Cashless control

"Control money and you control the world" may sound trite but it is a statement of deep significance and reveals a truth which the Structural Elite would prefer us not to understand. Critical Thinking's analysis calls for an ecology of money with no central control for this very reason.

Amid the excitement over Bitcoin and other so called crypto-currencies, we are ignoring how the banking and financial powers are seeking to colonise digital cash.

The Cashless Society Almost Here And With Some Very Sinister Implications by Patrick Henningsen
Among the long list of items bundled by consensus reality merchants under the banner of ‘conspiracy theory’, is a world without cash – where technocrats rule over the populace, and everything and anything is exchanged via plastic and RFID chips.
In this sterile and controlled Orwellian hi-tech society, the idea of cash being passed from hand to hand would be as archaic as the thought of carrying around a rucksack of tally sticks today.

The nature of this political economy is that it will adopt, pervert and capitalise on popular ideas to further the one world government agenda - centralised power. As Daily Pickings has pointed out before, the Positive Money agenda is being co-opted by the Structural Elite and they appear to be accelerating the momentum towards a "cashless society" by combining the Positive Money agenda with digital cash.

There is a further sinister element emerging. Critical Thinking has long championed sharing the wealth of the commons in the form of a Citizens Dividend - a very different concept to "basic income" which is discussed in terms of affordability in the current tax and benefits paradigm. Growing support for basic income is, like the Positive Money agenda, being integrated into the caravan for digital cash, with the added attraction (for the Structural Elite) of micro-chipping the "domesticated cattle" - us.

So we have Positive Money founder, Ben Dyson, working at the Bank of England on this plan to tighten control through digital cash and Guy Standing, champion of basic income, attending Bilderberg. We are not suggesting either has sold his soul to the devil but they mistakenly believe that swift adoption of their "idea" will move us towards a better place. The reality is quite different.

How money is controlled, and the wealth of the commons distributed, is crucial and must take account of the system within which money and power operate.

The political economy is a system, comprising many sub-systems; if we don’t understand the whole but apply remedies (prescribed by “experts” who have little or no understanding of the political economy as a system) to symptoms, the origins of which we don’t recognize, we are likely to make matters worse, rather than better. - Reform Proposals in the Monetary System for Attaining Global Economic Stability  - Critical Thinking at the Free University

In the US version of the series "House of Cards" is a line: "everything is about sex, except sex". Sex and money rule the world and always have.

Cheating Females: The Production of Inequality, by Illusions of Equality by Colin McKay

I’ve been deceiv’d. The Publick Safety
Requires he should be more confin’d; and none,
No not the Princess self, permitted to
Confer with him. I’ll quit you to the King.
Vile and ingrate! too late thou shalt repent
The base Injustice thou hast done my Love:
Yes, thou shalt know, spite of thy past Distress,
And all those Ills which thou so long hast mourn’d;
Heav’n has no Rage, like Love to Hatred turn’d,
Nor Hell a Fury, like a Woman scorn’d.

Comments   

 
0 #4 Clive Menzies 2017-07-23 20:28
Quoting Ralph:
My answer to that is as per my above comment, namely that it is widely accepted that VARIOUS POWERS should be centralised. No one disagrees with that. You don’t disagree with that. Second, Positive Money and Ben in particular have ALWAYS argued that one particular power should be centralised, namely money creation. To that extent, the fact that Ben gets a job with the “money creator” namely the Bank of England is the near irrelevant. Third, the BoE always has had money creating powers: the BoE creates money when it cuts interest rates or does QE. So all in all I don’t see that your point amounts to much.


Critical Thinking's analysis suggests centralised power is the major problem. Hierarchy shapes the political economy to benefit those at the top and the Bank of England is an integral part of that control structure.

Quote:
The idea that PM is unaware of the various “criminal” activities for which banks are responsible is laughable. Every tabloid newspaper reader knows banks have indulged in a range of criminal activities.
Mark Carney, colluded with George Osborne to quash the indictment of HSBC and any senior executives for their admitted crimes - a $1.3Bn fine is nothing to a bank which creates money from nothing. Links to the evidence are in the Banking Mafia post.

Quote:
Re the idea that the Rothschilds somehow control the BIS, that’s also laughable. The Rothschilds family is now a pale imitation of it’s former self – unless of course you can provide a list of BIS committees where members of the Rothschilds family are over-represented.
Rothschilds have been adept at hiding their wealth and power behind agents, nominees and companies for centuries.
freecriticalthinking.org/daily-pickings/1727-is-rothschild-the-richest-and-most-powerful-family-on-the-planet

Quote:
Next, thanks for directing me to the “False Prophets and Contradictions” article in which Richard Werner explains how money is created. He’s saying much the same is Positive Money there.!!!!!!
Richard, the one economist to have empirically proven the point, is an exception; he also expresses concern about digital cash and PM.

Quote:
Finally, it would seem from the first half of your comment that you do not have much of a clue, thus I can’t be bothered with the second half. Nor will I bother responding to any more of your comments or articles for a long time.
My comments and Daily Pickings are much less important than the underlying information provided through links therein. If one accepts the premise that we are consistently lied to, we cannot rely on orthodox academia, media, politicians etc. for an understanding of the political economy. We have to look beyond "authority" for answers. We've found collaboration to be invaluable to cover enough of the system to be able to join the dots.

