In my opinion, it’s long past time we be
brutally honest about the banks. Their influence and reach have metastasized to
the point where we now live under a captive system. From our retirement
accounts to our homes, to the laws we live under — the banks control it all. And
they run the system for their benefit, not ours.
While the banks spent much of the past
century consolidating their power, the repeal of the Glass-Steagall Act in
1999 emboldened them to accelerate their efforts. Since then, the key trends in
the financial industry have been to dismantle regulation and defang those
responsible for enforcing it, to manipulate market prices (an
ambition tremendously helped by the rise of high-frequency trading algorithms),
and to push downside risk onto “muppets” and taxpayers.
Oh, and of course, this hasn’t hurt either:
having the ability to print up trillions in thin-air money and then get
first-at-the-trough access to it. Don’t forget, the Federal Reserve is made up of and run by — drum roll, please —
the banks.
How much ‘thin air’ money are we talking
about? The Fed and the rest of the world’s central banking cartel have printed over $12 Trillion since the Great Recession. Between the ECB and the DOJ, nearly
$200 Billion of additional liquidity has been — and continues to be — injected into world
markets each month(!) since the beginning of 2016:………………..
(Full text and
charts at link below)
……..Finally, as a society, we need to wake
up and make some hard, courageous choices. Obviously, the banks will not
relinquish their control willingly. But if we start speaking truthfully and
openly about the evil we’re dealing with, we’ll start fearing it less. It’s
time for us all to speak up.
