The economy is a river, and if people lose faith in banks, the river will be diverted

Wealth is not static. Wealth is a river, and for rich people to stay rich, they have to have a hand in managing the flow of this river.

They have to use their money to capitalize a business and manage it, or get others to manage it for them while they still control the assets and financial management of these businesses.

In other words, leverage. The oligarchy regards its financial leverage as a law of nature and not a positive externality of a functioning civilization.

Part of a functioning civilization is treating banking as a public utility. Shear the sheep, don’t slaughter them. Take the golden eggs, let the goose live. Depositors and savers are the sacred cows of banking; if people lose faith in depositing money into banks, game fucking over.

We are seeing the death of banking, in two phases.

Phase One; banks don’t pay interest to savers that beats the rate of inflation. You lose money against inflation if you put it in a savings account or CD.

This did not kill banks, because banks don’t rely on depositors to make loans. They make loans out of thin air from the Federal Reserve.

And it hasn’t occurred to people that banks not paying interest is a major malfunction of the Federal Reserve controlled banking system. They have failed at their job, and it’s time to fire them. But they think they are a aristocrats and cannot be fired.

The fact is, the bankers can, and probably will be fired. People can stop using banks altogether, and when that happens, the 15% underground economy and 85% aboveground economy switch places.

Americans could turn to the underground economy, if we are forced to do so. It will be a lot of work in making this transition. It will initially be chaotic but ultimately self organizing.

Phase Two: Think Your Money is Safe in an Insured Bank Account? Think Again. by Ellen Brown

Posted on July 6, 2013 by dandelionsalad
by Ellen Brown
Writer, Dandelion Salad
July 6, 2013

trend to shift responsibility for bank losses onto blameless depositors lets banks gamble away your money.
When Dutch Finance Minister Jeroen Dijsselbloem told reporters on March 13, 2013, that the Cyprus deposit confiscation scheme would be the template for future European bank bailouts, the statement caused so much furor that he had to retract it. But the “bail in” of depositor funds is now being made official EU policy. On June 26, 2013, The New York Times reported that EU finance ministers have agreed on a plan that shifts the responsibility for bank losses from governments to bank investors, creditors and uninsured depositors.
Insured deposits (those under €100,000, or about $130,000) will allegedly be “fully protected.” But protected by whom? The national insurance funds designed to protect them are inadequate to cover another system-wide banking crisis, and the court of the European Free Trade Association ruled in the case of Iceland that the insurance funds were not intended to cover that sort of systemic collapse.
Shifting the burden of a major bank collapse from the blameless taxpayer to the blameless depositor is another case of robbing Peter to pay Paul, while the real perpetrators carry on with their risky, speculative banking schemes.

Go for it, banksters! Seize those depositors assets! I lived in Russia for 6 months — people don’t deposit their money into banks there, at least not local banks. Russians don’t trust banks. And there is a large underground economy; and ordinary people are much better off than in the USA. A White Ukrainian cabdriver dude can support a family in Ukraine.

Americans will have to figure out an alternative in commerce to using banks, and even federal reserve notes. We’ve had a trustworthy economy system that we don’t remember how to do this. There’s no historical memory in the US of underground economy; but there is among the zillions of immigrants. So we can actually use the immigrants to help us do an underground economy. Most of the existing US underground economy is the immigrants already; while American suckers play by all the rules and say yes sir! How high sir! Indian convenience stores are like “whatever,” the American financial system is so easy to game! Taxes? Ha! Low interest loans to open Gandhimart? You betcha! Hiding our considerable assets? That’s the way we do in Mumbai!

I know it seems weird to see immigrants as an asset that we can use (since they are here anyway), but there’s a higher goal here — to strike at the heart of the banking system. A USA underground economy will be a vote of no confidence in the Federal Reserve that will be heard from the DC, to the City of London, all the way to the Central Bank of Europe in Frankfurt (birthplace of the 5 Rothschild founding brothers).

No Turner Diaries scenario, unless they pick a fight with us. Just a mass cultural-economic re-ordering that deleverages bankster control over our economy, and the deleveraging of Jewish Cultural Marxist influence over our White American culture.

You can participate in this mass deleveraging. It’s already happening. Here’s one of the tips of the icebergs of the deleveraging movement.

