
"The powers of financial capitalism had (a) far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland; a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank... sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world." - Carroll Quigley, member of the Council on Foreign Relations
If one wishes to truly understand the actions behind private Federal Reserve policy, one must come to terms with a fundamental reality – everything the Fed does it does for a reason, and the most apparent reasons are not always the primary reasons. If you think that the Fed simply acts on impulsive stupidity or hubris, then you haven't a clue what is going on. If you think the Fed only does what it does in order to hide the numerous negative aspects of our current economy, then you only know half the story. If you think the Fed does not have a plan, then you are sorely mistaken...
Central Bankers and their political proponents espouse a globalist ideology, meaning, they are internationalists in their orientation and motivations. They do not have loyalties to any particular country. They do not take an oath to any particular constitution. They do not have empathy for any particular culture or social experiment. They have their own subculture, with their own “values”, and their own social hierarchy. They are a kind of “tribe” or “sect”; a cult,if you will, that views itself as superior to all others. This means that when the central bankers that run the Fed act, they only act with the intention to support and promote globalization, not the best interests of America and Americans.
The process of globalization REQUIRES the dissolution of the U.S. economy as it exists today. Period. There is no way around it. America can no longer remain a superpower in the face of what globalists call “harmonization”. The dollar can no longer maintain its petro-currency status or its world reserve status if total centralization under a new global currency is to be achieved. Globalists believe that America must be sacrificed on the altar of “progress”, and diminished into a mere enclave, a feudal colony of a greater global system. The globalists at the Fed are no different.
Once this driving philosophy is understood, the final conclusion is obvious – the Fed exists to destroy the U.S. financial system and the U.S. currency mechanism. That is what they are here for.
This is why the dollar has lost 98% of its value since the Fed was established in 1913. This is why the Fed deliberately engineered the derivatives bubble crisis through the implementation of artificially low interest rates. This is why their response to the crisis was to create yet another massive bubble in stocks and bonds through QE stimulus. This is why the Fed is cutting stimulus today.
How does the taper play into the long running program of dollar destruction and globalization? Let's take a look...
The Multifaceted Taper Strategy
In my article 'Is The Fed Ready To Cut America's Fiat Life Support', and my article 'Expect Devastating Global Economic Changes In 2014', I predicted that a Fed taper was highly likely. Central banks almost always implant policy shift rumors into the mainstream media a few months before they implement them. They did this for TARP, for QE1, QE2, QE3, and the Taper. In fact, the Fed spent the better part of the past quarter conditioning investors to the idea of stimulus cuts, so I was not at all surprised when they followed through.
The Fed has, of course, now announced a $10 billion QE reduction just in time for Christmas and the 100th anniversary of the privately run institution. In the past, I have pointed out the tendency of central banks to enforce detrimental policy changes while the government, the economy and/or the bank itself is in the midst of a major transition. The Fed's taper announcement comes just in time for the end of Ben Bernanke's term as chairman, and the expected nomination of Janet Yellen.
This is done, I believe, because it provides an opportunity to divert blame for a crisis event they know is on the horizon. If attention is ever focused on the Fed specifically for a market downturn or bond disaster triggered by the ever present dollar bubble, Yellen can simply blame the QE policies of Bernanke (who will be long gone), while promising that her “new” policies will surely repair the damage. This placates the public and buys the central bankers time to do even MORE damage.
The taper itself is not just a “head fake”, however. It is a far more complex action. Tapering provides a method of psychologically distancing the Federal Reserve from the consequences of market movements. The banksters are essentially proclaiming to the public that their work is done, they have saved the economy, and now they are moving on, be it only $10 billion at a time. Whatever happens from here on is “not their fault”.
