The Bilderberg has used debt and our ignorance of its consequences to entice America to consume itself in the pursuit of altruism it could never afford and to entice American citizens to spend money they can never hope to repay.
My prior article U.S. Citizen Invaders details the Bilderberg plan. This article will provide an understanding of money and debt and explain why the national debt must be paid now if we are to defeat their plan and save America. Because it is unlikely that we will win that battle, this article will go on to explain why you must be prepared to service your personal debt if you hope to remain in America.
The misinformation regarding the creation of money and even the definition of money is so rampant that no one should feel in any way ashamed for not understanding it. Many have made a genuine effort to educate themselves about the Federal Reserve, the money supply, the gold standard, fiat money, money creation, and banking with little success. Throughout my career as a financial analyst I came to learn that the deeper I understood the complexities of a particular topic the easier it became to distill and explain it simply to others. Forget the "Creature from Jekyll Island" and what you have been told about "fiat money." Neither concept is valid. There is no creature, there is no such thing as fiat money, and there is no need or reason to back money with gold.
Money is created by production and is backed by unconsumed production. When we work we produce goods or services and are given money that represents the value of our production. When we spend money, we consume our production. When we save money, we save our production to be spent later. When we borrow money, we borrow the unconsumed production of others which we promise to repay with our future production. Money is nothing more and nothing less than unconsumed production. Whether that production is represented by gold, paper, seashells, or computer entries does not matter. Money does not have and should not have intrinsic value in and of itself. Money is and should only be a representation of unconsumed production.
If money did not have to be backed by production then the government could merely print more of it and pay off the national debt. Instead it must tax us and take a portion of our production. When the government spends, it spends our production. When it borrows, it borrows our unconsumed production and the unconsumed production of foreigners which it promises to repay with our future production. Therein lies the seeds of our doom. Government debt is rising at an accelerating rate while the prospects for our future production are declining. The certain result is bankruptcy. Once that fact is understood by those who hold government debt, the chain of events that will lead to our demise will have begun. My novel, Involuntary Separation, and this series of Prison Planet articles have been my effort to prevent those events.
Our government gives our money to other countries in the form of foreign aid. If money did not have to be backed by unconsumed production those countries would not need our money. They could print their own money. Since money is unconsumed production and those countries in need of our aid have no unconsumed production, they require the unconsumed production of others which our government freely gives away.
The primary reason that the Bilderberg One World Order will be seemingly independent, ostensibly democratic nations with capitalist, consumer-driven economies is that individual freedom or at least the belief that we have individual freedom is a precondition for human productivity and therefore a precondition of money and wealth. Collectivist nations without individual freedom like the former Soviet Union and today's Cuba and North Korea can not generate enough production to sustain themselves. Soviet currency had little value because there was no unconsumed production to back it. Recall that the United States supplied grain to the Soviet Union to keep its people from starvation. This happened in spite of the fact that the Soviet Union had more natural resources than the United States. The Ukraine alone has the potential to very easily feed the entire world. Japan is the second largest economy on earth in spite of having essentially no natural resources. The source of its wealth is its production. Contrast North and South Korea and you will appreciate that individual freedom is the most important precondition for production and wealth. Freedom in the coming One World Order will be slavery, but those enslaved will believe they are free just as we do.
Understanding that money is unconsumed production and that the prospects for the United States to generate production in the future are declining it should be obvious that the United States must pay its debt now while it is still possible. Paying the debt will require massive cuts in government spending which will be the topics of the next two articles. If we allow the country to pursue the course outlined by the administration, the national debt will soon reach the level at which the repossession outlined in my prior article will occur.
Regarding personal and family debt, the same definitions of money and debt apply as do the consequences of spending future production that may not occur. The Bilderberg has addicted Americans to conspicuous consumption and enticed us to actually spend the equity in our homes to maintain consumption far above that which we could realistically expect to repay through production. The latest crime in the banking world is the creation of the "interest-only loan." By not requiring borrowers to make any payment against the principle, larger loans can be serviced. People are not even pretending that they can ever pay off the loan. They are borrowing and consuming with some vague hope that their situation will somehow improve in the future and money to pay off their debt will fall into their lap. Like the government, they are ignoring the fact that the prospects for future production are declining with every job moved overseas. Just like the government, they are consuming their future.
If you are not able to service your debt there will come a point in time when you are forced into bankruptcy and your home is repossessed. Because much of the country will have already been used to satisfy government debt and will have become UN-managed nature preserve, you will be given the opportunity to relocate to a foreign nation. As you know from my prior articles, those nations are already well on their way to being converted to a system in which US citizens can function. Those who avoid bankruptcy will either be permitted to remain in American or will be forced out through a mechanism I prefer not to contemplate. Those without the ability to pay off debt must build a reserve to be used to service debt and avoid bankruptcy in the coming crisis. That reserve will have to be held outside the banking system, but it must be held in the same form as your debt. Gold will not service dollar-denominated debt.
A very basic economic rule has been ignored. On average, man can not consume or spend more in his lifetime than he produces. Our government has spent all we can ever hope to produce and is in the process of spending the future production of our children, future production that is less and less likely to occur. Many families have already spent more than they can ever hope to produce. When they find themselves living among strangers in a foreign land and their grandchildren ask them what happened to America, they will have no better explanation than to say we spent it. |
