What is Money? Who Controls Money?

What Is Cash? Who Controls It?

Gold is cash! Silver is cash! The whole lot else is credit score!

J. P. Morgan famously stated this in his testimony earlier than Congress in 1912: “Gold is cash. The whole lot else is credit score.”

J. P. Morgan was the founding father of JPMorgan Chase & Co., an American multinational monetary providers firm headquartered in New York Metropolis. It’s the largest financial institution in america and the world’s largest financial institution by market capitalization as of 2023.

In 1973, Henry Kissinger is presupposed to have stated (although it’s disputed): “Who controls the meals provide controls the folks; who controls the vitality can management entire continents; who controls the cash can management the world.”

Whether or not he stated it or not, it’s true. Nonetheless, he must have been speaking about credit score.

Since america closed the gold window in 1971, the greenback has had much less and fewer gold backing it because the US Federal Reserve banksters have created increasingly fiat foreign money.

In accordance with the US Treasury-Owned Gold dataset, as of November 30, 2023, 261,498,926.24 troy ounces of gold is held in bullion and cash at varied vaults together with Fort Knox, West Level, Denver, and the New York Fed.  The worth of gold was final formally set at $42.2222/troy oz. in 1973. It has not modified, not even by a small quantity. I calculated this quantity from the listed complete US greenback worth in all vaults divided by the overall listed weight. The outcome really has seven important figures of precision (i.e., $42.2222000/troy oz.).

Might this quantity be due to the occultic Kabbalah practices of the central banking cabal? Symbolically studying the gold value $42.2222 as 4 twos adopted by 4 extra twos, it turns into $2222.2222. The occult loves these repeating numbers, particularly components of 11. In fact, that is my hypothesis.

Anyway, from the revealed information, we are able to add up all of the holdings within the varied vaults to get the overall worth of US Treasury holdings as $11,041,059,957.90. That’s billions not trillions.

When was the final time the gold was audited? Who actually is aware of how a lot gold remains to be in Fort Knox and the opposite vaults? Primarily based on official figures, it quantities to little greater than 2 % of the quantity wanted to again the $20 trillion {dollars} within the present M2 cash provide on the present value of gold:

M2 is the U.S. Federal Reserve’s estimate of the overall cash provide together with the entire money folks have available plus the entire cash deposited in checking accounts, financial savings accounts, and different short-term saving automobiles equivalent to certificates of deposit (CDs). Retirement account balances and time deposits above $100,000 are omitted from M2.

See Determine 1 for the buildup of M2 cash provide in keeping with the US Fed’s personal information. I plotted this from FRED information. On November 1, 2023, the cash provide reached $20.767 trillion. Subsequently, should you revalue all of the US Treasury gold to this quantity, you’d get a gold value of $79,415.24/troy oz. That may be a issue of thirty-nine occasions the present value of $2,030/troy oz.

Determine 1: Plot of the M2 cash provide since 1959

Supply: Information from Board of Governors of the Federal Reserve System, “M2 (M2SL),” H.6 Cash Inventory Measures, FRED, Federal Reserve Financial institution of St. Louis, final up to date November 1, 2023. M2 was exponentially rising in keeping with curve (1) till the loopy credit score creation of the 2020 pandemic when about $3 trillion was pumped into the banks and handed out to many as free helicopter “cash.” Curve (2), a five-order polynomial, was used to mannequin the M2 cash provide between 2020 and 2024. Sepia-colored strips point out recessions.

Credit score unbacked by gold is apparent theft! There is no such thing as a different phrase for it. Flashing digital numbers in your pc display will not be cash. Paper (or plastic) financial institution notes will not be cash! Bitcoin is just not cash! These are all greenback derivatives. IOUs! They do have somewhat gold backing; in any other case, you may not purchase any gold or silver with them. Nonetheless, all greenback derivatives are fiat currencies, and they’re going to finally go to their intrinsic worth, which is zero. When that occurs, not if however when, they won’t purchase something. Since 1959, the US greenback has already misplaced 98 % of its worth.

It’s value noting that Henry Kissinger was a founding member of the Membership of Rome, which had as one in every of its targets to regulate the world inhabitants and its assets. He was additionally the man who received the Arab Emirates and Saudis to solely promote oil in US {dollars}; therefore, he oversaw the creation of the petrodollar. The latter has aided on this management.

It follows that, within the present world system, petroleum can be cash. Nonetheless, cracks are beginning to kind in that system because the BRICS nations (Brazil, Russia, India, China, South Africa, and now Saudi Arabia, amongst different international locations) have created another buying and selling bloc, and the Saudis are taking different currencies for his or her oil. Nonetheless, until the BRICS nations use actual cash—gold—to change items and providers of their commerce, they are going to simply be buying and selling one other fiat foreign money for the US greenback. All fiat currencies will go to zero finally as a result of they at all times have. Once they do, the theft is uncovered to all these holding the ineffective foreign money.

By that point although, the banksters have gotten what they needed. They’ve sucked the wealth (gold, oil, land, and different actual commodities) out of the nations utilizing their banking cartels and the navy of the US and different Western international locations.

According to Kissinger’s 1973 assertion, the identical banksters at the moment are coming to your meals provide and your vitality provide. Man-made international warming is getting used because the excuse to close down agriculture and so-called fossil-fuel electrical energy era, which is the spine of our fashionable industrial world. The megabillionaire company and financial institution homeowners already management a lot of those, however they need all of it. In consequence, “local weather change” is getting used now to take all the pieces else they haven’t taken although the debasement of the foreign money.

Take into consideration that! For six thousand years, gold and silver was cash! Since 1971, the globalist bankers have moved the inhabitants off trustworthy moneys onto fiat financial institution notes, then digital digits, and now they’re going “full monty” with central financial institution digital currencies backed by nothing of any substance.

There’s nothing new underneath the solar. All fiat currencies of no matter sort will collapse! The cycle of life tells us that the depraved can be destroyed finally because the edifice of their fiat cash system collapses and we’ve got a worldwide reset. It is likely to be their deliberate Nice Reset, however even that can solely be for a short while as a result of even central financial institution digital currencies are simply one other fiat foreign money.