Most alternative analysts expected no taper of QE, and for good reason. While the mainstream touts the propaganda of economic recovery, independent financial experts understand that little to nothing was actually accomplished by the bailouts. Virtually no stimulus was absorbed in a localized way by mainstreet business. Real unemployment counting U-6 measurements still stands at around 20%. Real estate markets and home prices have a received a small boost, which at first glance appears positive until one examines who is actually buying; namely big banks and international investment firms snapping up properties only to reissue them on the market as rentals:
http://dealbook.nytimes.com/2013/06/03/behind-the-rise-in-house-prices-wall-street-buyers/?_r=0
U.S. holiday retail sales and annual retail sales have been the weakest since 2009:
The only thing that QE ultimately accomplished was a spectacular rise in stocks through direct manipulation, which Fed agents like Alan Greenspan and Richard Fisher now openly admit to. The problem is, while gamblers in equities proudly boast about the Fed induced bull run in the Dow and how much money they have made, they remain oblivious to the underlying cost of the charade. Market investors have been enriched, yes, but little do they know that stock legitimacy is about to be sacrificed.
The price to earnings ratio of stocks (the market value of stocks versus what they SHOULD be valued according to the actual earnings of the companies listed) in the S&P 500 today stands at around 15, which is the highest it has been since before the 2008 market crash. Mainstream economists attempt to dismiss the issue by using a 15 year average while claiming that the P/E ratio in 2013 is mild compared to the tech bubble of the late 90's. What they don't seem to grasp is that the market of the past four to five years is an entirely different animal compared to 15 years ago.
Stocks in general have received considerable support through purchases by Fed bolstered banks and the Fed itself, creating an atmosphere of artificial demand for equities using QE fiat injections. Though no full audit of the bailouts exists (TARP is the only measure audited so far), it is projected that the banking sector alone has garnered tens of trillions in Fed fiat, which they have used to inflate their otherwise debt ridden holdings. It is only logical to expect that this capital tsunami has been used by numerous companies as a way to present false earnings. Goldman Sachs, JP Morgan, and Morgan Stanley all reported substantial profits for 2009 while at the same time reporting massive liabilities caused by the derivatives crash so that they could collect on the bailout bonanza.
So which one is it? Are companies making profits, or are they wallowing in insurmountable debt while presenting government stimulus as a form of profit?
What the Fed and corporate banks have done is create a market in which neither earnings, nor stock values can be trusted. The fact that the P/E ratio is higher than it has been since 2008 despite this manipulation should concern anyone with any sense.
Worst of all, the Fed's monetization of U.S. Treasury debt has only expanded while foreign investment in long term debt has contracted. With our official national debt growing by at least $1 trillion per year, our country cannot continue to function without an ever increasing amount of foreign investment, or, Federal Reserve printing. The Fed cannot make cuts to QE if our system is to survive (if you want to call it survival), the Fed must expand QE forever, or at least until the dollar implodes due to hyperinflation.
So then, why has the taper been introduced at all? No one wants it. The government shouldn't want it. Investors certainly don't want it. Our economy is utterly dependent on the opposite. What purpose does it serve?
The assumption has always been that the Fed wants to keep the system afloat. I submit that things have changed. I submit that the Fed no longer wishes to prop up our fiscal structure, or at least, no longer wishes to be seen as propping it up. I submit that the Fed is not pursuing dollar destruction through standard hyperinflation, but rather, they are preparing the U.S. for default, which also will result in currency implosion.
The Taper Parallels
"It must not be felt that the heads of the world's chief central banks were themselves substantive powers in world finance. They were not. Rather they were the technicians and agents of the dominant investment bankers of their own countries, who had raised them up, and who were perfectly capable of throwing them down. The substantive financial powers of the world were in the hands of these investment bankers who remained largely behind the scenes in their own unincorporated private banks. These formed a system of international cooperation and national dominance which was more private, more powerful, and more secret than that of their agents in the central banks. " - Carroll Quigley, Tragedy And Hope
Initial shock over the taper scenario has not sunk into the markets yet (as Zero Hedge points out, the last time a major central bank cut stimulus measures to a dependent country, stocks rallied, then crashed within months). Few people see much difference between $75 billion per month and $85 billion per month, but the size of the cuts is not really the issue. Rather, it is the Fed's act of fading into the background that should concern us.
