Money doesn't exist
http://www.zerohedge.com/news/2016-08-05/money-doesnt-exist
by globalintelhub
Aug 5, 2016 11:32 AM
The biggest secret the Elite doesn't want the have-nots to know: Money Doesn't Exist! As we explain in Splitting Pennies - Understanding Forex; the basis of the global financial system is built on a foundation of simple abstract concepts such as money, debt, finance, liquidity, equity, and trade. Money is a concept, an idea. It's a medium of exchange - not a store of value! Having a lot of money doesn't make you rich, in fact there's no difference between a homeless bum and a rich guy that never spends his money - it only has value when it is used. Keeping a million dollars buried in the ground is the same like not having it at all. Money only has value when it is exchanged for real goods and services that have value.
Splitting Pennies thought experiment
Wal Mart sells a child toy called "Bucket of Money" for less than $10, you can get more than $9300 in 'play' US Currency. It is interesting, how much it costs to 'print' all this paper play money. Well, the US Federal Reserve will tell us, between 5 cents and 15 cents, depending on the denomination (it costs a few cents more to print 2 more zeros .. added security and so on.. go figure). The conclusion is simple; making money (literally) is good business. But there's an even better business than MAKING money, it's EXCHANGING money for other money (this is called FOREX) trading.
This 'play money' is a great teaching tool for adults more than children. Children can't understand the depth of manipulation by the Elite because they see everything through happy glasses. Kids, don't try this at home. Parents, don't buy this 'toy' for your children - buy it for yourself. Show it to your friends, and explain them how there's little difference between 'play' money and Federal Reserve Notes, except that people 'believe' in the Federal Reserve System. Money is a belief, a dogma - more than a financial system.
But let's be practical about the global monetary system - there's no conspiracy, it's simply a means of maintaining the status quo. Work is outdated, there needs to be a modern tool to keep the Elite "Elite" otherwise who would dig all the ditches? And more practically, big business, and global empire, needs a good accounting system. Money isn't so much an enslavement system (although it is - but only because users 'choose' not to understand finance and basic math) as it is a means to create wealth and expand empire.
And the good news - due to the proliferation of the internet, any slave can become free by learning. Free yourselves, free your mind - and manipulate the manipulators. Trade Forex!
If you want a quick Forex education, checkout Splitting Pennies - the pocket guide designed to instantly make you a Forex genius!
If you want to get started looking at investing, checkout Fortress Capital Forex
Federal Reserve
globalintelhub's blog
Comments
JackieG Aug 5, 2016 11:32 PM
What is right and wrong DOES matter in life:
All the money in existence in our monetary systems has been borrowed at interest from a bank. When all currency in the system is borrowed at interest, there is NO MATHEMATICAL WAY to pay one penny of interest without pushing some people off the table via cancellation of their obligations to pay principal through bankruptcy, or through the kind of cancellation programs offered.
Reform must come from the side of dissatisfied customers, because the lenders have NO
motivation to move away from their current position of power and influence. If people who favour the customer over the lender are able to use the law to stimulate change, any imbalance created by giving people their real estate for free will best correct itself
through a change in banking laws and practice, NOT through perpetuation of the present system of GRAND THEFT of the entire wealth of society by the banking cartels.
Under the present system, someone HAS to get something for NOTHING. There is no other way.
Either the bankers continue to get interest payments for NOTHING at risk, or customers get free real estate after "borrowing" money that was created out of NOTHING and having the "loan" either canceled for fraud, or discharged in bankruptcy, or the lender
gets the real estate from the customer for NOTHING, following a foreclosure on the loan that was created out of NOTHING.
The answer is to stop basing bank lending on NOTHING
JackieG Aug 5, 2016 11:24 PM
All mortgage loans are made with the understanding the nominal borrower leaves collateral with the banker.
When the "borrower" satisfies the contract the bank should return the collateral without notice, yes?
Yet, I have never, ever seen evidence a bank has returned the collateral(original instrument of indebtedness in its original form)
Just a worthless copy.
Minburi Aug 5, 2016 10:32 PM
LOL.. Yay Forex!!!
blindman Aug 5, 2016 10:26 PM
in god we trust.
https://www.youtube.com/watch?v=pTbIu8Zeqp0
....: THE MOVIE | 2007 (HD)
JailBanksters Aug 5, 2016 10:24 PM
The trick is
What is value of money ?
What is the value of an Asset, any asset it doesn't matter. The answer is Zero
It has absolutely no value until somebody buys it, and it's value is determined by how much somebody is prepared to pay for it.