The 2013 New Farmers Almanac is a publication with its eye fixed sharply on the future of America — How will we reclaim a landscape dominated by monoculture? How will we accommodate the upcoming population megaflux? How will our nation change now that the majority of citizens live urban lives?
Our Almanac is filled with essays and illustrations of agrarian advice, technical and philosophical, contemporary and historical. Brimming with ambition, the 120 contributors have created a rich, cooperative and highly various fabric of ideas, sure to entertain for hours on end, or a few minutes a day. The Almanac reflects the rich tradition of diversity, innovation, reform and highly principled American agriculture; though corn and soybeans today dominate our prime acreage and distort farm politics and economics. We’ve compiled a collection that stretches back earlier and further forward – bridging the work already done, and the work yet to implement a truly sustainable agriculture. All readers, both farmers and non-farmers, will be invigorated by the contents, inspired by the powerful testimony of history and amused by the cheekiness of the games and songs.

The writers in this Almanac are asking, and answering, the big questions. They are already creating the post-bank world.

Listen to Severine Tscharner Fleming on the Kunstlercast (how I found her) here. She talks about how farmers and landless but skilled laborers are reviving the Grange. They have conferences and throw parties for each other, and as I mentioned above, an Almanac. Severine (what a name!) wants more of us to get involved. here’s a quote from her — note that she herself does not own a farm, but rather does travelling farm internships at other farms:

Smithereen Farm is a little farm llc that I can carry with me until I have a farm of my own. It is the legal structure and equipment that I can use to run animal operations and herb-drying operations wherever I may be living and working, which is usually for Greenhorns and for another farm where I’m learning the next set of skills.

American agriculture needs more brains, bodies and businesses. Particularly those with a commitment to sustainable methods, soil stewardship, local food security. These are goals we share in the young farmers movement, and goals that serve our country’s long term best interest. While there is much wrong with the current economy, we have the advantage here that there is still land, land to be leased, land to be farmed, land that is attainable– and that opportunity to make a new businesses, one that is driven by the values and muscle of young minds may be our best hope.

You want to get in on this? You can. You can go get a farm intern job.

I know a WN in his 20’s who moved across the country to a farm intern job. He gets a stipend of 300 a week and a room, and since he’s working on a farm, there’s plenty of opportunity for free food. So he can basically save most of his 300 a week! Sure it sounds like a small wage, but not when your expenses are minimized.

Even better, he’s learning a raft of skills. He’s learning exactly what is done if he ends up owning a farm, and how to turn a profit. This is invaluable. He wants to learn butchery so he can go work for big game hunters on the tundra or the jungle. But you can learn all kinds of things — cheesemaking, winemaking, brewing, fermenting, perhaps even stuff like blacksmithing/metalworking. People are doing all kinds of stuff out there. Once you get in that world, you meet others, find other opportunities, learn new sets of skills, until you find the right set of skills for the right circumstances to do your own business or get a very good job and life situation.

Your job will be like one year at a time. you spend a season with one farm, and start planning to the next place you will go for another season. So few people have these skills, it will be well worth it to spend a few years (at least) doing various (paid) farm internships or food processing (cheesemaking, microbrewery) internships/jobs.

Farm job hours are humane since it’s hard work. After your 8 hours (with some exceptions, such as haying when the sun shines), the rest of your day is yours. You can study math or a foreign language. You got broadband and skype and youtube and cheap college textbooks from the sky is the limit.

Also, if you are part of farm production of some sort AND you also get in on the Indian Vaishya caste convenience store scamming tricks, you’ll bring together two disparate but potentially symbiotic tendencies. The very honest, very Aryan farm skills movement, and the Mindweaponized, Asiatic financial mentality. Rarely do the twain ever meet; but they could meet in you.

Get out of your parents’ basement, out of your stagnant situation. Go do farm internships and construct the post-bank economy, where we will be diverting the economy river to us, and to our control. This is how we deleverage the bankster control and take the planet back from those epic failure usurpers.


About mindweapon

The Fundamental Theorem of this Blog: We can defeat ZOG and take over the state just by having enough smart people in our group to overwhelm the Democracy-Idiocracy of 2040.
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21 Responses to The economy is a river, and if people lose faith in banks, the river will be diverted

  1. Brandon says:

    Very good article!

  2. RobRoySimmons says:

    I wonder when the psychopath white anti-whites (I know, redundancy) get around to crucifying Salatin?

  3. conchobar14 says:

    ” farm internships” wow there is such a thing as this? anyone have an experience of this? that sounds like a good time really

  4. We already have a utterly mainstream system in place that makes banking a public utility – credit unions. They work just like a bank, same accounts, same credit cards, same mortgages, same car loans – it’s just all tax free, and you own a share in the credit union.

