One would have had to have been in a coma for the past eight years not to realize there has been an ongoing Wall Street banking conspiracy in the United States. The Government Accountability Office (GAO) tallied it up and found it amounted to $16 trillion in secret loans from the Federal Reserve – an unfathomable bailout never approved by Congress. On May 20 of last year the U.S. Justice Department documented a vast conspiracy by global banks in the foreign currency markets with the banks admitting to the felony charges. The former heads of Federal regulatory agencies have written books about the conspiracy. Frontline and Sixty Minutes have produced documentaries on it. Banking whistleblowers have organized to fight it in an effort to save the country. A major motion picture, The Big Short, was released this year which put one aspect of the conspiracy into layman’s language and was based on a book by Wall Street veteran, Michael Lewis. Wall Street On Parade has chronicled the ongoing banking conspiracy for the past decade.
In other words, it is supposed to be just cosmic coincidence that the world has issues all involving the “dollar” because each instance can plausibly (if only on the surface) be viewed in different ways that accidentally lead to that conclusion. Recognizing the “dollar” for what it actually is and how it connects all these seemingly disparate circumstances dissolves the fog of confusion about what is actually going on not just in money and global liquidity but also the real economy. The world has a big “dollar” problem, not an unending string of smaller individual problems that just so happen to all involve dollar funding.
When I returned to work after 9/11, there were American flag lapel pins for every employee placed by an unseen hand on our desks. But flags and patriotic music blaring from the parapets is not the same thing as truth and facts.
The families of the victims, the public, the architects and engineers who have thoroughly discredited the official story, and all of us who are repulsed by watching Wall Street bailed out of its crimes, time after time, deserve facts from a truly independent commission with meaningful subpoena power.
I define corporatism as an economic model, such as our existing, that prioritizes short term profit maximization above everything else even consuming all other aspects of society to attain that goal. Now I try not to simply opine on matters I discuss but attempt to substantiate my claims with objective quantitative analysis. And yet it amazes me the number of ‘experts’ and otherwise out there that don’t just disagree with me but quite aggressively take exception to my claims.
What is really fascinating to me is that so many stringent supporters of corporatism honestly believe they are proponents of capitalism. And it is for them that I’ve set out to unleash the iniquitous truth with such clarity so as to finally sever their misplaced loyalties to those false authorities who would have them not only believe but defend that the system is, in fact, what ‘They’ say it is.
Now before we go on, I must warn you there is a potential risk lying somewhere between jest and certainty that you will never see the world the same way again. And so if this is something that will cause you a sense of unending doom then perhaps best to click over to CNBC. And so….
The first issuance of SDR denominated bonds in the Chinese market is being implemented by the World Bank. Let that sink in for a moment. The World Bank, the great bastion of the western banking elite, will be providing SDR bonds specifically for the Chinese market. This is a major defeat for all of those who repeatedly promoted the idea that wealthy interests within China were attempting to overthrow the western banking structure or implement a competing system.
The most definitive study on fascism written in these years was As We Go Marching by John T. Flynn. Flynn was a journalist and scholar of a liberal spirit who had written a number of best-selling books in the 1920s.
Do you feel something is wrong with the United States and the global economy? Despite a respectable recovery and low unemployment, many people aren’t happy with their current economic situation or their outlook for the future. From rising prices for basic necessities or schooling, to harsh competition and low pay for lower income jobs to negative interest rates—the poor and the middle class all have their problems to deal with.
Experts in the government or central banks are trying to manage a suboptimal situation but cannot isolate the problem, let alone offer solutions. Or maybe they know what’s wrong but don’t want to talk about it because the truth is too shocking.
Enter Viktor Shvets, the global strategist of the investment bank Macquarie Group. He not only dares to think outside the box but also isn’t afraid to openly voice his opinions, which are fascinating and shocking at the same time.
“Longer term, what we’re headed toward is a systemic reset: the realization that the system as it is structured now just isn’t working, and furthermore, it cannot work. The main policy levers since 2007 have been how do we rebuild the status-quo? How do we solve what we think is a cyclical problem? And what we find now in 2016 is that those were faulty premises to begin with. It was never a cyclical problem, so status-quo policies aren’t going to work, and in fact they’re actually harmful, because they prevent the rest of the system from identifying actual workable policies for the needed systemic reset.”
In 2008; the central bankers of the West went berserk with their monetary crimes. Interest rates were driven to near-zero. Money-printing was driven to near-infinity, as represented by the Bernanke Helicopter Drop.
As a condition for engaging in monetary policies which were more insane (i.e. more criminal) than anything ever done in our economies; the central bankers promised an immediate Exit Strategy , in early 2009: the normalization of interest rates and the normalization of money-printing. Through the middle of 2016 ; we’re still waiting.
The question, never asked by media drones, and never answered by the criminal central bankers is this. If near-zero interest rates (and now “negative” rates) along with exponential money-printing make our economies stronger, why weren’t we doing this 100 years ago? Why haven’t we always engaged in such policies, like we permanently engage in such policies now? It’s because you cannot build any economy through monetary chicanery.
Political and economic events tend to swing like a pendulum, or move like the tides. What you think you know today, according to the mainstream mood, can swiftly change tomorrow. Sometimes this is mere random coincidence, but often it is engineered by the powers that be. When discerning coming trends, the only assumption I recommend people operate on is that the globalists will play the long game; the short game is only relevant as far as it serves the long game.
What is the long game? The globalists have openly admitted their goal in numerous mainstream publications, but my favorite example is the January 1988 issue of the Rothschild run magazine The Economist. The issue pronounces boldly that investors should “get ready for a global currency” by 2018. I examine this issue in detail in my article The Economic End Game Explained.
There is no ready-made answer in Austrian business cycle theory (ABCT) to the multi-trillion dollar question now looming over the global economy and markets. Is the present virulent asset price inflation disease likely to enter any time soon its final phase of bust and recession? Will this happen even though the Federal Reserve has flip-flopped on even token steps toward policy normalization and leading foreign central banks (i.e., the Bank of Japan, ECB, and Bank of England) to pursue experiments with negative interest rates and novel forms of mega-balance sheet expansion?
Astounding levels of debt in the western world in particular is the greatest financial, economic and monetary challenge facing the world today. To get debt under control is imperative. It could involve a short period when individuals legally opt to become debt free.
A hard currency regime is implemented and private central banking monetary agencies such as the Federal Reserve become totally defunct. Afterwards there is a lengthy period of shock and awe in which every asset deflates against gold until it finds fair market value with a price that is not derived from leveraged finance.
As I wrote several months ago, “The market appears to be waiting for earnings to ‘correct’ rather than prices.” As earnings increasingly refuse the license, markets are left contemplating that which was thought impossible; that the economy and fundamental environment as represented by earnings is at best stuck in a protracted and very real form of stagnation (I call it depression). At prices that are far too often valued comparable to only dot-com levels, this is a huge problem as investors are paying huge premiums for at best malaise. You don’t pay 20+ times earnings for a rut, those premium prices are reserved for actually rapid and inarguable growth.
It is, I believe, the possible last remnants of QE religion in stocks. Investors were willing to pay up for just the prospects for rapid growth that especially QE3 and QE4 would surely deliver. Like economists, stock holders viewed the arrival of the “rising dollar” with suspicion but still holding on to that QE-positive scenario as if only delayed by it.
The continuation of 2015 processes well into 2016 increasingly threatens those expectations. In other words, a “market” waiting for earnings to “correct” higher fulfilling if belatedly those expectations of QE effectiveness begins to understand that just isn’t very likely, then expectations start to turn toward paralysis as to what other piece of P/E might have to instead “correct” to restore much needed balance. The market seems dazed as if not wanting to believe this is possible, but accepting at least in part that though Janet Yellen still says it isn’t it really and truly is.
Systemic Risk Among Deutsche Bank and Global Systemically Important Banks (Source: IMF — “The blue, purple and green nodes denote European, US and Asian banks, respectively. The thickness of the arrows capture total linkages (both inward and outward), and the arrow captures the direction of net spillover. The size of the nodes reflects asset size.”)
On January 20, 2016, People’s Bank of China (PBoC) released an announcement on its website about its digital currency conference. At the conference, the PBoC urged its digital currency team to speed up effort and release its own digital currency quickly. Similarly, Bank of England, Bank of Canada, and some other central banks also expressed similar intentions to or claimed that they had considered issuing their own digital currencies. Since its creation, Bitcoin and other digital currencies have inspired the issuance of many private-issued and denationalized digital currencies. Now, it looks like that the central bank-issued digital currency is also becoming a global trend.
Most of my readers are well aware of my position on U.S. elections in general – they are an eternal farce meant to give false hope to the masses. They are designed to make the public feel as if we are participating in our own governance, when in reality, we are only ever allowed to choose from a list of candidates that the elites pre-select. This does not mean that all politicians are corrupted or controlled, but according to the evidence I have seen, the majority of government represents the desires of a select few, and not the majority of the citizenry.
There is absolutely no chance of retaking our current government by working within the system. To be blunt, the system is now structured to protect itself and nothing else. To think that it can be influenced through “elections” is an absurd notion.
Recognizing that the departure from gold and silver backing to our money has led to crushing debt and great financial instability, a few freedom-minded state legislatures have begun to consider how to defend themselves and their citizens. In particular, Utah has charted a path towards a widespread acceptance of gold and silver, declaring any gold and silver coins issued by the US government as legal tender in the state — and free from any taxation.
Which brings us to Green's startling conclusion: we may have reached that point in history, where rebellion - due to government incursion into private liberty - is once again inevitable. To wit: "We are at a point where the encroachment of government power, whether foreign or domestic, has historically resulted in some form of a rebellion against said power."
