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Posted: 2018-03-25 21:04:45
Posted: 2018-03-23 22:20:42
"A state within a state or a deep state is a political situation in a country when an internal organ ("deep state"), such as the armed forces or public authorities (intelligence agencies, police, secret police, administrative agencies, and branches of government bureaucracy), does not respond to the civilian political leadership."
"an intensely secretive, informal, fluid network of deep politicians whose deep state milieux effectively amplify their influence over national governments."
"A body of people, typically influential members of government agencies or the military, believed to be involved in the secret manipulation or control of government policy."
"The Deep State is shorthand for the nexus of secretive intelligence agencies whose leaders and policies are not much affected by changes in the White House or the Congress. While definitions vary, the Deep State includes the CIA, NSA, Defense Intelligence Agency, and components of the State Department, Justice Department, Department of Homeland Security, and the armed forces."
"Any network of entrenched government officials who function independently from elected politicians and work toward their own ends."
"Individuals and institutions who exercise power independent of—and sometimes over—civilian political leaders. They applied it mainly to developing countries like Algeria, Pakistan, Egypt and Turkey, where generals and spies called the real shots in nominally democratic societies and replaced elected leaders when they saw fit."
"Career employees inside a government are working together to secretly manipulate government policy and undermine elected leaders or political appointees."
"The term was actually coined in Turkey, and is said to be a system composed of high-level elements within the intelligence services, military, security, judiciary, and organized crime."
"Citizens in Turkey, where the term originated, have long worried about the derin devlet (“deep state”), which refers to a network of individuals in different branches of government, with links to retired generals and organised crime, that existed without the knowledge of high-ranking military officers and politicians."
"Elites inside and outside the government wield power not assigned to them by the Constitution, irrespective of the will of voters"
"People in the White House, the Pentagon, the State and Justice departments, Congress, and the intelligence community are leaking to the press because they have no choice in an administration where officials have unexplained links with Russia, an array of conflicts of interest, and have promoted soft forms of white nationalism and fascism that threaten basic ideals of American democracy."
"a nexus of institutions—the intelligence agencies, the military, powerful financial interests, Silicon Valley, various federal bureaucracies—that, they believe, are conspiring to smear and stymie a President and bring him low."
Posted: 2018-03-22 22:15:22
Posted: 2018-02-24 01:29:27
Posted: 2018-02-24 00:10:13
- Prevent hoarding of cash
- Force people to put money in banking system
- Prop up fractional reserve banking system
- Easier for governments to track purchases
- Allows banks to have negative interest rates
- Prevent bank runs
- More money for bail-ins
- Credit card transaction fees
- Gather purchasing data
- Avoid tax evasion (black market transactions)
- Collect bank account fees
- Prevent bank robberies
- Easier to move to a government backed cryptocurrency
How do banks/governments prevent use of cash?
- Ban large denominations
- Ban cash for certain transactions
- Difficult to withdraw large sums of cash from bank
- Difficult to transfer money overseas
- Propoganda (cash is only used for drugs, bribes, illegal activity)
- Fewer ATM machines
What are advantages of cash?
- Can be used when there is no power, no cellphone service
- Cash is accepted everywhere, by everybody
- Cannot trace transactions
- Not vulnerable to bail-ins
- No need to have a bank account
- No transaction fees
How to defend against war on cash?
- Gold, silver
- Hoard cash
- Convert to other currency
The Global War on Cash
The War On Cash
The War on Cash: Transparently Totalitarian
The US government's war on cash
Posted: 2018-02-21 23:46:18
Posted: 2018-02-21 22:21:03
On Jan 3, the Fed reported the interbank lending level had crashed to 13.237. Since then, they've discontinued the interbank loan chart and ERASED the Jan number. Fortunately, I captured the chart here. Why would they discontinue the chart? Why would they erase the data? Why would the Fed cover it up? Is there a major crisis that they don't want us to know about?
Posted: 2018-02-19 23:39:27
Governments and central banks do not want anyone to save their money. They are forcing everyone to spend it. If you save it, you will get penalized.
People are willing to have negative rates because they fear anything else is too risky. Stocks, real estate, non-government bonds, and bank deposits are all too risky.
There is no other place to park large sums of money except in government bonds.
Governments can have their balances reduced by lending out money.
In a deflationary environment, -1% yield would be a good deal for investors.
Weakens the currency to make exports more profitable for the country.
Speculators can make money in a bond that is falling more negative or bet the currency would rise.
Negative rates has had no effect on increasing velocity of money.
Encourages retail investors to pull their money out of the financial system.
There has never been negative governmental bond yield in the history of the world.
Over $10 trillion invested in negative bond yields.
Countries with negative bond rates: Japan, Germany, Denmark, The Netherlands, Austria, Switzerland and Sweden
Negative bond rates are a sign of desperation of central banks and that they are losing control.
Could be a leading indicator of a massive deflationary event.
Who Buys Bonds With A Negative Interest Rate? - Planet Money
Negative yield bonds: Here's who's buying - CNBC
Why Would Anyone Buy Negative Interest Rate Bonds? - Motley Fool
https://www.theglobeandmail.com/globe-investor/investor-education/who-would-buy-a-bond-with-a-negative-yield/article23132250/ - Globe and Mail
Who Wants To Buy Europe's Negative Interest Bonds? - Forbes
Why do investors buy negative yield bonds? - Financial Times
Why the Bond Market Is Yielding Negative and What Negative Yields Mean for You - Pimco
Negative Interest Rates - Bloomberg
Posted: 2018-02-19 23:30:03
Posted: 2018-02-19 09:40:32
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