Do you have any links to source information about the Swiss Central Bank printing money?

Reply from The Daily Bell

Although the Swiss Central Bank sometimes represents what is best for Switzerland just as often it works closely with other central banks to further the interests of the central bank cartel.

Don't use their product anymore. Close all bank accounts. Buy gold and silver coins. Buy food, water, medicine, guns, and ammo. Use cash and money orders for bill paying. Cut the banks off. Stand back and watch the bankers fall.

The central bankers of the world maybe on the job, but they have to get passed Angela Merkel.....

Ladies and Gentlemen,

Please be advised that Great Internet Gamers are XXXXStreamly busy at Work, REST* and Play. And would boldly go into Alternate Fields of Truthful Reality trailing and trialing Beta Virtually Advanced IntelAIgent Operating Systems for Future Reality Presentations.

Although posted slightly earlier elsewhere on a not entirely unrelated matter, the following is equally appropriate ringing bells here, methinks.

[quote]amanfromMars,

There are whole nations starting to realise that their administrations are probably, all too easily, quite criminal and in league with fantasy money markets, to artificially inflate their bank balances beyond that which the public purse and ponzi credit scams and permanent debt schemes are designed to deliver and maintain/sustain.

Westminster, the Mother of all Parliaments has lost the plot and runs with crooked intelligence, and the world knows, and sees right through such twits and toffs as are so full of themselves in their plays to the gallery and stalls and media with heroically empty rhetoric?

Plan B please, Dave, or forever be realised as the complete wally who never saw the Great IntelAIgent Game Waves coming.

The Arab Spring turns into a Naked Short Sell of an Anglo Saxon Autumn .... and that requires more of a SMARTer IntelAIgent Service response than pontificating media puppets, stripped and/or bereft of virtual intelligence services supply, can ever hope to present and deliver of the future.

PS ..... It would be both negligent and naive, to the point of a criminal dereliction of duty and provision of care, to not imagine that the twin problems of studious ignorance and crass class arrogance endemic in present Western capitalist society models, will not very quickly explode and cause catastrophic mayhem and colossal financial losses, right at the top of the pyramid tree, should new intelligence not be embraced and used to boot up a New Global Operating System with Novel Virtual Drivers ..... which should be recognised for the APT Offer that it is and IT can deliver, rather than imagined as anything else at all sinister and/or something completely different.

Please share and wire this APT Offer widely, for it is not a secret to be squirreled away from the light of day and human knowledge...... IT is paid for and free.

Click to view link [/quote]

*Representational State Transfer (REST) is a style of software architecture for distributed hypermedia systems such as the World Wide Web. ... courtesy of the Google spider introing the REST wiki article.

Until and unless the truth of matters is shared and used to build the future upon, will there always be Advanced Persistent Threat Offers delivering overwhelming competitive disadvantage which crushes and destroys sub-prime merchants into conceited spin with stupid deceit. Such is the New AIDefault and Virtual and Actual Reality.

This from BBC News.

France,Italy,Spain,Belgium have banned short selling on the shares of
banks and other financial stock.
It follows sharp gains and looses in bank stocks in recent days,
especially in France, on fears about their exposure to Euro zone government
Debt.

This is how I would of written the above.

The Eurocrats at the behest of their banking uber bosses have instructed the
financial Gestapo to outlaw betting against our cr** fraudulent fiat.
This will be strictly enforced.We will not tolerate any impediment to short honest money. Gold and Silver. Further more as a defence against honest money terrorists we will increase margin calls as we see fit.

Yet through it all the conspiracy of fraud is unravelling.

If ever the above is realised by enough, quick enough.
We can break this bondage.PMs are the key.
A little in many hands is still possible, I urge you all to grab as much as you can. The PE are determined to enslave you in their debt.
Their Achilles heel PMs.
PMs some say are not perfect, that may be true.
Lets debate that once we have flushed out these parasites. If the market
"YOU" decide PMs are far better than we have ,they are toast.

What would haunt me for the rest of my enslaved life is if I never tried .
When there is a way out. Yes it will be one hell of a fight.

"take all necessary measures to support financial stability and growth in a spirit of close cooperation and confidence." ...
Yes, I like that one. The Irish guaranteed deposits to draw capital from the rest of the EU. The A.A. elites attacked the Euro to save the dollar. There are numerous other examples.
Possibly, there IS cooperation at the CB level. At the banker level, it's every man for himself. Soros squeezed $ 1 billion out of GB. Someone else just made a $ billion or so shorting U.S. debt just before the credit downgrade.
The CBs cooperated in trying to abolish the veneration of gold. It worked for a while. After Brown's bottom, they threw in the towel.

Look at it from a different perspective. The bankers looked down on all that dirty-work; productivity,,, bricks and mortar. The real money was in financial dealings. The blockheads knew finance but didn't have a clue as to history;
Click to view link
Financialization is a bust.
They belatedly discovered that productivity is a distasteful but, NECESSARY endeavor.
Ah, but it was TOO late. To take advantage of global-wage-arbitrage, they had shipped out all the jobs. Market-share in manufacturing was gone. China has over 800 million in the workforce. In a deluded attempt to regain market-share, they trashed the dollar.

