Monday, July 2, 2018

When will states begin printing their own fake money?

As I have written so many times, there is exactly one problem with all failed states and nation states and that is the curse of accepting fake money as if it were real.  The ignorance by most people of what money is supposed to be as opposed to what fake paper money actually is means that a con game is being played on the people by the elite in banking and government.  Whoever controls the fake paper controls the power because money is fungible with labor, even if its fake money.  So people can be compelled to do your bidding by either paying them to do so or threatening to cut them off of promised payments if they rebel.

But at some point the people wake up from the scam of fake money.  Or maybe they knew it was a scam all along but now sense that it is no longer going to work in their favor.  And so they want to escape the Madoffian collapse that they helped to ensure as our future.  The only way to do this is to not use someone else's fake money but in order to do that you have to create new fake money of your own.  And in order to do that, you have to create currency with a story behind it.  For example, some state could begin printing their own money and tying it to public lands or another state could tie it to tax revenue or another could tie it to gold in a vault.  At the beginning of these new fake money regimes the issuer would have to behave honestly for a time in order to CONvince the people that their new money was not just another CON game.  The issuing authority must generate CONfidence in their CON or nobody will back it.  And make no mistake: no con game ever ran without the presence of a willing patsy who thought it was in their own selfish best interest to participate.

When Obama was in charge he literally said he was going to put the US coal industry out of business.  After all, elite folks like him make endless money from corruption so they care nothing about the cost of energy.  In his own words, "under my plan electricity rates would necessarily skyrocket".  Obama was able to crush the coal industry using the power of federally controlled money.  Any coal plants would have regulations dumped on them ensuring that, as Obama said, "If somebody wants to build a coal-fired power plant, they can. It’s just that it will bankrupt them".  Besides regulations, government can financially support industries that it likes and punish those that it does not.  It can do this because it controls the money supply.

So we put up with Obama's control of everything as the poor got poorer and the rich got richer.  But now that Trump is undoing all those works, people are starting to tire of such power being concentrated in the hands of so few.  The only way to get out from under it is to escape the currency that enslaves.  In most cases it will just be an act of running to a new slave master under the color of a different fake money.  People are stupid like that.

Gold and silver continue to be real money, same as they always have been.

I'll say it again for the cheap seats: when you begin to see states create their own competing currencies with the greenback, the united states of Madoff debt Ponzi has definitely peaked and the next thing you see coming will be the bad stuff that I have been warning about for years.  I can see it getting closer and closer.  A big sign is that everyone hates everyone and its not calming down.  It just gets a bit worse each week.  If we are not careful we could eventually have a civil war on our hands.  But at the very least I expect a financial revolution to occur, and not in a good way for the rank and file.  It could lead to supply chain interruptions and mass crime for an extended period.

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