During his weekly monologue Neil Oliver turns his attention to the “Big Club,” the bankers. WATCH:
[Transcript] – I want to tell you a story about money. To be more specific I want to tell you where money comes from. The truth, of which most people are unaware, is that money is created out of thin air. Furthermore, every single pound, dollar, euro, yen and all the rest is created out of thin air by unelected, unaccountable private business people who conduct their meetings in total secrecy and profit always from their actions.
Let’s imagine you want to borrow 200k to buy a house. When you go to the bank and ask for that money, the banker doesn’t give you existing funds, cash from a drawer for instance. Instead, he creates that 200k out of nowhere – money that previously did not exist. That money is not backed by anything real – no gold or anything else. It is conjured out of nowhere and exists now only because the banker says it does. He then says you have to pay him back the 200k plus – let’s say for the sake of example – another 200k in interest.
He is allowed to credit your account with money that did not exist until you asked for it and he pressed digits on a keyboard … and then he invites himself to charge you whatever interest he wants on that previously non-existent sum. Talk about a fool-proof way to make money. This is how all money is created in our world and this is why so many people are made to live crippled by debt. Every year the British people pay tens of billions of pounds to private bankers as interest on something that DID NOT EXIST IN THE FIRST PLACE.
How could I be sure, but I suspect that if you or I were to attempt something similar, we would be thrown in jail before our feet touched the ground.
William Paterson, cofounder of the Bank of England in 1694, noted that:
“… the Bank hath benefit of interest on all moneys which it creates out of nothing.”
1694 … that’s at least as long as this has been going on … how long we’ve been submitting to debt created by a handful of rich people to keep everyone else under their control.
The Bank of England is technically owned by the British government, and so, notionally, by the British people. The fact of the matter however is that the government does not tell the Bank what to do. Like all central banks, the Bank of England is answerable instead to an entity called the Bank for International Settlements. The BIS is run by more unelected, unaccountable, secretive people over which we the British – like all people in the world – have no say and no control. Most people have never even heard of the Bank for International Settlements, but it is housed in a great glass tower in Basle, in Switzerland.
It is the BIS that controls the making and flow of well over 95 percent of the world’s money supply – via, to name but a few, the Bank of England, the US Federal Reserve, the People’s Bank of China, the Central Bank of the Russian Federation and the European Central Bank. It also influences a host of other smaller central banks including in unstable and failed states like Afghanistan and Libya.
We need an honest and open conversation about banks – all banks – and about another way of doing things – a way of potentially freeing the people of the world from the yoke of debt placed across their shoulders by secretive, unaccountable, profiteering private bankers. It may or not offer the solution to our woes, but I believe it is time now to talk about it and, more importantly, to invite more people to understand what banks actually do and how they do it.
If you don’t trust me, how about Thomas Jefferson, founding father and third president of the US, who said:
“I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow banks to control the issue of their currency … they will deprive people of all property until their children wake up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.”
The Federal Reserve in the US was created at Christmas time 1913 – when most members were away for the holidays. By means of the Federal Reserve Act, all control over money creation was removed from Congress and given to the Federal Reserve Corporation, a private company controlled by bankers – all this despite Article 1 of the US constitution which declares:
“Congress shall have the Power to Coin Money and regulate the Value thereof.”
Federal was added to the name to trick the people into thinking they, via Congress, were in control.
Not anymore, not since that Christmas of 1913. The Fed is a private business corporation.
Or what about the words of Henry Ford, who transformed the car industry, who said:
“It is well enough that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.”
The private bankers would have us believe their way of doing business, of making money, is the only way.
So here, let me tell you an astonishing bit of forgotten history – so forgotten you’d be forgiven for thinking some people don’t want us to remember.
Back in August 1914, with the First World War looming, people feared the future. More and more were converting their bank notes – bits of paper – into gold sovereigns and half-sovereigns, as was their right in those days when Britain was on the so-called gold standard. But by 1914, the Bank of England had already been involved in dodgy dealings, creating money out of nothing – and there were far more bank notes in circulation than there was gold in the vaults to honour them.
If everyone tried to get their gold out at once, such a ‘run on the bank’ would have been catastrophic. At a stroke, Britain would have lost its ability to pay for the upcoming war.
The Bankers ran for help to the government and to the Chancellor David Lloyd George. The August Bank holiday was extended by three days, an Act was rushed through parliament and when the banks reopened, people were offered a new kind of Treasury note – issued not by the bank but by HM Treasury, in lieu of their gold. Since the first batches bore the signature of Sir John Bradbury, the then Permanent Secretary to the Treasury, the public nicknamed them Bradbury Pounds. Because each was backed by the wealth of the nation, the familiar strap line … about a promise to pay the bearer on demand … was unnecessary and therefore absent entirely.
The people accepted the Bradbury Pounds, trusted them on sight as cash they could see and hold and spend as they liked, with perfect confidence, and the banks were saved from certain collapse.
It was sovereign money – underwritten by the wealth of the nation and, perhaps most valuable of all, by the creativity and potential of the people of that nation. Unlike the money created out of nowhere by private bankers it was interest free and unburdened by debt.
Britons were briefly beyond the clutches of private bankers. But their reprieve didn’t last long. Having been spared the consequences of creating money out of nothing, those bankers were soon back at the Treasury door – demanding the State stop issuing debt-free money. The War was up and running and as is true of all wars, there was a killing to be made, in among all the killing.
The war must be run, those bankers said, only on money borrowed from them and repayable with interest – three and a half percent interest, as it happened. By the end of the First World War, Britain’s national debt had ballooned from 600 million in 1914, to 7 billion pounds. In 1914, remember, a pound was worth 122 pounds in today’s money. That’s inflation for you.
This is no longer the world of 1914. Any solution for 2022 must be made by us … for us, in the world of today.
Henry Kissinger said:
“Who controls the food supply controls the people; who controls the energy can control whole continents; who controls money can control the world.”
Right now, all around us, the people are being nudged ever closer to digital enslavement by secretive, unaccountable bankers.
Right now, control of energy by others we do not know is marching us towards the coldest, hungriest winter many can remember. Right now, is the time to take back control of money – its creation, its value and its flow. By so doing, we can begin the task of regaining control of our world. (link)
Let me issue and control a nation’s money and I care not who writes the laws.
Mayer Amschel Rothschild
Neil didn’t use this quote to avoid the Eye of Sauron
I noticed the omission of that very notorious quote, despite its applicability to the situation in which we find ourselves, and came up with the same reason for why it was not – indeed, could not – be cited.
Voltaire said ‘you can tell who rules over you by who you cannot criticize.’
Hmmm,…its been ‘generally known’ in the swamp, for years that you can freely criticise the POTUS, (even Obama) whoever they are, everyone does it.
You can criticise Pelosi, Schumer, etc. no problem.
But, if you want to work in DC, you do not, DO NOT criticise Mitch McConnell, or your career is toast.
When Voltaire said it, he didn’t mean McConnell, though. He meant that there was a group he and his couldn’t criticize that ruled over his people. That group hasn’t changed.
I remember when Ted Cruz was lied to by McConnell and called him out on the senate floor. The confrontation died a quick death in the media. Guess Ted was taken to the woodshed. (Threatened) what ever happened to that story? Anyone?
I’m not afraid to say it: no one in power is ever allowed to point the finger at our Number 1 enemy — the jews and, more specifically, israel.
(((They))) were the reason for the US being manipulated into WW1 (Balfour Declaration) … just a few years prior (1913) was the deadly meeting of the (((bankers))) at Jekyll Island that created our own Fed (part and parcel of the Rothschild family of central banks) and all that that has worked against US …
Old Marble Mouth is about to get his humiliating come up ins. Then, let’s send him to retirement in China
That’s a “turtle” with a very thin shell, probably a soft shell.
“Lawyers make quarrelers, like Usurers make beggars.”
Best quote I have ever heard. Hate em both.
The real power is not with the central banks. Carroll Quigley in his book ‘Tragedy and Hope’ explained it well.
“It must not be felt that these heads of the world’s chief central banks were themselves substantive powers in world finance. They were not. Rather, they were the technicians and agents of the dominant investment bankers of their own countries, who had raised them up and were perfectly capable of throwing them down. The substantive financial powers of the world were in the hands of these investment bankers (also called “international” or “merchant” bankers) who remained largely behind the scenes in their own unincorporated private banks. These formed a system of international cooperation and national dominance, which was more private, more powerful, and more secret than that of their agents in the central banks.”
This is real basic stuff and frankly if it serves as an introduction to a critical mass of people, well, that explains our predicament to a T.
Liz Truss inadvertently unleashed authentic interest rate price discovery. At best she’s the pin prick. Or is she pointing out the emperor’s state of undress?
Sadly, 3% mortgages (what, 500 basis points below true cost of money?) are the massive boil that should have been lanced at least 3 QE’s ago. Alas there’s no politically feasible way to explain to 80 million people that, in the real world, they probably can only afford half the house they’re currently in. Sounds like a quick trip to the political graveyard for Truss where her tombstone should read: undue candor.
Might it be the B of E is ‘pinning the pin prick’ with a blame that belongs squarely with them? That may be the sole function of Truss’ lightning fast government: to commence the grueling price (re)discovery of money. Hey it had to happen.
I love this guy!
It’s only going to get worse when they digitize all the money, and that’s the goal
Ron Paul has been like a dog with a bone on this…for years.
“Gold is the money of kings;
Silver is the money of gentlemen;
Barter is the money of peasants;
Debt is the money of slaves.”
~Norm Franz~
Tools and skills are the coins of the makers.
A point I’ve been making constantly with my three grands nearest to me here ever since I started doing the school runs. Because it is one of the truest statements ever made.
It’s a whole nuther club.
It is, stockman. And a most honourable one as well. A club my son belongs to and has succeeded in. My admiration for men and women in it has no limit.
Are you referring to masons?
No of course not…
Oh, well Oliver is referring to a specific club, not an abstract kind of concept, that controls the banks. When people discuss one they sometimes discuss the masons. I know little about the latter, way too much about the former.
And he is right about that. My reference was to stockman’s post. I am sorry for the confusion.😊
It’s the club to which no one can speak of without being completely crushed.
If you still haven’t figured it out, I’ll refer you to Henry Ford.
Oh I figured it out, lived it very tragically, many years ago. Thanks, though.
. . George Carlin’s club that you ain’t in.
I am referring to the club whose members actually, through the sweat of their brow and calloused hands produce and keep this country running. People who have learned a trade, a skill.
People who are looked down upon, maligned, sneered at, considered “useless eaters” by those who do not realize their own privileged lives would not run as smoothly if members of that fine club weren’t there.
That “club” is actually nothing but slaves to the other club who prints money as debt.
Which makes us all paid up members unfortunately.
The point I was trying to make was that without members of a club which actually has the skills to keep things ticking over, the self regarding, sneering members of the other would not be living their pampered lives as they are lived.
In the final scheme, crush those who manufacture, repair, install, keep running everything taken for granted by the money printers and their ilk, I suspect attitudes would change in a hurry.
No man is an island, much as the self described “elites” with all their hubris obviously think otherwise.
The WEF seems to think they have this figured per one of their esteemed adviors, an Israeli who says they’ll have robots and therefore no need of useless eaters.
https://nationalfile.com/wef-advisor-says-global-elite-dont-need-the-vast-majority-of-the-population-to-live/
Harari…the most terrifying psychopath of the lot. Feted by one and all. The one who said there are no gods “in the air”. They are the gods now. He is a cancer, a growth from some unnatural source. Satan’s offspring. A malignancy. Someone who I suspect was bullied mercilessly when he was young and who revels in his new found status as an “elite”. He’s not human.
Harari … himself the ultimate useless eater.
Exactly so.
They are not all slaves. I live on a minifarm in a cozy house which I built myself. There is a basement workshop, a nice barn and a large two-room chicken house. And good fences. I never had a bank loan for any of it. I started by paying cash for a couple raw cIearcut acres with no septic and no well, and moving an old round-top house trailer onto it.
Hi Betsy,
I love all of your posts!
When we were raising up our 2, now 39, and 36 we explained to them what a credit card was.
Talk about tools and skills.
If there is not money to cover the charge, at the end of the month when the bill comes due, then you don’t buy it! Just because you want it, doesn’t mean you need it. DUH!
Also the interest! We explained what interest at 18% meant. Geez, could parents please educate their kids!
Probably a little turn from what you might have meant, however I do get frustrated for kids not given the tools to become financially savvy.
Blessings always Betsy! In my next life I want to be as smart as you!
PS I don’t believe in reincarnation by the way, just used that as a figure of speech 🙂
What you both did for your then children, themouseranuptheclock, has no price. It was the life education that they would never get in school. It was a gift you gave them. How blessed are they that their parents were fortunate enough to arm them with the tools which have probably saved them from financial mistakes which could ruin them, as has happened to so many. I am sure they are an absolute credit to you.
And don’t worry…I took your beautiful meaning and am most humbled by it. Bless you mightily.🤗
Awww Betsy,
You are just plain fantastic! Your posts exude love, kindness, and grace. That is no small thing Betsy.
Thank you!
