For many years, we here at The Privateer (and many others) have been explaining the mechanism by which the production of real wealth has progressively been taken over by the production of “purchasing power”. The onset of the GFC [global financial crisis] exposed these mechanisms to public scrutiny to an extent not seen since the 1970s, or before that, the 1930s. The GFC itself, especially in nations (such as the US) where its impact has been most sorely felt, has greatly increased two things so far. One is the ever growing unease and indignation of the public. The other is the lengths to which the “authorities” will go to keep the REAL reasons for the present malaise away from pubic view and, above all, from public understanding.
–Bill Buckler, The Privateer Report, #661
The reader may be wondering why almost everything in this chapter — in particular its theme that Nixon appears to have been ousted in a nonviolent coup — is not common knowledge. To understand why, it is necessary to contemplate the system through which information is disseminated to the public, and the mind-set with which it is received. The common narrative on the most complex, disturbing events is usually generated by insiders — so-called investigative commissions made up of figures acceptable to the establishment, and by a handful of designated authorities deemed suitably presentable as well. For the rest of us, it is almost always easier on the conscience to accept the most benign interpretation. If everything is tied up neatly, then we do not have to do anything. The key to it all is the gatekeepers.
–Russ Baker, Family of Secrets, p. 245 ‘Denial’
In George Orwell’s brilliant novel Nineteen Eighty-Four, one of the characters, Syme, in discussing the nature of Newspeak, says “It’s a beautiful thing, the destruction of words.” Newspeak was a systematic attempt by the dictators of Oceania, a totalitarian society eerily similar to North Korea, to control thought by eliminating words that gave rise to ideas they disapproved. What Syme and Orwell are talking about is that the destruction of words is the destruction of ideas.
–Jeff Harding, Why Saving Is Right and Economists Are Wrong
Speaking of fear, for more on scaring people into spending money rather than saving it, check out Eric King’s interviews with Jim Rickards.
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