives the bottom what the bottom wants so the top can maintain their position at the top of the global absolute capitalist hierarchy.

I have always said that hyperinflation is possible...I said that hyperinflation is not on the way.

The whole system is currently contracting just as I basically said it was going to...

The supply of US Dollars has been hyperinflating for decades...The hyperinflation has just been hidden with accounting tricks...like the exportation of the US manufacturing sector beginning in 1979 out to China to eliminate the manufacturing wage inflation that was driving the general price inflation inside the USA in the 1970's.

You are not going to miss any opportunity...You are all going to see the USA and world collapse to oblivion.

Zimbabwe is doing pretty good...there is still the rest of the world to supply them...once the global trade system implodes...That will stop.

Spending a day to pan for enough gold to buy a large muffin marketed as a loaf of bread is good for a sick laugh...They are most likely burning more calories to obtain the Gold than the bread provides...

That in the USA will solve the obesity problem very quick...

The USA along with the rest of the world will implode to pre 1900 levels or worse...half the population of the USA will basically transform into unfundable liabilities and be liquidated one way or the other.

You all are not going to miss this wonderful opportunity.

All that can be done with the current assets is use them as backing for more debt that has to be serviced...and if the new debt can't service the continued existence of the old...it will collapse in value.

Unfortunately you need an economy that can support growth...The global economy unfortunately has reached the point that it can no longer support growth.

It's over...

At this point you have morons praying for hyperinflation...But zero is nothing...so adding more zeros at the ends of numbers is adding nothing...and ultimately a hyperinflation of the credit system is followed by a hyperdeflation of it regardless.

I'm sorry to say...But everything you all think you know about Economics is mostly reasonable assumptions not logical conclusions.

Regardless how the absolute capitalist or take more than you give system is operated...It's impossible to sustain inflation greater than previous inflation forever.

You can only inflate greater than previous inflation to maximum potential...

Your income now is composed mostly of leverage.

A consumer uses their current income which is mostly composed of previously manufactured money or an asset inflated in value by previously manufactured money as collateral backing their request for a commercial bank to manufacture more new money.

Under a strict standard...there would be none of that...

Then factor in that the current system has been in operation for over 600 years.

That the entire inflation of civilization into what it is currently was powered by all this money you all can get your hands on...

In the olden days...You peasants never had enough money to save...

Your incomes right now are leveraged to the hilt.

You are all (You all know who you are) desperate for the hyperinflationary Jackpot.

And it's possible that a hyperinflation can be ignited...But hyperinflationary explosions are always followed by hyperdeflationary implosions.

The top will be positioned for any hyperinflation they ignite.

Layoffs are due to not enough money being spent to pay all the employees...But businesses need enough labor to sustain operations...once the layoffs are done...The pay cuts will follow.

The year over year % gain of wages and salaries is a few months away from going negative for the first time in 51 years.

It also takes more than deciding to hyperinflate to actually start a hyperinflation.


The FEDERAL RESERVE was given the banknote monopoly in 1913.

The commercial banking credit system does not need a central bank to operate.

Where does all the monetary expansion in the system orginate?

Consumers request commercial banks to manufacture more new money.

Without a credit system...The banks would have run out of money to lend centuries ago. It's how the banking system has operated the last 600 years.

Really you all are currently as oblivious as ever as to how the system operates.

You all will just like mindless bacteria demand more and more and more until it becomes impossible then...cry like babies...die off.

Then do it all over again.

From 4000 BC or so to 1865 AD or so...Chattel slavery kept wage inflation low...any of you ever figure that into your equations?

Equations...forget that...you all just pretend that you know what you are talking about.

"The United States Census of 1790 was the first Census conducted in the United States. It was conducted on August 2, 1790. It showed that 3,929,326 people were living in the United States of which 697,681 were slaves"

"The United States Census of 1860 was the eighth Census conducted in the United States. It determined the population of the United States to be 31,443,321 — an increase of 35.4 percent over the 23,191,876 persons enumerated during the 1850 Census. The total population included 3,953,760 slaves."


You all will do as you are instructed to by your masters then whine when you don't think they are listening.

There is not anything in the Constitution about sound money.

A group of 39 men calling themselves "We the People" gave Congress the below power:

Article 1, Section 8. The Congress shall have power to...

"To coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures;"

The US Congress has not done anything counter to the above.

And there is nothing in the Constitution preventing Commercial banks from issuing bills of credit or IOU's.

There was not anything to stop the commercial banking system from functioning as it did and currently does.

One of those 39 men...

"Alexander Hamilton (January 11, 1755 – July 12, 1804) was an American politician, leading statesman, financier, intellectual, military officer, and founder of the Federalist Party. One of America's foremost constitutional lawyers, he was an influential delegate to the U.S. Constitutional Convention in 1787 and was the leading author of the Federalist Papers (1788), which has been the single most important interpretation of the Constitution ever since."

"He was the first and most influential Secretary of the Treasury and had much influence over the rest of the Government and the formation of policy, including foreign policy. With a vision of using federal power to modernize the nation, he convinced Congress to use an elastic interpretation of the Constitution to pass far-reaching laws. They included the creation of a national debt, federal assumption of the state debts, creation of a (Central) national bank, and a system of taxes through a tariff on imports and a tax on whiskey that would pay for it all. In foreign affairs he favored the British; he devised Jay's instructions for the treaty of 1794"

"The Bank bill (First Central bank of the USA...The Federal Reserve is the Third central bank of the USA excluding the Bank of North America during the Revolutionary war) was introduced into Congress on December 13, 1790, passed the Senate on January 20, 1791, the House on February 8, 1791, and therefore was forwarded to President Washington for his signature. It was unclear whether Washington would sign the bill into law. Powerful forces led by James Madison, Thomas Jefferson and the Attorney General, Edmund Randolph, argued to Washington that the Constitution had not granted the government the power to incorporate a Bank and therefore he should not sign the bill."

