Money is created through the issuance of debt. When you sign up for a mortgage, a car loan, a credit card purchase, etc... you are literally "creating money." Yes, the Fed can create money as well, but they are the lender (money creator) of last resort. The lenders of first resort are the banks. But we must recall that the mega banks control the Fed, so they act in concert.
Technically, there should be enough money to pay back the debt, the problem is that it isn't evenly distributed. The "money creating" class hoards the money so that everyone else (that's us!) never have enough money to pay back our debts.
Their wealth is our debt. Their bailout is our debt. Bill Gates wealth is other peoples' debt that can never be paid off unless Bill Gates donates his money to pay off the loans that created the money in the first place. The best we can do is play hot potato with the debt... we can never erase it off the books because that requires Bill Gates to use all his money to pay down the debt.
Big Finance Capital (BFC) is bankrupting the Western nations (all of us!) through this fraudulent debt based monetary system. They are sovereign, we are subjugated by this system. Politicians are financed and promoted by BFC, so they won't "spill the beans." The same holds true for the media. Academia is controlled mostly by ignorance of this key point, but there are financial incentives to handle and "rebel rousers."
Spread the word.
There is no way out unless we change the rules of the game and end debt based money. No matter how I slice this problem up, the solution always includes an educated and active populace.
Here are some charts to give the reader some perspective...
http://market-ticker.org/akcs-www?post=207083
The first chart show total credit and monetary aggregates (credit is debt, debt is money) and GDP. Note that monetary/credit aggregates were taken exponential to GDP - the nation's actualized potential increases in production.
Most people think that the Federal Reserve's mandate is to keep prices stable and maintain low unemployment. Guess what? If so, you've never read the Federal Reserve mandate in Section 2A of the Federal Reserve Act. If you have, you will know that the Fed mandate is singular and taking monetary and credit aggregates exponential to the nation's actualized potential to increase production is a criminal act. Search "Federal Reserve Act Section 2A" and read it yourself.
The second chart cuts through all the arm waving and propaganda. One segment is blowing out and one section is doing almost all the contracting. Government debt is blowing out while the finance sector is deleveraging. In plain English, the debts of the finance sector are being transferred to the tax payers... while the profits remain in the private sector - even those profits that depended wholly on tax payer rmoney bailouts.
We are being held up by criminals. Cicero was correct - the Traitor is the plague.
Then again, maybe they aren't traitors after all. The OWNERS of the mega banks are mostly FOREIGN to America, right? The controllers of the Federal Reserve System are, ultimately, the OWNERS of the mega banks... meaning FOREIGNERS are running America's monetary system. Actually, it is a private international banking cartel.
Wow, I love the fact we are talking the real mechanics of our debt based monetary system. This is great - hopefully more people read this to properly understand the system that is bankrupting them.
QE to buy MBSes is a cash gift to the banks as they offload their toxic assets to society. For example, if they have a worthless 2nd loan portfolio, the Fed buys it at 100 cents on the dollar and keeps it stashed on its books. The bank takes the free money and gambles in food stuffs and that gambling increases the price of food. At some point, though, the Fed will acknowledge the losses and bill the tax payers for them. In short, QE is a way to shift the bad debt from the mega banks onto a financial zombie like populace who have no idea what is really going on.
This is nothing new, though. Andrew Jackson fought the international banking cartel of his day and said this...
Gentlemen! I too have been a close observer of the doings of the Bank of the United States. I have had men watching you for a long time, and am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves. I have determined to rout you out, and by the Eternal, (bringing his fist down on the table) I will rout you out!
~From the original minutes of the Philadelphia committee of citizens sent to meet with President Jackson (February 1834), according to Andrew Jackson and the Bank of the United States (1928) by Stan V. Henkels
Except now they offload it onto the tax payer instead of the corporate front bank.
I think the purchase of treasuries was mostly to keep the plates spinning in the air a while longer so more trillions more in looting can be sucked out of the populace.
Again, this chart sums up the monetary con game quite nicely, IMHO
>>Provided bank managers spend their income from interest repayments, you can have a stable economy where everyone can repay their debts as cash flows around.http://www.keepandshare.com/doc/4768883/debtmoneytyranny-6-1-pdf-60k?tr=77
Can a nation be sovereign when they have to go to a private, international banking cartel to define money its money and then create its money through debt issuance?
The obvious answer is... absolutely not. The international banking cartel is sovereign, which is why their corporate fronts are too big to fail and jail.
Nobody in the establishment talks about debt based money and how it systematically conveys the wealth of society, the worker class, to the international bankster fraudulent monetary system engineers.
Debt Money Tyranny money flow shows this process graphically:
http://www.keepandshare.com/doc/4768883/debtmoneytyranny-6-1-pdf-60k?tr=77
That's the flow chart of the biggest con job ever pulled in human history.
That's right, when debt is money, the monetary wealth of the richest people on planet Earth is, by definition, the debt of everyone else. The ONLY way to pay that debt back is if the richest people on Earth gave all their money to pay back our debts. The exact opposite is, in fact, happening. The richest people on the planet are bailing out their front corporations at the expense of society. The net effect of these bailouts is they are bankrupting society even faster!
Anyone not talking about this issue is doing you a disservice.
Our engineered insolvency is has already started the end game and Greece's current stage isn't that far in our future.
Get prepared.
The "red pill" in economics, as it were, is the truth that our monetary system is debt based system. Money isn't printed, it is LENT into existence at INTEREST (except for coinage - but that's ~1% of outstanding, if that).
Now, most people won't get the implications of lending money into existence at interest because they have no debt based money mental framework. The "establishment" doesn't talk about their Trojan Horse of societal looting lest the proletariat really come to understand how they are being bankrupted by design.
Defining money as debt, which the Federal Reserve System did in 1913, means, simply, that our money is debt - no debt, no money. If you pay off the debt, you have no money.
Society literally rents its money supply. From whom, the alert ask? Well, primarily the people who control the corporate fronts that can lend money into existence out of thin air, that's who. Or, at least, that's primarily who gains from this system.
The key here is that society never has enough money to pay back its debts - as evidenced in the following Debt Money Tyranny money flow chart (pdf download):
http://www.keepandshare.com/doc/4768883/debtmoneytyranny-6-1-pdf-60k?tr=77
This isn't theory, conspiracy or otherwise. That chart illustrates the mathematical reality behind debt based money and, those who understand that chart, will properly view it as a battle plan to bankrupt its host nation. Brilliant! That's how well the plan is working, as is the deception to keep the proles in the dark.
To put it in a context most people can identify with:.
The Federal Reserve System is like a government (bipartisan!) enforced privately controlled national credit card with no grace period and no customer benefits. Federal income taxes are essentially the minimum payment on the privately controlled national credit card debt. The only way you can earn money from a job is if someone previously took out a cash advance on the national credit card - or else the money to pay you wouldn't exist.
The only long term winners are the Owners / Controllers of the Federal Reserve System, the mega TBTF&Jail money center banks, the mega corporations that they finance and control and their operatives that they finance and promote using their media control and all that rent they've looted from the people by renting us our money supply for 100 years.
Oh, and it also means America is NOT a sovereign government. The borrower (American government) is servant to the lender (primarily the international banking cartel Owners / Controllers). The hand that giveth (international banking cartel) is greater than the hand that taketh (American government).
No sovereign nation can, by definition, subjugate itself to a private power via the definition and issuance of natioanl currency and credit.
This is not a joke. This is the red pill in economics. It is also the Trojan Horse mechanism by which America is being financially gutted.
Poverty: Debt is not a Choice
https://www.youtube.com/watch?v=juQc0rLdB-E
The Secret of Oz
https://www.youtube.com/watch?v=swkq2E8mswI
Renaissance 2.0
http://www.csper.org/renaissance-20.html
Debunking Money
https://www.youtube.com/watch?v=7_yh4-Zi92Q
Slashdot Mirror
Money is created through the issuance of debt. When you sign up for a mortgage, a car loan, a credit card purchase, etc... you are literally "creating money." Yes, the Fed can create money as well, but they are the lender (money creator) of last resort. The lenders of first resort are the banks. But we must recall that the mega banks control the Fed, so they act in concert.
