The Ultimate Regulatory Reform: Abolish Fractional Reserve Banking!


Unfortunately, as long as there are central banks, we will be the victims of the monetary central planners who have the monopoly power to control the amount of money and credit in the economy; manipulate interest rates by expanding or contracting bank reserves used for lending purposes; threaten the rollercoaster of business cycle booms and busts; and undermine the soundness of the monetary system through debasement of the currency and price inflation. – Epic Times

Antonius Aquinas

fractional reserve banking II

The Trump Administration has presented the first part of its plan to overhaul a number of Wall Street financial regulations, many of which were enacted in the wake of the 2008 financial crisis.  The report is in response to Executive Order 13772 in which the US Treasury Department is to provide findings “examining the United States’ financial regulatory system and detailing executive actions and regulatory changes that can be immediately undertaken to provide much-needed relief.”*

In release of the first phase of the report, Treasury Secretary Steven T. Mnuchin stated: “Properly structuring regulation of the U.S. financial system is critical to achieve the administration’s goal of sustained economic growth and to create opportunities for all Americans to benefit from a stronger economy.  We are focused on encouraging a market environment where consumers have more choices, access to capital and safe loan products – while ensuring taxpayer-funded bailouts are truly a…

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IMF Teaches Governments How to Wage War on Cash


Creepy IMF Paper Teaches Governments How to Wage War on Cash

by Peter Schiff

There’s been another shot fired in the “war on cash.” Recently, the International Monetary Fund (IMF) published a working paper offering governments suggestions on how to move toward a cashless society even in the face of strong public opposition.

Over the last several years, we’ve seen a steady push to eliminate, or at least limit, the use of cash around the world. In May of 2016, the European Central bank announced it will stop producing and issuing 500-euro notes by the end of 2018. Not long before the EU announcement, a former Obama economic adviser/ex-Treasury secretary floated the idea of eliminating the $100 bill in the US.

Banks have also gotten in on the act. Last year, Chase capped ATM withdrawals for non-Chase customers at $1,000 per day. Recently, ATMs in Mexico stopped issuing 500-peso notes, leaving the 200-peso note as the highest denomination available. CitiBank Australia stopped handling cash transactions altogether late last year.

Indians also felt the squeeze last fall. On Nov. 8, the Indian government declared that 1,000 and 500 rupee notes would no longer be valid. They gave the public just four hours notice. Why? To force so-called “black money” into the light.

About 90% of all transactions in India are in cash. It is an overwhelmingly cash economy and virtually every Indian has currency stashed away in their home. The government can’t tax transactions using black money. By making the 1,000 and 500 rupee notes valueless, government officials hope to force the black money into the economy so they can get their cut.

Officials always justify their war on cash with talk about “customer preference,” and fighting terrorism and drugs, but the drive toward a cashless society is really about control.

By controlling access to your own money, banks and governments increase their control over you. They can collect maximum taxes and fees, they can track purchases, and they can even manipulate your spending habits by imposing negative interest rates that effectively charge you for saving.

Needless to say, many everyday people like cash and the relative freedom it provides. In a worst-case scenario, they can at least shield their wealth by shoving cash under their mattresses. You can’t do that if there isn’t any cash.

Well, the IMF wants to help governments crack down on cash in a kinder and gentler way. In “The Macroeconomics of De-Cashing,” IMF analyst Alexei Kireyev explains how governments can overcome the objections of their citizens as they wage their war on cash.

“Although some countries most likely will de-cash in a few years, going completely cashless should be phased in steps. The de-cashing process could build on the initial and largely uncontested steps, such as the phasing out of large denomination bills, the placement of ceilings on cash transactions, and the reporting of cash moves across the borders. Further steps could include creating economic incentives to reduce the use of cash in transactions, simplifying the opening and use of transferrable deposits, and further computerizing the financial system.”

Kireyev suggests governments will encounter less resistance if private institutions lead de-cashing efforts. After all, governments don’t want to give the impression they are trying to control their populace.

