Crime Against Humanity: the Ambiguous Money Cycle – Gold Standard Cycle, 16
The previous two cases are not only meaningful in themselves; they’re also meaningful as preparatory steps to raise one’s ability to confront to the level required, because if it takes some courage to confront their social impact, to confront an even bigger social impact it takes even more courage. Furthermore, the previous two cases are available as history, if a bit subject to concealing and red herring, while the final case is rather unprecedented, in addition to be subject to the same concealing and red herring, hence what I’m asking you to confront now is not that trivial.
When a cataclysm hits, people flee; indeed chances of escape depend upon mobility, but even before that they depend upon a first requisite: somewhere to escape to. Is there anything worse than a flood? I’m afraid yes: a Great Flood.
The foundations of the Great Flood in the offing were laid in another crime against humanity we’ve seen before: a major – if not the main – case of international seigniorage in modern times: the United States from the world wars on. In covering the case in terms of international seigniorage above, once the flow of dollars out of nothing in exchange for real products was running at full capacity, we stopped at the edge of its inflationary effects, and from there we now resume. Not before I’ve pointed out that if it wasn’t the United States it would have been another country, and for the real puppeteers that would merely represent a horse change.
I said that the country exercising international seigniorage has to reinvest some of the loot in possibly unspeakable ways to keep want for its money up and demands for its redemption down abroad. But despite those additional crimes, hardly the scam can last forever.
While it lasts, though, in addition to all the adverse effects for the world previously discussed, there are those of a more inflationary nature: the world has agreed to use the money of the nation exercising international seigniorage, and thus myriads of peoples having something to put aside have stored their savings in that money, while further myriads of peoples having just nothing to put aside struggle to scrape together some of that money to merely survive.
