Tag Archives: Bank of England

How the rich got richer and continue to do so: evading risk.

On the most recent episode of the Keiser Report, Max and Stacy open the show with a discussion of the chart below, which shows that the top 1 percent of the world’s population owns half of the world’s wealth, and … Continue reading

Posted in Crap-italism, Debt, Everything Is Rigged, Financial Terrorism, Financialization, Reverse socialism, Wealth transfer | Tagged , , , , , , , , , , , , | Leave a comment

Where is the money gonna come from to pay for all that “free stuff?” From thin air, of course—time to accept the truth.

NOTE: This is not an article about, or necessarily in support of Bernie Sanders.  Please don’t read it that way.  He is just emblematic of the larger point being made herein and therefore has to be referred to multiple times… … Continue reading

Posted in Crap-italism, Federal Reserve, fiat currency, Financialization, Wages | Tagged , , , , , , , , , , , , , | Leave a comment

Slavery and Secession: Old vs. New—TPP Edition

I was chastised last night on Facebook for constantly posting about the reasons why I believe that the rebel flag should be removed from Mississippi’s flag and from South Carolina’s capitol.  And of course, trying in vain to promote my … Continue reading

Posted in Civil War, Confederacy, Conspiracy, Crap-italism, Debt Slavery, Everything Is Rigged, Federal Reserve, Feudalism, fiat currency, Gold, Redistribution, Rent-seeking, Reverse socialism, Tyranny, Wage slavery, Wealth transfer | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Money Is Fake—People Are Waking Up

A great article from Charles Hugh Smith appeared on Zero Hedge today.  It’s titled “The Changing World Of Work 2: Financialization = Insecurity,” which perfectly encapsulates the entire problem faced by society.  That is, financialization is the enemy of the … Continue reading

Posted in Confederacy, Crap-italism, Everything Is Rigged, Federal Reserve, fiat currency, Financialization, Redistribution, Rent-seeking, Rentier, Reverse socialism, self-issued currency, Tyranny | Tagged , , , , , , , , , , , | Leave a comment

BANK ADMITS: MONEY IS FAKE, FICTIONAL, NOT REAL

An anniversary repost, originally appearing March 31, 2014 at my other blog, The Air Standard: The very essence of what this blog is all about has been spelled out and confirmed in an article by the Bank of England: “Commercial … Continue reading

Posted in Crap-italism, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, self-issued currency | Tagged , , , , , , , , | 4 Comments

BANKS PUT ALL RISK ON US, THEN TAKE ALL THE REWARD AND PRETEND THAT IS CAPITALISM

We all know that all fiat money, such as the U.S. dollar, is created out of thin air not by banks but by the people and only has value because said people ultimately have “faith” in it.  This is uncontroversial … Continue reading

Posted in Conspiracy, Crap-italism, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, Financialization, Redistribution, Reverse socialism, self-issued currency, Too big to fail, Wealth transfer | Tagged , , , , , , , , , , , , , , , | Leave a comment

DOES MONEY EXIST?

To answer the question in the headline–money exists as much as anything else that is completely made up out of nothing… Indeed, check out the above video from Time Magazine’s website.  What Time’s Justin Fox tells us at approximately 1:47 … Continue reading

Posted in Debt, Debt Slavery, Federal Reserve, fiat currency, Nixon Shock, self-issued currency | Tagged , , , , , , , , , , | Leave a comment

INSTEAD OF BANNING CASH, GO TO SELF-ISSUED CURRENCY

Apparently Kenneth Rogoff doesn’t think the banks and their kept governments have enough ways to screw us all over, so he is proposing a ban on cash: “Has the time come to consider phasing out anonymous paper currency, starting with … Continue reading

Posted in Asset Bubble, Conspiracy, Crap-italism, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, Financialization, Nixon Shock, QE unlimited, self-issued currency, Wages, Wealth transfer | Tagged , , , , , , , , , , , , , , , | 2 Comments

NOT NEGATIVE, JUST TRUE: “EXPENSES SOAR, WAGES STALL”

A few days ago, the website of The Washington Post ran a story with this headline–“Happy Days No More: Middle-class families squeezed as expenses soar, wages stall.”  No shit, Sherlock.  The article tells us the following: “Wages for millions of … Continue reading

Posted in Asset Bubble, class war, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, Feudalism, fiat currency, Financialization, Nixon Shock, self-issued currency, stock market, Wage slavery, Wages, Wealth transfer | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

THE SOLUTION: SINCE THE MONEY ISN’T REAL, THE DEBT ISN’T EITHER

Very interesting commentary from David Graeber (Occupy movement leader and author of “Debt: The First 5,000 Years“) on the Bank of England’s recent admission that money is created out of thin air.  Graeber sounds as excited as me in describing … Continue reading

Posted in Conspiracy, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, Foreclosure fraud, Wage slavery, Wealth transfer | Tagged , , , , , , , , , , | 31 Comments