Jack Allis
THE HARMONY OF THE MIND, BODY & SPIRIT
& CREATING THE NEW PARADIGM
Personal Growth
& Awareness
Teacher

Listen to an
audio presentation
by Jack
Dialup will take
a few minutes

Subscribe to Jack's
Email List
Lean more here

Home

About Jack Allis

Personal Growth
by
Telephone/Internet

Creative Payment
Options
To Fit Any Budget

Jack's Mission

Books & Tapes -
Order Here

Workshops/
Public Speaking

Articles
by Jack Allis

Stratia
Audio Interviews

Alternative News
Featured Story
Plus Archives

Contact Jack

Links
Kindred Spirits

SiteMap

THE ILLUSION OF PROSPERITY

Who Benefits from this Madness?

By Jack Allis
February 2004

The financial system, the government, and the rubber-stamp media continue to send the American people the message that the economy is robust and growing. They cite the long-term stability of the stock market, the fact that many economic indicators are up, and that inflation continues to be practically zero. What they don't report is that this prosperity is an illusion because it is built on a massive foundation of debt, both public and private, which skews all these numbers. The American consumer and the government are spending money, but it is borrowed money. Sooner or later, the bills have to be paid, and if they aren't, this house of cards will topple. Clear signs of the shakiness of this edifice are evident, such as a steady decrease in the availability of jobs, a rate of national savings of practically zero, and the deterioration of the dollar.

With this in mind, a question must be posed: if this prosperity is an illusion, why is this happening? Who, if anybody, benefits from this? There are really only two possible answers. One is that it's all a result of miscalculation or ignorance. In other words, the economy is headed toward disaster because those in power don't have a proper understanding of economics. This is like saying that the economy is driven by forces beyond our control. For those of us who believe everything happens for a reason, this one is pretty far-fetched. The other is that there is a reason for this madness, but it is hidden behind the scenes of what we're told by the so-called mainstream experts. So, let's take a peak behind the curtain.

First, we must ask a fundamental question: who's running this show? In the world of high finance, where does the real power lie? The answer is exceedingly simple. Real power is in the hands of those who create money, and control the supply of that money. For the last several hundred years in the Western world, this has been the self-appointed duty of an alliance of the central banks and the central governments. In The United States, since the beginning of the 20th Century, this has been in the hands of the Federal Reserve Bank (the FED) and the Federal Government.

Understanding the relationship between the FED and the Federal Government is essential to understanding how money and economics really work. The general public is misled about the precise nature of this relationship, and this is by design. If the truth were known, people would demand the system be changed.
Everybody knows the Federal Government is trillions of dollars in debt, and that whenever it really needs money, like for a war, it always manages to "appropriate" it, as if by magic. What people don't know is where this money comes from, and to whom it's owed. It's the FED that loans these funds, as well as most of the funds for its daily operation, to the government, and the FED is more than happy to receive the billions of dollars per year in interest payments on this. Ultimately, it is the American taxpayer who pays this interest in the form of the income tax. Another very carefully guarded secret about the FED is that it is not actually part of the government. It is privately owned by a cartel of the world's largest banking interests. So, the relationship of the FED to the government is one of creditor to debtor, which answers our question: who's running the show. The big banks are. They own the government.

The next question that must be asked is: where does the FED get this money? The answer, at first, might seem outrageous, until we examine the facts. The FED creates this money out of nothing. The easiest way to explain this is by using a concept with which everybody is familiar. This is fractional reserve banking, a principle upon which the entire banking system operates. This means that banks have the capability to loan money that they don't have, a very neat trick. They do this in multiples of at least ten to the actual paper money they have in reserve. This is the same as creating money out of thin air. This money is nothing more than numbers printed on bank drafts or typed into computer screens. This money that doesn't exist is the fuel that is currently running our economy.

So, who benefits from this illusion of prosperity? The same folks who are running the show, the big banks. They also benefit, both in terms of profits and power, regardless of the state of the economy, boom or bust. In the current, credit-driven economy, the big banks profit from the interest payments on their astronomical loans and from the real property they appropriate when those loans cannot be repaid. When the bubble of the current monetary system pops, they are prepared to introduce a cashless, one-world currency, under the authority of a world bank, in which all transactions would require the use of a universal ID or debit card of some kind, or some other means of scanning, such as a bar code or microchip implant. Things are already moving rapidly in that direction.

Stratia Corporation is a producer of alternative educational programs. One of the primary focuses of this education is establishing the truth about how the world really works, and corroborating, beyond any reasonable doubt, the validity of what you are reading here. We realize this is shocking for most people, but we believe we are far better off knowing the truth than allowing ourselves to be manipulated to stay in the dark. Ultimately, the truth is our most important weapon in the struggle to create a better world, and it is the truth that will set us free.


Home

Jack's audio presentation | Subscribe to Jack's Email List | About Jack Allis | Personal Growth by Telephone/Internet
Creative Payment Options To Fit Any Budget | Jack's Mission | Books & Tapes | Workshops / Public Speaking
Articles by Jack Allis | Stratia Audio Interviews | Alternative News - Featured Story, Plus Archives | Contact Jack | Kindred Spirits
SiteMap