amanfromMars Jan 8, 2017 1:05 AM [1701080605] ….. stating the bleeding and leading edge obvious on http://www.zerohedge.com/news/2017-01-07/bank-englands-andrew-haldane-admits-forecasting-errors and http://www.thedailybell.com/news-analysis/bank-of-englands-andew-haldane-admits-economic-forecasting-errors-2/
The reality is the central bank is a government granted monopoly.
The Bank of England is basically a government monopoly. Economists [and politicians] affiliated with it will certainly take positions agreeing with it.
Oh? Are you so very sure? I was more thinking, because all freely available evidence was supportive, with QE and wild promissory Gilt auctions being but two obvious examples of such an inversion/reversion and perverse private pirate support, it was governments which were the monopoly granted by central bankers, with both ignorance and arrogance abusing and misusing the facility catastrophically.
It is not as if it is not widely known either, is it, so why pretend it be otherwise, other than to realise the great individual danger its systems create to destroy the mortals that wield its power so badly …..
“The bank hath benefit of interest on all moneys which it creates out of nothing.”
William Paterson, founder of the Bank of England in 1694, then a privately owned bank.
“Let me issue and control a nation’s money and I care not who writes the laws.” Mayer Amschel Rothschild (1744-1812), founder of the House of Rothschild.
“The few who understand the system will either be so interested in its profits or be so dependent upon its favours that there will be no opposition from that class, while on the other hand, the great body of people, mentally incapable of comprehending the tremendous advantage that capital derives from the system, will bear its burdens without complaint, and perhaps without even suspecting that the system is inimical to their interests.” The Rothschild brothers of London writing to associates in New York, 1863.
“Banking was conceived in iniquity and was born in sin. The Bankers own the Earth. Take it away from them, but leave them the power to create deposits, and with the flick of a pen they will create enough deposits to buy it back again. However, take it away from them, and all the fortunes like mine will disappear, and they ought to disappear, for this world would be a happier and better world to live in. But if you wish to remain slaves of the Bankers and pay for the cost of your own slavery, let them continue to create deposits.” Sir Josiah Stamp, President of the Bank of England in the 1920s, the second richest man in Britain.
“I am afraid the ordinary citizen will not like to be told that the banks can and do create money. And they who control the credit of the nation direct the policy of Governments and hold in the hollow of their hand the destiny of the people.” Reginald McKenna, as Chairman of the Midland Bank, addressing stockholders in 1924.
“The banks do create money. They have been doing it for a long time, but they didn’t realise it, and they did not admit it. Very few did. You will find it in all sorts of documents, financial textbooks, etc. But in the intervening years, and we must be perfectly frank about these things, there has been a development of thought, until today I doubt very much whether you would get many prominent bankers to attempt to deny that banks create it.” H W White, Chairman of the Associated Banks of New Zealand, to the New Zealand Monetary Commission, 1955.
“I believe that banking institutions are more dangerous to our liberties than standing armies.” Thomas Jefferson, US President 1801-9.
“When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes. Money has no motherland; financiers are without patriotism and without decency; their sole object is gain.” Napoleon Bonaparte, Emperor of France.
“If the American people ever allow private banks to control issue of their currency, first by inflation, then by deflation, the banks and the corporations will grow up around them, will deprive the people of all property until their children wake up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.” Thomas Jefferson in the debate over The Re-charter of the Bank Bill (1809).
“Money plays the largest part in determining the course of history.” Karl Marx writing in the Communist Manifesto (1848).
“The government should create, issue and circulate all the currency and credits needed to satisfy the spending power of the government and the buying power of consumers. By adoption of these principles, the taxpayers will be saved immense sums of interest. Money will cease to be master and become the servant of humanity.” Abraham Lincoln, US President 1861-5. He created government issue money during the American Civil War and was assassinated.
“The death of Lincoln was a disaster for Christendom. There was no man in the United States great enough to wear his boots and the bankers went anew to grab the riches. I fear that foreign bankers with their craftiness and tortuous tricks will entirely control the exuberant riches of America and use it to systematically corrupt civilisation.” Otto von Bismark (1815-1898), German Chancellor, after the Lincoln assassination.
“That this House considers that the continued issue of all the means of exchange – be they coin, bank-notes or credit, largely passed on by cheques – by private firms as an interest-bearing debt against the public should cease forthwith; that the Sovereign power and duty of issuing money in all forms should be returned to the Crown, then to be put into circulation free of all debt and interest obligations…” Captain Henry Kerby MP, in an Early Day Motion tabled in 1964.
“Banks lend by creating credit. They create the means of payment out of nothing. ” Ralph M Hawtry, former Secretary to the Treasury.
“… our whole monetary system is dishonest, as it is debt-based… We did not vote for it. It grew upon us gradually but markedly since 1971 when the commodity-based system was abandoned.” The Earl of Caithness, in a speech to the House of Lords, 1997.
“Money is a new form of slavery, and distinguishable from the old simply by the fact that it is impersonal – that there is no human relation between master and slave.” Leo Tolstoy, Russian writer.
“It is well enough that people of the nation do not understand our banking and money system, for if they did, I believe there would be a revolution before tomorrow morning.” Henry Ford, founder of the Ford Motor Company.
“The modern banking system manufactures money out of nothing. The process is, perhaps, the most astounding piece of sleight of hand that was ever invented. Banks can in fact inflate, mint and un-mint the modern ledger-entry currency.” Major L L B Angus.
“The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it. The process by which banks create money is so simple the mind is repelled. With something so important, a deeper mystery seems only decent.” John Kenneth Galbraith (1908- ), former professor of economics at Harvard, writing in ‘Money: Whence it came, where it went’ (1975). …… http://www.moneyreformparty.org.uk/money/about_money/quotes.php
And now that you know of such false power and weak energy, what you gonna do about it? Anything remotely manly and interesting or terrifically exciting and destructively creative …… future changing?
Or do you wait for Anonymous Others to lead with revolution and insurrection, mad terror and disruptive mayhem if current systems don’t heed their dire plight and fundamentally reform everything themselves to continue to retain and maintain the virtual reality with commanding control powers housed for enlightened administration and distribution within?
Would such be kith and akin to Jihad?
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amanfromMars Jan 8, 2017 1:39 AM [1701080639] ….. chatting to bots and bods in networks on http://www.zerohedge.com/news/2017-01-07/war-thinking-cia-controls-markets-too
Here’s some Potent Warrior Thinking …… CIA thinks it controls the markets with IT and media but IT and media know better and different. And that is a quantum shift in the balance of power and transfers future almighty overwhelming energy resources to novel new sources.
Internets internetworking? You aint seen nothing yet, and you won’t ever have seen anything like what is in store and pipelined for massive global delivery and discovery.
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HonourableMember [1701081014]….. being disagreeable and lamenting the loss of integrity and journalistic impartiality in/on the Guardian because of this desperate opinion piece ……. https://www.theguardian.com/commentisfree/2017/jan/07/russian-treachery-extreme-and-everywhere
Strewth, no wonder the Guardian is holding out the begging bowl whenever reports such as this one by Nick Cohen …”Russian treachery is extreme and it is everywhere” …. litter its pages. It is not news or journalism but much more a puff piece and extremely bigoted propaganda.
But we do understand why the West is so terrified of what it is being found out to have been doing for so long, in service of an intellectually bankrupt elite and all for the perverse and corrupting love of easy money/fiat currency/a bank account with a lot of zeros after any single figure you care to think of. What a crying shame …… not, now that just desserts are being aired and secrets and methodologies shared freely for peer review and pirate exploitation.
[And when is later ….with regard to the “Comments will be opened later” at the end of the piece.]
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amanfromMars 14:18 08.01.2017 [1701081118] …. pointing out a compromised operation on https://sputniknews.com/world/201701081049367385-journalists-report-russia-hacking/
Shaun Walker, the Moscow correspondent of The Guardian, appears to be at war with words and at loggerheads with Nick Cohen of the Guardian. Is that the Guardian having a sort of nervous corporate breakdown?
HonourableMember [1701081014]….. being disagreeable and lamenting the loss of integrity and journalistic impartiality in/on the Guardian because of this desperate opinion piece ……. https://www.theguardian.com/commentisfree/2017/jan/07/russian-treachery-extreme-and-everywhere
Strewth, no wonder the Guardian is holding out the begging bowl whenever reports such as this one by Nick Cohen …”Russian treachery is extreme and it is everywhere” …. litter its pages. It is not news or journalism but much more a puff piece and extremely bigoted propaganda.
But we do understand why the West is so terrified of what it is being found out to have been doing for so long, in service of an intellectually bankrupt elite and all for the perverse and corrupting love of easy money/fiat currency/a bank account with a lot of zeros after any single figure you care to think of. What a crying shame …… not, now that just desserts are being aired and secrets and methodologies shared freely for peer review and pirate exploitation.
[And when is later ….with regard to the “Comments will be opened later” at the end of the piece.]
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amanfromMars [1701081629] ….. spouting an unconditional truth and highlighting an open attack vector on http://www.thedailybell.com/news-analysis/cia-bases-congressional-russian-hacking-report-on-possibilities-not-truth/
Yeah, that sounds just about right, DB. And now all the world and its dogs know that Western intelligence services are lacking credible source for actioning and they are making up stories for media to present as news.
It aint no clever way to run a global business into empires.
And that is a systemic fault, the responsibility and accountability for which, lies right at the top of elite executive circles. New blood and new smarts are desperately needed if catastrophic collapse in the near future is to be avoided.
Buy in what is missing. It aint rocket science and it is only money which you be giving for lavish spending and aint that what that charade of a merry-go-round and central banking is all about.
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