Money Power: A Force for Freedom or Slavery? — Isac Boman at Identitarian Ideas VIII (2016)


Another young and talented man who is with us today is the Alandic economist and columnist Isac Boman. He has in a short time made himself a name as author of the thesis ‘Money Power: A Force for Freedom or Slavery?’ – published by Arktos Media. One of its important arguments is that the monetary system of today is made up of debts that can never be repaid even in theory, as there isn’t enough money in circulation to pay off the interest on these debts. Sounds encouraging, right? We would, in a hypothetically debt-free world, don’t have any money at all. Such, according to Isac Boman, in order for there to money to pay the interest, debt needs to increase in an infinite spiral that systematically makes the rich richer and the poor poorer. Don’t worry if this seemed complicated – Isac Boman will today mainly speak about the circumstances leading to him writing the book and I, therefore, want you to greet Isac Boman warmly welcome to our here gathering tonight! My honored audience, In August this year, Arktos published (the Swedish version of) ‘Money Power: A Force for Freedom or Slavery?’, which originally was my master’s thesis at Åbo Akademi University. Beyond some glimpses from the content of the book, I want, in my speech today, share something more exclusive for all who have come together here. I will do that by telling you about my background and the context that ‘Money Power’ was created from, and also relate the central message of the book to challenges that Sweden, Europe, and, actually, the whole world, is facing. 8 years old, I got an animated book about the rainforest as a Christmas present from my grandmother. It was a book with many fascinating pictures on different plants and animals. On the second last spread, the author asked a question. “The rainforest is attacked by an enemy.” “Who is it?” The answer was to be found on the last spread, where people with their machines could be seen on a deforestation site. The book made me somewhat worried, and I started to find out more about the deforestation. Because this was before the age of the internet, I took every chance I could to compare the green belt around the equator on older maps and on newer maps – to try to determine how fast the deforestation proceeded. Soon I found out that it proceeded in a breathtaking pace, which made me even more worried. Didn’t people understand that all forest sooner or later would disappear if this continued? Sure I did understand, despite my young age, that there was wood and minerals that people wanted from the forest, but what I couldn’t grasp was how it was done in a way that was so completely ruthless to nature. My interest continued, and one day when I was all alone in the little library in my school, I found another book about the rainforest. This book had a cover of a boy in my own age from some of the indigenous Amazonian tribes. Inside it was full of majestic aerial photos of the endless tropical fields of the Amazon rainforest. After having been absorbed by the book for a long while, it hit me that not only the home of the boy, but also all of this magical nature, really was about to disappear from the face of the earth. A deep despair came over me, and in my desperation I could not hold my tears back. After a while, my grief transformed into an intense anger. I remember that I clenched my fist and swore a furious promise to myself that I would do everything in my power to avert this madness. As the kid I was, my thoughts got busy with other things, and the memory of this didn’t return to me until much later. However, I’m convinced that the episode planted a seed that with time would sprout to a growing interest for my surrounding world. Soon after I began 8th grade in Middle School, 9/11 occurred. As so many others, I remember where I was that day, and watched the events on live-TV from our living room at home. Even though I, as most others, did not understand the full picture, the dramatic events captured my attention and I followed the news every day to keep up with what was going on. In an early stage, I thought that the new mantra of the American government – The War on Terror – was somewhat odd. Usama Bin Laden was presented as the main enemy, but at the same time it was emphasized that anybody, anywhere, anytime, could be a terrorist. Something turned in my stomach from the so called Patriot Act that the Bush regime implemented with exactly this reasoning as its foundation. At the same time that they talked about protecting the freedom of America and the world, people’s privacy was dismantled. Something wasn’t right. What I found stranger than anything, however, was that the adult world didn’t seem to really care about what was going on. It was self-evident to them that free countries such as the USA and the rest of the Western world wouldn’t implement a Big Brother society – that was only something for the old communist states. I felt extremely let down when the adults didn’t want to see what was going on before their eyes just as it was going on before mine. If anybody was even willing to admit