Bitcoin price warning: Nobel Prize winner warns

9 Rules of Crypto Trading That Helped One Trader Go from $1k to $46k in Less Than a Year

No, the successful trader is not me. I’ve gotten lucky a few times and I’m still refining and trying out strategies; on the other hand, I’m part of communities of people who trade on a daily basis to grow their portfolios, and while some of the results can be attributed to luck, a majority of it is based on fundamentals, good habits, and experience.
The Result of Good Habits
Miles is the co-founder of Pure Investments. In May 2017, he started off by playing with $1,000, which he accumulated through saving 10% of his paychecks for a while. Today, he is at $46,000; i.e., he grew his portfolio by 46x in less than a year. Similarly, after starting Pure Investments back in September 2017, Miles got one of his first community members, who goes by the pseudonym SP on the Discord channel. When SP started, he put in $40,000. By January 2018, he had over $1 million (today it’s ~$800k due to the recent Bitcoin crash). While markets like cryptocurrency are extremely volatile and all investors are subject to its price fluctuation including Miles, SP, myself, and you, good habits will help mitigate the losses and maximize profits. Nine Rules of Crypto Trading
Please note that none of this is investment advice. Invest at your own risk!
  1. Only invest what you can lose. During the recent crash in January 2018, hobby-investors got burned. Reports of frustration and losses came at the cost of broken monitors, smashed laptops, and heavy monetary losses. While the rules are in more particular order of importance, it’s safe to assume that this is the most important rule, the rule to rule the rules. As soon as your money is converted into cryptocurrency, consider it lost forever. There is absolutely no guarantee you can get it back. Losses don’t simply come from dips in the market; extraordinary factors such as hacks, bugs, and government regulation can mean you’ll never see any of your money again. If you are investing money you can’t afford to lose, you need to take a step back and re-evaluate your current financial situation, because what you’re about to do is an act of desperation. This includes: using credit cards, taking out mortgages, applying for loans, or selling everything and traveling the world (as glamorous as that sounds).
  2. Always pay attention to Bitcoin. Most altcoins (every cryptocurrency except Bitcoin) are pegged more closely to Bitcoin than Asian currencies were to the USD during the Asian Financial Crisis. If Bitcoin price pump drastically, altcoins price can go down as people try to exit altcoins to ride the BTC profits; inversely, if Bitcoin prices dump drastically, altcoin prices can go down, too, as people exit altcoins to exchange back into fiat. The best times for altcoin growth appear when Bitcoin shows organic growth or decline, or remains stagnant in price.
  3. Never put all your eggs in one basket. Diversify. While the potential to earn more is increased with the amount of money you invest into a coin, the potential to lose more is also magnified. Another way to think about it is to look at the cryptocurrency market as a whole; if you believe that this is just the beginning, then more than likely the entire market cap of cryptocurrencies will increase. What are the chances that this market cap increase will be entirely driven by one coin vs. being driven by many coins? The best way to safely capture the overall growth of cryptocurrency is to diversify and reap the benefits of growth from multiple coins. Also, fun fact — Between January 2016 and January 2018, Corgicoin has increased by 60,000x, and Verge has increased by 13,000x. During the same period, Bitcoin has increased by 34x. While you would have gotten impressive gains from Bitcoin, expanding into other coins could have landed you potentially larger ones.
  4. Don’t be greedy. No one ever lost money taking a profit. As a coin begins to grow, the greed inside us grows along with it. If a coin increases by 30%, why not consider taking profit? Even if goals are set to 40% or 50%, you should at least pull out some of the profit on the way up in case a coin doesn’t reach the goal. If you wait too long or try to get out at a higher point, you risk losing profit you already earned or even turning that profit into a loss. Get into the habit of taking profits and scouting for re-entry if you want to continue reaping potential profits.
  5. Don’t invest blindy. There are people in this world who would sell a blind person a pair of glasses if they could make money. Those same people play in the cryptocurrency markets and use every opportunity to exploit less-informed investors. They’ll tell you what to buy or claim certain coins will moon, just to increase the prices so they can exit. Due to the highly speculative nature of the cryptocurrency markets today, a good investor will always do his or her own research in order to take full responsibility for the potential investment outcome. Information coming from even the best investor is, at best, great information, but never a promise, so you can still get burned.
  6. Don’t FOMO. This is a spot that people most frequently lose money on. A dash of manipulation, two tablespoons of media hype, a cup of CME and CBOE announcements, and a generous handful of FOMO drove Bitcoin prices from $10,000 to $20,000 in December. Since that time, Bitcoin fell to a low of $9,000 and is currently sitting at around $11,000. It’s easy to look back and say, “if only I waited one month, then I could’ve bought at $9,000 instead of waiting for Bitcoin to hit $20,000 again for me to break even.” But the reality is, the combination of 1) being greedy, 2) investing blindly, and 3) FOMO were likely large contributors to the purchase at an all-time-high. Even in the crazy world of cryptocurrency, if a coin pumps that quickly, it will correct — it’s a matter of time. Speculative pumps are almost always followed by dips. While trying to jump onto a train going full speed sounds like something straight out of a James Bond movie, I’m sure most of us can agree we would probably save some limbs if we just waited for it at the next stop.
  7. Categorize your investments and look at the long picture. In the process of your research, you’ll eventually realize you’re coming across a few different categories of coins. For some of them, you believe they have good teams, great vision, amazing publicity and a track record for successful execution. Great! Put these into medium or long-term holds and let them marinate into a delicious tenderloin. When the price dips, don’t even consider panic selling because anything in your medium or long-term portfolio should remain untouched for a set amount of time. BNB is a good example of a coin Miles considers a long hold. Recently, it dipped 20% for a while, and within our community, we witnessed some sell-offs to preserve investments. A week later, it jumped up almost 3x for a period of time.
  8. Always learn from your mistakes. Never accept a total loss. Always evaluate the situation and try to figure out why it happened. Take that experience as an asset for your next move, which will be better because you are know more now than you knew before. We all start off as amateurs, and we have all lost money throughout out trading experience. In his first month of trading, Miles went from $1,000 to $300. I’ve lost a lot by selling at losses inspired by fear. No one is perfect, no one wins every single trade. Don’t let the losses discourage you, because the reality is they’re making you better trader if you choose to learn from them.
  9. If you are doing any active trading, set stop losses. For any coins not in your medium or long-term holds, always set stop losses. This is important for several reasons — the most obvious is mitigating your losses. But more importantly, you force yourself to decide on a point of acceptable loss, and because you now have a reference point, you are able to measure your effectiveness to keep or adjust for future trades. Sometimes, during a market dip, altcoins can plummet, and stop losses can lead to profitability by automatically selling for fiat that you can use to re-enter at lower prices.
  10. 10 Bonus — always check the ticker symbol. Ticker symbols are not universal, and may vary from exchange to exchange in rare cases. Those cases, though, can come back to bite you. For example, Bitcoin Cash trades on some exchanges as BCH, while it trades on others as BCC. BCC is also the ticker symbol for BitConnect, which was recently outted as a Ponzi Scheme. If you bought BCC under the impression was Bitcoin Cash, you would’ve lost a lot of money.

You Don’t Have to Go At It Alone While these rules are by no means the only lessons you need, they’re definitely a great starting point. Sometimes, though, things are easier said than done, such as watching your portfolio value plummet and still having the iron willpower of resisting the sell button. One of the best solutions I’ve found to this was to join a community of like-minded cryptocurrency investors. Educated and smart crypto-traders, as well as the community members, will all be there to support your efforts and will be holding with you in the rough times.
On top of that, the cryptocurrency market travels at lightspeed compared to other markets. New coins enter the market on a daily basis (in 2016, there were about 550 different coins, today there are about 1,500), and each one has news every day. I’m not doubting your ability to consume and analyze news, but that level of information bombardment will always be more effectively consumed as a group. In these communities, you’ll see members link news and relevant articles about coins you’ve invested in and coins you’ve never heard of. The community will definitely expand your knowledge much faster than doing it all yourself.
The Pure Investments community, as well as many other communities out there, have a free and paid membership. The paid membership is similar to the free one in that each one can access the community, but the paid one has more hands-on guidance from the analysts, and you can learn more through the education sections.
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US Economic Warfare and Likely Foreign Defenses – by Michael Hudson • 23 July 2019

