Category Archives: Nixon Shock

Why Is All Money Ultimately Fake? Economist Steve Keen Explains. Time to Break Your Conditioning.

In a post-Oxi appearance on the Keiser Report (episode #780), noted economist Steve Keen spoke about the Greek economic situation specifically, then about the nature of debt generally, and in so doing perfectly encapsulated what I recently have been chastised … Continue reading

Posted in Conspiracy, Crap-italism, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, Financialization, Keiser Report, Nixon Shock, Rentier, Reverse socialism, self-issued currency, Tyranny, Wage slavery, Wealth transfer | Tagged , , , , , , , , , , , , , , | Leave a comment

FAKE MONEY THEN AND NOW: IRELAND EDITION

Two pieces of information have struck me recently, both concerning Ireland at first glance, but really concerning all of humankind when you really think about it.  Let me discuss the second piece of info first, which is summed up quite … Continue reading

Posted in Crap-italism, Debt Slavery, Everything Is Rigged, fiat currency, Financialization, Nixon Shock, self-issued currency | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

SELF-ISSUED CURRENCY: THE WAY OUT OF DEBT SLAVERY

Check out this extremely relevant and important article from Washington’s Blog: 9 Mind-Blowing Facts About Money.    It is a great primer for those not familiar with fiat currency and the fact that modern currency is, without question, created out … Continue reading

Posted in Crap-italism, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financialization, Nixon Shock, Redistribution, Rent-seeking, Rentier, Reverse socialism, self-issued currency, Wage slavery, Wages | Tagged , , , , , , , , , , | 2 Comments

WHY NOT EMBRACE WORTHLESS CURRENCY?

Extremely interesting post from Sprott Money linked at Zero Hedge (Debt-Free Money: NOT A Solution, Zero Hedge, Feb. 10, 2015), in which the lawsuit of COMER v. Bank of Canada is evaluated.  I will confess that until reading the article, … Continue reading

Posted in Crap-italism, Debt, Debt Slavery, Everything Is Rigged, Feudalism, fiat currency, Financial Terrorism, Financialization, Nixon Shock, Reverse socialism, self-issued currency, Wage slavery | Tagged , , , , , , , , , , | Leave a comment

43 YEARS OF FAKE MONEY: MUST-WATCH VIDEO

Finally broke down and watched one of the videos I had been hearing about on the Peak Prosperity website.  This video was the 9th in a series of 27 and was appropriately posted last Friday, August 15, the 43rd anniversary of … Continue reading

Posted in Asset Bubble, Crap-italism, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, Feudalism, fiat currency, Financial Terrorism, Financialization, Foreclosure fraud, Keiser Report, Nixon Shock, Redistribution, Rent-seeking, Reverse socialism, Wage slavery, Wealth transfer | Tagged , , , , , , , , | Leave a comment

HOW FAKE MONEY BECAME LEGAL MONEY: THE AFFIRMATION OF THE NIXON SHOCK

Forty-three years ago today in what is now not-so-commonly known as the “Nixon Shock”, Richard Nixon ended the Bretton Woods system by ending the convertibility of Federal Reserve Notes to gold, thereby putting the United States—and the world—on the road … Continue reading

Posted in Bank of America, California, civil rights, class war, Conspiracy, Crap-italism, Debt Slavery, Everything Is Rigged, Federal Reserve, Feudalism, fiat currency, Financialization, Kangaroo court, Nixon Shock, Redistribution, Rent-seeking, Reverse socialism, Wage slavery, Washington, Wealth transfer | Tagged , , , , , , , , , , , , , | 2 Comments

DOES MONEY EXIST?

To answer the question in the headline–money exists as much as anything else that is completely made up out of nothing… Indeed, check out the above video from Time Magazine’s website.  What Time’s Justin Fox tells us at approximately 1:47 … Continue reading

Posted in Debt, Debt Slavery, Federal Reserve, fiat currency, Nixon Shock, self-issued currency | Tagged , , , , , , , , , , | Leave a comment

INSTEAD OF BANNING CASH, GO TO SELF-ISSUED CURRENCY

Apparently Kenneth Rogoff doesn’t think the banks and their kept governments have enough ways to screw us all over, so he is proposing a ban on cash: “Has the time come to consider phasing out anonymous paper currency, starting with … Continue reading

Posted in Asset Bubble, Conspiracy, Crap-italism, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, Financialization, Nixon Shock, QE unlimited, self-issued currency, Wages, Wealth transfer | Tagged , , , , , , , , , , , , , , , | 2 Comments

NOT NEGATIVE, JUST TRUE: “EXPENSES SOAR, WAGES STALL”

A few days ago, the website of The Washington Post ran a story with this headline–“Happy Days No More: Middle-class families squeezed as expenses soar, wages stall.”  No shit, Sherlock.  The article tells us the following: “Wages for millions of … Continue reading

Posted in Asset Bubble, class war, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, Feudalism, fiat currency, Financialization, Nixon Shock, self-issued currency, stock market, Wage slavery, Wages, Wealth transfer | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment