Monday, January 17, 2011

THE MURKY TRUTHS OF INFLATION AND GLOBALISATION -- CAPT AJIT VADAKAYIL




THE FINANCIAL JACKALS


A city traveller was driving through a shanty town in Alabama. 

He feels he needs to go for a crap , and so he stops at the best motel in town.

He tells the motel owner at the reception that he needs to stay overnight, but he has to check out the best room first, and only if it suits his standards, only then , he will stay overnight. 

The owner agrees, takes 100 dollars from him as a refundable depost, and the traveller goes up to check out his room. 

Meanwhile the motel owner races to the town’s resident whore and returns the 100 dollars he owes her. The whore rushes to the tailor and return 100 dollars she owes him. The tailor rushes to the butcher, the butcher rushes to the tavern owner etc etc—this 100 dollar changes hands several times , before the 100 dollar bill comes back to the motel owner via the local blacksmith who had used the motel several times. 


The traveller meanwhile declares that the motel room is below his standards, ( but he used the toilet for a nice crap quietly ) collects his 100 dollars back from the motel owner , gets into his car and drives away.
  
Now—

Every body has benefitted—the traveller had his free crap at leisure, the entire town have repayed their debts in a MERRY GO ROUND WAY , and is looking forwards to a better future with renewed confidence.

This is how the American system works.


Now let me tell a joke--  about how stupid the run of the mill economist is -- most of them tried to get into Science and Math in college -- but did NOT have the brains and ran aground on the economics rock.




Experienced economist and not so experienced economist are walking down oxford street.



They get across shit lying on the asphalt.



Experienced economist: "If you eat it I'll give you $20,000!"



Not so experienced economist runs his optimization program on his I7 procesor laptop and figures out he's better off eating it so he does and collects money.



Continuing along the same road they almost step into yet another pice of turd.



The not so experienced economist: "Now, if YOU eat this shit I'll give YOU $20,000."



After evaluating the proposal , our experienced economist eats shit and pockets the moolah.



They go on.



The not so experienced economist starts thinking aloud : "Listen, we both have the same amount of money we had before, but we both ate shit. I don't see us being better off."



Experienced economist: "Well, that's true, but you overlooked the fact that we've been just involved in $40,000 of fucking trade."



    
Recently a batchmate forwarded an interesting article which was written by an Indian Economist to all our batchmates.

Japanese save a lot. They do not spend much. Also, Japan exports far more than it imports. Has an annual trade surplus of over 100 billion. Yet Japanese economy is considered weak, even collapsing.

Americans spend, save little. Also US imports more than it exports. Has an annual trade deficit of over $400 billion. Yet, the American economy is considered strong and trusted to get stronger.

But where from do Americans get money to spend? They borrow from Japan , China and even India . Virtually others save for the US to spend. Global savings are mostly invested in US, in dollars.

India itself keeps its foreign currency assets of over $50 billion in US securities. China has sunk over $160 billion in US securities.



Japan 's stakes in US securities is in trillions.

Result:

The US has taken over $5 trillion from the world. So, as the world saves for the US - It’s The Americans who spend freely. Today, to keep the US consumption going, that is for the US economy to work, other countries have to remit $180 billion every quarter, which is $2 billion a day, to the US !

A Chinese economist asked a neat question. Who has invested more, US in China , or China in US? The US has invested in China less than half of what China has invested in US.

The same is the case with India . We have invested in US over $50 billion. But the US has invested less than $20 billion in India .

Why the world is after US?

The secret lies in the American spending, that they hardly save. In fact they use their credit cards to spend their future income. That the US spends  is what makes it attractive to export to the US . So US imports more than what it exports year after year.

The result:

The world is dependent on US consumption for its growth. By its deepening culture of consumption, the US has habituated the world to feed on US consumption. But as the US needs money to finance its consumption, the world provides the money.

It's like a shopkeeper providing the money to a customer so that the customer keeps buying from the shop. If the customer will not buy, the shop won't have business, unless the shopkeeper funds him. The US is like the lucky customer. And the world is like the helpless shopkeeper financier.

Who is America 's biggest shopkeeper financier? Japan of course. Yet it's Japan which is regarded as weak. Modern economists complain that Japanese do not spend, so they do not grow. To force the Japanese to spend, the Japanese  government exerted itself, reduced the savings rates, even charged the savers. Even then the Japanese did not spend (habits don't change, even with taxes, do they?). Their traditional postal savings alone is over $1.2 trillion, about three times the Indian GDP. Thus, savings, far from being the strength of Japan , has become its pain.

Hence, what is the lesson?

That is, a nation cannot grow unless the people spend, not save. Not just spend, but borrow and spend. Dr. Jagdish Bhagwati, the famous Indian-born economist in the US , told Manmohan Singh that Indians wastefully save. Ask them to spend, on imported cars and, seriously, even on cosmetics! This will put India on a growth curve. This is one of the reason for MNC's coming down to India , seeing the consumer spending.

'Saving is sin, and spending is virtue.'

But before you follow this Neo Economics, get some fools to  save so that you can borrow from them and spend !!!


Now—

We all know that inflation is caused by money supply growing faster than the rate of economic growth

The task of keeping the rate of inflation low and stable is usually given to the central banks that control the size of the money supply through the setting of interest rates, through open market operations, and through the setting of banking reserve requirements.

Now—

HOW DOES THE CORRUPT US FEDERAL RESERVE SYSTEM WORK?

This is real—and NOT an imaginary story like the traveller in Alabama.  

How does the US monetary system work ?

This is bound to shock you out of your skin.



Pass on this expose—for unless you understand , you cannot be free.

Taking on nearly religious proportions, the established monetary institution exists as one of the most unquestioned forms of faith there is. How money is created, the policies by which it is governed and how it truly affects society are unregistered interests of the great majority of the population.
In a world where 1% of the population owns 40% of the planet’s wealth…in a world where 34,000 children die every single day from poverty and preventable diseases, and where 50% of the world’s population lives on less than 2 dollars a day… one thing is clear:

Something is terribly wrong.

And whether we are aware of it or not, the lifeblood of all of our established institutions and thus society itself, is money. Therefore understanding this institution of monetary policy is critical to understanding why our lives are the way they are.

Unfortunately, economics is often viewed with confusion and boredom. Endless streams of financial jargon coupled with intimidating mathematics quickly deter people from attempts at understanding it. However, the fact is, the complexity associated with the financial system is a mere mask, designed to conceal one of the most socially paralyzing structures humanity has ever endured.

 "None are more hopelessly enslaved than those who falsely believe they are free."-Johann Wolfgang von Goethe
The United States Government decides it needs some money, so it calls up the Federal Reserve, and requests, say, 10 billion dollars”. The fed replies, saying ” sure… we’ll buy 10 billion in government bonds from you.”


