Greetings humanity of planet earth.
This is a message to our brothers and sisters, all around the world.
As Anonymous Op Greece,
we made a series of explanatory videos,
starting with comprehending the manipulation of our cognitive map,
and refreshing our memory by a "history lesson".
We believe now it is time for a new lesson of Economics...
Many of us the people believe,
that as a civilization we've had a great round.
We've had the industrial revolution,
we built a lot of modern technology,
we eliminated epidemics and viruses...
But we built also a lot of destructive military technology,
and we built a banking system, that we're still struggling with that!
Not much of a good round after all...
But let us focus on the Banking System.
The fact is most people think,
what a bank does, is lend money,
that someone else has put there previously.
But what a commercial bank actually does,
is to create money from nothing
and then lend it to you with interest.
If you do that,
it would be called counterfeiting
If a bank does it,
then it's perfectly legal.
Private banks create money out of nothing
and lend it out at interest.
Now that sounds absurd, but it happens !
But how is it we've ended up with a system,
in which banks have the power to create money?
Since 1971 when president Nixon took the US off
what was left of the Gold standard,
the world was operated under a system known as FIAT.
The dollar,
pound and euro
are all government FIAT currencies.
FIAT is a Latin word, meaning "let it be so".
It's the law that this government currency be money.
Without that legal enforcement, and the fact that we must pay taxes with this
money,
that dollar bill, or that computer digit that represents the dollar,
would be pretty much meaningless.
Only the government has the power to issue FIAT money.
But banks can create it through lending.
Over the last 40 years, since this system of
FIAT money became the global norm,
the supply of money has grown exponentially.
In fact we've seen the greatest growth of money in history.
But who benefit's?
Of course those who have the power to issue the money,
The governments and banks.
Then those companies and individuals,
that get this money early and can spend it,
before the prices of the things they want to buy,
have risen to reflect the new money in circulation.
In other words they get services, products or assets cheap,
but prices soon rise.
So, holders of assets such as houses or shares will then see gains.
Often this can lead to speculative bubbles.
But what about those on the bottom of the pyramid?
Those on fixed wages or incomes, those who live in remote areas,
or those with savings?
By the time this newly created money has filtered down to them,
the prices of the things they want to buy have increased.
Their savings buy them less
and their wages remain largely unchanged.
In some cases they have to take on debt,
just to afford things they previously we're able to buy.
Which means they have to go back to the banks.
In reality this process of creating money, only redistributes wealth
from the bottom to the top of the pyramid.
And that's that ever increasing gulf between the rich and Poor
gets bigger,
and bigger.
Of the money in the world today, 97% is debt.
Voltaire once said: "All paper money eventually returns to it's
intrinsic value,
Zero!"
For three generations the world watched the fight between capitalism and communism,
but in the 1980 the Russian economy started to collapse.
The Soviet Union capitulated, and "so called" capitalism, reigned supreme.
There are 2 main competing economic approaches,
which determine how humans manage the world and distribute the wealth.
These are the classical and neoclassical schools.
The classical school favors less government interference,
more personal autonomy
and recognise that humans cannot function without natural resources.
The neoclassical school has a more dismissive view of natural resources.
Thinks government should rule the economy,
solve social problems,
and leave the free market to look after the distribution of wealth.
The neoclassical school emerged around 100 years ago
due to vested interests desire to protect their assets.
This meant that neoclassical mathematical models and assumptions
we're divorced from reality.
They're based on what ought to be,
instead of the classical model which are based on what actually is.
It's these neoclassical models which favor large corporations,
that have been used to legitimize the financialization of the global economy,
Championed by Reagan and Thatcher,
neoclassical economics still dominates policy making today.
In 1932, in the aftermath of Americas stock market crash,
a piece of legislation was passed to protect society.
The Glass Steagall Act, was introduced to separate,
ordinary high street banking from investment banking.
67 years later in 1999,
under the influence of treasury secretary Larry Summers
and his predecessor Robert Rubin,
president Bill Clinton repealed the Glass Steagall Act,
Once again, banks could take ordinary depositors money
and speculate with it on virtually anything they liked.
But is this system we call capitalism really capitalism?
in a capitalist system government is supposed to be small
but today the state is more bloated and evasive than it has ever been.
Individuals and companies are supposed to operate in a free market,
good enterprises rewarded with profit,
and flawed enterprise with failure.
But during the 2008 banking crisis
the people saw the western economic system divided in a way
they we're told it could never happen.
And it was only then,
when the people figured out what was the basic flaw of our economical system.
Our financial system today, is corrupted,
just because the Elite issued a simple principal.
Financier Lord Griffith,
advocated ruthless individualism to push the idea
that if bankers get rich,
then we get rich too!
So, investors, corporate members, and politicians
managed to manipulate the system through a theory.
The theory of Horse and Sparrow.
If you feed the horse enough oats
Some will pass through the road for the sparrows.
The idea is that extreme wealth concentrated on a small minority,
would eventually trickle down to everyone else.
But this doesn't work.
Because by the time the money reaches the people at the bottom of our money pyramid,
it has lost it's purchasing power.
When the bottom of Societal pyramid gets weak,
Nations gets weaker and the people suffer.
And when organisations like the "Wells Fargo",
Goldman Sachs, Lehman Brothers,
and institutions like the IMF the EMS or the Federal Reserve Bank,
actually interfering in National Economies,
then we realize that it was all about party and gambling...
And this gambling,
pushed the entire global financial system near to collapse.
With balances and debt obligations larger than the GDP of entire countries,
banks had become,
to big to fail.
The west was unprepared,
and bankers met their railing and disoriented governments.
Democracy is government by the people, Plutocracy is government by the rich
In a typical plutocratic state economic inequality is high,
social mobility is low, and because of continuous exploitation of the masses
workers find it nearly impossible to climb out of poverty.
The equal voting rights movement in the early 20th century
abolished a system where the rich people had more votes than the poor
But today lobbying has put pay to that,
and reduced the global political system
to a mere clearing house for the concerns of the rich.
But the public are now confused,
as to why our political leaders
have allowed this to happen,
and quite naturally now, they ask why?
We are Anonymous,
We are legion,
United as one,
Divided by zero,
We do not forgive,
We do not forget,
You should have,
Expected Us!
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