This page has been archived and commenting is disabled.

Guess How Many Nations In The World Do Not Have A Central Bank?

Tyler Durden's picture




 

Submitted by Michael Snyder via The Economic Collapse blog,

Octopus

Central banking has truly taken over the entire planet.  At this point, the only major nation on the globe that does not have a central bank is North Korea.  Yes, there are some small island countries such as the Federated States of Micronesia that do not have a central bank, but even if you count them, more than 99.9% of the population of the world still lives in a country that has a central bank. 

So how has this happened?  How have we gotten the entire planet to agree that central banking is the best system?  Did the people of the world willingly choose this?  Of course not.  To my knowledge, there has never been a single vote where the people of a nation have willingly chosen to establish a central bank.  Instead, what has happened is that central banks have been imposed on all of us. 

All over the world, people have been told that monetary issues are “too important” to be subject to politics, and that the only solution is to have a group of unelected, unaccountable bankers control those things for us.

So precisely what does a central bank do?

You would be surprised at how few people can actually answer that question accurately.  The following is how Wikipedia describes what a central bank does…

A central bank, reserve bank, or monetary authority is an institution that manages a state’s currency, money supply, and interest rates. Central banks also usually oversee the commercial banking system of their respective countries. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base in the state, and usually also prints the national currency, which usually serves as the state’s legal tender. Examples include the European Central Bank (ECB), the Bank of England, the Federal Reserve of the United States and the People’s Bank of China.

In the United States, we are told that we have a free market system.  But in a true free market system, market forces would determine what interest rates are.  We wouldn’t need anyone to “set interest rates” for us.

And why have we given a private banking cartel (the Federal Reserve) the authority to create and manage our money supply?  The U.S. Constitution specifically delegates that authority to Congress.

It is not as if we actually need the Federal Reserve.  In fact, the greatest period of economic growth in U.S. history happened during the decades before the Federal Reserve was created.

Unfortunately, a little over 100 years ago our leaders decided that it would be best to turn over our financial future to a newly created private banking cartel that was designed by very powerful Wall Street interests.  Since that time, the value of our currency has diminished by more than 96 percent and our national debt has gotten more than 5000 times larger.

But despite all of the problems, the vast majority of Democrats and the vast majority of Republicans are not even willing to consider slightly curtailing the immense power of the Federal Reserve.  And the idea of getting rid of the Fed altogether is tantamount to blasphemy to most of our politicians.

Of course the same thing is true all over the planet.  Central banks are truly “the untouchables” of the modern world.  Even though everybody can see what they are doing, there has not been a single successful political movement anywhere on the globe (that I know about) to shut a central bank down.

Instead, in recent years we have just seen the reach of central banking just continue to expand.

For example, just look at what has happened to some of the countries that were not considered to be “integrated” into the “global community”…

-In 2001, the United States invaded Afghanistan.  In 2003, Da Afghanistan Bank (who picked that name?) was established by presidential decree.  You can find the official website of the bank right here.  Now Afghanistan has a modern central bank just like the rest of us.

-In 2003, the United States invaded Iraq.  In early 2004, the Central Bank of Iraq was established to manage the Iraqi currency and integrate Iraq into the global financial system.  The following comes from the official website of the Central Bank of Iraq

Following the deposition of Saddam Hussein in the 2003 invasion of Iraq, the Iraqi Governing Council and the Office for Reconstruction and Humanitarian Assistance began printing more Saddam dinar notes as a stopgap measure to maintain the money supply until new currency could be introduced.

 

The Banking Law was issued September 19, 2003. The law brings Iraq’s legal framework for banking in line with international standards, and seeks to promote confidence in the banking system by establishing a safe, sound, competitive and accessible banking system.

 

Between October 15, 2003 and January 15, 2004, the Coalition Provisional Authority issued new Iraqi dinar coins and notes, with the notes printed using modern anti-forgery techniques, to “create a single unified currency that is used throughout all of Iraq and will also make money more convenient to use in people’s everyday lives. Old banknotes were exchanged for new at a one-to-one rate, except for the Swiss dinars, which were exchanged at a rate of 150 new dinars for one Swiss dinar.

The Central Bank of Iraq (Arabic: ????? ??????? ???????) was established as Iraq’s independent central bank by the Central Bank of Iraq Law of March 6, 2004

-In 2011, the United States bombed the living daylights out of Libya.  Before Muammar Gaddafi was even overthrown, the U.S. helped the rebels establish a new Central Bank of Libya and form a new national oil company.

Central banks are specifically designed to trap nations in debt spirals from which they can never possibly escape.  Today, the debt to GDP ratio for the entire planet is up to an all-time high record of 286 percent.  Humanity is being enslaved by a perpetual debt machine, but most people are not even aware that it is happening.