The taper announcement parallels perfectly with the accelerating debate over the U.S. debt ceiling, and I do not think this is at all a coincidence. Tapering seems inconceivable to many, but for the Fed it makes perfect sense if the goal of the globalists is to generate a default scenario while diverting blame. I believe that Americans are being prepared psychologically for just such an event. Already, the White House is warning that government funding will essentially disappear by the end of February:
http://www.reuters.com/article/2013/12/19/us-usa-fiscal-idUSBRE9BF1FW20131219
The expectation fostered by the mainstream media is that a debt fight similar to the October theater will not happen again. I agree. I believe the next debate will be much worse. The vast majority will assume that the “can” will be kicked down the road again, and they may be right, but given the Fed's behavior, and given that they have begun to taper despite what appears logical, many people may be in for a shock when our government also suddenly decides one day soon to buck assumptions and default rather than prolong the pain.
The full spectrum failure of Obamacare only adds excuse and incentive. There is no longer a legislative centerpiece rationale for further spending. Obama's approval rating is at historic lows for any president. The stage has been set for the most epic of fake political battles.
The Left and Right leadership, at the top of the pyramid, are nothing more than flunkies for the global elite. If globalists have decided that it is time to apply the final death blows to the dollar, default would be the quickest and most efficient way, and political puppetry can easily make it happen. The calamity would be blamed on “partisan bickering” and “government gridlock”, or even the inefficiency of “democracy”. The Fed, with its taper in place and its fake recovery established, would be presented as the only “sane” institution at America's disposal.
Perhaps at this point even more pervasive QE programs would recommence, perhaps not. At bottom, though, the taper is not a peripheral issue. It is an action at the center of a much more elaborate process, an action that seems to have been undertaken in preparation for a larger event. The next year is shaping up to be the most chaotic since the debt crisis began in 2008, and as the situation progresses, the subtleties of the Federal Reserve and the international banks that back it must not go unnoticed, or in the end, unpunished.
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written by Taper Tom , December 21, 2013
Brandon sometimes the simplest and most logical is the correct one. Bernanke HAD to taper for one large reason-to give the impression that the economy was improving and to show he is still in control. Expectations were too high for a taper.
written by Sergio , December 21, 2013
Disagree that partisan bickering will kill the republic. Only a sideshow.
Paradigm shifts are accomplished with a bang, not a whimper.
Thought-provoking article, ntl.
Merry Christmas
written by Anthony Alfidi , December 21, 2013
Central bankers aren't all internationalists. China's PBOC puts China's interests first, for example.
The Fed has merely signaled its intent and has not even begun to unwind its balance sheet. Note that MBS prices dropped slightly after the taper announcement.
written by Steve B , December 21, 2013
Not just yet, but stick around. The rest of the looting of the middle class to reduce us to Quigley's feudal state is about to occur. Consider Lindsey Williams' latest message (no doubt missing important details)from his globalist oil executive contact from the Alaskan pipeline days. Clearly one of the uber elite who run the show above the central banker lackeys. It should not be lost on us that these characters use a Christian pastor to deliver their diabolical messages. (I have no hostility to religion but I identity with no religion.) So this guy tells Williams that within 90 days (so around February or thereabouts), there will be a "global currency reset" orchestrated through the IMF (Quigley again, though it is the BIS at the top here). The dollar will lose its reserve status, an unnamed new reserve currency (being robustly purchased by the insider in the interim as they sell Treasuries like mad) will be installed, and before total bank collapse in early 2015, US pensions will be confiscated to pay down the US debt (30-50% minimum). So if the Taper is about the Fed announcing it is NOT the buyer of last resort any longer (and the usual buyers arer now selling rapidly), default will occur, likely temporarily delayed through the pension confiscation. So, yes, the Taper is part of the strategy to make this happen.
Too many alternative commentators think the world is somehow multi-polar (Anglo-Americans v. Asians/Russia), but this I think is malarkey. At the top, like Fleming's character Blofeld, all sides are run by the same shadowy people. Note how Fleming's Blofeld in the movies is faceless, stroking his cat, but aspires to control all sides. Fleming, of course, was high level MI6 and Greg Hallett said it was he who smuggled Hitler out of Germany in Operation Winnie the Pooh. His novels were all based on factual history. According to this globalist, the dollar will be devalued at least 30% at or near the time of the reset, and all currencies will trade within a narrow band thereafter. The new currency will be backed by gold. See all that gold leaving the Anglo-American hands headed for Asia? Since these rootless scum own China, it is their gold, storage facilities shifted East, bought on the cheap through the manipulation of the paper markets over the last few years. So we also hear the reports about how the metals exchanges are out of physical. Which means the paper gig is up as well, and default will occur there as welol. So with the gold all secured, US takedown is upon us.