You are most welcome.😊
In 1980, I was 17 and wanted to buy my first car but I wasn’t old enough to get a loan. My dad said that he would “finance” it for me but I would have to pay him 12% interest. My mother was horrified and said, “You aren’t really going to charge your own daughter interest, are you?” And he told her that because I was his daughter, he was “only” going to charge me 12%, which is what he was getting on his CDs, rather than the 18-21% that a bank would have charged me for a car loan! My payments were $132 per month for 36 months but I learned how compounding interest works and how paying down the principal would save me money…I had that car paid off in less than 18 months and the lesson my dad taught me was more valuable than anything! (And oh, how I wish I still had that gorgeous 1976 280Z…sold it when I had kids because it wasn’t “practical”)
Around the same time.. I asked my Dad to co-sign a $3500.00 loan for a car I had wanted.. a red 1969 Shelby GT-500.. he said ‘no’..
I told him.. ‘Dad.. buy ten of these and in twenty years you will be a millionaire..’..
he still said ‘..no.. ..nobody’s gonna want those old cars..’..
so with the money I had I bought a car that had been abandoned on the side of a house with tall weeds growing all around it.. it was a “project” car.. I learned a lot rebuilding that car..
within about a year I rebuilt the engine.. fixed the brakes.. new tires.. etc.. and whaddya know..
I was now cruisin’ around town in a cool red 1968 Corvette convertible..
The number of cars my husband restored and sold on in his British youth…the number of times he has said he wished he had kept them.
He walked his first motorbike home because it wouldn’t run. His dad…his teacher…set up a series of boxes and told him to completely disassemble it with the parts in the boxes start to last, and then put it back together from last to first. And then it was on to motorcars. Dirty hands, invaluable education.
You were prophetic on the appreciation of the 69 Shelby. Cars I should have kept; 69 Triumph convertible, 70 Plymouth Duster, 75 corvette, & most missed 66 shirt wide Chevy PU. Painful to think about really.
Do not fret about cars you sold. Take the money and move on.
I have restored a 67 Camaro, 65 396Big Block Corvette convertible, 1969 Barracuda, 1970 Pontiac Lemans Sport convertible, 72 454 big block Corvette conv and 1971 Plymouth Cuda. Currently restoring 69 Dodge Charger RT, 69 Charger RT/SE and 68 Charger RT.
The only car a kind of regret selling is the 71 Cuda since they are getting very rare.
Lifelong MoPar gal here. First 3 cars were 70-73 Dodge Challengers. Their bringing back that classic beautiful body style 14 years ago gives me hope.
You were correct about the increase in value of the 69 Shelby GT. However, better have a nice storage facility because renting space for 10 cars car get expensive and eat up all the appreciation.
Good job.
The problem is when the crap hits the fan it won’t matter if you were financially savy. You will be wiped out just the same.
I have trouble with that deja vu thingy, along with synchronicity.
Synchronicity is how the universe unfolds its creative intent — like how the Mandelbrot patterns emerge, but when consciousness interacts with it. Faith brings it forth.
Good for you! I tried the same with my children and lived the lesson not to buy unless the money is in the bank to pay for a purchase. However, children do as they will and credit cards are tempting when one is starting out. I’m glad to say that they have learned as their lives have gone along.
We for a short time used cards more than we wished to, through necessity rather than frivolousness, so if we can relate our experiences to them, so much the better.
Another thing we’ve stressed is the difference between needs and wants. And yes, young adults are targeted by companies which want them as lifelong dependents. The proof of the pudding we will not know until they are out on their own. But we hope through our experiences and cold hard math, they will at least think twice, three times, and more before they use one.
My two cents: yougnsters would be best served by learning to use credit cards and never, ever, pay less than the full balance every month. Get the perks and rewards but pay no interest. This approach easily teaches not to spend more than you can repay each month.
About twenty years ago, after my husband and I had completed Dave Ramsey’s Financial Peace University course, we stopped calling credit cards – credit cards, and started calling them what they were/are.
Debt cards.
Smart, Sharon. I’ve always thought language is a more powerful tool than most people realize. That’s exactly what they are. We are in the process of drilling into our grands how ruinous debt is. Thankfully they are listening. Yes, mistakes will be made, but we won’t see them out the door without the information they need to avoid it as much as they can. Debt is insidious and a millstone.
Dave has put thousands on the right path there, and God bless him for it.
Best job I ever had was delivering auto parts , around also 20 years ago , and discovered Dave Ramsey on radio. Would listen to him for hours. Fortunately, I was already debt free but learned so much else. Much of it simple, common sense ideas. Pray and help others
Common sense is a very rare flower. We’d be remiss if we didn’t pass on what we know where we can. And yes, oh yes…prayer and lots of it.
I’ve also noticed that people who live inside what they themselves can afford, as opposed to what they can borrow, etc., tend to be the happier people. It creates emotional stability and acts as a strong rudder in life. I’m trying to instill this into the young’uns in my family.
Keep at it, Laila. It’s a long term project. I always thought the younger the child when the lessons start, age appropriate of course, the better.
this^^ … long term stability and contentment is waaayyyy underrated by our society and culture.
Yours is a VERY important statement. I firmly believe it is also an accurate one. I have pretty much always lived ‘debt free’, and your points hit home. I have tended to ‘harken back’ to times of my forbears when they only purchased or bartered as they could afford or trade at the time. No “monthly” worries to cloud their lives.
We pay unrecoginised/unaknowledged “Surcharges” for Credit (Debt) and for the ILLUSIONS of:Presige, Convenience and Safety/Security.
They are only ILLUSIONS; they aren’t real,…and quite often cen increase the cost we pay, to meet a need/want by 1000 percent.
We “pretend not to know things” by not really analysing finances, or understanding them, cause (especially with credit) so many don’t WANT to actually think about how much its actually costing them.
They fear if they abandoned credit, which WOULD force them to “live within their means” that their “quality of life” would be worse.
Nothing could be further from the truth.
Dumped credit 25+yrs ago, and as we adapted, we saw what we are actually spending, learned to avoid the attractions of the illusions of convenience, presitige and security, and our quality of life has steadily, measurably improved.
If you are on the credit merry-go- round, you CAN get off, its NOT horrible, the reduced stress alone will add years to your life, and PLEASURABLE years.
Dutchman you are so right about the reduction of stress. Debt chains weigh very heavily. Once they’ve been cast aside, the feeling is almost euphoric.
Gosh that’s awesome, I never thought of such a simple cure for the temptation. I’m literally going to meditate on that so it becomes my term. I have just a bit too much debt card debt, and am trying to winnow it down. Even though I was sort of taught that a ‘credit card’ was for logistical convenience, I still struggle a bit. I think my mother taught me that lesson a little late; I was in my mid-20’s.
