This entry was posted on October 27, 2011 at 10:21 pm and is filed under The Point. You can follow any responses to this entry through the RSS 2.0 feed.
12 Responses to Occupy Sydney : Mathematically perfected economy ( Fiat Money )
He is right about the interventions, namely a bank intervening on our business and commerce which Mr. Woods doesn’t articulate.
Liquidating bad investments doesn’t get to the root cause of monetary & economic destruction, by starting again fresh is not fixing the root cause of terminal failure by the banks purposed obfuscation of our very own promissory obligations we have to each other.
Rather starting again fresh would be only preserving the very banks that steal & launder circulation allowing them to continue the same cycles of consolidation of all money & property public & private.
Indeed there are no real sound foundations nor is there a free market simply because the banks obfuscate our very own promissory obligations we have to each other (money creation) where banks steal principal only as if it was their’s to loan out in the beginning then charging interest that can only deplete circulation that only ever consisted of some principal at most. Banks fail to retire circulation upon a fulfillment of any debt obligation which indeed causes circulatory deflation which exceeds any re inflationary measures by means of national debt.
Unfortunately the Austrian economists advocate the very banks that charge interest to us in any purported loan, interest I might add at any rate is the very cause of falsified terminal indebtedness simply because interest is never created nor issued into circulation in the beginning. The higher the interest the faster circulation depletes as apposed to a lower rate of interest the slower it depletes.
There are only really 2 types of inflation
1) Circulatory Inflation: Never happens because the rate of circulatory deflation exceeds the rate of circulatory inflation evident by increasing national debt (Americans are not in a wash of cash)
2) Price Inflation: On a whole is caused by interest itself imposed on all our business & commerce where businesses have to raise there prices to meet their own debt obligations to a bank.
There are exceptions to price inflation in isolated cases if a particular product is in short supply the price will rise as apposed to a product that is abundant in supply its price will fall.
Mathematics never lies if logic is applied.
its funny how threatened you feel by my proposals
that you would edited my video and then erase my comments what do you have to gain from this corrupt system
Worse still even if there was an abundance of gold to not only equal all our property value but also enough in surplus to keep up with any growth a further fault then is that if it coexists with interest, it can’t solve terminal failure, or perpetual subversion of the *disposition* of the currency that as interest inherently and irreversibly dedicates ever more of every unit of the circulation to servicing falsified, artificial debts, versus sustaining the desired industry.
It means nothing to pretend solution then, unless you have answered for all three faults: inflation, deflation, and disposition
Jack on October 30, 2011 at 11:07 pm
Like I said. Your solution makes no sense.
Fiat money has the value we give it.
Inflation, deflation, etc, affects that value. You have not taken that into account. You fail at economics.
mamaragan on October 31, 2011 at 1:00 am
I’m sorry peter I indeed have taken inflation & deflation into account because interest inherently and irreversibly dedicates ever more of every unit of the circulation to servicing falsified, artificial debts, versus sustaining the desired industry.
If our business & commerce or industry didn’t have the burden of interest to a bank who gives up absolutely nothing of value in any purported loan they would compete in a true free market to give us the best value for the dollar.
Your quote?
A man who can charge X for a service, when everyone else charges Y, will (at the least) charge more than X.
Sorry this fails the logic because X would get the business selling more volume & those Y who charge a higher price will go out of business.
I would certainly buy from X if his product was the same as Y who are asking for more money , indeed I have already answered your question in triplicate & qualified it in doing so many times MATE. If you don’t want assert yourself & learn something that will empower you ,well what can I say you have qualified absolutely nothing in your preposterous assumption & I fear Its people such as your self who are a big part of the problem we all face today.
Once again any token of exchange whether it be fiat ,gold , silver , coffee beans or rum , whatever it is, It has to equal our labor & production we have to one another which is essentially a representation of our very own promissory obligations we have to each other .
The obligors promissory obligation or note has the only lawful consideration of value & what value we give to its representation is an equal like labor & production we have to each other as our natural promissory obligations would normally do so which doesn’t entail interest. The borrower or correctly speaking the obligor gives up lawful consideration of value creating money on its very conception & the TRUE creditor gives up property , any representation or token of exchange has to equal this agreement or obligation , Indeed fiat can equal our labor & production we have to each other which would not only represent the obligors labor & production but also the liquidity value of the property in question in the agreement or obligation .
What makes todays fiat a misrepresentation is what happens before the bank publishes it where the bank intervenes between the true creditor who gives up property & the obligor or borrower who gives up lawful consideration of value . The banking intervention falsifies the debt to the publisher of our promissory obligations which is the central bank who prints a misrepresentation of our own promissory obligations we have to one another where charged interest is imposed on the agreement between the true creditor ( owner or builder ) & the obligor, charged interest which is paid to the publisher who gives up absolutely nothing of value in the agreement, indeed the bank doesn’t even sign the loan contract, essentially committing contract fraud. The bank hides its un earned profits or should I say theft of circulation in trust accounts to deceive the borrower & the courts ,Indeed the governments write the laws that allow them to do this . It is the interest that was never created nor issued into circulation that makes fiat a unequal representation of our labor & production we have to each other that terminally depletes circulation which is the very cause of terminal national debt ,worse still the bank keeps all the principal also only as if it was theirs to loan out in the beginning. So not only are we borrowing back the interest as national debt we are borrowing back the principal also to re inflate a circulation thats depleting at a greater rate than national debt its self.
The only way we can beat the banks if we unite on MPE because it will be the very proof that will be used against any bank who decides to defend its self in court , but of course if we cant unite on MPE well we will loose this opportunity .
mamaragan on October 29, 2011 at 3:55 am
So you mean to tell me is it possible there is an alternate solution to inflation & deflation which are defined respectively to increases or decreasing circulation per goods & services ?
Is there an alternate solution to maintain a circulation which is always equal to the remainder of represented property?
Mathematically its impossible there is any other solution.
Logic?
Under MPE a National NON PROFIT Accounting Common monetary foundry (CMF) will be established by the people for the people to handle all loans/deposits (NO BANKS)without any government intervention or regulation ,credit & money will be created & issued by the people themselves via promissory obligations with NO INTEREST attached based on a simple 1.1.1 ratio where all OBLIGATION is equal or no more than remaining CIRCULATION & equal to no more of remaining depreciating PROPERTY VALUE, principal is paid back or correctly speaking PAYED DOWN out of circulation at the rate of depreciation of the property in question then retired/canceled/deleted out of circulation (NO ONE KEEPS IT ,PAYED PRINCIPAL IS THE PROPERTY OF NO ONE ) along with the obligation & depreciated property after its paid down or fulfilled. http://www.youtube.com/watch?v=CcD5n4ii3YI
THE MATH
Most if not all people fail to see the purposed obfuscation of our promissory obligations whether its represented by fiat, gold or whatever it may be.
If one divides the gold on hand by the number of people.In the U.S, reported monetary reserves last time I looked are $80 billion, divided by a 300 million population = $266 per capita to do all your business & saving ,retirement etc.
A return to the gold standard CAN be artificially deflated as long as the represented property exceeds $266 per head ,
Which IS a case of PERPETUAL, MONUMENTAL DEFLATION sadly .Any proposal of a gold standard simply fails the math. Any competent mathematician would agree
Todays fiat has some value to say or think otherwise is illogical BUT its value is not EQUAL to our labor & production which ultimately represents our natural promissory obligations (money creation) ,So fiat is not worthless because its paper ,rather its because of the banks misrepresentation or obfuscation of our promissory obligations before publication of fiat.
The bank gives up absolutely no consideration of value of their own in any purported loan to one of us falsifying debt to the mere publisher of our promissory obligation who gives up nothing of value of their own, only the true creditor did by giving up the property in question & the obligor of course by their promissory obligation which indeed has the only lawful consideration of value in any purported loan from a bank SO todays fiat has no consideration of value given up by the bank itself rather todays fiat is merely the evidence of our very own promissory obligations we have to each other that doesn’t equal our labor & production we have to each other as our natural un exploited promissory obligations would so simply because of charged interest ( exploitation ) by a bank which depletes circulation that only ever consisted of some principal at most .
Indeed we the people create all money today interest free only the bank fails to retire a fulfilled debt obligation ,rather the banks steals principal on conception keeping all circulation thats paid out of circulation only as if it was theirs to loan out in the beginning.
There are 2 primary causes of inflation ..
1) Price inflation, ON A WHOLE which is an accumulation of INTEREST at any rate that’s charged by local banks on our business & commerce , Interest that is never created or issued into circulation in the beginning.