The US Dollar is an Asset.
Wow72 JailBanksters Aug 5, 2016 11:16 PM
The US Dollar is a worthless piece of paper backed by fucking idiots. NOT AN ASSET IN MY MIND. The Dollar will be WORTHLESS COMPLETLY with just a LITTLE MOAR PRINTING. Heres One Einstein. IF I PRINT A BAZILLION DOLLARS, HOW MUCH VALUE WOULD YOU PUT IN EACH DOLLAR? NONE!!!! GET IT????
Radical Marijuana Aug 5, 2016 10:23 PM
"Money" is measurement backed by murder.
Money exists since measurement & murder exist!
thebigunit Aug 5, 2016 8:00 PM
Less than informative.
SweetDougisaTwat Aug 5, 2016 10:00 PM
This article reeks of the Buddhist tenet that our physical world is an illusion--all of it including the skin on one's body, the kerosene splashed on one's clothing, and the butane lighter that gets lit in close proximity. Like money, that shrill hideous screaming doesn't really exist?
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blindman Doom Porn Star Aug 5, 2016 10:30 PM
only a dolla'.
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https://www.youtube.com/watch?v=kFwRNp7NQ-Y
.
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blindman Aug 5, 2016 6:16 PM
https://www.youtube.com/watch?v=Uq2eTBtv0vI
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.
Tom Waits Long Way Home
https://www.youtube.com/watch?v=hdyscH9TsnA
.
money, just somethin' you thru off the back
of a train. ... t.w./k.b.
All Risk No Reward blindman Aug 5, 2016 6:33 PM
“In our time, the curse is monetary illiteracy, just as inability to read plain print was the curse of earlier centuries.”
? Ezra Pound
This is a dangerous misconceptions of how debt-money system operates in the real world.
The vast majority of money is created through debt-issuance. Money is the "debt-receipt," if you will AND THE DEBTS ARE PAYABLE OR YOU LOSE THE COLLATERAL UPON WHICH THE LOAN WAS MADE.
Fake money doesn't lead your house being repoed because you don't have fake money. These debt-receipts have value - THEY ARE THE REQUIRED MECHANISM BY WHICH THE MONETARY DEBT MUST BE PAID OR YOU ASSET STRIPPED LIKE A PUNK.
There are two ultimate tiers within society - the class that creates money and uses it to control major societal corporations and institutions AND EVERYONE ELSE. The debt-money system is the weapon of choice used by the Money Power to control and manipulate EVERYONE ELSE.
"The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks."
~Lord Acton
To simplify the process to its most basic element...
If zero money exists and I lend you $20 @ 5% interest based on the collateral of your home, in one year you will owe me $21 due to double-entry bookkeeping adjustments that $1 interest liability to your balance sheet and $1 interest asset to my balance sheet.
Summing up, in one year you will have $20, you will owe me $21, AND I CONTROL THE $1 YOU NEED TO MAKE YOUR DEBT EXTINGUISHABLE, OTHERWISE, IT IS INEXTINGUISHABLE DEBT NOT MATTER WHAT YOU DO.
Let me stress the point inextinguishable debt...
You could find a gold mine with 10 tons of gold under your home 2 days before your owe me $21 AND I'M STILL SEIZING YOUR COLLATERAL, INCLUDING THE GOLD MINE, BECAUSE THE GOLD CAN'T PAY THE DEBT-MONEY DENOMINATED DEBT, ONLY THE DEBT-RECEIPTS CAN SERVE THAT FUNCTION.
"The one aim of these financiers is world control through inextinguishable debt."
~Henry Ford
Game, set, match, nescient debt-money serfs.
Krugman to Lietaer: "Never touch the [debt-]money system!"
https://www.youtube.com/watch?v=Q6nL9elK0EY
"Didn't they (MIT economics professors) tell you, never touch the money system!"
~Paul Krugman
"You are killing yourself academically if you touch the money system."
~Paul Krugman
"The secret of life is honesty and fair dealing. If you can fake that, you've got it made."
~Groucho Marx
These videos provide a good introduction to the prima facie fraud, WHICH IS VERY REAL, that is debt-based money...
