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Tin Foil Hat Economics 101...

...(ish)

By Ross E Fortune LombardiPublished 3 years ago 4 min read
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Tin Foil Hat Economics 101 (ish) !!

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Counterfeiting Is Illegal.

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How To Counterfeit Currency,

With No Ten Year prison sentence!

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1)

Be a Bank

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2)

Lobby to lessen financial regulation

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3)

Rename “Digital Counterfeiting,” as "Fractional Reserve Lending."

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4)

Do all counterfeiting “Digitally”,

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5)

Rely on public finding Finance "Too boring,” to learn!

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OH NO!

A COMPLEX DULL SUBJECT,

I CAN NOT POSSIBLY READ ALL THAT!

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But it is the apparent dullness of high finance that lets the powers that be get away with the Shit they do.

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It's Allows people in suits with no real accountability that we get a financial crash every few decades (and all the human misery that causes).

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Keep Reading

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I will try and make the subject more simple and be entertaining for you,

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Give Me a chance!

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SO?

What ‘Makes’ the Value of a Currency?

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Money is NOT based on the amount of Gold in a Governments Vault.

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(Although it once was, a long time ago.)

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In a VERY BASIC SENSE

(though there are far more complex factors than this).

The laws of Supply and Demand mean that Lots of something is worth less than a Rare amount of something.

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If you want your currency to be worth more you simply supply less of it,

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If you want to spend more money simply make more (Not necessarily physically, just make more available digitally) but that makes the value of your currency go down. (Vs the value of other currencies)

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This is called “Monetarism”.

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Only one government still practises basing the value of money on the “Gold Standard”,

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The USA abandoned the Gold Standard under Nixon.

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Counterfeiting is Illegal.

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The Main Reason for This, Is that it Devalues The National Currency!

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You only have to make a cursory study of the treaty 'Wealth of Nations' <Adam Smith first version 1776> to know how this happened and where it was gonna go!

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A LOAN!

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When you go to a bank and arrange any form of a loan,

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NO ONE goes to some deep dark vault and moves a large pile of money from one shelf to another!

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The bank does not even digitally transfer funds from one place to another, before providing you with the Cash.

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They simply type in the amount of currency you want into your account, then immediately start charging you interest!

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They “Create Money” that NEVER BEFORE EXISTED!

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These Practices Called are “Fractional Reserve Lending”.

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This is one of the reasons for a “Boom” and “Bust economy!

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(Immigrants were never the reason just the "Fall The Guy",)

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(But international Bust are NOT seen as a bad thing by the international financial institutions, But More on that later!)

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I REPEAT: Counterfeiting is illegal. The Main Reason for This, is that it Devalues Money!

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Fractional Reserve Lending 'Is' the very definition of Digital Currency Counterfeiting. And should be treated as the Crime it in Fact Is!

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Money Is an Illusion,

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I don't mean this is some Philosophical Zen Buddhist sense,

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I mean IT REALLY IS an illusion.

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It is Voodoo,

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It is the placebo effect of quack Faith Healing,

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It simply only works, exist and has power because of people’s faith in it.

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It is backed by nothing (There is no bit of Gold per note). You simply change its inherent value by supplying less or more of it from the printing press. (Monetarism).

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Fractional Reserve Lending is a form of Monetarism, practised on a digital level BUT by Unelected Private Financial Institutions rather than Our Elected Officials!

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And it is practised irresponsibly by forces that do not have the greater good or either their Country or the World as a motive!

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Note:

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Financial Crashes of our Boom and Bust system MAKE CERTAIN INTEREST ALLOT OF WEALTH and so is obviously NOT SEEN AS A BAD THING by those interest.

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They see it as a regular SALE, to get discounted assets the same way that We might view Black Friday Sales as a way of getting the cheap TVs!

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'They' are looking forward to the next Financial Collapse with eager greedy eyes!

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They feel they are entitled to a decent crash once in a while!

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This is Very Basically what A 'Hedge Fund Manager' IS!

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And before any of you reply with statements about regulatory bodies and existing safeguards and countermeasures,

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You are basically talking about the Inmates Running the Prison, the Children Running the classroom, the Patents running the Asylum.

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They all do lunch together.

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I am not saying the system had become corrupt but THAT IT HAS ALWAYS BEEN CORRUPT!

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PS...!

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It is not a random accident that an increase in funding for groups campaigning for BREXIT began in earnest mere weeks after the EU wanted to place much tighter restrictions on Banking Legislation.

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Including and on the very top of the EU financial reform list, much tighter controls on so-called 'Fractional Reserve Lending.'

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Having a location just offshore of EU with much more "Flexible" financial regulation would be extremely useful to the right organisations.

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Sources

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https://www.thebalance.com/what-is-the-history-of-the-gold-…

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http://mentalfloss.com/…/1…/why-did-us-abandon-gold-standard

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http://www.businessinsider.com/are-there-any-currencies-bac…

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https://en.wikipedia.org/wiki/Gold_standard

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http://www.investopedia.com/ask/answers/09/gold-standard.asp

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Bellow source is questionable because it prays on Gullable Peoples Fears to sell bullion. potential customs

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http://buygoldandsilversafely.com/…/what-really-backs-the-…/.

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economy
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About the Creator

Ross E Fortune Lombardi

Writer. Gamer, Goth

A (Constantly Failing To Be Funny) satirist!

[email protected]

Mutare non est meum

Cantus moriar

BLOG:

http://lombot.co.uk

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