The Holistic World Planetary Paradigm of The Spiritual UN
Caring About the Whole
A Heart Centered Human Race for the Best in All
The Teilhard de Chardin Visionary Track for the Earth and Humanity
"Love is the affinity which links and
draws together the elements of the world... Love, in fact, is the agent
of universal synthesis."
Elite Loop enjoy a Niagra of Credit -- and they set the terms on which they shall have it. The Open Market Trading Desk at the NY Federal Reserve Bank is their Money Market Account
The Lower Loop must take the small "inflation fighting ration of credit that the Fed allows when it sets the discount rate affecting the amount of loans outstanding, our M1 money supply.
There is only one way to fix this.
Look at this brief exchange between Hogwood and Goertzen:
. . . the
"debt virus" fallacy that says, "The problem is that due to the
interest charge, ...the paying back the bank credit absorbs the
government fiat money, leaving insufficient for real current
But the banks pay this money back into trade and commerce
when they pay their ordinary business expenses, their salaries
and wages, and also pay interest to their depositors".
Says Law -- roughly the belief that demand creates its own
supply and price level adjusts/equilibrates to money supply --
is defeated in the domestic economy when the financial system,
which is on a different loop but manages the loop of money token
circulation we are on -- injects a flow of new money in loans
but extracts money in a flow of money equal to the principal of
the loan plus compound interest, resulting in chronic deflation
--which -- seeing that borrowing always precedes paying back --
can only mean destruction for those operating exclusively in the
Furthermore, problems arise when organized crime gets hold of
the money supply and creates effectively two money systems, one
for each loop. The elite loop enjoys perpetual bounty of
abundant purchasing power whenever they need it and
interest-earning savings from securities and corporation bonds
when they don't need it. And the lower domestic economy loop
which is kept on starvation rations of purchasing power, just
enough to get the work done that the corporations want done --
like a nation of Wal Mart employees.
The abundance of easy money and perpetual boom time for the
elite loop comes in part by its engine of (M3) money creation,
the open market securities market of the New York Federal
Reserve, where the Fed becomes the money market account of
international speculators. When they want to plunder a nation
with loans or buy-outs they sell some of their trillions of bond
holdings to the Fed in exchange for a checking account which
counts as fresh surplus reserves which, under the existing
fractional reserve system, may be lent out except for the
fraction that must be held back for reserve. But the check that
is spent is also deposited and that amount also becomes fresh
reserves of which a fraction may be lent out, and that leads to
new check leads to another deposit and another loan until all of
the original amount has become required reserves holding a
multiple amount of loans afloat. This is the so-called
multiplier effect, whereby a small an initial amount of new
reserves created by an open market sale of securities to the Fed
results in a multiple of new money created within the system.
However, since the elite financial sector and the international
monopoly power corporations they float are all part of an elite
club or crime families' syndicate all of this multiplier effect
creation of investment wealth is kept within the elite circle,
within the upper loop. Remember, in the elite loop the New
York Fed is told by Wall Street and London (Rockefeller,
Goldman-Sachs, Morgan and some others] how many securities will
be bought or sold -- and the elite can stick whatever corporate
paper or securitized mortgage instruments they choose with the
Fed and there will not be any complaint. That is first-class
accommodations on "spaceship earth."
Meanwhile down here in the lower loop where, presumably, you
live and certainly where I live, we are kept on a much
stricter regimen. We never get to see any of that free-flowing
elastic Open Market money. Instead we live or die at the
pleasure of the discount window of the Federal Reserve which
dishes out M1 checkbook money to the prisoners, where banks can
lend their securities to the Fed for a short term loan of a
small amount of reserves to keep them from going under their
reserve requirement -- but that is entirely at the
discretion of the Fed. You see they dish out the low-calorie
non-nutritious food to the prisoners, but they do not have to
eat it themselves. Ours is the loop of checkbook money created
by bank loans -- bank loans that expand or contract also
according to a multiplier effect that is tied to the "discount
rate" which is the rate at which the Fed makes loans to banks to
keep them from falling below their reserve requirement. The Fed
is free to inflate this money supply at will -- whenever they
want to steal pockets of middle class savings or wreck the
system to force some new emergency financial legislation they
have devised for their benefit. Our loop gets its purchasing
power from domestic commercial banks and other lending
institutions. For example the elite controllers at the Fed who
manage our lower loop for the elite of the upper loop, can lend
everyone down here money for mortgages and second mortgages in
one period, and then have their monopoly oil companies raise
prices of gasoline so high that budgets of the lower loop
households and businesses are put in disarray and a series of
foreclosures occur -- after which the elite loop speculators can
sell some of their bonds to the fed and with the money buy up
all of the foreclosed properties at fireside prices. And of
course the public isn't told about the elite loop of elite
So you who believe that profits are always plowed back into the
economy under Say's inviolable law -- think again. The money
we send into the Financial System as often as not never comes
around our way again.