The US existed over the past couple of decades post 911 (as false a flag as there ever was) to standardize the Middle East. This has been done, with the possible exception of Iran, though even there, as I mentioned earlier, Ayatollah Khomeini was an MI6/CIA asset, so what has changed over there since he died? Just more mullahs and another ayatollah. And more opportunity for World Theater. The US except for the pension grab has been destroyed economically, morally and intellectually. Seems to me the time has come for the brutal moment. All those US bases will be occupied by NWO troops and NATO will be merged into the NWO.
written by Edward Ulysses Cate , December 21, 2013
Well said, Brandon.
This certainly fits into the theme of the old 1889 book:
"The Great Red Dragon: Foreign Money Power In The United States." http://GreatRedDragon.com
In more simple terms, the book stated that the goal was "to own the earth in fee-simple." It seems to me that one way of reaching this goal would be to create money out of thin-air and buy paper instruments (bonds) that are backed by property. Perhaps we could call it "country-title loans."
written by Ansel Lindner , December 21, 2013
@steve
First, a new currency backed by gold? There is no way the shadowy globalist you speak of would relinquish their power to print.
Second, the events in Syria seem to prove at least some sort of Russian/Chinese axis arrayed against the West. Energy, just as much as currency is at the heart of most geopolitical struggles.
Third, I can imagine some Westerners have relocated to the East and are the source of much of the gold purchases there, but the Chinese are proud and would not suffer the domination by whites in their country for long. The Communists have protected China in a way.
Fourth, the brightest people usually are on average the most moral, therefore an immoral cabal would be run by less bright people. I just don't think they are that smart.
Lastly, suddle trade talks, news items, and military posturing show the real chaos just under the surface of the supposed calm dominance of large players amongst the countries of the world.
written by Ansel Lindner , December 21, 2013
The intricate the Web, the more weak spots there are. I do think the weight of the complexity of the world economy is starting to break the established system, but it is too large to be organized by a handful of people.
www.thefuturereset.com
written by Ansel Lindner , December 21, 2013
Human nature is competitive, especially amongst the user power elites. They would fight one another, even if they agreed to cooperate, there would be secrets kept and used to gain ground against the others. They would not be able to hold together for long. 'Teams' would form along cultural lines, and compete against each other. This is human nature.
written by Steve B , December 21, 2013
Ansel,
A couple of further thoughts in light of your response:
1. Undoubtedly these guys can give up their power to print money. For them paper is just a modality of control over the fake economy. Inflation/deflation/asset seizure. No longer needed when tou have a world feudal state Paper is worthless and for them ONLY gold/silver is real money/value. No doubt it can be argued that this is not inevitable (oil or another commodity might even be more logical), but it has been so for thousands of years. With the NWO installed, they no longer need the printing press as a modality of control and money itself is really a triviality at that point.
2. the infiltrated Freemason's motto is Ordo ab Chao. Chaos is critical to make what Icke calls problem-reaction-solution occur. But the insiders create the problem, wait for the reaction and then provide the solution. When you need to standardize the Middle East, you run 911 and bomb the shit out of the Muslim countries. Right wing screams "kill the filthy raghead infidels and America haters" and the "left wing screams ""this is blowback for imperialist exploitation." But 911 was neither, of course, and the two sides scream irrelevancies as the Show Goes On. For this you need just a few people at the top and "assets" and "useful idiots" down the chain to make the chaos happen. We do not even know who precisely pulled off 911. Most of these assets and useful idiots will be true believers who fight without the least understanding what they are doing, as they believe in multi-polarity. But you MUST control both/all sides of the Chaos to create the correct result--or else it would not be undertaken. Smedley Butler said years ago that his whole military service was a farce as it was only in the service of a "racket." He was working for globalists. Wall St/City of London bankers created the USSR (funded the Tsar's overthrow via the Communists) and the bankers funded both sides of WWII. This is all on record at this point. Hallett wrote a book called Hitler was a British Agent, and I recommend it. But Antony Sutton made many of the same points. WWI was no different. The Cold War was a fake to weaponize outer space (via the exoteric show called the mutually assured destruction nuclear arm's race) for the NWO feudal state, and Sutton points out that the entire time the USSR was funded by the West, without which support it was dead in the water. The first thing Lenin did when he got the reins was murder all the Mensheviks and many of the Bolshevik true believers. Useful idiots. Esoterics and exoterics. We are always given the exoteric story, always a lie. Lenin announced he could not trust anyone who would openly commit such lawless violence. Lenin and a few others were all that was needed. Same will happen here.
