[elirien]

Originally Posted by sprocket

The notion of a monetary system's ability to enslave a nation was well known even to Lincoln, who declined offered loans (and the exorbitant interest rates they would entail) from european banks to finance the war, instead opting to create a 'real' currency instead - the Greenback! This 'problem' was further acknowledged by the european banks themselves in corrospondence where they stated that the greenback could not be tolerated and allowed to stand, as they would have no control over it...

The point of this opener is to highlight that this corrupt monetary system is very much a global issue, and not just confined to the US - afterall, this was the system of 'choice' (at least for the Bankers!) in use in Europe, long before it 'spread' to the USA. Presently, practically every major monetary system is a Fiat currency based on fractional banking - and the 'Addendum' movie does a great job in showning what a farce this system is!

And when you realise that banks worldwide are right now in the process of being "baled-out" by taxpayers - in essence, getting Central banks to generate more worthless 'money' from nothing, while passing all liabilities to the taxpayers - and ultimately, what will have changed? Just more debt created! In Chess parlance, we are being set-up for a Check-Mate! Maddening...

O.k. but don't you think that the greenback is the resource based economy model? Can you see a difference?