Capital Punishment

by Jeff Thomas

Any government that succeeds in controlling the monetary transactions of the individual can then control the individual.

“In the end, more than freedom, they wanted security. They wanted a comfortable life, and they lost it all—security, comfort, and freedom. When the Athenians finally wanted not to give to society but for society to give to them, when the freedom they wished foremost was freedom from responsibility, then Athens ceased to be free and was never free again.” — Edward Gibbon, English historian and member of Parliament, commenting on Ancient Athens in The History of the Decline and Fall of the Roman Empire, published in six volumes between 1776 and 1788.

“Those who trade liberty for security deserve neither and will lose both.” — John Adams

Libertarians (myself included) now grind their teeth on a daily basis, as they watch the parade of irresponsible economic measures concocted by First World political and banking leaders. Each measure seems more outrageous than the last, both in its inability to correct the situation and its outright thievery from the purse of the populace.

The EU recently announced that they will introduce a level of quantitative easing (QE) that promises to be the economic equivalent of an overdose to a heroin addict. In addition, the EU, the US, Canada, and other First World countries have created bail-in legislation that will allow their bankers to literally steal the funds of their depositors.

Further, political leaders on both sides of the Atlantic have announced that pensioners’ funds are “in danger,” and their solution is to make it mandatory for the funds to contain a percentage of investment in government bonds—an investment that promises to go off the proverbial cliff in the coming years.

So, what’s the plan? Are the leaders of the world’s most “advanced” nations planning collective economic and political suicide? Or are they simply so stupid/arrogant/out of touch with reality—pick your explanation—that they just don’t understand that economic collapse is now baked in the cake and it is now only a question of time?

Or do they have an alternate plan?

I must confess that I’m cynical enough to regard many of the leaders in question as being stupid, arrogant, and out of touch with reality. However, I do also believe that some of them are clever enough and devious enough to have a plan in place as to how they might continue to not only hold their power, but expand upon it. (That desire is, of course, a virtually universal truth, as regards world leaders—to always be planning greater power for themselves.)

The Yen, the Euro, and the US Dollar Will Collapse

At least three of the world’s five leading currencies will surely collapse, and very possibly, in the above order. History shows that, when a currency collapses, it’s always replaced immediately. Sometimes, the replacement is supplied by the government itself. Sometimes, the free market replaces the currency with whatever is the “next best thing.” In the last century, the US dollar has most often been the handiest next best thing, for countries from A to Z (Argentina to Zimbabwe).

But this time around, the US dollar will be one of the currencies that will be shown the door. What then?

Enter the Saviour Currency

I project that, when the dollar collapses, paper currency itself (not those who created it) will be blamed. Government leaders will wag their collective finger at those who have subverted the good that QE had been intended to do. Without putting too fine a point on it, the public will get the message that the only problem with QE was that the greedy One Percent sought to profit greatly from it, so the stimulus never sufficiently reached the man on the street.

But all will not be lost. Governments will vow to stand together to overcome the damage done by the powerful usurpers by creating a new form of currency that is fully controlled by the governments. The new form of currency will be electronic and will promise to end all monetary woes, as the governments will be able to track all monetary transactions of every kind. It may take the form of several new national currencies, but I believe it’s more likely that it’ll be a single IMF-centred currency that will be adopted by many countries.

Existing bank accounts would be converted to New Currency accounts and anyone who does not already have a bank account will be advised to create an account with a bank, as he will need it to perform transactions. All incoming funds (wages, sale of goods, etc.) will go directly into the account, and all outgoing funds (purchases, payments for services, etc.) will be directly debited from the account…

more…

http://wariscrime.com/new/capital-punishment/

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