Intro
“Ohh, Doctor Bob” Alice was sighing while laying on the examination bed in the morning light inundated Doctors Bob studio.
“Oh, I feel strange, so in between, I feel I am not myself anymore”
Alice kept going “ I am in a perfect superposition of states”
“Take it easy” Doctor Bob said smiling” “I know you are working in Quantum Mechanics field theory, but,,”Doctor Bob put a hand on Alice belly,“You know you can not be half pregnant, do you?”
”But Doctor Bob,why I feel i am not me?”
“That is a current feeling we all have in this strange times” Doctor Bob was nodding his head sympathetically “ But i can assure you can not be half pregnant and this is all true. When time will come and your baby is going to hit the slit, all this superposition will vanish instantly and you will have or a positive charged girl or a negative charged boy”.
“Why a negative charged boy?” Alice was alarmed.
“Just a figure of speech” Doctor Bob answered “ It is just like a double keeping entry in the bank books. Or like a quantum collapse”
“And you have already passed a zero point” Doctor Bob concluded.
Alice was sighing in the morning light. She knew she was fully pregnant and she thought about being in a pickle and about pickles for breakfast.
The basic laws of physics,fiat money and the zero point of not here nor there
There is this simple law stating that two objects with a mass can not stand in the same place.And the law of conservation of energy.Debt driven economy is more of a miracle sleight of hand.
Like Money.
Money is not a means of exchange. Like gold, it can be bought and sold and also it was used before the IOY-paper money as a way to fill your cariated teeth.
Money is a product. Just like Oil. You have to Buy money. That is why there is interest and fees and your collateral.. The bank Sells Money.
Money, they say, comes out of nothing. Yes but this “Nothing” is a Bank, some building or room where they extract it. From Nothing, but this nothing is a physical place as any other. So is Oil, or water. It comes from Nothing, but the nothing is the ground.
Money is a product, like Oil. But Money and the bank which extracts it, does not pay any extraction fees.
Oil pays extraction fees.They are called royalties.There is also VAT, value added tax to be paid.
It is like the Bled Cremeschnitte. There are many layers of Royalties, excise taxes,franchise tax, VAT…
Extracting money has none of this classical tax burdens as the other products have.
Money is a product And it do not pays the extraction tax as any other product does..
What really happens when you pay back a loan?
This is a Question THAT Witchdoctor is asking? They say, when you pay back a loan, the balance goes to zero. Ok, that is certainly true for your bank account and loan position.
But,lets take an example;
Witchdoctor goes to the bank, hipitty hoppity hop… for a loan.Hi there, smiles fly, everybody is shaking hands. The bank is a small one, they all know each other.Witchdoctor proposes to pay the loan back in gold coins .They all laugh and so does Witchdoctor.He explains that he needs a loan to keep moving the economy.And he gets a 10.000 Euros loan. He starts repaying the loan.He prefers to Pay Back the Loan In Cash, lets say 400 Euros each month. He repays the loan, bringing 10.000 Euros in Cash plus the Interest, fees, etc, all In Cash.
Now, the banking theory states that this bank balance goes back to Zero. OK? In fact there is zero balance due from the loan on the Witchdoctor account.
The transaction is closed,
BUT WHAT HAPPENED TO THE 10.000 EUROS PLUS INTEREST, ALL IN CASH, WHICH WITCHDOCTOR BROUGHT TO A BANK TO PAY BACK the debt.?
Did they burned down the cash? Did they do what? What they did with the Physical 10.000 Euros in cash, which in theory must go to zero on the books? Or, if the bank agreed to get paid in Gold Coins, to make the story more vivid, what happened with the Gold ? The Bank gave it to the homeless, or at the Best, sent it to the Central Bank?The Central Bank wrote in his books this gold or cash as what? Or they shredded the cash in the shredding money machine ? Sent it to the paper junkyard for recycling?
Ok, they have put it aside?
In fact they covered with repayment the minus 10.000 back, but they forgot that;
Witchdoctor spent the 10.000 forth and they got the 10.000 back.
It is there , lying on the desk at the bank.. . And is physical, you can lick it. It is not going back to Zero.
Ok, maybe they have put it aside,But put it aside as what? In what accounting book it shows as “put aside”what? As a Loose cash sitting around? Or they have lent 10.000 and got back 10.000 and so Witchdoctor spent 10.000 which means physically there are now 20.000 going around. But, they, the bank, started from zero.There were none monies before. Even if they wrote the returned money as a liability, god knows what liability is that, which is just an argument for showing the absurdity.
What they did with this cash (or gold) and on what balance it stays, signifying what? Witchdoctor is not talking ABOUT the paid Interest and fees, but ABOUT the principal.
Where are the 10.000 Euros CASH principal? Or Trillions, for that case?
By the way, Witchdoctor used his loan to pay in cash, so, there is no interbanking Clearstream or Swift settlement between the banks to be made.On the notes he used to pay around, there was no name of the bank who gave the credit or his name as the debtor.
There is No Zero Point here. Zero point is a figure in math, an accounting figure of “balance” between two entities or states ,but cash or gold transaction in this tale is there.
The trick is so stupid or dumb. You-the bank- start on Zero Point, then you go in minus 10.000 Euros from the Zero Point, then you get back in plus for the 10.000 Euros repaid and YOU THINK YOU ARE IN ZERO POINT! While having in hand the 10.000Euros! Or gold coins on the Bank table with the computer desk to picture it.
FOLKS! A MIRACLE STREET OF THE MIRACLE BANKS!
Because you are just moving Around the Zero Point in this case.
Once upon the time when one went to the Usury Man to borrow, the Usury Man counted the notes in his possession. Or the gold. He gave one the sum asked, and after he received what was due he was back to the same sum, with added interest. In Fiat Money, Money out of nothing, which means zero point banking this can not happen. There is No zero Point. It is a way to move from positive to negative but the money stays, it is born.Twice. Twice for this case, regardless from where the paid back money came from, we are not talking overall clearing.
Zero is a convention point of a “non state” There is no Zero Point return in a money creation.
And so the law of conservation of energy is safe. The Only Miracle Master in this story is the Central bank, which can destroy the money in its possession and this is not the case here.
There is also a dark tale of the bank lending; here Marco Saba has a theory. Same as Witchdoctor,
https://www.youtube.com/watch?v=rTZNz0EsmWc
Marco Saba, first sentences of the video;
The bank lends, 100, gets repaid 100 , the account goes to zero, the bank account goes to zero, but the 100 repaid stay as black money in the bank….
The final number is staggering….
And the story gets darker and darker in the video….
The first sentences are crucial and Witchdoctor knows not if they are true or false, but , dear reader, it is up to you to find it out.
And talking clearing, lets talk the Eurozone Invention, nowhere found elesewhere.
This is even more hilarious. First we go and study a little the Target 2 system.Well, nobody exactly understands it,not even Witchdoctor, which is not so important, but…. But there is one thing.If it is really taken as a liability as Jens Wiedmann, the German Bundesbank, ECB (!) thinks then Witchdoctor can state;
There are as many Euro systems as much there are Eurozone countries. Basically there are 19 Different Euro currencies and there is de facto no common currency! For some fun all this currencies are called Euro!There is not one Euro currency but there are 19 Euro currencies and they import /export Euros between them!The Central Banks sell and buy euros from each other!
And this;
Or is maybe this?
http://www.coppolacomment.com/2012/04/it-doesnt-work-like-that-target2.html
“Except that the Bundesbank’s claim isn’t against the central banks of other countries. It’s against the ECB. It is the ECB that has a claim against Greece, not the Bundesbank. So in the event of Greece leaving the Eurozone, it would actually be the ECB that would be technically insolvent, not the Bundesbank.”
Well, now a Central Bank can be insolvent! Holy Cow. The Currency Issuer becomes insolvent! Only hell knows where all this bollocks lead to, except for the War.
Or it is maybe just a statistical flow?
https://snbchf.com/eurocrisis/target2/
Dear reader, all this guys are pad big money. But for What?
And it all reflects in the payment balance!?.And there is real money due at stake! Certainly the mess starts from the debt/bonds each Eurozone county issues for himself, the ECB is the “third party currency issuer” and it muddles forth in the common currency flow.The hilarious architecture of the Eurozone counts the same money as import /export.
To invent Target 2 and after argue what it really means and what is flowing where why and how and who loses and who wins is a perfect example of Eurozone (malevolent) stupidity.So, if the Target 2 is not only a statistical accounting, then a further question arises; Who is the real owner of a transaction in the Eurozone?. Alice and Bob, or?
Lets go back to Alice. Dear reader, she is Italian. Alice is also an Italian name. She pays Doctor Bob for the visit regarding her pregnancy from her Italian based account…In fact Doctor Bob real name is Hans but everybody calls him Doctor Bob, he is a German based guy. Doctor Bob receives the money in his German bank account.
Now, the Italian Alice Euro ends in Doctor Bob German Euro area.
So what? If the money has been received nobody asks who lent it to whom to pay or who paid by lending it or whom has taken the loan. It is the banks, the private banks business, not the Target2. if the private bank can not fulfill the transaction, it goes bankrupt.
Or not?
Alice was thinking….
To be continued….