(NOTE: There are exceptions to price inflation in ” isolated ” cases such as if a particular product is in short supply its price can rise & to the opposite if the product is abundant is price may fall,but on the overall of all goods rising in price is primarily because interest is charged on borrowed expenditure for business thus prices rise in order for the business to sustain they’re profit margins & still make good on there interest payments to the banks.
Putting it simply everyone is screwing each other jacking up prices to pay out of the circulation the the non existent interest on their very own purported loans to a bank which can only deplete circulation that only ever consisted of some principal at most.
2) Circulatory inflation, which never happens because it’s a direct cause of (circulatory deflation) which depletes at a greater rate of circulatory inflation evident by increasing nation debt. ( America is not in a wash of cash is it now? )
you know what spin it how you like just remember your stupidity when in 10 years history repeats its self
Jason on October 31, 2011 at 12:56 am
From what I understand, at periods during history, it has been the price of gold that has changed to take into account the currency supply. From a video I saw recently, about the US troubles, it was estimated that at current figures, that would mean a required price of between $15000-$20000 USD per ounce for the market to have found equilibrium.
I think that as long as there are governments and banks working together, there are going to be policy issues to deal with that I am sure some of you more financially technically aware that myself would be able to analyse further.
I think the main thing we need to be looking at with the Occupy movement is that too few families hold the purse strings of the world’s central banks. I believe that the aim of nationalisation of each country’s central bank would, in itself, give a great opportunity for an improvement in the lives of future generations.
Gday Jason.
In the past regarding the price of gold in the U.S which demonstrated minimal inflation was simply due to the price of gold was fixed according to the U.S constitution.
Most people today fail to see there is simply not enough gold to equal all our property worth , when I say there is not enough gold I mean they simply cant find & dig up the gold that could keep up with our labor & production we have to each other ,under a gold standard it would simply be a case of perpetual monumental deflation of all our property with respect to any growth . Unfortunately a gold standard fails the mathematics simply because its a finite resource. This is the very reason the gold standard was removed.
One thing we all have to take into consideration any bank public or private would still give up nothing of its own in any purported loan to one of us, Moreover if we allowed any ” corporate ” government bank to create & issue our money for us it would be a complete removal of our very own true representation of wealth. Why you may ask ? Well if we allowed a government bank to create OUR money with a full reserve for example ,this would totally remove our ability to create ,pay down & retire money ourselves by a complete eradication of our right & ability to issue a promissory obligation ( MONEY CREATION ), Indeed we the people already create money interest free today which isn’t created out of thin air or nothing rather its created by the very first issuance of something of value which is one of our very own promissory obligations we have to each other ONLY our promissory obligation is falsified to the mere publisher of money who gives up absolutely nothing of value to one of us in any purported loan from a bank.
Here is a freedom of information request we the people from mathematically perfected economy has put to the bank of england?
Please note if the bank cant demonstrate or prove it gives up anything of consideration in a purported loan to one of us , there is NO debt to the bank. mike montagne is the author of MPE ,please take note of his comments & Mark-Lee of the Giles family who originally requested the freedom of information. http://www.whatdotheyknow.com/request/demonstrable_facts_of_a_categori
Putting it simply the idea of any bank creating our money for us public & private is the very idea of YOU giving up your right & your ability to create money & handing this all over to a bank who already obfuscates our creation stealing it on conception, a bank that never has or never will give up anything of consideration of value of their own in any purported loan to one of us .
No money ever comes into existence until one of us walks into a bank & signs a promissory obligation. WE CREATE ALL MONEY ON CONCEPTION.
Fractional multiplication fails the logic WHY?, considering Australia for example, all our household debt back in 2010 was estimated to be in the vicinity of 1.2 trillion dollars which is around 100% of our GDP. Looking at all private household debt servicing a purported loan to a bank there is simply not enough savings deposits to continue expansion to account for all the money purportedly loaned out to us on all our private debts. http://www.youtube.com/watch?v=mHVRhPQAUlA
If we are to have any future all banks must go , any attempt in preserving the very banks that rob us today can only be destructive to the lives of our future generations which I might add MPE ” proof ” of solution demonstrates & proves.
Sadly if we cant unite on MPE ” proof ” of solution ,well what can I say? We are our own worst enemies.
A final test of your leader is that he leaves behind him in other men the conviction as well as the will to remain.
Wise are those who learn that the main point here doesn’t also have to get their top priority.
http://www.youtube.com/watch?v=Z7-LbLO5NPg
so this guy is wrong>?
