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Thread: The Money Masters; Crises of war, plague and hunger; Total central real-time control of all money.

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    Default Re: The Money Masters; Crises of war, plague and hunger; Total central real-time control of all money.

    The combination and accumulation of power by one centralized oligarchy of powerful interests, manifest as a fascist (combined corporate, political and financial interests), that has been done over the last century around the world, such as I've lived through in the United States in the 70+ years of my life, claims to be "for the greater good", but is actually driven by the most powerful, must be devolved.

    It is not for the greater good of humanity. As one small example, the "War on Drugs" did not remove that scourge from humanity, but rather removed competition, world-wide, to the CIA controlled drug trafficking business. As John D Rockefeller famously noted, "Competition is a sin" (in the view of such tyrants as himself).

    This is not simply a secession of states or a potential Civil War. It is the rebuilding of our civilization, from the ground up, from "local" interests on up, where "local" might be a handful of people, world-wide, working together over the Internet, on an area of common interest.
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    Default Re: The Money Masters; Crises of war, plague and hunger; Total central real-time control of all money.

    Charles Hoskinson, of Cardano (ADA), has been working this for years now. He understands far better than I do what it will take to build a new, robust, global, decentralized, monetary system.

    This interview is over an hour long (sorry), but it's a great listen to understand what it will take, and where we are so far, on building this new global monetary system, to replace the one we've been using for the last 6,000 years.
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    Default Re: The Money Masters; Crises of war, plague and hunger; Total central real-time control of all money.

    ^ thanks - ADA is one of my holdings.
    I don't believe anything, but I have many suspicions. - Robert Anton Wilson

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    (avatar image: Brocken spectre, a wonderful phenomenon of nature I have experienced and a symbol for my aspirations.)

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    Default Re: The Money Masters; Crises of war, plague and hunger; Total central real-time control of all money.

    Quote Posted by ThePythonicCow (here)
    Charles Hoskinson, of Cardano (ADA), has been working this for years now. He understands far better than I do what it will take to build a new, robust, global, decentralized, monetary system.

    This interview is over an hour long (sorry), but it's a great listen to understand what it will take, and where we are so far, on building this new global monetary system, to replace the one we've been using for the last 6,000 years.
    really inspiring and enlightening, good to have this guy around post system collapse.

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    Default Re: The Money Masters; Crises of war, plague and hunger; Total central real-time control of all money.

    Quote Posted by ThePythonicCow (here)
    Here's the 15 minute, 19 second clip from the above Susan Bradford link that I extracted from her 29 March 2021 interview with Patric Timpone.

    It will give you a sense of Susan's background, and a few of her (many) insights into how the deep state, which she sometimes calls the Phoenicians, as led by the Rothschilds for the last few centuries, have forced their way into immense power over much of the world's nations and major institutions.

    http://thepythoniccow.us/Patrick_Tim...an_cropped.mp3

    (The inline MP3 markup was not working for me, so you'll have to click the above link to play it.)

    Susan Bradford's understanding closely matches mine in many ways, though with much more in depth research and reporting skill than mine.
    Another person who comes to his own "unique" take on matters, including our history, is Miles Mathis. He has just posted his take on the history of Rome, especially around the time of Julius Caesar and Cleopatra.

    Those who enjoy reading Miles' works will not be surprised to learn that he figures that both Caesar and Cleopatra, as well as the other ruling families of Rome at that time, were descendants of the Phoenicians.

    If such retellings of our history, from ancient times to current events, are correct, and the Phoenicans and their descendant families, by the numerous names they have taken, are as deeply entrenched into the dominant institutions (governments, corporations,et al) of our time as such retellings present, then it will be stunning beyond ordinary comprehension if it turns out that we are now living through the time of their overthrow.

    My current sense is that we are living in such times, and that I will live to see the day when this becomes more apparent to the people of our civilization.

    Since one (of many) of their tools for the oppression of humanity is the centralization and weaponization of monetary power and debt issuance, therefore a key marker for their collapse will be the removal of central banks and centralized control of our civilization's money and debt. The non-centralized alternatives are termed "DeFi" in the cryptocurrency space, where "DeFi" stands for Decentralized Finance. A key organizing structure being developed in the cryptocurrency space is called "DAO", for Decentralized Autonomous Organization. DAO's build upon distributed ledgers, such as blockchains, to manage the assets and contracts of mission focused organizations which manage specific resources, assets, capabilities, and activities.

    We will need to soon come to understand the essential difference between cryptocurrencies that are independently distributed, decentralized and organized, and those other central bank digital currencies (CBDC's) that are central bank money, in a new digital form, that would extend the control and surveillance of the existing Money Masters much more deeply into every human's day to day affairs.

    Digital currencies, aka cryptocurrencies, are like the gunpowder used by armies and police in recent centuries. Both are core technologies that dramatically empower those who have them over all others who don't have and control them. The manner in which our civilization's money is handled and debt is issued, following the collapse of the current US Dollar centric system, will determine whether or not humanity escapes the 6,000 rule of these Money Masters, descendant from the Phoenicians.

    I beseech all reading my words here to learn more of these digital, aka crypto, currencies and of their various uses in managing all sorts of human activity and resources. In particular, learn to distinguish between CBDC and DeFi. The future of freedom for the next millennium hangs in the balance.

    Mao Zedong once said that "political power grows out of the barrel of a gun (Chinese: 枪杆子里面出政权)"

    Now it seems to me that "political power grows out of the structure of our money."
    • Yes to Decentralized Finance (DEFI), built on distributed ledgers (e.g. blockchains), and managed by Decentralized Autonomous Organizations (DAO).
    • No to Central Banks, their Digital Currencies (CBDC's), and the continued global centralization of the power over of our money and debt, which would enslave us all (except the Money Masters).
    Last edited by ThePythonicCow; 7th October 2021 at 04:17.
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    Default Re: The Money Masters; Crises of war, plague and hunger; Total central real-time control of all money.

    Quote Posted by ThePythonicCow (here)
    I beseech all reading my words here to learn more of these digital, aka crypto, currencies and of their various uses in managing all sorts of human activity and resources. In particular, learn to distinguish between CBDC and DeFi. The future of freedom for the next millennium hangs in the balance.
    Well, on the other hand, I'm probably a decade late and a billion dollars (*) short to influence the future on this.

    I just posted a compelling article describing what seems more likely to unfold in the U.S., regarding crypto currenies:
    Future U.S. IRS Tax regulations on Cryptocurrencies, Bitcoin, etc.

    Bottom line - if the changes forecast in this article by Wesley Thysse occur, then the U.S. would replace its debt-money (banks lend money into existence) with a Federal Reserve issued Central Bank Digital Currency, and all cryptocurrencies would fall under various laws and regulations adapted from various existing securities and commodities laws and regulations.

    (*) ... or should I say a century late and a trillion dollars short?
    Last edited by ThePythonicCow; 10th October 2021 at 17:21.
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    Default Re: The Money Masters; Crises of war, plague and hunger; Total central real-time control of all money.

    .
    The following article is brilliant, shining brightly, in my view.

    It initially appeared at A Global Fiat Currency: "One Ring to Rule Them All" (mises.org), then was copied to SchiffGold.com, and from there to Zerohedge.com.

    I will copy it in full to here, on Avalon.

    === ===

    A Global Fiat Currency: "One Ring to Rule Them All"

    09/24/2021 -- Thorsten Polleit

    1.

    Human history can be viewed from many angles. One of them is to see it as a struggle for power and domination, as a struggle for freedom and against oppression, as a struggle of good against evil.

