For those who prefer to not read articles, the "Cantillon effect", observed by Richard Cantillon: Counterfeiters are punished because printing money is the same thing as stealing. A counterfeiter does not print money only to stuff it under his mattress in order to feel wealthy. He knows that he needs to pass his fake money on to someone else in exchange for some valuable good or service. In this recent Mises Wire article,Frank Shostak refers to such action as getting something for nothing. Richard Cantillon observed that the first receivers of the new money benefit at the expense of all subsequent receivers — the Cantillon Effect. In arecent Mises Wire article Carmen Elena Dorobat explained that the Cantillon Effect can extend internationally. Therefore, nations accepting dollars for payment in the later stages of fiat money expansion suffer a transfer of wealth to the early receivers of the new dollars, mostly the banks and their customers in the US. On Mon, Apr 15, 2019 at 12:15:28PM +1000, Zenaan Harkness wrote:
(((they))) protect your^Btheir interests - [PEACE] Reply-To: In-Reply-To: <20190403015218.jbx5k7x4x3qsudi5@eye.freedbms.net>
We must ignore the Federal reserve banking system, all hold hands and sing By the Waters of Babylon if we are to survive financially.
There is simply no stable world possible without unlimited private-interest 'literal' money printing ala bank loans, QE∞ and bail-out, bail-in, give endless sums and more "too big to fail" sums, to the banks.
How could we possibly have capitalism if we outlawed the random private printing/counterfeiting of money?
This world simply wouldn't be the same...
Zerowedgie with Patrick Barron of "Mises Institute" (whatever that is) weighs in:
Counterfeiting Money Is A Crime - Whether Done by the Fed or A Private Individual https://www.zerohedge.com/news/2019-04-14/counterfeiting-money-crime-whether... Authored by Patrick Barron via The Mises Institute https://mises.org/wire/counterfeiting-money-crime-%E2%80%94-whether-done-fed...
A few years ago, shortly after the 2008 subprime lending disaster, the Fed sent a public relations team around the country to conduct supposedly "educational sessions" about how the Fed works and the wonderful things it does. The public was invited, and there was a question and answer session at the end of the presentation. One such session was held in Des Moines, Iowa. At the time I was teaching a course in Austrian economics at the University of Iowa, so I lusted at the prospect of hearing complete nonsense and having a shot at asking a question. I was not disappointed.
The educational part of the session lasted about an hour, and it became clear to me that the panel of four knew almost nothing about monetary theory. They may even have been hired especially for this grand tour, because all were relatively young, well scrubbed, and very personable--
… Finally, at the end of the presentation, those with questions were asked to form a queue and advance one at a time to a microphone. I was last in a line of about a dozen. Here's my recollection of what followed:
Me: You say that you (the Fed) have the power to increase the money supply. Is that right?
Fed: Yes.
Me: And you have indeed increased the money supply. Is that right?
Fed: Yes.
Me: And the money that you create was generated out of thin air. It wasn't there before, but it's there now. Is that right?
Fed (Getting nervous): Yes.
Me: And you say that creating this money out of thin air is beneficial to the economy. Is that right?
Fed (Now nervous as a cat on a hot tin roof): Yes.
Me: Then why do you prosecute counterfeiters?
(The audience, after a few seconds' delay,: Yeah, why DO you prosecute counterfeiters?)
Fed: This meeting is closed.
My point is that there is no difference in the economic consequences to society between the Fed creating money out of thin air and a counterfeiter doing the same thing. The difference is solely legal and one of scale. Private counterfeiters are punished, and rightly so, whereas the Fed is lauded for its actions. …
Do you 'member da Fed?
#RememberTheFed
On Wed, Apr 03, 2019 at 12:52:18PM +1100, Zenaan Harkness wrote:
The Fed be the only game in town.
Good luck, freedom.
Can USA survive in a world where sovereign states protect their own interests?
Now China is piling in to Venezuela, undoubtely having its own interests there, if nothing else, an interest in standing at least minimally in support of their trading partner Russia.
Surprise surprise...
China Sends Over 120 Troops To Venezuela In Defiance Of US Warnings https://www.zerohedge.com/news/2019-04-02/china-sends-over-100-troops-venezu...
Bolton might as well have said "America will not tolerate nation states having an interest in their own economic well being and in their own economic relationships in the world."
Not that socialism doesn't lead to financial collapse, every time, but the Federal Reserve and its minions set this game up - no point pretending to be surprised that the players don't want to give up their chips.
Due to this monstrosity of Lucifer known as the Federal Reserve banking system, "we" were not allowed to ally with our natural Russkie allies and were required to (continue to) act like thugs on the world stage.
"The Fed", aka (((TPTB))) play a mighty game, laying most or all chips on the table from one round to the next.
Then this one little trick called "protect my nation and people and fix up the morally abominable Goldman boys legacy" happened under the diligent watch of Putin.
"Do you realise what you have done now?"
It's an interesting thing - the Fed had all countries but a few, in the entire firetrucking world, bound in their system (and digitally connected through the BIS).
That was in the order of (financially) controlling 99% of the world.
But TPTB want 100% - total domination, and here's how this intention has played out over the last 2 decades:
Only Three Countries Left Without a ROTHSCHILD Central Bank! http://www.theeventchronicle.com/finanace/three-countries-left-without-roths... The Rothschild family is slowly but surely having their Central banks established in every country of this world, giving them incredible amount of wealth and power.
In the year of 2000 there were seven countries without a Rothschild owned or controlled Central Bank:
∙ Afghanistan ∙ Iraq ∙ Sudan ∙ Libya ∙ Cuba ∙ North Korea ∙ Iran
… The only countries left in 2003 without a Central Bank owned or controlled by the Rothschild Family were:
∙ Sudan ∙ Libya ∙ Cuba ∙ North Korea ∙ Iran
The Attacks of September 11th were an inside job to invade Afghanistan and Iraq to then establish a Central Bank in those countries.
