Bloomberg, the dying Fed and the birth pangs of the new Gold Standard
Left: Michael Bloomberg, smirk ‘n all
A few days ago, Bloomberg published a chart that has been well known in the Alternative Media for years, showing how the Federal Reserve Bank debased the dollar since 1913. They had been on the Fed’s case before. Bloomberg’s efforts mimic those of the Alternative Media and perfectly serve the wider agenda: the Money Power’s efforts to get rid of the Fed and move to a Gold Standard, which is being erected as we speak.
There are a number of interesting things about Bloomberg. It is owned by Michael Bloomberg (Blumberg), who became one of the richest men in the world according to the official lists. He’s also the Mayor of New York and as such one of the most influential politicians in the US. Bloomberg was financed by Merrill Lynch to found Bloomberg L. P., a publishing powerhouse mainly aimed at the financial information ‘niche’, a market worth about 20 billion per year of which Bloomberg takes about 30%. All this is on Wiki.
Bloomberg is one of the few Mass Media Empires that is actually doing well. It’s growing quickly, and opening up all sorts of new branches, like Bloomberg Law, Bloomberg Government and Bloomberg View (opinion). Not bad, in the middle of a Great Crunch and not quite the death spiral that most of their colleagues seem to be in.
Bloomberg is basically the only Mainstream outlet that has been fairly consistent in its mildly critical approach of the Fed since the credit crunch began. Its main ‘achievement’ was forcing the Fed to disclose at least some of its lending to the big banks during the crunch. They hammered through a Freedom of Information request after months of litigation.
And now there is this chart. Here’s the YouTube vid:
Of course, both ‘disclosures’ by Bloomberg are completely innocent, in the sense that they do not give up any secrets. Both before 2011 and today it was and is well known that the Fed had been handing out massive amounts to insider banks and the chart in the video is a cliche in the Alternative Media.
But it is remarkable how the commentator in the video automatically relates that it all started when we went off the Gold Standard and the Fiat Empire began. Doesn’t get more Austrian than that.
Since Bloomberg is so clearly a leading insider media outlet, it is interesting to wonder what’s up with this, albeit ultra mild, Fed ‘bashing’.
It certainly fits with the incredible impact Ron Paul has had. With the help of mainly Alex Jones, he managed to take over almost the entire ‘Truth Movement’ and his stooges are now renaming it the ‘End the Fed Movement’. During the primaries, several Republican candidates, including New Gingrich, started calling for the reinstatement of a Gold Standard, which is the implied automatic alternative to the Fed. Mitt Romney actually promised a Gold committee to study the proposal, should he be elected. As we know, Paul was instrumental in getting Romney the ticket.
It does really look very much like the Dollar (in its current form) and the Fed are end of life and the only real question seems to be how long they will last. At this point they still look viable, but pressures build up and at some point they break through, surprising us while we were waiting for it to happen.
All this is of course integrally linked to the Empire itself, which is built on the Petro-Dollar. Because oil must be paid in dollars, which can be printed at zero cost and be spent into circulation by the Powers that Be. Which is the reason we had 9/11 to begin with, because they needed to physically grab the oil, mainly to keep it in the ground as long as possible, to back their Dollar hegemony. And to consolidate Zionism, or better: to set up the final clash of civilizations.
Much more can be added to the equation, but we can see that all sorts of Money Power outlets and stooges are working in the same direction. Bloomberg is clearly part of the greater scenario. The Dollar in its current form and with its current status is toast and with it the Federal Reserve. A new system is in the works. As one of the leading, highly connected, presstitutes on this issue, Ambrose Pritchard-Evans puts it: a new Gold Standard is being born. Nobody knows yet exactly what it will look like, but the dollar will play a much smaller role and several supra-national units, not unlike the Euro, will emerge. Perhaps with a fixed exchange rate managed by the IMF as portal to World Currency.
Of course, the Fed itself is completely irrelevant in all this. It’s just a vehicle for control of the money supply. Gold is about the most controlled stuff around, so the Money Power is always eager to use it as the tool of choice for their usurious plunder.
In fact, the previous Great Depression was caused by the reinstatement of the Gold Standard in 1925 and it seems likely that the weaponization of Gold as currency, to create even more deflation, is a key element of their strategy.
As we know, it’s not the vehicle (the Fed) that matters, or even the kind of money, be it gold or paper. What matters is who controls it. Whether he can tax it with interest or not. We simply cannot win without interest-free money.
All this ‘freedom of the press’, ‘opposition’ and the ‘End the Fed’ movement certainly is a wonderful textbook case of Money Power control and implementation. Its fit with the greater picture is exemplary. They always have the sheeple call for what they have planned anyway. The greatest thing is that everybody is ‘awakened’. This is what Michael Hoffman calls the satanic mockery, ridiculing of us. In a sense, it’s even funny to watch, just imagine how these people behind all this must feel.
And as a final note: since Gold’s renewed lease of life as currency has been the main driver for its rise in the last decade, and since more and more major players are getting a hold of what’s theirs, it continues to look like a bull market.