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The Government is Too Big to Succeed Part 1 PDF Print E-mail
Written by Andrew   
Monday, 25 January 2010 17:55

 

Please do not take my word for anything on my website. Do your own research via the Internet, Libraries and Bookshops. The Truth is out there. I would recommend the film 'Money as Debt' on YouTube. This explains the Banking System from the days of old. It is only by generating an informed and alert public awareness that we can avoid the mistakes of the past. I would urge not reading Newspapers and watching TV News for a week and instead trying to form your own opinions, not those that have been put there by an all controlling media.

The last 12 years under 'New' Labour certainly started on a wave of optimism and apparent opportunity back in 1998. So why has it gone so badly wrong with virtually all the apparent 'Wealth' created in this period being completely wiped out. Why are we now finding ourselves on the brink of a National and Global Depression? Why did none of the 'Experts' see this coming from reading the signs? Where do we go from here in order not to repeat the mistakes of the past?

The answer you may be expecting would be hugely complicated and only more 'Experts' will ever be able to explain.

This is absolutely not the case and I will explain simply why.

Our Financial and Political System is based on the theories of 1930's Economist John Maynard Keynes. He devised a system where Governments could live beyond their means, rapidly expanding the Money in circulation and creating 'Deficit Spending' - in effect a Government Overdraft that gets paid off by future generations. Governments no longer needed to balance imports against exports to have money to spend, they could simply turn on the Bank of England printing presses and create money out of thin air, generating 'Inflation' - the Kryptonite of Truth to every Keynesian Economist. This 'Fiat' money from the Latin term 'In place of' was not backed by Gold, Silver or another Commodity. The backing for the new Fiat money is 'confidence'. I have checked all shops, stock markets, online and elsewhere and cannot find anyone selling 'confidence' or even able to to define it in terms of Reality.

Governments were now able to pretend the Fiat money - the 'Pound in your pocket' as Wilson once said, was backed by Gold or Silver and try to plan the economy with panels of experts and manage the interest rates in order to emulate Gold or Silver. This begs the question: Why not just use Gold and Silver? Hadn't these precious metals served us well for thousands of years? After all Gold and Silver have no 'inflation' unless the greedy Kings and merchants or yesteryear diluted the Gold or Silver content with other less valuable metals like copper or nickel. Gold and Silver are heavy and a little inconvenient compared to paper money, but that inconvenience hides a far more devious plan. One in which ultimately a Government can spend what it likes and inflation will decrease the value of the debt and wipe it out over a number of years. Just think of this. 2% inflation means that in 35 years time your paper Pound note will buy 50% of what it could today in real terms. If inflation is 10% your purchasing power halves in just 7 years. Those that save money and are sensible and careful with their money being robbed by inflation year on year to pay for Government excess. The general public are robbed as they have to pay more for everyday items. If you tried to run your house and home or a business this way, you would be bankrupt in a very short time. Your friends would quickly spot you were reckless and irresponsible and tell you so. A Governemnt, however, gets away with daylight robbery and nobody raises an eyebrow. Successive British Governments have behaved this way since the 1930's and each time it has caused a 'Boom' and a 'Bust'. You will remember Gordon Brown saying 'No more Tory Boom and Bust'? (Brown knew there would be a Labour 'Boom and Bust' so he deliberately qualified the phrase by adding 'Tory' and repeatedly corrected anyone who didn't include the word in interviews). Well here is Labour's Boom and Bust Gordon, only deeper and serious to the point of Economic Meltdown. If Gordon Brown was responsible for the 'Boom' then why isnt he responsible for the 'Bust'?

So if a highly educated and well informed Former Chancellor of the Exchequer and now Prime Minister knew what was coming, why didn't he plan for the event by cutting back Government spending, reducing taxation, especially in relaition to Savings and Investments which generate Real Wealth to keep businesses functioning and people employed? There is of course only one answer:- The whole Financial Crisis was pre-planned and allowed to play out. Why would I say that? Where is my proof? This is the easy part.

 

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Last Updated on Thursday, 28 January 2010 13:06