The whole modern banking and fiscus structure, and their modus operandi, should be outlawed. You should sometime Google the word securitisation ,to understand why less than 8% of the Worlds currencies has any form of tangible assets supporting them. In 1971, that crooked US President, Richard Nixon, unilaterally cancelled the direct convertibility of the US Dollar to its worth against gold. This was the start of the death of the Bretton Woods system and paved the way for the introduction of free floating currencies, whose worth were now determined, not by tangible gold reserves, but in its place by public sentiment, demand confidence, and hysteria. All pie in the sky type of stuff, which has ensured that the Worlds wealth remains under the control of a few of the wealthiest of the wealthy. Derivitives is another World-wide scam. And then, we have Futures too. This, like Forex Trading, is nothing more than legalised gambling. We need a new World Order without pieces of paper, negotiable instruments, and promissory notes all masquerading as wealth and causing rampant inflation. Pieces of worthless paper to everybody, but the very rich. What I am trying to illustrate is, that for example, a loaf of bread is still a loaf of bread, as it was thousands of years ago, and an apple is still an apple. A bushel of corn is still a bushel of corn. A bucket of pig manure is still a bucket of pig manure. Now, should I have the skill to bake bread, and you are able to grow apples, then nothing much has changed over the millenia, except maybe, the methodology employed in the production process. The actual baking process of a loaf of bread, and the actual growing process of an apple during these modern days still takes the same amount of time to actually bake and grow, that it did during the ancient past. It takes time relative to the needs of each product before they become ready for trade and consumption. lf I need your apple of time and you need my loaf of bread of time., the number of apples needed to swap for a loaf of bread, and vice versa, is dependant upon the worth to the barterers of that commodity, at that particular moment in time. Not the artificial worth of someones currency, which has been fixed at a particular worth, and which ignores the actual worth to the individuals undertaking the basic transaction at that moment in time. It follows, that this determination of the price should not be dictated to by a worthless piece of paper known as currency, which ensures that a fixed artificial worth is being placed on an instrument of wealth, just for the benefit of a few super wealthy owners of this worthless paper. The more of this paper that one possesses, the more wealthy that person is considered to be. Currency that does not even exist in the real World, for the vast majority of the people, who survive on less than one United States Dollar of worthless paper each day, that has less intrinsic worth than a sheet of toilet paper, especially when urgently needed to wipe ones posterior clean after nature has called. My advice to all, is to keep ones wealth buried beneath ones mattress, and away from the sewer rats of the banking industry.
Posted on: Wed, 19 Mar 2014 12:46:09 +0000