Case Closed: JFK Killed After Shutting Down Rothschild’s Federal Reserve http://humansarefree.com/2013/11/jfk-killed-after-shutting-down.html
The only countries left in 2011 without a Central Bank owned or controlled by the Rothschild Family are:
∙ Cuba ∙ North Korea ∙ Iran
After the instigated protests and riots in the Arab countries http://humansarefree.com/2013/11/the-hidden-truth-behind-syria-and-arab.html the Rothschild finally paved their way into establishing Central Banks, and getting rid of many leaders, which put them into more power.
Complete List of BANKS Owned or Controlled by the Rothschild Family (As of 2013) Source: Humans Are Free http://humansarefree.com/2013/11/complete-list-of-banks-ownedcontrolled.html …
The FED and the IRS …
Rothschilds Want Iran’s Banks …
Related …
Always remember General Wesley Clark: https://www.youtube.com/watch?v=9RC1Mepk_Sw
https://www.globalresearch.ca/we-re-going-to-take-out-7-countries-in-5-years...
Increasing Number Of Countries Banning & Dismantling Rothschild Central Banks https://politicalvelcraft.org/2012/06/03/increasing-number-of-countries-bann...
[interesting link backed research timeline of Putin re Rothschilds in Russia]
The Federal Reserve cartel: The Eight Families https://hangthebankers.com/the-federal-reserve-cartel-the-eight-families/
The Banking System: Federal Reserve System https://www.investopedia.com/university/banking-system/banking-system10.asp
https://quizlet.com/226979883/ch4-federal-reserve-system-flash-cards/ https://quizlet.com/95975669/econ029-ch-13-central-banks-and-the-federal-res...
On Wed, Mar 27, 2019 at 11:12:09PM +1100, Zenaan Harkness wrote:
Did I mention hysterical? Do NOT chuckle at the USA, they just might drone you.
“Americans want to get back to grillin’ and Russians just want to get back to squattin’.”
CONFIRMED! Russia Sends Troops, Supplies and Advisors to Caracas https://dailystormer.name/confirmed-russia-sends-troops-supplies-and-advisor...
On Wed, Mar 27, 2019 at 10:58:05AM +1100, Zenaan Harkness wrote:
On Tue, Mar 26, 2019 at 04:23:44PM +0000, coderman wrote:
1 big thing: How Russia tampers with GPS ... But, but, but: It is clear that many of the instances largely serve Russian national interests.
- In Russia, C4ADS found that several spoofed signals came from areas where Russian VIPs (like President Vladimir Putin) were traveling or that contained military or domestic facilities Russia wants to protect (including a "multimillion-dollar 'palace'" reportedly built for Putin). - Those areas broadcast the coordinates of airports in places where there are no airports. - The spoofing was frequent enough that C4ADS reports the Russian internet firm Yandex had to redesign its ride sharing app. Otherwise, it billed passengers for sudden trips to the airport whenever their driver passed through a spoofed area. - Airports that mysteriously seemed to appear in the Black Sea were so disruptive that the United States issued a warning to international cargo firms.
Why airports? Many manufacturers of drones use GPS chips to prevent their products from flying into airport airspace. C4ADS suspects the spoofing was to prevent drone attacks or surveillance.
Meanwhile, Russia also used spoofing in combat zones, particularly Syria, to try to limit attacks against its installations.
Go deeper: [Read more, including how Moscow uses GPS hacking in battle](https://link.axios.com/click/16391119.5976/aHR0cHM6Ly93d3cuYXhpb3MuY29tL2hvd...).
If Russia were NOT protecting its national interests, that would be surprising.
If America were not likewise using their GPS satellite network in "interesting" ways, in their own interests, in places where America "operates" to "protect its national interests" - like say the 38 "named" bases: https://en.wikipedia.org/wiki/List_of_United_States_military_bases
or its nearly 800 overseas bases: https://www.politico.com/magazine/story/2015/06/us-military-bases-around-the...
The fact that there is filtering into the media of America's GPS shirtfruckery, sorry I mean Russia's, sounds like classic "Russkie guy bad" American propaganda. Le happy fun times in Venezuela come to mind :D
Venezuela regime-change champion John Bolton says US won’t tolerate foreign meddling in the country https://www.rt.com/news/454764-bolton-venezuela-hostile-powers-russia/
[Now THAT's hysterical!]
US Aid to Venezuela Appears to be a Trojan Horse for Invasion https://dailystormer.name/us-aid-to-venezuela-appears-to-be-a-trojan-horse-f...
CNN Says US Provocation Against Venezuela is Russia's Fault https://dailystormer.name/cnn-says-us-provocation-against-venezuela-is-russi...
Venezuela: Mysterious “Humanitarian Aid” Packages Contain Wire and Nails for Barricades https://dailystormer.name/venezuela-mysterious-humanitarian-aid-packages-con...
Maduro Says Visits by Foreign Military Aircraft to Continue Amid Tu-160 Arrival https://sputniknews.com/military/201812131070639781-maduro-venezuela-russia-...
Russian Tu-160 strategic bombers land in Venezuela after 10,000km transatlantic flight (VIDEO) https://www.rt.com/news/446125-tu-160-bombers-venezuela-land/
King Jew Bill Maher Cheers on Venezuela Coup to Stick It to Trump/Russia/Nazis https://dailystormer.name/king-jew-bill-maher-cheers-on-venezuela-coup-to-st...
Russia on military planes in Venezuela: Our specialists are there based on cooperation treaty https://www.rt.com/news/454815-russian-military-venezuela-foreign-ministry/