Money, Banking, Banks, Finance, Government, Interest, Interest, Bonds, Central Bank, Inflation, Gold, Silver, Currency, Value, Credit, Debt, Budget Deficit, Budget Balance
1. History of Money, 2. History of Finance, 3. A 5000-year history of loans
If you by reading this will get interested (e.g. by watching the program below) and get curious about getting involved in these philosophy lectures - contact us at www.duga.seA remarkable "small detail" (really not so small) "forgotten" in this context is that the historically effective balancing force, which is called CANCELLATION OF DEBT is not mentioned in the program. Nevertheless, it is through debt write-offs that Fiat money has been corrected all the time throughout history. It is the laws of life that make themselves right. In fact, in the Bible, people are given the advice to carry out debt cancellation every seven years. And every 49 years, a complete debt cancellation (according to the Bible) should be varried out. Since the program is a few years old, it may be interesting to point out that the gold price has gone up and down in recent years. But the trend is still UP. Whoever bought gold in the year 2018 can today rejoice in the rise of the gold price. Although it is true that all Fiat money (such as "paper money") has historically become worthless, a Fiat monetary system has sooner or later always been replaced by another.
NOTE! It is (I think) quite
right that we will run into a serious disturbance in the financial system when
"the bubble bursts". But when this change occurs or how difficult it
becomes, is written in the stars.
We have never had a financial system with so
many people involved in creating. We therefore have no historical experience to
fall back on, in order to predict the coming financial crisis. However, we know
that the more (greater number = quantity) people are involved in creating the
trust that all monetary systems basically rely on, the more stable the system
becomes.
On the other hand, we can be sure that the
crisis will come. The tip to prepare for the coming crash is (as they say in
the program and as we say in our philosophy lectures)
1)
education and
2) 2) Obtain a buffer in the form of gold and silver.
Check out this 30 minute program that easily decribes the entire scam device:
Among other things, The following quotes are conveyed:
