Life Guide Club

The present financial systems

1300 individual billionaires have hoarded 94% of the planet's resources. The other 7 billion people are fighting over 6% of Earth's wealth.
About 2 percent of people own over 95 percent of the world's total capital.
We should stop it to empower and enforce a financial dictatorship which works towards the systematic enslavement of the people!

The present interest money system: For the benefit of the super-rich only!
The money moves from the people to the rich until collapse by hyperinflation (ponzi scheme, snow ball system).
Included in the prices 30% to 40% is forwarded to the rich as interest payments.
A high income differential causing the working poor, missing infrastructure and no financial support cause extreme poverty.
It forces economic growth and profit at all costs - exploiding all natural resources, polluting and poisoning of the earth;
A dangerous world: people in extreme poverty need to be criminals to survive!
Already the ancient roman empire has been destroyed by their debt system.
In the middle ages 90% of the people had to contribute about 30% of their income/production to the 10% richest.
250 years ago this has been made automatic by the introduction of the banknote and the interest debt money system!
And this is still the system we have now!
The current financial and economic systems have beeen established by the wealthy, to only benefit the wealthy.
Which is why the rich stay rich, and the poor remain poor. It has never been in place to benefit the people.
The interest demand for economic growth, which consequently result in destroying our planet if we allow this system to remain in place.

Debt money system for the benefit of the rich
Let us assume that there is a wealth tax that has to be paid from those who have no assets, and given to those who possess wealth. This is the present money system!
The present money system, the interest debt money system, has been created by the rich for the benefit of the rich only.
They don't care about the people they just care how they can exploit us as much as possible!
The real situation is even worse: If money is just created as debt it has the effect of the monopoly game, at the end a small group owns everything!
But this money system is bad for all:
When do we understand that 8 out of 10 people in their lives are paying more and more interest (through consumption, paying taxes and own debt) than they are ever able to earn. One out of ten goes out of this game +/- zero and only one or one out of ten belongs to the interest winners.
Since we are trying to compensate for this error in the money system with economic growth (a mad track) we are now destroying our environment. This makes the interest-taker also a loser, because what are exorbitant interest rates when we destroy our planet, among other things as an interest-induced consequence.
But we do not need this interest money, it is just there so that third parties earn from our work without doing anything.

Interest money system explained
Debt money for interest:
Debt money is created whenever a debt is created by the banks, for the debt interest is charged.
For all money existing there is also that high amount in debt existing.
If all debt would be repaid no money would exist anymore.
But there is one problem: the interest!
The total debt repayment and interest payment demand is higher then all the money existing.
So to pay the interest payment demand further debt needs to be created.
The economy is forced to grow at all cost causing disastrous damage to environment and resources of the earth.
This economy growth cannot continue forever because the earth is limited.
How the money is issued:
The banks create money by credit and debit to bank accounts, the double-entry bookkeeping makes that possible.
The electronic money now is about 97% of all the money.
The remaining few percent are banknotes and coins issued by central banks considered as the real money.
Even central banks are mostly private for-profit companies.
A money issueing organization must not be a private for-profit company for the benefit of a few company owners!

Why is the interest money system so bad:
• all the prices include interest of about 30% to 40% of the price!
• the money moves from almost all to the rich until collapse.
• the debt is growing faster and faster.
• enormous power of the super-rich who finally own almost all the money and almost everything else.
• because of to much money existing the financial economy gets apart from the real economy (financial casino).
• the system forces economy growth with disastrous damage to environment and resources of the earth.
• the system has to collapse by hyperinflation, in the past this happened every 50 to 80 years, the lower the interest rates the longer it takes. No or negative interest can postpone the collapse but not prevent because the debt mountain continues to grow.

Growth of debt and the wealth at an exponential rate
This means the growth is at the beginning slow, getting faster and faster, and it is very fast at the proposed end.
The debt must grow exponentially (the effect of compound interest) and so is the wealth of the super-rich.
Because of the electronic money now the figures can be unimaginable large, first time in history!

The Joseph's cent:
If Joseph would have put 1 cent (0.01) to a savings account with an interest rate of 5% p.a. at the birth of Jesus:
At the year 2011 there would be the following amount on the account:
40,895,962,098,293,600,000,000,000,000,000,000,000,000
1 Billion invested at 5% p.a. is after:
15 years: doubled
23 years: tribled
48 years: 10 times
62 years: the yearly interests exceed the Billion
95 years: 100 times
142 years: 1000 times
176 years: all the gold on earth
425 years: 1 Billion times (1,000,000,000,000,000,000)

Governmental debt
Governments choose a very expensive method of deficit financing influenced by the bankers lobby to force governments into more and more debts: Public bonds and loans from private banks.
At this financing method governments even have to pay interest for nothing.
The problem: When the Government pays real interest (interest rate above the inflation rate) it accelerates the money move from almost all to the rich!
So a Government MUST NOT pay real interest!
At many Governments new debt is just needed because of interest payments, caused by the wrong way of public financing.
The government cannot repay its debt with tax income from the people: The money would be taken out of the economy what would lead to a decline of the economy. So mostly the hidden tax is used: Inflation!

Other debt
The money move to the beneficiaries of interest payments, the rich, is also caused by the four times as high debt of economy and households.
Also high rents caused by real estate bubbles drain out the people until nothing is left anymore (rent is also mainly a form of interest).

Do we really have to drive a 4 billion-year-old eco-system within a few decades into hell just to create economic growth, just needed for paying off debts?
For money that was generated by the banks out of nowhere?
Products that early break down, so that more growth can be created, more can be consumed and more debt can be created?

