It's all about money. Allow private Banks to create and control the money supply and they have ultimate power. Power they are using to create a global Totalitarian state. You need to end private money creation, only sovereign debt-free currency.
It's all about money. Allow private Banks to create and control the money supply and they have ultimate power. Power they are using to create a global Totalitarian state. You need to end private money creation, only sovereign debt-free currency.
Agreed — the Fed needs to go. But how does this happen when we can’t get enough politicians with the spine to get it done? Let’s see what happens with the debt ceiling and spending going forward. If the house can put their foot on the brake (shut down the government if need be), we might have a hope. But if they cave again, a CBDC will be seconds away — I’m sure the Fed is ready to go. And once we have a CBDC, we will not recover
Very true. You could indeed have real smart math people write an algorithm that determines the EXACTLY optimal money supply and limit money creation to that. Beyond the entire quantity of money a very big factor in economic growth and prosperity is where new money is injected. If it is injected to improve wokeness in the military, that money goes down the sewer, creates demand without increasing productivity, in fact reduces productivity, which of course leads to more inflation. If that newly created money is injected into hard infrastructure and technical/business skills/education, that can reap big rewards in economic strength. Also into new technology. And expanding things like mineral production, steel making, electronics production. Also money created and injected into the poorer half of the population who will spend most of it on local goods and services rather than save it or invest it overseas.
I could imagine making a large A.I. that would figure out how to optimize that and manage all money creation. Far better than having corrupt banksters decide where new money should be injected. They really like inflating real estate prices more than anything. Or buying politicians.
I'd much rather give it to the government or to public banks (i.e. state owned banks) than to giant global corporations who are ultimately controlled by Psychopath Malthusian creeps who really do hate us and want us all put on a leash.
There is an idea for a currency that is directly tied to goods & services, which is the ideal currency:
#6 How to create Producer Credits, Kristen Ragusin:
You are using circular logic. Because Private Banks stole the sovereign, right to money creation they could then buy our government which now is mostly corrupted and just a tool of big money, Private Banks being the biggest of the big money. So now our representative government is acting in the interests of Big Money, not us. Break the circle. Other than that you have to have a whole new system of governance which is scarcely even spoken about it, so we are a long way to that.
Maybe. I'm a believer that everything evolves via cycles. You're born, you mature, you die. Perhaps what we have has to die before the cycle can begin again. So at the current point in the cycle, you just can't give .gov control of money and expect it to fix things. Everything is corrupt currently.
No it won't IMMEDIATELY fix the endemic corruption, which will continue. But that can be whittled away at, as it is being done with the past few elections. Otherwise we are on the fast track to a Global neo-feudal or techno-feudal Totalitarian Oligarchy that will be very, very, very difficult to break free of.
It's all about money. Allow private Banks to create and control the money supply and they have ultimate power. Power they are using to create a global Totalitarian state. You need to end private money creation, only sovereign debt-free currency.
Agreed — the Fed needs to go. But how does this happen when we can’t get enough politicians with the spine to get it done? Let’s see what happens with the debt ceiling and spending going forward. If the house can put their foot on the brake (shut down the government if need be), we might have a hope. But if they cave again, a CBDC will be seconds away — I’m sure the Fed is ready to go. And once we have a CBDC, we will not recover
Sure but would you really feel comfortable giving control of money fully over to .gov? I say we get back to the wildcat era!
We could base money creation on population growth, or a fixed percentage of supply, or any of a dozen hard-and-fast rules. (math!)
Basing it on the whims of politicians and bankers only leads to endless printing.
Very true. You could indeed have real smart math people write an algorithm that determines the EXACTLY optimal money supply and limit money creation to that. Beyond the entire quantity of money a very big factor in economic growth and prosperity is where new money is injected. If it is injected to improve wokeness in the military, that money goes down the sewer, creates demand without increasing productivity, in fact reduces productivity, which of course leads to more inflation. If that newly created money is injected into hard infrastructure and technical/business skills/education, that can reap big rewards in economic strength. Also into new technology. And expanding things like mineral production, steel making, electronics production. Also money created and injected into the poorer half of the population who will spend most of it on local goods and services rather than save it or invest it overseas.
I could imagine making a large A.I. that would figure out how to optimize that and manage all money creation. Far better than having corrupt banksters decide where new money should be injected. They really like inflating real estate prices more than anything. Or buying politicians.
I'd much rather give it to the government or to public banks (i.e. state owned banks) than to giant global corporations who are ultimately controlled by Psychopath Malthusian creeps who really do hate us and want us all put on a leash.
There is an idea for a currency that is directly tied to goods & services, which is the ideal currency:
#6 How to create Producer Credits, Kristen Ragusin:
https://www.youtube.com/watch?v=tVVwvTFbdmA
I understand where you're coming from, but isn't the US .gov just another giant global corporation. A feudalism of corporations if you will?
You are using circular logic. Because Private Banks stole the sovereign, right to money creation they could then buy our government which now is mostly corrupted and just a tool of big money, Private Banks being the biggest of the big money. So now our representative government is acting in the interests of Big Money, not us. Break the circle. Other than that you have to have a whole new system of governance which is scarcely even spoken about it, so we are a long way to that.
Maybe. I'm a believer that everything evolves via cycles. You're born, you mature, you die. Perhaps what we have has to die before the cycle can begin again. So at the current point in the cycle, you just can't give .gov control of money and expect it to fix things. Everything is corrupt currently.
No it won't IMMEDIATELY fix the endemic corruption, which will continue. But that can be whittled away at, as it is being done with the past few elections. Otherwise we are on the fast track to a Global neo-feudal or techno-feudal Totalitarian Oligarchy that will be very, very, very difficult to break free of.