The Central Banks are destroying the Middle Classon November 14, 2011 at 12:25
What very few people seem to understand is that central banks worldwide, especially in Europe and the United States, are doing their bit to systematically destroy the middle class. The majority of people fall hook, line and sinker for the blatant lies and propaganda spewed by the mainstream, showing an inability to get a grip on reality and to do what is absolutely essential to their survival, economically and otherwise.
Now for the purpose of this exercise, it is sufficient to know that the middle class is firstly, “…the broad group of people in contemporary society who fall socio-economically between the working class and upper class” (Wikipedia), and secondly, those who pay the most taxes collectively, those who carry society at large so to speak. Silver Bullion is of the strong believe that the central banks are destroying the middle class, because safeguarding the purchase value of the fiat currency (non-redeemable paper notes, electronic currency) in circulation, is simply not a priority for them. In fact, the central bankers are only interested in how they can enrich themselves and their buddies, politically and otherwise. They don’t care if they completely destroy the middle class in the process. In brutal honesty, firstly, the central bankers know that their fiat currency Ponzi scheme (the “paper gimmick”) cannot last forever, and secondly, they are hoping to enslave as many people as possible before, during and after it happens. This is why silver market manipulation is for one in the order of the day, because they are scared shirtless that the majority of people will realise the true value of silver for one. The moment the majority realizes that fiat money is not money in the true sense of the word, but part of a Ponzi scheme and nothing short of debt instruments, they will start to dump fiat currencies (USD, EUR, GBP, ZAR, AUD, et cetera) for precious metals such as gold and silver, which are real money. It is after all easier to control slaves; people who are dependent on you (or think they are dependent on you). Like all Ponzi schemes, those who get out of the fiat currency Ponzi scheme last, stand to lose the most, not only in terms of not having money of value to purchase goods and services when the global deb-based currency system collapses, but also in terms of having to sacrifice many if not all liberties when the time arrives. If you want to be last in line, we will be the last to stop you, but we feel it is important to place the truth on the table so that you can at least make an informed decision (or have no justification for saying that you didn’t know at the end of the day).
Given the above, you might ask, but how exactly are the central banks destroying the middle class? Well, we’ve already mentioned that the middle class collectively pays the bulk of taxes, taxes that carry the lower classes to a great extent, especially those who choose not to do a decent day’s work, but who choose to live on government handouts or grants instead. Needless to say, this places a heavy burden on the middle class…
Yes, the politicians are handing you hard-earned fiat currency to those who are according to the Bible not supposed to eat, but to make matters worse, the fiat currency that does end up in your pocket is losing purchase value at an alarming rate, as a direct result of the actions of central banks/central bankers.
The fall in the purchase value of fiat currency can be seen in the fact that food, fuel and other prices have increased substantially over the past year. One can see it as price increases, but it is rather a decrease in the purchase value of the fiat money in circulation. More fiat money is needed to buy the very same basket of products and services of a year ago. Why is that you might ask yourself, is money supposed to lose purchase value, especially at such an alarming rate? No, money is for one supposed to be a store of value, something that retains value. Real money, especially in the form of gold and silver coins, has lost none of its value (despite the fact that they want you to believe otherwise). However, fake or counterfeit money, especially in the form of non-redeemable paper notes, constantly loses value. The reason why it loses value, is because each year they have to create more and more debt in addition to the mountains of debt that were already created, because failure to create more debt, will lead to the almost immediate collapse of the underlying fiat currencies. The reason for this is because fiat currencies are unlike real money, debt instruments and can only have value in a debt-based currency system. The moment the debt gets paid off, the fiat currencies get destroyed.
In addition to the above, when nations/countries get into “debt traps” where it is impossible to pay the mountains of national debt back with existing government income (taxes, et cetera), they have the option to either default right away or to monetize the debt.
Their favourite option of both bankers and politicians are to monetize the debt, to create/print more fiat currency in order to meet debt obligations (at least temporarily), because they for one simply love to create the illusion in the public sphere that everything is under control, while still benefiting from the fiat currency Ponzi scheme (the “paper gimmick”).
Monetizing the debt is a way to keep the Ponzi scheme going for longer, but the more fiat money (non-redeemable paper notes, electronic money) they print/create, the greater the fall in the purchase value of the fiat money and the closer we get to a point where the underlying fiat currencies reach its intrinsic value of zero. History has proven this to be the case beyond a reasonable doubt. On the other hand, real or honest money, especially in the form of gold and silver coins, has intrinsic value. It has intrinsic value because it consists of precious metals such as gold and silver, which cannot be created out of the proverbial thin air. Unlike fiat money, it doesn’t have value because the majority of people believe it to be the case or because government says so. Real or honest money cannot be manipulated to the extent fiat money is manipulated.
Given the above, it is important to acquire precious metals such as gold and silver, especially in the form of gold and silver coins. If not, well, then one should be fully prepared to face the consequences of choosing to ignore the fact that the central banks are destroying the middle class.