View single post by Joe Kelley
 Posted: Wed Mar 16th, 2011 09:15 pm
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Joe Kelley

 

Joined: Mon Nov 21st, 2005
Location: California USA
Posts: 6399
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While here

While there I found this:

The End of America 3

Why would someone smart, supposedly, claim the following:

But like many government plans, this one had terrible, unintended consequences.
That report has many obvious facts reported. Why does the report then wander off into falsehood?

Example:
There are other disastrous consequences to the U.S. dollar losing status as the world's currency.... For example: There would be much less demand for U.S. dollars around the globe, so interest rates will skyrocket.
Why?

The people who control the supply of U.S. dollars, The people running The FED, set the interest rate they charge to anyone they transfer the dollars they create to, and they can set the interest rate to a negative number if they want.

Example:

Worgle Stamp Script

Money as a medium of exchange increasingly vanished out of working people’s hands and accumulates into the hands of the few who collect interest and do not return it back to the market.
Michael Unterguggenberger knew better, the velocity of money had increased and his Worgl money was working.
Does anyone know what a litmus test is?

A person who claims that the result of less demand for U.S. money will be increased interest rates is a person who shows his, or her, true color, because that is a litmus test.

Prices go up because the people in government make sure that the laws that are enforced are the laws that make sure that prices go up - not an unintended consequence.

An analogy would be someone saying that the people in government tried to spread democracy to the people in Vietnam, and the unintended consequence was a whole lot of dead people.

When the people in government order bombs dropped on people, the intention is to kill people.

When the people in government want to make sure that the bust cycle remains busted they make sure that money does not circulate to the people who create wealth.

Interest (historically known as usury) is a legal device by which the people who legally have money (subsidy or welfare paid to The FED) are able to collect even more money by charging "borrowers" for the "privilege" of using money.