Guinness World Record Holder for largest book signing ever, Orrin Woodward is a NY Times bestselling author of And Justice For All along with RESOLVED & coauthor of LeaderShift and Launching a Leadership Revolution. His books have sold over one million copies in the financial, leadership and liberty fields. RESOLVED: 13 Resolutions For LIFE made the Top 100 All-Time Best Leadership Books and the 13 Resolutions are the framework for the top selling Mental Fitness Challenge personal development program.
Orrin made the Top 20 Inc. Magazine Leadership list & has co-founded two multi-million dollar leadership companies. Currently, he serves as the Chairman of the Board of the LIFE. He has a B.S. degree from GMI-EMI (now Kettering University) in manufacturing systems engineering. He holds four U.S. patents, and won an exclusive National Technical Benchmarking Award.
This blog is an Alltop selection and ranked in HR's Top 100 Blogs for Management & Leadership.
Several weeks ago, I was asked to be a guest on the financial education site Rethinking the Dollar to discuss my new book The Financial Matrix. The interviewer asked some great questions (and despite some internet issues) the content should help citizens from across the world in their quest to be debt-free.
Many people believe that money and financial literacy is not really that important. However, I’m not sure how to respond to this since nearly everyone who tells me this also later admits to me that they are in debt personally. This seems absurd to me. If money truly isn’t that important, then why sell yourself into debt slavery to obtain such a trivial item? Ouch! I know that’s quite a truth bomb, but think about it – if money really wasn’t that important then there would be a lot less debt! People speak foolishly when they buy their own lies and then start selling them to others. Does anyone else see the hypocrisy of spending more time working for money than investing time with family and friends and yet still claiming money isn’t important? Especially when we remember that the best way to read a person’s mind is through their actions and the actions and words simply aren’t aligning in most people’s lives.
The truth of the matter is that family and friends are much more important than money, but because the masses lack financial literacy, the elites control the masses through the masses ignorance. For instance, I don’t believe one in a thousand people can accurately explain what money is; nonetheless, the average person will spend over 40 hours per week for nearly 50 weeks per year for over 40 years in a quest to accumulate the object they cannot even define. Believe me, I am not knocking the reader when I say this because it is exactly the same position Laurie and I were in when we awoke from our fog. We asked ourselves, why are we spending so much of our life seeking something we do not even understand (money), let alone love. We were not seeking money for its own sake, but rather for the choices, charity, and security it could provide for our family.
At any rate, in a capitalistic society, money rates close to oxygen in the hierarchy of needs. Interestingly, you rarely hear someone say that oxygen isn’t important to them. 🙂 In fact, classic historian Augustus Boeckh, described money’s importance in ancient Athens when he noted, “The intellectual faculties however are not of themselves sufficient to produce external action; they require the aid of physical force, the direction and combination of which are wholly at the disposal of money, that mighty spring by which the total force of human energies is set in motion.” Money, in short, is power because it can requisition whatever resources necessary to accomplish the owners objectives.
As a result, when society surrenders its money to the Financial Elites, it soon loses the media and military to the elite manipulation when they use the easy money to buy them as well. Suddenly, the once free nation has now become a subjugated State where puppet politicians serve the Financial Elites rather than the people. Yes, the Financial Matrix rabbit hole continues to go deeper every time I study it. Even so, I will continue to study and ask the tough questions so long as I have the freedom to do so. Simply put, in a capitalist society, he who controls the money controls the society. Hence, the only way to regain our freedoms is to restore the free enterprise system to money where the price of the commodity (interest rate) is determined by the supply and demand for money in the marketplace.
What can the readers do to help restore freedom? For starters, they can educate themselves by applying the principles taught in the Financial Fitness Program. LIFE Leadership is on a mission to educate the masses around the world on the importance of financial literacy. You will either master money or money will master you. When money becomes your master, the person typically responds by becoming the King or Queen of Denial, claiming the money idol has no control over his/her life while it increasingly enslaves them in a web of debt and despair.
Thankfully, for those who are willing to look honestly at their financial situation, there is a path to freedom. Indeed, the birth of new knowledge begins with an admission of old ignorance. Laurie and I were ignorant in financial literacy and thus had entrapped ourselves in the Financial Matrix. Indeed, it was only once we realized our error that we sought better information to free ourselves from financial slavery.
Maybe 2016 is the year you make the change from debt slavery to debt freedom. If the reader is ready, I suggest you begin by diving into the Financial Fitness Program and start the journey of setting your family free! I hope you enjoy the video below.
“The great question which in all ages has disturbed mankind, and brought on them the greatest part of those mischiefs which have ruined cities, depopulated countries, and disordered the peace of the world, has been, not whether there be power in the world, nor whence it came, but who should have it.”– John Locke – First Treatise of Government
Power, as John Locke inferred, is an omnipresent force in the world. The strong, from the creation of mankind, have ruled over the weak, subjecting them to various degrees of oppression. Although many believe the worst is behind us with the end of slavery and serfdom, this may not actually be the case. For the modern Big Bank/Big State/Big Business marriage, known as Crony Capitalism, has increased the elites’ control over the weak through the power of leveraged debt. This subtle form of coercion (through the fear of debt collectors harassment, mortgage defaults, and bankruptcy proceedings) forces many people into the purposeless quagmire of long hours, loads of stress, and yet little real ownership. In effect, today’s indebted people do not work to own anything but merely work to service debt. This, however, is historically little different than the slave or serf was also coerced into working without owning. No wonder Solomon once wrote, “There is nothing new under the sun.”
Whereas Slavery was a Physical Matrix of control and Serfdom was a Feudal Matrix of control, what should we call the financial subjugation of society? I termed it the Financial Matrix and I believe it’s the elites most powerful matrix of control yet. Why? Because few people even know it exist let alone know how to resist it. While a slave knew he was enslaved physically and a serf knew he was trapped on the lord’s land, few comprehend that debt traps a person to the financial lords. In other words, a person in the Financial Matrix is enslaved and yet believes he is free; in consequence, escaping the web of debt is very difficult because he is not even aware he has been captured. The elites, on the other hand, understood quickly the benefits of the masses feeling free while actually being entrapped by their lack of financial literacy. The Financial Matrix, in other words, ensured the masses worked harder and longer than slaves or serfs were while reaping little longterm rewards. Simply looking at the statistics of the average person’s wealth at 65 is enough to demoralize anyone. How can the masses work that long and have so little to show for it? Simply put, a lack of financial literacy entraps them into the Financial Matrix the benefits the elites and breaks the masses.
The economist Henry Macleod highlighted the power and influence debt money has had upon society when he noted, “If we were asked – Who made the discovery which has most deeply affected the fortunes of the human race? We think, after full consideration, we might safely answer – The man who first discovered that a Debt is a Saleable Commodity.” The importance of Macleod’s statement cannot be overemphasized because until the reader understands its underlying message, he will think I am exaggerating the effects of debt upon people’s freedoms. Nonetheless, no less an authority than Ludwig Von Mises (one of the early members of the Austrian School of free market economics), pointed out the key differences between commodity money and debt money. Mises defined money as simply society’s most in demand commodity (typically silver or gold).
