reply to post by ChaoticOrder
A most excellent observation and question!
Truly, it might seem odd that nearly every country on the planet has legislated, or somehow 'adopted,' the notion that a central bank with a
monopoly on interest rates and the creation of currency would be the fulcrum of monetary policy within their economies.
In each case, they are not accountable tot he populations they serve. That unaccountability was the cause for the "outrage" over Iceland "making"
them accountable despite their government's acquiescence to the global banking cartel. each Central bank is not independent, as sovereignty of the
nation might imply.
Instead the entire network is centrally controlled from the seat of the monopoly's power ... the Bank of International Settlement. Is it any wonder
that as national economies collapse and falter across the globe ALL of these bankers and their associated "institutions" remain both solvent and
profitable. Why? because they are in reality - a single Bank. Privately owned and operated, indemnified from any action they may take, protected by
the governments they supposedly serve... and yet by any measure of logic, they are fully responsible for the monetary woes of every nation (save
perhaps, North Korea, Cuba, and other such pronounced "axis of evil" type entities.)
It is a racket. From many perspectives it is morally criminal.
Since they are the gatekeepers of economic fluidity, and the "owners" of all debt (it is after all THEIR money) they have convinced the fearful
sycophants running each nation that they (the politicians and "leaders" ) cannot maintain power to govern without their support.
Banking didn't have to be a racket. But it is. It is based on gambling, and the freedom to create wealth from nothing at their whim.... a perfect
storm of opportunity to exploit.
I don't want to get technical or anything, but you may want to review the mechanics of "monetary policy" to see just how indirectly "absolute"
their power to control the world is.
What was once seen as hyperbole has been proven true over the last century numerous times... the banks have the power to end poverty, hunger, and most
wars... but that would mean less wealth and power for themselves. So they use words like "confidence in the market" and "market forces" to hide
the fact that it is "profit-taking," the "transfer of wealth," and the maintenance of an elite supranational institution to control global
Eventually more nations will realize what their beloved leaders have allowed... many have. Hence the creation of social stresses and the exacerbation
of cultural conflict have become the hallmarks of their ability to maintain control. There is a reason why the media of the planet was allowed to be
consolidated into the hands of a meager 5 controlling corporate entities.... with no word of "monopoly" ever being used in the public sector. It
is the domain of institutions like think tanks, the CFR, the Royal Institute of International Affairs, Trilateral Commission, etc. to help maintain
the yoke of control via public sentiment, war, and the control of resources on their behalf.