With chaos, today multi-billionaire Hugo Salinas Price said the “Lords of Money” are pushing global turmoil but wildcard China may return the world to gold.
January 29 (King World News) – Multi-billionaire Hugo Salinas Price: “Democracy” has been foisted upon the world, by the mysterious, occult power in the hands of the Lords of Money, one of whose servants was FDR.
The USA is a nation now writhing in the turmoil of a people divided up into numberless groups, each of them feeling that they suffer a particular social grievance, which justifies their resort to public disorder and violence to obtain redress.
The Lords of Money look to the spread of the public turmoil, from the USA to the rest of the world, because social disorder opens a clear road to absolute world power for them; governments that forbid public violence as a means of expressing dissatisfaction with social conditions are termed, by a captive Press subject to the Lords of Money, as “Repressive” or “Dictatorial”.
Aristotle was correct, in classifying “Democracy” as the worst of all possible political systems…
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The adherents of “Democracy” approve the use of violence when certain groups rampage on society, looking to improve their economic condition. This can only lead to continuous strife, because it is the nature of things, for humans to be dissatisfied with the problems that life presents. Thus any “Democracy” must suffer from continual internal strife among diverse factions.
Though it is true that the objective of good government must be the general welfare of the population, the means to achieve that welfare do not lie down the path of “Democracy”.
China refers to itself as a “Democracy” in order to present an acceptable face both to her own people, and to the rest of humanity. In fact, it is actually a “Monarchy” – the best of all possible political systems. The installation of this monarchy must have required an enormous purge of refractory individuals who would not submit to peaceful economic intercourse. Such is the cost of establishing a civilization!
In the picture we get of China through the news media, we see a country at peace with itself, whose population is occupied with working-out its interests in peaceful collaboration. What we do not see, is the threat of repression which must be at work, to prevent public disorder with “strikes” and mass demonstrations of protest, violent or peaceful. A society in which disorder is not repressed, is a society in the process of crumbling into savagery.
President Xi’s government of China is well-aware of the economic problems that may be troubling certain sectors of the chinese economy, and his government must surely be attempting to address those problems. But President Xi’s government is not going to allow public disorder: strikes, demonstrations and violence do not solve problems, but they do cause them.
It appears that President Xi is aware of the eventual demise of the system of fiat money which China uses at this time, and because he is generous – as all good emperors are – he has been encouraging his subjects to purchase and accumulate gold, certainly not a measure that would be approved by a total despot. (By contrast, we see the German government attempting to cut down on the amount of gold which Germans may own.)
The great problem facing China a bit down the way, will be the inevitable collapse of its financial system, which has been overloaded with debt. No one knows – probably President Xi himself cannot know – how it will be dealt with: financial collapse will be a gigantic problem which will involve all of China’s 1.4 billion inhabitants. A very painful solution – but the only enduring solution – would have to be a return to gold as China’s money, probably supplemented by silver money.
An evasive measure, perhaps politically imperative, would be a re-set of the fiat money system employed by China, in which case the ownership of gold would be a life-saver for millions of Chinese. But it any case, evasion never solves problems, it only postpones them.
Bottom line:
No one knows what measures China will implement as the crisis caused by excessive debt develops: a) China returns to gold, and possibly silver, as money? or b) China re-sets its fiat monetary system, as a half-measure? or c) political breakdown overtakes a single China, and it fragments into several political entities, in a great civil war?
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