Central Bank Chicanery and We the Revenue Units

“Unfortunately no one can be told what the Matrix is. You have to see it for yourself.” ~Morpheus, The Matrix

The Oxford English Dictionary defines, chicanery, as, “legal trickery, pettifogging, abuse of legal forms; the use of subterfuge and trickery in debate or action; quibbling, sophistry, trickery.” You need not read past, “legal trickery,” to understand the overlooked impact central banks have on we, the revenue units. But perhaps more worrisome is where central banks appear headed.

A quick review of central banking’s role as regards currency informs us that a global monetary system dominates and controls all other systems of the world. Like the 800-pound gorilla in the living room, this fact becomes impossible to ignore once you see it.

Just as it is impossible to fully understand planet earth without realizing the role of the solar system that contains it, so also is it impossible to fully understand money separate from the monetary system.

The global monetary system is a network of 17 central banks worldwide of which the Federal Reserve Bank is the one in the U.S. Central banks are the only banks capable of issuing currency, (a private product we pay to use), issued via “fractional reserve banking,” loaned into existence, and repaid with interest. This formula, called the “expansion multiplier,” in the Federal Reserve’s pamphlet, Modern Money Mechanics, multiplies profits for the architects of the system and their cronies.

Currency trickles down from the governmental level to commercial and local banks when a country’s government borrows money from its central bank. When a business repays a commercial loan plus interest (a.k.a. the debt-service) they pass on their bank-loan charges to their customers as increases to the price of goods and services. Over time, what began as “simple” interest becomes “compound” interest which in-turn increases prices at an ever-faster pace.

As a result, we, the revenue units, must increasingly work harder and pay more for the same basic goods and services for which people in the 50’s and 60’s paid far less. This exponential rise in the cost-of-living has become glaringly obvious in the real estate and insurance industries.

Once in power, more power is needed to remain in existence.

The 2008 economic meltdown tested the Fed. It employed the desperate measure of dumping trillions of newly-printed money into an ailing monetary system via a series of Quantitative Easings (QE) to “stimulate” the economy, as well as, its position of power. Their monetary strategy led most Americans merrily down the yellow brick road of the appearance of recovery and wealth.

Yet, like the Wizard of Oz, appearances are often deceiving. In reality, the glut of newly-issued currency contributed to deeper devaluation of the dollar (now worth less than 3 cents). Going forward, the Fed would have to keep up with what the QE’s had begun. To continue ensuring liquidity in the marketplace, larger and larger amounts of currency would have to be injected into the system.

This is where it gets interesting. By all accounts, to sustain ongoing liquidity, the Fed tactics have advanced to aggressively buying-up public assets, company stocks and “toxic” real estate, which has contributed to the double-digit rise in the stock market. Increasingly drastic measures provide a type of expansion putting the economy at risk of being swallowed whole by the financial sector. Think: further concentration of power.

Here’s why:

“So the central banks have a problem here, they are now “forced” to purchase assets to prevent market downturns but one should ask the question ‘who will they eventually sell to?’ The answer of course is ‘no one’ because there is no one large enough to take these assets off their books.”  ~Bill Holter, Central Banks Will Destroy Their Own Currency By Doing What They Do …Creating Currency And Credit. From Here, The Faster They Run, The Faster The Boogeyman Catches Them!, April 22, 2017

The Fed has the legal authority to endlessly purchase assets of which they can then drive up the prices that virtually no one can out bid. Higher costs-of-living due to more inflation do not translate into a recovered economy, contrary to popular opinion, and especially for the majority of Americans without assets.

As long as someone is receiving a paycheck, they seem to care little about the system producing it, an entrenched system that owns and controls the ability to create an endless supply of money, (new credit). Additionally, if central banks decide to transition to blockchain technology, as discussed in my February and April recent blogs, it would not be a decentralized application, as is Bitcoin. Instead, blockchain technology would simply enhance central banking’s already centralized system.

With every successive economic downturn, the Fed doubles-down to minimize the economic impact on society. Minimizing the economic impact equals the Fed taking on more and more control of the situation to sustain their power, and in an attempt to counterbalance the ongoing, exponential loss of value in all fiat currency. The role of central banking is like a snowball growing larger as it rolls down the hill; I wonder if anyone sees what I see?

“Only the small secrets need to be protected. The big ones are kept secret by public incredulity.” ~Marshall McLuhan, author

One Response to “Central Bank Chicanery and We the Revenue Units”

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  1. Paul Cappadona says:

    the Banksters are buying up the world not knowing that to gain the world they will lose their souls. They hide behind and blame the governments they own and control. What is needed is a Grand Jubile and send these wicked people down the river.

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