For someone who describes himself as having only a "journeyman's understanding" this article certainly helped to clarify my own understanding, so thank you.
Thanks for this article. To elaborate a few things:
You don't need a Federal Reserve to fund big deficits. Lincoln paid for his war by issuing greenbacks, which were simply bills printed by the Federal Gov't.
While inflation causes problems, deflation can be even worse because debtors, many of whom are poor, get extra-screwed.
An alternative to the tax on incomes, favored by many in Congress (and Pres. Taft) at the time, was a tax on inheritances. But the income tax was supported by the single-taxers, because it could have been configured to collect land rent.
Unique among Constitutional Amendments, the 16th (income tax) was ratified under a special rule, providing that once a state had ratified, it could not withdraw the ratification, but a state that had voted against the amendment could reconsider and ratify it.
Really good (and well-documented) videos on the Federal Reserve and World War I (as well as many other topics) have been done by James Corbett at corbettreport.com
The other key thing to understand in terms of the big picture... is that we are barnyard animals... and treated as such .... the farmer needs us to produce:
The Protocols Of Zion
Published 1903
* Place our agents and helpers everywhere
* Take control of the media and use it in propaganda for our plans
* Start fights between different races, classes and religions
* Use bribery, threats and blackmail to get our way
* Appoint puppet leaders who can be controlled by blackmail
* Abolish all rights and freedoms, except the right of force by us
* Sacrifice people (including Jews sometimes) when necessary
* Eliminate religion; replace it with science and materialism
* Control the education system to spread deception and destroy intellect
* Rewrite history to our benefit
* Create entertaining distractions
* Corrupt minds with filth and perversion
* Keep the masses in poverty and perpetual labor
* Use gold to manipulate the markets, cause depressions etc.
* Introduce a progressive tax on wealth
* Replace sound investment with speculation
* Make long-term interest-bearing loans to governments
* Give bad advice to governments and everyone else
"I care not what puppet is placed on the throne of England to rule the Empire, ... The man that controls Britain's money supply controls the British Empire. And I control the money supply." Nathan Rothschild https://twitter.com/KirbySommers/status/1567945974537936897
“Once a nation parts with the control of its currency and credit, it matters not who makes the nation’s laws. … Until the control of the issue of currency and credit is restored to government and recognized as its most sacred responsibility, all talk of the sovereignty of parliament and of democracy is idle and futile.” — Mackenzie King, Canadian Prime Minister 1935-1948.
"I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men." - Woodrow Wilson, after signing the Federal Reserve into existence
“Some of the biggest men in the United States, in the field of commerce and manufacture, are afraid of somebody, are afraid of something. They know that there is a power somewhere so organized, so subtle, so watchful, so interlocked, so complete, so pervasive that they had better not speak above their breath when they speak in condemnation of it.” ― Woodrow Wilson
“The conscious and intelligent manipulation of the organized habits and opinions of the masses is an important element in democratic society. Those who manipulate this unseen mechanism of society constitute an invisible government which is the true ruling power of our country. …We are governed, our minds are molded, our tastes formed, our ideas suggested, largely by men we have never heard of.” – Edward Bernays – Propaganda
Fun fact: There is no Nobel Prize for economics. It’s actually the “Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel,” funded by the central bank of Sweden. Robert Monks (“Corpocracy: How CEOs and the Business Roundtable Hijacked the World's Greatest Wealth Machine”) claims this was to help elevate the specious pseudoscience of Economics to the level of the other prizes.
I think the fact that I have to constantly replace small appliances well before they should cease to function with normal use is proof positive that we are being farmed and that the “save the environment” people do not in fact care about the environment. It is one of my biggest rage makers.
All we really need to know about economics is that without cheap to produce energy ... we are f789ed:
SEE PAGE 59 - THE PERFECTSTORM : The economy is a surplus energy equation, not a monetary one, and growth in output (and in the global population) since the Industrial Revolution has resulted from the harnessing of ever-greater quantities of energy. Butt he critical relationship between energy production and the energy cost of extraction is now deteriorating so rapidly that the economy as we have known it for more than two centuries is beginning to unravel https://ftalphaville-cdn.ft.com/wp-content/uploads/2013/01/Perfect-Storm-LR.pdf
I think this was a worthwhile detour; I enjoyed reading. You could have developed the stick idea more - I was struck by a similar thought when I ‘clicker-trained’ my dog. It felt like a cheap trick teaching her to treat a noise from a clicker as if it were a ‘treat’, - paying my honest dog in IOUs - then I realised that my husband and I were similarly trained to earn £££s that we will probably end up never spending (and that are constantly devalued…).
For someone who describes himself as having only a "journeyman's understanding" this article certainly helped to clarify my own understanding, so thank you.
Thanks for this article. To elaborate a few things:
You don't need a Federal Reserve to fund big deficits. Lincoln paid for his war by issuing greenbacks, which were simply bills printed by the Federal Gov't.
While inflation causes problems, deflation can be even worse because debtors, many of whom are poor, get extra-screwed.
An alternative to the tax on incomes, favored by many in Congress (and Pres. Taft) at the time, was a tax on inheritances. But the income tax was supported by the single-taxers, because it could have been configured to collect land rent.
Unique among Constitutional Amendments, the 16th (income tax) was ratified under a special rule, providing that once a state had ratified, it could not withdraw the ratification, but a state that had voted against the amendment could reconsider and ratify it.
Really good (and well-documented) videos on the Federal Reserve and World War I (as well as many other topics) have been done by James Corbett at corbettreport.com
The other key thing to understand in terms of the big picture... is that we are barnyard animals... and treated as such .... the farmer needs us to produce:
The Protocols Of Zion
Published 1903
* Place our agents and helpers everywhere
* Take control of the media and use it in propaganda for our plans
* Start fights between different races, classes and religions
* Use bribery, threats and blackmail to get our way
* Use Freemasonic Lodges to attract potential public officials – see this https://t.me/downtherabbitholewegofolks/90966 https://t.me/downtherabbitholewegofolks/91036
* Appeal to successful people's egos
* Appoint puppet leaders who can be controlled by blackmail
* Abolish all rights and freedoms, except the right of force by us
* Sacrifice people (including Jews sometimes) when necessary
* Eliminate religion; replace it with science and materialism
* Control the education system to spread deception and destroy intellect
* Rewrite history to our benefit
* Create entertaining distractions
* Corrupt minds with filth and perversion
* Keep the masses in poverty and perpetual labor
* Use gold to manipulate the markets, cause depressions etc.
* Introduce a progressive tax on wealth
* Replace sound investment with speculation
* Make long-term interest-bearing loans to governments
* Give bad advice to governments and everyone else
"I care not what puppet is placed on the throne of England to rule the Empire, ... The man that controls Britain's money supply controls the British Empire. And I control the money supply." Nathan Rothschild https://twitter.com/KirbySommers/status/1567945974537936897
“Once a nation parts with the control of its currency and credit, it matters not who makes the nation’s laws. … Until the control of the issue of currency and credit is restored to government and recognized as its most sacred responsibility, all talk of the sovereignty of parliament and of democracy is idle and futile.” — Mackenzie King, Canadian Prime Minister 1935-1948.
"I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men." - Woodrow Wilson, after signing the Federal Reserve into existence
“Some of the biggest men in the United States, in the field of commerce and manufacture, are afraid of somebody, are afraid of something. They know that there is a power somewhere so organized, so subtle, so watchful, so interlocked, so complete, so pervasive that they had better not speak above their breath when they speak in condemnation of it.” ― Woodrow Wilson
“The conscious and intelligent manipulation of the organized habits and opinions of the masses is an important element in democratic society. Those who manipulate this unseen mechanism of society constitute an invisible government which is the true ruling power of our country. …We are governed, our minds are molded, our tastes formed, our ideas suggested, largely by men we have never heard of.” – Edward Bernays – Propaganda
Fun fact: There is no Nobel Prize for economics. It’s actually the “Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel,” funded by the central bank of Sweden. Robert Monks (“Corpocracy: How CEOs and the Business Roundtable Hijacked the World's Greatest Wealth Machine”) claims this was to help elevate the specious pseudoscience of Economics to the level of the other prizes.
I think the fact that I have to constantly replace small appliances well before they should cease to function with normal use is proof positive that we are being farmed and that the “save the environment” people do not in fact care about the environment. It is one of my biggest rage makers.
All we really need to know about economics is that without cheap to produce energy ... we are f789ed:
SEE PAGE 59 - THE PERFECTSTORM : The economy is a surplus energy equation, not a monetary one, and growth in output (and in the global population) since the Industrial Revolution has resulted from the harnessing of ever-greater quantities of energy. Butt he critical relationship between energy production and the energy cost of extraction is now deteriorating so rapidly that the economy as we have known it for more than two centuries is beginning to unravel https://ftalphaville-cdn.ft.com/wp-content/uploads/2013/01/Perfect-Storm-LR.pdf
I think this was a worthwhile detour; I enjoyed reading. You could have developed the stick idea more - I was struck by a similar thought when I ‘clicker-trained’ my dog. It felt like a cheap trick teaching her to treat a noise from a clicker as if it were a ‘treat’, - paying my honest dog in IOUs - then I realised that my husband and I were similarly trained to earn £££s that we will probably end up never spending (and that are constantly devalued…).