It is not difficult to find a perfect example of the consequences of unethical practices. Fractional reserve banking is a type of fraud where only a portion of your bank deposit is actually held on to. The rest is lent out. Combine that with all of the shenanigans created in the financial markets by the ego-driven interventionists and all of the sudden the money lent out by the banks are then linked to the notorious toxic assets.
But no need to worry!!! The FDIC which created a false sense of security to the depositors and to the banks themselves stands ready to - - - wait, what do you mean it is vastly overdrawn, and by definition, bankrupt and then some?
The moral hazard of stimulating expansive and unethical practices, piled on top of the fraudulent fractional reserve practices constitutes a foundation made of, not sand, but of quicksand!
The simple solution is sound money (no fiat currency), and ethical practices (no fractional reserve banking and no government-backed ponzi schemes in the guise of insurance, ex. FDIC). The simple solution is to stop ego-driven interventionism which requires the extermination of the unConstitutional coup.
For more information go to my website.
To earn a Masters Degree in Divine Economy Theory go here.
Go here to read about MACRO & MICRO Economics Renewed.
Friday, November 27, 2009
Monday, November 23, 2009
Ron Paul Discusses The Harm Caused By Central Banks.
It is immoral and corrupt to collectivize the failing banks and hide the information from the people. This is what we have accepted as normal when we accept a central bank.
Like Ron Paul said, if the banks were private there would be a rating system in place that would instantly provide information to the people about the financial status of each bank. Those that were doing the right things would attract people and their money and those that were acting in fraudulent ways would go out of business.
The media is trying to discredit Ron Paul by asking him questions from reporters of all types. Are they really that dumb or are they coached to act that way?
Regardless, Ron Paul will answer their questions and in the end they will be amazed by his answers and they will inadvertently further expose the corruption of the ego-driven interventionists.
For more information go to my website.
To earn a Masters Degree in Divine Economy Theory go here.
Go here to read about MACRO & MICRO Economics Renewed.
Like Ron Paul said, if the banks were private there would be a rating system in place that would instantly provide information to the people about the financial status of each bank. Those that were doing the right things would attract people and their money and those that were acting in fraudulent ways would go out of business.
The media is trying to discredit Ron Paul by asking him questions from reporters of all types. Are they really that dumb or are they coached to act that way?
Regardless, Ron Paul will answer their questions and in the end they will be amazed by his answers and they will inadvertently further expose the corruption of the ego-driven interventionists.
For more information go to my website.
To earn a Masters Degree in Divine Economy Theory go here.
Go here to read about MACRO & MICRO Economics Renewed.
Saturday, November 21, 2009
China, Please Unpeg The Renminbi!
The Chinese renminbi is pegged to the U.S. dollar not because the Chinese are acting stubbornly independent but rather because they have yet to sever their dependence on the dollar as the reserve currency. In other words they are still part of the monetary hegemony that underlies the imperialism of the unConstitutional coup in the U.S. (and its international satelites - the central banks around the world).
China is increasingly aware of its dilemma. Does it want to lose face now by acknowledging its error in propping up the dollar in a vain attempt to protect the value of its dollar denominated reserves and credit to the U.S.? Or does it want to lose face in the future when the magnitude of this error will be even greater?
China is not doing America any favors by pegging to the dollar. It is only doing a favor to the unConstitutional coup. Maybe China knows that the longer they wait the more seriously damaged America will become because the unConstitutional coup is day by day undermining our Constitutional Republic. If that is the case then China is acting like an enemy.
Let's hope that China is friendly and no longer willing to lose face. The best of both worlds would be: a renimbi unpegged to the dollar, and then its adoption of a commodity-backed money.
For more information go to my website.
To earn a Masters Degree in Divine Economy Theory go here.
Go here to read about MACRO & MICRO Economics Renewed.
China is increasingly aware of its dilemma. Does it want to lose face now by acknowledging its error in propping up the dollar in a vain attempt to protect the value of its dollar denominated reserves and credit to the U.S.? Or does it want to lose face in the future when the magnitude of this error will be even greater?
China is not doing America any favors by pegging to the dollar. It is only doing a favor to the unConstitutional coup. Maybe China knows that the longer they wait the more seriously damaged America will become because the unConstitutional coup is day by day undermining our Constitutional Republic. If that is the case then China is acting like an enemy.
Let's hope that China is friendly and no longer willing to lose face. The best of both worlds would be: a renimbi unpegged to the dollar, and then its adoption of a commodity-backed money.
For more information go to my website.
To earn a Masters Degree in Divine Economy Theory go here.
Go here to read about MACRO & MICRO Economics Renewed.
Wednesday, November 18, 2009
Zero Percent Interest Rate Foolishness!
This part of the plan (monetary policy) is perfect if you ask the Nobel Laureate for Wackonomics Paul Krugman. The reason there are no booming results according to this same charlatan is that the stimulus (fiscal policy) is exponentially too small.
Are all these Keynesians so stupid? They are totally consumed with ego-driven interventionism. Their ignorance and maliciousness can be described as satanic.
For more information go to my website.
To earn a Masters Degree in Divine Economy Theory go here.
Go here to read about MACRO & MICRO Economics Renewed.
Are all these Keynesians so stupid? They are totally consumed with ego-driven interventionism. Their ignorance and maliciousness can be described as satanic.
For more information go to my website.
To earn a Masters Degree in Divine Economy Theory go here.
Go here to read about MACRO & MICRO Economics Renewed.
Saturday, November 14, 2009
Zimbabwe Economy Gets Some Relief.
In the heart of southern Africa there is new flow of blood since the clot has moved on. Before the complete and total destruction of the Zimbabwe unit of fiat currency the tissues were dying from the lack of nutrients and oxygen. It is good news to see a localized reinvigoration but what has happened to the clot?
Inviolable property rights is the cure but where in Africa does that exist?
Nevertheless a return to relative health does bring some relief.
For more information go to my website.
To earn a Masters Degree in Divine Economy Theory go here.
Go here to read about MACRO & MICRO Economics Renewed.
Inviolable property rights is the cure but where in Africa does that exist?
Nevertheless a return to relative health does bring some relief.
For more information go to my website.
To earn a Masters Degree in Divine Economy Theory go here.
Go here to read about MACRO & MICRO Economics Renewed.
Friday, November 13, 2009
Did The Federal Reserve Sell Off America's Gold Supply?
Will there be a total economic collapse from the outside or a collapse from the inside?
Will the dollar be recognized as basically worthless because the creditor nations finally realize that they will not get paid back?
Or will the dollar be recognized as worthless because the Federal Reserve has completely sold off America's gold supply by trying to manipulate the gold market over many years?
This is what an audit will reveal! Is there any wonder why the Federal Reserve is in a panic about HR1207?
It is time to stop the criminal counterfeit ring of the unConstitutional coup.
For more information go to my website.
To earn a Masters Degree in Divine Economy Theory go here.
Go here to read about MACRO & MICRO Economics Renewed.
Will the dollar be recognized as basically worthless because the creditor nations finally realize that they will not get paid back?
Or will the dollar be recognized as worthless because the Federal Reserve has completely sold off America's gold supply by trying to manipulate the gold market over many years?
This is what an audit will reveal! Is there any wonder why the Federal Reserve is in a panic about HR1207?
It is time to stop the criminal counterfeit ring of the unConstitutional coup.
For more information go to my website.
To earn a Masters Degree in Divine Economy Theory go here.
Go here to read about MACRO & MICRO Economics Renewed.
Wednesday, November 11, 2009
Who's The Federal Reserve Trying to Bribe Now?
Not only does the FED hide the information about to whom they have given the 'hot off the press' money, but likewise they are not saying which House members and which Senators that Bernanke is meeting in private with 'to persuade.'
The Nobel Prize Committee members discreetly found places to hide the money they received to elect Paul Krugman in 2008 but no one knew that the FED met secretly with them. If the public knows which elected representatives the FED is trying to bribe then maybe it will be too politically dangerous for these politicians to accept the bribe. An unbribed politician may then vote according to the demands of his (her) constituency and vote to audit the FED.
Transparency regarding who it is that the FED is meeting with and trying to bribe is almost as important as an audit.
For more information go to my website.
To earn a Masters Degree in Divine Economy Theory go here.
Go here to read about MACRO & MICRO Economics Renewed.
The Nobel Prize Committee members discreetly found places to hide the money they received to elect Paul Krugman in 2008 but no one knew that the FED met secretly with them. If the public knows which elected representatives the FED is trying to bribe then maybe it will be too politically dangerous for these politicians to accept the bribe. An unbribed politician may then vote according to the demands of his (her) constituency and vote to audit the FED.
Transparency regarding who it is that the FED is meeting with and trying to bribe is almost as important as an audit.
For more information go to my website.
To earn a Masters Degree in Divine Economy Theory go here.
Go here to read about MACRO & MICRO Economics Renewed.
Wednesday, November 4, 2009
When Will The Central Banks Rush To Buy Gold?
When I saw that India bought 200 tons of gold I wondered what effect that would have on:
a). the price of gold,
b). the rush by other central banks to buy gold, and
c). the psyche of most people - because the return to the gold standard would become a common conversation piece, naturally negating the propaganda by the ego-driven interventionists.
Since gold, as the medium of exchange, is the sign and symbol of a classical liberalism civilization perhaps gold will actually be the trigger!
Perhaps gold will capture everyone's interest and serve as the catalyst, setting in motion the process of exterminating the counterfeit fiat monetary systems around the world.
For more information go to my website.
To earn a Masters Degree in Divine Economy Theory go here.
Go here to read about MACRO & MICRO Economics Renewed.
a). the price of gold,
b). the rush by other central banks to buy gold, and
c). the psyche of most people - because the return to the gold standard would become a common conversation piece, naturally negating the propaganda by the ego-driven interventionists.
Since gold, as the medium of exchange, is the sign and symbol of a classical liberalism civilization perhaps gold will actually be the trigger!
Perhaps gold will capture everyone's interest and serve as the catalyst, setting in motion the process of exterminating the counterfeit fiat monetary systems around the world.
For more information go to my website.
To earn a Masters Degree in Divine Economy Theory go here.
Go here to read about MACRO & MICRO Economics Renewed.
Sunday, November 1, 2009
Will The FDIC Put Out The Fires Using Gasoline?
Let's cut out the middleman - the FDIC! The main reason is to make it very evident that the money going to the banks that do not have the reserves required to meet their obligations (bankrupt!) is really just being printed out of thin air.
With the FDIC serving as a vehicle for the transfer of new counterfeit money to those banks who had scandalous practices it is less obvious to everyone where the money comes from and how it is directly just a product of counterfeiting.
This is another example of the lack of transparency. The FDIC reserves and the boosting of their reserves mostly come from the sleight of hand. Remove the mirrors and all of the sudden the status of the FDIC will be a subject of much discussion and discontent.
Saying that banks are being 'saved' by the FDIC is like saying that an arsonist is doing his civic duty by calling the fire department to report the fire, and then the fire department asks the arsonist to watch and fill in an evaluation form!
For more information go to my website.
To earn a Masters Degree in Divine Economy Theory go here.
Go here to read about MACRO & MICRO Economics Renewed.
With the FDIC serving as a vehicle for the transfer of new counterfeit money to those banks who had scandalous practices it is less obvious to everyone where the money comes from and how it is directly just a product of counterfeiting.
This is another example of the lack of transparency. The FDIC reserves and the boosting of their reserves mostly come from the sleight of hand. Remove the mirrors and all of the sudden the status of the FDIC will be a subject of much discussion and discontent.
Saying that banks are being 'saved' by the FDIC is like saying that an arsonist is doing his civic duty by calling the fire department to report the fire, and then the fire department asks the arsonist to watch and fill in an evaluation form!
For more information go to my website.
To earn a Masters Degree in Divine Economy Theory go here.
Go here to read about MACRO & MICRO Economics Renewed.
Subscribe to:
Posts (Atom)