It takes long-term thinking to understand geo-political processes.
It takes a ‘niche interest’ to want to study how the world has been duped and deceived into what’s so dishonest about our money system.
And it takes a historian who wants to know the truth:
Yuri Rubtsov is a doctor of historical sciences, academician of the Academy of military sciences, and member of the International Association of historians of world war II.
The result is this article:
An excellent time line of four roughly 5-year stages, starting 1919, and an important account of the key players in finance and in industry.
Posted in Bank of England, Banks, Blind spots, Central Banks, Federal Reserve, Money Supply, National Debts, USA, Usury, War, World War I, World War II
This TED talk is about economics rather than money creation. But at least he does challenge ‘trickle down’ academic economics. Nick Hanauer has founded, co-founded and funded some 30 companies, i.e. he talks as an entrepreneur. At the end of the day, everybody can make some kind of difference. The difference the top 1% can make is just bigger!
“I am not making a moral argument. I am arguing that RISING economic inequality is STUPID. The model should be Henry Ford who intuited that
- an economy needs to be understood as an ecosystem.
21st century understanding of economics is about
- complex, adaptive, ecosystemic
- not efficient and effective.
Capitalism does not work by effectively allocating resources.
His ideas of ‘new capitalism’ include
- shrinking the size of government
- investing in the middle class
- balancing the power between ‘minimum wage’ and people like me.
Economics encode social and moral preferences, it’s not an exact science.
Fellow plutocrats, it is time to commit to a new kind of capitalism!
Posted in Blind spots, Creative Capitalism, Crisis Analysis, Economics, USA
Tagged Aetna, Anarcho-capitalism, Barack Obama, C-SPAN, capitalism, Casino, Davos, Economic inequality, united states, World Economic Forum
This email came from The Daily Bell who call themselves ‘home of the Internet Reformation’:
WASHINGTON, July 24 – Congressman Ron Paul today applauded the passage by the House of Representatives of H.R. 459, the Federal Reserve Transparency Act. The bill, which calls for a full audit of the Federal Reserve System − including its lending facilities and critical monetary policy operations − passed overwhelmingly by a bipartisan vote of 327-98.
“I am very pleased that the House passed my Audit the Fed legislation today,” Congressman Paul stated. “It has been a long, hard fight, but Congress finally is getting serious about exercising its oversight responsibility over the Federal Reserve. Auditing the Fed is a common sense issue supported by the overwhelming majority of the American people. The Fed’s trillions of dollars worth of asset purchases and its ongoing support of foreign central banks cannot be allowed to continue without Congressional oversight. Today’s passage of H.R. 459 is a good first step towards full Fed transparency, and I hope that the Senate will consider the bill before the end of the year.”
Michael Moore has held a major speech in Madison, Wisconsin and published these fascinating statistics about Forbes 400 vs. Everybody Else two days later.
This is an important article by an influential American with lots of international experience, also in Paris:
- the economic role of speculative money and the crimes committed in its service
- the fortunes possessed by defaulting money-men who have been rescued by unconsulted taxpayers
- corporations, run from metropolitan centres, whose legal headquarters are havens which escape oversight and taxation.
The unregulated western economic system has demonstrated a moral abandonment and adhesion to greed that shows no sign of ending, whatever the timorous promises made by Barack Obama, and David Cameron – current leaders of the nations from which this disaster has sprung.
GATA today brought suit against the U.S. Federal Reserve Board, seeking a court order for disclosure of the central bank’s records of its surreptitious market intervention to suppress the monetary metal’s price.
The suit was filed in U.S. District Court for the District of Columbia and targets Fed records involving gold swaps, exchanges of gold with foreign financial institutions. In a letter dated September 17 this year to GATA’s law firm, William J. Olson P.C. of Vienna, Virginia, (http://www.lawandfreedom.com) Fed Board of Governors member Kevin M. Warsh acknowledged that the Fed has gold swap agreements with foreign banks but insisted that such documents remain secret: