What Is Money ?Well, it's basically a piece of paper with images and text printed on it. Despite all the BS about currency as the reflection of the nation's economy, the backing of reserve assets, this bank note you are looking at is nothing more than that: a piece of paper with ink on it.A pre-1971 $20 note. Notice the mentions "gold certificate" and "twenty dollars in gold coins payable to the bearer on demand"Think about it. For the banksters to print a 20 dollar bill, all they need is paper and ink. How much do you think it costs to print a 20 dollar bill, considering that millions are printed at a time? About 10 cents. But when this note is presented to you, it has magically become worth 20 dollars of very real work, goods or services. The same goes for 50, 100, 500 etc. bills.That's the most important thing to understand: money is created out of nothing. But the lie is so big, so repellant to the mind that we have much difficulties accepting this fact.Of course it hasn't always been this way. For most of modern history banknotes were backed against a tangible asset, usually gold. So you could go to a bank and exchange your note for real physical gold (see picture on the right). But since 1971 the dollar is not convertible into gold anymore. It is backed by nothing.So its only value is the one we ascribe to it. Collective belief is a prime factor in the kind of magical economics we're talking about here. Market sentiment is a powerful factor for the best and for the worse. I will develop this point later.Who creates money?Money creation can be a good thing. In the past, nations could directly create money as a fair reflection of their economical states, interest free, in order to stimulate their development. But the time of sagacity in economics is long gone. Today, nations borrow insane amounts of money, with a positive interest rate. This money is created by a few private banks, also known as central banks and does not even reach the citizens pockets. Yes you read it right, this bank note you are holding was created by a member of the financial 'elite' out of thin air. But the sweat, the energy, the work you spent to earn it is very real.The fallacy used to justify the printing of money by private banks is that governments are unwise and if they were allowed to print money, they would create far too much and destabilize the market. That is a lie, the record for the most money ever created at one time occurred in the aftermath of 2008 crisis (see "quantitative easing", another jargon term that simply means "print like crazy") and it was private bankers, not governments, that created it.How much money is createdGrowth of M1 (red) and M2 (Green) monetary mass indicators (1981-2013)The short answer is: "We don't exactly know but it sure is a lot". The quantity of money is called "monetary mass". Depending on the kind of money (coin, note, travelers check, credit card, saving, etc.), monetary mass is divided in sub-groups labeled M1, M2, M3, etc.The problem is that the US Federal Reserve, (which is not American, federal or a reserve, but a private bank serving exclusively the interest of its owners) stopped publishing the figures relative to the total amount of money it creates. Only partial figures (M1 and M2) are disclosed and they show a dramatic unsustainable increase. But M3, the most extensive indicator, has not been released since 2006.Why not publishing M3 if its level was reasonable?Read More @ http://www.sott.net/article/290835-2015-the-BRICS-checkmate-Western-financePLUSWORLD BRACES FOR END OF FED'S 'EASY MONEY'“Tightening by the U.S. Federal Reserve will have turbo-charged effects on a global financial system addicted to zero rates and dollar liquidity.”Supporting his concern, yields on 2-year U.S. Treasuries have surged from 0.31pc to 0.74pc since October, and this is the driver of currency markets.Under the leadership of Federal Reserve chair Janet Yellen, the Fed has engaged in a “pivot,” shifting concern from stimulating job growth to worrying about inflation, with the concern that without a tightening in Federal Reserve monetary policy, the U.S. economy could experience inflation as high as 5 percent in the next two years, a level not experienced in the U.S. economy since 2005.Read More @ http://nesaranews.blogspot.co.uk/2015/01/world-braces-for-end-of-feds-easy-money.html?m=1
E-mail me when people leave their comments –

You need to be a member of Ashtar Command - Spiritual Community to add comments!

Join Ashtar Command - Spiritual Community

Comments

  • Money is the ROOT OF ALL EVIL ..Money system has been misused and has become CONTROL, GREED AND CORRUPTION
This reply was deleted.

Copyright Policy: Always Include 30-50% of the source material and a link to the original article. You may not post, modify, distribute, or reproduce in any way any copyrighted material, trademarks, or other proprietary information belonging to others without obtaining the prior written consent of the owner of such proprietary rights. If you believe that someone's work has been copied and posted on Ashtar Command in a way that constitutes copyright infringement, please Contact Us and include the links to these pages and relevant info. 

Latest Activity

Drekx Omega left a comment on Comment Wall
"ET Hugger said: "Try to make sense of this: Antifa protesters are demonstrating against the global elites that have gathered at the World Economic Forum's meeting in Switzerland.
My take: Fake protests. Mindf*ck 2.0"

Drekx reply: Yup, it's a…"
8 minutes ago
ET Hugger left a comment on Comment Wall
"Money in the pocket for the vaxx industry."
56 minutes ago
Roaring Lovely left a comment on Comment Wall
"Where is human being comming from and where is he going to? Thats the good question that many people don't ask themselves!"
1 hour ago
Drekx Omega commented on Drekx Omega's blog post One Rebel Star Should Fall From The EU Flag's Circular Constellation and Rise Anew With Greater and Brighter Light
"Looks like the imbecilic Biden regime, in the US, have managed to unite Brexiteers and Remainers, over their cack-handed interference in the UK/EU NI Protocol talks....Of course, by taking the side of Ireland and the EU, against the UK, they are not…"
1 hour ago
Roaring Lovely left a comment on Comment Wall
""AlternateEarth May 22, 2022 at 6:16pm
could you imagine what's in the monkepox 'vax' -add that to mnra 'vax'"

Probably this 'monkey pox' virus was in the covid vax!😆"
1 hour ago
ET Hugger left a comment on Comment Wall
"Try to make sense of this: “Antifa protesters are demonstrating against the global elites that have gathered at the World Economic Forum's meeting in Switzerland.”

My take: Fake protests. Mindf*ck 2.0…"
2 hours ago
Drekx Omega left a comment on Comment Wall
"AE said: "drexk-monkey business now forcing new yorkers to mask up again"

Drekx reply: Well I'm amazed that New Yorkers are so supine in following these dictatorial rules....Defy these evil clowns in charge...Be Americans....💪

And watching that…"
2 hours ago
Drekx Omega left a comment on Comment Wall
"Well, the monkeypox itself is similar to smallpox...And the vaccine is probably far worse...I currently don't know what's in it and I don't really care, as the sick minds inevitably behind promoting it, will be enough to tell me to KEEP WELL…"
3 hours ago
More…