“In any case, the tempting attempts to impose de-cashing by a decree should be avoided, given the popular personal attachment to cash. A targeted outreach program is needed to alleviate suspicions related to de-cashing; in particular, that by de-cashing the authorities are trying to control all aspects of peoples’ lives, including their use of money, or push personal savings into banks. The de-cashing process would acquire more traction if it were based on individual consumer choice and cost-benefits considerations.”

Note: the paper does include a disclaimer. “The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF.”

Nevertheless, the suggestions in the working paper are creepy, to say the least. They certainly confirm the powers-that-be are very interested in limiting your access to cash and exercising maximum control over you.

One way to protect yourself from becoming a victim in the war on cash is to just buy gold and silver. The intrinsic value of precious metals can never truly be condemned by any government.

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https://tabublog.com/2017/04/14/imf-plans-for-cashless-society-disclosed/

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How the Government Conditions Citizens to Obey


The Daily Bell

Can you count how many ways the government manipulates people to be the type of citizen they can easily control?

I think that would be impossible to come up with an actual number when every facet of government is dedicated to shaping the citizen in ways contrary to his or her nature.

It ranges from tax credits for having kids to increased welfare for being a single mom; from subsidies for growing corn to mandates to eradicate invasive species. The government is changing citizens’ behavior with incentives and disincentives, which destroys the natural spontaneous order society would otherwise fall into.

The government has basically turned society into a pinball machine which bounces citizens from here to there, taking away control of their destiny. And then, they use their own coercion as an example of why we need more coercion: because people cannot control their own outcomes in life!

Governments and corporations alike know that the best way to mold a person is to start in childhood.

That is why children younger than 6 are being prescribed anti-depressants by the government health care system in Great Britain. Almost 200,000 prescriptions for antidepressants are handed out to children under 18 in Great Britain, almost 13,000 of which go to kids from 7-12 and over 600 go to children under 6 years old!

Yet as disconcerting as these figures are, the UK isn’t the first country to have them. In 2009, five deaths have already been linked to antidepressants in Australian children aged 10 to 19; moreover, 89 recorded adverse reactions in children under nine were associated with antidepressants. Dr. Joe Tucci, Chief Executive of the Australian Childhood Foundation, said: “I cannot think of a good reason why any six-year-old, or younger, should be treated with antidepressants. I think it’s gone up because medication is being used to treat the symptoms and not the cause.”

The actual cause is where the story starts. Why are children so young depressed?

Coercion is arguably the leading cause of all mental health issues. In modern society, children start to feel this coercion as soon as they are born into a society shaped like a cattle pen.

Increasing suicide attempts by children are concentrated around the times when school is in session. The unnatural environment in which they are placed causes extreme stress for many children. The “well-adjusted” ones take to the authority like good sheep, and everyone else gets loaded up with drugs to make them a better citizen.

Later in life, a good citizen will take this lesson to heart. Don’t feel like you fit in? Not happy with your job, spouse, environment? Anxiety, depression, helplessness, anger over things that you cannot control because you feel forced into a life you don’t want?

Drugs. Do illegal drugs and enrich the CIA (and give the government an option to lock you up if they want), or do legal drugs and enrich the government connected pharmaceutical corporations.

It is, however, encouraging to see an increase in home-schooling in the USA, (which could actually be inadvertently fueled by forced vaccination for any children attending public school). About 40 years ago, 40 million children attended public school and under 100,000 were homeschooled. By 2005 48 million children attended public school, and a whopping 2 million were being homeschooled.

Parents who raise their kids to not blindly follow authority are doing a great service. It is tempting for parents to snap, “Because I said so!” to children, but it is better to explain why the rules are what they are whenever possible.

The kids rewarded in school are the ones best at following directions, and the teacher always hates the kid that asks why they have to do what they are told when it doesn’t make any sense. I once had to write a letter home because I didn’t wear my coat at recess. My parents responded by letting the teacher know that at the age of 12, my nerve endings had developed enough so that I could choose if a coat was necessary while running around in 50-degree temperatures for 15 minutes.

But police do the same thing to adults conditioned by the public school system.

If you get pulled over or are otherwise unfortunate enough to come into contact with the police, your life is literally in serious danger if you do not immediately and obediently follow all their orders, even when they have no legal standing to make those demands. Moving your hands out of site, asking why you are being arrested, or simply not hearing or understanding an officer are all offenses worthy of execution in the United States.

The teachers and police who expect blind obedience simply because they are an authority figure are programming the same thing into citizens: that the state must be obeyed, or there will be consequences.

And this same philosophy of shaping the citizen is seen everywhere to varying degrees and molded for different types of people. The newest trend is to police thought crimes by claiming that hate speech is not protected free speech. If you offend anyone, you have committed a crime, if you have a contrary opinion, it is fake news, if you desire any internet privacy, you are probably a terrorist.

Great Britain is especially intense on their push to socialize the citizens to behave exactly as the government wishes. The National Health Institute has been key to drugging up kids and programming the citizens to let the government choose when citizens live or die.Individuals must purchase licenses to watch television, and the government is super serious about ferreting out anyone without a license.

But without the little things, people would never have slipped to the point of letting the government decide who will get lifesaving medical procedures and who will be waitlisted to death.

One of these little things is that individuals must purchase licenses to watch television, and the British government is super serious about ferreting out anyone without a license.

 

Why do they make such a big deal about something so small? Because it trains the citizens to do exactly as they are told, and not bother with any pushback. It ingrains the idea that the state can and should regulate every facet of human behavior.

It is like the old marketing trick, where if you get someone used to saying yes, they will keep saying yes when you ask if they want to buy.

And of course, China has already gone full blown 1984 with their social credit system to regulate the behavior of citizens by taking away rights and extending privileges based on a citizenship score which takes into account what your neighbors think of you, what you say about the government online, and how involved in social life you are.

But the most extreme examples are only possible because for so long people have accepted the government’s authority to regulate the little things. Seatbelt laws, required permits, and even complying with the TSA for illegal searches are all ways that are more about control than keeping you safe.

That is why it is important to push back at every little rule and regulation, and question every authority. People may think you are making a big deal about nothing, but unless you push back on the little things, you will be unable to resist when it comes to the important issues.

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The Plight of Junk Science in All Fields


ArmstrongEconomics

Junk Science is the real crisis we face as so many people think that Global Warming is caused by man and Co2. Of course, those who really believe this is the problem that will destroy the world perhaps should just commit suicide and take the dog with them. Since we exhale Co2 that would reduce the problem in their mind and save the world by setting a good example.

Junk Science plagues us in every field of science be it economics to health. For 25 years we were told that eggs are bad. How many people ordered egg whites only. Then the Junk Science was revised, but after 25 years, nobody noticed. When scientists learned that high blood cholesterol was associated with heart disease, they immediate black-listed all foods with high cholesterol content. It took 25 years of study to figure out – oops, we were wrong! You just didn’t really hear the “oops we were wrong” but instead you heard of another great danger – saturated fat! It became evident that cholesterol in food by itself was not the culprit after all — the real great evil was saturated fat, This is what had a much bigger effect on blood cholesterol when it was discovered that full-fat dairy products and fatty meats are loaded with saturated fat and that triggers the body to produce cholesterol.

This is the problem with analysis. The can conclude that everyone who has eaten a carrot eventually dies. That is an absolutely correct statement. They study one component and draw a correlation and thus produce the definitive relationship. They did that with interest rates. Higher rates means the stock market will decline. Oops. The Fed just raised rates and the Dow made a new high. Interesting! See it is the carrot paradox.

Money Theory

In economics, we had the Quantity of Money Theory that has driven central banks into Quantitative Easing expecting inflation and after 10 years of desperately trying to stimulate inflation, they have been beaten to a pulp by deflation. As always, they make a false simple assumption at the outset which then leads to the false result. They also fail to comprehend that there is the contraction within the economy creating deflation from technology advances. The work force is stagnant and unless they stay current with technology, they will quickly find themselves UNEMPLOYABLE with no useful skills.

