July 8, 2007

As I remember, during secondary school in the second year, we had economics and I was not good at it. Luckily for me, economics was a required subject only for that year and I chose not to take it to my final exams. What I remember vividly is that I could not comprehend the logic of the monetary system as it was depicted by my teacher; that this system had a sort of life of its own. Over the years I found that most people do not understand why and how a currency’s value goes up and down, why there is inflation, and most of all, why there appears to be a vicious circle of money depreciation that causes everything to become more expensive every year.

Well, our politicians have a good explanation. They say that because of wage increase demands by trades unions, prices also go up. I do not buy that. Indeed there is a few percent wage increase every year, but this is generally not demanded by trades unions. Rather, I believe, it is part of a deliberate money depreciation, and this belief was recently confirmed by a documentary on the internet called ZEITGEIST, The Movie. If you have not seen this film yet, you should do so, because it will tell you what our present money system is designed to do: the ultimate enslavement of the world population. Before we go into this further, let’s have a look at our history.

From 753 BC to 476 AD there were three different kinds of Roman Civilizations, the first, from 753 BC to 510 BC, was the Roman Kingdom, the second, from 510 BC to 27 BC, was the Roman Republic and the third, from 27 BC to 476 AD, was the Roman Empire. These three forms of government were the models for our modern society. In its core not much has changed. Throughout our modern age we had kings, emperors and indeed republics. If we look closely to these developments from the first Roman Kingdom to our present forms of government, we repeatedly see movements from attempts to establish real democracies to their most extreme counter forms of absolutism and tyranny. The only difference is where brutal force was applied in the past to establish fascist like regimes through armies and their leaders like Caesar, Charles the Great, Napoleon or Hitler, now we face the subtle but very effective suppression through our monetary system. And indeed, most people do not see – or do not want to see – that this is happening!

Central Banks

In order to understand how our monetary system works and how it gradually deprives us – the people – of our freedom, let’s have a look at the central banks in the world and the key role they play in this system. The definition of “a central bank” according to wikipedia:

[A central bank, reserve bank or monetary authority, is an entity responsible for the monetary policy of its country or of a group of member states, such as the European Central Bank (ECB) in the European Union or the Federal Reserve in the United States of America. Its primary responsibility is to maintain the stability of the national currency and money supply, but more active duties include controlling subsidized loan interest rates, and acting as a "bailout" lender of last resort to the banking sector during times of financial crisis (private banks often being integral to the national financial system).]

Think about this definition for a moment and what it actually means. Since our modern societies are based on currencies and flourish on currency flows, central banks are very powerful entities. They are in fact the most powerful institutions you can imagine, far more powerful than our “democratically chosen” governments. And since people do not have any (direct) influence on who is in charge of a central bank, where does that leave our democracy? Ok, you may think that the government is responsible for the implementation of the laws we must abide by, but if you examine these laws closely you will find that many of them only serve to protect the monetary system and thus the central banks. And although it appears as if governments determine who is in charge of a central bank, in fact, these banks exist outside or above our democracy and are privately owned!

For instance, the Federal Reserve, the central bank of the United States, is neither federal nor does it have any reserves. Most Americans believe that it is a government agency because of the word ‘federal’. But in reality the Federal Reserve is a private corporation controlled by Bankers, and it operates exclusively for the financial gain of these Bankers over the people, not for the good of the people. And since the Federal Reserve produces and controls the money for the U.S. at interest, we must conclude that all of the U.S. is privately owned as well!

This example not only applies to the U.S., but also to the European Union and any other Union that is or comes in existence. So instead of a dictator ruling our country, we have private bankers and they are more powerful than any emperor that has ever walked the Earth.

Debt

In order to have control over someone, you have to make sure that he or she is indebted to you. To accomplish that, you first need that person to believe that something (like gold or a currency representing it) is most valuable. In the beginning we traded goods and if we mutually agreed on the trade, we exchanged our goods, all based on: “you have something that I need and I have something that you need.” Then traders came, anticipating on the needs of others and subsequently manipulators trying to make people dependent on them in order to become powerful.

At a certain point in our history people decided that it would be more convenient to use a tender or currency and naturally gold became the standard. Originally coins were made of gold, but as the populace grew and there was not enough gold, it was decided to produce coins of other materials like silver and nickel, and ultimately even paper was introduced as legal tender.

So today we believe that a simple piece of paper is most valuable because it once represented a certain amount of gold. We can buy our food, clothes and shelter with paper that says “5 dollar” or “5 euro”. It is a simple agreement, no more and no less. The paper itself is completely worthless However, because of this agreement, the more money you have, to more powerful you become. Moreover, once you control the money supply for an entire nation or group of nations, positioning yourself as a monetary authority, you become the most powerful individual (or group of individuals like bankers) on the planet.

