First I must state that I like Ann Barnhardt albeit in small doses. She comes across through her writings as a very angry person. Her anger comes out and in my opinion takes away from what she is writing about.
Now with that preface written I think that Barnhardt is VERY intelligent, and if you can get past the emotion she has a lot of good things to say/write. Here is an article talking to the "
Sign of the Devil" or as we are slowly learning about negative interest rates and a move to a cashless society.
Because many of you surf the UP on your smart phones, I have copied & posted the article in full below.
Here is the link to her page too.
The Mark of The Beast Explained: MV = PQ, With Totalitarian Control of V(elocity)
And he shall make all, both little and great, rich and poor, freemen and bondmen, to have a character in their right hand, or on their foreheads. And that no man might buy or sell, but he that hath the character, or the name of the beast, or the number of his name.
Revelation 13: 16-17
I think this may be the most important economics piece I ever write. This came to me at Mass as I was thinking about Monetary Theory and how to explain to folks why it is that we have not had Weimar Republic/Zimbabwe-like hyperinflation given the massive, unprecedented money and debt creation by the Washington D.C. and European banker-oligarch regimes over the past decade. The realization made me gasp audibly.
First, the question. Why HASN’T there been hyperinflation? Why ISN’T a loaf of bread $100,000 by now?
The answer, which I did know, even from my ridiculously bad college days of Keynesian drivel, is because the VELOCITY of money is very, very low.
INFLATION is defined by the equation MV = PQ. Now stay with me, because this is actually really easy to understand.
The M stands for Money – the Money Supply, which includes both money (both physical paper currency and zeroes and ones of computer servers) AS WELL AS CREDIT, because in today’s world credit is also just zeroes and ones on computer servers. If you have access to credit, say a credit card, you can go out and purchase goods and services, no? Well, that’s money too. So “M” is all money plus credit.
The V stands for Velocity. The Velocity of Money is the number of times a given dollar turns over in a given period of time. When Velocity is high, consumers are putting their money out into the economy – spending it. Dollars don’t sit stagnant in bank accounts or under the mattress when Velocity is high.
The P stands for Price and is self-explanatory – the price of goods and services.
The Q stands for Quantity – how many goods and services are produced.
This is an equation, and thus it must ALWAYS, ALWAYS BALANCE. This is mathematical reality. To deny it is to deny the very metaphysical foundations of the universe. But, in today’s sick, depraved world, people have been contra-educated and indoctrinated to believe that even the laws of mathematics are non-rigid and malleable according to the whims of man. But mathematics is a subset of reality, and reality is God, so to cross math is to spit at God Himself. And God will not be mocked. Math always wins.
Here is how it works. Let’s use Weimar Germany. In the early 1920’s, inflation was so bad in Germany that it was quoted not as percent PER YEAR, but percent PER HOUR. People would be paid in Marks, and then literally run as fast as they could to the market square and buy tangibles such as bread and potatoes as fast as they could, because prices were rising literally from minute-to-minute. To delay in spending Marks was to have your wealth dissipate into nothing before your very eyes. There is a sad-yet-hilarious anecdote about Weimar Germany in which a man literally had to haul his wages to market in a wheelbarrow (because so many Marks were needed to make even the smallest purchase). The man stopped at a shop and went inside to make his purchase, leaving his wheelbarrow of money outside because it wouldn’t fit through the door. When he came back out, all of the money was still there, in a pile upon the ground… but the wheelbarrow was gone.
Then, each merchant, upon making a sale, would immediately hand the money off to an associate or family member, who would then instantly go buy bread, potatoes, and any other cash commodities in a desperate bid to keep as much buying power as possible, and so on and so on like a game of hot potato, except with money.
So, if you have people desperately buying cash commodities, what does that frantic increase in demand do to prices? Sure. It bids them up. That is why prices increased literally by the hour or even minute.
NOW, add onto that the fact that the Weimar Republic, in an effort to keep the peace and pay reparations imposed upon it by the Treaty of Versailles for World War I even though Germany was broke, was printing more Marks and using the massively devalued Marks to buy foreign currency.
