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January 6, 2018 | Everyone Must Payback a Loan/Credit…Except??? Let’s Understand!

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: http://kingdomecon.wordpress.com.

Recently, I used by credit card to purchase some items for my home. I spent around $3000. Where did I get the money? I had none at the time. What I did was use my credit card and a commercial bank provided me the $3000. Nearly everyone in the Western world and now most of the East and South can use credit to purchase goods and services. None of us need any money to initiate the purchase if we have a credit card.

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But the problem for everyone who uses credit/loans (including our governments) is that they must eventually pay this money back. The game of money is such that everyone is supposed to use credit/loans to purchase products and then pay back this credit over a time period. But are there exceptions to this rule/law? Who can act outside the laws and rules which society sets? Who can avoid the laws of money and not have to pay back this money? Who is the exception to all the rules and laws?

 

You guessed it. The exception to the rules above are our Central Banks who rule over all our money and credit. These institutions, who operate behind closed doors, are the EXCEPTION and this means they can act mischievously and criminally. These elites can manipulate, distort, inject, reject, and rig the entire financial marketplace with their policies. Are these elites who run these institutions ‘criminals’? Many serious thinkers would suggest that these elites ARE criminals and law–breakers. They are also unelected (by the public) and they operate behind closed doors (mostly secretly).

Let’s get some knowledge on what our Central Banks (these select elites) have done these past 10 years to RIG and DISTORT all our global markets. Take the time to listen to this video on this concept called QE. What is QE and how does it work in our marketplace? Where do the QE digits (called money) come from? Think on this for a few minutes as it is crucial to understanding why VALUES go UP and UP and why all our markets are corrupted and rigged. https://youtu.be/J9wRq6C2fgo

Recently, Japan and Europe have used trillions of money units to distort and rig their particular markets. England and America have also used their Central Banks to create trillions of money units to rig their markets. China has done similar to pump up and rig their markets. Check out this video for additional knowledge on these corrupt Central Banks who operate behind closed doors. Is this criminal behavior? I would suggest that it is! The culprits are law-breakers and criminals and they should be arrested and prosecuted. Listen to understand: https://youtu.be/4TihoBfdCe8.

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Markets are supposed to work on fairness and equality. But this is not the case today. Their is no fairness or impartiality in today’s markets. All this corruption has been caused by select (unelected) financial criminals. Any serious thinker on the nature of markets can discern that criminal behavior by our Central Bank policymakers can not create confidence, trust, and stability over the longer-term. All this behavior is immoral and without any basis in historical precedence IMO. The banks are essentially front running the markets to rig, distort, and manipulate asset values and trends. Listen to this video for further evidence: https://youtu.be/QGBrln9HP7c

Do your own thinking on all this but take the time to reflect on what has happened in just the past 10 years. Our Central Banks have bailed-out the cronies on Wall Street, in London, Tokyo, Beijing, Frankfurt, Basel, and a host of other venues where Central Banks operate (behind closed doors). The rich have benefited but the masses of regular people (called consumers) have not benefited. Are we a planet where laws should apply equally to everyone? If not, then are laws even relevant for a society? I suggest that everyone start thinking for themselves on all these issues. Enjoy! I am: https://kingdomecon.wordpress.com.

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January 6th, 2018

Posted In: Kingdom Economics

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