Thomas Carlyle called economics "the dismal science" and the man in the video is a dismal example of what passes for an 'expert' in that field. For 350 years the system he describes has been a self-consuming parasite yet he thinks that by raising interest rates all will be well with the world. Why is it so difficult for people to understand that the interest paid on the principal comes from the principal and so the sum of money available in a debt based economy will never be enough to repay principal plus interest. Today there is a desperate need for banks and their economist lackys to hide the fact that the banks have abused their power to create credit out of nothing and steal almost every penny produced. As money is debt the only way the Shylocks can disguise their theft is by constantly increasing the amount of debt in circulation. For this this to happen there must be an ever rowing increase in borrowing. But a static or falling population is soon spent up, and so our masters must create an exponential growth in population for us; hence the need for unfettered immigration. Immigrants = borrowers thus borrowing = economic growth and then; hey presto: "Immigrants are good for the economy"...or so their theory goes.
David Cameron rewrites conference speech after credit card gaffe
In 2011, British PM David Cameron advised that "consumers" should help the economy by paying off their debts. But he hastily retracted his big idea when he was told that if people tried to pay off their debts soon there wouldn't be any money left for anything else.
Quote: "In the short to medium term, if the consumer took the Prime Minister seriously, we'd be in real trouble."
At that time Cameron was said to be worth £30 million. I wonder if his cautionary adviser had found the nerve to point out to him that he had the benefit of that £30 million only because his intended target; the British "consumer," had been coerced into bearing the equivalent sum in debt and would have to do so in perpetuity.
See here:https://www.telegraph.co.uk/news/politics/conservative/8808294/David-Cameron-rewrites-conference-speech-after-credit-card-gaffe.html
The problem is MONEY, who has the money, who controls the money! MONEY, MONEY, MONEY! Today, just watch all the credit commercials/advertisements. White, white hands – all white. What? No credit wanted for the POCs. The MONEY problem must be solved. The Federal Reserve system is owned and controlled by international jewry. Repeal the 1913 Federal Reserve Act. How? Not with a ZOG. Not with the now corrupt US Congress.
Thomas Carlyle called economics "the dismal science" and the man in the video is a dismal example of what passes for an 'expert' in that field. For 350 years the system he describes has been a self-consuming parasite yet he thinks that by raising interest rates all will be well with the world. Why is it so difficult for people to understand that the interest paid on the principal comes from the principal and so the sum of money available in a debt based economy will never be enough to repay principal plus interest. Today there is a desperate need for banks and their economist lackys to hide the fact that the banks have abused their power to create credit out of nothing and steal almost every penny produced. As money is debt the only way the Shylocks can disguise their theft is by constantly increasing the amount of debt in circulation. For this this to happen there must be an ever rowing increase in borrowing. But a static or falling population is soon spent up, and so our masters must create an exponential growth in population for us; hence the need for unfettered immigration. Immigrants = borrowers thus borrowing = economic growth and then; hey presto: "Immigrants are good for the economy"...or so their theory goes.
ReplyDeleteDavid Cameron rewrites conference speech after credit card gaffe
In 2011, British PM David Cameron advised that "consumers" should help the economy by paying off their debts. But he hastily retracted his big idea when he was told that if people tried to pay off their debts soon there wouldn't be any money left for anything else.
Quote: "In the short to medium term, if the consumer took the Prime Minister seriously, we'd be in real trouble."
At that time Cameron was said to be worth £30 million. I wonder if his cautionary adviser had found the nerve to point out to him that he had the benefit of that £30 million only because his intended target; the British "consumer," had been coerced into bearing the equivalent sum in debt and would have to do so in perpetuity.
See here:https://www.telegraph.co.uk/news/politics/conservative/8808294/David-Cameron-rewrites-conference-speech-after-credit-card-gaffe.html
The problem is MONEY, who has the money, who controls the money! MONEY, MONEY, MONEY!
ReplyDeleteToday, just watch all the credit commercials/advertisements. White, white hands – all white. What? No credit wanted for the POCs.
The MONEY problem must be solved. The Federal Reserve system is owned and controlled by international jewry. Repeal the 1913 Federal Reserve Act. How? Not with a ZOG. Not with the now corrupt US Congress.