Showing posts with label Modern Money Mechanics. Show all posts
Showing posts with label Modern Money Mechanics. Show all posts

Saturday, August 23, 2025

The Game of Chess, and the Masters of the Board | The Honorable One

Chess can show you how the world is run, who is really in power, and how to break it. There are six types of people who run the modern world. First you need to understand who is at the bottom.
 
 » Someday, someone will return and flip the board. « 
 
Number one, the pawns—the masses. They follow orders, pay taxes, are predictable, and get sacrificed in each game. Without them, there is no game, no power, no state, no Suki system. They are the majority in every game, the foundation of all power, and yet they are too weak to realize it. 

Number two, the rooks—the 20% who do 80% of the work: long hours, efficient, diligent, straight shooters. They are like machines. But they get stuck when routines change, they are not flexible enough, and they are useless on their own. They need number three:

 
» Everyone is afraid of the queen. «  

The knights. For a long time they just sit. Then they leap over walls, surprising everyone. Their paths and creativity are unpredictable. They connect dots no one else connects. They are ahead of the curve and unplug first. They walk into uncharted terrain. But one wrong step, and they fall. 
 
Knights need number four by their side: A good bishop to protect them. He is a quiet planner, the one who can wait. He is patient and prepared with a plan to strike months or years from now. But bishops are nothing compared to number five:

» It's their game. « 
 
The queen can strike anytime, anywhere, in all directions. Everyone is afraid of the queen. Who are the queens of this world? Central Bankers, those who run the Suki agencies, the military—those who can take out anyone anytime anywhere. The rules and laws of pawns, knights, and bishops do not apply to them. 
 
» Families that cannot be named. « 

So why is number six, the king, in power, and not the queen? The king takes small steps in the back rows, unnoticed. Nobody fears him. He holds power through legacy. Queens wield power for decades; kings and their families hold it for centuries. Who are the kings of today's world? The families that cannot be named. They have trillions but don’t appear on Forbes lists. Money does not matter to them—they print it. Everyone plays chess, but they are the ones who provide the board. They decide how many fields the board has and how long the game will be played. 
 
» We are the oil in your dressing, the flour in your bread, the meat on your dinner table. «  
A largely unknown American family dynasty of 14 billionaires traces its fortune to William Wallace Cargill in 1865. The Cargill-MacMillan family business, Cargill Inc., became one of the world's largest private companies. With revenues of $177 billion, it controls 22% of US beef production, and its low public visibility stems from its dominance in the food supply chain, where it and three other firms handle 70–90% of the global grain trade.
 
It's their game, and it is hard to exit. But there is a way: You only win if you don't play. You stop paying, you stop playing. All the game is run by money—consumption, production, access, bureaucracy, taxes. If you stop the money flow, the game stops. Someday, someone who has stopped playing and walked away from the game will return and flip the board: Game over for all the kings and all their Suki helpers. Honor will come.
 
 

 “Suki,” Russian prison slang for traitors and bitches (сука/суки), denotes globalist elites, corporations, and establishment figures—who embody hypocrisy, manipulation, and betrayal. They uphold the “Suki system,” the oppressive order of financial dependency, surveillance, digital control, censorship, and cultural erosion. “The Grim” is the The Honorable One, and the adversary of the Suki. He stands  for growth, reliability, integrity, independence, incorruptibility. He rejects victimhood, consumerism, culture of comfort, indulgence, entitlement, materialism, and resists the Suki system mentally, emotionally, financially and spiritually.
 

See also:
 
了解你的敌人
Know your Enemies.
 

Sunday, August 10, 2025

Money Creation—Banking’s Best-Kept Secret | Richard A. Werner

In an era when gold was money, people believed it was essential for transactions. But carrying gold was perilous—dangerous even today in cities like London, let alone in the 15th-17th centuries amid bandits on lawless roads. So, people sought safe storage. Professions handling gold, like goldsmiths crafting jewelry for kings, aristocrats, and the wealthy, had secure vaults and private guards. Naturally, individuals deposited their gold with these goldsmiths for safekeeping.
 
» We don't need to lend actual gold. «
"The Moneychanger and His Wife", painted by Quinten Matsijs, 1514.
 