"The First (Central) Bank of the United States was needed because the government had a debt from the Revolutionary War (A crown operation), and each state had a different form of currency. It was built while Philadelphia was still the nation's capital. Alexander Hamilton conceived of the bank to handle the colossal war debt — and to create a standard form of currency."

"The First Bank's charter was drafted in 1791 by the Congress and signed by George Washington"

"This was a private Bank of which there were 25,000 shares issued of which 18,000 were held by those in England. The Bank loaned the United States money in exchange for Securities of the United States.

"Now the creditors of the United States which included the King wanted paid the Interest on the loans that were given to the United States. So Alexander Hamilton came up with the great idea of taxing alcohol.The people resisted so George Washington sent out the militia to collect the tax which they did. This has become known as the Whiskey rebellion."


Alexander Hamilton's business career began in 1768 when he became a clerk in the counting house of Nicholas Cruger. Cruger took a trip off-island in 1771-1772, leaving young Hamilton (16 years old) in charge of business affairs for six months. He displayed a remarkable flair for business and leadership skills that involved dealing with senior ship captains and businessmen on an equal basis.

In 1773, Hamilton attended a college-preparatory program with Francis Barber in Elizabeth, New Jersey; he was admitted to Princeton in rural New Jersey but instead attended King's College (later renamed Columbia College) in New York City

The institution was established in 1754 as King's College and is one of the oldest institutions of higher education in the United States. During the early years of its history, Alexander Hamilton, John Jay, Gouverneur Morris, and Robert Livingston studied at King's (Columbia.)


"Controversy surrounded the founding of the new college in New York, as it was a thoroughly Anglican institution dominated by the influence of Crown officials, such as the Archbishop of Canterbury and the Crown Secretary for Plantations and Colonies, in its governing body. The fears of an Anglican episcopacy and Crown influence in America through King's College were confirmed by its vast wealth, far surpassing all other colonial colleges of the period."

"After the Revolutionary war, he served as a member of the Congress of the Confederation (from 1782 to 1783), and then retired to open his own law office in New York City. He specialized in defending Tories and British subjects, as in Rutgers v. Waddington, in which he largely defeated a claim for damages done to a brewery by the Englishmen who occupied it during the occupation of New York; pleading that the Mayor's Court should interpret state law to be consistent with the peace treaty (Paris Treaty of 1783 signed after the Revolutionary war).

"In 1784, he founded the Bank of New York, now the oldest ongoing banking organization in the United States, and was also instrumental, along with John Jay, in the revitalization of King's College, which had been severely crippled by the war and discredited for its Tory affiliations"

"On the advice of financier Robert Morris President George Washington appointed Hamilton as the first Secretary of the Treasury. Hamilton served in the Treasury Department from September 11, 1789, until January 31, 1795. It is for his tenure as Treasury secretary, as well as his contributions to the Federalist Papers, that Hamilton is considered one of America's greatest early statesmen. He was in many ways Washington's most trusted advisor, handling critical domestic and foreign policies, and writing drafts of important messages such as Washington's Farewell Address in 1796. In 1794 he designed a "bold initiative", the Jay Treaty that "ushered in a new era of prosperity for Anglo-American trade," and resolved left-over issues from the Revolution. He fought Jefferson and Madison in the matter--they favored France--thus setting up foreign policy as a major dispute between the parties."

"Hamilton's term was marked by innovation, planning and masterful reports. In office for barely a month, he proposed the creation of a seagoing branch of the military to discourage smuggling and enhance tax collections. The following summer, Congress authorized a Revenue Marine force of ten cutters, the precursor to the United States Coast Guard. He also played a crucial role in creating the United States Navy (the Naval Act of 1794). Hamilton's perceptive and creative mind, coupled with a driving ambition to set his ideas in motion, resulted in many proposals to Congress. His proposals included a plan for tariffs and excise taxes (on whiskey especially) for raising revenue, and funding the Revolutionary War debt including debts owed by the states. He developed the plans for the First Bank of the United States and secured its adoption by Congress."

"Robert Morris, Jr. (January 31, 1734 - May 8, 1806) was an American merchant and a signatory to the United States Declaration of Independence, the Articles of Confederation, and the United States Constitution. Morris was known as the Financier of the Revolution, because of his role in securing financial assistance for the American Colonial side in the Revolutionary War."

"At age 16 Morris was already apprenticed to the shipping and banking firm of the wealthy Philadelphia merchant (later mayor) Charles Willing. After Willing's death four years later, the 20-year-old Morris became the partner of Charles's son, Thomas Willing."

"In a unanimous vote, Congress appointed Morris to be Superintendent of Finance of the United States from 1781 to 1784. When Morris began this post the US was in a crisis. The British controlled the coast line from the sea, two major cities, and the western frontier. The treasury was in debt by $2.5 million and public credit had collapsed. Congress resultantly gave Mr. Morris great power and allowed him to continue his profitable private endeavors while serving in a related public office."

"Three days after becoming Superintendent of Finance Morris proposed the establishment of a national bank. This led to the creation of the first financial institution chartered by the United States, the (Central) Bank of North America, in 1782. The bank was funded in part by a significant loan Morris had obtained from France in 1781. The initial role of the bank was to finance the war against Britain."

During his tenure as Superintendent, Morris was assisted by his friend and assistant Gouverneur Morris. He proposed a national economic system in a document called "On Public Credit". This acted as the basis for Hamilton's plan of the same name submitted much later.

On January 15, 1782 Morris drafted a proposal that he later presented to the Continental Congress to recommend the establishment of a national mint and decimal coinage. However, the United States Mint was not established until 1792, after further proposals by Hamilton.

Along with Alexander Hamilton and Albert Gallatin, Morris is considered one of the key founders of the financial system in the United States.

Thomas Willing (December 19, 1731 - January 19, 1821) was an American merchant and financier and a Delegate to the Continental Congress from Pennsylvania.

Born in Philadelphia, Willing completed preparatory studies in Bath, England. He studied law in London at the Inner Temple (The City of London, the Crown, Where the Bank of England is)


City of London The New World Financial system

"The Honourable Society of the Inner Temple is one of the four Inns of Court around the Royal Courts of Justice in London, England, which may call members to the Bar (Rumor that "BAR" is code for British Accredited Registry) and so entitle them to practise as barristers. (The other Inns are Middle Temple, Gray's Inn and Lincoln's Inn.)"

"The Temple was occupied in the twelfth century by the Knights Templar, who gave the area its name, and built the Temple Church which survives as the parish church of the Inner Temple and Middle Temple"

The City of London is now London's main financial district. It is often referred to as just the City or as the Square Mile, as it is approximately one square mile (2.6 square kilometres) in area The City itself has two independent enclaves within it — Inner Temple and Middle Temple. These two areas form part of the City and Ceremonial county, but are not governed by the Corporation of London. The Corporation governs the rest of the City and also owns various open spaces (parks, forests and commons) in and around London.

The City developed its own code of law for the mercantile classes, developing such autonomy that Sir Laurence Gomme regarded the City as a separate Kingdom making its own laws. The Lord Mayor of the City is supreme...

Its Latin motto is "Domine dirige nos" which means "Lord, direct us".

Thomas Willing As a member of the Continental Congress in 1775 and 1776, he voted against the Declaration of Independence.

Later, he became president of the (Central) Bank of North America and then the first president of the (First Central) Bank of the United States 1791 to 1811

"The Bank of North America was chartered in 1781 by the Continental Congress and opened on January 7, 1782, at the prodding of Finance Minister Robert Morris, and was rechartered in 1784. This was thus the first modern (Central) United States bank. It was succeeded by the First Bank of the United States. After Robert Morris became superintendent of finance in May 1781 continental currency had ceased."

Meanwhile, Hamilton made public endorsement of the establishment:

"Congress have wisely appointed a superintendent of their finances,—a man of acknowledged abilities and integrity, as well as of great personal credit and pecuniary influence.

"It was impossible that the business of finance could be ably conducted by a body of men however well composed or well intentioned. Order in the future management of our moneyed concerns, a strict regard to the performance of public engagements, and of course the restoration of public credit may be reasonably and confidently expected from Mr. Morris' administration if he is furnished with materials upon which to operate—that is, if the Federal Government can acquire funds as the basis of his arrangements. He has very judiciously proposed a (Central bank) National Bank, which, by uniting the influence and interest of the moneyed men with the resources of government, can alone give it that durable and extensive credit of which it stands in need. This is the best expedient he could have devised for relieving the public embarrassments, but to give success to the plan it is essential that Congress should have it in their power to support him with unexceptionable funds. Had we begun the practice of funding four years ago, we should have avoided that depreciation of the currency which has been pernicious to the morals and to the credit of the nation, and there is no other method than this to prevent a continuance and multiplication of the evils flowing from that prolific source."

- 'The Continentalist' No. IV, August 30, 1781

Morris deposited large quantities of gold and silver coin and bills of exchange obtained through loans from the Netherlands and France. He then issued new paper currency backed by this supply. He also managed to meet the interest rates on the debt which he estimated to be about thirty million dollars. (Thats about 20 million ouces of silver) First Bank of The United States and The Bank of New York obtained the first shares in the New York Stock Exchange.

The Buttonwood Agreement, which took place on May 17th, 1792, started the New York Stock & Exchange Board (now called the NYSE, which is short for New York Stock Exchange). This agreement was signed by twenty-four stock brokers outside of 68 Wall Street in New York under a buttonwood tree. The organization drafted its constitution on March 8th, 1817, and named itself the "New York Stock & Exchange Board". In 1863, this name was shortened to its modern form, "New York Stock Exchange". Membership on the NYSE has been held as a valuable property since 1868. These days, members must purchase existing seats, which are now limited to a total of 1,366."

"The brokers based the U.S. system upon existing European trading systems"

The twenty-four brokers who signed the Buttonwood Agreement under a buttonwood tree at 68 Wall Street in lower Manhattan, NYC to negotiate the conditions and regulations of the speculative market. were Leonard Bleecker, Hugh Smith, Armstrong & Barnewall, Samuel March, Bernard Hart, Alexander Zuntz, Andrew D. Barclay, Sutton & Hardy, Benjamin Seixas, John Henry, John A. Hardenbrook, Samuel Beebe, Benjamin Winthrop, John Ferrers, Ephraim Hart, Isaac M. Gomez, Gulian McEvers, Augustine H. Lawrence, G. N. Bleecker, John Bush, Peter Anspach, Charles McEvers, Jr., David Reedy, Robinson & Hartshorne.


The Buttonwood agreement is one of the simplest contracts ever...It's two sentences...The agreement stated that they would only trade securities among themselves, that they would adhere to set commissions and that they would not participate in auctions.

The Buttonwood agreement...

"We the subscribers, brokers for the purchase and sale of public stock do hereby solemnly promise and pledge ourselves to each other, that we will not buy or sell from this day on for any persons whatsoever any kind of public stock at a less rate than one-quarter percent commission on the specie value of, and that we will give preference to each other in our negotiations."

What were the first publicly traded securities in the U.S.?

$80 million in U.S. Government bonds that were issued in 1790 to refinance Revolutionary War debt.

What was the first listed company on the New York Stock Exchange?

"On the advice of financier Robert Morris President George Washington appointed Hamilton as the first Secretary of the Treasury. Hamilton served in the Treasury Department from September 11, 1789, until January 31, 1795"

Alexander Hamilton's Bank of New York, which was the first corporate stock traded under the Buttonwood tree in 1792, and the first listed company on the NYSE.







"The Bank of New York was founded on June 9, 1784, making it the oldest bank in the United States. Alexander Hamilton wrote the new bank's constitution, and became the individual most actively involved in the organization of The Bank of New York, guiding it through its early stages. The bank opened for business at the Walton House in Lower Manhattan only a few months after the departure of British troops from American soil. It opened with a capitalization of $500,000."

From the 1792 Coinage Act

"DOLLARS OR UNITS--each to be of the value of a Spanish milled dollar as the same is now current, and to contain three hundred and seventy-one grains and four sixteenth parts of a grain of pure, or four hundred and sixteen grains of standard silver."

371.25 grains X 500,000 = 185,625,000 grains or 480 grains per Troy ounce or 386,718.75 Troy ounces at todays silver of 13.34 Dollars a Troy ounce is $5,158,828.125

Total current assets 237 Billion Dollars...

That's roughly lending out $500,000 and continuously compounding it by 5.809% over an over again for 225 years.

Or 183,304,687,500---183 Billion ounces of silver if the above were converted into 1792 defined Dollars.

"The United States produced 1,200 metric tons of silver in 2007, 35% of the silver it used. The remaining 65% was imported from Mexico, Canada, Peru, and Chile."

1 metric ton = 2,200 Pounds.

1200 Metric tons = 2,640,000 pounds

183 Billion ounces of silver equals around 12,548,571,434 pounds

If the current assets of the bank were converted into 1792 Coinage...it would take 4753 years of US silver production...

That's why Banks issue banknotes, Bills of credit, or IOU's

Money or credit is created when a consumer requests a commercial bank to manufacture it. That's where all the money creation occurs....The commercial banks...

To date...the US money supply is around 52 Trillion Dollars....and because it's credit...The total debt is 52 Trillion Dollars.

The US Government Debt or public debt is around 11 Trillion Dollars....it's the amount of the money supply of the USA the FEDERAL Government has borrowed.

The money supply is 52 Trillion Dollars and the US FEDERAL Government has borrowed 11 Trillion dollars of it.

But the Federal Reserve does not count it twice...the money supply is 52 Trillion dollars but the total debt is the money supply/total debt + the public debt...or 63 Trillion dollars.

All the money in circulation is created by consumers using their income which is mostly previously created money/debt(Credit) or an asset inflated in value by previously created money/debt(Credit) as collateral backing their request for a commercial bank to manufacture new money/debt(Credit)

The compounding interest commercial banking credit system is 600 years old...It financed the industrial revolution up to the current point.

If gold were money what would you use to buy it?

Gold derives most of its value from demand in relation to supply...There is not very much GOLD but there is massive demand for it.

But Hyper why is it not shooting up like a rocket?

Because the top does all the buying and selling...

The top owns the majority of the Gold supply.

All the poor people trying to get rich bid up what the rich own...the rich then extract some profit and let all the desperate fools bid it up again.

When the markets crashed...the top was positioned...the top buys when the bottom is desperate to sell and sells when the bottom is desperate to buy.

The top is rich in money and power boyond your peasant abilities to comprehend...they are in no hurry to escape their plight.

You all at the bottom?

Are crawling all over each other and writhing desperately trying to escape your plight.

The top created and own the markets...wake up please...

The Government?

You see big drug busts in your city?

That's the competition being eliminated.

You are all owned.

Completely totally and utterly.

You are all employed to build everthing you eventually are employed to destroy.

Capitalism.

Is not a game.

Has no rules.

Capitalism did not fail...It never fails.

Everything has worked out perfectly.

The only things that I see failing are all the lies you believe are Truth.

The top or employers of the enterprise you are employees within are going to liquidate billions of you once you transform from assets into unfundable liabilities.

The method?

One way or the other.

The designers of the game you are all playing made it so that they win by default.

Because they are not playing it...You all have been hired to play it...and it's a game that is impossible to win.

You all are oblivious of course...You just popped into existence within it surrounded by liars telling you what truth is.

There of course is a legal way to play the game and an illegal way to play it.

The logical conclusion is the same regardless.

The beauty of the game is that all the players think they are winning until the logical conclusion is reached...the logical conclusion of any game being...game over.

When persuasion (gradual/slow) fails then Force (Violent/fast) has to be employed.

ALWAYS
.

So can this happen fast?

Yes...

It can implode to oblivion in a matter of days...End of global civilization as you currently see it....poof.

Some type of covering event would happen...

Absolute capitalists choose to search for reasons to make mistakes and then choose to search for reasons to limit or attempt escape from the consequences.

A scapegoat will precede any acceleration of the ongoing collapse.

You all blew your future...You are all to blame.

Someone told all you criminals that you were innocent until proven guilty and you all have been playing dumb ever since.

By choice...

Everywhere I look I see you all pointing the finger somewhere else...

You all want more and more and more...In order for the top to maintain their position they have to give the bottom what you want to obtain what the top wants.

The whole system is structured to give you all what you want...more and more and more.

Until it becomes impossible to...

If the top were to say no before that point is reached...You all would revolt until you all were given what you wanted.

More and more and more...You are all spoiled brats...

Once the point is reached the top steps back...And all you mental retards hack yourselves to pieces trying to reacquire what you never had to begin with or obtain what you never will.

When the dust settles the top then hires the survivors to do it all over again.

That's the future...

Because that is what has been going on the past 6000 years and there is zero evidence any of you are going to wake up from the daydream that you are awake.

You all can't seem to help it...You all accepted the programing when you were very young...

I rejected it...

Because you all accepted it...Every decision you make is filtered through the just think positive ignore the negative equation at the core of your drone reasoning algorithm.

You are all trying to forget...Constantly fighting to remain asleep.

After years of study it appears that you are all damaged beyond repair...

It boils down to a question I'm trying to answer...or an equation.

The logical conclusion is that none of you are needed...But the key problem is how to get rid of you all.

That's the only problem currently....I don't know how your masters are going to reduce your numbers.

It's simple economics...I have no Idea how...but It's a certainty...You all are useless...

Personally I don't care...It's not my system...But the method utilized to get rid of all of you could become a threat to my continued existence...So I definitely don't want to be standing too close to unfundable liabilities when they are being liquidated...you know...like Hiroshima...

Period end of story...You all are the ones that whine about the decisions...that's where you fit in the scheme of things.

Instead of thinking, you all due to your programing are incapable of arriving at logical conclusions...only reasonable assumptions.

And don't tell me different...I have to hide from you all because once I begin interacting with you all...I'm eventually forced to do all your thinking...

But I'm not your master...

You will do as they instruct...You are right now.

Monday, February 23, 2009

Time To Downsize


It started out by attaching interest to money...constructed out of silver and gold. The lending spending depositing cycle causes the money supply in relation to the debt to shrink or be fractionally reserved until the reserve shrinks to zero basically.

THEN TO SUSTAIN THE COMPOUND INTEREST GAME...the money supply must be constructed out of less gold and silver or out of more plentiful materials...and finally IOU's issued.

Top sucks from the bottom to the top...the top take money out of circulation and hold it until the bottom needs it...then the top lends it to the bottom. Over the centuries the top eventually acquires the entire money supply and own it and the only way the bottom can get their hands on money is by renting it.

The top did all this centuries ago...

The current banking system was an innovation made 600 years ago to sustain the game you fell in love with and are all currently playing.

The current system combined with the steam engine made the last 300 or so years of history possible.

The industrial revolution was financed by it.

Deflation is loss and is the observation of inflation less than previous inflation. Inflation is gain...But to observe it you need to see inflation greater than previous inflation.

It's a wave.

Stages of a typical compounding interest system.

1. Inflation of debt and the destruction of savings.

2. Deflation of debt and the destruction of equity.

3. bankruptcy of the Banks, collapse of the economy/division of labor, and the consolidation of power.

It's so funny the USA along with the rest of the global trade system is swirling the bowl, caving in and that is called inflation.

It's a comedy...Watching you all deflate...

Because you all certainly are not inflating...

The whole world is caving in but as long as the value of Gold goes up...It's inflation.

A classic example of a dumbed down population.

A bank becomes insolvent the moment it lends out any of its deposits. Every bank on Earth is basically insolvent from the first second of operation...Banks need more input than output...more money coming in than leaving in the depositing lending spending cycle.

Banks need sustained inflation greater than previous inflation of the money supply by the required amount to sustain the illusion of solvency.

The US consumers reached the point where they could no longer support the sustained inflation greater than previous inflation of the money supply by the required amount and the US Banking system and economy began collapsing...Sending a shockwave out into the rest of the world causing the global banking system and economy to begin collapsing...Since the USA has been the primary engine of inflation greater than previous inflation on Earth the past 65 years.

"Size of global banking industry

Worldwide assets of the largest 1,000 banks grew 16.3% in 2006/2007 to reach a record $74.2 trillion. This follows a 5.4% increase in the previous year. EU banks held the largest share, 53%, up from 43% a decade earlier. The growth in Europe’s share was mostly at the expense of Japanese banks whose share more than halved during this period from 21% to 10%. The share of US banks remained relatively stable at around 14%. Most of the remainder was from other Asian and European countries."

"The US had by far the most banks (7,540 at end-2005) and branches (75,000) in the world. The large number of banks in the US is an indicator of its geography and regulatory structure, resulting in a large number of small to medium sized institutions in its banking system. Japan had 129 banks and 12,000 branches. In 2004, Germany, France, and Italy had more than 30,000 branches each—more than double the 15,000 branches in the UK."


The Europeans are the top...Half of all the money in circulation or global debt is owed to the European commercial banking system.

The USA and Japan account for another 24%

The rest of the world is 23%.<---China is in here somewhere...

Remember Gold confiscation? That was just Europe calling in their loans to the rest of the world.

The USA is in the news...All eyes of the world are being focused on the USA...While the owners are in Europe looking innocent and helpless.

China doesn't control crap. Without US and European consumers sending their money to China and inflating it...China goes poof.

China stops buying Treasuries...and the rates will have to rise...meaning US consumers have to further slow down their requests for commercial banks to manufacture more new money to blow into the US economy to consume Chinese imports.

But lets say that US consumers have filled up and are bloated pigs with their buttons popping off their shirts and can't gorge themsleves like fools anymore?

Then China is cooked...poof...game over...

Gold...Don't make me laugh...Without consumers to support its global trade...China is a net importer to sustain its economy...Its Gold would just circulate out buying consumables and not come back.

Same with the USA.

China is going to keep buying treasuries or they better retool and start up their bicycle economy again.

Just look at Chinese cities...They didn't invent any of that...They copied it all.

Communist party officials are running their fractional reserve banking system.

It's more corrupt than in the USA or European banking systems...the inflation stops flowing into their ponzi economy and it's bullet to the back of the head time.

So whatever gold they buy it won't upset the scam.

Until the world can't consume their crap anymore...then poof bye bye China.

Then they will have to hate themselves for being so greedy...

They have to continually buy treasuries to at the very least hold rates steady. Bonds bid up...yields drop...The Chinese have been maintaining a perpetual bid for decades...

And they can try to escape all they like...they won't. They will be forced to devalue to make their exports cheaper at some point.

I'm sorry to say but they trade with the west because their whole system is based on it...they stop...they collapse.

It's that simple...

The top have it all set up so that there is no speculation. No guess work.

As soon as the deal makers came back from China and said it's done...It was checkmate for China.

They are hopelessly entrapped now...They either go down with the Titanic or put a gun to their head and commit suicide to avoid that fate.

