ThePythonicCow
30th October 2021, 21:39
.
There has been a stunning rush of technology over the last century or so, completely overhauling many aspects of how we live our day to day lives, all the way up to how our civilization operates.
That rise in technology has been accompanied by a massive change in how "we" manage our money or perhaps should I say, in how the Deep State Evil Elite Bastards use money to mange us.
I chose "ten thousand dollars" for my starting point, in this thread's title, because I'm confident that a few decades ago, one could have built a one story home, with three bedrooms and two bathrooms, for that kind of money. Heck, back in the 1940's, a year or two before I was born, my father bought an entire eighty acre farm, with three barns and an eleven room farm house, for ten thousand dollars.
Nowadays, I'm guessing it would take perhaps fifty thousand dollars to build a mobile home, in a factory optimized for low cost efficiencies, with three bedrooms and two bathrooms (such as I live in), or perhaps a hundred thousand dollars to build such a home on a fixed foundation, on a small lot.
If you are fussy as to where that lot is, it could cost you a million dollars. That's ten times as much.
But: that increase, from the 1940's to now, is just the first step in turning thousands into billions, and even the basic mechanism behind this first step is obscured to most people.
Those who have been paying a little bit of attention will say that the cause of the above rise in home prices is due to inflation. The Federal Reserve is "printing" too much money.
But that's not how money is "made" these days. Money is lent into existence, not printed. Each such loan has two legally binding documents: (1) a payment to the borrower of the amount borrowed, and (2) some form of an "I.O.U." by which the borrrower promises to repay that loan, usually with interest.
That's a critical distinction, That "I.O.U" becomes a second major source of funding, that can be leveraged up many times over, to turn small money into big money.
That "I.O.U." is heavily enforced, in multiple ways. As the husband of a wife who was raising a child in the home I obtained, using such a loan, two or three decades ago, my wife certainly enforced that loan repayment on me. There would have been hell to pay if we had gotten kicked out of our home, foreclosed because I hadn't earned the necessary income and paid the necessary mortgage (and related insurance, taxes, feeds, utilities and such). The local sheriff, judges, courts, and councils, as well as various state and national banks, courts, and legislatures, all did their part to enact and enforce the repayment of such home mortgages. I personally took considerable pride in driving up my social credit rating score to high levels, by skillfully managing my income, credit, cash and savings flows and reserves.
Instruments of Mass Monetary Destruction:
monetize debt
My car, home, school, medical or credit card debt becomes a guaranteed income stream that the lender can and does normally sell on an open market. This is the same for corporate and government debt. This works, on the large scale, until some Central Bank decides to turn down the lending, then it "blows up, real good."
leverage
Traders on all the major markets routinely borrow money in order to amplify their gains on profitable trades (and to bankrupt faster when the market turns against them :bigsmile:).
rehypothecate
As we saw with the "mortgage crisis of 2008", the repayments on one single home mortgage are often promised to multiple financial institutes or securities, in buckets of such loans, that will still pay out so long as most of the loans in the buckets remain solvent. This works until too many mortgages go bad all at once.
equity
By playing shell games with a couple of corporations, one can have one corporation borrow money that it uses to spruce up the books of the other corporation, which can then raise more money in the stock market, based on its apparent good prospects.
securitize
Selling debt paper for money. This happens all the time, often in public view, for massive amounts of money. Promises to pay from all manner of individuals, corporations and governments are sold for money.
fractional reserves
This classic bug-a-boo with our banking system, in which a given bank can issue say ten dollars of paper money for each one dollar of gold, customer deposit, or other such quality asset that it holds, is a minor player in this game - a limited hangout in my opinion.
monopolize fraud
Fraud pays, and if you can control all aspects of some fraud, including the legal, propaganda, political and financial funding of some sort of fraud, it can pay big. But it takes money to make money in this game, as with most of the games on this list. The deep state manages such near monopolies as drugs (legal and otherwise) and trafficking in humans for various evil purposes.
fraudulent reports and news
If we, the people, really knew what the elite bastards were up to, they'd be hanging from lamp posts by sunrise. Big crime requires big lies and big coverups. This requires control of the major news and social media.
mark to market pricing
If the price of a single share of Tesla stock ($TSLA) is sold for $1 USD above the previous sale, from say $1100 to $1101, then the total market capitalization of Tesla goes up almost $900 million dollars, as if all (nearly 900) outstanding $TSLA shares went up that $1 USD.