https://outline.com/VM2DEM • 5,400 Words •
Today’s world is at war on many fronts. The rules of international law and order put in place toward the end of World War II are being broken by U.S. foreign policy escalating its confrontation with countries that refrain from giving its companies control of their economic surpluses. Countries that do not give the United States control of their oil and financial sectors or privatize their key sectors are being isolated by the United States imposing trade sanctions and unilateral tariffs giving special advantages to U.S. producers in violation of free trade agreements with European, Asian and other countries.
This global fracture has an increasingly military cast. U.S. officials justify tariffs and import quotas illegal under WTO rules on “national security” grounds, claiming that the United States can do whatever it wants as the world’s “exceptional” nation. U.S. officials explain that this means that their nation is not obliged to adhere to international agreements or even to its own treaties and promises. This allegedly sovereign right to ignore on its international agreements was made explicit after Bill Clinton and his Secretary of State Madeline Albright broke the promise by President George Bush and Secretary of State James Baker that NATO would not expand eastward after 1991. (“You didn’t get it in writing,” was the U.S. response to the verbal agreements that were made.)
Likewise, the Trump administration repudiated the multilateral Iranian nuclear agreement signed by the Obama administration, and is escalating warfare with its proxy armies in the Near East. U.S. politicians are waging a New Cold War against Russia, China, Iran, and oil-exporting countries that the United States is seeking to isolate if cannot control their governments, central bank and foreign diplomacy.
The international framework that originally seemed equitable was pro-U.S. from the outset. In 1945 this was seen as a natural result of the fact that the U.S. economy was the least war-damaged and held by far most of the world’s monetary gold. Still, the postwar trade and financial framework was ostensibly set up on fair and equitable international principles. Other countries were expected to recover and grow, creating diplomatic, financial and trade parity with each other.
But the past decade has seen U.S. diplomacy become one-sided in turning the International Monetary Fund (IMF), World Bank, SWIFT bank-clearing system and world trade into an asymmetrically exploitative system. This unilateral U.S.-centered array of institutions is coming to be widely seen not only as unfair, but as blocking the progress of other countries whose growth and prosperity is seen by U.S. foreign policy as a threat to unilateral U.S. hegemony. What began as an ostensibly international order to promote peaceful prosperity has turned increasingly into an extension of U.S. nationalism, predatory rent-extraction and a more dangerous military confrontation.
Deterioration of international diplomacy into a more nakedly explicit pro-U.S. financial, trade and military aggression was implicit in the way in which economic diplomacy was shaped when the United Nations, IMF and World Bank were shaped mainly by U.S. economic strategists. Their economic belligerence is driving countries to withdraw from the global financial and trade order that has been turned into a New Cold War vehicle to impose unilateral U.S. hegemony. Nationalistic reactions are consolidating into new economic and political alliances from Europe to Asia.
We are still mired in the Oil War that escalated in 2003 with the invasion of Iraq, which quickly spread to Libya and Syria. American foreign policy has long been based largely on control of oil. This has led the United States to oppose the Paris accords to stem global warming. Its aim is to give U.S. officials the power to impose energy sanctions forcing other countries to “freeze in the dark” if they do not follow U.S. leadership.
To expand its oil monopoly, America is pressuring Europe to oppose the Nordstream II gas pipeline from Russia, claiming that this would make Germany and other countries dependent on Russia instead of on U.S. liquified natural gas (LNG). Likewise, American oil diplomacy has imposed unilateral sanctions against Iranian oil exports, until such time as a regime change opens up that country’s oil reserves to U.S., French, British and other allied oil majors.
U.S. control of dollarized money and credit is critical to this hegemony. As Congressman Brad Sherman of Los Angeles told a House Financial Services Committee hearing on May 9, 2019: “An awful lot of our international power comes from the fact that the U.S. dollar is the standard unit of international finance and transactions. Clearing through the New York Fed is critical for major oil and other transactions. It is the announced purpose of the supporters of cryptocurrency to take that power away from us, to put us in a position where the most significant sanctions we have against Iran, for example, would become irrelevant.”[1]
The U.S. aim is to keep the dollar as the transactions currency for world trade, savings, central bank reserves and international lending. This monopoly status enables the U.S. Treasury and State Department to disrupt the financial payments system and trade for countries with which the United States is at economic or outright military war.
Russian President Vladimir Putin quickly responded by describing how “the degeneration of the universalist globalization model [is] turning into a parody, a caricature of itself, where common international rules are replaced with the laws… of one country.”[2] That is the trajectory on which this deterioration of formerly open international trade and finance is now moving. It has been building up for a decade. On June 5, 2009, then-Russian President Dmitry Medvedev cited this same disruptive U.S. dynamic at work in the wake of the U.S. junk mortgage and bank fraud crisis.
Those whose job it was to forecast events … were not ready for the depth of the crisis and turned out to be too rigid, unwieldy and slow in their response. The international financial organisations – and I think we need to state this up front and not try to hide it – were not up to their responsibilities, as has been said quite unambiguously at a number of major international events such as the two recent G20 summits of the world’s largest economies.
Furthermore, we have had confirmation that our pre-crisis analysis of global economic trends and the global economic system were correct. The artificially maintained uni-polar system and preservation of monopolies in key global economic sectors are root causes of the crisis. One big centre of consumption, financed by a growing deficit, and thus growing debts, one formerly strong reserve currency, and one dominant system of assessing assets and risks – these are all factors that led to an overall drop in the quality of regulation and the economic justification of assessments made, including assessments of macroeconomic policy. As a result, there was no avoiding a global crisis.[3]
That crisis is what is now causing today’s break in global trade and payments.
Warfare on many fronts, with Dollarization being the main arena
Dissolution of the Soviet Union 1991 did not bring the disarmament that was widely expected. U.S. leadership celebrated the Soviet demise as signaling the end of foreign opposition to U.S.-sponsored neoliberalism and even as the End of History. NATO expanded to encircle Russia and sponsored “color revolutions” from Georgia to Ukraine, while carving up former Yugoslavia into small statelets. American diplomacy created a foreign legion of Wahabi fundamentalists from Afghanistan to Iran, Iraq, Syria and Libya in support of Saudi Arabian extremism and Israeli expansionism.
The United States is waging war for control of oil against Venezuela, where a military coup failed a few years ago, as did the 2018-19 stunt to recognize an unelected pro-American puppet regime. The Honduran coup under President Obama was more successful in overthrowing an elected president advocating land reform, continuing the tradition dating back to 1954 when the CIA overthrew Guatemala’s Arbenz regime.
U.S. officials bear a special hatred for countries that they have injured, ranging from Guatemala in 1954 to Iran, whose regime it overthrew to install the Shah as military dictator. Claiming to promote “democracy,” U.S. diplomacy has redefined the word to mean pro-American, and opposing land reform, national ownership of raw materials and public subsidy of foreign agriculture or industry as an “undemocratic” attack on “free markets,” meaning markets controlled by U.S. financial interests and absentee owners of land, natural resources and banks.
A major byproduct of warfare has always been refugees, and today’s wave fleeing ISIS, Al Qaeda and other U.S.-backed Near Eastern proxies is flooding Europe. A similar wave is fleeing the dictatorial regimes backed by the United States from Honduras, Ecuador, Colombia and neighboring countries. The refugee crisis has become a major factor leading to the resurgence of nationalist parties throughout Europe and for the white nationalism of Donald Trump in the United States.
Dollarization as the vehicle for U.S. nationalism
The Dollar Standard – U.S. Treasury debt to foreigners held by the world’s central banks – has replaced the gold-exchange standard for the world’s central bank reserves to settle payments imbalances among themselves. This has enabled the United States to uniquely run balance-of-payments deficits for nearly seventy years, despite the fact that these Treasury IOUs have little visible likelihood of being repaid except under arrangements where U.S. rent-seeking and outright financial tribute from other enables it to liquidate its official foreign debt.
