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http://newilluminati.blog-city.com Welcome to the New Enlightenment, an era when suppressed science, hidden history and the enlightening nature of reality are all revealed! Notes from the NEXUS New Times Magazine Founder R. Ayana, who lives in a remote rainforest (and is no longer involved with the magazine). Catching drops from the deluge since 1984. Join the MAILING LIST below to receive more enlightenment and please COMMENT at the end of any entry. You can navigate through this journal using the calendar or searchbox. Let's create the best of all possible worlds!
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"All the world's a stage we pass through." - R. Ayana
Banknotes once said, not too long ago, "I promise to pay the bearer" in a value equating to something tangible - silver, gold etc - in the name of, for instance, the secretary of the treasury. Take a look. Do they still say that?
Yes, 97% of the money is literally invented when it is typed into your account. The point is, in order for all this 'wealth' to be repaid it all has to come from somewhere eventually. Where? The Earth - the basis of all wealth - and blood, sweat and tears. The problem is that there isn't enough money in the world to repay what's owed now - and of course only a percentage is 'private' debt - the rest is run up by fictitious entities such as governments and corporate 'bodies'.
As for the reserve banks - most people assume that they're owned by governments. They're not - even the US Federal Reserve is a private 'company'. Until less than a century ago private banks could print their own money, by the way. This became a monopoly during the 'great depression'.
In the modern world a country's 'worth' is currently defined by muscle, not tangible assets.
Real value on my interest? What a joke. It doesn't keep up with inflation over time. That's why those who invest seriously DON'T keep it in cash or banks, but in real - tangible - estate or commodities.
All this boom and bust has happened repeatedly, but most humans don't notice until they're very old. It's designed to regularly shake out all the money from the pockets of the 'new rich' and 'middle class' so that it falls into the hands of those who really own it in the long term - those sharks and dinosaurs and dragons with long-term perspective.
You see, wage slaves are slaves.links: digg this del.icio.us technorati reddit
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maggie
maggie [maggie_mccue@hotmail.com]