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The Protocols on Money

February 20, 2010

The Protocols of the Learned Elders of Zion is not only very enlightening in the sense that it is clear proof of a profound conspiracy. It is also a treasure of wisdom. Because it does not only sketch how to bring down the Goyim States and take over power on a global scale, it also explains in great detail how they plan to manage the world once their King is sitting on the World Throne. And many, many bits of wisdom about enlightened government can be derived of these parts of the Protocols.

The article on gold has led to a lot of reactions. It is clear that the halo of Gold still shines brightly in the eyes of many. This is not surprising. A lof of effort has been put into the Gold narrative by our controllers, who hired sharp thinkers like Ludwig von Mises to support their favorite metal.

So let’s take a look at the Protocols and see what they have to say.

Protocol 20 (P20) begins with stating that ‘Today we shall touch upon the financial programme, which I put off to the end of my report as being the most difficult, the crowning and the decisive point of our plan’.

So money is not only key, it is also the most difficult and we should therefore be surprised that such fundamental discussions as the debate on Gold are still relevant.

P20 then elaborates on the folly of income tax and explains that taxation should be based on wealth and consumption. This in itself is a major point, but let’s focus on monetary matters.

The next useful point P20 makes is: ‘…. On no account should so much as a single unit above the definite and freely estimated sums be retained in the State treasuries, for money exists to be circulated and any kind of stagnation of money acts ruinously on the running of the State machinery, for which it is the lubricant;’

Now, this is a very fundamental point and is relevant to the theme about money as a means of exchange and not as a store of value. Money should circulate and not put away in sock to be effective.

Of course the desire to consume current wealth not now but in the future is legitimate, but saving money is not the way to achieve this goal, because it takes currency out of circulation, which is detrimental to the community as a whole.

P20: ‘The substitution of interest-bearing paper for a part of the token of exchange has produced exactly this stagnation’.

So they are saying they have achieved stagnation in the circulation of money by making the money supply interest bearing. A most noteworthy claim, in my view. Interest slows the circulation of exchange, because people tend to wait with paying, because they obtain more money the more they cling on to it. This is a major and fundamental reason why interest bearing money supplies often show scarcity in liquidity.

P20: ‘Economic crises have been produced by us from the goyim by no other means than the withdrawal of money from circulation’.

This is a classic that was featured on for a couple of weeks, a few months back. Please remember that this was written at the time of the 19th century Gold Standard. So if you control the money supply, even if it is gold, you can deflate the supply and create depressions at will. Simple as that. This is still possible with a full reserve (in stead of fractional reserve) gold standard.

It also shows why owning your own gold is not equal to monetary security. Money derives its strength from being widely used. If you have a bit of money, but nobody else, the economy is still crashing and you won’t be able to obtain an income, because there is no money to pay you with.

Don’t blind yourself with owning a few golden coins. If there is too little money circulation you will suffer too.

A strange aspect of this reality is, you can only be free if the others are too…………..

P20:¬† ‘The present issue of money in general does not correspond with the requirements per head, and cannot therefore satisfy all the needs of the workers’

Stating plain and simple that money is scarce!

And continuing, P20: ‘The issue of money ought to correspond with the growth of population and thereby children also must absolutely reckoned as consumers of currency from the day of their birth. The revision of issue is material question for the whole world.

Giving key information about how the money supply should be managed. Taking into account growth of population. And stating clearly that this is a major question facing the goyim, being us.

And it gets better and better…………. What about this folks?

P20:You are aware that the gold standard has been the ruin of the States which adopted it, for it has not been able to satisfy the demands for money, the more so that we have removed gold from circulation as far as possible.

So Gold is scarce, not only because they have taken as much as possible out of circulation. This clearly shows they own gold and the supply of Gold is not transparent and safe. Our controllers here admit in their own master plan that Gold is our ruin, not our salvation.

P20: ‘With us, the standard that must be introduced is the cost of working-man power, whether it be reckoned paper or in wood.’

Not fearing coming up with clear and workable solutions either. So the means of exchange can be paper or wood (or anything else) and the unit of account will be the labor of a man. Just as it is nowadays is with LETS, where one hour’s work is the basic unit of account.

I will skip a few very noteworthy remarks about State debts and their disastrous results, but focus on purely monetary matters.

P20: ‘Stagnation of money will not be allowed by us and therefore there will be no State-interest bearing paper, except a one-per-cent series, so that there will be no payment of interest to leeches that suck all the strength outh of the State’

So: an interest bearing money supply is not part of their plans once they rule………….. Especially not to finance their state. It stagnates the flow of money and allows parasites to leech on the State. That’s what our bosses say is happening.

P20: ‘The right to issue interest-bearing paper will be given exclusively to industrial companies who will find no difficulty in paying interest out of profits……..’ ‘……Industrial papers will be bought also by the government which from being as now a payer of tribute by loanoperations, will be transformed into a lender of money at a profit. This measure will stop the stagnation of money, parasitic profits and idleness, all of which were useful for us among the goyim so long as they were independent, but are not desirable under our rule.’

So the state will lend at interest only at companies. They will be able to pay the interest and give their State an income.

Of course this is a hidden tax and consumers will have to pay for the interest coughed up by the companies. This can be a way of financing the state, but the money supply can be financed by more transparent means. Transactions costs and/or regular fees come to mind.

However the idea of using the money supply to finance the state is noteworthy in itself and could be used as an alternative to income tax, which is a disgrace, also according to P20: ‘The tax upon the poor man is a seed of revolution and works to the detriment of the state, which in hunting after the trifling is missing the big’.

S0…… According to our overlords, the Gold Standard and interest bearing paper are both ‘detrimental’.

And this is only Protocol 20, there is much more that we will discuss at a later stage.

  1. The question comes down in the end, who are you serving?

    “God or Mammon” (Matthew 6:24)

    The usurers have built the whole system of the world to simply serve them through the latter — the war-debt-taxes-usury system that makes and creates our world. How long do you want that to go on?

  2. liberterian_renegade permalink

    The argument only applies to a fiat, govenment-imposed “gold standard” that is only as good as the “full faith and credit” of a government (laugh track).

    In the Free Money system envisioned by Mises & Rothbard people and not the government would choose the currency units :. Bitcoins, Gold, Silver, Platinum, Copper, Paper, Cigarettes. Even the hyperinflationary “Social Credit” of Ellen Brown would be available.

    • hmmm…..von Mises never dreamt of a free currency market and Rothbard only much later in life did. He used to offer a Government controlled full reserve gold standard.

      Ellen Brown does not promote social credit, but Public Banking.

      I’m in favor of a free market for currencies, but the one Austrian Economics has in mind has not much to do with that: it would be oligopoly controlled by the Money Power, enforced by Govt law, although Austrians proclaim to hate Govt.

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