There’s no time like the present.
Being free from debt is a feeling like no other. My husband and I have been completely debt-free since April 2019 when we paid our home off. We have no credit cards, our vehicles paid for a long time ago. The air smells fresher with no debt. Godspeed in your endeavors…you can do it. How I fight temptation is saying to myself, as I’m standing before the “stuff” on a shelf..Do I need this stuff? My answer is usually no, and I walk away.
so in that program, you don’t ever use a credit card even if you are paying it off every month? because some things just can’t be done (like renting a car)
Well, guns may end up being the money to keep us free from all of the above in the current situation.
I fervently pray that does not come to pass, but…
Things Ever Child Needs to Hear
1. I love you.
2. I am proud of you.
3. I am always here for you.
4. You are worthy.
5. All gun laws are unconstitutional.
(and yes, I stole that, it was that good.)
Yup. #4 is the hardest for me with my young white male nephew. His community constantly tells him otherwise.
Fortunately, ONE relationship with an adult, that recognises a childs worth, and communicates that can make SUCH a difference in their lives!
If you can, BE that someone!
Thanks so much for that encouragement, reminds me of being a kid and how I needed that at a certain phase.
Amen, amen, AMEN!!!
The Boy Scouts would have assisted “once upon a time”. Perhaps there are other organizations to guide him. Oftentimes, getting him to help others in some way, will add to his ‘self worth’.
My teenage son, had a hard time with #4 also. There is a lot of negative feedback for young white males today.
As I told my son….if not you, then who? (will do the right thing).
Ammunition WILL be the logical currency people will turn to, if the bankers try to convert to digital currency.
And no, I don’t mean shooting it; I mean to USE,…AS A CURRENCY.
Its just too logical not to be what people gravitate to, IMHO.
I agree and am heavily invested. The current prices have gone back to nearly “the latest panic prices” and its’s a great time to up ones holding. Sort of a heavy metals investment. Unlike other financial instruments it’s never going to be worth less. I recommend ammo seek dot com.
One good place to start when thinking about an alternative framework:
https://en.wikipedia.org/wiki/Chicago_plan
Trouble is, that “shadow banking” is now how much of the world’s credit is created. Ie, outside the realm of regulation.
The other problem is that bloated socialist nations are now in the most urgent need of credit (treasuries, gilts, JGBs, bunts) and chilling down this massive Credit Bubble is the last thing they “need”. Although one might argue that the Fed is finally pulling the punch bowl because it realizes that we’re at the end of the road, given the extent to which folks were seeing BTC has a real alternative (and threat) to fiat.
There is a movement of patriots that understand the value of hold physical gold and silver. The bankers won’t be able to control their fake fiat price much longer. Check out wallstreetsilver on Reddit.
I’ve heard that everyone who bought “gold” via paper (you pay cash to buy gold, someone else holds your “gold” but gives you a worthless piece of paper saying you bought gold) bought the same gold 99 other people did.
They bought a piece of paper that says they own $1,000 in gold, and 99 other people bought a piece of paper that says they bought the same $1,000 of gold the first person bought.
But there is only enough actual physical gold for one of the 100 people who thinks they own gold.
Down the road 99 people — times how many ?! — are going to realize they’ve been played big time.
yes if it comes to that. in the mean time you pay about $1,000 for $1,000 worth of “paper” gold where as you pay probably $1200 for $1000 worth a physical gold
That’s great, but are you going to assay the gold and silver you take in, or just trust the seller.
Hence it happened, all the armed prophets conquered; all the unarmed ones perished.
You wouldn’t quote Machiavelli if you really knew what he preached.
I quote a lot of people. That does’n’t mean I agree with everything everyone of them ever said.
I was taught to learn from other people’s failures, so that I myself may not have to experience their pain. Who better to learn from than some of history’s most corrupt, confused and maniacal personalities?
Also, what did he really preach? I’ve read the Prince and he said nothing that would dissuade me from quoting him.
Heck, I even quote Joe Biden! “I think we have, the most extensive voter fruad organization in the world”.
The video of brandon stating that, should be carried on EVERY Conservative internet outlet, and EVERY Conservative radio station in the Nation… CONSTANTLY!
Yes, their evil is right there on their faces — no matter how many face lifts and Botox injections Nancy gets.
“If you don’t trust me, how about Thomas Jefferson, founding father and third president of the US, who said:
“I believe that banking institutions are more dangerous to our liberties than standing armies.”
And Thomas Jefferson thought a standing army was EXTREMELY dangerous to our liberties.
And it certainly is useless at protecting our southern border from invasion.
Although the Taliban sure must have appreciated them giving them $85 Billion in military equipment.
Did you ever had the thought that the rulers of any major country which uses a fiat currency use it to finance a large standing army (hint, hint) and then make a practice of justifying this for “national security”, but sub rosa they tell each other that this standing army is their self-financed insurance policy against the citizenry getting uppity over whose country it really is?
I have had this thought; try it out as an explanatory principle for why many things have been, or increasingly are, the way they are in the society when they don’t seem to work to the benefit of the citizenry.
Never more than about every 5 minutes.
When Biden said (the quiet part out loud) that about the F-15’s we gun holders would need…he didn’t need someone to translate that for us, that’s for sure!
Great post!
Well, if that’s the case, at least ours is getting smaller and they are giving all our weapons away.
They could as easily decide to help those 87,000 new IRS agents – some of whom I’ve heard were/are antifa activists – with some ‘toys.’
Yet here we are with both!
If KL has her way, we MAY actually get a chance to see how well a “standing army” i.e. the N.G. are at securing the Southern border.
At the very least,…its going to be INTERESTING!
OK, so what’s the plan?
Chaos always wins because it’s better organized.
There is no plan, other than to increase your use of cash for every transaction you make in person. Refuse to patronize stores that don’t accept cash. That’s illegal anyway. Legal tender cannot be refused.
Do not bank with the big 6 banks. Transfer your banking to small local independent banks or credit unions.
Accumulate as much pure gold and/or pure silver (coins, rounds, bars, fractional bars) as you can afford to save. Prices are artificially low now but banks won’t be able to suppress prices much longer
Exactly.
That I can do and have done…except for the physical metals. Never could figure out how to spend a gold bar at the grocery store 😉
That’s where silver coins come in handy. Legal tender but worth far more than face value.
The plan is to force banks to have the capital they are loaning be 100% covered by real securities in the bank vault.
I know what it isn’t. Another Central bank monetary system controlled by the BIS, digital in nature and completely fiat, that is able to be controlled by an anonymous person in a room somewhere. Whom themselves belongs to the same system, who’s livelihood and social standing. depends on keeping the state happy.
