To: SeekAndFind
Electronic funds are more easily stolen. Electronic funds are easily tracked and a state like New York can more easily tax them. Gold and silver were the means of currency for thousands of years. The world bankers could not manipulate them easily and invented “money” to make their larceny easier.
11 posted on
04/08/2014 6:57:58 AM PDT by
mountainlion
(Live well for those that did not make it back.)
To: mountainlion
Gold and silver were the means of currency for thousands of years. The world bankers could not manipulate them easily and invented money to make their larceny easier.
World bankers lent to kings for centuries; governments have been the puppets of world bankers for a very long time.
The bankers don't loan only their own money to their own "king". The "king's banker" merely is part of the syndicate of all such bankers that operate in all countries. When "his king" wants to borrow, the "king's banker" arranges the financing via the syndicate. Also, it's not only the banker's own money that is lent. The bankers offer investments to large financial entities, and the ability to participate in government debt offerings as an investment. This has the practical effect of aligning the investor's interests with the banker's interests, i.e., seeing the debt repaid through taxation of the people. Today's global financial elite entities can trace their roots directly back to the elite banking families of the "renaissance" period.
It's also important to note that the ability to coin money has always been arguably the primary focus of elite international banking. Also, frequently in history money coined from precious metals was made using cheaper alloys, thus diluting its value. This happened under the old Spanish Empire and caused much inflation/devaluation, and was documented by Juan de Mariana.
92 posted on
04/08/2014 8:38:38 AM PDT by
PieterCasparzen
(We have to fix things ourselves)
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