The free market has never chosen paper bank notes as its money of choice freely. Hence, when the banking system discovered they could make debt a saleable commodity, it needed to partner with the State and use its “monopoly of force” to coerce society into using debt money through passing legal tender laws. Not surprisingly, the States gladly accepted the cheap debt money created out of nothing by the Big Banks and then forced society to do the same. This is a win for the Big Banks (massive interest profits) and a win for the States (massive increases in power from access to funds) and a massive loss to society in increasing debt and inflation while decreasing the people’s freedoms. As a result, the Financial elites now control the State and the State controls society (the same old story of the strong oppressing the weak) through the Financial Matrix’s system of control.
Federal Reserve Massive Increase in Fiat Money
Author Felix Martin noted in his interesting book Money, “For credit to become money, sellers must also trust that third parties will be willing to accept the debtor’s IOU in payment as well. They must believe that it is, and will remain indefinitely, transferable – that the market for this money is liquid. Depending upon how powerful are the reasons to believe these two things, it will be easier or harder for an issuer’s IOUs to circulate as money. It is because of this third critical element of transferability that money issued by governments, or by the banks which governments endorse and backstop, is thought to be special. Indeed, there is an influential school of thought – known as chartilism – which argues that governments and their agents are the only viable issuers of money.”
Martin, although brilliant in his historical analysis, is an apologist for the Financial Matrix and supports Statism in monetary matters (State intervention into society’s money). Thus, it’s not shocking he supports the State’s role in legalizing and supporting the creation of debt money. In reality, the State must get involved if debt money is to survive in society, for no one would accept the bank notes without the State’s unnatural coercion. Again, this is nothing less than State coercion over society to for the benefit of the strong (Financial and Political Elites) over the weak (the masses). Interestingly, however, when the State collapses the paper banknotes return to their true value – nothing. State force, in other words, is the only thing that props up the value of the fiat paper notes. A true commodity money, as Mises points out, does not need State intervention to prop up its value because it marginal utility is determined by the market, not a dictating State. All the State needs to do in a free market system is define the amount of gold and silver in its monetary unit. Then, the State should ensure the weights and measurements remain unchanged. Of course, the marginal value of the monetary unit will change as the production and consumer demand for money changes, but the standard itself should never change.
Federal Reserve Bank Notes Increase
The money supply will change slightly as more gold is discovered, but not anything close to the amount it changes in the Financial Matrix. For instance, the total value of the gold and silver mined during the entire time the Spanish controlled its South American colonies was approximately $250 billion. In comparison, the Federal Reserve increased the money supply by $250 billion in digitized debt in just one day during the 2008 Great Financial Crisis. What took the Spanish State over 250 years to accumulate, in other words, the Federal Reserve accomplished in mere milliseconds! Disastrously, the State’s “monopoly of force” is no longer used to ensure justice for its citizens, but rather to ensure Financial Matrix injustice. How do you win an argument against a person who has a gun pointed at your face? No matter how logical or reasonable your position is, the person with the gun always gets his way. In a similar fashion the State always wins an argument regardless of how illogical its position is. 🙂 Does the reader now understand why its absurd to surrender control of the money supply to the Big Banks/Big States Financial Matrix?
Banker apologist, Felix Martin, concluded, “If money was such a powerful invention – such a revolutionary force for the transformation of society and the economy – the next question is obvious. It is one posed with brilliant clarity by the father of English political philosophy. It is to the perennial battle over who controls the money that we therefore turn next.” Martin, in reality, has posed the wrong question. And, when someone asks the wrong question, he rarely receives the right answer. The real question is – why does anyone need to control the money supply? Why not let the market determine the commodity, quantity, and price of money just as it should all other commodities? Isn’t this the definition of a free market and freedom for the people? A free market is where no one controls the supply or price of any commodity within society; instead, the marketplace (consumers) determine demand, supply and price based upon the sum of the individual valuations.
We are fast approaching the end of the road and we only have one fork remaining. Down the current path is the Hayekian road to serfdom while the last for is the path returning to freedom. Unfortunately, most people spend their whole life working for money, all the while, remaining ignorant as to what money is and how personal debt controls them.LIFE Leadership has vowed to right this wrong by by sharing the Financial Fitness Program principles of financial literacy with the masses. I can think of no better way to fulfill my God-given purpose than to take the principles Laurie and I learned to break free from the Financial Matrix and teach them to others. It’s time for LIFE Leadership to set millions of financial captives free!
Still wondering if the gold standard really protected the world’s citizens from increased debt? Here is inarguable data that, in 1971, when President Richard Nixon took America off the last vestige of the Gold Standard (when he killed Bretton-Woods agreement), he launched the debt explosion trapping citizens across the civilized world. For without any commodity to restrict the production of paper money, it becomes a 100% Fiat standard that can be produced without restraint. This is a huge win for the Financial Elites by increased profits and prosperity and a huge loss for society’s citizens by the destruction of their wealth and wellbeing.
LIFE Leadership has a plan to help people escape the Financial Matrix by learning the Defense, Offense, and the Playing Field (what’s the Financial Matrix and how to protect your family). Here is the latest data.
The St. Louis Federal Reserve announced the total US debt (the combination of government, business, mortgage, and consumer debt) in the first quarter of 2014 totaled nearly $59.4 trillion. That’s a boatload of debt! Even at just 5% interest, this amounts to over $3 trillion in interest to service the debt. That’s 3,000,000,000,000 dollars every year!
Compare this to the total debt of $2.2 trillion just forty years ago and it doesn’t take a statistician to recognize something has significantly changed in how society treats debt. Forty years ago, the total debt was less than the interest paid to service the debt today. The debt, unbelievably, has increased more than twenty-seven times in the last forty years! If this doesn’t wake someone up to the increasing debt crisis of Western nations, nothing will.
Fortunately, many people are waking up. Author James Butler is one of them. He wrote in a recent op-ed piece, “In 50 short years, debt has gone from being a luxury for a few to a convenience for many to an addiction for most to a disease for all. It is a virus that has spread to every aspect of our economy, from a consumer using a credit card to buy a $0.75 candy bar in a vending machine to a government borrowing $17 trillion to keep the lights on.”
In other words, households, businesses, and governments (at the local, state, and federal levels) have all been seduced into the web of debt to generate the $59.4 trillion issue. Disastrously, however, it’s the people who end up paying for the debt sins of business and government. Remember, governments do not earn income, but can only income from its citizens. Thus, when government debt expands (surging past $20 trillion now), the people’s taxes are increased in order to pay the growing amount of interest due. Has anyone else noticed how much money is taken out of their paychecks in federal, state, and local taxes? Moreover, when Social Security, property taxes, and various licensing fees are added in, it’s no wonder most people must borrow to live.
Finally, let’s not forget about the corporate debt that amounts to nearly $20 trillion in the United States alone. In order to service this debt, corporations increase the price of the products and services they sell. In other words, a company’s increased debt equates to consumers increased prices. For a company merely combines its corporate taxes, social security taxes, and interests on debt into its other cost to arrive at the price it can sell its product and still make a profit. Shockingly, the already overloaded households must pay, not only for its own lack of fiscal restraint, but also for the corporations’ and governments’ lack of restraint as well. Perhaps a visual representation of the Financial Matrix debt trap will help emphasize the importance of living debt-free.
