March 23rd, 2014, text rewrites and developed on October 26th, 2014 in August 2014.
burning obligation to restore the power citizen on monetary creation, introduction.
In 2014, after 7 years of financial crisis, the European states are subjected to austerity policies to try to decrease their national debts. The people understand that the tender with the leaders of the liberal economic system neo evolves to a real financial tyranny and that poverty increases since the states must reduce their public expenditure and increase the taxes in order to reduce their budget deficits weighed down by the weight of the financial interest. In April 2014, the new French Prime Minister declares once more that French lived with the top of their means, that public finances are in important deficits, that the national debt approaches the 100% of the GDP and exceeds the 2,000 billion euros, that it is thus necessary to refund our claims to decrease the debt and to find maneuver margins for the growth. In short, this political official like the leaders of the liberal ideology subjected to the power of Anglo-Saxon financial oligarchy, does not want to admit the reality of the economic crisis, which organized it, which directed it, which grew rich inordinately thanks to the crisis, how the financial ones organized the greatest holdup of the history through the permutation of the private banking debts in national debts of the states, how the banking system saved itself when the private central banks and in first the EDF used the board with tickets to eliminate in the assessments from their commercial banks customer the masses of toxic titles accumulated since the crisis from the subprimes in the USA. It is well this enormous creation of currency by the private central banks and primarily by the American Federal reserve (EDF) which has as a consequence that the banks left the crisis of 2007. On the other hand the states were not helped by the central banks deprived to eliminate their national debts which strongly increased because of the current financial crisis. This Prime Minister does it know that its bankers want to reduce the powers of the states to develop their world government and that the debts are the fortune of the banks, mainly the national debts which theoretically do not fear a risk of nonrefunding? In August 2014, the French government is well obliged to note that the hoped growth results rather in a real threat of deflation which makes even more difficult the refunding of the debt national. The citizens who follow the evolution of the economy and the financial crisis know that the US economy was preserved by the leaders of the EDF which is also the owners of the multinational firms whereas in Europe, the European Central bank refused to apply the same monetary policy with respect to the states and of the European companies. The French political leaders are obliged to take again on their account these arguments shared by more and more of citizens in all the countries even if they accepted in the past the independence of the ECB and the abandonment of the monetary policy to the service of the public policies decided by the states. The ditch was never so deep between the citizens who understood and who want to put an end this financial system and to liberal and the political leaders who do not dare to bring in work this radical change and durable to the level of the political regime whereas this appears in their attributions. Among the European countries, Switzerland through its direct democracy founded in 1307 is distinguished with its right of popular voting and the initiative Vollgeld (the positive money) proposes a modification of the Constitution of the Confederation to restore the power of the citizens on monetary creation, especially on the creation of the representative money whereas the Confederation has this power already on the creation of the fiduciary currency (metal coins and tickets). The Swiss citizens are thus in 2014 and 2015, the only ones with being able to ask for a voting to modify their constitution and to restore the power citizen on monetary creation. In the other countries, including France, this right to take initiatives popular remains prohibited at least since 1789 if not since on Friday, October 13, 1307 whereas during the summer 1307, in Switzerland, of the women and free men made oath be linked to defend their free cantons joined together in a Swiss confederation.
The initiative Vollgeld (positive money) is founded on ideas old and known but always isolated and devalued by the financial power. The basic principle is to eliminate creation from currency from nothing if not a decision of a private central bank which uses the board with tickets, in fact the American Federal reserve directed by the families of the Anglo-Saxon financial oligarchy which has as a program a world government controlled by richest (1% of humanity). The economic theories and monetarists who fight this domination of finance develop the principle that the credit granted by the banks must correspond to the amount of their deposits because it is well the uncontrolled emission of appropriations which allows the development of the speculative bubbles and the financial crises. These theories are attached to the school of Chicago.
“The Chicago Plane”: the idea forgotten to save the worldwide economy? Two economists of the Funds international currency recommend to withdraw at the banks their power of monetary creation. Explanations.
Point.fr - Published the 5/27/2014 at 12:16 - Modified the 5/27/2014 at 13:59
The idea is old. Rather liberal economists of the School of Chicago, the first of which Irving Fisher, had already proposed it in the Thirties to put an end to a system which had just given birth to the financial crisis of 1929 and the great depression.
Today, “Chicago Plan” is explicitly defended by the chronicler star of Financial Times, Martin Wolf, who recently devoted to it two platforms in the British daily newspaper of City. Its relevance to reform the current system was especially supported by two economists of the Funds international currency, Jaromir Benes and Michael Kumhof, in a work of 2012* (in English). This last came to explain its operation, Friday, May 23, to a floor of specialists in finance, at this meeting in Paris by the Foundation Maurice-Allais. Deceased in 2010, the single Nobel Prize of French economy (1988) had also put forward the idea to withdraw at the banks their power of monetary creation, just like Milton Friedman. …/…
(FMI)The appropriations make the deposits
Because in fact well the private banks, and not the central bank create the essence of the money supply, via the appropriations that they grant to the households and the companies. “Contrary to the dominant vision in the academic models, the banks are not intermediaries with the direction where they would collect the savings of people to lend it to others”, explains Michael Kumhof. By granting a loan, they create purchasing power, since they credit on an account with the money which did not exist before. According to this vision, in fact “the appropriations make the deposits”, and not, as one could have the intuition of it, “the deposits which make the appropriations”. The wages deposited in a bank would be in fact only one flow of the account of the employer towards that of the employee.
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The creation of the currency is thus well in the middle of the organization of the power in our representative democratic systems. This question is a demarcation line between the systems of being able and the network organizations whom we develop on fileane.com. In a participative local direct democracy that we name here network organization citizens of life, the design of the currency is thus also radically different from this currency created starting from the appropriations and which names the money debts, money debts which explains fast fabulous fortunes of the leaders of world finance and the bank in general as well as the impoverishment of the middle class and the rise of the inequalities in our developed companies. In opposition to the money debts, the full currency corresponds to the currency created by the national bank for financier in particular the new investments which ensure the growth and the sustainable development of this country. This currency corresponds well at the beginning with a revenue from taxes decided by the government and the elected officials of a country. From this starting point source of conflicts between the partisans of liberal capitalism and the partisans of the intervention of the state, we find the movements which want to reform the creation of the currency within the framework of a state. Their solution is known: the banks can grant appropriations only within the limit of their deposits, this new currency is thus guaranteed to 100% by their deposits. It is the Monetary System With Total Reserves (SMART), it is also the movement positive money in the United Kingdom or the USA, the movement full currency or Vollgeld in Switzerland or continental Europe.
We will not limit we to present these movements and to give our choice in favor of the one of them because we do not want to remain in these systems to be able which dominate us and because, on the contrary, we want to again develop our network organizations citizens of life. From this knowledge on monetary creation drawn from our system of liberal economic power, we will show how monetary creation and the management of the currency in a participative local direct democracy are organized. This design different from the currency goes much further the principles emitted by the school from Chicago but it however respects accurately the spirit of this economic movement: to use only the first two functions of the currency, the facilitation of the exchanges and the measuring instrument and to replace the function of hoarding and savings not by currency but by rights of use of the common properties produced by work. These economic mechanisms are not new also but they were the object of conflicts and wars because their spectacular success to develop a country meant inevitably also the setting with the variation and the nearest ruin of the power of Anglo-Saxon financial oligarchy, this elite which wants to control the world according to the law of its private interests. By restoring these economic mechanisms through the use of downward subsidiarity in the operation of the networks of life, we know that once more we will have to face these threats and these conflicts organized by the current Masters of the world, this chaos that they hold for us to dare to eliminate the tyrants and the governments subjected to their wills from world government from richest. It is then about a conflict between two cultures, two visions of humanity: humanistic culture and liberal culture. Our systems of being able are dominated by the liberal culture, our network organizations citizens of life rest on the values, the standards and the lifestyles of the humanistic culture.
