Ponzi Scheme

Massive Central Bank Ponzi Creates Permanent Distortion [Video]

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Massive Central Bank Ponzi Creates Permanent DistortionGreg Hunter – Three-time, best-selling book author Nomi Prins says the reason why there is so much uncertainty and chaos in the global economy comes down to one simple theme, and that is a couple of decades of central bank money printing has created the biggest Ponzi scheme the world has ever seen.

Prins explains, “The Fed and other central banks have created basically this idea, and put it into practice, whenever there is real crisis, however they deem it, they are going to print money, and a lot of money. . . and pushing this envelope forward on the back of a very artificial fabrication of money. That is the Ponzi scheme here.

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The Federal Reserve is a Ponzi Scheme

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Alan R. Adaschik – Most Americans are proud to be American and consider the United States to be the greatest nation in all of history, and there are many things we can point to which substantiates this belief. However, everything in life is transitory and when all is said and done, history will judge that instead of America being something special to be admired, Americans were suckers who fell hook line and sinker for the worst Ponzi Scheme the world has ever seen: the Federal Reserve Bank, more commonly known as the Fed.

The original Ponzi scheme was a swindle which was conceived and run by an Italian immigrant named Charles Ponzi, who defrauded his investors out of millions of dollars during the 1920’s. The con, like most cons, is deceptively simple. Its perpetrator convinces his clients that he is a skillful investor or entrepreneur who will make them more money than they could possibly make investing elsewhere. Once people (suckers) are hooked and give their money to the perpetrator, instead of earning a return on their investment, they are paid what they believe are earnings from money that is conned from newer investors in the same scheme. The scheme functions smoothly for a while, but an increasing number of new investors are required to pay off the older investors and keep them at bay. Of course, in the long run, this is an impossible situation and eventually, the scheme collapses with those still in the game losing everything they invested.

Understanding the above, upon examination it becomes clear that the Federal Reserve Bank has many of the same characteristics as a Ponzi scheme.

First of all, like a Ponzi scheme, it began with a lie concocted solely to suck in its intended victims — the promise to regulate the US economy such that economic booms and busts would be eliminated. In truth the opposite has been the case since the passage of the Federal Reserve Act in 1913. In fact, the Fed actually played a role in bringing about the Depression of 1929 and the deep recession which presently grips the nation.

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China’s Pivotal Role: More Questions Than Answers. Not So For Charts.

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Michael Noonan – The belligerent United States continues to assert its fading but still lethal destruction around the globe.  Just one guess who is behind the Saudi invasion of defenseless Yemen, covered here previously, [See What Moved Price? Ba el-Mandeb ]?  The Military Industrial Complex [MIC], finds it financially rewarding to sell all the military might necessary to wage war of any kind, anywhere around the world.  After all, when the primary country you occupy has over 6,000 retail stores closing, domestic business is not doing very well, so the federal government needs income from somewhere.

Are we unfairly picking on the United States?  Absolutely not, unless you are a U S citizen whose sole source of information comes from the NWO mainstream news media which is prevented from ever covering the truth.  [See Obama More Hostile Towards Press Than Any Other President In History].  Rather than try to convince anyone, in a sentence or two, that freedom of the press is just a myth in this country, we will let this WashingtonsBlog article do the heavy lifting as just the tip of the news media iceberg.

Our focus on gold and silver is more of an unconventional approach because the conventional news stories on them regurgitates a never-ending supply of statistics that have nothing to do with current prices.  What does?  The ongoing existence of the New World Order’s lead “hit man,” the corporate federal U S government, forcing the debt-ridden fiat Federal Reserve Notes [FRN], aka the “dollar,”as the proxy for keeping the largest and longest ever Ponzi scheme of enslaving the world.

It is the same US that is arming the Saudis, [who by the way, are killing the US shale oil fracking industry, thereby further weakening both the country and its fiat petro-dollar to ensure there is no other competition for Saudi oil], that started the [failed] Ukranian War, also over money, [preventing Russia from being the top energy supplier to Europe, and thus keeping the EU under the financial thumb of the US].

