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Derivatives, Or: How The Money Power Created The Greatest Depression

Robert Rubin, Alan Greenspan and Larry Summers

Left: Robert Rubin, Alan Greenspan and Larry Summers, three of the main architects of the derivative induced Greatest Depression. As usual, the Ministry of Truth portrays them as those who prevented collapse.
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I’m reposting this article. The reason is that it’s the Derivative Bubble that must have been crashing behind the scenes. As a direct result of unpayable debt, which is ‘insured’ with (the wholly bogus) derivatives.

Major defaults are coming within weeks, a couple of months at most. And it will hit America. It’s the Petrodollar that has evaporated. It’s the American Empire that is imploding. 

This is the key point: “

It is more than interesting that it is the American banks that run the trade. The top 5 banks that are the counter parties may look strong now, but they’re actually in an extremely vulnerable position. While sold to manage risk, it’s in fact these banks that ultimately carry all risks in the financial industry. This is an accident waiting to happen.

This could be classically interpreted as just another example of American imperial over reach, but if one realizes the Money Power is not the US Empire and looking to put America and its dollar down as the hegemon, an even more sinister picture emerges. These banks are at the core of the American economy and the Money Power can at any moment detonate a nuclear bomb right at the heart of the American Empire by just popping the derivative bubble. True, it’s very difficult to fathom how the global financial system itself could survive such a melt down, but knowing what the bankers are capable of, and the direction they seem to be heading, it’s an interesting scenario.”

This is proving rather prescient.


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Depressions and the boom/bust cycle are wholly artificial phenomena. In earlier days, Bankers created deflations simply by calling in loans. Nowadays things are a little more complicated, but crashing the money supply is still the main thing. Derivatives are today’s preferred method.

Let us first reestablish that recessions and depressions are caused by deflation. Here’s the graph showing the money supply over the last few years, courtesy of Shadowstats:

M1, M2, M3 over the last 10 years
M1, M2, M3 over the last 10 years

Let us analyze a little what this graph shows. M3 is the main issue here. This is because it is the widest definition of the money supply, including long term deposits and several other forms of liquidity, including some derivatives. M3 is most telling about what is happening in the shadow banking system.

In the first place, M3 is first shown in red, then in blue. This is because Greenspan ended Fed reporting of M3 in 2006. An unbelievable scandal, off handedly done away with as a cost cutting measure.

However, we can clearly see the malicious intent here, because Greenspan was just hiding what he knew what was already starting: a massive inflation, followed by a legendary crash in M3.

As said, M3 is the widest definition of money and directly related to this is that the main deflation after 2008 happened in the shadow banking sector, non-banking lenders, like hedgefunds. It was the implosion of the derivatives that caused M3 to tank in the way it did.

In 2008, we see that M1 starts to peak when M3 crashes: this is the Fed printing money: they were buying up busted derivatives, in effect replacing derivatives with ‘real’ (freshly printed) dollars and bailing out the busted loansharks.

This is also where the rumor of hyperinflation stems from: the Austrians were only looking at M1, endlessly showing the peaking balance sheet of the Fed (M1).

Austrian Economics in general of course is always fearmongering about hyperinflation while promoting deflation. As a result, many reasonable people these days will say, ‘well, declining prices you know….’. But deflation means money is becoming worth more and this is nice for those who have a lot of it: the ultra rich in particular. During deflation wages decline too and this is not so good for those working for a living, being most of us. Much worse: debts become worth more in real terms, which is obviously disastrous with everybody drowning in debt.

And the deflation is simply the reason the economy is in shambles. The contracting money supply causes a collapse of demand in the economy.

In this particular instance, the Money Power created the depression with the derivative trade: first blowing a huge housing bubble with them, and then busting them. Next, the shadow banking industry collapsed. As a result, the housing bubble was starved from easy credit and imploded. The Fed bailed out all the banks and billionaires with their hedgefunds, no harm done there, but Mainstreet is now saddled with a huge debt, millions of homes underwater. Nobody is bailing them out. On the contrary, it’s Wall Street that is buying up all the homes for pennies on the dollar. QE funds this, as it does the ridiculous NYSE record breaking bull run.

Meanwhile, the economy is a mess, ongoing depression and it does not look like the Money Power is done with us quite yet.

How they do it
Of course, all this is a little convoluted. One needs to see that the Banking System is indeed One, that they all own each other, that it is run from the top down globally. There is no ‘chaos’ as described by the financial press, both mainstream and alternative. The financial system is operated just as any other system.

In earlier days, bankers just had a nice confab, agreed to start calling in loans at this or that moment and creating panics and depressions was much easier. Nowadays a good story is needed. But there is an ample supply of those and the derivative trade is just the modern way of both plundering the non-insiders and controlling the entire system.

For Mainstreet, there are many stories. That greed causes it all (not untrue of course), that we need to consume less, because the Earth cannot sustain our way of life, that there is a lack of faith, that structural reform is necessary, that we are losing the competition with China, etc., etc.

But all these narratives just serve to hide the truth: that the boom/bust cycle is a totally artificial tool of plunder and centralization of wealth and power by a centralized financial system.

The Derivative Congame
Derivatives are financial products, that are derived from more ‘real’ assets.

A famous example are the Mortgage Backed Securities (MBS). Taking for instance ten mortgages, slicing them all in ten pieces, mixing a tenth of each together and selling them as one product. The buyer is then owner of one tenth of ten mortgages, instead of one complete one. The idea is that this spreads the risk of default.

Another example are the Credit Default Swaps. Lenders buy guarantees from other lenders: if a loan goes sour, the lender is no longer on the hook for the (entire) bust. The rationale is again that risks are shared by the lending community.

Very important (in terms of trading volume) are derivatives that ‘insure’ against higher or lower interest rates. Interest rates (the cost of money) ultimately drives the entire financial world and swings in interest rates can destabilize institutions.

As always, the rationale is just the sell. If we want stable interest rates, I suggest going 0% always. That certainly would solve a great deal of problems, but it would also end Plutocracy, of course, so it’s not really on the horizon for the time being.

In reality, derivatives are nowadays the main plundering scheme, run by the main players. It transpires, that the top 5 Wall Street banks (JPM, BofA, Morgan Stanley, Goldman and HSBC) are the counter party for 95% or more of all derivatives worldwide. This means that they are ultimately on the hook for all risks insured in the entire financial sector, globally. Obviously, this is hardly stabilizing. Quite the opposite is the case, as it goes without saying that these banks simply don’t have the assets, huge as they are, to make good on their promises, should things go wrong. Which they must.

As always, in purely Orwellian fashion, their ‘idea’ of ‘spreading risks’ has in reality done the exact opposite.

This is one key reason why we have Goldman Sachs alumni in European Governments everywhere: should European sovereigns default on their loans, Goldman Sachs would be one of the players who would have to pay up as the ultimate counter party in the Credit Default Swaps market and this would vaporize them long before everything would be settled.

The derivative trade is hugely lucrative for players, as long as things go well. Their total nominal outstanding value was at some point nearing a Quadrillion, dwarfing total global GDP. What is more, they are all off balance: they are not seen as assets and they are not part of the Generally Accepted Accounting Principles (GAAP).

This means that nowadays nobody really knows anymore what the real asset position of any financial institution really is: they might have huge obligations through the derivative trade, but it’s not visible in their books.

Derivatives are obscure instruments and are nowadays the main game for fleecing unsophisticated investors. Pension funds, municipal entities, semi public institutions and the like. Interest based derivatives are simply bets: interest rates can go up or down and while they are officially for ‘insurance’ against unexpected swings, they are in reality mainly used for speculation purposes.

It is the derivative trade that brought Detroit down. Of course, Detroit is not really down, their CAFRs (Comprehensive Anual Financial Reports) show plenty of assets, but that’s another matter. However, Detroit was suckered into speculating with tax payer money, their conscience eased with the narrative that they would ‘help stabilize the Financial System’ and everybody would get rich. They went bust instead and now pensioners can pay.

Another good example is Vestia from the Netherlands, until a few years run by the now disgraced Eric Staal. A few decades ago Public Housing institutions were semi-privatized into QUANGOs (Quasi Autonomous Non Governmental Organisations),Vestia among them, with the predictable consequences: quickly rising rents and salaries for top management as a result of focus on ‘efficiency’ (profit) instead of effectiveness (service to tenants).

