the monopoly game money can not be used in real life

The monopoly game money can not be used in real life

By David Verveer

The world we have known until today is breaking down, our precious economy, cultivated carefully into a giant but silent killer, suddenly exploded in our faces, and nothing we can do to stop the total destruction of everything we have.

Not only our savings went up in smoke, but also our pensions, and the jobs on which we rely to continue to exist, vanished into smoke, as the financial dealings from the past, based on loans and investments, (without them, no modern economy can survive) failed to open the safety parachute, and we were torpedoed from the sky in to a dry dessert, barely surviving the free fall, but without tools to survive and to return to the comfortable continuance of existence, as the money still in possession, rescued just in time from the greedy fingers of the financiers, has lost most if not all of its value, and can not provide any security for the future (sorry, I should have said: tomorrow).

It is easy to blame a group of crooks, who speculated and created a fiction of investment loans, without really paying up, as these were only small symptoms in the peculiar monetary monopoly game that is played out in the modern world.
The currency agreements, based on make believe, which commands the trading between the nations, banks and actually all our activities is based on an enormous hoax, which originated out ancient days, when the bankers kept an equivalent amount of gold in possession, as guaranty of the paper money issued by them (you remember Fort Knox). The U.S. Department of the Treasury has maintained the Bullion Depository on the base since 1937. This facility is operated by the Treasury Department and is independent of the Army's operations there.
The Bullion Depository of a golden treasure represented the value of the American money issued by the US Treasury, in 1933, the US government, on order of President Roosevelt, undertook to confiscate most of the gold owned by US citizens and exchanges it for paper dollars within two weeks. Safety deposit boxes and vaults were sealed. Subsequently, US citizens were not allowed to own most forms of gold. The paper dollars were soon worth far less than the gold they were traded for. If that action is considered legal, the US government now owns the gold in Fort Knox. The vault was used to hold the treasure beginning in 1937. Before World War II, there were 649.6 million ounces of gold in Fort Knox. The treasury now estimates that only 147.6 million ounces remain. However, the gold has not been inventoried since the 1950's. Some believe there is far less gold in Fort Knox. In 1971, the US abandoned the last remnants of the gold standard. US dollars are now fiat currency, not backed by gold or any other commodity.
Or in other words, the money we possess or lost has no value other than a promise made by the treasurer, to pay us in gold the value of the paper bill, which we know is a empty promise, which can never be put to the test. But it is not only the US treasury, but the entire world is trading, handling and selling worthless papers, and we knowingly participate in this giant bluff, far more than the minor global warming hoax, which will kill only a few million of hungry masses in the poor countries, this financial crisis will explode in our faces, as there is no remedy for replacing money, which never had any value, other than a vague promise.
The desperate efforts of the leaders to pore money into banks and industries in order to save them from total collapse will only help if we create new international agreements on new standards backing and guarantying the monetary systems, or else the Zimbabwe example, or Second World War German money bills of valueless money will spread worldwide, when thousands of dollars, marks or what ever it is named, wont be able to buy you a loaf of bread.
Face it, the fabled emperor ("The Emperor's New Clothes" by Hans Christian Andersen) appears again in public without clothes or in other words, totally in the nude, and this time, there is no a happy end to the story.