source LibertyInOurTime What happens when the scam starts to collapse… The Great Reset! G. Edward Griffin answers the questions of Where does money come from? Where does money go? Who makes money? The money magicians’ secrets are unveiled. We get a close look at their mirrors and smoke machines, their pulleys, cogs, and wheels […]
Let us see that the virus allows us to reflect on ourselves, not simply at a national level, but at a civilizational level – at the level of the human species.
In pursuing the strategy toward China of “integrate, but hedge,” the United States and its G-7 allies attempted to manage China’s global financial role, giving the world’s second largest economy a greater stake in the existing system while attempting to prevent alternative or antagonistic emerging market economies from gaining power.
Central bankers are notoriously conservative and orthodox in their ideological positions. In the world of economics, this puts them in the position of being the political guardians of the global neoliberal order.
One is Mexican, described by the Financial Times for his “Wall Street-sized reputation for financial wizardry”; the other is Indian hailed by India’s Economic Times as “the Poster Boy of Banking” whose “chiselled features are as sharp as his brain.” Meet Agustin Carstens and Raghuram Rajan.
What is the difference between the laws of nature and the laws of economics?
If you don’t know the answer to that question, it is that the laws of nature are immutable while the laws of economics are not. In other words, the laws of economics are not really laws, they are statements about the human condition that are flexible.
For example, Say’s Law states that production creates its own demand. That is true up to a point, but only if a manufacturer is producing a product someone wants to buy.
Conceding that their grip on the economy is slipping, central bankers are proposing a radical economic reset that would shift yet more power from government to themselves. Central bankers are acknowledging that they are out of ammunition. Mark Carney, the soon-to-be-retiring head of the Bank of England, said in a speech at the annual meeting […]
Payments can happen cheaply and easily without banks or credit card companies. This has now been demonstrated – not in the United States but in China. Unlike in the US, where numerous firms feast on fees from handling and processing payments, in China most money flows through mobile phones nearly for free. In 2018 these […]
There may be a big geopolitical trend brewing in one of the world's largest banks, Deutsche Bank. Joseph offers some high octane speculation:
Chinese…
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