Grace, a gold analogy doesn't apply, either.
if i dig up an ounce of gold, i have NOT increased the monetary supply. not $1. if i take out a $1100 loan, though, $1100 is added to the monetary supply.
our monetary system is debt backed.
if i dig up an ounce of gold, i have increased the size of my claim ON THE PRE-EXISTING MONEY SUPPLY. i have not increased money supply one iota.
if i dig up gold significant gold, all else being equal, my actions will lower the price of gold rather than increase the money supply.
the banksters don't need to rob every single person in an economy, they just need to rig it so that the economy as a whole must come to them to increase money supply.
let's make this simple...
i'm adam and eve - the only humans alive. god, that is goldman sachs, lends us $100k. $100k exists in the monetary system. let's say that the terms of the loan require us to pay back $200k (P&I). only $100k exists in the whole economy. goldman's law, just like america's law, DEMANDS that dollars be used to settle debts (not gold or corn!).
i can dig up 50 tons of gold (or corn, etc...), but we still don't have the extra $100k to pay back the debt on our land.
we *will* default on that loan unless more dollars are created to through the issuance of more debt. period. regardless of my 50 tons of gold or corn.
you are correct that digging up gold or growing corn increases wealth, but wealth and the monetary system are two different things.
the banksters gamed the monetary system in such a way as to ensure that ever increasing debt is required to create more money to pay back existing debt plus interest with the end result that the banksters get a cut out of every dollar in the economy!
the net result is that wealth is transferred from the economy to the banksters.
d*mn vultures.
this whole scam was designed to be complex and counter-intuitive and kept out of the education system b/c it is the means by which our nation is looted. most folks only look at their own situation instead of the system as a whole. |