The Lower Loop must take the small "inflation fighting ration of
credit that the Fed allows when it sets the discount rate
affecting the amount of loans outstanding, our M1 money supply.
Furthermore, the elite loop like to play with the government
sector and the foreign trade sectors as well. They force the
government into debt -- or rather the stooges whose elections
they bankroll and promote on their monopoly Fox, CNN etc news
media under the phony two party system cheerfully let the
Goldman Sachs people on their staffs design the budget -- so
that the National Debt is so big and growing at compound
interest that what we put into government is also never comes
back to us, having been diverted to service the public debt.
And in the foreign trade sector, the elite loop speculators are
free to sell a few trillion of their securities to the Fed --
they own the Fed by the way, so they don't loss the interest, in
case you were worrying about that -- then lend money to us,
through second mortgages etc. so we can by from China and other
countries long after our manufacturing sector has fallen to ruin
-- the elite loop financed the industrialization of cheap-labor
China and they financed our buying from them even when were were
not selling anything abroad to pay for it with. You see, when
the elite sit down for a game of Monopoly, they play to win. So
the foreign trade sector is also out of balance, taking in money
that we have gone into debt to give them, and never sending any
Their privilege in monopolizing credit comes at the expense of our privation (depriving us of our God-given right to life, liberty and happiness).
"Fix it with gold," did you say? How can you do that. The
elite own all the gold just like they own everything else. If
we get gold from them for our economy -- which they want us to
do, because then our debt obligations will have to be settled in
gold (even though what we borrowed as only "paper") -- we will
have to borrow the gold from them at interest to get the gold to
pay them in gold. (Everyone who is for a gold system is either
ignorant and too trusting or else an agent of the gold
monopolists. Again, there is nothing they want more than to
repeal legal tender laws -- which alone invests "paper" fiat
money with purchasing power -- and force a metallic standard.
Credit is like
water -- everybody should have some.
Social Credit is the only program provides elite-class credit to the American Household -- a regular and never ending stream of free-and-clear social credit dividend checks to each citizen -- replacing dependence on international bankers for our circulating purchasing power.
At any rate, here are two diagrams; one showing the failure of
Says law under the present Usury System and the other under a
system which does away with fractional reserve central bank
usury and institutes in its place direct tamper-proof social
credit payments, free and clear spending money, directly to
households so that the bottom loop denizens can be taken off
starvation rations and so that they can expect their creative
endeavors and good ideas to be profitable once in a while as
they finance their own way to a better future.
I write in full assurance that you both will pretend not to have
understood a word I have said, and am furthermore,
Below is a hasty diagram showing the problem. Note the spread
of interest rates which the elite international loop enjoys and
compare it with the high rates at which we, as prisoners of the
Lower Loop must pay to borrow.
Say's Fallacy. This equilibrium where savings equals investment and
prices adjust so that all markets clear, never happens under
usury. Usury prevents the mechanisms described by Say from
reaching the evenly rotating or equilibrium state. Just look
around you and you will see that Say's Law does not obtain under
a system of monopoly power in money and finance.
Say's Law roughly claims that due to market adjustment of prices
in all sectors, business receipts will equal business costs --
demand will call forth equal supply. The law is violated
however when the interest component of business costs do not
find their way back to domestic economy Business receipts. (See
the next diagram.)
Here is what is really happening:
And here is what we can make happen:
to Fix Everything by
the Little Mailman of Bayberry Lane
The things people make and the people who get to own them depends on where our tokens for spending come from, and on who gets to spend those tokens first , and on how much they have to pay back later for being allowed spend those new tokens today.
Mr. Owl said to
me the other day that there are so many people making different
kinds of things with so many different kinds of machines and so
many different kinds of things that go into the things we buy
that we have to have Buying Tokens to make it all work. The
buying tokens pay people for working. When people spend the
tokens they earn that gives messages to other people about what
things people will pay the most to own. In bigger words the
entrepreneur must have the market price signals to decide which
things to produce and how to make them so he can most profitably
satisfy the people spending the tokens they earn.
are not going the way they are supposed to go and the reason has
to do with a man who makes spending tokens out of thin air, as
if by magic, and what that man demands back from people later on
for letting them be the first spenders of the money he makes out
of thin air today.