money laundering
Money's apparently collected and spent for one purpose, such as "golden" toilet seats for the military, or "carbon credits" collected by the Global Warming Climate Change alarmists, likely ends up lining the pockets of some of the Globalist Elite Evil Bastards somehow.
non profit foundations
These are a great way to "manage" billions of dollars of funding, insulating the (nefarious) sources from the (nefarious) destinations by the cover of "global do-gooderism" propaganda and tax sheltered, unaudited, accounting books, under the control of a few (nefarius) elite bastards (and witches - far be it from me to be sexist).
non government organizations
These are perhaps variations on non profit organizations (see which above), in the case that the primary apparent source of funding is not some obvious uber wealthy magnate, "choosing" to "do good" in his elder years.
privatize and compartmentalize
It is easy and routine for properly trained lawyers to slice and dice institutions, whether government, corporate, military, religious, or intelligence, so that each particular institution seems to be on a worthwhile mission to most of those working with it or inside it, but so that the overall effect is quite nefarious. The blatantly evil tasks can be isolated to the dark corners, staffed by blatantly evil people.
derivatives
Derivatives are bets on other financial assets. They are a form of insurance. Say for example, your current portfolio would take a big hit if the interest rate on the US Ten Year Treasury (now at 1.55% as I write this) goes above 1.9% before the end of December 2021. Then you can place a side bet that it will do just that. There are plenty of big money investors out there who doubt that will happen and who will give you good odds on that bet. So if it does indeed do that, your "insurance" pays out, cushioning your losses elsewhere in your portfolio.
futures, options
Futures and options markets are a classic tool for "rigging" the markets - controlling the overall price action on the underlying asset (stocks, bonds, commodities, gold and silver, and as of last week, bitcoins), with a high degree of leverage. A little money properly applied can have a big effect on the price of the underlying asset, as counter parties have to adjust their leveraged and optioned portfolios in order to remain in compliance with their mandates.
propagandize, and indoctrinate
This sh*t couldn't go down, in such a global, invasive, long standing manner, if most people saw it for what it was. So we're taught and mind controlled from childhood to adapt a more benign view of all this.
patents and copyrights
These are some of the favorite tools for obtaining monopoly control over various publicly visible techniques and tools. They are yet one more example of using the legislative, legal and judicial system to support their power, not to respect our rights. As John D Rockefeller once noted, "Competition is a sin."
election fraud
If you want laws to be passed to advance your interests, it helps to "own" the legislators who will be voting on those laws. If those legislators rather obviously do not respect the freedom and well being of most of those who ostensibly would be voting them into office, then it helps to be able to steal elections to get in the chosen candidate.
blackmail, bribes, and intelligence
These are useful tools for figuring out what your enemy, or your victim or patsy, is doing, and for forcing them to do what you want.
covert weapons: bio, chem, digital and energy
It always helps to have some aces up one's sleeve, with which to massively demoralize, maim or murder your oppositions, patsies or victims.
raising, identifying and promoting psychopaths
Once a family or community or culture has been sufficiently corrupted, it can be counted on to raise a higher proportion of its children to be damaged psychologically, mentally and spiritually. Then when they become adults, they can be "tested" for their willingness to participate in evil, and promoted into positions of higher power if they pass the "test" (which test also provides blackmail leverage against them.)
Back to the example of the mortgage I held on a (quite) modest California McMansion, back in the 1990's and early 2000's: that mortgage, which was already expanded ten fold by a long rise in "real estate prices" (thanks to a long decline in US Treasury debt interest rates), was no doubt securitized, probably rehypothecated into multiple such securities, which could have been used as collateral for various futures options supporting further financial instruments wagering on (derivatives leveraged on changes in) other (also deeply manipulated) markets.
Thus what, in my father's time, would have been one or two tens of thousands of dollars became my mortgage of a couple hundreds of thousands of dollars, which after further securitization, rehypothecation, leverage, options, and derivation, might have stood beneath a few tens of billions of dollars of "monetary assets."
I doubt many readers will get this far. It has too many financial buzzwords, which will be not worth seriously thinking about for many, and mundanely obvious for others. I doubt however that anyone will seriously disagree with the main thrust of the above ... fire away if I'm wrong about that.
I write the above as background for a cryptocurrency post that I will try to get to next. If I succeed at that "crypto" post, I'll come back here and edit this post to link to that one.
=== ===
P.S. -- Here is the above promised cryptocurrency thread: Will the Banksters Embrace, Extend, and Extinguish Cryptocurrencies? (https://projectavalon.net/forum4/showthread.php?116682-Will-the-Banksters-Embrace-Extend-and-Extinguish-Cryptocurrencies)
There has been a stunning rush of technology over the last century or so, completely overhauling many aspects of how we live our day to day lives, all the way up to how our civilization operates.
