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The Reality Behind Gold Backed, Oil Backed and Fiat Currencies

This is a follow on from my essays “Why Russia” and “The Root of All Evil”. I will expand on the various currencies mentioned in the title of this essay plus detail how Russia is about to cause the US to suffer significant inflation and an equally significant loss of world power.

In “The Root of All Evil”, I talked about where money comes from, who manufactures it and how. The short recap is that bankers produce it out of thin air or as book/computer entries, if you like. This ability to create and control the amount of a nation's money supply gives bankers enormous economic power. This economic power inevitably leads to political power.

I also explained how, in the past, the bankers told people that they could exchange their banknotes (or account balances) for gold at any time. This gold backing notionally gave the bankers' banknotes their value. The banknotes were a 'promise to pay' in gold. I also went on to describe how this promise was a somewhat hollow one because the bankers persistently issued far more banknotes than they had gold to back it with. Therefore, only some of the banknotes could be redeemed for gold.

So it has only ever been partially backed by gold and the people who advocate a modern gold backed currency never mention this. They are only offering partial gold backing which is not secure in the way they advertise it to be. It is no different to setting sail on the Titanic with the same arrogance born out of hubris, ignorance and plain old cost cutting with only lifeboats for half the passengers . So it is a scam even in the terms of its promoters.

Gold backed currencies are scams in many other ways as well. But we will have to leave that discussion for another day. What is important at the moment is that even though gold's value is based on not much more than people's perceptions of it, gold will be useful to Russia, China and the other BRICS nations when they displace the US dollar as the international currency. It will be useful for settling the balance of trade with nations who wish to do so. It will give the Ruble and Yuan a fixed value relative to each other and to other currencies as well. Though this can be done without gold, the Ruble and the Yuan will be more acceptable to tentative trading partners if outstanding trade balances can be exchanged for gold. This will be particularly appealing in the face of the losses incurred by Russia and China's trading partners as a result of the US dollar's runaway inflation and it's subsequent loss of value.

Template For a Revolution

This post presents videos and podcasts describing the harsh reality of two revolutions. The first is in Romania which could be said to have preceded all the others. And the second is about the revolution in Libya.

Immediately below is a German documentary on the revolution in Romania that deposed Ceausescu. It is entitled, "Checkmate - Strategy of a Revolution". Given that it proved a winning formula for the bankers and has been repeated throughout the various 'Color' and 'Arab Spring' revolutions, I think it could now be more aptly entitled, "Template For a Revolution" because that is exactly what it is.

It uncovers how the opposition politicians, the intellectuals and the public were used to bring about a revolution and a political and economic situation that suited NATO (and therefore the bankers) and was of questionable benefit to the Romanians. It is imperative to choose your allies well. Especially when it is your supposed ally that is doing the organising, co-ordinating and financing. 'The enemy of my enemy is not necessarily my friend'.

The documentary also points out the part played by snipers which, as with everything else, has been present in the NATO revolutions since then.

"Checkmate - Strategy of a Revolution" is in six parts of 10 minutes each.
Part 1-

https://www.youtube.com/watch?v=yF-LSrsd0fw

The Root of All Evil. (Updated)

(I have posted an addendum at the foot of this article)

In my last article, “Why Russia”, I indicated that Russia (including Ukraine) has been periodically under direct attack from organised jewry for the last one hundred years at least and longer than that indirectly. I mentioned that the jewish international bankers were the ultimate directors and financiers of these attacks. It may be worth repeating the quote from Leon Trotsky a.k.a. Lev Bronstein-

"We should turn Her (Russia) into a desert populated with white Niggers. We will impose upon them such a tyranny that was never dreamt by the most hideous despots of the East. The peculiar trait of that tyranny is that it will be enacted from the left rather than the right and it will be red rather than white in color. Its color will be red literally because we would spill such torrents of blood that they will pale all human losses of the capitalist wars and make (the survivors) shudder. The largest overseas banks will cooperate with us most closely. If we win the Revolution and squash Russia, on the funeral pyres of its remains we will strengthen the power of Zionism and become a power the whole world would drop in the face of on its knees. We will show (to the world) what real power means. By way of terror and blood baths we will bring the Russian intelligentsia into a state of total stupor, to idiocy, to the animal state of being.... And so far our young men dressed in leather - the sons of watch repair men from Odessa and Orsha, Gomel and Vinnitza - oh, how beautifully, how brilliantly do they master hatred of everything Russian! With what a great delight do they physically destroy the Russian intelligentsia ~ officers, engineers, teachers, priests, generals, agronomists, academicians, writers!" ~ Leib Bronstein (also known as Lev Trotsky) (Secret Forces in History of Russia. U.K. Begunov 1995, p 148) source

A very unlovely quote, for sure, but it is illuminating in that it ties together Jewish communists/revolutionaries with Zionism and International Bankers in common cause; a real live conspiracy against Russia. Of course, the peoples of many other countries have suffered from conspiracies involving these same international bankers. But Russia poses a particular threat to them at this time. Before elaborating on that, I want now to turn to the very simple sleight-of-hand mechanism behind the incredible power of banking that is used against us all before returning to Russia.

