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2008 capitalism died: Money Scam, cornerstone of our slavery
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Post new topic   Reply to topic    9/11, 7/7 & the War on Freedom Forum Index -> Pre-Planned Economic 9/11 - Global Financial Conspiracy
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Whitehall_Bin_Men
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PostPosted: Tue Jul 04, 2017 8:33 am    Post subject: Reply with quote

At the heart of a rotten system
Is a basic rotten lie
Repeated like a mantra
On BBC and Sky

There Is No Alternative
We must live with in our means
So cut your cloth accordingly
And set aside your dreams

Education fueled by debt
Feeds parasites in banks
No money for a hospital
But plenty spare for tanks

No money left for libraries
Or to care for the old and needy
But plenty left for Trident
And bonuses for the greedy

But when do we hear the question
In the House or in the press?
Where does money come from?
The root of our distress

What is this magic substance
That can cultivate or kill
That can build a home or smash it
That can work for good or ill?

Is there a magic money tree
In some walled-off sacred wood?
Or does government create it
In the name of the public good?

We never hear the question
In case we get upset
For the truth is banks create it
Out of pure fresh air as debt.

We can't run out of money
As some letters might suggest
And before we get to tax it
First we must invest.

So next a time a politician
Tells you money has run out
Ask then where it comes from
And watch them fill with doubt

And if they try to dodge your question
Keep on til they reply
There is no more vital matter
It is why we live or die.

_________________
--
'Suppression of truth, human spirit and the holy chord of justice never works long-term. Something the suppressors never get.' David Southwell
http://aangirfan.blogspot.com
http://aanirfan.blogspot.com
Martin Van Creveld: Let me quote General Moshe Dayan: "Israel must be like a mad dog, too dangerous to bother."
Martin Van Creveld: I'll quote Henry Kissinger: "In campaigns like this the antiterror forces lose, because they don't win, and the rebels win by not losing."
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outsider
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Location: East London

PostPosted: Mon Jul 24, 2017 6:41 pm    Post subject: Reply with quote

'Quantitative Easing, The Largest Transfer Of Wealth In History':
http://www.countercurrents.org/2017/07/24/quantitative-easing-the-larg est-transfer-of-wealth-in-history/

'....Given that – judged by its official aims – QE has been a total failure, this makes perfect sense. By ‘injecting’ money into the economy, QE was supposed to get banks lending again, boosting investment and driving up economic growth. But overall bank lending in fact fell following the introduction of QE in the UK, whilst lending to small and medium sized enterprises (SMEs) – responsible for 60 percent of employment – plummeted.

As Laith Khalaf, a senior analyst at Hargreaves Lansdown, has noted: “Central banks have flooded the global economy with cheap money since the financial crisis, yet global growth is still in the doldrums, particularly in Europe and Japan, which have both seen colossal stimulus packages thrown at the problem.”

Even Forbes admits that QE has “largely failed in reviving economic growth”.

This is, or should be, unsurprising. QE was always bound to fail in terms of its stated aims, because the reason banks were not funneling money into productive investment was not because they were short of cash – on the contrary, by 2013, well before the final rounds of QE, UK corporations were sitting on almost £1/2trillion of cash reserves – but rather because the global economy was (and is) in a deep overproduction crisis. Put simply, markets were (and are) glutted and there is no point investing in glutted markets.

This meant that the new money created by QE and ‘injected’ into financial institutions – such as pension funds and insurance companies – was not invested into productive industry, but rather went into stock markets and real estate, driving up prices of shares and houses, but generating nothing in terms of real wealth or employment.

Holders of assets such as stocks and houses, therefore, have done very well out of QE, which has increased the wealth of the richest 5 percent of the UK population by an average of £128,000 per head.

How can this be? Where does this additional wealth come from? After all, while money – contrary to Tory sloganeering – can indeed be created ‘out of thin air’, which is precisely what QE has done, real wealth cannot. And QE has not produced any real wealth. Yet the richest 5 percent now have an extra £128,000 to spend on yachts, mansions, diamonds, caviar and so on. So where has it come from?

The answer is simple. The wealth which QE has passed to asset-holders has come, first of all, directly out of workers’ wages. QE, by effectively devaluing the currency, has reduced the buying power of money, leading to an effective decrease in real wages, which, in the UK, still remain 6 percent below their pre-QE levels. The money taken out of workers’ wages therefore forms part of that £128,000 dividend. But it has also come from new entrants to the markets inflated by QE – primarily, first time buyers and those just reaching pension age.

Those buying a house (which QE has made more expensive), for example, will likely have to work thousands of additional hours over the course of their mortgage in order to pay this increased cost. It is those extra hours that are creating the wealth which subsidizes the spending spree for the richest 5 percent. Of course, these increased house prices are paid by anyone purchasing a house, not only first time buyers – but the additional cost for existing homeowners is compensated for by the rise in price of their existing house (or by their shares for those wealthy enough to hold them).