The United States is the only nation that can run sustained balance-of-payments deficits without having to sell off its assets or raise interest rates to borrow foreign money. No other national economy in the world can could afford foreign military expenditures on any major scale without losing its exchange value. Without the Treasury-bill standard, the United States would be in this same position along with other nations. That is why Russia, China and other powers that U.S. strategists deem to be strategic rivals and enemies are looking to restore gold’s role as the preferred asset to settle payments imbalances.
The U.S. response is to impose regime change on countries that prefer gold or other foreign currencies to dollars for their exchange reserves. A case in point is the overthrow of Libya’s Omar Kaddafi after he sought to base his nation’s international reserves on gold. His liquidation stands as a military warning to other countries.
Thanks to the fact that payments-surplus economies invest their dollar inflows in U.S. Treasury bonds, the U.S. balance-of-payments deficit finances its domestic budget deficit. This foreign central-bank recycling of U.S. overseas military spending into purchases of U.S. Treasury securities gives the United States a free ride, financing its budget – also mainly military in character – so that it can taxing its own citizens.
Trump is forcing other countries to create an alternative to the Dollar Standard
The fact that Donald Trump’s economic policies are proving ineffective in restoring American manufacturing is creating rising nationalist pressure to exploit foreigners by arbitrary tariffs without regard for international law, and to impose trade sanctions and diplomatic meddling to disrupt regimes that pursue policies that U.S. diplomats do not like.
There is a parallel here with Rome in the late 1st century BC. It stripped its provinces to pay for its military deficit, the grain dole and land redistribution at the expense of Italian cities and Asia Minor. This created foreign opposition to drive Rome out. The U.S. economy is similar to Rome’s: extractive rather than productive, based mainly on land rents and money-interest. As the domestic market is impoverished, U.S. politicians are seeking to take from abroad what no longer is being produced at home.
What is so ironic – and so self-defeating of America’s free global ride – is that Trump’s simplistic aim of lowering the dollar’s exchange rate to make U.S. exports more price-competitive. He imagines commodity trade to be the entire balance of payments, as if there were no military spending, not to mention lending and investment. To lower the dollar’s exchange rate, he is demanding that China’s central bank and those of other countries stop supporting the dollar by recycling the dollars they receive for their exports into holdings of U.S. Treasury securities.
This tunnel vision leaves out of account the fact that the trade balance is not simply a matter of comparative international price levels. The United States has dissipated its supply of spare manufacturing capacity and local suppliers of parts and materials, while much of its industrial engineering and skilled manufacturing labor has retired. An immense shortfall must be filled by new capital investment, education and public infrastructure, whose charges are far above those of other economics.
Trump’s infrastructure ideology is a Public-Private Partnership characterized by high-cost financialization demanding high monopoly rents to cover its interest charges, stock dividends and management fees. This neoliberal policy raises the cost of living for the U.S. labor force, making it uncompetitive. The United States is unable to produce more at any price right now, because its has spent the past half-century dismantling its infrastructure, closing down its part suppliers and outsourcing its industrial technology.
The United States has privatized and financialized infrastructure and basic needs such as public health and medical care, education and transportation that other countries have kept in their public domain to make their economies more cost-efficient by providing essential services at subsidized prices or freely. The United States also has led the practice of debt pyramiding, from housing to corporate finance. This financial engineering and wealth creation by inflating debt-financed real estate and stock market bubbles has made the United States a high-cost economy that cannot compete successfully with well-managed mixed economies.
Unable to recover dominance in manufacturing, the United States is concentrating on rent-extracting sectors that it hopes monopolize, headed by information technology and military production. On the industrial front, it threatens to disrupt China and other mixed economies by imposing trade and financial sanctions.
The great gamble is whether these other countries will defend themselves by joining in alliances enabling them to bypass the U.S. economy. American strategists imagine their country to be the world’s essential economy, without whose market other countries must suffer depression. The Trump Administration thinks that There Is No Alternative (TINA) for other countries except for their own financial systems to rely on U.S. dollar credit.
To protect themselves from U.S. sanctions, countries would have to avoid using the dollar, and hence U.S. banks. This would require creation of a non-dollarized financial system for use among themselves, including their own alternative to the SWIFT bank clearing system. Table 1 lists some possible related defenses against U.S. nationalistic diplomacy.
As noted above, what also is ironic in President Trump’s accusation of China and other countries of artificially manipulating their exchange rate against the dollar (by recycling their trade and payments surpluses into Treasury securities to hold down their currency’s dollar valuation) involves dismantling the Treasury-bill standard. The main way that foreign economies have stabilized their exchange rate since 1971 has indeed been to recycle their dollar inflows into U.S. Treasury securities. Letting their currency’s value rise would threaten their export competitiveness against their rivals, although not necessarily benefit the United States.
Ending this practice leaves countries with the main way to protect their currencies from rising against the dollar is to reduce dollar inflows by blocking U.S. lending to domestic borrowers. They may levy floating tariffs proportioned to the dollar’s declining value. The U.S. has a long history since the 1920s of raising its tariffs against currencies that are depreciating: the American Selling Price (ASP) system. Other countries can impose their own floating tariffs against U.S. goods.
Trade dependency as an aim of the World Bank, IMF and US AID
The world today faces a problem much like what it faced on the eve of World War II. Like Germany then, the United States now poses the main threat of war, and equally destructive neoliberal economic regimes imposing austerity, economic shrinkage and depopulation. U.S. diplomats are threatening to destroy regimes and entire economies that seek to remain independent of this system, by trade and financial sanctions backed by direct military force.
Dedollarization will require creation of multilateral alternatives to U.S. “front” institutions such as the World Bank, IMF and other agencies in which the United States holds veto power to block any alternative policies deemed not to let it “win.” U.S. trade policy through the World Bank and U.S. foreign aid agencies aims at promoting dependency on U.S. food exports and other key commodities, while hiring U.S. engineering firms to build up export infrastructure to subsidize U.S. and other natural-resource investors.[4] The financing is mainly in dollars, providing risk-free bonds to U.S. and other financial institutions. The resulting commercial and financial “interdependency” has led to a situation in which a sudden interruption of supply would disrupt foreign economies by causing a breakdown in their chain of payments and production. The effect is to lock client countries into dependency on the U.S. economy and its diplomacy, euphemized as “promoting growth and development.”
U.S. neoliberal policy via the IMF imposes austerity and opposes debt writedowns. Its economic model pretends that debtor countries can pay any volume of dollar debt simply by reducing wages to squeeze more income out of the labor force to pay foreign creditors. This ignores the fact that solving the domestic “budget problem” by taxing local revenue still faces the “transfer problem” of converting it into dollars or other hard currencies in which most international debt is denominated. The result is that the IMF’s “stabilization” programs actually destabilize and impoverish countries forced into following its advice.
IMF loans support pro-U.S. regimes such as Ukraine, and subsidize capital flight by supporting local currencies long enough to enable U.S. client oligarchies to flee their currencies at a pre-devaluation exchange rate for the dollar. When the local currency finally is allowed to collapse, debtor countries are advised to impose anti-labor austerity. This globalizes the class war of capital against labor while keeping debtor countries on a short U.S. financial leash.
U.S. diplomacy is capped by trade sanctions to disrupt economies that break away from U.S. aims. Sanctions are a form of economic sabotage, as lethal as outright military warfare in establishing U.S. control over foreign economies. The threat is to impoverish civilian populations, in the belief that this will lead them to replace their governments with pro-American regimes promising to restore prosperity by selling off their domestic infrastructure to U.S. and other multinational investors.
chart hudson
There are alternatives, on many fronts
Militarily, today’s leading alternative to NATO expansionism is the Shanghai Cooperation Organization (SCO), along with Europe following France’s example under Charles de Gaulle and withdrawing. After all, there is no real threat of military invasion today in Europe. No nation can occupy another without an enormous military draft and such heavy personnel losses that domestic protests would unseat the government waging such a war. The U.S. anti-war movement in the 1960s signaled the end of the military draft, not only in the United States but in nearly all democratic countries. (Israel, Switzerland, Brazil and North Korea are exceptions.)
