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MONEY, WEALTH, AND ENERGY v 1. 1 r 0 Authorship by: Tyler Jordan Money is like an iron ring we have put through our noses. We have forgotten that we designed it, and now it is leading us around. - Bernard Letter Introduction Money affects nearly all aspects of our lives, how it works is something everyone should be interested in understanding further. Unfortunately, politically and financially motivated and biased "experts" actively work to discourage us with terse jargon and assurances that the topic is much too complicated. The truth is, even the average economics graduate does not fully understand the depths to which the elite bankers have gone to insure their ultimate profit. Over the ages, these elite few have amassed enormous wealth and have used it, through bribery, blackmail, deception, and assassination, to gain control of the political processes of nearly every country.
To accept the "wisdom" of the mainstream authority structure is to leave the subjects of money, wealth, and energy largely unexplored and allows those who do know the nature of the system to carry on unquestioned. It is important to understand that true knowledge of reality allows control. As time has passed, those with true knowledge of money, wealth, and energy have come to dominate the use and flow of each. These elite have sought to maintain and even increase their control and influence over time by carefully structuring the institutions of knowledge and learning to their advantage by funding those persons of similar political philosophy. Like well studied con-artists they have kept their true intentions hidden while utilizing obfuscating language and the selective recruitment and advancement of like-minded colleagues. Through these and other manipulations they have created a memludditic tower of babel that soars over any other in the recorded histories of all known civilizations. "History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and its issuance. " -U.
S. President James Madison A history of wealth transfer Real wealth is power. Let us explore the fallacies of wealth / power , money creation, and basic economic theory. The early "loan-sharks" were money changers and gold smiths.
They were the ones who consistently had idle money (in the form of gold and silver coin). So, they used it to increase their profits by giving out loans at interest. They realized that the larger their stockpile of coined money the greater the amount they could potentially lend out and thus profit from. The money changers, contracted with investors to loan gold and silver to them at low interest, in turn they would lend the coin back out at high interest. This is the first illusion: As there is never enough coin in circulation in a shrinking economy for everyone to pay back all interest and principle, the unfortunate borrowers (gamblers), who can not find enough money are forced to give up their collateral wealth. The only way this can be avoided is to force the economy into constant expansion.
Already, the structure of the system is clearly a pyramid scheme, as it would not take long to drain the real wealth from a fixed pool of borrowers, thus more and more people had to be convinced to work harder and harder in order to generate more wealth and more land had to be occupied to meet ever increasing production demands. Did you grasp the implications of this last bit? It means that nations have to go to war to take hold of more and more assets in order that the pyramid will not collapse. Of course, when the pyramid does collapse, its only the lower levels of people that are crushed (generally by pitting them against each other).
Lets get back to the history. Somewhere along this path, a few of the money changers realized the potential of their situation, the investors that had been storing their money with them enjoyed the interest that the money changers were paying them for keeping their gold and so, over time the investors became comfortable with permanently leaving their gold and silver in the hands of the money changers. Once enough of their investors felt safe in keeping their gold with them, the money changers began lending out, at interest, more money than they actually had. They performed this second illusion by lending out paper IOUs, not gold and silver, just paper and ink in lieu of coined money.
They had realized that only a few of the IOUs they printed would be returned to them with the demand for gold coin at any one time, as such they began lending out more than ten times the amount they held in reserve. This reaped tremendous profit. Where they had earned 10 - 20 % interest before, now they were able to earn many times that amount. This technique, later to be named "fractional reserve banking", spread like a wildfire amongst the money changers because those that used the technique could charge less interest than those who didnt. In a short span of time those that did not employ the technique lost their customers and their investors and then went out of business, this was the birth of modern banking. To this day, banks lend out many times their holdings, all at interest.
Only bankers are allowed to person this illusion, if you were to do this, youd be arrested and charged with fraud. Before the birth of these techniques, people had far more leisure. A person might work only 180 - 240 hours per year in their gardens and have plenty to eat. Why does everyone work so incredibly hard now? Simple, fractional reserve banking and interest are pyramid scheme technologies that have enslaved those that didnt get in at top of the pyramid, as such, most people must slave away harder and faster with each passing day to repay money that was created by the bank out of nothing but a little paper and ink. Think about that.
Consider that all pyramid schemes ultimately collapse when they run out of people to join or when those at the bottom can no longer work hard enough or gather enough resources to pay what they believe they owe. When most people accept paper and ink in exchange for their labor, they do so believing that it will be worth something in the future, that they will be able to exchange it for someone elses labor and so on and so on. But because resources are finite, this pyramid scheme must collapse and thus the value of this paper and ink, will ultimately be worth the value of paper and ink. We can trace modern economic theory back to the physiocrats of 18 th century France. From the beginning, economic theory was premised on the idea that resource allocation is circular, i. e. , never-ending, eternal, and sustainable.
The physiocrats theorized that goods and services flow endlessly back and forth among all those participating in the economy. This premise may have been somewhat true during the 18 th century if we were to exclude the wealth being extracted by the banks, as global populations were small and fossil fuel use was very minimal and likely at sustainable levels. However in modern existence, sustainability is absurdity, as the modern economy is almost completely powered by non-renewable energy. Food is one of the core economic commodities flowing in the marketplace. Food is what people are made with, and all the other commodities are made with the labor of people. However, food is not the core commodity in the mainstream economy, energy is, and when we speak of energy, we speak of petroleum (oil and natural gas) for it is, far and above, the main source of all energy in the mainstream economy.
However, people do not make petrol, we pump it out of the ground and thats a problem because petrol isnt like other commodities. It is the closest thing to pure energy that we have available. Yet it takes energy to pump it out of the ground. In fact it takes energy to find it and drill for it too. The problem lies with the fact that near 2010, we will approach the break even point in terms of energy recovery.
Consequently, there will be far less petrol, thus far less energy, thus far less food, and thus, you may have guessed it, far less people. Bringing the discussion back to the beginning, modern economic theory doesnt comprehend this problem because the theory was designed when people thought energy was unlimited. Today economists still believe that as the price of oil goes up, harder to get at oil reserves will be exploited. They treat oil as they treat any commodity, but it is not, it is energy, it is the core commodity and without energy, it doesnt matter how much people are willing to pay for energy, the laws of physics kick in...
it cannot be extracted because it takes more energy to extract it than you get in return. Money is not energy nor real wealth and in fact, nothing is a substitute for energy, not gold, not silver, and certainly not paper and ink. Money by definition is a tool that facilitates resource allocation (e. g. , basic trade) and in order for it to do so it must be assigned a relatively common value by the people who use it. In the past money has been tied directly to the price...
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Research essay sample on Money Wealth And Energy V1 1r
