Categories
Economics Money Politics Strategy

The Petrodollar Part 2

https://www.businessinsider.com/israel-grants-golan-heights-oil-license-2013-2?utm_source=facebook&utm_medium=referral&utm_content=topbar&utm_term=mobile&referrer=facebook&IR=T

From the link mentioned above, entitled “Israel Grants First Golan Heights Oil Drilling License To Dick Cheney-Linked Company”, it made me recall the valuable information I learned about the money system, the US dollar, gold and oil supplies from the book, ‘Bankruptcy of our nation’ by Jerry Robinson.

Oil, the black gold. The USA controls the global oil supplies, forcing other countries to purchase oil using only US Dollars. This means the Federal Reserve can print as much US dollars to the US Government as much as the Government wants to fund their wars and government programs like welfare without the risk of hyperinflation.

A greater supply of US dollars in global and domestic circulation benefits investors who own assets because the price of assets (houses, real estate etc.) increases greatly when the total amount of money in circulation is many times greater e.g. when the total amount of money in circulation is $2,000,000, it is not possible to charge potential buyers $1,000,000 for a mansion but when the total amount of money in circulation is in the billions and trillions of $$$s, there is a far greater amount of money in circulation so the prices of assets like the mansion can be sold at $1,000,000 because companies and rich people don’t want people to buy up all the assets like mansions and commodities like chocolate bars.

The money system is wicked and at the same time ingenious because Central Banks like the US Federal Reserve will print out paper money for the US Government to use for its various wars and programs like welfare but the Central Banks will also charge extra when the US Government attempts to pay back the original money it borrowed from the US Federal Reserve; I typed “attempts” because no matter how many times the US Government tries to pay back the original money by taxation, it is an impossibility because only the interest charged by the Federal Reserve can be paid by the US Government which means the US Government is heavily in debt.

The thing is, what makes the money system so ingenious is that during the economic boom years, money is circulated by Central Banks at low interest so there are more jobs and more companies in existence but then when economic recessions occur, the Central Banks demand all loaned money be paid in full with higher interests which means a LOT of companies go bankrupt and a lot of people lose their jobs and most likely become homeless like what is happening now in certain parts of the USA. It’s all planned. Because the US Government can only possibly pay off the increasing interest but not the actual original amount of money it borrowed from the Federal Reserve, the total amount of money owed to the Central Banks will always be greater than the total amount of money available to be used to pay off the borrowed money (this available money being the result of the blood, sweat and tears of ordinary hardworking people) so the poor and powerless are ensnared either with a lifetime of work to pay off the Government debt or they lose their homes and live on the street.

This is what I have read so far from ‘Bankruptcy of our nation’ by Jerry Robinson; I would highly recommend you buy his book to become financially literate and work towards financial freedom. I enclose the link for this amazing book below:

 

 

 

Categories
Philosophy Psychology

Thoughts on The Power of Now by Eckhart Tolle

Too much thinking on the Past and I become sad and regretful. Too much thinking on the Future that may come and I become anxious and unfulfilled over not reaching that potential. In both cases, I become identified with my Mind/ my Ego which is linked to and relates to Time. To live in the Now, to live in the Present, is to silence the Mind/ the Ego, is to Be in the moment which is happiness. – from the book, The Power of Now

PS – too much thinking in the Now would mean I become reactive, not proactive which means I don’t work towards my Goals (my overarching goals coming from my identity) and Life becomes meaningless. So I must think mostly in the Now while taking lessons from the Past and using the Future-thinking briefly to guide my progress in the Now to achieve my Goals.

 

I include in this blog post the Amazon link to further browse and purchase the book, ‘The Power of Now’ by Eckhart Tolle if you liked reading my summary. I highly recommend it.

 

Categories
Philosophy Psychology Strategy

Know thyself

30 years of my life it has taken me to realise the hidden wisdom within that cryptic saying “know Thyself” by Socrates thousands of years ago. Knowing who you are means you know what your personality is and if it is suitable for the job you will be doing for the rest of your life; if you are an introvert,
you will not enjoy doing work where you must and need to entertain and socialise with your clients to generate business compared to someone whose
hobby usually involves partying a lot. Knowing who you are determines what your vision is for the future and it is that future that determines who will want to stay in your life whether a spouse, friend, business partner etc. People diverge from each other in life because of circumstances and because their vision of what they want in life, determined by who they are, conflict.

I learned this from Myles Munroe and a Facebook friend.

Categories
Economics Money Politics

Petrodollar

I wonder when the Petrodollar will lose value so that we can return to gold and silver coins. This is the stuff they don’t teach you in schools. The US dollar is exchangeable with Saudi Arabian oil because there is a finite amount of gold in the world so President Nixon made the decision that US dollars were no longer to be exchanged for gold (thus becoming a fiat currency) but instead exchanged for Saudi Arabian oil during the 1970s.

But like all things, oil will eventually run out on Earth or no longer be as valuable considering that renewable sources of energy are being developed to replace dependency on oil for transport (Elon Musk’s mission to make electric cars efficient and fast using his Tesla company). This would suggest that once oil has run out or is no longer in demand, fiat currencies like the US dollar will lose its value.