    Virtually every place in the USA has local credit unions, from tiny one branch CUs to huge state wide, multi-branch behemoths.

    Why does anyone still use Citibank, Bank of America, Wells Fargo, etc? Why hasn’t everyone already switched? Are you waiting for another bank bailout or something?

  5. Viking says:

    Great articles over at Kennys Side Show [] .

    “The Deceived And The Dangerous”

    “Dancing Israeli Docs”

    “Grace And Me”

    Also– Go to “older posts” :

    “Death Ray For The Enemies Of Israel”

    [ dated : June 20th, 2013]

    The Schmoozzies are losing the “narrative” big-time. They’re getting knocked around the ring real bad — well real good actually — Great articles and Great comments from the readers. Very informative.

  6. Ryu says:

    Excellent find on the farm internships. Thanks!

  7. the money itself doesn’t sound all that great, but if they’re providing housing (and benefits such as broadband/wifi, free food), your expenses will be negligible. Compare to $500 per week but you have a lot of living expenses, and you could be coming out ahead in this, especially if you know how and where (eg, NOT the banks) to hoard your money.

    The other side benefit is that farming can be labor-intensive, thus it will be a decent way of getting into/staying in shape. Good find.

    • mindweapon says:

      I know a guy doing it and he’s doing OK. He spends very little money — they got more food than he could eat, obviously. Also, there’s a lot of different skills you can learn — cheesemaking, butchery, fermenting.

      If you get good at butchering livestock/game you can go on safari hunts or Alaska tundra hunts for caribou and field dress/butcher the caribou for the rich hunter dudes. It’s a good way to meet rich white men, maybe you can convince one of them to support the WN movement. Guarantee you the kind of rich white man who hunts caribou does not like the idea of being subordinated to Marxist Socialist Jew-led colored people. This is a nightmare for men like that, but they don’t know of any credible way to support the Resistance.

      Cheesemaking is pretty cool too. It’s not too hard to find a source of inexpensive raw cow’s milk or sheep’s milk, and if you make cheese, you can sell it over the internet. There’s enough WN’s that we’d buy cheese or sauerkraut from each other.

      • Guarantee you the kind of rich white man who hunts caribou does not like the idea of being subordinated to Marxist Socialist Jew-led colored people. This is a nightmare for men like that, but they don’t know of any credible way to support the Resistance.

        Starting small farms and hiring on young Whites who are skilled or semi-skilled would be a good way for them to support the Resistance. On the big-picture side of it, convincing enough rich people to start small farms could create the kind of political base needed to topple what’s left of Big Agri and their ridiculous regulations. look up Baker’s green Acres for one particularly egregious overstep. It would also pull enough young Whites out of the libtard paradigm of “go to college, get a degree in Literature, work at a cubicle compiling expense reports for forty years, retire with no Social Security”, while taking a little more food out of the belly of the beast.

        On a small-detail level, the idea of young Whites studying Science in their non-farming hours really appeals to me. It would be funny to one day go to an orthopedic surgeon who got good with his hands milking cows while getting good with his mind after milking said cows. That’s just one example of how it can be done, and it could even result in less college debt if the young dairy farmer saves his money… that’s another important thing to consider. Even saving $20-30k on student loans can make a difference, and again, a little less food for the belly of the beast.

        I like where this is snowballing.

      • mindweapon says:

        Absolutely. And a farm intern has access to free food as a fringe benefit. He could trade food to a professor for tutoring/independent study in math/science.

        Farming itself involves a lot of science. Basically do the hands on at work and study science with your free time. If you only work 8 hours a day, on the place you live, that’s truly only 8 hours. An office job in Boston 1 hour to get up and get ready, 1 hour commute, 1 hour lunch plus 8 hour day, 1 hour commute home. That’s an 11 hour day! Ryu said Mexcians in Arizona work 6am to 1pm — a mere 7 hours. A farm intern I know says it’s usually 8 hours at most, sometimes more if there’s haying or something. But they are way more humane about hours than in, say office work, where they don’t consider it a big deal to have people working 60 or 70 hours a week on some computer programming project or business deal.

        So that free time is golden. Use it well.

        By hte way, for Calculus I use the Briggs and Cochran book, Calculus Early Transcendentals, and the Student Solutions manual and I’m really getting through it well. I’m halfway through it, doing definite and indefinite integrals, and I’ve got my daughter learning limits.

  8. Interesting post, Mindweapons.

    I think the biggest problem people of the world and in the West itself have is that they accept what the money-changers tell them is valuable. Thus, our gold and silver mania. What people don’t get is that the gold and silver in themselves are not valuable. They are simply metals. Why not copper or aluminum for that matter?

