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Deep Structural Cracks Manifesting within the Economic and Monetary Systems (Republicae)

If any of you recall the rather heated debates on the subject of Deflation, particularly those with DP member Greed, then you will remember I said, on several occasions that the world we live in is entirely different that the one during the period of The Great Depression. I contended that the economy was a very different economy with very different dynamics than those at play during the 1930s, indeed, even money and the financial markets are completely different now then at that period. I stated that the period we now live in would be marked by not only inflation, but also deflationary pressures. It will prove to be a monster that no one, especially government appointed central bankers will be able to contend with any degree of success. It is a new world in which the universe of economic indicators will be so skewed by distortions that the forces of economic and monetary manipulations that the establishment economists will fail to either understand or come up with a viable solution to stop the slaughter of our society.

There appears to be a definite increase in the deep structural cracks manifesting within the economic and monetary system causing confusion to abound throughout the global halls of money power and the dysfunctional political asylum we are subjected to as involuntary participates. The Panic of 2008 was simply the beginning of the systemic collapse that will ultimately consume not only the United States, but will have definite socio-economic-political ramifications around the globe. What has been produced through decades of manipulation is an economic and monetary system that are completely inundated with distortions, misdirection and misallocation. The mesh of economic confusion is so tightly woven that there will be absolutely no solutions coming from official sources because they are steeped in the mire of Proto-Keyneisan, Keyneisan, and Post-Keynesian shallow-minded dogma.

We will witness a growing mix of stagflation, deflation and inflationary pressures and events, the results of these cycles will completely allude the minds of the mainstream economic establishment. They are unaware, blind to the fact that within the mix of co-existing stagflation, deflation and inflation, these pressures will not only happen simultaneously within this distortion they call the economy, but each of these pressures have formed what could be considered a symbiotic relationship, feeding the distortions in a manner what will prove to be not only unprecedented, but totally confusing to the bureaucratic establishment mentality. It is becoming very evident that these events are beginning to dominate the markets, causing confusion at the highest levels of market activity. Corruption runs rampant and is so deeply-seated that main-street has been essentially shutout of any real possibility of gain from the markets.

Accurate information on the markets, pricing, charts and various indicators, is skewed and rarely takes into account the multitude of external information that places pressures on the markets. The big quake will come when, as we have been seeing for the last few years, the U.S. Dollar hegemony is directly challenged rather than just a matter of discussion by the governments of countries that have finally realized just what such hegemony really means economically and decades of Dollar inflation has been effectively exported to shores beyond these United States.

There is a substantial global revolt taking place, mainly behind the scenes, against the world we have grown accustom to in this country and the effects of this revolt will prove to be such a shift in structural direction that this country has been taken that few will be able to cope with the consequences. That shift is just the beginning of the monumental forces that will finally place a myriad of pressures upon the economic and monetary systems of not only the U.S. but the world.

We only catch glimpses, tid-bits of what is actually taking place behind the scenes, but there are indicators that are present on the global stage, one being the massive amounts of gold that is being purchased by various countries, particularly those in the East, like China. The Dollar is rapidly losing command and the U.S. Treasury Bonds have been effectively trapped in an inescapable quagmire that is now dependent upon the Federal Reserve for the majority of purchases.

The battle over Dollar hegemony is rapidly moving from mere preparations into a full-fledged array of battlements and flags unfurled and the defenses of the Western Government sponsored Banksters are proving increasingly insufficient to ward off the invaders. The only weapons left in the arsenal is to continue the war-torn strategy of massive inflation to cover its crimes not only against the Citizens of the United States, but also of other countries who have been subjected to decades of fiat foolery! For decades they have used the corrupt system of fiat currencies to manipulate the economic systems of not only the United States, but of all countries that have been forced to use the Dollar as the world's reserve currency. The opposition is rising rapidly on a global scale, one that will be extremely difficult to restrain with what was once common tactics of the Western Banking Cartel.

