The Death of Money: RIP!

It took me 17 years of failing before I finally understood how to create money. When I eventually ‘made it’ I thought the world would open up its treasures to me and my wallet. How wrong can one man be?

In retrospect, I remember talking in my early twenties with what many considered to be a very financially successful individual. I mean this guy was seriously rich. He told me that money wouldn’t solve my problems, but I’d have to become rich before I understood what he meant. Boy, was he right.

He said that he’d told everybody he’d ever met to give up chasing money, and no-one listened. Only those who discovered the truth for themselves, by making loads-o-cash really got it.

When it eventually did arrive, it came in a big rush, like a damn breaking. I went from 17 years of struggling to pay the rent, to virtually overnight financial security, to millionaire status in a handful of years.

The rich guy wasn’t completely correct, money solved a lot of my problems. Trouble is, I just replaced them with others. Having money also brings its own cohort of issues – no one warns you about that! Or maybe they did, but I wouldn’t have listened anyway!

So what’s the point, you may be asking. Why blow my own financial trumpet?

See the thing is, if someone told you that money’s time is over, and it’s time to move on to something different, a non-money paradigm, and you found out that person had never successfully handled the current money paradigm, wouldn’t you be a bit suspicious of their motives? Sour grapes perhaps, or that old adage: “Those who can’t do, teach”!

So if someone comes into your life with oodles of cash, a thriving business, investments, property etc, and tells you it’s all a load of crap, wouldn’t that make you pay more attention?

 

Money as Debt.

First thing to understand, is that money is not a store or representation of value, it is simply a representation of debt. When most people think of money, or the creation of money, they think of government mints, printing out paper notes and coins. That’s the first illusion. Almost all the money currently in our system is brought into existence, or created, out of thin air, by banks, as debt.

These banks are privately owned, the majority of them the property of a small cabal of very rich, very powerful, very influential and very secretive old men. Yeah I know, this sounds like one of those conspiracy theory crackpot ideas. Has David lost it, is he going to start posting articles about Roswell and HAARP next?

Those of you that have done even the slightest bit of research on this subject (and I don’t mean by reading the daily snooooze-papers), will not need confirmation. Those of you that haven’t, I highly recommend starting now, before it’s TOO LATE!

So, back to the article..

All money that is brought into existence by these banks, out of NOTHING, is then loaned to people, corporations and countries, with an additional debt attached which is called interest.

Now imagine this. If these banks create all the money as debt, and interest must be paid on this debt when it is repaid, where does the money come from to pay the interest?

Take some time to try to get your head around that one.

The answer is of course, that more money must be created by the same cabal of banks, as MORE DEBT, to pay the interest on the last round of debt. This is of course a viscious cycle, and the only way to keep the system going is to continue to create more and more and more and more DEBT.

So basically, the world has been going further and further into debt ever since the banksters assumed the job of creating the money. Debt that can never be repaid with money, as there is never enough money in the system to do so.

So when you or I can’t make the repayments, or when the money supply dries up because not enough new debt is being created, the bank gets to take from us whatever asset we used the money to aquire (car, house, land etc).

It’s a neat scam. The banks bring ABSOLUTELY NOTHING of value to the table, yet eventually, they get to own EVERYTHING. Nice work if you can get it, or rather, if you are born into it!

If any of the above, which has been over-simplified for general digestion, is a little confusing or unclear, there are several extremely well put together videos on good old YouTube about the bank’s Ponzi scheme that explain it all in much more detail and far better than I can. Try this one for starters:

 

Where are we headed?

Just like all Ponzi Schemes, our current monetary system is destined for collapse, and pretty soon now.

Through a massive concerted effort by leading bankers and world governments, we managed to delay the inevitable back in 2008 by inflating the global money supply (i.e. printing oodles of cash, or rather, generating oodles of liquidity through electronic money accounts). Most of this money went straight to the banks, much of it ending up in the pockets of the already super rich as senior executive bonuses (how corrupt is that?!).

Once again, the tax payer (YOU) has enabled disgustingly wealthy and unethical old men to become even wealthier. Our children and grandchildren are now expected to carry the can for the mess made by a few greedy and perverted suits. In the USA for example, the national debt carried by each and every American citizen (including children) is approximately $47,000 at time of posting this article.

Even though we were on the brink of financial destruction, the lessons have not been learned, and the same toxic debt instruments and policies that took us to the edge of collapse are still being used, possibly more now than ever. Not one single banker has since been prosecuted, or even taken to court or arrested, for almost destroying the monetary system!

There were politicians and concerned groups who attempted to get regulation in place to prevent the same shit happening, but the bankers who in effect own everything have so far managed to stop anything that would challenge their monopoly from passing into law.

Most westerners I speak to, and non-westerners too, are so invested in the monetary system, they will do almost anything to save it, including allowing themselves and their families to be enslaved by it for generations to come. Most people, particularly those who own computers and hang out on the internet, have come to some kind of status quo with money and the monetary system. The idea of removing or radically changing a system they have come to live with is very scary and therefore bound to be resisted or rejected.

I’ve read many posts referring to the fact that ‘the current system works’ even though it may not be perfect. Well, tell that to the 25,000 children that die EVERY SINGLE DAY from totally preventable hunger, caused NOT by a lack of available food, but by the lack of ACCESS to food, maintained by the monetary system. Tell it to the millions dieing annually from preventable malaria, not because the technology is missing to ‘tame’ mosquito populations, but because the monetary system perpetuates a condition of poverty in specific areas. I’m sure you can think of a hundred other examples.

Many believe our current debt predicament is by design, and whilst it is hard to accept that a global system has been developed in order to create misery, suffering and effective slavery for the majority of the world’s population, the facts speak quite clearly, IMO.

 

What’s Possible?

I have read many comments claiming a Resource Based Economy or other comparable move away from money will result in a decrease in standard of living. This is merely a thought form generated by a mind trained to believe in scarcity. Even though these people cannot see (or choose not to see) that their personal standard of living is already a million miles from those of the majority of the planet, our current technology could easily create a standard of living for EVERY human being way beyond that experienced by even the most affluent of today’s world.

For those that reject radical change – are they selfish, self centered or merely displaying human nature? I don’t think that’s the case, human nature is not originally selfish. Given an environment of abundance, it is natural for humans to share, to come together, to take care of and nurture each other. Only resource scarcity creates the justification for any human to consider their personal needs above those of their brothers and sisters. The monetary system ensures we remain securely locked in this scarcity mentality, gouging the hearts from our neighbours as we fight over the crumbs from the masters’ tables.

So what about the future? Well clearly, the current economic system cannot sustain itself for much longer. Be it a matter of months, or a handful of years, collapse is a given. No system can sustain perpetual expansion, particularly perpetual expansion of debt.

Now, we are already beginning to witness what happens when ‘the people’ get to the point of no return, a breaking point where they say ‘enough is enough we demand freedom to live happy and fulfilled’. Egypt, Tunisia, Morocco ... who’s next? Portugal, Greece, Spain, Italy, the USA? [This article was originally written well before the UK riots, which although not even close to being comparable with Egypt, is still, IMO, a symptom of the monetary system disease.]

At this breaking point, when the system is collapsing, there will be IMO a tipping point. We will either go towards ever tightening control systems of military dictatorship, 1984 style regimes, or we will throw off the shackles of governmental control instituted by the elite, power hungry, deceitful and sub-human old men and move towards a more humane system, most likely a RBE. I look forward to it