So, the government then takes some piece of paper, paints some official looking designs on them, and calls them ‘Treasury Bonds’. Then, it puts a value on these Bonds to the sum of 10 billion dollars, and sends them over to the Fed. In turn, the people at the Fed draw up a bunch of impressive pieces of paper themselves, only this time calling them ‘Federal Reserve Notes’…also designating a value of 10 billion dollars to the set.


The Fed then takes these notes and trades them for the Bonds. Once this exchange is complete, the government then takes the 10 billion in Federal Reserve Notes and deposits it into a bank account…and upon this deposit, the paper notes officially become ‘legal tender’ money, adding 10 billion to the US money supply. And there it is… 10 billion in new money has been created. 


Of course, this example is a generalization, for, in reality, this transaction would occur electronically, with no paper used at all. In fact only 3% of the US money supply exists in physical currency. The other 97% essentially exists in computers alone.


Now, Government bonds are, by design, instruments of Debt and when the Fed purchases these bonds, with money it created essentially out of thin air, the government is actually promising to pay back that money to the Fed.
In other words… The money was created out of debt. This mind numbing paradox of how money, or value, can be created out of debt, or a liability, will become more clear as we further this exercise.
So, the exchange has been made and now 10 billion dollars sits in a commercial bank account. Here is where it gets really interesting, for as based on the Fractional Reserve practice, that 10 billion dollar deposit instantly becomes part of the bank’s Reserves, just as all deposits do. And regarding reserve requirements, as stated in Modern money mechanics:

A bank must maintain legally required reserves, equal to a prescribed percentage of its deposits. It then quantifies this by stating: under current regulations, the reserve requirement against most transaction accounts is 10%.”

This means that with a ten billion dollar deposit, 10% or 1 billion is held as the required reserve, while the other 9 billion is considered an excessive reserve and can be used as the basis for new loans.

Now, it is logical to assume that this 9 billion is literally coming out of the existing 10 billion dollars deposit. However, this is actually not the case. What really happens is that the 9 billion is simply created out of thin air, on top of the existing 10 billion dollar deposit. This is how the money supply is expanded. 

The banks do not really pay out loans from the money they receive as deposits. If they did this, no additional money would be created. What they do when they make loans is to accept promissory notes (loan contracts) in exchange for credits (money) to the borrower’s transaction accounts.”

In other words, the 9 billion can be created out of nothing, simply because there is a demand for such a loan, and there is a 10 billion dollars deposit to satisfy the reserve requirements.

Now, let’s assume that somebody walks into this bank and borrows the available 9 billion dollars. They will then most likely take that money and deposit it into their own bank account.
                  
The process then repeats, for that deposit becomes part of the banks reserves, 10% is isolated and in turn 90% of the 9 billion or 8.1 billion is now available as newly created money for more loans. And, of course, that 8.1 can be loaned out and redeposited creating an additional 7.2 billion…to 6.5 billion.. to 5.9 billion etc.

This deposit-money creation-loan cycle can technically go on to infinity… the average mathematical result is that about 90 billion dollars can be created on top of the original 10 billion. In other words, for every deposit that ever occurs in the banking system, about 9 times that amount can be created out of thin air.

So that we understand how money is created by this fractional reserve banking system ,a logical, yet elusive question might come to mind:

What is actually giving this newly created money value?

The answer: The money that already exists.

The new money essentially steals value from the existing money supply… for the total pool of money is being increased, irrespective to demand for goods and services, and, as supply and demand finds equilibrium- prices rise, diminishing the purchasing power of each individual dollar. 
This is generally referred to as ‘inflation’ and inflation is essentially a hidden tax on the public. ( I thing we have given Manmohan Singh and Montek Singh Ahluwalia enough time to figure out all this !)
What is the advice that you generally get, and that is inflate the currency. They don`t say debase the currency, they don`t say devalue the currency, they don`t say cheat the people with savings, they say lower the interest rates.
             
The real deception is when we distort the value of money, when we create money out of thin air, we have no savings yet there`s so called capitol…so the question boils down to this-how in the world can we expect to solve the problems of inflation–that is the increase in the supply of money– with more inflation? ”
Of course, it can’t. The Fractional Reserve System of monetary expansion is inherently.

inflationary. For the act of expanding the money supply without there being a proportional expand of good and services in the economy, will always debase a currency..

In fact a quick glance at the historical values of the US dollars Vs the money supply,reflects this point definitively, for the inverse relationship is obvious.

In fact, One dollar in 1913 required 21.60 cents in 2007, to match value…that is a 96% devaluation since the Federal reserve has come into existence.


                               
Now, if this realty of inherent and perpetual inflation seems absurd and economically self-defeating… hold that thought, for absurdity is an understatement in regard to how our financial system really operates.

For in US financial system money is debt and debt is money. 


-- the more money there is, the more debt there is… the more debt there is, the more money there is.


              
To put it a different way, every single dollar in your wallet is owed to somebody by somebody; for remember, the only way the money can come into existence is from loans. Therefore, if everyone in the country were able to pay off all debts, including the government, there would not be one dollar in circulation.
(If there were no debts in US money system, there wouldn`t be any money”

The international bankers installed a central bank in 1913…The Federal Reserve. And as long as this institution exists, perpetual debt is guaranteed.
Now, so far we have discussed the reality that money is created out of debt, through loans.

      
These loans are based on a bank’s “Reserves” and Reserves are derived from deposits. Through this fractional reserve system, any one deposit can create 9 times its original value, in turn debasing the existing money supply, raising prices in society.


                    
And since all this money is created out of debt and circulated randomly through commerce, people become detached from their original debt and a disequilibrium exists where people are forced to compete for labor, in order to pull enough money out of the money supply to cover their costs of living.

As dysfunctional and backwards as all of this might seem… there is still one thing we have omitted from this equation… and it is this element of the structure which reveals the truly fraudulent nature of the system itself.

-The application of Interest.

When the government borrows money from the Fed or when person borrows money from a bank, it almost always has to be paid back with accrued interest. In other words, almost every single dollar that exists must be eventually returned to a bank, with interest paid as well. 



        
But, if all money is borrowed from the central bank and is expanded by the commercial banks through loans, only what would be referred to as the ‘principle’ is being created in the money supply…. So then, where is the money to cover all of the interest that is charged?

Nowhere. It doesn’t exist. The ramifications of this are staggering, for the amount of money owed back to the banks will always exceed the amount of money that is available in circulation. This is why Inflation is a constant in the economy, for new money is always needed to help cover the perpetual deficit built into the system, caused by the the need to pay the interest.

What this also means is that mathematically, defaults and bankruptcy are literally built into the system. And there will always be poor pockets of society that get the short end of the stick. An analogy would be a game of musical chairs, for once the music stops someone is left out to dry.

And that’s the point. It invariably transfers true wealth from the individual to the banks, for if you are unable to pay for your mortgage, they will take your property. 

            
This is particularly enraging when you realize that not only is such a default inevitable due to the fractional reserve practice, but also because of the fact that the money that the bank loaned to you didn’t even legally exist in the first place.

              
In the 1969, there was a Minnesota court case involving a man named Jerome Daly, who was challenging the foreclosure of his home by the bank, which provided the loan to purchase it. His argument was that the mortgage contract required both parties, being he and the bank, each put up a legitimate form of property for the exchange. In legal language, this is called “consideration”.


                
(Consideration: -a contract`s basis. A contract is founded on an exchange of one form of consideration for another.)
Mr. Daly explained that the money was, in fact, not the property of the bank, for it was created out of nothing as soon as the loan agreement was signed.
              
Remember what modern money mechanics stated about loans: “what they do when they make loans is to accept promissory notes in exchange for credits…Reserves are unchanged by the loan transactions. But deposit credits constitute new additions to the total deposits of the banking system.” In other words, the money doesn’t come out of any of their existing assets. The bank is simply inventing it, putting up nothing of its own except for a theoretical liability on paper.



As the court case progressed, the banks president, Mr. Morgan, took the stand, and in the judge’s personal memorandum, he recalled that “The Plaintiff (bank’s president) admitted that it, in combination with the Federal Reserve Bank…did create the…money and credit upon its books by bookkeeping entry…the money and credit first came into existence when they created it…Mr. Morgan admitted that no United States law or statute existed which gave him the right to do this…a lawful consideration must exist and be tendered to support the note.” “The jury found that there was no lawful consideration and I agree” He also poetically added, ” Only God can create something of value out of nothing”

And upon that revelation, the court rejected the bank’s claim for foreclosure and Daly kept his home. The implications of this court decision are immense, for every time you borrow money from a bank, whether it is a mortgage loan or a credit card charge, the money given to you is not only counterfeit, it is an illegitimate form of consideration and hence voids the contract to repay… for the bank never had the money as property to begin with. Unfortunately, such legal realizations are suppressed and ignored, and the game of perpetual wealth transfer and perpetual debt continues….

And this brings us to the ultimate question: why?

During the American civil war president Lincoln bypassed the high-interest loans offered by the European banks and decided to do what the founding fathers advocated, which was to create an independent and inherently debt-free currency. It was called the Greenback. Shortly after this measure was taken, an internal document circulated between private British and American banking interests stated:

                          
“…slavery is but the owning of labor and carries with it the care of laborers, while the European plan…is that capital shall control labor by controlling wages. 

              
This can be done by controlling the money. It will not do to allow the greenback, as we cannot control that.”-The Hazard Circular, July, 1862

The fractional reserve policy perpetrated by the Federal Reserve, which has spread in practice to the great majority of banks in the world is, in fact, a system of modern slavery. Think about it… 

   
Money is created out of debt. And what do people do when in debt? They submit to employment to pay it off. 
   
But, if money can only be created out of loans, how can society ever be debt free? It can’t. And that’s the point.
                     
And it is the fear of losing assets, coupled with the struggle to keep up with the perpetual debt and inflation inherent in the system, compounded by the inescapable scarcity within the money supply itself created by the interest that can never be repaid… that keeps the wage slave in line… running on the hamster wheel with the millions of others… in effect powering an Empire that truly benefits only the elite at the top of the pyramid… 


     
---for at the end of day, who are you really working for? The banks. Money is created in a bank and invariably ends up in a bank. They are the true masters along with corporations and governments they support.
Physical slavery requires people to be housed and fed. Economic slavery requires the people to feed and house themselves.

It is one of the most ingenious scams for social manipulation ever created, and at its core, it is an invisible war against the population. Debt is the weapon used to conquer and enslave societies and Interest is its prime ammunition.

And as the majority walks around oblivious to this reality, the banks, in collusion with governments and corporations, continue to perfect and expand their tactics of economic warfare…spawning new bases… such as the World Bank and International Monetary Fund… while also inventing a new type of soldier… the birth of the economic hit man.

 ( There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt.-John Adams-1735-1826).

How does the IMF and the World Bank work: they put a country in debt, in such a big debt it can`t pay it, and then you offer to refinance that debt, and pay even more interest, and you demand this quid pro quo which you call a “conditionality” or “good governance”


--- which means basically that they`ve got to sell off their resources, including many of their social services; their utility companies; their school systems sometimes; their penal systems; their insurance systems, to foreign corporations. So its a double, triple, quadruple whammy.
    
This isn`t a conspiracy theory type of thing, these people don`t have to get together and plot to do things, they all basically work under one primary assumption, and that is that they must maximize profits, regardless of the social and environmental cost


(Maximize profits, regardless of the social and environmental cost)


This process of manipulation by the corporatacracy through the use of debt, bribery and, political overthrow is called “Globalization”. Just as the federal reserve keeps the American public in a position of indentured servitude through Perpetual Debt, Inflation and Interest, the World Bank and IMF serve this role on a global scale.

The basic scam is simple. Put a country in debt either by its own indiscretion or through corrupting the leader of that country, then , impose conditionalities, or Structural Adjustment Policies…often consisting of currency devaluation, privatization of state-owned enterprises trade liberalization.. or the opening up of the economy through removing any restrictions on foreign trade. 

This allows for a number of abusive economic manifestations… such as transnational corporations bringing in their own mass produced products, undercutting the indigenous production and ruining local economies… Today, countless farmers are out of work, for they are unable to compete with the large corporations.

Another variation is the creation of numerous, seemingly unnoticed, unregulated, inhumane sweatshop factories, which take advantage of the imposed economic hardship. 


Additionally, due to production deregulation, environmental destruction is perpetual, as a country’s resources are often exploited by the indifferent corporations, while outputting large amounts of deliberate pollution.



Of the world’s top 100 economies, as based on the annual GDP, 51 are corporations,

And 47 of that 51 are US based. Wal-mart, General Motors and Exxon are more economically powerful than Saudi Arabia, Poland, Norway, South Africa, Finland, Indonesia and many others….

You get up on your TV  screen, and howl democracy…there is no democracy…there is only IBM and ITT…and AT&T…and Dupont, Dow, Union Carbine, Enron…and Exxon. Those are the nations of the world today.



The world is being taken over by a handful of business powers, who dominate the natural resources we need to live, while controlling the money that we need to obtain these resources. 
  
The end result will be world monopoly, based not human life, but financial and corporate power.

And as the inequality continues, naturally more and more people are becoming desperate…. so the establishment was forced to come up with a new way to deal with anyone who challenges the system…so they gave birth to the terrorist.. 


The term terrorist ( or a Naxalite in India ) is an empty distinction, designed for any person or group who chooses to challenge the Establishment.