That rise in technology has been accompanied by a massive change in how "we" manage our money or perhaps should I say, in how the Deep State Evil Elite Bastards use money to mange us.
I chose "ten thousand dollars" for my starting point, in this thread's title, because I'm confident that a few decades ago, one could have built a one story home, with three bedrooms and two bathrooms, for that kind of money. Heck, back in the 1940's, a year or two before I was born, my father bought an entire eighty acre farm, with three barns and an eleven room farm house, for ten thousand dollars.
Nowadays, I'm guessing it would take perhaps fifty thousand dollars to build a mobile home, in a factory optimized for low cost efficiencies, with three bedrooms and two bathrooms (such as I live in), or perhaps a hundred thousand dollars to build such a home on a fixed foundation, on a small lot.
If you are fussy as to where that lot is, it could cost you a million dollars. That's ten times as much.
But: that increase, from the 1940's to now, is just the first step in turning thousands into billions, and even the basic mechanism behind this first step is obscured to most people.
Those who have been paying a little bit of attention will say that the cause of the above rise in home prices is due to inflation. The Federal Reserve is "printing" too much money.
But that's not how money is "made" these days. Money is lent into existence, not printed. Each such loan has two legally binding documents: (1) a payment to the borrower of the amount borrowed, and (2) some form of an "I.O.U." by which the borrrower promises to repay that loan, usually with interest.
That's a critical distinction, That "I.O.U" becomes a second major source of funding, that can be leveraged up many times over, to turn small money into big money.
That "I.O.U." is heavily enforced, in multiple ways. As the husband of a wife who was raising a child in the home I obtained, using such a loan, two or three decades ago, my wife certainly enforced that loan repayment on me. There would have been hell to pay if we had gotten kicked out of our home, foreclosed because I hadn't earned the necessary income and paid the necessary mortgage (and related insurance, taxes, feeds, utilities and such). The local sheriff, judges, courts, and councils, as well as various state and national banks, courts, and legislatures, all did their part to enact and enforce the repayment of such home mortgages. I personally took considerable pride in driving up my social credit rating score to high levels, by skillfully managing my income, credit, cash and savings flows and reserves.
Instruments of Mass Monetary Destruction:
monetize debt
My car, home, school, medical or credit card debt becomes a guaranteed income stream that the lender can and does normally sell on an open market. This is the same for corporate and government debt. This works, on the large scale, until some Central Bank decides to turn down the lending, then it "blows up, real good."
leverage
Traders on all the major markets routinely borrow money in order to amplify their gains on profitable trades (and to bankrupt faster when the market turns against them :bigsmile:).
rehypothecate
As we saw with the "mortgage crisis of 2008", the repayments on one single home mortgage are often promised to multiple financial institutes or securities, in buckets of such loans, that will still pay out so long as most of the loans in the buckets remain solvent. This works until too many mortgages go bad all at once.
equity
By playing shell games with a couple of corporations, one can have one corporation borrow money that it uses to spruce up the books of the other corporation, which can then raise more money in the stock market, based on its apparent good prospects.
securitize
Selling debt paper for money. This happens all the time, often in public view, for massive amounts of money. Promises to pay from all manner of individuals, corporations and governments are sold for money.
fractional reserves
This classic bug-a-boo with our banking system, in which a given bank can issue say ten dollars of paper money for each one dollar of gold, customer deposit, or other such quality asset that it holds, is a minor player in this game - a limited hangout in my opinion.
monopolize fraud
Fraud pays, and if you can control all aspects of some fraud, including the legal, propaganda, political and financial funding of some sort of fraud, it can pay big. But it takes money to make money in this game, as with most of the games on this list. The deep state manages such near monopolies as drugs (legal and otherwise) and trafficking in humans for various evil purposes.
fraudulent reports and news
If we, the people, really knew what the elite bastards were up to, they'd be hanging from lamp posts by sunrise. Big crime requires big lies and big coverups. This requires control of the major news and social media.
mark to market pricing
If the price of a single share of Tesla stock ($TSLA) is sold for $1 USD above the previous sale, from say $1100 to $1101, then the total market capitalization of Tesla goes up almost $900 million dollars, as if all (nearly 900) outstanding $TSLA shares went up that $1 USD.
money laundering
Money's apparently collected and spent for one purpose, such as "golden" toilet seats for the military, or "carbon credits" collected by the Global Warming Climate Change alarmists, likely ends up lining the pockets of some of the Globalist Elite Evil Bastards somehow.