QE also means that newly retiring pensioners are forced to subsidize the 5 percent. New retirees use their pension pot to purchase an ‘annuity’ – a bundle of stocks and shares generating dividends which serve as an income. However, as QE has inflated share prices, the number of shares they can buy with this pot is reduced. And, as share price increases do not increase dividends, this means reduced pension payments.

In truth, the story that QE was about encouraging investment and boosting employment and growth was always a fantastical yarn designed to disguise what was really going on – a massive transfer of wealth to the rich.

As economist Dhaval Joshi put it in 2011: “The shocking thing is, two years into an ostensible recovery, [UK] workers are actually earning less than at the depth of the recession. Real wages and salaries have fallen by £4bn. Profits are up by £11bn. The spoils of the recovery have been shared in the most unequal of ways......................”

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'And he (the devil) said to him: To thee will I give all this power, and the glory of them; for to me they are delivered, and to whom I will, I give them'. Luke IV 5-7.
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Whitehall_Bin_Men
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PostPosted: Mon Jul 31, 2017 11:22 am    Post subject: Reply with quote

9/11 to Armageddon: Bankers Plan Wars - William Stuart
YouTube - 30 Mar 2014

Link

https://www.youtube.com/watch?v=gB-4O5C2hVw

_________________
--
'Suppression of truth, human spirit and the holy chord of justice never works long-term. Something the suppressors never get.' David Southwell
http://aangirfan.blogspot.com
http://aanirfan.blogspot.com
Martin Van Creveld: Let me quote General Moshe Dayan: "Israel must be like a mad dog, too dangerous to bother."
Martin Van Creveld: I'll quote Henry Kissinger: "In campaigns like this the antiterror forces lose, because they don't win, and the rebels win by not losing."
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TonyGosling
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PostPosted: Tue Aug 01, 2017 10:14 pm    Post subject: 9-11 to Armageddon, Bankers Plan Wars Reply with quote

9-11 to Armageddon, Bankers Plan Wars
William Stuart 9 11 to Armageddon Bankers Plan Wars Interview by Janie Full Version

Link

https://www.youtube.com/watch?v=RLGZbg4u0Yo

Janie of Taxfree UK 15 interviews William Stuart on his latest book: 9-11 to Armageddon, Bankers Plan Wars
http://william-stuart.blogspot.co.uk/

He is outlining the incredible story about the "Untouchables" who now will become touchable and are being exposed for what they are. He is decribing the historic build up of the Arab Brotherhood, Al Quaeda by the globally operating Bankster Cabal through their minions.

_________________
www.lawyerscommitteefor9-11inquiry.org
www.rethink911.org
www.patriotsquestion911.com
www.actorsandartistsfor911truth.org
www.mediafor911truth.org
www.pilotsfor911truth.org
www.mp911truth.org
www.ae911truth.org
www.rl911truth.org
www.stj911.org
www.v911t.org
www.thisweek.org.uk
www.abolishwar.org.uk
www.elementary.org.uk
www.radio4all.net/index.php/contributor/2149
http://utangente.free.fr/2003/media2003.pdf
"The maintenance of secrets acts like a psychic poison which alienates the possessor from the community" Carl Jung
https://37.220.108.147/members/www.bilderberg.org/phpBB2/
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Whitehall_Bin_Men
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PostPosted: Sat Oct 07, 2017 6:25 pm    Post subject: Reply with quote

UK productivity sinks again as Britain edges closer to decade of stagnation
http://www.independent.co.uk/news/business/news/uk-productivity-growth -latest-sink-stagnation-decade-public-finances-economy-second-quarter- wages-a7986111.html

The ONS reported that real output per hour worked fell by 0.3 per cent in the three months to June

Ben Chu Economics Editor @Benchu_ a day ago 5 comments The Independent Online

The UK’s productivity sank again in the second quarter of 2017, edging Britain closer to a lost decade of productivity growth, increasing the likelihood of the emergence of a new hole in the public finances.

The Office for National Statistics reported on Friday that UK real output per hour worked fell by 0.3 per cent in the three months to June.

This followed an expansion of just 0.1 per cent in the first quarter.

Labour would remedy 'lost decade' of Tory failure, pledges Corbyn
5 charts that show the UK economy is in the middle of a 'lost decade'
Britain ‘facing lost decade of economic growth’
That means the level of UK productivity remains below where it was in the final quarter of 2007, before the financial crisis and recession hit.

Such a prolonged period of productivity stagnation for the UK is unprecedented in modern times and is one of the key drivers of the dismal performance of average wages since the crash.

At the time of the March Budget, the Office for Budget Responsibility (OBR) forecast output per hour would grow by 0.5 per cent in the first quarter of 2017 and 0.3 per cent in the second quarter.

Over 2017 as a whole the OBR projected the UK economy’s productivity would grow by 1.6 per cent, with 1.5 per cent next year and 1.7 per cent in 2019, rising to 1.8 per cent in 2020.