Like really are you all going to enjoy the Chinese as the demand of the world?

Well first off the Chinese have to ramp up their spending on the military rapidly and then totally obliterate the City of London's bodyguard...The USA...Then it can become the demand of the world.

Jolly old England was the demand of the world but reached maximum potential and the whole Global trade system collapsed 1929-1933 and was followed by the 1933-1945 Bankruptcy reorganization of the global trade system...and the US became the demand after that.

There is no way they can survive on their own...Well no way to sustain the technologically advanced version of the absolute capitalist hierarchial food powered make work enterprise they have fallen deeply in love with.

They can press the rewind button and go back to a closed system pre 1979...and start over.

Like a year zero event.

Really...they are toast...the world is...

It's all heading for a mind blowing science fiction nightmare anyway you slice it and dice it.

The wage inflation in the US manufacturing sector was the cause of the price inflation during the 1970's...Once it began to be exported out into the SEZ 1979 to now...The wage inflation problem was solved...

"A Special Economic Zone (SEZ) is a geographical region that has economic laws that are more liberal than a country's typical economic laws. The category 'SEZ' covers a broad range of more specific zone types, including Free Trade Zones (FTZ), Export Processing Zones (EPZ), Free Zones (FZ), Industrial Estates (IE), Free Ports, Urban Enterprise Zones and others. Usually the goal of a structure is to increase foreign investment. One of the earliest and the most famous Special Economic Zones were found by the government of the People's Republic of China under Deng Xiaoping in the early 1980s. The most successful Special Economic Zone in China, Shenzhen, has developed from a small village into a city with a population over 10 million within 20 years."

"Shenzhen is a city of sub-provincial administrative status in southern China's Guangdong province, situated immediately north of Hong Kong. Owing to China's economic liberalization under the policies of reformist leader Deng Xiaoping, the area became China's first—and ultimately most successful—Special Economic Zone."

"Shenzhen's novel and modern cityscape is the result of the vibrant economy made possible by rapid foreign investment since the late 1970s, when it was a small fishing village."


The USA exported its wage driven inflation out of the USA into China...and the Chinese have been buying treasuries since then...bidding them up causing yields or interest rates in the USA to drop since then...Japan played a part too...it absorbed massive exports of inflation and then Japan collapsed in the 1990's...their real estate sector collapsed 1991 and never recovered...since then Japan has been on life support...but without massive imports of US consumer debt inflation...their postponed implosion has resumed.

Basically the US money supply has been hyperinflating for 65 years...It's just been hidden with accounting tricks...the above being one of them...the City of London controlled destruction of the USA policy which was implemented in the late 1970's to stop the hyperinflation of the USA.

Interest rates have been collapsing globally for decades now...

Every recession is the beginning of the end...but every time in the past 65 years the population of the USA has powered out of deflation with greater inflation than existed before the recession or deflation...since the only way to fight deflation is with inflation.

This time...I'm sorry to say...The population of the USA is DOA.

It's like this...The top ride the bottom...the bottom being a horse...and the top are trying to get somewhere...as fast as possible...and when the horse slows down...the rider whips it.

Well the point has been reached where the horse is exhausted...and the rider has basically dismounted and is now whipping the horse to death...but it's not moving.

The FED and Government are the whip the top uses on the horse.

The Top or employer owners of the system decide what the bottom or employees of the system use as money.

Honest money?

There is no such thing outside of the imagination.

The Bank of England/Rothchilds backed the McKinley gold republicans to pass the 1900 Gold standard act which destroyed the 1792 Coinage act or definition of the US Dollar.

The Goldbugs destroyed the USA.

It's a fact.

Back in those days the Bank of England controlled the global supply and distribution of Gold.

The London Fix

Once the 1900 Gold standard act was implemented...The Bank of England by default gained complete control of the US monetary system.

Checkmate happened right there.

109 years later and you are still oblivious...I have no idea when if ever any of you are going to wake up and figure this out.

Back almost 40 years ago now...They didn't know that the top would just open up China to absorb the US consumer debt inflation to stop the hyperinflation of the USA after the post WW2 reflation of the world reached maximum potential and caused the 1971 collapse of the London Fix.

The actual scenario for a return to Gold...a complete collapse of the current civilization then the top will again fix the value of Gold by decree (fiat) like in the past.

Bretton Woods made the US dollar the global trade medium of exchange...meaning that to buy anything from the global market you need US Dollars.

The demand for US dollars is quite high...the Number one engine of US dollar creation the past 40 years?

The US real estate sector...Or US consumers...buying real estate...but that machine has reached maximum potential and is now grinding to a stop...cutting the supply of new US dollars flooding into the global market by 50%

It's why Dubai has crashed and 20 million migrant workers in China were laid off.

The Growth rate of the global medium of exchange has slowed down by the greatest amount in 65 years.

Your incomes can't be sustained without a constantly inflating system.

Imagine you want to be rich...but not enough babies to exploit have been born...so there is no workforce for you to hire.

Like really you all are oblivious...You all exist because the top needed employees.

It takes alot of slaves to support one master...

Well ok lets say enough humping has been done...but what if there is not enough money in existence to pay potential employees?

Like not enough to keep 20 Million slaves in China employed?

Game over.

The drop in the growth rate of the money supply does not cause the demand for money to drop.

What would happen if all the mines shut down...Would the demand for Gold stop?

How about if all the crops failed would the demand for food stop?

Hey...we are all out of food...yay!...I was getting oh so sick of eating.

All systems are capitalistic...

The inequality is due to the fact that you are all morons.

Allow me to take more of another's power than I give and I don't care who makes or breaks the rules of the game you are all playing.

Because eventually I will suck all the power from the hands of the many into the hand of the few or one.

Then they who have the power will make and break the rules of the game you are all playing.

Human beings have no power to make or break LAW.

