Tag: central banks

Jack Mullen, THEIR MONEY – THEIR WORLD : THE FINAL WARNING HAS BEEN ISSUED

James Fetzerblog

JACK MULLEN A society becomes totalitarian when its structure becomes flagrantly artificial: that is, when its ruling class has lost its function but succeeds in clinging to power by force or fraud. – Orwell Whenever destroyers appear among men, they start by destroying money, for money is men’s protection and the base of a moral existence. Destroyers seize gold and leave to its owners a counterfeit pile of paper. This kills all objective standards and delivers men into the arbitrary power of an arbitrary setter of values. Gold was an…

Jack Mullen, WHAT ARE YOU WAITING FOR?

James Fetzerblog

Jack Mullen  If the US dollar’s global supremacy erodes, America will face a reckoning like none before. – Fareed Zakaria – CNN/WaPo BofA Sees Risk of Another FX Liquidity Crunch After Bank Crisis The global currency market is vulnerable to a liquidity crunch later this year as financial conditions tighten and economic growth slows, Bank of America Corp. warned. […]Left unattended, these threats could reverse decades of efforts to reduce poverty and fast-track development, while setting the stage for a “lost decade.” – World Bank Report The World Bank isn’t the first…

Jack Mullen, BANKS GOING BUST, AMERICANS ON THE HOOK AS BANKERS PREPARE CBDC FOR LAUNCH |

James Fetzerblog

Jack Mullen As I have explained since June of last year, the banking system in the United States is not a creation of the Constitution, and it does not belong in any way to the people. The monetary system and the banking networks that support that system are privately owned, employing privately owned copyrighted dollar bills adorned with secret society symbols and powered by lucrative privately patented technology. Dollar bills are Federal Reserve Notes, not United States Treasury Notes. The Federal Reserve and NOT publicly elected officials and agencies of the US…

Alasdair Macleod, The Era of a Financialized Fiat-Dollar Standard is Ending

James Fetzerblog

Alasdair Macleod   In recent articles I have argued that the era of a financialised fiat dollar standard is ending. This article takes my hypothesis further and explains that it is not just the emergence of new commodity backed currencies in Asia that will threaten the dominance of Western currencies, but the Fed’s failing monetary policies and those of the other major central banks. An unstoppable rise in interest rates will in large part be responsible for their demise. Financial markets in thrall to the state underestimate the forces collapsing the…