How Real Wealth Is Created – 2

This article was first posted on 7th January 2010.

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We've looked at the first method by which real wealth is created - agriculture - in Part 1. The second method of wealth creation is mining.

Nearly everything we see when we look around us has ultimately come out of the ground. Apart from wood and its related products, this material has had to be extracted, usually by mining it.

Metals such as copper, iron ore, gold and silver, and fuels such as oil and gas weren't just lying around on the ground. They had to be located and then moved from where they were to ground level, where they could be worked on, transported to where needed, and so on.

Just having the resources there beneath the ground doesn't make a country rich. It's knowing they're there and having the means and ability to mine them that leads to wealth.

Once they are above the ground they can be processed or sold, creating real wealth for the country they're situated in. Except it's not usually the ordinary inhabitants of the country that benefit. Because mining is capital intensive, huge multinational corporations have arisen to enable the investment to be made that covers the cost of equipment and labour. Ownership of these corporations can invariably be traced back to the same shady families who own the world's banking houses.

But the point of this post is that the extraction of natural resources, and this includes water, which is becoming increasingly scarse in its drinkable form, is one of the three ways in which real wealth is created.

Miners have traditionally been looked upon by those who earn their money through non-productive activities as being beneath them. The truth is that, especially in view of the advanced technology that is now required to extract most mineral wealth, including oil and coal, many miners have to know how use this technology, and no longer simply swing a pick-axe.

Their value to society is incomparably more than that of super-rich banksters.

Philip Gegan

How Real Wealth Is Created – 1

This article was first posted on 15th November 2010.

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I think it’s time I set out the three methods whereby real wealth is created. I don’t mean money or debt. I mean the wealth that we all depend on to lead a normal life in our advanced society.

My intention here is to make the process of understanding the fraudulent nature of the banking system much easier to understand.

There are only three ways in which wealth can be created. I’m going to deal with the first one only in this blog entry, to keep it short and to the point.

Wealth Creation Method Number One is agriculture. This covers all farming methods such as horticulture, market gardening, cattle rearing, and so on. It’s unfortunate that agriculture and farmers are looked down upon by bankers and their stooge politicians as if they were some kind of inferior breed.

But let’s be quite open about this. We all depend on the hard work and perseverence of our farmers. If they didn’t produce the food we’d all starve, so don’t let anyone forget that. Just because so often they are lacking in business acumen (this by no means is meant to apply to all of them) doesn’t mean they are not the salt of the earth.

It’s scandalous that farmers have had to bear the brunt of the avariciousness of bankers and economists, and the disdain of stupid politicians, for centuries. The banking elite despise farmers because they are the remnant of the old yeomen, the ever-willing servants of the king and their country, and because they, the bankers, instinctively recognise that almost to a man farmers are better than they ever could be.

After all, if you were trapped on a desert island who would you rather find as  your companions-in-shipwreck, - a dozen bankers or a dozen farmers?

I’ll cover Wealth Creation Method Number Two in the next post.

Meanwhile, spread the word. And if you haven’t already, download your free Guide to finance, Dr R. McNair Wilson’s "Promise To Pay", from the Ancient Banking Secret home page.

Philip Gegan

Video Proof – Federal Reserve Are Crooks

This is simply unbelievable! You must see this video. It shows Alan Grayson questioning Elizabeth Coleman, Inspector General of the Federal Reserve.

You remember that trillion dollars that the Federal Reserve pumped into the US economy to prevent a complete financial and economic collapse back in 2008? Or was it two trillion? And don't forget the "off balance sheet" nine trillion or so. With such astronomical figures it doesn't seem to matter (but it does).

Well, the person appointed by the US government to oversee the Federal Reserve, and make sure it doesn't get up to any jiggery pokery, doesn't have a clue what happened to all those trillions.

This is simply staggering, even to an old hand like me, long wise to the world-wide financial scam that passes for international banking.

This video just has to be seen to be believed.

Philip Gegan