People often ask whether I am concerned about inflation, deflation, peak oil, or a global financial meltdown. My answer is as follows.
The future is something to be created, rather than feared. Allocating our time, networks, and resources to deal with a variety of high-risk scenarios frees us to become proactive and to build positive futures instead of negative ones. I like to understand what these scenarios mean in terms of managing risk and to know how we can succeed within all possible futures.
But my business is investment, not prophecy.
The risk scenario I weight most heavily is not listed above. I call it the “Slow Burn.”
The “slow burn” is a political culture and economy managed through principles of economic warfare in which insiders systematically protect themselves and centralize control and ownership of resources by using:
- Central banks
- Currency and lending systems
- Taxation
- Regulatory and enforcement policies
- Controlled media and entertainment
Insiders use these means to drain the time, resources, and life of people on the outside. Although insider cartels compete and jockey for power, they are able to settle their squabbles by increasing control and draining everyone and everything else. This is why the bubble economy continues to deplete the real economy. It is likely the reason why Dick Cheney said, “Deficits don’t matter.”
In a slow burn scenario, it is possible to prop up trillions of dollars in financial asset values by systematically arranging subsidies that ultimately liquidate life. This is what “managing” markets really means: de-populating people and places to maintain phony values created and necessitated by derivative bets.
The reason why it is difficult for sophisticated financial people to discern that a slow burn is taking place is because we have not yet collectively mastered the operational detail of how it is implemented. This is an extremely important subject.
One of the most important aspects of the Paulson Plan to re-engineer US financial regulation is the assertion of complete control of payment systems by the Federal Reserve and gaining access to the data of essentially any financial institution. Combined with 1) the ability to print money and 2) digital communication payment and surveillance technology (satellite), this will consolidate greater power into fewer hands than at any time in recorded history.
As Nicholas Negroponte said, “In a digital age, data about money is worth more than money.”
Kudos to you, Catherine! But is it not part of the fault of the masses who for example – shop Wal Mart in favor of killing mom & pops nationwide? If we abandon college in favor of learning self sufficiency and building our own homes- that is great! But I have a broken body and age against me. I still wish I could strike out in some small town and not be upside down.
Could the rednecks have been right? BUY AMERICAN! Now all those smart economists don’t look so smart. The ol’ rednecks seem to have a message closer to yours. In those economics classes they never figured in container costs when I calculated gains in trade, so I knew there was a real world diconnect.
I appreciate what you are saying, I just am unemployed, and scared, and wonder how long I can last.
Catherine Austin Fitts is a sociopolitical & economics supernova brewing to explode in many cost beneficial & meaningful ways. But in order to get a full understaning of what is globally taking place one must revisit now just about forgotten “The Club of Rome” & diligently study all policies that came out of this sociopolitical club.
Take for example: “Codex Alimentarious” – it has been on the books since 1960s, the money to put it together has been spent. Here is the link to video that may expand the reader’s or rederess’ horizon on what is really going on.
This is example on how I did the search for “Codex Alimentarious” – anybody with Internet can do it.
http://www.google.com/search?q=google+video+codex+alimentarious
Here is the link: http://video.google.com/videoplay?docid=-5266884912495233634
There are more from the provided one – this will get one going.
What is Mathematically Perfected Economy?
For Example:
While 12,000 homes a day continue to go into foreclosure, mathematically perfected economy™ would re-finance a $100,000 home with a hundred-year lifespan at the overall rate of $1,000 per year or $83.33 per month. Without costing us anything, we would immediately become as much as 12 times as liquid on present revenue. Transitioning to MPE™ would apply all payments already made against existent debt toward principal. Many of us would be debt free. There would be no housing crisis, no credit crisis. Unlimited funding would immediately be available to sustain all the industry we are capable of.
There is no other solution. Regulation can only temper an inherently terminal process.
If you/ one / we/ are not promoting mathematically perfected economy™, then we commit us to monetary failure.
P.S.