Blockchain, in it’s current form is not the solution either. First it uses tons of energy to keep the chain going, most of that because of mining of the ledger. It is limited by the number of daily actual transfers to 375 thousand in the case of bitcoin. It does vary from “printed fiat” in that only a certain amount were “created” at the start of the chain. No more can be added. I believe Bitcoin was around 20 million. That’s why it so hard to use. People don’t understand that. Finally, It’s entirely fiat.
The future is obviously digital, however any digital system should be backed by something tangible, like gold. Private. and Capable of many transactions that are each autonomous to it’s user.
There are platforms out there that address individual shortcoming of the blockchain system, however they are all just attempts to monetize the existing system that was fatally flawed from it’s inception, it’s still boils down to being a ponzi scheme.
Blockchain technology could be used in other ways, ways that satisfy most of the problems listed. The modern banking/financial system has no motivation to invest in building out something they can’t monetize.
Congress is constitutionally tasked with creating our currency. They should be working on this, but since we no longer have a body politic that works for “we the people.’ We get a group of self serving crooks, passing around laws and favors to their benefit, like a bunch of pigs feeding on whatever is cast to within grasp of they greedy maws , with no intention of ever climbing down from the gravy train to actually help the people they look upon with contempt. I guess that right there is the rub.
Sounds like the Fed is illegal and Congress a bunch of lazy loafers. :: sigh ::
Got it in One.
Same as it ever was. Money cannot buy happiness and envy gets you nowhere. Invest in yourself.
<Same as it ever was.>
That’s what all the talking heads say 🙂
Wordman: Tin roof. Rusted.
That was B-52s 🙂
Always great, and so right. I’ve been stupid my whole life, not knowing about what money really is. It’s incredibly depressingly easy to actually realize that it’s JUST CREATED out of nothing. Sigh.
The Bank of International Settlements (BIS ) is basically, “The” Central Bank of all Central Banks. It’s operations and agenda are even more secretive/in the dark than the Central Banks you read about, even to the talking-heads of state.
That’s the easiest way I can describe it.
A nation within a nation, insulated and protected and indemnified, even Swiss authorities must receive permission to so much as enter.
Originally established to disburse German WWI reparations.
Kinda Korrupt.
A few bombs will take care of them.
No Digital Dollar Act introduced.
…… U.S. Senator James Lankford (R-OK) announced Thursday that he has introduced a bill titled “No Digital Dollar Act to prohibit the U.S. Treasury and the Federal Reserve from interfering with Americans using paper currency if a digital currency is adopted and makes certain individuals can maintain privacy over their transactions using cash and coins.”…….
https://www.usinnews.com/us-senator-introduces-no-digital-dollar-act-to-prohibit-treasury-and-the-fed/
Wow! This at least is positive!
Not quite positive enough though, it proposes to offer protections if digital currency is adopted, when the fight should be that digital currency is never adopted.
He represents Oklahoma. Good guy!
He has helped us during the Covid shutdown.
His “people” answer the phone, but he ended up calling us for the details to our situation.
Good guy.
I highly recommend people watch/listen to Michael Saylor’s interviews with Lex Fridman, Patrick Ben-David and Robert Breedlove (17 part series on YouTube).
Think of the credit card industry. I think it’s 2 months for settlement of funds if I remember correctly, so the velocity of money is 6. The stock market, maybe 2 transactions settling a week for a velocity of money at 100. Bitcoin is settling every 4-hours for with leverage for a velocity of money about 7,000.
Bitcoin (a digital property) is layer 1 and other crypto “currencies” are layer 2 or 3. Bitcoin at layer 1 is meant to transact $1 billion a few times a day and the layer 2’s and 3’s function is transact $5 billions of times a day.
There is a $10- to $100- trillion opportunity with the digitization of money.
Think of it this way. A person in Hong Kong can borrow your Bitcoin (you are a US citizen) and lend it to someone in Nigeria for example or another country you as US citizen couldn’t directly transact with giving you interest in return.
If you asked the smartest people in the world a year before the Wright bros took flight about the possibility of humans flying they would’ve gave you 10,000 reasons why it’s never happen………..then less than 70 years later we landed on the moon. The same will become true will Bitcoin as the basis for digital “money”.
Tell us about retrieving your Bitcoin after a False Flag EMP knocks out the power grid and the internet is down for weeks, months or years. I’ll stick with my “junk silver” quarters as a medium of exchange.
Each silver pre 1964 US quarter is worth about $3.00 today a convenient amount of value and easily recognized by a grocer, farmer or anyone else you are finding yourself doing business with.
Larger amounts of wealth can be held in physical Gold.
What do gold miners do?………they mine it and dump it. If it was such a great store of value then they’d hold it instead of dumping in the market at present value.
“Each silver pre 1964 US quarter is worth about $3.00 today a convenient amount of value and easily recognized by a grocer, farmer or anyone else you are finding yourself doing business with.” Yes, all those entities will recognize that pre-1964 quarter as exactly 25 cents. At 2% annual inflation (real inflation is much higher than that year-over-year since 1932) the half-life of currency is 50%. Since 1932 the dollar has lost 95% of its value and all other currencies well over 95%.
if you think there will be EMP attacks, nuclear war and electrical grid failure then you’re better off buying property where you can make an underground cave preferably with large stores of non-perishable foods, clothing and other amenities. As well as store tools and technologies to restart civilization.
The 90% silver content of pre 1964 US coins (nickels, dimes quarters) differentiates them from post 1964 coins ( which contain no silver) are worth only twenty five cents. Its the silver contained in the coin that has valve, not the coin itself.
First off, I suggest a large septic tank; they are drsigned to be buried, and no one is going to look twice if they see you burying one.
Do not, DO NOT bury “shipping containers”; they are built to withstand pressure from inside, pushing out (shifting load) NOT pressure from outside pushing in (dirt) and will collapse.
Secondly, consider in investing in AMMO; it retains its value at a rate greater than inflation, stored properly has an indefinite shelf life, comes in different denominations, is impractical to counterfeit, and there is enough ‘in circulation’ that it CAN function as an alternative currency.
Prescious metals are for retaining your wealth THRU hardtimes (so you’ll have it, after) NOT to GET you thru hard times.
“Ammo will get you thru times of no $, better than$ will get you thru times of no ammo.”
Were you able to retrieve your Bitcoin in the Texas winter of 2021 when the power went out and an emergency existed? No
I thought the money came from Fannie Mae, or Ellie Mae, or whoever…that a pile of dough is sitting in Fort Knocks…
LOL
According to a September article about Ft Knox, the facility currently holds about 4,600 tons of gold (about 1/2 of the U.S. Gov’t’s gold).
Right now, is the time to take back control of money – its creation, its value and its flow…
I appreciate the history lessons, but I have questions.
Exactly how is that done right now? Is there somebody I should call? Should I throw away the $208 cash I have carefully stashed in case the ATMs stop working?
And did I miss something about where the bank(s) get the money to give to me to put me in debt?? Aren’t banks required to have a balance sheet in some form so that when they extend $100,000 credit to me they show an offsetting income/source/asset somewhere on the other side? Don’t they even have to pretend to have balanced books?
Being more informed about bad things does not equal being able to respond effectively to the imperatives: Do this. Stop doing that. Right now.
Sharon, I think Neil is talking about the Central Banks, not the bank you bank with.
No. Neil is telling you how every bank on the face of the earth does business. No bank has its deposits = its loans.
Fractional reserve banking is the term. The local bank isn’t limited to only lending the amount of funds on deposit.
This is covered in HS economics. It’s not a mystery or a secret. Most people just don’t pay attention because it’s boring.
There are no local banks in other countries…just branches of the mega banks.
Deposits do not limit lending
Exactly, George Gammon has an interesting discussion about the Central Bank Digital Currency (CBDC) coming to the US. The underlining framework is being turned on next year.
This is a much watch and explains how a CBDC will allow banks to lend on a social class rather than merit:
watch this movie – all has been forshadowed
In Time (2011) – IMDb
Oh. I thought he was addressing his essay to “indentured servants”–worldwide.
So there’s no connection between “Central Banks” and the bank I bank with. This is where it gets confusing. If there’s no connection, why is his argument applied to (apparently) everyone.
So who is it that is supposed to, “right now”, take back control of the money? Are those people in the audience he is addressing?
Why would the ATMs stop working? Why would you throw away cash? Neil’s commentary has no relevance to either.
“And did I miss something about where the bank(s) get the money to give to me to put me in debt??”
Yep, you missed something. The hint is that banks have a far bigger loan book than a deposit book. That is possible because they create “money” instantly, money that did not exist anywhere else by opening a housing loan account for you. The money therein is merely a number it has no asset backing or deposit elsewhere., the bank did not borrow the money it lends to you…..
Why would the ATMs stop working?
18 months ago, we were without power for ten days due to an ice storm. ATMs were not working, nor were stores accepting debit or credit cards. During the summer of 2020, it was no safe (due to riots and pending riots) to do much banking person or at an ATM in Oregon.
I wouldn’t throw away cash –but if his arguments/concerns are played out on a continuum, it seems that there might no longer be a connection to the “cash” we carry around.
Neil’s commentary has no relevance to either.
I see now that I really have no idea WHO he is talking to, who his intended audience is, or who the imperatives apply to.
Thank you for clarifying.
Sharon, unless I’m mistaken, the bank shows your mortgage (or promissory note to repay as the case may be) as the offsetting asset.
Write a $10,000 check if you have $50,000 in the account and try to cash it. They want 10 days or so to get you that money. The banks don’t have that money. If you have $100 in the bank and they go digital, only a matter of time ’til the interest goes negative. Then your money in the bank will start to shrink. If it’s in your pocket, it won’t be shrinking. The debt is $31 Trillion, the only way to bring that number down is to make the interest negative! Joebama will be laughing his @$$ off!
It’ll shrink, whether its cash in your pocket, or a deposit in your bank acct; thats what inflation is: the purchasing power of the $ shrinks.
Keeping your $ in cash, does NOT protect it from being made worthless by inflation.
Your better of buying hard assets; tools, or things with REAL, intrinsic value.
Hard assets are also easier to defend in a robust manner. Financial assets can be frozen or seized comparatively easily. We all saw what happened in Canada earlier this year.
That experience also provided an inkling of a plan. We saw what Canadians did in response to the government’s actions.
In this adversarial environment, I’d expect a lot of casualties if the regime goes after hard assets. I expect to be one of them. I’ve made my peace with that. Village blacksmiths were invaluable in revolutions so were always targets. It’s the skills they wish to extinguish. Covid proved human life doesn’t matter to these zealots. Plan accordingly.
I may be mistaken, but I believe the process the banks use is called “Fractional Lending”, and they only have to have reserves of about one 30th of the amount they have out on loan as cash reserves, because la-dee-da, not everyone will want massive amounts of their cash back at the same time. (cue the FDIC for when this goes awry)
Imagine it this way: someone goes and opens a savings account and stuffs $100,000 in it. The bank can then used that deposited cash as an asset to loan out $3,000,000. Then we all wonder why prices of everything keep going up.
Yes, you’re definitely mistaken… truth is, fractional reserve lending hasn’t existed for a long time.
“Aren’t banks required to have a balance sheet in some form so that when they extend $100,000 credit to me they show an offsetting income/source/asset somewhere on the other side?” You’re kidding, right?
This was once the way that small banks in towns across the Nation worked. As I understand it, there used to be a ‘bank examiner’ drop in without warning, to make certain the bank was ‘solid’.
Decades ago when I was a human on loan committee at a then small credit union, all our loans were made ‘in house’, whether personal, asset, mortgage, whatever. It was our member deposits on the line.
Years before that, when buying my second home, I got grilled by the same people, and my share deposits, most of which were going to be used for the 20% down payment, were part of the decision making process.
Then ‘growth’ happened and we were replaced by machines and the employee loan officers dwindled as machines and algorithms took over their jobs and loans started being ‘sold’ and the CU became a loan originator and servicer. That was when I started, along with what I was witnessing in business with customers and vendors transitioning to debt based operations, seeing the writing on the wall.
While we’re busy trying to figure out Covid, fascism, banking, inflation, a million lifetimes of legalease and other usual and sundry distractions, what is the enemy really up to?
So Mr. Rothschild thinks the same way as President Jefferson, interesting comparison.
When my daughter left for college, she knew to call that plastic card “SlaveCard”, not MasterCard.
She is in her mid-40’s and has always avoided debt like the plague.
So he needs to watch this series.
Usury or what we call Loan Sharks. There was a time people called this stuff a sin.
How do we live without Banks and their money?
Well, you could do it, but everyone would have to do it and that ain’t going to happen. And we know once they get their Digits in control game over. They will own everything, the land everything on the land people animals everything as Klaus says, ” own nothing and be happy”. But, I have a feeling people will not go genitally into that good night. It will be devastating for humanity but we can then be rid of banks and their money!
People won’t go gently, either. 🙂
I LOVE the way wayward fingers or “auto-mispell stumble onto the truth, like how it calls “FBI” “FIB” or not going genitally into that good night! lol unless loren meant they won’t willingly be screwed?
I think I had one of those moments.
Subconsciously, i was think just that. Funny how a mind works.
