The invisible cage : Part 2 – Here’s a pair of wire cutters

By The Truth Reporter

In the first part of this discussion we looked at money, what it is, what it is not and how most of society has an extremely skewed conception of its function. Now we are going to go further. Remember that only 3% of the currency in the UK exists as physical notes and coins, the rest exists only on the bank ledgers. Bear this in mind and just think what power we have given the banking sector over our lives by allowing this situation to occur. What power? I hear you say, well in normal times I would agree, there is little to be afraid of but I need to
make you all aware of a cautionary and true story that took place not so long ago and not that far away.

In 2013 in Cyprus, the banking system was in a mess, there had been a lot of bad loans made and the Cypriot banking system had not yet fully mitigated the effects of the 2008 global financial crisis. I will not go into the minutia of the situation but essentially the Cypriots had mismanaged and misjudged at a time of extreme turbulence in the markets. Being in the EU also meant that the country fell under the jurisdiction of the European Central Bank and essentially were having their economy run from Brussels.

So how does the ECB solve these problems? Brutally. They closed the offending banks, anyone with more than 100,000 euros in the bank suddenly didn’t have more than 100,000 euros – they woke up and their money was gone. Be in no doubt, they really did just take the money, not physically – the computers just silently and instantly moved those digits from people’s accounts to the ECB. Of course the powerful and the wealthy knew this was on the cards and got their money out just intime. Who ended up being impoverished? – the people who had saved and saved and put a little extra by for their retirement or a rainy day, they suddenly saw their wealth gone. Anyone who has an interest in these events should read further as I’m somewhat simplifying the story but make no mistake, this happened.

The normal answer people give when I relate this story is ‘It couldn’t ever happen here’. My view is that it can and almost did. In 2008 RBS was 2 hours away from pulling the plug on the entire
chip+pin and cashpoint system as their liquidity evaporated in the crash. Only direct intervention by the Chancellor of the Exchequer prevented the entire UK banking system ending that day, I have provided a link below to that story which is well worth a read. This is the inherent weakness of the banking system as it exists today, it is built on the fiction that those numbers stored in the computers actually have any value, as soon as people lose faith in the value of those electronic digits the system fails.

This is all doom and gloom! – what can I do about it?

You’ll remember that in the first part we discussed the two basic pillars on which actual money stands – those being productive labour and tangible assets. Through an examination of them I’d like
to begin to introduce a solution which can help the individual to rethink the way they psychologically connect their concept of value and money. Disconnecting your mind from the banking matrix is not easy and to do this you’ll need to change certain aspects of your lifestyle to complete the escape. It is not without reason that in ‘The Matrix’ the reality in the real world is shabby and rough but the programmed dreamworld of the Matrix is pristine and highbrow. As Morpheus says so eloquently – ‘You have to understand, most of these people are not ready to be unplugged. And many of them are so inured, so hopelessly dependent on the system that they will fight to protect it’.

If you’ve not seen the reality show ‘Gold Rush’ then you can look it up on YouTube but here’s the basic plot – people risk their lives and money to dig up gold in places you don’t ever want to go. The rewards for those miners can be large but the chances of bankruptcy are also very real. The point is this, when those miners place those granules of gold on the scale, each granule was gained by hard, dangerous physical work combined with extreme financial risk. As I write this, gold trades at £1204 per ounce which sounds like a lot, but for one moment consider the danger, strife and risk of mining that gold. Here is the crucial conceptual point where we can start to connect the idea of productive labour with real monetary value and why gold has for thousands of years been seen as the most reliable store of this value.

There is a wide range of people who desperately want to keep you in the fiat money paddock – and this is just about all the politicians, economists and the banking industry who will tell you that you don’t get paid interest on gold, and you are exposed to the rise and fall of the market. These points are valid but of course banks barely pay interest these days. One thing that can be guaranteed is that if the banking system fails your gold is still wherever you left it.

This is not a complete solution to the injustice of the banking system, but on an individual basis freeing yourself from the mental prison of the monetary system can be massively uplifting. Below is
the first four steps of my rationale for freeing yourself from that ‘system’ – it is not perfect and it is not risk free but it is offered as my true opinion of the most prudent strategy in these uncertain
times.

1) You don’t need a new phone when the latest one is released .

2) Domino’s pizza is cheese on toast with excellent advertising.

3) All cars end up in the scrap yard eventually, is that new car smell worth the payment?

4) Statistically speaking you are not going to win the lottery – they’re selling you a dream ( I’m
giving you cold hard reality on a plate for free.)

Instead, every now and again and when you can, buy a gold coin and put it somewhere safe, where only you know where it is and then another and another. Pretty soon you’ll start to recognise that
special connection between the hard work you did for your pay cheque and the assets you hold. When the rainy day inevitably arrives you won’t have to go begging to banks or pay day loan crooks,
you’ll have a freely convertible source of wealth close at hand.

I would like to stress I am not connected with or taking money from any of the bullion dealers in return for this advice, it is a personal view based upon what I have learned which is working for me, I am convinced it will work for you. If you do decide to buy bullion there are plenty of people who will sell it to you, shop around and don’t buy from Ebay – bullion by post is a good place to start.

Bibliography:

https://www.thisismoney.co.uk/money/news/article-2415003/ALISTAIR-DARLING-INTERVIEW-
Britain-hours-away-total-social-collapse–Former-Chancellor-crisis-erupted-FIVE-years-ago-
week.html