Society developed money to make trade easier between its members. Real money is simply the most marketable commodity within a society. For the most marketable commodity is in high demand and is generally accepted by all parties; consequently, over time, the most marketable commodity becomes the preferred medium of exchange. Of course, this is just another way of saying the most marketable commodity becomes society’s money. Without exaggeration, money is one of the greatest inventions in the history of mankind because it greatly increases the amount of win-win exchanges.
How does it do that one might ask? Because money allows all goods to be rated using the same monetary units which makes valuation of each item much more convenient. This leads to quicker agreement on win-win exchanges compared to the older and less convenient bartering process. It’s easier, in other words, to trade excess eggs for its money market price and then buy bacon at its money market price rather than barter with every customer over how many eggs is bacon, milk, or even a chiropractic adjustment worth. Money simplifies the exchange process for all members in society; thus, it increases the amount of exchanges occurring. As a result, the division-of-labor and subsequent production and wealth for society’s members greatly increases.
Gold and Silver appear to be mankind’s preferred money because the commodity is in demand outside of its potential use for money, is easily divisible, and is extremely durable (coin collectors have many specimens over 2,500 years old). Of course, as the marketplace within society grew, the time and cost associated with moving precious metal coins from one location to another also grew. Predictably, the marketplace developed a solution to this challenge by creating modern banking. Instead of transferring the physical gold or silver, a bank would create a title or metaphysical representation of the physical precious metal. The paper claim (bank note) would allow the recipient to either receive the said amount of precious metals for the bank note or just exchange the bank notes to others in exchange for goods.
This allowed business to be carried on in others cities without having to physically move the gold or silver. So long as the banks ensured the paper titles represented actual physical gold in the banks, the system worked wonderfully. Unfortunately, however, it didn’t take long for the banks, once they had established a reputation of integrity and trust, to start printing more paper notes than the had precious metals backing them. This resulted in the birth of fractional-reserve bank notes – metaphysical banknote money backed by only a fraction of the physical precious metals the notes allegedly represented.
In essence, banks began printing more banknotes supposedly redeemable in precious metals even though the banks did not have enough gold/silver on hand to do so. Naturally, this increased banker profits exponentially but also caused rapid inflation from more not circulating within society. Furthermore, as bank members discover the bank’s fraud, they respond by returning the banknotes and demanding precious metals. Of course, this only works for the early returners of the fiat paper because the precious metals are quickly depleted and the bank collapses. The numerous remaining banknotes, allegedly redeemable in precious metals, are now worthless since the bank pledging to redeem them has bankrupted itself by falling for the something-for-nothing temptation of the fraudulent fractional-reserve-banking system.
This process of collective banknote redemption by the banks members is called a bank run. Although the banks feared and hated this scenario, it is merely society’s natural response to the banks unnatural behavior. For how can a paper note, that is supposed to be simply a representation of the physical money (precious metal), now be passed off as the actual money? This is no different than a seller of land printing multiple paper titles to his land and selling the paper titles to different buyers to reap multiple profits from multiple sales. Indeed, the main difference in the two frauds is that most land title holders will eventually want to see the physical land backing the title where few banknote holders (unless they lose trust in the bank) ever request to see the physical precious metals backing the note. The other difference, ironically, is the seller of multiple land titles (representing the same land) will be prosecuted for fraud while the seller of multiple banknotes (representing the same precious metal) will be protected by the government.
How did the banking system manage to convince governments to support fractional-reserve banking (FRB) fraud when similar practices in any other field are punished severely? Why would governments across the world support such an unethical behavior Perhaps the simplest answer is that all governments are insatiable in their desire for more money and power. The banks offer governments the philosopher’s stone of creating money out of thin air through the ‘joys’ of fractional-reserve banking. The government, in other words, supported the banks fraudulent activity because the banks happily agreed to loan copious amounts of fractional-reserve banknotes to the government. This is an ignominious alliance where the banks gain extra profits by creating money out of thin air and the governments gain extra power by borrowing the FRB funds. As a result, both the banks (profits) and governments (power) benefited while society paid the bill through the predictable inflation, boom/bust cycles, and lost liberties.
Absurdly, the monetary madness gets even worse with the beginning of World War I. For before the first World War, the bank notes at least had to be redeemed in gold or silver when demanded by the owner of the notes. Governments, however, knew this would be impossible to do during a war where billions of extra banknotes were create to fund the war without without the backing of any precious metals. As a result, the European governments ended the gold standard and permitted banks to no longer redeem the metaphysical banknotes into the physical precious metal. This was the beginning of fiat money – paper notes not backed by any precious metal but only by the coercion of government.
Fiat paper notes backed by government coercion knocked out the last connection between the metaphysical paper and the physical money. From now on, the central banks would create fiat paper and call it money. Then it allowed the big banks to pyramid fractional-reserve-banking on top of the fiat notes to multiply the money supply ten, one hundred, and eventually thousands of times over the actual commodity money. The purchasing power (amount of production each monetary unit can purchase) decreased disastrously as inflation increased the cost-of-living to unheard of levels.
Fiat paper money allows the banks to create money at will and profit on the loans to governments, businesses, and families. Meanwhile the government supports the FRB fraud by declaring the paper legal tender good for all taxes and monetary exchanges even though it is not backed by any physical precious metal commodity. Fiat money, in effect, is the victory of the governments and banks to replace the physical commodity money society developed with a metaphysical counterfeit that has no physical commodity backing whatsoever. Indeed, the only reason the banks can get away with this scheme is they have purchased government’s support (by loaning FRB money to it) and then using government’s monopoly of force to coerce society into using its funny money. The government has mandated acceptance of the banking system’s fiat paper money and punishes anyone who refuses to do so. Welcome to the wonderful world of fiat money. 🙂
“The trouble with paper money is that it rewards the minority that can manipulate money and makes fools of the generation that has worked and saved.” – George Goodman
The philosopher’s stone was mankind’s quest to turn base metals into gold. Although there were several reasons for the quest, the main one was to increase the power of the sovereigns over their people. Kings and princes encouraged and rewarded alchemists from the Middle Ages to the end of the 17th century in the effort to discover the philosophers stone to no avail. Unfortunately, however, mankind discovered an easier way to turn valueless material into gold, namely fiat paper money and fractional-reserve banking. I cover the basics of these two processes in my book The Financial Matrix, but I wanted to share from Jack Weatherford’s informative book The History of Money to convey just how confused most people are about money. These are blue quotes are from Weatherford’s book with my comments below. Sincerely, Orrin Woodward – LIFE Leadership Chairman of the Board
Nero Debases Roman Coins:
Nero began to tamper with the coinage itself. In A.D. 64, in a naive attempt to deceive the populace, Nero decreased the silver content in the coins and made both the silver and gold coins slightly smaller. By collecting the existing coins and reminting them with his portrait bust but less silver, Nero produced a momentary surplus of sliver and gold. The same pound of silver that had formerly produced 84 denarii now produced 96, giving Nero almost a 15 percent ‘profit.’ He similarly increased from 40 to 45 the number of golden aurei manufactured from a pound of gold, thus rendering the coins about 11 percent less golden.”