We are guided, to a great extent, by Bertrand Russell's Liberal Decalogue which specifically refers to authority.
https://www.brainpickings.org/2012/05/02/a-liberal-decalogue-bertrand-russell/

Thank you for your comments
 
 
0 #3 Ralph 2017-07-23 15:58
“I'm sure that Ben has no intention of using PM's ideas to exercise control but he's been drawn into a system of centralised power where control is aggregated.”

My answer to that is as per my above comment, namely that it is widely accepted that VARIOUS POWERS should be centralised. No one disagrees with that. You don’t disagree with that. Second, Positive Money and Ben in particular have ALWAYS argued that one particular power should be centralised, namely money creation. To that extent, the fact that Ben gets a job with the “money creator” namely the Bank of England is the near irrelevant. Third, the BoE always has had money creating powers: the BoE creates money when it cuts interest rates or does QE. So all in all I don’t see that your point amounts to much.

“While focusing on updating and implementing the Bank Charter Act of 1844, PM ignores the existence of the criminal banking cartel, controlled by the Rothschild led Bank of International Settlements (BIS) in Basel.”

The idea that PM is unaware of the various “criminal” activities for which banks are responsible is laughable. Every tabloid newspaper reader knows banks have indulged in a range of criminal activities.

Re the idea that the Rothschilds somehow control the BIS, that’s also laughable. The Rothschilds family is now a pale imitation of it’s former self – unless of course you can provide a list of BIS committees where members of the Rothschilds family are over-represented.

Next, thanks for directing me to the “False Prophets and Contradictions” article in which Richard Werner explains how money is created. He’s saying much the same is Positive Money there.!!!!!!

Finally, it would seem from the first half of your comment that you do not have much of a clue, thus I can’t be bothered with the second half. Nor will I bother responding to any more of your comments or articles for a long time.
 
 
0 #2 Clive Menzies 2017-07-23 12:47
Quoting Ralph:
Simply saying that Positive Money and Ben Dyson want to “tighten control” is a very feeble criticism of PM’s ideas.


Thanks Ralph

First, Positive Money has been a powerful force in awakening people to the realities of our banking system and Ben Dyson is to be applauded in this regard. Positive Money's work has contributed to Critical Thinking's analysis on usury and the global money system.
freecriticalthinking.org/daily-pickings/2268-free-university-comes-of-age

I'm sure that Ben has no intention of using PM's ideas to exercise control but he's been drawn into a system of centralised power where control is aggregated.

While focusing on updating and implementing the Bank Charter Act of 1844, PM ignores the existence of the criminal banking cartel, controlled by the Rothschild led Bank of International Settlements (BIS) in Basel.
freecriticalthinking.org/daily-pickings/2231-banking-mafia

Economists have a very narrow, deliberately controlled, view of the world and subscribe to numerous myths and fallacies while failing to recognise fundamental flaws in the political economy. Few understand the political economy as a system.
freecriticalthinking.org/daily-pickings/1501-false-prophets-and-contradictions

Milton Friedman came out of the Rockefeller endowed Chicago Business School, birthplace of the Shock Doctrine, aka. neo-liberalism. Privatise everything and rent it back to those whose birthright has been stolen - usury and theft of the commons.
http://freecriticalthinking.org/daily-pickings/1840-managing-the-public-mind


Tobin, like most "experts", doesn't understand the systemic nature of the problem. The "Tobin Tax" is akin to saying to a pimp, if you give me a share of the earnings, you can charge people to f*ck my nine year old sister.

Usury is theft and our economic system (and financial markets) is driven by interest on money - usury.

This is not about individuals but a system of incentives and penalties which have evolved over centuries to pervert the best of intentions by fostering ignorance of the real causes of problems while creating ideological division to distract from where the real problems originate... the political economy.
https://www.bitchute.com/video/JGs4Qu70Sc4y/

Rather than treat symptoms (such as banks creating money from nothing), we need to explore the underlying driver, usury.
freecriticalthinking.org/daily-pickings/1824-usury-power
 
 
0 #1 Ralph 2017-07-22 17:06
Simply saying that Positive Money and Ben Dyson want to “tighten control” is a very feeble criticism of PM’s ideas.

First, the basic idea put by PM, namely full reserve banking was also advocated by at least four Nobel laureate economists including Milton Friedmand and James Tobin. Are they equally sinister characters? Second, governements ALREADY have HUGE POWERS. As you are doubtless aware, they control armies, navies, air forces and the police. That’s quite a lot a power, unless I’m greatly mistaken.

Thus the CRUCIAL question is: what powers are best left with the private sector and which are best put into the hands of governments. In view of the fact that private banks print and lend out money precisely when we don’t want them to, i.e. in a boom, and then stop printing and lending precisely when we don’t want them to, i.e. in a recession, there are would seem to be a good case for having money creation powers in the hands of governments.

Plus there are numerous other arguments for banning private money printing: one of them is that it is precisely the fact that private banks can create money that leads to bank crises.
 

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