07 August, 2016

What are interest rates 501

Interest rates are an interesting topic. We all know what they are. They are important. For me to suggest something different is dangerous for me. Not from the 'elites' but from every day normal folk. Normal people don't like feeling stupid, gullible and wrong about things they already 'know' about. Which makes keeping them enslaved to a barbaric financial system effortless.

Interest rates mean different things depending upon the underlying financial system. Our financial system uses interest rates to take wealth from the productive. The more productive we are the higher interest rates can be. Our governments also take wealth from the productive. Not just with taxes but by borrowing and only ever repaying the interest.

So how does this theft take place? Forget taxes, this post is about interest.

Whether it is us or the government, at the instant we are granted a loan the electronic currency is created at that very moment.

The above sentence is absolutely crucial, everybody 'should' understand it. You aren't borrowing 'money'. You are creating it.

Currently the bank of England will allow its chosen few customers to borrow into existence vast quantities of currency at 0.25% interest. What a massive advantage their chosen few customers have over the rest of us! This isn't real money, it is rules based currency creation. Who makes these rules up? Not government. The bank of England makes up the rules. The rules of currency creation!

My local hospital is going to be shut down due to funding issues. I live in Huddersfield. Many are objecting. Government and banking and every business either meets the public's needs or should eliminated. With rules based currency creation, the public is either served or the the public are enslaved. Guess which version we have?

We have financial enslavement which crushes humanity.

Are we powerless? No. Should you agree with me in sufficient numbers and you are prepared to expend some effort critically thinking, then things change in a single heart beat.

What changes? Everything. How? The US president is the most powerful man in the western world. What happens if when she/he speaks no one listens? Are they still powerful? No. Effectively, they no longer exist.

It is said that the pen is mightier than the sword. I would add that an idea is far more powerful and is the only thing capable of faster than light travel.

The world could easily be so much more.

2 comments:

Anonymous said...

Well,I am a critical thinker,you are too.There are a lot of people like us,so what do we do while waiting for that "critical mass" of critical thinkers to appear?
To me it seems like the events in this world are accelerating;wars,rumours of wars,mass migrations and forcefully mixing of cultures.

Could this acceleration have something to do with the fact that the "usual elite suspects" are coming of age? Rocks and Roths and their errand boy,Soros.

If it is so that these guys have been planning and scheming for decades,maybe they have lost their patience and want to see some results NOW before they have an appointment with the Grim Reaper?

David Watkinson said...

Interesting idea. These guys like accumulating wealth. As the economy grinds ever slower these parasites are now struggling to extract their usual amount of wealth.

You are most likely correct, they may want to oversee the reset to ensure they are still wealthy and can start extracting wealth once more.

The longer this lasts the more people will start critically thinking about finance and the economy. We hit a critical mass and the parasites will find their host rejecting them.

I fully expect the acceleration you mention to continue.

Interest rates to track ever lower until they don't. I expect the sequence to be....
0.5 0.25 0.15 0.05 -0.05 -0.15 -0.25 -0.5 -1 -2 then boom
8 12.5 15 20
Gold may go boom too. Perhaps £10,000 an ounce with silver a bigger winner at £500 an ounce. (Gold is the safer of the two)

All critical thinkers need to direct some attention at the financial system and seek ways of benefiting from it and/or minimising potential losses. Or at the very least realising their exposure to a sudden up tick in interest rates. (Which would happen after/during a rush of big name defaults.)

Thanks for your comment