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PaPa's avatar

Great insight - thanks. The following is from a post on X yesterday. So insightful. I then copied it and began a chat with AlterAI. A very interesting chat - recommend it.

Handre@Handre Sep 2

The First World War did not erupt. Governments built it, financed it, and kept it running long past the point where any rational army would have quit the field.

Franz Ferdinand's assassination in Sarajevo on June 28, 1914, gave chancelleries and foreign ministries the pretext they needed. The war itself required something more durable than a pretext. It required central banks.

Every major belligerent suspended the gold standard within weeks of the opening shots. Britain suspended convertibility in August 1914. Germany, France, and Austria-Hungary followed. This mattered enormously. Under a true gold standard, you cannot fund a four-year industrial slaughter. Governments run out of money and populations refuse further sacrifice. The war ends. Instead, central banks printed currency to buy government bonds, transferring the cost of the war to ordinary wage earners through inflation, a tax nobody voted for and most never identified as a tax.

Ludwig von Mises watched this from Vienna and identified the mechanism precisely: inflation allows states to conscript private purchasing power without explicit confiscation. Every loaf of bread that cost more in 1917 than in 1913 represented a transfer from the buyer to the war machine.

The death toll reached approximately 20 million people. The fiscal cost exceeded $200 billion in 1914 dollars. Neither number was achievable under honest money. Politicians and generals sustained the catastrophe because central banking made it financially possible to keep going. Remove the printing press and the trenches empty themselves inside three months.

Sound money is a hard constraint on state violence. States hate hard constraints.

Joanna Martin's avatar

Yes, indeed. In the US Constitution, money is to be based on gold & silver. But there's a limited amount of gold & silver. It would have been impossible for the US government to build the socialist regulatory welfare state if they were limited to gold & silver - there wasn't enough of that to fund the spending needed to fund the welfare state.

So in 1913, the Federal Reserve Act was passed which granted to a secret banking cartel monopoly power to create fiat "money" out of thin air which it then lent to the US federal gov't to fund the socialist regulatory welfare state and World War I.

The fiat "money" is paid back by taxes on Citizens and inflation.

And wealth is transferred to the banking cartel which then uses the money to buy politicians. Almost every member of the US Congress and the Trump Administration is bought and paid for. They don't represent Americans - they represent the interests of those who fund them.

If I were in a position to fix this, first thing I would do is to repudiate all of the "debt" owed to the banking cartel. Pay the Citizens and others who bought US Treasury bonds in good faith, and repudiate the rest. We cannot regain Liberty and Prosperity until this is done.

Paul Vonharnish's avatar

Excellent commentary by Handre@Handre. I've followed the dispositions of Bank(s) of England and other bond/banker charades for decades. None of these methods would be possible in systems that BANNED corporate agency. No one notices the elephant in the elevator...

Berlin2000's avatar

David Stockman wrote a brilliant essay on how the first world war began via pure manipulation. I think it might be here on Sub.

Lynn's avatar

Thank you for this analysis and association between the cartel and the people. I watched an interview with Barbara Loe Fisher a few years ago. She said The 1986 Act passed and was signed into law by Reagan. Then within a few days, the pharma cartel came to Reagan and asked for liability protection (not in the original bill passed by Congress). That liability protection was added as an amendment. I know many vaccine-injured people. Most do not know they are injured by vaccines. Tourette's, epilepsy, diabetes, allergies, scoliosis, so-called auto-immune, and more. It is heartbreaking. An excellent article. Thank you again.

David Kukkee's avatar

This article was extraordinary in merit. It is helpful, and should be taught in public schools everywhere.

CD's avatar

You can bet it won't be.

aamejo@gmail.com's avatar

Even with the explanation for a six-year-old, this is still difficult for my mind to comprehend. Do you think you could explain it in pictures or graphs. I don’t understand how you can print money from nothing.

PaPa's avatar

Understandable. Take a $20.00 bill. At the top: "Federal Reserve Note." Then look for: "THIS NOTE IS LEGAL TENDER FOR ALL DEBTS PUBLIC AND PRIVATE."

