Why is this?
IN A SENTENCE, IT'S BECAUSE THE BANKS AND 1-PERCENTERS THAT OWN, OPERATE AND BENEFIT FROM THEM -- PERSONALLY AND THROUGH CORPORATIONS -- CONTINUOUSLY SIPHON OFF ALMOST ALL TECHNOLOGICAL PROGRESS BY MEANS OF FIAT CURRENCY AND TRICKS WITH MONEY.
Fiat currency is anti-Constitutional "money" that we are forced to use for all our transactions by what's known as legal tender "laws". This currency is called Federal Reserve Notes, and you may even have a few of them in your wallet. "FRNs" are anti-Constitutional because they are not backed by silver or gold, as required by Article I of the U.S. Constitution. FRNs are debt instruments, similar to "Bills of Credit" outlawed in the U.S. Constitution. That's why they are called Federal Reserve "Notes." An FRN is no longer redeemable in silver or gold, because in 1813, the New York banking cartel of the day lobbied Congress to grant them what eventually became the special privilege of printing currency, paper currency that can't be converted into gold or silver. Between 1913 and 1971, gold and silver money were thus phased out, the final nail in the coffin coming when President Nixon said the following on national TV:
"I directed Secretary Connelly to suspend temporarily the convertibility of the dollar into gold or other reserve assets except in amounts and conditions determined to be in the interest of monetary stability and in the best interest of the United States. In full cooperation with the International Monetary Fund and those who trade with us, we will press for the necessary reforms to set up an urgently-needed NEW international monetary system. Stability and equal treatment is in everybody's best interest."
This is double-speak for the fact that Nixon was announcing that the U.S. would no longer honor gold contracts with foreigners. Listen to the actual Nixon speech at http://youtu.be/rcnhF09QN78. This too should make your flesh crawl. What Nixon was telling the world in political double-speak was that the U.S. was defaulting on its obligations to settle our trade deficits (differences) in gold.(1) This is what he really meant by "suspend temporarily convertibility of the dollar into gold" -- dollars were no longer redeemable in gold. Thus was born the Federal Reserve "Note".
And also recall that, in 1971, Nixon said conversion would only be suspended "temporarily". What a joke! We still have the same suspension here in 2013, so we can see that there has been nothing TEMPORARY at all about this "NEW international monetary system" -- a system the bankers probably wanted Nixon to 'press for as an urgently needed necessary reform' as "stability and equal treatment is in everybody's best interest." Note, the "justification" is always to create monetary "stability" -- the exact language used by the Federal Reserve in their mission statement at http://www.FederalReserve.gov.
"The Federal Reserve System is the central bank of the United States. It was founded by Congress in 1913 to provide the nation with a safer, more flexible, and more STABLE monetary and financial system. . . . to maintain the STABILITY of the financial system . . . "
What Nixon did was effectively end the Bretton Woods monetary system and PERMANENTLY terminate the gold standard for the entire world. This is the moment things went haywire because, unlike gold and silver which can't be printed, paper money CAN be printed endlessly. So, obviously, "stability" through paper money is a load of crap, as we can all see 42 years later with the dollar having lost 98% of its purchasing power. And while real wages of the average American worker HAVE remained "stable" at 1971 levels, corporate CEO salaries have RISEN over 380 times the average worker's wage.
In short, the bankers love paper, fiat currency and hate gold money. The ability of the 1-Percenters' banks to print endless currency is obviously the source of the gross wealth disparity we have today. When one class of society gets to print their "money" and all other classes must work for it, how could things be otherwise?
The Role of Technology:
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