posted on Apr, 3 2020 @ 03:52 AM
originally posted by: Krahzeef_Ukhar
a reply to: tonycodes
It's all monopoly money.
They already won that game.
Every country* has a centralized bank printing currency with no tangible backing, literally conjuring billions of dollars into existence. You, you're
the collateral. The potential tax revenue and production profit of a human being. Your children have been sold into debt slavery and for generations
to come. Your pension? It doesn't exist. It's numbers on a screen not wealth in a vault waiting for you to collect after 55 years
(minimum) of
slavery. It's an unfunded liability.
“If the American people ever allow private banks to control the issuance of their currency, first by inflation and then by deflation,
the banks and corporations that will grow up around them will deprive the people of all their property until their children will wake up homeless on
the continent their fathers conquered.”
– Thomas Jefferson
Every country is in debt to other countries. How many countries are running on a surplus right now? How many countries have more revenue than
debt/unfunded liabilities? They can't pay anything back and yet they borrow more money from countries that have none to lend. Again, you are the
collateral.
“The state is that great fiction by which everyone tries to live at the expense of everyone else.”
― Frederic Bastiat
Fiat currency, meaning 'make it so' or 'force' is backed by... well that's hard for me to explain. The government says it has value and as long as
people have faith in that sentiment then it is true.
“At the end fiat money returns to its inner value—zero.”
– Voltaire
The 2008 "bubble"... It was never dealt with. The fallout was just pushed back to a later date. They administered morphine so you feel better for
awhile... but you still have cancer and the tumors aren't shrinking. Now throw in something like covid-19 and globalization and this whole fragile
economic system starts to collapse globally. Their solution? MORE MORPHINE.
This leads to war. We're going into
another god damned world war because our ancestors were too stupid to cut this cancer out before it took
root. Because their ancestors were too stupid to prevent it from happening in the first place even though they were warned. America got sick during
the Panic of 1907 and died in the Federal Reserve Act of 1913.
“I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our
system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. No longer a government by
free opinion, no longer a government by conviction and vote of majority, but a government by the opinion and duress of a small group of dominant
men.”
– President Woodrow Wilson (regretting signing into law the Federal Reserve Act)
“And I sincerely believe with you, that banking establishments are more dangerous than standing armies; and that the principle of
spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.”
-Thomas Jefferson
“The worst thing that can happen to a good cause is, not to be skillfully attacked, but to be ineptly defended.”
- Frédéric Bastiat
“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would
be a revolution before morning.”
– Henry Ford
*North Korea and Iran excluded. I don't think there's any others left.edit on 3-4-2020 by IredBafi because: 1913... 13...
Families...
edit on 3-4-2020 by IredBafi because: (no reason given)