IT’S THE MATH STUPID!
THE FEDERAL RESERVE AND THE GOVERNMENT HAVE BUILT A HOUSE THAT LIES UPON THE SAND!
WE MUST BUILD A NEW HOUSE UPON A ROCK SOLID FOUNDATION OF TRUTH THAT WILL SURVIVE FOR MILLENIA!
We can no longer pretend.
To say that 1+1 = 20 is a stupid mistake, is not an opinion. It is a fact. The math relied on by central banks and gold standard advocates is equally false. It is not an opinion. It is a fact based on math. You would have to believe that mathematical equations are opinions and not facts in order to support central banks and the the gold standard!
Here is rock solid evidence that central banks are for fools and thieves alone!
If America has a capitalistic economy, we must really suck at creating capital with a $21 trillion national debt and $500 billion trade deficit in 2016! Where is the capital?!
We must repeal the Federal Reserve Act of 1913 and abolish the Federal Reserve. IT IS NO COINCIDENCE THAT FEDERAL INCOME TAXES ALSO BEGAN IN 1913!! Congress must resume its responsibility and coin money and regulate its value as granted to Congress in Article 1 Section 8 Clause 5 of the constitution.
The fundamental flaw in main stream economics is that it begins by accepting the validity of the Federal Reserve Act of 1913, the IMF, BIS, and World Bank which are all part of the privately owned banking cartel charging interest to sovereign nations which is nothing more than a bank tax on citizens for which they have no right to claim, therefore making it a circular argument based on a logical fallacy!
If we continue down the yellow brick road of the Federal Reserve Act of 1913 and privately owned international central banking cartel:
1.)We will destroy the economy when we reduce the national debt, because the money supply is based on debt.
2.) There will be an endless boom bust cycle because when the banks issue loans, they create money in the equivalent of the principal of the loan, but do not create the money required to pay the interest on the loan, leaving a shortfall in the money supply of the interest payments required.
3.) We will go deeper into debt or destroy the economy because the only central bank solutions are to issue more debt or destroy the economy.
If Congress were to resume its responsibility as stipulated in Article 1 Section 8 Clause 5 of the constitution and coin money and regulate its value debt free, and if other nations would do the same:
1,) The budget would automatically balance.
2.) There would be no need for income taxes, estate taxes, capital gains taxes, and corporate taxes.
3.) There would be no need to reduce spending.
The rise of cryptocurrencies has litigated and won the case before the world, precisely how easy it is to get rid of the central banks!
I prefer cash, which would not use the gold standard because history has proven that every time that it has been implemented, most of it ends up in the hands of a few wealthy families, and it and they destroy the nation!
During the middle ages in England, King Henry 1st implemented the tally system and the bankers and goldsmiths did not control the economy, the average man provided everything necessary for his family by working 16 weeks a year! The rest of the time was spent learning, traveling, on the arts, and volunteering for the church!
For more on this topic please read The Web of Debt and the Shocking Truth About Our Money System And How We Can Break Free by Ellen Hodgson Brown J.D.
Rock solid evidence that the gold standard is for fools and thieves alone:
If every person on earth had an equal amount of gold, it would be the equivalent of 5 gold rings, per person.
Even with the fractional reserve ratio of 1/10 , it still doesn’t work, to have a monetary system based on the gold standard! China, is now proposing that they would like an international currency linking the yuan, and oil futures contracts convertible to gold. All of the gold in existence, 165,000 metric tons, is worth about $6.785 trillion dollars! Governments own only 18% of that! The world consumed $1,75 trillion of oil last year, and global GDP is $80 trillion! If China were to become the new currency leader for the entire world, there still is not enough gold on earth with fractional reserve banking convertible to physical gold!
http://www.numbersleuth.org/worlds-gold/
The World Bank, BIS, and Chinese government are evidently setting up a giant rip-off plan! The oil futures, gold, yuan system is an economic impossibility! World oil consumption is 35 billion barrels a year!
IT IS LUDICROUS TO BASE A CURRENCY ON A NON – REPLENISHABLE NATURAL RESOURCE THAT IS GUARANTEED TO DIMINISH IN SUPPLY!
THE GUARANTEED DIMINISHED SUPPLY GUARANTEES INFLATION BY THE VERY NATURE OF THE LAWS OF SUPPLY AND DEMAND!
