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Home Dinar Guru Updates DJ

DJ Monday Morning Thoughts

August 29, 2022
in DJ
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DJ:  DID YOU KNOW?

 

In an effort to understand the relevance of a GCR and why it is inevitable one first has to look at how the global financial system first began.

 

If you were to dig into it, the concept of printing money, or at the time coin, could trace its origins back to the Roman Empire. (The Roman Empire was the first to mix, or smelt, alloys into coins). So instead of a coin being 100% gold or silver, less expensive copper, tin and nickel were blended into it.

 

In 1397 was the formation of the Medici Bank. The Medici developed the concept of creating a “Note” that would represent the actual physical metals held by the bank. Which was easier and safer to move vast sums without moving the actual physical metals. ( this “note” concept would later morph into the creation of “Financial instruments” I;E Sovereign Bonds and various currencies).

 

They were among the earliest businesses, and first in banking, to use the “general ledger” system of accounting through the development of the “double-entry bookkeeping system” for tracking credits and debits. What in modern days we call a “financial statement”.

 

The concept of double-entry bookkeeping is the ability for banks in different locations (particularly global banks) to view the same account information of debits, credits and balances. You might say this was the grandfather of what would become the Central Banking System and the concept of “fractional banking”.

 

Fractional-reserve banking is the system of banking operating in almost every country. Under which banks that take deposits from the public are required to hold a proportion of their deposit liabilities in liquid assets as a reserve, and can lend the remainder to borrowers.

 

To who, and under what conditions, money was lent became the force that manipulated global economies, governments and monarchies. Various families and companies who understood how to work the system could gain fortune, power and influence by manipulating that system.

 

One example was “The West India Trading Company” who was granted a trade monopoly and given jurisdiction over Brazil, the West Pacific, the Caribbeans and North America. There were multiple families that rose in power and influence from abusing the system. One family in particular that would later rise in power were the Rothschild’s.

 

In the 1760’s Mayer Amschel Rothschild (born 1744) established a banking system which would later turn into an international banking conglomerate through his 5 sons who established businesses in London, Paris, Frankfurt, Vienna, and Naples. Which, at the time, were the 5 financial centers of Europe. Through their family network of businesses Nathan Rothschild , received, in London, the news of Wellington’s victory at the Battle of Waterloo a full day ahead of the government’s official messengers. This allowed him to buy up the British government bonds that were soon to be very valuable. The move effectively doubled the family wealth. This was just one example of how they manipulated bank instruments and the banking system for personal gain at the expense of the population.

 

This type of manipulation spread throughout the global banking system. The hard assets held (that supported those financial instruments) over the decades and centuries, were stolen in various ways through war, theft and illegal government or political seizures.

 

Those seized or stolen assets were then illegally re-leveraged against other instruments, primarily currencies. But the original liabilities that were attached to those historical instruments (backed by the hard assets) are still on the books and must be accounted for before those hard asset’s values can be reintroduced and revalued into a new incorruptible financial system.

 

Removing the ability for would-be wrong doers to manipulate the global populations.

 

In with the new out with the old.

 

DJ

 

https://www.rumormillnews.com/cgi-bin/forum.cgi?read=206486

Tags: Markzmondaymorningthoughts
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