Eric Staal was a typical example of the ‘new manager’, ambitious, egotistical. Thinking he could play ball with the big guns. They lured him with some superhot ‘account managers’ in short skirts, copious diners, and expensive call girls. Next, his bets went south and Vestia can now cough up 2 billion euro. Which they don’t have and for which tenants can now pay up in the coming decades (with interest, of course) with higher rents.

It’s easy to blame Staal and to mock him for getting busted, but in reality the man was just suckered into something that was way above his head and this is a pure congame by soulless vipers. These people are very adept at exploiting ambition and other human weaknesses.

Larry Summers and Wall Street
August last year, Greg Palast published a bomb shell memo by Larry Summers, front running candidate to succeed Bernanke at the Fed at the time.

In the 1997 memo it was made very clear that Summers, with the Treasury at the time, was conspiring, completely illegally, with a couple of the main Wall Street Kingpins to force deregulation of the derivative scam worldwide. Rest assured that this publication was the reason that Summers missed out on the Fed presidency, which would have crowned his already despicable ‘career’.

This in itself creates the interesting question who wanted him out of the equation, and organized this by leaking to Palast, but that is another matter.

Of course Summers and the named bankers should have been arrested immediately, the memo provided more than sufficient grounds for this, and jailed for the rest of their lives. These people are the prime culprits of the 2008 implosion and should never see the light of day again. The memo shows them openly discussing the ‘end game’ of full control of the economy by the financial industry.

But hey, too big to jail, you know. Obviously, locking up people destabilizing the system would be very destabilizing in the colorful narrative of ‘democracy’ and ‘economics’ and ‘the legal system’.

But Palast’s memo was the smoking gun that proves that the derivatives scam was foisted on the financial industry by some of the highest executives of the Money Power and it must be obvious that the ‘disaster’ of 2008 was only a disaster for those picking up the tab: the tax payer and those losing their jobs, houses and businesses through artificial deflation.

The Bank of International Settlements
The BIS is the apex of the global banking system, the Central Banks’ Central Bank. It’s the main executive in what Quigley famously described as “The powers of financial capitalism had another far reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole.”. It’s the top of what the Economist called ‘the marvelous edifice of international finance’.

And the BIS does indeed hold a crucial trump card when it comes to the global management of the volume of money and thus the creation of the boom/bust cycle: it sets the capital reserve requirements for banks. It was the BIS raising capital reserve requirements in the late eighties that made the Japanese banks insolvent overnight, popping the outrageous Nikkei/Real Estate bubble that had overtaken Japan. They never recovered and neither did Japan.

The BIS of course knew well what was going on in the 2000’s with the derivatives and real estate. The derivatives allowed huge leveraging by the banks, many of which at some point had no more than 2% in capital reserves. BIS policy now is to raise capital reserve requirements, officially to ‘improve stability’, and this has a huge impact on the banks’ capacity to lend, guaranteeing ongoing depression.

The BIS, in its publications, is also openly calling for stronger deleveraging and the end of quantitative easing.

What does it all mean?
As we have seen above, the basic sell for derivatives is that they manage risks. This was very important, because they helped create the false sense of security with the banks and regulators in the 2000’s: the idea was that lending had lost its traditional ‘risks’ and that therefore speculation in real estate was no longer a problem and that real value was being created.

Of course, nobody in his right mind, most certainly not the bankers, believed this, but the point is that bubbles need to be blown so they can be popped and this happens to be the story with which they blew the housing bubble of the 2000’s.

Mortgage Backed Securities now made sure that everybody, including sub prime borrowers, could get a mortgage, interest rates were kept low, and housing went through the roof. Next of course problems emerge, borrowers can’t pay and Mortgage Backed Securities all of the sudden transpired to not at all have taken any risk away.

The top people of Wall Street have created the scheme top down. This has a number of important implications. In the first place: these people are not going to take undue strategic risks with the financial system. Contrary to popular folklore, it’s not short term gain that drives them primarily. They’re master strategists. They knew exactly what they were doing. They knew there were going to be huge bankrupties and they knew the Fed would bail them out. Bail outs are one of the main purposes for which they created the Fed to begin with.

After 2008, the derivative trade just continued to proliferate in a completely unsustainable way. Hundreds of trillions of nominal value and although this greatly overstates the real risks involved, it has already been shown what damage they can do. A next round is guaranteed.

It is more than interesting that it is the American banks that run the trade. The top 5 banks that are the counter parties may look strong now, but they’re actually in an extremely vulnerable position. While sold to manage risk, it’s in fact these banks that ultimately carry all risks in the financial industry. This is an accident waiting to happen.

This could be classically interpreted as just another example of American imperial over reach, but if one realizes the Money Power is not the US Empire and looking to put America and its dollar down as the hegemon, an even more sinister picture emerges. These banks are at the core of the American economy and the Money Power can at any moment detonate a nuclear bomb right at the heart of the American Empire by just popping the derivative bubble. True, it’s very difficult to fathom how the global financial system itself could survive such a melt down, but knowing what the bankers are capable of, and the direction they seem to be heading, it’s an interesting scenario.

Conclusion
Blowing bubbles and popping them with alternating inflations and deflations is, with Usury, the Money Power’s core business. Each cycle has its own story and derivatives are the story of the Greatest Depression. The worst is yet to come. Years of scarce money, depression and centralization of wealth lie ahead of us. They will undoubtedly manage to spring something nasty on us yet.

At the moment the economy is temporarily improving a little bit, but we have been looking for green shoots for years now. In reality, indebtedness globally, both private and public, is much worse than in 2008. For years the Central Banks have been postponing the real pain, but huge deleveraging is necessary within the current paradigms of financial management.

As always, it’s not even so much the debt, but the Usury that is the issue. Even Greece could pay off all its debts within 20 years just from what it loses to debt service today. Most nations have, since the 2nd World War, paid more in interest on their debts than they have debts outstanding.

But the banks have us exactly where they want us: unsustainable debt, a huge portion of our incomes raked in through Usury, the ‘need’ for deleveraging, resulting in deflation and thus giving them the depression they so clearly crave.

Within the paradigms of the current system, this cannot be solved. Only ending banking as it operates today can end centuries of wholly artificial booms and busts.

But this will only become possible when people stop wondering about corruption in finance and start seeing finance itself is corrupt.

Related:
The Dying Dollar and the Rise of a New Currency Order
The Inflation vs. Deflation Dialectic
Austrian Economics, Apostles of Austerity Defending Deflation
Understand that the Banking System is One
The Few Banks that Own All

The Petrodollar Is Dead! Long Live The IMF World Reserve Currency!


(Left: there is no ‘virus’. There are only Bankers.)

Exactly 18 months after Mark Carney officially announced the end of the Petrodollar, and its replacement by an IMF World Reserve Currency, the IMF announces that they will create $650 billion worth of Special Drawing Rights.

By Anthony Migchels, for HenryMakow.com.


It’s an astounding event. The IMF ceases lending in Dollars, and starts using its own currency to bail out Nations. Ninety of which have asked for ‘assistance’, their finances savaged by the Lockdown.

$650 billion may not sound that much, but surely this is only the beginning. Soon the IMF will be throwing around trillions worth of SDR like the Fed now is doing with USD.

The idea is that the IMF currency can be used as reserve currency. And they will, the Petrodollar is inflating badly, and has lost perhaps as much as half of its value in real terms over the last 18 months or so. The Euro and the Yen are also in bad shape, hiding the true extent of the Dollar’s decline. Nobody is going to be happy to see their reserves (or savings) melt away.

This may sound either bizarre, or even hardly relevant, but it is. Everybody is bamboozled by the Lockdown and the ‘virus’, but in the background a huge financial crisis has been ongoing. Let’s recapitulate the key events over the last few years, that led to this crunch moment in World History.

0. The foreplay was the Fed starting tapering in 2017. Presumably trying to take some of the liquidity they had injected during the 2008 Crunch out of the System. And raising rates. This had the entirely predictable, and indeed widely predicted, effect of creating a major liquidity squeeze in the System.
Here’s the trend of M2 growth, a key money supply measure:

This image has an empty alt attribute; its file name is m2.jpg

As is clearly visible, the Fed’s tapering simply caused a deflationary crash, just as they did in 2008, and 2001. Money growth went to zero, it needs to grow about 10% per year to keep the System sufficiently liquid. Basically to keep the Usury on the debt payable, that is what is driving money growth. There is never enough money to pay interest + debt.

1. But the story of the death of the Petrodollar and the rise of the IMF World Reserve Currency starts in earnest in August 23d 2019, when Mark Carney, Bank of England chief at the time, in a meeting with colleague central bankers, announced that ‘within ten years’, the Dollar’s role as World Reserve Currency would end, and that it would be replaced not by the Yuan, but an IMF World Reserve Currency. He added that a change of reserve currency is typically associated with ‘dramatic upheavals’.