Dmitry Orlov on Ukraine and Crimea

While you are waiting patiently for my essay on the mechanics of the money system and why it is the cause of all the armed conflict in the world (and much else), here is a very interesting interview with Dmitry Orlov.

http://www.youtube.com/watch?v=yCO5nZgvtbY

Orlov talks about the unavoidable collapse of the American economy through massive theft and incompetence. Ukraine is also in for an even tougher time than it has suffered up till now at the hands of the oligarchs and the IMF. He maintains that the Ukrainian military is refraining from co-operating with the imposed government and is working closely with the Russian military. It has the potential to step in and assume control of Ukraine.

As expected, Crimea is going to be promoted economically by the Russian govt and they are wasting no time about it. The man put in charge of this economic program is Vice-premier Dmitry Kozak, the man responsible for preparation for the Sochi Olympics and Paralympics.

Moscow will make Crimea a special economic zone with tax breaks to attract investors, Russian Prime Minister has announced at a government session in Crimea’s capital Simferopol.

“We made a decision to make Crimea a special economic zone,” Medvedev said. “Today the state duma began reviewing this legislation.”

A special economic zone is an effective instrument that helps attract direct investment. In Crimea, the whole region could be assigned this status, as was the case with Kaliningrad. Tretyakov believes that the creation of an economic zone in Crimea will follow special rules and that the peninsula will become a mixed-type special economic zone, combining several development clusters.

The difference between Ukraine and Crimea in a couple of years will be startling. The west will not be able to hang onto Ukraine for very long the way things are going regardless of whether or not the Ukrainian army intervenes.
Free-fall: IMF to accelerate Ukraine’s economic collapse?

Why Russia?


source
(This article is a follow on from Why Iran?)

In his recent speech to the Russian Assembly marking the acceptance of Crimea into the Russian Federation, President Vladimir Putin made a point of the fact that Russia has suffered 'containment policies' from the West since the eighteenth century. And so it has. During this time, Russia has been ruled by Czars, Communists and now democrats of varying persuasions. Clearly these represent very different ideologies yet the 'containment' continued throughout these centuries and persists still today. It would appear to not be about ideology at all. So what is driving this persistent animosity?

Russia is geographically the largest country on earth. It has massive natural resources and also deep reservoirs of human resources. They put the first satellite into space, for instance, while having less than half the population of the US and a fraction of its wealth. Russia is now the largest exporter of oil and gas in the world.

By the early twentieth century, the jewish international banking houses had a very strong grip on the domestic economies of the West and controlled international trade through their control of the central banks of western countries and control of the gold market which affected international trade. Gold was used for trade settlements between bankers. The jewish banking houses were closely networked and kept their gold within their ranks and so dominated international trade. It was their system.

All the indications are that these banking houses had made a bargain with the English aristocracy. The aristocrats moved from being agrarian based feudal lords to being international capitalists with the, so called at the time, merchant bankers. The bankers gave them a slice of the action and financed the establishment of the British Empire in return for legal protection and the military resources, particularly their navy, to make it all happen. “Britannia ruled the waves” and assured the dominance of the English aristocracy and the jewish merchant bankers. It was the jewish bankers' (fraudulent and, at the time, illegal) fractional reserve banking system that allowed Britain to overcome Napoleon eventually. Napoleon's finances were hampered by his belief that the amount of gold held determines the amount of money that can be issued. The London banks recognised no such limitation and were simply able to outspend Napoleon.

Vladimir Putin Vs The Oligarchs

Here are four videos focussing on Vladimir Putin. The first two are very short and give an amusing insight into the man. The third and fourth videos are parts 1&2 of the documentary, "The Unknown Putin". It details the dire situation Russia was in following the predations of the jewish oligarchs and the corruption and incompetence of the Yeltsin government.

Watch for the face on the reporter in the last second of this 30 second clip!

https://www.youtube.com/watch?v=8ux3oiWELIQ

Oleg Deripaska being treated as he should be. Putin sees the thousands of workers as having more legitimate interests than the business owners. He is obviously not impressed with their money and judges them on their behaviour.

https://www.youtube.com/watch?v=flC---s2moA

You will see from the documentary below why Putin has no time for these exploiters when you see some of the hardship they created to amass money. The documentary is a little hard to follow as it seems to jump about a bit and the translation does not differentiate between speakers very well. But for all that, it is quite enlightening and gives a good insight into why Putin has always been very popular.

The Unknown Putin - part 1

https://www.youtube.com/watch?v=qCU4C6ajgBI

The Unknown Putin part 2

https://www.youtube.com/watch?v=LRSVNPQKDkM

I hope to have the next in the "Why" series, "Why Russia" up in the next two days. These videos make a good introduction, I think.

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