Wednesday, December 5, 2012

Unmasking the Thief (the fradulent nature of modern central banking)


Let us consider this thesis: Centrals Banks own us and our ignorance is their cheese for the rats.
Deceit by the deceiver and ignorance of the deceived is always an excellent and deadly mix – excellent for those who have know hows and deadly for those who are fooled. Unfortunately, we are all amazed, though none in his sane mind would ever accept being one of the fools (since it requires a peculiar encounter and honesty to recognize oneself as one of the fooled), majority of the population are so.

One economist said that the creation of money is so simple that in its very simplicity, paradoxically, lies the very reason why the mind deferred the understanding of it. Men unknowingly created web of tangled principles about it and at the same time developed strict adherence to these principles and from time to time slowly forgot the very basic principles that governs all about money. What is it that we need to know about money then? Is it not enough we are able to acquire money then save it or spend it?

Every time the prices of goods increase, majority of the population hurts. If the prices of good jumps 10% it means that the price of your money, which is the purchasing power, is reduced by same extent. Saving on a bank account or investing on a profitable business is encouraged by the incentive that you will get the principal back plus the interest or profit it makes. However with inflation or prices soaring up, when the time of profit taking comes, though your money seemingly increased in amount, its value is substantially less than when it was first invested. Its purchasing power simply declined over time. That is the mess we all need to recognize. Failing to do so will further add up to the mess created against our well beings. How did it come about is a very much less understood phenomenon. People like to ask but not persistent enough to really seek and at least understand the cause of the problem.

Unmasking the thief means knowing the truth how money is created, who creates it, why there is inflation (and deflation), how does it affect every level of society (the lower and middle and the elite).
We must understand the nature of money. Forget once and for all religious myths demonizing money, ergo money is the root of all evil. Money is firmly a lifeless object or representation of something subjected to our own and varying perceptions.  How then MONEY came into being?