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An Interview With Red Ice Creations!

November 29, 2014

I was elated to be invited by Henrik Palmgren from Red Ice Creations for an extensive interview.

Unfortunately I don’t know how to embed a Flashplayer in WordPress, here’s the link to the show.

Here’s the intro as published on Red Ice Creations’ website:
Anthony Migchels – Hour 1 – Usury: The Problem with the Economic System & Alternative Currencies
November 28, 2014
Anthony Migchels is an Interest-Free Currency activist and founder of the Gelre, the first Regional Currency in the Netherlands. He joins us to talk about the very central problems of economics today, usury or interest, alternative currencies and more. We begin by discussing the problems with our global usury economy, which results in the rich owning the majority of the wealth – a scheme that will inevitably lead to an economic collapse. Anthony explains how the money powers that be have plans spanning centuries and this predatory system, disguised as a free market strategy, is backed by the extremes of Libertarianism and Marxism, philosophies that contradict the very nature of mankind. We’ll also take a look at how the workforce produces the majority of the wealth for the rich, yet their wages, food and basic commodities are taxed, resulting in total slavery to the state. Then, Anthony talks about the monetary reform movement, which is concerned with the creation of money out of nothing, as opposed to the problem of usury. In the second hour, we discuss the shift of power and the crunch to destroy the west that occurred when the U.S. exported its entire manufacturing base to China. We’ll also talk about capitalism, mass immigration, feminism and the destruction of the nuclear family, and the degradation of the brotherhood of men. Then, we’ll consider the implications of revisionist history concerning WWII and the Jewish banking system’s involvement. Anthony then discusses the Euro-crisis and the inevitable crash of the global economy. We’ll wrap up with some reflections on possibilities of a mass awakening and the improvement of living standards.

  1. Reblogged this on Jana Murray and commented:
    Usury: The Problem with the Economic System & Alternative Currencies

  2. Tremendous interview Anthony!

    You have greatly advanced awareness and are a rising star within the monetary reform movement.


  3. Mark R. Elsis | permalink

    Great interview.

  4. This interview is excellent. Usury explained simply and thoroughly.

  5. Anthony mentions compound interest and Red Ice provides a Wiki link:

    “Compound interest was once regarded as the worst kind of usury and was severely condemned by Roman law and the common laws of many other countries.”

    We are witnessing this today as the national debts of Western nations are growing at an exponential rate. Ponzi: Treasury Issues $1T in New Debt in 8 Weeks—To Pay Old Debt

    “The Daily Treasury Statement that was released Wednesday afternoon as Americans were preparing to celebrate Thanksgiving revealed that the U.S. Treasury has been forced to issue $1,040,965,000,000 in new debt since fiscal 2015 started just eight weeks ago in order to raise the money to pay off Treasury securities that were maturing and to cover new deficit spending by the government.

    “This mode of financing the federal government resembles what the Securities and Exchange Commission calls a Ponzi scheme. “A Ponzi scheme,” says the Securities and Exchange Commission, “is an investment fraud that involves the payment of purported returns to existing investors from funds contributed by new investors,” says the Securities and Exchange Commission.

    “With little or no legitimate earnings, the schemes require a consistent flow of money from new investors to continue,” explains the SEC. “Ponzi schemes tend to collapse when it becomes difficult to recruit new investors or when a large number of investors ask to cash out.”

    The debt will soon outgrow our means to sustain it and the economy will come crashing down as a function of the math. Are we too stupid to see the obvious?

    It took the U.S. over 150 years to amass the first trillion dollars in debt in 1981. The second trillion came in only 5 more years. Now we are accumulating $1 trillion in only 8 weeks. — U.S. Debt Slavery Graph

    • Shocking numbers and indeed a typical example. And this is just sovereign debt. Consumer and corporate debt are bound to show similar trends.

      • Ross N. permalink

        When old debt is rolled over into new debt, that makes interest equation go exponential. Usury from old debt is from nothing, and it becomes something as principle in new debt. New debt then makes demands from futurity at an exponential rate. If it cannot have its demands met then it can pervert law or pervert the state into using force.

        This mechanism is at the core of why PIIGs became debt slaves, as sovereign debts were rolled over at private Euro banks.

  6. Excellent insight. You are to be commended on simplifying the monetary fraud of history by the same people.

  7. Its Henrik Palmgren not Palmen

  8. riqigong permalink

    Another great Red Ice interview! I am very interested in your alternative ideas.

  9. John Cummings permalink

    Mass immigration works to break labor laws which bound communities together. It basically is a hegelian trick. Setting the stage of the international common market is the key final goal. If somebody supports decreasing immigration and are for the international common market, you have been “Hegel’d”

  10. Ross N. permalink

    Usury as rents is unearned income. There is also unearned income of association. Let’s suppose you are Nikola Tesla and you invent polyphase motors. These motors multiply human labor by using energy from earth, thus economic output and wealth creation climbs rapidly. Humanity can now produce with horsepower instead of manpower.

    When you are old, you are muttering to pigeons and have no stored money as latent demand. Yet, the world has become much richer by your genius. Do you want your wealth creation to go to oligarchy, or do you want it to be a birthright of humanity? This question is posed to all humans who create, and leave wealth as their legacy.

    Unearned income of association is gifts from the past that are on-lent for us to use. We then pass on our gifts to the next generation when we die.

    Some sort of direct injection is required into households in order to distribute unearned income of association. This implies taxes, and hence some sort of State. We cannot get around the fact that States are us, and somehow we need to make them representatives of us and not special interests. We create states to prevent anarchy and to fulfill a role that cannot be done with private enterprise.

    All inelastic markets must either be State Controlled or regulated. This is a law like gravity that cannot be ignored. Government in its sector, which is inelastic markets, is the lowest cost producer. As lowest cost producer in its sector, rents are reduced and mankind becomes more economically free.

    When the commons are privatized (usually to cancel debt instruments grown with usury), and then now privatized commons are converted to generate access fees – these forever rents then form forever oligarchy.

    Money and Government and Law are all closely related. We soon will have highly mechanized societies, perhaps with robots, and unearned income of association will become of prime importance.

  11. Please visit the new website here for a viable, realistic, creative, legal and achievable new debt-free, complementary digital currency called Globals: ( It uses the existing powerful legal and accounting fictions that are money, currency and income to create a universal basic income for all who join the WGO. Thanks and best wishes for 2015.

  12. Herman permalink

    Excellent interview discussion Mr. Migchels. Really, one of the leading discussions of many very compelling thinkers on RIR. Looking forward to hearing you two dialogue again. Your point about the 13thC work hours, sustenance and public works versus global cosmopolitan usury deserves a cool infographic for meme communication. Your distant cousins in the much too new world are rooting for your new European Renaissance. Bring it!

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