I don’t know i recognized totally whatever you designed by that, could you develop more upon nouba cosmetics ?

Regards

Happy,

I have to second your stance. Our role here on this blog and elsewhere is to first make people understand the mechanics of what is happening and then tell them what can be done about it.

Of course, the “doing” part is not painless.

But if you think that making people understand the mechanics is hard, you will find that making people understand that passivity will eventually be more painful, is even harder.

The doing something is actually rather simple. This monetary system, sponsored by banks and enabled by politicians, is predicated on inflation. Throw a spanner in the inflation machinery and you take down the system and paralyze politics.

Of course, crimping the expansion of credit markets means material sacrifice on the part of everyone of us. Thus it means a deliberate decrease in our life style… such as it may be. Crimping the expansion of credit and the monetary base means that we should shun the global banks in favor of local and/or cooperative banks. Crimping the system means that we should save more and/or buy coins and ingots of gold and silver thereby decreasing the velocity of circulation of the currency. Crimping the system means closing all lines of credit like mortgages, credit card or vehicle financing for example.

The advantage of the individual citizen in this type of sabotage is that we can exploit the inherent leverage of the fiat monetary system in reverse. If we play the game as the banks and politicians have rigged it, they make use of leverage against us. If we collectively stop playing the game, we reverse the power of leverage unto them.

When an entity is leveraged 20 to 1 or 40 to 1, as is today not a rare case, relatively small changes in percentage in the capital base of banks will force their demise. If JPMorgan is leveraged 40 to 1, a 2.5% decrease in their capital base will blow them out of the water.

The difficulty in this strategy is that most people that may still have any wealth left are wont to close lines of credit preferring to see where the chips may fall. On the other hand, those that have nothing left and live pay cheque to pay cheque feel they cannot make do without credit. All the above may be reasonable assumptions on the part of these individuals but what they fail to realize is the arithmetical inevitability of this crisis that is now clearly a crisis of the monetary system and that, if history is any guide, will likely result in a good old fashioned conflict. You know, the kind of conflict that will see the masses drafted into the army and sent to the front along with the rationing of food and energy at home…

I hope I am wrong but I don’t see how else this particular monetary system which is 100 years old can be maintained without some drastic social, political, economic and fiscal action that will require the obliteration of industrial capacity on a planetary scale.

“This enlightening essay excerpted below is remarkable because the author strikes right to the heart of the matter, rather than endlessly talking around technical details of how to ‘fix’ things, adjusting this and that, which is what people close to, if not caught up in, the financial problem are often wont to do. And such a tinkering discussion of it is a trap. The patient does not require a pill or a poultice, a better diet or dental health regime, but surgery, and the sooner the better. The Volker Rule is a dulled knife, but directionally correct. And the banks fear it, and hate it, as they do all meaningful reform. Theirs is the art of privileged deception, and it is the common cause they find with their political systems.
Jesse’s Cafe Americain: http://goo.gl/wgStO

Thanks. passed this video on to a few now. Loved his short but sweet words about full reserve banking. I wholeheartedly agree.

“This will interest all those involved in the world of finance and the stock market, particularly after the GFC.

CEO = Chief Embezzlement Officer
CFO = Corporate Fraud Officer
MBA = Master of Bogus Accounting
BULL MARKET = A random market movement that causes an investor to mistake himself for a financial genius
BEAR MARKET – An extended period when the kids get no allowance, the wife gets no jewellery, and the husband gets no sex.
VALUE INVESTING – The art of buying low and selling even lower.
P/E RATIO – The percentage of investors wetting their pants as the market goes even lower.
BROKER – What my broker has made me
STANDARD & POOR – My life in a nutshell
STOCK ANALYST – Idiot who just downgraded my stock
STOCK SPLIT – When your ex-wife and her lawyer split your assets between them
FINANCIAL PLANNER – A guy whose phone has been disconnected
MARKET CORRECTION – The day after I buy stocks
CASH FLOW – The movement my money makes as it goes down the toilet
YAHOO – What you yell after selling it to some poor sucker
WINDOWS XP – What you jump out of if you’re the poor sucker above
INSTITUTIONAL INVESTOR – Last year’s investor who is now locked up in a nuthouse
PROFIT – An archaic term no longer in use.”

h/t http://www.principiadialectica.co.uk/blog/?p=5171