We discuss the government’s economic policies apparently cooked up in a crack den – literally! Tabloids in the UK claim to have footage of the Chancellor’s top economic adviser smoking crack. We also look at the economic policies this man may have been pushing and at how they cause effects very similar to those of crack cocaine.
In the second half, Max interviews Professor Richard Werner, who, in the early 1990s, coined the phrase ‘quantitative easing.’ Together they take a look at the monster which QE has become.
We discuss bankrupting nations through inflation and/or war. We look at the new bond coin in Zimbabwe where the US dollar is preferred and then to central banks where gold is preferred over the US dollar. So many fools, not enough currencies. In the second half, Max continues his interview with Liam Halligan, editor-at-large at BNE.eu and columnist at the Telegraph, about the latest on the unpayable debt crisis in Greece and about which nation will be the first to exit the euro.
A final End Game has begun. The current stage is the global rejection of the USDollar, the once respected revered and resilient currency which has in recent years fallen on its own Third World sword. QE is a Third World monetary policy, plainly stated.What remains is the loss of the most prestigious of the nation’s calling card, the USD as global reserve currency. USDOLLAR HOISTED ON ITS OWN PETARD The reaction of global USDollar rejection in response to Quantitative Easing, otherwise known as hyper monetary inflation, will go down in US history, even world history,as the greatest self-inflicted gunshot wound the head and chest in two thousand years.
In 2002, Benjamin Netanyahu already harbored some extremely strong convictions on how to deal with both Iran and Iraq. Back then, his opinions on how to deal with the particular challenges each presented were quite divergent. On the one hand, he suggested beaming “reruns of Melrose Place” into Tehran, as a way of inspiring a popular uprising. In contrast, he suggested such an approach could never work in Iraq, and instead advocated for his preferred preference: violence.
Naturally, he believed that a violent overthrow of Saddam Hussein would be a great thing. Specifically predicting that:
If you take out Saddam’s Regime, I guarantee you, that it will have enormous positive reverberations on the region.
By this measure, the U.S. scores very poorly: 4 out of a possible 5 on the Fragility Index.
There is a certain logic to the idea that stability is a good predictor for future stability: if a nation’s economy and governance are stable and devoid of disorder, this trajectory of stability will be durable, right?
- From “Spocking” in Canada to overtly political imagery in Greece, paper currency is growing in popularity - Outpouring of affection for Leonard Nimoy has inspired the phenomenon of “Spocking” in Canada - Greek artist Stefanos alters euro notes to make deliver political message - Defacing notes is illegal and a criminal offence in Canada, the EU, U.S. and most countries - Disgruntled citizens defaming already debasing currencies … this may catch on …
For those of us who remain horrified and disgusted by the 2008-09 Federal Reserve and U.S. government bailout of the kleptocratic oligarchs who created the crisis, recent comments by the mastermind of this historic theft should be extremely concerning.
Although bankers and oligarchs got everything they wanted and more from the post crisis panic, what seems to bother Bernanke is that some of the response measures had to be pursued publicly. By calling for the U.S. President to declare economic emergencies in future crises, he is explicitly saying he doesn’t want Congress involved at all, even if just ceremonially. This man is a dyed in the wool fascist.
One of the main reasons that hyper-luxury cars are outselling regular cars, is because all of the wealth gains from the oligarch recovery are going to, well, oligarchs. This has been a regular theme here at Liberty Blitzkrieg, and is further evidence that global policies implemented since the oligarch created financial melt-down, have been used to cover up its criminality, and further advance the status quo’s consolidation of wealth and power. A continuation of this trend presents the greatest threat to liberty, free markets and an evolution of human consciousness on the planet today.