HAHAH, thats funny. Kinda like saying, "If I go into my bank, will they give me MY dollars in my bank account that have been sitting there all this time?"
Banks are obliged to fulfill their promise, which YOU trust when you set up an account. They don't have to. The fiat (poker chips) you deposit in the bank (casino) are a liability to the bank. It's called the "double-entry bookkeeping system" [1,2,3]
Wikipedia [1] put it nicely: "The banking terms "deposit" and "withdrawal" tend to obscure the economic substance and legal essence of transactions in a deposit account."
Why is the current debt-based system a "Ponzi Scheme"?
When fiat is created out of thin air, by the admission of the Federal Reserve:
"When you or I write a check there must be sufficient funds in our account to cover the check, but when the Federal Reserve writes a check there is no bank deposit on which that check is drawn. When the Federal Reserve writes a check, it is creating money." [4]
The interest on the principal is not created. More debt has to be created to service the interest on the initial debt and so on ad infinitum. This is the basis for the requirement of "exponential growth". To put the problem of interest in perspective, it is well worth your time to read Guaicaipuro Cuautemoc's letter to the European Community [5].
I use this crude analogy to explain the monetary system. Imagine the stock markets are big casinos and the self-proclaimed narcissist elites (parasites) as seriously bad gamblers. The rules of the game for them are slightly skewed. If they make a bet and they win, they keep the winnings (their monumental bonuses). If they make a loss, the entire world has to "bail them out" and they make a "profit" (their monumental bonuses). They win if they make a winning bet and ... they win if they make a losing bet.
They use misleading terms like "High Frequency Trading" to obscure the fact that they're doing nothing more than gambling, perhaps to make their minions feel like they're doing something "important". Of course, they are not.
Their so-called "financial instruments" add absolutely no value to humanity and are simply a means to gamble with the livelihoods of many decent people who actually add value and improve our standard of living, be it by producing food [6] or mining silver and so on. I urge you to re-consider partaking in the lewid system these sick parasites have devised. Instead, consider rewarding those who add value to your life. I buy directly from the farm and am in constant contact with my local farmer.
At this stage, please pause for a minute, and let the ramifications of my statements above sink in. If you are not shocked by this horrible "reality" then you may be in denial or simply cannot fathom the fact that the human mind is capable of devising such evil schemes. Precious lives are being squandered to maintain this abomination. It must be stopped.
It is time to let the parasites know that they are not our owners and that we refuse to be their collateral. Our blood, sweat and tears are for the betterment of our species, not for providing them with luxurious lifestyles and unlimited decadence.
"The few who understand the system, will either be so interested from its profits or so dependant on its favors, that there will be no opposition from that class." -- Rothschild Brothers of London, 1863
Let us show these parasites they underestimated humanity. I'm confident that we will. We must.
If you have got this far then you can effect change. You have power.
You are not alone.
Sources: [1] Deposit Account: http://en.wikipedia.org/wiki/Deposit_account [2] Money as Debt, part 1: http://video.google.com/videoplay?docid=-2550156453790090544# [3] Money as Debt, part 2: http://vimeo.com/6822294 [4] Putting it simply, Boston Federal Reserve [5] The real foreign debt, http://www-personal.umich.edu/~lormand/poli/econ/real-foreign-debt.htm [6] Seeds of Destruction: The Hidden Agenda of Genetic Manipulation, F. Willian Engdahl
Now if you had been in recently! I can tell you that the silver 1KG bars I bought on Friday had only just been made on 25th Jan. So the stock is being sold as soon as it is produced.
Nice pics. I think I read about this on GATA a while back. Good stuff!
ReplyDeleteThis comment has been removed by the author.
ReplyDeleteHAHAH, thats funny. Kinda like saying, "If I go into my bank, will they give me MY dollars in my bank account that have been sitting there all this time?"
ReplyDeleteloved the gals in this video.