2. Then, not a month later, on Monday September 16th 2019, problems started mounting on the repo market, where Banks and other ‘institutions’ go for daily short term loans to balance their books. It went as high as 10%. This indicated that players in the shadow banking system didn’t trust each others’ collateral anymore. They effectively stopped lending to each other. One may remember the Libor rate in 2008, which went up, indicating the same problems. This means these ‘institutions’ were technically bankrupt.

3. This then, was the excuse for the Fed to start QE 4. At first, they said they would start a) buying up treasuries, and b) provide ‘short term loans’ on a daily basis to insolvent ‘institutions’.
It started with about $75 billion per day, which nowadays is small beer, but things escalated quickly. On January 3d 2020, the day Soleimani was executed, the Fed reported that they had already doled out $6 Trillion in day to day loans.

4. Things worsened only from there. When the World Wide Lockdown started, March 16th 2020, the Fed was already providing a cool $1 Trillion per day in loans to the shadow banking system. That fateful day, when 4 billion people were given house arrest, they started a $4 Trillion ‘asset purchasing program’, basically allowing the bankrupt ‘institutions’ (it’s very sad Newspeak to call these plunder operations ‘institutions’) to off load their junk to the Fed, in a bid to ‘solve’ the problems on the repo market.

Yes, we got locked up as they gave $4 Trillion to the Bank, that’s literally what happened. It was all sold as ‘panic due to Corona’, but the real ‘panic’ (in reality, it’s all orchestrated A to Z) was on Wall Street.

5. Several ‘packages have come through Congress since that bailout. Mnuchin gave Wall Street another Trillion. Biden has just signed a $3 Trillion deal, most of which goes directly to the filthy rich too.
All in all, the Fed and the US Government have added $12 Trillion in new dollars to the System since September 2019.

6. As a result of this inflation the obvious is happening: rising prices. Especially in commodities. Everything is up 50% or more, lumber 180%. It will take a little time for these prices to translate in rising prices of all goods, but they will.
There’s also massive housing speculation. In Vancouver, Australia. Much of it is driven by China, which has expanded credit with an even greater amount than the Fed over the last few years. Some say as much $30 Trillion.

7. Much of the inflation goes to the Stock Exchange, resulting in the ridiculous ‘boom’ there, which is 100% totally artificial, and would not exist without the Fed.
Between September and December 2019, the S&P went down from 2905 to 2416. This must have been because of the disastrous liquidity squeeze in the shadow banking system that became apparent with that 10% repo market interest rate spike.
Then, because of QE, it started climbing like crazy again, all the way up to 3380. Next, it lost a full 1000 points in the week after the Lockdown started. Presumably because of ‘covid’, but it had nothing to do with that, it was the same problems in the financial system, for which they were providing already a Trillion per day on the repo market, and for which they conjured up that $ 4 Trillion bailout.
Since then, the S&P has risen to 4019 today. Another 600 point rise while the real economy is in shambles due to the Lockdown.

This image has an empty alt attribute; its file name is image-2.png

8. The result of all this is obvious: it has killed the Dollar. Just as ‘economist’/bankster agent Kyle Bass said they would do to ‘fix’ America’s finances back in 2011. Both its value, and its status. Dedollarization is ongoing and has been escalating. The already crumbling Petrodollar is not going to recover from this.

The IMF’s move confirms this: the new loans are in their SDRs, not in the usual Dollars. Washington’s dominance in the IMF is officially over. From now on, the IMF itself dominates.

The latest from the Markets
The latest news is that bond markets are now starting to show rising yields. Id est, interest rates are rising. Those holding Treasuries are going to take a huge hit with high inflation, and they’re, belatedly, waking up to that fact. Rising yields are the natural result, but of course higher interest rates are crushing for debtors. That is the unsolvable (within the usurious financial paradigm) crucifix that the People are nailed upon: either inflation, or deflation. Or better, first inflation, then deflation. Classic boom bust creation by the Bankers, they’ve been doing this throughout Modernity.

Just last week, March 31st, the Fed, in a shock announcement, said they would not prolong a ‘short term’ measure they installed last year ‘to calm markets’, which involved looser demands for capital reserves for ‘financial institutions’. De facto this means Banks and hedge funds must hold higher capital reserves. And this definitely has tightening effects on money. In fact: it likely has serious consequences for lots of ‘distressed’ outfits on Wall Street, including the Mega Banks themselves. Remember, they wouldn’t lend each other just months ago, and they’re still all out on a limb, relying on eternal, and ever higher bailouts by the Fed.

It can’t be much of a coincidence, that immediately a major hedge fund, Archegos, collapsed.

It remains to be seen how far the Fed is willing to take this, but all bets are off. They’re capable of anything. They’re clearly on the war path, and destroying what’s left of American Hegemony, so it’s far from unlikely that they could be out for some serious blood.

If we have indeed witnessed the end of the Fed’s expansion, major defaults seem all but unavoidable. They simply can’t bail them all out all the time, even if they would want to.

Conclusion
This is it.
What we’ve been discussing for two decades or more in the Alternative Media is now coming to pass.
The Petrodollar is officially over, and the IMF is creating their own World Reserve Currency, the Special Drawing Rights.
They are no longer lending in Dollar, but in their own money.
Washington no longer dominates the IMF, the IMF is now the morphing into the official World Central Bank.

Officially owned by all the Nations, but in reality owning all of them.

And let there be no mistake: if there’s a World Central Bank, and a World Reserve Currency, open World Government is not far away.

The Dying Dollar And The Rise Of A New Currency Order
NWO Magick: A Faux ‘Pandemic’, And A Very, Very Real Financial Collapse
Trillion Du Jour For Parasites
The Crunch Is Back, There Will Be A Gold Standard, And It Will Be Disastrous

Too Early To Entirely Write Off A Trump Counter Coup Yet


(Left/Above: Joe here said on TV “we have put together the greatest voter fraud system in American history”, and next proceeds to steal a massive land slide for Trump in broad daylight. This is the best the New World Order has got?! It seems unlikely.)

It is nine days, until Inauguration. But it’s hard to believe that Biden will actually get installed.

Because this obviously is a coup. It cannot be seen in any other way. And I wouldn’t be surprised at all with a Trump counter coup.

And not because of Q, although Q is very important. But because Trump is the New World Order’s trump card.

By Anthony Migchels, for HenryMakow.com

While the public views the Election in terms of ‘Republicans’ vs. ‘Democrats’, it’s more a power struggle of an imploding Empire. The underlying trends are the death throes of the West, the  American Empire, the Petrodollar, and the Financial System itself. All four are imploding. The Fed and Trump Administration have already poured $10 Trillion into the System since September 2019, when they restarted QE after the repo market crash.

That’s not a joke, that’s a disaster. And it’s only beginning. Not long after Inauguration, months, maybe, some kind of escalation in the financial crisis is all but guaranteed.

We’re at a crucial juncture, and World Power needs something special to keep America under its control, to make them do its bidding.

They can’t just wheel in a moronic stooge like Biden by openly trashing a 402 Trump landslide that had basically already been broadcast on TV. The hard core of the country will consider a Biden administration totally illegitimate, and will see it as a Communist take over. Which it obviously is.

This is supposedly their Big Move, the New World Order’s Endgame. This is all they’ve got?!

Is Trump really ‘a lone gunman fighting for the People’?
No.  Trump has been expertly parachuted into Power by those who have done such things many times before. There are many clues. They had been seeding his presidency for years in pop-culture. But the main thing is the treatment he got from the Media: they have talked of nothing else for four years. Only ‘corona’ and the Lockdown have been able to compete with Trump for their attention.

And of course it looks like they’re ‘against’ him, but were they really, they would have ignored him, and at best mocked him. Already in 2016, it was clear that a very large part of the public, on the Right, believed little or nothing the media was telling them anymore. The Media hating on Trump was the best propaganda he could have wished for. Basic reverse psychology.

Also note how Trump, and the Media, conspire to entirely ignore the massive financial injections/crisis that are ongoing. Why would the Media not jump on the bail-outs to savage Trump? Clearly, Trump and the Media have something very important in common.

The Powers that Be need a strong American President, with the backing of the core of the People, for what is coming, and already unfolding: American demotion from hegemon to just another Great Power, massive economic depression, isolation on the International stage, and Great Power rivalry with China, which will eventually set the stage for WW3.

