It’s called ‘inside money’

Bank of England Admits that Loans Come FIRST … and Deposits FOLLOW

All of it is a liability. All of it.

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

In monetary economicsinside money is money issued by private intermediaries (i.e. commercial banks) in the form of debt (credit).[1] This money is typically in the form of demand deposits or other deposits, and hence is part of the money supply. The money, which is an asset of the depositor but coincides with a liability of the bank, is inside money.[2]

Inside money is thus a liability (equivalently a negative asset) to the issuer, so the net amount of assets associated with inside money in an economy is zero. Most money circulating in a modern economy is inside money.[3]

There’s no such thing as a rich person. They just have a bigger credit line.

Be jealous, people, they’re allowed to get in more debt!

Even the banks aren’t rich, the money is a debt, a huge liability created by nothing, no value of labour behind it, aka fountain pen money.

O mountain of Mine in the countryside, I will give over your wealth and all your treasures for booty, Your high places for sin throughout your borders.

And you will, even of yourself, let go of your inheritance That I gave you; And I will make you serve your enemies In the land which you do not know; For you have kindled a fire in My anger Which will burn forever.

Thus says the LORD, “Cursed is the man who trusts in mankind And makes flesh his strength, And whose heart turns away from the LORD.

For he will be like a bush in the desert And will not see when prosperity comes, But will live in stony wastes in the wilderness, A land of salt without inhabitant.

https://biblehub.com/jeremiah/17.htm

Rely on yourself.

“Blessed is the man who trusts in the LORD And whose trust is the LORD.

“For he will be like a tree planted by the water, That extends its roots by a stream And will not fear when the heat comes; But its leaves will be green, And it will not be anxious in a year of drought Nor cease to yield fruit.

…”I, the LORD, search the heart, I test the mind, Even to give to each man according to his ways, According to the results of his deeds.

As the great philosopher Britney said, you better work, bitch.

Not for the Banks, not for Amex, for yourself.

“As a partridge that hatches eggs which it has not laid, So is he who makes a fortune, but unjustly; In the midst of his days it will forsake him, And in the end he will be a fool.”

You are not rich because you cucked enough for The Bank (central) to give you more zeros.

It’s an empty parking space and you’re claiming a car. An invisible car you cannot drive.

Might as well claim prime real estate circling the moon designed like a teapot.

If you are incredulous about the system, you understand it.

Rich people, the Rich, the 1%, don’t exist.

The Emperor has no clothes.

Do not be a terror to me; You are my refuge in the day of disaster.

Let those who persecute me be put to shame, but as for me, let me not be put to shame; Let them be dismayed, but let me not be dismayed. Bring on them a day of disaster, And crush them with twofold destruction!

Stock traders have IOUs. Paper you can burn, digital is a poxy etch a sketch in 4k.

Riches are your value, your labour, your worth. What you can DO.

How many rich people can clean a toilet? What is their net worth?

Many of them don’t realise this (Birkin lovers) but the top tier (Rothschilds etc) do.

They waste decades of life to pay fealty taxes for a box.

They were too cheap to install walls and cheaped out with white paint too.

Lead paint is white. You breathe it in. It also glazes that Chinese teapot.

White glazed Ikea table, fast furniture? Lead paint. Any cheap white paint (from China) used in your home on anything. Lead. You didn’t plan on having kids, right?

Kiss the ring of modernism, tastes like cancer.

It’s cheap because it asks for your soul.

We willingly trade our value for their paper, their zeroes, their system.

Who has the value here? Really? If we all downed tools, who would we notice missing?

Why was Cromwell’s corpse dug up and dragged through the street?

Why did England briefly and successfully use sticks as currency?

Does the Bank of England belong to the English People?

If we twig, if the penny drops and we figure it out, are they rich?

Are they really?

The car that needs a mechanic, the house that needs a plumber, the inept parents who need a nanny, the kid who needs a tutor, the computer that needs a nerd. The home owner who can’t use their own kitchen and needs a chef.

They’re useless children without the workers.

HELPLESS.

If we reject inflation as a tax on producers of society by merchants, what can they do?

Force us to work? Nope.

That’s why they need to keep you distracted, desperate and hungry, fearful of the next meal.

You don’t have to become poorer every year.

That’s their system. It’s the illusion, mirage you work for that gives them power.

Consider, an income of zero, could a rich person live off that? Naturally.

They don’t need Money IN, they’re rich!

Wait, they can’t afford a year’s worth of property, car, school tax etc. without fresh income?

What does rich mean, then?

It’s a system of illusion supported by modernism. It’s temporary.

See:

https://disenchantedscholar.wordpress.com/2014/05/01/seeing-the-future-on-economy-culture-decline/

Fucking CALLED IT.

song at 23:10, watch at 2x speed

Mark of the Beast

https://www.zerohedge.com/news/2018-06-24/why-thousands-swedes-are-inserting-microchips-themselves

You can still steal surface-level implants. Pockets are adaptive?

Think of the worst-case scenario.

Gattaca.

All you need is a pocket knife and a rich guy’s arm.

You think stop and search is bad? Wait until you see stop and scan.

This is intended to end barter. This is a cattle brand.

One big EMP or super-magnet in a public place and the rich assholes need to get it replaced.

Actually, did any rich people get the Pink Triangle of our times?

Or is it mark of the enslaved?

Good luck outrunning the student loan debt in your body.

Finance’s winners and losers of 2016 + Trump

http://fofoa.blogspot.co.uk/2016/05/the-debtors-and-savers-2016.html

This guy is goooooooooood.

Not just good.

But gooooooooood.

wow omg likey

e.g.

