Many say there is a spiritual awakening going on. I won’t say I disagree. I just don’t know. There sure is more knowledge than ever. Also of many spiritual matters. But I’m not sure that this is the same thing. After all, knowledge is a subset of matter and it is our enslavement to matter that is the antithesis to spiritual awareness.
I meet many people these days that call themselves ‘spiritual’. But they seem to suffer from a wide variety of misconceptions. Not only hindering their own awakening, but, even more seriously, making them unwitting accomplices of the forces of evil.
Although I’m not sure we are really in the midst of a spiritual awakening, I am absolutely convinced that it is more necessary than ever. Because these forces of evil, these servants of the dark side, are preparing for a final reckoning. The more illusions we drop before this grand showdown really takes off, the more lives can be saved.
A most fundamental and crucial debate that I have been anticipating for years is now all of the sudden in full swing.
The two main protagonists are the Goldbugs and the Interest Free Money community. The battle was ignited by Gary North who assaulted Ellen Brown, calling her a ‘Greenbacker’ and expecting to have some fun with destroying her. Here’s Ellen Brown’s retort. Here’s a high class framing of the debate by Eric Blair which was widely posted.
The Goldbugs and the Interest Free Money people have been living in peaceful coexistence for many years because of the common enemy: paper based fractional reserve banking. But now that the chances of the FED collapsing are becoming more real the question what to do next becomes acute.
Most people awakening to the Fractional Reserve hoax simply assume that the problem can be solved by Gold based currency. After all: Gold cannot be printed.
But besides the system in use, there is also the question who is in control of it. We cannot solve our current problems without addressing both questions.
Even if your filters do not allow you to accept the ‘International Bankers Rule the World’ narrative, we can see clearly who is really in control from the trillions that Governments worldwide handed over to the Banking Fraternity.
It is clear that nobody else would have been able to coerce so many States to cough up such massive handouts.
We are all whining about the environment, all those poor hungry African people, our crumbling infrastructures and not a dime can be reserved for these causes for lack of cash. Then the bankers start squeeking and all of the sudden a trillion is a mainstream concept.
The Goldbugs say that Government cannot be trusted with the control of the money supply because politicians will always finance their deficits with the printing press. There is much truth in this, but please tell me: what Government has been in control of its own money the last century? In Europe privately owned Central Banks were the norm since the 17th century. Most Central Banks in Europe were nationalized after WWII but nobody in his right mind can say that they have been under Government control since then. Although Central Banks will always print all the money politicians ask for, they do so in the form of interest bearing debts, so it is quite clear who’s boss.
We are facing the advent of World Currency, which, quoting Eric Blair “… is not conspiracy theory mumbo-jumbo anymore, but rather cold hard fact.”
What is at stake here is this: are we going to cheerlead the advent of this World Currency because it is Gold Based and we are fed up with Fractional Reserve banking? And thereby showing ourselves to be the dumb little serfs they assume we are? Or are we going to get to the full picture and get it right this time.
The Problems with Gold
Ignoring the issue of control of the money supply is reckless and irresponsible at best. Because any supply of currency, including Gold, can be used by it’s controllers as a tool for wealth transfers.
The Goldbugs have been very effective in analysing inflation as such a tool for robbing the many. It is therefore very strange that they would not have noticed the many boom-bust (inflation-deflation) cycles of the past. After all: the Gold Standard is the standard of yesterday and a cool headed analysis of history is possible to evaluate the effectiveness of Gold as currency. And it’s lessons are unequivocal: especially Europe has been badly abused in continuous booms and busts.
And not by accident either. American Banker magazines from the end of the 19th century have editorials in them calling for the calling in of loans to deflate the money supply. And a few years later the same editors called for loose money to set up the next cycle. As it has been said: “The American People don’t read”, and although the bankers have become more discrete, anybody with eyes to see must notice not much has changed since we left the Gold Standard.
So both inflation and deflation can easily be produced during a Gold Standard and this means that the Goldbugs can’t even solve their most basic problem with the current system, which is inflation.
An even more important and glaring oversight by the Gold community is interest. It cannot be said they completely ignore it, they have some primitive rationalizations for interest, but they simply miss the excruciating costs of money through interest. Interest is one of the few things that is better understood in Europe than in America, primarily through the brilliant analysts Helmut Creutz and Margrit Kennedy. They managed to quantify the impact of interest. Their most important conclusions were published on this site yesterday.
The most important aspect of interest is that the poor borrow money and so pay interest, while the rich lend out and so receive interest. This results in a wealth transfer amounting to trillions per year worldwide from the poorest 80% to the richest 10%.
Even if you have no debts at all, it transpires you pay 40% of your disposable income because of costs for capital included in prices for daily commodities.
Gold is not a freely traded commodity. The people at www.gata.org have been exposing the Gold market manipulation for years, but the fact of the matter is that insiders have been controlling Gold for much longer than that. Gold has been controlled ever since Central Banks started to make their impact, starting at the Amsterdamsche Wisselbank in the 17th century.
The controllers of Gold will NEVER allow their Gold to be used as currency without interest.
So fine! Let them eat their yellow cake!
Another function of Gold is that of the canary in the coalmine. When paper sinks people notice because Gold rises. But the simple fact is that prices of everything rise when paper is inflated. So even for this we can do without this precious metal.
Gold does, of course, has a use as a store of wealth in times of inflation. But even for this it is superfluous. Silver at this point is a better investment, but why not just hoard a good stash of Scotch and other spirits and cigarettes and other (semi) durable goods? You’ll be fine in the coming periods of scarcity and your wealth intact. Goods such as these are always in demand and easily bartered. They do not loose their value when money does.
It must be admitted, however, that Gold is a good investment. So if you want to enhance your wealth, instead of safeguarding it, Gold is a good bet, although silver, again, is even better. The reason is, that, unlike the case with Scotch, there is no free market price for Gold. In a free market Gold would probably be at 3, 4 or even 5000 dollars. And just like the era of the FED is ending, JP Morgan’s short positions on the Comex seem to be at their end of life too. Therefore another major wealth transfer is in the offing: from those who don’t own gold to those who do.
Keep in mind though the Tao states it is unwise to hoard scarce goods and there is a lot of wisdom in that. We cannot serve two masters and Gold is the archetypal symbol of the Adversary.
The Merits and Problems of Interest Free Paper Money
Of course, paper money is now a metaphor for electronic money. We still have paper cash, but the printing press of today is a computer program. This is wonderful, because it is now even cheaper to create money than ‘slapping ink on a perfectly useful commodity like paper’.
If there is one thing the Banking Boys have shown us, it is that we can produce all the money we will ever need at virtually no cost at all. Let this lesson not be wasted!
If there is one comforting thought after all the untold trillions that we have payed for our money system in interest and bailouts in the last few centuries, it is this.
No doubt, such a powerful producer of money is easily abused to flood the community with excess cash resulting in rising prices. We don’t what that. The reason it happens all the time is because we have sociopaths controlling the computers and the many don’t understand what is happening, so they let it continue.
To say then that we need something intrinsically scarce like Gold is a no go because of the arguments above. What we need to do is grow up. To stop hiding behind ‘experts’, ‘economists’, ‘Governments’ and what have you but start thinking for ourselves.
A growing number of people are saying that this is exactly what this age we live in is all about. That for the first time independent thought by the individual will become the norm.
Apocalypse means Revelation and it has been promised that ‘what has been hidden shall be revealed’. The nature of money is one of these things.
We need to decently organize the production of the means of exchange. We need printing presses printing ENOUGH (in stead of too much) money. And since this production can be done at virtually no cost, it stands to reason that it’s supply must be not only stable, but also dirt cheap.
We need to fire, defame and prosecute those who abuse the powers invested in them when we allow them to run the system.
Government vs. Private Money
However, I do believe that the Goldbugs have a point with their distrust of Government. It is unfortunately the case that sociopaths gravitate to power centers and concentrating too much power in the hands of Government is a recipe for disaster.
Since currency is just a commodity like all others, there is no reason why its production cannot be run by private, free market institutions.
The Goldbugs unfortunately fall for the foolish idea that banking is a free market. It is not, of course. There is instead a Banking Cartel controlling all the production of money.
In a truly free market for money you would have many different currencies competing with each other. On a regional, national or sectoral level.
Already available are electronic, hand held devices which are basically purses containing credits in several units. The future is, that you will have income in several units. Some regional, some national, some international, some sectoral.
The unit with which you pay with will depend on the context of your transaction. Where you are, who you are dealing with, which currency you have a lot of, etc.
In such a free market for currency interest bearing units will not have a place, simply because they are outrageously expensive.
Gary North on Rockwell’s site comes with a fairly vicious attack on Ellen Brown. He calls her a ‘Greenbacker’ as if that is something distasteful.
What it is all about is the Goldbug people versus the Interest Free Money crowd. It is one of the most crucial debates around. As I have mentioned before both on this site and elsewhere, Gold is the preferred currency of the Banking Fraternity and they plan to reinstate it in their world currency, which is coming closer every day.
North has compiled an enormously lengthy article with no less than 50 links to individual, detailed critiques to some of the statements in Ellen Brown’s Web of Debt.
Some of them are fair, others are outrageous. Such as his defense of deflation. Not seeming to realize that Europe suffered protracted (semi) depressions for long periods of time right up to the Great Depression. While on the Gold Standard. All these were caused by structurally scarce gold.
The simpleminded defense of deflation as ‘natural’ without reviewing the very negative implications of deflation for the broader social and economic fabric is difficult to swallow. It is not that we cannot see the effects of deflation today.
North apparently does not realize that the Bankers always favor deflation. Because deflation makes their outstanding debts more valuable.
He also thinks it is cosmopolitan and streetwise to attack Brown for her nuanced approach to Hitler.
It is not. Although many people would sympathize with North (which he obviously expects and hopes to use to destroy Brown’s credibility), it is simply politically correct and immature to do so. To understand Hitler, so we can learn to avoid people like him, we must understand what attracted others to him. Anybody with even marginally developed skills for independent thought can see that the treatment of Hitler in the post war era is a classic case of ‘Sieger Justiz’ and his current image has nothing to do with reality.
However, these are just minor points. Because North has managed to do something profoundly dishonest and unwise. In this enormous article of his he actually does not mention the problem of interest at all.
This is so totally unfair to Brown’s work, because this is surely one of the most important aspects of her narrative.
North only mentions Brown wants to print fiat money. But not the kind we have today. She wants to print debt free and interest free money.
If ever I saw an elephant in the room being ignored it is this case by North.
A more detailed expose on interest is here, for here and now just a few reminders of what again this interest problem is:
The US Government at this point pays between 400 and 500 billion dollars in interest per year on the ‘National Debt’. The trillions that the FED have created and will create to buy up Treasuries are interest bearing.
If you buy a house you pay hundreds of thousands of dollars in interest for your mortgage. For money that was created by pushing a few buttons.
Forty percent of prices you pay are costs for capital. So just through prices for normal commodities you pay 40 % of your disposable income to banks and other financiers.
Who pays for all this? The 80% poorest of the population. The have nots pay interest, the haves receive it. We are talking a worldwide, yearly multi trillion wealth transfer from poor to rich through usury.
Gold is also interest bearing and that is only one reason why it is totally unacceptable as currency.
And most important: there is no reason at all, no necessity, no economic law of any kind that makes this necessary. It is only the power of the few and the lack of knowledge of the many that allow this to continue.
Yes, there are many rationalizations for interest. And I’ll debunk them patiently time and again, because it is so necessary. But keeping the above in mind everybody can understand that what we have here is a simple, large scale fleecing of the multitude.
Anybody can see that if money is so ridiculously cheap to produce, it is simply outrageous that society needs to pay such mind boggling costs for it.
Interest free money, either printed debt free by the Government or through interest free credit either by private organizations or again by the State, is simple, proven technology and centuries old.
Yes, many systems have been abused resulting in inflation.
No, interest bearing Gold is definitely not an acceptable solution.
The solution is to fire and prosecute all those who mess up our money. The solution is to have a populace of which at least a few percent have a decent grasp of the money basics, which can be taught to all normally gifted people. The solution is to see the Bankers and their advocates for what and who they are.
To see that interest bearing Gold and interest bearing paper debts are just two sides of the same Central Banking hoax.
North expects to have fun with destroying Brown. To me it is simply annoying to have to point out simple facts like the above to people who can make such noise about their own monetary expertise.
Of course, it is always pleasant to hear a prominent politician speak some truth about 9/11 and even more so when these words are spoken not far from the crime scene. It provides at least a little justice to the 3000 victims of the Mossad/CIA/Globalist mass murder. At least someone seems to speak for them.
It is also fitting that Ahmadinejad would mention the fact that these 3000 dead have been used as an excuse to murder hundreds of thousands, and probably millions more. That it is ridiculous to keep wailing about a few thousand Americans, when they kill a few hundred times more Arabs and other Muslims as revenge.
The dead are not to blame. It is their legacy that is besmirched by ‘Enduring Freedom’, ‘Shock and Awe’ and all the other wonderful word constructs devised for wholesale slaughter.
However, the real story about the Ahmadinejad speech is the fact that it is a textbook example of the Hegelian Dialectic. That he shows himself a cynical whore on equal footing with his supposed Zionist adversaries.
The last few weeks worries about an impending assault on Iran have been mounting. Webster Tarpley, Fidel Castro and an obscure but influential group of ‘intelligence’ people come to mind.
Attacking Iran, like the wars on Iraq and Afghanistan would be an atrocious crime against humanity. Naked aggression of the worst kind that should get all the ones responsible to the gallows. This is not going to happen, of course, the killers in Tel Aviv, Washington and London get away with this kind of thing.
But a war on Iran is likely to be far more catastrophic than those two conflicts in the neighboring states. The complacency of most in the face of crimes, or intended crimes like these makes me sick. I don’t think it will change much, but I will just recapitulate the most obvious reasons for resisting any armed action against Iran.
Read more…
So now top Germans are suggesting Greece should leave the Euro. In itself this is not a bad idea, in the sense that Euroland has a major crisis on its hands and a chain is as strong as its weakest link. Getting rid of it should, normally speaking, enhance the strength of the rest.
But it spells disaster for the Eurocrats. The most fundamental reason is that it destroys their strategy of the ‘fait accompli’. It is no mystery why the Euro preceded a political union: at the time mainstream analysts had it that a common currency would have a uniting effect on the peoples of Europe.
But the large scale, long term planners that rule not only Europe had at least one other idea in mind: they knew a crisis of some sorts was inevitable. Financial crises happen all the time, after all. We have been bailing out banks for the better part of the 20th century. There are good reasons to assume that the current Great Depression 2.0 was already in the cards when EMU was created in the nineties. That’s how they work.
Our masters gambled that such a crisis would be a sufficiently good excuse to force fiscal and financial union on an unwilling, but lethargic public.
It is transpiring, that they might have guessed wrong.
Of course, civilization is a really strange word for the construct we live in. One of the men in the know, being asked what he thought of Western Civilization, once famously answered it sounds like a good idea.
And one of his compatriots added: “It’s no measure of health to be well adjusted to a profoundly sick society”
Today I came across another quote, just after reading about a story on Argusoog about janitors of apartment buildings now being trained in the Netherlands to spot domestic violence. This story, showing once more how far the invasion by Big Brother of our private domain has already come, is aggravated by personal experience: only a few weeks ago I got implicitly threatened by a doctor to report me to the Dutch ‘Child Protection’ Agency, after not allowing my one year old son to be inoculated with Prednison.
Alex Jones has been hit lately by a number of very critical reviews. Jeff Rense is the most authoritative figure disconnecting from him.
Jones has a great audience, for sure, and he has helped many people snap out of the MSM brainwashing. But there are simply too many things that don’t add up……….
It transpires, that the story of Gold Backed EMF Certificates never existed. It is even better: the EMF (European Monetary Fund) has been shelved.
The original idea was not to create Gold Backed Certificates, but to use the Gold Reserves to help the Greeks. The latter would have been even more stupid than the former dangerous. The Bundesbank immediately said they would resist the move.
We have had plenty of time and pleasure exposing the Illuminati/Banker/B’nai B’rith/Freemason conspiracy. But wallowing in spooky stories of MKUltra, Fractional Reserve Banking, Satanism and what have you does indeed invite depression. Ed Griffin rightly said something to the effect of ‘scaring people to death with all these stories creates apathy, talking solutions creates action’.