America is retreating from a large part of the World, this is the true meaning of the ‘America First’ slogan. This is a trend that was already apparent before Trump took over. He likes to brag about ‘energy independence’ (through fracking), but this was already achieved under Obama. It’s crucial, because it takes away the foundation of the Petrodollar, the alliance with Saud, and negates the key rationale for US involvement in the Middle East.

Brzezinski’s, and PNAC’s, ‘The Grand Chessboard’ strategy for ‘Another American Century’ by invading the Middle East has been utterly defeated. America is basically being unceremoniously told to get out of Iraq, Syria, and the wider area, and they are hated for what they have done, which is indeed terrible. They have killed millions, and displaced tens of millions, many of whom are now in Europe.

Trump is also making bilateral peace treaties with many of Zion’s enemies in the Muslim World, in preparation of withdrawal from the Middle East. Oil is no longer an excuse to stay. Soon, neither will Zion. America’s military will be geared against the ‘Chinese threat’.

Also look for Trump installing the long prophesied Gold Standard. He will look like a hero, “End the Fed”, and stop the terrible inflation that they have been creating. In doing so he will initiate an even much more calamitous deflation. Everything is always about the money. The Greatest Depression, with the deflation of the debt/derivative bubble, is unavoidable.

What remains of the social fabric in America will get ripped apart. The much overrated (by the Right) Police will show its true nature, and ‘maintain Law and Order’, evict millions, as the bottom 90%, and many of the 90/99% will get annihilated. All this will happen under Trump’s watch, under his ‘Making America Great Again’ slogan, on the responsibility of the New World Order’s key target: Middle America. Just as they previously saddled them with the responsibility for the Iraq war, and many other ignominious travesties.

November 2024 will be the next election. After four years of economic carnage, a Democrat will get elected. March 2025 will see the end of the Lockdown, according to the World Bank. By then, after four years, each worse than 2020, it will be all about World Revolution and War.

Who or what is Q?!
It seems pretty clear it’s a key White House propaganda outlet. This can be concluded from the fact that Trump has been its sole beneficiary. The Q drops have proven incredibly successful agitprop, and explain a large part of the remarkable support Trump has generated during the elections.

At the very least, one can say that  it’s hardly particularly ‘normal’ for a major Western politician, POTUS himself, to basically openly expose his enemies as a bunch of child molesting commies. Besides being true, it’s unprecedented.

Q is hardly the first to have noted. It had been a staple in the conspiracy industry for decades. In fact, it has been all over the ‘news’ for years. Saville, Dutroux, Epstein, the satanic abuse scare of the eighties. Many countries have seen child sex scandals of lesser international, but great national importance.

Note that the Media have mostly ignored Q, and have not called Trump out for it, pretending it is just a generic ‘conspiracy theory of the Internet’.

Q also promotes some kind of Gold Standard.

The impossibility of a Biden Administration
It’s too much. The brazen vote fraud. The China connection. Hunter Biden’s laptop.

But also the idea that Biden could somehow go back to 2016. He can’t. The Financial Crisis drives everything. Nothing can stop the falling apart of the American Empire. The rivalry with China. Just now, Pompeo actually killed the One China policy, in yet another massive escalation of the Cold War that is already unfolding. Just 10 days before the supposed ‘transition of power’.

Willy-nilly, Biden will have to continue the retreat, and the containment of China.

Biden has zero legitimacy. Already you can read threads of Americans talking about taking out the traitors. Not by Trump, but by themselves. You can’t just openly steal such a massive landslide in broad daylight, and next block the central part of the American population, Middle America, on Social Media. 

Conclusion
Biden’s first act in office would be a 100 day national slave mask mandate. He has already announced he will go full Agenda2030.

It would mean America has fallen. And while America is indeed falling, it’s not quite there yet.

The New World Order presents itself not as the problems they created, but as their solution. The only thing Biden ‘solves’ is the anguish of the Trump Derangement Syndrome sufferers.

He is ridiculous, as is his coup, his VP, everything. Everybody in America understands this. This is not how our enemies operate. They can get away with these ‘build back better’ morons in Europe, because that population is far more demoralized and emasculated. And disarmed. But not yet in America.

Meanwhile, the rumor mill continues to be in overdrive. A blackout of the Vatican, Pelosi’s laptop missing, Trump’s ‘concession speech’ a deep fake.

So for the time being, I continue to reserve judgement, until Biden actually gets sworn in.

Related:
The Crunch Is Back, There’s Going To Be A Gold Standard, And It Will Be Disastrous
Trump Has Added 7 Trillion To The National Debt Thus Far

Gold Over $2000, Silver Breaks Out: The Devil’s Favorite Money Will Soon Be Forced On Us


(Left: Silly and entirely useless shiny stuff. How people have suffered for it. And they will suffer a great deal more, hanging on the Cross of Gold that the Viper class is erecting for them.)

Gold has breached an all time high this week, and Silver has been rising with no less than 50% in just two weeks time.

Gold is sitting at $2013 per ounce now. Silver is at exactly $26.

Of course, all this is hardly unexpected.  Many have been foreseeing it for years. We’ve had many false alarms, but it seems pretty clear that we’re facing monumental changes, including the transition to some sort of Gold/Crypto standard.

The last time Bullion was this high was Summer 2011. Gold reached $1916 per troy ounce, and Silver was actually in high forties territory. Next the Fed ‘panicked’, and dowsed specie, together with their Mega Bank buddies, with massive interventions on the futures market. Here’s what Paul Craig Roberts had to say about that, at the time.

What the Fed did then, they can do now too, no doubt about it.

But there is a big difference between the Fed’s actions of 2008 and today. Back then they infamously doled out $16 Trillion to their friends, $9 Trillion of which they admitted they ‘cannot account for’. But most of that money went to patch up Bank balance sheets that got fumigated by the derivative funny stuff. Much of it was used to recapitalize Banks, allowing them to continue their operations, but without these dollars entering the real economy.

Inflation is coming
This time, it’s very different. They’re outright expanding the money supply that is circulating in the real economy. And massively so.

a) The Fed is buying up all (or at any rate by far most) the Government’s treasuries, for instance. Nobody else will buy them, not with interest rates as they are. When the Fed monetizes US debt, this directly increases the actively circulating money supply. When a commercial Bank buys treasuries, they have to sterilize their monetary expansion by attracting deposits on the capital markets. So Fed monetization is directly inflationary, while increasing the National Debt by borrowing from Banks is not.

The National Debt is currently rising with hundreds of billions per month.

b) Asset purchasing. The Fed is pumping newly printed dollars into the Stock Exchange. This money is rapidly reaching Main Street, both speculatively (Hedge Fund thieves buying up everything they can put their greedy hands on), but also pensioners who are allowed to live the good life just a little bit longer still.

c) Cash hand outs to normal people, financed with new Dollars (=inflation), while………

d) ……They’re actually completely ravaging the real economy. Real unemployment is anywhere between 20 and 30%. Small business continues to be forcibly closed in large parts of the country, many of them will never reopen. So this amounts to destroying real production, and giving people cash that is not backed by anything. That’s going to be about as inflationary as it gets.

Prices for essentials are guaranteed to start rising. Because of the money printing, and because supply chains are getting hammered in ways we have never seen before in World History.

That’s a cute little double whammy if ever we saw one.

Bitcoin is also sky high
It’s currently worth $11045, really very funny stuff. I don’t even begrudge Libertarian kids making a few bob on the side, even when they shouldn’t speculate, but work for a living.

But how people can seriously believe that BTC is a real ‘alternative’ to Bankster money totally eludes me.

BTC was designed by the NSA in 1998. The CIA got on board in 2011, with their In-Q-Tel investment arm. Bitcoin has been cornered yonks ago. A few guys are holding by far most of it, keeping supply low, and prices high.

At this rate, BTC’s total market capitalization must be around $200 billion. People who think that World Power allows such a feast for just the People have learned absolutely nothing yet. Mega Banks are undoubtedly at the heart of the cartel that has cornered BTC.

BTC is scarce, speculative, it’s all about making money with money. It mimics Gold. It’s cashless. It’s world wide. That’s what they want, isn’t it?! It’s the perfect Bankster unit.

The ONLY solution to Banking is Usury-free economics. Not mindless speculation, hello?!

Meanwhile, blockchain technology is being implemented by many Central Banks and even other corporations. Facebook is looking into floating one. The Bank of England is proposing blockchain like electronic money. Even the BIS is on board.