ReplyDeleteBanks are obliged to fulfill their promise, which YOU trust when you set up an account. They don't have to. The fiat (poker chips) you deposit in the bank (casino) are a liability to the bank. It's called the "double-entry bookkeeping system" [1,2,3]
ReplyDeleteWikipedia [1] put it nicely: "The banking terms "deposit" and "withdrawal" tend to obscure the economic substance and legal essence of transactions in a deposit account."
Why is the current debt-based system a "Ponzi Scheme"?
When fiat is created out of thin air, by the admission of the Federal Reserve:
"When you or I write a check there must be sufficient funds in our account to cover the check,
but when the Federal Reserve writes a check there is no bank deposit on which that check is drawn. When the Federal Reserve writes a check, it is creating money." [4]
The interest on the principal is not created. More debt has to be created to service the interest on the initial debt and so on ad infinitum. This is the basis for the requirement of "exponential growth". To put the problem of interest in perspective, it is well worth your time to read Guaicaipuro Cuautemoc's letter to the European Community [5].
I use this crude analogy to explain the monetary system. Imagine the stock markets are big casinos and the self-proclaimed narcissist elites (parasites) as seriously bad gamblers. The rules of the game for them are slightly skewed. If they make a bet and they win, they keep the winnings (their monumental bonuses). If they make a loss, the entire world has to "bail them out" and they make a "profit" (their monumental bonuses). They win if they make a winning bet and ... they win if they make a losing bet.
They use misleading terms like "High Frequency Trading" to obscure the fact that they're doing nothing more than gambling, perhaps to make their minions feel like they're doing something "important". Of course, they are not.
Their so-called "financial instruments" add absolutely no value to humanity and are simply a means to gamble with the livelihoods of many decent people who actually add value and improve our standard of living, be it by producing food [6] or mining silver and so on. I urge you to re-consider partaking in the lewid system these sick parasites have devised. Instead, consider rewarding those who add value to your life. I buy directly from the farm and am in constant contact with my local farmer.
At this stage, please pause for a minute, and let the ramifications of my statements above sink in. If you are not shocked by this horrible "reality" then you may be in denial or simply cannot fathom the fact that the human mind is capable of devising such evil schemes. Precious lives are being squandered to maintain this abomination. It must be stopped.
It is time to let the parasites know that they are not our owners and that we refuse to be their collateral. Our blood, sweat and tears are for the betterment of our species, not for providing them with luxurious lifestyles and unlimited decadence.
"The few who understand the system, will either be so interested from its profits or so dependant on its favors, that there will be no opposition from that class." -- Rothschild Brothers of London, 1863
Let us show these parasites they underestimated humanity. I'm confident that we will. We must.
If you have got this far then you can effect change. You have power.
You are not alone.
Sources:
[1] Deposit Account: http://en.wikipedia.org/wiki/Deposit_account
[2] Money as Debt, part 1: http://video.google.com/videoplay?docid=-2550156453790090544#
[3] Money as Debt, part 2: http://vimeo.com/6822294
[4] Putting it simply, Boston Federal Reserve
[5] The real foreign debt, http://www-personal.umich.edu/~lormand/poli/econ/real-foreign-debt.htm
[6] Seeds of Destruction: The Hidden Agenda of Genetic Manipulation, F. Willian Engdahl
I like to be kept a "breast" of this subject. Your presentation really made me stand-up!
ReplyDeleteGood work
To be honest SGS..this is old news.
ReplyDeleteNow if you had been in recently! I can tell you that the silver 1KG bars I bought on Friday had only just been made on 25th Jan. So the stock is being sold as soon as it is produced.
Mr. SGS, thanks for this awesome work.
ReplyDeleteI appreciate the effort you are putting in on behalf of investors. Put up a donation link so I can send you some Maples.
Thanks again.
Jasa, most old news is new news to most newer people to this industry...and that conversation is less than 24 hrs old.
ReplyDeleteGotcha.
ReplyDeleteWhat about SIVR? Better, worse or no different.
ReplyDelete