Topic: Smoking gun of the world system? (Read 1566 times)

Unfortunately, the idea that the government (ie without the central bank) can produce its own money and owe no interest is not really viable.  The state knows, in its heart of hearts, through the course of history, that with such a direct license to print money, it would quickly succumb to the temptation to print, and lose the confidence of the public in the currency, in which case the power would be gone.

Instead, it enlists innovative bankers, in it for their private profit, to come up with novel ways to convince people that the money is a safe place for their savings.  The huge pool of money in the world doesn't look so big when there are so many highly-valued financial assets (stocks, real estate, bonds, interest yielding bank deposits, what have you) out there that you can buy with the money.  If money could only buy real goods and services, it would be clear that there's too much money compared to what it could buy.  Never mind that the value of these assets are also propped up by all sorts of public policy.  The idea is to make things complicated enough that most people don't see through the scheme.

Monetary creation, quite simply, is an addictive drug.  The best money creators (Britain and the US) are able to find ways to slow the addiction down with central-bank-maintained discipline, at least initially.  But it makes no difference in the end, as all they can/could do is to enable the money bubble to blow bigger before its collapse.

In "reality": The top ~3 or 4 families promote "the 12 or 13 families/bloodlines" conspiracy theories, just to keep us confused. 

(Blue colorization added.)

Well the only way to remedy that is if the rest of the population wake up and storm the Bilderberg Group yearly summit. That's where all the lizard families have a hangout to see what they will do with us little people next and where they will create the next wars etc. If everyone is too busy watching the Kardashians and every other shitty reality show we won't see much change just yet sigh.

Sorry guys, I've been busy for a few days.  After reading all your replies, here are a few thoughts of mine, partially to clarify what I might have missed explaining clearly:

- The one thing I thought few people understand (even in this forum or among the super-educated or super-rich) is that the state needs the banks.  Most people who follow the news know that banks need the state (to prop them up with taxpayer money, to apply loose regulation, etc.) but the state needs the banks to prop up state-issued money and debt.  This is key.  Many people think that if the government would just take back the power and wealth from the banks, all would be fine.  The truth is that it doesn't want to, unless the public wakes up.

- I don't believe there's necessarily a conspiracy in the conventional sense.  This "conspiracy" runs on power and lack of public awareness, and not primarily on secrecy.  As one reply mentioned, at best it's a loosely connected group with diverse loyalties and opinions, too big for any conventional conspiracy.  But this doesn't mean that the most important elites can't coalesce (more or less) around a key issue from time to time.  Two things immediately come to mind to illustrate this:

    1. Before the collapse of 2008, no one of great importance from the political and financial world warned the public.

    2. For decades before 2008, people had been using money market funds as if they were as safe as bank deposits (most of which is backed by deposit insurance in the West.)  No one of importance warned that there is absolutely no legal or public guarantees for these funds, until the crisis broke and one fund couldn't pay out 100 cents on the dollar (whereupon the Fed declared unlimited support for these funds.)

- If we are to have any hope of fixing our system, we have to understand the basic shape of this (loose) alliance, and also understand that, as a democratic public, we are actually at the center of the problems, and also have a lot of power.

Because the government is run by these guys.  Almost all politicians are taking bribes from them.  And it is not just in developing countries that corrupt politicians and their relatives screw the system.  The average person in the usa exists in a suburban bliss and does not look too far outside of their little communities.  When I tell people what has been done they look at me like I am saying I was abducted by space aliens or something.  Its embarrassing sometimes.

Well said. I just want to add that people who are oblivious enough not to see connection between elites in power and top branches of political and financial institutions are being simply blind.
Everything is connected, these people knows eachother, system is working fine. Even after serious crisis like that economic collapse in 2008 people responsible for this are not being prosecuted and never will be.

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aso118

The government will not do a clean-up job re Goldman Sachs, AIG, Morgan Stanley, JP Morgan Chase, etc.  Because these huge financial institutions have LOTS of power, $$$, and influence in the political system.

Actually, username18333 put it rather nicely showing the definition just above of plutocracy: rule by the rich.  To a degree this has almost always been true, someone after all always winds up on top, those on the bottom get screwed.  Even in the purported Socialist and Communist countries, the powerful always got the goodies from the rest.

Public opinion only matters in extreme cases.  We are not there yet.

In developing countries, it is corrupt politicians and their relatives who screw the system and manage to get away. In the US, it seems to be Goldman Sachs employees. If public opinion is so strong against these guys, what prevents the government from doing a clean up job?