    That is how Karl Marx (1818–83) saw it, and Ludwig von Mises (1881–1973) judged similarly. Mises wrote:

    Quote The history of the West, from the age of the Greek Polis down to the present-day resistance to socialism, is essentially the history of the fight for liberty against the encroachments of the officeholders. (1)
    But unlike Marx, Mises recognized that human history does not follow predetermined laws of societal development but ultimately depends on ideas that drive human action.

    From Mises’s point of view, human history can be understood as a battle of good ideas against bad ideas.

    Ideas are good if the actions they recommend bring results that are beneficial for everyone and lead the actors to their desired goals;

    At the same time, good ideas are ethically justifiable, they apply to everyone, anytime and anywhere, and ensure that people who act upon them can survive.

    On the other hand, bad ideas lead to actions that do not benefit everyone, that do not cause all actors to achieve their goals and/or are unethical.

    Good ideas are, for example, people accepting “mine and yours”; or entering into exchange relationships with one another voluntarily. Bad ideas are coercion, deception, embezzlement, theft.

    Evil ideas are very bad ideas, ideas through which whoever puts them into practice is consciously harming others. Evil ideas are, for example, physical attacks, murder, tyranny.

    2.

    With Lord of the Rings, J. J. R. Tolkien (1892–1973) wrote a literary monument about the epic battle between good and evil. His fantasy novel, published in 1954, was a worldwide success, not least because of the movie trilogy, released from 2001 to 2003.

    What is Lord of the Rings about? In the First Age, the deeply evil Sauron—the demon, the hideous horror, the necromancer—had rings of power made by the elven forges.

    Quote Three Rings for the Elven-kings under the sky,

    Seven for the Dwarf-lords in their halls of stone,

    Nine for Mortal Men doomed to die,

    One for the Dark Lord on his dark throne

    In the Land of Mordor where the Shadows lie.

    One Ring to rule them all, One Ring to find them,

    One Ring to bring them all, and in the darkness bind them.

    In the Land of Mordor where the Shadows lie.
    But Sauron secretly forges an additional ring into which he pours all his darkness and cruelty, and this one ring, the master ring, rules all the other rings.

    When Sauron puts the master ring on his finger, he can read and control the minds of everyone wearing one of the other rings.

    The elves see through the dark plan and hide their three rings. The seven rings of the dwarves also fail to subjugate their bearers. But the nine rings of men proved to be effective: Sauron enslaved nine human kings, who were to serve him.

    Then, however, in the Third Age, in the battle before Mount Doom, Isildur, the eldest son of King Elendils, severed Sauron’s ring finger with a sword blow. Sauron is defeated and loses his physical form, but he survives.

    Now Isildur has the ring of power, and it takes possession of him. He does not destroy the master ring when he has the opportunity, and it costs him his life. When Isildur is killed, the ring sinks to the bottom of a river and remains there for twenty-five hundred years.

    Then the ring is found by Smeagol, who is captivated by its power. The ring remains with its finder for nearly five hundred years, hidden from the world.

    Over time, Sauron’s power grows again, and he wants the Ring of Power back. Then the ring is found, and for sixty years, it remains in the hands of the hobbit Bilbo Baggins, a friendly, well-meaning being who does not allow himself to be seduced by the power of the One Ring.

    Years later, the wizard Gandalf the Gray learns that Sauron’s rise has begun, and that the Ring of Power is held by Bilbo Baggins.

    Gandalf knows that there is only one way to defeat the ring and its evil: it must be destroyed where it was created, in Mordor.

    Bilbo Baggins’s nephew, Frodo Baggins, agrees to take the task upon himself. He and his companions—a total of four hobbits, two humans, a dwarf, and an elf—embark on the dangerous journey.

    They endure hardship, adversity, and battles against the dark forces, and in the end, they succeed at what seemed impossible: the destruction of the ring of power in the fires of Mount Doom. Good triumphs over evil.

    3.

    The ring in Tolkien’s Lord of the Rings is not just a piece of forged gold. It embodies Sauron’s evil, corrupting everyone who lays hands or eyes on it, poisons their soul, and makes them willing helpers of evil.

    No one can wield the cruel power of the One Ring and use it for good; no human, no dwarf, no elf.

    Can an equivalent for Tolkien’s literary portrait of the evil ring be found in the here and now? Yes, I believe so, and in the following, I would like to offer you what I hope is a startling, but in any case entertaining, interpretation.

    Tolkien’s Rings of Power embody evil ideas.

    The nineteen rings represent the idea that the ring bearers should have power over others and rule over them.

    And the One Ring, to which all other rings are subject, embodies an even darker idea, namely that the bearer of this master ring has power over all other ring bearers and those ruled by them; that he is the sole and absolute ruler of all.

    The nineteen rings symbolize the idea of establishing and maintaining a state (as we know it today), namely a state understood as a territorial, coercive monopoly with the ultimate power of decision-making over all conflicts.

    However, the One Ring of power stands for the particularly evil idea of creating a state of states, a world government, a world state; and the creation of a single world fiat currency controlled by the states would pave the way toward this outcome.

    4.

    To explain this, let us begin with the state as we know it today. The state is the idea of the rule of one over the other.

    This is how the German economist, sociologist, and doctor Franz Oppenheimer (1864–1946) sees it:

    Quote The state … is a social institution, forced by a victorious group of men on a defeated group, with the sole purpose of regulating the dominion of the victorious group over the vanquished and securing itself against revolt from within and attacks from abroad…. This dominion had no other purpose than the economic exploitation of the vanquished by the victors. (2)
    Joseph Stalin (1878–1953) defined the state quite similarly:

    Quote The state is a machine in the hands of the ruling class to suppress the resistance of its class opponents. (3)
    The modern state in the Western world no longer uses coercion and violence as obviously as many of its predecessors.

    But it, too, is, of course, built on coercion and violence, asserts itself through them, and most importantly, it divides society into a class of the rulers and a class of the ruled.

    How does the state manage to create and maintain such a two-class society of rulers and ruled?

    In Tolkien’s Lord of the Rings, nine men, all of them kings, wished to wield power, and so they became bearers of the rings, and because of that, they were inescapably bound to Sauron's One Ring of power.

    This is quite similar to the idea of the state. To seize, maintain, and expand power, the state seduces its followers to do what is necessary, to resort to all sorts of techniques: propaganda, carrot and stick, fear, and even terror.

    The state lets the people know that it is good, indispensable, inevitable. Without it, the state whispers, a civilized coexistence of people would not be possible.

    Most people succumb to this kind of propaganda, and the state gets carte blanche to effectively infiltrate all economic and societal matters—kindergarten, school, university, transport, media, health, pensions, law, security, money and credit, the environment—and thereby gains power.

    The state rewards its followers with jobs, rewarding business contracts, and transfer payments. Those who resist will end up in prison or lose their livelihood or even their lives.

    The state spreads fear and terror to make people compliant—as people who are afraid are easy to control, especially if they have been led to believe that the state will protect them against any evil.

    Lately, the topics of climate change and coronavirus have been used for fear-mongering, primarily by the state, which is skillfully using them to increase its omnipotence: it destroys the economy and jobs, makes many people financially dependent on it, clamps down on civil and entrepreneurial freedoms.

    However, it is of the utmost importance for the state to win the battle of ideas and be the authority to say what are good ideas and what are bad ideas.

    Because it is ideas that determine people’s actions.

    The task of winning over the general public for the state traditionally falls to the so-called intellectuals—the people whose opinions are widely heard, such as teachers, doctors, university professors, researchers, actors, comedians, musicians, writers, journalists, and others.

    The state provides a critical number of them with income, influence, prestige, and status in a variety of ways—which most of them would not have been able to achieve without the state. In gratitude for this, the intellectuals spread the message that the state is good, indispensable, inevitable.

    Among the intellectuals, there tend to be quite a few who willingly submit to the rings of power, helping—consciously or unconsciously—to bring their fellow men and women under the spell of the rings or simply to walk over, subjugate, dominate them.

    Anyone who thinks that the state (as we know it today) is acceptable, a justifiable solution, as long as it does not exceed certain power limits, is seriously mistaken.

    Just as the One Ring of power tries to find its way back to its lord and master, an initially limited state inevitably strives towards its logical endpoint: absolute power.

    The state (as we know it today) is pushing for expansion both internally and externally. This is a well-known fact derived from the logic of human action.

    George Orwell put it succinctly: “The object of power is power.” (4) Or, as Hans-Hermann Hoppe nails it, “[E]very minimal government has the inherent tendency to become a maximal government.” (5)

    Inwardly, the state is expanding through all sorts of interventions in economic and social life, through regulations, ordinances, laws, and taxes.

    Outwardly, the economically and militarily strongest state will seek to expand its sphere of influence. In the most primitive form, this happens through aggressive campaigns of conquest and war, in a more sophisticated form, by pursuing political ideological supremacy.

    In recent decades the latter has taken the form of democratic socialism. To put it casually, democratic socialism means allowing and doing what the majority wants.

    Under democratic socialism, private property is formally upheld, but it is declared that no one is the rightful owner of 100 percent of the income from their property.

    People no longer strive for freedom from being ruled but rather to participate in the rule. The result is not people pushing back the state, but rather coming to terms and cooperating with it.

    The practical consequence of democratic socialism is interventionism: the state intervenes in the economy and society on a case-by-case basis to gradually make socialist ideals a reality.

    All societies of the Western world have embraced democratic socialism, some with more authority than others, and all of them use interventionism. Seen in this light, all Western states are now acting in concert.

    What they also have in common is their disdain for competition, because competition sets undesirable limits to the state’s expansive nature.

    Therefore, larger states often form a cartel. Smaller, less powerful states are compelled to join—and if they refuse, they will suffer political and economic disadvantages.

    But the cartel of states is only an intermediate step. The logical endpoint that democratic socialism is striving for is the creation of a central authority, something like a world government, a world state.

    5.

    In Tolkien’s Lord of the Rings, the One Ring, the ring of power, embodies this very dark idea: to rule them all, to create a world state.

    To get closer to this goal, democracy (as we understand it today) is proving to be an ideal trailblazer, and that’s most likely the reason why it is praised to the skies by socialists.

    Sooner or later, a democracy will mutate into an oligarchy, as the German-Italian sociologist Robert Michels pointed out in 1911.

    According to Michels, parties emerge in democracies. These parties are organizations that need strict leadership, which is handed to the most power-hungry, ruthless people. They will represent the party elite.

    The party elite can break away from the will of the party members and pursue their own goals and agendas. For example, they can form coalitions or cartels with elites of other parties.

    As a result, there will be an oligarchization of democracy, in which the elected party elites or the cartel of the party elites will be the kings of the castle. It is not the voters who will call the tune but oligarchic elites that will rule over the voters.

    The oligarchization of democracy will not only afflict individual states but will also affect the international relations of democracies.

    Oligarchical elites from different countries will join together and strengthen each other, primarily by creating supranational institutions.

    Democratic socialism evolves into “political globalism”: the idea that people should not be allowed to shape their own destiny in a system of free markets but that it should be assigned and directed by a global central authority.

    The One Ring of power drives those who have already been seduced by the common rings to long for absolute power, to elevate themselves above the rest of humanity. Who comes to mind?

    Well, various politicians, high-level bureaucrats, court intellectuals, representatives of big banking, big business, Big Pharma and Big Tech and, of course, big media—together they are often called the “Davos elite” or the “establishment.”

    Whether it is about combating financial and economic crises, climate change, or viral diseases—the one ring of power ensures that supranational, state-orchestrated solutions are propagated; that centralization is placed above decentralization; that the state, not the free market, is empowered.

    Calls for the “new world order,” the “Great Transformation,” the “Great Reset” are the results of this poisonous mindset inspired by the one ring of power.

    National borders are called into question, property is relativized or declared dispensable, and even a merging of people’s physical, digital, and biological identities—transhumanism—is declared the goal of the self-empowered globalist establishment.

    But how can political globalism be promoted at a time when there are (still) social democratic nation-states that insist on their independence? And where people are separated by different languages, values, and religions?

    How do the political globalists get closer to their badly desired end of world domination, their world state?

    6.

    Sauron is the undisputed tyrant and dictator in his realm of darkness. He operates something like a command economy, forcing his subjects to clear forests, build military equipment, and breed Orcs.

    There are neither markets nor money in Sauron’s sinister kingdom. Sauron takes whatever he wants; he has overcome exchange and money, so to speak.


    Today’s state is not quite that powerful, and it finds itself in economies characterized by property, division of labor, and monetary exchange.

    The state wants to control money—because this is one of the most effective ways to gain ultimate power.

    To this end, the modern state has already acquired the monopoly of money production; and it has replaced gold with its own fiat money.

    Over time, fiat money destroys the free market system and thus the free society. Ludwig von Mises saw this as early 1912. He wrote:

    Quote It would be a mistake to assume that the modern organization of exchange is bound to continue to exist. It carries within itself the germ of its own destruction; the development of the fiduciary medium must necessarily lead to its breakdown. (6)
    Indeed, fiat money not only causes inflation, economic crises, and an unsocial redistribution of income and wealth. Above all, it is a growth elixir for the state, making it ever larger and more powerful at the expense of the freedom of its citizens and entrepreneurs.

    Against this backdrop, it should be quite understandable why the political globalists see creating a single world currency as an important step toward seizing absolute power.

    In Europe, what the political globalists want “on a large scale” has already been achieved “on a small scale”: merging many national currencies into one.

    In 1999, eleven European nation-states gave up their currencies and merged them into a single currency, the euro, which is produced by a supranational authority, the European Central Bank.

    The creation of the euro provides the blueprint by which the world’s major currencies can be converted into a single world currency.

    This is what the 1999 Canadian Nobel laureate in economics, Robert Mundell, recommends: Fixing the exchange rates between the US dollar, the euro, the Chinese renminbi, the Japanese yen, and the British pound against each other and also fixing them against a new unit of account, the INTOR. And hocus pocus: here is the world fiat currency, controlled by a cartel of central banks or a world central bank.

    7.

    Admittedly, creating a single world fiat currency seems to have little chance of being realized at first glance. But maybe at second glance.

    First of all, there is a good economic reason for having a single world currency: if all people do business with the same money, the productive power of money is optimized. From an economic standpoint, the optimal number of monies in the world is one.

    What is more, nation-states have the monopoly of money within their respective territory, and since they all adhere to democratic socialism, they also have an interest in ensuring that there is no currency competition—not even between different state fiat currencies. This makes them susceptible to the idea of reducing the pluralism of currencies.

    Furthermore, one should not misinterpret the so-called rivalry between the big states such as the US and China and between China and Europe, which is being discussed in the mainstream media on a regular basis.

    No doubt that there is a rivalry between the national rulers: they do not want to give up the power they have gained in their respective countries; they want to become even more powerful.

    But the rivalry between the oligarchic democracies of the West has already weakened significantly, and there are great incentives for the oligarchic party elites to work together across borders.

    In fact, it is the oligarchization of democracy in the Western world that allowed for the rapprochement with a socialist-communist regime: the state increasingly taking control of the economic and societal system.

    This development could be called “the Chinacization of the West.”

    The way the Western world has dealt with the coronavirus—the suspension, perhaps the termination of constitutional rights and freedoms—undoubtedly shows where the journey is headed: to the authoritarian state that is beyond the control of the people—as is the case in Communist China. The proper slogan for this might be “One System, Many Countries.”

