Friday, October 24, 2025

real currencies werner

https://realcurrencies.wordpress.com/2012/04/13/the-us-empire-is-not-the-money-power https://realcurrencies.wordpress.com/2012/03/07/understand-that-the-banking-system-is-one https://realcurrencies.wordpress.com/2013/02/16/is-china-incorporated-in-the-new-world-order https://realcurrencies.wordpress.com/2009/11/26/on-interest https://realcurrencies.wordpress.com/2012/02/17/how-the-money-power-created-libertarianism-and-austrian-economics https://realcurrencies.wordpress.com/2012/01/25/top-ten-lies-and-mistakes-of-austrian-economics Follow: RSS Twitter Real CurrenciesSupporting People and the Commonwealth and resisting the Money Power by defeating Usury On Interest by Anthony Migchels on November 26, 2009 Most advanced political and economic debate is dominated by the Americans. Through films like Zeitgeist Addendum, the Money Masters and Money as Debt and books like those of Thomas Greco and Ellen Brown. They have been enormously important contributions to the awakening of the many (including myself!) towards the most pressing problem of our time, our monetary ‘system’. The one notable exception is interest. Of course all the aforementioned sources have dealt with interest, but to my mind there has been no really comprehensive and satisfactory analysis of interest in the Anglo Saxon world. In fact, most analysts concentrate on the fact that money is debt. There seems to be some kind of consensus that debt is the heart of the issue. But it is not. The Problem is not Debt, it’s Interest. Interest is one of the few things that is more profoundly understood in Europe, more specifically Germany. Throughout the 20th century interest has been analyzed by some unknown but brilliant thinkers. Silvio Gesell comes to mind, Gottfried Feder and later Helmut Creutz and their current standard bearer Margrit Kennedy. Feder wrote a book ‘breaking the shackles of interest’ and later advised Hitler, who was to say time and again, that ‘the kernel of National Socialism is breaking the thralldom of interest’. Maybe that did some damage by association to the theme. It is curious to realize, when studying Hitler, how close he came to the truth in his analysis (which was, no doubt, inspired by exactly the enemies he was purported to attack). It is mind boggling to realize how much the bankers were willing to give away and how they entrenched their supremacy by totally destroying him and his credibility. Be that as it may, it is time to make fully clear what the scale of the interest problem is. We need to get rid of any misunderstanding, let alone underestimation of this most heinous tool in the hands of our Satanist masters. Dealing with Interest We’ll go through this point for point. Some points will in some way overlap others, but they are still worth mentioning because they widen our perspective. I’ll be quoting Margrit Kennedy a lot and I would strongly suggest going through her classic ‘Why we need monetary innovation’. 1. To begin with, I’ll put forward my standard example: a mortgage. Let’s say you want to buy a house and go the bank and get a loan. Say $200k. The simple truth is, after thirty years you will have payed back $500k. $200k for the principal and $300k (!!) in interest. Now this might be ok, or at least somewhat understandable, if you were borrowing this money from somebody else, who has been saving it. But as we know, this is not the case. The money is produced the moment the loan is granted by the bank. In a computer program. By pressing a few buttons. So basically you pay $300k interest for pressing a button. Granted, the bank needs to manage the loan during the time it is being repaid. But the cost for this is still only a fraction of the income they get through the interest. Now, we could stop here, because it is clear that the bank is ripping us off, also in legal terms, although they make the laws themselves, because there is no realistic service being delivered for the money. But there is so much more, we must continue. 2. When the bank creates some money by giving you a loan, it takes the money out of circulation when you repay. Repaying debts means a diminishing money supply. The banks only provide the principal, in our previous example $200k. But after thirty years, $500k has been repaid and only $200k was created. So how can this be? How can $500k be repaid by $200k? It can’t. Somebody else needs to get into debt to create sufficient liquidity to pay the $300k interest. And the borrower of the original loan must start competing for this liquidity with everybody else to obtain that, intrinsically scarce, cash. This means that because of the combination of debt and interest, the money supply must grow forever. But we know that a growing money supply is the definition of inflation and that inflation is closely linked to rising prices. So inflation is inherent in the system. This sounds strange, because Central Banks raise interest rates to lower inflation, reasoning less credit will be issued because of rising prices for it. But the higher the interest rates go, the more money must be created to pay for this interest. Just one of the perverse side effects of interest in the current wealth transfer system we call ‘finance’. 