Let us start by presenting these two cultures and the conflicts which existed up to now between them then we will see how to restore the power citizen on the creation of the currency in our network organizations of life, our participative local democracies.
chapter 1 design of the currency
in the two cultures which clash since industrial development.
To understand the burning obligation to restore the power of the citizens on monetary creation and finally to put an end to the liberal financial system which dominates the capitalist economy throughout the world, we must start by specifying the role granted to the currency in each of the two cultures which clash since millenia, the humanistic culture on the one hand which gives the priority to work on the capital and which in the flourishing companies used the mechanisms of the network organizations of life, and on the other hand the capitalist culture which gives priority to the markets and legitimates the maximization of the profits without limits for the companies which manage to dominate these markets through the power of their capital and of their inheritances. In this first part, we will also see the conflicts which occurred since the development of the industrial society for the control of this monetary creation. These conflicts are very instructive to show how the creation of currency without cost by a government makes it possible a country to quickly leave a war or an economic crisis and also how the leaders of world finance destroyed these uses of the full currency and assassinated the political leaders who put them in work. Then, in a second part, we will specify the rules which allowed and make it possible to finance a real economy founded on the fundamental humanistic value: work precedes the capital. We will be then able to show how the network organizations of life, the local democracies participative and the confederations which gather them, finance their activities without borrowing on financial markets and using the money debts which involves the deficits and the debts national.
The reader of fileane.com knows the history of the uninterrupted conflicts between the network organizations of life who developed the most flourishing civilizations and the systems of being able which started by coming to plunder the wealths of the network organizations then organized the domination of the people through military, police, theocratic systems of power and their centralized and despotic, tyrannical organizations of the power. It is a question here of proposing the role of the currency in each one of these cultures. As for the conflicts carried out by the international bankers to come to power on the monarchies and the people controlled by these monarchies, we presented them on fileane.com in the documents on our enemy rich person, the Masters of the world. It is a question here of proposing the practices used by the political leaders or the bankers in these conflicts.
I the role granted to work and the currency in the two cultures which clash still today.
Quickly let us take again initially each one of these two economic cultures founded on very different values and a design of the currency and which have clashed for several centuries, then starting from a lesson on the currency of the economist John Kenneth Galbraith we will come to the analysis from the obstacles to eliminate to clarify this combat against the current Masters of finance and to take again the power on the creation of the currency.To present these two cultures or theories which are in conflict in the current economic system, we use the description made by Erik S. Reinert in his book “How the rich countries became rich. Why the poor countries remain poor. ”, French translation with the Editions of the Rock, March 2012 and let us supplement we it with our remarks.
1) First culture: the culture which places the human being in the middle of the operation of the organisations.l
The humanistic culture was in particular defended by Abraham Lincoln in 1860 at the time of his election to the Presidency of the USA when it fights the liberal theory founded on the theory of Adam Smith. This historical event can be taken as locates to mark the starting point of a behavioral change of the international bankers with an aim of prohibiting until today, with a government to create itself its currency which it needs for sustainable development for its country and to force this government to borrow currency at private banks realising interests and political tender. The humanistic culture is however present in the history of humanity since most remote antiquity and it allowed the development of the most flourishing civilizations. It certainly isolated, is even prohibited by the leaders of the second culture, the capitalist and liberal culture, not to also tackle here the religious question and the prohibition of the source to know spiritual by the Catholic church of Rome since the Council of Nicée in year 320.
The humanistic culture, on the question of the currency, is characterized by the following values, standards and lifestyles:
at the beginning there are the social relations; work precedes the capital; what makes clean human beings, it is the creativity which allows the inventions and the discoveries; there are also the values of peaces and love which concretize optimal social relations and a clear and clear assertion: “there is not wealth, nor force that men”. Jean Bodin
Any work deserves a remuneration according to the provided skills.
The national currency accompanies the economic policies and industrial decided by the public authorities. The political leaders present projects or expansion plans which are as much of work, of discovered and of inventions to be realized. The pursued goal is well the short-term growth and sustainable development in the medium and long term, the full employment. The work and the productions of wealths realized are paid through the currency. The currency comes after work and facilitates the exchanges between the wealths produced by all and sundry.
The economic history shows that the industrialized countries developed initially by using protectionism then when their interior market was saturated, these countries opened with free trade with the advantage which them production equipment had reached the critical size, that they had developed of many competences and that their companies had exceeded their break-even point. It is one of the explanations in the way in which the rich countries became rich and the poor countries remain poor. The free trade is thus for the rich countries only the means of dominating the countries low in their prohibiting to develop by using the rules of protectionism initially.
Once a durable level of economic development reached, the level of production of the material wealths becomes sufficient and in fact the immaterial wealths (do not have a price) which continue to develop in a approach of total quality of the life on Earth. The goal is known: concretization of the values of peace and love. It acts then more than of a work but of a manner of living which also uses competences coming no longer from the intellectual source of knowing but from the spiritual source. This standard is found among people first and the flourishing civilizations, it is prohibited by system the liberal and capitalist economic power. The source of knowing spiritual is prohibited by the Roman Catholic church and the Christian religion as a whole. Work is organized thus on 3 levels: work essential to the life and survival, the realization of works transmitted to the future generations and which raise the standard of living, the political action exerted by each human being within the framework of its network of life or a participative local democracy.
To accompany economic development, the leaders must bring gold and money to beat currency or store money and gold reserve to guarantee the currency starting from the gold standard. The abandonment of the gold standard then the demonetization of gold after 1971 correspond to the phenomenal development of the financial power and the debt of the states as well as citizens with the massive use of the money credit debt to support the economic growth at the beginning and enrichment with final of Anglo-Saxon financial oligarchy.
To place at the disposal of a social group enormously of currency does not have any constructive direction because the limit of this organization lies in the quantity of work able to be used to produce the useful goods and services. Sustainable development rests thus on the full employment and the rise in the level of competences so as to produce not only the goods and services essential to the life and survival but also works which raise the standard of living and are transmitted to the following generations as elements of progress. The political action of the group members social determines the projects and the expansion plans and votes the budgets necessary to their realization. Then, on the banking technical plan, it is a question of calculating if the tax measures taken on the already produced wealths make it possible to obtain the quantity of currency necessary to the financing of the new projects or if it is necessary to create additional currency to pay this increase in production of wealths. The priorities granted to the full employment and the rise in competences, source of productivity gain, eliminate the risks of inflation related to a too important provision of currency for the economic agents. Keynes developed this design of the economy and as of the years 1925, he affirmed that in the year 2000 to guarantee the full employment, it would be enough to work each one 20 hours per weeks to obtain the sufficient financial resources to live each one of us with dignity with sufficient goods and of services. This logic was not put in work by the leaders of the financial system, all the citizens of the world can note it and regret it.
The leaders sought an instrument of universal payment to trade between country; gold then the money were used as measuring instrument of the wealths through the coin then to guarantee the currency paper. With industrial development and the mass production, the currency paper developed and was dematerialized to be more practical during the exchanges. The development of data processing and telecommunications generalized the use of the representative money (90% of the currency of a country) compared to the fiduciary currency (coins and tickets).
Confidence starts when the citizens know that when they are put at work, it is possible to be paid. The degree of confidence facilitates the speed of circulation of the currency in the economic channel between production and consumption and thanks to this speed of circulation of the currency between the economic agents, it is not necessary to put in circulation an additional money supply. In the event of crisis, the local currencies made it possible to the citizens to overcome the difficulties to live. The degree of confidence makes also possible the local currencies apart from the crises to support the development of circuit court of distribution and to support local employment, to modify the behaviors of consumption or the use of the services to the person in order to support better lifestyles (health, social integration, exit of drug, over-indebtedness, etc)
the currency is means of payment which adapt to the exchanges and accompany the evolution by the lifestyles.
The trade of banker has as direct responsibilities putting into circulation for the currency, the management the speed of its circulation between the economic agents, the operations of credit starting from the savings deposited.
Public finances use the taxation to reduce the specific inequalities and especially to finance the expansion plans or social protection (education, health, public services with the person) according to the decisions taken by the political action exerted through the participative local democracy or its synonym: the network organization citizens of life. If necessary, the Treasury directly creates the surplus of currency necessary to these productions of new wealths and the national Bank manages putting into circulation of the currency. This currency without cost for public finances takes the name of full currency, German Vollgeld. The financial competences highest are in the uses of public finances and less in the uses of the commercial bank.
Conclusion: if the currency remains means of payment impossible to circumvent, the logic of this culture which rests on the currency means of payment of the work which produces and distributes the wealths, is not currently used more because the liberal culture came to power in the operation of the political system, economic, social, culturel.
2) Second culture: liberal culture.
On the question of the currency, the liberal culture whose starting point is the theory of Adam Smith, is characterized by the values, the following standards and lifestyles (presentation starting from the book of Erik Reinert). This culture was born with the development from the trade between the continents and especially it was organized at the beginning of the industrial era. The legal bases of freedom of trade and industry as well as the sacralization of the private property and the elimination and the prohibition of the common property go back in France from the Revolution to 1789: the Declaration of the human rights and the citizen of 1789 sacrilizes the private property, the decree of Allarde and the law Le Chapelier of 1790 remove the intermediate organizations between the citizens and the leaders with the power in the name of freedom of trade and of industry, which legitimates the seizure of power by the new middle-class of business to the detriment of the whole of the citizens and legitimates the freedom of operation of the markets without intervention of the states, the invisible hand managing to satisfy the offerers and the applicants through a fair price.
At the beginning, there were the markets, the division of the labor results from a tendency of the human nature to… charging, exchanging and to exchange a thing for another….
The market is the meeting place of the offer and of the request, it is the contractual freedom which pushes an economic agent to come on a market to take part in the exchange.
Competition allows each economic agent to intervene on a market to improve the terms of trade between supply and demand. The state does not have to intervene in the operation of a market, on the other hand the world government exerted by the international bankers who have the most important multinational firms is necessary so that the whole of the markets become most competitive possible, i.e. create the most financial value for the actionnaires.
Following Adam Smith, four of the important concepts to understand economic development were isolated model dominating (humanistic and based on the priority granted to the work and the payment of the production work of wealths):
end of the extract of the book of Erik Reinert.
Work is not priority and source of social relations, it becomes in these doctrines, a quantity which has a price and which is exchanged freely on the job market. Better, work is also a cost which intervenes in the fixing of the selling price of a good or a service. When the positive economies of scale are not possible any more because of the saturation of a market, the negative economies of scale remain usable: for the same volume of produced quantity, it is a question of reducing the quantity of factors of production used, generally the technical capital is preserved (he is already deadened) and the reduction of the personnel costs through the lay-off then brings economies and a new productivity gain to very short-term (until the company does not decline and disappears in the medium term following several years from these bleedings on the level from competences). The power evolves of the system of authority to the system of effectiveness. The principle of the negative economies of scale applied to the companies is transposed to the level of public finances through the austerity measures taken by the governments to reduce the deficits themselves caused by considerable expenditure to refund the interests of the national debt while reducing these enormous public deficits. As long as the deficits and the national debts are not strongly reduced and that thus the financial ones did not recover their capital and especially the interests made up of the granted financings, any hope of strong growth to leave a country the austerity, is vain and ill-considered from the point of view of Anglo-Saxon financial oligarchy.
In light, the financial ones prohibit a country from giving to work the citizens who are private because they refuse to finance the project which organizes work. All in all, they generally refuse the payment of this work to the reason that this country is not competitive because it does not refund its debts rather quickly. The excessive use of the money debt is the only explanation to this report which revolts more and more citizens who wonder whether they are still free or become subjected to such a power but such is the rule of the system as long as it is not eliminated. The nearly exclusive use of the credit to finance the investments and the development projects corresponds to give to the private banks the power of decision in the control not only of the real economy but of very whole humanity. The leaders of world finance decide world location of production, they choose the countries which they for their low costs of labor, the countries which is necessary to use should be weakened because their level of welfare expenditures are a brake with the enrichment of the shareholders and the financial ones, the countries where they want to close industries and to leave the citizens to unemployment. Since the years 2010 and vis-a-vis the manifest risk seeing the citizens refusing the rises of taxes to refund the national debts, the leaders of world finance activate themselves to impose a new and exorbitant rule: if a state has difficulty refunding, the IMF and the private central banks will be able to oblige this state to directly take these refunding on the savings of the citizens: life insurance, savings accounts, investments in real estate, etc.
The private property also understands the private property of the means of production, which makes it possible to the entrepreneur to be sole owner of the wealths created by the employees who put except for their wages, are not entitled to anything else. This logic will be fought as of the years 1830 by the silk workers of Lyon which will carry out the engagements with the watchword: “to live free while working or to die as a combatant”. Admittedly they did not have to claim the power citizen to create the currency which characterizes a free citizen, a woman, a man, a canton, a city or a free country but this lesson were learned and the citizens who want to find their full and whole freedom, claim this basic right henceforth…. It seems that Marx also forgot to register this basic right in his vision of a company.
The currency is a value which is bought and is sold on the money market. It must be adjusted on the level of the international trade and the level of the exchange rate on the money market, this according to exports and of the imports from the country. The pay of the trade balance dictates the level of the course of the currency, the devaluation of the currency makes it possible to give certain facilities to exports but it is only one theory contradicted by the case of the USA, first world economic power and seat of the world financial power whose deficit of the trade balance does not have any more any other meaning that to prove that for the first world economic power, essence is to import all the wealths conquered on the worldwide markets with the financial investments carried out. At the time of the Asian crisis of 1997, the USA continued to buy the production of the countries of the South-East Asia and this allowed a fast way out of crisis for these countries while making profitable the factories built over there and the material credits which it is not possible to change country, knowing that quickly the investors will turn after 2000 to the production in Chine.
The leaders of a country do not have to intervene any more in the economic exchanges and the organization of the markets, in particular to satisfy with the politicking interests staff in order to be made elect or re-elect, which is a crippling obstacle for the leaders of the economic system and financier. The central banks must become independent compared to the states and thus the governments do not have any more at disposal the means of a monetary policy. They have nothing any more at disposal but the budget policies which are subjected to the constraints of the central banks and financial for the stability of the currency used in the world exchanges.
Richest have legal means to escape the taxes from the states and to create financial value without direct relationship with the real economy. The private money is managed firstly with the currency of a state and the defense of the revenue is priority on the level tax and financial compared to the labor incomes, it is the consequence of the necessary deregulation of the markets and mainly of the financial markets.Since the seizure of power by the families of the international bankers during the 19th century, the multiplication of the credit makes it possible the banks inconsiderately to grow rich: the money debt makes the fortune of finance especially when the fractional reserves of the banks become increasingly weak and the action leverage of the increasingly important credit, from where the crisis of 2007.