He is right about the interventions, namely a bank intervening on our business and commerce which Mr. Woods doesn’t articulate.
Liquidating bad investments doesn’t get to the root cause of monetary & economic destruction, by starting again fresh is not fixing the root cause of terminal failure by the banks purposed obfuscation of our very own promissory obligations we have to each other.
Rather starting again fresh would be only preserving the very banks that steal & launder circulation allowing them to continue the same cycles of consolidation of all money & property public & private.
Indeed there are no real sound foundations nor is there a free market simply because the banks obfuscate our very own promissory obligations we have to each other (money creation) where banks steal principal only as if it was their’s to loan out in the beginning then charging interest that can only deplete circulation that only ever consisted of some principal at most. Banks fail to retire circulation upon a fulfillment of any debt obligation which indeed causes circulatory deflation which exceeds any re inflationary measures by means of national debt.
Unfortunately the Austrian economists advocate the very banks that charge interest to us in any purported loan, interest I might add at any rate is the very cause of falsified terminal indebtedness simply because interest is never created nor issued into circulation in the beginning. The higher the interest the faster circulation depletes as apposed to a lower rate of interest the slower it depletes.
There are only really 2 types of inflation
1) Circulatory Inflation: Never happens because the rate of circulatory deflation exceeds the rate of circulatory inflation evident by increasing national debt (Americans are not in a wash of cash)
2) Price Inflation: On a whole is caused by interest itself imposed on all our business & commerce where businesses have to raise there prices to meet their own debt obligations to a bank.
There are exceptions to price inflation in isolated cases if a particular product is in short supply the price will rise as apposed to a product that is abundant in supply its price will fall.
Mathematics never lies if logic is applied.
Mike Montagne 1/10 (MPE) Von Mises Austrian economist Robert Murphy 17.09.11
http://www.youtube.com/watch?v=757nGMowLf4
Mathematics always fails if logic is implied.
Theoretical systems never work in real world scenarios.
And as you have acknowledged, price inflation is caused in isolated cases to meet demand.
Welcome to the real world: Like it or not (I don’t, but I only protest with a reason, go get one), this is how the world works.
A man who can charge X for a service, when everyone else charges Y, will (at the least) charge more than X. Hence inflation.
This whole video makes little actual sense. Fiat money still comes down to value: and value is still based off what exists: Oh right – gold!
its funny how threatened you feel by my proposals
that you would edited my video and then erase my comments what do you have to gain from this corrupt system
Worse still even if there was an abundance of gold to not only equal all our property value but also enough in surplus to keep up with any growth a further fault then is that if it coexists with interest, it can’t solve terminal failure, or perpetual subversion of the *disposition* of the currency that as interest inherently and irreversibly dedicates ever more of every unit of the circulation to servicing falsified, artificial debts, versus sustaining the desired industry.
It means nothing to pretend solution then, unless you have answered for all three faults: inflation, deflation, and disposition
Like I said. Your solution makes no sense.
Fiat money has the value we give it.
Inflation, deflation, etc, affects that value. You have not taken that into account. You fail at economics.
I’m sorry peter I indeed have taken inflation & deflation into account because interest inherently and irreversibly dedicates ever more of every unit of the circulation to servicing falsified, artificial debts, versus sustaining the desired industry.
If our business & commerce or industry didn’t have the burden of interest to a bank who gives up absolutely nothing of value in any purported loan they would compete in a true free market to give us the best value for the dollar.
Your quote?
A man who can charge X for a service, when everyone else charges Y, will (at the least) charge more than X.
Sorry this fails the logic because X would get the business selling more volume & those Y who charge a higher price will go out of business.
I would certainly buy from X if his product was the same as Y who are asking for more money , indeed I have already answered your question in triplicate & qualified it in doing so many times MATE. If you don’t want assert yourself & learn something that will empower you ,well what can I say you have qualified absolutely nothing in your preposterous assumption & I fear Its people such as your self who are a big part of the problem we all face today.
Once again any token of exchange whether it be fiat ,gold , silver , coffee beans or rum , whatever it is, It has to equal our labor & production we have to one another which is essentially a representation of our very own promissory obligations we have to each other .
The obligors promissory obligation or note has the only lawful consideration of value & what value we give to its representation is an equal like labor & production we have to each other as our natural promissory obligations would normally do so which doesn’t entail interest. The borrower or correctly speaking the obligor gives up lawful consideration of value creating money on its very conception & the TRUE creditor gives up property , any representation or token of exchange has to equal this agreement or obligation , Indeed fiat can equal our labor & production we have to each other which would not only represent the obligors labor & production but also the liquidity value of the property in question in the agreement or obligation .