LOOK AT THE EQUATION ABOVE. MV = PQ. We have just said that Germany was printing money like crazy, thus making M bigger and bigger. People are also spending, or turning over, their Marks as fast as possible, which means that V, the Velocity, was through the roof. If both of the terms on the left side of the equals sign are increasing, what MUST the terms on the right side of the equals sign do in order to balance the equation?- and the equation MUST, MUST, MUST and WILL, WILL, WILL balance. Because REALITY.
Yes, the Price and Quantity must and will increase – but there is only so much wheat with which to make bread flour, and there are only so many ‘taters in Germany, Precious, so between P and Q, who gets the brunt of the force? Yep. PRICE.
Okay. So now we understand MV = PQ. MV = PQ describes inflation in a given economy.
So, we know that today the Bankster Oligarch regime in Washington and Europe has massively increased M – because the Central Banks just keep creating trillions and trillions of debt units called “dollars” and “euros” in order to enrich the oligarchy and to keep the unwashed masses from killing all of them in their beds by bribing them with government transfer payments – WELFARE. So, what MUST NOT be happening? Right. Velocity must NOT be increasing. In fact, it must be decreasing relative to M in order to keep prices from shooting through the roof.
And yes, that is EXACTLY the case. The Central Bankster Oligarchs are indeed printing trillions upon trillions of dollars and euros, but most of it goes onto the balance sheets of megabanks and other massive financial institutions such as pension funds, money market funds, insurance companies and brokerage houses in the form of Treasury bonds and bills, which are then used to trade the much riskier and much higher yielding repurchase agreements and credit default swaps, at a relatively slow turnover rate. So this massive component of the Money Supply, M, only reaches the economy in a very glancing, tangential way. It pretty much stays in the derivatives market, enriching only the tiniest handful of oligarchs – but bear in mind that every dollar and every euro created out of thin air is a debt instrument leveraging the future labor, production and man hours of the HUMAN BEINGS that make up the populace behind the Central Bank. In the case of the Federal Reserve, the people of the former United States are the backing collateral. In the case of the European Central Bank it is the people of the Eurozone. And given the amount of debt these criminal rackets have racked up, it isn’t just the people alive and working today – it is now multiple generations into the future that have had their very lives levered in this looting scheme by the oligarch class.
Do you remember my essay about how WE ARE THE GOLD – we the people, our lives and our capacity to labor, produce and create through time is the “commodity” that truly backs ALL MONEY? I also covered this in my Economics Presentation video.
Now, let’s tie this diabolical mess all together and go back to the Velocity. The Oligarchy likes things just the way they are now. They are enriching themselves by leveraging/enslaving human life out into the future with seemingly no end or horizon in sight. All they have to do in order to keep from being killed in their beds, or arrested, tried, and executed, is to keep INFLATION, which is what the MV = PQ equation is describing, from going parabolic and thus fomenting mass civil unrest and a war which would surely mean the death of the Bankster Oligarchs.
Now, they know that they have themselves painted into a corner so tight that they can no longer move, and that the economy, mathematically, is already guaranteed to implode. What they are trying to do is drag the whole thing out such that they are dead before the implosion happens, having lived the rest of their lives in total material decadence, and thus never have to face any earthly consequences for what they have done. EARTHLY consequences.
Interest rates were taken to zero immediately upon the usurpation of the Washington D.C. regime by Obama (which means the Bankster Oligarchs behind Barry and Valerie and the whole incestuous crew in Washington). NOW, they are so desperate to “stimulate” in order to keep the plebs calm and the gravytrain rolling that they have taken interest rates NEGATIVE. Yep. That’s right. If you have money in a deposit account with a bank, not only do you get no interest (time value) on your money deposited, you actually have less of the principal amount at the end of every month than the beginning. So, this is the Oligarchy trying to COERCE people into spending (increasing Velocity), which they then hope will manifest by a relatively small increase in Prices but mostly by an increase in Q – the quantity of goods and services produced.
But wait. As we discussed not long ago, why would people keep their money in a bank if the bank took a bite out of the principal every month?
The short answer is because cash is soon going to be phased out and made illegal, thus FORCING people to engage in the economic behavior that the Bankster Oligarchs want – and ONLY that behavior. They want nothing less than total economic control, and cash simply makes that impossible. They want to control your income, your spending, and even what you spend your money on. Not enough Velocity? Okay. Push those interest rates negative. Do you think a monthly confiscation of 10% of your balance might incentivize you to spend? Use it or lose it, baby! Too much Velocity? – and believe me, that day WILL come, they’ll be ready for that too with micro-level capital controls. Nope. No new clothes or electronics for you. And you just bought food four days ago. You don’t need any more.
In a cashless environment where all money and all transactions are electronic, the state can dictate HOW MUCH you can spend, and WHAT YOU CAN SPEND IT ON. Oh, yes. They fully intend to keep printing Money – the lion’s share of which winds up in their pockets – by CONTROLLING VELOCITY, WHICH MEANS CONTROLLING ALL SPENDING BY FORCE. You can panic all you want, but you will only be permitted to spend X dollars per day, or to buy ONE package of toilet paper per week, or 15 gallons of gas per week, or use 300 kilowatt hours of electricity per month. There will be no Venezuela-type runs on grocery stores here – how 20th century! No, no. This will be… different. All government-released economic statistics will be very, very pretty, I’m sure.
The Mark of The Beast from Revelation 13 is real and it is coming – a biometric something-or-other that will be required to buy or sell, to send or receive money in any context. No more paper currency. Only zeroes and ones, fully controllable, perpetually surveilled, with all transactions dictated by or subject to approval by the Oligarchy. In other words, no more private property. Only an endless cycle of stimulation and punishment in order to control Velocity in order to enable continued “money printing” to feed the insatiable, gaping maw of the Bankster Oligarch class. Oh, and don’t forget the forced support of baby killing, islam and sodomy, with tithing and almsgiving to “unapproved” groups blocked. And here is where we delve into the supernatural.
We have already established that money itself is a fungible proxy for man’s capacity to labor, produce and create through time. Let’s call that MAN’S EXISTENCE. We are created by God, and we exist through time. We can labor, produce and create and be paid MONEY for our labor or production in time. When we save money, we are saving up weeks, months and years of our life. When we spend money, we are exchanging periods of time in our life for goods and services that we need (such as food, clothing and shelter) or want (like everything else). When we give money away in an act of charity, we are giving someone else a piece of our very life. (That last one keeps me, reduced to being a well-dressed beggar, up at night folks, and don’t ever doubt it.)
Do you realize what VELOCITY is?
VELOCITY OF MONEY is nothing less than a manifestation man’s God-given FREE WILL. Velocity is a manifestation of man’s freedom to choose what he does with the fruits of his labor and creativity – his very existence through time. Does he spend? Does he save? Does he invest? Does he tithe or give alms? Velocity speaks to the dignity of man in the sense that God created man with free will, and thus able to love – and even though we are talking about Monetary Theory, when you drill down on these concepts, where you always, always end up is at LOVE. Do you love, or are you a Diabolical Narcissist (like the Bankster Oligarch Class and their Bureaucrat Toadies)? Do you love God? Do you love your neighbor as yourself because God loved us all first? Love is completely contingent upon free will. This freedom of will and corollary ability to love is one of the primary ways in which man is “created in the image and likeness of God”.
We are now, quietly and effeminately, entering into a supernatural totalitarianism never before seen. The objective is to convince man in his post-modern, post-Christian effeminacy, materialism and narcissism, that he is NOT free to choose, is a slave to the will of the Oligarchy, and thus capitulate to serving the Beast without putting up even the smallest fight. “But I had no choice – they took money out of my account and sent it PlannedParenthood, the Muslim Brotherhood and the ManBoy Love Association automatically. I had NO CHOICE….”
Satan, the father of all lies, and the father of all of this, hiding in the shadows, would like nothing more than to pummel all of humanity into believing that they are nothing more than chattel who can only submit to him and serve his cult like dumb animals, and certainly never achieve that which he himself can never, ever have: the Beatific Vision. Heaven. God.
And a main front of this attack, whether anyone acknowledges it or not, is the equation MV = PQ. So maybe we should spend less time watching the Trump-Clinton joint-produced and pre-scripted “reality show”, and a little bit more time being adults and, I dunno, maybe mounting some sort of concrete resistance in the real-life war that is raging all around us.
So then, brethren, we are not the children of the bondwoman, but of the free: by the freedom wherewith Christ has made us free. Stand fast, and be not held again under the yoke of bondage.
Galatians 4: 31, 5:1