    Is it too farfetched to assume that the Western world will make common cause with Communist China not only on health issues but also on the world currency issue? The democratic socialists in the West and the Chinese Communist Party have a great deal of common ground and common interest, I would think.

    It is certainly no coincidence that China has pushed hard for the Chinese renminbi to be included in the International Monetary Fund’s special drawing rights, and that the IMF already agreed in November 2015.

    8.

    The issue of digital central bank money, something the world’s major central banks are working on, could be a catalyst in the creation of a single world currency.

    The issue of digital central bank money not only heralds the end of cash—the anonymous payment option for citizens and entrepreneurs.

    Once people start using digital central bank money, it will be easy for the central bank and the state to spy on people’s transactions.

    The state will not only know who pays what, when, where, and what for. It will also be in a position to determine who gets access to the deposits: who gets them and who doesn’t.

    China is blazing the trail with its “social credit system”: behavior conforming to the Communist regime is rewarded, behavior that does not is punished.

    Against this backdrop, digital central bank money would be particularly effective at stifling unwanted political opposition.

    Digital central bank money will not only replace cash, but it will also increasingly compete with money from commercial banks.

    Why should you keep your money with banks that are exposed to the risk of default when you can keep it safe with the central bank that never goes bankrupt?

    Once commercial bank deposits can be exchanged one to one for digital central bank money—and this is to be expected—the credit and monetary system is de facto fully nationalized.

    Because under these conditions, the central bank transfers its unlimited solvency to the commercial banking sector.

    This completely deprives the financial markets of their function of determining the cost of capital—and the state-planned economy becomes a reality.

    In fact, this is the type of command and control economy that emerged in National Socialist Germany in the 1930s. The state formally retained ownership of the means of production.

    But with commands, prohibitions, laws, taxes, and control, the state determines who is allowed to produce what, when, and under what conditions, and who is allowed to consume what, when, and how much.

    In such a command and control economy, it is quite conceivable that the form of money production will change—away from money creation through lending toward the issue of helicopter money.

    The central bank determines who gets how much new money and when. The amount of money in people’s bank accounts no longer reflects their economic success. From now on, it is the result of arbitrary political decisions by the central banks, i.e., the rulers.

    The prospect of being supplied with new money by the state and its central bank—that is, receiving an unconditional basic income—will presumably drive hosts of people into the arms of the state and bring any resistance to its machinations to a shrieking halt.

    9.

    Will the people, the general public, really subscribe to all of this?

    Well, government-sponsored economists, in particular, will do their very best to inform us about the benefits of having a globally coordinated monetary policy; that stabilizing the exchange rates between national currencies is beneficial; that if a supranational controlled currency—with the name INTOR or GLOBAL—is created, we will achieve the best of all worlds. And as the issuance of digital central bank money has shut down the last remnants of a free capital market, the merging of different national currencies into one will be relatively easy.

    The single world currency creature that the political globalists want to create will be a fiat money, certainly not a commodity money.

    Such a single world fiat currency will not only suffer from all the economic and ethical defects which weigh on national fiat currencies.

    It will also exacerbate and exponentiate the damages a national fiat currency causes. The door to a high inflation policy would be pushed wide open—as nobody could escape the inflationary single world fiat currency.

    The states are the main beneficiaries: they can get money from the world central bank at any time, provided they adhere to the rules set out by the world central bank and the special interest groups that govern it.

    This creates the incentive for national states to relinquish sovereignty rights and to submit to supranational rules—for example, in taxation and financial market regulation.

    It is therefore the incentive resulting from a single world currency that paves the way toward a world government and a world state.

    In this context, please note what happened in the euro area: the starting point was not the creation of the EU superstate, which was to be followed by the introduction of the euro. It was exactly the opposite: the euro was introduced to overcome national sovereignty and ultimately establish the United Nations of Europe.

    One has good reason to fear that the idea of issuing a world fiat currency—which the master ring relentlessly pushes for—would bring totalitarianism—that would most likely dwarf the regim

    10.

    In Tolkien’s Lord of the Rings, evil is eventually defeated. The story has a happy ending. Will it be that easy in our world?

    The ideas of having a state (as we know it today), of tolerating it, of cooperating with it, of giving the state total control over our money, of accepting fiat money, are deeply rooted in people’s minds as good ideas.

    Where are the forces supposed to come from that will enlighten people about the evil that the state (as we know it today) brings to humanity?

    Particularly when in kindergartens, schools, and universities—which are all in the hands of the state—the teachings of collectivism-socialism-Marxism are systematically drummed into people’s (especially impressionable children’s) heads, when the teachings of freedom, free market and free society, and capitalism are hardly or not at all imparted to the younger generation?

    Who will explain to people the uncomfortable truth that even a minimal state will become a maximal state? That states’ monopolies over money will lead to a single world currency and thus world tyranny?

    It does not take much to become bleak when it comes to the future of the free economic and social order.

    However, it would be rather shortsighted to get pessimistic.

    Those who believe in Jesus Christ can trust that God will not fail them. If we cannot think of a solution to the problems at hand, the believers can trust God. Because “[e]ven in the darkest night, there is a bright light shining somewhere.”

    Or: please remember the Enlightenment movement in the eighteenth century. At that time, the Prussian philosopher Immanuel Kant explained the “unheard of” to the people, namely that there is such a thing as “autonomy of reason.”

    It means that you and I have the indisputable right to lead our lives independently; that we should handle it according to self-imposed rules, rules that we determine ourselves based on good reason.

    People back then understood Kant’s message. Why should such an intellectual revolution—triggered by the writings and words of a free thinker—not be able to repeat itself in the future?

    Or: the fact that people have not yet learned from bad experience does not mean that they won’t eventually learn from it.

    When it comes to thinking about changes for the better, it is important to note that it is not the mass of people that matters, but the individual.

    Applied to the conditions in today’s world, among those thinkers who can defeat evil and help the good make a breakthrough are Ludwig von Mises, Murray Rothbard, and Hans-Hermann Hoppe—and all those following their teachings and fearlessly disseminating them—as scholars or as fans.

    They are—in terms of Tolkien’s Lord of the Rings—the companions. They give us the intellectual firepower and the courage to fight and defeat evil.

    I don’t know if Ludwig von Mises knew Tolkien’s Lord of the Rings. But he was certainly well aware of the struggle between good and evil that continues throughout human history.

    In fact, the knowledge of this struggle shaped Mises’s maxim of life, which he took from the verse of the Roman poet Virgil (70 to 19 BC):

    “Tu ne cede malis, sed contra audentior ito,” which means “Do not give in to evil but proceed ever more boldly against it.”

    I want to close my interpretation with a quote from Samwise Gamgee, the loyal friend and companion of Frodo Baggins.

    In a really hopeless situation, Sam says to Frodo: “There is something good in this world, Mr. Frodo. And it’s worth fighting for.”

    So if we want to fight for the good in this world, we know what we have to do: we have to fight for property and freedom and against the darkness that the state (as we know it today) wishes to bring upon us, especially with its fiat money.

    In fact, we must fight steadfastly for a society of property and freedom!

    Thank you very much for your attention!

    Presented at the Property and Freedom Society in Bodrum, Turkey, Sept. 17, 2021.

    --- ---
    1. Ludwig von Mises, The Ultimate Foundation of Economic Science: An Essay on Method (Princeton, NJ: D. Van Nostrand, 1962), p. 98.
    2. Franz Oppenheimer, The State: Its History and Development Viewed Sociologically (B.W. Huebsch, 1922), p. 15.
    3. Joseph Stalin, The Foundations of Leninism (Moscow: Pravda, 1924).
    4. George Orwell, Nineteen Eighty-Four (London: Secker and Warburg, 1949), p. 353.
    5. Hans-Hermann Hoppe, Democracy: The God That Failed (New Brunswick, NJ: Transaction Publishers, 2001), p. 229.
    6. Ludwig von Mises, The Theory of Money and Credit, trans. J.E. Batson (Auburn, AL: Ludwig von Mises Institute, 2009), p. 409.