It isn't a conspiracy theory that Goldman Sachs basically runs the USA government.  Why did no one go to jail?  Hank Paulson was CEO when Goldman was making all of these derivatives and then betting against them with AIG.  Who got appointed to government to oversee the crisis?  Paulson.   Look at who is appointed to what, and if it is a financial position it is usually held by a former goldman guy.

So yeah, Paulson isn't going to send himself to jail.  If you want to see a really good documentary on the subject check out "Inside Job."  It is a really good film, but also frustrating to watch.  And this is a global problem not just a USA problem.

Bitcoin distribution is far from what we know "fair", but how can we have a monetary system that is fair? And what is fairness? Because even if it sucks if you are not an early adopter, it's far that those that took the higher risks (super early adopters buying BTC when it was literally worthless) get the highest rewards. For me is the most fair monetary system ever. And that is coin distribution, the rules are the same for everyone, unlike fiat currencies, where everyone is involved into the scams and rigging of the very fundamentals of the system.
~20% of US senators are tribesman. The Fed is like 60%, including most of the last few chairmen (er, chairpersons). You've got AIPAC and the lobby controlling much of our ME policies. Large swathes of the media are also under their purview (Sulzbergers at the NY Times, all the networks, CNN, even Ailes at Fox (who are staunchly pro-Israel & neo-con, if right-leaning on financial issues) + all of Hollywood.

I agree with,politics and financial sector it is kind of coalition,Lawsky is very inteligent man and great bitcoin advocate.Now there ischange on horizon in Europe,European citzenship movement is rising,but nationalist movement is also rising,so there islso a conflict  .MrPutin is playingon that,together with debt crisis it is preety dangerous
But that what EBC is doing with EU economy ,printing 60BLN euro per month,that is crime,look to me like organised crime

No.... they easily could not..

This is why Bitcoin is so amazing.  This if the first thing the 1% of the 1% have not had an Iron grip on for thousands of years.  YES THOUSANDS...

They do have a grip on it however and it is strenghtening.

If anything, they could easily buy the entire bitcoin supply.

And they still would be okay, if the bitcoin failed on them. they own like more then 1 monopolies. They even named roads after them..

One of the 12 families is already in a documentary, its in a netflix.

Outside from the rockerfellers, its the rothschild that owns almost everything. Its the 1% of the top 1%.

Im no theory conspiration guy myself, but as someone pointed out, 12 families own most of the wealth in this world which is insane. Sure, Bitcoin is distributed in a similar fashion, couple guys im sure that own shittons of BTC, but the edge on fiat is, the BTC system cannot be modified, while they can create money out of thin air. The Bitcoin whales will never be able to modify the supply at their expense.

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Well, here are my thoughts on two issues raised in this thread -- nicely done, BobK71.

1)  Very true that NO ONE of significance has been thrown in jail during and since the Financial Crisis (2007 - now).  That is very telling and very troubling.  There are indeed people TBTJ (Too Big To Jail).  The 0.01% (the latest buzz-number re the very rich and very powerful) has gotten quite rich, while everyone else has had stagnating (or worse) incomes in recent years.

2)  It may be that a number smaller than the 0.01% I mentioned above "control" the financial system.  But, these guys are NOT united.  They are broken into factions, IMO.  Yes, they have an interest in keeping "getting wealthy" more difficult by outsiders, but they have a lot of infighting and such differing views (political, economic) as well as different levels of energy and knowledge that thinking of them as monolithic is a mistake.

*   *   *

-- The 0.01% (roughly) control huge amounts of wealth

-- The next 10% or so control most of the rest, some of them depend on serving the 0.01%

-- The bottom 80% or so have great challenges in getting wealthy.  Yet I believe that it can be done by most (Americans anyway).  By doing it the old-fashioned way:

a) Stay in school, get that degree (or certification in a trade)
b) Do not have children before you get married
c) Do not quit ANY job until you have a better one all lined up.

a, b and c are enough (can be hard and take a long time though) to allow any American to attain "The American Dream" (a reasonable middle class lifestyle) barring aberrant behavior and/or bad luck.  Again, to do all of that requires sacrifice and hard work over a long period.  Sacrifice and hard work for long periods are not trendy now...


EDIT: d) Stay out of debt too (or keep it low)!

Well, if you do prosecute the top management of banks, think of how the market would react.
You would be creating the very shocks that you have been trying hard to avoid.

There is a very big coalition who rules the world by fiat money system. A coalition I'm talking about very well mentioned by M. Rothbard "Anatomy of the State" article. It is not a conspiracy theory. It is reality. And yes this big coalition also confuse people's minds by promoting the 12 families or Illuminati conspiracies. They are (statists) very successful to design societies by manipulation.