Watch: New Zealand central bankers say they are in a great business where they can just print money and people believe it’s real

Kim Dotcom – X, Released on 2/14/24

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Here’s a quick primer on what’s wrong and what to do about it.

ALL fiat currency is debt, that’s the only way the Central Banks make it, whether through government bondage note,  or private bank loans.

Bankers have developed four practices that
are unsustainable and catastrophic.

If we dont understand the causes of a problem we will address the symptoms or actors, not the causes.

1st. Large private and Central banks have obtained the Exclusive franchise to create ALL new Currency as Debt, at interest.

An increasing population needs an increase in currency, but it is ALL created as a debt to the Central Bank, bearing interest.

This indebts the whole world, every person, every government, in totally unpayable debts,  ( because where can the interest come from) enslaving us all to bankers through personal debt or ever increasing oppressive and unjust taxation, permits, licences, registrations, regulations, rates, duties, fees, fines, levies, surcharges, adinfinitum, of which an increasing volume goes straight to the debt creators, who created it for free. (At zero cost to themselves.)

2nd. Because of the first fault, (wherein a Central bank has the Exclusive franchise to create ALL new money,) and they attach interest to it, (which they do not create) they must continually create more currency to pay the interest on the last round of debts and to resupply liquidity as debt repayments suck the last round of currency they created out of the national economy.

The volumes of the booms and busts of ‘credit cycles’ are totally unnatural and the economy should follow population growth.

Inflation,  (or rather, devaluation through deliberate currency oversupply,) is destructive to all but the rich. There is virtually no limitation on fiat currency creation.

Because successive governments have abrogated the peoples right to create their own Sound debt free money, the state also sponsors inflation by borrowing and spending, ‘stimulus ‘  in the vain hope that they can ‘create wealth through debt,’ and inflate away past and present debts with NEW DEBT ! 🤪🤪🤪   This robs the people under their very noses.

Adding to this is fractional reserve banking wherein private banks effectively create massive new Currency volumes, (but its only temporary because it’s all debt) blowing bubbles (in housing/CRE/stocks) which devalues everyone’s savings, work, 401k & pension, by raising all prices. (Which don’t return to their former level when inflation reduces,  the rate of increase simply slows down momentarily. )

We call price increases inflation, but it’s really devaluation of your savings,  time, work and while corporations do add to inflation of prices, they generally are Not the primary drivers of inflation.  Attacking corporations is becoming side tracked.

Shrinkflation further adds to our reduction and desolation as companies attemptto make the same or more profits than last year.

(Did you know the only time our society gets some real new Currency ?  It’s when someone goes bankrupt and can’t repay the banks what they borrowed. )

The fix ?  The first step is to end Central Banks and return to Sound Metalic Money.

This will slow the rate of currency creation and make it much more difficult to devalue our wages and savings by currency ‘printing.’

The 2nd step would be to legislate that banks publish their reserve ratio. So if they have $100 million on their books in deposits, and $50 million in loans, that’s a 50% reserve ratio. We could legislate a reserve ratio, and by openly publishing this people can choose the risk level they are willing to take.
Along with this we need to legislate an industry to home loan ratio.

This will change banking and we need to change banking, because it is destructive. The banks wont be able to make as much, and that’s a good thing.

We need to make money anything the people want, but legal tender must meet Metalic standards under the office of weights and measures, and national and state treasury departments and mints could produce and release real intrinsic value Money.

This will not create inflation like some bankers and their economists would have you think. 

It is not who creates currency that drives the Constant devaluation of your work & money, it is THE VOLUME per population/ productivity.

The banks increased the base currency supply by over 65 % since March 2020 & 300% since 2008. This has been greatly multiplied as deposits were rolled back into real estate loans creating bubbles, which further lever up equity to back more loans.

You can’t spend it off planet, and we’ve had no increase in population or productivity. How can it not devalue our savings, wages and retirement funds by a similar % as it enters the economy ?

3rd problem. Fiat currency whether paper OR DIGITAL has no intrinsic value, thus it cannot be used as a long term store of value, particularly in an ever expanding fiat system. Taxation and the ‘legal’ currency label attached to fiat creates artificial demand for fiat currency. This is the ‘Force’ component of Fiat currency,  wherein you are forced at the point of a gun to accept worthless paper or electrons for your daily work. Metalic Money is the currency of a free sovereign people. Fiat at Debt is the currency of slaves.

The fix ?

Return to Silver, Gold, Copper & Nickle currency, designated by weight, not cents/dollars. These will find their own local value.  These can’t be printed to oblivion, have intrinsic value, and are a safeguard against bankers counterfeiting. Continue to keep the manufacture of Gold & Silver rounds by private mints & foundries to help keep government mints honest.

Do not allow bankers and economists of the current system to con you into believing there isn’t enough Metalic Money. You float its value, mint it by grams and ounces and you have a Gold and Silver backed currency. Same with Copper & Nickle. Mint 10th ounce, 2 10ths, 5 10ths and 1 ounce and grams in 1 grams, 2 grams, 5 & 10 grams.  Never give it a ‘value number,’ which is a lie. Give it its weight & purity, and let the market decide what it will buy. Call it ‘slow money,” like ‘slow food.’ It’s slower for sure, but it’s 10 times better for you.
If you think there’s not enough metal, live more like the Amish and there will be plenty.  We are a totally wasteful people and that can’t go on forever.  Everything we manufacture should be recycled at end of life. No more landfill.

Probably necessary to nationalise mines & pay shareholders out in metals. We are aiming at a more just, more perfect union, and that requires we treat shareholders justly and make them whole while preserving a mining and exploration industry. So gently, thoughtfully, carefully on this one.

4th. The ‘World Bank’ and IMF are your friendly international arms of the Federal Reserve, who loan worthless US currency invented at zero cost to enslaved nations of people to purchase necessities, when their own commodities or worthless currency would do just as well. This ensures the indebtedness of nation’s simply to survive. I suggest a goods and commodities exchange between countries, with a quarterly settlement of shortfalls with Gold or Oil/Gas. And oil and gas are not the monsters they are made of to be,  and may well prove to be the greenest energy sources other than hydro. Studies suggest making an electric car requires the moving of 500,000 lbs of rock/soil, (which is only possible with diesel and oil) so the real energy footprint of a battery that has a 200,000 km life could easily prove to be twice that of a clean running low emission gasoline vehicle with a repairable engine, and LPG is extremely clean due to less carbon atoms. (3-4 carbon atoms, vs gasoline at 4-12 carbon atoms.)
This research is present and ongoing.

Correct these 4 Principles and >80 % of a nation’s problems would disappear.

Do not allow your masters the Debt slave creator’s to tell you it can’t be done. They are not seeking your best interests, but theirs.  It is easily done, it’s just a different but far better system.

Beware. The FED, IMF, WEF wants you totally enslaved with Digital currency.

Convert your garbage fiat currency into Gold and Silver while you still can,  or prepare for destruction.

Come to think of it, you better prepare for destruction anyway, because humans are animals and always learn the hard way.

The bankers motto is : ‘Preserve your Capital at all costs.’ The bankers are buying Gold. We the people can afford Silver.

Good luck.