AN ABSOLUTELY BIBLICAL BLUFF

I’m posting an absolutely unforgettable scene from Italian cinema. A scene that is just as unforgettable as it is absolutely in line with our times.

https://youtu.be/2H4oNvknlYc?is=9B5Ge7OqdCWmyL-7

We are in the middle of the biggest bluff of all time.

I’m not saying it. The numbers are.

And the numbers also tell us that this bluff is destined to grow and grow faster and faster, until the final blow-up.

When a government sustains itself by creating more debt, when a government decides to hand out contracts (in our countries, perpetually rigged, inflated, etc.), when a government gives income to people who do not deserve it because they do nothing... all the parties involved are not only in agreement, but are also happy with the deal.

The same applies in the private sector, both in the case of commercial banks and central banks.

Commercial banks are more than happy to create money; the newly married couple is happy to fuck in a brand-new house, decorated 😂 for the occasion.

Central banks don't even have to ask anyone for permission. They create it out of thin air, and who gives a fuck.

In other words... those who create money have absolutely no disincentive to do so and, in fact, all the parties involved are perfectly happy.

The same cannot be said for those who create real credit.

Because those who create real credit have to get up in the morning and go down the mine, go drilling, go plant potatoes under the sun, go pick tomatoes.

And, in any case... it takes time.

Which cannot be said to be necessary when creating debt.

There is therefore an accounting correspondence between credits and debts. Because when you create a debt, you create a corresponding credit on the books.

There is not, however, any kind of corresponding reality behind it.

As I explained above.

Our present (and our future) can be explained by this text, which is ridiculously easy to understand, yet I think no more than 1% of people actually understand it.

And I am probably being very, very optimistic, as always.