Now we all can think when thinking is important and nothing is more important than everyone getting all the food and clothing and pretty houses and other nice things that they want to be happy and to help the people they love to be happy too.
What is going wrong today and what can fix it is easy to understand if you ask the right questions and then think about the answers to these questions. There are only three big questions that we need to answer before we can fix everything up the way it is supposed to be.
This is how Mr.
Owl explained it to me:
The three great
1. Who gets to do the "thin air" trick that originates purchasing power,.
2. Who receives the new "thin air" spending tokens to become "first spender."
3. What "kickback" must Mr. First Spender pay to Mr. Thin Air for conferring the privilege of spending first?
Glossery of Terms ( In case you need to look up a word as we go
sovereign power to originate spending tokens
Mr. Thin Air's own best reasons for favoring Mr. First
Spender with getting "thin air" exchange tokens for first
spending over someone else who lives in the village getting
payments over time to Mr. Thin Air for allowing someone to be
a first spender. This tribute to Mr. Thin Air is called usury
What are the
answers to these questions?
Let me tell
Mr. Thin Air,
for allowing people to first-spend thin-air tokens, exacts
tribute in return. Mr. Thin Air receives for conferring
immediate use of his thin-air spending tokens, tribute that must
be gathered by toil and sacrifice, tribute of purchasing power
equaling the full first-spend amount plus an extra amount, to
be paid over time plus a compounding of amount as an
extra-amount owed also requires a tribute payment, according to
the ways of compound interest.
An ancestor of
Mr. Thin Air got his special thin-air privileges from a King in
return for easing the Kings debts or for giving the King some
gold to buy weapons to win a war that Thin Air's ancestor
Since that time
the Thin Air tribe have gained control of the world, simply by
the power of introducing thin-air spending tokens and conferring
the power to be first spenders on condition of repayment in
toil-money plus usury.
Mr. Thin Air
has lots of reasons why he should hold on to his thin-air power
One reason he
gives is that he owns almost all the gold and keeps it in his
vaults and that the thin-air credit power just simply stems from
that Mr. Thin Air gives for monopolizing thin-air powers is that
governments cannot be trusted not to create too much thin-air
money. Mr. Thin is against others having his thin-air powers
because he fears too much money would be pulled out of thin air,
that there would would be too many token claims to slices of
the national economic pie which would mean that the slice each
single token buys would become thinner and thinner -- and that
would be bad because the agreed-upon tribute First pays each
month, would each passing month represent less and purchasing
power than Mr. Thin originally envisioned when the contract with
Mr. First was signed. Mr. Thin calls this reason, the
In addition to
being "anti-inflation," we should not, and for the same reason,
Mr. Thin Air is also a pro-deflationist -- although he
never mentions this or uses the fact as a reason for having him
retain his monopoly of thin-air and credit power.
Nevertheless his policy is that it is better for him to be very
stinting in the amount of first-spending of thin-air tokens he
allows since reducing the amount of thin-air tokens in the
hands of first spenders means there will be more economic pie
per token -- which means that his entire stock of tribute IOUs
that he hold will grow in value -- a much bigger gain from him
than he would have if he made a few more loans so purchasing
power in circulation would not deflate and his pile of IOU's
would not increase in value over time due to the deflation.
Mr Thin Air and
all of his ancestors through the centuries, like to convince
people that the thin-air power should be tied to gold reserves
because such an arrangement in always deflationary in the long
run. With thin-air power tied to the amount of gold in vaults
(as arbitrary an arrangement as any other charlatan money
scheme) there will never be deflation which to reduce the
purchasing power of the future loan payments he receives from
Mr. First Spender D.S.. However, as economies, being organic
things, usually grown if not mistreated too badly, Mr. Thin Air
can expect the benefit of continuous deflation as the amount of
economic pie will grow by a larger percent each year than the
percent gold miners will be able to increase the size of the
gold stock that backs thin-air money creation.
Of all things
in this universe Mr. Thin hates and fears the Social Credit idea
that American populists are just beginning to discover from the
writings men who went up against the Thin-Air Money Dynasty in
past ages of economic depression brought on by Mr. Thin Airs
credit, the government takes over the thin-air function and
provides first-spending power to each person of each household.