Nero attacked private property by manipulating the measuring scale of money. Instead of a certain amount of silver making 84 denarii coins, it now made 96 denarii coins. The measure of how much silver in each coin was arbitrarily changed by the sovereign. This attack on private property is no different than the State owing a certain merchant 100 pounds of gold, and then paying the merchant only 50 pounds of gold. When the merchant complains, the State points to a new law that has changed the pound to half its former weight. Therefore, the State did pay 100 pounds of gold, but changed the definition of the pound to steal half the value of amount owed. In a sense, the State debased the weight of the pound just as Nero debased the denarii coins.
Law of Inertia: If Bad Behavior is not Punished, it Expands:
Roman Coin Fraudulent Debasement = Inflation
Thus over the course of two hundred years, the silver content was cut from nearly 100 percent to virtually nothing. The amount of silver previously used to mint a single denarius eventually produced 150 denarii, and as the silver content decreased, the price of good increased in direct proportion. Wheat that had sold for one-half a denarius in the second century increased to 100 denarii a century later, a two-hundred fold increase.
If the State is allowed to arbitrarily change the monetary units at will, inflation occurs and the price system quickly accounts for the debased purchasing power of the monetary unit. The State receives the benefit of the inflated money first, but they do so at the expense of later users of the money who now need more monetary units to buy the same production as previous. This is fraud perpetrated by the State upon society and one of the main reasons Rome fell. The people lost trust in the money supply because the State could not stop debasing the dollar to benefit itself. Accordingly, the late Roman empire devolved backwards to payment in kind and landlords protecting people rather than State. Once this occurred, society could no longer support the bloated State and the Roman Empire collapsed under its own weight.
The Roman Empire Kills Its Money:
In the last centuries of the Roman Empire, the emperors operated without a workable currency; like the ancient empires that had preceded it, Rome turned to conscription and forced labor to meet its needs. The government often would not allow its citizens to pay taxes in the debased money that it still issued; instead, officials demanded payment in good, crops, or labor. . . As tax (and monetary) policies continued to suppress productivity and commerce, the emperors found it increasingly difficult to supply their armies and the bureaucracy with the equipment and goods necessary to rule the far-flung but diminishing empire. The markets had withered; even the emperor could no longer depend on the open market to supply him with the sandals, armor, weapons, saddles, tents, and other goods that an army needed. Out of desperation, Diocletian created government-sponsored workshops to manufacture armaments and supplies. As privately financed shipping and other transport enterprises declined, Diocletian also had to create government transport companies to move the goods that were manufactured in the workshops. Well before the end of the third-century, these changes made the emperor and the government the greatest manufacturers in the empire, in addition to being the largest owner of land, mines, and quarries. Step by step, the imperial government took over the direct administration of the economy and crowded out the small, independent merchants, landowners, manufacturers, and entrepreneurs. . . By its last decades, Rome had become another state-administered economy, an empire without money and markets. It had reverted to a palace system more like that of pharaonic Egypt or imperial China than that of the republican system on which it had been built.
Rome fell because as the State expanded, it destroyed the monetary system and thus the commercial system that used it as the medium of exchange in trade. Through increasing inflation and taxation the State killed society to feed the growing bureaucracy and military. The originally thriving Roman society provided a level of systematic justice unknown to previous empires eventually became just like the other empires as it killed the monetary system through repeated unjust debasements and the commercial society reverted to a command and control empire without money. The Roman Empire died, in other words, when its money did.
Fractional-Reserve Banking is Fraud:
Under the new system a bag of a hundred florins that might once have sit idle for years in a noble’s strongbox could now be deposited for safekeeping in an Italian bank that had access to branches across the continent. The bank then lent the money and circulated the bill of exchange as money. The noble still had his one hundred florins, which were now one deposit in the bank; the bank had one hundred florins on its books. The merchant who borrowed the florins was richer, and the person who held the bill of exchange now had one hundred florins as well. Even though only one hundred gold coins were involved, the miracle of banking deposits and loans had transformed them into many hundreds of florins that could be used by different individuals in different cities at the same time. This new banking money opened vast new commercial avenues for merchants, manufacturers, and investors. Everyone had more money: it was sheer magic.
Actually, it is not sheer magic, but sheer fraud. In a nutshell, the banks creates a metaphysical representation (bank notes) of the actual money (precious metal commodity florins). This would be fine if there was only one banknote to represent the same commodity money, but fraudulently, the banks through FRB create multiple sets of banknotes to represent the SAME bag of florins. This is no different than a bank selling 10 people the same physical property by creating 10 separate metaphysical property titles to represent the land. Of course, in the property example, the fraud would be exposed because the owners would eventually show up at the property and realize, along with the the other “owners” of the property, that they were duped by duplicate property titles created for the same physical property. In the same way, the bank creates duplicate banknotes to represent the same physical commodity money. This is FRAUD. In the banknote example, however, all parties can use the banknotes representing the same bag without being aware that the others also have banknotes that represent the EXACT same physical bag of money.
Of course, this violates the laws of Logic. For two people cannot 100% own the same item at the same time and two people cannot be in the same spot at the same time. In a similar fashion, two people (let along 9 or 10 than FRB legally allows) cannot both have banknotes that metaphysically represent the same bag. Because this “magic” (read fraud) is allowed, the money supply is expanded metaphysically even though the physical money hasn’t changed size, just like the land was metaphysically expanded by the fake titles even though the physical land has not changed. Unfortunately, the scam is rarely detected because the banknotes are just transferred from person to person without anyone realizing their are counterfeit not not backed by real commodity money. The result is huge bank profits, huge societal inflation, and indebtedness for governments, businesses, and people. Of course, another result is the predictable boom/bust cycle that bankrupts many others when the money supply deflation from its previous inflation.
Fractional-Reserve Banking (FRB), in other words, is modern man’s solution to the Philosopher’s Stone. Add to it the Central Banks special privilege to purchase items by creating banknotes not backed by anything and one can see that the modern day elites have accomplished what the middle-age kings and princes only dreamed of – creating fools gold, but having the legal right to pass off fool’s gold as real gold and enslave the people in the process. The is the Financial Matrix! Like I said previously, the modern golden rule reads: He who controls the fool’s gold controls the fools.
A big secret to life is when you discover that learning is just as enjoyable as entertainment is, but with long term benefits. – Orrin Woodward
In the process of researching for my second book in the And Justice For All series, I stumbled across one of the most profound descriptions of the importance of education in a person’s life by Professor Ernest Barker. As I read the words below, I realized how important LIFE Leadership is in improving society. For LIFE helps people focus on achievement through a process of eliminating debt and building a community through serving others by pursuing wisdom and leadership. In effect, the size and speed of the results achieved is a measurement of the wisdom applied to their life and business. The Bible teaches clearly that all true wisdom begins with fear of the Lord and that Christians should seek righteousness and all others things will be added.