Inequality: Why are the rich getting richer?
https://www.youtube.com/watch?v=ZzCegQVljdY
Debt Is Not a Choice
https://www.youtube.com/watch?v=juQc0rLdB-E
How To Be a Crook
https://www.youtube.com/watch?v=2oHbwdNcHbc
Renaissance 2.0
https://www.youtube.com/watch?v=96c2wXcNA7A
Debunking Money
https://www.youtube.com/watch?v=7_yh4-Zi92Q
PS - it is true that bank balances representing money don't actually exist as anything other than an unfunded IOU... that is true. That money doesn't exist in those accounts... AND AT SOME POINT THEY WILL INFORM YOU OF THIS LIKE THEY HAVE BEGUN TO DO IN CYPRUS (MORE TO COME, EVEN IN CYPRUS).
"The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks."
~Lord Acton
Wow72 All Risk No Reward Aug 5, 2016 9:45 PM
YOUR QUOTE: "The vast majority of money is created through debt-issuance. Money is the "debt-receipt," if you will AND THE DEBTS ARE PAYABLE OR YOU LOSE THE COLLATERAL UPON WHICH THE LOAN WAS MADE."
The problem is there are too many FUCKING IDIOTS OUT THERE FOR THIS TO WORK, THATS WHY YOU NEED SOUND MONEY, SO YOU DONT HAVE TO "TRUST" SOME ONE WILL DO WORK IN THE FUTURE? ITS LIKE STUDENT LOANS OMFG THEY ARENT PERFORMING AS MONEY? HOLY SHIT PEOPLE DONT GET IT.
We are BEYOND GONE WHEN IT COMES TO UNDERSTANDING WHAT MONEY IS. BEYOND FUCKING GONE!
CORN = WORK = MONEY YOUR QUOTE: "Money is the "debt-receipt,"" BULL FUCKING SHIT!
When I trade corn, IM NOT TRADING TOMORROWS CORN, IM TRADING TODAYS FUCKING CORN!
OUR POLICY MAKERS NEED TO GO! IF MONEY IS NOT EQUAL TO WORK AND YOUR WORKING, THEN SOMEONE IS RIPPING YOU OFF? ITS VERY SIMPLE.
THE FUCKING NIT WIT BRIGADE IS IN CHARGE OF AMERICAS MONEY. They are pulling everything or unlimited "money" from our future which makes money worthless. NOT GOOD.
DaNuts Aug 5, 2016 5:54 PM
You have really let the cat out of the bag now.
HunderneatH Aug 5, 2016 5:05 PM
either way we're all fucked.
Wow72 Aug 5, 2016 4:09 PM
"It's a medium of exchange - not a store of value!"
CORN = WORK = MONEY It is a store of value, it certainly is not a debt. You cant change what money is MONEY = WORK and WORK = MONEY. This will never change. As long as we are talking about REAL MONEY and not Oz money.
There is sooo much complete HORSE SHIT about what money is? ITs work? and work is money?
83_vf_1100_c Wow72 Aug 5, 2016 4:48 PM
WORK = MONEY
90+ million ebt card owners would disagree but point taken.
logicalman 83_vf_1100_c Aug 5, 2016 6:43 PM
EBT is based on currency, not money.
Why do so few people understand the difference?
Wow72 logicalman Aug 5, 2016 11:23 PM
The PROBLEM IS Things dont work well when the currency no longer represents money, you start to run into real problems that people will start to understand as soon as there are no political implications in the way. Once the coast is clear WATCH OUT! NOTHING IS WHAT THEY TELL YOU IT IS.
DanDaley logicalman Aug 5, 2016 10:50 PM
Even if EBTs were based on real money instead of currency, the question is "Whose work?".
No More Bubbles Aug 5, 2016 4:06 PM
This concept is not anything new for Zero Hedge readers! It actually does exist, but it's a LIE! People still believe the lie.....
jharry Aug 5, 2016 3:45 PM
If it doesn't exist, why are you writing about it?
Setarcos Aug 5, 2016 3:12 PM
I was expecting something profound, but instead got a shonky advert ... not a lot different from, "My mother's friend makes $900 p.h. from just a few hours easy work on the web."
fukidontknow Setarcos Aug 5, 2016 7:59 PM
Is your mother's friend single? I'm looking for a rich suger mummy.
luckylongshot Aug 5, 2016 3:03 PM
This article misses the point. This is that the entire financial system is a giant scam designed to transfer the public wealth into the pockets of the few families in charge of the scam. Money is invented into existance (BOE 2014) , this money is then accounted for as being a deposit (BOE 2014), the scam functions like a ponzi as it collapses without more lending (Brown, 2013). The public are turned into debt slaves by the scam which has worked so well that according to Vitali, Glattfelder and Battiston (2011) it has enabled a single organisation headed by the Rothschilds Barclays Bank to take ownership of 96.2% of all multinational corporations. Payback is overdue.