Good one, Dutch! Thanks.
Indeed
And you might work 30 years to “repay” a “loan” the bank creates on a spread sheet in 10 seconds.
Not one person in a hundred understands fractional banking. Neil might help.
There’s no fractional banking. Lending is based on collateral or faith.
Banks are not limited to lending their deposits … = fractional banking.
Neil Oliver never ceases to speak truth to power. I pray that he is in “cahoots” as she calls it, with Catherine Austin Fitts. Cash everyday for everything. Cash drives the BIS NUTS because they can’t track it, trace it, or control it. Its becoming an interesting way of life for me in as much as I can do it.
I had the credit card debt issue in my youth. My sister bailed me out (I paid her back), and my Father said to me you do not want to be on the side of the ledger where you owe anyone anything. Hard and painful lessons but have held me in good stead for many years now.
As bad as it may be for the rest of us who live through it, it seems pretty clear, as the Bob Dylan song goes, “Its a hard, its a hard, and its a hard rain that’s going to fall on the BIS. Yikes.
Interesting he should raise this topic at this exact moment in time.
There used to be a great video series on YouTube called “money as debt” which goes into detail about how these central banks work. It is in several parts.
The European Central Bank controls policies in individual EU countries through blackmail. They did it to Greece and Cyrus and are now posed to do it to Hungary and Italy. Italy is a special case because Italy is beholden to the Bond market to service its enormous debt. The ECB threatens not to buy Italian bonds if the new government doesn’t toe the line.
BTW, Switzerland is one of the most evil counties on the planet.
I believe it was Iceland that told the IMF and WB to pound sand, after 2009 financial meltdown.
They were like an individual, defaulting on their debt; the main threat is to your CREDIT rating, but if you don’t intend to USE credit, its an empty threat.
Haven’t followed up on the story, but last I heard Iceland was doing o.k.?
Switzerland has shrunk… just a county now…
There may be a way to stick it to them. When we’re dead and penniless, with no other possessions, they have no recourse for those millions of debt we ran up just before entering the hereafter.
It’s amazing how many people are and have been naive to this. And one of the primary reasons few who do know, won’t say it publicly because of fear of being smeared with the brush of antisemitism. It’s a crime syndicate plain and simple. Money is created out of nothing, then countries are enslaved to debt. The times I’ve been attacked for stating this, has not been because it was not factual. That’s how the game is played on so many issues. When facts expose 💩, the ones being exposed or called out, cannot refute the facts and instead smear one with names…”Fascist”, “Anti-Semite”, “Nazi”, “White Supremacist”….which btw, I am none of the above. Furthermore maniacal despots have stumbled into the truth….Hitler and Stalin being the most notorious, and has been used to associate any who calls out the global bankers. Not giving a damn is true freedom. When enough of us embrace this, we will no longer be indentured servants.
“which btw, I am none of the above.” Unnecessary statement.
Exactly! Thank you.
Money is not created out of thin air when you borrow it from a bank. They don’t print the money. If you take out $200k and get it as cash do you think they print that? If you get a loan for $300k and buy a house don’t you think that money goes to the seller? This guy is spewing nonsense. I do know the central bank is printing money out of thin air but this is different from the example the speaker gives. Central banks and the US Fed needs to be shut down and prosecuted for theft and treaSON.
“Central banks and the US Fed needs to be shut down and prosecuted for theft and treason.”
File this under: Post-coup actions.
Along with cleaning out the coup plotters, foreign and domestic, from all government positions.
Eliminating all NGOs.
Etc.
Correct, banks don’t print notes. Within their capital reserve requirements they create accounts for your housing loan from nothing…you then provide the money by paying them back for the zeros they typed in.
Plenty on the web about fractional banking
Thank you, rob. I was completely clumsy in trying to articulate –I just have trouble connecting what he says with the way “money works” presently. Not saying the bankers are to be trusted….I don’t understand the implication of some of the points he makes.
“Let’s imagine you want to borrow 200k to buy a house. When you go to the bank and ask for that money, the banker doesn’t give you existing funds, cash from a drawer for instance.”
His premise is utter nonsense, the bank has to have 200k of deposits, existing funds, on hand to make the loan.
“Instead, he creates that 200k out of nowhere – money that previously did not exist. That money is not backed by anything real – no gold or anything else. It is conjured out of nowhere and exists now only because the banker says it does. He then says you have to pay him back the 200k plus – let’s say for the sake of example – another 200k in interest.”
The base money supply of the country is increased by the Central Bank(Fed in the USA) buying Government Bonds and is contracted by the Central Bank(Fed in the USA) selling Government Bonds.
Fractional Reserve Banking means that the private bank can’t lend all its demand deposits but has to keep a certain amount on hand as required reserves; however since March 2020 the reserve requirement in the US has been zero.
The money supply is increased beyond the base money supply created by the Central Bank/Fed buying Government Bonds by the private banking system making loans since the money on deposit at private banks that is lent and not held as reserves is still considered part of the money supply and that lent money is then redeposited in another bank by the borrower or whoever receives the money from the borrower, in his example the home seller, and is also considered part of the money supply.
Wrong, rob. The cash to the borrower comes out of bank profits…. which might or might not be from the bank’s reserves. The difference is inconsequential.
paper to crypto currency will take us further away from reallity…
Yes, we need to go back toward what have always been considered tangible assets, like goods and services sold, currencies backed by precious metals and real estate. Things you can touch.
Not paper or internet / paperless “statements.”
We see what happens when paper / paperless statements are provided with no value behind them. Think Bernie Madoff.
When people started clamoring for crypto currencies and celebrities began purchasing virtual artwork, I thought they were absolutely nuts!
Just read this comment on another site —
“Get yourself a conspiracy theorist friend. You’re going to need one to understand what’s about to happen.”
We are waking up.
The Great Awakening!
“Right now, is the time to take back control of money – its creation, its value and its flow. By so doing, we can begin the task of regaining control of our world.”
HOW???
why do they always leave that part out..?
that unanswered question, is why nothing NEVER EVER changes.
The one constant in the Universe, is change.
Only one thing in the Universe doesn’t change, and thats its creator.
Before we can get to taking back control of money, we need to take control of Government.
And that is BEGINNING to happen, all over the World.
Stop buying cheap sh*t on credit.
Get rid of any debt asap.
Save to buy assets that will hold/increase in value. eg property/gold/collectables
Buy the cheapest car your ego can live with. Pay for it with cash.
HOW??? Same as anything else. Stop giving your energy to something you don’t believe in. Starve the beast.
We will need to take back control of our legal and political representation, first of all. Then we will need to rebuild our economic strength with our own two hands, our own God-given brains and our own sweat equity.