 

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Governments create ‘laws’ to make you a criminal.


minivanjack

How Much Criminalization Will You Tolerate From Your Government?

It doesn’t matter how hard you try to not be a criminal. Your government has turned you into you one anyway. They want it that way, and you have no choice.

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“Message From God” Warning Terrified The Bilderbergers?


whatdoesitmean

“Message From God” Warning Throws Western Elites Into Absolute Terror

By: Sorcha Faal, and as reported to her Western Subscribers

A paradigm shifting report presented today to the Security Council (SC) by the Federal Medical-Biological Agency (FM-BA) states that a “Message from God” was recently relayed to the most powerful group of Western elites ever assembled (termed the Bilderberg Meetings)—the importance of which was so “terrifying ” to those who heard it, they instantly pledged their nations “total resources” in order to stop what they know will be the “end of their rule” over Earth. [Note: Some words and/or phrases appearing in quotes in this report are English language approximations of Russian words/phrases having no exact counterpart.]

According to this report, the Bilderberg Group that has hosted these meetings for around 130 of the most powerful elites in the Western world for 63 years, was founded, in 1954, by Prince Bernhard of Lippe-Biesterfeld, who, prior to World War II, was a member of the Nazi Party of Germany and Reiter-SS officer whose “main/central” duty was securing Western nation funding for Waffenamt (German Army Weapons Agency) scientific projects—most particularly the Heidelberg Cyclotron.

Upon the outbreak of World War II, and the Nazi German invasion of his home nation (Netherlands), this report continues, Prince Bernhard fled to Britain where he eventually secured a position in British intelligence due to the “influence” of his cousin King George VI—who overruled both Prime Minister Winston Churchill and Allied War Commander General Dwight Eisenhower, both of whom gravely mistrusted” Prince Bernhard due to his Nazi past.

In the aftermath of World War II, this report details, Prince Bernhard financed a private investigative force of over 200 former British and German intelligence operatives to scour Germany for all documents and scientific literature related to the Heidelberg Cyclotron—and upon the completion of this “task/mission” in 1954, he founded the Bilderberg Group, on 29 May, and whose Western elite attendees, seven months later on 9 December, agreed to form and finance the European Organization for Nuclear Research (CERN), and adopt as its logo the “666” brand known as the “Number of the Beast”.

With CERN having built under Prince Bernhard and his Bilderberg Group leadership the world’s largest and most powerful cyclotron particle collider (Large Hadron Collider-LHC)—that is the most complex experimental facility ever built, and the largest single machine ever built in human history—this report explains, its “true/real” purpose was shockingly revealed in 2009 by CERN’s Director for Research and Scientific Computing, Sergio Bertolucci, who proclaimed: “Out of this door might come something, or we might send something through it”.

As to “whom or whatCERN is attempting to contact, this report notes, was made more “clear to understanding” last year (2016) when dozens of its most highly prized scientists were captured on video by Foreign Intelligence Service (SVR) “assestsperforming a human sacrifice before a giant statue of the “destroyer of worlds” god Shiva.

Leading this CERN human sacrifice ritual, this report details, was its Director General Fabiola Gianotti—who is the first woman to hold the position of director-general at CERN, on 4 July 2012 announced the discovery of the Higgs Boson particle, and, most critical to note, became the first leader in CERN’s history to attend a Bilderberg Meeting, as she did so on 1 June (2017).

Barely a fortnight ago, on 1 June, this report continues, CERN Director General Fabiola Gianotti addressed the entire assemblage of the Bilderberg Group where she delivered the “Message of God” that had been “received/deciphered” by the Large Hadron Collider-LHC—and that so “horrified and terrified” those hearing it, they immediately pledged their Western nations to funding a cyclotron particle collider three times as big, and seven times more powerful, than the Large Hadron Collider-LHC—and whose cost can only be measured in the trillions-of-dollars.

