IN A FEW SECONDS, IF YOU WANT TO, YOU CAN UNDERSTAND LIFE
By Mauro Marturano
If you want to. If you don't want to, a whole lifetime isn't enough.
These are magic texts, the ones you're reading, as always, from the House of Ito. One day they'll all go in the book. Texts understandable enough to defeat even an ostrich, unless one... really insists on playing ostrich 😂
Today I wanted to do what Draghi did for years, what Bernanke did for years, what Kazuo Ueda does 😂 (governor of the Bank of Japan), what Meloni does (who SYSTEMATICALLY spends more than she takes in), same as, obviously, Conte, Gentiloni, Zelensky, Donaldo, Bidet, Xi Jinping. What any commercial bank manager does. Namely... create credit.
Today I created 1,000,000,000 dollars in no more than 5 seconds. Job done? I went to find a pen and paper and wrote a 1 and nine zeros.
What will I do with that piece of paper? I certainly can't consider it VALUE. What work did I do to consider it VALUE? So what the hell am I going to do? I'll walk out my front door, or my office door, or wherever the hell I am, and start spending.
The credit I generated will go buy physical goods that were most certainly NOT CREATED starting from the credit I created for myself. Because it took me... 5 seconds to create that credit. And creating 1,000,000,000 euros of real credit would cost the effort, the time, the dedication of a huge number of people.
Now, ladies and gentlemen, ostriches male and female 😂, if this has been the modus operandi of central banks, commercial banks, and governments (who, by SYSTEMATICALLY spending more than they take in, generate credit exactly the way I just did, on every front: municipalities, provinces, regions, central governments), it seems absolutely normal to me that we'd reach a point where the system necessarily has to stagger.
Because the moment I walk out of my house and start buying, I'm going to snap up things that were certainly not created because of the credit I generated.
A modus operandi like this, which obviously suits whoever has the power to do it just fine (because it costs them no effort and, on the contrary, they enjoy the situation), can only lead to growing imbalances.
I have an extraordinarily hard time understanding how these texts can't be understood. I have an extraordinarily hard time understanding how the consequences of what I write can't be grasped.
How can you fix, without economic deaths, a world whose first unwritten law is: "whoever creates money out of nothing is creating fictitious credit that mortgages real credit not yet created"?
I'll conclude by saying...
When I tell you... a system like this can only survive if all the monetary wealth is in the hands of a few, if you think I'm wrong, or even worse, that I'm siding with the ruling elites, it means you haven't understood not just this text, this video, but not even the other 56,834 pieces I've shared.
And if you haven't understood them, there's a 0 in 100 chance you'll be able to write new rules.
Refounding the unit of measure of our lives, refounding the "algorithm" of a social/economic/financial system isn't done by screaming or howling like monkeys.
It's a serious thing.
And it requires having lofty thoughts.