The foundational principle of the capitalist economic system adhered to across the world is the monopoly of money issuance by the private banking system, accepted by most economists as the necessary means of providing the means (like a mini-cog in a larger cog) to facilitate further extension of economic activity ie. for further spending/consumption and capital investment by business, ‘multiplying’ the effect of economic activity by extending out the proceeds of the economic wealth by leveraging capital as debt (via fractional reserve) for further credit (interest rate policy keeps in check the expansionism if the economy overheats or the monetary expansion itself creates inflation). However, despite “reserve ratios”, the process leads to a loan-spiral (however the past 4 decades, trends in the banking system worldwide have seen reserve ratios on bank deposits increasingly set at arbitrary levels over time to ease the freedom of international finance capital). The loan-spiral process leads to the tendency of capital over-extending itself in any boom period, as debt expands until such a point that economic activity, which the debt repayment is reliant upon, can’t keep up with the extent of return-on-investments needed (debt repayments), causing a pinprick in the economic bubble. This is the explanation for the very nature of the business cycle, boom then bust. Capitalism cannot sustain itself without people and whole nations going into debt. Growth of international finance for domestic wealth generation has created a constant pressure for ‘yield’ (to the extent that dodgy financial instruments were used as collateral for further lending leading to the 2008 financial crash). Infact, asset-price gains have been financed by a debt-leveraged inflation of real estate, stock and bond prices. The extent of the ‘concentration’ of the money creation process within the private-banking system may be questioned (ie. why can’t a nation’s central bank issue a higher % of money, by restricting the private banking system’s money issuance by increasing reserve ratios?)
The "ruling class" will be finished - when the clean-up after the illegal corona-bio-weapon-misuse for DEPOPULATION will be complete - till that day NO one should trust the science any longer.
What is mostly needed is forensic profiling - to gather PROOF, PROOF, PROOF - so even the last retired fool understands, that the "ruling class" just tried to kill him, in the name of "science".
It's a little long, but well written and a good read. I have to admit that I reached for the dictionary once or twice. I did order the book by the way
The foundational principle of the capitalist economic system adhered to across the world is the monopoly of money issuance by the private banking system, accepted by most economists as the necessary means of providing the means (like a mini-cog in a larger cog) to facilitate further extension of economic activity ie. for further spending/consumption and capital investment by business, ‘multiplying’ the effect of economic activity by extending out the proceeds of the economic wealth by leveraging capital as debt (via fractional reserve) for further credit (interest rate policy keeps in check the expansionism if the economy overheats or the monetary expansion itself creates inflation). However, despite “reserve ratios”, the process leads to a loan-spiral (however the past 4 decades, trends in the banking system worldwide have seen reserve ratios on bank deposits increasingly set at arbitrary levels over time to ease the freedom of international finance capital). The loan-spiral process leads to the tendency of capital over-extending itself in any boom period, as debt expands until such a point that economic activity, which the debt repayment is reliant upon, can’t keep up with the extent of return-on-investments needed (debt repayments), causing a pinprick in the economic bubble. This is the explanation for the very nature of the business cycle, boom then bust. Capitalism cannot sustain itself without people and whole nations going into debt. Growth of international finance for domestic wealth generation has created a constant pressure for ‘yield’ (to the extent that dodgy financial instruments were used as collateral for further lending leading to the 2008 financial crash). Infact, asset-price gains have been financed by a debt-leveraged inflation of real estate, stock and bond prices. The extent of the ‘concentration’ of the money creation process within the private-banking system may be questioned (ie. why can’t a nation’s central bank issue a higher % of money, by restricting the private banking system’s money issuance by increasing reserve ratios?)
The "ruling class" will be finished - when the clean-up after the illegal corona-bio-weapon-misuse for DEPOPULATION will be complete - till that day NO one should trust the science any longer.
What is mostly needed is forensic profiling - to gather PROOF, PROOF, PROOF - so even the last retired fool understands, that the "ruling class" just tried to kill him, in the name of "science".