Modes of life
An interminable succession of economic crises, colonial wars of conquest and today neo colonial carried out by the transnational firms. The high frequency speculation creates speculative bubbles with repetition while exploiting the action leverage of the credit-loan to obtain fast and enormous profits. It is the finance casino which gets the upper hand on the financing of the real economy. It is easier to very obtain profits out of purse with short-term than to invest in factories or research centres by creating job in the short or the long term.
Hidden inflation, the digging of the inequalities on a level never yet reached in humanity: the 1% which grow rich without limits and the 99% which have more and more difficulty living to enrich with their work the 1%. Tax avoidance become legal, the evolution of the legal framework which allows speculative funds and with multinationals to make condemn states whose actions were contrary with their private interests.
The consumer society based on the credit leads to enormous wastings of resources which compromise the sustainable development of humanity. The loss of any legitimacy of the political community which to be maintained with the power cannot any more but follow the liberal doctrines and to subject to the power the financial ones.
The trade of banker of business to the services of the investors becomes priority with the trading on the world money markets. The democracy must become in conformity with the requirements of the markets, particularly with the requirements of the financial markets: to protect the revenue against inflation, to deregulate the markets to let upwards develop the speculation on all the consumer goods, including food, etc.
3) The passage of the humanistic culture to the liberal culture.
be explained by the difficulties of the industrial leaders.
The fundamental problems of a system of production are to avoid the obstacle of on production capacity not to produce goods and services which will not be sold because the markets are saturated. This situation was carried out in the years 1920. The factories which had functioned during the First World War to produce weapons and ammunition, often with a new female staff in the factories, with same operation after the war, were going henceforth to produce in mass of the consumer goods which in a few years were going to saturate all the markets. This situation was raised by Jacques Duboin who suggested the solution of the distributive economy: it was a question of using the positive economies of scale to make function the factories of the industrialized countries with their optimal output and thus with the cost price of the production low. The surplus not sold in the rich countries was to be exchanged with the poor countries to develop their standard of living what was going to bring economies on a world level by avoiding the questions of involuntary immigration since the poor countries, the main sources of the delinquency, the wars and the revolts of misery, the colonialism and the wars of liberation against the colonial countries, etc This proposal went in the direction of a world government by a company of the nations responsible and efficient. Of course of such prospects were contrary with the interests of the families of the international bank. We know the solution adopted by the capitalist leaders: the propaganda developed by Bernays, adviser in public relations of Rockefeller at his beginnings. Bernays will show that if the individual needs are satisfied by the mass production, the production can continue to increase since it comes to satisfy either the individual needs but desires which are unlimited as long as marketing will be able to create them for consumers who do not have the least idea of it. The first success of Bernays was to start again the production of cigarettes while managing to make smoke the young women. We are here with the birth of the power of Marketing in the companies of production of good and services.
After the Second World War organized since Wall Street, once the rebuilding of quite advanced Europe, the satisfaction of the desires began again of more beautiful with the effects of mode and the consumer society. This overconsumption pushed by futilities of the mode intended to create new desires, was facilitated by the development of the credit. The debt of the households pushed the economic growth and the fortune of the banks. We know the continuation of this finance strategy which leads us to the speculative bubbles and the disordered state of the financial markets to dope the short-term profits. The economic theories which claim that the cycles of innovations by destroying employment become obsolete to create new more productive jobs do not make it possible to solve the fundamental crisis of on production capacity and the increase in the structural unemployment in the industrialized countries. The blocking of the real economy which cannot guarantee the growth any more and of the important profits in the short run thus supported the development of the creation of only financial value and the research of the profits on the financial markets. The economy casino answers thus the pressing desires of those and those which want to place their fortunes in financial investments able to bring back rates from 10 to 15% of output or 25 to 30% as in 2012 for the values in Bourse.
The power of Anglo-Saxon financial oligarchy had consequently between its hands all the assets to conclude its its goal: domination of the world in a world government exerted by richest, i.e. families of the international bankers. This domination could develop more quickly and universally through the use of data processing and telecommunications, the revolution of the Internet. They are the scandals of pure finance made possible by the use of the trading high frequency, of the speculation downwards with action leverages enormous starting from mainly borrowed speculative funds which have to break the veil which a long time hid with the citizens the genuine and predatory mechanisms of the leaders of the liberal system. The money debt returns subjected and slave the populations. We checked it us even: at the time of a strike, the services of the prefect communicated following the management of the firm information coming from Banque de France: all the union representatives and staff representatives at the Works council had not finished refunding the loans of their residence, therefore they could not strike more than two weeks without seeing a threat exerted by their bank on their house. Indeed, the strike was even much shorter and was not used for nothing. Let us note that in Germany, the strikers are paid the days of strike by their trade union but it is another debate. The world government corresponds to the will of the Masters of the world to use the dogmas of the liberal doctrines and they do not hide any.
II conflicts between full currency and money debt.
In economy, the explanation has been clear for a few years; it is many consequences the will the new Masters the world, Anglo-Saxon financial oligarchy, to control the world according to its exclusive interests. The method used by a banker to dominate monarchies, the princes and their people is known since centuries, particularly after 1307, we will return there. Admittedly there is an opportunist choice carried out by the Masters of the world: is it necessary to start with an economic crisis and financial then to then use the wars and their requirements in enormous financings for the production for the armament, balances it combatants, for the rebuilding of the countries devastated by the wars? Is it necessary to start rather with regional wars which will start world economic crises, it is necessary to use these two means to go at the same time more quickly VAr the maximization of the profits? Is it necessary to develop new weapons to protect the rich person and to make impossible all new invasion of the barbarians, to reduce the world population according to the theses Malthusians? The Masters of our systems of political power, economic, theocratic and military do not have other solutions to defend their interests. And to dominate the people, to finance their companies of social influences founded over the freely if possible authorized tender if not usual conformism, these leaders need a fundamental weapon in the middle of their system of domination: power to create the currency.
In economy, the course on the currency relates to the 3 functions of the currency: instrument of exchange, measurement of the wealths produced by the work and means of savings or hoarding. The function of savings always posed problem because it withdraws economic channel of the currency which is not used any more with immediate consumption and thus for the economic activity. Admittedly the savings before being used for a differed consumption will seek to bear interest through the loan of currency to other economic agents. The difficulty occurs quickly when the savings and the wealths accumulated by agents have an important level such as this currency is not used more for consumption of goods and services produced in the real economy because these savers are sufficiently rich to satisfy all their material needs. Freud and Keynes were lengthily questioned in the years 1930 on what pushed these rich person to want always more currency and straightforwardly to want to have only the power to create the currency to dominate the world in a way obsessional and insane by organizing economic crises and financial, world wars to sit their world government of the richest 1% on the 99% remainder of humanity. This domination through the power of monetary creation especially accelerated with the industrial era and the mass production, when to ensure the economic exchanges of the produced wealths, it was necessary to add to the fiduciary form of currency (coins and tickets of currency), the form of representative money and the creation of currency starting from the appropriations emitted by the banks. As of the years 1770, the fights were burning between partisans of a public bank having only the power to create the whole of the currency and in favor of a private central bank directed by powerful families of international bankers. This conflict saw at the 20th century the victory of the families of bankers over the citizens and their representatives even if resistances to this political and economic imposture, social, never ceased denouncing this nonsense to use the currency either like a means with the service of the real economy but like an end in itself to make it possible to some families of bankers to dominate the world.
1) conflicts in the United States of America to use the currency full and not to depend on the power with financial international.
a) Thomas Jefferson and Andrew Jackson
At the beginning of the 19th century, the debate on the constitution of the United States of America of North raged around this question. Among the founding fathers, Thomas Jefferson refused with energy the domination of a central bank deprived with the hands of financial of London and Europe. We briefly take again two extracts of our Web page on this question: “I have as a conviction that the banking institutions are more dangerous than the standing armies….If one day the American people let the private banks control the emission of currency, the banks and the companies which will set up around him, will deprive it of its properties until his/her children awake without shelter on the continent that their fathers conquered. ” Thomas Jefferson
It is certain that Jefferson knew the will of his adversary:
“Let me decide and control the regulation of the money supply of a nation, and I card-index myself what makes the laws. ” Mayer Amschel Rothschild, founder of the dynasty of bankers of the same name.(1744 - 1812)
Our political leaders were warned since centuries, in particular by Nobel Prize of economy. Maurice Allais - Nobel Prize of economy - proposes: “Any monetary creation must concern the State and the State alone: Any monetary creation other that the basic currency by the Central bank must be made impossible, so that the” false rights disappear “currently resulting from the creation of bank money. ” and he adds “Essentially, the monetary creation ex nihilo which the banks practice is similar, I do not hesitate to say it so that people understand well what is concerned here, with the manufacturing of currency by coiners, so precisely repressed by the law. Concretely it leads to the same results. The only difference is that those which benefit from it are different”. We specify that this monetary creation “ex nihilo” by the commercial banks about which Maurice speaks Allais accounts for 93% of the money supply to date m3 (the fiduciary currency + savings of the household + savings of the companies, i.e. sums of which they have for their current transactions according to their level activity) in circulation in the euro zone, but obviously that “ex nihilo” does not mean “without rules” or “guarantees”… with regard to the banks it acts well of a “monetization” of claims or credits. There are other famous quotations on this fundamental question of the power to create the currency. We quote recent.
“To print counterfeit bills is illegal, but the creation of money by the private one is not it. The interdependence between the State and the banks which can create money is at the origin of much instability in our economies. That could - and would have - be prohibited.” By thus starting its leading article in Financial Times, last Thursday (ndrl: April 24th, 2014), Martin Wolf could not do a better favor for the Monetary association Modernization “MoMo”, which wants to entrust the monopoly of monetary creation to the BNS (Swiss national Bank).
However the will of Jefferson was not followed of effect because Washington elected with the Presidency yielded to the pressure of Hamilton so that a private central bank is established. Hamilton presented its project to support a public credit with the service of the development of the nation but in this project, the public appropriations were well granted by deprived bankers not American and resident in London who certainly had enormous financial interest to see thriving the development of the USA. The “second bank of the United States” was authorized during one 20 years period during the mandate of James Madison in 1816. Once chairs, Jackson worked hard to repeal this law in order to create a true federal bank, which in the interest of the people, would be under the control of the State. On July 10th, 1832, Jackson puts its veto at the creation of a central bank. It puts then, as of its arrival with the presidency, its veto with the renewal of the central bank created by Hamilton in order to be able to put an end to the national debt and to reinforce the federal power. It is surrounded advisers whom it trusts and with which it makes up its minds. The same year, Jackson paid the final amount of the national debt. It was the first and the only president to have achieved it. The crisis is solved in 1833 by a strong fall of the customs duties and mark the victory of the individual interest of the States over the federal government. Its resistance to the forces of money which he regarded as very dangerous was so crucial in its eyes which he made engrave like epitaph: “I killed the Bank” on its tomb stone. Andrew Jackson was called Old Hickory (old walnut tree) in reference to the solidity of the wood of Hickory.
b) Abraham Lincoln
“work precedes the capital. The capital is only the fruit of work and it could never have existed if the work world had not first of all existed. Work is higher than the capital and thus deserves a greater consideration (…). In the current situation, it is the capital which all the power and should be reversed this imbalance holds”. Abraham Lincoln understood well the imposture of finance and the liberal economists who privilege the capital, the revenue resulting from work on work itself so as to legitimate the flight of the wealths produced by the workers with the profit as of capitalists, private owners of the means of production which divert the property common of the intermediate goods to their only profits.
Otto Von Bismark, Chancellor of Prussia, following the assassination of Lincoln in 1865: “I fear that the foreign bankers entirely dominate the abundant wealth of America […]they will not hesitate to precipitate the Christian States in the wars and chaos, in order to become the heirs to the whole ground”
“If people of this nation understood our banking system and monetarist, I believe that there would be a revolution before tomorrow morning”. Henry Ford, which did not prevent it from continuing its racist ideas and its support for the selection of in particular Aryan elites like its economic cooperation with the Nazis.
Before seeking to know if the revolution to begin again on the level of the citizen and his representatives the power to create the currency which needs the real economy to ensure a sustainable development of humanity, is for “before tomorrow morning”, there is an event in the history of the 19th century in the USA which marks the starting point of the seizure of power by the families of international bankers on monetary creation in the Western countries then on a world level; it is the American Civil War in the USA in the years 1861 to 1865 when the Southerners to defend their system of slave power refused the election of Abraham Lincoln and his will to remove slavery within the Union.
American industrial development in the years 1830 to 1860 was done during one time when there was no private central bank but the public bank of the Union of the United States. Let us add that this industrial rise was also carried out within the framework of economic protectionism, the enormous interior market was enough then to make the economies of scale source of considerable productivity gains. In 1861, at the time of the American Civil War, however the United States was again involved in debt of 100 million dollars. New president Abraham Lincoln was also played of the European bankers while making print famous “Lincoln Greenbacks” to pay the invoices of the army of North. In 1862, by the vote of the Legal Act Tender, Abraham Lincoln will return to the art.1 of the Constitution and will create the dollar “Greenback”. Thus it been able, without increasing the national debt, paying the troops of the Union. The newspaper of Rothschild “Times of London” wrote in 1865: “If this malicious policy which has its origin in the republic of North America, were to become with long fixed reality, then this government can provide its own currency without cost. It will pay its debts and will be without debt. It will have all money necessary to provide for its trade. It will become prosperous beyond all that was seen up to now in the history of the civilized governments of the world. The know-how and the wealth of all the countries will go to North America. This government must be destroyed or it will destroy all monarchies of planet.”
The law on the national bank of 1863 D founded the American central private bank and of the goods of war of Hunting were emitted. Lincoln was re-elected the following year, swearing to repudiate this law after having taken its functions in 1865. Before it can do anything, Lincoln was assassinated with the Ford theater by John Wilkes Booth. Booth had important connections with the international bankers. His/her little girl wrote a book “This act insane” which in detail describes the relations of Booth and its contacts with “mysterious Europeans” right before the assassination of Lincoln. The continuation of this history is on our site as on other Web sites. Let us retain the lesson of the family Rothschild of London: monetary creation without cost by a government is the method to become prosperous beyond all that was seen up to now in the history of the civilized governments of the world. This question and this solution are thus essential to guarantee a sustainable development in a flourishing and humanistic civilization.
This method to become prosperous that the bankers of world financial oligarchy prohibit to the citizens and to their representatives rests on an obviousness: when the citizens and their governments decide to create wealths of developing the work and the level of competences of the whole of people, the currency is the instrument of payment of this work and through this work, each citizen has a sufficient income to live and take part in the trade of the goods and produced services. The currency and the capital, the accumulation of wealths are secondary compared to work. The assertion which the value work precedes the value capital is fundamental in the culture humanistic which places the human being in the middle of the political organization, economic, social, cultural. To grow rich without limits, the leaders of the economic system and financier use the liberal culture which gives priority to the market and its free operation to the profit as of richer and of most powerful or according to the current vocabulary, with the profit as of more competitive i.e. with the profit of those which earned more money, much more than the others less competitive… and more humanistic.
c) J F Kennedy
For the list of the political leaders who set up monetary creation without cost by a government, it is still necessary to add the case of the President J F Kennedy which gave the order more not to borrow to the EDF but to emit the currency by the American Treasury.