It is time for an awakening.  We need to educate as many people as possible about why we need to get rid of the central banks.  For those living in the United States, my previous article entitled “On The 100th Anniversary Of The Federal Reserve Here Are 100 Reasons To Shut It Down Forever” is a good place to start.  In other countries, we need people to write similar articles about their own central banks in their own languages.

The global elite dominate us because we allow them to dominate us.  Their debt-based system greatly enriches them while it enslaves the remainder of the planet.  We need to expose their evil system and the dark agenda behind it while we still have time.

 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Wed, 06/10/2015 - 18:05 | 6184203 Salzburg1756
Salzburg1756's picture

So what?

Reaction of average voter.

Wed, 06/10/2015 - 18:16 | 6184240 BrocilyBeef
BrocilyBeef's picture

"CONSPIRACY THEORY!"

The reaction I received on Saturday.

"You want a golden age? For you? For your children? It would be unlike anything you have ever seen!"

Or will. :-|

We fought. We fight...

Wed, 06/10/2015 - 18:22 | 6184258 Anusocracy
Anusocracy's picture

The worry isn't which country is a super power, the worry is which one is the closest to creating a world government.

Absolutely no one is even close to the US in that regard. That is the real danger.

Imagine a world-wide government that controls 60-70% or more of a one hundred trillion dollar world economy. Freedom of any kind will be gone forever and any resisters will be eradicated.

Your Lords and Masters would be demigods.

Wed, 06/10/2015 - 18:23 | 6184267 BrocilyBeef
BrocilyBeef's picture

But can I still post on The FecesBox or Twatter?

Wed, 06/10/2015 - 22:31 | 6185045 MonetaryApostate
MonetaryApostate's picture

Guess How many banks will be operational after Digital Banking is mandated & cash is outlawed???

(You chickenshits better look for another career, they are about to put a fork in the financial industry.)

 

More dead bankers (who have fat pensions) in 3...2...,1....

Wed, 06/10/2015 - 18:25 | 6184269 Soul Glow
Soul Glow's picture

The politcians are a bunch of idiots and the bankers are leeches that destroy their hosts.  It'll be over soon enough.

Wed, 06/10/2015 - 20:12 | 6184626 wiser
wiser's picture

Used properly, debt can safely finance private and government investment in productive capital to support economic growth. But too much debt in non productive projects can ruin a family, a business, or a nation.

in Greece banksters-politicians-cronies colluded to load up the state with so much public debt invested in non productive capital, effectively, rendering future generations debt surfs

so there is the corruption factor at play as well....

Thu, 06/11/2015 - 07:09 | 6185695 Kaervek
Kaervek's picture

That's also happening to the US, it's going to be a choice between life-long slave labour or death for most of the population.

Enjoy your $5 starbucks while the credit bubble lasts. It's all a ponzi built on the shoulders of the unborn who are going to be involuntary bagholders for the generation before them who thought they had to live like kings on borrowed money.

What if humanity was the cancer of mother earth, slowly killing it and finally vanishing with the death of it's host.

Fuck shit up!

Wed, 06/10/2015 - 18:21 | 6184259 Soul Glow
Soul Glow's picture

Paul Krugman isn't just an expert, he's a saint!

:)

Wed, 06/10/2015 - 18:23 | 6184264 TungstenBars
TungstenBars's picture

Westerners are, for the most part, unintelligent when it comes to macroeconomics and geopolitics (without the bullshit). They are also very confident in their illusions, and wrathful at those that question them. 

I say it's time to quit trying to save those who don't want real freedom. 

Let idiots destroy themselves. Fuck them. 

Wed, 06/10/2015 - 18:25 | 6184270 BrocilyBeef
BrocilyBeef's picture

Good thing 51% of the population doesn't control 49%.

"If you like your Republic, you can keep your Republic!"

Wed, 06/10/2015 - 19:11 | 6184416 RichardParker
RichardParker's picture

Actually, 51% of the population does control 49%.  It's called democracy.

 

 

Wed, 06/10/2015 - 20:26 | 6184649 BrocilyBeef
BrocilyBeef's picture

Bravo Rich. Bravo!

Thu, 06/11/2015 - 12:23 | 6186645 Kobe Beef
Kobe Beef's picture

Actually .01% of the population control 99.99%. It's called Oligarchy. They own the Central Banks.

The people are allowed to vote for which Oligarch spokesman they'd like to see on their Television. When his/her credibility runs out, have another election. That's democracy.

