Jan 13, 2009 15:50
Secret #1
The modern global financial system is antisocial and illegal, it has turned money into a tool of people’s exploitation by its management.
From a legal point of view, money (bank notes) are backed with state debt and does not have an independent value, as it is not covered by real material values of its producers. But in fact, money is a nominal (numerical) equivalent of GDP as it is swapped for real goods and services produced by the society. This is the consumer characteristics of money.
Investment money is a nominal equivalent of the price of the human creative potential and natural resources. The value of the human creative potential keeps increasing compared with the value of natural resources as new natural resources do not appear on the planet, while the human creative potential keeps developing. The best illustration of the statement is the way energy is developing (energy can be derived from such an exhaustible resource as oil, but it can also be derived from the sun, thanks to the development and implementation of the human creative potential).
Since legal and factual value of money differ greatly, most people are all mixed up on this important issue. Financial institutions use this circumstance to exploit the society to their selfish ends.
From the point of view of common sense, the core international currency (the U.S. dollar) is really backed only with the part of GDP, which belongs to the government and some part of tax revenues. Overwhelming amounts of daily money supply by the Federal Reserve are not tied to the national GDP (on which tax collection depends) in any way. New money is mainly produced on the back of demand from satellite countries (such as Russia, China, etc), which reserve their national currencies against the U.S. Dollar.
The coverage of money with debt, which is not tied to real national GDP growth makes the money supply and further sales (through crediting), illegal because such (empty) money turns into a means of exploitation of the international civil society by the financial system. It is the society, which creates real goods and services, which cover money in the process of circulation.
Secret #2
The main political secret is the fact that modern states have turned into hostages of the international financial system, namely, private banks, which do not have a national identity. Financiers dictate to state governments their will in their own commercial interests. Logic says that they have bought all top politicians and impose their own decisions on them having no legal or economic grounds for this (ref. Secret #1).
Secret #3
Thanks to the achievements of the technological progress there are all necessary (producing) possibilities to satisfy basic needs of the people (ref. Maslow’s Hierarchy of Needs) modern civilization cannot start satisfying the highest human need - in self-fulfillment - on a full-scale basis only due to artificial restrictions on the part of outdated and inefficient financial and economic system. (ref. Secret #1 and #2).
main secrets of modern finance,
politics and economics,
the financial democracy