by Bol March 1, 2015
Get the plutocradt mug.The world's private-for-profit-monopoly-central-debt banks, like our "Federal Reserve" and the UN banks, are fronts for the real plutocrats in the world today.
Owners of your nations bank can be citizens of your country or of any other, but they are always anonymous, and always the ULTRA super rich (Usr), and always above all law, and immune to all taxation. They rake in massive profits directly from the country's national debt, which their bank creates by "buying" government securities with nothing but a bookkeeping entry. The Usr reap the nation's wealth as payments of income taxes and as payments on the massive loans made by their member banks to individuals an to nations.
The "super rich" are simply puppets of the Usr, as are all governments of any form. All "revolutionaries" and all wars are financed by these banks. Wars create the most debt & so are highly favored by these vampires.
The first of their kind began prior to any banks and were goldsmiths who kept people's gold for safety and issued receipts for it - the first paper money.
The borrower is servant to the lender..
Owners of your nations bank can be citizens of your country or of any other, but they are always anonymous, and always the ULTRA super rich (Usr), and always above all law, and immune to all taxation. They rake in massive profits directly from the country's national debt, which their bank creates by "buying" government securities with nothing but a bookkeeping entry. The Usr reap the nation's wealth as payments of income taxes and as payments on the massive loans made by their member banks to individuals an to nations.
The "super rich" are simply puppets of the Usr, as are all governments of any form. All "revolutionaries" and all wars are financed by these banks. Wars create the most debt & so are highly favored by these vampires.
The first of their kind began prior to any banks and were goldsmiths who kept people's gold for safety and issued receipts for it - the first paper money.
The borrower is servant to the lender..
Goldsmiths, were an early plutocracy, who soon found they could issue more gold receipts than they held gold in safe-keeping. And abracadabra the magic of fraudulent fractional reserve banking - which we are taught is just fine, when it is a root of the ulra-obscene wealth of all ULTRA plutocrats and of all corruption.
A gold based currency is a darling of the Usr because only they can truly hoard it, then have it confiscated, then finally have a paper fiat currency based on debt nationalized. This debt-fiat is the direct opposite of a paper fiat money based on the good-faith-and-CREDIT of a nation's commerce. Such a debt-free fiat currency is as much a boon to a nation as debt-based currency is a disaster.
And so the dog (Pluto) walks the owner or "the tail wags the dog".
A gold based currency is a darling of the Usr because only they can truly hoard it, then have it confiscated, then finally have a paper fiat currency based on debt nationalized. This debt-fiat is the direct opposite of a paper fiat money based on the good-faith-and-CREDIT of a nation's commerce. Such a debt-free fiat currency is as much a boon to a nation as debt-based currency is a disaster.
And so the dog (Pluto) walks the owner or "the tail wags the dog".
by Doctor Jim May 17, 2014
Get the plutocracy mug.Originally, this name referred to the Republican Party's nickname of the Grand Old Party. However, in light of the Republican's love for God and billionaires, it should be God's Own Plutocrats. All of their policies seem to favor the extremely rich, religious and white.
The Republican Party is no longer the Grand Old Party of Lincoln, but rather is the GOP-God's Own Plutocrats
by MVCatdaddy May 8, 2018
Get the GOP-God's Own Plutocrats mug.a government controlled by the wealthy
by Kyle January 15, 2004
Get the plutocracy mug.Plutocracy is the rule by the super-rich international capitalists and their retainers; the press, office holders, spies and thugs. In a plutocracy the middle class is controlled though taxation, low-cost imports (free trade) and corrupt politicians and in a communist system the middle class is exterminated. The perfect plutocracy consists of two classes only—the plutocrats and their overseers and the subsistence-level poor. The degree of economic inequality is staggering as is the low level of social mobility.
Although the word plutocracy has disappeared from some modern dictionaries, as if it no longer exists, it is in fact the only name to correctly describe many modern governments.
by OneBadAsp October 23, 2006
Get the Plutocracy mug.See America
See Canada
See UK
See France
See Germany
See Spain
See Portugal
See Poland
See Holland
See Luxemborg
See Ireland
etc.
etc.
etc.
See Canada
See UK
See France
See Germany
See Spain
See Portugal
See Poland
See Holland
See Luxemborg
See Ireland
etc.
etc.
etc.
by Elitist April 7, 2004
Get the Plutocracy mug.by apexcp July 5, 2005
Get the plutocrat mug.