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Money and banks based on false belief
The issued money is made out of nothing, it is a counterfeit substitute that should not be called ‘money’ but at most
currency’, as opposed to money made out of labour, minerals or resources through the use of energy.
By bribery of the central banksters, this worthless debt money is made legal tender by law to give it parity with energy money in order to siphon off the valuable energy of the people into the coffers of the elite, which is an unspeakable fraud in the open.
The economy and the financial markets have been falsified by counterfeit money and are based on false public sentiment. Money is supposed to be a symbol of value. The main manipulators on earth are the central bankers. They have a monopoly on the money supply. They can increase or decrease their balance sheet at any time by buying or selling assets, mainly government debt.
The central banksters have roughly quintupled the adjusted monetary base since 2008, while keeping the overnight bank lending rate close to zero.
- The funny money they issue enters the financial system as debt. It is lent out at interest, increasing the amount of ‘liquidity’ but also the amount of ‘debt’.
The whole economy and its financial markets are being faked with fake money. In 1969 the financial industry was still relatively small. Financial assets were still about twice GDP, as they had been for decades. Now they are ten times GDP.
The 21st century was supposed to bring the economy to a level of perfection never before achieved by man. So far, it has been ineffective.
- In nominal dollars, the Dow was at 11,497 on 1 January 2000. In gold, it took 44 ounces to buy the Dow, more than 20 times more than 20 years earlier.
Life was good. But people expected technology to make it even better. Electronic communications, computers and all the bells and whistles of the Internet age were supposed to make almost everything better.
Then, on 11 March 2000, the dot-coms collapsed. And people started asking questions.
There was access to so much more information and entertainment. But what difference does it make? Every new technology is not necessarily an improvement. People got cable and Wi-Fi, along with electronic controls for their heating, air conditioning and security.
But they spent hours “programming” their new gadgets, and many more hours checking their Facebook updates. They switched from talking to each other to talking to Siri and Alexa via messaging. They stopped reading the real news and started reading the fake news online.
Printed ‘money’ is not real wealth
If there is too much money, it can have a strange effect on the economy.
The use of non-monetary stimulus has a significant impact. It is important to note that the ‘stimulus’ has the unintended consequence of suppressing investment and production.
currency’, as opposed to money made out of labour, minerals or resources through the use of energy.
By bribery of the central banksters, this worthless debt money is made legal tender by law to give it parity with energy money in order to siphon off the valuable energy of the people into the coffers of the elite, which is an unspeakable fraud in the open.
The economy and the financial markets have been falsified by counterfeit money and are based on false public sentiment. Money is supposed to be a symbol of value. The main manipulators on earth are the central bankers. They have a monopoly on the money supply. They can increase or decrease their balance sheet at any time by buying or selling assets, mainly government debt.
The central banksters have roughly quintupled the adjusted monetary base since 2008, while keeping the overnight bank lending rate close to zero.
- The funny money they issue enters the financial system as debt. It is lent out at interest, increasing the amount of ‘liquidity’ but also the amount of ‘debt’.
The whole economy and its financial markets are being faked with fake money. In 1969 the financial industry was still relatively small. Financial assets were still about twice GDP, as they had been for decades. Now they are ten times GDP.
The 21st century was supposed to bring the economy to a level of perfection never before achieved by man. So far, it has been ineffective.
- In nominal dollars, the Dow was at 11,497 on 1 January 2000. In gold, it took 44 ounces to buy the Dow, more than 20 times more than 20 years earlier.
Life was good. But people expected technology to make it even better. Electronic communications, computers and all the bells and whistles of the Internet age were supposed to make almost everything better.
Then, on 11 March 2000, the dot-coms collapsed. And people started asking questions.
There was access to so much more information and entertainment. But what difference does it make? Every new technology is not necessarily an improvement. People got cable and Wi-Fi, along with electronic controls for their heating, air conditioning and security.
But they spent hours “programming” their new gadgets, and many more hours checking their Facebook updates. They switched from talking to each other to talking to Siri and Alexa via messaging. They stopped reading the real news and started reading the fake news online.
Printed ‘money’ is not real wealth
If there is too much money, it can have a strange effect on the economy.
The use of non-monetary stimulus has a significant impact. It is important to note that the ‘stimulus’ has the unintended consequence of suppressing investment and production.
Not money, but loans.
Most people don’t have much mony, but almost everyone has credit. With today’s super-low interest rates, people can buy stuff they don’t even need with money they don’t have. That’s why central bankers always tell the world not to expect “normalisation” of interest rates anytime soon.
They know there’ll be hell to pay when people have to pay higher finance costs. Besides, how can the central bank allow interest rates to rise? All governments are hooked on low interest payments on their $20+ trillion in debt.
Based on today’s low rates, the US government will have to pay $880 billion on interest in 2024, against a total expenditure of around $240 billion. That’s 50 times more than the NASA budget and 105 times the FBI budget.
The shadow government, working on behalf of the Rothschild bloodline, controls the global financial system. They’ve got their hands on power by stealing and exploiting people. Their whole system is based on a massive fraud because people don’t actually have any money.
The ‘money’ that’s earned is backed by nothing. Its value is only the value people are tricked into believing it has. These are worthless pieces of paper or figures on a computer screen that people take seriously.
Money is put into circulation by what’s called ‘credit’, which is believed to exist. Banks don’t lend money, but people pay a fortune for it.
From finalwakeupcall.info
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Rose Rambles... 