The question will be what will come from all of this? At this point it's anyone's guess, but with the mounting evidence we might be able to come up with some educated guesses. There appears to be a growing call for international reforms, but reforms that will not set well with either Western governments or their Bankster patrons. These reforms could include the management of bank reserves, the manner in which sovereign bonds are structured and issued, trade settlements, debt ratings and the way in which settlements are distributed. To the shock of many in the Western financial world, there maybe a push toward eventual justice, not merely reform.

As events unfold, the commonly-held concepts surrounding inflation and deflation will no longer make much sense, especially to those who still hold that the same mechanisms that prevailed during the period of The Great Depression in terms of deflation or the period of the Wiemar Republic in terms of inflation. The interpretation of all the factors that will surround the upcoming global shift will depend on a new understanding of all the mechanisms that have come into play on the global economic and monetary stage. We are already seeing hyper-inflation as well as what can be called deflation or a decay of assets. Normal assumptions of inflation and deflation tend to float around prices, but that is not the case; inflation and deflation are monetary phenomenons. We have, especially since the Panic of 2008, seen a massive hyper-inflationary agenda by the Federal Reserve and by just about all the central banks globally, but the effect has not yet been manifested within the markets, they are currently only responding to first stage and that is the influx of new liquidity. We have seen monetary inflation on a scale that has not been matched in history, Quantitative Easing with the monetization of U.S. and Euro Bonds is only the preliminary stages of a hyper-inflationary event that will witness a simultaneous hyper-deflationary event.

In fact, several years ago, here on the DP, I stated that the historical fear of deflation is usually the impetus for central bank inflation. That was indeed the case, for they misinterpreted the bursting of the artificial bubble they created through monetary policy as historic deflation, when, in fact, it was part of the boom/burst cycle they themselves created. The response was to attempt to re-inflate the bubble, but, as usual, they have been unable to make that correction through the use of monetary inflation because the economic potency of the fiat currency has been neutralized through inflationary depreciation over the decades.

The fact is that we are in the stage of monetary hyper-inflationary and the pressure that is mounting toward eventual hyper-price jumps that we enter into the next stage of the hyper-inflationary event, it is completely unavoidable at this point. On the reverse side, there has been and continues to be type of asset deflation that is taking place in real estate, mortgage bonds and even in bank equity.

The U.S. Economy however, has become completely addicted to and dependent upon the continued monetary stimulus of the FED, we have deficit spending dependent upon the monetizing of bonds, monetary easing that is totally supporting mortgage rates and if it were not for direct monetary inflation all types of assets would crumble. The problem is structural, and no amount of monetary inflation can repair those structural issues, for the solution to the problems in this economy are not based in the quantity of money but the quality of money, thus, because of this fact, we will continue to witness both inflationary and deflationary pressures coming to bear on this economy simultaneously.

Now, another factor that is very hard to verify is all that is taking place within the vast derivative markets, that factor may prove to be one of the final nails in the global economic coffin. Add to this factor the really weak credit links within the Global Supply Chain and we have the makings of an economic implosion that is hard to even imagine, one that could quickly take civilization back six or seven centuries.

The fact is that the financial system, and the fiat economy that created it, has already been destroyed, there is no picking up the pieces because they are still falling. The problems are beginning to manifest as the cost structure within the economy continues to rise, capital is is shambles, profits are both distorted and decimated, eventually we will see liquidation on a massive scale, liquidation that will expose actual value verses the artificially inflated prices that has, until this point, seemed to be impressive. Home sales, said to be on the rise, are being artificially propped up by the vast number of institutional investors that are mopping up blocks of homes at bargain-basement prices from the big banks portfolios that are still filled with toxic assets despite the patronage of the FED to purchase $85 Billion a month in mortgage securities and bonds. Strangely, the more the inflationary pressure the more the destruction of capital, the more the destruction of capital the greater increase in the value of assets, thus the circle continues unabated. It is almost as though the FED and everyone involved in the markets are totally incapable of understanding the mechanisms that are at work in such an economy.

