Bank of England warn quantitative easing could lead to “unwarranted depreciation of sterling”

I did not appoint these fools. I did not sign-up for this. But it looks like I'll have to suffer the consequences of their actions.

When you have an unlimited and growing financial liability to which it can be demanded that you yield - with all the 'authority' of a government by way of its absolute powers of taxation and force - you are extremely exposed. Nobody in their right mind would accept such a liability willingly.

This so called 'quantitative easing' can only lead to “a depreciation of sterling”. That is obvious. The only reason depreciation would not be apparent is if every other currency is being produced at the same rate or there is seen to be an equivalent growth of value of the specific money producing nation's total economic resource.

The situation is clearly the former: depreciation is not so apparent, with sterling yet, because most other major currencies are being produced at a similar rate. But that does not mean the value of money is not falling, it just means the value of these currencies are all falling simultaneously (like an ill equipped international school of bungee-jumping).

 

And still inflation is not yet so intensely evident. Why? Because of deflation in so many market sectors due simply to the generally failing economy. There is no scope to increase prices of any kind of goods and services which folk feel they can, if need be, do without (because the market is so soft, disposable income so thin, without they will do).

 I did not sign-off for this maybe but categorically my kids did not in any way and so if you are born into debt that is indentured servitude or, put it another-way, slavery; TAX SLAVERY! And so it is. We are the HUMAN-TAX-HERD and this place we foolishly thought of as being 'our country' is nothing of the sort. It is a giant TAX-FARM. 

Who the beneficial owners are is not so clear - I say "follow the money". But our 'democratically elected' squad of muppits are just a foil of fake accountability and their boundless army of public sector money eaters just give them a virtually guaranteed mandate. Belief in the necessity of 'The State' (of any kind or form) is the most persistent and dangerous superstitious illusion of which I am now thankfully utterly free.

The paradigm of the necessity of the state is false.

It would be nice to believe that our conundrums are simply the result of ineffectiveness, inefficiency and incompetence alongside of greedy capitalists taking advantage where they can.  I do not think so.

I think, opposite to the apparent shambles being the result of poor planning and management, the slow death of the global economy results from a long-term global manipulation of central banks and the currencies they issue. 

The so called 'political leaders' are bit-part patsies who are selected to go along or be destroyed.  Democracy is a hollow sham devised to give the impression these people represent the interests of the plebiscite.

The desired outcome is to drive the current human-tax-slave tax-farms known as 'nations' into every deeper integration within a series of pan-continental unions and in turn drive those unions towards a single union of global governance; an ambition referred to, by our political masters, as the 'New World Order'.

Alongside of this is the necessity to draw the variety of currencies issued by this plethora of 'nation-state' tax-farms into similar pan-continental union currencies (the EURO the AMERO the AFRO etc), then represent their international transaction with a SDR based currency and eventually supplant all with a single global unified currency.

Conspiracy or Cock-up?

If everything that goes awry at the hands of government are just more and more cock-ups, please when do we declare the whole concept of the state a busted-flush - that it is a belief as muddled, deep-rooted but as wrong as that of religion (sorry bible bashers).

Or do we accept that the degeneration of so much, when so many great minds ponder endlessly upon all, is not all accidental but deliberate and failure is core to the perpetuation of the state; at which point we should too declare it to be a busted-flush.

The paradigm of the necessity of the state is false.

Money - a mechanism of diminishing returns

If one looks at the value of the UKP, USD, EUR AUD & JPY over the last ten years against GOLD the trends are evident.

You can right click and select 'open link in new tab' to see a large version of these charts

Not only have they fallen 80% in value over that period but they have, within a ferret's whisker, all faired much the same.  The UKP and the USD have been tracking each-other since 2009 previously the UKP was tracking the EUR.

Since 2010 the JPY broke through the value of the EUR to be running closest to GOLD but still the whole basket is massively floundering against this measure.

Regardless of the notion that GOLD is the true fixed measure of value (and all currencies have been enormously depreciated against this base-line measure) the trend between the currencies shows there is little real variation (and they are all heading to hell).

The AUD has broken out a little retaining a stronger position in comparison over the last decade (decayed) but viewed over the last two decades this can be viewed as less pronounced too - just matching the JPY.

The JPY has recently been artificially weakened but this can be seen as a correction of the effect resulting from the Tsunami which appeared to cause the currency to strengthen as a result perhaps of converting overseas investments to fund reconstruction work.

I don't specifically recommend GOLD as being guaranteed to produce, over the next couple of decades, or continuance of this level of apparent growth or resistance to depreciation (though I would not mind gambling that it will).  GOLD is as vulnerable to market manipulation as the currencies undoubtedly are.  I just wish I had put my eggs into a precious basket!

I am (clearly?) illustrating that all currencies have depreciated at consistent levels with each-other and demonstrate that adjustments in this parity are, on reflection, small.

I do not agree that governments want inflation to 'stop people hoarding cash and stopping the economy'.  A public that build-up reserves of cash under their beds is improbable if the banking system pays a viable rate of interest to stimulate investment with their deposit accounts. 

I conject that inflation is driven by central banks, not directly by governments, and that it suits the producers of money that the money they produce falls in value - that is their profit.  Inflation is a form of invisible taxation.

Money is a representation of value and so cannot be measured by itself only.

If balloons all leak air over time you cannot say my red balloon is unchanged just because your blue balloon has remained the same size as mine over the same period.  Or is that all balloony!

Why the EU despises the UK's economy

The idea the city would flounder outside of the EU is the inverse of the truth.

The UK is a tax haven albeit one for the very rich and multinational companies.   For the wealthiest 1% tax rates in the UK over recent decades have fallen. The highest rate of income tax in the UK was 60% in 1980 and soon it will be 45%. Corporation tax rates were more than 50% in 1980 and soon they will be 22%. National Insurance rates have gone up. The base on which income taxes are charged for those on lower earnings has been expanded, considerably. VAT was 12 1/2% in 1980 and now it is 20%.

That means the poorest have been paying more and more tax (and I want to see an end to that, the least able are paying for this haven).  Conversely Non Domiciled Individuals can live the high-life in the UK drawing from their off-shore stash for a one-off annual fee to HMRC of £50,000 that allows these UK non-domiciled individuals to keep unlimited sums of money offshore and tax free or make tax-free remittances (including making tax-free investments into UK based companies).

Combined with other UK tax loopholes, non-doms and their families can hold large overseas bank deposits, share and property portfolios including holiday homes and pay very little or no UK tax.
This is the target at which the EU is aimed and this is the meat on which the City of London thrives.  There is NO FUTURE for the City of London without this favourable tax environment, for the worlds wealthy, remaining open for business.

The EU will chip away at the tax-haven that is the UK - along with the efficient network of trustworthy tax-havens that operate in tandem with and under the UK's auspices (Channel Isles, Isle of Mann, Cayman Isles, Barbados, etc).

Remaining in the soviet that is the EU the City of London will, sooner than later, be left dead. The European nations want to hammer a wooden stake into the heart of this remaining and vital vestige of the Great Britain that once ruled a global empire.

And the reason why this one element of empire remains is because it is the complete and utter core mechanism that funded and profited from that empire. The mechanism however can still strive to profit without directly controlling an empire but it needs the right 'culture' on which to grow.

The sham of democracy

Att:  Rt Hon Peter Bone MP


Dear Mr Bone

In Prime Minister's Question Time yesterday, sat next to you, the Prime Minister said "I do not think it would be right for Britain to have an in/out referendum today, because we would be giving the British people a false choice."

I do not understand what he means by 'a false choice'.  The choice for ' in or out ' is genuine enough for me.

I have lost all faith in the process of 'government'.  I consider it to be a sham supported only by false logic, weak rhetoric and an utterly pliant media.

I do not believe the true interests of the people living on these islands are represented by this or any other government likely to emerge.  I believe the mantra to dissolve nation states into a soviet of pan-continental unions and onward towards an eventual global 'governance' union is the only one allowed any traction and that movement in that direction is inextricable - imposable to resist.

Yours truly


ЕС промывание мозгов

EU Brainwashing; Explained.

The fact is that everybody has been conditioned since the dawn of interaction with other members of the species - including within prehistoric family groups; the dominant wolf in the pack subjugates the others primarily by physiological means and so it is with man.

From simple human tribal leadership, religious indoctrination, the mythology of monarchy to our modern consumer and state lead society; the techniques of indoctrination are now not only all consuming but understood, completely and absolutely deliberate in almost every avenue of life. Even the Greeks wrote of this.

