Reality is stranger than fiction: to see the big picture, one just needs to open one's mind to it to observe the data starting to flow in by itself, and which reveals that the truth is always hidden in plain sight.
Fractional reserve banking is a technique to print money that doesn't exist and charge an interest for the circulation of the currency. Should we stop paying the interests, money would vanish, this is as simple as that. Many people do not realize that this (odious) concept would NEVER have come to life if so many people were not willing to go into debt to cheat competition nor borrow against their future in the first place. Precious metals didn't prevent any of that either. Although the banking collusion is beyond doubt, cursing the bankers is an attitude that doesn't achieve anything, in the sense the latter are just banking on people's greed to harvest the profits from people's failure to comprehend that materialism is the ultimate trap. How about to quit harming ourselves first?
WHAT COMES AROUND GOES AROUND
Of course billionaires would not tell openly they have clearly doomed humanity, because they would not have become the Titanics of our global economic system if they had not borrowed up to their ears and beyond, so that their business ventures could cannibalize the markets. But meanwhile, they play the gurus and trash college degrees and have fun doing it and the world admire them even more. What is wrong with this picture, any idea?
Yes indeed, reality is stranger than fiction! NO one is going to win this run up for profits and humanity will pay the heavy price for understanding too late why a total systemic breakdown is today in the cards. We can cynically thank the credit rating agencies for having done an excellent job, can't we?
Warren Buffet is right in a way: the price is what we pay, the value is what we get!
Business Debt Will Surge To $75 Trillion By 2020, S&P Global Ratings Cautions
Incredible! Corporate debt is set to surge another $65 trillion between between 2014 and 2020!
Billionaires Explaining To You Why A College Degree Is Useless
MORE LINKS WORTH YOUR TIME
7 million Americans refuse to pay back student loans | National student loan debt reaches a bonkers $1.2 trillion (and growing) in the US | Massive student loan fraud scam: 99.8% of repayment data fraudulently altered by schools | Who's Profiting From $1.2 Trillion of Federal Student Loans? | America's Problem With Student Loans Is Much Bigger Than Anybody Realized
SOME PREVIOUS BLOGS (The Monetary Paradox Series)
The Not So Mysterious Resurrection Of The Electric Car | The REAL Human Cost Of Electronics | Sand Wars And The REAL Cost Of Sand | The Pursuit Of Profits Means Earth Destruction, Indonesia Ablaze | Blood Inc, The Next Booming Market ?The super rich are injecting blood from teenagers | Why Staying healthy Costs More. Are You Buying Organic? Do The Math! | and more
Human emotions being ruled by physics, Earth Custodians call for the adoption of a different way of thinking to promote conflict resolutions. Different but not new, because such concepts were already debated two thousands years ago: they are keys to grasp the unhealthy mechanics driving people's need for power structures, and as how to overcome them as well. Mainstream Psychology is on its death bed. One cannot resolve the issues with the mindset that created them. Yes, it is possible to see way ahead of the curve, and if it takes one generation for a money-free society to take shape, that shouldn't prevent anyone from taking action, and using money to spread the word until a critical mass (20% of population) is reached. The metaphysics of the Earth Custodians Movement is The Spiritual Science Of Vibration
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You have stumbled upon a key point. The fractional reserve banking system is the mainspring for our current financial fiasco.
We need only to return to sound money.
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