We live in a time when, as a last gasp for life, the powers of the world just might attempt to do what they hate to do and that is to institute some sort of gold-backed system as a last ditch effort to save a system that should have died long ago. One thing is almost certain, those involved with the official global criminal cabal will have one last stretch of notoriety as their faces appear on wanted posters: Dead or Alive!

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As the Chinese ancient saying goes, while the waters can bear the boat, they can also sink it.


Republicae's picture




"We are not a nation, but a union, a confederacy of equal and sovereign States" John C. Calhoun



Defeat the panda-industrial complex

I am dusk icon. anagram me.

Republicae's picture




"We are not a nation, but a union, a confederacy of equal and sovereign States" John C. Calhoun

Words are no match for money. Got a light?

Oh! Excuse me, I have another deadline-of-credit to meet.

Here is HTML tags for cut-n-paste of essays & pictures:

<a href="http://www.dailypaul.com/300181/jim-rogers-ron-paul-should-be-federal-reserve-chairman"> <img align=left src="https://fbcdn-sphotos-e-a.akamaihd.net/hphotos-ak-frc1/581215_422797861162359_1018728114_n.jpg"> <Oh dear me!>

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul


There are truely no words nor are any needed. Well done to the creator of this comic.

Wisconsin food stamps dropped from $133 to $120 per month

it was due to the expiration of a temporary expansion that was part of the ARRA of 2009. Why would they time the expiration to happen in November - right after a new fiscal year begins, in the cold season when gardening isn't an option anymore for most people, etc. I didn't hear anyone even talking about expanding the program, or any of the other temporary stimuli of the $831 ARRA direct spending programs.

Point being - it's suspicious. The decline in benefits affects not only the poor people but JP Morgan too, as they manage the program for the government, so they will lose some commission $ as well from this...

Another friend informs me theirs also dropped 10% from $209 to $189. This conflicts with the 5.4% as reported here http://www.opposingviews.com/i/politics/food-stamp-benefits-...

Defeat the panda-industrial complex

I am dusk icon. anagram me.

In the USA monopolies are illegal. Let us request for bid!

It might seem to you all that having "legal tender" printed up & distributed to its rightful owners ought to be put out to bid. The century old franchise taken up by the monolithic Federal Reserve System has gone long on its fangs (teeth). Old blood... Antiquated... From my perspective, an oddity over-staying its welcome.

Quantifying monetary values with an elastic measuring stick is near worthless... A stretch at best? "Follow Your Money." DTCC clears most payments. $2 quadrillion each year. Submitted by Mark Twain, 01/29/2013

May I suggest a deep scrub & clean? A Boxax ™ 20 Mule Team scrub & clean?

My I suggest a completely new monetary system (that includes actual money)? Help Wanted: 1. Justice & 2. Monetary System.

Happily ever after?
Wouldn't it be wonderful? A few seconds of bliss.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Republicae's picture

Mark, you have the most

Mark, you have the most colorful comments, whether in pictures, words or a combination of both.....Thanks


"We are not a nation, but a union, a confederacy of equal and sovereign States" John C. Calhoun

Ah shucks...

Attempt to cover my mischief making the article more attractive. Let one judge my books by their covers. Let them judge me by my cover-alls. Lest they judge me by my deeds.

Much obliged for your postcard. Tis a pleasure to cross paths.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

time to make a pot of coffee

thanks and glad you're back Republicae.
you always elevate the conversation.

"The two weakest arguments for any issue on the House floor are moral and constitutional"
Ron Paul

Republicae's picture

Thanks Rocketman.....

Thanks Rocketman.....


"We are not a nation, but a union, a confederacy of equal and sovereign States" John C. Calhoun

Nice to see you here again

Nice to see you here again

Republicae's picture

Thanks, I appreciate it.

Thanks, I appreciate it.


