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ThePythonicCow
7th March 2016, 02:43
I have probably commented in some earlier post(s) that the Bastard Banksters in Power intend to replace a collapsing debt-money system based on the US Dollar and US Debt, with another debt-money system with a new capital basis, some sort of a basket of national currencies and gold, derived from present day SDR's.

With this post, I am changing my view.

Just now I noticed a passage in an earlier book by Joseph P. Farrell that I suspect better explains what is going on. Farrell published Babylon's Banksters: The Alchemy of Deep Physics, High Finance and Ancient Religion (http://smile.amazon.com/dp/1932595791) in 2010, and I read first it in 2012.

On pages 202-204, Farrell wrote the following:

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Here, Farrell is describing ancient times, from Babylon to Egypt to Greece to Rome.

But I think that what's happening in the present, to the world monetary system, fits the same pattern.

We have been on a world monetary system, the Reserve Dollar system, that has at its foundation a debt-money system, based on US Treasury debt as the foundation asset.

That system is currently being dismantled ... many of us agree on that point.

The question is what comes next. It just now occurred to me, on re-reading the above passage of Farrell, that it nicely describes what will happen next.

We have been in the Second Stage above, issuing false receipts against US Treasury debt and its various derivative financial instruments.

We are about to transition to the Third Stage, in which the global monetary system is based on bullion, as a measure against the false receipts of the Second Stage. The Bastard Banksters are quite fine with a bullion based system, so long as they control the mines and stores of bullion. I conclude that the Bastard Banksters are confident that they control China, a primary manager of gold mining and a primary holder of gold bullion.

Then along with this the various national currencies, including a US Treasury Dollar that replaces US Federal Reserve Dollars, will be created as debt-money facsimiles lent into existence against bullion. The money of governments, businesses and individuals will continue to be debt-money, lent into existence by the banks. But the core asset underlying the national currencies in which this debt-money is denominated will be bullion, not itself some particular nation's debt-money.

In the first half of the 1900's, the Bastard Banksters transitioned the US from a bullion based system to a debt-money based system, with the institution of the Federal Reserve and the replacement of bullion backed Dollars with debt-money lent into existence by the Federal Reserve.

In the second half of the 1900's, the global hegemony of the US was used to replace various other national currencies of whatever sort of backing with currencies that fundamentally depended on US Treasuries (a debt-money asset), at their core, and instituted a global monetary system based on the US Dollar, directly or indirectly, as its core reserve asset.

Now in the first half of the 2000's, King Dollar is being replaced as the global core financial asset with bullion.

But this replacement is not direct. Rather it is indirect. National currencies will be facsimiles (as Farrell phrases it above) of that core global bullion asset controlled by the Bastard Banksters, and governments, corporations and individuals will borrow such national currencies into existence.

Think global bullion facsimile money, but local debt facsimile money.

ThePythonicCow
7th March 2016, 03:20
The Dollar (or other national currency) that you or I spend will not be gold backed - of course not. It will have started life in a collateralized loan from a bank.

The new "Treasury Dollar" will not be printed as needed by the US government and spent into existence on worthy public works and services, as Ellen Hodgson Brown recommends in Web of Debt: The Shocking Truth About Our Money System and How We Can Break Free (http://smile.amazon.com/dp/B0057IS4RQ). Nor will other national currencies be so issued. Rather the US Treasury (or an overhauled Federal Reserve), and other national Central Banks will borrow their national currencies into existence, offering up their national resources, such as gold and silver bullion, and other negotiable resources, as collateral.

Some gold bugs are going to be sorely (poorly?) disappointed, as much of the gold bug hype of the last decade doubtlessly intended. The key objective of the various manipulations of gold, silver, and their mining over the last few decades has been to centralize their control, and destroy or weaken for easy acquisition any mining or holdings outside central control.

Unlike in the early 1980's when a weakening US Treasury debt structure was remedied by the shock "therapy" of Paul Volcker, the Federal Reserve Chairman at the time, raising Treasury interest rates to 17 or 18%, which setup another 30 years of slowly declining Treasury rates (hence slowly rising Treasury debt paper value), this time the weakening US Treasury debt structure will be replaced with a currency lent into existence from a world-wide monetary authority (the BIS, I presume) as "gold backed" facsimiles against the bullion and other negotiable assets that they control.

The US will have to sell some major resources, such as mineral rights to much of its western land, in order to obtain some gold of its own in order to settle its present bankruptcy and earn a seat at the table again. The US Bureau of Land Management (BLM) has been the tip of the spear for the last few decades, acquiring control of that land, in anticipation of this event.

Wide-Eyed
7th March 2016, 03:32
Looks like banks are on the gold train according to zero hedge they are on buying spree getting " Gold Backed" ready. http://www.zerohedge.com/news/2016-03-02/global-central-banks-continue-longest-gold-buying-spree-vietnam-war

ThePythonicCow
7th March 2016, 05:11
A commonly used tactic of the Bastard Banksters, used in conjunction with the above strategy of shifting the basis of money, is to encourage lending denominated in currencies that the borrower does not control.