“Since gold can’t be “debased”, it begins to attract investment from those who would rather not consume today’s overproduction (and via that sharing wealth and ‘favours’) but continue to hoard these for the purpose of individual wealth accumulation.

Owning your own money makes you a Bad Person.

[…]

Gold in this way symbolises humanity’s selfish streak.

[…]

What’s more, while gold encourages anti-social behaviour and hoarding in individuals, a fiat-based system encourages the very opposite: sharing, distribution, collaboration and cooperation.

SJWs in finance, called it here first.
Welfare-phobia is round the sharp corner of a Hillary victory.

The “NWO Socialist Welfare State” (or whatever you want to call it) is completely dependent on the US dollar’s global use in the store of value role. Something that cannot be controlled. It can only be earned through confidence. And most simply stated, that’s ending. Look no farther than how the creep of progressivism has paralleled the creep of the US dollar, and then you will see how far this movement is about to be set back.

gangnam style elevator lift pelvic thrust funny sexy ooh

What goes round comes around like a choo choo of bad decisions

We live in the end times of progressive religion. PREACH.

Meanwhile, whatever your opinion of gold.

http://www.zerohedge.com/news/2015-12-07/peter-schiff-warns-whole-economy-has-imploded-collapse-coming

I read a statistic… The average American has less than a $5000 net worth… it’s pathetic… we’re basically broke… but in fact it’s much less… If you actually took the national debt and broke it down per capita, the average American has a negative net worth because the government has borrowed in his name more than the average American is able to save.

What’s happening is pretty much what we would anticipate. I don’t see from the data any real economic recovery, certainly not in the United States.

We’re spending more money, but it’s not because we’re generating more wealth. We’re generating more debt. We’re using that borrowed money to consume and so temporarily it feels that we’re wealthier because we get to spend all that money… but we have to come to terms with paying the bill.

The bills are going to come due. Right now interest rates are being kept at zero which makes it possible to service the debt even though it’s impossible to repay it… at least we can service it. But once interest rates go up then we can’t even service it let alone repay it.

And then the party is going to come to an end.

In a game of musical chairs, you watch for the teacher to edge nearer the music player before hovering near a chair. The teacher has a finger above the Stop button. Nobody is hovering.

I think the whole of civilization will collectively refuse to pay it. They can’t force us without becoming slave owners. I think the Jews or whatever usurers are in control are gonna get a shock when the pound of flesh is taken from the heart of every person who conned us pre-birth.

UK Inflation calculator

This is atrocious and should be demanded in schools.

http://www.thisismoney.co.uk/money/bills/article-1633409/Historic-inflation-calculator-value-money-changed-1900.html

I chose to look at % of inflation according to a WW2 year, I chose 1943. Nice and snug in there.

Over 4,000% inflation since then.

Four-thousand.

Before this, I chose to look at the value of a single British pound coin, also in 1943.
To purchase the same goods now, you would require over £40. 

Don’t we already have hyperinflation?

Am I missing something obvious here?

How is this not?!!

happy bateman

At this point, I’m officially out of ideas.
The deeper I go, the greater the mess.

Anyone else hear the distant thunder?
Oh wait, that’s jackboots.

I’m not fiddling the data here by cherrypicking a year, I chose one late on purpose.

Look at the charts elsewhere!

LOOK AT IT.

Now if someone could map these onto a Left/Labour red or Right/Tory blue government, we might be able to spot a pattern. Re Whose Fault This Is.

Video: How to destroy the world

Stefan is knocking it outta the park recently. Highest quality redpill stuff.
Who turned him onto us? Anyone know?

wow omg likey

TLDW: Social engineers are child abusers.

In one word, it comes down to Legacy. The legacy is the future.

You either have one, or you don’t. You eat the cake, or you keep the cake.
But it doesn’t last forever. Never kick the pup because the pup grows up.
We are reaching that tipping point. I saw a comment, I think it was on Vox Day’s blog, pointing out that by recreating the conditions of Weimar Germany in every system, it’s predictable what would happen next. But neolibs don’t listen to history, they’re on the Right Side… *snicker*

I treat you as a sentient intelligent lifeform. Objections?

He’s right that the quality of men dropped before the quality of women. I feel the manosphere forgets there is another half to the equation. Post-WW, the few surviving men lived it up. Then the Sexual Revolution just happened on by shortly thereafter because women felt left out and wanted some of the attention. Men lost their motivation because sex is practically all they want from women and…. yup, that’s pretty much it. This causes the economy to tank eventually and we’ve been building up bubbles ever since (look at the time you went off the Gold Standard to cover for it, LOOK) because men buy most of the shit needed for a family from a position of surplus and women, while easier to sell to, must buy on credit.

The manosphere mocks women for saying “Where have all the good men gone“? Answer: They’re Peter Pans at home playing video games and watching porn, the Lost Boys, which hardly reflects well on men as they think it does, while all the time most of their discussions feature “Where have all the good women gone“? without a trace of self-awareness. Answer: Pump and dumps, pretty much. Not Asia. Not S. America. You chucked them, or some other guy did, and now they’re psychologically ruined by it.

n.b.

Maternal instinct isn’t a myth. It’s much like paternal drive in men. Some have it, some have it strongly and some do not have it at all. Women are dumb enough to freely admit where they lie there, oblivious to how it affects their long-term value: are you pro-choice? They can only answer for themselves and only the women who state the rape/cancer exception are permissible.

p.p.s.

Gold Standard in America: 1971. I’m sure that’s a maaaa-ssive coincidence.
UK: 1934. WW1 made us broke. However, we had similar problems:
https://en.wikipedia.org/wiki/History_of_the_British_national_debt#1970s

The crisis was seen as a national humiliation.