Quantum Pranx

ECONOMICS AND ESOTERICA FOR A NEW PARADIGM

Banking as Economic Parasitism

with 8 comments

by Vladimir Nuri

Mininova, the largest torrent search engine and directory on the net, has posted this review of the book:
This is Vladimir Z. Nuri’s landmark research paper Fractional Reserve Banking as Economic Parasitism – A Scientific, Mathematical and Historical Expose, Critique and Manifesto (2002) which looks at the history of money and its modern form from a scientific and mathematical point of view in order to expose its parasitic nature. The approach here is to emphasize simplicity. A straightforward model and algebraic formula for a large economy analogous to the ideal gas law of thermodynamics is proposed. It may be something like a new “F=ma” rule of the emerging econophysics field. Some implications of the equation are outlined, derived, and proved. The phenomena of counterfeiting, inflation and deflation are analyzed for interrelations. Analogies of the economy to an ecosystem or energy system are advanced. The fundamental legitimacy of “expansion of the money supply” in particular is re-examined and challenged. From the hypotheses a major (admittedly radical) conclusion is that the modern international “fractional reserve banking system” is actually equivalent to “legalized economic parasitism by private bankers.” This is the case because, contrary to conventional wisdom, the proceeds of inflation are not actually spendable by the state. Also possible are forms of “economic warfare” based on the principles. Alternative systems are proposed to remediate this catastrophic flaw. Find out how usury and other criminal activities by the bankers are a hidden science known only to a few – but not anymore. 60 pages. A must read for everyone.

THIS IS A large and extremely detailed document that can be downloaded (pdf) or read at this link. It is a breathtakingly high overview of the very institution of money and banking, and would most definitely not be taught at any college or seminar. I cannot recommend it highly enough, in spite of, or because of, its length of 62 pages.

The full title is: Fractional Reserve Banking as Economic Parasitism

Warning: Clicking on the link below will download the whole 62 page document:

www.thetransitioner.org/wen/tiki-download_file.php?fileId=3

Mininova, the largest torrent search engine and directory on the net, has posted this review of the document:
This is Vladimir Z. Nuri’s landmark research paper Fractional Reserve Banking as Economic Parasitism – A Scientific, Mathematical and Historical Expose, Critique and Manifesto (2002) which looks at the history of money and its modern form from a scientific and mathematical point of view in order to expose its parasitic nature. The approach here is to emphasize simplicity. A straightforward model and algebraic formula for a large economy analogous to the ideal gas law of thermodynamics is proposed. It may be something like a new “F=ma” rule of the emerging econophysics field. Some implications of the equation are outlined, derived, and proved. The phenomena of counterfeiting, inflation and deflation are analyzed for interrelations. Analogies of the economy to an ecosystem or energy system are advanced. The fundamental legitimacy of “expansion of the money supply” in particular is re-examined and challenged.

From the hypotheses a major (admittedly radical) conclusion is that the modern international “fractional reserve banking system” is actually equivalent to “legalized economic parasitism by private bankers.” This is the case because, contrary to conventional wisdom, the proceeds of inflation are not actually spendable by the state. Also possible are forms of “economic warfare” based on the principles. Alternative systems are proposed to remediate this catastrophic flaw. Find out how usury and other criminal activities by the bankers are a hidden science known only to a few – but not anymore. 60 pages. A must read for everyone.

––––––––––––––––––––––––––––––––––––––

As a taster, here is a short extract:

Economic Warfare
“I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a monied aristocracy that has set the government at defiance. The issuing power [of money] should be taken away from the banks and restored to the people to whom it properly belongs.” —Thomas Jefferson

“The first casualty when war comes is truth.” —Hiram Johnson

“Give me a place to stand, and I will move the world.” —moneyparasitism-nuri

To the modern ear Jefferson’s shrill warnings on banks sound like exaggerated hyperbole, especially the idea they are “more dangerous to our liberties than standing armies.” Hence the term “economic warfare” may seem unfamiliar to the point of sounding like an oxymoron. It’s a foreign or even alien idea (much like money parasitism) but its reality is supported by some of the most rare and circumstantial evidence. Under a different light, the Jeffersonian quotations are as uncannily perceptive and future-anticipating as Adams’.

