Sunday, 21 October 2012

**HISTORIC** IMF HEARS THE WHITE RABBIT! #OWS


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And so, after The White Hats broke cover earlier today ... we thought some 8 hours later, there must be SOME MSM COVERAGE by now (because we know they no lie, like The White Rabbit!) ....

Did we tell you, or did we tell you ... heh!!  The IMF no less; FAKE FIAT DARK CABAL MAGIK TRIX MONEY NO MOR!!!!!!!!!!!!!!!!!!

Of course if you ask a bunch of Statists what the solution is, they'll tell you State issued money (you know, money issued by the very crooks that got us into this mess).  If you ask Operation Occupy The Banks what the solution is, we'll tell you (as we have been all along), it's http://www.open-transactions.com ;)

"One could slash private debt by 100pc of GDP, boost growth, stabilize prices, and dethrone bankers all at the same time. It could be done cleanly and painlessly, by legislative command, far more quickly than anybody imagined.

The conjuring trick is to replace our system of private bank-created money -- roughly 97pc of the money supply -- with state-created money. We return to the historical norm, before Charles II placed control of the money supply in private hands with the English Free Coinage Act of 1666.

Specifically, it means an assault on "fractional reserve banking". If lenders are forced to put up 100pc reserve backing for deposits, they lose the exorbitant privilege of creating money out of thin air.

The nation regains sovereign control over the money supply. There are no more banks runs, and fewer boom-bust credit cycles. Accounting legerdemain will do the rest. That at least is the argument. ... (Continues) ..."

Source:

http://www.telegraph.co.uk/finance/comment/9623863/IMFs-epic-plan-to-conjure-away-debt-and-dethrone-bankers.html

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