The Italian masses get a clue

Italy

This is very significant, and good news.

The Italian government’s National Institute of Statistics (NIS) tracks things like unemployment, inflation, census data, and so on. The NIS routinely distorts figures to serve the rich.

An alternative to the NIS is the Institute for Political, Social and Economic Studies (“Eurispes”) a private Italian “think tank” whose assessments are more honest and realistic than the NIS.

On Friday (30 Jan 2015) Eurispes released the result of a poll which showed that 40 percent of Italians want to switch from the euro currency back to the Lira. At the start of 2014, only 26% of Italians wanted to dump the euro.

WHY THIS IS SIGNIFICANT

Most T.U.T. readers think the USA must borrow all its money from (Jewish) bankers. This is not true. As I have repeatedly explained , the US government does not borrow its spending money from the Fed, from China, or from anyone else. The US government creates it spending money ad hoc, i.e. out of thin air. Money for the US federal budget does not come from the Fed, nor from taxes.

Of course, far too much money in the US economy does indeed consist of bank loans (as opposed to federal spending), which results in a crippling debt load for the masses. The solution is a massive increase in government money creation, but politicians will not allow this, since politicians want you to falsely think the US government is “broke” and “in debt.”

Anyway, what T.U.T. readers falsely think applies to the USA does indeed apply to euro-zone nations that have trade deficits, such as Greece, Portugal, and France. The latter nations must indeed borrow all their money from the Troika, or from private banks, or by selling bonds.

(Germany also uses the euro, but Germany does not have to borrow its currency, since Germany has money coming in via its huge trade surplus.)

This is all by design. The euro-scam causes nations with trade deficits to fall ever deeper into debt to nations that have trade surpluses. The indebted nations have no choice but to impose more and more austerity on their masses, which widens the gap between the rich and the rest. Such nations must privatize everything (i.e. sell public assets to the rich for a little or no money). The masses are absolute slaves to bankers and to Germany.

Again, if a nation has a trade deficit, and cannot create its own currency out of thin air, then the nation must borrow all its money. That nation is doomed. Poverty and debt will increase no matter what.

Simple, huh?

And yet only one economics article in a hundred thousand mentions this fact. This is truly an emperor’s-new-clothes phenomenon.

Why? Because rich people pay pundits, professors, and politicians to conceal the truth, and to keep the masses confused, so that the gap can continue to widen between the rich and the rest.

Now here’s the kicker…

According to the Eurispes poll, “More than half of the Italian Euroskeptics think the single currency is the chief cause of Italy’s economic woes…”

THAT is new. Wow! If you knew the amount of bullshit and obfuscation that fills economics articles, then you would grasp how momentous this is. Even the new Syriza government in Greece doesn’t go this far. The Syriza clowns want to continue with the euro scam that is killing the Greek masses. Syriza doesn’t really want to change anything at all, except to put more Golden Dawn people in jail, and pass new laws against hoax denial.

Italy has a trade surplus, not a trade deficit like Greece has. This means that the Italian masses are hurting from the euro-scam, but not hurting nearly as badly as the Greek, French, or Spanish masses. And yet, ironically, it is the Italians who are starting to “get it.”

Meanwhile average Greeks have been brainwashed into having a bizarre emotional attachment to the euro that is killing them.

Average Italians think the euro is hurting them because, as they see it, the euro does not allow the government to devalue Italy’s currency. That is only a small part of the picture. The point is that if the Italian government can once again create its own money out of thin air like the US government does (and like the Italian government did before 1 Jan 1999), and no longer has to BORROW all its money, then there will be plenty of Italian Liras to pay government salaries and social security and whatnot. Plenty of money to boost the Italian economy.

HERE’S AN ANALOGY: When people put swastikas on Israeli flags in order to protest Jews, they strengthen Jews by failing to question the hoax. Likewise, when Europeans march for an end to austerity, but they ignore they euro-scam (which causes austerity) they march for more austerity.

But now – if the Eurispes poll is correct – the Italian masses are beginning to catch on for the first time in 16 years. They cannot end austerity until they first dump the euro.
elephant

Germany is screaming, because Germany wants to continue with the euro-scam that causes all money in Europe to eventually flow to Germany. And until now the Germans have been quite confident that their victims would never wake up. Germany even built a gigantic new skyscraper to house the European Central Bank in Frankfurt. The ECB literally creates money out of thin air by pressing a key in a computer keyboard. That money is lent to European nations so they stay forever in debt to the ECB. This is called a “bailout.” (!!!) Meanwhile the Germans scold their victims, saying they must “learn to live within their means.”

Sweet, huh? I create money out of thin air by touching a computer key. Then I lend that money to you. You cannot pay me back, so you must give me all your physical possessions. I swindle you out of everything, while I scold you for “not living within your means.”

This scam is QUINTESSENTIALLY JEWISH.

ECB

Members of the European Commission in Brussels are also screaming, since their power over Europe depends on the euro-scam.

More from the Eurispes poll…

“22.7 percent of Italian respondents claim that only the richer EU members have benefited from the euro and 71.5 percent of the respondents claim that their purchasing power has declined significantly over the past year.”

The “richer EU members” mean Germany, which has a massive trade surplus, and which also creates euros out of thin air. Germans are “richer” because they are THIEVES.

In fairness, politicians in the victim nations collaborate with the scam because Germany pays them to. That is, Germany only gets away with its theft because politicians in nations like Greece and France are infinitely corrupt. Likewise, Jews only get away with their hoax scam because society is corrupt.

Bankers and politicians in Greece, Italy, and elsewhere echo the lies of Germany, saying the Italian masses will be killed if they dump the euro that is killing them.  Endless LIES!

“45% of Italians would like to leave the country and live abroad.”

Yes, because the euro-scam has made their lives miserable, and now at last they are beginning to understand why.

“The poll also found that 47% of Italians say they can’t make it financially to the end of the month, 16.4% more than last year.”

Meanwhile in Greece, the masses are eating out of dumpsters because of the euro-scam.

“We seeing are the death-agonies of the euro. The single currency must eventually collapse under the weight of its fundamental contradiction: that it cannot work without a fiscal union, and the member countries surrendering complete sovereignty over their financial affairs.

TRANSLATION: there are only two ways that euro-zone nations with trade deficits can ever recover

[1] They must dump the euro

–or else—

[2] Europe must have a true fiscal union in which a central authority GIVES not LENDS money to the member states.

Otherwise euro-zone nations with trade deficits will continue to fall deeper into a nightmare…forever.

I saw all this coming sixteen years ago when the euro-scam started. I knew it was only a matter of time before the euro destroyed Europe.

Now, maybe some people are starting to awaken. Here’s hoping the truth spreads.

SOURCE

 

Source Article from https://theuglytruth.wordpress.com/2015/02/01/the-italian-masses-get-a-clue/

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