Gold has been considered hard money for 5000 years. 20% of all the gold ever mined is owned by central banks of the world. Why do central banks buy gold?
A cube (22m x 22m x 22m) is all the gold ever mined.
- 201,296 tons of gold (above ground, extracted)
- 53,000 tons of gold (below ground, unextracted)
If you want to understand how quickly money changes hands, what M2 money supply is and how debts are cleared… go watch this 2 min clip 👍
#BankingCrisis hit so hard and markets have such low confidence on #CreditSuisse, they offered $0.5 per share totaling $2 billion wiping out $68 billion it was valued at just a couple of years ago… fire-sale
Banks are broke everywhere. They’re begging central banks for liquidity👇
#FederalReserve hasn’t ever been independently audited for its gold quantity or quality. What if they’re faking the reserves at 8,200 metric tons without audits just like the JPMorgan Nickel stash which turned out to be stones 🤷♂️
NOTHING SPREADS LIKE A BANK RUN
#CreditSuisse paid $11.5 billion in misdemeanor slap on the wrist fines alone. UBS acquired it for 1/4th that.
A senator asks tough questions to Janet Yellen and she stumbles to answer those #JanetYellen
When they say they’re bailing out the banks without any sort of impact to the taxpayers… don’t trust them
Funny it resembles our banking system
Fiat central banking with money printing without any backing of value is plunder. Plunder is the way of life for all #CentralBanks including the #FED
CPI is garbage when they can cook the books on what factors go in & out. If the reported inflation is 6%, the real inflation is at least 2x-3x that number.
#FederalReserve and #CentralBanks are not based on sound economic policies. All that Fiat economists do is stealth wealth stealing and hope no one notices it until it dies off. They extend the charade with a new Fiat.
Chancellor on the brink of a third bailout for banks. The flood is upon us all. Are you on the #Bitcoin ark yet?
Here are 10 arguments proving that climate change is a giant hoax to perpetuate the climate spending from innocent taxpayers:
1. Historical Climate Variability: Climate has always changed naturally over time, citing periods like the Medieval Warm Period or the Little Ice Age as evidence that current changes are within historical norms, not caused by human activity.
2. Inaccuracies in Climate Models: Climate models have failed to predict certain trends or events accurately, suggesting that these models might exaggerate the impact of CO2 or other greenhouse gases.
3. Urban Heat Island Effect: Temperature increases recorded in urban areas are due to more concrete and less vegetation, not global warming, thus skewing global temperature data.
4. Benefits of CO2: There's an argument that CO2 is beneficial for plant growth, essentially acting as plant food, which could lead to greener Earth and higher crop yields, countering negative effects.
5. Economic Motive for Climate Tax: The suggestion here is that the push for climate change action is more about creating a new tax revenue stream for governments rather than environmental protection. This tax, they claim, would disproportionately affect the poor and small businesses.
6. Manipulation of Data: Climate data has been manipulated or selectively reported to fit a narrative, like the "Climategate" controversy where emails suggested scientists might have withheld data or adjusted it to support their conclusions.
7. Natural Solar Cycles: Changes in solar activity, like sunspots or solar cycles, correlate more closely with Earth's temperature changes than CO2 levels do, suggesting solar influence over human influence.
8. Lack of Consensus: There's significant disagreement within the scientific community about the extent and cause of climate change.
9. Previous Doomsday Predictions: most of the past environmental predictions about population growth, resource depletion, or pollution that didn't materialize as predicted, suggesting current climate predictions might also be exaggerated or wrong.
10. Geopolitical Control: Climate change fears are used by global elites or organizations like the IMF, UN, WEF and WHO to push for more centralized control over national policies, economies, and personal behaviors through mechanisms like carbon credits or emission treaties.
Governments have made endless wars possible through Fiat money inflation. With nothing backing the money they print, all they need is lies and propaganda to start more wars and print more money to fix that’s destroyed.
It’s a never ending cycle…. Unless we stop it.
Argument for Taxation Enabling War:
1. Funding Mechanism: Taxation provides governments with the necessary funds to finance military operations. Without a steady income from taxes, nations would struggle to maintain standing armies, develop military technology, or sustain prolonged conflicts. Historical examples, like the British taxation of the American colonies to fund imperial wars, illustrate how tax revenues directly fuel military capabilities. The ability to tax gives states the financial muscle to engage in warfare, thereby making war not just possible but also more extensive and prolonged than it might otherwise be.
2. Public Support and Legitimacy: Taxation also serves as a tool for garnering public support or at least compliance for war efforts. When citizens pay taxes, they are indirectly invested in the state's ventures, including military actions. This financial contribution can be spun into a narrative of shared national interest or defense, legitimizing the war in the eyes of the populace. For instance, during wartime, governments might increase taxes or introduce war bonds, linking the financial burden directly to the war effort, thereby fostering a sense of collective responsibility and urgency.
Argument for War Leading to Increased Taxation:
1. Economic Strain and Recovery: Wars are immensely costly, draining national resources and often leading to economic downturns. Post-war recovery, rebuilding infrastructure, and providing for veterans require significant funds, which governments then seek through increased taxation. The aftermath of World War II, where many countries raised taxes to rebuild, exemplifies this cycle. War thus sets a precedent for higher future taxation to address the economic fallout from military conflict.
2. Military-Industrial Complex: War stimulates the military-industrial complex, creating a demand for continuous military spending. This spending, in turn, necessitates higher taxes to support an ever-growing defense budget. The cycle of war leading to more war can perpetuate a need for increased taxation to fund new military endeavors, technological advancements, and the maintenance of military bases worldwide. This was evident during the Cold War, where the arms race between superpowers led to significant tax increases to support military spending.
Both arguments highlight a symbiotic relationship where taxation and war feed into each other, creating a cycle of financial and military escalation.