"We are not a nation, but a union, a confederacy of equal and sovereign States" John C. Calhoun

The shadow banking system

doesn't quantify and publish its own criminal activity. However there are plenty of sources on the net. Furthermore, it's not my job to spoon feed you. If you want to contradict my post, then you should find some credible sources to do so.

Republicae's picture

I can say the exact same

I can say the exact same thing to you Waldo, if the Shadow Banking System doesn't quantify or publish its own criminal activity then what definitive evidence do you have to present. I'm not talking about the myriad of conspiratorial websites, I am talking about what credible evidence do you have to present that would make your case. Since it is all hidden, that poses a major difficulty for such proof. Now, if you can provide evidence to substantiate your claims then by all means do so, but don't simply throw things out and expect them to be accepted just because you say that is the way things are, you will need exact, detailed information that is evidential both in character and in fact in order to do that, but essentially, you have numerous dots that you attempt to connect through assumption. You can, after all, make anything fit together with anything if you try long enough and join bits and pieces of information together in a way that seems to indicate some grand conspiratorial activity.

Now, that being said, I do believe that there has been a vast criminal enterprise that includes corporate banking, the government and the patronage system that has been formed over the years, but there is no evidence, substantial evidence that there has been a continual conspiracy that has spanned the centuries.


"We are not a nation, but a union, a confederacy of equal and sovereign States" John C. Calhoun

YOU NAILED IT MAN!!!!!!!!!!!!!!!!!

I do believe that there has been a vast criminal enterprise that includes corporate banking, the government and the patronage system that has been formed over the years, but there is no evidence, substantial evidence that there has been a continual conspiracy that has spanned the centuries.


'Bankster' Is Not Hyperbole ...

... And 'conspiracy' is not theory, but an apt term describing documented concerted action at high levels sustained over long periods of time, and currently, by ill-gotten gains acquired through such coordinated corrupt collaboration.

[ These links are not for the know-it-alls who can't handle full paragraphs, who, with snap judgments and snapshots, have it all figured out, concluding in accord with financial press sound bites promoting the glib contrived narrative. ]

If one find it too tedious to connect the dots, step back and take a peak at the big picture.

When this unravels ( and I believe it will, as Republicae correctly forecasts) complacent paper pushers won't be left with enough in their pocket to pay attention ...

... So might I suggest one pay it N O W (attention, that is).

There is a subplot to this narrative:


Get Shorty


[ Big Picture may draw attention to the idea that our view is manipulated by other's designs, ... emblematically we are positioned as fixated strollers. ]:


... Empire engineered deliberately:


Why does one find it at all hard to believe? Keynesianism is but one tool bag for the turners of screw.

OK LiBerte I will bite on the conversation

because someone has to set the record straight.

First let me say the “conspiracy theory “we were talking about was the intergenerational conspiracy of the world end days of Revelations. That there is a secret cabal moving us toward a showdown with Satin and we all had better choose a side because those special people that know how GOD will do all this knows they are on the right side…..basically religious zealots.

There is a perfectly reasonable logically cause for the things that happen…happening, It called the State. If you are not familiar with Plato, check out Murray Rothbard “History of economic thought before Adam Smith” . There is an excellent explanation for the reason we thing what we think or you could just check out my post called the Journey to Jekyll Island the Philosophers.

On the Deep Capture page I was drawn to the movie, for information short and concise. Interesting movie, the first part is about a court case. I Goggled it and was lead to a Fortune article. The court case itself should be made into a movie…interesting story.
Then he went to describing “regulatory capture”. I found this interesting also, mostly what he is describing is actually “Marcantilism”…he just doesn’t know it. So he has stumbled upon the way this country’s s government was actually set up to run….good for him, not a new concept, but obviously new to you. It only further strengthens the theory of Staism over the conspiracy theory.