    Author:

    Thorsten Polleit

    Dr. Thorsten Polleit is Chief Economist of Degussa and Honorary Professor at the University of Bayreuth. He also acts as an investment advisor.
    My quite dormant website: pauljackson.us

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    Default Re: The Money Masters; Crises of war, plague and hunger; Total central real-time control of all money.

    Quote Posted by ThePythonicCow (here)
    (*) ... or should I say a century late and a trillion dollars short?
    ... or should I say a few millenia and a few quadrillion dollars short?

    Based in some good part on my experience in the Open Source software development of Linux and other such GNU and Internet software, here's the most likely outcome ... unless that is the Galactic wave of electro-magnetic energy that is now starting to wash over our solar system, as it seems to do every 12,000 years or so, once again upsets the apple cart of the Elite Bastards, the Money Masters, and other such tyrants and evil doers.

    A common path has been followed by Open Source projects such as Linux, GNU system software, Web browsers, and other such that we've built on the incredible base of electronic and computer hardware that has arisen in my lifetime (literally -- I was born in the month that Bell Labs announced the transistor to the world, in December of 1947).

    In their early conception and development phase, work on these projects was (and now with cryptocurrencies "is") dominated by young, inspired, geeks, working together toward manifesting the technical potential of their new capabilities. They are inspired both by the technology and cooperative freedom. I posted above an excellent example of the mind set and vision of such geeks, in my Post #82, in which Charles Hoskinson, of Cardano (ADA), presents what it will take to build a new, robust, global, decentralized, monetary system.

    Then, as each major software layer matures and is widely deployed, it is co-opted by major Corporate interests:
    • Linux (and its cousin BSD Unix) have become the basis for the operating systems in our mobile phones, both iPhone and Android.
    • Internet software such as the TCP/IP protocols, the DNS name servers and the Internet backbone gateway routers have become the digital backbone of our global communications for mobile phones, computers and "smart" devices (smart meters, Internet of Things, self-driving cars, satellites, ...).
    • Marc Andreessen's (and others) Mosaic web browser has evolved into Google's Chrome browser and variants. We even have Google being the major funder of the remaining major "independent" competitor, Mozilla's Firefox.
    Thus it seems that it shall be with cryptocurrencies.

    As cryptocurrencies are built out by the freedom loving geeks (such as Charles Hoskinson, noted above) and globally deployed by Central Banks and major corporations, I expect that they will be integrated into a global regulatory system, managed by the Money Masters.


    Privacy coins and unmonitored peer-to-peer cryptocurrency transactions will be co-opted by the Elite Bastards, as they have trade in drugs, human organs, abducted children, and funding for bribes, blackmail and propaganda. Our Elite Bastards hate competition, and drive any remnants of competition into a few dark alley's, between us deplorables.

    The use and and exchange of cryptocurrencies between ordinary individuals and businesses will be on "safe" systems, meaning in part "safe" from rebellious or "criminal", as defined by the elite, (ab)use, and meaning surveilled and controlled and used to leverage more control.

    ... Or, perhaps as happened some 65 million years ago with the dinosaurs, the dominant creatures of the time will become extinct and some fury little creatures scurrying about in the bushes will come to rule the earth (metaphorically speaking).
    Last edited by ThePythonicCow; 10th October 2021 at 21:59.
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    Default Re: The Money Masters; Crises of war, plague and hunger; Total central real-time control of all money.

    The frightful swans, black, white, and gray, are circling in the sky like those old air-traffic jams above the runways of O’Hare in bad weather. They are looking to land, and as they do, they will change everything. Enough people around the country will finally get their minds right. They will come back to themselves wondering… where have I been? This is what is coming at us (let’s count the ways):

    https://kunstler.com/cluster****-nat...-of-the-beast/

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    Default Re: The Money Masters; Crises of war, plague and hunger; Total central real-time control of all money.

    Quote Posted by Frankie Pancakes (here)
    The frightful swans, black, white, and gray, are circling in the sky like those old air-traffic jams above the runways of O’Hare in bad weather.
    Hah - I was in one of those circling planes once, scheduled to land at O'Hara.

    The plane I was on ended up being about the only one to land in that hour, while none took off. We landed in hard rain and cross winds, titled at noticeable angle. I'll never know why our pilot chose to land, rather than divert. Perhaps he didn't have a choice for some technical reason that he never shared with the passengers, or perhaps he knew such a landing was well within his skill level. The landing was smooth as silk. All's well that ends well.

    May our civilization's landing in this current storm be guided by patriots with similar skill. There is no option to divert. Land we must, come hell or high water.
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    Default Re: The Money Masters; Crises of war, plague and hunger; Total central real-time control of all money.

    When Whitney Webb does a deep dive into some topic, it's like going to the dentist for a root canal, and finding out it that it went so deep that it also cured your toenail fungus.

    Over on another thread, Tintin has posted a lengthy article by Whitney Webb that does into the details of global effort by the Money Masters to use a massive, world-wide, attack on the Web, especially on the financial institutions, in order to justify imposing a world-wide mandate requiring all users of the Web to identify themselves, controlling whether any one access anything on the Web, post anything on the Web, or do any financial transaction. As they would also be replacing existing currencies with Central Bank digital currencies, this would move all monetary transactions under their control. For example, websites such as Project Avalon would be brought under the thumb of the tyrants.

    This would open the flood gates to mass surveillance, and global tyrannical "social-credit" like control of all humans (except a few elite criminals, no doubt). If you insulted your country's leader, you might be unable to buy a loaf of bread or a bus ticket.

    Here's the post:
    Ending Anonymity: Why The WEF’s Partnership Against Cybercrime Threatens The Future Of Privacy -- Post #435.
    If the elite evil bastards pull this one off, it would utterly dwarf the tyrannical fallout of something like the Patriot Act that was pushed through the U.S. Congress shortly after 9/11.

    This could lock humanity into a global tyranny that would make Hitler, Stalin, Mao and Pol Pot jealous beyond limit.

    Please, read what you can of the above post. Please resist this, however you can. This starts with being aware of the threat, before it happens. Please, scream "Foul!" at the top of your lungs if this goes down as it appears it could.

    This would dwarf the damage done to our civilization by the covid scamdemic. It might even be that covid was one of the setup operations, to weaken our social interactions, our economies and our monetary system, in order to setup such Global Monetary and Internet Collapse and Reset, that could enslave humanity in perpetuity.

    Humanity's personal freedoms of communication and economic activity must be strengthened, not obliterated. The Money Masters must never have such power over us.
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    Default Re: The Money Masters; Crises of war, plague and hunger; Total central real-time control of all money.

    .
    Richard D Hall, of Richplanet.net has a much more approachable presentation, albeit with far less detail than Whitney Webb (previous post above), of what the Globalists apparently have in mind, for their Grand Monetary Reset, as they convert the world from a system centered on the US Dollar, to a system based on Central Bank Digital Currencies:

    Link to his web page for this presentation:
    https://www.richplanet.net/richp_gen...&part=2&gen=99
    The video of his presentation:


    Here is Richard D Hall's summary of this presentation:
    Quote A hidden, unelected global government now has all of the world's visible governments held firmly in a financial headlock. The purpose of the headlock is to bring the world to its knees, so we will have no choice but to accept a global financial solution which may be offered some time in 2021.

    The solution is the introduction of Central Bank Digital Currencies utilising 'smart' money. Smart enough to decide for you what it will be spent on. Artificial 'intelligence' algorithms will be built into your money. However, the algorithms will not be intelligent as claimed, because they will be programmed to believe many falsehoods, such as; climate change is what the government claims it to be. The algorithms will be programmed to believe that the Covid-19 scam is what the government claims it to be. The algorithms will be programmed to believe what the government says about terrorism, and believe what the government says about many other manufactured crises.