Earlier it was observed that governments have historically regarded counterfeiting as a treasonous crime. Counterfeiting has the ability to destroy the economic integrity and vitality of an entire nation. It can be used as a mechanism of state sabotage, and it is even regarded as an act of war if advanced by one country on another. Widespread counterfeiting, lawlessness, and anarchy are sometimes the historical progression of collapsing empires.

As M.A. Rothschild asserted, “Let me issue and control a nation’s money and I care not who makes its laws.” By all the previous verbiage, the difference between counterfeiting and money issuance can be a very subtle matter—“razor-sharp.” For purposes here, loosely define “economic warfare” as “state sponsored counterfeiting used as a means of seizure of assets and establishing control over another country.”

The metaphor of “invisible slavery” was applied earlier to economic parasitism. Economic warfare likewise can have the very treacherous property of invisibility. If a nation’s currency is being counterfeited without detection, or assets seized and control lost via an equivalent process, it seems equivalent to a means of waging invisible warfare.

The theoretical possibility of economic warfare is hinted in the earlier mathematics. Gresham’s law, “bad money chases out the good,” fundamentally is about the economic leverage that can be applied via reserves of capital. Just as in physics when huge masses can be moved via carefully constructed pulley systems that increase “mechanical advantage,” it seems totally analogous that mass economic dislocations can be effected by the transfer of capital. By the formulas, a bank that issues debased currency via fractional reserves that circulates into the larger economy is exerting leverage against that economy by extracting energy from it.

Now, suppose that two private banks A and B are competing to extract money-energy from a given economy. Suppose that the owners of bank A manage to clandestinely incite a run on the reserves of bank B by its depositors, such as by spreading rumors of collapse. Bank B fails, and its assets then may come under control of bank A. If undetected, bank A appears to have successfully waged “economic warfare” against bank B. It successfully attacked and seized “economic territory.”

The attack is not necessarily limited to collapses. Bank B may not totally fail due to the run, but be significantly weakened from decline in its reserves from withdrawals. The economic leverage of bank A is still commensurately increased. In a sense, bank B’s money has been undermined from an economic oscillation.

Substitute “nation A,B” for “bank A,B,” “national currencies” for “bank deposits,” and this gives the theoretical background of a worldwide economic warfare technique. Moreover, if the losses are made up by taxpayers, it becomes essentially state-financed! Bailouts may fail dangerously to address the core disease and maybe even unintentionally mask or promote it.

The analogy applies on international levels. Different nations have currencies that are backed by their reserves. Nations become analogous to individual banks in a larger world economy. Currency exchange rates are a measure of the leverage of one currency against another. If a nation expands the circulation of its own fractionally-backed money outside its borders, it’s totally analogous to banks that increase circulation of their debased money, and one nation can seize assets of another based on money manipulation.

Now, note the basic parallel between a collapse of a bank due to a run, and mass failure or default of loans made by the bank. Suppose corrupt private bank C lends mass funds to an accomplice D. D defaults, but with kickbacks to C. Government bails out the “failed” loans of bank C.

These are extremely crucial, initially counterintuitive situations to observe. Bank failures, bailouts, loans, or aid can be disguised weaponry for waging economic warfare against the governments of either foreign or domestic countries. Moreover, government-funded bank bailouts may have the unintended effect of feeding the money parasite! These are the money system analogues of infiltration of the government-banking complex’s immune system.

Hence large-scale currency machinations especially during “crisis situations,” such as “currency swaps” tied with foreign money devaluations by the Federal Reserve, can be seen as weapons for waging mass worldwide economic warfare—invisible annexation of foreign assets.

Similarly, in 1970 the IMF created a new monetary unit called the SDR, or “Special Drawing Right.” As Griffin quotes Dennis Turner: [32]

SDRs are turned into loans to Third-World nations by the creation of checking accounts in the commercial or central banks of the member nations in the name of the debtor governments. These bank accounts are created out of thin air. The IMF creates dollars, francs, pounds, or other hard currency and gives them to a Third-World dictator, with inflation resulting in the country where the currency originated… Inflation is caused in the industrialized nations while wealth is transferred from the general public to the debtor country. And the debtor doesn’t repay.

