Crushing Weight Of Debt
Crushing Weight Of Debt
The Final Wake Up Call By Peter B Meyer
There Is No National Debt Without The Same Amount In National Credit
Fiat Currencies lead to corruption and crushing debt, both are at the root of world’s troubles. Virtually everywhere, governments and their citizens are borrowing more than ever before, and in many cases are far beyond any probability of orderly repayment. The point of no return has been passed – where interest payments drown the ability to generate free cash to cover those payments, even at almost zero interest rates.
Consequently, the debt burden is growing greater and greater. It must be clear by now; Banksters thrive spectacularly when fiat currencies are in place. If you think gold and silver are suspicious or worthless; the Banksters have done a real great job on you.
By design, every government runs on debt money, accumulating more debt every day, which is termed “National Debt”. This debt is composed of Promissory Notes, I.O.U.’s, or legal tender, commonly known as fiat money. All these movements are fraudulently administrated in the criminal government bookkeeping systems.
For example; When someone pays you with a debt note or certificate, which is synonymous with today’s fiat money, and you accept this debt as payment, then a credit is created for this person and a debt is accrued for you. You never get paid for anything until you “pass this liability on” to someone else, by using this fiat debt instrument as a means to receive something of real intrinsic value in return.
Think about it in another way; every time debt is created; credit of an equal amount is generated as well. Because mathematically, debt and credit should always cancel each other out. There cannot be for example 20 Trillion dollars of “National Debt” created, without the existence of an equal 20 Trillion of “National Credit”.
Governments on the whole, have accrued hundreds of Trillion in National Credit, and in fact it could be a great deal more than that, which has been accrued on the people’s side of the nation’s ledger. – So, it is time to start with accurate bookkeeping, zeroing out the “National Debt” against the “National Credit”. It should be a routine process akin to balancing a check book, but instead, it has been morphed into an excuse for fraud and theft on an unimaginable scale.
Once governments began living on “printing press” money, they became dependent on it. Then, they needed to print more and more just to keep from slipping backwards. There’s no example in history where printing-press money has actually made an economy better off – none. Nor has it ever made people a penny richer. Instead, it always leads to poverty, chaos, inflation, social upheaval, and corruption.
The MSM reports, money-printing is as a “stimulus” measure. However, there is no record in the long, sorry history of state-managed economies of a single one that was actually improved by printing-press money. “Distortion” would be a better word. “Perversion” is even better, because it suggests unnatural and disgusting tendencies.
They can stimulate savers by increasing interest rates. Or they can stimulate borrowers what they have done this entire century, by lowering interest rates. But stimulate the savers and you un-stimulate the borrowers. Stimulate the borrowers and you un-stimulate the savers. What they cannot do, or at least no one has ever figured out how to do it, is stimulate both ends at the same time. To make a long story short; the Central Banks’ printing-press money can distort, but not improve an economy. And stimulation is a fraud.
Politicians have no idea how the government is supposed to work, or how to act within the framework in which they should have operated. They have no clear knowledge of how the government’s bookkeeping and accounting system is supposed to work, they haven’t the faintest idea where the so-called money comes from, how it is created, or anything else about it. Give it your thought; Parliament or Congress, has the singular task of holding the purse-strings, which they have unmistakably failed to do.
When Gold Is Made Obsolete
Economists could have foreseen what would happen after the U.S. took gold out of its world wide reserve monetary system in 1971. The system went from old money backed by gold to new money backed only by the promises and integrity of the Central Bank and the US Government, this change was made to solve a problem.
“There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction and does it in a manner which not one man in a million is able to diagnose.” John Maynard Keynes.
Governments had gotten themselves into a trap. They had spent too much money. Many of the dollars they spent showed up in Vietnamese banks, relics of the glory days of France’s Indochina colonial empire. From there, the greenbacks made their way to Paris, where they were traded for francs at the Bank of France. From the Bank of France, they travelled to Washington, where they were destined for the “gold window” at the Treasury.
For every 35 dollars the French turned in, they would receive one ounce of gold. This was the way it always had been. It was the way that had worked well for 179 years.
But it meant that a lot of U.S. gold would be surrendered to the French and other foreigners. Rather than allow that to happen, the Nixon administration, aided and abetted by Nobel Prize-winning economist Milton Friedman, closed the gold window.
From this time forth, the French could not exchange after a while. All they could get from the Treasury was more pieces of paper, more worthless dollars. So why bother? They would simply hold dollars as their reserve currency, making gold obsolete.