Wed, 06/10/2015 - 19:12 | 6184424 WhackoWarner
WhackoWarner's picture

http://comer.org/about/    COMER lawsuit crawling through the Courts in Canada; and winning.  With no MSM attention.  No real political comment.

 

"The Journal of the Committee on Monetary and Economic Reform was launched as COMER Comments in 1988. Its purpose was to study the strange turn that monetary policy was taking under the aggressive leadership of the world's central banks and, in particular, the 1991 proclamation of John Crow, then Governor of the Bank of Canada, who declared “zero inflation” to be the primary concern of the central bank."

 

AKIN to team USA....Canada has no need for Central Banking.  By legal provision there is absolutely no need.   Going through the Courts here (and winning).    Guess the jusges have not been pre-appointed or bribed enough.

 

Wed, 06/10/2015 - 19:17 | 6184434 WhackoWarner
WhackoWarner's picture

AND as an aside.  Anyone looked at Iceland last few days?????  What MSM is covering it's economic recovery?  Fact that they protected depositors; allowed the banks to go bust; rejected IMF; jailed a few perps??

 

Anyone read this? 

 

http://www.independent.co.uk/news/business/news/three-charts-that-show-icelands-economy-recovered-after-it-imprisoned-bankers-and-let-banks-go-bust--instead-of-bailing-them-out-10309503.html

Wed, 06/10/2015 - 19:19 | 6184448 cossack55
cossack55's picture

Yes, of course.  That is why the list of "Great Nations" has risen to two.  Iceland and Bhutan.

Wed, 06/10/2015 - 18:06 | 6184205 Freedom In Your...
Freedom In Your Lifetime's picture

Exactly why it doesn't matter whether usa is the world super power or Russia or China or whatever other country you want to route for. Psychopathic sub-humans have their hooks into all major governments and are pulling the strings.

Wed, 06/10/2015 - 18:19 | 6184253 HopefulCynical
HopefulCynical's picture

Then we eradicate their asses. How? Dunno. But we'd better think of something, or we're all toast.

Wed, 06/10/2015 - 18:23 | 6184265 Soul Glow
Soul Glow's picture

Try to enjoy your life.  Paint, write, hunt, fish, whatever.  Enjoy your life while you have it.  It'll be gone soon enough.  

Wed, 06/10/2015 - 19:22 | 6184460 WhackoWarner
WhackoWarner's picture

Hard to do when you lose your job.  Lose your roof. Lose your savings.  Nice thought but completely out-of-reach for millions of homeless people. 

Might want to rephrase.  Enjoy your life going to pick garbage at the city dump (like many places in this world).  Try living in some of the world's slums.  No food. No job. No social safety net.  Sure those kids crawling over garbage dumps looking for anything sellable are happy as all get out.

 

Wed, 06/10/2015 - 18:29 | 6184286 TungstenBars
TungstenBars's picture

I've come to the conclusion we are all fucked. 

What we are dealing with is psychopaths who would start WW3 and kill everyone if they don't get their way. They won't even consider the consequences. That's how those minds work. They are beyond reason, sanity, or humanity. It's a separate species. 

Meanwhile, there are hundreds of millions of Americans, Europeans, and useful idiots that will serve them until the end without realizing that they've been indoctrinated by the worlds greatest psyops the world has ever seen.

 

Like I said, I think aside from an act of God, and I'm not religious, we're all fucked. 

Wed, 06/10/2015 - 19:17 | 6184438 The Delicate Genius
The Delicate Genius's picture

might be.. but there is also some crazy, crazy shit on that website.

Wed, 06/10/2015 - 18:19 | 6184254 BrocilyBeef
BrocilyBeef's picture

Hang 'em high.

Wed, 06/10/2015 - 18:06 | 6184207 Usurious
Usurious's picture

 

there is no labor to be stolen as no one in NKorea works, hence no tribe/zion banking system

suck it thisson

Wed, 06/10/2015 - 18:08 | 6184216 Max Steel
Max Steel's picture

Thats why NK is isolated .

Wed, 06/10/2015 - 18:11 | 6184220 shouldvekilledthem
shouldvekilledthem's picture

Bitcoin is freedom.

Wed, 06/10/2015 - 18:14 | 6184239 Freedom In Your...
Freedom In Your Lifetime's picture

Bitcoin is a tool, neither good nor evil. Same as gold or paper currency or rocks. It all depends on how it is used.

Wed, 06/10/2015 - 18:35 | 6184304 Dick Buttkiss
Dick Buttkiss's picture

It isn't about the currency; it's about its platform, i.e., the blockchain.  That is the revolution.  Watch it unfold as hundreds of millions are poured into it, pulling the rug out from under money and banking as we know it and freeing humanity accordingly.

Wed, 06/10/2015 - 19:03 | 6184395 FoundInTranslation
FoundInTranslation's picture

Why do people still repeat this tired old meme? If you don't understand that the blockchain cannot exist without a unit of account (bitcoin), you don't understand the system at a fundamental level. Bitcoin is the blockchain. 

Wed, 06/10/2015 - 19:52 | 6184577 Dick Buttkiss
Dick Buttkiss's picture

One of many like it, and counting:

The underlying blockchain technology relies on universal financial coverage and distributed computing to achieve its value as one of the first databases with provable integrity.

Centralized services may operate on top of the bitcoin protocol but will always face high competition due to the relatively low barriers to entry (open source software) and low switching costs (installing apps on a smart phone).

We are still early in our understanding of blockchain technology. The excitement around the integrity of the ledger, its openness and its potential to unlock global financial inclusion must be embraced in a holistic framework. The blockchain’s security and utility depend on its native token. Currently the most secure and reliable blockchain is clearly our dear friend bitcoin, but this does not have to be the case forever.

http://www.coindesk.com/love-blockchain-just-bitcoin

Wed, 06/10/2015 - 18:14 | 6184235 laomei
laomei's picture

if you dont have a central bank the other central banks will eat your economy alive.  simple as that really.  

Wed, 06/10/2015 - 18:18 | 6184249 Freedom In Your...
Freedom In Your Lifetime's picture

Yep. When you try to operate on their level and play their game you will lose 100% of the time. Iraq and Libya were good examples of that and Iran and/or Syria will be the next examples most likely.

Wed, 06/10/2015 - 18:22 | 6184261 laomei
laomei's picture

that's why you get nukes and play along by their rules, until you have enough leverage to make the new rules.

Wed, 06/10/2015 - 18:28 | 6184283 cowdiddly
cowdiddly's picture

The answer to your question is two. North Korea and Cuba are still tentacle free.....and arch enemies with a long hisory of sanctions placed against both.

Wed, 06/10/2015 - 18:44 | 6184340 laomei
laomei's picture

only the us cares about cuba.  the rest of the world has never really given much of a shit about what the us thinks

Wed, 06/10/2015 - 19:05 | 6184400 tarabel
tarabel's picture

 

 

I think we are dealing with semantics here. To suppose that two holdout communist dictatorships do not exert centralized control over the issuance of their respective currencies is fantastical to suppose.

I have no idea what termionology they employ, but I am quite confidnet that they ar engaged in the same shenanigans as everyone else in the great game of government finance, regardless of whether they do so as iindependent operators or as collective Nazis.

Thu, 06/11/2015 - 12:31 | 6186683 Kobe Beef
Kobe Beef's picture

Say what you like about the Nazis, but they kicked the International Use(erers) out of the Reichsbank.

They lost. Now it's Weimar World.

Wed, 06/10/2015 - 18:40 | 6184325 Niall Of The Ni...
Niall Of The Nine Hostages's picture

Actually, North Korea has a central bank too, the Central Bank of the DPRK, which issues the North Korean won.

The people of North Sentinel Island are nominally governed by India, but kill any outsider crazy enough to land on the island. Nobody's ever learned their language, so the Sentinelese remain as ignorant of central banking as they are of the global village. Long may their paradise last.

Wed, 06/10/2015 - 18:46 | 6184345 RMolineaux
RMolineaux's picture

This item suggests that all countries that have central banks also have their own currencies.  This is not correct.  The author does acknowledge that Europe has a supranational central bank controlling the currency of some 20 European countries.  But there are other examples.  Ecuador, Panama and, for a while, Argentina use the US dollar for their circulating currency, effectively turning their monetary fate over to the US Fed.  Panama has no central bank, and mints only coins for everyday use.  Many other countries "peg" their curencies to the dollar, such as Central American countries, the Caribbean and even China and Hong Kong.  These situations occur because of the historical experience of each country, in which the authorities have concluded that using the dollar gives them more stability than printing their own currency.  These arrangements naturally favor the US as an imperial phenomenon and present a formidable obstacle to their attaining their own economic freedom.  The author is correct in suggesting, nevertheless, that the existance of central banks is almost a universal institution.  He does not suggest any alternatives. 

Wed, 06/10/2015 - 20:29 | 6184658 Niall Of The Ni...
Niall Of The Nine Hostages's picture

How about nothing? Let free people decide what they want to use in free exchange.

When that's an option, they invariably use something real as a means of exchange---cattle, tobacco, wheat, rice, canned food, silver, gold---not a worthless government promise to pay something real, which is all central bank-confetti is. 

