Return to Gold Standard Will Bring Disaster (Gold Standard Is a Bankers' Scam)

Source: Real Currencies

The Crunch Is Back, There's Going To Be A Gold Standard, And It Will Be Disastrous

by Anthony Migchels on October 14, 2019

(Left: Mark Carney, top Kingpin of the vipers enslaving and destroying the West and the World.)

There we have it folks. The next round in the Crunch is here, and Central Banks have suddenly started saying that a Gold Standard will be necessary to start anew.

The Gold Standard will force an excruciating deleveraging, austerity, deflation, and depression, and bring immense pain to the masses.

The Real Populists have been warning against the coming Gold Standard as the Banker Master Plan to destroy America for decades. The Libertarians in the Truth Movement have a lot of explaining to do, for continuing selling the Banker Plan to the uninitiated.

By Anthony Migchels, for HenryMakow.com

Consider the events of the last few weeks.

First Mark Carney, boss of the Bank of England makes an incredible speech, simply announcing the end of the US Dollar's reserve currency status, and succession by an IMF generated and controlled World Reserve Currency. He went on to say the coming crises would be used to facilitate the transition.

Then two weeks ago, the FED's repo rate suddenly spiked to 10% (!!). It's supposed to be sitting at about 0%. The Banks weren't lending to each other, that's what caused the crisis. The FED had to dole out $75 Billion to get things under control.

Then over the weekend, the FED suddenly announced it would start Quantitative Easing 4.0, even though they don't want to call it that, as they don't want to admit the gravity of the situation. But it was pretty much an open secret that it would be inevitable.

And now major Central Banks are saying that we will need a Gold Standard after a reset.

Now have a look at this graph, courtesy David Jensen:

This is the trend of M2 growth over the last few decades. As you can see, the money supply has stopped growing, while it needs to grow quite substantially to keep the interest-charges payable. As a result, there is less and less money available in the real economy, and this is hammering economic activity.

It is the result of the FED's tightening policies, raising rates and so called 'tapering', taking the cash they injected to keep things going after the 2008 crash out of the economy again.

As we can see, the results have been disastrous. We're now at 2008 levels of money growth, and a major crash is all but unavoidable, and has already begun.

Of course, this is not caused by 'incompetence'. The FED knows exactly what it has been doing, and many commentators have been pointing it out. Even Trump was on their case about it. In fact, it must have been quite unnerving for them, to do it while all the initiated saw it clear as day. On the other hand, the effects of this must not be overstated. It's over for the FED, they will be soon replaced. They will get the blame for everything, and everybody hates their guts, and the FED's owners have had their successor ready for a very long time now. The real managers and owners of the System will of course remain the same, they're just conveniently changing their vehicle, as they have so many times, in so many countries throughout Modernity.

The Coming Gold Standard

The Bankers have routinely switched between Gold and Credit based systems, and it's always the same: credit if they want to create debt and inflate, Gold Standards, when they want deflation and associated depression. They went paper based money in 1914, to finance the War. Their man Winston Churchill reinstated the Gold Standard for the Bankers in 1925. It duly led to scarcity of money, and a terrible crash. Germany left the Gold Standard in 1931, but only under Hitler and Schacht did the economy get reflated, something that only happened in the US and Britain when the War started.

After the War, all currencies were tied to the Dollar, which in turn could be converted into Gold. This was mainly to drain America's Gold Reserves, and this worked like a charm. When America lost most of its Gold, it closed the Gold window, and since then Gold convertibility was over. And now it's back to Gold again.

Of course, the Gold Standards of the 19th Century were all Rothschild controlled: Rothschild controlled the Bank of England, which ruled through the Pound Sterling as World Reserve Currency. The same people are obviously behind the FED, and the coming Gold Standard.

The Twenties are going to be terrible. The West's free fall will escalate. America is the main target and will get hit beyond belief. Before the decade is over, the American Empire will be gone: they simply won't be able to afford these 800 foreign bases and $1 Trillion fighter gadgets, and $8 Trillion Middle Eastern extravaganzas anymore.

