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Category Archives: Nomi Prins

Markets – by definition – should be CHAOTIC.

Not RANDOM – but CHAOTIC – in the Mathematical sense of the word. Patterns should exist, but in general they SHOULD still remain UNPREDICTABLE. Ideally, a FREE MARKET – is a Market which SHOULD behave CHAOTICALLY. Chaos LEVELS the playing field. It allows BIG investors to lose BIG sometimes – and the SMALL ones to win BIG – sometimes.

Big Investors LOATH chaos.

And that is why they LOATH the Free Market.
They prefer the odds to be in their favour – like in a Casino. They want the HOUSE to always WIN.

But here’s the problem: How do you get money away from people – who DON’T go to Casinos?

First, you invent this thing you call a “Bank.” Tell them that it is SAFER to keep their money there because you have this HUGE VAULT that no one can get into (except of course – you – The Bank!)

Then you loan out more money than is kept at the bank – using their savings as a “fractional reserve.” Already, due to this wonderful thing call “inflation” – the value of their SAVED earnings is depleted by the NEW loaned money. Every dollar created – draws its value – from EXISTING dollars. And the EXISTING dollar – comes from those poor risk-averse savers.

Now, you lend some of that money out to people who DO GAMBLE – knowing that they’d lose most of it. Now, since you’re lending out – more money than you have – by the time they come back with empty pockets your bank will be in debt!

If you’re a tiny little bank – the game ends here. Many, many tiny little banks end up this way… but it doesn’t matter.

You see, if you have friends in government – you can get this thing called a “bail-out.” Then you get to start this process all over again – this time using the money of your WHOLE COUNTRY – collected via taxes.

But even THAT isn’t enough for most rich folk. You see, there’s still a chance that you could lose money. If the politicians in power decide NOT to lend – you’re toast! And that is why, you have to make sure that whoever it is that’s in office – WORKS FOR YOU.

Enter Obama.

But let’s go even further. Let’s have this PRINTING MACHINE which can make as MUCH MONEY as it wants – and lets you “borrow” money from those OUTSIDE your own country.

Enter the Fed.

Unlike other banks – this Fed thingy – can NEVER GO BANKRUPT – since they print as much money as they want – regardless of what they have backing each bill. They don’t NEED to borrow but they make it seem – like they do. It helps keep the image of wealth intact.

So… now you have a “Bank” which can NEVER lose money. That sounds cool. Except…

What happens if all those who BORROW from the Fed – can’t pay their loans back on time?

That’s easy: Just Borrow NEW money (from the Fed) to pay back the OLD money. But of course, you’re going to have to borrow MORE money since the Fed charges INTEREST on all previously printed bills. (They say that it’s to pay off their own investors or, “bond holders” – most likely, mythic dragons sleeping on gold hoards.)

Now…. you’re borrowing money – to payback money which you have borrowed with interest?

Yes. And that’s the way it works – until your INTEREST payments alone – exceed what you are capable of earning. All this time – the Free Market – is shrinking, because you have LESS and LESS – FREE MONEY!

The cycle repeats until you are declared BANKRUPT.

Now that is how you turn into a slave – with NO PROPERTY and NO PROPERTY RIGHTS – not even over your own self. The FREE MARKET can only exist – if there are FREE PEOPLE buying and selling within it. Enslave the people – and the free market dies with them.

Why would the rich need free markets – when they have slaves – to get them anything they need – for FREE?

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