 

Wed, 06/10/2015 - 18:54 | 6184365 Nobodys Safe
Nobodys Safe's picture

It is time for an awakening.  We need to educate as many people as possible about why we need to get rid of the central banks.

News Fucking flash " they're not people, hell they're not even human anymore" Try to have a  conversation about anything other than total nonsense with the zombies and just look at their fucked up facial expressions and then tell me they're human.

I can have a more meaningful conversation with the squirrels in my backyard than any zombie from anywhere in the world. It's not just America, there seems to be an endless supply of fucknuts from all over the globe.

 

Wed, 06/10/2015 - 18:55 | 6184370 brockhardman
brockhardman's picture

3. The answer is 3.

Wed, 06/10/2015 - 19:01 | 6184388 FoundInTranslation
FoundInTranslation's picture

Got Bitcoin?

Wed, 06/10/2015 - 20:12 | 6184624 oddjob
oddjob's picture

No, I had read Blythe Masters was getting into Bitcoin. stop.

Wed, 06/10/2015 - 19:04 | 6184397 Faeriedust
Faeriedust's picture

The situation calls for mass resistance -- not with your hands, or your votes, but with your "feet".  Simply from necessity more and more people are moving from money-based transactions to barter and sharing.  Similarly, they are learning the perils of borrowing and how to save to buy what they want with cash (the least manipulable part of the Money Supply from the Central Bank perspective).

More currency alternatives are needed.  There are enough old silver coins bouncing around collections to put back into circulation as a shadow currency, and then there's Bitcoin.  As people withdraw their productivity from the bank currency system, they claim back the rents which that system has been extracting for their own use.  It's a slow process, but I believe that it will eventually bring down the bankers and the world monetary system as we have known it for the last century.

After all, a century is very short from the perspective of human history.  What is, is not what Must Be; it's just a random result of various political and economic factors and the timing of their interactions.  Things can change. 

Wed, 06/10/2015 - 19:15 | 6184430 Jtrillian
Jtrillian's picture

It should be concerning to everyone that so much power lies in the hands of so few, and with the stroke of a pen they can transfer the wealth to themselves without anyone knowing it was happening. 

This is why we have such a low velocity of money currently.  Social unrest is not far off unless we stop the corruption, manipulation and make markets fair/free again and reign in the excessive risk exposure (derivatives). 

I know, I know... good luck with that.  One can dream.  Otherwise, it's gonna get a lot worse before it gets better.

Wed, 06/10/2015 - 19:20 | 6184453 The Delicate Genius
The Delicate Genius's picture

There is/is not a vast difference between a "central bank" and a privately owned central bank.

 

Discuss.

Wed, 06/10/2015 - 19:33 | 6184505 Kirk2NCC1701
Kirk2NCC1701's picture

[crickets]

Wed, 06/10/2015 - 23:32 | 6185228 acetinker
acetinker's picture

Did somebody say [crickets]?  Where's the wise prof, just now?

I ain't your reddie.

Wed, 06/10/2015 - 19:59 | 6184596 acetinker
acetinker's picture

OK professor, I'll bite.

A central bank could be owned and operated by the people it serves, but to my knowledge, this situation has only manifested for brief periods of time, at great personal cost to those who attempted it.

By contrast, a privately owned central bank is kind of like opium.  It soothes the suffering of those who should actually be managing their own affairs (but are too stupid or lazy to do so), while extracting the wealth of all who create it.

How'd I do?

Wed, 06/10/2015 - 19:39 | 6184484 acetinker
acetinker's picture

Integration of the ME into the 'modern banking system' is in direct conflict with their deeply held religious beliefs and their attitude toward what we in the West call 'money'.

IOW, you're not an infidel because you believe in Christ-  you're an infidel because you allow yourself to be controlled by fiat currency- issued with interest (usury) attached.

We've been taught that they are backward and unsophisticated, when actually, it is they who resist central control.

They certainly don't hate us for our 'freedumbs'.

Wed, 06/10/2015 - 19:47 | 6184554 fremannx
fremannx's picture

The days are more than likely numbered for the Federal Reserve. Many want to believe the Fed has some kind of control over the markets but the reality is the opposite. When the public is finally fed up with the Fed, the Creature from Jekyll Island will ultimately be discredited and dismantled.

 

http://www.globaldeflationnews.com/the-creature-from-jekyll-island-the-e...

Thu, 06/11/2015 - 12:41 | 6186715 Kobe Beef
Kobe Beef's picture

Not if The Creature dismantles the people first. And it is doing exactly that as we speak.

Wed, 06/10/2015 - 21:44 | 6184888 Atomizer
Wed, 06/10/2015 - 22:22 | 6185019 scatha
scatha's picture

Excellent observation about CBs octopus of debt spreading all over the world but that's not complete story.

