Crime Against Humanity: the War on Cash, 3

The only limit to what those who conquered both the monopoly of its flows and the monopoly of the certification of its property can do with your money is criminal imagination. It begins with extortion, continues with interference, and ends up with confiscation.

Institutions such as judicial systems should defend us against this risk, and here one understands why monopoly is one of the main enemies of Man: even now we have an idea of the power of the private banking cartel; as their monopoly strengthens, it will swallow up such “Institutions”, and soon there will be nothing and nobody to defends us.

·        Expanding to the infinite their monopoly.

But the reason behind all this is backing the whole house of cards up, and making it possible, to the infinite.

You know that today central banks create only a small fraction of money, and that the great majority of money is created by the other banks: they call it “fractional reserve”. Only the central bank can create cash, and it is physical cash just in a minimal part, and the great majority is in “dematerialised” form. From a practical point of view, the “dematerialised” money created by the central bank and the “dematerialised” one created by the other banks are equal: both are in non−material form. But not at all in legal terms: today only the central bank has monetary sovereignty.

So why aren’t the other banks, that create money without having monetary sovereignty, prosecuted for counterfeiting?

Because what they create, legally, is not money but a promise of money. Juridically, the “money” circulating between our bank accounts in dematerialised form is not money but just a promise of money. The bank is promising us to deliver us “real” money, that is, created by the central bank, holder of the monetary sovereignty, at our request.

By the way, I consider that you are also aware of the reason why I write “real” money within quotes: we do know by now that central bank’s “real” money is made of the same indistinct substance both promises of money and nightmares are made: moneypulation. Only, a more sophisticated scheme is a better cover. But there’s a crack in that cover, and we’re here to put a wedge in that crack.

As the dematerialised money created by the central bank is indistinguishable from the dematerialised promises of money created by the other banks, the only way to have in our hands “real” money is requiring it in physical cash.

The moment we make this request is the moment we demand the bank to keep its promise: and to turn the promise of money into “real” money, it has to go and purchase the latter from the central bank, paying for it.