Joseph P. Farrell describes in his book Financial Vipers of Venice: Alchemical Money, Magical Physics, and Banking in the Middle Ages and Renaissance (http://smile.amazon.com/dp/B00C4GU8L4) how Venice overpowered its rival Italian city Florence this way. Florence was extending loans to the government that had to be repaid in gold. Meanwhile Venice was engaging in high volume gold and silver trading with the East. Europe valued gold more, and the East valued silver more, and Venice profited from the arbitrage. So Venice leveraged this trade to import large volumes of gold from the East, which it dumped onto the markets, driving down the value of the gold that the Florentine bankers were receiving in payment, bankrupting some key Florentine bankers.

We see that used to crush many nations in present times. Get them borrow in US Dollar denominated debt, and then make Dollars more scare, harder to obtain, while collapsing the world economy in general and the market for that country's resources or produce in particular. The Bastard Banksters end up picking up the resources and revenue streams of the crushed nations at fire sale prices. Quite a few nations are getting hit particularly hard with this gambit, right now.

But the above has been often noted.

What hasn't been noted is that the same gambit, with variations, has been applied over the last few decades to crush the Western European countries. They were corralled into a European Union, in which their own governments supposedly controlled their governments spending and borrowing, but in which they had to repay the debt in Euros, a currency that they did not control.

Crete and Greece have already been brought to their knees this way, forced to "privatize" (cede to the Banksters) national resources and income streams, and the other PIIGS (Portugal, Ireland, Italy, Greece and Spain) are waiting in line for the same fate.

That was the purpose of the Euro. That is why the obvious flaw in the construction of the Euro ... national governments but regional currency. It was a time honored tool, in another disguise, to abscond with the resources, revenues and sovereignty of the European nations.

Once the time comes to detonate the charges on this massive monetary demolition project, the Euro will have served its (present, at least) purpose, and may be allowed to collapse into the dust bin of history.

Restoring (apparent) political and monetary sovereignty to each European nation will make their people easier to govern, and with each such nation then having to fund it's national currency with loans from a world central bank (BIS or such), the control desired by the Bastard Banksters to continue these deeply fraudulent, but deeply profitable, endeavors can continue.

ThePythonicCow
7th March 2016, 05:34
Americans themselves are being trapped by the same mechanism. Individuals (whether borrowing for a car, home, education or medical bills), corporations (large and small), and governments within the US (local, state and even the federal government itself) are deeply in debt in a currency that they do not control. The Bastard Banksters control the US Dollar, not the US government.

We are now in deflation in the US, where things we have to buy, such as food, medicine, and rent, cost more, but ways we have to gain income, such as jobs for individuals, sales for companies and tax revenue for governments, are providing less income.

We Americans are being slowly crushed by the debt.

This is no doubt as intended by the Bastard Banksters.

We Americans have served our purpose in the previous round, establishing a world hegemony that could drive the installation of a Stage Two (see my opening post above) world monetary system based on debt-money, the US Dollar and its Treasury debt paper.

Now it is time to "privatize" our immense resources and crush us under the Bastard Banksters heel, so that we will be forced to accept our position as just another nation sucking at the tit of the global Bastard Banksters for loans on terms we do not control.

It is a lie, deliberately and deceptively told, that the US government has been borrowing money to repaid in a currency it controls, so could just print to clear the debt. The top US government officials probably don't control when they are allowed to go to the bathroom, much less their national currency.

ThePythonicCow
7th March 2016, 06:11
So, once the Bastard Banksters gain control of the monetary system, as they have on this planet, then there are multiple ways they have of increasing their power and wealth.


There's the fairly well known "Boom-Bust Cycle", in which they get a bunch of individuals, businesses or governments in debt with easy money, and then crash the economy so that those debts cannot be repaid. The Banksters foreclose, and repossess whatever collateral they want that was backing the loan, including "privatizing" (picking up at fire sale prices) the wealth of nations.

There is the cycling of the basis of money described in Post #1 above, back and forth between the debt-money and bullion-money stages, which provides all sort of opportunities to crush foes, extend power, and reward friends.

There is the essentially exponential growth built into the debt-money system ... usury works at the base of a monetary system by presuming unending growth, always paying back more in the future than was lent out today. That assumption is fundamentally flawed. Those who understand and control that flaw can use it to enslave those who don't.

No doubt there are other tactics that the Bastard Banksters also find useful.

ThePythonicCow
7th March 2016, 06:18
As to who these Bastard Banksters are ... that's a topic for another time. It's "a riddle, wrapped in a mystery, inside an enigma" (1) (https://en.wiktionary.org/wiki/a_riddle_wrapped_up_in_an_enigma), hidden in a maze, shrouded in a dense fog, over a field filled with landmines and King Cobra snakes.

