The virus of usury as the main cause of the permanent crisis
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Date
2018
Authors
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Journal ISSN
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Publisher
Ivane Javakhishvili Tbilisi State University Press
Abstract
The article analyzes the essence of modern financial capitalism, its metamorphosis and the results of quantitative easing policy. It is noteworthy that the main characteristic of modern financial capitalism is that the US dollar and all other currencies are credit money. In addition, these currencies are issued not only by central banks, but also
by commercial banks. This leads to an inevitable increase in debt, which is growing rapidly throughout the world and undermining the real sector of the economy.
The article notes that world usurers deliberately build a system that will eventually become a global and general system of slavery. Such a system will have a very simple social structure: new slaveholders, that is, "golden millions" and the rest of the population, or "dirty" billions.
The article also discusses the so-called "Charitable" funds, which in fact are the centers of accumulation of money, and whose real purpose is to serve the interests of world usurers.
In addition, the article highlights the theme of mental and spiritual diseases that are hidden in the modern world of financial speculation and fraud, which are even less studied today. Unfortunately, today people do not pay attention to the most important thing - human beings are prone to strong financial ludomania, as well as a strong
inclination to the "financial pyramids" and other financial frauds that are carried out outside the exchanges.
In conclusion, it is said that, despite the fact that the "end of history" is not known to us, everything depends on us, including on the ability to resist moneylenders. Resistance along with other problems implies the development and implementation of positive programs to change the existing monetary system.
Description
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Keywords
financial capitalism; quantitative easing policy; credit money; stock exchange; derivative securities; usury
Citation
III International Scientific Conference: "Challenges of Globalization in Economics and Business", Tbilisi, 2018, pp. 470-475