VWAndy Aug 5, 2016 3:00 PM
Its not tied to anything but faith. The bad news is that faith is in the worst possible place.
All Risk No Reward VWAndy Aug 5, 2016 6:37 PM
>>Its not tied to anything but faith<<
This is wrong and you know it.
It is tied to the debt which is TIED TO COLLATERAL.
THE DEBT IS A NOOSE AROUND MAIN STREET'S COLLATERAL FOR THE DEBT AND MAIN STREET DOESN'T HAVE ACCESS TO ENOUGH DEBT-RECEIPTS (MONEY) TO PAY THE LOANS...
THIS IS THE TRUE REASON FOR THE INFLATION TARGET... IF THEY DON'T INFLATE, MAIN STREET IS CRUSHED BY PRIOR DEBT SERVICE THAT IS GREATER THAN THEIR ACCESS TO DEBT-RECEIPTS...
Every exponential growth function (inflation is exponential debt-money growth, by definition) collapses at some point.
This collapse will usher in the Greatest Depression in human history and the Debt-Money Monopoly will asset strip all the debtors... and there are a LOT of debtors.
conscious being All Risk No Reward Aug 5, 2016 11:37 PM
It's tied to or rather backed up by force. Hence the term fiat. You are ordered to use it ... or else. You are ordered to pay a tax in it or go to jail. Like S&H Green Stamps you can exchange it for something useful, a lawn chair, a barbecue, but unlike S&H Green Stamps, once you are enticed to join the rat race, chasing the lawn chairs or barbecues, you have to make sure to accumulate the cut for the jailer, the taxes, for your Bankster bought government, taking taxes without representation. who feels their interests are being served by Vichy DC? Not me.
On the world stage, the power of the Green Back is it's ability to conjure up bombs falling on your head if you and your country get out of line. If not bombs falling on your head then some other calamity, like assassinations read The Economic Hitman, Nudleman-Kagan operations, industrial sabotage - Stuxnet. Again, fiat. You are ordered to use it under threat of force, violence, death, destruction.
Re. The Debt - they put up nothing to get the collateral lien on your assests. In our fiat system, banks can create FRNs almost at will, at zero cost and hand them to the debtor in return for a claim on his asset offered as collateral. Why can't the debtor whip up his own FRNs? Because only specially annointed Banksters get that magic wand. In our monopoly money system, only FRNs can be used to settle debts. Otherwise, Gresham's law would apply.
China had a Golden Age of banking. Banks issued their own money. People could use whatever money they wanted. Banks had to use good judgement and act transparently or people would not want to use their money. The banks backed their money with tangible assets. It all ended when the Chiang Kai-shek government started looting the banks.
Until the exorbidant priviledge of The Fed and the GRC ends, things will only get worse due to the Bankster skim and misallocation of resources aka mal-investment due to distorted or eliminated market signals. Look at Friday's NFP. Biggest "seasonal adjustment" in ten years. Which brings up moral hazzard. Once the money system is corrupt, then it is easy to use the corrupted money system to buy the government, to buy the law. When everyone starts to see that the laws are written to enslave them, then their is no more moral reason to obey.
And here we are.
DanDaley All Risk No Reward Aug 5, 2016 9:58 PM
Love your rant...really, but you are both right. Money is an agreement, actually...faith, if you will. As Paul Volker has said, money is all about confidence (fiat money, that is...and even gold or silver as money is an agreement -remember that the Inca had a lot of gold, but it wasn't money for them, but an offering to the emperor), and without confidence (faith) in the "money", you haven't got much (what you have is runs on banks, etc.).
You are so right about: This collapse will usher in the Greatest Depression in human history and the Debt-Money Monopoly will asset strip all the debtors...
spanish inquisition VWAndy Aug 5, 2016 5:35 PM
Run by the worst possible people.
All Risk No Reward's picture
All Risk No Reward spanish inquisition Aug 5, 2016 6:40 PM
Indeed. But they are smart.
They have the masses so programmed in faulty cognitive algorithms that I can explain the bare essence of debt-money fraud and the mass of people simply are incapable of admitting to it.
And yes, MONEY DOES EXIST, IT IS A COVERT SOCIETAL CONTROL AND ASSET STRIPPING MECHANISM.
IT.
IS.
VERY.
REAL.
AS.
ARE.
ITS.
DAMAGING.
EFFECTS.