Meltdown 101: How is the CPI calculated, and why?
http://www.washingtonpost.com/wp-dyn/content/article/2008/11/19/AR2008111903200.html
By ELLEN SIMON
The Associated Press
Wednesday, November 19, 2008; 5:14 PM
NEW YORK — The Consumer Price Index, the nation’s best-known inflation gauge, plunged in October thanks to a record drop in gasoline prices.
But if prices still seem high to you, you’re right.
Blaiming everyting else but not the true cause such as exponentially compounding usery/interests.
Note:
The Governments must free themselves from the opression of central banking – one & two – money/currency must be neutral issued debt free by the governments. The we will have real competition for customers not like we have today creating laws to do business.
Those are the two pillars of MPE
ms
Brilliant. This lady is right onto it. Particularly liked the “English” translation of the G-20 summit position. I thought they’d propose defaulting to the Euro there, with the IMF to take over as a world central bank after the next crisis meeting in a few months ( why America is being brought to its knees….the dollar will be crashed and hyperinflated ). I was wrong – too early ?
We are also in a bad way in New Zealand and watching your struggle there. The USA will be hit hardest, now, but the aim is world control – consolidated by an ongoing phony War on Terror.
It’s all just a game folks. Some people play on computers and other game systems, some people play in real life. The rules are the same for everyone, noone is disadvantaged or in an inferior position except the person that believes that “they” play by a different set of rules. I expect all the folks with victim mentalities to argue that, but I don’t care. You and I have just as much ability to accomplish what they’ve accomplished. Forget the misguided idea that because they started sooner they’ll finish first. There’s no end, there’s no “finish line” There’s no referee that’s going to say, “Game’s over, world domination achieved”. Knowing what’s going on and doing something about it are amazingly different. Seems most people are just complaining cause they didn’t know all the rules up front.
That to me is the amazing thing about religeous people. They’ll split the church over the color of the carpet, drive people out cause the don’t fit in, and then complain that they can’t pay the bills cause half the people are gone. Corporations win cause they stay together, and get more together, and more together by bringing in more and more companies/people. (A stark contrast to religeous groups, when was the last time you saw two of them merge?) Seems like the rest of us could learn a lesson from that. I think if we can, we can win.
Harry,
In the 1980’s the banksters dumped gold on the market after dropping the price of oil to retaliate against OPEC. It was their way to preempt the oil producers from recouping oil revenue loss in their economies by selling their gold to compensate for oil’s drop. It seems the same could happen now too. Of course the Banksters realize that dollar devaluation would result in a flight to gold… They have this well planned out.
As the Bank of E and IMF are the world’s largest holders of gold bullion- will they dump again in reprise? (Remember the 2008 drop below 50 dollars a barrel was orchestrated to begin with by western oil co.s to wipe out oil producing ‘rogue states’ economies.) Iran and Saudi have been buying gold in recent weeks to the tune of hunderds of billions.
there are those who are ranting and raving on the internet (bob chapman of international forecaster} that we should all drop everything and buy gold. he is scary this guy and he is
a bit of a looney.
what do you think?
It amazes me to no end the pundits and simple folk alike are intently watching to Dow for an entry point back in the market. A recent piece on NPR had an author explaining how the Stock Market transformed its 1920’s reputation as a “bawdy Las Vegas” of its time to the present “respectability” it enjoys as the undisputed repository of financial sensibility and long term financial planning.
I think the key problem for average/unconnected folks is their inability to understand and appreciate the strategic value of time. I laughed out loud from Catherines graphic of the frog and the boiling water and trust many got the reference. If one accepts the theory that history is not just a series of random events but rather a well planned and steady progression of events, it is not hard to see that the real challenge is in applying long term planning to impeccable execution and realizing that change is accomplished only by an infinite progression of miniscule change units repeated ad infinitum. This leads me to the conclusion that there may, indeed, be different types of humans, or beings occupying the same space on this planet. The intelligence and execution of these recent events, with seeds planted years and decades ago, stuns me. Although these groups may not have interests which parallel mine, it is impossible for me not to watch in amazement as this life intelligence continues to manifest and absorb everything around it.