If the bill were legally required to tell the truth, it would read:

FEDERAL RESERVE NOTE

This piece of paper is backed by nothing except the government's ability to tax your labor in these same pieces of paper. Its value derives solely from the collective delusion that others will accept it tomorrow at roughly the same purchasing power as today — a delusion we are actively undermining by printing more of these. By accepting this note, you agree to participate in a silent, continuous wealth transfer from your savings to the banking system. This note is legal tender for all debts, which means you have no choice.

In God We Trust (because you sure shouldn't trust us).

Source is AlterAI (highly recommended). This was part of a much larger Chat.

Sandy K's avatar

https://dn790003.ca.archive.org/0/items/pdfy--Pori1NL6fKm2SnY/The%20Creature%20From%20Jekyll%20Island.pdf

The Creature from Jekyll Island by G. Edward Griffin will explain how the whole thing was done.

Joanna Martin's avatar

But that's exactly what happens: Powerful people induce politicians to set up a banking system where "money" is created out of nothing - and others must pay interest to be allowed to use it. Perhaps this will help: https://publiushuldah.wordpress.com/2019/10/06/so-you-think-trump-wants-to-get-rid-of-the-fed/ I show how this system was set up in the USA.

Vedran's avatar

Money as Debt is a great animated documentary explaining it: https://www.youtube.com/watch?v=2nBPN-MKefA

Berlin2000's avatar

Is this why Revelation 18:11 says "and the merchants of the earth will weep and mourn over her, because no one buys their cargoes anymore..."?

Paul Vonharnish's avatar

Early entries in the article are the most concise expose' of mercantile banking practice I've read in years. The Bank of England has remained in control of asset valuations and associated bond markets since inception. The world's entire "value" system is based on ponzi tactics, yet no one offers remedy. Even though it's fiction, Lemming suicides come to mind...

Big Mike's avatar

"Venice by 1300 had already assembled every element that would later be exported to Amsterdam and London. It had a merchant class that had captured the state. It had a doge who functioned as figurehead, chosen for life but hemmed in on every side by councils and offices designed to prevent independent rule.”

I wonder if Elon Musk’s DOGE could be seen as a Venetian archetype of some kind? Revenge of the Doge!

Diane Manos's avatar

I have read both The Creature From Jekyll Island and The Real Anthony Fauci. Both highly recommended.

As a Grandmother of two "allegedly" autistic twin grandsons, now 13, I have watched them enter the Spectrum System. By the time they were three I noticed a whole lot of specialties were getting involved: doctors, counselors, tutors, special autism schools, etc.. I also started reading various rationales for the increase in autism, ending in no resolution. I then read Dr. Toby Rogers doctoral thesis, and it confirmed my thoughts: you won't find what you don't look for; and there's a lot of money with guaranteed return, just like the Childhood Vaccine Schedule.

Atlandea's avatar

what bothers me is how it is all so normalized that most people do not connect the dots back to vaccines. and of course that is by design as well.

John Roberts's avatar

Just like a gambling house.

They built it, we played thinking we were winning, when in reality we were losing and now we have lost it all and we are paying the price with the little winnings we have left !!!

Barbara Charis's avatar

So. the question is, How do we Break the Bank and its hold on the people? it looks like the massive debt in our country will cause radical changes very shortly. A necessary change, which needs to be done immediately, RESCIND The National Childhood Vaccine Injury Act of 1986 ...and hold all connected to promoting deadly vaccines accountable..and on trial for murder.

Ernie Rockwell's avatar

Great analogy. I was more familiar with the vaccine model than the mercantile model but you made the case convincingly.

Atlandea's avatar

soooo depressing

Greg Eldefonso's avatar

I need your email address to gift you.

Greg Eldefonso's avatar

That's what I entered.

Copied and pasted from your email and I got a please enter valid email address three times.

I will do it again.

Unbekoming's avatar

please DM me, I don't understand what you are trying to do

CK_'s avatar

Toby Rogers has repeatedly pointed out that vax-injury is "good" for the economy because it increases medical spending which increases the GDP (Gross domestic product)- and GPD "growth" is the current metric of economic "growth".