    Totalitarian politics will be built into the 'intelligence' of your own money. Every time you buy anything, you will be propping up and financing the political ideals of a tyrannical global dictatorship. Welcome to the new monetary system.
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    Default Re: The Money Masters; Crises of war, plague and hunger; Total central real-time control of all money.

    .
    A key for me will be how the monetary system transitions.

    Either (1) the evil bastards remain in control, and we go to a digitized variant of their debt-money system, or (2) the evil bastards, the money masters, the Babylonian/Phoenician/Venetian/Vatican/Draconian/Satanists go to hell (or wherever is their destiny) and we go to a community based sharing of our common resources, energies, abilities and technologies.

    Eric Raymond (open source software hacker par excellence) called these two paradigms The Cathedral and the Bazaar (pdf).

    Linux and variants has overwhelmed Microsoft, from mobiles to the network's backbone routers to super computers. Thus I know and lived through the Bazaar model overwhelming the Cathedral model.

    Debt issued and backed money, and the associated Law of the Sea (of the Phoenicians) and its control of our governments, courts and major corporations, are hallmarks of the "Cathedral" model.

    There is now a considerable tug of war going for control of the "money of the Internet", cryptocurrencies, between the existing financial powers following the Cathedral model, and the rebels following the Bazaar model.

    My modest energies and resources are with the rebels.

    Most financial commentators I check out are stuck in the debt-money model, and are seeing the current financial/monetary crisis as a replay of the 1970's, when the U.S. ran out of gold to "back" its Dollar and switched to "petro" (and, covertly, drugs, fraud, violence, propaganda, and human trafficking) to "back" its Dollar.

    These commentators try to calculate what sort of "new backing" is needed (for what is implicitly debt-issued, debt backed, money) and how much and in what way and how much current excessive debt loads, world wide, private, corporate and government, must be defaulted on, whether via inflating the unit of debt repayment (Dollars and sibling central bank currencies) or by canceling the repayments.

    This is not the 1970's revisited that we live in. This is the fall of the Babylonian/Phoenician/Venetian/Vatican/Draconian/Satanists, after their 6000+ year reign over humanity.
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    Default Re: The Money Masters; Crises of war, plague and hunger; Total central real-time control of all money.

    .
    Quote Posted by ThePythonicCow (here)
    This is not the 1970's revisited that we live in. This is the fall of the Babylonian/Phoenician/Venetian/Vatican/Draconian/Satanists, after their 6000+ year reign over humanity.
    That phrase, their 6000+ year reign, might be wrong, big time.

    As I wrote over on here, in Post #44 of one of Avalon's Anatoly Fomenko threads just now, perhaps they
    Quote only came to dominance, first in Europe and then expanding its dominance over much of the world, only over the last 500 or so years, rewriting the great Tartarian Empire out of the history books, especially early in their European rise, and pushing other power centers back in ancient history.
    The downfall at this time of the Money Masters of "Western Civilization" seems more possible, in the light of such a history as Fomenko presents. Human civilization has risen to great heights before, and may soon again, outside of their dominance.
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    Default Re: The Money Masters; Crises of war, plague and hunger; Total central real-time control of all money.

    .
    If the "white hats" don't lower the boom soon, then I would expect that Sorcha Faal, in her latest piece at https://www.whatdoesitmean.com/index3725.htm, is right in warning that Biden will make Saule Omarova, a dyed in the wool Marxist/Socialist, the Comptroller of the Currency, in a recess appointment this December 2021, while Congress is in its annual recess.

    Omarova would nationalize all American bank accounts, turning them into Federal Reserve accounts using a Central Bank Digital Currency (CBDC).
    In her repeatedly revised paper "The People’s Ledger: How to Democratize Money and Finance the Economy", last revised ten days ago, October 15, Saule T. Omarova writes:

    === ===
    Abstract

    The COVID-19 crisis underscored the urgency of digitizing sovereign money and ensuring universal access to banking services. It pushed two related ideas—the issuance of central bank digital currency and the provision of retail deposit accounts by central banks—to the forefront of the public policy debate. To date, however, the debate has not produced a coherent vision of how democratizing access to central bank money would—and should—transform and democratize the entire financial system. This lack of a systemic perspective obscures the enormity of the challenge and dilutes our ability to tackle it.

    This Article takes up that challenge. It offers a blueprint for a comprehensive restructuring of the central bank balance sheet as the basis for redesigning the core architecture of modern finance. Focusing on the U.S. Federal Reserve System (the Fed), the Article outlines a series of structural reforms that would radically redefine the role of a central bank as the ultimate public platform for generating, modulating, and allocating financial resources in a democratic economy—the People’s Ledger.

    On the liability side of the ledger, the Article envisions the complete migration of demand deposit accounts to the Fed’s balance sheet and explores the full range of new, more direct and flexible, monetary policy tools enabled by this shift. On the asset side, it advocates a comprehensive qualitative restructuring of the Fed’s investment portfolio, which would maximize its capacity to channel credit to productive uses in the nation’s economy.
    === ===

    We're doing a pretty good job of getting people, around the world, to realize that their government, their news and social media, their medical and pharmaceutical institutions, their energy, their transportation and infrastructure, their police and military, and their academic/scientific institutions, are seriously f**ked up.

    That's Step 1 of any 12 step recovery program - honestly admit you're addicted to a harmful substance.

    I've long been saying, though sometimes with tenuous connection to the daily events in our lives, that we have to reform our debt-money system, or else reforms of all the other institutions listed above would be a short term palliative.

    He who controls the money can just buy it all back.

    As Nathan Mayer Rothschild wrote in 1815:

    Quote I care not what puppet is placed upon the throne of England to rule the Empire on which the sun never sets. The man who controls the British money supply controls the British Empire, and I control the British money supply.
    The unfolding events I relate above, of the potential recess appointment of Saule T. Omarova to the Office of the Comptroller of the Currency, while the U.S. Congress is in recess this December, 2021, along with a global collapse of financial markets, perhaps triggered by both a U.S. Stock market crash (that the Federal Reserve could trigger any time it wants, just by raising the yield on the Ten Year Treasury a few hundred basis points) and a real estate market crash (perhaps growing out of the Evergrande crisis in China's way, way overblown real estate market), followed up by Saule T. Omarova and the Federal Reserve instituting her Marxist wet dreams, could all go a long way to convincing the man on the street (oops - I shouldn't use sexist terms like "man", and it's not clear when and if we're allowed to walk outside on the street during this pandemic - but I digress again) that the financial and fundamental monetary system is really f**ked up. A (further) collapse of critical portions of the economy, such as jobs, food, petro and electricity, would help drive this point home.

    In short, we humans need to replace our many centuries old debt-money system, which hands the keys to the kingdom to those who issue the debt. To do this, we need to realize that the debt-money system is evil. Then we can, like Jesus in his day, kick the money changers/lenders out of the temple.

    The open question:
    Will we be replacing our crack cocaine addiction with a medically prescribed methadone addiction (same drug, different dealer), or will we be replacing it with a healthy life style and energetic organic food?
    Or, speaking more directly, rather than in metaphor:
    Will we be replacing our debt-money system with a healthier monetary system?
    As my Christian friends like to say: In the end, God wins.

    Part of me is hoping that Saule Omarova, a dyed in the wool Marxist/Socialist, does become the Comptroller of the Currency, in a recess appointment this December 2021.

    This could be the sniper's bullet that takes out the keystone of the power structure that the Evil Elite Bastards have been erecting over humanity these last so many centuries. This could be the "jab" that results in humanity recognizing the evils of, and then dismantling, the Elite's debt-money system.

