Source – foreignpolicy.com – “…The task for the White House and the populists in Congress was to take this private government apart and construct a democratic one. That meant …replacing the rule of banks with competitive regulated market…It meant recapturing the ability to print money and control the economy. It meant breaking apart and replacing…
Source – commondreams.org “…Instead of tackling such questions, governments and regulators have once again succumbed to the siren song of market-friendly mechanisms…Not surprisingly, the result has been a wave of greenwashing. The financial industry has happily poured trillions of dollars into green-labeled assets that turned out not to be green at all. According to a…
Source – goldmoney.com “…In this article I get to the source of the inflation problem, which is the monetary debasement of the dollar and other major currencies…I explain why GDP is simply the total of accumulating currency and credit which is wrongly taken reflect economic progress – there being no such thing as economic growth.…
Source – oftwominds.com “…Of all the mass delusions running rampant in the culture, none is more spectacularly delusional than the conviction that we can all get fabulously rich from speculation while producing nothing.…By incentivizing speculation and corruption, reducing the rewards for productive work and sucking wages dry with inflation, America has greased the skids to…
Source – scheerpost.com “…But those five corporate giants are far from the only companies that profited from the increase in U.S. Defense Department outlays following the Afghanistan invasion, which ultimately killed more than 46,000 Afghan civilians. Hartung notes that numerous other firms—including Erik Prince’s since-rebranded Blackwater, the Dick Cheney-tied company Halliburton, and DynCorp—benefited handsomely from the…
Source – wallstreetonparade.com “…According to the official analysis and report from the Financial Crisis Inquiry Commission, derivatives played an outsized role in the severity of the financial and economic collapse in the U.S. in 2008 – the worst downturn since the Great Depression. According to documents released by the Financial Crisis Inquiry Commission (FCIC), at the…
Source – michael-hudson.com –“…The Federal Reserve is keeping the interest rates low so that it will pay people to bid against each other to borrow cheap money…So that’s the story from New York. The function of the central bank is to keep the commercial banks afloat so that they won’t lose so much money on…
Source – oftwominds.com “…Here’s the illusion of stability in a nutshell: while the broadest measure of the economy, gross domestic product (GDP) has continued marching higher (in both nominal and real/inflation-adjusted terms), the amount of Federal Reserve stimulus and Federal debt required to keep pushing GDP up at the same rate has exploded higher and…
Source – internationalman.com “…When QE was implemented, the purchasing power was weak and both government and personal debt had become so great that further borrowing would not solve the problem; it would only postpone it and, in the end, exacerbate it. Effectively, QE is not a solution to an economic problem, it’s a bonus of…
Source – covertactionmagazine.com –“…HSBC is to cooperate with the Department of Justice in any and all investigations…What appears to have transpired is that HSBC was intent on providing “useful information” to the rich and powerful in order to obtain a get-out-of-jail-free card. It is clear that Trump & Co. were itching to take on China,…
Source – zerohedge.com “…Many other conflict zones, which incidentally are also key coca-growing regions within Colombia are also rich in hydrocarbons….Colombia’s cocaine production during 2020 surged to a record high of 1,228 metric tons …That volume is also significantly greater than all the cocaine produced in Colombia when the Medellin Cartel was at the peak of its…
Source – robertreich.org “…The real socialism is corporate welfare. Thousands of big American corporations rake in billions each year in government subsidies, bailouts, and tax loopholes – all funded on the taxpayer dime, and all contributing to higher stock prices for the richest 1 percent…Big Tech, Big Oil, Big Pharma, defense contractors, and big banks are…
Source – veteranstoday.com “…The three branches of government (Executive, Legislative and Judicial) and the agencies under their command—Defense, Commerce, Education, Homeland Security, Justice, Treasury, etc.—have switched their allegiance to the Corporate State with its unassailable pursuit of profit at all costs and by any means possible” One Nation Under Greed – By Jonas E. Alexis…
Source – activistpost.com – “… The word “poverty” does not appear even once. The reason is clear: Whatever “business as usual” might be with the Bank, it has nothing to do with poverty or poverty reduction. Rather, the Bank is in business to loan money by stimulating borrowing demand in developing countries, with a view…
Source – oftwominds.com –“…War is an extremely profitable business if one manages to keep the conflict out of the home country. War profiteering has as long a history as war itself….If the industry is warfighting, then wars will manifest, with “victory” being the stated goal but utilization and expansion of assets being the actual purpose.…
Source – aanirfan.blogspot.com -“..A so-called interim Afghan government is to be headed by Prof. Ali Ahmad Jalali, who just so happens to be a US citizen….’Born in Afghanistan, Ali Ahmad Jalali is currently a distinguished professor at the National Defense University’s Near East South Asia Center for Strategic Studies (NESA). Based at Fort Lesley J. McNair,…