If you listen only to the mainstream news, Russia, which means Putin, is the despised enemy.  Yet, there is not a single piece of evidence that supports the US-led propaganda agenda that demonstrates Russia was an aggressor in the illegal CIA-induced coup of Ukraine’s previously elected president [who happened to not support US interests.] Continue reading →

You Can’t Taper A Ponzi Scheme: Time To Reboot

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“Our financial leaders, in conjunction with our political leaders, have continually re-created the web of money and credit that knits our economy together. But they have often taken only their own interests and those of the wealthiest citizens into account, not those of the general public. It is up to us to educate ourselves about money and banking, and to demand a system that is accountable to the people and serves our long-term interests.” E Brown

Ellen Brown
Ellen Brown

One thing to be said for the women now heading the Federal Reserve and the IMF: compared to some of their predecessors, they are refreshingly honest. The Wall Street Journal reported on July 2nd:

Two of the world’s most powerful women of finance sat down for a lengthy discussion Wednesday on the future of monetary policy in a post-crisis world: U.S. Federal Reserve Chairwoman Janet Yellen   and International Monetary Fund Managing Director Christine Lagarde. Before a veritable who’s-who in international economics packing the IMF’s largest conference hall, the two covered all the hottest topics in debate among the world’s central bankers, financiers and economists.

Among those hot topics was the runaway shadow banking system, defined by Investopedia as “The financial intermediaries involved in facilitating the creation of credit across the global financial system, but whose members are not subject to regulatory oversight. The shadow banking system also refers to unregulated activities by regulated institutions.” Examples given include hedge funds, derivatives and credit default swaps.

Conventional banks also engage in “shadow banking.” One way is by using their cash cushion as collateral in the repo market, where they can borrow to invest in the stock market and other speculative ventures. As explained by Bill Frezza in a January 2013 Huffington Post article titled “Too-Big-To-Fail Banks Gamble With Bernanke Bucks”:

If you think [the cash cushion from excess deposits] makes the banks less vulnerable to shock, think again. Much of this balance sheet cash has been hypothecated in the repo market, laundered through the off-the-books shadow banking system. This allows the proprietary trading desks at these “banks” to use that cash as collateral to take out loans to gamble with. In a process called hyper-hypothecation this pledged collateral gets pyramided, creating a ticking time bomb ready to go kablooey when the next panic comes around.

Addressing the ticking time bomb of the shadow banking system, here is what two of the world’s most powerful women had to say: Continue reading →

The Rot Within, Part I: Our Ponzi Economy

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“The stock market has been made the official metric of the nation’s economic health; too bad it’s a Ponzi scheme. Financial bubbles are what economist Robert Shiller calls “naturally occurring Ponzis” because the psychology of ever-rising prices and profits fuels an inflow of greater fools that sustains the bubble until all available greater fools have sunk their cash and credit into the bubble.” C H Smith

CharlesHughSmithAll the conventional policy fixes proposed by Demopublican politicos, technocrats and the vast army of academic/think-tank apparatchiks are the equivalent of slapping a coat of paint on a fragile facade riddled with dryrot. All these fake-fixes share a few key characteristics:

1. They focus on effects and symptoms rather than address the underlying causes, i.e. the dryrot at the heart of our government, society and economy.

2. They maintain and protect the Status Quo Powers That Be–no vested interests, protected fiefdoms or Financial Elites ever lose power as a result of these policy tweaks.

3. They are politically expedient, meaning they assuage the demands of vested interests rather than tackle the rot undermining the nation.

4. They ignore the perverse incentives built into current systems and the incentives of complicity, i.e. to cheer another coat of paint on the dryrot rather than face the costs of real reform.

The financial underpinnings of the economy and society are rotting from within:finance, higher education, defense, healthcare, law, governance, you name it. Continue reading →