The bottom line is we don’t have to live like serfs to some shadowy global elite. President Trump knew that rebooting our own Main Street economic engine would wrest back financial control to the American people.
Can we accomplish this against the political will of tyrants? Probably. But it will be that much harder to pull it off.
It’s about time that People find out the truth about how the Bankers created this monetary mess. Even God in the flesh turned over the money changers (Banksters) tables and cursed them to boot, in the Bible. They are the most selfish, discussing, Ripp offs, and immoral, Slave holders and swindlers that ever stunk up Society, on Earth. I truly HATE them, and I am NOT the hating type. Please wake up People and don’t allow them to completely destroy are lives ANY LONGER!!
You have to grow up a bit.
No economy can grow without debt financing.
You would not be able to buy a house without it…ever.
Lenders provide that service.
Unfortunately we are not able to participate as partners in their outrageous money creation privileges.
True, but why not have a system similar to what the Founding Fathers intended.
Neils heart attack and crippling stroke arrives in…. 3…2…1.
I hope he has protection.
Neil always has a great discussion on these videos. However, in this video, he stops speaking before the most important part of this discussion. The most important part would be, after understanding the history of banking, is HOW do you take back control of this???
(This is not an advertisement, nor am I connected in anyway to peakprosperity.com) –
But, anyway, Chris Martenson has done an excellent job in assembling the ‘how things work’ information in his ‘Crash Course’, available for free here:
https://peakprosperity.com/courses/crashcourse/
I think he’s reworked it, I viewed the crash course a few years ago and found it excellent and enlightening. His view on energy, likewise, is interesting though I find myself wanting to raise my hand and say ‘but, what about…’. Further, he led us (my family) through the ‘pandemic’ with his research into the virus during that time.
It’s called in America, fractional reserve banking.
Neil Oliver is wrong. The banks don’t own the money that they create when they make loans. There are good reasons to be opposed to a digital dollar, but this isn’t one of them.
I am much more concerned that there are too few loans. Not too many. The big banks are colluding with each other by withholding loans to oil and gas drillers. The Heritage Foundation has been on the story. See:
https://www.americanthinker.com/blog/2022/09/net_zero_is_bad_for_business.html
check out Catherine Austin Fitts on this……….. “Cash Friday” her bona fides and qualifications are excellent
Most people do not understand economics. Banks can either charge you to safe keep your money or they can charge you to loan you money. It was a pretty smart business plan to charge you for the loan.
Who sets up the “private banking system”? The legislature. Who approves the people to serve on the Fed? The legislature. We are 31 Trillion in debt on the books . Who spent the money? The legislature. We are another 100 Trillion in debt off the books. Who spent the money. The legislature. Who does the legislature want you to blame? The Fed. The people standing behind the curtain are Democrat Politicians but they want you to tar and feather the bankers.
“Right now, is the time to take back control of money”
How?
The legislature must spend less than it takes in and use the excess to pay down debt. Just like you and I do.
“It’s a Wonderful Life” is no longer my favorite Christmas movie.
But the real money creation starts when the Gov’t funds its over spending stupor. The notes and bonds are sold via the wall street banks, creating tons of more $ out of thin air, all the while they profit by performing the market operations of the US Gov’t.
“The Mafia, CIA & Geo Bush” by Pete Brewton on the $600 billion intentional Savings & Loan heist of the eighties. My firsthand account of multi-level racketeering by all branches of government in Houston, Texas > https://bit.ly/JoeOlson2
The Central Bank Digital Currency – extended to absolute central control is all foreshadowed in this movie: In Time
https://www.imdb.com/title/tt1637688/?ref_=tt_urv
We have had enough of the globalists and their ill thought out environmental theories that are destroying our way of life.
Fun Facts from the Treasury Department Bureau of Engraving & Printing:
Figures for fiscal 2020 (they haven’t posted annual report for Fiscal 2021 yet)
2020:# of bills printed = 5,795,2000,000 // Dollar amount of bills printed = $188,230,400,000 or $188.23 Billion
If every bill printed was a $100 dollar Bill the total currency value would equal $579.52 Billion. Now think about the amount of appropriations Congress spends every year. That $579,52 Billion would not even pay for the Military Budget much less anything else.
Current estimated dollar amount of currency in circulation is around $2 Trillion dollars. The $188.23 Billion printed in 2020 is barely enough to replace worn out bills that are in circulation. On average, the $5 bill last the least amount of time in circulation-4.7 years, the $100 bill last the longest-22.3 years.
Love Neil Oliver!
Audit the fed (Rand Paul in charge), then end it. ASAP!
Nice commentary by Neil, but he doesn’t give us the answer how to get the bankers out of our countries and out of our lives.
A lot of folks feel energized by speeches, oratory, all that.
Individually, we are easy targets. Collectively, we wield a lot of power. I’ll posit one path; the alternative economy. Deny the bankers the sweat off our brow and work diligently to deny them resources and, worst case, kill their soldiers.
No war was ever won with awe shucks. It takes suffering and killing. This one is no different, much as we can all pray for peace. This sticking point is the enemy is inside the gate, not in some distant spot of brown elsewhere on the planet. It’s here; now.
God bless them, plenty of people are making good money right now, enriching themselves while buying the enemy bombs and bullets and bioweapons, with their popular oratory. We won’t hear about that though. America.
Does anyone breathe about organized solutions? Those with a hand on this evil level of power, the the evil minions clamoring to be “in the club” with those whose hand is on the monetary lever — I think would seek to literally snuff out any person or organization with an organized antidote to restore the Republic of Washington, Jefferson, Franklin, and Adams.
In the trenches — we can barter. But you cannot barter unless you have workable skills. The more valuable the skills, often the more need for resources — which can be made scarce or out of reach by anyone seeking to manipulate value.
In the trenches — we can make our own neighborhood, our own family, our own economy. It may take an event like this to wake us up to the Spirit within us. I pray we can be grateful for the blessings of our forefathers, and our God — have have the passion to be effectively proactive to ward off the coming confrontations.
Keep imagining the picture and things are reduced to a evil dictatorship living in the short term off the meaningless lives (to them) of the serfs. More bricks and less straw.
We may be in a slow decline, or we could in a nuclear second be in Venezuela or Ethiopia. Hell there is already downtown pockets of Seattle, Memphis, Chicago, Detroit, and Baltimore. No matter where you look there are haves and have nots.
There is an opportunity between the stimulus and the response. — Victor Frankel
But the greatest of these gifts is Love — Apostle Paul
Love the Lord your God with all your heart, soul, and mind. … Love one another as yourselves. — Jesus the Son of Jehovah, the Great Spirit, and Abraham Lincoln’s Maker