The Inside Assyria Discussion Forum #5

=> Re: The "Jobs" Fandango....

Re: The "Jobs" Fandango....
Posted by pancho (Moderator) - Saturday, September 3 2011, 18:17:55 (UTC)
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Tiglath wrote:
>>> It's the Banks and monetary policy....petroleum could have been cheese and we'd still wind up with the same problem....ahem.
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>Have to diagree. The "masters of the universe" sometimes erroneously called the Zionists or the Illuminati are in fact the super rich investors who have managed to go from lobbying the US Government to teaming up with from 1973 onwards to almost owning it outright today.

...I agree, but if there was no such thing as gold, silver OR oil...and all the wealth in the world was cheese....we'd STILL have the same problem with a monetary policy which places value on anything other than work or bare necessities....these guys have given themselves a monopoly, whether gold, silver or oil...as such it could have been a monopoly of cheese...and we'd all be borrowing and working for cheese...which they'd own and lend out to us and put us all in debt..what difference does it make if a crook shoots you with a Luger, a rifle, or a Colt...dead is dead. It's the POLICY and not what the policy is based upon that is the problem...I think.
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>1973 was the year the US Government went bankrupt appeasing its military-industrial complex and delinked its dollar from gold. The financial class then agreed to float the dollar backed by nothing but good faith. This was fine but as the US got into more and more debt the financial class needed collateral/backing for their investments.


...that's all true....but whether you shore up the dollar with gold or faith or oil, the very fact that this game of "shoring up" and then periodically going into more debt by "borrowing" from private banks, whether you borrow faith-based or gold-backed or oil-backed dollars OR cheese backed dollars..you're going to have the same problem, in the end.

So the US military was used to shore up support for the dollar through henry Kissinger's petrodollar recycling plan that saw petrodollars invested in US treasuries and along with fractional reserve banking allow the US an unlimited credit card.

...yes. And the same would have been true if there was no gold and no oil and airplanes ran on cheese.
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>The previously gold-backed dollar now had a defacto black gold backing which is the most heavily traded commodity used by all nations of the world second only to coffee.

...I agree with all you say...I only add that there is no solution to this problem so long as all solutions go through this monetary policy which has been screwing nations and workers long before 1973.



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