Quote:
Originally Posted by bluestix
All Money is "Invented Money".
Read up on Fractional Reserve Banking.
"Money" is a Babylonian Dark Magic system that the Bankers use to trick the people into trading real wealth and labor for nothing.
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I would say that paper money has no intrinsic value, if compared with precious metals such as silver and gold. Therefore, it is much easier for bankers to manipulate economy and society with paper money, and the manipulation is difficult for an average person to detect.
Just as George Green said in his interview, very few people even in the banking industry can clearly explain what money is. I don't fully understand money either, but I think money is a medium for the exchange of goods. It is necessary to facilitate commerce and production in human society.
Money itself is not the problem. The real problem is the people who abuse and manipulate money, i.e. the bankers and politicians.
True, paper money has no intrinsic value. However, financial derivatives are even further away from reality. They are instruments created solely for the benefit of the financial casinos, be them swaps, futures or options. The derivatives markets have grown into a $690 trillion bubble, which completely deviate from the true value creation of the world, which is measured at only $60 trillion in global GDP.
I deal with futures in my work. I once asked a Dutch steel mill why they never used steel futures to "hedge" their price risks. The GM of the factory smiled and told me: "We don't use those fancy stuffs. For the near term price fluctuations, we just stick it out." I think he sure is a wise guy.
The owners of the financial casinos will do whatever they can to attract you into their game, in which they always earn money no matter you win or lose. More specifically, the American "casinos" have absorbed huge amount of "investment" from all over the world, including "dirty" money from drug trafficing and arms dealers. The invested money was used on US military complex, the black ops and the expansion of secret services. When the foreign investors want their investmen back as cash now, it creates a huge solvency problem for America, because the money has been spent.
Gone Baby Gone.