GREED AND COMPETITION ARE NOT THE RESULT OF IMMUTABLE HUMAN TEMPERMENT…GREED AND FEAR OF SCARCITY ARE IN FACT BEING CREATED AND AMPLIFIED …THE DIRECT CONSEQUENCE IS THAT WE HAVE TO FIGHT WITH EACH OTHER IN ORDER TO SURVIVE”.
-Bernard Lietaer, Founder of the EU Currency System

The cold war and the collapse of the Soviet Union was, in reality, a way to preserve & perpetuate the established economic and global hegemony of the United States…similarly religions condition people to feel guilty for natural inclinations, each claiming to offer the only path to forgiveness and salvation.

At the heart of this institutional self-preservation lies the monetary system, for it is money that provides the means for power and survival.

Therefore, just as a poor person might be forced to steal in order to survive, it is a natural inclination to do whatever is needed to continue an institution’s profitability. 




This makes it inherently difficult for profit-based institutions to change, for it puts in jeopardy not only the survival of large groups of people, but also the coveted, materialistic lifestyles associated with affluence, and power.


Therefore, the paralyzing necessity to preserve an institution, regardless of its social relevance, is largely rooted in the need for money, or profit.

‘What’s in it for me’, is the way people think. And so if a man makes money selling a certain product, naturally he is going to fight the existence of another product that may threaten his institution. Therefore people cannot be fair and people do not trust each other. 


A guy will come over to you and say, “I’ve got just the house you’re looking for”. He’s a salesman. 


When a doctor says ‘I think your kidney has to come out’, I don’t know if he’s trying to pay off a yacht, or that my kidney has to come out- it’s hard in monetary system to trust people.

If a company dumps toxic waste into the ocean to save money, most people recognize this as corrupt behavior. On a more subtle level, when WalMart moves into a small town and forces small businesses to shut down, for they are unable to complete, a gray area emerges…. 

For what exactly is Walmart doing wrong? 


Why should they care about mom and pop organizations they destroy. 


  
Yet, even more subtly, when a person gets fired from their job, because a new machine has been created which can do the work for less money, people tend to just accept that as ” the way it is” -- not seeing the inherent, corrupt inhumanity of such an action.

Everybody had been wondering why the current generation of Rothschild has stopped all their covert games. Oh no! They upstaged all their ancestors with the HOAX of the millennium. GLOBAL WARMING DUE TO GREEN HOUSE GASES . This would make poor countries rich in natural energy like coal and hydrocarbons buy biodiesel and alternate from Rothschild's companies in European countries who have NOTHING in their country— just unfertile , no mineral , no energy wasteland.


 “WE CAN EITHER HAVE DEMOCRACY IN THIS COUNTRY OR WE CAN HAVE GREAT WEALTH CONCENTRATED IN THE HANDS OF A FEW, BUT WE CAN’T HAVE BOTH” – Louis Brandeis, supreme court justice








CAPT AJIT VADAKAYIL
..

31 comments:

  1. Well, I just started reading your blogs.It is o.k to bring awareness to internet community.But what are the possible antidote or countering measures for the 40000$ bond buying by USA every month until jobs are created!!! and FDI in retail single and multibrand retail segment in India.Can we have a blog with your thoughts.

    ReplyDelete
  2. hi mudaliyar,

    i have done more shopping in walmart than all the people in india--having been sailing around the world for 4 decades.

    for my financial ststus walmart is ok.

    but it is NOT ok for india and het poor people who cannot see light at the end of the tunnel.

    punch into google search WALMART IS NOT GOOD FOR INDIA- VADAKAYIL.

    read it carefully --this is the way traders went into south maerica as UNITED FRUIT COMPANY and then made banana republics .

    "lobbying " is officially allowed in USA .

    in india too nira radia got caught--

    read my post-

    BAUXITE MINING, NAXALITE MENACE , JOSHUA PROJECT- VADAKAYIL

    capt ajit vadakayil
    ..

    ReplyDelete
  3. new age scams in INDIA is the biggest slavery of ALL -worst than British and Mughal Raj - our own politicians stashing away billions in swiss banks and overseas - what are you talking ? Enron finished more than 10 years back - why only name americans ? now comes Chinese and koreans all over the world acquiring all natural resources, mines, land properties and name it - nothing is left over - Indian are only cheap - not even 1% of so called intelect can understand all these - shame and pity - every one wants to play cheap dirty politics - from a tea boy to topmost bureaucrat - Indians don't read, understand or fight for their right - pussycats -

    ReplyDelete
  4. I really appreciate your understanding of the system. But this is a system that forces people to achieve more, create more value. This is how money goes from one person to another. The ones who do something new, something better get rewarded with more money. Of course, that money is coming from some body else's pocket. And that person must have earned that money by doing something else better than anybody else.

    How else people will be motivated to do new things, invent, design, build...

    Also, this system creates a level playing field. (at least seemingly)

    The governments must ensure that it remains with in limits and every one in the society has opportunities.

    Is there a better system than this?


    ReplyDelete
  5. hi pankaj,

    i will be posting on the BULLSHIT of modern economics soon.

    next time you take a walk on the street, look at some really poor man on the street, who cant afford a square meal .

    now put yourself in his shoes.

    this requires FERTILE imagination-- do not cheat yourslef--

    now ask the same question again, which you asked me.

    QUOTE -Is there a better system than this?--UNQUOTE

    YES, there is!

    any system which has wealth in the hands of 1% is no good.

    politicians like mamata who is honest and works for the down trodden is rare.

    our country , her wealth and her natural resources will always be there for us-- as long as we do NOT becomes slaves all over again, and someone steals everything we have.

    i am from kerala. the wealth with rothschild family , is OUR wealth.

    punch into google search TIPU SULTAN UNMASKED- VADAKAYIL.

    i do hope you have read my post ---

    THE SHREWD INNER CLUB WITHIN THE NAIVE BILDERBERG CLUB- VADAKAYIL,

    --to understand what manmohan singh and sonia is upto.

    they have already signed away our nuclear rights.

    india is heading for disaster, just when we could have been no 1 country in the world in another 20 years.

    capt ajit ajit vadakayil
    ..

    ReplyDelete
    Replies
    1. Dear Captain,

      I could not understand the line "politicians like mamata who is honest and works for the down trodden is rare"!! U think highly of her? Please elaborate. I thought she is the worst threat to the Indian sovereignty as she is slowly putting West Bengal in the clutches of Islamic extremism..

      Delete
  6. My question is regarding the following statement's:

    1. What really happens is that the 9 billion is simply created out of thin air, on top of the existing 10 billion dollar deposit. This is how the money supply is expanded.

    and

    ” In other words, the money doesn’t come out of any of their existing assets. The bank is simply inventing it, putting up nothing of its own except for a theoretical liability on paper".