Unfortunately, however, few people apply these Biblical lessons consistently. Despite the numerous historical examples of people who applied Biblical wisdom to life and were blessed beyond measure, many still chase money rather than wisdom. In a capitalistic system, money flows to those who apply wisdom to business, but the reverse of this is not true – wisdom flows to those with money. For instance, Laurie and I have many monetary blessings, but none of these satisfy like sharing wisdom with others to stimulate breakthroughs in mentoring sessions or the “aha” moments of self-discovery when the veil of ignorance is removed and one sees clearly the principles to apply to move ahead. Indeed, once a person becomes a seeker of knowledge, he will never be bored again because there is always more wisdom to learn and apply. I love my life and wouldn’t trade places with anyone else because I have been blessed with the leisure to learn and grow. Even more importantly, I am blessed to share what I have learned with other hungry students seeking wisdom in life.
The Financial Matrix is a system of control designed to enslave people in their own ignorance. Hence, if one wished to escape the matrix, one must escape not only physically, but also mentally. To do this, a person must build a business asset to buy back his time because only then will he have the leisure to invest in a self-directed education to develop wisdom. LIFE Leadership is the vehicle to accomplish this where people can live their dreams by losing their debt? However, living your dreams requires a plan and a willingness to work hard. What is the reader’s plan to develop wisdom and seek righteousness? These two steps are foundational to having everything else added unto him to live his/her dreams. I pray you achieve all the success you earn.
Our modern economic society, we have seen, requires leisure and education as its complements and its correctives. They are two things which should go together. Leisure is a time to be devoted — not wholly, for the body has its claims to relaxation, and the mind too needs its gentle indulgences ; not wholly, but at any rate largely — to the purposes of education and the gaining of that knowledge, not to be acquired in the course of work, ‘which brings wisdom rather than affluence.’ Education, on the other hand, should be a training — not again wholly, but at any rate largely — in the right way of using leisure, which without education may be misspent and frittered away. This vital connexion between leisure and education is a fundamental thing. Unless we grasp it, we are in danger of abusing leisure and misusing education. And in order that we may grasp it, it is necessary that we should have a right conception of the meaning of leisure;
One of the old Greek philosophers made a distinction which may help us here. He thought that we ought not merely to distinguish between work and leisure, but also to distinguish between leisure and recreation. Work, he thought, was something done not for its own sake, but as a means to something else — affluence, let us say, or at any rate subsistence ; recreation was rest from work, which took the form of play, and issued in the recovery of the poise of body and mind, disturbed and unbalanced by work ; but leisure was a noble thing, and indeed the noblest thing in life ; it was employment in some activity (we may almost say some form of work) which was desirable for its own sake such as the hearing of noble music and poetry, intercourse with friends chosen for their worth, or the exercise of the speculative faculty.
In this fine sense of the word, we may say that we live for leisure ; that it is the end of our being, which transcends work and far transcends recreation ; that it is the growing time of the human spirit, which in its leisure from necessary toils, and the necessary recreations they entail as their counterpoise, can expand in communion with its own thoughts and with the thoughts of others and with the Grace of God. The sad thing about modern English society is that there is so little leisure in this higher sense. It is not only that we work so hard : it is also that we play so hard. Perhaps the monotony and uniformity of work sends us in reaction to the hazards of games, or the excitement of watching them, or the still greater excitement of betting upon them : perhaps the urban aggregations in which men now live make them unhappy unless they are crowding together to some common game or spectacle.
Whatever the reason, poor leisure is far too often out in the cold, while recreation is romping about all the rooms in the house. One need be no kill- joy or Puritan to think or talk in this strain. Life is something more than a series of alternate layers of lean work and fat hearty play. It is meant for the growth and development of the human spirit. And that growth needs its growing time, which is leisure. If leisure be largely for education, education is also largely for leisure. We too often think and speak of education as something intended to fit us for life’s work. Ideally, it should rather be intended to fit us for life’s leisure. I do not mean that education should be humane rather than vocational.
Education may be humane, and yet directed to work and the better doing of work. I mean something more — that education should mean the filling of our mind with interests and possibilities of high delight, which we can develop for ourselves in all our leisure hours ; that it should be an initiation in the tastes and pursuits which will crown our leisure with fulfilment ; in a word, that it should be a training and a preparation for the right use of the time of the spirit’s freedom. Perhaps education has not hitherto been sufficiently adjusted to this end. Perhaps, if it had been, it would have been directed more to the awakening of a taste for art and music, in order that they might become the permanent possession and the abiding joy of later years.
Be that as it may, it is surely true that education is a necessity if men are to gain the faculty of using leisure easily, happily, and fruitfully. The use of leisure is a difficult thing. The majority of us, when freedom is given into our hands, fly to the excitement of some form of recreation. We must be ‘doing’ something — preferably something physical : if we are not, we are lost and without resource. We know the routine of work : we know the rules and the routine of different forms of play ; but we do not know how to move freely, originally, and by our own choice in the world that lies above work and play — the world of leisure. This is why holidays sometimes pall, and leave us at a loss : it is why men who have retired from work sometimes fall into melancholy, and find their reason for living gone.
Leisure without faculty for its use may even be a mother of mischief; men may dissipate themselves in frivolities, and worse than frivolities, because they do not know how to concentrate themselves upon better things. A society which guarantees leisure is guaranteeing something which may be useless, and even dangerous, unless it adds, or at any rate encourages its members to add, the one thing which will enable the gift to be used — a continuous process of education.
The world offers to the mind of man many noble joys. There is a joy in knowing the flowers of the field, and calling them by their names. There is a joy in knowing tlie heavenly bodies which move above us, and in understanding the rhythm and the rules of their motions. There is a joy in knowing the past of our kind, and in unrolling the long record of human history which explains what we are to-day. There is a joy in entering into the vision of the poet and painter, who have seen the ideal beauty which is hidden from ordinary eyes. There is a joy in wrestling with the thought of great philosophers, who have pondered about the why and wherefore of this mortal world and our mortal existence in it. These are the joys of leisure ; and leisure is the growing time of the spirit because it is the time of these joys. But it needs an effort to catch these joys ; and you cannot catch them without hooks of apprehension.
You must know a little in order to want to know more. Blank ignorance is blank incuriousness, but a little knowledge may be the opportunity and the incentive for more knowledge. The facts presented to mere ignorance are facts which there are no hooks to catch ; but when a mind has had some little training, it develops tentacles of apprehension ; it is anxious to seize new stuff, to arrange it and co-ordinate it with the old stuff which is already there, and so to make a little systematic world of its own for its own high delectation. The mind which is furnished with these tentacles and hooks of apprehension is a mind which will never be embarrassed or dumbfounded by leisure.
It will begin to play at once, in the nobler sense of the word play: the hooks will grip more and more of things seen and unseen into its consciousness ; and in the growing time there will be growth. When we say, therefore, that education is a preparation for the enjoyment of leisure, we mean that it is an equipment of the mind with these hooks and tentacles, these curiosities and appetites. And from this point of view we may see that there is a large sphere for the education of the adult, and that education is in no sense only the concern of childhood. The child learns at school ; but the child learns at a time when real experience of life has not yet begun. He learns, and is often curious to learn ; but what he learns cannot be co-ordinated with, or grappled into, a first-hand experience, because such experience has not yet begun to be gathered.
When he goes out into the world, and begins to gather experience, that experience may seem to him the one essential thing, and the school time lessons may fade away into the outgrown occupations of a vanished childhood. It is at this age — the age of adolescence, young manhood and young womanhood — that everything turns on the rescue of young minds from being immersed in mere experience. It is now that they need to recover curiosities, and to be furnished with hooks and tentacles of apprehension, by which they can capture a knowledge which can now be co-ordinated with experience. History, for example, is one thing to a child — a record of exciting events which satisfies curiosity : it is another thing to an adult — a record of the moral experience of men and nations which can be compared with and interpreted by the moral experience which the adult has himself gone through.
But unless, in adolescent and adult years, the curiosity be reawakened and recovered, the adult mind may remain immersed in its own more immediate experience ; and the high contemplation which lifts it above such experience, and yet explains and interprets that experience, may never be attained. Adolescent and adult education are in this way of primary importance, if man is to rise to that height of his being in which he uses leisure for the purpose of contemplation of the world, in order to explain it, and his own experience of it, and to attain to the justification of faith in its purpose and operation.
The perpetual booms and bust we see in Capitalism are not caused by the free market. Rather, they are the direct result of interventions in the natural rate of interest by Big Banks and the State (yes, it’s the dreaded Financial Matrix). These centrally planned interventions into the free markets cause the booms and bust, but in an ironic twist, the free market is blamed when the predictable dismal outcome occurs. Hence more central planning is proposed to fix the allegedly broken free market. The illogicalness of this argument almost makes me lose my emotional intelligence. 🙂
For it reminds me of the story of a drunk suffering from a hangover who blames his pain, not on too much drinking, but rather believes his body’s natural systems are imbalanced. Thus, he surmises to drink even more because he must make up for his body’s deficient natural system. When the pain goes away temporarily, he proclaims his intervention successful because he is pain-free. Unfortunately, the party (boom) always ends and when tomorrow morning hits, the cycle will repeat itself with even more rationalizations about the inherently unstable bodily systems and the need for more drugs. Of course, this leads to even worse cycle of temporary joy and longterm pain until the drunk either wizens up or dies. I wish I were exaggerating here, but the drunk’s logic is the same as our modern day politicians and economists (owned mouthpieces of the Financial Matrix controllers) who increase interventions into the economy which cause increasingly disruptive boom/bust cycles.
Nonetheless, further government intervention within the free market is always the answer when the previous intervention fails. Regretfully, many seemingly intelligent people buy into this line of thinking because it is promoted across the mainstream media outlets by the hired hands of the elites. As for me, I could care less how many “authorities” state their opinions because no matter how many people with whatever titles say something foolish, it’s still foolish. Even a majority doesn’t change this because foolish plus foolish is foolish, not wisdom. As an aside, if anyone is seeking rational discussion on this subject, he or she need look no further than de Soto’s fantastic book on money, banking, and business cycles displayed on this blog post.
To wet your appetite, I will attach a short description of the Austrian Business Cycle theory that I found online. In my nearly 15 years of research into the Austrian School of economics, I have not found an economic philosophy that reasons clearer and states the facts better regardless of the political costs than this group does. LIFE Leadership is on a quest for truth and the Austrian School has much truth to share.
The article below was written by Ben Best and describes the Austrian Business Cycle Theory:
Austrian Business Cycle
Austrian analysis asserts that in a world of hard money and free banking, the inflationary forces of credit expansion due to fractional reserve banking would not exist. If banks were warehouses of commodity money — gold, for example — then currency would consist of bank notes representing claims on the gold held by a bank. Any bank that made loans in excess of its reserves (fractional reserve banking) would soon find itself insolvent when other banks demanded hard money in exchange for checks & banknotes issued by that bank. This effect on banks is entirely analogous to the effects on countries that occurred after World War I when most nations attempted to implement a fractional reserve gold standard for their currencies. Countries issuing large amounts of currency backed by small amounts of gold found themselves in trouble when other countries sought to exchange currency to obtain gold. (See History of Modern Monetary Standards.) Banks in a free banking system would face similar pressures against fractional gold backing for their banknotes.
According to Austrian Economists, fractional reserve banking only became possible through the outlawing of private money and the creation of central (ie, government-controlled) banks — which allowed governments to control money supply and bank credit expansion.
In a free market interest rates are determined by subjective time-preference and the supply & demand of loanable money. If there is a low rate of savings the quantity (supply) of loanable money will be low and competition for this money (demand) by potential borrowers will result in high interest rates. High interest rates will encourage more savings and thereby bring the price of loans (interest rates) downward. As with supply & demand for any good or service, a free market will find a “clearing price” for the supply & demand of loanable funds. This clearing price is the natural rate of interest.
The natural rate of interest plays an extremely important role in the capital structure of an economy. Entrepreneurs/capitalists base decisions on whether to begin long-term capital projects based on interest rates. If interest rates are low, then borrowing to build a new factory, invest in a telecommunications network or assemble the capital goods for a new business venture appears feasible. Supply & demand of loanable funds will respond gradually to adjustments in business activity. If business investment (competition for loanable funds) rises, so too will interest rates — reducing borrowing for investment.
Central bank control of money & short-term interest-rates in national economies is at the root of contemporary business cycles. (For background on the mechanics of short-term interest-rate manipulation by central banks, see Money-Creation by Banks and A “Managed Economy” Under the Federal Reserve System.) When central banks artificially lower short-term interest rates below natural market levels, this results in two major distortions in capital markets. First, those who would save money receive less than the natural rate of interest — and this disincentive to save actually reduces the amount of loanable funds in real (as distinct from nominal) terms. Second, those who would borrow money for large capital projects are paying less than the natural rate of interest — thus encouraging borrowing investors to believe that capital projects are more sustainable than they really are.
Artificial lowering of interest rates by central banks is thus accompanied by expansion of the money supply — resulting in an artificial stimulus to spending for both consumer goods and capital goods. This artificial stimulus results in an inflationary boom which is not sustainable. Central banks are ultimately forced to raise short-term interest rates to counteract the inflation, resulting in a bust. Supporters of central bank monetary manipulation justify the practice as a means of leveling-out the business cycle when, in fact, central banker monetary manipulation is the cause of the business cycle!
In the 19th century, when money was based on gold & silver rather than government fiat, economic growth was mildly deflationary — because increased productivity lowers production costs. Inflation follows from government expansion of money supply and is not the result of an “overheating” economy that is growing rapidly. A distinction should be made between non-inflationary economic growth due to enterprise & technology and inflationary unsustainable booms due to central bank interest-rate cuts. Lack of clarity about this distinction has misled many economists into believing that there is an upper limit to growth (about 3%) above which growth is inflationary and unsustainable. Artificially low interest rates increase consumption spending, reduce incentives to save and increase investment spending with new fiat money that creates the illusion of new wealth. After having expanded the money supply with credit-expansion, central bankers worry that economic growth is “overheating” the economy, and the bankers then increase interest rates to “fight inflation”.
“The only man who sticks closer to you in adversity than a friend is a creditor.”
It’s impossible to consistently win in any endeavor without a plan. Unfortunately, most people in life do not have a financial plan; therefore, they struggle financially. The Financial Fitness Program is a step-by-step plan to help someone develop a plan for defense, offense, and understanding the playing field (The Financial Matrix) of financial success.