Trump was powerlessly tweeting about how we don’t need BTC, because we have the American Dollar. Well, good luck with that.

It’s pretty clear that not long from now, we will be paying with some sort of crypto units, combined with some sort of Gold backing. The coming Gold/Crypto standard will be the last stop before the IMF World Reserve Currency within ten years that Mark Carney announced last year.

All this is entirely managed
The worst part is going to be all the gloating Libertarians. ‘We told you so’. Well, no shit, Sherlock.

Anybody with a still somewhat functioning brain saw this coming. And of course that excludes all the other fake Bankster media and their court ‘economists’.

But these Austrian Economists will be telling us that ‘market discipline’ is ‘finally exposing fiat money’. This eternal boring crap.

The Bankers have been preparing this for decades. This has always been their plan. They have been constantly switching between Paper and Gold based currencies since at least 1914. Paper to inflate. Gold to deflate. It’s the good ol’ Inflation vs. Deflation Dialectic.

They own all the Gold, they own all the Bitcoins, they own the coming blockchain based currencies. They have sold a few coins of all sorts to co-opt potential opposition, and they have been wildly successful.

Bullion prices are sitting at exactly the level the Money Power wants them. They will continue to do so, when they rise, rise, rise, in the times ahead.

Meanwhile, I do hope the pensioners have bought a few coins, because if they haven’t, they will face what the Soviet pensioners went through in the nineties, and even worse.

Conclusion
Some sort of stagflationary depression is going to absolutely torture the normal people everywhere. Many will die. Life expectancy cratered in Yeltsin’s Russia. They lost millions of people. It’s going to be worse in the West, in the years ahead. A crushing Police State has long be erected to keep the destroyed peasantry in line. People have been made to beg to refund the Police, and Big Brother is always happy to oblige. They will be needing those cops to evict millions in the years ahead.

Trump will win the election, and will win big. There is no alternative for him. This mandate he will use to install the new system, which will just be intermediate, to create the chaos they need for the installment of their final system. Of course, the ‘new system’ will be sold as hugely good news, and there will be some short lived optimism. They’ll ‘audit the Fed’ and arrest a couple of swampsters and other pedophiles. Ill informed Patriots will feel vindicated.

Until Gold will start doing its work: deflate the crap out of everybody.

Speculating in Gold, BTC, Silver, Palladium, hoping to strike it rich with the unfolding collapse, that’s foolishness beyond measure. No soul has ever been saved by Gold, and lust for Gold has eaten souls throughout history.

Do not take Usury. Do not take rents. Do not speculate.

Produce. Add value, and exchange that value.

Nobody can afford the Karma these forms of theft bring any longer, and I mean that really quite seriously. Flaunting ill gotten wealth, taking rents from people who have nothing, that’s going to be really quite dangerous in the times ahead, if you’re not living in the insiders’ gated communities. And only the truly wicked are so stupid as to believe that their body guards and fences will ‘keep them safe’.

Private land holdings are not going to be part of the New World Order, see Agenda 2030. The plan is quite obvious: first they’ll let the landlords evict everybody, next they’ll have the disowned murder many of them. The masses will DEMAND the end of landlordism. The Communist take over is aimed against still independent wealth centers, what remains of the middle class, national (as opposed to international) ‘elites’, a ridiculous misnomer for lazy people who only take, and give nothing in return.

Invest in your garden, in your neighbors, your friends, your family, in your relationship with the Spirit.

Of course we must wisely manage our financial affairs, be frugal, but generous. Give to the poor, there will be many of those, that’s always a direct way of gaining some much needed credit with the Real Power. Don’t moan about them using it for booze and drugs: when you are forced to live in the streets, you’ll be doing booze and drugs too. You too will have ‘mental problems’. Invest in becoming less and less dependent on the System.

If you can join some local (Usury-free) currencies, do it. Or create one of your own, because every extra liquidity in local communities is going to be a life line, in the times ahead.

These are just some pointers. Babylon will keep men guessing until the Last Day.

Related:
The Inflation vs. Deflation Dialectic
End the Fed: a Trojan Horse destroying the Truth Movement from within
Phoenix Rising, the Return of the Gold Standard
Why Bankers love Gold
The Dying Dollar And The Rise Of A New Currency Order
Bitcoin: Paving The Way For A Global Cashless Society
Trump Has Added 7 Trillion To The National Debt Thus Far
We are in Stagflation
The Crunch Is Back, There’s Going To Be A Gold Standard, And It Will Be Disastrous

David Icke Speaks The Exact Truth About Banking And Usury


I had always believed he had his heart in the right place in these matters.

Already eight years ago, I wrote this: “While having some problems of his own, David Icke’s message to OWS shows he’s the real deal. In the video he promotes 3 basic issues: the end to power centralization in supra national entities, monetary reform aimed at debt free money printing by the State and the Problem-Reaction-Solution. The last is tactical in nature, but the first two points are fully on target.”

Note that he’s talking about ‘debt free money’ here. I cordially ‘overlooked’ this, because at the time this was the best you would get, and the essence is he was looking to nationalize (away from the Banks) the power of money creation.

We’ve always been sympathetic to debt free money here on RC, if only because it was the classical American Populist solution to Banker control.

But, as we have been discussing, debt free money only solves the money creation issue, it is does not end Usury. No, the way forward is simply interest-free credit based units. That’s just too simple and rational, solving both money creation and Usury. We need both money and credit, so we might as well create money as interest-free credit.

Here’s the viral David Icke video:

And here David says the following:
“Why are Governments borrowing money from private banking systems, and the population paying interest on the borrowing? Why aren’t the Governments issuing their own currency interest free?”

And next he adds, really of central importance: “And lending it to the population interest-free, to go about their commerce, and go about their daily lives, creating opportunities and choices, that they would otherwise not have?”

And that is the essence that you, bizarrely, will hardly hear anywhere. No, it’s not good enough for Government to claw back money creation from the Banks. The credit issue must be solved. Usury must be solved.

And it is solved by providing normal people with interest-free credit.

It’s really very simple, it’s hardly brain surgery. But it is completely not understood. While it is absolutely completely vital.

It’s not enough to moan about Usury, the basic demand for positive change must be formulated clearly, and that is what David has done here, and it’s as good as unique, and that’s why I’m pointing it out, it deserves attention.

Because it is Usury that is behind the debt bubble, the derivative bubble. It is by paying our Usury that we pay for Communism and World Government, and all the other plagues that haunt us, the wars, all the evil ideologies, the destruction of our families.

And what we want is interest-free credit for the People.

And people who ignore this, are a waste of time. This is a fact. All the political constructs everywhere in the World, are dominated by Bankers, which is why nowhere people in politics will ever discuss this. Not of the classical parties anyway. Even mavericks are exceedingly few, Fraser Anning in Australia deserves credit, he demanded interest-free credit, and universal home ownership for the people (which would automatically result from interest-free credit for them).

The same is true of most of the ‘Alternative Media’.

The issue is all important. It’s stunning they manage so well to keep it out of the public mind. Just think of all the Gold Dealers who have been creating the popular support for the coming Gold/Crypto standard. And even large parts of the wider monetary reform movement, which is mostly too obsessed with government money creation, for instance.

Nick Griffin, cruelly maligned as some nazi hater by the Communist media, but a man of at least some integrity, who led a Party that had people on board who understood quite well what war is ongoing against the working masses of the West, exposed how Zionist forces had offered him and his Party, the British Nationalist Party (BNP) millions if they would bash Islam and ignore Banking. They couldn’t care less what he did for the rest.

Here he exposes the fake Zionist outlets that the Bankers built up to undermine the British Nationalist Party, folks like the EDL, including Tommy, just another fake ‘hero’ paid by the Bankers.

This template is universal. All the pseudo ‘populists’  in Europe show this exact focus on Islam, and ignoring of Banking. In Holland (Baudet and Wilders), Germany, with the AfD and its lesbian ex Goldman Sachs Banker leader, the Austrians. France, with the Zionist Le Pen, everywhere, there is no exception.

And think of the poor Austrians. They used to have Jörg Haider, who promised the Banksters in their face to get to the bottom of the 2008 crash on live Austrian TV. These scumbags were reduced to muttering ‘You can’t say that! You can’t say that!’ A few weeks later he was car crashed.

The clip has been deleted from the Internet, if someone still has it, do paste it below in the comments?! It would be greatly appreciated, Haider deserves to be remembered for that.

Conclusion
It’s not about the men, it’s about the message. The message is all important: everything revolves around Banking, and the solution is the universal provision of interest-free credit to normal people for production and consumption.

