Money use to be basically Metal Based; Gold, Silver, Copper, etc. And then it was Paper Based (Fiat Money), based on nothing. Now it’s based on even less than paper…it’s all, or mostly Digital Money.
95% of the money across the world is digital or on some sort of promissory note.
The remaining 5% is in the form of physical cash, which are again promissory notes but it can be treated equivalent with value because it is universally accepted.
But then, if both physical money and digital money are some kind of promises, what’s the difference?
Follow this video, if you want to dig up more on this – Virupaksha Swamy, Graduate Student at University Of Southern California.
Money As Debt
Essential viewing on money and the banking system. Money As Debt is a fast-paced and highly entertaining animated feature by artist & videographer, Paul Grignon.
It explains today’s magically perverse DEBT-MONEY SYSTEM in terms that are easy to understand.
Bankers create new money out of ‘Thin Air” through LOANS! Mainly at a 9:1 ratio. But it can be a 20:1 or 30:1 ratio, or much more. And even the :1 dollar it is based on is created out of thin air.
This is done through the Debt-Based, Fractional Reserve Lending System. And all of it was created ‘FREE’ out of ‘Thin Air’.
Bankers use this system to create “Perpetual Debt Slaves”.
Money is called; “The ‘New’ Form of Slavery”, and a “Invisible form of Economic Dictatorship.”
But if money is in reality, nothing more than digital numbers floating around in the air…1’s and 0’s, then in reality, people are dying, suffering, losing homes, starving, etc…over virtually nothing! 1’s and 0’s floating around in the air. It’s the act of ‘insane people’.
International Monetary System – New Economic Slavery
The Goal is Simple. To take that River of Invisible Digital Slavery Money that is headed to the 1%, an Divert 90% or more into the hands of the American People. The only real question…is HOW?!
That’s the simple answer. The truth is the Diverted ‘Debt-Based’ Digital Money will be Converted into ‘Debt-Free’ Digital Currency, issued by the Governing Body.
All this Invisible ‘Debt-Based’ Digital Money works it’s way up to the Bankers and World Bankers and those who created and control this Perverse Debt/Slave-Based Financial System.
Will we be taking anything from the Bankers? No and Yes.
I personally don’t care about bankers and what they have. They can keep they’re ill-gotten wealth, as far as I’m concerned.
But, we will be taking from them “Any Future Promises of Future Debt based Slavery on the part of “All American Citizens”. We will not be the Slaves of bankers and those who control them, in Any Way!”
Everything they have was achieved through Fraud and Deceit! If we took everything from them…everything they have was created by money they created freely out of thin air…out of nothing.
Now it’s our turn!
And here’s where the Fun Begins…HOW?
Create a new policy party: The “American Citizen’s Policy” Party or the (A.C.P.), and have them solicit bids from all sources on a DIGITAL DIVERGENT/CONVERGENT Plan.
NOTE: Since the A.C.P. doesn’t have it’s own website yet, the True Democracy Party, will host them.
Solicit Bids from the U.S. Public and any sources available. From 4 to 14 Sources will be selected.
Bids will be no more then 2 standard pages long.
If you can’t convey your thoughts on this subject/plan in 2 pages or less, you aren’t the one we are looking for.
Example; A Basic Plan
1) Every U.S. Citizen making less than $100,000 Thousand per month income, will receive $2,000 Dollars per month in Debt-Free Digital Currency.
If you want to work, you will have more.
If you don’t want to work and start your own business, or just sit around the house. You will still be helping the economy. Even if you sit around; you need to eat and live. You will spend your money on your own survival, and thus, when you spend, you will be paying others to provide products and services. I.E. helping the economy.
2) All Mortgages (Death Pledges) on Primary Residence will be “Zeroed Out”. Secondary Residence, at your cost!
The Governing Body will help you once each to ‘start a business’ and ‘own a home’ with simple 1 time only monetary gifts.
3) All TAXES will Cease for All American Citizens. There will be no need of taxes when the governing body can simply pay outright one time to get something done with it’s own Debt-Free Digital Funds. It will employ people “American Citizens Only” to do what it needs done for U.S. Citizens.
Versus: Borrowing the Same amount of digital debt-based money from the Federal Reserve, A Private Bank with a deceitful name. And having to pay it’s own money back, with interest! As well as having the banks make up 9 to 30 times that amount out of thin air and weakening the dollar and creating inflation in the process.
4) End the Fraudulent Banking Practice of Fictional “Fractional Reserve Banking”.
And all done with a few computer key strokes
5) An Act Of Congress
Only The U.S. Congress has the Constitutional Right and Mandate to make these changes.
