Sunday, November 20, 2011

Collapse of The Monetarist Society

In Surat al-Anbiya (21:44-45) Allah the Exalted declares:

No indeed! We have given these people enjoyment,
as We did their fathers,
until life seemed long and good to them.
Do they not see how We come to the land
eroding it from its extremities?
Or are they the victors?
Say: ‘I can only warn you through the Revelation.’
But the deaf cannot hear the call when they are warned. -

The eroding of the coastlines is one of the effects of our analysed miasma. It is one of the indications of how the present world sickness is itself a defiance of the Divine Creator, may He be exalted, and the natural laws on which He has set up existence.

Certainly the present world system has given a smaller and smaller minority a life which has “seemed long and good to them.” Yet men today live inside a distorting psychosis.

The psychosis of numbers-wealth. This is the state of the one who thinks modern money exists. So, firstly, the need to grasp the nature of money, the non-existent nature of ‘money’ itself. Let us examine the structuration of currency.

The widow’s mite. The cent and the penny. Thus it begins with the poor. The decimal foundation of paper money. From 100 coins we reach a One-Something paper note. From there the ‘notes’ soon spiral from hundreds to thousands. As the system goes into action it begins to scoop up the world’s intrinsic value commodities, land and minerals. In order to acquire property and goods to the maximum, where once a hundred were needed, it then becomes a thousand. In our own lifetime a rich man was called a millionaire. Now he is a billionaire. National debts which were calculated in billions are now counted in trillions. The joked-of zillions are fast becoming the new reality.

This proliferation of money has three stages. A ‘local’ or national currency of paper-notes. They in turn are graded into tradable and non-tradable. The tradable can be used in the ‘world-market’ while the latter are blocked from any but local usage and exchange. This is the first stage. A new nation, like Croatia, is ‘granted’ its own currency.

The second stage is the arena in which the acquired wealth gained by the ‘money’ is so successful that the small base of a currency, merely national, is seen as hindering wealth expansion. Trading zones are united, so that what once were nations become trading-blocks with one new currency covering that of the new grouping. The model was the European Community which demanded the Euro. The similar models can be observed in South-East Asia and South America. Logic insists that the new syncretic “communities” merge finally into “the International Community”, already politically prepared for it, and named in media on a daily basis so that people believe it too exists.

The third stage is the acceptance of an anti-money. Since the money itself is non-existent it is only logical (if irrational!) that alongside money should exist an openly admitted anti-money. This in turn will provide a ‘proof’ that the primary money system is real by contrast with anti-money. Anti-money is a non-money system that is then given parity with “real” money. This non-money is debt. It then follows that debt can be bought and sold like “real” money.

It is not accidental that the two great financial institutions that are based on this anti-money, debt, have been given the names of a man and a woman. The ignorant masses are told that this non-money is in the hands of two nice homely peasants, Freddie Mac and Fannie Mae, somehow it is reassuring. The actual situation that now stands revealed is that should these two banking institutions crash, so enlaced are they with the ‘real’ money that the whole system itself would come crashing down. The masses have been told that all is well – the national government has “stepped in” to rescue everyone. This in turn is a further lie which reveals where power truly lies. The national money is in fact a private conglomerate of super-banks deceptively named “The Fed”.

To return to the legendary ‘currency’ – dollars, pounds, roubles, euros and so on.

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