3. Due to interest, money circulates slower. This is a big problem, because the slower the money circulates, the more we need of it in circulation to meet our needs. And when you have interest bearing debt as money, that is quite a problem indeed. The reason for slower circulation is that it enhances the store of value function of money, with all it’s detrimental implications. This phenomenon can be best seen when thinking about paying bills. If you know you can increase your money by postponing paying your bills, you will help the money circulate slower. People will be encouraged to hoard the money instead of spending it. It is also more likely because of this reason rather than the growing cost of money which lessens inflation (or better, price rises) in the short term when raising interest rates. Because less money is circulating slower, demand falls. 4. Now, because of the fact that the principal is created but not the money to pay the interest, money is intrinsically scarce. Because of scarce money, capital is the scarce factor of production, whereas reason has it that labor should be the scarcer than capital. How else can we say we live in abundance? I think it was Lietaer who pointed out the natural consequence of this state of affairs: competition. Economic actors in the current system compete with each other primarily for scarce working capital. Scarce money is a major driving force in the ever more competitive marketplace. Of course, the winners of this system have their lackeys (‘economists’) explain that competition leads to efficiency. But common sense dictates that humans are more effective when they can cooperate. Surely there is a place for competition in the market, but it has gotten totally out of hand and it is getting worse. Scarce money because of interest is one of the more profound reasons for this trend. 5. So what of it you think. I was raised to be conservative in these matters and one should simply not get into debt, so you won’t pay interest. Wrong. Not only because if nobody went into debt, there would be no money, but because companies go into debt to finance their production. They pay interest (capital costs) over these loans. And like any cost this must be calculated into the prices they ask for their goods and services. And what percentage of prices can be related to interest? It depends on the kind of business, particularly how capital intensive it is. Going from 12% for garbage collection to 77% for renting a house. All in all about 40% of prices can be traced back to costs for capital. These figures are by Kennedy and they have been corroborated by an independent study done by Erasmus University, Rotterdam, the Netherlands under the supervision of STRO, a leading monetary think tank in the Netherlands. So, you lose 40% (!!!!) of your disposable income to interest through prices. 6. Interest is being payed by people borrowing money and received by people having loads of it. So it is per definition a wealth transfer from poor to rich. It transpires, that about 80% of the poorest people pay more interest than they receive to the richest 10%. The next richest 10% pay as much as they receive. This means the vast majority is losing a substantial part of their money to interest. The richest own the banks or have a lot of money there. We must keep in mind that this is totally for nothing, since most of the money is printed at the time it is loaned out. How much money are we talking about? I have only figures for Germany, but reason suggests it is basically the same everywhere. In Germany the poorest 80% pay 1 billion Euros in interest to the richest 10% PER DAY. Yes, that’s right, one billion euros per day. That is a grand total of 365 billion euro’s per year. That is one seventh of German GDP and extrapolating this to America, the poorest 80% must be paying at least a trillion a year. It conclusively explains the old adage that the rich get richer and the poor get poorer. This is the hidden tax that nobody is talking about. This is the yoke that we carry. This is the worst kind of slavery, because it is slavery without even realizing it. This is interest and let it never be forgotten. This is our mortal enemy and let us never take our eyes of it again, until it is thrown into the fire of hell, together with the usurers enslaving us with it. Further reading: The Goal of Monetary Reform Budget of an Interest Slave Mutual Credit, the Astonishingly Simple Truth about Money Creation Usury: why we don’t build Cathedrals these days…. Debt Repudiation or an Interest Strike? The Scourge of Usury Overrating Putin as a defiant defender of Russian Sovereignty is a clear example of this: Putin resists the American Empire, and therefore people believe he’s a good guy. He is not. Yes, he stopped the Oligarch’s all too blatant rape of the remnants of the Soviet Union in a moderate Nationalist reaction. But just like Ahmadinejad and the Chinese Leadership he is part and parcel of the Control Grid. And not only because the Ruble is an interest-bearing debt. The aim is to have the Great Powers slug it out against each other and Putin as a faithful whore of the Plutocracy is doing everything to pit Russia against the Americans in the coming conflagration. Nations aspiring for independence would barter amongst each other on a current account basis. Mutual debts would be crossed off. In this way they would not need any ‘hard currency’ at all. This is how Hitler traded with his partners. He had no Gold and no internationally accepted currency, but he traded to his heart’s delight and acquired everything he needed without spending a dime. In doing so he became completely independent from the international financiers. Some say this is what caused his downfall, but I don’t buy that. He was allowed to do this to build up Germany. It would have been impossible for Germany to become a credible force in their coveted 2nd World War had Hitler been saddled with conventional interest bearing Money Power currencies. In fact, by destroying Hitler and his interest free economy, they almost destroyed interest free currency through ‘guilt by association’. Whatever really transpired back then, it is clear that scarce and expensive Gold is not a good means of exchange for the Nations and their international trade. A barter unit is free of cost and always sufficiently available. Hitler’s historical precedent shows it is not an idea, but a workable fact. Another aspect is that such barter schemes would allow each Nation to maintain its own currency and thus monetary independence. The fact that all the Gold backed schemes of today have a supranational character is a clear give away of what forces are really behind it.

Sunday, May 15, 2022

[PART 1] [I’d like to start with one of your books – ”Rouble Nationalization”. This work of yours is now more relevant than ever, including for the Republic of Moldova. I’d like to ask you to briefly describe how the mechanisms of the US’ financial influence work on our society, on our countries. And why you think Russia should implement such a fundamental financial ... revolution.] Good afternoon. Thank you for this opportunity to see my book as a kind of ‘underground publication’. That’s very interesting, pleasant and certainly unexpected. These days, by the hand of fate, I am frequently in Moldova, mostly in Chișinău, of course, but I have also traveled around the country quite a lot. I guess in a few Russian cities they might be offended that I visit Chișinău more often than them. That’s just how it has turned out. As for the global financial system, it’s not just about money and the global economy. The understanding of where money comes from, and who creates it, leads to an understanding of what is happening today in global geo-politics. So it really is important. It concerns not only the Russian Federation, Moldova and other nations. In the whole world it’s constructed almost identically. There are two unequal groups of nations. The first group is headed by the US and includes the EU, Japan, Switzerland, UK. They create money out of thin air. This has to be understood. The emission of these magnificent major “hard currencies” takes place without the backing of anything of value. That’s the first thing to know. Secondly, at a certain point, for some reason, the creation of money was transferred from the state to private central banks. The European Central Bank, the Federal Reserve System, the Bank of England – these are non-state organizations, they are shady private outfits. So we have a strange situation where the state has surrendered one of its main functions – the coining of money, which was metal – gold, silver. Now it’s paper money and virtual ones and zeroes on credit cards, but the essence is unchanged: private bankers create money without the backing of any resources. This gives them unlimited power. It gives them access to an unlimited source of wealth, and, accordingly, power. Because for money one can buy corruptible politicians and (in quotation marks) “independent journalists”. One can establish military bases around the world. If the volume of this money is unlimited, then it would seem to bring unlimited power. [Alright, Nikolai. In the case of Russia, or Moldova, in terms of the Constitution and legislation, the Central Banks are supposedly state institutions.] Well, you and we, and most nations – the overwhelming majority, belong to the second group of nations, not having the right to sovereign emission of their own currency by the same principle as the first group of nations does. We are forced to accumulate the money created by these private central banks of the so-called “leading” European powers and the US, in order to emit our national currency. This is the so-called “foreign exchange reserves”. In order to create Lei, Roubles or Mexican Pesos, we have to accumulate in certain reserves those digital ones and zeroes, which others simply print out of thin air. [You mean, our sovereignty is limited, we cannot have our own financial system?] Of course not. Moreover, in order to obtain _ their _ digital ones and zeroes, we have to give something away to them – they won’t simply give us this money, we have to sell something on the global market. In this way is created a very unequal exchange – the Western nations hand over primarily money they created out of nothing, and in exchange they receive very concrete resources. In the case of Moldova it could be some agricultural products, since, unfortunately, manufacturing has been destroyed in the post-Soviet period. Part of the nation’s sovereignty, a certain voting power at the UN, a certain political position can all be bought for these unbacked digital ones and zeros. In the case of the Russian Federation, a significant part of our natural wealth is likewise sold for this unbacked western money. And only by receiving this money into the foreign exchange reserves of the Central Bank do we get the right to issue our own money. What we have, in fact, is a feudal system of tribute payments cloaked by the financial system. Without paying the tribute, without handing over some of your national wealth effectively for free, most nations of the world don’t have the right to issue money. Hence the difference in the standard of living. Imagine you’re working honestly in some job, doesn’t matter what. Meanwhile someone else is printing money. Which of you will live better? [That’s obvious. So it means our central banks are independent of the government, the parliament and the president, but are dependent on external factors.] Absolutely right. They are incorporated into a certain international structure that was set up as a result of the second world war – the IMF. The central banks are a kind of quasi-governmental structure. If you take the Constitution of Russia, Kazakhstan, Belarus, Moldova or other countries, you’ll see there is a very cunning system of subordination. In reality, what exists under the guise of a quasi-governmental structure is subordination to the International Monetary Fund. Imagine, the state cannot liaise directly with the office that creates money. Any conflict which arises has to be resolved in the Stockholm Arbitration Institute. [So, institutions within the state, it would seem, have to resolve their disputes overseas?] Imagine (as an analogy) you’re the Chief Executive of a business. If you don’t like your director of finance, you have to sue him in the Stockholm Arbitration Institute – you can’t fire him. Question: is he subordinated to you or to someone else? Clearly the subordination here is very strange and confused, and for sure this chap is not acting in your best interests, as you cannot dismiss him from his position by the stroke of a pen. 6 New Insight New Insight 6 years ago [PART 2] [So how about the nationalization of the rouble, the leu, other national currencies in our region? How can we make the breakthrough in practical, legal and constitutional terms? For now we can only talk about it. I don’t think anyone in our region has managed to get out of this situation.] No-one has ever managed to get out of this situation. Let me emphasize – didn’t get out _ alive _ . Certain politicians, who tried to break the global bankers’ monopoly on the emission of money, got killed. In particular, the US President John F. Kennedy, who was killed after signing the executive order (11110) that the emission of US dollars was to be returned – partially, as a first step – into the hands of the state, and was taken away from the Federal Reserve. After about 4-5 months he was killed by a group of snipers, then the farce was put on with Lee Harvey Oswald, who supposedly shot the President. I won’t go into the details here – anyone can examine the documents and see that it violates not only the laws of logic, but also the laws of physics. For example, the President’s head which was hit by the bullet moves in a clear trajectory in the bullet’s direction of movement – that’s obvious. But in the investigative material it is stated that the shot was fired from the other side. I won’t say that the bullet hovered in the air for a time, since it struck several people on a trajectory that is simply impossible. [So there is some similarity to the tragic fate of Ceaușescu and Qaddafi – if we take times closer to us.] Yes, in a certain sense. Both Qaddafi and Ceaușescu are victims of the global financial system, to different degrees. Regarding Ceaușescu, the situation was as follows. Romania during his time borrowed money, which was used to develop Romanian industry. Ceaușescu decided it was necessary to tighten the belt. It was brutal austerity, but as a result, toward the end of his life, Romania re-paid its national debt. But since bankers create money out of nothing, which costs them nothing, their primary task, strange as it may sound, is to put people into debt such that they cannot re-pay it. Why would they need back the money that they can print in any quantity? What they need is the state to borrow money, such that in the future they won’t be able to re-pay it, so they will act according to orders from the bankers, lose their sovereignty, hand over their territory for military