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The current crisis is the result of the reaching of maximum potential of inflation greater than previous inflation. No technology will ever exist that will overcome this. It's a wave and there is no way to sustain inflation greater than previous inflation forever.
Once maximum potential is reached...Inflation greater than previous inflation to maximum potential becomes inflation less than previous inflation to maximum potential.
Attachment of interest to the medium of excange is the cause of fractional reserve banking. The Goldsmith receipt fairytale...Was created to escape having to explain the effect of attaching interest to money.
The Secrets of the Federal Reserve and The Creature from Jekyll Island...expose effects of the compounding interest equation...but not the equation itself as the cause.
And the top has caused you all to fall deeply in love with the equation and you all will defend it to the death.
So reguardless of what you all do...If you don't stop taking more than you give...you will not accomplish anything at all...
Millions and ultimately billions of you will destroy each other attempting to reacquire what you never had to begin with or obtain what you never will.
People are free to choose...Tyrants are all trying to save the world. And Interest attached to the medium of exchange is the cause of the current implosion.
In 1944 the US money supply was 355 Billion Dollars...attach interest to that of lets say an average of 8.09% per year for 64 years and the money supply would have to grow to 51.5 Trillion dollars to support the compound interest equation.
Which is what the US money supply is currently.
Attaching interest to the medium of exchange is taking more than you give...which is the same as chopping down trees faster than the regrow.
It keep the smiles on retards faces...until you run out of trees to chop down...then those that think that interest attached to money or taking more than you give or chopping down trees faster that they regrow is not an evil monster...are forced to think differently...
ALLOW ME TO TAKE MORE OF ANOTHERS POWER THAN I GIVE (Eg. Attach interest to money) AND I CARE NOT WHO MAKES OR BREAKS THE RULES OF THE GAME YOU ARE ALL PLAYING.
BECAUSE I WILL EVENTUALLY SUCK ALL THE POWER FROM THE HANDS OF THE MANY INTO THE HANDS OF THE FEW OR ONE.
AND THEN THEY WHO HAVE THE POWER WILL MAKE AND BREAK THE RULES OF THE GAME YOU ARE ALL PLAYING.
The top own all the money in circulation...they have for centuries...they just keep relending in back to the bottom who rents it.
That's why the bottom or drones have been programed to utilize the just think positive ignore the negative equation at the core of their reasoning algorithm...
It's impossible to have a 100% reserve and have lending...the very instant you lend...the reserve drops. I lend out 1000 Dollars for 1 year at 5%...after a year I get back 1050 Dollars. The next year I lend out 1050 dollars at 5%.
All interest is compounding.
The only way to prevent it from compounding is to not lend out the yields derived from the attached interest. So if you did that after 60 years your $1000 would inflate into $4000 if all you did was lend the principal but not the interest every year.
But if you lent out the principal and interest every year for 60 years you would have $18,679
Wow thats some serious monetary inflation...now imagine if millions of people tried to get rich by attaching interest to the medium of exchange...
Lets say 100 million people thought they were clever and tried the above.
Lets say 100,000,000,000 their combined savings amounted to 100,000,000,000 silver 1 Dollar coins...or 1000 silver dollars apiece...
That would work out to 1,867,918,000,000 or 1.8 Trillion silver dollars.
That if all they did was save up 1000 silver dollars and kept lending and relending it out.
Wow that some really serious monetary inflation.
The Government you say? What is the Government going to do...Create a rule making it illegal to attach interest to the medium of exchange?
Nope you all have been trained to think that interest attached to the medium of exchange is what capitalism is all about and you all will fight to the death defending Capitalism...lol
YOU ARE ALL JUST KIDDING YOURSELVES DAY IN AND DAY OUT AND HAVE BEEN FOR YOUR ENTIRE LIVES.
Really...There is no escape or freedom from Truth...Lies and delusions only provide a temporary prosperity.
Attachment of interest to the medium of exchange is the cause of fractional reserve banking and the Federal reserve.
Fractional reserve conpounding interest commercial banking has been in operation for over 600 years...
It financed the entire history of the USA.
Get rid of it and you have to figure out another way to finance the last 600 years of Human history.
Oh but Hyper I read in a book something different and you just have to be wrong...
Yes I read all the same books...and more.
I'm just pointing out some things to others...You are not the only one reading this.
You can choose to accept or reject any and all the information I post...there is no requirement or obligation to choose one over the other.
It's like this...If it were possible to simplify it down...I'm telling you that 1+1=2
While you are trying to tell me that 1+1= Any other number except 2
Reguardless...1+1=2
truth is not decided my majority vote or on a battlefield.
So it doesn't matter...I don't know how to simplify it all down to the point where it would be almost impossible for you to choose to keep rejecting it.
Don't stop paying on your mortage...and you will be fine...stop...and you will lose...
Nothing strange is going to happen...you have bills?...pay them...fail to pay them...suffer the consequences.
I really don't see where all this inflation is going to come from...
So far there is social engineeing out there promoting the belief that interest rates are low enough now that all the refinancings will save the day.
But they worked in 2001 because of cash out refinancings...where people pulled out equity at the same time as refinancing...Alot of equity that was built up from 1991 to 2001.
The "cashout refinance trick" does not work with Real Estate that is under water or worth less than is owed.