This chart is the gist of my main message:
http://www.keepandshare.com/doc/4768883/debtmoneytyranny-6-1-pdf-60k?tr=77
Technically, there should be enough money to pay back the debt, the problem is that it isn't evenly distributed. The "money creating" class hoards the money so that everyone else (that's us!) never have enough money to pay back our debts.
Their wealth is our debt. Their bailout is our debt. Bill Gates wealth is other peoples' debt that can never be paid off unless Bill Gates donates his money to pay off the loans that created the money in the first place. The best we can do is play hot potato with the debt... we can never erase it off the books because that requires Bill Gates to use all his money to pay down the debt.
Big Finance Capital (BFC) is bankrupting the Western nations (all of us!) through this fraudulent debt based monetary system. They are sovereign, we are subjugated by this system. Politicians are financed and promoted by BFC, so they won't "spill the beans." The same holds true for the media. Academia is controlled mostly by ignorance of this key point, but there are financial incentives to handle and "rebel rousers."
Spread the word.
There is no way out unless we change the rules of the game and end debt based money. No matter how I slice this problem up, the solution always includes an educated and active populace.
Here are some charts to give the reader some perspective...
http://market-ticker.org/akcs-www?post=207083
The first chart show total credit and monetary aggregates (credit is debt, debt is money) and GDP. Note that monetary/credit aggregates were taken exponential to GDP - the nation's actualized potential increases in production.
Most people think that the Federal Reserve's mandate is to keep prices stable and maintain low unemployment. Guess what? If so, you've never read the Federal Reserve mandate in Section 2A of the Federal Reserve Act. If you have, you will know that the Fed mandate is singular and taking monetary and credit aggregates exponential to the nation's actualized potential to increase production is a criminal act. Search "Federal Reserve Act Section 2A" and read it yourself.
The second chart cuts through all the arm waving and propaganda. One segment is blowing out and one section is doing almost all the contracting. Government debt is blowing out while the finance sector is deleveraging. In plain English, the debts of the finance sector are being transferred to the tax payers... while the profits remain in the private sector - even those profits that depended wholly on tax payer rmoney bailouts.
We are being held up by criminals. Cicero was correct - the Traitor is the plague.
https://www.youtube.com/watch?v=-uSA1o07jx0
Then again, maybe they aren't traitors after all. The OWNERS of the mega banks are mostly FOREIGN to America, right? The controllers of the Federal Reserve System are, ultimately, the OWNERS of the mega banks... meaning FOREIGNERS are running America's monetary system. Actually, it is a private international banking cartel.
Wow, I love the fact we are talking the real mechanics of our debt based monetary system. This is great - hopefully more people read this to properly understand the system that is bankrupting them.
QE to buy MBSes is a cash gift to the banks as they offload their toxic assets to society. For example, if they have a worthless 2nd loan portfolio, the Fed buys it at 100 cents on the dollar and keeps it stashed on its books. The bank takes the free money and gambles in food stuffs and that gambling increases the price of food. At some point, though, the Fed will acknowledge the losses and bill the tax payers for them. In short, QE is a way to shift the bad debt from the mega banks onto a financial zombie like populace who have no idea what is really going on.
This is nothing new, though. Andrew Jackson fought the international banking cartel of his day and said this...
Gentlemen! I too have been a close observer of the doings of the Bank of the United States. I have had men watching you for a long time, and am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves. I have determined to rout you out, and by the Eternal, (bringing his fist down on the table) I will rout you out!
~From the original minutes of the Philadelphia committee of citizens sent to meet with President Jackson (February 1834), according to Andrew Jackson and the Bank of the United States (1928) by Stan V. Henkels
Except now they offload it onto the tax payer instead of the corporate front bank.
I think the purchase of treasuries was mostly to keep the plates spinning in the air a while longer so more trillions more in looting can be sucked out of the populace.