The enormous spending on armaments for a kind of war unlikely to be fought is not really military, but simply to provide profits to the military industrial complex. The arms are not really to be used. They are simply to be bought, and ultimately scrapped. The danger, of course, is that these not-for-use arms actually might be used, if only to create a need for new profitable production.
Likewise, foreign holdings of dollars are not really to be spent on purchases of U.S. exports or investments. They are like fine-wine collectibles, for saving rather than for drinking. The alternative to such dollarized holdings is to create a mutual use of national currencies, and a domestic bank-clearing payments system as an alternative to SWIFT. Russia, China, Iran and Venezuela already are said to be developing a crypto-currency payments to circumvent U.S. sanctions and hence financial control.
In the World Trade Organization, the United States has tried to claim that any industry receiving public infrastructure or credit subsidy deserves tariff retaliation in order to force privatization. In response to WTO rulings that U.S. tariffs are illegally imposed, the United States “has blocked all new appointments to the seven-member appellate body in protest, leaving it in danger of collapse because it may not have enough judges to allow it to hear new cases.”[5] In the U.S. view, only privatized trade financed by private rather than public banks is “fair” trade.
An alternative to the WTO (or removal of its veto privilege given to the U.S. bloc) is needed to cope with U.S. neoliberal ideology and, most recently, the U.S. travesty claiming “national security” exemption to free-trade treaties, impose tariffs on steel, aluminum, and on European countries that circumvent sanctions on Iran or threaten to buy oil from Russia via the Nordstream II pipeline instead of high-cost liquified “freedom gas” from the United States.
In the realm of development lending, China’s bank along with its Belt and Road initiative is an incipient alternative to the World Bank, whose main role has been to promote foreign dependency on U.S. suppliers. The IMF for its part now functions as an extension of the U.S. Department of Defense to subsidize client regimes such as Ukraine while financially isolating countries not subservient to U.S. diplomacy.
To save debt-strapped economies suffering Greek-style austerity, the world needs to replace neoliberal economic theory with an analytic logic for debt writedowns based on the ability to pay. The guiding principle of the needed development-oriented logic of international law should be that no nation should be obliged to pay foreign creditors by having to sell of the public domain and rent-extraction rights to foreign creditors. The defining character of nationhood should be the fiscal right to tax natural resource rents and financial returns, and to create its own monetary system.
The United States refuses to join the International Criminal Court. To be effective, it needs enforcement power for its judgments and penalties, capped by the ability to bring charges of war crimes in the tradition of the Nuremberg tribunal. U.S. to such a court, combined with its military buildup now threatening World War III, suggests a new alignment of countries akin to the Non-Aligned Nations movement of the 1950s and 1960s. Non-aligned in this case means freedom from U.S. diplomatic control or threats.
Such institutions require a more realistic economic theory and philosophy of operations to replace the neoliberal logic for anti-government privatization, anti-labor austerity, and opposition to domestic budget deficits and debt writedowns. Today’s neoliberal doctrine counts financial late fees and rising housing prices as adding to “real output” (GDP), but deems public investment as deadweight spending, not a contribution to output. The aim of such logic is to convince governments to pay their foreign creditors by selling off their public infrastructure and other assets in the public domain.
Just as the “capacity to pay” principle was the foundation stone of the Bank for International Settlements in 1931, a similar basis is needed to measure today’s ability to pay debts and hence to write down bad loans that have been made without a corresponding ability of debtors to pay. Without such an institution and body of analysis, the IMF’s neoliberal principle of imposing economic depression and falling living standards to pay U.S. and other foreign creditors will impose global poverty.
The above proposals provide an alternative to the U.S. “exceptionalist” refusal to join any international organization that has a say over its affairs. Other countries must be willing to turn the tables and isolate U.S. banks, U.S. exporters, and to avoid using U.S. dollars and routing payments via U.S. banks. To protect their ability to create a countervailing power requires an international court and its sponsoring organization.
Summary
The first existential objective is to avoid the current threat of war by winding down U.S. military interference in foreign countries and removing U.S. military bases as relics of neocolonialism. Their danger to world peace and prosperity threatens a reversion to the pre-World War II colonialism, ruling by client elites along lines similar to the 2014 Ukrainian coup by neo-Nazi groups sponsored by the U.S. State Department and National Endowment for Democracy. Such control recalls the dictators that U.S. diplomacy established throughout Latin America in the 1950s. Today’s ethnic terrorism by U.S.-sponsored Wahabi-Saudi Islam recalls the behavior of Nazi Germany in the 1940s.
Global warming is the second major existentialist threat. Blocking attempts to reverse it is a bedrock of American foreign policy, because it is based on control of oil. So the military, refugee and global warming threats are interconnected.
The U.S. military poses the greatest immediate danger. Today’s warfare is fundamentally changed from what it used to be. Prior to the 1970s, nations conquering others had to invade and occupy them with armies recruited by a military draft. But no democracy in today’s world can revive such a draft without triggering widespread refusal to fight, voting the government out of power. The only way the United States – or other countries – can fight other nations is to bomb them. And as noted above, economic sanctions have as destructive an effect on civilian populations in countries deemed to be U.S. adversaries as overt warfare. The United States can sponsor political coups (as in Honduras and Pinochet’s Chile), but cannot occupy. It is unwilling to rebuild, to say nothing of taking responsibility for the waves of refugees that our bombing and sanctions are causing from Latin America to the Near East.
U.S. ideologues view their nation’s coercive military expansion and political subversion and neoliberal economic policy of privatization and financialization as an irreversible victory signaling the End of History. To the rest of the world it is a threat to human survival.
The American promise is that the victory of neoliberalism is the End of History, offering prosperity to the entire world. But beneath the rhetoric of free choice and free markets is the reality of corruption, subversion, coercion, debt peonage and neofeudalism. The reality is the creation and subsidy of polarized economies bifurcated between a privileged rentier class and its clients, their debtors and renters. America is to be permitted to monopolize trade in oil and food grains, and high-technology rent-yielding monopolies, living off its dependent customers. Unlike medieval serfdom, people subject to this End of History scenario can choose to live wherever they want. But wherever they live, they must take on a lifetime of debt to obtain access to a home of their own, and rely on U.S.-sponsored control of their basic needs, money and credit by adhering to U.S. financial planning of their economies. This dystopian scenario confirms Rosa Luxemburg’s recognition that the ultimate choice facing nations in today’s world is between socialism and barbarism.
Keynote Paper delivered at the 14th Forum of the World Association for Political Economy, July 21, 2019.
Notes
[1] Billy Bambrough, “Bitcoin Threatens To ‘Take Power’ From The U.S. Federal Reserve,” Forbes, May 15, 2019. https://www.forbes.com/sites/billybambrough/2019/05/15/a-u-s-congressman-is-so-scared-of-bitcoin-and-crypto-he-wants-it-banned/#36b2700b6405.
[2] Vladimir Putin, keynote address to the Economic Forum, June 5-6 2019. Putin went on to warn of “a policy of completely unlimited economic egoism and a forced breakdown.” This fragmenting of the global economic space “is the road to endless conflict, trade wars and maybe not just trade wars. Figuratively, this is the road to the ultimate fight of all against all.”
[3] Address to St Petersburg International Economic Forum’s Plenary Session, St Petersburg, Kremlin.ru, June 5, 2009, from Johnson’s Russia List, June 8, 2009, #8,
[4] https://www.rt.com/business/464013-china-russia-cryptocurrency-dollar-dethrone/ . Already in the late 1950s the Forgash Plan proposed a World Bank for Economic Acceleration. Designed by Terence McCarthy and sponsored by Florida Senator Morris Forgash, the bank would have been a more truly development-oriented institution to guide foreign development to create balanced economies self-sufficient in food and other essentials. The proposal was opposed by U.S. interests on the ground that countries pursuing land reform tended to be anti-American. More to the point, they would have avoided trade and financial dependency on U.S. suppliers and banks, and hence on U.S. trade and financial sanctions to prevent them from following policies at odds with U.S. diplomatic demands.
[5] Don Weinland, “WTO rules against US in tariff dispute with China,” Financial Times, July 17, 2019.
https://xenagoguevicene.wordpress.com/2019/07/29/u-s-economic-warfare-and-likely-foreign-defenses-by-michael-hudson-%e2%80%a2-23-july-2019/
submitted by finnagains to conspiracy [link] [comments]