I got as far as “naked short selling”…. this became a problem because day trader were selling a stock the they have not borrowed, and have no intention of borrowing, because they will buy it back the same day they sold it…..they are only interested in a very small quick, hopefully profitable, trade. The stock they sold does not have to be borrowed therefore the trade does not settle through the DTCC and because when they buy it back the trade is closed out and no settlement needs to occur.

I don’t like naked short selling because it really doesn’t provide the service that a real short sell provides ( which is information, liquidity and price discovery) and think they should change the margin requirements that would curtail it.

Patrick Byrne has and agenda….don’t know what it is yet….but he is not being honest or maybe he has just been awakened to mercantilism. I commend him for exposing the corruption but like most he will never truly swallow the “red pill” because he just doesn’t want to believe that he has been so naïve his whole life. It’s easier to blame some bad people for corrupting the system then it is to be stirred to the thought that the system isn't what you have been told it is all your life.

IS there corruption in the system….YES……in fact the system is corrupt, because it’s a mercantilist system, not a free market…..the free market is the fairytale they said we live in, to keep you blinded by the truth….your government is a corrupt system….it’s Statism. Will there be a NEW WORLD ORDER, Yes…..but not because it is some master plan, but because it’s the evolution of the failing State. Those at the top will want to preserve their position and will settle for anything, including selling this country down path of a bigger State and we will lose the last of our sovereignty, exactly what Alexander Hamilton and Robert Morris did in 1787.

Milton Friedman define corruption as….”the interference in the free market through government regulation”…….I couldn’t agree more!
I will watch the rest of the video to see if Mr. Byrne reveals his true intentions.

Fully Eschew Mere Sound Bites Before Swallowing

You accepted my invitation for conversation on the topic, but it's clear, and you acknowledge, you haven't delved much into the story yet. It's captivating, you'll find (I promise), perhaps hence the name. I think you you will find some theories are premised upon sound reasoning and solid inference, and, in fact, historically supports your and my view of the error of statism. But the devil is in the details.

You may be right that Patrick Byrne, ( and I suspect, so do you) likely still hold onto some vestige of conventional naivete as a consequence of the customary expectations of polite company and upbringing; but I'll tell you I've satisfied myself that Patrick's the real deal and a hell of a stand up guy in my book. Yet this isn't a story about him, though he has proven to be a key protagonist heroically playing his part through some key action sequences as the plot develops. Not to spoil the suspense, but I will tell you that, strangely, you will find the conspiracy story line is not fiction. If you have the stamina to continue with the odyssey, I predict you will discover more than merely that the plot thickens.

Whether such Revelations foretell of Apocalypse Soon, I leave as ponerology and philosophic overlay to the interpretation of others so inclined. Likewise whether the forces of evil at work in scenarios playing out behind the scenes are Satanic contrivances, or just plain bad people doing bad things, draw your own conclusions, but eschew snap judgments on the merits if the contention is convincing. Many theories I too find to be the stuff of distraction from the veracity of substantive information at hand.

But if one wants evidence of "intergenerational conspiracy", for example, one needn't look much deeper into history than the Bush clan (Prescott, George Herbert, and Lil' Bush); and "secret cabal" handiwork is evident in the corporate personhood winking countenanced for The Carlyle Group, or Halliburton, or Goldman Sachs, for instance.


It's a cabal alright ... A complex operating on the simple motives you seem to have a handle on, though I still think you miss the boat as to what's afoot. And it's not all that secret, though it requires some investment of diligence and discernment to divine.


I'll come back to your 'Journey to Jekyll Island the Philosophers'. May I commend you to try again to dig into the scope and magnitude of systemic convulsions irreversibly pending as a result of DTCC, and it's principals, nekked antics. You might agree that Satanic ritual wouldn't be hyperbolic description, if you took the time to try to connect the dots in order to discern what goes on in broad daylight in their pentagon shape-shifting concentric circles of dark shameless evil.