The effect of swapping out old dollars for new ones was felt fairly quickly. Consumer prices rose at a 5% rate at the beginning of the decade. By the end of it, prices had doubled and were still going up at a nearly 14% annual rate.
That, was just the beginning. This great misfortune with inflation didn’t get underway until 1971. Ten years later, most businessmen, economists, and politicians favoured a continuation of the inflation program. And it took a remarkably determined, strong-willed, and clear-headed Central Bank chief named Paul Adolph Volcker, to defy them.
Had he not succeeded, if he not had had the backing of President Ronald Reagan, the experiment would probably be over by now. Inflation rates probably would have continued to rise. The economy probably would have continued to soften. Stagflation – meaning rising prices in a slumping economy – would have gotten worse. Most likely, the ongoing economic crisis would have set off a political crisis, and in the ensuing blow-up, the paper dollar system would have been abandoned.
On the other hand, investors didn’t want to know, as they were often in on the scam too. All was happiness because the Central Banks held down interest rates below the inflation rate that obliged investors to go in long-term mortgage financing and US-Treasury bonds to make a profit.
But success often brings a greater punishment than failure. As was shown from earlier experience in 1923. Germany’s experiment with inflation was over, after only nine years. But, thanks largely to Volcker’s success at saving the fake-money system, the one in the USA and consequently the rest of the world, continues till today.
Biggest Financial Bubble in History
Over the last three decades, a bogus “stimulus” program impaired the economy’s immune system and created the biggest bubble in asset prices in history. Then, the artificial virus came along and attacked it, like a birthday balloon suddenly struck by a needle. Former Federal Reserve Chair Bernanke says: “this is much closer to a natural disaster than the Great Depression”.
After decades of meddling by the Central Banks and after trillions of fake money, record debt and distorted interest rates, the economy surely was ready for a trip to the garbage heap. While perhaps no one in government foresaw the approach of the COVID-19 molecule, they would have been blind not to see the financial disaster coming. Bubbles, zombies, negative interest rates, trillion in deficits. Public officials doing strange and nonsensical things – all the signs of impending doom were on display.
Short-term solutions turn into bigger, long-term problems. Emergency measures during a crisis – like the ultra-low interest rates of 2009 – soon become permanent. The problem in 2008 was mortgage debt. The central banks responded with more debt – particularly corporate and government debt. This made the economy more fragile than ever, leading to today’s crisis.
Quantity Of New Injected Money Is Staggering
And, now there is a new enemy. It is a molecule with a Facebook page So, the confronted damage is done by the virus, not by the heavy-handed financial reaction. Just another untruth, to motivate the population wearing face masks and have them social distancing as their distraction tactic. Or is it something more serious, something deeper for example a desperate, last-ditch war to protect a fraudulent financial system, the ersatz “wealth” of the elite, and their decrepit empire? It looks alike all of those things.
Although, this time, they follow the same modus operandi, only in triplicate or quadruplicate. The amount of new money and debt going into the system is staggering. More fake money can create more fake wealth. But it can’t create real wealth. As was seen over the last 10 years. The fake money drove up stock prices 300% and real estate by 200%. But real economic growth was the lowest for any recovery on record.
Further up the steps of the imperial debt pyramid are whole legions of analysts, economists and full-time obfuscators whose role is to make us believe the impossible. – Although it is obvious to anyone able to think that an economy that spends more than it earns is in decline.
Currently, the losses in the Main Street economy are real. The government can’t make them up. All they can do is create more fake wealth. That’s seen in the Dow-to-Gold ratio. It will tell the tale, not precisely, and not immediately, but eventually. Stock prices may rise, but real values won’t. The financial system is in an Inflate-or-Die trap.
They’re fighting it with the only thing they have: more and more fake money resulting in more and more inflation. The Coronavirus has changed everything. The longer it lasts, the less the future will look anything like the past.
All that is going on before your eyes about what the world is going through has been planned and designed already a very long time ago. In the year 1924 in the Joplin Globe paper was an article published that laid bare their sinister plans for humanity, taking over the world by putting an end to 90% of the population. People at the time were very worried. They already had noticed the creation of unrest, followed by distrust, and finally class hatred, the last purposely accelerated with arrivals of fresh refugees.
According to the agenda, the Deep State first used war, terrorism and the threat of war and terrorism that enriched them and oppressed the population. Physical War and terrorist attacks have been used repeatedly to impose more and more draconian restrictions, to take away our freedoms step by step.