    It is time for the debt-money system of the Money Masters to be discarded in the trash bin of history.
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    Default Re: The Money Masters; Crises of war, plague and hunger; Total central real-time control of all money.

    .
    Here's a compellingly real interview with a Money Manager for the Money Masters, Kevin O'Leary, who apparently also stars on some ABC financial reality show called "Shark Tank".

    Kevin O'Leary apparently invests many hundreds of billions of dollars, for major investors who require regulatory compliance, which has made it difficult for him to invest in crypto. However the potential returns on crypto are compelling for him, so he been pushing his compliance officer and auditors to accept some crypto investments.

    The Big Money is dominated by Black Rock, which is run by Larry Fink. As noted in some other, very recent, articles, such as for example Consumers’ Research: BlackRock and the Chinese Communist Party, BlackRock is dominated by the CCP, and Black Rock has been imposing "ESG" (Environment, Social and Government) requirements on all the companies that it invests in. BlackRock is the elephant in the room when it comes to investing in large corporations, so if Larry Fink requires it, big corporations comply - period.

    So if the CCP money that dominates BlackRock requires BlackRock to push an agenda, BlackRock does so, and hence most major corporations do so.

    "ESG" is highly compatible with the agenda I see pushed by Social Justice Warriors and Global Warming Climate Change alarmists. "Guy" over at the "Coin Bureau" explains "ESG" quite well, including why it creates a serious problem for independent crypto currencies and investors, who don't want to be under the thumb of Big Money, Big Brother, regulation, government and central bank money. See here for Guy's explanation of ESG: Bitcoin’s MASSIVE Risk!! Why ESG Threatens BTC!!

    So:
    1. The Money Masters gained control of China.
    2. China went to the top of the industrial production heap in recent decades, with trillions of dollars of profit to invest.
    3. China funds the biggest Western investment firm, Black Rock.
    4. China pushed Black Rock, who then pushed major Corporations, to adopt "ESG" policies.
    5. These policies have weakened Western industry, energy corporations, and economy.
    6. Score another win for the Money Masters, as we enter the biggest "reset" in history.
    So, if I haven't lost you after that convoluted introduction, here is Kevin O'Leary's interview. It provides, unwittingly in my view, an inside look into the thinking of an articulate, well funded, insider in the midst of this Big Money Game:
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  33. Link to Post #97
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    Default Re: The Money Masters; Crises of war, plague and hunger; Total central real-time control of all money.

    Quote Posted by ThePythonicCow (here)
    .
    Richard D Hall, of Richplanet.net has a much more approachable presentation, albeit with far less detail than Whitney Webb (previous post above), of what the Globalists apparently have in mind, for their Grand Monetary Reset, as they convert the world from a system centered on the US Dollar, to a system based on Central Bank Digital Currencies:

    Link to his web page for this presentation:
    https://www.richplanet.net/richp_gen...&part=2&gen=99
    Here is Richard D Hall's summary of this presentation:
    Quote A hidden, unelected global government now has all of the world's visible governments held firmly in a financial headlock. The purpose of the headlock is to bring the world to its knees, so we will have no choice but to accept a global financial solution which may be offered some time in 2021.

    The solution is the introduction of Central Bank Digital Currencies utilising 'smart' money. Smart enough to decide for you what it will be spent on. Artificial 'intelligence' algorithms will be built into your money. However, the algorithms will not be intelligent as claimed, because they will be programmed to believe many falsehoods, such as; climate change is what the government claims it to be. The algorithms will be programmed to believe that the Covid-19 scam is what the government claims it to be. The algorithms will be programmed to believe what the government says about terrorism, and believe what the government says about many other manufactured crises.

    Totalitarian politics will be built into the 'intelligence' of your own money. Every time you buy anything, you will be propping up and financing the political ideals of a tyrannical global dictatorship. Welcome to the new monetary system.
    === ===

    A few weeks ago, happyuk posted another presentation by Richard D Hall over on the COVID thread that presents these same conclusions in a clear and compelling manner

    Here is what happyuk posted:
    Quote Posted by happyuk (here)
    New presentation from Richard D. Hall discussion the real motive behind the lockdowns and restrictions:

    Quote Was the prime short term motive for the Scamdemic (fake pandemic) a fiscal measure, to do with the restructuring of the global economy? In part two I present the findings of two separate scientific groups that have analysed the contents of COVID-19 vaccines and found what looks like nano technology. Can anyone help with further analysis of these damaging vaccines?
    https://www.richplanet.net/richp_gen...&part=1&gen=99

    As with many of these so-called "measures" they invariably negatively impact the pillars of society without touching the parasites.
    The first 12 minutes 35 seconds of this video, reposted below, that happyuk posted earlier are a must watch, in my view.

    Hall repeats, with passion, his insight that the Pandemic was staged to slow the real economy, the one that provides the goods and services we use, in order to setup a global economic decline, which would (will, soon) lead to a global financial and monetary collapse. The Banksters then intend to introduce a new world monetary system using Central Bank Digital Currencies (CBDC's), that will then digitize and enable surveillance and control of all our monetary activity.

    I entirely agree with Richard D Hall that such a global financial collapse will happen, likely in 2022. The global economy is already wounded and falling, from the Covid lockdown measures and global supply chain disruptions.

    What remains to be seen is what monetary system is then introduced, to replace the failed US Dollar as the global reserve currency..

    I also entirely agree with Richard D Hall that, if the Central Bankers succeed in this plan, that the central bank controlled digital currencies that they introduce will be the end of human freedom.

    Here is that video. Do listen to at least the first 12 minutes, 35 seconds of it.

    Last edited by ThePythonicCow; 4th November 2021 at 08:52.
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    Default Re: The Money Masters; Crises of war, plague and hunger; Total central real-time control of all money.

    Here is a transcript of the first 12 minutes, 35 seconds, of the above video from Richard D Hall, for those who prefer to read (and for the record, if and when the above video disappears from the Web):

    === ===

    Welcome to RichPlanet TV. I'm Richard D Hall. A few months back, I interviewed Iain Davis and we discussed what is the likely short term reason why the COVID scam was concocted.

    It was concocted to provide and execute, to slow down global economic activity by enforcing lockdowns and then pump money concocted out of thin air into the economy, mostly into the financial markets via furlough payments and business support packages.

    It was necessary to slow the real economy down in preparation for the coming financial collapse. Most of the new money could then be sucked past the real economy and into the financial markets. These two global fiscal measures, lockdown and furlough, were implemented in order to prevent the global financial markets from collapsing or imploding, which would have triggered an unprecedented global recession.

    In 2019, they said they wanted to delay an inevitable global financial crash in order to give themselves more time to give themselves more time in order to devise a new global international monetary and financial system.

    The so called pandemic had nothing whatsoever to do with health. It was among other things an economic delaying tactic.

    This graph shows the last two global recessions, and though it is for the U.S.A., the trends are common throughout the world. The brown line is GDP Index, which represents how much useful work has been done in the economy by either the total amount of goods and services produced. The blue line represents household Net Worth, or how much people have been rewarded for that work.

    So when the blue line exceeds the brown line, it means that the population is living beyond its means and a crash or recession is inevitable so that payback can occur as we see happened in 2003 and 2008, marked by the grey shaded areas. In 2018 we can see on the graph we are living well beyond our means.

    So, I have speculated in the next graph what could have happened if COVID fiscal measures of lockdown and furlough had not been introduced in 2020. We could have had a financial collapse or a recession on a massive scale. However, this didn't actually happen

    Let's see what did happen.

    We see that GDP spiked negatively due to lockdown measures, but the net worth increased due to furlough payments. The financial collapse was averted, but now we see that the lines are even further apart, which means that the crash that is coming is going to be even bigger than what it would have been. "They've kicked the can furher down the road," I heard one commentator say.

    Something that I learned from Iain Davis is just how huge and important the financial markets are to the real economy. By "real economy", I mean the economy that actually produces goods and services that we use in our daily lives.

    But you see, there is another part of the economy which has really nothing to do with the work and labor involved in providing goods and services. It's called the financial market.

    Just as you might go to the food market to buy food, an investor goes to the financial market to buy things to do with finance, currency, shares, commodities, bonds, derivatives, futures, etc, etc. The vast majority of the public don't directly take part in these markets and much of the financial market activity is not necessarily needed in order for people to provide themselves with goods and services.

    But the problem is that the global financial markets in terms of their financial size are several times greater than the real economy. These markets are full of billionaires who don't do any real work and live off the sweat and toil of work in the real economy.

    The financial markets are to an extent a leach which the real economy is connected to, which means that if the financial markets crash, the real economy will crash.

    So the fiscal measures introduced during lockdown slowed down the real economy while injecting cash to prop up the precarious financial markets which postponed an inevitable global financial collapse.

    I asked Iain Davis about the increase in inflation and whether he thinks that this could be the start of a major global financial collapse.

    He said:

    Quote For the Global Public Private Partnership (GPPP) the financial markets are a source of power, via wealth and debt, but also a mechanism of control for what you and I might call the "real economy." Let's just call it the economy.

    Our economy is reliant upon credit. Businesses must have access to it and everything else stems from business activity. Employment, consequently tax revenue, investment in public services, the whole shebang. Even employment in public services is dependent upon private activity (business) and all of this is dependent upon the flow of finance.

    As we go up the debt chain, the sums get progressively larger with each corporation and investor being both richer and exposed to more financial risk. So, if at the top of this debt moutain big players start to default (Evergrande for example) there is a cascading, domino effect that progressively shuts down credit lines with each investor trying to limit there haircut, until the whole system grinds to a halt: Economic collapse which effects the proles but not the parasite class whose relative share of wealth always increases during such processes.

    That process began in 2019 with the repo market collapsed. They were not ready to roll out Central Bank Digital Currencies (CBDC's), which is clearly the objective alongside seizing the "global commons" (all of Earth's resources), or to restructure the International Monetary Financial System (IMFS) which they acknowledged was already dead. Whether the collapse of the Repo Market was deliberate or not is hard to say, but it certainly set the ball rolling. Going direct could then go into full flow with the "pandemic" and the transformation could begin.

    CBDC is probably going to be a form of fiat currency but let's call the money we use everyday "fiat currency" just to make the distinction. What is clear is that the money as we currently understand it (fiat currency) is not in their game plan. Hence the quantitative eashign (QE) to keep the economy afloat while they got their ducks lined up. The economy was given subsistence money while the vast bulk of it was funnelled into the markets to protect their ponzi scheme and enrich themselves further. Hence the huge increase in billionaire wealth.

    They don't quite have CBDC lined up yet, but are rapidly moving towards it. They don't care about the economy in its current form or fiat currency. It was always a means to an end but now the end is the means.

    If they hadn't pumped out vast Quantitative Easing (QE) there would have been major civil unrest, we would probably be in a global civil war (or at least in the western democracies) right now. As a result of QE we get mass inflationary pressure and a global Cantillon effect (rampant inflation temporarilly staved off by furlough and business support packages etc combined with artificially suppressed interest rates.)

    Now all that is coming to an end. As Carne said at Jackson Hole "the centre cannot hold."

    Again the pandemic comes to the rescue. Now the inflation and disruption to supply chains are due to the "pandemic" not the efforts of the Bank of International Settlements (BIS) and Blackrock to save their economic power and authority. As Small to Medium Enterprises (SME's) collapse and unemployment soars it can all be blamed upon the "pandemic."

    If we look at the proposed design for CBDC it is clear they want total control over every transaction (programmable money - technocracy - social credit) but have no intention of letting go of usury. They propose two forms of CBDC. Wholesale (base money) and retail (broad money.) So they are intent upon maintaining that aspect of their monetary control too.

    The collapse is coming. That is inevitable. In fact is it necessary to finalise their transformation. The key is interest rates. While they are forced low and the QE continues, the situation will detiorate more gradually. But I suggest when they let go of the base rate that will be the signal that they are ready and a global economic collapse is set. It will be swift. I think it will be next year or 2023.
    Thank-you, Iain Davis.

    The new monetary system that they are going to introduce, to replace the existing system, if it's done the way they want it, mark my words, will bring about the end of human freedom.

    I repeat. The new monetary system that they are going to introduce to replace the existing system, if it's done the way they want, will bring about the end of human freedom.

    Programmable money might sound like a cool new innovation. No, it isn't, cause who do you think is going to be designing the program for the programmable money?

    Who? Answer me. Who's going to design the program? Not you! Not even your government! It will be designed by the greediest richest people on the planet, the central bankers.

    The greediest unelected **** bags are going to be able to control every aspect of your money, well, their money, because it won't actually be your money. Their computer program, which will effectively be an integral part of your money will control, in real time, how much you can spend, what you can spend it on, where you can spend it, when you can spend it, and how much you can or can't have.

    All forms of programmable money must be rejected. It will bring about the end of human freedom. We must inform everyone how dangerous this move is. When they launch it, it's going to seem great. Initially they will make it better than cash. They will reward you for using it, so that cash seems inferior. But they will only be doing this to encourage people to stop using cash, so they can easily remove all of the cash from the economy, which is planned to happen around 2025.

    Once all the cash is gone, that's when the computer program within your money will change. That's when the ever increasing loss of freedom using programmable money will start, once the cash is gone.

    Programmable money is a dictator's dream. It's only beneficial to whoever is writing the computer program and that is not going to be you!
    Last edited by ThePythonicCow; 4th November 2021 at 16:58.
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    Default Re: The Money Masters; Crises of war, plague and hunger; Total central real-time control of all money.

    I disagree with one part of Richard D Hall's above analysis.

    He sees no option to who might be writing the programs behind our future digital currencies.

    I see two forms of digital money - the free and open cryptocurrencies such as are rapidly growing now, which allow direct transactions between any two parties, without any central bank to surveil or control them, and central bank digital currencies (CBDC's) which run on and are controlled by central banks and if they can become the dominant player, allow enslaving humanity by surveilling and controlling every monetary transaction.

    I expect that the winner of the War we are now engaged in, between humanity and the Evil Elite Bastards, will determine which form of digital money prevails. I am hopeful, but it can be difficult to win a war against such a powerful and entrenched enemy (enemy of human freedom) if humanity doesn't even know they are at war.

    P.S. -- I just noticed that this video of Richard D Hall is right on topic for this thread, as you can see from this thread's title "The Money Masters; Crises of war, plague and hunger; Total central real-time control of all money." Richard D Hall, his guest Iain Davis, and myself have come to similar conclusions, and a similar warning.
    Last edited by ThePythonicCow; 4th November 2021 at 16:58.
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    Default Re: The Money Masters; Crises of war, plague and hunger; Total central real-time control of all money.

    Quote Posted by ThePythonicCow (here)
    I expect that the winner of the War we are now engaged in, between humanity and the Evil Elite Bastards, will determine which form of digital money prevails. I am hopeful, but it can be difficult to win a war against such a powerful and entrenched enemy (enemy of human freedom) if humanity doesn't even know they are at war.
    But will these details matter soon, if the earth's crust shifts some 90 degrees, flooding most of the land of the earth, as we're discussing over at REALiTY CHeCK with Jay Weidner?

    The anticipation of such a devastation happening soon, say in the next few years or decades, might explain why the Elite of the world are in such a hurry.
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