Currency slaves - part 1

in #money7 years ago

Introduction / disclaimer
I would like to start out by saying that what you are about to read may put you in a state of disbelief and have you second guessing everything you think about money and our financial system. Further more I’m not perfect although I have done my best to explain this ponzi scheme as simple as possible. But if you disagree, don’t believe or can’t understand something you read do your own do diligence. Fact check, research and come to your own conclusion. After all opinions are like armpits everybody has them.

the truth is....
In case you didn't know it, and whether you like to admit it or not. we are all born into slavery. And wait just a second before you pass judgment. The slavery I am speaking of may not be the same type of slavery you have in mind. You see once we become adults we are all slave to one thing. MONEY...
now people have different ideas of what money is. Some people believe that money is the green paper dollars in which we Chase after every day of our adult life. But what if I told you that the green paper that which we chase after all our lives isn't money at all. But a deceptive tool known as CURRENCY that is controlled buy a private entity known as the Federal Reserve. Yes I said private and in case you didn't know this group is not controlled by the federal government but because it says Federal people are misled into believing that it is. Just like many people also believe there currency is backed by gold or silver. But the truth is the green paper that controls just about every aspect of our lives is really something known as FIAT currency. And is backed by absolutely nothing. Once again this may be hard to understand but it is currency not MONEY. Okay hold up once again before you start passing judgment let's just try to understand the difference between what is real MONEY and what is CURRENCY. MONEY is a medium of exchange, a unit of accounting, and a store of value over a extended period of time. Key difference between CURRENCY and MONEY is that MONEY is a store of value. CURRENCY is not a store of value. You're probably saying what? How do you figure?. Well look at it this way that it's not the price of things that goes up. Its just the value of your CURRENCY goes down. And the more they print the more you lose.
So why do I compare currency to slavery. Well here is one among many definitions of slavery.
slavery.... "submission to a dominating influence". wouldn't you know the world we live in is dominated by the dollar, and it's influence. The central bank known as the Federal Reserve or "fed" rules over every individual that uses the currency they create. Here is the description of what the "fed" is exactly. A central bank, or monetary authority, a monopolized and often nationalized institution given privileged control over the production and distribution of currency and credit.
So you might say. what's the point we all need this paper currency to live. but That is only because we are brainwashed into believing that. and having faith that the paper is worth what it says on it.
Sometimes Truth is one of the most difficult things for human beings to accept in there Lives. many people live in the clouds. pretending everything is fine. but do they really believe this?... Or just settle, and really know this is no way live. After all we trade most of our time and freedom for what we think is money. And it's easy to see we do this after all we trade our time and freedom for this currency we believe to be money. And then Exchange it for goods and services but at what point does this form of Exchange become no longer practical. As you probably already know. the goods and services that we Chase after already exceed most peoples compensation for there time and freedom. So then what happens. most people then supplement their income by borrowing more money. This is nothing new this concept goes back to biblical times. proverbs 22:7 says... The rich rules over the poor, and the borrower is the slave of the lender.

So before we go any further into this lets take a step back and allow me to further explain to you why currency is not money. The currency we use as a medium of Exchange everyday is solely debt based and is printed out of thin Air. Its difficult for most people wrap their hands around the fact that it's no different than Monopoly money. Except for the fact that it is designated as legal tender. and of course it would be illegal to try to print are own money and then spend it. although it is legal for the federal reserve, and they do just that. print dollars into existence and put a price on them. These pieces of paper that they print are then loaned out with interest to the big banks. And let me mention the fact that these banks don't want to pay there customers crap for interest on there deposits. and why would they do that? they can Barrow money for next to nothing, and then loan it to its customers for big interest. but there are was to beat them at their own game. And we'll get into that a little later. So as well as making money on loans to there customers. Because of something called the fractional Reserve System these banks are allowed to loan out 90% more than they actually hold in deposits. Here is an example let's say you deposit $1,000 in the bank. The bank legally only has to hold $100 or 10% of your money and then is able to then loan out the remaining $900. doesn't that sound like one big Ponzi scheme?. We haven't even scratched the surface.

So have you ever asked yourself what would happen if there was ever a bank run and everyone wanted there money in cash would your money be there? Chances are if it was you wouldn’t be allowed to withdrawal it because the bank has held your money hostage to control panic they have limited daily cash withdrawals to something ridiculous like $67 a day. You just go along and except it and say I will just try my debit card only to find out stores are only excepting cash. This kind of thing does happen and it already has in Greece and other countries.

To be continued…

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