As it was in the beginning, is now, and ever shall be. Math. Physics. Eternal reference frame.
by metavalent
A few unedited and unstructured annotations from Richard Werner Exposes the Evils of the Fed & the Link Between Banking, War, and the CIA, imperfectly timestamped.
… they want to tell you the truth. But culturally in Japan … there’s two truths. The official truth and the real truth (Werner, 1:20:15).
… it doesn’t matter what we call the system as long as it delivers and achieves what we want; which is high growth, prosperity, which of course strengthens [any nation]. So, everyone wants that. Let’s do it. And there’s another expression: LEARN … TRUTH … FROM … FACTS; you get these four Chinese characters; a proverbs made up of four characters; SEEK … TRUTH … FROM … FACTS. That’s the empirical methodology, not ideology, which dominates [the almost purely fictional hyper-intellectual intimidation tactic of neurolinguistic programming and storytelling called] economics (Werner, 1:18:35).
± (15:15) “Macroeconomics has been a complete failure for 200 years.” Well, THAT’S the Best of All Possible Reasons to KEEP DOING THAT right on into the #ThirdMillennium #PostAutomationEra Not to mentions all these “Esteemed Experts” kept getting paid and respected as “Pillars of Society” while Observers Like Us were ostracized and worse, for telling the TRUTH the whole time.
± (16:00) #RootCause? BANK CREDIT CREATION. Aka, Mr. Moloch McMammon’s Moronic Money Mindcuck
± (20:20) “Empiracism and Economics?” Oh, like TWO DECADES of unconditional direct cash SCIENCE under the #UBI theory?
± (23:23) #ExNihilo PAPER: "Can Banks Individually Create Money Out of Nothing."
± (24:45) “We have no BANKS in our models.” — 2008 CRASH DUMMIES.
± (25:30) DSGE Theory. Axiomatic Bullshit.
± (27:55) The FALSE GOD of ECONOMICS is torn down, once and for all. “Hypothetical Axiomatic Deductive Methodology” of the “Dynamic Stochastic General Equilibrium” Model. COMPLETE AND UTTER BULLSHIT. UNREAL. DOES NOT EXIST. Does not describe anything even remotely resembling REALITY. And YOU are not just a SLAVE to it; you BEAT OTHERS INTO SLAVERY and call yourself MORAL. “We know it’s not true, but it doesn’t matter.”
± (29:30) PAPER: "Lost Century in Economics."
± (30:40) BOOK: "Treatise on Money."
± (33:30) Ben Bernanke. GENIUS INSIGHT: “Banks were a factor in the great crash of 1929.”
± (35:00) In the 1929 crash, the Fed Central Planning Committee Bank and “lender of last resort” let 10,000 banks go BUST; completely obliterating it’s fabricated reason to exist in the first place. HOW DID THIS BULLSHIT SYSTEM CONTINUE TO EXIST!?
± (38:00) “The Grapes of Wrath” is the most HONEST academic treatise on 20th century economics.
± (38:55) “Why can’t I then, create money out of nothing?” PAPER: "How do Banks Create Money, and Why Can't Other Firms do the Same?"
± (41:15) The Client Money Rule. EXCEPT BANKS.
± (43:15) AT LAW, there is no such thing as DEPOSITS, it is a LOAN From the People*! Completely backwards from what people THINK happens. “Customer Deposit” is a complete Neurolinguistic Fabrication.
± (45:45) The City of London Corporation, which is the SOVEREIGN STATE within the city of London. The KING is not allowed to enter without permission! Like *Moloch’s Vatican City.
± (47:10) Superabundance without inflation and without crises.
± (50:30) Real Estate LENDING creates hyper real estate INFLATION. It’s literally pumping HOT AIR into the balloon until it bursts, over and over and over again and they’re telling us “THIS IS JUST HOW THE GROWN UP WORLD WORKS.”
± (51:30) “There is no such thing as EQUILIBRIUM. It’s never been proven.” Smoke and Mirrors the whole time.
± (52:50) ALL BANKS ARE A PONZI SCHEME.
± (57:20) The Fed’s Fantabulous French F__KOVER. “We’ll (not give you the gold) just transfer that amount of gold INTO YOUR ACCOUNT with us. It’s very safe with us. We’ll keep it in custody.” French said NAH and sent battleships to Federal Reserve Bank of NY and physically transported the gold. This set the stage to GASLIGHT NIXON into believing in “dollar speculation” risk by TEMPORARILY suspending the direct exchange for gold. 1971.
± (1:00:15) BOOK: "Princes of the Yen>."
± (1:01:30) BASF is the direct product of ALCHEMY. Today we CAN turn Mercury into Gold, it’s just too expensive and pointless.
± (1:02:40) Instead, we just invented the PONZI SCHEME ALCHEMY called CREDIT CREATION.
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