The Temptation of Frodo

In several of his recent audio blogs, V. our Guerrilla Economist has stated that all of us at Rogue Money -- readers and contributors alike -- are now standing at a historic precipice. We have an opportunity to shape the Post-Collapse system, to take the lead in Recovery, and assist others to Move Forward. It is in that creative, building-block spirit that your new RM blogger, Bankster Slayer, adds a feminine touch to the body of material here at on her maiden voyage.

Now you may already balk at the violent, destructive imagery of such a moniker as "Bankster Slayer." You may be thinking, "Shouldn't this be about Creation not Destruction?" Hold that thought and consider the natural world around you. Our frequent RM advisor, W., has noted many times that there is a powerful network of people who are constantly using the natural forces of Death and Rebirth as a tool to fashion their world view. Indeed, we cannot escape this dynamism on planet earth. That is the nature of the Life Cycle: baby seeds sprout, take root, soak up sunlight and nutrients, mature, produce fruit, eject new seeds, die back, and give way to the new seed. Wash-Rinse-Repeat.

However, once in awhile, a plant or animal succumbs to disease and may even threaten the health of the other living things in its environment. It might even feed off those around it, like a cancer, in an effort to perpetuate its own existence at the expense of everybody else. When that happens, a loving, nurturing Caretaker will remove the diseased organism. Health and balance can then be restored. Productivity of the community advances.

Sometimes the Caretaker hesitates to remove the diseased organism. Perhaps the Caretaker feels an emotional attachment and can't bear to cause the death of the beloved plant or animal. Perhaps the Caretaker feels that it's too soon to give up all hope; perhaps the diseased organism can yet recover or be reformed!

However, if the Caretaker is truly making an honest assessment of the plight that faces him, he will reach the point where he simply needs to resist the temptation of those thoughts. He needs ... to  ... just ... let ... it ... go.

It is in that context that we have entitled this blog "The Temptation of Frodo." Obviously this is a reference to the famous "Lord of the Rings" character who was entrusted with a sacred Anti-Qwest. We call it an anti-qwest because, in most fables, the Hero sets out on an adventure to acquire a treasure. But in the famous Tolkien saga, our hero is charged with destroying a treasure, not with acquiring one.

In the dramatic climax of the tale, our little Hobbit reaches the precipice of Mordor, extends his arm, and prepares to unclench his fist and let drop the Evil Ring that had ruled them all. For a moment, he hesitates. In fact, his hesitation lasts more than just a few seconds. The audience wonders if he really has the fortitude to go through with it.

Why did Frodo hesitate? Because Frodo was tempted.

He questioned the wisdom of letting go of something that, while evil, did wield immense power. As we all know, Power in itself is not bad. It can be used for Good or for Evil. He was tempted by his own false reasonings and by his comfort zone. The Ring preyed on the inherent goodness of Frodo. The Ring whispered to him, "Keep me! Keep me! How can you throw away something that can bring so much pleasure? Have I not become part of your soul?" 

Finally, Frodo's power of reason reminded him of the truth of that Evil Ring. Frodo had faith in that truth because the solid evidence of that Ring's own history was staring him in the face. The Ring was an unredeemable cancer born from the ideology of a wicked conjuror. It had to be destroyed. Frodo took the bold step and cast that Evil Ring into the fire.

All of us are Frodo. 

We have been ruled by an Evil Ring for several thousand years. We have been ruled by a system of Endless Debt controlled by an incredibly small network of Conjurors. Each one of us has been raised in a society where we were told that Debt-Backed Money is a natural part of our lives. We were told not to question its Priesthood. Somewhere along the way we got the idea that Money Just Is. "There is no alternative. We're just stuck with it. Best we can do is work with it and profit by it as much as we can."

Is it? Is that the best we can do?

We need to question that core belief. We need to question it NOW. The entire global system of paper debt-backed money will soon be brought to a momentary halt. That moment would provide the easiest point at which to wrest power out of the hands of the Money Magicians. 

However, it's pointless to remove the Money Priesthood unless a new system is ready to go in its place. And time is running out.

Many thinking people are proposing a heresy. We are proposing that these long-familiar, globally-accepted concepts listed below be abolished. This list is just a conversation-starter; we welcome your own additions in the comments at the end of this blog.

1) Debt-Backed Money
2) The Charging of Interest
3) Fractional Reserve Lending
4) Venetian-Style Double Entry Bookkeeping

In our next blog, the case will be laid out for why those four concepts are violations of the Natural Order and hence do nothing but enslave humankind in perpetual misery. 

We recognize that if the above concepts are abolished, then new concepts will need to be adopted in their place. Future blogs will lay out these ideas as well. We welcome the readers' comments because this must be a community action. As a preview, we invite you to consider this homework assignment. This is a blog authored by Colin McKay  (twitter: @DerorCurrency) entitled:

On Principal And Interest, Hermetic Magick, And The Lords of Time


Treats to look forward to in our future blogs include material from Joseph P. Farrell and Webster G. Tarpley. We feel that a crash course in the Kabbalistic, Hermetic, and Gnostic tyranny that is governing your life, whether you are consciously aware of it or not, is in order.


This battle is completely uphill. The opportunity ahead of us is wide-open. We admit, as did Frodo, that we question the collective will of Humanity to throw away the only financial construct they have ever known. We  realize that it will take solid evidence along with powers of persuasion to build such a vision. But build it we must, for the sake of ourselves and our loved ones.