Understand that the Banking System is One
by Anthony Migchels (founder of realcurrencies.wordpress.com)
Far too much energy is wasted on analyzing the banking system to
death. The key to understanding its machinations is seeing that it is
one global system, controlled and directed from the top down. Shifting
blame from Government to Central Banks to Wall Street is just a
distraction.
Endless analyses of exactly who is to blame for what is filling the columns of both the mainstream- and alternative media. Is it Wall Street, the Central Banks, derivatives, politicians, economists, greed?
This article
by the Daily Bell is a typical example. In the article the Daily Bell
correctly analyzes that the Central Banks are trying to generate a world
wide depression. However, they present the Central Banks as a statist
operation, messing up the operations of free market players, which would
be the banks.
The problem with this is, that the Central Banks and the commercial banks are owned by the same people.
The banking system must be seen as a whole. It includes all the
Central Banks, all major commercial banks, BIS, the academic world
‘studying’ economics and finance and the financial press.
The Daily Bell is right to say that they are engineering a
depression. They are wrong to suggest that the CB’s are responsible for
this while the banks are not. Yes the banks are on the receiving end of
the CB’s, but they’re all just mere links in the chain of command and
control.
Central Banks were created by the banking community as lenders of
last resort because they went bust so often. They needed the CB’s to
maintain a certain stability within the system, otherwise they would not
have been able to maintain their monopoly on currency.
Nowadays CB’s are all powerful financial juggernauts allowing the
Money Power full control always. They don’t care about some of their
banks going bust occasionally, because they are just the vehicles
dividing the market among them. Their market control remains 100%.
When the CB’s do things to hurt creditors (the big banks) they do so
to damage their balances and their ability to lend. In this way the
illusion of real forces creating a depression is created. It’s the same
thing with the BIS raising capital reserve requirements. They know this
means depression,
but their sell is ‘stability’. The instability they created by
purposefully allowing the banks to leverage ever more only a decade ago
is conveniently forgotten by well paid academics and journalists who
most people think are on the lookout for these kind of things.
Stagflation is easily created by combining the deflationary bust with
rising prices for commodities through speculation. These price rises
then eventually attack the whole economy already strapped for cash.
In earlier times bankers just published an advertizement in their
Banker Magazine telling their members at what date to start calling in
loans. In this way contracting the money supply and creating a
deflationary depression allowing them to buy everything up for pennies
on the dollar. Nowadays things are a little more convoluted.
But for the few men controlling the system it is not. They just order: ‘create depression now’. Their executives push the buttons and voila.
All money volume must be managed, the problem is letting Zionist Jew vultures do it
And yes, it’s a gigantic control grid and very complicated and it is
very difficult for them to maintain control. But it still is a system,
being worked. And those that work it are the most powerful men in the world.
Massive funding for Gold based currency, support from the media, the
academics, political pressure. A real onslaught that will quickly
conquer the maiden ‘free market’. Then the easy contraction of the money
supply at will by controlling world Gold reserves.
Conclusion
The Banking System is One. It is controlled top down. Those that control
it are the Money Power. It’s global and it rules finance. It dominates
every Government on the planet through it.
Its basic operations are simple: maintain monopolistic control of the
money supply. Provide credit at interest. Create a boom/bust cycle by
inflation and deflation. Finance those under control or to be brought
under control and starve the rest. Translate this financial omnipotence
to Global Despotism.
The implementation of these basic policies have become more complex
during the last century. But for the controllers little has changed.
This is basically all we need to know about the problem. There is no
need to endlessly analyze what the CB’s are up to now or what Goldman
Sachs is doing next. They’re busy doing what they’ve always done.
We should be busy deserting the system and building new, really free and independent currencies instead.
RELATED –
The Few Banks that Rule All
http://realcurrencies.wordpress.com/2012/07/26/the-few-banks-that-own-all/
The Swiss WIR, or: How to Defeat the Money Power
http://realcurrencies.wordpress.com/2012/04/19/the-swiss-wir-or-how-to-defeat-the-money-power/
For Self Determination we need Free Currencies
http://realcurrencies.wordpress.com/2011/10/26/for-self-determination-we-need-free-currencies/
Babylon = Usury! We want Interest-Free Money !
http://realcurrencies.wordpress.com/2013/04/30/babylon-usury-we-want-interest-free-money/
Also please check out Anthony Migchel’s awesome new blog called ”
Making
Sense of the Senseless” at http://migchels.wordpress.com/
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