Why start at zero and have to spend years learning the principles of financial success when a person can invest $99 dollars and have access, not only to a winning financial plan (thousands have eliminated their credit card debt), but also the LIFE Leadership community to help one stay accountable to his/her goals and dreams? Life is tough inside the Financial Matrix. That is why a supportive community of people with the same objective – to escape the Financial Matrix – is so vital.
Here is a segment of a talk I gave in Wisconsin on the importance of having a plan, working the plan, and persisting in the plan until victory.
The ownership and control of the Mass Media is one of the key ingredient in the ruling elites plan for control of Western Civilization. Most of the news, as a result, fits the “manufactured” world-view that the elites have carefully constructed for mass consumption. Before you think I have gone off the deep end, let me share some of thoughts from some of the best minds of the topic of media and control. Austrian economists Joseph Salerno described the ruling elites agenda in his brilliant introduction to one of Murray Rothbard’s classic works on money:
The ruling class, however, confronts one serious and ongoing problem: how to persuade the productive majority, whose tribute or taxes it consumes, that its laws, regulations, and policies are beneficial; that is, that they coincide with “the public interest” or are designed to promote “the common good” or to optimize “social welfare.” Given its minority status, failure to solve this problem exposes the political class to serious consequences. Even passive resistance by a substantial part of the producers, in the form of mass tax resistance, renders the income of the political class and, therefore, its continued existence extremely precarious. More ominously, attempts to suppress such resistance may cause it to spread and intensify and eventually boil over into an active revolution whose likely result is the forcible ousting of the minority exploiting class from its position of political power.
This is why the elites capture the society of every nation following the same 3M formula – Money, Media, Military. First, the ruling elite captures the Money supply, then it purchased the Mass Media, and finally, it buys the politicians to use the nation’s Military for its egregious ends. Is anyone surprised that the ruling elites, once they have captured the Money supply, would quickly use the fake money to buy controlling interest over the Mass Media. For the role of the Mass Media is to persuade the “dumbed down” people that society needs the ruling elites oversight. To illustrate, has anyone else noticed how often the Mass Media quotes intellectual experts to prove the validity of its messaging? Of course, what’s not revealed is that nearly all these so called experts in the university/corporate system are also bought and paid for by the ruling elites. Salerno, again, explained this phenomena:
Here is where the intellectuals come in. It is their task to convince the public to actively submit to State rule because it is beneficial to do so, or at least to passively endure the State’s depredations because the alternative is anarchy and chaos. In return for fabricating an ideological cover for its exploitation of the masses of subjects or taxpayers, these “court intellectuals” are rewarded with the power, wealth, and prestige of a junior partnership in the ruling elite. Whereas in pre-industrial times these apologists for State rule were associated with the clergy, in modern times—at least since the Progressive Era in the U.S.—they have been drawn increasingly from the academy. Politicians, bureaucrats, and those whom they subsidize and privilege within the economy thus routinely trumpet lofty ideological motives for their actions in order to conceal from the exploited and plundered citizenry their true motive of economic gain.
As I researched the Mass Media’s influence within society, I think I was most shocked by the elites’ level of hubris. For instance, Walter Lippmann, the two time Pulitzer Prize winning journalist and author, wrote one of the classic works on why the Mass Media must manipulate public opinion. In the appropriately named book, Public Opinion (1922), Lippmann described the masses as a “great beast” and a “bewildered herd” that needed the governing class to direct them. Not surprisingly, he defined the ruling elite as“a specialized class whose interests reach beyond the locality.” Lippmann believed the ruling elites (a class of experts, specialists and bureaucrats) needed to circumvent the primary defect of democracy, the impossible ideal of the “omni-competent citizen.” In effect, the “bewildered herd” is mesmerized by the ruling elites into being merely “interested spectators of action,” rather than active citizens. Lippmann explained that participation should only be for the “the responsible man”, not the regular citizen.
The Mass media, subsequently, is no longer about reporting facts or highlighting competing visions for the future. Rather, it is used to produce ruling-elite approved propaganda to mislead the public into supporting initiatives that benefit the elites at the masses expense. Lippmann even coined the term “manufacture of consent” to explain how the elites manipulate public opinion through Mass Media. In other words, the Mass Media reports what the ruling elites want you to believe, not what necessarily is the truth. But don’t take my word for it, let’s have Lippmann explain “manufacture of consent” in his own words from his book, Public Opinion:
That the manufacture of consent is capable of great refinements no one, I think, denies. The process by which public opinions arise is certainly no less intricate than it has appeared in these pages, and the opportunities for manipulation open to anyone who understands the process are plain enough. . . . as a result of psychological research, coupled with the modern means of communication, the practice of democracy has turned a corner. A revolution is taking place, infinitely more significant than any shifting of economic power. . . . Under the impact of propaganda, not necessarily in the sinister meaning of the word alone, the old constants of our thinking have become variables. It is no longer possible, for example, to believe in the original dogma of democracy; that the knowledge needed for the management of human affairs comes up spontaneously from the human heart. Where we act on that theory we expose ourselves to self-deception, and to forms of persuasion that we cannot verify. It has been demonstrated that we cannot rely upon intuition, conscience, or the accidents of casual opinion if we are to deal with the world beyond our reach.
Lippmann, however, was not alone in revealing the ruling elites plan at the beginning of the 20th century. Although the ruling elites have learned to be more careful, it still isn’t too difficult to piece together their revealed agenda. Perhaps no one was clearer than Edward Bernays, the nephew of Sigmund Freud and father of “public relations”. Without apology, he applied his uncle’s teaching and techniques to alter the subconscious of the customers of his client’s product to encourage a buying decision. Bernays boasted of his ability to control the masses in his ruling elite classic book Propaganda:
The conscious and intelligent manipulation of the organized habits and opinions of the masses is an important element in democratic society. Those who manipulate this unseen mechanism of society constitute an invisible government which is the true ruling power of our country. We are governed, our minds are molded, our tastes formed, our ideas suggested, largely by men we have never heard of. This is a logical result of the way in which our democratic society is organized. Vast numbers of human beings must cooperate in this manner if they are to live together as a smoothly functioning society. Our invisible governors are, in many cases, unaware of the identity of their fellow members in the inner cabinet.
The final example of Mass Media control is my personal testimony. It was 2008, in the middle of a multimillion dollar legal dispute between a billion dollar company and the top leaders of my company, when I was contacted by Forbes Magazine. Needless to say, I was shocked to hear this large corporate magazine (that reports upon billion dollar companies) wanted to write about a leadership company which barely surpassed 40 million dollars at the time. When I first asked the reporter why she picked us, she replied she was interested in network marketing and the leadership and Christian principles I utilized. I thought this was odd but naively agreed to help. After interviewing me for over six hours, she had the gist of our business, the dispute with our former supplier, and any supporting evidence I had. Strangely, over the course of our discussion, it came out that she knew nothing about network marketing (the business I was in), had never heard of John Maxwell (the number one leadership trainer and author), nor had ever heard of Pastor Bill Hybels (the pastor of one of the largest churches in America (even though she lived in Chicago where his church is located) who had selected Chris Brady and my NY Times bestseller Launching a Leadership Revolution as one of his best books for 2007.