    My questions:

    1.What do you mean by "9 billion is simply created out of thin air"? what is this "thin air" if all the cash is printed by govt.?

    2.Also how do banks go bust if they have this type of system in place?

    I sincerely appreciate your efforts in exposing the things you have a lot of courage and thank you for your sincere efforts.

    ReplyDelete
  7. hi,

    i will be posting on this soon again in more detail.

    ordinary banks cannot print money, they can only increase circulation.

    the CENTRAL BANK or FEDERAL RESERVE BANK which can print money, should be owned by the government, but in USA it is owned by rothschild a private banker cartel.

    federal bank cannot just print out money whenever they feel like. money can be printed only if they hold moolah in the form of gold, silver,property etc.

    imagine you are running a small bank in a village. in kerala there are lot of private banks called BLADE banks.

    they will lend you money at high interests, and at the same time they will take a collateral from you in the form of gold jewellery. at the same time they give VERY high interest to someone who is willing to invest and make a money deposit.

    these bankers are beggars. once they have enough gold and enough money deposit from investors --they just vanish. see, they started off with nothing and made off with everything.

    you cannot loan money ,unless you have a reserve of your own money. or one fine day if too many people want to make sudden withdrawals , you wont have any money to pay them.

    if the country's law forced by corrupt bankers who choose their own US presidents , says banks need to keep only 10% of reserve what they loan out-- an INTELLIGENT man will immediately cry-

    THIS IS A SUPER SCAM!

    libyan president did NOT want the rothschild central bank-- and wanted to start his won currency, with gold as standards ,and he was killed,

    next is syria--the iran-- then north korea--the cuba.

    in USA which ever president acted funny with the bankers they either got assassinated or got thrown out.

    the rest of the world including india has been compromised, and we have the rothschild's central bank.

    capt ajit vadakayil
    ..

    ReplyDelete
    Replies
    1. \\\\the rest of the world including india has been compromised, and we have the rothschild's central bank.\\\\\

      wahat is its name-axis bank or rbi?
      how many are there.Could u tel?

      Delete
    2. hi smk,

      our PM manmohan singh worked for rothchild before he was placed on the finance minister'c chair-- using rajya sabha back door entry.

      axis bank is rothschild bank.

      punch into google search MODERN ECONOMICS A VULGAR PSEUDO SCIENCE VADAKAYIL

      all rating agencies give false alarms , and then the stooges push in measures like FDI in retail.

      today our ex-owners of british east india company as back in india with a strong foothold -- NOT a toe hold.

      capt ajit vadakayil
      ..

      Delete
  8. Thank you very much Sir I highly appreciate your prompt reply.

    Just wanted to ask you can a bank use collateral immediately after it gets it from debtor to print OUT more money from central source
    (because technically the collateral will belong to the bank until debtor pays off) this at starting when only loan is taken

    OR

    it can only get its money if either debtor pays back with interest OR his collateral auction pays off?

    Sir I think you should write something about credit cards also because banks show a sorry picture about defaulters etc. but at the other end many banks are trying to increase credit card customers.

    The real irony is that while westerners are increasingly turning to Asian esp Indian and Chinese philosophy, culture and methods of doing things we INDIANS are running for that western culture forgetting about all philosophy and culture.

    SIR you are doing a great job,I thank you for it.

    ReplyDelete
  9. hi,

    the bank cannot give a loan without holding maal. collateral is also maal.

    wait for my post on PSEUDO SCIENCE OF ECONOMICS.

    it is bullshit.

    how has it lasted so long in the modern intelligent world?


    capt ajit vadakayil
    ..

    ReplyDelete
  10. http://en.wikipedia.org/wiki/Ecological_pyramid
    i hope you see the resemblance..
    without flow of energy.. there is no life... without flow of money.. there is no economy...everyone is free to not participate in the circulation...but if you dont go out to hunt/reach for the nutrition... you cant survive.. life isnt about hoarding energy.. its about gaining it & spending it.. doing either one more than the other is pointless..same with money..
    nature isn't fair or just...some species have a distinct advantage..some have a huge disadvantage... some develop it.. some lose it.. to expect humans to be better than nature itself is man's greatest narcissism.. which is why inequality is an ever present signature of human history...as also is man's innate desire to eradicate it..

    ReplyDelete
  11. hi raveen,

    i just some some parts of an interview between karan thapar and montek singh ahluwalia.

    i am sorry-- montek does NOT understand economics, for the indian model.

    neither does manmohan singh.

    it is up to the intelligentsia in india to write a BRAND NEW economic theory which suits india.

    I WOULD SUGGEST THAT THEY STOP TEACHING MODERN ECONOMICS -- BECAUSE IT IS BULLSHIT!

    3 years back there was a crash? did anybody predict it? did anybody know what happened?

    this is what happens when people who are weak in math write mathematical models and equations, to baffle the common man, into a win-lose situation.

    really i dont care if the worlds best economist agrees with me or not. i dont need to be a hen to judge an omelette.

    most of the economists have their own agenda.

    meanwhile i would like you to know more about india's blue eyed economist boy amartya sen.

    punch into google search --
    AMARTYA SEN GETS NOBEL PRIZE FOR WHITE WASHING CHURCHILL - VADAKAYIL.

    i once saw a tv interiew between cacafonika --nay sagarika ghose and amartya sen.

    the lack of intelligence was outstanding.

    capt ajit vadakayil
    ..


    ReplyDelete
  12. Hi Sir,

    Rajiv dixit in his speech said that if the black money in swiss and other banks can be converted into GOLd and brought back to india,
    The dollar will be equivalent to rupee........

    He also said that it is practically possible

    1)Once there was a urea scam in which pv narsimha raos son is involved.Then the supreme court declared the amount in swiss regarding that scam is nationalized(belong to nation)
    2)He says..same way we can do with all the money in swiss and in the world
    3)Bring the money in the form of gold

    What's ur take on this sir???

    -JP

    ReplyDelete
    Replies
    1. hi JR,

      only if a DESH BHAKT strongman rules india , we can bring the black money back.

      for this we need to send the queen bee back to italy. today she will be more worried about the new pope and the white smoke, than the slain jawans in kashmir.

      the way USA puts sanctions , we too can put sanctions -- as india is a strong nation.

      capt ajit vadakayil
      ..

      Delete
  13. Very interesting blog post, Captain. You may be interested to know that many Americans are even more optimistic than you story above illustrates. In fact, there are plenty of Americans who believe that if there was only one dollar in existence, if we could just make that one single dollar circulate fast enough, then everybody could make a million dollars, several times every day! Nice theory, eh?

    What do you think about the financial theories of the late Ezra Pound?