On June 4th, 1963, Kennedy signed the executive order 11110 which rather asked for the emission of 4,292,893,815 (4.3 billion) of American dollars by the Treasury than by the traditional system of Federal reserve. The same day, it signed a law proclaiming that the tickets of one and two dollars were to be convertible in gold and not in the money, which made it possible to reinforce the weakened American currency' .
Kennedy was perfectly aware of the degree to which the system of Federal reserve had usurped the Constitutional law of its nation to print currency and its capacity to control its currency. He also knew that it was there the largest challenge which arised to its administration.
Like Abraham Lincoln and Andrew Jackson, it was conscious of the consequences which would have its attempts to give the monetary control to its place of right, i.e. between the hands of the Treasury. Although it has the statutory authority which enabled him to act, Kennedy understood that its battles would not be without victims, and that it would have great chances to leave there losing within sight of the untouchable power and of the omnipresent influence his formidable adversaries of the EDF.
“When president John Fitzgerald Kennedy… signed this executive order, this power was turned over to the federal government, more precisely at the Department of the Treasury, which has the Constitutionnel power to create and emit currency - without passing the Bank of federal reserve. The executive order 11110 of president Kennedy gave to the Department of the Treasury the right ` to emit certificates on the money against money ingots, money or dollars money'. That wants to say that for each ounce of money which was in the trunks of the Treasury of the United States, the government could introduce new currency into the economy. Consequently, more than four billion dollars American tickets entered in circulation in denominations of 2 and 5 dollars. The tickets of 10 and 20 dollars did not never circulate but were being printed by the Department of the Treasury when Kennedy was assassinated. It appears obvious that Kennedy knew that the Federal banknotes which were used as a legal exchange were contrary with the Constitution of the United States of America.
Kennedy knew that if the tickets supported by money started to circulate in great quantities, they would have ended up eliminating the demand for tickets from Federal reserve. It is a simple rule of the economy. The tickets of the Treasury were convertible in the physical money, and the tickets of Federal reserve were supported per nothing which has an intrinsic value. The executive order 11110 could have prevented the debt of the United States from reaching its current level (the quasi-integrality of the nine trillions of dollars of federal debt of the United States were generated since 1963) if Lyndon B. Johnson or the presidents who succeeded to him had decided to make it come into effect. It would have made it possible the government of the United States to refund its debt without passing by the private Banks of Federal reserve and to have to pay interests on the ` new currency'. The executive order 11110 offered to the United States the capacity to create once again their own currency supported by the money and a currency which was worth really something.
According to my own research, five months only after the assassination of Kennedy, plus any certificate on the money of 1958 were not emitted, and the others were withdrawn from circulation. Perhaps the assassination of Kennedy was a warning statement intended for the future presidents who were likely to be tempted to interfere with the private control of Federal reserve on monetary creation. It seems rather obvious that Kennedy disturbed the powers which hide behind finances of the United States and the world'. - JFK Vs The Federal Reserve by John P. Curran (4-19-7) source: https://resistanceauthentique.wordpress.com/tag/en-argent-metal/
2) the German miracle between 1933 and 1938
However this method of monetary creation without cost by a government is able to leave a country the economic ruin into 3 or 4 years when its citizens are qualified and can work together. The demonstration of the effectiveness of this method was bright at the time of the “German miracle” between 1933 and 1938. The Schacht minister had used, into 33, a technical system which had made it possible to start again the German economy and made it possible to put at work over this period five million unemployed. Schacht resigned besides into 36, when its system started to be used to manufacture military guns, tanks and planes instead of roads, of cars and hospital !
The book of Francis Delaisi, the European Revolution, is appeared in full war, in 1942, in praise of the founded German economic system - not on the Gold Standard or the dollar - but on the PROFIT-SHARING one - in radical opposition with the stock exchange speculative system of Anglo-American of London and Wall-Street which were seen at a stretch removing any possibility of speculation and financial influence on the German economy. Following what the Jewish press hastened to declare the boycott of the productions coming from Reich, and the governments allied held up the ultimatum in Germany: return to the Gold Standard, or the war…./…
Hitler replaced the foreign trade based on the currency by a barter trade: goods against goods, so that the currencies fell in disuse. Associated with the necessary public investments these measurements had as consequences one fulgurating reduction in unemployment and a strong increase in the trade with the countries concerned…./…
That brought more stability and of ease in Reich, which was very unpleasantly felt by the powers of the West, more especially as they feared that the new German economic system based on “Value-Work” can one day have a very great success in the world and supplant the empire of the dollar coupled with the Gold Standard. The powers of the West wanted it at no price and they started to prepare the war against Allemagne.
document: the European Revolution of Francis Delaisi:
A first part makes excellent description of the genesis of the crisis of 1929 in the United States and the limits of the gold standard.
Then the description of the methods comes used in particular by Dr. Schacht allowing this rectification by giving up the gold standard. Initially the passage of a liberal economy to an economy directed with Plans over 4 years.
urgency to give 6 million unemployed to work by a policy of great work on projects which employ a maximum of persons (working houses, highways, channels, buildings etc…)
fixings of prices of sale interiors of the imported products.
to maintain a system of ration coupons on the vital products
to establish a system of international barter
if the cost of living increases, to reduce the volume of tickets in circulation and vice versa
to increase the taxes with fur and measures that the standard of living allows it
creation of the “draft work” with 3 signatures, nondiscountable by a private bank, which allows the realization of the great projects without any capital investment at the beginning. This returns to a kind of loan post work, they are “goods of supply of labor” “Work Supply Bills” WSB…
However the approach of Dr. Schacht applies well better to peace than with the war, since the recipients of the bombs do not have the taste to buy them to the enemy. Moreover, in time of war all the economic modes are worth about, industries turn to full capacity.
Schacht, knew to him to do it not only in peace, but WITHOUT Rise in prices… However, if it reached that point, it is because it had understood two small things:
1) The PRODUCTION OF the MATERIAL WEALTHS CONSUMES ONLY GREY MATTER, RAW MATERIALS AND WORK AND THEIR SALE BRING in MONEY TO the PRODUCTEURS.
2) the PRICE OF the PRODUCED WEALTHS AND the MONEY WHICH THEIR SALE REPORTS ARE the TWO TERMS Of an EQUALITY
In other words, Schacht knew that it is enough to spend Enough money to find some enough: neither too, nor too little. Any risk of inflation or deflation disappears spontaneously, the equivalence of the expenditure and the resources resulting from a constant mathematics.
Knowing that it could spend without fear, it had become easy to him to equip Germany with a fantastic industry while enriching the Germans. But it enriched them well better by equipping them before June 36 with residences, roads and cars that with the tanks and submarines who followed.
First half of the economic boom holds very whole in the practical application of a small equation: P = V.(price of the produced wealths = money that the sales report).It remains us to see second half.
But what means that? How would the right level of the expenditure be calculated? How would one never spend always enough and too? The answer holds so that it is not need for any calculation: the limit is provided by the producing capacity and the deadlines which it induces. When the request exceeds of much the offer of a category of goods, the delivery periods lengthen and one is well informed.
But what must still hold our attention, it is the singular side of the Hitlerian economy. Other dictators concentrated in their hands of the powers as exorbitant as them his. Those which reigned behind the iron curtain were omnipotent still. However, they remain far from getting results approaching those which, in seven years, made of an almost small and almost poor country most powerful of all the nations (none would have been, with it only, able to hold head in Germany). How to explain facts also surprising?