Conclusion
The interest debt-money system is an illegal ponzi scheme and snowball system (all the time further debt needs to be created that the system can continue) for the benefit of a few elite super-rich on the cost of all other people.
The interest debt-money system is the biggest fraud in history.

World Economic System of competing Nations

• The nations compete against each other on the world market.

Buyers on the world market want to buy the products cheapest.
The productions are moving to nations and places (sweat-shops) where the products can be produced cheapest.
To countries with lowest labor costs, with inhuman work (slavery) and living conditions, with lowest or no social security systems, with lowest or no environmental care.

To sell cheap the nation needs a low valued currency, but this means buy expensive:
The value of exports must be a lot higher then the value of imports to get an equal financial transfer balance.

And the worst: Poor nations are not able for environmental care, the present system is polluting and poisoning our earth!
The money has no value anymore at a polluted and poisoned earth, a possible paradise for all is lost forever!

Race to the bottom:
To remain competitive nations and companies have to push down the minimum wage again and again as much as possible.
This means for workers with debt to repay with lower income, that is deflation for workers.

The financial elite promotes a free trade and money transfer.
But a world economic system of competing Nations is not compatible with free trade and money transfer. Free trade favors those who most efficiently exploit human beings and nature.
It causes that nations with a negative transfer balance accumulate more and more debts until bankruptcy.
The now favoured nations will end up in mass unemployment and bankrupt governments - unemployed cannot pay tax for a social system!
The disadvantaged nations will be drained out until there will be nothing left.

The present economic system is exactly the opposite what all the people want!
It is just for the benefit of these few elite super-rich.

Capitalism

Capitalism is an economic system in which the majority of economic activity and working is aligned on profit.
It is not produced for human needs, but only for a solvent demand (a loaf of bread is not baked because there is hunger, but to sell it.).
Because in capitalism the means of production (such as factories, land, or the access to raw materials) are in private ownership a large part of the population may not decide what and how is produced.
Because these people usually have nothing further, they are forced to sell their labour power to live.
They depend completely on the salary - and as such on the labour market.
In capitalism all people are in competition to each other - for jobs, money, school grades etc.
Euphemistically this is called competition even though it involves no less than the own life.

Companies are in permanent and immediate competition.
For this reason they must generate more profit then the competitors to prevent to go broke.
If they do not the competitors can press them from the market soon with the additional profit.
Therefore there are - whenever possible - wages cut, breaks removed, people dismissed or production facilities are moved.
Also this does not stop at environmental destruction if it promises profits or stimulate the economy.
Because it is produced only for those who can afford things, moral appeals to the economy are for nothing (for example to offer medicines cheaper or free of charge to developing countries).
The competition would sweep every morally acting company from the square.
The laws of competition and the maximization of profit must be followed that the company does not go broke.

That is why the destruction of man and nature is not based on particularly inhumane decisions, but is based on the basic laws of capitalism.
This constant chase for profits develops huge, destructive forces and is subjecting the people to an elbow society where performance and consumption determine the every day life.
As a consequence, selfishness and social coldness often dominate our society.
People are only interesting as consumers and as "human capital", as stated cynically in the economy.

Monopolistic capitalism, financial capitalism

Gold standard
Under the gold standard, all banknotes and paper money could be exchanged for gold on demand.
In order to create an ever-growing amount of money and debt out of nothing, the limitation by gold had to be eliminated.
There are therefore no fixed limits on how much credit the banking system assigns.
With the abolition of the gold standard, financial capitalism is now also a monopolistic capitalism.

Monopolistic capitalism
When monopoly capitalism is omnipotent because it finances itself can manipulate the commodity price on its market and use its inflationary monopolistic profits to exert monetary influence, there are hardly any words to describe the power of financial capitalism.
Financial capitalism can not only finance itself simply by drawing money from nothing and giving it to others for interest.
Financial capitalism can not only manipulate commodity prices in a given market.
Real estate, food, energy, stocks, bonds, education ... all that has a price, is to be influenced by those manipulating the amount and the flow of money.
Financial capitalism not only benefits the impact of monopolistic gains but also enjoys the effects of having monopolized money creation.
In other words:
If a monopolist capitalist has brought together his first billion, then only because others have created this billion by credit in the banking system.
In a system that is 100% based on debt, the banking network has immeasurably great power.
It can now generate, destroy, and control as much money as is right.

Accordingly, a debt-based system ensures that Nations are always in the debt trap.
When a Nation and its citizens try to reduce their debts, they also reduce the money of their nation, resulting in an economic downturn.
If all debts were canceled, the money volume would shrink to nearly 0, which would lead to financial chaos.
This means that without a permission for alternative money that is not based on debt, a nation can not free itself from the debt trap.

With all these monetary instruments at its disposal, the financial network has steadily and systematically consolidated its power over world politics which affects the lives of billions.
Without being elected, its members are out of reach of the voters.
Without being held accountable, its members violate national and international laws with impunity.

If we intend to push them out of this position, obviously we can not stick to the rules of the system they created.
We must be prepared to think and act in an unauthorized way and this begins with the cap of the root of their power, with the money.
In short, they use our own purchasing power against us.
The money we invest in their institutions, the money whose confiscation we allow and the money we make available to the network - all these sources of income give them billions a year to use them at will.
As long as we do not discourage these financial inflows, we only waste our time.
Those who create and control the debt / lending money can manipulate the system and extract assets from all those who use their currency.
In the past more than 100 years, the network has worked very hard, to bring our money, the media, healthcare, production, education, energy, agriculture and the government under its monopoly.
We have to decentralize everything they have monopolized.
We have to build competing parallel systems that will ultimately make their present systems unimportant.