Hello from active_indolent!
I've been following ognirs programs and been visiting WUFS for a while now. Been learning a lot even from this forum as well. It's easier to see through the fog now but the heart sinks deeper the more you realize how much you've been lied to.
My native language is Swedish so please be patience with my spelling and so on.
Welcome
Welcome aboard! Your English is great, no worries mate ;)
Tjänare min landsman! Desto längre man läser allt här ju mer uppmärksam för jidproblemet man blir.
Thanks Ognir and aZiXx!
Tack! joeblowman
Kom in på "jidproblemet" genom att undersöka hur pengar uppkommer, skapas och utnyttjas. Har en blogg om pengar men har inte namgett "problemet", Har tyckt det varit viktigast att informera hur parasiteringen genom banksystemet sker och hoppas att de som läser hamnar där jag hamnade med stigande förståelse. Om du vill kolla in den är den på:
http://blogg.aftonbladet.se/11316/ (http://blogg.aftonbladet.se/11316/)
Detta var för gott att inte översättas på engelska! Förlåt min tolkning! Jag är bara en amerikan som tycker att han kan svenska.
Mr. active_indolent has written an excellent blog entry at Tankar om pengar/Thoughts about money http://blogg.aftonbladet.se/11316/ (http://blogg.aftonbladet.se/11316/)
The Bankers' wet dream/Bankirernas våta dröm
(Orginally written by Active Indolent in Swedish, translated by Joe Blow)
Our banking system is built upon the old goldsmith's scam fractional reserve system. People turned in gold for preservation at the goldsmith's shop and got a receipt for this gold. People began using the receipts as money and everybody accepted these as currency (it was easier and safer than to carry a paperslip than a bag of gold). After a time, the goldsmith figuered out that nobody had an idea about how much gold that he had in the cash-vault, so he began forging receipts of gold which did not exist. With these receipts, he bought things or loaned at with interest. This is the basis of today's banking system - a scam. But after a time, people figuered out that were too many receipts which were being used as money. Some of them began to understand the goldsmith's scam and there was a rush on the goldsmith/bank and everybody wanted to exchange their receipts for gold, but there was not as much gold as receipts and most of them got no gold. But it worked as long as the goldsmith could keep up the illusion and say:
-"Sure, there is enough gold in the vault that will cover it"
Thanks, joeblowman!
Din svenska är utmärkt!
I tried to translate the text from my blogg myself and put it out as a post:
viewtopic.php?f=33&t=2047 (http://theinfounderground.com/forum/viewtopic.php?f=33&t=2047)
But since you started the tranlation (which is better then mine) so why not put it up here as well.
The starting point is probably to basic for this forum but I think I have to write it down so the continuity of the story gets clear. My native language is Swedish so you have to have some patience with my spelling and so on.
The money system is based on the old goldsmith fraud Fractional Reserve. People gave the goldsmith their gold and the goldsmith gave them a receipt. People began using these receipt instead of gold as money and everybody accepted them as a medium of exchange (it was easier and perhaps safer to carry a receipt then the actual gold). The goldsmith soon realized that nobody else knew how much gold he stored in the vault. So he wrote more receipts then there were gold in the vault. With these "phony" receipts he then bought what ever he wanted, he even lend some to people with interest. This work for a while but some people started to be suspicious and understood that there were to many receipts on the market and rushed to the goldsmith to get their gold out from the vault. The gold in the vault soon ran out and many people found out that their receipts were backed by nothing. This is the foundation of the modern banking system – a fraud.
But it worked as long as the goldsmith could uphold the illusion and say:
"Of course we got the gold in vault, don´t worry, be happy"
As long as people were happy they never questioned the goldsmith intention or credibility. As long as people were busy with "Bread and Circuses " the goldsmith cold carry on his fraud without being exposed.
It´s the same fraud that rules today. But Nixon took away the gold completely 1971 so now nobody can get any gold for their receipts (US went bankrupt already then just as the goldsmith above, but US could force other to use their receipts as money through the petrodollar system and military threat if any country if they rejected these receipts as money). But the banks don´t even have these receipts, the paper we call money. According to the Basel agreement the banks only need to back 8% of their receipts – they can make up the rest from thin air. The modern banking system stands with their pants dropped, just as the goldsmith, and the illusion of the emperors clothes would fall if people rushed to get their receipts out from the banking system. The bankers say the same thing as the goldsmith:
"Of course we got the money in the vault, don´t worry, be happy"
To uphold this illusion the bankers need a total control of media and the need for "Bread and Circuses" is even greater. The goldsmith actually had some gold in his vault – the modern bank only has pieces of papers that are worth nothing if people don´t accept them as medium of exchange, aka money. By controlling the media the bankers are able to uphold this illusion of the value of these pieces of papers. So money is only in our belief system and this belief system is upholded by media – so in a sense money is media.