    ReplyDelete
    Replies
    1. He was one of the first who understood the chicanery of the banking cartel. In 1933 Rothschild controlled Time magazine called him "a cat that walks by himself, tenaciously unhousebroken and very unsafe for children."
      Ezra Weston Loomis Pound wrote long ago. “ The provision of finance is a utility, just like the distribution of water and energy. Yet this public good is in the hands of private sector managers who have done a disastrous job”
      Financiers have organized themselves so that actual or potential losses are picked up by somebody else—if not their clients then the state – while profits are kept to themselves. There is a chance to make finance once again the servant of the public, as it should be. The Bank of England can directly create sterling assets (that is, print money) if it needs to—i.e. it does not have to “borrow” from the banks it has just had to bail out”
      “It is not money that is the root of the evil. The root is greed.”
      “It is an infamy that the STATE in, and by reason of, the very act of creating material wealth should run into debt to individuals.”
      “The government pays interest to private organizations for the use of its own credit . . . So that actually the government is getting itself into debt to the banks for the privilege of helping them to regain their stranglehold on the economic life of the country.”
      Pound’s prophetic critique of anti-democratic capitalism became a major theme after the 1929 Crash and the Great Depression of the 1930s—and it led to his being falsely accused of being himself anti-democratic.

      punch into Google search -
      MODERN ECONOMICS A VULGAR PSEUDO SCIENCE VADAKAYIL

      capt ajit vadakayil
      ..

      Delete
  14. Following analyze a pair of of the weblog posts on your web site now, and I really like your signifies of blogging. I bookmarked it to my bookmark web website report and will probably be checking once again quickly. Please check out out my world wide web internet site as properly and permit me know what you feel.
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    ReplyDelete
    Replies
    1. hi rcm,

      since you are in the hotel business -- you must know about economical sanitation.

      punch into google search--

      UNSUNG OZONE , FOR INSTANT PREVENTION AND MIRACULOUS CURE VADAKAYIL

      capt ajit vadakayil
      ..

      Delete
  15. Pls ref your comment "The cold war and the collapse of the Soviet Union was, in reality, a way to preserve & perpetuate the established economic and global hegemony of the United States." Bankers controlled both Soviets and American and Cold War was dialectic to merge the two systems Capitalism & Communish together when Americans had been Malthusianed, socialized enough. The end product is New World Order dominated by bankers which is rehashed Feudalism. New World Order is Eugenics culling of useless eaters & Scientific Dictatorship. The Globalists have put in place mechanism to bring world population from 7 Billion to 1 Billion through poisoning basic sustenance viz water, food & medicine.

    ReplyDelete
    Replies
    1. hi a,

      punch into google search-
      COMMUNISM AND THE JEWS , MAO TSE TUNG AND ROTHSCHILD FUNDS VADAKAYIL

      capt ajit vadakayil
      ..

      Delete
  16. Thanks a lot for explaining this corrupt economics. So, we are slaves as we work hard, most Indians live in poor conditions, stay poor throughout their lives, we work hard and pay taxes to the government, country remains underdeveloped forever and Indian government has to pay Interest on Interest on Interest out of our money. Our natural resources, our government policies are controlled by the outsiders and we are treated down upon with contempt by the foreigners as poor Indian people. In short, we are still slaves.. I thought we got independence in 1947. Only on the papers.

    ReplyDelete
  17. Sirji, I would be glad if you create a post on India's present natural resources. I know in the form of sunlight, mighty rivers, we have got huge huge wealth, besides a lot of mineral ores etc, in the form of people, brain, vedas, we are rich in every aspect. I have no doubt about it. But, If you could throw some light on where are our natural resources, how much are they benefitting an average India, including the poorest of the poorest Indian and who are those who are keeping their evil eyes on what resource. How to unclench their claws? What is the present condition, how much are we getting looted everyday, today?

    Thanks a lot.

    ReplyDelete
  18. STOP PRESS:

    USA IS NOSTRIL DEEP IN DEBT 18.2 TRILLION USD WHICH CAN NEVER BE REPAID—UNLESS THERE IS WORLD WAR THREE--

    -- WHERE ZIONISTS WILL APPLY VICTORS KANGAROO COURT JUSTICE, AND STEAL AS USUAL .

    THERE IS A HITCH—RUSSIA AND CHINA ARE TOO POWERFUL AND THEY WILL BE IN THE OPPOSITE CAMP.

    WITH ZIONIST DARLING MODI ON THE PM CHAIR— WE DO NOT KNOW WHICH SIDE HE WILL BE ON -- BUT ISRAEL DARLING MODI MUST KNOW THAT RUSSIA AND CHINA ARE VERY CLOSE TO INDIA THAN HIS APCO SPONSORS IN USA / EU / ISRAEL.

    USA is no longer the undisputed global economic and political superpower. China is far ahead in economy — never mind the DOCTORED Zionist pie charts.

    China can crash the US economy anytime. A big chunk of USA’s 18.2 TRILLION USD national debt is owed to China. . . .

    CHINA JUST NEEDS TO THREATEN TO SELL OFF ITS USA DEBT HOLDINGS - THIS WILL CAUSE US INTEREST RATES TO SKY ROCKET AND BRING US ECONOMY TO A GRINDING HALT. . . .

    CHINA CAN BLEED USA ANY SECOND BY DEMANDING GREATER INTEREST PAYMENTS ON THE DEBT. . .

    USA has for too long used the dollar and Rothschild banking system as weapons to blackmail the rest of the vulnerable world.

    Any bank which dares to defy the US government gets effectively blackballed from the Rothschild controlled US banking system and subject to a 30% withholding tax.

    UK announced it will join new China-led Asian Infrastructure Investment Bank (AIIB) as a founding member late last week, Germany, France and Italy decided yesterday to follow Britain’s lead and join as well – LITERALLY SHOWING THE MIDDLE FINGER TO UNCLE SAM AND TELLING HIM TO FU#K OFF .

    AIIB will give IMF/ World Bank a run for their money.

    The New Development Bank (NDB), formerly referred to as the BRICS Development Bank will soon kick Rothschild controlled IMF / Wold Bank in its teeth. Out of the total initial capital of $100 billion, China will contribute $41 billion, Brazil, Russia and India would give $18 billion each, and South Africa would contribute $5 billion. It is scheduled to start lending next year..

    Things aint hunky dory for Zionists any more.

    USA is headed for a situation where the interest on the national debt alone will consume most of the revenues (taxes), and US dollar will be worthless. . . .There is a saying UP SHIT CREEK WITHOUT A PADDLE.

    BRICS IS NOW DRAWING UP A LIST OF ZIONIST WAR CRIMINALS , WHO WILL FACE MERCILESS JUSTICE .

    IN INDIA WE KNOW ABOUT BAD KARMA .