The techniques of brainwashing were understood well by William Sargent who published 'Battle for the Mind' before being hushed-up. His papers are still sealed under wraps at the Welcome Foundation. He contributed to the CIA programs and the Tavistock Institute in the UK. (I recommend the book as vital to understanding this aspect of the human condition). 

Individually our minds can be utterly broken and reprogrammed - brainwashed in the clearest sense - to believe and act in any way required. The strongest minds are actually the most vulnerable as when they break, which all eventually will do so, they are utterly and entirely shattered - destroyed. Less resistant folk are easier to break but the resulting indoctrination is then weaker.

The 'Brainwashing' I allude to in EUbrainwashing is the subliminal one formed from a lifetime of exposure to every-day indoctrination and propaganda. From each-other, from school, from all media and so on. Less dramatic and violent but powerful and all encompassing nonetheless. It is also the one contributed to through mass shocks in the form of outrages such as the 'Dunblane massacre', 7/7, 911, war and the like. Human life is devalued with abortion policy, state advocacy of voluntary euthanasia, avocation for state imposed death sentencing, illicit acts of war remain unchallenged (such as Blair/Iraq) and on and on. All this teaches us lessons - forming how to think. 

The core outcome of this programming of mass indoctrination (brainwashing) is the broad acceptance of such aspects of 'normal' life as: the necessity for a government/state, state controlled schooling, state controlled health services, monarchy, democratic elections, payment of tax, religion, nationalism, war, state authorised use of violent force and so on. Acceptance of the paradigm that we need the state and that human society could not usefully function without it is endemic.

The endless absorption of our independence into EU-mire underlines the feeling of hopelessness and detachment; so that despite all opposition the march, nightmare like, only continues disregarding everything. We must learn from this, subconsciously, we are in truth a powerless herd of human tax slaves and the state a tax farm to which we belong will do with us precisely as it wishes - just with toys, flat-screens and MP3s, to make us feel rewarded. 

The power that was incarnate in the English aristocracy, the East India company, the British Empire and latterly manifests, now more clearly, as a global corporate/banking elite/complex is not dependent on being British any more. And it wants to snuff-out the old authority that was built-up and incumbent within these shores - the power is now a global force and the authority that was a part of that has moved with the money. But the British people remain a threat of being a respected measured properly righteous authority - that is being undone.

That power is in considerable control of the means to steer our society, via all almost all forms of mainstream media, all corporate and all political life along with the means to steer a great deal of global politics, society and economy too.

The EU issue is only but one manifestation of the predicament.

The allure of being a citizen of the world - when you are twelve

I agree that 'nations' are no more than the old paradigm that the population was cajoled into supporting before - rally behind the flag bla bla bla.  And people, when getting all nationalistic, are doing nothing but continuing to feed from that trough of swill because the message was so enduring and in tune with the basic human instinct for family, tribe and race.

So what would you have it replaced by?  Unions of old nations working together in pan-continental cooperatives, the common causes shared, war at an end, the strong and the weak hand in hand, all skipping into the sunset perhaps?

And each continental union a part of a greater wholeness, a global union of unions.  A scientifically measured central planning governance, economy and ecology developed sustainably.  I get it.  I came to the same conclusion when I was about twelve years old.

I came to the same conclusion and remained there enduringly before eventually I broke free from the core illusion, the most dangerous and muddled concept burdening humanity, that the 'state' is utterly essential for the continuation and betterment of humanity.

I now know it is not. It has taken me years to come to that understating, it was a slow realisation, and years more to realise the truth of the conclusion - to overcome my multi-layered learnt denial.  I can see clearly now: the state is only to enslave humanity and nations are nothing more than giant tax-farms where the livestock is the human tax-slave herd.

Unions of old nations will be just bigger tax-farms and a global union will be just one big farm.

So who are the farmers.  Work it out for yourself because that I cannot explain.  The didactic route is the only path to enduring clarity I know of.  When I tell people they get it and then they forget it; in one ear and out' the other.  Fascinating to behold.

And if you think a one world union will be the end of war you are no brighter than I was - at the age of twelve.  Because, this I will explain, the war will be the state against all humanity.  And that war has been under-way for a long time already.  Dummy.

I would replace the state with nothing but the right to property and your only property is your life and that which you work upon.