As Icke cogently argues, it’s no use trying to patch the myriad problems the fundamental issue (Usury) creates, even now, when the Money Power has kicked off their endgame with the ongoing financial collapse and this ‘corona’ tripe.

Solve Banking, and solve the New World Order. Do not solve Banking, and keep pissing in the wind.

Very, very few people will tell you the Truth, I’m happy to report David Icke is one who does.

Related:
Hate the State, buy Gold and all will be well: an Alternative Media in Crisis
The Difference Between Debt-Free Money And Interest-Free Credit
The Economy Of The Promised Land

Trump Has Added 7 Trillion To The National Debt Thus Far


(Left: The always entertaining Donald Trump. But of course, he’s their man, and the way they wheeled him in on a wave of populist resentment, that’s just their thing, they’ve done it a thousand times and more before.)

It stood at $19 Trillion in 2016. It’s now sitting at $26 Trillion.

And no, it’s not mainly ‘covid’, although it definitely helps, he was already running Trillion dollar deficits, and remember: the Fed was already bailing out the Banks on the repo market to the tune of …a Trillion. Per day.

I’ve been looking into the Fed’s statements on their own website, as the Media has reported exactly nothing about the repo market since about March 20th. It does seem that for now the repo market interventions are over, but it’s a sure bet that this is only because of these multi Trillion asset purchasing programs, which allowed the Banks and other ‘financial institutions’ (known in earlier, more naive days as pirate nests) to off load some of the derivative trash they had been piling up.

But that exploded the Fed’s balance sheet from an already problematic $4, to $7 Trillion bucks.

It’s a matter of time before that first round of ‘asset’ (junk) purchasing by the Fed will cease having effect. It’s all being thrown at black holes that just keep growing, the more money they suck up.

How long that will be is anybody’s guess, although at the Treasury and the Fed they have a fair idea, rest assured. But considering the Martial Law that they installed in March, it’s pretty clear it won’t be too long. Mnunich only the other day had to promise another Trillion to prop up the Stock Exchange. The ECB and BoJ will undoubtedly step in too, if only to slightly take the heat off the Fed.

Again (sorry, I can’t help myself), all the experts on ‘exponential growth’ may want to look into this particular graph. This is how ‘covid’ should have conquered the World, but it’s really the debt that does that.

Compound Interest, baby. Greatest force in the Universe.

At any rate, this is what is really at stake. At this speed, Trump will add another 7 to 10 (remember, it’s going faster and faster now), meaning the debt would be at about 35 Trillion in 2025. And, of course, it goes without saying, this is just the national debt. The People themselves are drowning in debt too, as are businesses.

Meanwhile, the economy is going through the lockdown implosion. Beautiful stories about ‘2 million new jobs!’ are very pathetic, after shedding a few score million, not to mention about a third of small business. Tax income is down about a third in many places, including undoubtedly the Federal Government.

Rentseekers are getting annihilated too, everywhere, in different countries, different sectors of the economy, you hear the same stories: 25% to 50% of rents are not getting collected. Good riddance, of course, let them go find a job and add some value to someone’s life, instead of sucking blood, but in financial terms this is the funniest disaster ever, and will obviously destroy a really great many speculators. Which perhaps sounds better than it is, because they will take a great many people with them. Many of those getting destroyed are guaranteed to be the small time landlords, all this is going to achieve is massive consolidation.

As always, those that control the debt, control the Democratic and the Republican Party. Through Masonry, through bribes, through blackmailability by sex crime. All the high drama, ‘impeachment’, ‘Soleimani’, ‘lockdown’, ‘BLM’, it’s all orchestrated to both distract from the biggest financial and economic disaster in the West’s history, and to corral their different groups of slaves, dependents, having them fight among each other, driving them in the desired direction.

In previous times, they used clubs and whips.

Now, they use mind control (‘ideology’, ‘science’). Zionism and Capitalism for the Right, Bolshevism and Nihilism for the Left, Usury and World Government for us all.

A big part of Trump’s job will be to usher in the ‘reset’. Gold will definitely become very important. China will become more dominant, and will have a convertible (to Gold) Yuan. Wait until the Dollar devalues, then suddenly in nominal terms, China will prove to have a $30 Trillion dollar GDP, and the US $15 Trillion. This is where we’re going, US GDP is heavily overstated, the Russian and Chinese strategists assume US GDP is closer to $10 Trillion than $20 Trillion in real terms. All they have left is the dying Petrodollar and their stalling military.

Maybe the US will go Gold too. If that happens, the economy is just going to go up in smoke in a deflation/deleveraging of barbaric proportions. People will burn alive, a great many will simply die because of poverty and exertion, especially the older people. Many of the young will be forced to leave the country in order to have a semblance of a life elsewhere. The Empire will just crash, as it will be unaffordable.

But it could also be that the US simply can’t run a Gold Standard (as they don’t have any), so that he would nationalize the Fed and have them print ever more to keep everything going, blowing everything up with a crazy inflation.

And yes, when faced with these scenarios, War is always a great way to reflate the economy, and the US is not over yet, they’re still very mighty, and they’re a great target for a jolly good trashing like Germany got 75 years ago. Just another bunch of white supremacists, you see?!

Be that as it may, the Dollar is toast, and will be replaced by an an IMF World Reserve Currency this decade.

 

Trillion Du Jour For Parasites


(Left/Above: Official Hero Of International Finance/Communism, Steve Mnunich. Honestly, all these fools look the same to me, these days.)

Mnunich pumps another Trillion into ‘the economy’ (the Stock Exchange and the Banks)

Ah, yes, a few Trillion left, a few Trillion right, and before you know it, you’re talking some real money.

As the unbelievably retarded are busy bringing down statues in the name of the same financiers that are being bailed out.

It just makes you want to throw up. Many millions unemployed, their little business gone, and all the Government and Fed are doing is keep the Stock Exchange high in order to keep up the pretense that the economy is ‘fine’.

And, of course, very much worse, to keep the Banks, and wider ‘financial institutions’, afloat, who are mostly all busted. They are the ones being kept on life support with all the massive liquidity injections everywhere, even the small handouts to us, the little people, they mostly do that to keep reflating ‘the economy’ as long as possible.

Just to be clear: there is no way that this is going to end well, or can be repaired. What they’re doing now is just keeping it going as long as possible, but a ‘reset’ is inevitable, and while it will undoubtedly be sold as a ‘jubilee’, writing off some debt, this will involve concessions unbeknownst to ourselves, and it will severely impact the real economy everywhere, and also America’s standing in the World.

Were it not for Steve Mnunich and Jerome Powell, the NYSE would be sitting on at most 50% of pre March levels, and heading further South.

When the ‘reset’ happens, as we know now, we can expect more lockdowns too, because it’s much better to be mortally afraid of a virus, than doing something about the Bank.

Didn’t this laughable jackal ‘Bill Gates’ say, that this was just ‘pandemic one’, and that the next thing would be a ‘bio terror attack’? And that ‘the good news is, that a lot of what we’re doing right now (giving 4 billion people house arrest, AM) will also help a lot then’?

It could well be that next time it will not be a practice run, as this ‘corona’ joke was. God knows what these wicked morons have been cooking up in their labs. They’re capable of anything.

Because this is the endgame: their final push for World Government.

It’s hard to believe we’re now facing the culmination of a 3000 year old project. But we are.

These ‘people’/demonically possessed entities are the direct descendants of those that ruled the Bronze Age, and who got annihilated by Moses, Joshua, and Israel in 1177 BC.

They are the ones who Jesus rout out of the Temple.

They are the ones that “killed our Lord Jesus Christ, and who are contrarian to all men.”

Yes, it’s all very fascinating. But unfortunately also incredibly dangerous.

Usury, Slavery, Sex Crimes, And How It All Goes Back To Rome And Babylon (Interview)


I was interviewed by Daniel at the Power Hour Radio show (nationally syndicated!).

The whole thing is absolutely worth while, it’s the stuff we’ve been talking about here on Real Currencies.

But in the in the second half things become pretty spicy, and I’ll transcribe a few minutes of that below, because it offers some insight that I haven’t been sharing as widely. We’ll just dive right into it, starting at 41:30.

Anthony: (discussing the slavery of Usury) “And it is slavery, because historically, in Antiquity, slavery was the universal human condition, and you got enslaved in two ways. Either because some pirate went to conquer this or that place, killing half of the population and enslaving the rest, because that is what these fools did at the time, or because you got into debt. And all of the slaves in Rome, or half or so, were people who got into debt, and interest rates in Rome were 48% or 24%, depending on the year…….