Babylonian Money Magic: The Secret Power Of The Deep State & How To Break Free From The Slave Matrix

I wanted to make a post to demonstrate how the Deep State controls the world through Babylonian Money Magic & Debt Based Slavery which is a major leg of Babylonian Money Magic.
Money really started in Babylon. They ruined the entire country & everyone became debt slaves. Back then, they used look at the King like an inspired God so it was easy to fool the people. They presented money as a useful tool but it was more like a siphon that would allow the Deep State to milk everyone. The basic premise is that make the people think money makes life better, get to to use it, and vacuum it all up. It is extremely easy to vacuum it all up when one prints money. The head of the Deep State has always been the money printing bankers.
Babylon was a Idol Worshiping hell hole with slaves, people sacrificing kids to Lucifer, and all kinds of sick stuff. The Deep State had the entire game rigged in their favor and the people were totally brainwashed. They always wish it was like this for us today but we are WAY smarter in modern times and more aware. Babylon was so evil that it was overrun in a war so they moved to Rome & convinced Julius Ceasar to work with them to enslave the masses with Debt Slavery. In exchange, Ceasar would make a fortune. He was an egocentric piece of shit like many politicians so he easily agreed. Overtime, Rome was completely bankrupted and that is the reason it fell. They convinced the invading Army to let them keep Rome & Rome was used to spread Babylonian Money Magic & Debt Slavery worldwide. Before Babylon, the entire planet was in a phase called the Golden Age when nobody used money.
This is the gist of it all. These bankers are basically the Khazarian Mafia. Their official title is called the 'Saturn Death Cult'. They worship Saturn as part of their religion & they sacrifice many to Lucifer including children, soldiers, civilians, and others. They are a Cult. These aren't just rogue businessmen that ruined the world. These are a religious cult with the religion being Lucifer. They are decepted into thinking that Lucifer will exalt them as Slave-Masters where each Khazarian gets 3000 civilian slaves. To them, they are the chosen people of Lucifer just like the Jews believe they are the chosen people of God. We are all equal so both are wrong. They keep wondering why Lucifer doesn't show up and fulfill the process like we wonder why Christ hasn't returned yet. I have dug into over 10,000 pages of research plus have read over 10,000 in college over 9 years studying Business Psychology. I know a little bit but I am in no way trying to brag. My only concern is a good future for us all. In my research, I have dug into books full of spiritual secrets. Just like the Luciferians have their evil book of secrets, we have our good book of secrets. Through digging, I found that Jesus has been waiting at the door for us to stop crying & start practicing the only 2 things that will bring a Utopia to the world (Love & Forgiveness). Once we practice this on a planetary scale, Jesus will arrive. I am afraid we were mislead into believing we have to wait for the world to get so bad that Jesus feels sorry for us and saves us. This is a great manipulation because it caused us all to want death & destruction because we think Jesus will come back. The truth is, the death & destruction is what motivates us to finally stop doing what we think is right, and start doing what the ingenious Jesus knows is right. Love builds planetary wealth because love means wanting to do good things for other people. When we are in a constant state of love, we are constantly channeling love in our local environment which makes it better even when we don't do anything! Here is a man who channeled love to 1 jar of rice vs hate to a 2nd jar of rice to prove the point:
https://pbs.twimg.com/media/DcyDKW-V4AI0Z44.jpg:large
Still, when people channel love, it means they want to do good things to other people or things. This causes them to improve their local reality. When everyone is improving their local reality at the same time or at least most people are, the world improves and becomes wealthier. A Wealthy Planet looks like a Utopia. Money has nothing to do with it. We can have all the money imaginable but if the planet looks like shit, it means its poor.
Forgiveness on the other hand ends revenge or negative Karma. By ending revenge/negative-karma, we stop destroying the world. Wars, infighting, ect.. all destroy the planet and make us poorer. Forgiveness ends the destruction. For this very reason, Jesus explained that if we want to live in a Utopia, all we have to do is love & forgive all people including those Khazarians. If a mass murder is caught, he can be forgiven, but he has to be quarantined for the sake of the other people. Its too risky to keep him free. Love means love to all people equally not just the mass murderer. Now, when we jail a man for 60 years just for selling crack cocaine, that's brutal. That's not showing any love at all. Putting him in a cage for 60 years causes much more harm than good. As you can see, the lack of love is harmful. Anyone can end up in jail. Almost 1% of America is in jail but guess who makes all the money from our criminals? The Deep State runs all business including corporations, the Government, & illegal businesses like human trafficking.
By the way, all these tips are good for all religions including muslims, Jews, ect... Religions are all controlled by the Deep State from the top. All Christian, Muslim, Jewish, ect.. leaders are all Deep State Luciferians fooling us all. For Christians, they tried to make religion as cheesy and non-nonsensical as possible so that we would be repulsed and become atheists. They also made every action into a sin to imprison us. Sex, for example, is no sin. The idea that we have to be perfect is a Deep State plant to confuse the masses. Its about growth, not perfection. Religion doesn't matter. Religions are just cults trying to tell us how to think. We don't need them or their priests to reach God. All of life is God.
Some may be wondering why this economic post has shifted to religion, it is because religion is a key part of it. The Khazarian Mafia isn't like a TV mafia that robs everyone. They are a religious cult worshiping Lucifer. If anyone wants to know more about Lucifer & his direct connection to the cult who is milking the world, you can read it here: https://www.reddit.com/PoliticalConspiracy/comments/8blshk/exposing_how_archons_are_milking_humanity_for_an/
So this is the Deep State. They created Babylonian Money Magic & Debt Based Slavery strictly to ruin the world by transferring all the wealth from the 99.9% to them. They do this for various reasons, not just money. They want to breed misery & suffering for all kinds of reasons but one of them is to cripple humanity so that we can't help ourselves or progress in life. This way, we stay low & easily exploitable. The only reason we are piercing through their iron grip as we speak is because we are mentally evolving beyond their control. Its like if a man keeps pigs within a fence. The pigs want to be free but they don't know how to be free. Eventually the intelligence of the pigs evolves to the point that they realize they can just ram the fence & run off into the woods where they will be free & happy. We are doing this as humanity right now. Mark my words this is true. It's not a matter if "if" but "when". This is why they are quickly trying to raise the level of tyranny with their attempts to start WW3 to create the Socialist, Luciferian NWO complete with Concentration Camps, genocide of non-Luciferians including atheists, 5G kill grid genocide to depopulate the world, legalize pedophilia & bestiality, sacrifice children to Lucifer openly, and all kinds of sickening things. Some of us here have been awake since 2016. It took us many months of ass busting work just to convince the sleepers that HRC was a pedophile or that the Deep State even exists. Later the woke ones pushed the fact they worship Lucifer. Keep in mind, we were laughed at, cussed out, called names, & all kinds of stuff when we were opening people's eyes but eventually, they woke up & started listening to all that is simply but the truth veiled in incredible secrecy. Now that people believe the world is run by a Luciferian cult, the next step is to understand that Lucifer is the leader of the intergalactic deep state but even Lucifer is in its final days. No matter what happens, just know this story will end good for all of us. That is guaranteed except if we do nothing but I can see all the woke people are working. The idea is to speed up the process so we can enjoy life. I won't go through all the Lucifer stuff here, but here is the link again: https://www.reddit.com/PoliticalConspiracy/comments/8blshk/exposing_how_archons_are_milking_humanity_for_an/
After the Lucifer stuff is understood, the final frontier is God. That area of things is utterly magical and I can in no way explain how magical it is in human terms nor can the human mind imagine it. Once the God element is understood, all of life makes perfect sense. Imagine if someone took you to an underground prison & said this is your new home for the rest of your life. You would probably panic, kick, scream, and get hysterical but then imagine if all your friends & family came in and said it was all big practical joke. You would calm down and shrug it off. That is the secret behind life itself. None of this is real. Its all a matrix video game of our own making but we have to agree to erase our old memories before birthing into this place. We are all incredibly high powered, totally evolved perfect being running this matrix for a long list of complicated reasons which will all make sense in the future when the worldwide Spiritual Awakening hits. The Deep State knows all about this but they are hiding the truth from us because the truth will set us free. It's too complicated to explain right now but if anyone wants to learn more about this, you can read "Conversations With God" trilogy but its really a 9 book set. Q even mentions stuff about this here and there. Here is Q mentioning how the Luciferians are milking us for LOOSE energy which is created out of Misery itself:
https://pbs.twimg.com/media/DV2aUkkVMAAxx50.jpg
He is just hinting at it but it looks to me like he's warming up for the bombshells. If Q was really part of a fake show, which nobody knows for sure, then he is appealing to the really woke people who know what's up to convince us that he is real. Either way, considering the Khazarians have fooled us since the age of Babylon, we can never underestimate them. These people are Master manipulators using all kinds of technology to manipulate including AI tech.
So lets get back to how Babylonian Money Magic works.
  1. The top of the Deep State are banks because banks control the money printing machines. This means banks are infinitely wealthy. There is not a year that goes by when banks don't print a bunch of money for selfish reasons like to buy Corporations, to bail out their bankrupted Banks, to bribe 3rd world tyrants, to pocket in their own accounts, to fund the drug trade, to fund child trafficking, to fund ISIS, to fund gangs, & pretty much all kinds of very sick things. Banks literally own everything in the end. They are the secret hand behind every Corporation, Mafia, large Gang, Education Centers, & pretty much all things related to power. Who controls the banks? The "Saturn Death Cult". The "Saturn Death Cult" is the official name of Earth's Deep State. So now we can see why Banks are so utterly powerful. Not only do they control the money printing machines but they also control our money because we deposit all of it in their banks. From there, they constantly have 95% in use to produce more wealth. They hand your money out in loans, invest in new businesses like Uber, buy Bitcoin, or whatever they want. No matter what happens, they keep getting richer and richer and richer while we all keep getting poorer and poorer. Btw, when they claim the richest people are Billionaires, that is a total lie. I spoke to a very rich man who told me they have Trillionaire's, Quadrillionsiares, and beyond. Ultimately the banks are the richest. Just the Rothschild family themselves own half the world! We have to share the other half and the rest of the Deep State hogged up most of the other half.
