HERE . I have been following Mr. Weir's theory on the good guys and the bad guys who want to collapse the financial system for two very different reasons. Hopefully this article will discuss some critical thought and debate.I was listening to @bixweir, who has a newsletter entitled "The Road to Roota" which he was interviewed by Jeff Berwick of @dollarvigilante, which you can listen to
THE GOOD GUYS
Based upon a cartoon posted in the 70's by the Federal Reserve of Boston entitled "Wishes and Rainbows" found HERE is the birth of Bix Weir's Road to Roota theory. The theory is that by creating unlimited amount of funds for bankers to create, the true value of a gold standard can finally be realized.
Alan Greenspan, who was a early adopter of computer programming had developed a computer program called RootA, which was the computer program that was developed to allow the banking system to basically cannibalize itself by creating too much money supply with no backing. This would create a collapse, rooting out the bad guys, and allowing for a quick return to a gold standard and honest money.
Mr. Greenspan was always a gold standard advocate from his early years, as is indicative of his writings HERE in the 1960's, and had been an outspoken advocate of honest money, other than when he was the Federal Reserve Bank chair. After leaving the Federal Reserve, Greenspan once again returned to advocating for a gold standard, as indicated HERE. So is it possible that while Chairman of the Federal Reserve Bank, he was working and tweaking the RootA program to keep the bank's cannibalization?
THE BAD GUYS
The Rothschild Family, as well as the Rockefellers and other international banking families, have used their leverage with business and political leaders to amass a fortune financing both sides of wars, revolutions and using financial crisis to further usurp freedom from individuals.
The "bad guys", the international bankers who are working hard to prop up this failing system may be in their last days. Is it a race to the bottom? Can they destroy everything? Mr. Weir believes if the "good guys" win, we are looking at 2 to 3 months of instability, whereas the "bad guys" winning would result in years and years of financial chaos, which will be used to create a global currency.
What do you think? Is Mr. Weir's theory valid? If so, who will win this battle? Only time will tell for sure. Sound off!
I've been following this theory for a while and feel that there is some legitimacy to the thought.
I think that everything goes towards a global digital money, to support a one worldwide nation and religion.
At least, some "bad guys" have this plan, but hard to know if it will be successful.
But my biggest doubt is about the "good guys": are they really good or just doing their interests?
Interesting theory, by the way. Thank you for posting :)
That's a good question, Andrew. I was just using the term Good or Bad, based on Bix Weir's theory.
Difficult to find the good people but most of us are
Too bad many people disguised as good wreck our trust in society
We are only 20 years off of running out of fossil fuels... guess we will see then...lol
Aren't fossil fuels renewable resources?
I don't think so, what makes you say that?
Loved your article but I find it very hard to see Greenspan as a good guy
I cant believe he did not foresaw the 2008 crash
Fossil fuels come from fossils, which are created as things decompose. They are being produced perpetually
not in anything like the rate we are burning them at... what do you think ethanol is? plus the faster we burn them the hotter it will get!
To quote Swayze in Roadhouse - "It'll get worse before it gets better"
Somehow that fits here. In order to rebuild something, we must first tear it down. I'm game for this RootA experiment.
Tru dat. I am preparing for either, but hoping the sound money folks win, as that will result in less death and strife.