that this kind of society was taking form – which was very rare – it wasn’t something to worry about if you didn’t have anything to hide. The behavior of grown-ups made me extremely confused, and I had a growing feeling that I would be obliged to do something myself. The question was – what? In the end of Middle school, the Åland Islands government elected a so called youth council. The appointment was an answer to the low interest for social issues in the young generation, and was supposed to be an advisory council to the government in questions that regarded the youth. My school held elections to appoint two representatives, and I was voted as one of those. Soon after the council had been appointed, I was also elected chairman of the council, a role I kept during my high school years. As there were no active youth parties at the time, it practically meant that I became the voice of the young on Åland Islands, and I was contacted by local media as soon as they wanted a youth perspective on some hot issue. Because of the general lack of young people in politics, several parties asked me to join their ranks, and I started thinking about where I stood ideologically. Was I red, blue or, maybe, green? I thought it was hard to choose, because it felt like all parties missed something. Something I was searching for without being able to put my finger on exactly what. In a time before the breakthrough of identity politics on Åland Islands, I thought the discussion circled around economic questions. How would they create more jobs? How would they create more growth? Who would get benefits and who would not? My conclusion was that, if I wanted to understand society, and also to understand where I myself stood politically, it was necessary to study economics. And so I began my studies at Åbo Akademi University and chose economics as my major. Besides the academic studies, I did my best to gather complementary experience and knowledge. In order to learn more about the political process, I joined the Swedish People’s Party’s youth division, Swedish Youth, and later I also worked as a party secretary for the Alandic party Future of Åland. To expand my cultural perspectives, I studied Russian for three semesters in Ukraine and Russia. I was also blessed to learn from different jobs, such as working with environmental and sustainable development questions for the local application of United Nations’ Agenda 21. During the last years of my studies I also worked in back office of Bank of Åland – which gave me a valuable insight into the financial sector. For myself, I put together a bigger puzzle, in which the pieces gradually began to fall into place. The academic climate at my university was relatively open, which provided good conditions to do something meaningful with my graduate thesis. In hopes that others would benefit of it as well, I put my soul into a project to write something of value. The result was ‘Money Power’ – which was ready in the spring of 2015. If not before, I could in connection with finishing ‘Money Power’, now definitely see how the ruthless exploitation of nature, the rise of the totalitarian surveillance state, and the superficial politics, all were interconnected. The power structures of the Western world partly reminded of those of the Soviet Union, but instead of a political nomenklatura in the Kremlin that ruled with violence as their power capital, an economic ruling class on Wall Street directed the social development and general opinion with financial capital as their tool of power. At the same time I could also conclude that this really wasn’t something new – judging for example by US President Franklin D. Roosevelt and his words in a letter from 1933, addressed to his colonel Edward Mandell House, in which he writes the following: ‘The real truth of the matter is, as both you and I know, … that a financial element in the larger centers has owned the government ever since the days of Andrew Jackson … – and I am not wholly excepting the administration of Woodrow Wilson. The country is going through a repetition of Jackson’s fight with the Bank of the United States – only on a far bigger and broader basis.’ In effect, it was obvious that this capitalist power structure in many regards was more effective than a communist one. This because it in contrast to the Soviet Union, was a structure that made it more difficult to spot the powers that be. Power could therefore be exercised from the shadows, and with a democratic veil more convincingly spread propaganda and realize an agenda. I learned to recognize names that stood out more than others in the higher realms of financial power, such as for example George Soros to name an archetypical character. The actions and statements of similar characters made it clear what they were striving for – a globalized slave-society with rootless and weak individuals with Mammon and his supervisory vassal states as lords. It was a painful realization to make, but at the same time there was also a peace in now being able to see the bigger drama playing out. However, it was very clear that others did not see it, and what I now felt was well summarized by the words preserved in the memoirs of Henry Ford: ‘The people must be helped to think naturally about money. They must be told what it is and what makes it money, and what are the possible tricks of the present system which put nations and peoples under control of the few.’ With these words in mind, I began to take steps to make the information more available to the public. I uploaded the thesis on the web, and it got some attention. For example by Nya Dagbladet, a media platform that also offered me to write columns – an offer I later accepted. Given the first reactions, it dawned on me that there might be interest out there to publish it as a book. There was a risk, however, that conventional publishers would take it back if they were subjected to pressure. Therefore, it was absolutely necessary that it would be a publisher that would stand strong against potential controversies. Åland is a small society in which everybody knows everybody, and some locals were surprised that I chose to publish ‘Money Power’ with Arktos. In local media, it was brought up that the, by George Soros sponsored one might add, Expo magazine, had called the publisher a lot of nasty things, and there was an effort made to associate me to immoral extremism when the book was launched. Personally, I viewed it as a natural step to take the chance to publish it with a world-leading publishing house when it comes to critique of the modern world, and which is also, just as Identitarian Ideas, part of a bigger and growing culture – a culture that counteracts the real extremism – the corrupted globalism that with money power as its base exploits man and nature. Part of the globalist propaganda, is to present its agenda in overtones of humanism. A telling example of what this humanism refers to, is Sweden’s former prime minister and current collaborator to Bank of America – Fredrik Reinfeldt. In Almedalen 2012, Reinfeldt announced that Sweden, just as the USA, had supported Syrian rebels with Swedish tax millions – the same mainly Islamist groups that with time would give rise to the Islamic State. In the same place two years later, 2014, Reinfeldt declared that Sweden was a humanitarian superpower, and pleaded to the Swedish people to “open their hearts” – for those that were seeking refuge from the chaos he himself had contributed to creating. Reinfeldt’s behavior is fully logical, because he is not loyal to Sweden, or for that matter to humanity, but to his globalist overlords, including the project that is still the most controversial and also the acutest to point out – namely that they by force of their full power structure, are promoting a demographic genocide in the Western world. The stigma that has been created around the biocultural integrity of European peoples is not natural – it’s a result of psychological warfare by which benevolent empathy to help people in distress, is used as a weapon together with political correctness to erase their heritage from history. Against that background, it’s not only justified to resist and change this course of events – rather it’s a moral duty before coming generations as well as before our forefathers. Europe is today subjected to a massive pressure, and her protagonists to an even greater one. The prize to pay to make a contribution to this quest is often expensive, in the form of social stigmatization and lost career opportunities as a consequence. For me, as for so many others in a forum like this, the alternative to do nothing is, however, impossible to bear. Like coal that is subjected to a high enough pressure, with time is transformed into diamond, the same transformation must become part of our destiny. In the ashes following in the wake of the destructive agenda being promoted, a seed for a new civilization is already growing. It’s a seed that has sprouted in the darkness below surface, striving upwards to the light, assured to sooner, or later, break through and bloom in its full glory. New alternatives to the structures of the current world order, has developed on many fronts especially when it comes to information channels. On the long term, it’s important that a new monetary system is also created – one that serves man instead of man serving the system. The crypto-currency Bitcoin is an example and a proof that there is a walk-able way also in the monetary field – even though my personal judgment is that the specific design of Bitcoin isn’t suitable for the needs a new currency needs to meet. A special chapter in ‘Money Power’ is dedicated to alternative monetary systems, and I encourage each and everyone to explore this theme in order to develop a worthy successor of Bitcoin as part of the new civilization’s infrastructure. In conclusion, I want, just as in the conclusion of ‘Money Power’, quote the English economist Frederick Soddy. His words from 1934 are still as topical in a world that is, at least for the time being, still dominated by corrupted structures with money power as its base: ‘Let us not enslave men that pretenders may rule, but take back our sovereign powers over money in order that men can be free.’ Thank you!

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