Curious, I asked her why she would do an article about three subjects she admittedly knew nothing about. At first, she started explaining that her superiors asked her to write it, but then I think she realized this wouldn’t jive with what she previously had said. She abruptly broke off the conversation and simply said she was doing her job. Of course, now I realize the article could have been written without interviewing me at all since it included practically nothing from what we discussed. Something, however, wasn’t adding up. Why would someone write a nonsensical article in a major magazine on subjects she admitted to knowing nothing about nor have any interest in? I smelled a rat. Several months later, I found the rat. In the strangest of coincidences (I smile when I say that 🙂 ), I discovered the company I was in the legal dispute with had run expensive centerfold advertisements in Forbes magazine. Whoa! Now I understood how Mass Media manufactures consent first hand. 🙂
Nevertheless, one of the key lessons a leader learns on his journey is how to turn the lemons of life into lemonade. In this case, my personal exposure to Mass Media shenanigans led me to study the role of media in controlling what and how people think. This eventually led to the Financial Matrix through the control of Money, Media, and the Military. With our liberties at stake the masses can and must learn to think for themselves. And, despite what the ruling elites have done to “dumb down” our educational system, the people are still capable of learning, doing, and teaching leadership. In fact, I believe the key to breaking the Financial Matrix is for a group of men and women to launch a leadership revolution through serving others rather than manipulating or coercing as the elites do. While this isn’t an easy task, I know it’s possible because I have spent the last 20+ years of my life helping people lead themselves, their families, and their businesses.
I reject the theory that the masses are sentenced to be part of the “great beast” the “bewildered herd” which must leave all the thinking to the elites. Instead, the LIFE Leadership founders created a company that believes everyone is called to lead wherever they are and can with the right information applied consistently. Don’t be scared of the word leadership, for it merely means serving others. We can all do that. I cannot imagine a better purpose to fulfill in life than building LIFE Leadership and helping people break free from the “bewildered herd” that are trapped in the Financial Matrix.
The Financial Matrix has captured nearly everyone within its web. The system of control works by seducing people into debt by “easy” monthly payments. The monthly payments accumulate until the people can no longer afford their own opinion. Instead, they must do the bidding of their creditors because, as the Bible stated long ago, “The borrower is slave to the lender.” The Financial Matrix book explains this is much more detail for those who haven’t read it.
I am not saying that the loaning and borrowing of money, in itself, constitutes a scam. For the Financial Matrix scam goes much deeper than that. Indeed, the Financial Matrix, through the Fractional Reserve Banking (FRB) system, supported by Central Banks and National Governments, is allowed to create money out of thin air to “loan” to the people. In a word, fake (fiat) money is loaned out to people who must pay back the interest and principal with real production. This is the Financial Matrix Scam.
How Does a Person Escape the Financial Matrix?
The plan to escape the Financial Matrix is simple to explain but difficult to implement, namely, stop taking on debt. A person must learn to live below his current income even if that means foregoing some of the things he desires. For just because a person wants something doesn’t mean he should sell himself into financial slavery to purchase it. Quit buying items today, in other words, on income that a person plans to make tomorrow; instead, the correct approach is to buy items today on income he made yesterday.
Unfortunately, most people have not learned this key financial literacy principle. In fact, this isn’t by accident, but by design. Think about how much education the average person is receiving today and yet how little financial literacy education they receive. I have met doctorate level graduates in many fields, with 10 plus years of education, who do not understand the rudimentary principles of compound interest, nor delayed gratification. This must change.
How to Play Defense Against the Financial Matrix?
Financial Fitness Pack
Anyone truly seeking a change in his/her financial situation must realize the need to apply new principles. The Financial Fitness Program (FFP) (Now available as a continuous education program for accountants) will teach a person step by step how to live below his current means. Many customers of this pack have escaped the Financial Matrix Scam by learning how to say no to the instant gratification purchases. It doesn’t matter how much a person makes as much as how much he spends. In fact, the Financial Matrix system loves high income earners because they typically carry more debt and service it longer.
The great news is once a person changes the financial paradigm, the compounding effect of debt reduction becomes an enjoyable game. Instead of thousands of dollars per month being poured down the Financial Matrix hole, that money now remains in the producers hands to either wipe out more debt or start to purchase items in cash. As a result, the average person can break out of the Financial Matrix by just playing defense in a 15 to 20 year plan and be debt-free including his mortgage. However, some people choose to go faster.
How to Play Offense Against the Financial Matrix?
This is the purpose of LIFE Leadership community. When customers realize how effective the Financial Fitness Program (FFP) is to help them get out of debt, many choose to share this program with others. LIFE created a compensated community to reward the people who help others escape the Financial Matrix Scam. In other words, the worst that happens to a person who joins LIFE Leadership and applies the principles taught is they lose their debt. On the upside, the go-getters who choose to share this financial program with others are rewarded for doing so.
LIFE Leadership then starts with a simple premise, namely, that being in debt and stress is not good for people. Accordingly, LIFE provides the FFP to teach financial literacy and a plan of escape. Meanwhile, for those who want to escape the Financial Matrix faster, LIFE offers people the opportunity to own their own business and build a business asset. A person can start by playing defense and utilizing the community support group to help him make better decisions financially. And, at any time in the process, he can choose to go on offense and share the financial products to others who could benefit by better financial literacy. Win-Win-Win.
What Makes LIFE Leadership Different?
I have studied the data of LIFE members and I am blown away by what I discovered. It takes less than six months for the average member to save more money from the Financial Matrix than they are investing in their own business. This is what makes LIFE Leadership different than most traditional product companies – the Financial Fitness Program (FFP) saves the consumer more money than it costs to purchase. The FFP is, after all, only 99 dollars. In the coming months, I plan on interviewing many of the people who have reduced their debt to highlight their stories. The testimonials of people who have wiped out $10k, $25k, $50k, and some over $100k in less than six months simply need to be shared with the world!
What other organization can a person join where the worst that happens to him is he wipes out his debt and the best that happens to him is he builds a business asset, develops his personal leadership, and makes friends for life?Please don’t misunderstand me. I am not saying everyone who joins LIFE Leadership will get debt free. For merely joining an organization doesn’t make someone successful anymore than merely buying an exercise bike causes one to lose wait. After all, YOU have to use the financial principles and the exercise bike to accomplish the desired objective.
Fortunately, most of the people who purchase the FFP (about 75%) reduce their financial debt. Moreover, around 10% of that group start making money by building a business asset. What about the other 25%? I don’t know if I could answer this any better than John Wayne did, “Life is tough, even tougher when your stupid.” 🙂 Ok, I know that was politically incorrect in today’s sensitive age. But seriously folks, how can the FFP help someone eliminate debt if they won’t open it up, read the materials, and apply its lessons? LIFE even has a community support group to encourage them in the habit changing process. A teacher cannot teach until the student is ready.
Despite what the modern media tells you, success is NOT a lottery. Indeed, people don’t luck their way to success, but rather learn their way into it. If you are tired of waiting for your ship to come, then perhaps its time to join the LIFE Leadership ship. Whether as a customer and learn to play defense to avoid the Financial Matrix or as a member and learn how to play defense and offense to avoid the Financial Matrix is totally up to you.
What I know is with the proper financial principles, you too can escape the Financial Matrix and live the life you always wanted.