Many do not see the worldwide system as it truly is.
Governments and the banking cartel (such as the Federal Reserve System, and the IMF, that are members of the international central bank cartel, esp. the G-20) in cahoots with a very compliant and complicit mainstream media, are exerting their vast and considerable influence to convince deceive citizens to believe they are living in a golden era of free market prosperity.
Wall Street are at all time highs!
TRUST in central authority, they will protect you.
Wealth transfer is part of a playbook that’s been used many times in the past.
Your labor is taxed, your savings are stolen, and you pay to remain alive.
From overt slavery, to serfs, debt bondage, to 21st century policies and central banks.
The current world affairs should be alarming to everyone everywhere.
Do not sit idly by and watch everyone with bank savings silently and steadily have their purchasing power transferred to the debtors, be those public or private entities making policy.
Be aware of the system, the establishment, the policies, the debt, the wars… ~Ron
What is ‘Financial Repression’
Financial repression is a term that describes measures by which governments channel funds to themselves as a form of debt reduction. This concept was introduced in 1973 by Stanford economists Edward S. Shaw and Ronald I. McKinnon. Financial repression can include such measures as directed lending to the government, caps on interest rates, regulation of capital movement between countries and a tighter association between government and banks. The term was initially used in response to the emerging market financial systems during the 1960s, ’70s and ’80s.
BREAKING DOWN ‘Financial Repression’
In 2011, economists Carmen M. Reinhart and M. Belen Sbrancia hypothesized in a National Bureau of Economic Research (NBER) working paper entitled “The Liquidation of Government Debt” that governments could return to financial repression to deal with debt following the 2008 economic crisis.
Reinhart and Sbrancia indicate that financial repression features:
- Caps or ceilings on interest rates
- Government ownership or control of domestic banks and financial institutions
- Creation or maintenance of a captive domestic market for government debt
- Restrictions on entry to the financial industry
- Directing credit to certain industries
Read more: Investopedia
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The Coming Great Wealth Transfer
Spoiler alert! It’s already here.
by Chris Martenson Friday, March 3, 2017, 9:59 PM
In the past, I’ve warned about the coming Great Wealth Transfer. But now we need to talk about it in the present tense, because it’s here.
And it will only accelerate from here on out. The Rich will get richer at the expense of everybody else.
This isn’t personal. It’s simply a feature of what happens near the end of a debt-based monetary system run by corruptible humans.
Of course, those in charge don’t think of themselves as corrupted or villainous. I’m sure that Federal Reserve Chairs Greenspan, Bernanke and Yellen all think of themselves as good and decent people doing “God’s work”. But the truth is they’ve irrevocably harmed millions — if not billions — of innocent people.
They and other central bankers have become the standard bearers of a system that can best be described as a reverse Robin Hood scheme, one that takes from the poor and gives to the rich. It’s just that in this tale, the ‘poor’ means everybody not in the top 1%.
So you need to understand this wealth transfer process — how it works, who’s perpetrating it, and what dangers to watch for. If not, you’ll be a victim of it. And you’ll probably live in confusion and shock by how hard just ‘getting by’ becomes going forward.
Realizing that you’re being specifically targeted by a system determined to separate you from your wealth is the essential first step towards figuring out how to evade the predators and protect yourself.
[…]
Virtually everybody in the bottom 95% is being economically and financially sacrificed to bail out the prior bad decision of the central banks and their associated governments. And as that’s deeply unfair, it breeds resentment. Psychology tells us that resentment breeds contempt. And once there, relationship are doomed to fail. Our leaders have broken their covenant with the governed, and the governed are increasingly pissed. Expect that simmering anger to boil over at some point. –Read more peakprosperity.com
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Deutsche Bank and the last opportunity…
The policy of financial repression in the European Union, has weakened banks, rather than allowing them to strengthen.
Financial Repression in China…
The Chinese financial system is characterized by financial repression—in the form of low or negative real interest rates on deposits at state-owned commercial banks, capital controls, and credit rationing. State-owned banks favor lending to state-owned enterprises (SOEs), rather than more efficient private enterprises, resulting in a misallocation of capital. Deposit rates are purposefully kept below lending rates to keep state-owned banks profitable and generate tax revenue.
Central Bank’s Coffin Corner:
Title: Have Central Banks Reached The “Coffin Corner”?
Video posted 23 Feb 2017 by Financial Repression Authority
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Stephen Hawking “Said” Only World Government Can Save Us
The menace is A.I., the machines will destroy mankind, but world government is the saviour!!!
Everyone should be able to see the foolishness and deception that is “Stephen Hawking”
Title: Scientists Continue to Open Portals to Unknown Dimensions
Video posted 8 Mar 2017 by RichieFromBoston
Title: France Will DROP the Euro If Le Pen Wins! Europe is Falling Apart Rapidly!
Video posted 8 Mar 2017 by The Money GPS ~ Author Exposing the Truth
Who is funding these dangerous self replicating advanced technology?
Title: BOSTON DYNAMICS Robots to replace Humanity
Video posted 7 Mar 2017 by RichieFromBoston
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