This other post (http://projectavalon.net/forum4/showthread.php?89233-What-I-am-reading-viewing--physics-nutrition-economics-history-world-affairs-computers-...-&p=1051120&viewfull=1#post1051120) of mine will provide hints of where I'm looking.

ThePythonicCow
7th March 2016, 06:25
But this replacement is not direct. Rather it is indirect. National currencies will be facsimiles (as Farrell phrases it above) of that core global bullion asset controlled by the Bastard Banksters, and governments, corporations and individuals will borrow such national currencies into existence.

A clarification is in order here.

What I mean is that nations will have to repay their sovereign national debts in gold or equivalent (as defined by the BIS or related institution), not in their own or even any other nation's currency.

Individuals, businesses and local governments will typically have to repay debts in the currency of their nation.

Daozen
7th March 2016, 08:14
Very clear. I think this is the plan... Will they succeed, and what is the timeframe for these plans? That is an unknown. The conspiracy economic ghetto continually says there will be a collapse "this year" , but in truth, no one knows. Billion dollar microfinance is the cure to all this.

One fact: the human race spends 2 billion dollars on cigarettes per DAY. Over a billion on alcohol. Again, per day. And maybe another billion on plastic toys and luxury goods.

That's 4-5 billion USD per day, that the "oppressed masses" spend on fastening our own chains. This waste is one reason there is not more overt intervention from advanced civilizations down (up?) here.

Just making a free will choice and re-allocating 10 percent of those wasted billions to useful crowdfunding projects, starting from a house hold level, and that would be 300-400 million USD on useful humanitarian projects per day.

It may be a long road but there is still everything to play for. I am busy learning to program financial technology (in Elixir/Phoenix) right now.

Ernie Nemeth
7th March 2016, 08:40
Daozen's post made me think of this poem. I know, how can poetry fit in this thread? It is these lives we live and the games we let them play. Who has the time to remain forever vigilant? How many revolutions would it have taken to keep ourselves on the right track despite those baastard banksters? How many civil wars? People rely on the goodwill of those with the power to implement change, give the benefit of the doubt and finally hope that next time they will do the right thing...its easier than uprooting a whole generation and galvanizing them, probably yet again, to demand change by whatever means.


...............STONE....................................................JUNGLE...............
We are living in a jungle Lives all tied up in a jumble
In forests of glass and concrete We work, come home, eat, sleep... repeat.
Out in the jungle we are safe If we hold our fiat ruse faith
Borrow like debtors, pay like slaves Digging the hole that’ll be our graves.
Round every corner, in every store Ads tempt and taunt us to buy more
Three easy payments, cash or charge Future be damned while we live large.

And if the crude is to be found Beneath your feet on hallowed ground
You best play nice and let us in We don’t play fair... we always win.
You needn’t worry, it’s all good We’ll loan you cash to pimp your hood
But if you cannot pay it back Your ass is grass, we’ll lay you flat.

Yet back home something’s the matter Our new toys just makes us sadder
We bail out banks then drown in debt And then they charge us interest.
We borrow more to pay the vig Caught in a funds game that is rigged
Then inflation steals our savings ‘Till what’s left’s just unmet cravings.

But even if we’re flush with cash There’s likely pain our stash can’t match
A void, a hole, a twist of fate A state that’s still insatiate.
Then one day we wake up older Lot more gray, a lot less bolder
The hole has grown and now threatens To swallow whole our life’s lessons.

Transfixed we follow the taillights In a line, with no lefts and rights
Merged into molds our souls can’t fit Tired red eyes, yawning we sit.
Another day, one more dollar Fifty years with colored collar
But in another week, month, year Retirement will soon be here.

So why when golden years have come Do some succumb to death’s freedom
Why escape life so suddenly When finally fledged and set free?
And why do most become like ghosts And haunt their minds with sad reproach
Until like specters they pass like mist Midst live folk, lost twixt ire and whist.

What is this hole that we deny What common myth does it defy
That in the end our trinket fades In luster and its value wanes?
No tarmac or brickwork or steel Brings us alive or makes us feel
What good is life if we live it dead To life’s web, for we’re indebted?

A world of iron and plastic Is neither safe nor majestic
It isn’t authentic at all And it sure isn’t natural.
Caught in the rush, the shove and push The line-ups, hang-ups, fines and such
Always busy without reprieve Ne’er a once the time to just breathe.

The hole is that part of our heart Rarely heeded, though very smart
It is our reverence and awe Fed to the stone jungle’s great maw.
But our fealty is to the earth It’s from her we derive our worth
Land, sea, fire, and air above It’s these we are, it’s these we love.

Sorry Paul, seemed pertinent.
Carry on

samildamach
7th March 2016, 10:15
Great read.so it's possible this insidious manipulation of humanity has been going on for thousands of years.is it possible by the same families/bloodlines ?

Redstar Kachina
7th March 2016, 10:54
..........