Best of the Week
Most Popular
1. The Trump Stock Market Trap May Be Triggered - Barry_M_Ferguson
2.Why are Central Banks Buying Gold and Dumping Dollars? - Richard_Mills
3.US China War - Thucydides Trap and gold - Richard_Mills
4.Gold Price Trend Forcast to End September 2019 - Nadeem_Walayat
5.Money Saving Kids Gardening Growing Giant Sunflowers Summer Fun - Anika_Walayat
6.US Dollar Breakdown Begins, Gold Price to Bolt Higher - Jim_Willie_CB
7.INTEL (INTC) Stock Investing to Profit From AI Machine Learning Boom - Nadeem_Walayat
8.Will Google AI Kill Us? Man vs Machine Intelligence - N_Walayat
9.US Prepares for Currency War with China - Richard_Mills
10.Gold Price Epochal Breakout Will Not Be Negated by a Correction - Clive Maund
Last 7 days
US Housing Market Real Terms BUY / SELL Indicator - 16th July 19
Could Trump Really Win the 2020 US Presidential Election? - 16th July 19
Gold Stocks Forming Bullish Consolidation - 16th July 19
Will Fed Easing Turn Out Like 1995 or 2007? - 16th July 19
Red Rock Entertainment Investments: Around the world in a day with Supreme Jets - 16th July 19
Silver Has Already Gone from Weak to Strong Hands - 15th July 19
Top Equity Mutual Funds That Offer Best Returns - 15th July 19
Gold’s Breakout And The US Dollar - 15th July 19
Financial Markets, Iran, U.S. Global Hegemony - 15th July 19
U.S Bond Yields Point to a 40% Rise in SPX - 15th July 19
Corporate Earnings may Surprise the Stock Market – Watch Out! - 15th July 19
Stock Market Interest Rate Cut Prevails - 15th July 19
Dow Stock Market Trend Forecast Current State July 2019 Video - 15th July 19
Why Summer is the Best Time to be in the Entertainment Industry - 15th July 19
Mid-August Is A Critical Turning Point For US Stocks - 14th July 19
Fed’s Recessionary Indicators and Gold - 14th July 19
The Problem with Keynesian Economics - 14th July 19
Stocks Market Investors Worried About the Fed? Don't Be -- Here's Why - 13th July 19
Could Gold Launch Into A Parabolic Upside Rally? - 13th July 19
Stock Market SPX and Dow in BREAKOUT but this is the worrying part - 13th July 19
Key Stage 2 SATS Tests Results Grades and Scores GDS, EXS, WTS Explained - 13th July 19
INTEL Stock Investing in Qubits and AI Neural Network Processors - Video - 12th July 19
Gold Price Selloff Risk High - 12th July 19
State of the US Economy as Laffer Gets Laughable - 12th July 19
Dow Stock Market Trend Forecast Current State - 12th July 19
Stock Market Major Index Top In 3 to 5 Weeks? - 11th July 19
Platinum Price vs Gold Price - 11th July 19
What This Centi-Billionaire Fashion Magnate Can Teach You About Investing - 11th July 19
Stock Market Fundamentals are Weakening: 3000 on SPX Means Nothing - 11th July 19
This Tobacco Stock Is a Big Winner from E-Cigarette Bans - 11th July 19
Investing in Life Extending Pharma Stocks - 11th July 19
How to Pay for It All: An Option the Presidential Candidates Missed - 11th July 19
Mining Stocks Flash Powerful Signal for Gold and Silver Markets - 11th July 19
5 Surefire Ways to Get More Viewers for Your Video Series - 11th July 19
Gold Price Gann Angle Update - 10th July 19
Crude Oil Prices and the 2019 Hurricane Season - 10th July 19
Can Gold Recover from Friday’s Strong Payrolls Hit? - 10th July 19
Netflix’s Worst Nightmare Has Come True - 10th July 19
LIMITLESS - Improving Cognitive Function and Fighting Brain Ageing Right Now! - 10th July 19
US Dollar Strength Will Drive Markets Higher - 10th July 19
Government-Pumped Student Loan Bubble Sets Up Next Financial Crisis - 10th July 19
Stock Market SPX 3000 Dream is Pushed Away: Pullback of 5-10% is Coming - 10th July 19
July 2019 GBPUSD Market Update and Outlook - 10th July 19

Market Oracle FREE Newsletter

Top AI Stocks Investing to Profit from the Machine Intelligence Mega-trend

Just Blame the Banks

Politics / Banksters Oct 13, 2014 - 12:59 PM GMT

By: Dr_Jeff_Lewis

Politics

“I think this is a time where people will look back on us and see it as a period of practically central bank worship.”  - Jim Grant

Central bank equals big private-publicly owned banks. The populace still holds a collective deference for the banks. The view that the political financial alliance is the problem is still a rare one. Always one step from conspiracy. 