All that Human beings have the power to do is make and break rules and call the rules LAW.

But if a rule attempts to break LAW...LAW will break the rule.

The vast majority of you morons don't even know the difference between a rule and LAW.

The figures now are based on what happened a year ago...All that the authorities have to do to fool you all is make the figure a year from now look better than the current.

It's why there's all this talk of a recovery next year...You can easily market a lower high in a down trend as a recovery.

That appears to be the current plan...engineer everything down as fast and as much as possible so that the bounce can be proclaimed as the sign that it's all working.

Or the plan fails and by this time next year it's fast forward to the beyond current abilities to comprehend mind blowing science fiction scenario.

That's best case and worst case.

They are all like you...oblivious pawns. They spent their whole life believing lies were truth.

And now at the logical conclusion...they see what they didn't imagine taking place.

It's a hierarchy...the only thing that makes the person above you seem smart is your stupidity.

Brzezinski is a moron...They all are...Billions of morons lead by morons.

Conspiracy?

You are living in the New world order right now...It was never constructed to last...It will like all the previous new world orders...reach maximum potential then implode...the survivors will then be hired to construct the next new world order.

All those working towards the goal of a New world order are just brainwashed dupes being kept busy.

All that you have seen are fragments of the material used to brainwash or program them and it's programmed you into believing in the new world order scheme.

This has been going on for 1000's of years now...inflate deflate inflate deflate...it's a wave.

The top are surfers and the bottom including Brzezinski and crew are the surfboard.

You are all employees of a global enterprise...and when the top no longer needs you all...you are all laid off.

You clowns don't give a crap until it's you being laid off...

That's all that is happening now...The global enterprise has reached the maximum potential and it's time to downsize.

You all think you have some kind of rights or something.

A lie you were told when you were a child.

You all have no rights to anything from anyone else.

It's just a mass cherished delusion.

There is no conspiracy...It's all right in front of your eyes and you are all in on it for fun and profit.

You all are wandering around pretending...playing the game with each other.

Interest rates are set in the bond markets...and consumer demand dictates rates. Rates are not being raised or lowered by anyone other than mindless consumers blissfully munching away.

All claims by the officials are lies...They see the data in real time that is reported much later.

The rates begin rising or falling in the bond/debt markets...The FED follows along.

They say...OMG inflation is on the way...we are raising rates...when bonds are sold off or bid lower causing yields to rise and they say...OMG there is risk of deflation...we have to lower rates...when bonds are bought or bid higher causing yields to drop.

That's what the FED has been doing for decades.

As for a return...the system before the credit system was the Treasury system.

The Treasury was the only buyer of gold and or silver...the wholesale value of gold and silver was then fixed lower than the retail or coinage value.

If the value of the content of a coin is higher than the face value...it will not circulate.

Now the money is spent into circulation by the Government and someone can then acquire it and hoard it...until there is a shortage then save the day by lending it to a desperate fool under the condition that they pay more back than they were given.

Eventually over time the entire money supply is transformed into debt owned by the top with the bottom forced to perpetually rent it from the top.

The current credit system...the money is debt at the instant of creation...The current system is an innovation that was the result of the reaching of the maximum potential of the previous system.

When the gold or silver supply was utilized to its maximum potential...there is enough of everything to sustain economic growth...except gold or silver to construct money out of...So then the content of coinage has to be cut...eventually to zero...That's where credit comes in...It's a way of keeping the money renting game going past that point.

The entire industrial revolution up to this point was financed by the credit system...

There is no way to sustain the technologically advanced version of the absolute capitalist hierarchial food powered make work enterprise any other acceptable way...

What that means is...choosing to do this all over again is better than choosing not to.

The plan is to reduce the population to below 1900 levels then reflate back but at a much slower rate.

The deflation will last as long as it takes to reach that goal.

Since the top or employers are the only ones that know how to run this system and any rivals that attempt to prematurely reflate back up will be easy to spot and annihilate.

Seriously...One way or the other Billions of you that are currently assets are going to transform into unfundable liabilities and be liquidated one way or the other.

You all are totally oblivious as to what is going on or how economics actually operates.

Because Truth offends you...

Lies don't...

Like the lie the FED has been telling over an over again saying they are raising or lowering rates.

Consumers dictate where rates are going...The FED just follows along.

Sure you don't think you are to blame...But there are Billions of you that all seem to think the same thing...it's not me...I'm not to blame...it's everyone else.

Truth offends you...

Lies don't...

Like the lie you keep telling yourself over and over again and have fallen in love with.

The delusion you cherish...

You will basically fight to the death protecting that which you cherish...from Truth.

There is never a lasting victory over lies and the war against Truth has no exit strategy and always ends in defeat.

All those I offend keep telling me that if at first you don't succeed defeating Truth...try try again.

You all will basically fight truth attempting to defeat it till the day you die...Like you all have been doing for the past 6000 years of recorded history.

I see no change in the operation.

Fraud is an effect not the cause. The effect is being marketed to the masses as the cause...and they are buying it. It's a lie...the fraud is an effect the cause is taking more than you give.

Once you can no longer sustain taking more than you give...the system being powered by that collapses...All the so called frauds become visible...Since frauds are lies and lies require ever greater amounts of power to sustain their continued existence masquerading as truth.

At the point that a lie requires infinite and indestructible power to sustain the fight against truth...It requires truth...since Truth is the only source of infinite and indestructible power...

When a lie masquerading as Truth requires Truth to sustain its continued existence...that is revelation of the lie.

It then self destructs...Since a lie is finite and fragile.

So all that is becoming visible now are effects of the cause...

Which is taking more than you give.

Attaching interest to money is an example of taking more than you give.

So is chopping down trees faster than they regrow.

Look around...You all are living in one huge monumental fraud...Ultimately you are all frauds defrauding each other day in and day out for fun and profit.

It's the end of civilization as you know it...