Rothbard's Big Picture:

"Giant multinational corporations, and their economic satellites, in alliance with governments and the big banks, are in the process of extending their influence on a global scale: they dream of a world central bank, global planning, and an international welfare state, with American troops policing the world to guarantee their profit margins...


"I put the word “conspiracy” in quotes because it has become the favorite swearword of the Respectable Right and the “extremist”-baiting Left. If it is conspiracy-mongering to believe that human beings engage in purposeful activity to achieve their economic, political, and personal goals, then rational men and women must necessarily plead guilty. The alternative is to assert that human action is purposeless, random, and inexplicable. History, in this view, is a series of discontinuous accidents.

Yet it would be inaccurate to call the Rothbardian world view a “conspiracy theory.” ... This was not some secret cabal meeting in a soundproof corporate boardroom, but a “conspiracy” of ideas openly and vociferously expressed....


"But the complexity and subtlety of the Rothbardian analysis, backed up by the sheer mass of rich historical detail, sets Rothbard on an altogether different and higher plane. Here there is no single agency, no omnipotent central committee that issues directives, but a multiplicity of interest groups and factions whose goals are generally congruent.

In this milieu, there are familial, social, and economic connections, as well as ideological complicity, and none is better than Rothbard at ferreting out and unraveling these biographical details. Taken together, the author’s small and studied brushstrokes paint a portrait of a ruling class whose ruthlessness is surpassed only by its brazen disloyalty to the nation.

It is a portrait that remains unchanged, in its essentials, to this day. Wall Street, Banks, and American Foreign Policy ... "


I believe we might agree, at least on some of this,

you wrote quite a bit here so I will address the portion that interest me most. Speaking of writing you do it very well, I am impressed. Not that it should matter to you but coming from someone that knows his limitations, I recognize it when it’s done well.

But I am mystified as to you proclaiming to “eschew” yourself from the debate of the “intergenerational conspiracy" but then offer evidence to its existence. And then again offering a link to exactly the type of NWO site you proclaim to “leave to those inclined”. Is this your own personal site….is this your work? You said you were a writer (and let me say again a very good one). Once again the “intergenerational conspiracy" I am opposed to is the one that blames all this on the Jews and the Bankers. Evidence of “State” corruption is just that and provides historical context, the hyperbole is the naiveté to the State.

As far as the link to Lew Rockwell and the part that interest me…..I know this book by Rothbard and quote it often. The part that never gets revealed is the introduction, which happens to be the most profound statement written in the book.

Peddlers of oversimplified conspiracy theories will be uncomfortable with the level of detail in this book, as will the court intellectuals who regard any and all references to the duplicity of groups like the Council on Foreign Relations and the Trilateral Commission as the talk of paranoids completely divorced from reality. Furthermore, people who think that the elimination of corporate influence from the public sphere will finally end the wars and graft will be encouraged to rethink their assumptions about the state: it is not, after all, an organization for the public good that has been hijacked by the rich and powerful, nor an engine of corporate control that can be reformed toward liberal ends. The state itself is and always will be the problem, and so long as it has a military arm, it will be influenced by some private interests or others toward opportunistic warring, and at a minimum manipulated by politicians, even the most supposedly humanitarian and egalitarian of whom have a murderous and diabolical record in deploying its forces and dropping its bombs. Even large business interests can come and go, but the political apparatus itself, the most inherently corrupting of all institutions given its unavoidably coercive and monopolistic nature, will continue to inflict misery and loot the disadvantaged on behalf of the powerful.

and then from the text of the book.

Business men can either be genuine free enterprisers or statists; they can either make their way on the free market or seek special government favors and privileges. They choose according to their individual preferences and values. But bankers are inherently inclined toward statism.

Commercial bankers, engaged as they are in unsound fractional reserve credit, are, in the free market, always teetering on the edge of bankruptcy. Hence they are always reaching for government aid and bailout.

Investment bankers do much of their business underwriting government bonds, in the United States and abroad. Therefore, they have a vested interest in promoting deficits and in forcing taxpayers to redeem government debt. Both sets of bankers, then, tend to be tied in with government policy, and try to influence and control government actions in domestic and foreign affairs.