The Swiss trashed the franc,, the Japanese trashed the Yen, ETC, ETC. Showing once again that they didn't have a clue, the CBs printed to hold or regain market share in manufacturing. Did they actually believe that they could undercut the labor market of China? Did they think that they could get around the Chinese dollar peg?

Did the CBs not understand that runaway currency inflation would bring price inflation?
Did history not teach them that wage suppression and price inflation destroys consumption? Suppose that the West drives it's producers down to a wage that is par with the BRICs? Who will they sell to?

Not to worry, GOV is on the job. The consumer has no buying power,,, no problem. GOV will do all the buying. The banks were OK with this. Keynes, et al believed that GOV has UNLIMITED good credit. This belief is starting to erode.
Click to view link

Furthermore, the banks are not looking solvent.
Click to view link

The experts from GOV are hard at work,,, trying to solve a demand-side problem with supply-side solutions. There are 2 billion people in the world who are willing to work for survival wages. They were thrown into the global labor market by the perfection of containerized shipping. Western capitalists welcomed them with trade agreements. That "giant sucking sound" is all the money being sucked out of the pockets of the Western consumer.
But wait, that Western [no longer] consumer is the person who has to pay for interest and principle on all those bonds and investments held by the uber-capitalists. The mesmerizing attraction of global wage arbitrage blinded the bankers to the fact that slave-laborers don't consume very much or pay taxes.

GOV currently pays $ 10 billion a week for debt service and borrows $ 4 billion a day. The $ 400 billion rise in the debt ceiling will last about 100 days. Obummer needs a lot more than 100 days to get re-elected.
America is working diligently to destroy the Euro and be the beneficiary of any flight-to-safety. At the moment, it's working quite well.
I don't see a lot of cooperation on a global currency. It may eventually get down to a BIS--IMF war.

Great editorial. I wrote this article a number of days ago about the monetary system.
see link below:
Click to view link

Bloomberg's pretty much the laugh riot as indicated by one of today's headlines:

"Gold Falls Most in 7 Weeks on Stocks, Margins"
Click to view link

"Gold falls after CME margin hike" ranks as a popular meme to pitch the notion that the CME can control the price of gold.

An apparent bias that favors the proletariat over the plutocracy offers one plausible reason for the Anglo-American PE to crush Germany in two separate world wars.

"Globalization and Unemployment - The Downside of Integrating Markets - Michael Spence

... Germany, for one, has managed to retain its advanced manufacturing activities in industrial machinery by removing rigidities in the labor market and making a conscious effort to privilege employment over rapid rises in incomes. Wages may have increased only modestly in Germany over the past decade, but income inequality is markedly flatter there than in the United States, where it is higher than in most other industrial countries and rising steadily. ... "

Click to view link

The inevitable "Global problem needs a global solution" comes floating by. No one bats an eye. Making the case that the solution is smaller more responsive government will never gain traction in time to stop this train. Unfortunatly, insurection is the only way to reset the system and the outcome from that would most likely be devistating and totalitarian.
Oh well, back to the garden.

Can someone tell me why the American Federal Reserve Bank offers interest on the deposits from its member banks? The American government has flooded the market with $2.7 trillion in fiat dollars and velocity of money has tanked as has the money multiplier. US bankers have stashed $1.7 trillion of this "stimulus" money with the Fed for the interest payments rather than circulate through the economies lending channels. Member banks borrow from the Fed at zero interest rates and park the loan back at the Fed for a 2 risk-free loan. That's one incentive. But there was a time when the Fed did not offer interest on its loans to its member banks. Why doesn't America go back to not offering interest on its loans so that the member banks start circulating the money?

@ Radioflyer: "Don't you realize that it was the world's misplaced faith in the commodities of gold and silver that gave these international bankers control of the money supply in the first place? ...Don't forget, it was the banker's original fraud which was eventually legitimized under the banner of "Fractional Reserve Lending" that started it all. Don't you realize that they still have most of the gold and are making all the rules? They would like nothing more than a new gold standard..."

Yes, to some extent you are correct about a simple gold standard not being the right solution... because the central bankers could corner it & manipulate it. But our Founding Fathers, I think, wisely chose a dual gold/silver standard. The central bankers can't "corner" BOTH gold & silver! But rather than a dual gold/silver standard, perhaps we would be best to just let "The People" decide what they want to use as money & only have the government make sure that "weights & measurement" uniform standards are enforced. I simply don't trust paper money backed by nothing, whose supply is to be controlled by politicians or bankers.

DB is accurately calling this move to a BIS driven global currency (the BIScuit?) to replace the US dollar. But I can't quite seem to grasp the logic behind your continued love affair with a gold or silver backed currency.

Don't you realize that it was the world's misplaced faith in the commodities of gold and silver that gave these international bankers control of the money supply in the first place? I encourage you to revisit the history of money again (I recommend Zarlenga's "The Lost Science of Money). Don't forget, it was the banker's original fraud which was eventually legitimized under the banner of "Fractional Reserve Lending" that started it all. Don't you realize that they still have most of the gold and are making all the rules? They would like nothing more than a new gold standard with gold driven to 5K an ounce (I will never be able to afford another gold cap for my old teeth at that rate).

No, I firmly believe the "Brownians" have it right - State issued fiat currency as opposed to the present system of unlimited private bank credit/debt. Sure, like Mr. Greenspan says, there is no limit to the US credit limit (we can always print more), but remember, bank issued credit comes with a corresponding debt that can never be paid.

We need more real scientist/economists of the likes of Alais and Soddy. Money isn't wealth - its just a means of keeping score.

Central bankers serve to cover up countries in debt traps and the politicians behind it. The only way out I see in a return to a form of gold standard, or the big trade surplus countries of the world (OPEC, China and Asia in general) to create a new reserve currency

"will the puppets/experts running the world's central banks - and Money Power standing behind them - be able to pull off this global manipulation?"

Probably,,, either way there will be total chaotic hell as these fascist governments are not going to go 'into the night' peaceably.

"The fiat money instruments themselves - dollars, euros, yen, etc. - ARE THE PROBLEM."

Yes, and all the corrupt central banking cartels that print them up out of thin air & manipulate them! For a while, the Central Banking cartels maintain an illusion of paper currency having some value, but as things deteriorate, there is, in fact, a "race to zero" value as declining values in one currency gives an export pricing advantage to one country, which the other countries don't like, so they in turn also implement more policies to also forcibly lower the values of all other currencies so the ratio of currency values relative to each other stays, more or less, the same. Yes, the relative values of the currencies might stay the same, but their purchasing power all approach zero fast: 1 loaf of bread is first $1, then $2, then $5, then $10, then $25, etc. Everyone who has worked hard to save money or is on a fixed income rapidly becomes poor. That wealth is shifted to the bankers & power elite who are the first ones to spend the newly printed dollars before inflation hits everyone else. This is "legalized theft", which most middle class workers don't see and so they don't protest... after all, aren't the Central Bankers looking out for the best interests of the country & taxpayers? NO!! ONLY THEIR OWN SELF INTEREST!!

This system is bound to collapse, but what to replace it with? "The Daily Bell" is warning us of what kind of "order" might emerge out of the "chaos" from a system collapse: more of the same but on a bigger scale with a One World Order & One World Currency? Or something else?

We are most likely living in the days to witness the system's collapse. For those with purchasing power left, buying silver & gold is probably the safest bet to keep up your purchasing power as the system collapses.

But the question remains: What will the majority of voters want to replace the collapsed system with? More of the same on a grander scale, or something else?

I'm hoping for a return to small, limited, Constitutional government, with no central bank, sound money (gold/silver), balanced budget, low taxes & self reliance/free enterprise rather than socialism. That might be too much to hope for with todays's government educated voters.

Okay, you guys!!! Who gave this less than a 5??? LOL

I've got to get going--travel day so i won't be around here much.

Gonna miss it!

The impossibly wealthy familes who desire one-world governance will stop at nothing -

To be so rich they did at least 100 wars and revolutions, therefore there is not any reason to say they will stop. Not any reason !

DB quote: you believe that there are sweaty-browed experts working around the clock to fix the situation. So what magic tools do they have? What are the experts doing about this financial mess?

May I ask you something : There is not their expertise and genius hard working experts that heve done such a mess! !??
Therefore I ask too, it is responsible to let those experts and expertise free and unpunishd.
There is only one remedy: Hard 100 years Prison ! Wihtout appeal possibility !

Reply from The Daily Bell

Did you read the article? We were sarcastically describing what mainstream media would like you to believe... NOT what we think.

What we wrote:

It is only the confidence of the public that enables the continuous printing of unrestrained fiat currencies – which combine to provide the base of an international Ponzi scheme. But something's happening around the world that the money masters didn't plan on. People are waking up.

But you wouldn't know it by reading articles like this one, excerpted above. No, Bloomberg, a mainstream media outlet to be sure, would rather you believe that there are sweaty-browed experts working around the clock to fix the situation. So what magic tools do they have? What are the experts doing about this financial mess?

Maybe there are "no magic monetary tools hidden in the basement of the Federal Reserve, the Bank of England, or any of the others that can fix the global monetary crises" but the Bank of England totally repudiated its obligations on September 20, 1931. The Pound lost some 30% of its value in a single day & riots & looting soon followed...

Yet last I looked, 80 years later, the Pound is still 'money'. It is nothing if not tenacious.

Devaluing all those coupons simply means we will work longer and harder for the things we need, like food and energy. Not exactly a sign of weakness of the masters.

When we stop chasing after their coupons, then they will get real worried.