Caution: Monetary System Collapse, page 3

reply to post by kozmo

---

Yes but there is a ton of "money" backing real estat and other assets. What our country has witnessed has just been a huge transfer of "wealth" i.e. assets not just "money" at the expense of taxpayers and middle class America.

Originally posted by warrenb
reply to post by burdman30ott6

---

We can sit around and discuss things or we can take action.
A century of in-action has gotten us to this point in time today.
We can continue to have our bitchfests and resolve nothing or we can take charge and clean the system.

Our one chance for the foreseeable future is the upcoming G20.
20 or so world leaders will be present, what better time to do something and change things once and for all.

Well, there's an option.

I perceive that not is all Gloom & Doom as many have been lead to believe...

I don't know if anyone has noticed that many major strides within the Gov't have been made this week.

Yeah, some scoffers will say it's all smoke and mirrors. It means nothing that the White House (through Axelrod) has blown off US citizens as if bugs to be squashed.

Means nothing that congress has activated as if the US has been suddenly attacked. As if at war. Yeah OK whatever man.... Butt!

Scoffers can shuffle out to their dumpster. =)

AHA! Congress is scrambling with great gusto this week!

Seriously, who gives a rats ass about Health Care reform? If they pass anything, heads will roll. Seems only the fringe elements are interested in HC.

Real people are interested in getting HR1207: Audit The Fed, rolling... Defunding ACORN... (what a huge savings of otherwise earmarked billions$$$!)... Sunsetting the Czars!!! OMG what a wonderful way to say GTFO by Dec 31, 2009!

Can anyone say that this isn't the busiest week ever for congress?

Who cares the Obama is on whirlwind tour for HC this weekend. Or what Carter's opinion... After comments like he's made today, all I can ask is "isnt he dead yet? heard of assisted suicide buddy? it's time."

No one with any human value cares about either one of those overflowing colostomy bags.

So, again... what's with the Doom & Gloom? Congress has made huge steps this week... If they continue, I can imagine, hopefully, perhaps, even likely they will be able to score a coop for average citizens. Seeing congress activate is somewhat breath taking... Let's watch.

Always be prepared though... That should be an unspoken understanding of all of us. Friendly reminder... When you think that you are ready... Don't forget there are always UPGRADES.

Edit for : Tired

[edit on 9·17·09 by DrMattMaddix]

reply to post by pluckynoonez

---

Plucky....How easily do we forget the true start of money!!!

Go to the American Heritage Dictionary, look up money, and track back from one to another the root definitions of the word.

One finds that the reason money is named money is because it was minted in the temple of a Roman Goddess named "moneta". Was she the Goddess of high finance? No....oh no....the Goddess of Love & Marriage!!!!

We truly live in a erotic economic society!!!!

eBolivar

More bad news...good news if you are into fresh doom.

"October crash, that's pretty severe."

reply to post by pluckynoonez

---

Good find. Its interesting that there appear to be so many market mavens from around the world that are all saying the same thing. Says something about the likelihood of the noosphere in my mind (pun intended). Actually I can only hope that its ONLY a crash and not something altogether more radical - more destructive. If we emerge from this cataclysm with only the loss of paper money and wealth, I personally see that as a win, compared with what may happen. One may find a little pre-emptive planning may pay huge dividends in the not too distant future. I'm not talking about hiding in a cave, the woods, or a desert island (like people too much to hide from them); but the Golden Rule is good for the soul as well as the purse.

BTW you do know what the Brits mean by Fanny?

Originally posted by Zosynspiracy
reply to post by kozmo

---

Yes but there is a ton of "money" backing real estat and other assets. What our country has witnessed has just been a huge transfer of "wealth" i.e. assets not just "money" at the expense of taxpayers and middle class America.

Thats correct. If the Fed really wanted to save the domestic economy - then liquidity injections needed to go into the real economy.

The liquidity was injected into favored banks - not to help the economy, but to insulate those banks from the effects of the deflationary depression that had begun.

The Fed - under control of the NWO - is simply holding the economy in a deflationary state so they can bankrupt as many people as possible - then they clean the mortgage through the Fed - and hold the real estate.

This is just GRAND LARCENY - they are stealing all the real estate in the US. This is not an accident - neither is the fact that it is being held by the govt. They are just caretakers for the owners - the globalists (central banks, vatican etc).

The banks will not, and are not lending into a deflationary environment - in short, it was just a scam.

They are just using the cash to speculate on the stock market - which is ridiculously overbought - can you say 140 P/E? Less than 1% return, or 140 years to get your investment back - doesn't sound like the place to put money if you ask me.

You could fix the economy in the short term by devaluing the dollar - or injecting cash into the real economy - through infrastructure spending, or even just throw money into the streets.

However -due to the exponential nature of the debt burden that is an inherent part of the fiat money system - it wont hold up long. We are approaching the vertical asymptote of credit creation - the system MUST fail.

Really the fundamental solution is to dissolve the fiat currency system - wipe out all banks - outlaw charging of interest - and replace fiat with some sound currency.

Of course you'll need to kill a lot of people to achieve those ends - personally I think it is a very healthy approach - considering they want to kill you and me.

For me you want a currency that cannot be controlled by a central agency - and that means something that is generated locally.

So you could either use some kind of labor hours system - distributed locally, but that would be accepted nationally (you could use a different currency to balance international trade - but BALANCE is the keyword there).

Personally - I would ALWAYS chose silver and gold as the sound money of choice - its accepted universally - anyone can mint coins of a specific weight - they are difficult to counterfeit.

The NWO think they are justified doing what they are doing - because population growth and consumption of resources are on exponential growth curves as well.

They think they need to kill people - rather than using their power just to stop population growth and consumption. Of course - those are politically difficult things to sell - but surely anyone can see how powerful the brainwashing power of television is.

If we used TV to educate people, we should be able to drop growth in consumption and population to zero - fairly quickly I would think. Not fast enough for the NWO - they want to just kill off all the useless eaters.

[edit on 19-10-2009 by Amagnon]

Here's a new one from Max Keiser on what's happening economically:

pimpinturtle.com...

USDA Forces Whole Foods To Accept Monsanto
  Posted 9 days ago with 99 member flags

India to pay gold instead of dollars for Iranian oil. Oil and gold markets stunned
  Posted 18 days ago with 95 member flags

Greece wipes out Citizens Debt!! Tells Bankers to suck it
  Posted 10 days ago with 78 member flags

The Collapse of The American Dream Explained in Animation
  Posted 17 days ago with 53 member flags

Proponents of Gold Standard May Be Violent Extremists; Report ALL Suspicious Activity To the FBI
  Posted 2 days ago with 44 member flags

Obama on the verge of a deal with the banks
  Posted 15 days ago with 23 member flags

EU financial dictatorship agreed to by EU ministers last night
  Posted 17 days ago with 17 member flags

Bankers requesting that Greece become their debt slaves
  Posted 13 days ago with 15 member flags

Newest topics, updated in real-time:

Newest topics getting flags, in real-time:

Newest topics getting replies, in real-time: