Fiat money

The beauty of the fiat currency is that it is backed by nothing.
It comes from nothing and it could easily go into nothing.
And most probably it will.
If money represents an economy but has no value in itself, easily THE VERY SAME ECONOMY could be represented by A NEW CURRENCY and nothing would change.
WELL SOMETHING would change, for people who have THAT MONEY.
They would probably lose most of it.
But MODERN economies are mostly backed by debts (and not SAVINGS) so, when the currency implodes, so does the debt.
Creditors have the nothing they created and debtors have the assets they bought.

What if?

What if the euro didn´t exist?
What would have happened to Greece, Italy, Spain? I think the people on the road would be AT THE SAME EXACT PLACE.
They wouldn´t have called it "austerity" hey would have called it "inflation".
Having a decent salary in dracma and a small in euro, at the end of the day are EXACTLY THE SAME.
That is to say: an Iphone cost less euro than dracmas, but you have to work the same hours to buy it.
So, what is the ADVANTAGE to be in the eurozone?
Most will say the "Germans" earn on it.
But the Germans would earn in Mark, which would be even MORE euros.
So, WHO earns on IT? VERY EASY: look who PROFITS:


1) Financial institutions in first row. BANKS, HEDGE FUNDS, IMF of course ECB.

2) Last, but not least POLITICIANS.


And ALL what is MORE for them is LESS for us.

The lies behind the truth

Schäuble V Varoufakis: it´s personal....
I do not think it is personal, it is just the fight among two people who represent two nations whose interests are opposite.
Whatever is the fault of Greece´s mess it doesn´t matter or doesn´t change so much, what changes the life of the people is the outcome.
An outcome on which in a real democracy PEOPLE should have their saying, but they do not.
Behind Varoufakis is a country that has lost hopes and future since long and desperately wants to believe that there still IS a future, at least for their children.
Behind Schäuble, as difficult as it can look, there is the same.
WHY SHOULD German people pay for the "faults" of the banks and the financial world?
Why should the Greek people pay for the faults and misdemeanor of their own politicians, banks and financial guys?
The answer is very simple: none of the two, so no agreement.

The biggest cheating of ALL: THE CASHLESS SOCIETY

Iphone people enjoy: your time will come, soon and in your own country.
You will be able to do ALL your transactions with your handy, even pay the morning coffee or the bus ticket, even 20 cents (if there is still something to buy with 20 cents) will be payed with your Iphone.

THE CASHLESS SOCIETY: the dreams of the banks and the dream of the Iphoners.
For the first the reality of the dream will get every day better, for the seconds will get into a nightmare.

The famous phrase of "SOMEBODY" that " let me print the currency and I do not care who will rule" is getting even better.
He won´t even need to print, it will be enough to "add" a few zeros and from 1 dollar he will make billions and trillions.
In the same way in which the guy on the road (including you, Iphoner) can see on his account a dollar become a cent.
Do not worry, European Iphoner, YOU too will get that privilege.

HOW WILL THEY?

Very, very simple.
1) the banks will finally fail. Not that right now they are not broke, they are.
But remember, in our society, it doesn´t matter what IS, it matters what LOOKS. And NOW they do not LOOK broke, in the near future THEY will.
And when that comes, they will be "punished" and EVERYBODY will be happy.

2) The Central banks, FED, ECB, BOE, BOJ, will take control.
We will be granted a sencond chance.
With a new currency.
Whatever will be its name, it will have one VERY special quality: it will be "virtual".There won´t be any "cash". Not only will it be FIAT and under COMPLETE control of the Bank of the International settlements (the bank of the 1%) but it will be NUMBERS on THEIR computer screen.
Numbers that will change at "their will" without any control.
In this may be I am wrong.
It will be controlled buy the politicians.
Of course the very same that brought us to it: their puppets.

So, THEY will control EVRYTHING, also the people who "control" them.

Whatever it takes

G7 was about Ukraine AND Greece.
Greece MUST stay, whatever it takes.
That is what Tsipras knows and Merkel too.
Why?
First, and this is Obama´s main concern, for the big Hedge funds and billionaires of Wall street and second, that is Merkel´s main concern, the debt must TOTALLY flip from the Banks into the taxpayers´shoulders.
5% pennies on the dollar will finish for the Greek people, the rest will buy the debt from the IMF and big banks.
Where does the money come from?
Of course from "Europe" that means from the ESM which is FROM the taxpayers wallet.
Germany can "spend" up to 190 billions, which is the limit from the Supreme Court and you can bet Merkel will spend it and if necessary even more.
They ALWAYS find the way.
The German people will go into pension at 69, so that the Greek can go at 50.
The minimum wage in Germany will stay at 470 euros so that the Greek can go at 780.
Do not misunderstand me.
I perfectly know the situation of the Greek people, but I also know that a week economy cannot survive if 60% or more are employed in "services" which are the civil jobs that in reality do not make "profit".
It can work for an empire that lives on the job of the colonies, but not for Greece.
This is the simple reason Greece is Broke and won´t get better in a near future.
The only reason they will let it survive is the "transfer" of debt.
Once it will be completed bye, bye, Greece.