Anna von Reitz
Okay, I am going to give you all a trillion dollars worth of credit and a trillion dollars worth of gold….. each and every one of you.
What is your reaction?
Horror, is the correct answer.
Now, bear in mind, that I am a Great-Granny who does not believe in money. To me, it is a phony construct and form of idolatry and it shouldn’t exist.
However, at least for now, it does exist and people have gotten in the habit of using both credit and money as a means to “symbolize value” and conduct trade—so what happens when there is a big glut of gold or credit, either one?
Devaluation and hyper-inflation.
What the bankers on both sides are really doing when they promise to release all these “Prosperity Funds” in big dumps to private accounts is the economic equivalent of Mutually Assured Destruction, a sort of monetary nuclear war.
Very, very rapidly, a cup of coffee costs a million “dollars” and a hoodie costs ten ounces of gold.
Now, I know there are a lot of innocent people out there thinking that at last they are going to get their bite of the apple and be able to sail around the world in their twenty million dollar yacht, but what happens in real life is that the money is rendered useless— just like a broken tool.
And it loses its value accordingly. How much will you give me for a busted post-hole digger?
Another way to look at this is in terms of fertilizer. Every good farmer knows that if you put the right amount and kind of fertilizer on a field, everything flourishes —- but if you put too much fertilizer on a field, you kill it— and it can take a long time and a lot of effort to restore it.
It’s the same way with money. Too little, and the economy is unhealthy. Too much, and you kill the economy altogether.
So what happens when a symbol of value loses its value and nobody has a means of exchange?
Oil pumps stop pumping. Fields full of strawberries rot because there is nobody to pick them all, no way to transport them, and no viable market when they get there. Food disappears off the grocery store shelves, and what is left costs so much that it is insane. Farm animals disappear because people are starving. Fields lie fallow for all the reasons stated above. Widespread starvation, disease, and crime erupt.
All this and more actually happened in the Weimar Republic a hundred years ago.
The cynical bankers know this, so when they talk about releasing “Prosperity Funds” they are in fact threatening you with death and chaos, not a well-earned vacation and Pina Coladas.