Money or Freedom? Prepare for Economic Revolution

The imminent revolution of the present economic system has already begun. As with all change, there is resistance, but by being informed, we can outplay the vermin at its own game. How? Let us start the story in Europe.

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From a European Perspective

In Europe, on the ground, the people are overweight, many drive new cars (on borrowed money), and there are only a few beggars in the streets. Much less so than in Paris during the fifties. It is true that unemployment, poverty, and hence petty theft and burglaries are on the increase in Europe. Yet how can Europeans moan about the economy while our bellies and shopping malls are bursting at the seams? How can this apparent wealth justify the great inequalities we face today?

Paris in the 50's - No Sky Skraping Brigands

Paris is the fifties - photo Ed van der Elsken
Paris is the fifties - photo Ed van der Elsken

The Global Picture

It is evident that the current financial system modeled on excessive profits, waste, debt, and creating money out of thin air is no longer sustainable. From the ground up, through the Internet, the current global economic system is dying. The positive effects of the economic revolution will be a radical overhaul of present laws and rules of conduct for those engaged in the financial sector.

Dollar Boycott by India, China & Russia to Purchase Oil from Iran

Asia, China and Russia are beginning to scrutinise the dollar's position as the ruling currency in the world. America's embargo on Iranian oil, in response to their nuclear program, has prompted India, China, and Russia to boycott the dollar. These countries continue to buy oil from Iran with gold or their own domestic currencies instead of using the US dollar. This is a significant set back for the US dollar as the world reserve currency. To get a more global economic perspective, let us move over to the other side of the world, to Asia.

In Asia

Many Europeans have now chosen to live, work and bring up their families in Asia. Why? Because Asia has

  • a growing economy
  • better weather
  • less tax to pay
  • and less government interference.

Europeans working in Asia can afford big houses, big cars, chauffeurs, and servants. The cost of living is lower while living standards for them are higher. Meanwhile, Eastern Europeans have enjoyed immense improvement since the Euro Zone came into existence. So what else have we learned from the Europeans?

Europe - Power Without War

What Europe has done has never happened before in history. Europe has expanded. It has conquered a vast geographical territory without shooting a single bullet. Without making war or colonization, we said to all our poor neighbors, like Spain, Eastern Europe etc:

"Get your act together, and then you may qualify to join the European Union." The result is a diversity of cultures, all speaking different languages, working together. An revolutionary example to the world.

Brussels doled out billions of euros to poorer countries help them improve infrastructure, highways and airports. Southern Spain suddenly became the "Florida of Europe". Tourism is booming.

West Germany has welcomed its poor Eastern sister. The enormous financial gap between the two halves of Germany was ironed out smoothly. What Europe has done shows that money can be put to good use rather than squandering it on arms and the stock market.

The European Union in 2015
The European Union in 2015 | Source

The European Union Makes Life Easier

My Slovenian friends escape their severely cold winters by coming to Spain to work. They don't need any visas or work permits. Although some of the American media spell out gloom and doom for Europe, we could not conceive of things going back to the old ways. People are no longer trapped in the miserable Eastern block. We still have a long way to go, but the idea of Europe going back to individual nations is preposterous. Most Europeans, especially the younger, more mobile generation, are happy with the European Union.

Good Outcome

The success of the European Union shows that good things can be achieved, even if not mentioned on the news. The gradual revolution of the financial system will decentralise global power. Asia, China, India and South America are growing. Globally at a grassroots level, people are becoming more aware of corporate misconduct. With Internet communication, the people of the world no longer accept the status quo. Adhering to their own moral values, the people of the world have become responsible for their own survival.

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Numbers in Computers Have no Real Value

The economic crisis was caused by banks' irresponsible over lending to people who couldn't pay their mortgages. Now we bail out those banks. Why?

The National Debt

Politicians point their fingers at opponent parties for the National Debt. Allegedly, the national debt is owed to the banks by the government, i.e. the taxpayer. Allegedly, we, the taxpayers owe the banks for having lent us too much "virtual" money without assuring security against those loans. Well, that is the nature of business. they goofed up, they lose their money.

As my old Scottish mother-in- law used to say:

  • "Never lend money unless you are prepared to lose it".

When a financial system is no longer viable, such debts are mere inventions, virtual money created by banks out of thin air. So if the money is thin air, so is the debt. A student can, from now on, with my permission, blow his $30,000 debt right back to where the loan came from, to Thin-Air-Land. If you don't know about the Fed's thin air policy, watch the next video.

The Federal Reserve Scam

The Ultimate Survivor

Charlie Chaplin in "The Tramp"
Charlie Chaplin in "The Tramp" | Source

What Will You Do?

Like dogs eating their own tails, the corporate world of money addicts gamble our hard-earned dosh across stock markets. They are mad! We, normal people, have other problems. How do we get:

  • living food
  • clean air
  • shelter for our families

If there is no more money, do we buy gold, silver or diamonds for security?

Diamonds, Gold and Silver? No!

Why do people still rush to buy diamonds, gold and silver? To be prepared for the economic revolution, we must figure out what products and services we need to survive.

Survival Needs

During WW2, the currency in Hungary became worthless. My family fled the bombing of Budapest to a derelict farmhouse. In mid-winter snow, my grandma had to travel on a tireless bike to the city. There, she exchanged potatoes for salt, oil, sugar and things like cloth and needles that were not available in the countryside. Her golden goose was a real living goose that laid real eggs. Those eggs could be exchanged for other useful things like tools or nails.

You cannot eat money, gold or silver, let alone diamonds - break your flipping teeth!

Change Is Imminent

With a gradual, from grass roots rising revolution of the current financial system, it is time to rethink our priorities. Where did we go wrong? We were brainwashed into over-consumption to keep the coffers of those in power burst with virtual money. How silly.

The Dollar Trap: How the U.S. Dollar Tightened Its Grip on Global Finance
The Dollar Trap: How the U.S. Dollar Tightened Its Grip on Global Finance

The U.S. dollar's dominance seems under threat. The near collapse of the U.S. financial system in 2008-2009, political paralysis that has blocked effective policy making, and emerging competitors such as the Chinese renminbi have heightened speculation about the dollar's looming displacement as the main reserve currency.

 

Are Governments Duped by Business or Accomplices?

It is now blatantly clear that the powers of the global financial system are elevated far beyond governments. The electorate has been duped into voting for puppets trained and paid by gambling addicted criminals who have but one single goal: to make more money. Such people have lost all notion of what government functions are:

  • A government is elected to administer:
  1. infrastructure
  2. education
  3. good health for its citizens
  4. social services for the poor
  5. justice & security
  6. stringent and enforced laws for banks and multinationals


  • A government is NOT elected to meddle in
  1. business and the stock market
  2. arms deals
  3. acts of war
  4. the media

Two Possible Systems

The beginning of the current flawed system dates back a century. Ever since the Federal Reserve Bank was founded in 1913, all money is manufactured, owned and lent to the government by private bankers. Lincoln and some other "good" presidents fought to change that system by favoring the former of the following 2 distinctive financial systems:

  1. A debt-free local controlled money supply
  2. A central bank controlled money supply (the current system)

They partly succeeded for short periods of time, but all along, the good guys were systematically murdered by the bank cartels.

What Is the Economy?

We are all led to believe that the economy is far too complicated an issue for us, mere sheep, to understand. In reality, the economy is nothing more than you and I. We are both the producing workforce and the consumer. The power of money is in our own wallets and bank accounts.

We are free to:

  • Use or create small local banks
  • grow our own food
  • create goods and provide services locally
  • provide local jobs
  • buy / exchange local products

Supermarkets selling food that causes obesity and cancer will go bust unless they meet our nutritional needs and industrial values.

To Conclude

I hope that this slightly erratic but hopefully informative account of the relationship between money and real life has given you some relief and optimism. Rejoice the dawn of an era where dishonesty and greed will no longer rule the world.

Please feel free to discuss your views in the comments section below.

Further reading:

How Banks Create Money out of Thin Air - Federal Reserve - Fractional Lending

How the People of Iceland Fought their Banks

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© 2016 JULIETTE KANDO - You may link to this article, but you may Not copy it. Copied content will be reported with a DMCA notice and will be removed.