Daniel: (whistles in disbelief)

A: “yeah, that’s massive, I mean 48 or 24%, that’s killing, nobody is going to manage to pay that. And if you could not pay, you and your children were enslaved. That’s what happened. And to make it worse, let me put it very bluntly, because it is good to know what kind of people we’re dealing with here, you would see your kid become a sex slave of a Patrician, who was not even ashamed of having these children commit sex acts on them! Because this was the nature of the Patricians in Rome, they were the scum of the Earth, and they were the same people in Carthage…..”

Daniel: “Sounds like the Bankers nowadays.”

A: “Absolutely!”

D: “Are you familiar with this, uhh….I don’t remember this guy’s name, he was a Dutch Banker that came out a few years ago talking about the Satanism?”

A: “Ronald Bernard

D: “Explain that, tell our audience about that story, because that was crazy.”

A: “Yeah, I’ve known Ronald for years, I know everybody in the monetary reform movement here, of course, also in America, and Ronald has been active with “De Blije Bank”, he calls it, ‘The Happy Bank’ it’s called, because, uh…..well, never mind why, but the Happy Bank, with which he’s looking to provide low cost, or at any rate ecologically sustainable, socially sustainable credit to small business, etc.

He’d been working in the banking industry for years, and he rose through the ranks, and the higher you get, because everything in the World is a pyramid, big corporations, secret societies, and also very much the banking industry, so when you rise higher in the pyramid, you start to see the secrets of these people, and he got invited into all sorts of shady things, and he saw how these people operated, how they totally annihilated and destroyed people, and when they killed themselves in pure agony, how they laughed their balls off, had parties, buying $10k bottles of Champagne to celebrate what they had done, and next he was invited into eh……because that’s the kind of scum these people are, you know?! They look good with their Rolls Royces, flashy suits, huge mansions, but they’re the scum of the earth, these money lenders, these speculators, Banksters. And Ronald Bernard, he saw the methods of these people, and he was also invited into even more sinister things, like child sacrifices etc., and that’s when he had a nervous breakdown and decided to get out of there.
And he’s not the only one I know who has told this story, because I also know a Swiss ex-Banker, Siebenthal, Francois Siebenthal, and he’s told very similar stories, and has turned away from the Banks as well, and is now also a campaigner for interest-free money.”

D: “Let me be clear, for everybody who’s listening, because your English, you’re pretty clear for me, but I’m also watching you, so it’s a little easier for me to follow you, high level Bankers have come out in Europe, Ronald, I can’t remember his last name, and you mentioned another one, they’ve been very clear, that the banking industry works as a pyramid, the higher you go, you are asked to do more and more depraved things, the higher you go, the more depravity you’ve got to show, to be able to make this rise, you’re talking about Satanism, child sacrifice, sex, depravity, any depravity that you can think about, that is the Banking industry, is that accurate? Yes or no.”

A: “Yeah…….I mean, all these stories that you hear about Podesta, and all these things, they are real, I won’t say Podesta is involved, although he of course probably is…..”

D: “Allegedly.”

A: “Exactly. But these stories are all true, and they go directly back to Babylon and Rome, and there it was all out in the open, but nowadays, they have to be more discrete about these things…….

D: “Oh my God…….”

A: “but they are still on going and……”

D: “I’m so glad you brought up Roman history, and again, I apologize for cutting you off again, but I have to put a stamp on what you’re saying, this is why history is so important, and when you don’t know your history, then these things seem retarded. Rome, this was open in Rome. This was openly the way things were done in Rome. Do you think it’s any different now?”

A: (mockingly) “Civilization……….”

D: “Yeah, yeah, ‘Civilization’. Let’s bring some ‘civilization’ to the World.”

A: “They were total brutes, and Rome was just a plunder operation, that’s all it was, and with their plunder they built some pretty buildings, and this is what keeps the masses in awe: ‘oh, ah, look how pretty!’, but it was all built on blood and gore, and what they did to the Gauls and the other tribes was just ghastly. And that’s how they operated, and that’s Empire.”

My Facebook Accounts Have Been Suspended


(this post is not meant as some sort of ‘announcement’, but merely to notify people who will be missing me there, many of whom know me from Real Currencies. Forgive me for taking the opportunity to spew my gall a little.)

At last. Most people making any sense on there have been removed a long time ago already.

The noose had been tightening for a long time.

The last 4 years or so I’ve been Zucked with thirty day bans about 80% of the time. I managed to somewhat limit downtime with a secondary account.

A few months ago, suddenly Fakebook disallowed linking to my blog. Nobody can link to Real Currencies on Faceberg anymore.

Then the New World Order’s Great And Final Revolution started. Being one of the early birds pushing back against the onslaught, I quickly got blocked.

First on my main account ‘Anthony Migchels’. After I had posted a picture of a group hug and calling on people to just go out and give each other a good hug as the best medicine available against perhaps not ‘corona’, but certainly the lock down.

A day later, the same scenario happened with my secondary account ‘Anthony Migchels’.

Luckily, a friend of mine had just earlier created a third account: ‘Michael Anthony’. From a different computer, so with a different IP address, and perhaps another chance to hack into the Matrix.

I managed to do some campaigning for a week or so with that one, but come to think of it, I guess such a thing is out of line for them.

Whatever.

It’s clear I was being a nuisance, and that they got rid of me.

WordPress
Wordpress has always been good to me. But, the fact is: they have been taking down blogs that were in whatever way unpleasant to Political Correctness.

As it stands now, any dependence on centralized platforms for dissemination of information is foolhardy, unless you’re part of the club, or at any rate not a real bother to them.

I’ve been making arrangements for the migration of this site to http://www.realcurrencies.org. At least all the content is safe there.

But it pains me to leave wordpress.com, and as long as WP doesn’t bother me, I’ll continue here.

I’ll also be exploring additional channels, media, platforms to maintain and expand presence, probably also in Dutch.

Just another day in the New Order
And this was a strange day already. I walked into a food store earlier, where I sometimes get some supplies, and they had stopped accepting cash.

The very first thing the WHO said when the ‘corona’ ‘crisis’ ‘broke out’ was to stop using cash to ‘stop contagion’.

Cash is anathema to Agenda 2030, the implementation of which has begun in earnest.

When the Banks are mostly all bust themselves, witness the fact that they have stopped lending to each other for six months already, with the Fed bailing them out with a Trillion a day on the repo market, and in the process of taking all the West into receivership, we are supposed to make ourselves entirely dependent on them for daily payment operations.

The moronicity, and brazen chutzpah, of such a proposition is hard to believe, but that’s where we’re at.

Do not consent to it, and make a point of paying cash as much as is humanly possible. It’s really very important for your own economic health, and a very direct contribution to the Cause.

Paying with debit or credit cards is one of the worst things you can do for yourself and your friends and loved ones, and of the greatest benefit to your worst enemies.

And just before that event, I walked into the Snackbar right next door, and got into a nasty scene about this ‘corona’ tripe, when I started unloading about what bullshit it all is. The owner of the place knows how I think, and I was talking to him, but some other customers took offense.

The atmosphere was quite venomous. Exactly the kind of toxicity one expects from a Cultural Revolution.

Admittedly, I was not being particularly discrete, but this place is my neighbor, I go in there almost every day.

We’re not going back to ‘normal’

Of course we hope we do, even when we know things were becoming, or already had become, unsustainable.

No, just read the goals of Agenda 2030, and try to imagine how much blood will have to be shed to get from where we are now, to what these maniacs have in store for us ten years from now.

This will give a man a much better idea of what we will be dealing with in the years ahead, rather than dreams of ‘going back to normal’.

Already in the weeks ahead, the consequences of the ‘lock down’ for the real economy will become unbearable, and these will quickly start worsening dramatically from the fall out from the unfolding collapse in the financial system.

It’s not hard to predict serious supply shocks in the near future, and all sorts of scarcity, real or artificial.

And they have prepared many more nuclear bombs of Corona magnitude en route to their Utopia.

Let’s face it: even Genocide, in the West, should be part of the calculation.

They have locked up billions of people in their own houses, and to think it could not get worse is foolishness.

What is worse: they have managed to make people call for their own imprisonment and destruction of their own livelihoods.

Certainly, a People so delusional, and now in such a precarious strategic position, in a travesty that is openly controlled by the United Nations’ (Rockefeller et alia) ‘World Health Organization’, is obviously, patently facing an acute National Security Crisis of the absolute highest order.

The People are wide open to all sorts of attacks by the (((Globalists))), while they are begging ‘their’ States to keep everybody locked up inside.

Of course, it’s still just a worst case scenario. But people clearly do not appreciate the fragility of the situation. and that is perhaps the most disconcerting of it all.

At any rate, while things are looking grim, and while it’s difficult to make even short term predictions for all of us, since even our livelihoods are directly on the line, one thing remains the same: the struggle is against Materialism, and the parasites and their financial system.

The need for interest-free, stable currency and credit is now more essential than ever, the great sine qua non in any approach, and our greatest opportunity in this epochal era we suddenly find ourselves in.

And that is what we will continue to be working for here at Real Currencies, and with De Florijn.

The Media And Their Billions Large Blind Mob


left: Mark Rutte, in a major speech to the Dutch People, for the very first time in his 10 year as Prime Minister, showed some actual leadership and spoke the truth to the hysterical mob: “Most of you will get Corona, and you’ll be fine”

In the U.S. alone, the flu has caused an estimated 36 million illnesses, 370,000 hospitalizations and 22,000 deaths this season alone but we only hear about the 2500 Corona supposed deaths.
The West is just getting destroyed by a New World Order Media directed mob, in the best traditions as described in the protocols.

By Anthony Migchels, for Henrymakow.com and Real Currencies

The Media have just whipped up a huge, worldwide, billions large, blind mob, with a totally bullshit narrative.

They have CRUSHED all major States, their institutions, everything, forcing them into complete destruction. Of order. The economy. Our most fundamental human rights: to make our living. To leave our homes.

migchel=graph.png

This graph has been published by the Dutch Government. It shows mortality in the Netherlands over the last few years, per week.
 
It shows a very small peak over the last few weeks: at the top of the ‘corona pandemic’, there have been 500 more deaths in the Netherlands than usual. Average age: 75.
 
This ‘500’ ‘peak’ is just completely insignificant to the ‘big’ peak in early 2018, with actually about 9000 extra deaths during the flu season. This actual peak was a non-issue, it happens all the time in all countries.
 
Again, this shows what is going on: Governments everywhere in the West are doing their real damn best to just report the facts.
 
I know that people working in the RIVM, the Dutch CDC, are completely NOT on board with this entirely fabricated panic. I ask them to go on Social Media, and tell everybody that this is all complete bullshit. 
 
And believe me: it’s very uncomfortable for me to side with an outlet like the RIVM, who are mostly known for their vaccine pushing.
 
But this is a Media Blitz. By the International Media. Completely.

It cannot be stressed enough that the media is are all owned by 5 or 10 huge transnational corporations, in turn owned by the biggest banks in the World.

 
Western governments are trying to tell the truth, while the Media are just absolutely TRASHING the OBVIOUS facts.
 
1) Trump has for weeks now been saying, consistently, “this is nothing, we got it under control, this is just a flu.” He didn’t want to drop a nuclear bomb on working people and small business! At all! He’s getting absolutely annihilated by the Fake News lot.
 
2) Bolsonaro has come out blazing it’s a media attack, and that people will be livid when they find out how they have been taken by the noose by them. And that the economy must be restarted.
 
3) Two weeks ago, the Italian Government has reported that 99% of those supposedly ‘dying of corona’ are 80 year olds already dying of myriad lethal health issues.
 
4) Mark Rutte, in a major speech to the Dutch People, for the very first time in his 10 year as Prime Minister, showed some actual leadership and spoke the truth to the hysterical mob: “Most of you will get Corona, and you’ll be fine”.
 
Dutch Government reporting on the facts has been entirely professional and impeccable.
 
5) Already since March 19th, the UK Government has taken ‘corona’ off their list of dangerous diseases.
 
And now Boris Johnson is ‘self isolating’ and ‘in quarantine’ because he has ‘been diagnosed’………….with a ‘virus’ that most of us will catch, 99% of us without even noticing, and a few of us feeling crappy for a few days.
 
CONCLUSION
This is what has happened: the Media, Internationally, centrally coordinated, has DESTROYED our States and Institutions and Truth and Economy and Liberty and Love with an ENTIRELY fabricated ‘pandemic’, putting the masses into a fear psychosis.
 
They have whipped up a huge, worldwide blind mob, billions of people, in total fear, gripped by delusion and fear and a faux sense of togetherness in the face of an ‘invisible enemy’.
 
And States, Institutions, the Truth, our Economy, men and women with a still functioning brain and heart, they are forced to bow to their will. Forced into submission to a few dominant men behind the scenes, and their mob.
 
Their domination is total. An immense show of force.
 
To the individual members of the Mob, I’ll say this: “You may want to snap out of it now.”
 
And to those goading them: “Well, you have fooled even many of the elect.
 
As it was foretold you would.
 
You will have a few ‘victories’ still.  But I know, that you know, that your time is almost up.”

Related:
Interview: In Case You Haven’t Noticed, This Is A Bolshevist Takeover West Wide
NWO Magick: A Faux ‘Pandemic’, And A Very, Very Real Financial Collapse

As a bonus: watch this and weep, as James Corbett lays out what is actually happening: they are stealing TRILLIONS, destroying small business, and wheeling in their ‘new economy’.

https://www.youtube.com/watch?v=ZlTHjAuqRHs&feature=youtu.be

Interview: In Case You Haven’t Noticed, This Is A Bolshevist Takeover West Wide



A total Bolshevist take over is taking place. West wide. Under the guise of ‘Corona’.

It’s the New World Order implementing Agenda 2030 and their ‘Communitarianism’, which is just Communism 2.0.

They are creating a double whammy on the economy: Financial Collapse, which started in September last year, with massive money printing. Back then it was 75 Billion per day. Next a few hundred billion.

Just the other day, the Fed stated they are now bailing out the repo market to the tune of……….$1 TRILLION……………….per day!!

Maybe all the new experts about ‘exponential growth’ can calculate what that is doing to the Dollar.

Meanwhile, they’re just shutting down the real economy. Just destroying the livelihoods of millions of people all over the West, locking down entire sectors, offering 1000 bucks (1500 Euro’s in Holland) to make ends meet in the months ahead in exchange.

Aren’t they great? Is Big Brother not reaching out? Is it any wonder that the multitude are very grateful? Getting saved from The Bug, and next getting a hand out too?

Sadly, reality landing won’t take long. A few thousand Fed bucks are not going to replace weeks and months of real production.

The US Economy is projected to implode with 14% next quarter. Talk about torching the place.

It is not going to seriously console millions of newly unemployed. Bankrupt small business.

The main target, as always, is the West. America in particular.

This is what many have been waiting for, for a long, long time. We will be facing many major shocks, that will send people reeling in similar ways as this stupid bug. Many will crack under the pressure.

Things under discussion:
– No ‘Pandemic’ whatsoever. 12,500 old people, already suffering several ailments, dead world wide over 2 months is marginally significant, if even that.
– Historic financial collapse, Wall Street down already 30%, with MUCH more to follow.
– Gutting of the real economy with ‘lock downs’.
– How people should get out to hug each other, instead of following Big Brother’s Ukases of ‘self isolation’ and ‘staying indoors’.
– Enormous impoverishment. Think America going back from $50k per year to maybe $25k. Or worse.
– The coming Gold Standard, and how it was and will always be a Banker Monopoly.
– The rise of the Bank of England and the Gold Standard.
– How the Gold Standard led to urbanization and the enclosure of the Commons and the creation of the Working Class.
– Why Bankers Love Gold As Money
– Why Usury Prohibition ended, and why Catholicism failed to keep out the Money Lenders.
– Why Capitalism saw ‘economic growth’, while creating widespread poverty, with working people in the US now working twice as long as in 1700, while owning zero or less assets.
– How White Americans see the Flag as the symbol of the Community they once knew, and how it means death reigning from the skies, and debased ‘culture’ and trannyism and Zionism for the rest for the World. And how acknowledging this is painful on the one hand, but not ‘hate’ of Americans, but of DC, Wall Street, and Hollywood.
– How we can create abundance for the many, the end of poverty, without Plutocracy with universal interest-free credit for normal people.
– How the War is not between whites and migrants at all, but of the Peoples of the World against Babylon.
– How Bitcoin is the most trashy money ever, created by the NSA.
– De Florijn and current developments, including paper money and the importance of cash.
– The importance of implementing similar schemes everywhere in the West to deal with the fall out of the Crash.
– How simple money creation really is, and how we cannot let them get away with buying up the whole thing with simple double entry bookkeeping.