Turner is simply describing the process of fractional reserve banking as a tool for money parasitism not on an intra-national but on the international scale by the IMF. By definition, inter-national money parasitism wages economic warfare.

Economics makes the distinction of GDP, Gross Domestic Product, vs. GNP, or Gross National Product. [17] GDP can be defined alternatively, roughly, as the percent of GNP that is owned by the nation’s own citizens. That is, in a sense, the ratio r = GDP/GNP represents a fractional reserve system of the entire country, with the fraction 1 − r representing foreign ownership of the country’s assets. If a money parasite is “foreign” to the country, then the part 1 − r represents degree of parasitic control of the host country. A debtor nation status can be a sign of nationwide infection and subjugation by a foreign money parasite.

But equivalently, such a situation can be regarded as a domestic invasion and subjugation by an invisible foreign army—the virtual definition of attack by a parasite from the host’s perspective.

“four steps to damnation”

“In essence, these countries end up buying back their own money, but at incredibly high rates. And this is just the beginning of the IMF’s involvement.” —Gregory Palast [51]

“Is globalization about the eradication of world poverty, or is it a mutant variety of colonialism, remote controlled and digitally operated?” —Arundhati Roy

Possibly the most extraordinary single damning item of circumstantial evidence for the existence of an organized economic warfare program is the document called Silent Weapons for Quiet Wars. [2] This very narrowly-known document purports to be a training manual for the science of “quiet wars” waged against the populace. It includes amazing scientific and mathematical descriptions very similar to the prior sections. It has much material relating to “debilitated host psychology,” using the depiction adopted here.

The document has never been published anywhere except in very obscure locations and on the internet. The scientific community seems to be unaware of it or ignoring it. It’s circulated in small circles for at least a decade; the author is unknown. Any serious researcher looking into economic slavery, parasitism, or warfare must absolutely be familiar with the manual. But since its legitimacy and authenticity are so easily questioned by the literal-minded, it cannot serve as any form of definite evidence. Other avenues must be pursued to make the case for economic warfare.

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Written by aurick

17/03/2009 at 3:55 pm

8 Responses

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  1. I think the information you are providing is long over due, the question is will it penetrate the brainwashed programing of the status quo? I want to down load the pdf and post the link on the http://www.worldfreemansociety.com website we think alike in this respect and others of an awakened capacity should hear about this! Peace to you!

    Don

    03/05/2009 at 4:09 am

    • Hi Don,
      Sorry, this reply took a little while to get to you. Sure, many people, awakened or not, should know more about this. Likewise, the website “Web of Deceit” (link on my blog) has some info that will blow people away. Anyway, thanks for your link to my blog regarding the banking parasitism article. I got a lot of views as a result of that!!
      Aurick

      aurick

      08/05/2009 at 8:50 am

  2. “There is some remote possibility and flickering
    indication that new emerging digital currencies
    could scale “parasite free.”

    Jct: Of course, why represent our wealth with their chips for a parasitic fee when we can represent our wealth with our chips for free?

    “However it seems money parasitism could be an incredibly tenacious phenomenon that will continue to carry into \cyberspace.”

    Jct: How long will people choose to pay banks interest to internet-worty credits or pay a percentage service charge to barter clubs when they can pay a flat service charge in a LETS timebank?

    “The argument could even be made that the numerous attempts at digital currencies have been failing due to money-parasitical factors.”

    Jct: Actually, these books of accounts don’t fail, they can be re-activated the moment you find someone to spend it with. And when the world-wide UNILETS comes online, and you have a positive credit in a moribund, that will be vouching enough to be acknowledged. Having positve Hours to your credit can never be lost.

    “One remarkable idea for a blip-system is one with
    a totally fixed number of blips.”

    Jct: Why would any casino cashier want to bank a game with a fixed number of chips?

    “It seems counterintuitive, but such a system is inherently feasible and practical and possibly highly parasite-resistant.

    Jct: It is counterintuitive and unnecessary because there’s no reason to limit the tokens to anything but the collateral in pledged goods or in time.

    “The blip-system owners, or currency authority, issues
    blips based on any arbitrary but agreed-on criteria to
    the money holders, such as work or tangible assets.

    Jct: If by “work”, you mean the Time Standard of Money, we’re on the same track.

    “This can be done all at once, or gradually.

    Jct: I’ve spent 30 years offering “all-at-once” by running in 69 elections offering LETS interest-free bank accounts to voters who have rejected the offer every candidacy they could. Vote for interest-free LETS loans? No, I vote the way my pa did.

    “The system ideally has some way for individual
    holders to check (electronically) that there are no
    more blips in circulation than ocially allowed (i.e.
    a built-in auditing system) and might also support
    anonymity.

    Jct: Anonymity permits crooks to hide the loot. When everyone can see everyone else’s economic score, there’s nowhere to hide illegal gain.

    “Note that an electronic system has the
    tremendous advantage that it might be audited electronically by all holders whereas a commodity-backed currency cannot be!

    Jct: Exactly. But there’s no worry when people can pay it off or work it off. Right people can only pay it off, offering money, but they can’t work it off, offering time. Yet.

    “It’s also roughly identical to a system known as LETS
    (Local Exchange Transaction System) pioneered by
    Michael Linton. ”

    Jct: With the first Dbase II software financed as a freeware gift to the world by John The Engineer Turmel, me. If you idea conforms to LETS poker chips, it’s okay by me.

    “The concept may seem counterintuitive,”

    Jct: No, this time it is not so counterintuitive.

    “but one can observe the close parallel of its widespread functioning in the form of hundreds of thousands of company stocks on worldwide stock markets!

    Jct: Better yet, small-denomination company stocks being used as currency by their workers in their own communities. It’s what happens when a business joins a LETS, right? They have credit as interest-free as credits they could print themselves.

    “In fact one tantalizing possibility is an increased merger between currency systems and stock markets such that they become less distinguishable. Depending on implementation,such a system could be either highly parasitic or non-parasitic.

    Jct: Don’t forget Provincial and State bond currencies people can pay their taxes with and government can use to pay their workers with. If they had LETS accounts, it would work the same way.

    So, my message is that the spread of community currencies heralds debt liberation in many financial arenas.
    Best of all, when the local currency is pegged to the Time Standard of Money (how many dollars/hour child labor) Hours earned locally can be intertraded with other timebanks globally!
    In 1999, I paid for 39/40 nights in Europe with an IOU for a night back in Canada worth 5 Hours.
    U.N. Millennium Declaration UNILETS Resolution C6 to governments is for a time-based currency to restructure the global financial architecture.
    See my banking systems engineering analysis at http://youtube.com/kingofthepaupers

    KingofthePaupers

    04/05/2009 at 11:03 am

    • Not sure that I understand much of this!! Are you a human, or a computer?
      Aurick

      aurick

      08/05/2009 at 8:51 am

      • Jct: Yes, I know Jesus said that when it came to interest: they will forever be hearing without hearing and seeing without seeing or understanding, but it doesn’t man only computers, and not humans, can figure it out. He and his apostles did. But few else. Mammon is the trickiest most hypnotic subject on earth but some humans can see the ruse.

        KingofthePaupers

        08/05/2009 at 12:01 pm

  3. The banking system us purely a system of enslavement, designed to enslave the human race. We borrow money from the bank that does not, never has, and never will exist. We repay with money that has been hard earned, and if we can’t afford to repay banks will seize real assets worth real money. They’re been pulling this trick for thousands of years. It’s about time we told the bankers to go away, sit in a quiet room and have a word with yourselves. Don’t imagine that you will keep your stolen wealth!

    Dave P

    06/06/2010 at 12:44 pm

  4. DaveP: “We borrow money from the bank that does not, never has, and never will exist.”
    Jct: You borrow chips from my casino bank that did not, never had, and never will exist? Not. Okay, so there’s nothing wrong with your borrowing chips from my bank.
    DaveP: We repay with money that has been hard earned, and if we can’t afford to repay banks will seize real assets worth real money. They’re been pulling this trick for thousands of years.
    Jct: If you don’t have the chips, you don’t cash out from the cage. If you do, you do. That’s fair.
    So, obviously, you’ve left out the component you should really be mad at, the interest.

    KingofthePaupers

    06/06/2010 at 8:48 pm

  5. […] are dealing with a parasitic financial system that lives and breathes because we are ignorant of how the monetary system […]


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