Much rightful criticism is leveled at the private banking cartel that styles itself the “Fed” – the latter term being an attempt to conflate the private banking cartel that loans money conjured out of thin air at interest to the government, with the government.
It is a loathsome, dishonest thing – and not just etymologically. For it is loathsome to suck the value out of people’s money by manufacturing more of it (and so devaluing the “notes” already in circulation, whether physical or digital) and even more so to cheat and defraud a nation by charging its people interest on money that was created out of nothing but which the people are forced-by-fiat to use as “money,” by the government – which is owned by the “Fed.”
And then charged interest on the “loan” they never took out.
That topic is thoroughly covered – both the details and the history – in G. Edward Griffin’s The Creature from Jekyll Island, which if every American read would result in heads on pikes at the “Fed.”
But we are not as helpless before the depredations of the “Fed” as many have been gulled into believing we are. If we avoid the thing that drives the “Fed” – which is debt and the endlessly accruing interest that goes along with it.
It is rarely necessary to go into debt. One isn’t forced (yet) to buy a new car, for instance. Or a used car that cannot be bought without going into debt. No on has to buy a $300,000 house. There are $150,000 houses available. They may be not as big – or as “nice” – but not being chained to debt is nicer. It is also easier to pay off a $150,000 house if you haven’t got a car payment.
Most payments are still optional – as in, people are free to choose to saddle themselves with them. Those who choose not to are in a much freer, if less superficially affluent, position than those who choose to be saddled. The latter may be driving a new car with heated leather seats and an LCD touchscreen with all the latest “apps” – but they are often driving it to a job they can’t stand, in order to be able to make the monthly payment. They sit in traffic for hours, because they need that Big City job to pay the mortgage on the 3,400 square foot home they bought instead of the 1,500 square foot house out in the country they could have afforded on half the salary.
They have trouble saving because they are always spending. For many, it has also meant Diapering – and needling – as they had to submit to both in order to keep the jobs they had to have in order to keep on paying the monthly payments on all the things they wanted but probably didn’t really need.
Like that $50,000 new car when a paid-for $5,000 used car could have gotten them where they needed to go just as effectively – if not as flashily. Or that $300,000 house that has empty rooms no one uses that must also be heated and cooled as well as paid for every month – rather than the $150,000 house with rooms enough that costs half as much each month.
Credit – which is a functional synonym for debt – has made it easier to spend when saving would be better. Just swipe that card. You do not see what it just cost you, as you would if you used cash to pay for what you just bought. There is also a limit to how much you can buy when you pay using cash. Because you only have whatever you have with you.
No doubt, this is one of the reasons why the same people who imposed the “Fed” on us are working to impose a cash-less system on us. It is not solely to monitor us, though that is an important part of it. They also want to habituate the populace to living beyond its means, as all-too-many already do. The reason for that ought to be obvious, too.
People who do not own are owned.
The more beholden you are to a bank or finance company, the more beholden you are to whatever job you have and that makes you more beholden to corporations and these now effectively control the government and use it to control everything within their grasp.
People ask: What is to be done? By which they mean, what is to be done about this cancerous system we’re living in. Well, the answer is right there in front of us, if we’re willing to see it. If we’re willing to act on it.
Disconnect from the system. Stop buying into the system – especially when you cannot afford to. How to know when you can’t afford to?
That would be whenever you cannot afford to pay for it – by paying for it with cash.
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