Critical to the Federal Medical-Biological Agency being able to “fully ascertainCERN’s attempting to establish contact with other dimensional entities, this report astonishingly reveals, is Scientist-Doctor Anatoli Bugorski—who on 13 July 1978, became the only human being in history to have ever stuck his head inside a cyclotron particle accelerator while it was in operation, and has left him with the ability to mentally transverse dimensions.

After having a particle beam shoot directly through his head, this report continues, Doctor-Scientist Bugorski became paralyzed on the left side of his face—and which over these past 39 years has refused to normally age, and since 2009, has seen his ability to “connect/converse” with unknown dimensional entitles expand as the left side of his brain is now apparently re-wiring itself.

Stunningly supporting by scientific evidence what is now occurring with Doctor-Scientist Anatoli Bugorski, are the words of the theoretical physicist who originated quantum theory, Max Planck, who stated that human thought was the basis for all matter, and in 1931 stated: “I regard matter as derivative from consciousness. We cannot get behind consciousness. Everything that we talk about, everything that we regard as existing, postulates consciousness.”

Concurring with Max Plank whose quantum theories are accurately describing what is now occurring to Doctor-Scientist Anatoli Bugorski, this report says, are a “staggering number” of the world’s most accomplished scientists (including 20 Nobel Prize winners” who, in 2014, openly published their stunning document titled “A Call For An Open, Informed Study Of All Aspects Of Consciousness” wherein they warned the that the truth of God and humans was being suppressed in the West.

Of the “truths of God” being suppressed in the West, this report says, is that when a male sperm meets a woman’s egg, a “brilliant flash” of light instantly appears—and is the splitting of an as yet unknown particle, with one part being left in the baby, and the other becoming interdimensional.

Known as “quantum entanglement”, this report explains, this “split-apart” particle created when life begins has the ability to communicate with both halves of itself instantaneously though separated by trillions-of-millions, or even other dimensions—and that the father of modern physics, Albert Einstein, called “spooky action at a distance” and spent his life trying to disprove, but never could.

In fact, this report notes, Einstein was conclusively proved wrong that particles not only exceed the speed of light, but can communicate instantly though separated by any distance (or dimension) in 2015 by researchers at the National Institute of Standards and Technology—and whose astonishing findings were further confirmed this past week by Chinese scientists too.

As to what this all means in its most simple rendering, this report explains, is that the entire basis for all matter and human existence has been proven to be 100% false and built upon nothing more than falsehoods and deliberate deceptions—with the “real/true” truth being that at the instant life is created in the womb, an inseparable and instantaneous communication link between human beings and God is created.

 

So powerful, in fact, is this “human-God” link (aka “prayer”), this report says, new research is proving that it can even change our very DNA affecting not only our mental states, but also can protect our body against disease, including cancer.

To the most powerful affect of this “human-God” link, though, this report continues, is new research, also, proving the validity of the decade’s long research conducted by Doctor-Scientist Pjotr Garjajev proving that words, and words alone, whether read or spoken, not only can change DNA, but underlies all matter too—which may be astonishing to many, except those of Christian faith whose Bible stated thousands of year ago what is now being “discovered” by its simply stating: “In the beginning was the Word, and the Word was with God, and the Word was God”.

And to the “Message of God” delivered to the Bilderberg Group barely a fortnight ago by CERN Director General Fabiola Gianotti that caused such terror among these Western elite master rulers, this report concludes, was an image produced by the Large Hadron Collider-LHC that formed a single word in the ancient Hebrew language תקלthat’s pronounced as “TEKEL” and, basically, means, “you have been weighed on the scales and found deficient”.


June 17, 2017 © EU and US all rights reserved. Permission to use this report in its entirety is granted under the condition it is linked back to its original source at WhatDoesItMean.Com. Freebase content licensed under CC-BY and GFDL.

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