To prove ownership, depositors received receipts—crucial evidence in case the goldsmith died and his son denied the claim. Goldsmiths charged a fee for this service, which seemed fair. Now, imagine we’re neighbors in Hampshire. I’m buying a plot of land from you, and we agree on a price in gold. My gold’s stored with a goldsmith in London. “I’ll go fetch it,” I say. You reply, “What’ll you do with it? You’ll risk your life fetching it, and then I’ll have to risk mine carrying it back.” We pause, then realize, “We might as well leave it there, and I’ll give you my deposit receipt.” Thus, these receipts for deposited gold evolved into Europe's first paper money—gold certificates, transferable and convenient.
 
Goldsmiths soon noticed that depositors rarely withdrew their gold; it stayed put, which was handy. This led to secrecy-shrouded practices. People knew goldsmiths held gold reserves, so they approached them for loans when in need. But until about 350 years ago, lending at interest was illegal in most European countries, forbidden by Christian doctrine and Biblical prohibitions against usury. A goldsmith might whisper, "Maybe I can lend, but keep it secret because I'll charge interest." The borrower agrees: "I'll pay, and we'll keep it secret." Goldsmiths began lending out portions of the deposited gold—especially standardized bullion—while swearing everyone to secrecy to evade arrest for illegal interest.
Shylock in The Merchant of Venice, Act IV, Scene I, by William Shakespeare, 1596.
 
As guilds do, goldsmiths convened to discuss trade secrets: “How do we handle lending too much gold? We need to work together—if one runs short, the others help, or else the whole scheme unravels, and we all get arrested for interest altogether.” One innovative goldsmith proposed, "I've got an idea—we don't need to lend actual gold. The next guy who comes begging every Monday—I've turned him down before. But now I'll lend to him to show you."
 
»
 All banks have always created money out of nothing. 
That's the secret of banking. «
 
The borrower arrives, pleading. The goldsmith says, “Today I’ll lend. Standard contract: small print, interest, your daughters sold into slavery if not repaid.” “Fine,” the borrower consents. “One more thing: 300 grams of gold. Sign here, I sign, and I lend it—but you must deposit it with me immediately.” The borrower protests, “I need the gold.” “You get the deposit receipt,” replies the goldsmith. “Yes, that’s all I need.” With the loan contract signed, the goldsmith records it as an asset on his balance sheet. He hands over the 300 grams of gold momentarily—now you see it, now you don’t—and it’s redeposited. The borrower leaves with a receipt for a new deposit.
 
» 
Banking has not been very well understood: legally, a "deposit"
is a loan to the bank, now owned by the bank, not the depositor. «
 
Double-entry accounting, invented for banking to obscure such maneuvers, made it appear legitimate: “All correct; the borrower deposited.” But it is fraudulent—the borrower enters with no gold and leaves with a document claiming a deposit, without increasing the goldsmith’s actual reserves. This is the essence of modern banking: fractional reserve lending and money creation out of thin air, born from these historical practices.
 
Reference:
 
» Today, due to the institutionalisation of interest and the advent of digital money, roughly 97 percent of modern money comes into existence as interest-bearing debt—i.e., it “comes into being only when someone promises to pay back even more of it.” «
Yusuf Jha, 2013.
 
See also: 

Saturday, August 9, 2025

"Satoshi Nakamoto" and the Origin of Bitcoin | Richard A. Werner

The chain of events that led central banks and major financial institutions to get involved with blockchain-based digital currencies really started with the introduction of Bitcoin on January 3, 2009. Even before Bitcoin’s white paper appeared on October 31, 2008, the NSA—a sister organization to the CIA—had already published various white papers on related topics.
 
»
 
They like to drop hints. «

When Bitcoin emerged, some mainstream organizations surprisingly promoted it early on. Outlets like the Financial Times, Reuters, and Bloomberg—sources that provide financial quotes—were already including Bitcoin prices and running major articles about it, even when Bitcoin was still tiny, fringe, and virtually unknown. Over time, the coverage increased. Large banks such as JP Morgan began announcing partnerships with people involved in Bitcoin or similar electronic, distributed-ledger, blockchain-related currencies. Then central banks joined in, saying, “We have to get in on this.” Bitcoin ended up serving as an excuse for central banks to claim there was market demand for such technology. Christine Lagarde even said this is why we need to consider introducing central bank digital currencies (CBDCs)—because “we have to offer something.”

»
 
We have to get in on this. «
 
The origins of Bitcoin remain a black box—nobody really knows. They do give hints, though. Having lived in Japan for 12 years, I was curious about Bitcoin’s supposed founder—this legendary, possibly fictional figure—named Satoshi Nakamoto. People speculated about who it might be, but no one could confirm an actual person by that name. Still, it’s clearly a Japanese name. Let’s look at it as a Japanese name, where the family name comes first: Nakamoto Satoshi. 
 
 Written in Japanese, Nakamoto is 中本. The first character, (Naka), means “middle,” “center,” or “inside,” and is also part of the name for China, the “Central Kingdom.” The second character, (Moto), means “origin,” “source,” or “root,” and is used in the Japanese name for Japan. Together, 中本 (Nakamoto) can be interpreted as “central origin” or “center source.”
 The name Satoshi (さとし) can be written with various kanji, such as or 悟司. The character means “wisdom” or “intelligence” in both Chinese (pronounced zhì) and Japanese (satoshi). In Japanese, two kanji are sometimes combined to deepen a concept—for example, 聡智 (sōchi) means “cleverness and wisdom,” where means “intelligent” or “clear-hearing,” paired with for “wisdom.” 
 
In the context of Nakamoto Satoshi, this combination could be interpreted as “very central” or “Central Intelligence.” If you understand Japanese writing, it’s not hard to see. I also think intelligence agencies sometimes like to drop hints—because even though they operate in secret, they still like to be talked about.

 
See also: 

Saturday, February 1, 2025

Trump and Stockholm Syndrome: In a Captured State | Steve Brown

The current reverence for Donald Trump as potential savior of the Western world is like a twisted version of Stockholm Syndrome. The Biden regime was so vile and so corrupt, that the manifestation of Trump (since his election) seems like a life raft thrown to a drowning person. In other words, the US situation is so hopeless that any sort of hope from anywhere must look good to the average US American now.
 
Trump is, of course, beholden to his donor class. It is a donor class where unsavory ‘trillionaires’ like Zuckerberg, Bezos, and their Wall Street moguls (including the banks) have ‘switched sides’ to back the Trump regime. And well, that is the mantle of power. Trump’s backers preside over war, mayhem, and death all over the globe with glee – just as Biden’s did. The only question for elites now – whether Democrat or Republican – is  how affordable this ongoing destruction may be.
 
The great debacle for the former United States is that its political leadership has failed — meaning both parties — and the Wall Street model of leveraged graft, theft, corruption, and greed has eventually devolved into a Western financial system built on bullshit and fake industry — which Pepe Escobar calls ‘casino capitalism.’ That devolution has now become apparent to the entire world. Trump has drawn a veil over donor influence by promoting a populist message of ending the ‘forever wars’ that the US engages in. But ending forever wars is not a goal that the entrenched Military-Industrial Complex (MIC) can allow, even if that is the will of the American people.

 » MAGA in itself is an admission that the US has already failed. «

Thus, Trump has used the immigration issue as cover too, to obfuscate a deeper agenda. That agenda includes confrontation with China, assistance to the Greater Israel project, and accepting advice to leverage crypto as a means to support the lagging primacy of the US dollar. The foregoing agenda will be enforced later during his regime after the dust has settled.

The point is, Trump promised to “make America great again” — which in itself is an admission that the US has already failed and is playing catch-up. China’s success in AI with Deep Seek is just one example. Bottom line, where US America was once about its industry and the ingenuity of its people, due to the criminality of Wall Street and its banks, that dynamic is gone. Ironically, all that remains of US success (as a unipolar hegemon) is the primacy of the US dollar.
 
 And the swamp? Still thriving.

US financial markets, including debt instruments, are still the most secure and reliable stash for trillions of US-manufactured Federal Reserve Notes to go. Of course, when those dollar investment vehicles become ignored by the rest of the world, that becomes an issue, and that process is underway. Meanwhile, I stand by my article from 2019, "Trump’s Limited Hangout: Populism Derailed."

 

While the above may seem a bleak message for the West, the bottom line is that the United States has been on the wrong side of history since the end of the Second World War. Only the redeeming asset of the US dollar and Western financial markets have maintained US primacy over these decades.

The hopeful message is that, as the US dollar erodes and eventually US financial markets crash, the Neocons and satanic creatures who have led US foreign policy for eighty years now will finally erode away as well—or at least be marginalized—and that's via their own historic folly, personal excess, and greed.

