Empire // Current TV

The Antiwar Comic: If I Wrote James Bond

America's transformation continues.

TonyDiGerolamo
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18 days ago
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12 Reasons Why SOPA is Worse Than You Think

In yet another attempt to ‘ensure our liberties’, congress is currently... more

shanklinmike
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22 days ago
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45 comments

Iraq celebrates U.S. withdrawal

Iraqis burned American flags, brandished banners and thronged the streets of the... more

JanforGore
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1 month ago
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16 comments

Bomb, build and benefit: countries that bombed Libya now getting contracts to rebuild it

NATO may have ended its operations in Libya, but the Western presence is far from over... more

JanforGore
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3 months ago
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14 comments

The Plight of Mariestown

When people cannot for some reason govern themselves – they turn to a small... more

shanklinmike
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3 months ago
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51 comments

Objections To The Freedom Movement - A Voluntaryist's Response

Anarchist Artist Victor Pross takes on a few common objections to the idea of a... more

shanklinmike
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3 months ago
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17 comments

Anarchy Is Choice

Anarchy is simply free choice.... more

Polochick09
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3 months ago
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12 comments

The Tender Side of Stormtroopers (PHOTOS)

They may be the universally recognized enforcers for the Emperor’s dastardly... more

StewSteve
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4 months ago
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Taxation Isn't Just Theft, It Is Also Armed Robbery and Kidnapping

Taxation isn't just theft, it is armed robbery and kidnapping. It is terrorism on... more

Polochick09
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4 months ago
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103 comments

Occupy Wall Street: An Anti-State/Freedom Perspective

The hyphenated anarchists can be a combative bunch. I’ve done my share of... more

shanklinmike
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4 months ago
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80 comments

Oil, Gas, and Government

After breaking $4 a gallon for a short time in may, the steady decline in gas prices... more

shanklinmike
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4 months ago
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Oathbreaker!

“I, David P Shirk, do solemnly swear that I will support and defend the... more

shanklinmike
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4 months ago
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64 comments

Libya - The launch of the strategy NOONA MIME - Moussa Ibrahim on Raai TV 01.10.11

Peace be upon you. ..... I was near the Sirte front with 23 fighters. We were under... more

worrg
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4 months ago
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NATO Defeated at All Fronts exept for War of Lies + SPEECH OF AISHA GHADAFI

While NATO is winning the war of lies and the diplomatic battle at a U.N. that has... more

worrg
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5 months ago
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10 Years In The Middle East Is Far Too Long – AntiWar

October 7th 2011 will mark the 10 year anniversary of the war in the Middle East.... more

shanklinmike
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5 months ago
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26 comments

The Failed Policy Called Government

Methodology – a set or system of methods, principles, and rules for regulating a... more

shanklinmike
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5 months ago
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46 comments

Audit: USPS spent $4M on 'nothing'

The U.S. Postal Service, which expects to lose $7 billion this year, spent $4.3... more

shanklinmike
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5 months ago
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104 comments

Mark Schmidter & Julian Heiklen Arrested For Using Freedom Of Speech

Julian Heicklen was arrested and sentenced to 145 days behind bars. His offense?... more

shanklinmike
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5 months ago
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48 comments

Economic Suicide: Why Easy Money Ends Up Being Worthless Money

Whoever would have thought in the 1980’s that a free market capitalist and a KGB agent would have arrived at the same conclusion being from opposite views and backgrounds? When I was pinging emails back and forth with Igor Panarin, I was attempting to find out more details on how he predicted the collapse of the U.S. Empire in 2012 – a stance he took as a KGB agent in the 80’s. What I found most interesting was that his claim was based largely on our economic policy combined with our foreign policy.

He mentioned that it was during the 80’s that the loss of economic power in Russia was realized due to the centralized monetary policy, and foreign policy of Russia. While Panarin is definitely no fan of free market capitalism (a fact he makes plain in his writings and speeches), he at the very least made it clear that a nation that employs a centralized monetary policy in the hands of private banks, will always carry negative impact to the host nation. And for the record, the free market capitalist was a much younger Ron Paul (and yes, they laughed at him then to).

