The secrets of economics are not exactly secrets because anyone who studies economics learns them. However, they may as well be secrets because it seems most people have no clue as to how the USeconomic system is set up. If they did, their attitude about the government they live under would likely undergo some serious changes.
Long ago people used things as money which had intrinsic value like gold and silver. The US system used this at one time also. This was gradually changed to a system where a paper "note" replaced theprecious metals but the paper note was a guarantee that the metal existed and could be claimed on demand. One dollar silver certificates lasted into the 1960's and you could take them to a federal reservebank and get them to give you the equivalent in actual silver. This agreement is now canceled, even if you saved some of the old "silver certificates". New dollar bills and other denominations of papermoney are purely "fiat money" or "faith based money". Fiat money has no real value. Its value is determined by how much "faith" you have in the government which printed it and which "proclaims" that ithas value.
The US monetary system is based on the Federal Reserve System which was put in place in December, 1913. The Federal Reserve System is not a government agency. It is a system of twelve private banks which are essentially controlled by banking families such as the Rothschild's and the Morgan's who have controlled the world money system and have been interbreeding among themselves forhundreds of years to "keep the money in the family". Control of the country's money is essentially equivalent to control of the country. However, the Federal Reserve is not part of the government. It isprivate and largely secret. It does what it pleases and you must accept the results. These people are not elected. They have no allegiance to "the people" and the people have no power over them. They dowhatever they want.
On December 16, 2008, the CBS evening news broadcast an interview with economist Michael Dared, identified as the chief economist for MKM Partners. Dared stated, "The Federal Reserve is the onlyinstitution which can actually create money out of thin air." Economists know this stuff and you would too if you were paying attention in high school economics class. But, it is a significant event to havean expert come on national TV and actually tell the truth about this. So, now you know: All these years you have been "busting your butt" for "thin air".
Now, to get current, lets look at the latest "crisis" and see how this game works. Major banks, which are, in reality, the banks supporting the twelve national banks of the Federal Reserve System, mess up.They make bad decisions and hand out millions to executives so they will have some spending money when they go to all the lavish parties at expensive retreats paid for by the banks. So, the banks call upthe government and ask for help. Now, the government has no money. When the government needs money, they "borrow" it from the Federal Reserve which creates the requested money out of "thin air"because fiat money is imaginary money with no intrinsic value at all. So, the Federal Reserve gives the requested money to the real federal government which turns around and gives it back to the bankswho are, in fact, the same banks which are a part of the Federal Reserve and the same banks which are responsible for the crisis in the first place. Now, the "thin air" fiat money is about to get seriouslyreal. The government has to pay interest on this "thin air" money it just gave to its friends. The government has no money. So, guess who is going to have to pay. You are going to have to pay and yourchildren are going to pay, perhaps for hundreds of years. There is not enough money in the entire world to pay back the US national debt. This means that you and your families and kids are locked intoeconomic slavery essentially forever. And, you can't pay back with "thin air". Although money is created out of thin air, you must do real work to pay it back as well as suffer with no universal health care,poor living conditions and the constant media reinforced fear that terrorists or pandemics or mars men or whatever are coming "to get you" to make sure you have no peace and spend the rest of your days inmisery and uncertainty.
To summarize, the world economic system is a fraud. It always was. The incredibly wealthy families did not get that way by doing actual hard work. They got that way by trickery. This complex gamethey designed and of which they are undisputed grand masters is not honest. It is extremely complex and it is equally extremely corrupt. You can't win. Just as it is impossible to consistently win andfinance your life by going to casinos, it is impossible to get financially ahead in this place by following the rules because, just like in the casino, the rules are written so as to guarantee that the "house" winsand you lose. You don't make these rules and you can't change these rules. The people who do are outside of the government and the democratic process and nothing you can do will have any affect onthem. So, basically, you're screwed.
CHILDREN OF THE CON
"The people" are responsible for the debts created by their leaders. This is true regardless of the fact that their leaders mainly operate in secret and were most likely "elected" in fraudulent elections usingrigged voting machines and a variety of other methods. Since the nation lives in a state of perpetual debt, it is said that the birth certificates of children are used as a "pledge" against the national debt.Specifically, this means that children born in the United States are born into economic slavery and will spend their lives working to repay the debt created by previous generations.
NEW WORLD ORDER ECONOMICS
A healthy economy requires constant expansion in a finite world, which is impossible. However, there is one way to "expand" all you want and never need any "extra space". That way is to have a war.War allows you to pour resources in and get nothing out. Therefore, the Bilderberger group has recommended (their recommendations essentially always become fact) that the future economy be basedupon constant and unending war. History shows that the US did not recover from the great depression just by creating jobs with the WPA (Works Progress Administration) but, rather, by opting to joinWorld War II. The future unending war would not have to be world wide because this would have a negative impact. But, there would need to be a sort of "war reservation" where eternal war neverceased. A good candidate for this looks to be Afghanistan. You can spend tons of money building bombs and dropping them on Afghanistan and not cause any negative impact to the rest of the world.Like General Bull Right said on the TV show "Laugh In" years ago, "War is good business". The TV show and the general are long gone but his words remain true. War is good business. In a worldmotivated by economic concerns, if war was not good business, there would be no wars.
Constant war offers special opportunities which do not otherwise exist. For one thing, a country can legally kill its unwanted young people by sending them off to war. Since people go missing in a war