bases, and in short, sell out for resources which cost the bankers nothing. Ceaușescu, on the other hand, re-paid the debt. That’s why he was killed as a result of the coup d´état, after which Romania became one of Europe’s main debtors. The current Romanian leadership takes on more debt to the joy of the bankers, while the Romanian people are supposed to repay this debt one day. Of course, it’s a crushing burden. To the ordinary person international politics seems so complicated that it’s impossible to understand anything. That’s an artificially created sense of complexity. In fact, it’s all banal and simple. We understand it all perfectly well. Imagine, when you’re going for some job. Do you choose it because of the freedom, the freedom of speech there? Or because the pay is good? [Obviously for the good pay.] But when it’s a question of electing political parties, a certain vector gets pushed upon us, like “freedom”. What exactly is “freedom”? It’s a very abstract concept. Everyone has their own understanding of “freedom”. Once we get onto the specifics of it, we realize that “freedom” can mean anything at all. International politics today is constructed very banally. A few nations, by creating money out of thin air and using the global financial system, pump out all the resources, with which they secure a good standard of living for themselves. Basically, it’s a big pump. IMF, WTO – this is all tools to suck out this standard of living. What is WTO or EU? It’s when they say to a small nation like Moldova: “come into our structure, everyone will trade freely”. Then the trade begins – but from the other side. Huge concerns, which receive credit, now at 0%... Technology isn’t the main thing. It’s 0% finance, or negative rates in Europe, I assume that Moldovan business owners get credit not at 0%. [It’s 14-16%] In Russia it’s higher, but still, how is one to compete against huge concerns, which are already up and running and occupy a large share of the market, and could even engage in ‘dumping’ (=capture market share by low prices), and at that they get credit at a negligible rate of interest. Obviously, in normal competition they will eat up local business-owners. And that’s what is happening. WTO is a kind of “market bottle-opener”. It opens up the markets of other nations. Western products flood in. Local producers get washed away and eliminated. Unemployment begins. The state doesn’t receive tax revenues, because all the businesses have closed down. The Western concerns pay where they are registered, or else offshore. As a result, the state has no money, borrows from those same Western countries, and ends up in debt slavery. “You owe us money – do as we say”. Here begins the main issue which we should mention. If a state is very happy with the current world order, then they are interested in its preservation. Their main task is to prevent an alternative power center from emerging, so they can continue to rob the whole world and pump the resources to themselves. At the center of the global economy today is the US. Their main task is to prevent the sovereignization of Europe’s politics. It’s no secret that the policy of the Anglo-Saxons in the course of many centuries – then England, now the US – is a policy of weakening the strongest power in Europe. Today certain states can be nominally called the European Union. The Americans, the English endeavor to keep this organization in check. On the other side, the Russian Federation is restoring its might in the context of the Eurasian Economic Union. If there are calm conditions in Europe, if there is peaceful co-existence, if there is trade and cooperation, then sooner or later it will become obvious that there are no contradictions between the Eurasian Economic Union and the European Union. That’s the first phase. In the second phase some kind of unification might be possible. Our President, V.V.Putin, proposed a united Europe from Lisbon to Vladivostok. For Europeans this is great. But for the Americans it’s deadly. A united continent, united economic and political interests, won’t need the US. What would they need US military bases for, if in Europe there is no longer the threat of war. Therefore, we are coming to a very interesting conclusion: the Americans are interested in the destabilization of Europe, the creation and growth of conflict in Europe.

Sunday, April 17, 2022

dance the moment away

The living throbbing nature is dancing with joy , within you ,, and your body mind thoughts are not you !! YOU are young and that YOU revives you with every breath you inhale , at this moment !! ...with every inhalation i come alive , with every exhalation i die .... .. the seed is young whether it is put in the ground today or after keeping in IIMC fridge for ten years ! life is born every moment .... join me .. let us dance , even alone ,,, let us shift into meditation meditation is a noun , not a verb and the shift can occur now itself Sit in a bar , be in meditation .. stand and dance yet be in meditation ..... ..and I have YOUR company ... ...voila Nov 24 , 2015 Posted by Ravi Garg at 6:22 AM