But rest assured the Pentagon will demand Social Security, State Pensions, and Food Stamps must go first. And that they will get their way.

The Empire's demise will leave a huge power vacuum, and will create only vastly more chaos all over the World.

Conclusion

This is the big one. We all know it had been coming. Mark Carney simply spelled it out and was kind enough to give a time table.

The West is facing destruction, it's all out war against us by the Money Power.

There will be huge confrontations between the Peoples of the World and 'elites'. Nobody will be able to deny anymore that we face an existential war against the Plutocracy. We can't afford to be distracted by the losers (migrants, for instance) anymore.

And the truth is that our owners have been preparing for centuries for this. They will have a few tricks up their sleeves, doubt it not.

It is going to be us, the Peoples of the World, the working people, the normal people everywhere, or it's going to be the hyper rich. There is not place for both of us. We can have a World where everybody does his bit, and shares in the rewards, or we can have a few parasites marching all of us off into debt slavery and annihilation.

The sooner we make peace with this, the better it is. Because it is the Truth, and things have been out of control for really way too long already.
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This money system of involuntary servitude is against the 13th Amendment of the US Constitution. 13th Amendment: Abolition of Slavery. Americans need to drop the pretenses and organize nationally to bring down the banks. There is no other option at this point. The gold standard is an intentional banker weapon to deflate then destroy the system.

13TH AMENDMENT 

Abolition of Slavery

Passed by Congress January 31, 1865. Ratified December 6, 1865. The 13th Amendment changed a portion of Article IV, Section 2  

Section 1

Neither slavery nor involuntary servitude, except as a punishment for crime whereof the party shall have been duly convicted, shall exist within the United States, or any place subject to their jurisdiction.

Section 2

Congress shall have power to enforce this article by appropriate legislation.

Dick Eastman on the Wealth Money Radio Show 2016/11/26

 

Some interesting background on how money is used as a mechanism of control:

"How to study the effects of control of money ... 

At the start of this piece I've tried to outline some of the ways in which control of money produces its own special psychology, of which most people are completely ignorant. Examples include: inflation as something wanted because it means more printing of more money; wish to control entire countries to extract money from their bank system; generation of scares by control of the media; buying up of real assets with paper, especially if it is likely to be seen as of reduced value; manipulating stock exchange prices, as in the well-known case of Rothschild at the end of the 'Napoleonic' wars; squeezing money supply; controlling raw materials so that the costs incurred are far higher than the value of materials. 

It takes some mental effort to think oneself into the frame of mind of these rather few people. I wouldn't claim to have complete insight; but it must come to seem fairly natural to them, presumably based on what they think of as sacred books. Non-Jews are in the position of people trying to play chess, or bridge, or poker with experts. I'd like to see puzzles in newspapers replacing crosswords and chess problems with real-world equivalent problems. And I think Jews should be specially studied—it's amazing that their tenets are simply unknown to most people, even those professionally dealing with religions. And I'd like to see abstract consideration of sets, and the way numbers of people interact, to produce results abstract to remove natural biases. There have been some attempts to analyse power logically, 'socionomy' rather than sociology, attempting to flesh out the skeletal material of official statistics. But names such as Pitirim Sorokin and Lewis Fry Richardson and Quincy Wright, now seem ancient, and are in any case pre-date computers. It may well be found that Jews (and/or Muslims) per head were the most deadly people who ever lived, so it's predictable they will oppose such studies."

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Related:

Why Russia And Iran Are Ditching The Dollar

Legal Tender Laws and the Banks

Russia Liberates Iran From SWIFT Blackmail, Gives Access to Alternative Banking Network

Oligarchs Will Crash System to Boot Trump – Paul Craig Roberts


Something to seriously consider as the complete collapse of the US dollar as a world reserve currency is approaching.

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