Showing posts with label Money. Show all posts
Showing posts with label Money. Show all posts

Money Printing For Dummies


The easiest way to get people to appreciate the fundamental fraud of the two forms of bankster currency creation is with an oversimplification. Below are some links to more detailed posts regarding currency creation through history and today.


For Dummies ;)

Central/Reserve bank currency creation (also Quantitative Easing)

By having a private central bank create currency rather than have the state mint it interest-free the state enters into immediate inflation because the private central banks have interest attached for revenue or treasury bondholder profit purposes. The central banks tend to spin what amounts to lack of taxpayer oversight as a good thing and endlessly brag about "independence". The inflation, which is largely due to the money supply being created for the state (for no reason) then becomes the reason itself used to justify its existence, and "price stability" has become the only concern of central banks such as the Federal Reserve Bank in the United States.  Repeat: Inflation due to interest being inherent in debt-based currency as well as interest as well as inflation from expanding the money supply by printing faster than goods and services expand, is something they themselves cause and thereby justify their own existence. The state could simply print its own currency interest-free and devise a means to mitigate deficit spending which should become enforceable by becoming a constitutional matter.

A persuasive case could be made that this would also eliminate wars relating to central bankers and the Petrodollar, which is the vast majority of all wars..

Meme Fuel:  Central Banks sell us money at a very reasonable profit.  I want to know why I can't set up my printer to sell a country its money, I'll beat anyone's price!

Commercial Banks.

Banks don't loan you your mortgage/home loan from a capital account or asset account which would justify the interest in the practices of traditional banking, instead the create new currency on the national balance sheet and for the the privileged position as state counterfeiter then charge us exorbitant interest for money not loaned out in the first place. To add insult to injury, these fake loans are securitised anyway,  protecting the banks. If you repay your 'loan" principal plus interest, the effect of the interest on the currency is inflationary whereas the principal amount is effectively destroyed as new currency in a complex process explained in one of the below links.

The real tragedy comes in when a taxpayer is foreclosed on, losing his house at the massive penalty for the crime of not replacing counterfeited currency with genuine currency repaid from the existing money supply. What this effectively results in the source of the wealth transfer/wealth divide plaguing the neoliberal West today. It is built into the system.

Here is the relationship between money printing and markets, evidencing how the corruption at source by a central command economy regulated by monetary policymakers has effectively replaced free market capitalism and the true market-driven economies which produced the wealth for the populations that the banksters are slowly draining with their sorcery.

Meme Fuel: Commercial Banks launder the counterfeit counter-fiat currency in mortgages and swap them sellable properties that represent land and real value, which is getting scarcer as their currency becomes common.

So now you know, the banksters are systemically responsible for half of societies ills, without committing a single additional sin. Naturally, they will also commit further sins...

Links to follow...

https://dwahts.blogspot.com/2016/09/how-south-african-reserve-bank-steals.html

https://dwahts.blogspot.com/2018/11/empires-only-collapse-for-one-reason.html

https://dwahts.blogspot.com/2016/04/the-sa-reserve-bank-67-tons-of-rands-on.html

https://dwahts.blogspot.com/2018/12/american-people-buy-stuff-they-dont.html

https://dwahts.blogspot.com/2018/02/seeing-bitcoin-as-investment-only-is.html

https://dwahts.blogspot.com/2015/07/the-myth-of-fractional-reserve-banking.html

https://dwahts.blogspot.com/2018/02/facts-how-much-taxpayer-money-has-us.html

https://dwahts.blogspot.com/2018/02/alternatives-modern-monetary-theory-mmt.html

State Capture VS State Capture

The Latest Capture by the Gupta's is a fart in the wind against the banksters

Amid all the talk lately in the SA media about the Gupta's and State Capture (all valid mind you) it's sometimes easy to forget that the Gupta's are rank amateurs in the art, we are already in the midst of a state capture going back more than a century.  A State Capture happened in South Africa, just as it happened in the US and elsewhere, when the nations central banks were made unaccountable to voters.  This meant that no matter which party rules, whoever is elected, the central banks cannot be voted in or out and they will remain in power lending to the nation state at interest for no other reason other than the mandate they have to print the nations money supply.  They will always work with a finance minister who bank-affiliated  and compliant National Treasury. The nation will therefore always remain at fiscal deficits and known bankster agencies such as Moody's will always make lending even more expensive on each downgrade ,earning ever more interest for the banksters printing that same money out of thin air (in the form of Treasury Bonds guaranteed by taxation placing the nations children on the hook as debt surety). They then simply "lend" that currency (not money - this is important) simply and lending to the state. the risk is moot since they create the money from nothing there is essentially no risk to think of.

The commercial banks issue the balance of the nations currency from debt issued to consumers, out of thin air, and charge interest on that too as if it were loaned out from a capital or assets account, which it is not.  Real money is not Fiat currency debt created out of thin air, real money (like gold and silver) is a store of value and can only be loaned out from real reserves, justifying interest for risk.  This could become as much a Banks VS Gupta's issue as with either of them VS the State and the people.

Money VS Currency

http://ewn.co.za/2016/09/09/I-cant-fix-Gupta-problem-with-banks

http://www.financialmail.co.za/opinion/bruceslist/2016/09/02/bruce-s-list-zwane-and-the-zuptas-zoom-in-on-banks

http://dwahts.blogspot.co.za/2016/09/how-south-african-reserve-bank-steals.html

The banksters will always have (de facto) agents just like Pravin Gordhan who own shares in the banks and have a conflict of interest between the banks and the nation, they have since Trevor Manual and before.

http://www.bloomberg.com/news/articles/2014-09-30/manuel-joins-rothschild-after-leaving-politics-in-may

This is for certain no reason to resist the State Capture the Gupta's are engaged in currently, it's simply a call to remember that for every cent the Gupta's steal, the bankers steal a Rand. The Nations national debt payments mostly go to servicing debt,at interest, lending from private bankers that create money from nothing, something the state could just as easily do for itself interest free, this is why we cannot afford movements like #FeesMustFall, something the ANC promised voters more than a decade ago!

http://dwahts.blogspot.co.za/2016/08/precisely-how-do-banksters-financially.html
http://dwahts.blogspot.co.za/2016/05/money-creation-for-dummies.html

So next time we get up in arms about the Gupta's, keep at it, it's great we are finally learning, but ask yourself why you suddenly care?


Watch This!

The above clip from Mike Maloney, episode four in his excellent "Hidden Secrets Money" series (Watch them all!) puts in a better way than I have yet seen it explained, it's essential viewing.



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