Daily Micro: Yesterday’s Visionaries in Today’s World ~ Charles Ponzi (Carlo Pietro Giovanni Guglielmo Tebaldo)

Acknowledging Charles Ponzi (Carlo Pietro Giovanni Guglielmo Tebaldo)

I am not special nor was I but instead I am something else.

I am a mirror and I reflect back to you the system by which private moneychangers dominate the world.  I am debt-based currency and social security and private investment and public infrastructure and groceries and automobiles and clothing and energy, pharmaceuticals and hospitals, transportation and imprisonment, war and peace, boom and bust, Saturday Night Out and every work day, monetized art and commercial entertainment, every tithe and theft.

At about mid-age, I had turned 31, Woodrow Wilson and banker cohorts foisted the Aldrich Bill onto the public that resulted in the birth of the Federal Reserve in 1913.

Instantly I knew that my past travails as a waiter, dishwasher, clerk and translator of Italian would not compete against the powers of compound interest embedded in newly issued Federal Reserve Notes.

Nor would the average wage. In fact, I reasoned that the everyday worker would intuitively know the same. And they did.

When I offered a 50% Return in 90 days through My Security Exchange Company, we stuffed file cabinets, desks and furniture with cash. We literally rolled in paper dollars. I made $250,000 a day. This is in 1919.

When the authorities came against me, I realized the truth. Only those anointed could play this game.

I hear them talk as they come by, those anointed. They drift by in this ethereal space and they continue to plot and to plan, not for greater gain for they, too, know the coffers eventually run out, that in time, parsing must begin.

No, they look back and look forward with fondness to what they call “the End”.

~ Stephen J. Bergstrom


Comments are welcome...

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: