Authored by Mark Jeftovic via DollarCollapse.com,
Sound Cash Makes For Brief Wars
One of many longest and most steady financial regimes from the Early Fashionable Period onward was the British Pound on the classical gold customary. It lasted about 250 years, from mid-Seventeenth century up till the outbreak of WWI. In line with the late Ferdinand Lips, in his seminal work Gold Wars, when you index the buying energy of the British pound vs gold beginning at a worth of 100 in 1664 , the studying would have been 92 by 1914. (There was one interval, through the Napoleonic Wars when the Financial institution of England suspended convertibility, and that index would have blown out to 180, after which reverted after the BoE went again onto the gold customary in 1821).
In different phrases, over 250 years, the buying energy of the British pound was not solely steady, it had truly elevated just a little on the eve of The Nice Conflict.
The Classical Gold Normal Lasted 250 Years. So what occurred?
Lips goes on to notice:
By 1900, roughly fifty nations had been on a gold customary. together with all industrialized nations. The fascinating truth is that the trendy gold customary was not deliberate at a global convention, nor was it invented by some genius. It got here by itself, naturally and primarily based on expertise. The UK went on a gold customary towards the intention of its authorities. Solely a lot later did legal guidelines flip an operative gold customary into an formally sanctioned gold customary.
We’d do effectively to recollect this, at any time when pundits and the monetary clerisy deigns to tell us that financial techniques should be dictated from above and governed from the center. Not so, the truth is when that occurs, society places itself on the mercy of a technocratic central planners who’re largely indifferent actuality and insulated from the implications of their actions.
“In 1914, at first of World Conflict 1, the gold customary was thrown overboard inside a number of weekends. As a way to finance wars, the world resorted to deficit spending and paper cash. Had the gold customary not been given up, the conflict wouldn’t have lasted various months. As an alternative, it lasted greater than 4 years and ruined many of the main economies on the earth and left hundreds of thousands lifeless in its wake.”
Apart from making the case for sound cash which I’m positive many people studying have already internalized, Gold Wars lays out, period by period, the machinations of central banks, governments, even bullion banks and ahead promoting miners who had been waging open, and covert conflict towards sound cash.
Nonetheless it will be a mistake to imagine that the Gold Wars had been confined to financial issues.
The Gold Wars, had been every thing.
Not Three World Wars: Simply One Without end Conflict
Everyone knows the conspiracy principle round Albert Pike and his coven of Freemasons who meticulously plotted and deliberate Three World Wars that might ravage humanity all through the 20 th and twenty-first centuries earlier than culminating in a one world authorities of Luciferian Marxism (besides that it probably isn’t really true).
Because the Russian invasion of the Ukraine in early 2022, it’s been speculated that future historians might look again on that occasion as the start of WWIII.
I’ve privately puzzled (wrote it up in the latest Bitcoin Capitalist), whether or not the cascading army coups all through the Central African Franc nations had been the gradual opening of a second entrance in what’s changing into a worldwide battle. Because the ruling, French-aligned governments are being deposed, in Niger, Ghana, Central African Republic and Burkina Faso (eight coups up to now two years, up to now), Russian army advisors are showing on scene, teaching the generals. In the meantime China is prepared with infrastructure incentives and loans.
That entrance isn’t scorching – but – nevertheless it’s, “War By Other Means”, to cite the Robert Blackwell & Jennifer Harris e book by that title…
“At present, nations more and more perform geopolitical fight by way of financial means. Insurance policies governing every thing from commerce and funding to vitality and alternate charges are wielded as instruments to win diplomatic allies, punish adversaries, and coerce these in between.”
Now with this mess within the Center East, it looks like we’re at that time the place this might escalate, draw within the nice powers after which we are going to unambiguously be embroiled in one other world battle.
David Stockman once told me that he considered World Conflict 1 and World Conflict 2 as the identical contiguous conflict. May this be seen as a continuation? (On the time, some realized that the Treaty of Versailles had baked in “one other conflict inside 20 years”, and William Man Carr’s channeling of the ole Pike “Three World Wars” conspiracy theory might have been a easy realization that placing Israel the place they did would invariably result in issues).
The frequent thread from a sound cash perspective is that none of it will be potential with out the power to print worth ex nihilo. Fiat forex is a monumental fiction, one that may asset strip the productive segments of the financial system, hole out the center class, whereas enriching the Cantillionaire class, the military-industrial advanced and the Deep State.
Studying Gold Wars supplies readability across the position of sound cash: in rational governance and in offering the premise for harmonious relations amongst humanity.
The place sound cash makes for brief wars, fiat cash makes for a Without end Conflict, which Lips calls, “The Gold Conflict”.
That conflict, till now, has been a simplest and ruthless method of enslaving complete populations whereas enriching the elite. If there’s a far-reaching, multi-generational world conspiracy – it’s one which brainwashes the plenty into buying and selling their time, wealth and property for meaningless chits backed by nothing. Who wants world Communism?
Lips cites, anonymously, “a former Personal Banker, Safety Analyst, Director of Gold Mining Firms” (Lips was rumoured to be the cryptic gold commentor “Good friend of One other”, and right here he could also be citing the equally mysterious “One other” – considerably presaging the anonymity of Satoshi Nakamoto within the coming period)
“The Gold Conflict is nothing else than a Third World Conflict. It’s not solely a most pointless however essentially the most harmful of all wars.
World Conflict III might have begun with the demise of the basic gold customary of the nineteenth century.
I contend that WWI lasted so long as it did as a result of the gold customary was deserted. Deficit financing made it potential for it to final over 4 years, destroying capital wealth, a wealthy cultural heritage and unnecessarily killing hundreds of thousands of younger troopers and harmless folks.
It goes past pointless carnage and destruction in The Nice Conflict:
If WWI had lasted solely six months, currencies wouldn’t have been destroyed. There would have been no Versailles Treaty and no German hyperinflation. The little understood Genoa Conference of 1922 was largely chargeable for the growth of the Nineteen Twenties and the crash of 1929 resulting in the disaster of the Thirties.
With out the mishandling of gold, there would by no means have been a Hitler. Neither would there have been a Bolshevik take-over by the likes of a Lenin, nor would Russia have needed to endure a Stalin with much more hundreds of thousands of innocents killed. There would by no means have been a WWII.
Whoever this man is, he continued to attach the dots from abandoning the gold customary in 1914, to the inflationary 70’s the oil disaster that occurred on the similar time and into the long run:
“[The] approaching oil and vitality crises of the twenty-first century, and the long run derivatives disaster..are all primarily financial crises… as a result of the world disregarded gold cash”
Within the Epilogue to Gold Wars, Lips takes inventory, remarking that regardless of all of the distress the fiat system and the unrestrained enlargement of paper cash wrought, there could be a generational alternative to amass near-dynastic wealth when the world – very like Nice Britain within the seventeenth century, reverts to a sound-money system over the objections of the world’s governments.
“It has occurred any variety of instances in historical past that the gold value took off: by no means ever to return right down to the extent it has began from.”
Gold was buying and selling at $270/oz when Gold Wars was printed. It has since posted an all-time-high close to 10X that quantity, and folks nonetheless look upon it with derision.
One factor is for sure: if we had been on a gold (or Bitcoin) customary at the moment, or sooner or later: we’d not be capable to go on funding a scorching wars on open-ended phrases, and we wouldn’t be in such a rush to ignite a number of extra flashpoints world wide.
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