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Gordon Gekko's Blog
First they came for the communists,
and I didn't speak out because I wasn't a communist.
Then they came for the socialists,
and I didn't speak out because I wasn't a socialist.
Then they came for the trade unionists,
and I didn't speak out because I wasn't a trade unionist.
Then they came for me,
and there was no one left to speak for me.
-- Martin Niemöller, Nazi camp prisoner
‘I’m furious with myself,’ he said. ‘I had so many opportunities to
move my money abroad but was taken in by all the promises that any
attempt to raid my savings was a red line not to be crossed. Experts said it was against the law. Now, I’ve lost several thousand euros. As someone who is retired, the money in my account is all I have to live on for the rest of my life.
‘What’s really upset people is that they’ve been lied to. They were told that their money was safe
and that they shouldn’t move it and then they announce this. Everyone’s
accounts are frozen and the ATMs have no money. Some people are
struggling to get enough cash together to buy food and water...[people]
just feel that they’ve been robbed by the Government.’
--Chris Drake (Former BBC Middle East correspondent, retired to Cyprus) via dailymail.co.uk
(All emphasis mine)
So what are you going to do? Are you going to place your faith in the
"authorities" like Mr. Drake did? Will you wait for them to rape and
pillage you? Or are you going to take matters into your own hands. It's
time to take responsibility for yourself and your loved ones. The
Government and the Banksters ain't gonna save you. And if you think what
happened in Cyprus this weekend is a "one-off" and it can't happen to
you -
even if you're outside the Eurozone - think again. The fact
of the matter is that this was THEFT of private property - pure and
simple. And just because it was performed by mafia dressed up
in Government regalia and bearing authoritative three letter acronyms
(ECB, IMF et. al. – all banker fronts) doesn't mean it wasn't one. This
shows us that the Government and the bankster mafia who control them are
willing to go to
any length to have the public reimburse their
“losses” and transfer public wealth into their own pockets. And they
just declared outright war against the public.
Anybody in Spain or Italy who's watching what's happening in Cyprus
and doesn't withdraw their money RIGHT THIS MOMENT from their banks
deserves
what's coming their way. This is as loud and clear as it gets folks. And it’s not just Spain or Italy or Greece or even the entire
Soviet European Union – it’s the whole world. You won't get a personal warning letter from your
feudal overlords government. And you can't say you weren't warned.
But it's not just enough to withdraw your money from the banks.
That's just the first step. A global financial tsunami has been brewing
and the waters have been receding for a while. It is upto you to pay
attention to the signs and get as far away from the coast as possible
which means you need to withdraw
completely from the system to
safeguard your hard earned wealth. The global monetary system today is
nothing more than a giant global pyramid scheme which is now collapsing
(hence all the "crises"). Just as in a Ponzi scheme, those who get out
first will suffer the least amount of losses. But before I explain how
to get out of the system, we need to understand what “the system” is.
Also remember, this system is same in all countries today.
Will you be one of these people?
A Crisis Created by the Banksters
So what is this "crisis" in Europe that we all keep hearing about?
That every one of the citizens must sacrifice an arm and a leg if we are
to avert Armageddon? What would happen if we don't bail out the banks
and let them collapse? Would it really be so bad? The "authorities" in
our academia and government would have us believe that "the crisis" is
born of "natural" causes i.e. it is simply a fact/force of nature. It's
nobody's fault! Greed is simply human nature and these things happen.
It's the damned "business cycle". Now we must all come together like the
obedient little slaves that we are and engage in shared sacrifice to
"solve it" and save everyone, especially the banks.
One word: BULLSHIT.
Well, the cause of "the crisis" goes to the very heart of how our monetary/currency system operates today.
The Money
If we are to understand the crisis, first we must understand money - a
topic which the masses have deliberately been kept ignorant about. A
complex economy such as ours consists of a multitude of goods and
services which can be in varying demands at various points of time.
Hence a medium of exchange is required that acts as a proxy for all the
goods and services in the market (so as to enable complex exchanges) and
in the process provides information about their relative demand and
supply in the market via price signals (even interest rates are nothing
but price signals - the price of money and since money is a proxy for
all the resources in an economy - the price at which excess capital in
the economy is available for utilization). Producers and consumers then
use this information to decide on the allocation of resources - what to
produce, how much to produce, etc. For this allocation process to be
efficient (i.e. satisfy the wants and needs of everyone with the least
amount of wastage) it must be essentially decentralized, since a single
entity CANNOT know what everyone wants. This is why the Soviet Union
collapsed.
Money, then, is an information mechanism which lets the producers and
consumers perform calculations as to the most efficient allocation of
resources at any given point of time (a software, if you will,
controlling the hardware of the economy). It must be some good that is
universally acceptable - that
the market has "elected". And just
as you need a standard scale of unvarying length to perform measurements
of distance, you need a substance whose supply remains fairly constant
over long periods of time to perform calculations of economy.
Fortunately, the market discovered such a substance fairly long ago -
Gold (as evidence that it is
the substance, I present Gold's
highest stocks to flow ratio
of any "commodity" and the only one whose demand does not vary with
supply). Unfortunately, somewhere along the line, it all went horribly
wrong.
How It All Went Wrong
Now imagine someone wanting to control the economy for
their benefit; wanting to have something for nothing i.e. somebody who
wants to STEAL from those who are productive. Enter the
mafia banksters.
All they would need to do is control the medium of exchange or money
and voila! But there's only so much Gold to go around. What if you want
to appropriate unlimited resources from the economy for your benefit?
You need something you can create at will. Enter paper money. So
gradually, over period of time, operating behind the curtains, banksters
in cahoots with the politicians replaced paper receipts for Gold (just
take a look at the higher denomination US dollars circa
late 1920’s)
with paper tickets backed by NOTHING. An IOU for Gold became an
I-O-U-Nothing. Knowing their worthless paper money wouldn't be a
voluntary choice, they enlisted the Government as their enforcer and
accomplice using bribes and threats (hence the
legal tender laws, and for those of you who don’t know or remember, I present the
Executive Order 6102).
Hurrah! Now they could print and spend as much as they wanted! But
alas, there is a fly in the ointment - if they directly used this paper
money, the currency would quickly dilute and the scam would fall apart.
What to do? Yup,
"lend" the money. Thus began the creation of the biggest Empire of Debt backed by the most powerful mafia the world has ever seen.
A Global Ponzi Scheme
So this is how the scam works. Realize that the bankers need to do
two things:
- Keep creating new money supply
- Keep extracting the already created money
Make no mistake, the second is as essential as the first otherwise
the money supply would increase too fast in relation to the goods and
services produced, the currency would decline in purchasing power too
quickly and the scam would fall apart. They first need to ensure that
you do the work and create production for them to appropriate via the
extracted money (and maybe some freshly printed money on the side –
who’s watching anyway?).
They achieve the first by loaning new
money out of thin air (mostly via entries in a computer today). The Banks
1
"lend" "money" to both the Government (government bonds) and the
citizens (credit card, home loans, etc.). Lending to the government is
an important part of the scheme as they have to bribe the enforcer of
their scheme. The politicians don’t give a shit, its free money so far
as they are concerned - it is the citizens who will pay it back. Plus
who doesn’t love unlimited free money? The Government can issue as many
bonds as it desires knowing the Central Bank
2 stands ready to buy all of them with freshly printed money, if other morons don’t. The banksters also ensure that there will
always be a demand for loans as lending means they demand paying back of the principal
as well as the interest.
But realize this: they NEVER created money for the interest, only the
principal. So how will someone – whether government or citizens – ever
pay back the interest? They can’t. They’ll have go bowl on hand to – you
guessed it – the banksters. This is why debt in all the nations (both
government and private) always increases. Increasing debt is a feature
of the system, not a bug. The system is operating exactly as was
designed - to trap the people in perpetual debt slavery. And contrary
to what you may hear from “experts” and the MSM, the amount of debt in
the society will
never go down and will
never be repaid but - as I will explain below – only end with the collapse of the currency system.
Now this demand for repayment also ties in to the second part of their scheme – extraction. This is how they do it:
- A huge portion of the Government taxes you pay go towards paying the
interest on the government bonds which the bankers own i.e. indirectly
your taxes are being paid to the bankers. No wonder the IRS and the Federal Reserve came into being together.
- A huge section of the society is always in debt. This is not hard to
fathom – a huge portion of your income is extracted via taxes and loan
payments on your personal debt. Now, personal debt is not a choice under
such a system as availability of unlimited money (credit) for goods in
the economy creates price inflation making them out of reach for most
people unless they take on debt. Just ask around – how many of your
colleagues, friends, relative are in debt? Yup.
Do you see the sheer evil genius of it? Basically the banksters have
created a system where they give money from one hand, take it back from
the other – all the while making you run on the treadmill of jobs
(slavery) – THEIR slavery. They are free to spend the extracted
money-out-of-thin-air as they want but
you have to do productive
work for it. Make no mistake – this is modern day slavery - earlier they
used chains and whips, now they use debt.
But What Does All This Have To Do With “The Crisis”?
Everything. Because there remains yet another fly in the ointment,
which even the bankers don’t have a solution for as its genesis lies in
the very system they have created – central control of money. This
central control of money causes huge misallocations in the economy. What
is a misallocation? There is a lot to this which I can’t cover in this
article such as manipulation of interest rates, so I recommend you do a
bit of your own research (especially refer to the work of Austrian
economists such as
Mises), but briefly:
Since the money is now centrally controlled for the benefit of the few
(government and the banksters), all the price signals go haywire. Money
is handed out to connected but incompetent people who produce NOTHING,
people who produce are taxed to death and money is transferred to
insiders in the money system, investments are made where none are
required (e.g. real estate) which results in things being produced which
have no demand whereas things that have demand (e.g. food) are not
produced. The inefficiencies in the system become huge and vast
productive resources are wasted. There is a whole bunch of consumers and
spenders (including the banksters) but not a lot of producers. All of
which means that over time two things happen in such a system:
- Overall money supply increases but the extractions start to decline.
This is because loans are being made but not as many of them get paid
back.
- The amount of goods and services (which people want anyways) available in the economy also start to decline.
An increasing money supply and declining production results in the
decimation of the currency’s purchasing power as evidenced in the charts
below. These charts are for the USD, but hold true for every currency
in the world today:
Unlimited Money...
.... Leads to Unlimited Debt
And the corresponding chart for price of Gold:
Gold price since 1973 (before this it was “fixed” at $35 an ounce after the 1933 robbery). Just to be clear, it is not the gold that is rising, but the USD that is declining.
The Dollar's Purchasing Power Since the Creation of the Federal Reserve in 1913
If you take the limit case for the last chart, you get hyperinflation – the currency becomes
worthless (which correspondingly means Gold becomes literally
priceless – remember, it is the
real
money) and the game is over – and as you can see, we are VERY close to
it. No more looting. This is what the banksters are so afraid of and
this is “the crisis” –
their desire to continue pillaging the people.
They NEED the extractions to continue, not only because it is their
“income” and to prevent “losses” (both these terms mean nothing to
someone who owns the money supply as they can always create more) but
because otherwise the money supply would increase exponentially (the bad
loans already made). This would kill their franchise - the currency.
This is also why they can’t just print up and use any amount of currency
they need.
But eventually the misallocations become so huge that there is
nothing left to extract. The productive citizens have already been bled
dry. This need for extractions is what is behind all the demands for
“austerity”, the reason for directly robbing the bank accounts of the
people. But no matter how much they extract, it doesn’t make a
difference because the misallocations will always keep on increasing.
The currency is doomed. They might be able to slow the process but
hyperinflation is guaranteed in a fiat money system. Eventually, it only
matters who gets out first before the currency collapses. So the only
question is:
Will you get out in time?
What happened in Cyprus is simply an overt manifestation of what
they've been doing all along. It’s just that up until now there were
enough productive resources in the economy for them to extract. But as
the malinvestments increase and the productive base of the economy keeps
on shrinking, as it must for reasons outlined above, they will directly
try to appropriate private assets to "cover their losses" (keep the
franchise alive). Which means they will need to employ ever more
forceful tactics to subdue the populace. Cyprus is just a test run by
the global banking oligarchs. Once they are aware of and have prepared
for the fallout, they WILL implement this in every nation on earth. How
long before you think they will come for you? It’s only a matter of
time.
So What to Do?
By now it must be clear that if this looting scheme has to ever end,
this fake money system has to end. And whether you like it or not, end
it will because as outlined above, the system contains in itself the
very seeds of its destruction. Think of it as virus - a parasite - that
has infected an otherwise healthy global economy which must be rid of. A
forest fire, if you will, that must clear the dead plants
(malinvestments) to make way for the new. It is the law of nature. But
if the host - YOU - doesn't fight back, the parasite of global banksters
will kill the host alongwith itself. If you don’t collapse the system,
the system will collapse you. Do you wish to sink with the collapsing
system or be one of the survivors to begin a new one?
There are two interdependent objectives at play here. If you choose to take steps for one, the other automatically follows:
- Healing the economy: The system must be
collapsed for the much needed capital reallocations to productive hands
to begin. Sure, collapse is a guaranteed outcome, but the sooner it
happens, the lesser the damage to the economy and faster the recovery.
- Preservation of wealth: By this I don’t
mean preservation of the fiat digits in your account. Wealth is not
currency notes but the real resources and people of this world. When the
reallocations start you need to be ready either by already owning
productive assets (whatever is left of them) such as farmland etc. or
claims to them that will be universally honored (Gold).
Yes, the global bankster oligarchy is powerful. It’s David vs.
Goliath, I know. But as powerful as the Goliath is, he has a weak spot
you can hit:
The Currency
Think of this as
guerrilla war.
There is no sense in outright confronting a huge and powerful enemy
because you will be decimated. But there are peaceful and strategic yet
powerful steps you can take, namely: Vote with your feet.
Reject the currency.
The system cannot survive if you don’t participate. I know you can’t do
it overnight but you can start to minimize your participation. And know
this: If a majority of you does even
one of the below, the system
will collapse overnight without so much as a shot fired. Here is what you need to do:
1. Leave as little cash as practically possible inside the banking
system. As a rough guide, keep only that much which you are willing to
lose (as in 100% loss). Yes the banks will collapse, but that is the
desired outcome. Contrary to what the authorities want you to believe,
we will survive just fine without the banks. Sure, there will be some
short-term hardships involved but think of it as an alcoholic
recovering. Longer term it will be healthier. Don’t fear “the contagion”
"Clearly this is a negative development for European assets but in the terms of contagion we think it is quite limited,"
What this guy means is that he thinks people aren’t clever enough to
realize that the banksters are going to loot everyone. He expects people
to bend over and take it. Prove him wrong. Let the damn contagion
begin!
2. DO NOT be invested in any paper securities inside the system such
as bonds, stocks, derivatives of ANY kind, even though they may be
"guaranteed" by the
mafia government and/or may carry
"AAA" ratings. If you still trust "sovereign guarantees" or rating
agencies after all that has happened, I'm sorry but you
deserve to lose your money. Dump ALL paper assets. Now.
3. Convert the maximum possible amount of your fiat money into Gold and Silver, but remember to
pay cash only and
hide them in a secure location which you can access anytime (and as of
the great Cypriot robbery, no bank lockers are safe anymore). If you
need to understand why it is important to buy Gold and why this will
preserve your wealth –
especially during a currency collapse - please read
this and
this.
If the country you reside in is making hard for you to buy PM's -
MOVE, for this is an indication of depredations to come. If they are
requiring identification/ tracking if you buy over an X amount, just
keep buying a little below it as many times as required (guerrilla
warfare). But keep it discreet. And, yes, I know the government can
confiscate PM’s but nothing’s stopping them from confiscating your fiat
digits either. There are no guarantees in life. At least this way you
still have a chance.
4. Although precious metals in your own possession is
the safest
place to park your hard earned savings, if you wish or need to
diversify beyond the precious metals, invest only in real assets in
safe jurisdictions. By safe I mean which are furthest from the control
of feudal lords of western "civilization", although I'm not sure there
are many these days. The best real asset I can think of aside from PM's
is cultivable farming land, but I’m sure there are many others.
5. Minimize usage of bankster money in daily transactions by using alternative currencies (such as
Bitcoin) which they cannot track and tax.
Disclaimer:
I haven’t done much research on Bitcoin or other such p2p currencies,
so do your due diligence. The only guarantees I can make are for Gold.
If your circumstances permit, try to start making a living outside the
bankster controlled wage-slave economy. The lesser number of slaves
there are to exploit, the faster the system will collapse.
6. Wake up as many people as you can.
Let's make this shit viral.
So, unless you want a bankster at your doorstep with a gun to your
head – like it happened in Cyprus - it’s time to take the fight to them.
Rip them banksters a new one!
Let this not happen to you:
He who panics first, panics best. Clearly, these people didn’t know it!
And if there ever was a picture worth a thousand words – or 3,835 in this case :-) – this is it:
