smartknowledgeu's blog

Below is a 3-part video series in which I discuss how bankers have used the concept of ideological subversion to brainwash hundreds of millions of retail investors into accepting harmful propaganda that allows them to build their bottom line at the expense of the investors while simultaneously convincing investors to ignore alternate behavior that would be beneficial to their financial welfare.

These days it’s hard to distinguish mainstream media financial journalism from the funny pages. Here are some of the best stories of the past week.

The second video in my recently launched educational series, "Financial Armageddon to Freedom". This video addresses the low/zero utility of formal business education.

For all those smug PhD economists educated at the University of Chicago, Princeton and Harvard that prescribe fiat currency devaluation to toilet paper valuation as the solution to our global monetary crisis and then feign disbelief at the current state of affairs worldwide, Robert Welch predicted your favored Keynesian nightmare as early as 1958 and once again in 1974.

The world’s financial press, in which leading economists and analysts publish their work, never examines the relationship between the abandonment of the gold standard and unemployment, de-industrialization, and the huge chronic export deficits of the Western world powers. Yes, Dorothy, the bankers really are responsible for the world's financial problems today so get your head out of Oz!

JP Morgan's history of alleged fraud committed against their clients continues today when they were charged with commingling $8.6 billion of client assets with the firm's without their clients' knowledge for 7 years.

The big four Australian banks - ANZ, Commonwealth, NAB, and Westpac - have used the cover of the global financial crisis to charge borrowers more than the increase in their own costs, resulting in big profits; however, the minutiae of stories about banks gouging their customers with excessive fees distracts citizens from understanding the much more important big picture of the fractional reserve lending scam.

Since college students are already likely to end up living back at home with their parents after they graduate as the job horizon will appear no better in four years than it is today, why not spend that time immersed in self-education of how the financial and monetary systems really work? In the process, students will save their parents hundreds of thousands of dollars in tuition and save themselves the ignoble fate of being a sheep led to the slaughter by banking shills like Joseph Stiglitz, Paul Krugman and Jeffrey Sachs.

Here are 10 gold charts that every global commercial investment firm is terrified to show their clients.

Without getting into the politics of who’s right and who’s wrong in the Thailand conflict, let’s investigate an extremely important and underlying current of this conflict and every major economic conflict that is occurring in the world today - how a fraudulent global monetary system so significantly contributes to conditions of oppression and class division warfare.

Lars Schall of MMNews Germany has recently interviewed many outspoken critics of the inner workings of our global financial system including former Federal Housing Commissioner and Solari Inc. President Catherine Austin Fitts and Associate Professor of Economics and Law at the University of Missouri,Kansas City (UMKC) William K. Black. Below is my recent interview with Mr. Schall.

With six consecutive intraday triple digit swings from high to low in the DJIA index beginning last Thursday, volatility has returned to US markets with a vengeance. So who’s going to win the battle between the bulls and bears now? With the loss in confidence in global markets and the further exposure of the rigging games of markets precipitated by the 700 point drop in the DJIA in ten minutes last Thursday, sustained volatility and further corrections are likely in our near future. If so, then where’s the safest place to be now?

Central Bankers always seem to do the wrong things at the wrong times in manners that hurt the citizens of their country in the maximum amount possible. So I suggest that the next person US President Obama appoints to the Board of Governors of the US Federal Reserve should be a US Navy SEAL.

Yesterday’s slide in the US stock markets further proof that the world’s financial markets are nothing more than a rigged casino where the house (Wall Street) holds by far the better odds in every game (currency markets, stock markets, derivative markets, commodity markets) it offers the mark (the retail investor).

As long as man has lived, man has always been keen to commit grand acts of deception on his fellow man. Joseph Goebbels, Hitler's Propaganda Minister said, "The bigger the lie, the more it will be believed." The theory of global warming caused by carbon emissions is likely to be another one of these great lies. But the greatest big lie of all, in my opinion, is our global monetary system and the suppression of gold and silver prices that aid and abet this lie.