By JC Collins
Does modernization feed money printing or does money printing feed modernization? Or do they both feed each other through an invisible process of mulching and chewing?
The modern method of money creation which is personified in our debt based system is little understood by the masses. There are many reasons for this but none more obvious than the fact that the disorganized masses are not educated about the esoteric nature of money and how the alchemical process of turning nothing into something is a secret formula hidden from all but a few.
Politicians make promises about change and better times based upon falsified and illusionary arguments which never draw attention to the method of money creation or how culture is structured around it.
The sole purpose of everything in society is about promoting and sustaining the debt based system. The system, a method by which wealth, the time and labor of man, is converted into currency to service yesterdays debt so debt tomorrow can continue, requires a continuous creation of debt, or expansion of credit.
This credit, the act of money creation, has injection points into the sociological structure, by which expansion is not only necessary, but guaranteed.
Some of these injection points are home mortgages, car loans, student loans, credit cards, including department store cards, and the other numerous and spin-off injections points, such as home equity loans, vehicle title loans, etc..
The increase in population further expands the credit injection points as more debt requires more time and labor to service, and more potential time and labor requires additional capital to secure tomorrows debt expansion. It gets to be that both feed continuously on one another until there are no differentiating components.
The injection points themselves, once established, have to continuously draw in the additional time and labor to ensure the flow of money creation is not disrupted.
The human propensity for mammon is capitalized on to effortlessly widen the injections points. Methods used include the slow leakage of technology into the sociological sphere at a pace which feeds both modernization and money creation at a level of conscious symbiosis between man and matter.
Every year we are introduced to the latest automobile models and lambasted with endless marketing telling us why we need the latest and greatest. Fashions change from season to season and year to year. Home renovation television shows convince us that our home is in fact not good enough and we must get an equity loan to upgrade the inferior aspects of our lives.
Careers are increasingly more difficult to obtain without education and the required level of education can only be reached by ever larger student loans.
Then there are the ancillary aspects of money creation which drain away our so-called disposable income. The endless list of these distractive and intangible injection points include the latest must see trip to the multiplex theater, music, games, food that isn’t food, shoes, speeding tickets, parking tickets, virtually everything at Walmart, and all other segments of functional civilization.
All this money goes back into the system to continuously feed the process. It is virtually impossible to go through life and not accumulate debt while maintaining the lifestyle which is promoted to us.
The more money is printed the more injection points are required and the larger they must become. This is why money printing has increased dramatically in the last decade. The system is being prolonged until the replacement system is in place and ready to be activated.
Think of it like an individual collecting so much debt that they can no longer service their own debt, so they either declare bankruptcy or get a debt consolidation through a recognized financial institution. Then the debt collection and money expansion can continue once more.
The same process happens with sovereign debts. They can be expanded endlessly until the new system is ready to consolidate the old debt into the mechanics of the new system.
Today we are on the verge of such a new system. In fact the system should have changed alongside the collapse of the Soviet Union but was prolonged. The two big opposing paradigms since the Bretton Woods Agreement of 1944 were the intentionally opposing paradigms of democracy and communism. Both ideologies were locked in the embrace of the cold war with both sides funded by the same international banking interests.
After the fragmentation of the Soviet Union the western world appeared to inherit a unipolar world. With appearances being deceiving the United States was forced to instigate the first gulf war and ensure that Iraqi oil continued to be denominated in dollars.
From there the unipolar world was lead from one crisis to another, all in efforts to extend the life of the dollar until such a time that the international banking interests were able to secure and implement central bank infrastructure, along with policies and procedures for the remainder of the world.
Along the way new injection points were created and old ones were expanded to facilitate the increased flow of credit. The great credit expansion of the late 20th Century and early 21st Century was realized through easy mortgages and abundant credit cards and vehicle loans. All sorts of mammon devices were created to ensure the dollars being printed had somewhere to go until the time came for the next economic reset.
A somewhat distorted level of negotiation is still taking place around the world which is pushing the life of the dollar based system as far out as possible while still being able to effectively manage the expansion of credit. The world is running out of places to dump debt and the hired politicians are hard pressed to sell the script.
The modernization and urbanization which took place after World War Two likely had more to do with our debt based system of money creation. This growth in the sociological sphere had to be handled and engineered to hold the disorganized masses within invisible fences. The marketing and financing of the injection points began and a new way of life was promoted.
Another pattern which can be extrapolated from this same line of logic is that the Industrial Revolution, which began in and around the year 1760, was only possible because of the new methods of money creation which began with the founding of Stockholms Banco, the worlds first central bank, in 1657, by the Dutch merchant Johan Wittmacher.
Wittmacher was credited with introducing paper money to Europe and was the first banker to implement the system of loaning out depositor money and using paper certificates as a means of ensuring the depositors would not come back for their original deposits.
This was followed up in the year 1694 with the founding of the Bank of England, the worlds second central bank. From their the money flowed and there was plenty of it to finance development, modernization and industrialization. The world would never be the same.
Of course modernization is a wonderful thing when compared to the bare existence in years gone by. But it still begs the question proposed at the beginning of this post. Does modernization feed money printing or does money printing feed modernization?
Was the potential for modernization simply bulging at the seems of civilization and just waiting for the right system of organization in order to finally break free and push humanity in new directions?
Or was modernization a by-product of mass money printing by way of credit injection points?
If our modern and developed world is built on mammon how are we ever to escape its clutches and push forward with the full realization of humanities potential? – JC