Here is an except from a post which addressees banking system, money and wealth as sociological constructs, necessary illusion, elements of what's needed to exert control over population.

One of the best-kept secrets is the fact that there are no banks; there only is one single bank, called financial system with worldwide reach through world central banking system. Hence, there is no circulation of any money or financial assets i.e. derivative of money but just new entries in the obfuscated common ledger, which could be manipulated at will or erased without our knowledge.

When we take a loan, the bank does not create money from thin air, as common tale tells, since money itself is an illusion of value. What for gullible public is actually created is an illusion of bank’s wealth, a lie of possessing all the money to lend. The only value in loan transaction is our government enforced commitment to enslave ourselves to evil of compound interest at system determined rate, for system determined amount of our labor and for system determined years ahead, to give away our lives, believing in propaganda that it is worth to be abused by ruling elites often to achieve something illusory, meaningless, something we truly do not want or need.

The expose of so-called wealth and opulence, high life, fake billionaires and oligarchs mostly inbred retards, sick stricken by catatonia with brief murderous rampages of unwelcome conscientiousness are just propaganda excretions to fool us about existence of unabridged wealth bestowed on deserving few by ruling power. In fact all those characters are just show puppets of their power elite masters. The MSM made-up stories of brilliance of brain-dead, half decomposed oracles or socially diseased investment geniuses are just propaganda products necessary to maintain illusion of money and its unlimited power to realize our sickest dreams.

https://contrarianopinion.wordpress.com/2015/04/14/plutus-and-the-myth-o...

Wed, 06/10/2015 - 23:25 | 6185204 acetinker
acetinker's picture

Yeah, well... forgive me for saying so, but your source is fulla shit.

There are many banks, with a handful of controllers.  Each of those controllers, overtly or covertly work to own the whole shebang.

This, and this alone, is the real reason for world wars and financial meltdowns.

Never mind the sovereigns, or their so-called leaders... those leaders are merely puppets.

The bankers run this world, but don't think for one minute that they are of one mind.  They're not.

Thu, 06/11/2015 - 01:41 | 6185447 slvrizgold
slvrizgold's picture

Son, every country has a central bank.  How else could someone else be the banker in the Monopoly game and keep track of the colored pieces of paper for us?   And who would make sure you could convert 100B Yen into Hong Kong dollars or Swiss Francs with the press of a button?   I sure am glad they are fostering price stability, full employment, and saving us all from ourselves . ///sarc

Thu, 06/11/2015 - 15:25 | 6185490 Radical Marijuana
Radical Marijuana's picture

Some of my favourite quotes from Carroll Quigley, to put central banks into their historical, globalized, context:

"powers of financial capitalism
had another far-reaching goal,
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 ..."

That system was "to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements. ...The apex of the system was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world’s central banks which were themselves private corporations. ... It must not be felt that the heads of the world's chief central banks were themselves substantive powers in world finance. They were not. Rather they were the technicians and agents of the dominant investment bankers of their own countries, who had raised them up, and who were perfectly capable of throwing them down. The substantive financial powers of the world were in the hands of these investment bankers who remained largely behind the scenes in their own unincorporated private banks. These formed a system of international cooperation and national dominance which was more private, more powerful, and more secret than that of their agents in the central banks."

Central bankers work like organized crime works.

There are globalized electronic frauds, backed by atomic bombs, which serve social pyramid systems based on ENFORCING FRAUDS.

The point of view which I promote regarding that is that we should start using UNITARY MECHANISMS regarding those issues, instead of continuing to rely upon the DUALITIES expressed as false fundamental dichotomies and the related impossible ideals.

"The absolute best controlled opposition is
one that doesn't know they are controlled."

-- Cognitive Dissonance

Virtually all of the content on Zero Hedge is STILL controlled opposition, in the sense that Cognitive Dissonance stated, (including even him too.) The theoretical ways out of that depend upon enough people perceiving politics is radically different ways. However, there are no good reasons to believe that is politically possible. While it is barely possible to get some people to agree upon some superficial analysis of the problems presented by central banks, it is NOT now possible to get enough people to agree upon a deeper analysis, and therefore, politically impossible to develop enough understanding and agreements regarding how to realistically resolve those real problems.

Central banks are the result of the biggest gangsters, the banksters, being able to persistently apply the methods of organized crime through the political processes, in order to capture control over the powers of governments, and thereby effectively privatize those powers. MONEY IS MEASUREMENT BACKED BY MURDER. The banksters dominate the public "money" supply because they were the best at applying the principles and methods of organized crime in order to control governments.