    THE KOSHER CHICKEN WILL COME HOME TO ROOST SOONER THAN LATER , – THERE WILL BE NO TEARS – FOR ZIONISTS HAD MADE EXPLOITING VULNERABILITY A FINE ART ..

    Capt ajit vadakayil
    ..

    ReplyDelete
  19. THE ZIONIST NATIONS AR CRYING HOARSE ABOUT GREECE'S EXTERNAL DEBT.

    BUT HEY ALL THESE ZIONIST NATIONS WHO RIDE BEHIND UNCLE SAM IN THE POSSE ( ALLIES / COALITION GANG ) HAVE GREATER DEBTS, WHICH CANNOT BE REPAID UNLESS THERE IS WW3.

    https://en.wikipedia.org/wiki/List_of_countries_by_external_debt

    Country / External debt in US dollars / % of GDP
    #################################################

    United States / 18,540,448,667,000 / 106

    United Kingdom / 9,590,995,000,000 / 406

    France/ 5,750,152,000,000 / 222

    Germany/ 5,546,869,000,000 / 145

    Italy /2,651,413,000,000 / 124

    Netherlands/ 2,526,895,000,000 / 316

    Spain/ 2,305,648,000,000 / 167

    Switzerland / 1,610,897,000,000 / 229

    Australia/ 1,395,638,000,000 / 95

    Canada / 1,337,445,000,000 / 92

    Belgium/ 1,286,918,000,000 / 266

    Sweden/ 1,145,785,000,000 / 187

    Austria/ 820,010,000,000 / 200

    Norway/ 737,118,000,000 / 141

    Denmark/ 593,221,000,000 / 180

    Portugal/ 548,800,000,000 / 223

    Greece /360,000,000,000 / 174

    New Zealand /90,230,000,000 / 126

    capt ajit vadakayil
    ..

    ReplyDelete
  20. STOP PRESS:

    INSTEAD OF PRAISING INDIAs ECONOMIC GROWTH, THE RESERVE BANK GOVERNOR RAGHURAM RAJAN IS TRYING TO PULL IT DOWN BY KOSHER LIES.

    HEY RAGURAM RAJAN, WE DONT WANT YOU IN INDIA--WE DONT CONSIDER YOU AN INDIAN--

    WE KNOW THAT ROTHSCHILD WILL GIVE YOU THE IMF CHIEFs POST AS SOON AS CHRISTINE LAGARDE STEPS DOWN , IF YOU RUN DOWN INDIAN ECONOMY ON PAPER . .

    RAGHURAM RAJAN , NEITHER YOU, AMARTYA SEN, MANMOHAN SINGH OR MONTEK SINGH AHLUWALIA KNOW ANYTHING ABOUT ECONOMICS--ESPECIALLY INDIAN ECONOMICS.

    CHID WAS MORE OR LESS OK !

    http://ajitvadakayil.blogspot.in/2012/09/modern-economics-empirical-vulgar_2219.html

    WE THE PEOPLE OF INDIA WANT MODI TO SACK RAHURAM RAJAN , INSTEAD OF GIVING HIM FAALTHU GRACE TIME IN INDIA , TO FILL UP THE SHOES OF CHRISTINE LAGARDE .


    BY THE WAY CHIDs GRANDFATHER SIR ANNAMALAI CHETTIAR WAS A ROTHSCHILD BANKER.

    MAJJA HAI--KISSI KOH KUCH NAHI PATHA

    capt ajit vadakayil
    ..

    ReplyDelete
  21. http://timesofindia.indiatimes.com/business/india-business/Indias-salary-growth-at-0-2-GDP-gain-of-63-8-since-2008-Study/articleshow/54343982.cms

    WHAT TYPE OF STUPID CUNT WROTE THIS ?

    SORRY, IN INDIA WE UNDERSTAND ECONOMICS

    WE DONT INCREASE SALARIES JUST LIKE THAT.

    The wage-price spiral is ROTHSCHILD'S macroeconomic theory used to explain the cause-and-effect relationship between rising wages and rising prices, or inflation

    The wage-price spiral suggests that rising wages increases disposable income, thus raising the demand for goods and causing prices to rise. Rising prices cause demand for higher wages, which leads to higher production costs and further upward pressure on prices, creating a conceptual spiral.

    Wage-price spiral is an economic term that describes how prices increase when wages increase. It's a phenomenon that occasionally occurs when the general prices for goods and services increase, causing workers to demand a wage hike

    The wage increase effectively increases general business expenses that are passed on to the consumer in the form of higher prices. It's essentially a loop or cycle that perpetuates itself by consistent prices increases.

    The wage-price spiral deals with the causes and consequences of inflation, and it is therefore most popular in ROTHSCHILDs Keynesian economic theory.

    Governments and economies like to have stable inflation — or price increases. A wage-price spiral often makes inflation increase higher than is ideal. Governments have the option of stopping this inflationary environment through the actions of the central bank.

    A country's central bank can use monetary policy, by way of the interest rate, reserve requirements or open market operations, to curb the wage-price spiral.

    Wage push inflation is a general increase in the cost of goods that is preceded by and results from an increase in wages. To maintain corporate profits after an increase in wages, employers must increase the prices they charge for the goods and services they provide.

    The overall increased cost of goods and services has a circular effect on the wage increase; eventually, as goods and services in the market overall increase, then higher wages will be needed to compensate for the increased prices of consumer goods.

    Consumer goods companies are also known for making incremental wage increases for their workers. These minimum wage increases are a leading factor for wage push inflation. In consumer goods companies especially, wage push inflation is highly prevalent, and its effect is a function of the percentage increase in wages

    If a specific industry is growing rapidly, companies might raise wages to attract talent or provide higher compensation for their workers as an incentive to help business growth. All such factors have a wage push inflation effect on the goods and services the company provides.

    Again- The dreaded wage-price spiral -- also known as an inflationary spiral -- is a condition in which wages and prices rise in a continuing, self-perpetuating relationship that exerts inflationary pressure on an economy.

    When an economy is operating at near full employment and people have money to spend, demand for goods and services increases. To meet the demand, companies expand their businesses and hire more workers. However, at near full employment, most workers already have jobs.

    So companies have to lure workers with higher wages, which, of course, increases the companies' costs, explains the website Biz/ed. The workers then push for higher wages to meet the higher prices and expected price hikes, which increases company costs again.

    Theoretically, this continues in an inflationary spiral until a loaf of bread costs the proverbial wheelbarrow full of cash.

    INDIA IS THRIRD IN GDP (PPP ) FOR A REASON, RIGHT?

    WE AINT STUPID

    http://ajitvadakayil.blogspot.in/2016/06/gpi-dog-shall-wag-gdp-tail-not-vice.html

    capt ajit vadakayil
    ..

