The Survival Guide For The One Percent.

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From the author of: The Survival Guide For The One Percent



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This is a series of articles I decided to write, after I was knee deep in research material. In simple terms, I became astonished, with the events that shaped how our lives have been limited. They are not written in the style of the novel. These indicate how significant are the events that have driven the majority of U.S. citizens into becoming pawns of the financial services industry. They also provide options on we might escape them, and their influence.


Chapter one of: From the Silk Road to the Central Bank.

From the Silk Road to the Central Bank.

Follow the money



You've likely never heard, "Follow the Coal", or "Follow the Oil", and certainly not, "Follow the Solar".

People living within an industrialized society have come to think of energy as oil, or coal, or even a unit of electrical power.

The single most important unit of energy is perceived to be natural resource based. The events leading up to the crash of 2008 demonstrated that it was unrelated to a natural resource.

The single most important unit of energy is money. More accurately, it's currency - the printed reflection of energy, and power.

It is my intent to demonstrate to the reader how people came to know that there was no better business than that of the production, and distribution of currencies.



Please remember a few things from the outset:

After we went off the gold standard, currencies were no longer tied to anything tangible. The value of currencies became intrinsic only to the thoughts, and goals of a small set of people, who are, by any definition, the One Percent of the One Percent.

When currencies are not tied to something tangible, there are no factors limiting the supply of currencies. Poverty, or deteriorating infrastructures that fail, or fall down, and kill people are conditions artificially created, and maintained, by the individuals making the decisions to limit supply.

Also, please remember that prior to there being energy sources any more sophisticated than wood, there have been people attempting to identify a commodity involved in the majority of everyday transactions. Until about 1973, it was some form of natural resource based energies.

The only commodity that fills that criteria now is currency. Is there any business capable of being more influential, and profitable, than the business of currency production, and distribution?

Should there be a nineteen to twenty-one member unelected Board of Directors, possessing a dictatorial influence over every democracy on this planet?

Please also note this: Spending money on debt service prevents the United States from repairing its infrastructure. It prevents us from rebuilding bridges that will, without maintenance, or replacement, collapse. This is not about fiscal responsibility, or excessive credit card debt. It is about how a nation's lenders develop influence, and remain in charge over everyone.





How did all of this get its beginning?

Trading could, during the early days, involve sheep, goats, cattle, grains, and dried fruits. All, however, required a specialization in the production, or transport of those commodities.

If, however, you were a trader of goods over large distances, ideal products would have been light weight, and extremely valuable, such as spices, and silks. These products were of such substantial value that routes involved with their trades were named for them. Valuable trading was accomplished at points along these routes, but the most valuable commodities were sold at the ends of the what were known as the spice route, and the silk road.

The traders that traveled the entire length of the roads found difficulties with excepting commodities that were perishable, weighty, or alive. They had neither the ability, nor inclination to tend to livestock, haul grains, or accept perishable commodities in exchange for the products they carried.

Traders traveling these roads also had to contend with thieves. It was far easier for raiding thieves to drive livestock away from their trader owners, or attack a slow moving caravan carrying grains. It would be easier to defend oneself from thieves, if the valuables they sought to defend could be kept in close proximity to well armed, and defensively capable men.

These troubles gave rise to the willingness of traders to accept valuable metals, and soon thereafter, valuable metals stamped into the form of coin in exchange for their goods. Stamped coins diminished speculation about what other commodities would be marketable, upon completion of the routes.

As soon as stamped coins became prevalent, we have the rise of the money changers. Money changers would, as all traders, or brokers do today, suggest that one form of coin had, for any number of reasons, including introducing deceitful rumor, changed in value. A trader arriving back home might present to a money changer the coin from one nation in hopes of exchanging it for a coin with greater acceptance locally. Money changers would attempt to exchange the foreign coins for a local variety at significant profit. They could then attempt to sell the foreign coins to traders about to begin their journey back to the cities of the foreign coin's origin.

The currency traders (money changers) remained in business for several centuries. It took this quantity of time to establish something akin to a bank. They were, in that time frame, more accurately referred to as depositories, where a trader could obtain some form of coinage easily negotiable throughout the trade routes. A participating depository anywhere within the trading routes would have to agree to honor an established value of the coinage, without concern as to its origin.

Some of these new style depositories organized themselves with attention to the silk road, and spice route traders. Each depository would recognize the quantity of coinage deposited, by a trader, within any of the participating depositories. If the client required access to coinage, he could withdraw a percentage from one of the participating depositories at the opposite ends of the silk road.