Recently, the threat of an imaginary pandemic has been introduced as their latest social control weapon, with repeated warnings of contagious outbreaks. With his eugenic promotions, Bill Gates has prepared the world psyche for a new enemy: the deadly, invisible viruses that can break out at any time. And the only way to protect humans is through vaccination and abandonment of old-fashioned notions of privacy, freedom, and personal decision-making.
Get it right; COVID is actually a destruction plan for humanity. What the Deep State envisions is visibly reducing the population, a plan long ago pursued, as published in the Joplin Globe in 1924.
Now people are obliged to keep a distance from each other, also from family members. They have to wear masks even at home and during sex. They closed businesses to work from home. The entire world population must be vaccinated and is subject to strict travel restrictions to prevent possible spread.
The era; “Big Brother is Watching You” has now arrived, as described in George Orwell’s book 1984. Everyone is monitored and traced, at all times of the day and night. Infected people are the latest great danger. Thanks to the promotional lies of the MSM, in a matter of months a shocking percentage of the world’s population has been convinced of this impending deadly danger.
You can be certain that this path will continue in the future; By 2030, people will have lost everything and no longer own anything, and they will be happy with it. The DS uses terms like ‘the great reset’, ‘the fourth industrial revolution’ and ‘build better’ all referring to the same globalist long-term agenda to dismantle democracy and national borders in favour of global governance by unelected leaders under technological supervision to maintain public order. This is the blueprint for the New World Order which must be achieved by 2030.
Awake people have long seen this coming to the stage where the world has arrived today. We have entered in two converging worlds – the vibrational changes from beyond, that are the attacks from the Deep State Mafia-controllers that blocks our energies that jams the beneficial signals available to us, by instilling fear and insecurity, bombarding us with a toxic cocktail of electromagnetic, chemical, genetic, nuclear and techno-trans human influences.
The Deep State Learn Their Fate
The Hidden Criminal Government and the corrupt Deep State know, their days are counted, their end has come. They are no longer allowed to stay on this planet, and they know that they can no longer misuse humanity as a source of energy, known as debt slavery. The DS must leave this world.
What remains are the DS-puppets who have been brain washed and want to continue this criminal game by all possible means. Awake people know already that the useless unnecessary wars, hatred, disagreement, abuse of children, paedophilic behaviour at all levels illustrates their treasonous crimes against humanity.
Once 50% of the populace, the silent masses arise and shuffle their feathers like ducks, the Deep State understand their dark interests are gone. They now are pursuing their own interests in their defence. At this moment in time; nothing seems to change and everything threatens to get worse – instead of better, be assured this is their last stand.
The ultimate illusion of the power elite is that they believe they still can allow themselves anything and that the course of events will play into their hands. Which is not going to happen. Just trust the plan. Do not worry, have no fear!
What you now observe are the last offshoots of a rapid disintegrating system in which the few have enriched themselves, on the expense of the masses. It shows the public, what the degenerated people without empathy do to their fellow human beings, they stick right in your face, which should be a warning for everyone and in particular never being forgotten by our future generations. All will come to a happy end, while probably for a short period of time there could be chaos caused by the unawake people.
After that, there will be silence when the new beginning has arrived.
Within weeks or maybe days, the old system will dissolve and the wounds of time in human hearts will heal in the succeeding process. The union of heaven and earth, marks the day of true unity for the human race. On that day long-lasting peace is proclaimed.
Our younger generations will honour that day, in respect of human unity, and to maintain peace on the cleaned planet Earth. Many of the awake under us have prayed for this moment for a long time. But now we don’t have to wait much longer as it has arrived in front of us and will be the start of our self-governing societies.
If you found this information interesting, helpful, and insightful, please share it with everyone you know to help awake them. And don’t forget to put up your national flag showing the world you are awake, and hopefully it motivates the silent awake majority to follow suit. The more flags out show the cabal is losing their grip of power over us. There is much more enlightening information to follow! For which you could subscribe free of charge.
Unity Creates Power
Our liberation process cannot be stopped anymore. Uniting with others who are like minded people creates and shapes our best reality. Worldwide networks of awakening people are being created, such as in the Marbella / Malaga area, which attracts an increasing number of participants in just a few months of existence, the group has grown to more than 270 members. If you would like to apply or learn how to start your own regional or local group, please contact FWC via email.
Meetings and lectures in English are regularly organised. Our future lies in our own hands specifically in small communities that become the foundation of our self-managed society.
http://finalwakeupcall.info/en/2020/10/28/crushing-weight-of-debt/