    ReplyDelete
  22. US Fed greatly reduced reserve requirements during the 1920s, expanding credit recklessly and generating a false prosperity that ended in the crash of 1929.

    THIS CRASH WAS DELIBERATE.

    http://ajitvadakayil.blogspot.in/2011/02/great-american-depression-capt-ajit.html

    People understood that the Fed was manufacturing dollars out of thin air and started to pull their money out of banks, converting them to gold. Roosevelt closed the banks, then announced it was illegal to own gold.

    Jew FDR forced the American people to give back private gold to the Fed –all of which went to Jew Rothschild’s private vaults. In 1933 Roosevelt made the dollar fiat currency domestically, but backed by gold internationally.

    A Presidential Executive Order by Roosevelt on April 5, 1933, required all the people to exchange their gold coins, gold bullion, and gold-backed currency for money that was not redeemable in precious metals. The Gold Reserve Act of 1934, known as the Thomas Amendment which amended the Act of May 12, 1933, made it illegal to possess any gold currency (which was [finally] rescinded December 31, 1974).

    Gold coinage was withdrawn from circulation and kept in the form of bullion. Just as the public was to return all their gold to the U.S. Government, so was the Federal Reserve. However, while the people received $20.67 per ounce in paper money issued by the Federal Reserve, the Reserve was paid in Gold Certificates. Now the Jew Rothschild / Federal Reserve had total control of all the gold in the country.

    The United States Gold Reserve Act of January 30, 1934 required that all gold and gold certificates held by the Federal Reserve be surrendered and vested in the sole title of the United States Department of the Treasury.

    The Gold Reserve Act outlawed most private possession of gold, forcing individuals to sell it to the Treasury, after which it was stored in United States Bullion Depository at Fort Knox and other locations

    A year earlier, in 1933, Executive Order 6102 had made it a criminal offense for U.S. citizens to own or trade gold anywhere in the world, with exceptions for some jewelry and collector's coins.

    These prohibitions were relaxed starting in 1964 – gold certificates were again allowed for private investors on April 24, 1964, although the obligation to pay the certificate holder on demand in gold specie would not be honored. By 1975 Americans could again freely own and trade gold.

    In 1971 President Richard M. Nixon repeals the 1934 Gold Reserve Act so citizens can own gold. Nixon was made evil by Jew Rothschild.

    Nixon was a good man.
    In his frustration of not being able to win this difficult war in guerilla friendly jungles ,using superior fire power , president JF Kennedy authorized the CRIMINAL use of Agent Orange, made by Monsanto .

    It was to be sprayed from the air on Vietnam to exterminate people like cockroaches and to denude the land of food and rice crops.

    It was President Nixon who finally halted this bizarre war tactic. In 1973, President Richard Nixon promised $3.25 billion in reconstruction aid to Vietnam "without any preconditions."

    That aid was never granted by the subsequent governments.

    THIS IS WHY VIETNAM HELD BACK US POW – TO FORCE US GOVT TO MAKE GOOD THEIR PROMISE

    RAMBO MOVIE CLEARLY SHOWS THIS.

    My revelations now jump to 22.80%..

    CONTINUED TO 2-

    ReplyDelete
    Replies
    1. More than 5 million people were exposed to Agent Orange. The spraying covered 24.8 percent of the land area of Vietnam. It is estimated that a mind boggling 95000 tons of agent orange was sprayed by soldiers who had NIL conscience to exterminate 3 million fellow humans.

      The genocide in Cambodia was even worse

      http://ajitvadakayil.blogspot.in/2015/11/pol-pot-of-khmer-rouge-great-cambodian.html

      A LOT OF GOLD KEPT IN GOVT VAULTS THROUGHOUT THE WORLD IS FAKE

      REAL , ORIGINAL GOLD LIES IN THE PRIVATE VAULTS OF JEW ROTHSCHILD—MOSTLY KERALA TEMPLE GOLD WHICH HE GRABBED FROM JEW TIPU SULTAN IN 1799 AD.

      http://ajitvadakayil.blogspot.in/2011/10/tipu-sultan-unmasked-capt-ajit.html

      Crypto Jew Gen Branco an agent of Jew Rothschild kept Spain neutral during WW2

      Wolfram ore ( finished product Tungsten ) was shipped to Germany and Jew Hitler converted real gold into fake gold by coating tungsten bars with gold . Wolfram ore mines in Spain were owned by Jew Rothschild

      http://ajitvadakayil.blogspot.in/2015/10/if-zionist-jews-created-isis-who.html

      The Abwehr – the German intelligence organisation – was operating from neutral Spain.

      The Abwehr also maintained observation posts along both sides of the Straits of Gibraltar, ( Spain and Morocco ) reporting on shipping movements. The American Jewish Joint Distribution Committee operated in Barcelona.

      By end of WW2 more than 52,000 Jews were hiding in Spain with Spanish passports. They would all land up in Israel later

      After WW2 Jew Hitler stayed in Jew Gen Branco’s house in Spain for a couple of weeks before he escaped to Argentina by U boat submarine

      In 1932, Jew Rothschild ensured the victory of Jew FD Roosevelt in the Presidential elections over Herbert Hoover. Roosevelt won by a landslide in both the electoral and popular vote, receiving the highest percentage of the popular vote for a Democratic nominee—the vote was rigged.

      There was a QUID PRO QUO DEAL— JEW FD ROOSEVELT WOULD SUCK OUT ALL PRIVATE GOLD IN USA AND DELIVER TO ROTHSCHILDs PRIVATE VAULTS

      Under the Emergency Banking Act (March 9, 1933, 48 Stat.1, Public law 89-719) President Franklin Delano Roosevelt effectively dissolved the United States Federal Government by declaring it bankrupt and insolvent.

      On June 5, 1933 Congress enacted HJR 192 which made all debts, public or private, no longer collectible in gold. Instead, all debts public or private were to be payable in un-backed Fed-created fiat currency. This new currency would now be legal tender in the U.S. for all debts public and private.

      The United States Constitution has been continuously eroded due to the fact that the nation is now owned “lock stock and barrel,” by Jew Rothschild , contemptuous of any freedoms and sovereignties intended by American forefathers. This was all accomplished by design.

      Under orders of the creditor the Federal Reserve System and its private owners on April 5, 1933 President Franklin D. Roosevelt issued Presidential order 6102, which required all Americans to deliver all gold coins, gold bullion, and gold certificates to their local Federal Reserve Bank on or before April 28, 1933.

      Any violators would be fined up to $10,000, imprisoned up to ten years, or both for knowingly violating this order.

      “The way to make money is to buy when blood is running in the streets.” -- John D. Rockefeller ( Rothschild’s chillar peanut agent )

      MAJJA HAI

      KISSI KOH KUCH NAHI POTHA—NAY –PATHA !

      Capt ajit vadakayil
      ..

      Delete