Since everybody gets the same social credit amount of thin-air
purchasing power each month and since all will be affected by
inflation or deflation in the same way and by the same amount --
and since no social credit is paid to the government --
remember, the people own the government and any funds it obtains
must come from the people in taxes that are set by the people's
credit, then, there is no tribute, no debt slavery. You don't
have to pay back the amount of first spending purchasing power
given or interest on that purchasing power or the amount
represented by the extra toil and sacrifice needed to earn
tokens more hard to come by because of Mr. Thin's deflationary
understand social credit. Now you can read the following
correspondence on the subject -- outlining real solution to the
economic crisis -- which chisis is a supremely naughty
escapade by Mr. Thin Air which I call "the Kleptastrophe" --
and, hopefully, you will see that there is another way that
really is clearly true and superior and worth the effort of
using it to skate past hell and reach the future we really
Note the Little Mailman of Bayberry Lane wants you to send this
letter from him far and wide, so that we can all come to
agreement that this is the best way of fixing the things that
are wrong today.
When the Debt Slavery system suddenly withholds usury credit,
crashing the domestic economy, people can rescue themselves from
the plunderers by chucking the Usury System and substituting
Social Credit. They will quickly become far better off and
secure in their future prosperity than they have ever been
before. We simply take back our own credit which the Rothschild
interests have been monopolizing everywhere for centuries.
Social Credit is better.
Which system would you rather have?
(The War-Debt-Usury System)
System #1: The international bankers have monopoly of credit. They keep the credit tight to maximize loan income and the value of their debt portfolios. Unfortunately keeping the money supply tight means that the corporations they invest their money in and buy stock in do not have customers. So, hiring Israeli intelligence they pay for a false-flag attack in New York sky skrapers so they can have a war and a great need for anti-terrorism measures which their defense corporations can cater profitably, solving the problem of insufficient purchasing power to buy their products. They also create weather disasters and other disasters with secret technologies -- because the emergency services business and the reconstruction businesses are also lucrative -- paid for by government which borrows the money from the bankers to pay the corporations. etc. Meanwhile the people not involved with war industry or the disaster business continue to lose jobs and houses and standard of living because of lack of purchasing power.
Principle of economic freedom: Without Social Credit there is none. You are just a debt slave living at the sufferance of the elite.
Here is a more formal exposition of the usury
problem and the social credit solution.
A friend wrote:
Handing out money to average people might work if it was just
done as stimulus in small to medium amounts, But too much for
too long would devalue the money and stop some people from
All it would require would be small and medium amounts of social credit dividend each month or quarter because those dollars would circulate many times in a year. That is, it would have velocity.
Remember the equation P x Q = M x V
Totals of all payment receipts showing Price @ Quantity in a
year (i.e. sum all all cash register receipts and other
receipts) EQUALS the amount dollars "M" that have been in
circulation (not being saved, i.e., unspent) at least once in
the time period TIMES the average number that each of those
dollars was spent to buy something from the production sector --
that number or rate is called Velocity (V). (Don't count
garage sales -- we are talking about new produced goods. ) In
other words Receipts (PxQ) equals Total Circulating Purchasing
Power which can by described symbolically this way:
P x Q = M x V which is an "identity", meaning that
it is always true. (Note the triple-bar equal sign -- which
means "always equal to" or "always true by definition")
Now we add an assumption to this identity -- the assumption that
velocity does not change -- then the equation, with V now a
constant, becomes the famous quantity theory of money.
Under the quantity theory of money -- if you add money -- that is, if you increase M, either more will be produced (a rise in Q) or prices will climb (an increase in P) or both. But also if you withdraw money (a removal of M from circulation) either P will go down or Q will go down. And of course if Quantity produced goes down wages, profits, will go down too even as failures to pay rent and debt will increase. That is the problem of deflation. That is the Quantity Theory of Money -- associated with the name of Irving Fisher.
But there is something else -- another fact that comes into
Remember that P x Q = M x V is always true (not
making any assumptions about velocity). Velocity may increase
-- if people were paid every week instead of every two weeks
that would increase velocity by some.
Of course if dollars are saved rather than spent -- that will decrease M -- unless the money is saved in a bank and not in someone's mattress. If the money is put in a local bank -- then the bank may lend the money to build a house or to build a factory -- in which case M would keep circulating (buying producer goods instead of household goods). But something else comes into play that is the root of our problems.
That something is usury.
P x Q = M x V is always true.