Time to ask all Congress people and those running for political office; “What are you going to do about the debt slavery of Americans to invisible digital debt-based money?
We expect you to replace this system that creates “Perpetual Debt Slaves” of American Citizens, or we will replace you with someone who will!
This ‘New’ Form of Slavery”, and “Invisible form of Economic Dictatorship, MUST NOT STAND!”
Just an Example 🙂
End Part 1
Misfortunes often sharpen the genius.
All sunshine makes the desert.
A wise man adapts himself to circumstances as water shapes itself to the vessel that contains it.
There can be no rainbow without a cloud and a storm.
J. H. Vincent
Problems are only opportunities in work clothes.
Henry J. Kaiser
What is defeat? Nothing but education; nothing but the first steps to something better.
Adversity is the first path to truth.
Adversity introduces a man to himself.
Good fortune and bad are equally necessary to man, to fit him to meet the contingencies of this life.
It is interesting to notice how some minds seem almost to create themselves, springing up under every disadvantage, and working their solitary but irresistible way through a thousand obstacles.
The man of virtue makes the difficulty to be overcome his first business, and success only a subsequent consideration.
All misfortune is but a stepping stone to fortune.
Henry David Thoreau
Fractures well cured make us more strong.
Ralph Waldo Emerson
Adversity is wont to reveal genius, prosperity to hide it.
Aspiring minds must sometimes sustain loss.
Adversity is the mother of progress.
Success in the affairs of life often serves to hide one’s abilities, whereas adversity frequently gives one an opportunity to discover them.
Look not mournfully into the past, it comes not back again. Wisely improve the present, it is thine. Go forth to meet the shadowy future without fear and with a manly heart.
Henry Wadsworth Longfellow
Every calamity is a spur and a valuable hint.
Ralph Waldo Emerson
Difficulties strengthen the mind, as well as labor does the body. – Seneca
Times of great calamity and confusion have ever been productive of the greatest minds. The purest ore is produced from the hottest furnace, and the brightest thunderbolt is elicited from the darkest storm.
Charles Caleb Colton
The gem cannot be polished without friction, nor man be perfected without trials.
Obstacles are great incentives.
There is no excellence uncoupled with difficulties.
I think the challenge is to take…difficult and painful times and turn them into something beneficial, something that makes you grow.
If we had no winter, the spring would not be so pleasant. If it did not sometimes taste of adversity, prosperity would not be so welcome.
Surmounted difficulties not only teach, but hearten us in our future struggles.
The rays of happiness, like those of light, are colorless when unbroken.
Henry W. Longfellow
This post was graciously contributed by Michael Snyder and originally published at his Economic Collapse blog.
Editor’s Note: Are we slaves today? Or are we free men? The question might sound insulting on many fronts: of course we’re not slaves – we make our own choices on the free market as to what to eat, what to wear, where to go, what to do for fun and the like.
Moreover, comparing our current condition, even if not ideal, to the slavery of days past when people were put in chains and treated as subhuman seems insulting to those who endured it.
But for those brave enough to face the question, perhaps you have realized that this era is one of economic bondage, of slavery primarily through financial means. Just as many serfs and indentured servants were, we are free to move about, but yet we are not free. With mountains of debt saddled on the vast majority of us, and a long chain of taxes and conditions blocking anyone from true ownership and true prosperity, we dare not call ourselves free in our true heart of hearts.
There is something better, and we know it. Those who read this blog know that we are being controlled and manipulated through our financial system, our fiat currency and the invisible chains of debt. Until we address these factors, only a few can truly call themselves free…
Most Americans Are Slaves And They Don’t Even Know It
By Michael Snyder
Most Americans spend their lives working for others, paying off debts to others and performing tasks that others tell them that they “must” do. These days, we don’t like to think of ourselves as “servants” or “slaves”, but that is what the vast majority of us are.
It is just that the mechanisms of our enslavement have become much more sophisticated over time. It has been said that the borrower is the servant of the lender, and most of us start going into debt very early into our adult years. In fact, those that go to college to “get an education” are likely to enter the “real world” with a staggering amount of debt. And of course that is just the beginning of the debt accumulation.
Today, when you add up all mortgage debt, all credit card debt and all student loan debt, the average American household is carrying a grand total of 203,163 dollars of debt.
Overall, American households are more than 11 trillion dollars in debt at this point. And even though most Americans don’t realize this, over the course of our lifetimes the amount of money that we will repay on our debts is far greater than the amount that we originally borrowed. In fact, when it comes to credit card debt you can easily end up repaying several times the amount of money that you originally borrowed.