Republicae's picture

Good write-up Gold.

Good write-up Gold.


"We are not a nation, but a union, a confederacy of equal and sovereign States" John C. Calhoun

Thanks man,

I respect your opinion.

Oh Goldspan ... We May Agree On More Than You Know ...

... because, I suspect, you don't know about many of the particulars that lie just beyond the snap of your judgment, unseasoned yet by Enquiry ... And still you do not seem too curious about such spicy matters that may lurk just around the four corners of snug interests in a steady diet of boxed lunch comfort food.

I meant to preface my mention of the 'intergenerational conspiracy' reference I served up. I offered it as an example of saucy, sometimes enlightening, reading available to open minds unencumbered by conventional naivete which might classify all such 'theorizing' as beyond the acceptable pale of self imposed conformity to a permitted orthodoxy of polite company and proper upbringing. We saw examples of such strictures during the Ron Paul campaign, what with the Beltline tighting camp championed by Jack Hunter types urging libertarians to go cold turkey on consumption of 'truth', and condiments of opposing conspiracies, in order for a better fit. Their menu would exclude anything but prepackaged servings of standard fare. They would jettison any raw unprocessed cravings of the wing nut contingency. I understand the point. Beautify and influence people. Notwithstanding such expediencies, I don't generally subscribe to most issues of the zealotry for other reasons than attention to svelt correctness ( I drink raw milk but still brush my teeth with fluoride, for instance). I will admit I find a great number of tin foiled musings to be diversionary simpleton complexity. I find myself, nevertheless, rarely daunted by pressures to prescribe the scope of 'legitimate' inquiry to the confines of permissibly 'respectable' discourse. So I don't shy from the talk of paranoids, even the rough around the edges extremes, complete with 'biographical details' including 'intergenerational' familial, social, and economic connections that prove, as Rothbard's work documented, the conspiratorial complicity of bankers through the ages. But I agree with you -- it is not about one or another biographical connection such as religious or club affiliation. ( Jewishness, Masonry or 'Skull and Bones' membership, for example). It's a syndrome of an inevitably evil consequence to statism:

"[The State is not] a social institution administered in an anti-social way. It is an anti-social institution administered in the only way an anti-social institution can be administered, and by the kind of person who, in the nature of things, is best adapted to such service."

-- Albert Jay Nock
'Our Enemy, The State'

So no, the 'crazy' deep structural crackpot site I reference is not any more my home page than the Mises organization's website, which, likewise will never be mainstream. The truth is out there; it's where you find it.

Mystified ? Well yes... and wishing you en-lightened bearing. ( Thank you, BTW, for YOUR fine write up and kind words. )


Shine on. ;-)

Oh Liberte….and here I thought we could be friends,

You have mastered the art of the written word but have yet to understand the art of conversation. I will follow your lead here and break with the etiquette of conversation of first thanking someone when they compliment you before you insult them. Yes, you are in possession of superior literarily skills, which I gladly acknowledge, but my reading and comprehension skills is a battle that has long been won over a dreadful infliction upon my birth (dyslexia).

And why would I even try to do justice to a thought when Albert J. Nock does it so much better.

"It is a mark of maturity to differentiate easily and naturally between personal or social opposition and intellectual opposition. Everyone has noticed how readily children transfer their dislike of an opinion to the person who holds it, and how quick they are to take umbrage at a person who speaks in an unfamiliar mode or even with an unfamiliar accent".

This is from an “Enquiry” into other of more obscure works of Nock, Titled “Doing the Right Thing”…..Chapter: The Decline of Conversation.

I bring this to your intention so that you may be rest assured to the depth of my “Enquiries” of the topic at hand that they are more than sufficient. And just so you know writing it well does not make it correct, many a lie has been written in an eloquent speech…..The Gettysburg Address comes to minds.

