Currencies of God and Man by Ray Istre (Part 4 of 6)
Digital Dilution
We have now entered the age of “digital money” with the use of credit cards, debit cards and bank transfers. An advantage of paper money over digital money, was that people could hold on to it privately. On the dollar bill, you will also find, “For all debts, public and private”. “Digital money” leaves a computer record of every transaction which eliminates the privacy of a transaction. Do we really want government to monitor every transaction we make as free people?
In response to governmental monitoring of business or private transactions, groups of people have created their own experimental internet digital currency without governmental regulation or participation in the Federal Reserve system, called bitcoin. Its use is going international and politicians such as Senator Chuck Schumer of New York do not like the fact that bitcoin transactions are not monitored by banking regulators. Currencies of any kind can be created by groups of people who agree on its value and accept it as payment for goods or services. Private bartering is always an option.
The Federal Reserve can “create” and inject “digital money” into the economy much easier than printed money. Manipulating the strength of the dollar by inflating or deflating the supply is much easier now. Trillions can be injected into the supply over a short period of time, which would weaken the dollar by dilution. The “Good Ole Boys Network” of the international bankers can become wealthy beyond belief because they know when the dollar will be strong or weak and invest accordingly.
If one were to play along with these bankers, it would only take knowing when to put your money in currency or commodities. When they dilute the dollar by printing, the dollar is weak and gold will rise in value. When the dollar is strong, gold will go down in price. Find the bottom of gold prices and buy it with the strong dollar. When they print more money in the next cycle, let the price of gold go up, sell it at a high and get back into dollars. At this time they will lower the amount of dollars in circulation to make the dollar strong again because that is what they are currently holding. Manipulation of the currency is a tax on everyone who does not know how to play the game which would be the vast majority of Americans and even more across the globe.
The rule of a dictatorship can not stand among free people but if these free people are bought off by international bankers, such as the Federal Reserve, enslavement will follow the loss of freedom. With the ability to print paper and loan it as money that gets interest, the governments as well as the people will forever be enslaved to debt. Dictators feed off of this kind of enslavement and are perpetuated by it. With power over the money supply, they simply print or even easier, create more digitized money with the click of a mouse. They buy off resistance and prop themselves up like an old whore purchasing a new bra for her “commodities”.
International Bankers want the populace to think they are free. As long as they have control of the money supply and people using it pay the money back with interest, they don’t care about politics. In fact, they pay their politicians very well for their treachery. Currency manipulation is what made Jesus so upset with the moneychangers in the temple that he physically beat them with a whip, turning over their neatly stacked tables of money. He told them that they had turned His Fathers house into a den of thieves. These international bankers are the very people Thomas Jefferson warned Americans about saying that they are more to be feared than a standing army.
With digital currency, the creation of money is much easier. When money was made of gold and silver, the metals had to be mined first, then refined, then pressed into the shape of the coin with an image of some kind along with the date. It had to be transported and entered the economy through banks, who held accounts for individuals and business. Paper money was much easier to print because trees were much more plentiful than the supply of gold and silver. Paper money did not take the labor or capitol to mine as gold and silver did. Diluting the currency with paper was very easy but still time consuming when compared to the current digital system. Diluting digital money is simply done by entering the amount of dollars to create on a computer, and click the mouse for it to go into circulation. From there it is simple accounting even though the numbers are astronomical.
This digital system takes the privacy out of transactions and allows dilution of the currency at unparallelled levels. Instant manipulation and unlimited supply of digits on a computer means much more volatility under the control of a private cartel of international bankers. The Mafia wishes it could have come up with something so lucrative, but they are too bloodthirsty to be this smart. Besides, why have small groups of thugs doing your dirty work when you can have national armies sent by bought off politicians? Mafia thugs want a part of New York. International bankers want the world.
With a completely digital system, the chance of computer failure or hacking is always possible and could actually be planned and executed. If the computers holding customer bank accounts goes down or is lost in a computer crash, what physical record will there be of how much money each bank customer has? It’s not like the money in private accounts is actual gold, silver or even printed paper dollars in a safe deposit box. Could it be that a crash will be planned by the political elite who want to perpetuate their control? They could crash the system and establish a new one immediately, giving everyone some money in the newly established currency. This could effectively re-distribute wealth instantly and get rid of any wealthy opposition to their power. The point is that digital money has no physical characteristics such as gold and silver or even paper money, which can be privately kept.
Governments who utilize dilution of currency are attempting to perpetuate themselves regardless of the success or failure of their policies. They continue as long as the populace can be bought off with so called, “peace” and “security” or the currency is destroyed. This is how dictators obtain and maintain power until their power madness is judged by God and brought down. Once in absolute control, they can confiscate wealth and subjugate anyone who does not bow down to them.