So we work our fingers to the bone to pay off these debts, and the vast majority of us are not even working for ourselves. Instead, our work makes the businesses that other people own more profitable. So if we spend the best years of our lives building businesses for others, servicing debts that we owe to others and making others wealthier, what does that make us?
In 2015, the words “servant” and “slave” have very negative connotations, and we typically don’t use them very much.
Instead, we use words like “employee” because they make us feel so much better.
But is there really that much of a difference?
This is how Google defines “servant”…
“a person who performs duties for others, especially a person employed in a house on domestic duties or as a personal attendant.”
This is how Google defines “slave”…
“a person who is the legal property of another and is forced to obey them.”
This is how Google defines “employee”…
“a person employed for wages or salary, especially at nonexecutive level.”
Yes, most of us might not be “legal property” of someone else in a very narrow sense, but in a broader sense we all have to answer to someone.
We all have someone that we must obey.
And we all have obligations that we must meet or else face the consequences.
At this point, Americans are more dependent on the system than ever before. Small business ownership in the U.S. is at a record low, and the percentage of Americans that are self-employed has fallen to unprecedented levels in recent years. From a very early age, we are trained to study hard so that we can get a good “job” (“just over broke”) and be good cogs in the system.
But is that what life is about?
Is it about being a cog in a system that ultimately benefits others?
Perhaps you don’t think that any of this applies to you personally.
Well, if someone came up to you and asked you what you truly own, what would you say?
Do you own your vehicle?
Most Americans don’t.
In fact, today the average auto loan at signing is approximately $27,000, and many of them stretch on for six or seven years.
What about your home?
Do you own it?
Most Americans don’t.
In fact, overall the banks have a much greater “ownership” interest in our homes and our land than we do.
But even if you have your home totally “paid off”, does that mean that you actually “own” it?
Well, no, not really.
Just see what happens if you quit paying your property taxes (rent) to the proper authorities.
So if they can take your home away from you for not paying rent (property taxes), do you really own it?
That is something to think about it.
What about all of your stuff?
Do you own it?
But a very large percentage of us have willingly enslaved ourselves in order to acquire all of that stuff.
Today, the typical U.S. household that has at least one credit card has approximately $15,950 in credit card debt.
And if you do not pay off those credit card balances, the credit card companies will unleash the hounds on you.
Have you ever had an encounter with a debt collector?
They can be absolutely brutal. And they use those tactics because they work. In fact, they are so good at what they do that many of those that own debt collection companies have become exceedingly wealthy. The following is from a recent CNN article…
Yachts. Mansions. Extravagant dinner parties. Life is good for the founders of one of the nation’s biggest government debt collectors.
That firm, Linebarger Goggan Blair & Sampson, rakes in big money from government contracts that allow it to pursue debtors over toll violations, taxes and parking tickets. While the debts often start small, the Austin-based firm charges high fees, which can add hundreds or even thousands of dollars to the bill.
After growing this business from a small Texas law firm in the late 1970’s to a nationwide debt collection powerhouse, the firm’s founders and top brass have walked away with millions of dollars.
And I haven’t even mentioned our collective debts yet.
We have willingly chosen to collectively enslave ourselves on a local, a state and a national level.
It is bad enough that we are doing this to ourselves. But we are also cruelly saddling future generations of Americans with the largest mountain of debt in the history of the planet. The following is from my previous article entitled “Barack Obama Says That What America Really Needs Is Lots More Debt“…
When Barack Obama took the oath of office, the U.S. national debt was 10.6 trillion dollars. Today, it has surpassed the 18 trillion dollar mark. And even though we are being told that “deficits are going down”, the truth is that the U.S. national debt increased by more than a trillion dollars in fiscal 2014.
But that isn’t good enough for Obama. He says that we need to come out of this period of “mindless austerity” and steal money from our children and our grandchildren even faster.
In addition, Obama wants to raise taxes again. His budget calls for 2 trillion dollars in tax increases over the next decade. He always touts these tax increases as “tax hikes on the rich”, but somehow they almost always seem to end up hitting the middle class too.
But whether or not Congress ever adopts Obama’s new budget is not really the issue. The reality of the matter is that the “tax and spend Democrats” and the “tax and spend Republicans” are both responsible for getting us into this mess. Future generations of Americans are already facing the largest mountain of debt in the history of the planet, and both parties want to make this mountain of debt even higher. The only disagreement is about how fast it should happen.
It is a national disgrace, but most Americans have come to accept this as “normal”. If our children and our grandchildren get the opportunity, they will curse us for what we have done to them.
So can we really call ourselves the “home of the brave and the land of the free”?
Isn’t the truth that the vast majority of us are actually deeply enslaved?