Nothing is simple any more Schacht knew what distinguishes the group decision from the private decision. He knew the capital macro-economic function of the currency in what it was neither to miss, neither to be expensive, nor to be in excess.Thus it created the “Mefo effects” drawn by industrialists on Metaliforschung whose signature was guaranteed by the State. They were very criticized by the orthodoxe economists but produced amazing effects.
the “draft work” with 3 signatures,
nondiscountable by a private bank,
who allows the realization of the great projects without any capital investment at the beginning.
This returns to a kind of loan post work,
they are “goods of supply of labor”
« Work Supply Bills » WSB...
More explicitly: The State decided the launching of a production of national material wealth (a hospital, for example). It emitted, with the company chosen, the “mefo” corresponding to the total costs, without any interest. These “mefo” was refundable by the state bank, in Deutschemark, as the realization, which is that of the selected company or that of a company under treating which received the “mefo” of the company project superintendent. The “mefo” of the various producers of the chain, exchanged against Deutschemarks, were then used to pay the wages and the benefit, in “real currency”. The German State spent its deutschemark only as the “production”, and these deutschemarks returned to him COMPLETELY in its cases, by the cycle even of the currency, which we will see later. We find in the “mefo effects” something of relatively similar to the currency of SMART, but at the level of a nation.
Schacht said mefos: “They are perhaps not good commercial drafts within the meaning of the law on the bank. But the situation is desperate. The object of these effects is to restart the trade and industry”. To stumble itself with a simple matter of words, compared to 29% unemployed and of a similar economic depression had been a true crime of political economy.
Under these conditions, it became easy with the Germans to be put at work. The coordination of the efforts was done spontaneously. Private initiative was encouraged, rewarded, exploited thoroughly. On the economic ground, Germany was the seat of the first mode which was as liberal as possible on the plan where it is advantageous for all: that of private initiative. From where the “German miracle”.Such are the two simple secrecies which made it possible Hitler to as well make such a terrible evil.
Extract of: “An approach stock-flow of monetary creation”, Jacques Mazier and Dominique Plihon (dismayed Economists)
In a first stage, the State emits the good WSB (” good of supply of labor ““Work Supply Bills”) and finances the increase δ in public investments pIG while being involved in debt near the companies which make them credit of ΔWSB (+δ). They increase their pY production δ and pay wages W (in rise of δ'). But they cannot finance these wages (and release from the Aut profits in rise of δ'') only because they discount in a second phase their good WSB near the banks which make them a credit ΔLE for an equivalent amount (δ). This credit with the companies by discount compensates for the credit carried out by those with the government. In a third stage, the banks are refinanced near the central bank by rediscounting the good WSB. The two writings of WSB of stages 2 and 3 in the active and of the banks are compensated. In fine it is the central bank which carries the financing of the State since after compensation, WSB is found in the passive of the State and of the central bank (in variation in the tables below).
There was, on the one hand, at stage 2 creation of representative money when the banks made credit with the companies and, on the other hand, creation of currency central bank through the refinancing at stage 3. The mechanism based on the emission by the State of these goods of supply of labor (WSB) was of a great effectiveness because it rested on public investments and mass production of goods of a particular type (of the armament but not only) that the German productive apparatus could produce.
The resumption of the economic activity however encountered constraints analyzed well by Kalecki, bound in particular upwards of the imports of raw materials and with the difficulties of financing because of the fall of German exports in Europe in crisis. This recovery was not based in addition on an important rise of the household consumption. Employment progressed, strongly lowered unemployment, but the real incomes per capita stagnated and the profits exploded.
It does not remain about it less than in 1938 Germany, however country with the departure more touched by the crisis with the United States, was the only one with being really left the crisis. Nauseous, but quite real report.
Starting from a base 100 in 1929, the production in 1938 was of 130 in Germany, 104 in the USA, 117 in the United Kingdom and 93 in France (of other factors are obviously to take into account, in particular the policy of exchange, disastrous in the case of France).
145 - Janpier Dutrieux: 1933 December 22nd, 2010 the German revival
Rectification of Germany of 1932 with 1939
|Years||Registered unemployeds with the Offices of Work
(of billion Reichmarks)
(source: Ernst Wagemann, From which comes from where this money?)
In these memories, Schacht stressed that it “had envisaged this recovery package for five years so that the Méfo effects could be prolonged five years. In this manner the importance of rearmament was limited by a barrier intervening automatically. After five years, the refunding of the Méfo effects was to start, and the sums necessary from now on would be lost for the budget and should thus be taken on other expenditures, rearmament was precisely of those. All these considerations had their full significance a few years later, when I have the impression which rearmament was going to exceed the normal level of time of peace. This would have been prevented by my plan, if Hitler had made deviate the policy of the Bank of Reich”. Schacht resigned of its post of minister of the economy of 3rd Reich, at the end of 1937, and was relieved of the presidency of Reichsbank on January 20th, 1939, which made it possible Hitler to oblige the Bank of Reich has to authorize any crédit.
end of the document.
document: How Hitler defied the bankers, extracts:
Hjalmar Schacht, a Rothschild agent who was temporarily head of the German central bank, summed it up thus: An American banker had commented, “Dr. Schacht, you should come to America. We’ve lots of money and that’s real banking.” Schacht replied, “You should come to Berlin. We don’t have money. That’s real banking.”.../...
Makow quotes from the 1938 interrogation of C. G. Rakovsky, one of the founders of Soviet Bolshevism and a Trotsky intimate. Rakovsky was tried in show trials in the USSR under Stalin. According to Rakovsky, Hitler was at first funded by the international bankers, through the bankers’ agent Hjalmar Schacht. The bankers financed Hitler in order to control Stalin, who had usurped power from their agent Trotsky. Then Hitler became an even bigger threat than Stalin when Hitler started printing his own money.
(Stalin came to power in 1922, which was eleven years before Hitler came to power.) .../...
“Hitler took over the privilege of manufacturing money, and not only physical moneys, but also financial ones. He took over the machinery of falsification and put it to work for the benefit of the people. Can you possibly imagine what would have come if this had infected a number of other states? (Henry Makow, “Hitler Did Not Want War,” March 21, 2004).
The German monetary policy made panic Wall Street and City of London.
“The unforgivable crime of Germany before the Second World War was its attempt to withdraw its economic power of the world commercial system and to create its own mechanism of exchange which would deny the world financial advantages. ” (Churchill, “the second world war” Bern 1960).
“The two leading causes of the Second World War were: initially, the success of the German system of barter. Secondly, the decision of Hitler not to accept foreign loans. Its declaration which the German company would be carried out in the same way that an honest tradesman caused a true panic in the financial circle. (Francis Neilson: “Churchill Legend”, p 296.).
Marriner Eccles of Federal reserve, and Montague Norman, president of the Bank of England, concluded an agreement in 1935 on the strategy to be used to crush, by all the means, including the war, if necessary, the financial experiments of Hitler. (“Word” of Glasgow, 3/8/1949).
The large bankers are alarmed by successes of the financial policy of Hitlerian Germany, in the same manner that there are several generations their families were terrified by successes of the natural economy of Lincoln and Napoleon. What would have been a creditable progress for Germany and other countries were in fact the leading cause of the Second World War. The fight between the rival monetary policy was inevitable. (Carnelius Carl Veith, “Citadel of Chaos”).
