Crime Against Humanity: the Ripple Effect of Inflation
We said that inflation is hidden confiscation. Now that it isn’t that hidden anymore, let’s look more closely into it, paying particular attention this time to a specific facet and to the further consequences it brings about on a vast scale.
In the description of the sixth stage of the ambiguous money cycle above I mentioned the “fraudological” delay between the creation of a new unit of money out of nothing and the people perceiving its putting into circulation and diluting as a result their consideration of the value of each unit. That’s about all, apparently: the fraudulent wealth transfer has taken place, and some of the purchasing power of people has been robbed by moneypulators. Well, now let’s look more closely into that “fraudological” delay.
Once the moneypulators have created money out of nothing, then they decide what to do with it, and their decisions influence the market, that is, the society through its economy. A meaningful facet of the creation of non−existent money out of nothing is, in fact: what can moneypulators do with it, and how? As to what, the answer is: they can have anything someone will accept that counterfeit money in exchange for – and this among other things is a chief reason why their troops are permanently mobilised for the war against cash: the more the scope expands where counterfeit money is accepted, the more they can seize. As to how, the answer is: they can loan it, buy with it, or use it in whatever way that can be contrived and accepted, no matter how difficult to understand – and there you have further forms of seigniorage in the offing, crossing over from secondary to tertiary, the more difficult to understand and detect the better.
So they decide what to do with it by choosing and supporting with that money certain competitors, products, sectors, areas, trends in the market. In doing so, again as I mentioned in the words of Thomas Jefferson, they transfer to those “chosen ones” some of their unbridgeable competitive advantage. They make such choices out of many reasons, ranging from the strategic to the whimsical: The basic strategic reason is the aim of seizing everything and everyone, hence on this basis they choose to control those economic entities, and those activities, they deem most appropriate as their tools to build their oligo−monopolies. At the other extreme, the whimsical reasons are as many and as arbitrary as one can afford, and purchasing power out of nothing is quite a source for that. Somewhere in between another reason is the “short−sighted” dishonesty of some individuals or cliques that just want to line their pockets and to hell with anything else.