  2. Lower level controllers of money are also making a fortune. They always have. These are the people who rig the Stock Market to guarantee they make money, they get a cut of the money every time it goes from one country to the other, & they have an infinite amount of other ways to play us for fools behind closed doors. When they print money to pocket it, they reduce the value of our dollar. That is why a movie used to cost a nickel and now it costs $20. Imagine how much money they have been printing? They even control all the 3rd world countries because they give them money masked as "humanitarian funds" but its actually being pocketed by the tyrants, who in exchange serve the Bankers like slaves. Its very sad because the locals never see a dime. It all ends up in the 3rd world Deep State's pockets. Even in Jesus' time, they were making 40%-80% by exchanging money into shekels so that it could be used to purchase animals for sacrifice. Jesus got so upset at seeing this con-operation, he let the animals out and flipped over the money-changing tables. The Sanhedrin Group, a Deep State element that worked for the Roman Empire, already wanted to kill him but now they lost their money-changing business. Nobody dared change money while Jesus was still alive after that. They waited a long time before resuming operations. A group of Hebrews created an anti-banking league which went all the way to 33AD when the Romans came in and slaughtered them all in Jerusalem where they destroyed the Temple and all that. They wanted to make an example of that group. The Roman Empire & the Pope figurehead killed many, many people just to make themselves a lot richer. Eventually they bankrupted Rome causing it to fall. This is why empires fall. It is because the Bankers are milking it for all its worth. They are also harvesting money out of all the Corporations they own (they own most), their criminals empires like human trafficking, drugs, ect.., taxes, high education costs, and pretty much anyway they can vacuum up our money. They control the speed of the vacuum so the vacuum can go fast, or it can go so slow that money increases in the economy. The reason the economy improves is because the elites have to use that money to hire us to do their dirty work. So they are giving us money which improves the economy, but their high powered vacuums are sucking it all back up. They have many, MANY vacuums running all at once. Meanwhile, we are here doing all their dirty work as slaves for chump change. They pay us as low as possible because the more they pay us, the more they have to vacuum up all the money.
  3. All those taxes that are said to go to helping us are actually used to harm us. Less than 5% helps us. The rest funds child trafficking, drug trafficking, bribing politicians, and whatever is needed. If our taxes aren't enough to fill their greed, they just print money which is also a tax. Inflation is a tax. When people print money, the value of your money goes down so its theft. If your 5 cents buys you a movie ticket but then the banks print so much that you need $20 to buy a ticket, that means you have to really work hard to catch up. Its just like getting robbed. No different at all.
  4. They create a serious lack of money in society for a few reasons. One, it keeps everyone busy running menial jobs so that we don't have time to do stuff that matters like spend time with the kids, raise them well, collaborate online to discuss strategies for the future, exercise, or do jobs that matter like removing graffiti from our streets, figuring something out for the homeless, beautifying the city, ect... Instead, we stand like fools at Walmart taking people's money only to hand it to the Corporate Slavemasters who are controlled by the Bankers. Do you see how it all works? You spend an entire 8-10 hours just standing there and doing the same thing over and over again until you go crazy! How does this help the world? I would much rather have you clean up street graffiti to be honest. All a Walmart worker does is collect money for the Deep State in exchange for people picking up way overpriced products. The products are overpriced because they keep the amount of resources they have a highly guarded secret from us. They have such oceans of resources, if a 90 year old man even saw a glimpse of it, he would start doing backflips. That amount of resources is so insane that it would justify dropping the price of everything by over 95! Its like sand. We say sand is worthless but its only "worthless" because we have a seemingly endless supply of it. Nobody would pay me anything if I tried to sell them sand but it is a useful thing to have on the planet and we have so much that its free. The Corporations were unable to harvest all of our sand, and then sell it back to us for high prices. They do that with other stuff like oil, metal, wood, plastics, aluminum, ect... They just harvest everything in site, hoard thousands of years worth, and then pretend we have a shortage to justify high pricing & poverty. It's all a big gimmick folks. So they keep society as poor as possible to not only freeze us in place since we are busy trying to get money from their corporate slave jobs, but also to prevent us from making any progress due to all the lost time. Also, when people are desperate, they are ripe for Bribery so they bribe the shit out of us whether we are bribed with $11 an hour to stand for 8 hours collecting money for Walmart or if we are Bribed $100,000 a month to run drugs for them. They abuse the shit out of their black hat criminals btw. They jail them, juice them for whatever they can, & endlessly abuse the shit out of them demanding more and more. If they don't give them more, they jail them to punish them. It's completely sick. Those criminals acted out of desperation & they get sucked into the deep state whirlwind of hellish suffering. So they have us poor, extremely busy doing boring shit, and cornered. There is no other way to get money. The only way to get money is if the Deep State gives it to us or if we share what we have with each other. They have most of the money though. Even the money we deposited into banks is being used. If more than 5% of society was to withdraw, the banks would say they don't' have it because they don't. It's all invested in making them richer.
  5. To further the damage, they no longer use these corporations normally. A real hospital is totally different than what we see today. A real hospital is way more human and cheaper. The Rockefellers changed all that. They made hospitals expensive and barbaric. They hid all the cures. They make more money that way. They even poison all the air, water, and atmosphere because it makes you see more Doctors meaning more money for them. This is another money vacuum. They do this with so many things. They sell you addicting sugary bullshit all the time so you get addicted and unhealthy meaning you buy more snacks and go to the Doctor more. They run fake wars. They just pretend the 2 presidents can't get along and then they tell the tax payers to pay the gigantic bill to the corporations who create all the weapons, ammo, and gear. Dick Cheney made a fucking killing out of the Iraq War! I think he is running Haliberton. Obama ran the heroine fields of Afghanistan where he important all that shit and got all the kids addicted to heroine in our neighborhoods plus through pharmaceuticals. George HW Bush, aka Poppy because he's addicting to his own heroine, is the leader of the worldwide drug trade. We had the drug Kingpin of the world as our President. He started in Texas in 1957 with the CIA. What a joke. All these poor drug addicts got all fucked up for nothing. We blame the drug addict but I am showing you a vision of what's beneath the veil of illusion you are seeing in the world today. This is just about the most transparency as one can get because they will never give us transparency. Doing so would mean they cannot conduct all kinds of evils which they do behind closed doors. We can beg all we want. It will never happen. They printed out all the money and stole whatever they could to buy everything on the world and they have weaponized it against us. Just the Rothschild family themselves own half the planet! When I tell people we need a max wage of maybe 25 million, they argue with me because they assume they will one day have more than that and they don't want any restrictions on their path to billion. Can you imagine how brainwashed Americans have become. We aren't seeing what is right in front of us. They broadcast the message of a good hard working American who goes to College and accomplishes all his dreams but this rarely every actually happens even for people with Master's degrees because they have Bankrupted America so badly, even Degree holders don't make much. The PhD college professors make $5 when they add up all the on and off hours they work. The university gives them a set amount of hours but overload their work so that they are forced to work past hours of pay or they are severely punished. Its disgusting. When its all said an done, they work 80 hours a week for $5 an hour. So basically thinking of it like this. They are destroying the planet and making a fortune out of doing so. We are the slaves doing it for them because we run all the businesses they claim to own. The only reason we do it is because they control us with fear. If we don't do shitty things on their behalf, they say they will cut us off. To say something to that the a population of people who are already financially desperate is a cold thing to do but they don't care. They are competing with each other to see how has the most Quadrillions. A desperate population is ripe for bribing. The man at Walmart doing repetitive movements is being bribed. The drug dealer is being bribed. Everyone loses but the Deep State wins. The House always wins.
  6. When the population is so desperate to survive, they just loan money at high interest rates. This is where Debt Based Slavery comes in. Once you owe money to someone, you become their slave. They are printing our own money at 13 cents a bill and loaning it to us at high interests rate so a $100 dollar bill costs 13 cents to make but they loan it to us for $100 plus interest. Rothschild, a foreign British James Bond like villain owns the Federal Reserve. He's not even American. He just made a giant straw to suck all the money out of America and put it in his bank accounts. Sure, he owns half the planet, but some people are ambitious you know. That's the magic of opportunity! I'm only joking but how many people do you know are so brainwashed that they think like this.
This is a gist of how Babylonian money magic works. Debt Based Slavery is the final element. It is the banks saving us from bankruptcy while putting us in this place to begin with. It's all big game and the 99.9% are the brunt of the joke. Even the politicians, Hollywood deep staters, MSM media, and other low level Deep State goons are part of the slave hierarchy. The only slavemasters are the banks. The rest of it operates as top down slavery. Everyone is a slave. Even if Rachel Maddow is making a lot of money by being a good slave, they force her into humiliating things like eating shit, fucking animals, and all kinds of horrid things because it pleases their Lucifer. The filthiest human beings on Earth who worship Lucifer are making the most money out of all of us because they rigged the system like a Casino and in a Casino, the House always win. The players always lose.
The only way to not lose in a Casino is to walk out. We can beg and beg century after century that they unrig the system but every time we do, they just point and laugh at our faces. They laugh all the way to the bank! No amount of begging or crying will help.
Do you know how they have stopped 7 billion people from standing up to the banks? Simple. They just put on a fake WWE show where seemingly benevolent forces are fighting the Deep State so that we end up being pacified and do nothing to help ourselves. This is called the Masonic Checkerboard Technique. We see both White & Black squares but never realize all of them are on the same team. To us, its like a football game that never ends. The game just keeps going and going. Sometimes its between Republicans and Democrats. Sometimes its between the US and USSR. Sometimes its between the US and Nazi Germany. The Nazis are part of the same deep state as our very Government is. Those US & USSR were allies the whole time. They just used each other as bogeymen to trick us all into paying more tax dollars to expand the military. The military is not for our protection. It is to protect the Bankers from us but the soldiers who are inside the military are completely unaware of this. They think they are doing an honorable thing for us. You should see how shitty they are treated inside of the military. If you think we are slaves, they are the real slaves. I know because I did 3 years. Cops are another group of hardcore slaves who think they are helping the people but are really there to prevent the people from going against the Bankers and to milk us with fines. They don't pull us over because they care about us. They pull us over to give us a bill. No matter what we do, we are milked endlessly.
This is a general idea of how Babylonian Money Magic works. The House always wins. The people always lose. To create Socialism in America, they not only important a lot of the Nazi Party members like John Podesta or Rod Rosenstein or even Merkel in Germany, but they also are desperately trying to bankrupt America as fast as possible until we are standing in 4 hours lines for break and soup. Once this happens, they will rig up an emergency to suspend the constitution, install Socialism, open the concentrations camps, and prepare the world for the NWO with the Pope as the anti-Christ. Why are we using this system? Because we are brainwashed that with enough slave labor, we will become billionaires. It's all bullshit. The players never win in the casino. Only the Casino wins. Nobody else.
But, what if I told you there was a way to disconnect ourselves? What if we can just walk out of the Casino and be free? As in the example before, the poor pigs want their God given right for freedom but the little wooden fence is blocking their path. They don't realize they can use their combined strength to just ram the fence, leave, and be forever free. In the pigs mind, he is hopelessly stuck as a prisoner who is being fed only to be eventually slaughtered. It's not hopeless though, the pig will one day evolve to be smart enough to realize he can combine forces with the other pigs and break down the fence. That is exactly what we are facing here. The humans don't know what to do to break the cycle of slavery because people are seeing an illusion instead of the grim truth beneath the illusion. I have pretty much explained the grim reality here but there is a way of breaking out of the fence and freeing ourselves as a people. I spend 2 years studying day and night to figure this out. It's so easy. Not only will we be forever free, the Deep State will lose all of their power at the same time. To top things off, all crime related crimes will disappear, poverty will disappear, fake wars will disappear, everyone will be relieved of the insane amount of responsibilities we are put under, life will improve, planetary wealth will increase, freedom will be attained, peace will be established, the human trafficking trade will die alone with all money based crimes, transparency would be established, poverty would be erased, income inequality would be erased, the future NWO plans would be erased, and pretty much every aspect of life would improve.
If the Secret to our enslavement is that the House, who controls all the money including what we deposit in the banks, is money itself, then we should simply change the world system from a money-trade based system, into a gifting based system. To get a gist of the gifting based system, see the 12 minute video here:
https://www.youtube.com/watch?v=EEZkQv25uEs
The strategy is this: We already run everything including the banks. They just run the highest positions is all. The rest of the businesses, power centers, the FBI, the NSA, the CIA, NATO, McDonalds, Apple, the Police, the Military, ect.. is all run by us. We make up 99.9% of the work force so we basically run it. The Deep State is the one who gives us orders from the top down slave-system they made. We do as we are told because we don't know any other way to survive without their money. Since we run the entirety of the system, lets just keep running it without the money element.
This basically means the bus driver refuses to accept payment, the deli guy makes free sandwiches, the police patrol the streets for free, the furniture maker makes stuff for free, the wood chopping company chops wood for free, ect... We all do the same exact thing we are doing now but take the middle man, money, out of the equation. This will instantly free us up. No longer are jobs held up because of money problems. We can just keep moving without stumbling due to a lack of funding. We can hire more help without worrying about the costs. Everybody would not only work for free, but we would also consume for free. The world itself would pay for the consumption. As long as we keep moving, the machine keeps feeding us instead of the Bankers. When we use money, we are feeding the bankers, not ourselves. When we dump money, we are feeding ourselves therefore we are instantly a LOT more richer as a community.
As far as ownership, we can no longer consent that the Rothschild family owns half the world and the rest of the Deep State owns the other half while the 99.9% are stuck fighting over the pennies. No fucking way. This isn't working for me. It's not working for the people on this board. Its not working for people in Africa, Russia, China, or nowhere else on the planet. The only ones benefiting from this are the bankers. Once in a while we all get a good run where we do OK but that can change overnight. Some people are wrecked. They have a criminal background or a lot of debt or child support or whatever it is that is wrecking them. Many are homeless even though we have more than enough homes but the bankers want more money which we don't have because they stole it all. Even if we give away our restaurant food, the Deep State plants little trouble makers who are hired to claim they were poisoned by the food so they can sue the restaurant owner as punishment for benefiting society. Now the restaurant owner is forced to dump all of his food in the trash because he is afraid of getting sued. Again, he is controlled by money. Fuck all this bullshit. All we need to do is stop using their money and SHARE all businesses, education centers, Government buildings, and whatever the hell else is an institution means to serve society. All of that shit becomes equally all of ours. We would make it totally transparent so anyone can go into the back offices of Apple and inspect it for evil. Do you know how much evil, diabolical shit is going on now without transparency? Its disgraceful and sickening. These bankers & their Deep State minions have shows where children are murdered in savage wage right on stage just for their own entertainment. Some of these ritual slaves escaped and blew the whistle. They take people, put them in a cage, and burn them for their Satanic Rituals. These people are seriously fucking demented & they claimed ownership of the entire planet! We are sitting here just waking up to our own slavery. We didn't even know we were slaves just 3 years ago. So we would share all of the businesses & power centers. Our own homes and stuff would belong to us only. Anything personal is our own. Anything that serves society belongs to us all. All the hoards of resources, tech, and knowledge belong to us all. We just share everything as fairly as possible in our local realities.
Finally, we just work like regular and that job pays for our consumption. Anyone raising kids, going to college, watching a sick elderly person, or anything like that is already working so they don't need to find a 2nd job. That is a job. A lot of the women who wanted to go back to raising kids can finally do so. Rockafeller fooled women into thinking corporate slaves was a good thing. This way, the women get taxes and used as slaves while the kids find a new parent which is the government teacher once again controlled by the banking class. Then they lowered wages so that 2 people have to work just to survive. Having kids is so overwhelming, I seriously, and I mean seriously recommend not having kids right now. Either way, we need to naturally depopulate over the next few generations. 4-5 billion is good but 7 billion is too heavy. The Deep State wants us down to 500 million for control reasons while good people assume 4-5 billion is fair. Deep State does this through wars and mass murder. Good guys do this with education. As long as we work at least 25 hours a week, I think we will all be OK. All those boring, menial jobs where we collect money for walmart will be gone. All accounting jobs gone. All banker jobs gone. We want them gone. This way, we free up the people to do the more important work like finding homeless people homes, removing graffiti, destroying the drug factories, upgrading the hospitals, rebuilding war torn cities, and much more valuable thins. There is nothing valuable about some spending all year collecting money for Walmart. There is nothing valuable about running mathematical numbers to process taxes for the Deep State. The world isn't actually improving. We can really improve the world in an ocean of ways. That's real MAGA. That's fun MAGA and we would all be doing our own thing to MAGA. The world would very quickly build up in wealth so we can all enjoy planetary wealth.
So we end the use of money, share all things that serve society while keeping our private property (home, car, stuff inside house), and work/consume for free. This will knock out 2 birds with 1 stone. First, we will no longer be slaves. We will be completely liberated. There is no way to enslave us without the money. 2nd, we will pull the rug up from under the Bankers feet. Goldman Sachs execs will no longer be Gods among men, they will no be men among men. The new system would basically create a world of true equal opportunity. If I can do it, then you can do it. In this work, they say if Rothschild could own half the planet, everyone can own half the planet. That is complete bullshit and nobody should believe this shit. They laugh in backrooms as they puff on their cigars that we all seem to believe that we will be rich if we slave hard enough. All that happens is that we become slaves and stay poor with stupid pipe dreams. We would enrich the entire planet and level out the playing field at the same time!!! Who wouldn't want this except for the bankers of course or maybe extremely brainwashed people who cannot see through the illusion.
One last thing, I hope that Trump & Q are ready but considered we have been fooled since the age of Babylon, I wouldn't be surprised if we are fooled again. What they always do is put a seemingly benevolent force against the Deep State. They beat the shit out of each other on TV so we think good forces are fighting for us. This can be republicans VS democrats, the US vs Nazis, or whatever it may be. We end up rooting for the good guys without realizing they are all bad guys putting on a fake WWE show where the banker is Vince McMann. This is call the Masonic Checkerboard Technique. This is done so we end up being pacified and do nothing. For this reason, we have to do something as an insurance policy in case we are being bamboozled again.
We have a perfect plan to fix it all of the world's problems & shut down the NWO in 1 foul swoop. If we don't do it, God knows how many more generations will have to suffer before the woke population musters up enough courage to do it. Its better just to do it now and get it over with so we can reap all the many rewards, save our futures, and save the future generations. All it takes is loving cooperation just as Jesus said. We have to be united. Either unite or die. They push "Divide & Conquer" hard for this reason. We hold unspeakable power when united. Everyone will see that once we unite. They are afraid of a united people.
All we have to do is meme the shit out of this idea until enough people hear about it and see through the fake illusions the bankers setup for us. Once we think we can get 5% of the population to act, we just do it. 5% is critical mass. When 5% does something beneficial, the other 95% follow. We can do all this very quickly.
Think of us like a sports team VS the bankers who are another sports team. We were a disunited group of 7 billion VS a very united group of 8500. Once we unite, we will outpower them like crazy and this is done inside the mind so it doesn't take more than a second to do. Everyone is only responsible for their own mind. If you can do it, you have achieved success. Next, we push the idea non-stop until the masses find out just like we pushed the idea that HRC was a pedophile. It isn't really hard. It just requires persistence. Once we feel comfortable with our numbers, we push to stop using the money and just do it. We can do it nationwide but if people see us doing it here, they will be quickly inspired to do it in their own countries so I have no doubt this will become a worldwide event.
We are like the pigs who are upset about being fenced in. We found out in 2016 but now, after a lot of thinking and brainstorming, figured out we can push ourselves past the gate and be forever free. We can do this ASAP instead of waiting for decades for the Deep State to free us which will probably never happen to be honest. i think we are the hero of the story. The Deep State things we are the hero which is why they use the Masonic Checkerboard Technique. We have to realize that we are the hero. We have to unite. We have to break through the gate together as a team. We will be free, NWO plans will be canceled, and life will become fun again.
Honestly, this is the most pivotal point in human history. Should we walk out of the Banker Casino and be forever free or do we keep trying to beat the rigged games even though we have been on a non-stop losing spree since the age of Babylon?
—————————————— More ideas for the future:
https://www.reddit.com/PoliticalConspiracy/comments/8brj5t/positive_systems_to_replace_our_corrupt/
submitted by lightmakerflex1 to C_S_T [link] [comments]

Early Look at the Market – Tues 6.6.17 -**PLEASE DO NOT FORWARD THIS DOCUMENT**

J.P. Morgan Early Look at the Market – Tues 6.6.17

find the other bits on /the_street, a /wallstreetbets subsidiary.
PLEASE DO NOT FORWARD THIS DOCUMENT

Morning Levels

Trading Update

Top Headlines for Tuesday

Company-specific news update for Mon night.

Calendar of events to watch for the week of Mon June 5

US – economic growth, monetary policy

Europe

Tech Events – calendar of events coming up over the next few weeks

Full catalyst list

  • Thurs June 8 – China May imports/exports (Wed night/Thurs morning)
  • Thurs June 8 – German industrial production for Apr. 2amET.
  • Thurs June 8 – ECB meeting (7:45amET statement, 8:30amET press conf.).
  • Thurs June 8 – analyst meetings: AZPN, SYMC
  • Thurs June 8 – earnings before the open: Dell, SJM
  • Thurs June 8 – earnings after the close: CLDR, Hudson’s Bay, PAY
  • Thurs June 8 - Jefferies Global Healthcare Conference. June 6-9. NYC.
  • Thurs June 8 - REITWeek: NAREIT Investor Forum. June 6-8. NYC.
  • Fri June 9 – China May CPI/PPI (Thurs night/Fri morning)
  • Fri June 9 – German imports/exports for Apr. 2amET.
  • Fri June 9 – US wholesale inventories/trade sales for Apr. 10amET.
  • Fri June 9 - Jefferies Global Healthcare Conference. June 6-9. NYC.
  • Mon June 12 – earnings after the close: SAIC
  • Tues June 13 – Eurozone ZEW survey expectations for June. 5amET.
  • Tues June 13 – German ZEW survey results for June. 5amET.
  • Tues June 13 – US PPI for May. 8:30amET.
  • Tues June 13 – Morgan Stanley Financials Conf. June 13-14.
  • Tues June 13 – analyst meetings: PSTG
  • Tues June 13 – earnings after the close: HRB
  • Tues June 13 – Citigroup Industrials Conf. June 13-14. Boston.
  • Tues June 13 - Morgan Stanley Financials Conf. June 13-14.
  • Wed June 14 – China May retail sales, FAI, and IP (Tues night/Wed morning)
  • Wed June 14 – Eurozone industrial production for Apr and Q1 employment data. 5amET.
  • Wed June 14 – US CPI and retail sales for May. 8:30amET.
  • Wed June 14 – US business inventories for Apr. 10amET.
  • Wed June 14 – Fed decision (2pmET statement; 2:30pmET press conf.).
  • Wed June 14 – analyst meetings: Deutsche Boerse, MAT
  • Wed June 14 – earnings after the close: JBL
  • Wed June 14 - Citigroup Industrials Conf. June 13-14. Boston.
  • Wed June 14 - Morgan Stanley Financials Conf. June 13-14.
  • Thurs June 15 – Eurozone trade balance for Apr. 5amET.
  • Thurs June 15 – US Empire Manufacturing for June. 8:30amET.
  • Thurs June 15 – US import price index for May.
  • Thurs June 15 – US industrial production for May. 9:15amET.
  • Thurs June 15 – NAHB housing market index for June. 10amET.
  • Thurs June 15 – earnings before the open: KR
  • Thurs June 15 – earnings after the close: FNSR
  • Fri June 16 – Eurozone May new auto registrations. 2amET.
  • Fri June 16 – Eurozone labor costs for Q1 and CPI for May. 5amET.
  • Fri June 16 – BOJ rate decision (Thurs night/Fri morning)
  • Fri June 16 – US housing starts/building permits for May. 8:30amET.
  • Fri June 16 – US Michigan Confidence for June. 10amET.
  • Fri June 16 – analyst meetings: GLW
  • Mon June 19 – China May property prices (Sun night/Mon morning)
  • Mon June 19 – Eurozone construction output for Apr. 5amET.
  • Tues June 20 – Fed speakers: Kaplan
  • Tues June 20 – analyst meetings: ADI, EXLS, GE (at Paris Airshow)
  • Tues June 20 – earnings after the close: ADBE, FDX
  • Wed June 21 – US existing home sales for May. 10amET.
  • Wed June 21 – earnings before the open: KMX
  • Wed June 21 – earnings after the close: ORCL
  • Thurs June 22 – ECB publishes economic bulletin. 4amET.
  • Thurs June 22 – Eurozone consumer confidence for June. 10amET.
  • Thurs June 22 – US FHFA home prices for Apr. 9amET.
  • Thurs June 22 – analyst meetings: V
  • Fri June 23 – Eurozone flash PMIs for June. 4amET.
  • Fri June 23 – US flash PMIs for June. 9:45amET.
  • Fri June 23 – US new home sales for May. 10amET.
  • Fri June 23 – Fed speakers: Mester
  • Tues June 27 – China May industrial profits (Mon night/Tues morning)
  • Wed June 28 – earnings before the open: MON
submitted by SIThereAndThere to wallstreetbets [link] [comments]

World History Timeline of Events Leading up to Bitcoin - In the Making

A (live/editable) timeline of historical events directly or indirectly related to the creation of Bitcoin and Cryptocurrencies
*still workin' on this so check back later and more will be added, if you have any suggested dates/events feel free to lemme know...
This timeline includes dates pertaining to:
Ancient Bartering – first recorded in Egypt (resources, services...) – doesn’t scale
Tally sticks were used, making notches in bones or wood, as a form of money of account
9000-6000 BC Livestock considered the first form of currency
c3200 BC Clay tablets used in Uruk (Iraq) for accounting (