What makes todays fiat a misrepresentation is what happens before the bank publishes it where the bank intervenes between the true creditor who gives up property & the obligor or borrower who gives up lawful consideration of value . The banking intervention falsifies the debt to the publisher of our promissory obligations which is the central bank who prints a misrepresentation of our own promissory obligations we have to one another where charged interest is imposed on the agreement between the true creditor ( owner or builder ) & the obligor, charged interest which is paid to the publisher who gives up absolutely nothing of value in the agreement, indeed the bank doesn’t even sign the loan contract, essentially committing contract fraud. The bank hides its un earned profits or should I say theft of circulation in trust accounts to deceive the borrower & the courts ,Indeed the governments write the laws that allow them to do this . It is the interest that was never created nor issued into circulation that makes fiat a unequal representation of our labor & production we have to each other that terminally depletes circulation which is the very cause of terminal national debt ,worse still the bank keeps all the principal also only as if it was theirs to loan out in the beginning. So not only are we borrowing back the interest as national debt we are borrowing back the principal also to re inflate a circulation thats depleting at a greater rate than national debt its self.
The only way we can beat the banks if we unite on MPE because it will be the very proof that will be used against any bank who decides to defend its self in court , but of course if we cant unite on MPE well we will loose this opportunity .
So you mean to tell me is it possible there is an alternate solution to inflation & deflation which are defined respectively to increases or decreasing circulation per goods & services ?
Is there an alternate solution to maintain a circulation which is always equal to the remainder of represented property?
Mathematically its impossible there is any other solution.
Logic?
Under MPE a National NON PROFIT Accounting Common monetary foundry (CMF) will be established by the people for the people to handle all loans/deposits (NO BANKS)without any government intervention or regulation ,credit & money will be created & issued by the people themselves via promissory obligations with NO INTEREST attached based on a simple 1.1.1 ratio where all OBLIGATION is equal or no more than remaining CIRCULATION & equal to no more of remaining depreciating PROPERTY VALUE, principal is paid back or correctly speaking PAYED DOWN out of circulation at the rate of depreciation of the property in question then retired/canceled/deleted out of circulation (NO ONE KEEPS IT ,PAYED PRINCIPAL IS THE PROPERTY OF NO ONE ) along with the obligation & depreciated property after its paid down or fulfilled.
http://www.youtube.com/watch?v=CcD5n4ii3YI
THE MATH
Most if not all people fail to see the purposed obfuscation of our promissory obligations whether its represented by fiat, gold or whatever it may be.
If one divides the gold on hand by the number of people.In the U.S, reported monetary reserves last time I looked are $80 billion, divided by a 300 million population = $266 per capita to do all your business & saving ,retirement etc.
A return to the gold standard CAN be artificially deflated as long as the represented property exceeds $266 per head ,
Which IS a case of PERPETUAL, MONUMENTAL DEFLATION sadly .Any proposal of a gold standard simply fails the math. Any competent mathematician would agree
Todays fiat has some value to say or think otherwise is illogical BUT its value is not EQUAL to our labor & production which ultimately represents our natural promissory obligations (money creation) ,So fiat is not worthless because its paper ,rather its because of the banks misrepresentation or obfuscation of our promissory obligations before publication of fiat.
The bank gives up absolutely no consideration of value of their own in any purported loan to one of us falsifying debt to the mere publisher of our promissory obligation who gives up nothing of value of their own, only the true creditor did by giving up the property in question & the obligor of course by their promissory obligation which indeed has the only lawful consideration of value in any purported loan from a bank SO todays fiat has no consideration of value given up by the bank itself rather todays fiat is merely the evidence of our very own promissory obligations we have to each other that doesn’t equal our labor & production we have to each other as our natural un exploited promissory obligations would so simply because of charged interest ( exploitation ) by a bank which depletes circulation that only ever consisted of some principal at most .
Indeed we the people create all money today interest free only the bank fails to retire a fulfilled debt obligation ,rather the banks steals principal on conception keeping all circulation thats paid out of circulation only as if it was theirs to loan out in the beginning.
There are 2 primary causes of inflation ..
1) Price inflation, ON A WHOLE which is an accumulation of INTEREST at any rate that’s charged by local banks on our business & commerce , Interest that is never created or issued into circulation in the beginning.