The Treasury expects the OBR to respond to the latest disappointing outturn data to revise down its productivity growth forecasts over the next five years, slashing projected tax revenues and eating deep into the £26bn of headroom that the Chancellor Philip Hammond had been projected to have in 2020-21 against his own fiscal rules.

The ONS also reported on Friday that the output per hour gap between the UK and the average for the rest of the G7 economies was 15.1 per cent in 2016.

Lost decade approaching

Productivity, by this measure, was 25.6 per cent below Germany's and 22.3 per cent below that of France.

Many economists expect Brexit to reduce the UK’s long-term productivity performance by lowering trade flows with our nearest neighbours and also restricting immigration.

The OBR revised down its forecast for UK trend potential productivity growth in the wake of the Brexit vote between 2017 and 2020, reflecting its expectation of less productivity-enhancing business investment due to uncertainty over future trade arrangements and resulting in a £7.2bn hole in the public finances by 2020-21 relative to otherwise.

_________________
--
'Suppression of truth, human spirit and the holy chord of justice never works long-term. Something the suppressors never get.' David Southwell
http://aangirfan.blogspot.com
http://aanirfan.blogspot.com
Martin Van Creveld: Let me quote General Moshe Dayan: "Israel must be like a mad dog, too dangerous to bother."
Martin Van Creveld: I'll quote Henry Kissinger: "In campaigns like this the antiterror forces lose, because they don't win, and the rebels win by not losing."
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TonyGosling
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PostPosted: Sat Oct 28, 2017 9:32 pm    Post subject: Reply with quote

Friday 27 October 2017 6:00am
"Shocking ignorance" from MPs who don't know where money actually comes from
http://www.cityam.com/274631/shocking-ignorance-mps-dont-know-money-ac tually-comes

The majority of Britain's politicians don't know where money comes from, despite being tasked with deciding how much of it ends up being spent, according to a poll of MPs published today.

Only 15 per cent of MPs surveyed answered correctly when asked a true/false question on whether banks create money when they make loans.

Almost two-thirds of the 50 MPs surveyed by Dods for campaign group Positive Money wrongly thought banks can't create money, while a quarter admitted they didn't know.

Read more: Politicians get lost in search of the fabled Magic Money Tree

In a far from stellar field Conservative MPs outperformed slightly “in this regard”, with 19 per cent answering correctly, compared to only one in 20 Labour MPs.

More than three-quarters of the MPs surveyed incorrectly believed that only the government has the ability to create new money. Some 23 per cent knew this to be false, with Labour performing better than the Conservatives.

The Bank of England has previously intervened to point out that most money in the UK begins as a bank loan. In a 2014 article the Bank pointed out that “whenever a bank makes a loan, it simultaneously creates a matching deposit in the borrower’s bank account, thereby creating new money.”

The perception of money creation has been complicated further by the unorthodox use of quantitative easing, in which the government creates money electronically, which is then used to buy financial assets.

Fran Boait, executive director of Positive Money, said: “Despite their confidence in telling the public that there is ‘no magic money tree’ to pay for vital services, politicians themselves are shockingly ignorant of where money actually comes from.

“There is in fact a ‘magic money tree’, but it’s in the hands of commercial banks, such as Barclays, HSBC and RBS, who create money whenever they make loans."

_________________
www.lawyerscommitteefor9-11inquiry.org
www.rethink911.org
www.patriotsquestion911.com
www.actorsandartistsfor911truth.org
www.mediafor911truth.org
www.pilotsfor911truth.org
www.mp911truth.org
www.ae911truth.org
www.rl911truth.org
www.stj911.org
www.v911t.org
www.thisweek.org.uk
www.abolishwar.org.uk
www.elementary.org.uk
www.radio4all.net/index.php/contributor/2149
http://utangente.free.fr/2003/media2003.pdf
"The maintenance of secrets acts like a psychic poison which alienates the possessor from the community" Carl Jung
https://37.220.108.147/members/www.bilderberg.org/phpBB2/
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Whitehall_Bin_Men
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PostPosted: Sun Nov 05, 2017 12:32 pm    Post subject: Reply with quote

Creeping erosion of privacy: New EU directive will help internet cartel giants access your BANK ACCOUNT
New EU directive will help internet giants access your BANK ACCOUNT
express.co.uk
https://t.co/VRHBnmu0Ph

_________________
--
'Suppression of truth, human spirit and the holy chord of justice never works long-term. Something the suppressors never get.' David Southwell
http://aangirfan.blogspot.com
http://aanirfan.blogspot.com
Martin Van Creveld: Let me quote General Moshe Dayan: "Israel must be like a mad dog, too dangerous to bother."
Martin Van Creveld: I'll quote Henry Kissinger: "In campaigns like this the antiterror forces lose, because they don't win, and the rebels win by not losing."
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