The great property ownership conspiracy

For generations now we have lived with a lie. We have been told it so many times that we believed it, we built our lives around it. What lie is this? It's a big one, it is the one that tells us that we should own our own homes. That we should each own our own small piece of this Earth, that it can be ours and no-one elses, and that it has a value that can only ever go up over time. It makes an odd sort of sense perhaps. There is a finite amount of Earth, and an ever increasing population so there should be increasing demand against limited supply. Of course this assumes that economics makes any sense at all, which is not exactly a safe assumption, give that social sciences in general are not known for their accuracy, or indeed their scientific nature. There is another issue at the heart of this though. Recent events in the global economy have highlighted what many people already knew, or at least suspected. We have been living in an economic fantasy for an awfully long time. Our money is a sham, value based solely on a perception of value rather than on anything tangible or real.

The idea that has kept this fallacy going for so long is that our property is the rock that allows us to borrow against future value. As long as property prices are rising we can keep borrowing against that future value and keep consuming, generating revenue for industry, which can pay more workers more money who can spend that money on more property and more credit and so on ad infinitum. Until the system breaks down. Which it now has. The idea of owning, controlling, deriving personal wealth from a portion of our planet should be anathema. We should tread this planet lightly, not shackle it and deplete it and pollute it to satisfy our own lusts. But that is really just an aside. Given that property ownership and the consumer economy have been shown for the worthless sham that they are, the question remains, to what end was this lie propagated? Who benefits? For the answer we must turn to that favourite of conspiracies everywhere, the banking elite, and no, they haven't had enough of a kicking yet!

Follow the money. The global private banking institutions make money by lending to commercial banks, creating the illusion of money. This is passed on to consumers who spend it, creating debt, which is further funded by the private banks. When the debtors default the commercial banks take the hit and the private banks make yet more money collecting on the insurance policies that they took out in the first place. There are very few winners in this game, and they are always the same. The solution? Understand that property ownership is an illusion, open a basic checking account and close all of your other banking and savings accounts. Withdraw your money as soon as it is paid into your account. Refuse to enter into direct debit agreements, cut up your credit cards, pay off your loans and reduce your outgoings until you can live within your means. The good times are over, they never truly existed, and the austerity that our politicians talk about is not even close to the austerity that we are all about to experience. Welcome to the brave new World (order).