Source: *Google translate* of http://www.burbuja.info/.../461130-hitler-posando-book..
end of the document
We retain here the mechanism, the unstoppable logic which gives priority to work and the bank is then occupied to remunerate this work then it manages the commercial exchanges made possible by these labor incomes. At the beginning, the ordering of work is delivered with “goods of supply of labor” “Work Supply Bills” WSB, then as work completed, work is remunerated by the exchange of the goods of supply of labor in national currency so that the citizens can exchange their work with the goods and services which they need in the usual economic cycle which makes that the national currency leaves and returns to the national bank. The national bank controls the speed of circulation of the currency and in the event of inflation and to overheating of the economy, it is enough to slow down the opening of new working premises. When the delivery periods increase, it is necessary to give of the liquidities in the economic channel or to create additional currency, without risk of inflation and rise in prices. This simple, pragmatic and powerful mechanism, functions in period of peace whereas in period of war, as Lincoln had done during the American Civil War, all the countries in war use this mechanism and make turn to full mode their factories. We also retain the difference between Germany which in 1933 trusted private initiatives (employers and local government agencies) and the USSR which with the same mechanism does not make a success of its economic “miracle” because of the elimination of the private initiative and the monopoly of the initiative collectivist of the Soviet party. Within the framework of the sustainable development of the networks of life, the use of the principles of subsidiarity and alliance of the opposites develop the common local initiative much nearer to a private initiative than of an initiative coming from the state and a despotic sole party. Finally we note that this economic success was limited by the environment which remained in crisis and reduced the possibilities of German exports, that the inner demand was not stimulated and which the division of the produced wealths remained uneven with the explosion of the profits of the entrepreneurs, including the profits of the American entrepreneurs which invested in Germany, in particular in cartel IG Farben with the hands of Rockefeller even controlled to him by the family Rothschild. A very last point: Schacht did not think that this monetary system could exceed the 5 years duration, it was a policy of way out of crisis before returning to the usual operation of a liberal economy. We will reconsider all these points which will be largely improved within the framework of the development of the network organizations of life based on the participative local direct democracy.
It is known that this German economic miracle was betrayed and canted by the ideology Nazi and its war crimes, the genocides and crimes against the humanity made by the leader Nazis.
3) will of a world government directed by Anglo-Saxon financial oligarchy
An illustration of this dominating company is in the book “Memories” which has David Rockefeller for official author. Page 405 in the English version, is written:
“Some even believe that us (the family Rockefeller) are part of a secret cabal working against the best interests of the United States, characterizing my family and me as internationalists and conspiring with others around the Earth to build a comprehensive policy more integrated as well as an economic structure - only one world if you want. If that is the charge, I am guilty and proud to be it.” David Rockefeller, MEMORIES, page 405.
another illustration : Waren Buffet said that the war of class always exists. That it is its class (the rich person. Buffet is 2nd richer world…) who is gaining it!
4) turn over your rifles against the capitalist leaders and the financial ones.
these conflicts between two antagonistic cultures, these economic wars which used the military wars to dominate the world imply an elementary truth: as the winners of a war make condemn the defeated especially if it is them which started this war, for the current economic war, logic goes in the same way: it is a question of eliminating the domination from the Masters of the world, financial, leader and shareholders of the firms which direct the system of power capitalist, authors and media who defend the liberal ideology and the operations of the liberal leaders. On fileane.com, in part 5 of the networks of life, we will show how this transition can proceed but in the light of the history, until now, all the initiatives setting up the humanistic values, in particular the principle which work precedes the capital with a monetary creation directed by the government by a country, were destroyed by the war or the trick with regard to the creation of the FED in the USA. This report overpowering and impossible to circumvent implies another truth which belongs to the parallelism of the forms in right: what was acquired by the sword must be demolishes by the sword so that the sword under the guard of is crowned. In more agreed remarks, this decides: turn over rifles against the capitalist leaders and the financial ones. This conflict should terminate at this vast company of domination of the people by Anglo-Saxon financial oligarchy.
document: October 20th, 2014
Jean Ziegler chooses his camp: “Turn over rifles!” As is specified the rout devastator of the old capitalist system, the responsible citizen should take a stand. The Swiss sociologist Jean Ziegler, it, go there straight to the point: “Turn over rifles!”.
“The capitalists make today a maximum of profits while speculating in basic food like rice, the corn, the wheat. The prices explode, and every five seconds, a child of less than ten years dies of hunger. Today more than ever, rifles should be turned over. ”
In front of his dumb-founded interlocutor, Ziegler moderates hardly his seditious matter. Not, not, it is not question of going illico “to blow away its banker”, but at least of preventing by all the means the capitalists of sowing desolation about all planet.
And to set the example of the five hundred multinational tentacular companies escaping any control, in particular with that of the States, adapting 52.8 % of the world product gross, culprits of ill-treatments against their blue-collar workers, like these some 1,300 victims died in the ruins of the unsanitary building Rana Plaza in Dacca.
Or, the financial fortress néolibérale is hardly from now on more salubrious than the dilapidated building of Dacca. Sinister crackings again shook the foundations throughout the past week of them. Metastases of systemic cancer took again their lugubrious devastations, striking to the last refuges of the sanctuary: stock exchange and financial places.
And any flashback is from now on impossible. The open letters made indignant with the leaders of the sick world so that they change course are vain and ridiculous. Like says it the banker defrocked Charles Sannat in one of his éditos of Contrarien, it does not have there more nothing to hope for failing system, nor of his controlling:
“It would be necessary all so much to change, all to upset so much that never, never a consensus could not be done to measures of such a width as long as we will not have fallen at the bottom from the pit. We are at the bottom of wall but that does not change anything. We can annotate hours and hours on what to make, how to do it, why to do it, we will not do anything. Nothing. ”
All to change, yes, in the institutions as in mentalities. All to change to pass in the world according to by overcoming the chaos left by the world of front. But which thinks seriously that one can get rid of a system without drawing aside those which go from there guaranteeing until the intolerable one? Who believes that one can put out of state to harm an evil religion while remaining submitted to his large priests and respectful of his temples?“Turn over rifles! To choose its camp”. On sale in all the good bookstores. Jean Ziegler, Threshold, 294 pages.
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The design of the currency corresponds to a choice of culture to give up the culture and the liberal capitalist system and to restore the humanistic culture and the network organizations of life or also called participative local direct democracy. This choice caused important military conflicts which until now showed the victory of the leaders of the financial system for the main reason that they are these leaders who organized the economic crises and the wars with an aim of extending and to reinforce their domination of the world. This will to dominate the world with the profit as of richer has as a consequence of the economic crises and financial regular (1987,1997,2000,2007), of the world wars and regional since the beginning of the 19th century, the phenomenal digging of the inequalities of incomes and inheritance. Through these conflicts, the solutions to leave the crises or wars were used by concerned leaders their citizens. These solutions, these mechanisms able to rectify in a few years the saving in a country are simple and there does not need calculation: it is enough to observe the delivery periods and if they increase, to increase the production and work because all that is product must correspond to sales and the piloting of this economy must rest on private initiative, that of the citizens and we add especially if the initiative citizen is coordinated within local area networks of life with the principles of subsidiarity and the alliance of the opposites. As wrote it in 1863 Lionel de Rothschild, the country which uses this manner simple to remunerate work, will have a “government (which) will be able to provide its own currency without cost. It will pay its debts and will be without debt. It will have all money necessary to provide for its trade. It will become prosperous beyond all that was seen up to now in the history of the civilized governments of the world.“
Having understood these lessons of our history, we are henceforth in front of the obligation to restore the power citizen on monetary creation and vis-a-vis the burning need for positioning back the values of the humanistic culture. They say that there is not another alternative to capitalism, we say that we do not have the choice, we must eliminate this system from economic power and release us from the domination of the world finance which controls us with money debts.
INITIATIVE FULL CURRENCY (positive money) without costs for the public cases
our dear enemies, Masters of the world the financial crisis since 2007
the declaration of the rights to the social life networks of life
community properties the tariff or death
the plan of the site home the library