Now to the bankers wet dreams, the "illusion" or matrix, if you so want, that will tie up our conception about money in a feudal way with total controll.
Money has become more and more digital. Physical money is used less and less. The pieces of papers are disappearing just as gold once did. In Sweden (my home country) the central bank is proposing a fee on transaction made by physical money.
The final goal is to get rid of all physical money. And this is what I think is the bankers wet dream.
Why? Because there can´t be any bankrun on the whole banking system. If people start miss trusting one bank and withdraw their money they will only be able to transfer this digital money to another digital account on another bank – it would not be possible to have a bank run on the whole banking system. And since the banking system is a cartel with the central banks (with BIS at the top) the whole system would never be endangered. The banks would not need to have vaults filled with gold or phony papers. The bank system would be closed and there would be no "exit" for the "money" - it would be permanently stuck in the virtual matrix locking up our belief system. In this bank system money equals the perception media give us. We will have to believe that money only exist in the digital form and the "Bread and Circuses " and diversions to uphold this system will be enormous.
If the bankers are able to fulfill their wet dream they will have total control – people will not longer "only" be debt slaves to these bankers. Every transaction will leave digital footprints telling what you do, where you are, what you buy – and if you don't behave they will just cut of your account. It's much harder to obtain physical stuff such as gold or even the pieces of paper we call money then just cut down a digital account.
Therefore it's important to expose that the bank emperors doesn't have any clothes. Because they are actually naked, without any money at all, and the only thing preventing us from seeing this is the media, so in a sense the only money that exist is the media because it provide us with the fictional belief that the money actually exist.
As a last remark I would like to point out that I'm not in favor of gold based currencies. I think a currency only should be an information carrier and not a commodity by itself. So digital money could be something good provided that it's not in the hands of private interests. A digital currency has the potential to totally imprison all. Personal integrity and freedom should not be given private bankers i any form. How an open and transparent democratic digital money system should be built is another question – perhaps it's impossible, I don't know. But this debt slave based bank system for the private parasites have to end, thats for sure!
Welcome on board :)
It would be great if we had a colored map (Youtube Insight like) telling us where the members are from ?
Thanks razorback2000
Thanks, The Kung Fu Instructor!
Whether a currency should be seen as a commodity or not is an very interesting subject that can be seen as a struggle between Aristotle and Adam Smith (who probably was an agent for Bank of England – and we know who was behind BoE). This is an interesting article about this subject:
http://www.monetary.org/bromsgrovetalk04.htm (http://www.monetary.org/bromsgrovetalk04.htm)
But putting that issue aside for a while (because I frankly don't know how to set up a digital money system so it becomes democratic and transparent under a government) - I do think we can agree on the fact that a totally digital money system in the hands the private bankers would be the end a what ever small pieces of freedom that remains.
I can't but recall Carroll Quigleys words from 'Tragedy and Hope':
"The powers of financial capitalism had (a) far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."
Regards A_I
(http://www.tfm.co.jp/lock/girls/onair/051024/01.jpg)
You are welcome, monsieur!
I suppose you are familiar with "The Creature from Jekyll Island" by G. Edward Griffin? It is the 2d most important book I have ever read, and should hold a special place in the bookshelf of any truth seeker, as it deals with the subject of central banks and the fiat money system.
(http://www.lpstuff.com/shop/images/uploads/book-the-creature.jpg)
(http://www.betonronpaul.com/RadioShow/files/page5_sidebar_4.jpg)
G. Edward Griffin
(http://www.custommade.com/gallery/Brooklyn/bookcase.jpg)
(http://www.lpstuff.com/shop/images/uploads/book-the-creature.jpg)
Indeed, important book
Welcome to TIU!!! Be sure to check out the radio shows/audio files. Your comments, criticisms and feedback are greatly appreciated!!!
Welcome and Cheers!
Good eyes are always welcome.
Eustice Mullins Interview:
http://www.liveleak.com/view?i=cb8_1190922119 (http://www.liveleak.com/view?i=cb8_1190922119)
Thanks, CrackSmokeRepublican!
Kung Fu Instructor
I'm familiar with G. Edward Griffins and agree that his work on the history of FED is important work but I have some problems with him to. The link that I posted earlier shows were his and mine opinions differs. Perhaps we can discuss these differences when you read it? I think they will be quite easy for you to spot.
http://www.monetary.org/bromsgrovetalk04.htm (http://www.monetary.org/bromsgrovetalk04.htm)
Regards