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The Death of Money: The Coming Collapse of the International Monetary System
The Death of Money: The Coming Collapse of the International Monetary System

The Death of Money contains very big, provocative ideas clearly explained and delivered...Rickards's insight enables him to connect the dots in a way that few others can. It is an engrossing account of the massive stresses accumulating in the global financial system. Any serious student of financial crises and their root causes needs to read this book

 

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Comments 10 comments

janme 12 months ago

Europeans love to blame the united states for this situation when will they realize that the fractional reserve debt based federal reserve was imposed upon the united states by Britain...Europe has never ceased interfering in our internal affairs since the day the united states was created they have dragged us into their wars and it was Britain that created the cia which serves European not American interests...there is no such thing as the American empire..we are tired of doing europes dirty work...Britain and Germany are enemies not allies of the u.s.


Sue Adams profile image

Sue Adams 4 years ago from Andalusia Author

I was still an a-political, ill-informed citizen of Europe until I accidentally came across this full-length video documentary:

http://www.youtube.com/watch?v=kXndAyTr5kc

Don't be confused by the title. It is a true account of the history of finance with a perfectly clear explanation of why we are in the financial mess we are in today.

Apparently the debate between a debt-free government controlled money supply and the current system whereby all money is produced, owned and lent to the government by private bankers dates back centuries. Lincoln and some other "good" presidents fought hard to change that system and partly succeeded for short periods of time, but all along, the good guys were systematically murdered by the bankers.

Anyone can understand the truth. Economics is no longer the complicated mystery we'be been made to believe it is.

WATCH THE MOVIE

It is so important that I am going to belatedly embed it into "Is The European Economy Going To Collapse?" hub.


ronaldoh profile image

ronaldoh 4 years ago from England

I agree we need a government run system,the trouble is the bankers have too much power.


Sue Adams profile image

Sue Adams 4 years ago from Andalusia Author

Hi Ron,

So far so good then, but the entire monetary system has to change from a bank run system to a government, debt free system. Banks cannot continue lending fictional money, it's ludicrous and everyone knows it.


ronaldoh profile image

ronaldoh 4 years ago from England

I think the Euro is strong enough to stay for now despite the divided opinion .There should be no collapse of the economy now, however can we be certain other world political events in the future will not destabilise the Euro further.I am glad UK is Euro free.


Sue Adams profile image

Sue Adams 4 years ago from Andalusia Author

At least we agree on this, quoted from your hub:

"If all the countries in Euro-zone come forward and get united in their fight against euro fall out, then if will send positive signals around the world."


redbox profile image

redbox 4 years ago from London, UK

Yeah looks more likely now.. I completely agree to your observation in your hub.. I have also written a more updated hub recently, please have a look if possible.

http://hubpages.com/business/Double-Dip-Recession-...


Sue Adams profile image

Sue Adams 4 years ago from Andalusia Author

I'm glad you're on the positive side Chris. All parents at least must be "tomorrow" people for the sake of their off- springs and their kids, bur are they? I feel powerless beyond my own capabilities of buying European produce and boycotting multi nationals where I can. What else can we personally do for a more stable Europe? Has anyone any ideas?


alekhouse profile image

alekhouse 4 years ago from Louisville, Kentucky

Interesting and timely hub


CHRIS57 profile image

CHRIS57 4 years ago from Northern Germany

Certainly the European economy is not going to collapse. All indicators of real economy in the EU look much better than those of its peer economies US and Japan. And the Euroland debt crisis initiated real, fundamental reforms.

Not too much to worry about.

There is this one reluctant EU member on an island who favours more to follow US ideals of virtual economy. Well that may turn out bad.

The basic issue in Europe is a cultural one. It is the division of European countries and people into those who live for the day and enjoy (hedonistic approach) and those who live for tomorrow and do a lot of organizing and planning for well being in the future.

With introduction of the Euro some hedonist economies found out, they could easily tap the harvestores of the "tomorrow" people. And eventually by now everyone knows the harvestores are plain empty. That upset the "tomorrow" people and a specific type of people who speculate on trade with the contents of the harvestores. Crisis took its turn and made the hedonists to rethink and also made the "tomorrow" people to work even harder.

No, Europe will survive. The crisis is an excellent opportunity to get things organized. Economic numbers already show.

Thanks for your great hub, guess what i voted in your poll?

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