At this stage of world trading, there were far fewer people, and countries were often less stable. Gold could function as a common commodity to insure the value of any coinage at either end of any trading route. Merchants reselling the merchandise obtained from the silk road, or spice route traders could also perceive an acceptable level of safety. If the coinage possessed a weight sufficient to cover the face value of the coinage, country of origin was not significant. For several centuries, there wasn't a perception of the need for a single currency covering vast geographical regions.

Now we move ahead several centuries, increase the population, as well as the volume of trading, or commerce world wide. The use of gold coinage no longer made sense, and for many reasons. The weight would be for too high, and risk of death through robbery became unacceptable. Currencies had to change form, but must provide the same degree of negotiability.

The beginning of the end of a gold based coinage, was the introduction of a paper form of currency. In the early stages of paper currencies, there needed to be some sort of guarantee of its value, so the U.S., for example, printed that guarantee right on the face of the paper note. Here is such an example:



(I copied that guarantee off the note, and
placed an enlarged copy of it below it.)

That guarantee, or practice was known as Fungibility. Fungibility is the property of a good, or a commodity whose individual units are capable of mutual substitution. Fungibility was, in fact, one of the reasons for the end of the gold standard. It was also the beginning of an oil embargo, in 1973.

The dollar had been pegged to the price of gold, and the dollar was the principal currency for the purchase of oil, even from countries other than the U.S.. Part of the newly formed OPEC decided to, instead, peg the price of oil to a quantity of gold. Although rarely found in any written account, OPEC had, as a result of the end of the Bretton Woods accord, briefly demanded payment in gold bullion. This, of course, would cause the U.S., and most industrialized nations to reduce their stocks of gold to make payment.

Since the dollar was pegged to the price of gold, the volume of dollars printed could be no greater than the quantity of gold possessed by the U.S. The need for a continuous supply of oil, by industrialized nations, would also mean the eventual elimination of their supplies of gold. If any country was forced to pay for oil in gold bullion, there would have to be a reduction in the quantity of dollars allowed to exist. This situation would, quite naturally, be considered intolerable. (I also find myself wondering, "What the blazes were these people thinking, when they implemented those demands. Had none of them ever heard the phrase: Clear, and present danger?)

Ending the gold standard lead to anticipations that currency values might fluctuate unpredictably. The industrialized nations increased their reserves (by expanding their money supplies) in amounts far greater than before. The result was a depreciation of the dollar, and all other industrialized nations' currencies. Even after OPEC had increased the cost of oil, the depreciated value of the dollar reduced OPEC nations buying power for all required goods. OPEC nations were left worse off, than if they had never attempted to use, what they referred to as , the "Oil Weapon".

Please note how significant the coming change would be upon our society.

There have often been discussions of world changing inventions. Rated number one was the Gutenberg Printing Press. There were others such as the light bulb, and still others suggest the internet.

If there has been any single practice that has, and will change the world, it is when the unit of energy changed from being natural resources based to standardized currencies based.

An even fancier phrase found acceptance just prior to the 2008 crash. It was intended to be applied to tangible goods, but found acceptance, soon after traders began the build up to the crash. It was called: "Mark to Market" Investopedia defines it as: "A measure of the fair value of accounts that can change over time, such as assets and liabilities. Mark to market aims to provide a realistic appraisal of an institution's or company's current financial situation.

We all know that this definition was stretched as far as any trader thought they could get away with.

Note that as a result of the oil embargo, currencies were, for the first time, no longer tied to any tangible commodity. There has never been just a radical departure from previous economic models, or any previous form of monetary policies. The Arab countries had thought they held the unit of energy that could influence all transactions world wide. If they hadn't decided to overplay their hand it may have stayed that way.

Power, and influence over all events could now begin to switch to the central bankers. They could, if they played their hand properly, evolve into the only source of what would become the most important unit of energy. If, during that evolution, they could reduce the number of standardized units of currencies, they could minimize the effort required to influence vast geographical regions. The Euro is that example.

The United States Dollar, and the European Union's Euro present a total economic base far larger than all the other nations utilizing numerous, and different forms of currencies. In the formation of the EU, and its decision to use a common currency, a consolidation was created behind single entity.

The organizations that came to exist, and fill that void, are what have come to be known as Central Banks.

When there are central banks, and that means plural, there must be a central bank for all central banks. That bank exists, and is known as:

The Bank For International Settlements, 500
Image Credit for: Bank For International Settlements

This is where there is a nineteen to twenty-one member unelected Board of Directors, possessing a dictatorial influence over every democracy on this planet.

The next chapter begins the assessment, and description of that system.




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If you find the topics of these pages of interest, please review the website for the novel: The Survival Guide For The One Percent. Episode One of the series: "Where History Can Be Hacked" is available for free download. Click on the logo below to go to the novel's website, and more information.