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June 24, 2017 | The Fed’s Balance Sheet Lives in Cyberspace! The Meaning!

Donald B. Swenson: Born January 24, 1943, Roseau, Minnesota. Graduated H.S. 1961, Moorhead High, Minnesota. Graduated College 1968, Moorhead State University, Minnesota. Designated member of Appraisal Institute (MAI), 1974. Employed with Western Life Insurance Company, 1968 – 71; Iowa Securities Company, 1971 – 73; American Appraisal Company, 1974 – 81. Part-time teacher/valuation consultant/bartender, 1979 – 2008 (taught workshops at Waukesha County Technical Institute, Wi. and Madison Area Technical College, Wi.). Retired 2008 (part time teacher/blogger), AZ. Self educated economist/philosopher/theologian:

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The name of our Central Bank is the Federal Reserve. This private corporation (operationally) has a current balance sheet which totals some $4.5 trillion. Most of this quantity has arisen since 2008. Some $3.7 trillion of new $$$ were created from the consciousness of our Fed policymakers. These $$$ (virtual/digital units) were then spent to acquire specific assets for the SOMA account (the Fed’s cyber account). All these $$$ are called cyber units, digital units, or virtual units as they reside (and are stored in cyberspace). Think on this word ‘cyberspace’ for purposes of this missive. Let’s also list some other Central Banks which store their money units within this space called ‘cyberspace’!

  1. The Bank of England stores their balance sheet digits in cyberspace.
  2. The Bank of Japan stores their balance sheet digits in cyberspace.
  3. The Bank of Sweden (Riksbank) has their balance sheet in cyberspace.
  4. The European Central Bank in Frankfurt stores their balance sheet in cyberspace.
  5. The Bank of China stores their balance sheet in cyberspace.
  6. The Bank for International Settlements (the central bank for central banks) stores their balance sheet in cyberspace.
  7. Today almost every Central Bank stores their balance sheet in cyberspace.

Trillions of currency units are now stored in cyberspace. We might estimate that some 107.5 trillion ($) equivalent are now stored in cyberspace at this very moment. Where is this space called cyberspace? Can anyone identify the location of cyberspace? Does this location exist within our space/time universe? If not, where might we think that this space lives (or is located)? Let’s think on this issue for this missive. What is cyberspace and where is it located?

Definitions of cyberspace: the Internet together with connected computers, etc., thought of as being a boundless environment providing access to information, interactive communication, and, in science fiction, a form of virtual reality. Virtual means the space has no existence but appears as a real or simulated space. We might call this space make-believe space.

Cyberspace is a global and dynamic domain (subject to constant change) characterized by the combined use of electrons and electromagnetic spectrum, whose purpose is to create, store, modify, exchange, share and extract, use, eliminate information and disrupt physical resources.

Firstly, cyberspace describes the flow of digital data through the network of interconnected computers: it is at once not “real”, since one could not spatially locate it as a tangible object, but clearly “real” in its effects.

Cyberspace is the “place” where a telephone conversation appears to occur. Not inside your actual phone, the plastic device on your desk. Not inside the other person’s phone, in some other city. The world of the telephone has cross-bred itself with computers and television, and though there is still no substance to cyberspace, nothing you can handle, it has a strange appearance which many view as a physical space.

The “space” in cyberspace has more in common with the abstract, mathematical meanings of the term (see space) than physical space. It does not have the duality of positive and negative volume. Internet users cannot enter the screen and explore the unknown part of the Internet as an extension of the space they are in.

A forerunner of the modern ideas of cyberspace is the Cartesian notion that people might be deceived by an evil demon that feeds them a false reality. This argument is the direct predecessor of modern ideas of a brain in a vat and many popular conceptions of cyberspace take Descartes’s ideas as their starting point. Dualism was the view of Descartes and also Socrates and Plato. This view of reality assumes that the human mind (consciousness) is the source of ideas, forms, images, abstractions.

In a virtual world the user accesses a computer-simulated world which presents perceptual stimuli to the user, who in turn can manipulate elements of the modeled world and thus experience a degree of presence. The experience of cyberspace occurs within one’s inner consciousness (spirit) and is, therefore, non-spacial and non-existent for historical science (Western science mostly) to process objectively. The space does not exist within our scientific observable world of matter/energy.

So what does it mean for our Fed’s balance sheet to live or reside in cyberspace? To me, this means that the virtual $$$ are units which have no ‘thingness’ to the units and should be viewed as ‘imaginary’. The units get created from the MIND of bankers (policymakers) who merely ‘type’ or ‘key’ numbers into their computer accounts. This creates a subjective currency unit and a subjective overall monetary system (now global in scope). The entire edifice is ‘imaginary’ at the core and can be eliminated with the click of a computer mouse. Just hit the ‘delete’ key.

All global $$$ and all global currency units (pounds, yen, euros, krone, pesos, reals, rubles, etc.) are now units of our ‘extended’ consciousness and have zero mass and matter. The units are nothing and can be deleted with the punch of a computer key. The units are temporarily stored in this netherworld of cyberspace which is make-believe and which has no location that one can discover. Look into my inner spirit and I might discover the images of these currency units. The world of Plato’s forms are now a reality for our monetary system.

Shadows of reality appear as we turn-on our computer screens yet most witness these shadows as durable and real $$$. We are living a great illusion and our central banks now recognize this reality with their daily trading activities and continual manipulations. Central Banks must continue to trade and pump-up our electronic markets or the entire edifice will vanish and disappear back into our individual consciousness/spirit. Where is this leading going forward? This is leading to a huge collapse when enough people become AWARE of the illusion. As of today, our Central Bankers are continuing to deceive and laugh all the way to their bank index charts. This will likely continue as the alternative is mass confusion, flash crashes, speed of light short selling, and a run to gold and silver.

That which does not exist must eventually vanish and disappear as an illusion of the mind. But who understands the human mind? Few to none. The mind/body problem has been with us since the days of Plato (375 B.C.). This problem will continue until enough people catch on to the GREAT DECEPTION! Watch as our Central Banks continue the deception for as long as possible. Who desires to be responsible for a GREAT crash and collapse? Who wants the public to wake-up from their intoxication and zombiness? Read the above definitions over many times. Cyberspace needs to be understood! Enjoy! I am:

Some additional images to consider as you think on this word called ‘cyberspace’:

Image result for bank of england's balance sheet

Image result for bank of japan's balance sheet

Image result for bank of sweden's balance sheet (the Riksbank)

Image result for bank of china's balance sheet

Image result for european central bank balance sheet

Image result for venezuela central bank balance sheet

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Who are these virtual titans who increase their balance sheet by the trillions and store there virtual money units in cyberspace! Have they created a better world for the people?

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Who was the first Central Banker to create QE for the markets? Was this a wise policy?

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A host of Central Bankers who use group-think to create our bubble markets! Do they understand virtual reality?

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Is the day of reckoning approaching for our Central Planners and their ‘imaginary’ money casino?

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Enslavement of mankind seems to be the mantra of those who desire power via money! We now must also live with Agenda 2030 and its mandates!

P.S. A thought experiment: is the entire financial system now living within MY consciousness? If cyberspace is defined as MY extended consciousness, then wouldn’t the entire global financial system (now virtual) be living within MY inner self? Wow!

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June 24th, 2017

Posted In: Kingdom Economics

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