Again, this chart sums up the monetary con game quite nicely, IMHO
http://www.keepandshare.com/doc/4768883/debtmoneytyranny-6-1-pdf-60k?tr=77
>>Provided bank managers spend their income from interest repayments, you can have a stable economy where everyone can repay their debts as cash flows around.http://www.keepandshare.com/doc/4768883/debtmoneytyranny-6-1-pdf-60k?tr=77 Can a nation be sovereign when they have to go to a private, international banking cartel to define money its money and then create its money through debt issuance? The obvious answer is... absolutely not. The international banking cartel is sovereign, which is why their corporate fronts are too big to fail and jail.
Nobody in the establishment talks about debt based money and how it systematically conveys the wealth of society, the worker class, to the international bankster fraudulent monetary system engineers. Debt Money Tyranny money flow shows this process graphically: http://www.keepandshare.com/doc/4768883/debtmoneytyranny-6-1-pdf-60k?tr=77 That's the flow chart of the biggest con job ever pulled in human history. That's right, when debt is money, the monetary wealth of the richest people on planet Earth is, by definition, the debt of everyone else. The ONLY way to pay that debt back is if the richest people on Earth gave all their money to pay back our debts. The exact opposite is, in fact, happening. The richest people on the planet are bailing out their front corporations at the expense of society. The net effect of these bailouts is they are bankrupting society even faster! Anyone not talking about this issue is doing you a disservice. Our engineered insolvency is has already started the end game and Greece's current stage isn't that far in our future. Get prepared.
The "red pill" in economics, as it were, is the truth that our monetary system is debt based system. Money isn't printed, it is LENT into existence at INTEREST (except for coinage - but that's ~1% of outstanding, if that). Now, most people won't get the implications of lending money into existence at interest because they have no debt based money mental framework. The "establishment" doesn't talk about their Trojan Horse of societal looting lest the proletariat really come to understand how they are being bankrupted by design. Defining money as debt, which the Federal Reserve System did in 1913, means, simply, that our money is debt - no debt, no money. If you pay off the debt, you have no money. Society literally rents its money supply. From whom, the alert ask? Well, primarily the people who control the corporate fronts that can lend money into existence out of thin air, that's who. Or, at least, that's primarily who gains from this system. The key here is that society never has enough money to pay back its debts - as evidenced in the following Debt Money Tyranny money flow chart (pdf download): http://www.keepandshare.com/doc/4768883/debtmoneytyranny-6-1-pdf-60k?tr=77 This isn't theory, conspiracy or otherwise. That chart illustrates the mathematical reality behind debt based money and, those who understand that chart, will properly view it as a battle plan to bankrupt its host nation. Brilliant! That's how well the plan is working, as is the deception to keep the proles in the dark. To put it in a context most people can identify with:. The Federal Reserve System is like a government (bipartisan!) enforced privately controlled national credit card with no grace period and no customer benefits. Federal income taxes are essentially the minimum payment on the privately controlled national credit card debt. The only way you can earn money from a job is if someone previously took out a cash advance on the national credit card - or else the money to pay you wouldn't exist. The only long term winners are the Owners / Controllers of the Federal Reserve System, the mega TBTF&Jail money center banks, the mega corporations that they finance and control and their operatives that they finance and promote using their media control and all that rent they've looted from the people by renting us our money supply for 100 years. Oh, and it also means America is NOT a sovereign government. The borrower (American government) is servant to the lender (primarily the international banking cartel Owners / Controllers). The hand that giveth (international banking cartel) is greater than the hand that taketh (American government). No sovereign nation can, by definition, subjugate itself to a private power via the definition and issuance of natioanl currency and credit. This is not a joke. This is the red pill in economics. It is also the Trojan Horse mechanism by which America is being financially gutted. Poverty: Debt is not a Choice https://www.youtube.com/watch?v=juQc0rLdB-E The Secret of Oz https://www.youtube.com/watch?v=swkq2E8mswI Renaissance 2.0 http://www.csper.org/renaissance-20.html Debunking Money https://www.youtube.com/watch?v=7_yh4-Zi92Q