To understand how and why that happened takes a much deeper analysis of those problems that I am aware of being presented in any publicly significant way by anyone. I summarize the situation as follows, the only way to have better government is to have better organized crime. The debt controls are backed by the death controls. There exist combined money/murder systems, which developed through the long history of successful warfare being based upon backing up deceits with destruction, morphing to include the ways that political economy developed successful finance to be based on enforcing frauds.

The production of destruction always controlled production. Private property was always based on backing up claims with coercions. There is no private property outside of some system of public violence. Everyone has some power to rob and power to kill to back that up. Governments assembled and channeled those powers to rob and kill. Governments were the biggest forms of organized crime, controlled by the best organized gangs of criminals, who currently happen to be the international bankers. HOWEVER, it does no good to go through that deeper analysis of how natural selection pressures drove the development of the currently existing human systems of artificial selection, to then only collapse back to bogus "solutions" based upon old-fashioned notions of false fundamental dichotomies, and their related impossible ideals, such as were originally promoted by the biggest bullies, through their controlled opposition groups, as manifested by all of the publicly significant religions and ideologies.

Of course, there are no good grounds to believe that is going to happen. Rather the monetary system has become like a totally metastasized cancer, that is killing the society that it developed in. Therefore, that society has become terminally sick and insane, since civilization has become almost inconceivably crazy and corrupt, due to the long history of how it was possible to successfully back up lies with violence, which became systems of legalized lies, backed by legalized violence, or the currently existing combined money/murder systems, where governments enforce frauds by privately controlled banks, BUT, being able to enforce frauds never stops those frauds from still being false, and therefore, the more successful the banksters become, the more psychotic and criminally insane civilization as a whole becomes.

The overall social facts are that more than 99% of the general population of taxpayers behave like incompetent political idiots, or Zombie Sheeple. Furthermore, that is actually getting worse, faster. However, due to the vicious feedback loops found in the FUNDING OF POLITICS, the ways that central banks continue to be able to have governments ENFORCE FRAUDS are automatically doubling down, to become more criminally insane, since those central banks were originally due to the social successfulness of applying the principles and methods of organized crime to the political processes, resulting in the vicious spirals of debt slavery systems driving themselves to generate numbers which have become debt insanities.

At the present time, there is almost nothing but a core of organized crime, surrounded by controlled opposition groups, both of which operate inside of the same basic bullshit frame of reference. All those groups are dominated by the best available professional liars and immaculate hypocrites. Tragically, that includes guys like Snyder, as well as almost all of the rest of those with content published on Zero Hedge, who continue to actually be controlled opposition, who do not recognize the degree to which they controlled by the natural language that they use to think and communicate through, as well as do not recognize the degree to which they presume upon a philosophy of science which is profoundly wrong, due to the ways that the biggest bullies' bullshit world view dominated everything, so much, for so long.

The article above was another typical illustration of mostly good analysis, but which was still too superficial, which then ends by calling for bogus "solutions" which are based upon impossible ideals, that could never be actually implemented. In my view, that is demonstrated by the last paragraph in the article above:

The global elite dominate us because we allow them to dominate us.  Their debt-based system greatly enriches them while it enslaves the remainder of the planet.  We need to expose their evil system and the dark agenda behind it while we still have time.

The banksters dominate us because they were the best organized gang of criminals. They are the Fraud Kings, that developed out of the history of the War Kings, creating sovereign states with the power to rob (taxation) and the power to kill (enforce the rule of law.) For a long time, they have perfected their ability to control their opposition, so that, at the present time, there is no publicly significant genuine opposition. It appears to continue to be politically impossible to develop any genuine opposition, because enough people would have to go through severe cognitive dissonance, in order to change their paradigms regarding how they perceive politics, to make that become possible.

I have spent most of life attempting to develop that kind of series of intellectual scientific revolutions, which would theoretically be necessary to cope with there now existing globalized systems of electronic monkey money frauds, backed up by the threat of force from apes with atomic bombs. However, such a set of ideas, and the courses of action that such ideas would indicate, are things which both the ruling classes and those they rule over do not like. To deal with the ways that the core of organized crime, in the form of the banksters, are controlling civilization would also require dealing with the ways that they have controlled the opposition. Pretty well all of the publicly significant religions and ideologies are operating as controlled opposition groups, that stay with the frame of reference of the biggest bullies' bullshit world view, which currently is predominately the banksters' bullshit world view.

To attempt to be realistic about the real problems that the debt controls are backed by the death controls leads one to have to face the probabilities that the runaway debt insanities are going to provoke death insanities. After all, the banksters' systems have always been debt slavery, backed up by wars based on deceits. Therefore, to be realistic about what real resolutions of the real problems are requires that we would have to develop better death control systems, and those would have to emerge out of the context of there being future conditions when the runaway debt insanities had provoked runaway death insanities.

