Let's say that a caveperson makes some baskets. Other cavepeople like the baskets, and trade some fruits and berries for a basket. This is legitimate. But let's say that an enterprising caveperson prints some money, and uses that to pay for a basket. Then, the basket maker only holds a piece of paper rather than fruits and berries. The caveperson who printed the money says not to fret because the money can be used to buy fruits and berries whenever the caveperson chooses. But the fact is, the caveperson who produced the money hasn't contributed to the material society at all, as the money is only a promise. But he has talked himself into a basket!
Fast forward a few millennia and we have a builder who has built a house. Someone sees the house, likes it, and gets a mortgage. The builder gets paid for his house by the bank, and the new homeowner begins paying back the mortgage which will take thirty years, with almost all of the interest being paid back first, and little toward the actual home equity. The homeowner eventually will pay about three times the homes original value to the bank when considering interest.
The interesting thing here is that although the bank collects all of this money over the years, their original outlay of cash to the builder is nothing! It's only a transfer of paper! When the builder receives the check from the mortgage banker for the home that he built, he doesn't get that payment in cash, he gets it in the form of credit of some kind; a check. That credit is never spent but kept within the banking system as the builder slowly withdraws from it and pays for materials and salaries. When the middle class workers receive their checks, they in turn pay their bills, insurances, broker's fees, financial management fees, contribute to their 401ks etc, and again the money remains in the banking system. The money is never real, just notations in checkbooks or on the internet. The actual amount of goods produced is only a fraction of the actual psychological money supply. Therefore, the banker makes money from producing nothing. This is usury.
The problem is, the actual money supply, a fairytale, is what we base our entire capitalistic system on, and when the truth begins to leak out, as it is doing now regarding actual home equity or value, which is real, along with the illusion of credit, which is unreal, the system can easily collapse when the money is called home.
Ever wonder about regulations keeping one from withdrawing more than $10,000, saying that it is a protection from money laundering? The fact is; the banking system cannot survive if real money changed hands instead of entries in a ledger. And this is the bona fide danger of a system that is run by banks; the system can be easily dissolved; it only takes a call up of the real money supply, or the devaluation of homes, and suddenly, everything comes home to roost, everything becomes real, and the deception of banking reveals itself.
The entire system is built on promises, and if any promise fails in any part of the system, then the system can collapse because there is nothing underneath the promises. We are beginning to see this develop in the financial markets. Think about it; what keeps our economy afloat? Is it illusion? Why is consumer psychology so feared by the ones in power? And how are reports and figures on the economy manipulated to influence that psychology?
Figure it this way; if tomorrow all the banks closed, all credit card transactions were suspended, checking accounts useless, what would you use to buy food tomorrow for your family? What would you trade to the farmer down the road that had some acres planted and a few head running around? Would you have some cash in a cookie jar, a little gold buried in the back yard? Or would all of your assets and net worth be tied up in banks in one way or another?
The system is and has been developed cleverly so that inflation, a result of printing money, insists that assets must be invested to grow, and therefore the banks always own all of the assets even though on the surface it appears that we do. Again, what would you do if the banks close? This is the truth of who holds the financial power.
A basic life of trade amongst each other would be a simple spiritual life of different values than we presently hold, values of not consuming as heavily and living minimally. But if one suggested that, the establishment would cry anti- Americanism, anti capitalism, which has effectively kept people in line. Spirituality today is merely a tool; lip service of what could be a true spirituality, and a tool that is in the hands of manipulators who keep the delusion going. But Middle America is finally waking up. Slowly, the blinders are coming off and big changes are on the horizon; economically, spiritually, and more importantly in real values, and not the typical religious values that simply give a wink and a nod to the banking system.
Whether these changes come slowly or suddenly remain to be seen, but one can feel something in the air, something that portends to a revolution . . .in awareness. Jesus was a poor man in many ways, rich in others, quite the opposite of what we have today.
E. Raymond Rock of Fort Myers, Florida is cofounder and principal teacher at the Southwest Florida Insight Center, http://www.SouthwestFloridaInsightCenter.com His twenty-eight years of meditation experience has taken him across four continents, including two stopovers in Thailand where he practiced in the remote northeast forests as an ordained Theravada Buddhist monk. His book, A Year to Enlightenment (Career Press/New Page Books) is now available at major bookstores and online retailers. Visit http://www.AYearToEnlightenment.com