Billionaire Hugo Salinas Price: "Everything in Our Modern World is a Lie" (January 23, 2014)Submitted by Cyril on Mon, 02/24/2014 - 05:29
Via Inteligencia Financiera Global, 1/23/2014 :
Q: Mr. Salinas, why is it important to go back to sound money (gold and silver)? You know, “modern” economist like Nouriel Roubini call gold a “barbarous relic” and others name silver the “poor-man´s gold”.
Mr. Barba, everything in our modern world is a lie. Look wherever you will, and you will find lies. Our civilization is living on borrowed time, because you cannot deal with Reality and the problem of finding sustenance for life in Fiction or Lies; you have to deal with Reality by means of Truth, and not by Lies. If we go on pretending that we can avoid Reality by means of Lies, we are going to end up in a barbarous state.
The world is attempting to live by means of the great lie of fiat money. It will not work. You deal with Reality by means of Truth; Truth is thinking that checks with Reality. Gold is money, and if we refuse to face that fact, we are lying.
Q: How and why did we get to this current global economic crisis, where debts in the world (over all in the “first world” economies) are growing up exponentially? Is there any relationship between this, public deficits and the abandonment of the gold standard?
We got to this state because our leaders – in Universities and in Politics – have wished to forget Reality and have thought that by using our brains we can get around Reality. Thus our thinkers and political leaders have been attempting to put Reality to one side and in its place, use fictitious money which can be manipulated to keep people happy.
The problem is fundamentally a moral problem. Is political power to be based on Reality, or on systematic deceit of the populations of the world? Our leaders have chosen mass deceit as their instrument of power. What they will obtain will be utter chaos and disorder, and mass impoverishment
Q: Do you think that the gold (and silver) markets could be manipulated? If so, what would be the purpose of such manipulation and could that last forever?
Of course the gold and silver markets are manipulated. You have to be either blind or a Harvard Graduate with doctorate in Economics to ignore the fact.
The purpose of the manipulation is the same as the purpose of the French Revolutionaries in attacking gold when they were printing their “Assignats” paper money like crazy; to try to suppress the indicator which showed the destruction they were carrying out with unlimited printing of fiat money. Gold tells the Truth and so it is an enemy of those who wish to deceive their populations. Paul Adolph Volcker, famous former head of the Federal Reserve of the US, once stated: “Gold is my enemy”.
Gold will triumph over paper. It always has, ever since the Chinese invented paper money many centuries ago. But in the meantime, paper money is twisting the economic facts to such a degree, that enormous distortions are taking place in the markets. Enormous investment mistakes are being made. All this will become evident in due course; a gigantic collapse is going to take place and many who think they are very wealthy will find they have next to nothing.
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Billionaire Hugo Salinas Price: "Everything in Our Modern World is a Lie"
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