14:00 Agencies lying to President and Pompeo going along.
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I have been following a number of alternative (which is to say, honest) economic minds for some years now, including Martin Armstrong, John Bogle (RIP), Ellen Brown, Karl Denninger, William Engdahl, Edgar Feige, William Greider, Wayne Jett and yes, Judy Shelton. She nailed it and our President was very wise to hear her out on gold-backed currency. I expect the US announcement any day now. Cancel the income tax and put in the APT Tax and agree with ASEAN and others that we must all nationalize our privately-owned Central Banks (but not their debt, which will remain the obligation of the private banks creating that debt), and it is GAME OVER.
Dr M moots currency backed by gold
TOKYO: Prime Minister Dr Mahathir Mohamad says Malaysia is proposing a new currency based on gold, as this would be more stable than the current currency trading which is manipulative.
CLOSED – Superceeded by:
Robert Steele: If I Were President
Original Call For Questions Below the Fold
Summary of this SUPERB commentary below the fold.
As Theresa May loses battle of Britain, West Coast oligarchs sue for peace
ROBERT STEELE: Benjamin Fulford's weekly report, a $11/month subscription, is absolutely recommended to one and all. This week's report sets the stage for multiple announcements by the President between now and the 4th of July, when he will start campaigning in earnest.
We need a radical overhaul of the monetary system itself, and that means rethinking what money is and how it enters the economy.
We need a new economic model, one designed to elicit the abundance of which the economy is capable. Implementing that sort of systemic change is not as radical as it sounds. Over the course of three centuries, US money has evolved from government-issued scrip in the American colonies to government-minted coins when the colonies became a nation, to nearly all privately issued money today. Dissatisfaction with an extractive and outdated banking system, along with revolutionary developments in software technology, have prompted a wave of proposals for redesigning the monetary system and the currencies it uses.
This book looks at how our banking system really works, the inherent contradictions in the model, and why regulation has not worked to fix them. It then explores some new developments and proposes a model that bypasses exploitation for private profit, turning banking into a public utility that serves the people and the economy.
Continue reading “Worth a Look: Ellen Brown, New Book Banking on People”