(NOTE: There are exceptions to price inflation in ” isolated ” cases such as if a particular product is in short supply its price can rise & to the opposite if the product is abundant is price may fall,but on the overall of all goods rising in price is primarily because interest is charged on borrowed expenditure for business thus prices rise in order for the business to sustain they’re profit margins & still make good on there interest payments to the banks.
Putting it simply everyone is screwing each other jacking up prices to pay out of the circulation the the non existent interest on their very own purported loans to a bank which can only deplete circulation that only ever consisted of some principal at most.
2) Circulatory inflation, which never happens because it’s a direct cause of (circulatory deflation) which depletes at a greater rate of circulatory inflation evident by increasing nation debt. ( America is not in a wash of cash is it now? )
you know what spin it how you like just remember your stupidity when in 10 years history repeats its self
From what I understand, at periods during history, it has been the price of gold that has changed to take into account the currency supply. From a video I saw recently, about the US troubles, it was estimated that at current figures, that would mean a required price of between $15000-$20000 USD per ounce for the market to have found equilibrium.
I think that as long as there are governments and banks working together, there are going to be policy issues to deal with that I am sure some of you more financially technically aware that myself would be able to analyse further.
I think the main thing we need to be looking at with the Occupy movement is that too few families hold the purse strings of the world’s central banks. I believe that the aim of nationalisation of each country’s central bank would, in itself, give a great opportunity for an improvement in the lives of future generations.
Gday Jason.
In the past regarding the price of gold in the U.S which demonstrated minimal inflation was simply due to the price of gold was fixed according to the U.S constitution.
Most people today fail to see there is simply not enough gold to equal all our property worth , when I say there is not enough gold I mean they simply cant find & dig up the gold that could keep up with our labor & production we have to each other ,under a gold standard it would simply be a case of perpetual monumental deflation of all our property with respect to any growth . Unfortunately a gold standard fails the mathematics simply because its a finite resource. This is the very reason the gold standard was removed.
One thing we all have to take into consideration any bank public or private would still give up nothing of its own in any purported loan to one of us, Moreover if we allowed any ” corporate ” government bank to create & issue our money for us it would be a complete removal of our very own true representation of wealth. Why you may ask ? Well if we allowed a government bank to create OUR money with a full reserve for example ,this would totally remove our ability to create ,pay down & retire money ourselves by a complete eradication of our right & ability to issue a promissory obligation ( MONEY CREATION ), Indeed we the people already create money interest free today which isn’t created out of thin air or nothing rather its created by the very first issuance of something of value which is one of our very own promissory obligations we have to each other ONLY our promissory obligation is falsified to the mere publisher of money who gives up absolutely nothing of value to one of us in any purported loan from a bank.
Here is a freedom of information request we the people from mathematically perfected economy has put to the bank of england?
Please note if the bank cant demonstrate or prove it gives up anything of consideration in a purported loan to one of us , there is NO debt to the bank. mike montagne is the author of MPE ,please take note of his comments & Mark-Lee of the Giles family who originally requested the freedom of information.
http://www.whatdotheyknow.com/request/demonstrable_facts_of_a_categori
Putting it simply the idea of any bank creating our money for us public & private is the very idea of YOU giving up your right & your ability to create money & handing this all over to a bank who already obfuscates our creation stealing it on conception, a bank that never has or never will give up anything of consideration of value of their own in any purported loan to one of us .
No money ever comes into existence until one of us walks into a bank & signs a promissory obligation. WE CREATE ALL MONEY ON CONCEPTION.
Fractional multiplication fails the logic WHY?, considering Australia for example, all our household debt back in 2010 was estimated to be in the vicinity of 1.2 trillion dollars which is around 100% of our GDP. Looking at all private household debt servicing a purported loan to a bank there is simply not enough savings deposits to continue expansion to account for all the money purportedly loaned out to us on all our private debts.
http://www.youtube.com/watch?v=mHVRhPQAUlA
If we are to have any future all banks must go , any attempt in preserving the very banks that rob us today can only be destructive to the lives of our future generations which I might add MPE ” proof ” of solution demonstrates & proves.
Sadly if we cant unite on MPE ” proof ” of solution ,well what can I say? We are our own worst enemies.
A final test of your leader is that he leaves behind him in other men the conviction as well as the will to remain.
Wise are those who learn that the main point here doesn’t also have to get their top priority.