One primary reason for this is that the banks that control the economic policies of the host nation have no real loyalty to that nation – their one goal will only be to bleed it dry before moving onto the next up and coming nation.

It always starts the same way. The banking board will assume control of the nation’s money policy claiming that they will both provide stability to its currency, and maintain a stable market atmosphere. Typically the nation that allows this has a good supply of gold. The banking board (in our case the Federal Reserve), will start out by basing the value of the nation’s currency off of the supply of gold it has (being that gold is the most highly valued of all common commodities). This is the beginning of what is known as a specie backed currency.

Over the following decade(s) of its implementation, the central banks realize that they will not be able to make much more profit should the fiat currency remain based on a set amount of specie. After all, specie itself is rare, and not easy to come by. So they tout to the host nation that for its lending to expand (and thus produce growth) to a meaningful extent, that a new economic policy must be adopted. The only way for the central board to maintain its hard valued income, is to use fractional reserve banking. This means that it no longer lends out only the money it has, but adds more money to the books, and only requires that the branch banks have 10% in reserve. Put even more simply, it means that for a branch bank to get 10,000 dollars to lend, it only needs 1,000 in its reserves.

Most people never even bother to think about this, and then wonder why this technique faces so much opposition. After all, they are told that the central banks allow for lending needed for economic growth. They are told that with this system, companies and individuals alike may borrow money, and use it to invest in a potential increase in productivity. Indeed having such available credit with little money down seems like a dream come true. Increasing the false feeling of prosperity is the rapid expansion that follows – usually due to a new technology or booming market sector. Thus people accept it as being the perfect system that allows a people to live civilly and comfortably at the same time. When this mindset is adopted, the damage starts and never ceases – here’s why.

People overlook the fact that in such an economic scenario, that the money lent out does not physically exist – and is nothing more than some entries on a ledger. These entries are not available for public view, and are only able to be tracked on the website as to the money supply in general. It is important to note that the amount of currency printed differs greatly from the money supply on the books. Our Federal Reserve is the perfect example of this full scenario.

Over this time, the host nations gold supply dwindles to a fraction of what it once was. War expenditures, payments to the private central bank for its services etc, have all contributed to this. Thus the next problem is realized for the red flag it should have been all along – that is the host nation now only has paper to pay its debts. Being that the gold supply is now insufficient to payoff these debts, the government of the host nation makes the blunder of taking the last remnants of its wealth off of the table completely, and bases its currencies value off of the nations productivity in general. It then crosses its fingers and hopes that the productive capacity of the nation stays high and maintains growth in line with the inflation of its paper currency. This is where things grow from bad to worse.

In a nation where people are comfortable in the idea that the government is comprised of worthy leaders, and looks to them to solve every problem under the sun from poverty to obesity to regulating entertainment, this gets very bad very quickly. As the host nations money is worth less, foreign goods that the people have come to value so much goes up in price. Ditto with energy as the nation relies on foreign oil etc. The people of said nation love their environment and equality regardless of merit, so they refuse to drastically cut taxes on businesses, as well as regulations on energy production here at home. After all, without all that funding, how on earth could their government continue to be benevolent to the poor and oppressed by the greedy capitalists here at home and the evil warlords overseas? Also the environment is in great danger, so we cannot possible allow for private entities to see to our energy needs on our own soil. So people do as they believe is right, and turn to their elected ‘leaders’ to help.

The leaders help alright. They cannot tax people enough to meet their current demand (let along future expenditures) without inciting a full blown revolution and wide spread riots, so they increase their amount of debt. Because the central bank has its false wealth tied up with the governing bodies, the lending in the private sector continues to lag – which is not usuall.....

.........Funny how we have claimed a free market system for nearly the last hundred years, but have actually had a de facto nationalized banking system at its core.....

http://peacefreedomprosperity.com/5562/ecomomic-suicide-why-easy-money-ends-up-being-worthless-money/Whoever would have thought in the 1980’s that a free market capitalist and a KGB... more

shanklinmike
added this
6 months ago
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23 comments

Fourth Reich in Disguise - how Germany is using the financial crisis to conquer Europe

Crisis meeting between Angela Merkel and Nicolas Sarkozy was arranged before the... more

worrg
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6 months ago
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