a)Politicians want to spend money, to buy votes and influence, and to feed their own bank accounts.

b)Bankers want to expand their influence and control over both the economy and the political process.

c)The bankers’ solution is simple; buy politicians and implement a central bank under the control of private bankers, while giving the politicians a small but public voice in the control of the nation’s money supply.

CENTRAL BANK:

a)All hard money (real money that is a store of value = gold and silver) is forced out of circulation.

b)All new currency ( currency, not money) is created by the Central Bank as debt, which must be serviced with interest payments, much of it to bankers.

c)The supply of currency inevitably grows because currency (debt) must be increased to pay the interest on the previously issued debt, and because politicians will find a way to spend ever more currency each year, which creates deficits, which must be funded by more borrowing, which creates more debt and more currency.

d)The Central Bank will provide as much new currency (debt) as the politicians want to spend. (Watch what Central Banks do, not what they say.)

e)The politicians want to spend more each year, so they pressure the Central Bank to keep interest rates artificially low.

f)An artificially low interest rate induces businesses, individuals, and governments to borrow excessive amounts of currency. (This increases total debt in the system.)

g)Currency in the economy expands inevitably and exponentially. Hence interest to service the debt must expand exponentially.

h)Eventually the debt and debt service get so large they overwhelm the capacity of the economy to support the debt. (The parasites suck the life out of the host.)

i)Politicians and Central Banks do everything possible to maintain their power, influence, and wealth. This includes printing money, monetizing debt, increasing taxes, confiscating assets, creating a police state, initiating war etc.

j)Eventually the system implodes, many paper assets revert to near zero value, most paper wealth disappears, and the system rebuilds from a much poorer and simpler condition. In the process middle class wealth is devastated or transferred to the rich and the political class.

CONCLUSION:

The nature of politics and Central Bank greed makes the economic and currency collapse inevitable. The use of debt as currency inherently creates its own destruction of value and inevitable demise. Gold is one of the few assets that can safely protect against politicians and central banks sucking the wealth out of the middle class and the poor.

The process of creating ever increasing amounts of debt is a planned process by which the rich get richer, the poor stay poor, and the middle class is inevitably squeezed by increasing taxes, stagnating wages, unemployment, increasing expenses, and declining investment returns due to the low interest rates. It also causes the economic and political system to become more unstable because it concentrates wealth in the hands of the few and overloads individuals, businesses, and governments with debt. Further, the debt (currency) increases exponentially and the quantity of physical wealth (gold, real estate, oil etc.) is finite. Hence the prices for physical assets must increase exponentially, particularly near the end of the cycle (such as now). Eventually the currency must collapse, prices must go much higher, the standard of living plummets, and the government restructures or collapses.





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