Sometimes those are futile (Whiskey Rebellion, Patriot War, Civil War), other times those are successful. Regardless, they are costly. It is likely not a coincidence that economic booms (mid 1820s, 1850s [driven by gold rush in California], 1920s and 1990s] resulted in little interest in libertarian slogans, while periods with high utility for Franklin’s quote match up well with military activity. Rogoff is approaching this period from the perspective that governments are being “deprived of tax revenues” that could be used to drive further economic growth if utilized by governments to repay debts; the “correct” approach is to view negative rates as a tax on the private sector to fund the public sector. Until this second view is embraced (which I would not count on any time soon), we should expect more proposals of this nature – and eventually their embrace by madmen in authority:
The mechanism of central banking is purposeful ruin. The end-result of this ruin is global governance. In the short-term this goal is disguised by an academic patina. But the long-term goal, an increasingly apparent one, is a brutal restructuring of the lives of seven billion people to benefit a handful of elite controllers.
(ANTIMEDIA) 2016 is the year many, many Americans began to question whether or not our elections, and to a lesser extent, our democracy (insert “it’s a constitutional republic, big difference!” here) are rigged. As I’ve argued many times in the past year, there is plenty of evidence suggesting these skeptical Americans are, indeed, onto something with their suspicions.
But the corporate media has come out in defense of America’s “democracy” — and political elites are defending the system, too. In the wake of Trump’s recent rhetoric regarding the “rigged” system, the ruling class of the United States is peddling the fiction that somehow Trump’s irresponsible sensationalism is solely to blame for the newfound feelings of illegitimacy plaguing our elections.
Take, for example, Monday’s POLITICO piece entitled “What if Trump won’t accept defeat?”:
A documentary film from my brother-from-another-mother, (haha) none other than Aaron Russo's 2011 release of Freedom to Fascism, which is just as relevant today - (if not more so) as it was when it was released!
My good-conscience compels me to share with you that which I sincerely believe is of the utmost importance to the future of our Nation and the World at large. Though it may not be popular nor generate well-deserved “shares” or “likes,” for the sake of posterity and clearing my conscience, I wish to share an article I penned five years ago back in November of 2011. Though most of us opt to avoid the topics of politics, money, and religion like the plague – I think we do so at a great disservice to ourselves and our progeny. Those who refuse to learn from the lessons of history are doomed to repeat them, and as eloquently stated by Thomas Jefferson, “All tyranny needs to gain a foothold is for people of good conscience to remain silent.” I publically lift my silence herein, and hope that one or more of you eventually do the same. My article, entitled “2012-2021 Global Spring, the Time is Nigh,” outlines the absolute and irrefutable root cause of all the political, financial, and intractable economic and social problems the Nation and the World appear to be irreversibly mired in. Thanks for reading, caring, and sharing!
Following the absolute failure and systemic insolvency that shocked global economies in 2008-2009, people of The United States , and the World at large, missed an extraordinary opportunity to champion a revolutionary shift toward liberating global citizenry from the corrupt tyrannical grip of the evil twins who have implicit mastery and command over a sacred trinity of deceit, illusion, and destruction.
Breeding Ground of Corruption
The evil twins to which we refer are the egregiously flawed Democratic/Communist/Socialist Governments of the G-20, in collusion with the Global Banking Cartels to which they grant coordinated fiat license to commit continuous legal fraud against the masses.
If you don’t know about finance and you want to learn, where do you start? Start with the money, says Paul Brodsky of Macro Allocation Inc.
Paul started his career in finance in 1982 and worked as a bond trader, options trader, fund manager, before founding the research and consulting firm Macro Allocation. He said he had to unlearn many of the principles first taught to him and focus on what’s really driving stocks, bonds, and the economy.
As a result, he returned his investors’ money in a mortgage-backed securities fund right before the housing crash in 2007 because he saw it coming. Many of the investment legends like Marc Faber and Bill Gross follow him because of his unique understanding of money, credit, and central banks.
There is a profound tale that originates from the deserts of Sindh in the Northwest of India, in which a beautiful princess is held captive by occult forces in a fortress surrounded by rushing rivers. Each of the aspiring suitors as they tried to reach the maiden drowned in its rushing waters. Eventually a prince figured out that the rushing rivers in the desert of Sindh were a planted illusion and having broken free from their trance he calmly walked across the dry sand to claim his beautiful princess.
Instead of drowning in the Sindh, if you were to wake from a planted illusion to discover that very little in life is exactly as it is presented and what we have been taught to believe is based on a lie, would you be dejected or would you calmly engage in a new beginning?
Prior to 1933, the name “dollar” was used to refer to a unit of gold that had a weight of 23.22 grains. Since there are 480 grains in one ounce, this means that the name dollar also stood for 0.048 ounce of gold. This in turn, means that one ounce of gold referred to $20.67.
A 1922 20 dollar gold certificate – this note was actually redeemable for gold on demand, i.e., it was a money substitute. Today irredeemable banknotes are “standard money”.
Now, $20.67 is not the price of one ounce of gold in terms of dollars as popular thinking has it, for there is no such entity as a dollar. Dollar is just a name for 0.048 ounce of gold. On this Rothbard wrote:
No one prints dollars on the purely free market because there are, in fact, no dollars; there are only commodities, such as wheat, cars, and gold.
Likewise, the names of other currencies stood for a fixed amount of gold. The habit of regarding these names as a separate entity from gold emerged with the enforcement of the paper standard.
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