3. David Rothkopf (Kissinger Associates, CFR, etc) wrote a book called Superclass where he openly says that 6000 people TOTAL run the world, and of these only 20 families matter, the rest being plan effectuators. These top people are called the Black Nobility. This would be Blofeld. Williams' globalist contact has said numerous times to him that "only a few people run the world." Rothkopf also openly says that these families control everyone: military, banks, politicians, foundation, even the freaking mafia.
4. The Theater is fantastic and the Show Goes On. But there will be no show once the NWO is installed. Bill Joy 12 years ago wrote in Wired "Why the future doesn't need us" wherein he describes a high level insider meeting he attended, where the elimination of most of the human race was discussed. The only real question, he said, was whether it would be a fast kill or a slow kill. Slow kill is everywhere you look. but fast kill was the consensus. Robots are poised to take over warfare (the Pentagon openly says it will not need human boots within 10 years, which means they are ready NOW) and even China is replacing its great underutilized work force with robots. All those people with no jobs? Won't the regime leaders be scared as hell? Won't there be civil unrest? Not if the proles are dead. The future doesn't need us. Depopulation via pandemic will be the likely fast kill modality, though other methods could be used as well. This is supposed to occur under UN Agenda 21 after we are evicted from our land and herded into small apartments in city areas. This is well underway also. Then the Bug Spray. We already have the chemtrails and they are spraying China with this toxic filth as well.
5. None of these globalists has the slightest concern about China, Russia, or anyone else. Because they own them. The whole plan is on track for them. Tesla said he had a weapon that could split the earth in half. JP Morgan loaned money to Resla and all his research notes were expropriated by Morgan when they likely killed Tesla when his usefulness was over. If you have THAT sort of weapon, why would anyone bother you? Nukes are air guns. These are the EM pulse weapons and other sorts of exotica that we don't even know about.
Steve B
written by StUdio , December 21, 2013
culpability in setting the rate the USD is devalued in relation to all other currencies in the soon-to-be IMF global currency re-set rate...
right now the USD will lose +30% of Its value vs the Euro or Yuan and 90% of the other 203 nations in the IMF re-set
written by The Truth , December 21, 2013
Excellent Article! I must say reading this clarified even my own thoughts. I even said to myself, money printing and gold goes down, tapering and gold goes down. But what is the real reason for all this? It makes absolute sense that the elephant is moving out the room and leaving the mess for someone else to clean up. I can guarantee the FED will be the one offering the solution when this all comes crashing down. I heard Lindsey Williams say there will be a currency devaluation in the next 90days. Well that would put us at Feb or early March. Also read that government may run out of money by April 15th 2014, but the real is they are already out of money..
written by moerstaal , December 21, 2013
I know KTM personally.
He mentions statistical improbabilities...
A year ago I had a rough time with him due to the common brainwash we all perceived.
Your first reaction is out of cognitive dissonance.
Instead of listening you disapprove the messenger.
Anyway, you do respond.
That is the first step in your search for truth.
Btw; Thanks for not applying Godwin's Law.
Or did I just say too much... ;-)
written by Seen2013 , December 22, 2013
Brandon Smith,
Frankly, if I was to hazard a guess, I can think of a few possibilities but in general:
1). World War.
2). The US Dollar among other national currencies are repealed as legal tender and new cashless legal tender is made.
3). The determined power-structure as an Cashless Authoritarian Police State is rolled out or otherwise Stage 4 Bismarkianism.