 
 

Sunday, November 10, 2024

The Illusion of Control: The Fed's Quiet Coup d'État | Gerry Nolan

As Mike Lee states, the Executive Branch was meant to be under the President’s executive branch and direction. And yet, the Fed remains the ultimate untouchable, a fortress of financial power immune to democratic oversight or any real accountability. Let’s face it: The Fed is not about serving the people; it’s the nerve center of a Ponzi scheme so vast that it makes Wall Street look like pocket change.

 » The Federal Reserve isn’t a public service, it’s the vault where the
sovereignty of the American people was locked away a century ago. «

For over a century, the Fed has held the American economy in a chokehold, dictating monetary policy in ways that serve the banking elites and global financiers, while keeping citizens in perpetual debt-enslavement. It’s not a “politically independent institution” as they like to spin it - it’s a profit machine, designed to siphon wealth upwards and keep the masses at bay with breadcrumbs of credit and endless inflation.

 » The Fed is a profit machine, designed to siphon wealth upwards and keep
 the masses at bay with breadcrumbs of credit and endless inflation. «

The Fed controls interest rates, injects trillions into the economy at will, and manipulates the currency supply, all without a single vote from the American people. True sovereignty would mean a government with control over its own currency, accountable to its citizens, not be held to private bankers. But ending the Fed? That would mean dismantling the very backbone of U.S. financial imperialism, a move that would bring about sovereign economic control, yet will never happen under the current system of oligarchic “democracy.”

The real question isn’t whether Trump (or any president) could rein in the Fed; it’s whether the American people will ever realize that the Federal Reserve isn’t a public service, it’s the vault where their own sovereignty was locked away a century ago.

The Fed's Ponzi machine may be untouchable, but the illusion of freedom is slipping. How long until the curtain falls?

Quoted from:

Tuesday, May 21, 2024

US Debt is now rising by $1 Trillion every 100 Days | Paul Craig Roberts

The US debt has never mattered, because the US dollar is the world reserve currency. That means US debt is the reserves of the world’s central banks. If US debt rises, so does the reserves of the world banking system. All central banks were delighted to accumulate more US Treasury debt as it meant the reserves of their banking system went up.

» The morons who comprise the Biden regime are scaring central banks away from the dollar. «
 
The Federal Reserve can always redeem US Treasury debt by creating money with which to buy it. The debt is always redeemable because it is denominated in dollars. The problem arrives when the dollar is deserted as world reserve currency. The morons who comprise the Biden regime are scaring central banks away from the dollar as their reserves because of sanctions against Russia, Iran, China, Venezuela, and others. The slow mental processes of central banks are beginning to understand that having your reserves in US Treasury dollar debt means they can be frozen, seized, denied to your use if you cross Washington.

Fun Fact : The current Chair of the Federal Reserve Jerome Hayden 'Jay' Powell is NOT Jewish.

The threat to Washington is, whereas the Fed can print dollars to redeem the debt, the Fed cannot print foreign currencies to redeem the US dollar. So, if central banks shift their reserves out of dollars into gold, as Russia and China are doing, or into other currencies, the supply of dollars in foreign exchange markets have fewer and fewer takers. Consequently the dollar loses its value relative to gold, silver, and rising currencies, and the dollar’s value falls in foreign exchange markets. As America’s manufacturing is offshored and as America relies on imports of food, US inflation rises. Historically, the Fed’s response to inflation has been unemployment.

 
♫ Nowhere to hide nowhere to go meet Saint Jerome the Wrecking Ball
 
The Federal Reserve and the institutions used to suppress gold and silver prices use naked shorts to control the price by dumping shorts into the futures market. In other words, contracts unsupported by actual gold holdings can be used to increase the paper supply of gold in futures markets. As the futures market settles in cash, not in gold deliveries, a flood of paper contracts unsupported by actual physical gold can be used to suppress the price. In other words, the supply of paper gold can be printed just like the Fed can print paper money. [...] This price control process fails when the demand for gold exceeds the physical supply at the suppressed price. We have recently witnessed a new outbreak in the gold price. Is this a sign that the controlled price can no longer hold against the demand for physical gold, or is there some other explanation?

» America is likely living her last years. Perhaps this is why Putin and Xi don’t bother to dispose of us. «

As the fools ruling the US continue their destruction of the country, the dollar and living standards will die with the country. America is likely living her last years. Perhaps this is why Putin and Xi don’t bother to dispose of us.
 
 
See also:
 
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