There is not going to be online anything.

Complete systemic collapse will be unavoidable soon...


All that's happening now is just a pretext that is leading to that point so that when you are all forced to make the choice of what the future path will be...You all will choose the path based on what the pretext leading up to the point of decision dictated.

You all are going to choose to do it all over again...It's already all over...

It's a done deal now as far as I can tell.

I just don't see how you all are going to choose not to do it all over again...Like you all have been for the past 6000 years.

Emotions are senses...they are a guide...just because something tastes good does not mean it is...

Same with emotions...If your emotions are your master and you are a slave to them...That is a weakness the top can capitalize on.

Ultimately that is the only method the top has to manipulate you outside of physical force.

"In a capitalist society, goods and services are distributed by consensual trade, not by physical coercion. Being a system in which coercive physical force is used only to defend each person’s life, liberty and property, capitalism is the only system compatible with human life."--Ayn Rand

She was careful to avoid mentioning mental force...Since she became rich taking more than she gave producing works of fiction...fiction of course another word for lie.

Basically producing lies for money...Creating lies wholesale...marking them up and selling them retail.

So she promoted the belief that it's ok to seduce someone into agreeing to sign on the dotted line...Until they realize what is going on and then physical force could then be employed to defend the contract of the seducer...

Like writers of books of...lies...

Sorry buddy...you fell for it...there is nothing you can do about it according to the rules of the game you agreed to play with me and just lost because if you try to hurt me in any way...the Government will protect me...lol...sucker.

Ultimately she was an accomplished seductress...She was a man hater that took all the men (You know who you are) for a wonderful ride...

Just gobbled you all for 5 Dollars or more each.

She had Greenspan writing her Golden love notes.

The elimination of physical force has caused generations to become more spoiled, lazy, and weak the further into the future we get.

You are drones that employ the just think positive ignore the negative equation at the core of your reasoning algorithm...

All you see are the positive aspects and ignore the negative aspects...None of you come close to being objective.

There is no need to be coercive...You really are mentally retarded.

It's a fact...

Whether I'm here to point it out or not.

And it doesn't matter whether Ayn was trying to mentally retard you or not...the result is the same regardless.

Because according to her...mentally retarding you all is no problem...only physical force is covered.

By buying her books...You consented to being mentally retarded by her.

The key problem is that you all fell deeply in love with this seductress and you can't handle the revelation.

Ayn Rand is a cherished delusion...You are fighting to the death for a dead liar.

It's a fantasy...That Ayn had complete control over...

It was not an introduction of something new...All it did was validate your choice to be absolute capitalists...or employ absolute self indulgent reason to solve the problem of existence.

To control you all better in the technologically advanced version of the absolute capitalist hierarchial food powered make work enterprise or city state...the top divided and conquered you all into individuals.

The destruction of the family unit as social security...


Ayn Rand was not stupid...Ayn Rand is a wonderful example of an autonomous absolute capitalist drone.

Employing absolute self indulgent reason.

She is just a hypocrite.

The men of the mind do not sustain the men of labor.

The people that do all the work sustain the people that do all the thinking.

The men of the mind that figure out new and wonderful ways of escaping working for a living...Like writing books perpetuating the myth that the top supports the bottom.

The bottom goes on strike and the top dies...The top goes on strike and the load the bottom has to carry becomes easier.

Those that choose to employ absolute self indulgent reason believe the needs of the one or few outweigh the needs of the many.

They believe the needs of the King outweigh the needs of the subjects.

The needs of the rich outweigh the needs of the poor.

Really...Ayn spent her whole life searching for a superior moral justification for selfishness.

Or a lie powerful enough to defeat Truth.

What is the opposite of absolute capitalism?

Responsible capitalism.

Or those who employ responsible altruistic logic.

Unfortunately liars fear truth.

Those that employ absolute self indulgent reason or absolute capitalists have at the core of their reasoning algorithm...the Just think positive ignore the negative equation. With Truth being negative and lies being positive.

It becomes the just accept lies reject truth equation.

Ayn constructed fictions or lies wholesale...marked them up and sold them retail to all those trying to obtain freedom from Truth.

What did Ayn tell you about lies?

Nothing because that's how she became rich...by lying...It's how she obtained your consent.

She capitalized on your ignorance.

Ignorance of Truth is the root of all evil.

The top maintains their position in the hierarchy by giving the bottom what they want.

Of course once you want the Governments to be destroyed...The top will instruct their employees to destroy the Governments...and then when you want the governments again...the top will instruct their employees to build them again.

The top figured out long ago that it is best to just give the bottom what they want...so the system was designed to always give the bottom what they wanted.

It's what the top created the parliamentary administration system to do...take the blame...

The key problem is you all don't have the foggiest idea what is the cause...You all spend your lives whining and crying about the effects or symptoms...

The things you call Government are just effects.

Alter or abolish all you want...It's what the top designed the administration system of the absolute capitalist hierarchial food powered make work enterprise to be.

You all will hack yourselves to pieces trying to reacquire what you never had to begin with or obtain what you never will until you all are exhausted.

The top will supply you all with plenty of what you want...

Mountains of corpses in lakes of blood...you bet.

The world has to come to grips with the fact that the global system has reached the maximum potential of inflation greater than previous inflation.

The world emerged out of the 1933-1945 bankruptcy reorganization of global trade system...reorganized...but still bankrupt.

All the system did basically is provide an ability for Billions of you to exist as you currently do.

The vast majority of the population of the planet has to come to grips with the fact that you all will soon no longer be needed or wanted by the system you all know almost nothing about.

You all will be forced to wake up from the daydream you are currently deeply in Love with into the nightmare.

In the end they will be forced to basically fly over and spray you all like roaches.

You all exist currently and have a general feeling that you have a right to exist because you are assets...But you all will eventually transform into unfundable liabilities and will be liquidated one way or the other.