    Before the money changers convinced the entire world that these two metals were more valuable than anything else in the world, countries used all kinds of items for currency. Holland used TULIPS as a currency, before it recovered its “sanity” and went back to gold and silver.

    Yet, there is evidence to indicate that bringing in massive gold and silver shipments to Spain from their colonies in the New World caused it to decline.

    All the money reaching Spain in the 16th century did not solve the chronic national problem of bankruptcy. Spain was chronically short of vital supplies: it could not feed itself, and had to import wheat; and it needed strategic goods such as sailcloth for its fleet. The French observer Jean Bodin, writing in 1578, noted that the Spanish were using the New World wealth to buy grain, cloth, paper, books, wood, jewelry, and spices from France, paying high prices for them because they could not produce them at home. In other words, the Spanish were using their wealth to subsidize an increasingly heavy imbalance of trade, and in doing so were leading a price inflation that was passed on to their customer nations: Italy more than France. Everything was dearer in Spain and Italy than in France, and higher in Spain than in Italy, reported Bodin. French workers were being attracted into Spain by wages three times those they could earn at home.

    Yet two men found a way to get around the usury system.

    On the advice of his friend, Colonel Dick Taylor of Chicago, Abraham Lincoln issued the Greenback to finance the War Between The States. He was so successful that Lincoln planned to keep the system permanent (which may have been the true reason why he was assassinated).

    Adolf Hitler apparently was so inspired by Lincoln’s Greenbacks that he created his own version. He issued one billion non-inflationary bills of exchange called “Labor Treasury Certificates.” They were used as receipts for German labor and products. Hitler said, “for every mark that was issued we required the equivalent of a mark’s worth of work done or goods produced.” The workers then spent the Certificates on other goods and services, creating more jobs for more people.

    What Lincoln stumbled onto and Hitler ultimately realized is that no OBJECT in itself is valuable except for what it can be exchanged for (or buy). The REAL value is the goods and services of the workers. Gold and silver, like the Tulip, the Greenback, and the Labor Treasury Certificate are nothing more than what the people who produce things will allow their goods and services to be exchanged for.

    • Excellent way of putting things Cly.

      As far a hording silver or gold goes, the only thing in its favor is the fact that your savings is in something tangible and useful rather than almost useless paper.

    • Mr. Rational says:

      no OBJECT in itself is valuable except for what it can be exchanged for (or buy).

      The point of gold and silver is that they are relatively scarce, so their quantity cannot be increased readily and inflate the value of existing stocks away. They’re not easy to counterfeit either.

  9. JJ says:

    Nah, it’s violence or nothing, which until we experience a real financial collapse means it will be nothing. There are plenty of failed states around the world whose crooked, incompetent, evil governments still maintain control. I happen to be reading a series of books about North Korea. They don’t have a real banking system. They don’t have a working economy. People actually starve to death, but the system has no problem keeping control and riding the people like a pony. TPTB will never let you alone. Even a severe and permanent financial downturn won’t alter that. We’re in this situation precisely because we’re too materialistic and decadent to be a credible violent threat to our overlords, and the only way an economic downturn will change the relationship we have with our masters is if the removal of that decadence revitalizes a real threat of revolt. The State isn’t going to wither on the vine. This is the way it’s been throughout history, the only real bargaining chip the little people have ever had is the threat of mass violence against the elite and their servants, the thin veneer of democracy and legal rights doesn’t change the reality of the dynamic between the powerful and the powerless.

    Immigration has eliminated the possibility of a peaceful overthrow of the system. There’s no chance of the American people uniting politically because there is no American people anymore. That was the whole point of the elite flooding this country with non-whites, to eliminate any possibility of peaceful revolution. They give you a choice: kill us or be a slave. They’ve got the police, they’ve got the army, it’s in their best interest to eliminate real democracy and put control of the white population on a purely military footing. And that’s what they’ve done, though they still allow the not-ready-to-fight white middle class and below the ballot box to give them a face saving illusion that they still have some say in how their lives are run.

  10. As intra-financial sector claims grew, banks became increasingly detached from their ultimate clients in the real economy. In most professions, people see the ‘real’ impact of their work: teachers witness the growth of their students, farmers that of their crops. When bankers become disconnected from their ultimate clients in the real economy, they have no direct view of the impact of their work. The LIBOR-setter sees only the numbers on the screen as a game to be won, ignoring the consequences of his or her actions on mortgage-holders or corporate borrowers.

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