Funny that all these man-made things that our Society needs to function at its current state, the lifeblood that is money, are just pieces of paper with ink on it.

References:
https://en.wikipedia.org/wiki/Nixon_shock

The US Made a Deal With the Devil in Saudi Arabia

http://aheadoftheherd.com/Newsletter/2012/Nixon-Gold-and-Oil.htm

https://www.tesla.com/en_GB/elon-musk

Categories
Philosophy Psychology

Minimalism

The more I get rid of possessions I no longer need and adopt a Minimalist way of life (except my ever growing pile of books), the more happier I become.

“Things You Own End Up Owning You” – Tyler Durden, Fight Club

Categories
Philosophy Psychology

Red Pill and Blue Pill

Red Pill and Blue Pill

I appreciate the symbolism in this picture. I see it clearly in the Society we live in.

We can pick the Truth (the Red Pill) although it is ugly and we have to live and deal with the Truth/ Truths or we stick to rainbows/ unicorns and rose tinted stories (Blue Pill) we were brought up to believe in that was given to us by Society when we were psychologically programmed since childhood. There are things as they are whether in life/ dating/ corporate work environment/ war and there are things we ‘ought to’ or ‘should’ happen because it is the ‘right’ or ‘moral’ way.

Categories
Philosophy Psychology Strategy

How many days left to live

I read on a blog somewhere many years ago on how many days a person can live: 365 days in a year, a 20 year old expected to live around until 65 years will have remaining years to live of 65-20= 45 years so 45 years = 45 x 365 = 16,425 days left to live.

Now, 3 years = 3 x 365 = 1095 days. In 3 years, 1095 days are removed from your remaining time to live so that makes you think a lot about if I go to this event or do this or that, am I wasting my time/ am I moving towards my life goal(s) with the limited time I have/ am I drifting aimlessly/ do I hang out with the right type of people/ do I have to argue with a person/ do I have to endure a difficult situation etc.

june-2018-calendars

Categories
Philosophy Psychology Strategy

Abundance mentality vs scarcity mentality

Abundance mentality vs scarcity mentality

One is aggressive/ proactive, the other is passive/ reactive.
One plays to win no matter the cost, the other plays to survive and makes excuses.

Abundance MentalityAbundance and Scarcity Mindset

Categories
Politics Psychology

One’s Beliefs in relation to the World

I am regularly having my internal Belief system/ paradigms broken and reformed when dealing with Reality. It’s the way of the World.

Everything we were taught to believe in from parents, Society, school, Teachers etc doesn’t seem to match Reality whether it is the life we are in, the Society we live in or the workplace.

We were told by Society that you get good school grades, go to University/ College and get a good job; I believed in all that but that Belief system was destroyed upon graduation after the Recession (which started in the year 2007).

Talking to people who were not inclined academically yet were still successful, I learned another facet of the real world and the Education system which destroyed my former Belief system (the Belief that the Education System was the only way to success); I learned that the Education system creates obedient skilled workers and it is the CEOs/ CTOs/ Founders of corporations that employ them; CEOs that don’t necessarily have fancy University degrees and who may have self-educated themselves and had the courage and persistence to follow their Dreams to make the Corporations a reality, to be their own Boss. These CEOs recruit skilled workers to form corporations which become almost living entities as everyone who aligns themselves with the CEOs company’s mission statement become part of something greater than the individual worker. It is these entities called Corporations that create jobs and require money to keep the corporations functioning much like a living creature. These Corporations control the gold mining, the Media, paper money creation, the books we buy, the clothes we shop for, the mobile phone Apps we use, Netflix, McDonalds etc.

Yet Corporations can dissolve easily as much as they can be created simply by starving them of money. Strange that Corporations hold so much Power over the items we need, services used, our employment but when you deny them money, they disappear.

Examples of self-educated CEOs are like Richard Branson, Robert Kiyosaki, Andrew Carnegie, Patrick Bet-David.

When you move from one work sector to another or live in another country, you start to see how your original society affected your belief systems through social conditioning like how a human owner rewards/ punishes a dog to repeat/ desist a specific set of behaviours.

BeliefActionREsults

Categories
Philosophy

Law of Attraction

What you seek is seeking you.” – Rumi

What you think and say everyday will in some form or another appear in your life whether as a situation, a person or an object. The fact you are reading this particular blog post or searching through my site, intellectualthinking.com, brought you to me.

Like attracts like; nevermind the magnetic poles you learned in Science (due to the delocalised electrons from the metal’s atom), we are dealing with the abstract here, ideas.

It brings me great joy, when I look at my site statistics, to know that people around the world, however few they may be, have taken a portion of their time (a time that is limited on this Earth in comparison to the age of the Universe) to view my ideas. An exchange of ideas between minds, yours and mine. To me, that shows I have made a difference, however small it may be. One of my life’s purposes is to spread ideas.

I have read how the Law of Attraction played a part in one of my idol’s life, Arnold Schwarzenegger; when he wanted to achieve something so bad, he would visualise his future self and his future life, let that submerge into his Subconscious Mind and then he would work tirelessly towards it in the present time no matter the setbacks.