Central Bank Chicanery and We the Revenue Units

“Unfortunately, no one can be told what the Matrix is. You have to see it for yourself.” ~ Morpheus in the movie The Matrix.

The Oxford English Dictionary defines ‘chicanery’ as ‘legal trickery, pettifogging, abuse of legal forms; the use of subterfuge and trickery in debate or action; Sophistry, sophistry, trickery”. You don’t have to read the “legal tricks” to understand the overlooked impact central banks have on us, the revenue units. But perhaps even more worrying is the direction in which central banks appear to be moving.

A brief overview of the central bank’s role in relation to currencies informs us that one global monetary system dominates and controls all other systems in the world. Like the 800-pound gorilla in the living room, this fact is impossible to miss as soon as you see it.

Just as it is impossible to fully understand planet Earth without recognizing the role of the solar system that surrounds it, so it is also impossible to fully understand money independently of the monetary system.

The global monetary system is a network of 17 central banks around the world, of which the Federal Reserve Bank is the only one in the U.S. Banking, “borrowed into existence and repaid with interest. This formula, which the Federal Reserve brochure calls the “expansion multiplier.” , Modern money mechanics, multiplies the profits for the architects of the system and their cronies.

Currency seeps from the government level to commercial and local banks when a country’s government borrows money from its central bank. When a company repays a business loan plus interest (also known as debt service), it passes its bank loan fees on to its customers as increases in the prices of goods and services. Over time, “simple” interest becomes “compound interest,” which in turn drives prices up faster and faster.

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As a result, we, the revenue units, have to work progressively harder and pay more for the same basic goods and services that people paid much less for in the ’50s and ’60s. This exponential increase in the cost of living has been clearly visible in the real estate and insurance industries.

once in power, more Power is necessary to exist.

The economic meltdown of 2008 put the Fed to the test. It resorted to the desperate measure of dumping trillions of newly issued money into an ailing currency system via a series of quantitative easing (QE) to “stimulate” the economy and its position of power. Their monetary strategy happily led most Americans down the yellow stone path of semblance of recovery and prosperity.

But like the Wizard of Oz, appearances are often deceptive. In fact, the flood of new currency issuance contributed to a deeper depreciation of the dollar (now worth less than 3 cents). Going forward, the Fed would need to keep up with what quantitative easing had begun. In order to continue to ensure liquidity in the market, ever larger amounts of money would have to be fed into the system.

This is where it gets interesting. By all reports, the Fed’s tactic of maintaining ongoing liquidity has escalated to aggressively buying up public assets, corporate stocks and “toxic” real estate, which has contributed to the double-digit rise in the stock market. Increasingly drastic measures ensure a kind of expansion in which the economy runs the risk of being swallowed up by the financial sector. Think: further concentration of power.

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Here’s why:

“So central banks have a problem here, they are now ‘forced’ to buy assets to prevent market downturns, but one should ask the question, who will they end up selling to?” The answer, of course, is ‘no one,’ because there is no one big enough to take these assets off their books.” Bill Holter, central banks will destroy their own currency by doing what they are doing…creating currency and credit. From here, the faster they run, the faster the Boogeyman catches them! April 22, 2017

The Fed has the legal power to endlessly buy assets, which it can then drive up prices that virtually nobody can beat. Contrary to popular belief, and especially for the majority of Americans without wealth, a higher cost of living due to more inflation is not leading to a recovered economy.

As long as someone gets a paycheck, they seem to care little about the system that produces it, an ingrained system that owns and controls the ability to create an endless supply of money (new credit). If central banks decide to transition to blockchain technology, as discussed in my recent February and April blogs, it would not be a decentralized application like Bitcoin. Instead, blockchain technology would simply enhance the central bank’s already centralized system.

With each subsequent economic downturn, the Fed doubles to minimize the economic impact on society. Minimizing the economic impact means the Fed is taking ever more control of the situation to maintain its power and try to offset the ongoing, exponential depreciation of all fiat currencies. The central bank’s role is like a snowball that gets bigger as it rolls down the hill; I wonder if anyone sees what I see?

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“Only the small secrets need to be protected. The big ones are kept secret by public disbelief.” ~Marshall McLuhan, author