world economic story

in finance •  8 years ago 

Once upon a time there was a country that had a solely unique status to reserve the worlds monetary systems. This system would tether most other country's fiat debt trading system to said nation's currency. This special national reserve country has many super secret ways of holding its status. This country actually started by truly earning its world reserve status by backing its dollar with a monetary asset(s) such as gold and/or silver. This method of trading actual wealth became too much of an anchor, so in order to perpetually increase growth without having to use true wealth the country switched to a "temporary" system backed off oil trade, debt growth, and consumer trust.
This world reserve currency status requires monetary growth in order to stay afloat. To do that all oil must be traded in this world reserve currency and forbidden to be traded with anything else especially gold. When all gasoline, plastic, rubber, and petrol products require money from the world reserve country it creates high demand for said currency.
In order to create debt growth the banking industry has invented fractional reserve lending. Fractional reserve lending is almost any bank loan. Instead of taking money the bank already has in possession to loan out, they instead literally create the debt money by typing digits on a computer, and when the loan is payed back, that is money creation. On top of that the currency with the world reserve status is not owned by the country for which it represents. The money is loaned to the nation, with an interest charge, by a private corporation with shareholders. The money this corporation prints is called a "Federal Reserve Note" given the name of the corporation; The Federal Reserve. Don't be fooled by the name this company is in no way part of any federal government.
A country with such high power must have a way to enforce and defend the way its, and the worlds, monetary system works. And a way is found, two birds with one stone. The Military industrial complex makes this world reserve country the number one military spender in the world. This means no one country can question the authority of this world superpower. Using around half of this nations budget on military, this country spends about $29 billion dollars more than the next seven highest military spenders combined totaling 596 billion per year. In other words China, Russia, Saudi Arabia, UK, India, France, and Japan spend less money combined than this one world reserve nation. as of Apr 18, 2016 according to pgpf.org.
And remember if your system requires more debt to survive, whats the best way to get that? Make debt cheap! And isn't it funny that the corporation; The Federal Reserve controls interest rates? setting them near zero; A quarter of one percent since 2009 raising it all the way up to half of one percent at the end of 2015 where it stays currently. if you dont believe that the debt must continually rise, check out: USDEBTCLOCK.org
I am surprised you actually read this. buy phisical silver and gold, wake up and stay alert my friends. good luck.

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