Xi is a skillful psychopath and master of the art of persuasion and has evidently decided to relive the life of Ghengis Kahn. Nobody ever announces to the world that they have the sole intention of becoming a global tyrant and nations suddenly sign trade deals and international banking contracts with them!
If you are not completely senile, you will recall that Barack Obama had practically convinced the world that he walked on water, was awarded the Nobel Peace prize for a speech in Berlin, maintained 2 wars, started 5 new ones, was the king of a real life video drone strike game, where he would choose who would be the next drone strike victim based on arial surveillance photography alone, and was the only modern president to be at war everyday of his 8 year reign of international terror!
Xi has already shown signs of his psychopathy through the seizure of Brazilian Amazon gold mines, and the biggest ripoff scheme in world history, the Yuan global currency based on oil futures contracts.
There is no logical reason to link currency to oil. This was evidently a Nelson Rockefeller, Henry Kissinger conspiracy. The clues are everywhere!
I have been writing about this for the past ten days or so, and the Rockefellers, for years.
In 1973, Nixon ended the Oil Imports Limit, which was previously limited to 12.5% of annual oil consumption. Nelson Rockefeller was Nixon’s Assistant Secretary of State at the time. It is highly probable that John D. Rockefeller was the one that lobbied for the Oil Imports Limit in the first place.
Oil had gone from $3..00 a barrel, to $12.00 a barrel, supposedly as a result of backing Israel in the Yom Kippur war, which the U.S. stupidly did, since Israel threatened to rain weapons on the world if we didn’t support them. OPEC nations retaliated, supposedly, by initiating the oil embargo, which took the price from $3.00 a barrel in 1973, to $12.00 a barrel in 1974.
Suddenly, the OPEC nations that wanted to destroy our economy for supporting Israel in the Yom Kippur war wanted to link the price if oil to the U.S. dollar ?! Really?! Maybe they will have the last laugh after all!
I’m sorry but a 400% price increase, as a result of losing 12.5% of the oil that we had used annually, could not be possibly justified by anything other than price rigging. They could have made up for the difference with Central and South American oil.
It seems that Rockefeller was unwilling to accept the new dollar delinked from gold for oil, and that he and Kissinger conspired the entire thing, to benefit the Rockefellers, and Israel.
The Davos World Economic Forum coincidently began in 1974, where the wealthiest Americans and people around the world, suddenly had the urge to rush off to Switzerland once a year to discuss economics. It must be for their phenomenal hotdogs.
Rockefeller is also responsible for the Federal Reserve Act of 1913. His daughter married Nelson Aldrich who created it, at his request.
The Rockefellers and Morgans were competing for world domination.
NO BANKERS REALIZED THIS?! KURODA DIDN’T SPOT THIS?!
JPM THAT SIGNED UP FOR THIS WITH THE INE DIDN’T NOTICE THIS?! PUTIN, SALMAN, AND KHAMEHNEI DIDN’T NOTICE THIS?!
I KNOW HOW YOU PEOPLE THINK!
THAT EVERYONE IS DUMBER THAN YOU ARE, AND YOU WILL CONVERT YOURS TO GOLD BEFORE EVERYONE ELSE DOES!
NO PROBLEM IF YOU DESTROY THE ENTIRE GLOBAL ECONOMY,
NO PROBLEM IF PEOPLE STARVE!
SORRY! CAT’S OUT OF THE BAG!
Peace,
Andrea Iravani
0007,
Andrea Iravani 
Another reason to use a congress issued greenback rather than privately owned bitcoin is that mining a single bitcoin, requires 20 barrels of oil!
http://www.zerohedge.com/news/2017-10-28/how-many-barrels-oil-are-needed-mine-one-bitcoin
I was posting on Zero Hedge first under Rebel yell until my phone and all accounts were suddenly and mysteriously disabled at the beginning of June, and finally bought a new phone in July and was posting under rebelrebel7 and today, for some reason that account was also disabled.
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I was posting on Zero Hedge at first as Rebel yell until my phone and all accounts were suddenly and mysteriously disabled at the beginning of June and I bought a new phone in July and was posting on Zero Hedge as Rebelrebel7 since then, and my account was suddenly closed today October 28th, 2017 without explanation or violation of the rules!
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