Privatized QT

“There may be times when we are powerless to prevent injustice, but there must never be a time when we fail to protest.”
― Elie Wiesel

“The robb'd that smiles, steals something from the thief; He robs himself that spends a bootless grief.”
― William Shakespeare, Othello

“If taxation without consent is not robbery, then any band of robbers have only to declare themselves a government, and all their robberies are legalized.”
― Lysander Spooner

The biter is bitten

As more and more individuals and nations recognize that the issuance of FIAT CREDIT by or under the aegis of western central banks [ie. the G7 and its emerging military wing of NATO] is a crime of international counterfeiting and robbery committed against the rest of the world [human and natural], the victims are taking judgment into their own hands by simply repudiating the indebtedness and leaving the purveyors of fiat and those who buy/fence/launder their stolen goods with worthless claims. The thieves et. al. are being justly punished by their victims.

"Who is in a position to lead a genuinely Just Transition?

"What if, instead of endless calls for odious, extractive debts to be cancelled, there were countries who were willing to face the consequences of refusing to pay these debts? And what if we were ready to defend our siblings in this stance? These kinds of moves would be of historic and economic significance. Especially when they involve the creation of sovereign money as a liberation from extractive currencies, as described by Senegalese Economist Ndongo Samba Sylla. Jason Hickel suggests this is an effective path to not only decolonising the Global South but to spurring necessary degrowth in the Global North.

"So a just transition could be led by Global South countries rising up and throwing off the yokes of neo-colonialism, controlling their own resources and refusing to pay debts.  Well that moment is happening –  and it is time we paid attention. The peoples of West Afrika are rising up with the help of military leaders. Niger aims to charge a fair market price for their uranium resources (France has been paying peanuts). Burkina Faso repudiates colonial debt. Civil society in Mali is calling for Debt audits and non-payment. Niger has defaulted on $519m of debt payments. The Alliance of Sahel States is also discussing starting its own currency- this is a hugely significant moment.

"They have the potential to pull the lever that will help hospice the existing system, making space for the just transition to viable systems we all know are necessary."
— Real allyship in an age of collapse – supporting anti-imperialism

The buyer of stolen goods

"Whoever receives in commerce ... any thing used ... in counterfeiting any security ... knowing that the same has been used in forging any security ... [shall be guilty of and punishable for a crime] ... This section shall not apply to any forged ... security ... which is intended by law or usage to circulate as money." — 18 U.S. Code § 2315 - Sale or receipt of stolen goods

Of course, the problem with repudiating fiat debt, returning stolen goods or emancipating slaves is that the asset's current owner usually claims to have acted in "good faith" with "good money" and that punishing them for the underlying theft perpetrated by another is unjust. However, this defense fails in the face of mounting evidence that the buyer was "habitual" and "should have known" the prices paid for the stolen assets were heavily discounted from the "fair/real price/value" resulting in undue profits on/from resale/use or other evidence of persistent wealth accumulation without any commensurate expenditure of other assets including labor. [Micah 6:10]

The 1944 Bretton Woods Agreement was an attempt to prevent the continuation of international theft, colonial enslavement and wars of aggression and retribution that arose in the world due to decades of the gradual establishment of international fiat credit climaxing with the establishment of the US Federal Reserve in 1913 followed by The Great War and WWII. There was hope that the world had learned its lessons.

 

But the 1971 unilateral repudiation of Bretton Woods by the United States was nothing less than an act of piracy or the reinstitution of slave-trading which has resulted in 50 years during which the accumulating crimes of the fathers are being visited on the sons creating vast, confusing and destabilizing gulfs of wealth and injustice that seem to simultaneously defy widespread explanation, violent collapse and non-violent transition back to law and order. But wasn't that to be expected?

"Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose." — Keynes

The end in sight

History teaches us that the end of evil is seldom visible except retrospectively.  And then it is SO OBVIOUS that posterity wonders how those caught up in it failed to see it beforehand and mitigate the damages that accompany its unavoidable arrival ... by making a just transition.

It is no longer reasonable to expect justice to arise from the west. The west has led the world in the perpetration of and collaboration with injustice. It seems justice must arise either

• from the victims who wake up, look around and begin to resist [James 4-5] or
• from outside humanity through the rebellion of nature herself [Rev 11:18].
  

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To win, we need to take back education.