non profit foundations
These are a great way to "manage" billions of dollars of funding, insulating the (nefarious) sources from the (nefarious) destinations by the cover of "global do-gooderism" propaganda and tax sheltered, unaudited, accounting books, under the control of a few (nefarius) elite bastards (and witches - far be it from me to be sexist).
non government organizations
These are perhaps variations on non profit organizations (see which above), in the case that the primary apparent source of funding is not some obvious uber wealthy magnate, "choosing" to "do good" in his elder years.
privatize and compartmentalize
It is easy and routine for properly trained lawyers to slice and dice institutions, whether government, corporate, military, religious, or intelligence, so that each particular institution seems to be on a worthwhile mission to most of those working with it or inside it, but so that the overall effect is quite nefarious. The blatantly evil tasks can be isolated to the dark corners, staffed by blatantly evil people.
derivatives
Derivatives are bets on other financial assets. They are a form of insurance. Say for example, your current portfolio would take a big hit if the interest rate on the US Ten Year Treasury (now at 1.55% as I write this) goes above 1.9% before the end of December 2021. Then you can place a side bet that it will do just that. There are plenty of big money investors out there who doubt that will happen and who will give you good odds on that bet. So if it does indeed do that, your "insurance" pays out, cushioning your losses elsewhere in your portfolio.
futures, options
Futures and options markets are a classic tool for "rigging" the markets - controlling the overall price action on the underlying asset (stocks, bonds, commodities, gold and silver, and as of last week, bitcoins), with a high degree of leverage. A little money properly applied can have a big effect on the price of the underlying asset, as counter parties have to adjust their leveraged and optioned portfolios in order to remain in compliance with their mandates.
propagandize, and indoctrinate
This sh*t couldn't go down, in such a global, invasive, long standing manner, if most people saw it for what it was. So we're taught and mind controlled from childhood to adapt a more benign view of all this.
patents and copyrights
These are some of the favorite tools for obtaining monopoly control over various publicly visible techniques and tools. They are yet one more example of using the legislative, legal and judicial system to support their power, not to respect our rights. As John D Rockefeller once noted, "Competition is a sin."
election fraud
If you want laws to be passed to advance your interests, it helps to "own" the legislators who will be voting on those laws. If those legislators rather obviously do not respect the freedom and well being of most of those who ostensibly would be voting them into office, then it helps to be able to steal elections to get in the chosen candidate.
blackmail, bribes, and intelligence
These are useful tools for figuring out what your enemy, or your victim or patsy, is doing, and for forcing them to do what you want.
covert weapons: bio, chem, digital and energy
It always helps to have some aces up one's sleeve, with which to massively demoralize, maim or murder your oppositions, patsies or victims.
raising, identifying and promoting psychopaths
Once a family or community or culture has been sufficiently corrupted, it can be counted on to raise a higher proportion of its children to be damaged psychologically, mentally and spiritually. Then when they become adults, they can be "tested" for their willingness to participate in evil, and promoted into positions of higher power if they pass the "test" (which test also provides blackmail leverage against them.)
Back to the example of the mortgage I held on a (quite) modest California McMansion, back in the 1990's and early 2000's: that mortgage, which was already expanded ten fold by a long rise in "real estate prices" (thanks to a long decline in US Treasury debt interest rates), was no doubt securitized, probably rehypothecated into multiple such securities, which could have been used as collateral for various futures options supporting further financial instruments wagering on (derivatives leveraged on changes in) other (also deeply manipulated) markets.
Thus what, in my father's time, would have been one or two tens of thousands of dollars became my mortgage of a couple hundreds of thousands of dollars, which after further securitization, rehypothecation, leverage, options, and derivation, might have stood beneath a few tens of billions of dollars of "monetary assets."
I doubt many readers will get this far. It has too many financial buzzwords, which will be not worth seriously thinking about for many, and mundanely obvious for others. I doubt however that anyone will seriously disagree with the main thrust of the above ... fire away if I'm wrong about that.
I write the above as background for a cryptocurrency post that I will try to get to next. If I succeed at that "crypto" post, I'll come back here and edit this post to link to that one.
=== ===
P.S. -- Here is the above promised cryptocurrency thread: Will the Banksters Embrace, Extend, and Extinguish Cryptocurrencies? (https://projectavalon.net/forum4/showthread.php?116682-Will-the-Banksters-Embrace-Extend-and-Extinguish-Cryptocurrencies)