Source – internationalman.com –“…COVID will go down in history as more than just another mass hysteria. It’s likely to be classed as an episode of mass psychosis. It’s the Salem witch trials times a million. It is even bigger than the Great Cultural Revolution in China…If you lived in the world that George Orwell projected…
Source – oftwominds.com “…The real dynamic behind this happy-story shuck-and-jive is unprecedented prosperity for those with access to low-cost credit generated out of thin air by central banks. In other words, introducing market forces leads to the dominance of those who control those forces –banks and corporations…The unraveling we’re witnessing is just getting started. The…
Source – mises.org “…To put it another way, the Bretton Woods Agreement really was a scheme to give the appearance of “sound money” all the while ensuring that the sound money regime that existed prior to the outbreak of World War I would not be reinstituted. Furthermore, Henry Hazlitt, who then was writing editorials for the…
Source – cluborlov.blogspot.com “…The benefits of hyperinflation are too many to mention here, but perhaps the most important one will be in allowing people, rich and poor alike, to make a gradual transition to life without any money at all. To paraphrase Klaus Schwab, you will be broke and you will be miserable, but at…
Source – oftwominds.com “…Neoliberalism-is all fun and games when it’s stripmining some distant developing-world nation, but since opportunities have dried up globally, the stripmining machine has come home to America and its target is America’s middle class” Stripmining the Middle Class: Neoliberalism Comes Home to Roost – By Charles Hugh Smith But once this last…
Source – goldswitzerland.com “…. Just since 2000 most currencies have lost 80-85% of their value. And since 1971 they have all lost 96-99%. The race to the bottom and to hyperinflation is now on…The risk of the dollar collapsing without gold backing was major but Tricky Dick (Nixon) together with his Secretary of State Henry Kissinger had…
Source – kirbyanalytics.com “…Without a virus, humanity would NEVER have put up with this kind of money creation. Now that the bogey man has appeared and everyone is in “lockdown” in their homes – they want to be paid and will not only tolerate but are WELCOMING the money creation – so long as the…
Source – off-guardian.org “…Major investment firms such as Vanguard and Blackrock, along with rental companies such as American Homes 4 Rent, are buying up single-family homes in record numbers – sometimes entire neighbourhoods at a time….in the last year, the private investment share of single-family home purchases is estimated to have increased ten-fold, going from…
Source – schiffgold.com “…So, despite all this fanfare about all this economic growth, all of this economic growth is, in fact, an illusion that is created by inflation. Inflation creates the illusion of economic growth even as the economy is not growing…..So, we had no legitimate economic growth at all. All we had was people…
Source – darkjournalist.com “…Catherine reveals how the Central Banking Warfare model has been utilized to bring us to the brink of world dictatorship while putting a Transhumanist control grid in place for total domination of human life. “A re-engineering of the financial transaction system as part of a larger re-engineering of the global governance system.…
Source – internationalman.com “…For some time, I’ve been saying that the economy is in the “eye of the storm” and that when it emerged, the weather would be far rougher than in 2008.. The trillions of currency units created since 2007, combined with artificially suppressed interest rates, have papered over the situation. But only temporarily.…
Source – zerohedge.com “…I started trying to connect the various events in the global financial markets directly to the length of the lockdowns. Time and time again, the money trail kept leading me back to one financial market – the $500 trillion of interest rate based global derivative contracts….Just as interest rates started to rise,…
Source – oftwominds.com “…Why Nations Fail: The Origins of Power, Prosperity, and Poverty discusses the differences between failed states and successful states, and concludes that the failed states are fundamentally kleptocracies that answer to a self-serving elite while successful states are answerable to the broad populace” Have We Reached Peak Self-Glorifying Billionaire? – By Charles…
Source – mercola.com ”…In the first quarter of 2021, 15% of U.S. homes sold were purchased by corporate investors — not families looking to achieve their American dream. The average American has virtually no chance of winning a home over an investment firm, which may pay 20% to 50% over asking price, in cash, sometimes…
Source – wallstreetonparade.com “…But here’s the really dangerous and outrageous part of this. The OCC notes on page 10 of this report that “The four banks with the most derivative activity hold 88.4 percent of all bank derivatives.” In other words, four banks out of 4,989 U.S. banks are putting the entire system at risk”…
Source – oftwominds.com “…This wholesale transfer of wealth and income from workers to Capital was documented by a RAND Corporation report, Trends in Income From 1975 to 2018. Time magazine summarized the findings: The Top 1% of Americans Have Taken $50 Trillion From the Bottom 90% — And That’s Made the U.S. Less Secure“ The…
Source – wallstreetonparade.com “…A recent review of federal court filings by Wall Street On Parade shows that at the same time that JPMorgan Chase was deeply involved with Madoff, it was simultaneously entangled with another multi-billion dollar Ponzi scheme being orchestrated by Thomas Petters. JPMorgan Chase’s involvement in the Petters case has been largely ignored…
RIELPOLITIK 