LaRouche Denounces Imperial Scheme

[PolyNewbie]

LaRouchepub

This guy has to be the victim of the most incredible smear campain ever executed. Bush Sr lead the pack.

He is saying what a lot of other people are saying. This idea of a singkle world currency brings us to a single world government and the new world order.

It is what Brzezinsky calles the Technotronic Era, where the "elites" do as they please and we live under a world dictatorship. Orwell is only a pen name for the author of "1984". This author was a socialist and close to the elite planning all of this. "1984" is today - when they use wars to divide and control people and doublethink is everywhere.

[PolyNewbie]

There may be many people who do not give this any thought and therefore consider it a "good thing". The economics I learned in school did not teach me this. It has taken some effort using honest sources.

I will explain below why it is a bad thing:

Currency used to be a metaphysical thing from which to manage labour. If a country need more roads they simply print off more currency to build the roads then tax it back from the people to prevent inflation (only charge enough interest to cover admin costs). Taxation is a method to prevent government expenditures from causing inflation - to a point - excessive taxation can also be the source of inflation.

In a new global economy the dollar is now a commodity and its distribution will be centrally controlled. If the same community wishes to build roads the currency must be earned from the central bank before it can be spent on roads (in the form of borrowing and agreeing to pay interest). If your economy is poor and you can't earn the money to build your own roads then your economy sinks to ruin if roads are needed for it to function.

If your little global village makes rubber boots and you piss off the world power they just set up another community to make all the rubber boots needed instead and you go broke and starve as your infrastructure falls apart.

This way sections of the world can be isolated and converted to nature reserves if this is what is desired - and it is what is desired. Prince Philip has said he wants to kill off 80 % of the worlds population. Its not a new idea. You will have no say in whether or not it actually happens - it will be up to the central world bankers and how they manage your economy.

The global effect of this is to pit various communities against each other in economic competetion to obtain more currency because there can never be enough currency in circulation to pay back the loans. It is always in short supply and therefore communities will always be desparate to obtain more of it for the purpose of survival and serving their elites. People will be slowly relegated to slave labour as communitioes borrow more and more money and it therefore becomes in shorter and shorter supply. The banks create the money to lend but not the interest required to pay it back.

Think about this: Saying that you do not have enough money to build roads is like saying you do not have enough kilometers to build them.

[margrace]

Well certainly sounds like our area and money for infrastructure. It is given out on a lottery basis and depending on which government is in power and who you voted in whether you get the money or not.

[Riverwind]

Currency used to be a metaphysical thing from which to manage labour.

Currency used to be something physical that was small enough to be easily exchanged and rare enough to hold value. Gold, silver shells, special stones have all been used as currencies because it was impossible to create more (i.e. nature controlled inflation). The currency system would collapse if something changed and the previously rare commodity became commonplace. This actually happened to a pacific island culture which used large stones as a currency. When the Europeans showed up with big boats it become easy to import large stones which created inflation and, ultimately, destroyed the large stone currency.

We now have a fiat currency where this is no natural limit on the amount of currency. This means the government must limit the supply of money. Major economies do that with a free market mechanism based on interest rates. There are those that would like to replace the free market system with one where the government central planners dispense new money according to the five year plans developed by the politburo. There is no reason to believe that a communist monetary system would be anymore successful than a communist government.

[kimmy]

It is what Brzezinsky calles the Technotronic Era

Technotronic

Technetronic

"An attempt to revive the Persian Model of a global empire"?

It sounds like Lyndon ventured out of his compound to spend some imperialist fiat currency on "The 300".

-k

[stignasty]

Orwell is only a pen name for the author of "1984". This author was a socialist and close to the elite planning all of this. "1984" is today - when they use wars to divide and control people and doublethink is everywhere.

I'm going to take a stab and guess that you've never read 1984. Or, if you have, you obviously missed the point.

Read it online before the illuminati has it removed.

For the rest of us: Big Brother's Quiz for Loyal Party Members

[PolyNewbie]

I have read 1984. There are similarities that are close to what is happening today:

(1) Fake wars

(2) Servielance

(3) Double think

(4) Torture

(5) Poor populations (this is becomming more true)

[PolyNewbie]

Riverwind:We now have a fiat currency where this is no natural limit on the amount of currency. This means the government must limit the supply of money.

The banks no longer report the money supply (M3) to the government. They now do not even tell government how much money they create.

Riverwind:There are those that would like to replace the free market system with one where the government central planners dispense new money according to the five year plans developed by the politburo. There is no reason to believe that a communist monetary system would be anymore successful than a communist government.

Who ? Link ?

[stignasty]

A couple of essays:

Dehumanizing People and Euphemizing War by Haig Bosmajian

Politics and the English Language by George Orwell

[stignasty]

I have read 1984. There are similarities that are close to what is happening today:

The fact that you are able to read your conspiracy theory websites and watch your conspiracy theory movies coupled with the fact that you can post your conspiracy theories without threat should indicate to you that the world we live in today is unlike the fictional world George Orwell created in 1984.

[Riverwind]

The banks no longer report the money supply (M3) to the government. They now do not even tell government how much money they create.

The M3 number is one just one statistic among many - there are other numbers that provide similar information which is why the Federal Reserve stopped publishing it. The information used to create it is still available to anyone who cares to know.

Riverwind:There are those that would like to replace the free market system with one where the government central planners dispense new money according to the five year plans developed by the politburo. There is no reason to believe that a communist monetary system would be anymore successful than a communist government.

Who ? Link ?

You and anyone who thinks that the government should fund its operations with interest free money created by the central bank. This model of managing the money supply is a basically a communist model that presumes the government is the best position to decide how to spend the newly created money. The current model is a free market model since the government has to compete with the private sector for access to money created by the central bank.