"It is well enough that people or the nation do not understand our banking and monetary system for it they did, I believe that there would be a revolution before morning".
-Henry Ford Sr.

Perhaps, but I think this is a time when people will look back on us and see this moment as the tipping point where the average man began to understand modern finance and monetary system. After all, I am writing these words, and you are reading this. 

Our monetary system is a paper tyranny and an underlying threat to everything people hold dear - even the elite.  

Loss of jobs
Declining culture of work
Dwindling opportunity 
Perpetual war
Massive wealth redistribution
Deficits and taxes
Student Loans and Impending Defaults
Subprime Car Loans
Equity, Bond Bubbles
Food, fuel, health care education inflation

Savings have been stolen through zero interest rates and compounded by inflation. They have distorted the returns on investments by inflating the money supply. 

They have deliberately manipulated interest rates, LIBOR, the housing market and, through fraud, destroyed the home equity of millions of homeowners - resulting in foreclosures for others.

Civilized societies in a state of prosperity tend to have a stable medium of exchange and property rights...

The political-financial elite are destroying the purchasing power of the dollar, and thus private property, through inflation. But the average man has no voice in this struggle - if he is even aware. 

People have forgotten what they want...that is what is preventing the revolution. People don't know they are captive. They don't feel it. If they do feel anything - it comes direct from propaganda, 
The bridge over the perceivable gap in standard of living has been built on the backs of the people - with debt. The banks are the main benefactors - and they manage to place the blame for the inevitable and ultimate crisis on the little guy using debt and guilt, failure, fear of loss. 

True, many people game the system, but any collective gaming of the few who get away with it on the street pales in comparison to the massive frauds perpetuated by the largest banking cartels to ever have existed. 

They've politics, presidents, wars, debt, guilt, lobbyists, and the media to fulfil a belief that enough power can overcome alchemy. (As a simple matter of course, they would need to handle the precious metals along the way). 

In the process they have reduced the standard of living for 90% of Americans. Fed policy tools guarantee that everyone is so inured to their system that when they implode the whole thing to rubble next, no one will have any choice but to be under their centralized world total control system. 

Or so THEY think anyway. 

Massive deficit spending erodes the dollar while transferring the difference from the people (who earned the money) to the government and the banks. Now, the richest nation on earth is insolvent with a debt that is unsustainable and an economy in chaos.

Worst of all, the Fed, dating back decades, has destroyed the sovereignty of not just the U.S. but entire nations - in the name of cheap commodities and labor that ultimately enrich the companies their member banks serve. 

At the end of the road is a world government that the bankers will control through their power and wealth.

In part, they will take it back by demanding to keep the fruits of their labor. They are doing it now, under the table, as the official labor force shrinks away. 

This in not 2008...

What we saw in 2008 was a massive containment. The mainstream was taken by surprise. I remember watching it all finally unfold, thinking that this was it. Playing out exactly as expected.

The most obvious bubble, housing, was imploding. But something happened that felt strange. The real punishment. The event that should have ended housing as a financial asset never came.

Instead, the bailouts were directed toward saving homeowners and reinflating the stock market. There was a panic to maintain the myth. So many voters were homeowners. Home "owners" held mortgages and 401k's. 

Then came TARP, TALF, HAMP, and more additions to more facilities than you can possibly imagine.

Help for the foreclosed. GAAP rules changed to help balance sheets. Yet those who would suffer the most don't hold mortgages. The hope was that the lessons would be learned. Victory gardens would become a real trend instead of the hobby of "champaign socialists".

It soon became obvious that the solutions were on one hand predictable, yet on the other hand totally acceptable.

And so it went on and on. QE worked to reflate the bubble. It wasn't the real crisis. It was a small crisis.

In the time that has passed, trading has become more dangerous new automatic and programmed. Now there is more debt. More accounting tricks.  More data manipulation.

Blatant. Everyone knows it. But the main players cannot afford to step out of the way.

And it's getting ready to roll over again. 

For more articles like this, and/or for a breath of fresh silver market reality amidst the stench of denial and technically meaningless short term price obsessed madness, check out http://www.silver-coin-investor.com

By Dr. Jeff Lewis

    Dr. Jeffrey Lewis, in addition to running a busy medical practice, is the editor of Silver-Coin-Investor.com

    Copyright © 2014 Dr. Jeff Lewis- All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

Dr. Jeff Lewis Archive

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules