Inflation is a leftist invention. It’s caused by infinite printing of currency.
All you have to do is not print more currency than you have money.
Money is specie. You can’t create it out of thin air. Currency was only created to be a claim check to money, because carrying money around is heavy (and somewhat dangerous). When there’s more currency than there is money, that’s adulteration (and was generally punished by death when the bankers who did it were caught). Now they create currency every time a loan is written. Inflation only happens because of this.
You cannot print money, by definition. You can only print currency. The US Dollar is not money.
I agree with much of what you have said. Looking at the banking community I can see where the "Globalist" idea originated.
My starter for banking is to consider what I call a "Lone Ranger Bank." If one appeared at the start of an episode of the '50s TV series of that name we knew that it was going to get robbed and the Lone Ranger and Tonto would, eventually, catch the robbers. Things were much simpler back then!
The bank would be two rooms: one for the customers and one for the safe. I imagine that the safe would have different compartments for everyone's valuables.
The next step is to move a level higher up and see things from the bank's standpoint. They had a safe full of dollars that remained relatively constant over time so why not hire some of those dollars out for cash? Bank loans were just invented.
Now move up another layer. All the separate banks would be in competition so why not join forces to remove that pressure to concentrate on exploiting the customers. I believe that is what the Jekyll Island meeting did.
Up again: Now the banks have joined forces they can propose a central bank, which they would control, and would provide a way into government funds. Now we have The Fed, Bank of England etc.
Up yet again: WW1 resulted in reparations that needed to be managed across national borders so we need the Bank of International Settlement.
Finally, we have the Breton Woods agreement and they create the International Monetary Fund and the International Bank for Reconstruction and Development.
So the whole Global system was grown from the bottom up by bankers for the benefit of the bankers.
As for "printing money" causing inflation, that is a bit too simplistic. Yes, if the banks all agree to lend money for, say, housing then that will cause house prices to rise and that will be inflationary. In fact, the banks can cause housing crashes that way and then they can step in afterwards and buy up lots of cheap real estate. Not that they would ever do such a thing ...
However, they could decide to lend money to entrepreneurs who would create something new. That extra cash would be spent on the new things and that would not be inflationary.
If I were a bank and I could convert all my currency into some form of inflation hedge, then I would welcome inflation because that would be a source of money for me. For instance, I put $1,000 into the bank. Inflation is 5%. Next year I take out my $1,000. Meanwhile, the bank possibly bought gold with that $1,000. They just sold it for $1,050, gave me my $1,000 and pocketed the $50. When you can do that with the entire world's savings then you are talking serious money.
There are some interesting videos on YouTube that discuss what was discovered in Antarctica during the early explorations. I can’t vouch for their truthfulness, but they were interesting.
I’ve pounded on number 8 for years now. Two simple questions no one seems to be able to answer:
Where is all the spoil?
Where are the lines of trucks carrying the spoil away, a road-worthy dump truck can carry around 20 tons and a tunnel boring machine digging a 22 foot diameter hole can produce 300 to 1000 tons of spoil per hour depending on the ground being dug? That’s a train of very large dump trucks 15 to 50 trucks long per hour, 7/24.
Ugh, it's all a deception and we still doesn't even seem to get far enough from the starting point.
I HOPE AND PRAY THAT I'M VERY MISTAKEN ABOUT THE FACT OF WORLD IS GONNA GET VERY, VERY DESTROYED IN MANY SECTIONS UNTIL WE REACH THE LONG OVERDUE REBELLION.
"Money is fake."
Gold is money. Currency is fake.
Inflation is a leftist invention. It’s caused by infinite printing of currency.
All you have to do is not print more currency than you have money.
Money is specie. You can’t create it out of thin air. Currency was only created to be a claim check to money, because carrying money around is heavy (and somewhat dangerous). When there’s more currency than there is money, that’s adulteration (and was generally punished by death when the bankers who did it were caught). Now they create currency every time a loan is written. Inflation only happens because of this.
You cannot print money, by definition. You can only print currency. The US Dollar is not money.
Don’t let them take your language.
I agree with much of what you have said. Looking at the banking community I can see where the "Globalist" idea originated.
My starter for banking is to consider what I call a "Lone Ranger Bank." If one appeared at the start of an episode of the '50s TV series of that name we knew that it was going to get robbed and the Lone Ranger and Tonto would, eventually, catch the robbers. Things were much simpler back then!
The bank would be two rooms: one for the customers and one for the safe. I imagine that the safe would have different compartments for everyone's valuables.
The next step is to move a level higher up and see things from the bank's standpoint. They had a safe full of dollars that remained relatively constant over time so why not hire some of those dollars out for cash? Bank loans were just invented.
Now move up another layer. All the separate banks would be in competition so why not join forces to remove that pressure to concentrate on exploiting the customers. I believe that is what the Jekyll Island meeting did.
Up again: Now the banks have joined forces they can propose a central bank, which they would control, and would provide a way into government funds. Now we have The Fed, Bank of England etc.
Up yet again: WW1 resulted in reparations that needed to be managed across national borders so we need the Bank of International Settlement.
Finally, we have the Breton Woods agreement and they create the International Monetary Fund and the International Bank for Reconstruction and Development.
So the whole Global system was grown from the bottom up by bankers for the benefit of the bankers.
As for "printing money" causing inflation, that is a bit too simplistic. Yes, if the banks all agree to lend money for, say, housing then that will cause house prices to rise and that will be inflationary. In fact, the banks can cause housing crashes that way and then they can step in afterwards and buy up lots of cheap real estate. Not that they would ever do such a thing ...
However, they could decide to lend money to entrepreneurs who would create something new. That extra cash would be spent on the new things and that would not be inflationary.
If I were a bank and I could convert all my currency into some form of inflation hedge, then I would welcome inflation because that would be a source of money for me. For instance, I put $1,000 into the bank. Inflation is 5%. Next year I take out my $1,000. Meanwhile, the bank possibly bought gold with that $1,000. They just sold it for $1,050, gave me my $1,000 and pocketed the $50. When you can do that with the entire world's savings then you are talking serious money.
I see I've disappointed them on all 20 counts.
This week: ordinary pre-Babel telepathy
Antarctica enters the chat...
There are some interesting videos on YouTube that discuss what was discovered in Antarctica during the early explorations. I can’t vouch for their truthfulness, but they were interesting.
Yeah - but it depends when the video was made too...
Recent ones are riddled with AI slop showing Greco - Roman architecture and ruins, and other things that are clearly bs...
The timing of the treaty and who signed - plus it NEVER being broken regardless of geopolitical turmoil, is quite interesting...
Have you watched My Lunch Break?
https://www.youtube.com/@Mylunchbreak
He has interesting theories about history with the focus on buildings.
Jon Levy is really good.
Yes, Especially number 13.
I’ve pounded on number 8 for years now. Two simple questions no one seems to be able to answer:
These are very good points. Has anyone ever come up with an answer?
And: Fossil fuels are renewable
Ugh, it's all a deception and we still doesn't even seem to get far enough from the starting point.
I HOPE AND PRAY THAT I'M VERY MISTAKEN ABOUT THE FACT OF WORLD IS GONNA GET VERY, VERY DESTROYED IN MANY SECTIONS UNTIL WE REACH THE LONG OVERDUE REBELLION.