[PolyNewbie]

Do you even know what "communist" means ?

Riverwind:The current model is a free market model since the government has to compete with the private sector for access to money created by the central bank.

STOP WATCHING TV !!!!!! GO READ A BOOK !!! You have absolutely no idea about what you are talking about !!!

There is only one kind of bank note - a federal reserve bank note. This is not a "private sector" it is a monopoly of the private sector otherwise known as a "cartel". Don't mistake a "cartel" for a free market.

[bush_cheney2004]

...There is only one kind of bank note - a federal reserve bank note. This is not a "private sector" it is a monopoly of the private sector otherwise known as a "cartel". Don't mistake a "cartel" for a free market.

This is patently false. I have in my possession a "United States Note" and several "Silver Certificates", and while obsolete, they are accepted as legal tender. Such notes were common through 1970 and survived many years. There were a total of six forms of "bank notes" before the Great Depression:

United States Notes

Gold Certificates

National Bank Notes

Silver Certificates

Federal Reserve Bank Notes

Federal Reserve Notes

[PolyNewbie]

This is patently false. I have in my possession a "United States Note" and several "Silver Certificates", and while obsolete, they are accepted as legal tender.

Do you have a model T Ford lying around too ?

Have you ever been paid in anything else but a Fed ?

[bush_cheney2004]

Have you ever been paid in anything else but a Fed ?

Yes, I have been paid in many ways. Particular to your error, United States Notes can still be found in circulation. Sorry....dems the facts.

[Guthrie]

There was a time when US paper money could be traded for an exact weight in gold or silver, depending on the note --- now, those notes, even though they still proclaim value in metals, are counted no differently than federal reserve notes

except, of course, to collectors

so, yes, the US currency is of only one single type -- that being the case since '64(?) or whenever the last date for transferring them into precious metals expired

[bush_cheney2004]

The last United States Notes were released into general circulation in 1971, concurrently with Federal Reserve Notes. Accordingly, there have been more than one kind of US bank note in circulation, and this remains so today, easily spotted because of red seals and serial numbers.

[Guthrie]

The last United States Notes were released into general circulation in 1971, concurrently with Federal Reserve Notes. Accordingly, there have been more than one kind of US bank note in circulation, and this remains so today, easily spotted because of red seals and serial numbers.

this appears to be a mistake

[bush_cheney2004]

this appears to be a mistake

Take it up with the United States Department of the Treasury:

1971 -- The last United States notes were placed into circulation by the Treasury Department.

http://www.ustreas.gov/education/history/e...01-jan.shtml#21

[Guthrie]

this appears to be a mistake

Take it up with the United States Department of the Treasury:

1971 -- The last United States notes were placed into circulation by the Treasury Department.

http://www.ustreas.gov/education/history/e...01-jan.shtml#21

They say United States notes were dropped because they served no different purpose than Federal Reserve Notes -- so, essentially, they agree --- there is only one American note - and not, "six forms of "bank notes" " as existed before the depression

polynewbie was right and the rest of this stuff is just so much smoke screen

[bush_cheney2004]

They say United States notes were dropped because they served no different purpose than Federal Reserve Notes -- so, essentially, they agree --- there is only one American note - and not, "six forms of "bank notes" " as existed before the depression

polynewbie was right and the rest of this stuff is just so much smoke screen

Poppycock...PolyNewbie stated: There is only one kind of bank note

This is patently false...no smoke required. At least three forms of bank notes existed (were issued) after the Depression.

Next...

[Guthrie]

They say United States notes were dropped because they served no different purpose than Federal Reserve Notes -- so, essentially, they agree --- there is only one American note - and not, "six forms of "bank notes" " as existed before the depression

polynewbie was right and the rest of this stuff is just so much smoke screen

Poppycock...PolyNewbie stated: There is only one kind of bank note

This is patently false...no smoke required. At least three forms of bank notes existed (were issued) after the Depression.

Next...

well, I suppose if one has a fatal case of nitpicking, one could say there are NO kinds of bank notes in America as they are all Federal Reserve Notes -- but it is the case there is no legal tender printed in the US since the 60's except those backed by the Federal Reserve -- so, despite the kicking and screaming, polynewbie was right sorry

[bush_cheney2004]

well, I suppose if one has a fatal case of nitpicking, one could say there are NO kinds of bank notes in America as they are all Federal Reserve Notes -- but it is the case there is no legal tender printed in the US since the 60's except those backed by the Federal Reserve -- so, despite the kicking and screaming, polynewbie was right sorry

Sorry and wrong....United States Notes were produced for the US Dept of the Treasury, not Federal Reserve...as late as 1971.

Try again......Polynewbie and I have a long history on such matters...my job is to correct his American wannabe mistakes.

Both United States Notes and Federal Reserve Notes are parts of the national currency of the United States and both are legal tender. They circulate as money in the same way. However, the issuing authority for them comes from different statutes.

[Riverwind]

There is only one kind of bank note - a federal reserve bank note. This is not a "private sector" it is a monopoly of the private sector otherwise known as a "cartel". Don't mistake a "cartel" for a free market.

The monetary system is primarily free market based because money is only created when a bank is willing to assume a liability in return for interest paid. Money is never created unless a person or business believes that they can get a ROI that exceeds the interest paid. The system is not perfect but it generally ensures that the people best able to generate profit by borrowing the money are the ones that get it.

Giving the government (or anybody) free money removes the incentive to use the money in ways that will generate the best ROI.

[Guthrie]

and the supposed difference between these supposedly different notes?

and how does getting paid in one differ from getting paid in the other?