But let consider the nature of loans, money creation and
interest. In our system of fractional reserve banking -- if a
bank gets a deposit of a dollar from someone's mattress -- the
law lets them lend all of that except a fraction -- say 10 per
cent. And as soon as the loan is made of 90 percent of the
original deposit, say to a building contractor, the contractor
goes and spend it and the electrician will get it and deposit it
his bank. And the electricians bank will take that deposit of
90 cents and will be able to lend out 90 percent of that 90
cents, that is 81 percent of the original deposit, keeping 9
cents as reserve. And do forth. So in the end each of the new
dollars from the mattress will create more purchasing power
because of these additional loans -- each new loan smaller than
the one before it -- so that, in fact, if the reserve
requirement is 10 percent the total amount of money
created/circulated due to loan expansion will be ten times the
amount that was taken from the mattress in the first place.
But what happens when money is taken out of circulation and put
in a mattress --or taken out of the country. We have the same
"multiplier effect" in reverse -- contracting the money in
circulation by ten times what was taken out. Instead of loans
being made, loans will be called in, loans will be defaulted on,
new loans will not be issued to replace retiring loans -- there
will be a monetary contraction leading to less spending,
layoffs, firings, business failures, cuts in quality of
ingredients, reduction of services and frills etc. etc. etc.
(look around you to see what I am talking about).
Only now are we ready to understand the true effect of the claw
of interest slavery -- the true cost of usury.
While it is always true that P x Q = M x V it is also
always true under the usury system that regardless of velocity
-- M will always tend to diminish because purchasing power is
leaking -- gushing -- tsunamiing out of the system to the
financial sector in the form of interest payments. 40 percent
of each price you pay at the store or the car showroom is to
cover interest as a cost of production to the producer that he
passes on to the consumer. Even more of each dollar in taxes
goes to pay interest on the national debt -- much of that going
to the Fed which owns a lot of our debt and much of it going to
foreign creditors who own United States securities and our state
and local bonds etc. The Fed is like a mattress -- because it
is not putting that money back into domestic economy
circulation. The Fed (under figurehead Bernanke) is buying up
securities and paying for them with new bank deposits -- there
are no printing presses when the Fed creates money -- to the
big financiers and financial institutions that sell the
securites to the Fed -- these financiers getting the new money
are not using it to invest in US domestic production. Anything
but that. Instead they are, by policy, letting deflation take
its toll domestically, while they apply their money overseas.
They buy goods of China and allow us to buy them with consumer
loans -- (called second mortgages) -- but the drain -- the
reduction of M -- continues to take its toll.
The result is the destruction of the country and the
accumulation of all of our dollars in China -- so that when the
time comes --China will not have to conquer this country, they
will just move in and buy it up, and evict us to the slum
holding pens (New York, L.A., Philadelphia, Detroit, Kansas
City, etc.) where we, with poor food, viruses, low income, high
crime will simply die off.
The alternative of course is social credit. But I can't seem to
make anyone see that an alternative is necessary.
The libertarians and conservatives and the people educated by
high-school education disc jockey Glenn Beck and Freemason
Statanist conspirator Ron Paul and Celente and Alex Jones etc.
seem to believe that we need to let the collapse happen to clear
out the mal-investment (when in fact when you took out your home
loan you were a good credit risk because of the job you had and
the prospects we all thought you had -- before the Kleptastrophe
crime cut us low. But they talk about a collapse being the
necessary cure -- like the medieval doctors bleeding their
patients and killing them while claiming they were trying to
kill them. And then after the collapse and the Chinese and
Rothschild/Rockefeller/Goldman creditors own everything --
including still outstanding IOUs of yours that they hold --
they will switch to a gold system in which you must slave all
the harder to pay your debts in gold.
I hope I have persuaded you of the life and death
importance of this analysis and the cure.
I am not an original thinker -- but I do have the gift of
detecting falsehood, finding the problem in systems, evaluating
solutions that others have offered to see if they really address
the problem or not. I completed two years towards the doctorate
at Texas A & M -- completing the prelim exam in macro with the
highest score -- however I have forgotten almost everything I
learned back then -- 30 years ago -- and only give to myself
the distinguished title of "student of economics" -- a title I
ask you to share with my by your diligent study and mastery of
the material I have passed on to you here. I have sacrificed my
life to gain the knowledge I have -- and to reach you with it.
I beg you to take seriously the possibility that there is
something good in this for all of us.
The people who
made it to the top and have been rewarded with status and
exposure are generally people who compromised to get in the
I have I think looked long and hard at the problem we face and have come to the conclusion that all monetary reform -- including Social Credit and Treasury Money reform must fail unless it is accompanied by:
(1) total repudiation of all debt
contracts to organized crime now presiding over the
international financial system, and
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