This time around there is little to no equity to pull out and unless there is massive sustained volume...the yields will be smaller than current yields which will lead to continued inflation less than previous inflation...as opposed to a return to inflation greater than previous inflation.
Other than a temporary slowing of the implosion to oblivion...I see nothing to stop it at this point other than the reaching of maximum potential which is far lower than we are now.
US consumers request commercial banks to manufacture new money...
It's called credit...
The FED keeps track of it...The total credit market debt...Is of course also the total credit market assets of the USA.
It's the money supply.
Now the total public debt or the debt the US owes is from issuing bonds.
Congress authorizes the US Treasury to issue bonds and those bonds are sold into the market and exchanged for money from the money supply of the USA.
In 1944 the total credit market debt was 355 Billion dollars.
The money supply of the USA was 355 Billion Dollars.
The total public debt was 201 Billion Dollars
Congress had up to that point authorized the Treasury to issue 201 billion dollars of bonds to be sold into the market and exchanged for dollars from the money supply...
So in 1944 the US Government had "borrowed" 56% of the money supply.
But the money supply is now 51 Trillion...well 355 Billion is debt...it's basically money that consumers have requested commercial banks to manufacture with interet attached.
So 355 Billion dollars compounded for 64 years at an average rate of 8.09% per year equals 51.5 Trillion Dollars...
Which is what the current total credit market debt is...now People are not requesting commercial banks to just manufacture more money to pay the interest...but the attachment of interest creates a shortfall that is a contributing factor...I don't know what average interest rates have been the past 64 years...but they are lower than 8.09%...most likely closer to 5% with the other 3% just consumers asking for more than is needed.
Basically if I demand more from one person in a system...It causes an increase in demand that spreads throughout the entire system.
Any ways back to the total public debt...
Since 1944 Congress has authorized the treasury to issue another 10.3 trillion dollars of bonds and has borrowed a total of 10.58 trillion dollars from the money supply of the USA of 51.5 Trillion dollars.
Of course in the same period of time the US consumer has requested the commercial banking system to manufacture another 51.2 Trillion dollars of new money.
Or about 20% of the money supply.
The US Government is in less debt now than it was in 1944.
You know what the FED is talking about doing to prop up the economy?
Well the Japanese have been doing that for close to 15 years...dumping subsidized cars into the USA...
If the Japanese had not continually kept the yen weak the past 15 years...Their exports would have become too expensive and their auto sector along with their export to the USA based economy would have imploded to oblivion...
But the Japanese trick won't work for the USA because the Japanese needed the US consumer to sustain their life support...there is no one to support the USA...
New leader expected at Toyota next year
By Micheline Maynard
Published: December 24, 2008
"DETROIT: Facing its worst year in decades, and with no sign of a global recovery in sight, Toyota Motor is set to make a change in top management next year, people with knowledge of the plans said Tuesday."
"Katsuaki Watanabe, the company's president, is expected to be named chairman next June, clearing the way for new day-to-day leadership at a time when Toyota expects to report its first operating loss in 70 years."
Toyota is going down...they all will...
You may think you are sitting pretty...
It will get worse by the month.
The only thing keeping this mess up now is mass delusion.
THERE IS NO WAY TO SUSTAIN INFLATION GREATER THAN PREVIOUS INFLATION FOREVER.
Once inflation greater than previous inflation to maximum potential is reached...inflation less than previous inflation to maximum potential begins.
I guess because no official or authority figure told you this...You are all oblivious of this fact.
And Honda is just the best...Once the flight to quality runs out of steam...they will follow the rest.
Imagine if everyone was given a new Honda tomorrow...there would be no reason to keep the factories open...they would have to be shut down for years...and what do you do with all those employees?
The first light bulbs Edison made in the lab...still work today...but modern ones don't last long...
Because if they did there would be no way to earn a living...Once the majority had a lightbulb that lasted years or decades...Your company would be unable to sustain growth and rapidly go out of business.
Duh.
It's shocking but I basically see billions of people perplexed as to what is going on...Because they must be brainwashed drones that believe inflation greater than previous inflation lasts forever.
IT DOES NOT, CAN NOT, AND NEVER WILL.
No matter how much positive thinking you all do...no matter how much praying... worshiping... dreaming... wishing... begging... pleading... planning... etc.
Once the maximum potential of inflation greater than previous inflation is reached...Inflation less than previous inflation to maximum potential begins.
Period end of story.
It's a wave.
The entire global economic system was based on inflation greater than previous inflation lasting forever...
It's impossible to sustain inflation greater than previous inflation forever...
After 64 years of the greatest temporary prosperity in human history...the fact that it's impossible has been discovered again.
Well not discovered again...arrived at again...they see the effects but are still totally oblivious of the cause.
The entire Global auto industry is going to implode...
The whole world...Not just the USA...Which will of course take the fall for it all...
Japan screwed you all and on top of it...You are loving it. Cheering the collapse of the domestic auto sector in the country you supposedly live in and care about...
And your elected representatives allowed it.
There you have it folks...Americans spitting in the face of their countrymen while at the same time licking foreigner boots/humping their legs like dogs.
Destroyed from the inside...Just like what was predicted/planned.
And this is just the beginning of the nightmare...