The exact sequence is definitely open-ended, but it'd certainly will be used to progress towards the desired outcome.
written by DougS , December 22, 2013
Steve B... as for #2, being an active North American Freemason for close to 25 years, I must be very stupid and unattentive for I have never been taught, heard or read anything about creating chaos. Everything I have learned is about harmony and helping one another. The motto I learned was "Making Good Men Better". Gee, chaos. Freemasons created the first library in the US. Shriner's Hospitals and various other filanthropy's throughout the world. If this is chaos, then I am a monkey's uncle.
written by Hoist more bs , December 22, 2013
Got this book ( Tragedy and Hope 1966 print) from the library...needless to say, it is going to take a while for me to get it back up there.
written by DougS , December 22, 2013
Brandon, another reason for inflated stock prices is at near zero percent interest rates, corporations are borrowing money to do massive stock by-backs. Here is an excerpt from Bob Rinear at InvestYourself.com: "Companies have taken advantage of these incredible low interest rates by taking out loans. "Borrowing" money. And what have they done with it? Expanded plants? Nope. Hired more people? Nope. They bought back their own stock, and increased dividends, driving the stock price up. Is that not "jamming the market higher??" It is. By just March of this year, companies had announced over ONE TRILLION dollars worth of buy backs".
Zero interest rates also rob people of income and well being. Ask any senior that was able to have saved a few bucks for a secure retirement.
written by Hoist more bs , December 22, 2013
this is classic: http://video.cnbc.com/gallery/?video=3000176936
written by DougS , December 22, 2013
I love Santelli- straight shooter. I bet the stasi at CNBC skirms when he lights off. He handed Hobbs is hat lol
written by Dennis Riness , December 22, 2013
Hello Brandon,
Great article. I'm in full agreement that deflation can and probably will be introduced. It is an old game the Illuminati have played over the last couple of centuries: expand the money/credit supply; get everyone over-extended; stop the expansion and/or shrink the money/credit supply; and buy up all the real stuff for ten cents on the dollar. The last few years have perfectly positioned the insiders to do just that. Their junk portfolios have been off-loaded to the Fed. They are sitting on a great deal of cash. It is the perfect time to strike.
See my website: civilizationengineering.com on how to build the alternative. This coming collapse/chaos will be the perfect scenario to permanently escape this prison if we are ready.
written by Pdog , December 22, 2013
Dear Mr. Smith:
Brilliant as usual. There's a fella' with a site called the X22 report which mirrors much of what you have said but with a slant more to media manipulation and wars. You might want to check him out if you haven't already. His name is Dave.
written by William Wallace , December 23, 2013
BS, I see no reason to delete comments and refuse to listen to someone simply because they criticize kazars. With such a small population and such a large footprint in world finance, this organization might be worth a little extra study on your part. Who would Voltaire say is your ruler?
written by truth2 , December 23, 2013
You are ignorant and hateful. The mere fact that you call Jews an "organization" tells us how far you are removed from reality. Keep your baseless truthless assertions for Stormfront or some other backwoods hate website. The devil is your ruler.
written by Steve B , December 23, 2013
Doug,
My father (and his father) was/were 32nd degree Freemason(s). My father was a man of impeccable integrity and honesty. Went to the meetings every week for years. And then suddenly wanted nothing more to do with them. I think he got invited to join the higher degrees (40 and above--the saying "life begins at 40" is the Fremasonic 40th degree) where the real esoterc teaching occurs. This is real nastiness, including demonology. They were infiltrated a couple of centuries ago. As always, the bottom tiers are given the exoteric line and the tiny tip who are the controllers operate the esoterica. It's the same with any intelligence operation, including the CIA/MI6, etc., and many religious organizations. Albert Pike, the Pope of US Freemasonry in the 19th century wrote in his Morals and Dogma (online for those who want to inspect) that it was intended that the lower orders think that they are being given the secrets, but it was not intended that they would actually get them. Pike openly proclaims theit God as Lucifer. In the Mystery Schools, Lucifer is NOT Satan (that would be Saturn), but he is an emanation from the Source consciousness responsible for greed and animality and materiality, but also a form of self-consciousness. Plato's cave is a human skull in this tradition. Pike also organized the KKK.