In my view, that is what Snyder is referring to when his last line was: "We need to expose their evil system and the dark agenda behind it while we still have time." Actually, we already ran out of time a long time ago. Making the public "money" supply out of nothing as debts has been "paying" to strip-mine the planet's natural resources, and turn those into garbage and pollution as fast as possible, because everything that civilization has been doing was being directed by the fundamentally fraudulent financial accounting systems made and maintained by the international bankers. Since civilization has been controlled by being able to back up lies with violence for thousands of years, and that has been getting worse, faster, at an exponential rate, we ran out of time a long time ago.

Natural selection always existed. Natural selection pressures were internalized as human intelligence, and then applied through the history of warfare and economics, to become the currently established systems of enforced frauds, operated by the banksters. There was always only one energy, and therefore, there was always only one system. Human beings necessarily operate as entropic pumps of energy flows. The intense paradoxes that we now face are that the long history of successfully backing up deceits with destruction, and then enforcing frauds, has created a kind of Bizarro Mirror World, or Wonderland Matrix, whereby the biggest bullies' bullshit social stories have been able to present everything in ways which were as backwards and absurd as possible, while they were also able to control the opposition to also agree to go along with that.

Deeper analysis of the problems does not merely reveal that governments are the biggest forms of organized crime, controlled by the best organized gangs of criminals, but also that that must necessarily be the case. However, almost everyone has been almost totally brainwashed to believe in bullshit, since, indeed, it is practically impossible to think or communicate without using languages and presumptions that are thoroughly shot through and through with bullshit, because of the ways that the biggest bullies were able to back up lies with violence, and enforce frauds, so much, for so long!

Human beings, as soon as we perceive them as separated from their environment, necessarily operate as robbers in that environment, because they necessarily live as entropic pumps of energy flows. Human beings necessarily live through some systems of organized lies operating robberies. However, the biggest bullies have been able to develop systematic bullshit stories that have reversed the meaning of that, so thoroughly and totally, the almost nobody notices that was done.

To perceive human beings and civilizations as entropic pumps of energy flows matches the principles and methods of organized crime, and it must necessarily do so. However, at the present time, almost all the apparent "opposition" to the banksters is controlled to still stay inside of the banksters' bullshit frame of reference. Therefore, the controlled opposition groups continue to rely upon DUALITIES, expressed as false fundamental dichotomies, and the related impossible ideals, and therefore, promote bogus "solutions" that continue to backfire badly in the real world, and actually cause the opposite to happen, because, after all, they are controlled opposition.

The only genuine opposition must necessary provide different ways to operate through the principles and methods of organized crime. Money must necessarily be measurement backed by murder. Human beings can not stop themselves from operating through some systems of organize«d lies operating robberies, because they can not stop themselves from living as entropic pumps of energy flows. However, they could go through paradigm shifts in the ways that they perceive that. In particular, they could understand that the biggest bullies were able to influence the history of the philosophy of science, so that the meaning of the entropy equations in thermodynamics and information theory was reversed by having an arbitrary minus sign inserted into those equations, which reversed the meaning of entropy, and thus, enabled the apparent progress in physical sciences to continue to be consistent with the biggest bullies' bullshit world view.

In order to more fully comprehend the meaning of central banks, one has to more fully comprehend how and why money is measurement backed by murder. There are no genuine solutions to the problems manifested by civilization being controlled by fundamentally fraudulent financial accounting systems than by developing a more scientific understanding of human beings and civilizations as general energy systems. However, in order to do that, we have to go through series of intellectual scientific revolutions, which would transform political science in order to make it become more consistent with physical science.

More than anything else, that means we need to change the ways that we think about time and space, which is expressed in the ways that we think about entropy. That is the only way to develop a real, radical revolution, which admits and addresses how and why the banksters were the best organized gangs of criminals, that were thereby able to capture control over the biggest forms of organized crime, which are governments. It is NOT good enough to merely recognize those social facts in superficial ways, and then collapse back to promoting impossible ideals as the basis for "solutions" to those problems.

Of course, I do NOT expect that to happen at any time in the foreseeable future. I expect the only significant "opposition" to continue be controlled, in ways which actually allow the dynamic equilibria between the different systems of organized lies operating robberies to get even more UNBALANCED ... The most probable predictions continue to be runaway debt insanities provoking death insanities, and that PERHAPS opening up opportunities for new death control systems to emerge out of those conditions ... What I am proposing is that it MIGHT be possible to catalyze those transformations ???

Do NOT follow this link or you will be banned from the site!