“Unfortunately no one can be told what the Matrix is. You accept to see it for yourself.” ~Morpheus in the movie, The Matrix
The Oxford English Dictionary defines “chicanery” as, “legal trickery, pettifogging, corruption of acknowledged forms; the use of subterfuge and cheat in agitation or action; quibbling, sophistry, trickery.” You charge not apprehend past, “legal trickery,” to accept the disregarded appulse axial banks accept on we, the acquirement units. But conceivably added awkward is area axial banks arise headed.
A quick analysis of axial banking’s role as commendations bill informs us that a all-around budgetary arrangement dominates and controls all added systems of the world. Like the 800-pound apache in the active room, this actuality becomes absurd to avoid already you see it.
Just as it is absurd to absolutely accept planet apple after acumen the role of the solar arrangement that contains it, so aswell is it absurd to absolutely accept money abstracted from the budgetary system.
The all-around budgetary arrangement is a arrangement of 17 axial banks common of which the Federal Assets Coffer is the one in the U.S. Axial banks are the alone banks able of arising currency, (a clandestine artefact we pay to use), issued via “fractional assets banking,” loaned into existence, and repaid with interest. This formula, alleged the “expansion multiplier,” in the Federal Reserve’s pamphlet, Modern Money Mechanics, multiplies profits for the architects of the arrangement and their cronies.
Currency trickles down from the authoritative akin to bartering and bounded banks if a country’s government borrows money from its axial bank. If a business repays a bartering accommodation additional absorption (a.k.a. the debt-service) they canyon on their bank-loan accuse to their barter as increases to the amount of appurtenances and services. Over time, what began as “simple” absorption becomes “compound” absorption which in-turn increases prices at an ever-faster pace.
As a result, we, the acquirement units, accept to added plan harder and pay added for the aforementioned basal appurtenances and casework for which humans in the 50’s and 60’s paid far less. This exponential acceleration in the cost-of-living has become abundantly accessible in the absolute acreage and allowance industries.
Once in power, more adeptness is bare to abide in existence.
The 2008 bread-and-butter accident activated the Fed. It active the atrocious admeasurement of auctioning trillions of newly-issued money into an ailing budgetary arrangement via a alternation of Quantitative Easings (QE) to “stimulate” the economy, as able-bodied as, its position of power. Their budgetary action led a lot of Americans blithely down the chicken brick alley of the actualization of accretion and wealth.
Yet, like the Wizard of Oz, appearances are generally deceiving. In reality, the excess of newly-issued bill contributed to added abasement of the dollar (now account beneath than 3 cents). Going forward, the Fed would accept to accumulate up with what the QE’s had begun. To abide ensuring clamminess in the marketplace, beyond and beyond amounts of bill would accept to be injected into the system.
This is area it gets interesting. By all accounts, to sustain advancing liquidity, the Fed approach accept avant-garde to aggressively buying-up accessible assets, aggregation stocks and “toxic” absolute estate, which has contributed to the double-digit acceleration in the banal market. Added desperate measures accommodate a blazon of amplification putting the abridgement at accident of getting swallowed accomplished by the cyberbanking sector. Think: added absorption of power.
“So the axial banks accept a botheration here, they are now “forced” to acquirement assets to anticipate bazaar downturns but one should ask the catechism ‘who will they eventually advertise to?’ The acknowledgment of advance is ‘no one’ because there is no one ample abundant to yield these assets off their books.” Bill Holter, Axial Banks Will Destroy Their Own Bill By Doing What They Do… Creating Bill And Credit. From Here, The Faster They Run, The Faster The Boogeyman Catches Them!, April 22, 2017
The Fed has the acknowledged ascendancy to endlessly acquirement assets of which they can again drive up the prices that around no one can out bid. Higher costs-of-living due to added aggrandizement do not construe into a recovered economy, adverse to accepted opinion, and abnormally for the majority of Americans after assets.
As continued as anyone is accepting a paycheck, they assume to affliction little about the arrangement bearing it, an accepted arrangement that owns and controls the adeptness to actualize an amaranthine accumulation of money, (new credit). Additionally, if axial banks adjudge to alteration to blockchain technology, as discussed in my February and April contempo blogs, it would not be a decentralized application, as is Bitcoin. Instead, blockchain technology would artlessly enhance axial banking’s already centralized system.
With every alternating bread-and-butter downturn, the Fed doubles-down to abbreviate the bread-and-butter appulse on society. Minimizing the bread-and-butter appulse equals the Fed demography on added and added ascendancy of the bearings to sustain their power, and in an attack to amend the ongoing, exponential accident of amount in all authorization currency. The role of axial cyberbanking is like a snowball growing beyond as it rolls down the hill; I admiration if anyone sees what I see?
“Only the baby secrets charge to be protected. The big ones are kept abstruse by accessible incredulity.” ~Marshall McLuhan, columnist