Once people believe to the core of their being that money is the most valuable/important thing in life, creating a system where people become automatically indebted, would be the perfect means to enslave an entire populace, with yourself on the throne! This is exactly what private bankers have been trying to accomplish during the last couple of centuries. To quote one of these bankers:

“Give me control of a nation's money and I care not who makes her laws.”
- Mayer Amschel Rothschild

“Permit me to issue and control the money of a nation, and I care not who makes its laws.”
- Mayer Amschel Rothschild

In order to understand how this system of indebtedness works by which central banks draw power to themselves, we need to know how these banks operate. So let me explain.

There are two powers inherent to central banking practice: 1. interest rate control and 2. money supply control (inflation). Furthermore, central banks do not simply supply a country’s economy with money, they loan it at interest. Then, through increasing/decreasing the supply of money central banks regulate the value of the currency being issued.

If you think about this carefully, the structure of this system will only produce one thing in the long run: DEBT.

Let me explain further. The money produced by the central banks is loaned at interest, so every 1 dollar or euro is that dollar or euro plus “x” percent in immediate debt. The question is: since central banks have the monopoly on the production of a currency for an entire country and loan that currency out with immediate debt attached to it, where does the money to pay for the debt come from? Precisely, from the same central banks again. So in order to keep this system running, the central banks would have to perpetually increase its money supply to temporarily cover the outstanding debt created, which in turn, since that extra money is loaned out at interest as well, creates even more debt.

Since it is impossible for a government and thus for the populace to ever come out of this self generating debt, it does not take too much imagination to realize that the end result of this system would be total slavery. We could write this in mathematical notation if you like:

DEBT = SLAVERY

Currency Depreciation

The above equation is only valid as long as we, the people value money almost above all else. Banks could print money as much as they would like (and they do), but of course, in the end this money would be as valuable as in a game of monopoly: zero! Look at the following chart that shows the devaluation of the dollar from 1913 to 2007:

Applying these figures to real life, it means that if you could buy 10 pieces of bread for 1 dollar in 1913, for that same dollar you would now have only half a piece of bread. Because of this, today we have to work much harder for our living. Of course, wages have gone up significantly since 1913, but so did the costs. If we have paid all our taxes, insurances and other household bills, how much do we have left? Today, in most cases both husband and wife have to work in order to keep their household going.

So if you did not bother to know before why prices continuously go up, now you know the answer. Central banks and governments are destroying the purchasing power of currencies. That is why living costs are so high today. And as a consequence, because most people want or need a car, and some luxuries which they cannot afford, they go to the bank for a loan…

Electronic Money

During the last 200 years we have grown so accustomed to banks and their coins and paper as legal tender, that we can hardly imagine a society without it. And even though we do not understand how banks exactly operate and what they do with “our savings”, we have naturally accepted them as monetary authorities. Why? Because we are used to being dictated what to do and even what to think! Most of us prefer to let others do the thinking for us and let them be responsible for everything. What we do not realize is that with this responsibility we also give away our liberties, our first and foremost birthright.

Because we have grown so accustomed to the present monetary system which is rapidly becoming an electronic system without hard currencies, we would naturally accept the next step of abolishing coins and paper. This means that those in power of currency flows will be able to generate money on computer screens – backed by nothing – and dictate governments and people how much money they are allowed to earn or have. The bankers will then have the power to selectively choose people for certain positions to support their system, much more than is the case today.

Power

Eventually all comes down to power and how it is being obtained. Human beings, by birth, are all equally powerful. It is only by giving our power away to someone else that we become powerless. Why do we do this? Why do we give away our power and render ourselves powerless? Most of us like to have and chase money, most of us like the prospect of becoming “rich”. Especially at a young age we are lured into the trap of loans so we can buy things we could otherwise not afford. But without realizing it we pay a terrible price for chasing material wealth. As long as we feed and thereby empower the monetary system created by a small group of bankers with our thoughts, naturally accepting it as our reality, this system will remain closing its prison gates a little bit further every day, until there is no longer a way out.

Fortunately, more and more people are waking up and start realizing how relative this monetary system is, how hard we are forced to work to keep it running and how the elite class profits from the working class – behind the scenes. More and more we start realizing that something is very wrong with this system. In the U.S. more people become aware of the fact that they have been paying income tax based on an illegal act by the same elite. The IRS cannot force people to pay income tax, yet they do, through intimidation. And most people are too afraid to stand their ground and to stand on their rights, accustomed as they are to follow rules and authorities.

Ultimately there is only one authority, the authority within ourselves. Once we recognize that, we will empower ourselves and focus on the real values in life, not on some coins,  paper or numbers on a computer screen. There is nothing wrong with a monetary system as a means to represent the value of goods, as long as that system serves the people instead of people serving the system.

Copyright © 2007 Ditrianum Media Center