We've Been Here All Along

By: Patrick Barry | Fri, Aug 9, 2013
Print Email

Some songs are timeless because they comment on the nature of relationships. They can symbolize timeless struggles and culturally inspire cooperation around needed reforms. One impressive example of music's positive impact was on Einstein, he said, "The theory of relativity occurred to me by intuition, and music was the driving force behind this intuition."

Bob Dylan's "All Along the Watchtower" can help inspire us to uncover and reveal what's truly needed to cure the suffocating toxic relationships in the financial community. As the first line of the song goes, "There must be some kind of way out of here, said the joker to the thief." The joker and thief are observers and are first to see an upheaval ahead. Today they might say: "How do we get out of all the debt and move towards a stable economy?"

Credit Market Instruments versus GDP Chart

"There's too much confusion, I can't get no relief." Did capitalism really create this environment? Or did it come from something more like a government imposed private debt money system? If you've never heard of such a thing, there are outstanding financial history books that can bring you up to speed. The bottom line is that thieves have funded economists so that we stay confused. Most of the global financial system requires society to incur increasing amounts of debt to pay previous debts.

"Businessmen, they drink my wine, plowmen dig my earth. None of them along the line know what any of it is worth." Look to natural resource price manipulation and the gaming of the real economy. How much of it is taken for granted?

"There's no reason to get excited, the thief he kindly spoke." Everything's under control the story goes. Should we continue to pay 25% worth of our economy in interest payments? Should we keep allowing banks to create money through debt at interest, without actually having it in their accounts in the first place?

Interest paid By US Private and Public Sector
Larger Image

"There are many here among us who feel that life is but a joke. But you and I, we've been through that, and this is not our fate." Many take no responsibility for trying to do the right thing. The fatalists will say there's nothing we can do. Human nature can't be fixed; we'll pick up the pieces after the system completely breaks down. Thinking there's nothing we can do is a joke.

"So let us not talk falsely now, the hour is getting late." Perhaps there is no way out until we understand the knowledge that is being used against us. The prime example: there is no earning your way out of a debt based financial system. The need for reform is painfully obvious once you see how it works. We need to be ready to get behind a reform such as The Chicago Plan of the 1930s, if we truly want to get out of here.

"All along the watchtower, princes kept their view." Today's princes are the corporate owners, and especially the major global banking ones. We're led to believe that the Watchtower, or The Federal Reserve (Fed), watches our "money" system for us, in our best interest. When in reality, the banks that own it figured out how to make us and the money we use, dependent on the amount of debt they sell. Congress 100 years ago, allowed private individuals behind the Fed to determine through banking, the quantity, type, and value of money. This engineering created an insider's advantage. It's nothing new. The US was founded on the government being in charge of money creation, and quickly thereafter private interests battled for that control. In 1913 there was a victory for private banks, and they've been feeding us false solutions ever since.

"While all the women came and went barefoot servants too. Outside in the cold distance, a wildcat did growl. Two riders were approaching, the wind began to howl." All along the Federal Reserve we're told about price stability and full employment. We're not told that using debt to add money to our financial system guarantees that we will have neither. Winds of change are howling. If you're listening, can you hear it?

Federal Reserve Building

 


 

Patrick Barry

Author: Patrick Barry

Patrick J. Barry, Principal
Joseph Barry Co., LLC

Patrick Barry

Wealth Management Based on Traditional Values & Comprehensive Planning
The Joseph Barry Co. team of dedicated professionals strives to provide you with solid financial and investment advice. We believe in developing productive, lasting relationships with our clients.

Patrick J. Barry, Principal

Post-Secondary Education:
Fairfield University - B.S., Finance

Recent Business Background:
Joseph Barry Co., LLC - Principal, November 2007 - Present
A.G. Edwards - Financial Consultant, August 2002 - November 2007
Blackstone Group - Financial Analyst, September 2000 - July 2002

Copyright © 2014 Joseph Barry Co., LLC

All Images, XHTML Renderings, and Source Code Copyright © Safehaven.com

SEARCH





TRUE MONEY SUPPLY

Source: The Contrarian Take http://blogs.forbes.com/michaelpollaro/
austrian-money-supply/