So could you be any more condescending then this?

“because, I suspect, you don't know about many of the particulars that lie just beyond the snap of your judgment, unseasoned yet by Enquiry ... And still you do not seem too curious about such spicy matters that may lurk just around the four corners of snug interests in a steady diet of boxed lunch comfort food.”

I suspect ……this is your “umbrage” when someone that doesn’t match your (snooty) literarily skills has pointed out your oblivious inferior knowledge of the topic at hand, proven by your “explanation” in the next paragraph, just as Nock described what “children “ will do.

“I meant to preface my mention of the 'intergenerational conspiracy' reference I served up. I offered it as an example of saucy, sometimes enlightening, reading available to open minds unencumbered by conventional naivete which might classify all such 'theorizing' as beyond the acceptable pale of self imposed conformity to a permitted orthodoxy of polite company and proper upbringing”

Your justification was to …how did you say it “open minds unencumbered by conventional naivete”. And this site was your choice of sites to “open minds”…..to what may I ask?

Your choice of websites shows and proves your objective and your objective is not “Liberty”. I would like to inquire as to what your objective actually is?

If your objective is Liberty why not expose them to Albert J. Nock “Our Enemy; The State.
Or Murray Rothbard or even better yet why not Plato?

Yet this is where you wish to direct people to …how did you say it…… “example of saucy, sometimes enlightening, reading available to open minds unencumbered by conventional naivete”

Com'n Man.....Really.

Why not expose them to the deeper thought of what the conspiracy really is……that once we decide to congregate as a society we agreed to give up some Liberty to live in harmony until we have given too much and that which we created has become our master. I would rather give my Liberty to a benevolent dictator than the written laws of Tyrants.

As Rothbard stated : that State is and has always been the problem.

By directing people to the site you chose you are perpetuating the problem.

“people who think that the elimination of corporate influence from the public sphere will finally end the wars and graft”

Have you even looked into the people that posted that site…..Com'n man….Really



But finally you get around to saying the smartest thing you said in this post.

“But I agree with you” –

“But I agree with you it is not about one or another biographical connection such as religious or club affiliation. ( Jewishness, Masonry or 'Skull and Bones' membership, for example). It's a syndrome of an inevitably evil consequence to statism”.

My ”Enquire” has been thirty years in the making so my “judgment” is never “snap” or “unseasoned”……but I can spot the conspiracy kook crap in an instant.

And you closed with finally getting around to the “Thank you” and I appreciate that and best wishes and even a poem. Poetry is lost on someone with my infliction and I have never really understood it until I read von Mises. The man takes complex economic matter and describes them so eloquently, that I finally understood why people of literarily skills so love poetry……but poetry it still lost on me.

So we can still be friend and I look forward to the handsome writing in the future, but don’t “assume” for a minute that you are the teacher in this conversation.

Goldspam: Enquiring Minds Want To Know

The poet, Edgar Allen Poe admitted to becoming insane, with long intervals of horrible sanity. He wrote about scary and uncomfortable things, and since the short story I sought to introduce you to was all of that, and stranger than fiction, it is fitting I invoke his standard here:

"In criticism I will be bold, and as sternly, absolutely just with friend and foe. From this purpose nothing shall turn me."
-- Edgar Allan Poe

And so it is such poetic justice that moves me to return the favor of your criticism of my manners with an equally stern apology of my wing NUTS' theories which you summarily prejudge to reprove.

"The discovery of truth is prevented more effectively, not by the false appearance things present and which mislead into error, not directly by weakness of the reasoning powers, but by preconceived opinion, by prejudice."

--ARTHUR SCHOPENHAUER, Parerga and Paralipomena

You will recall this was not the first occasion we've had friendly conversation on my invitation to enquiry.


... Speaking of enquiry, perhaps you'd like to know why the protracted delay in responding to your post? Well, I admit I'm not as snappy as some. When I get my snoot into something I like to root about. Truth told, (our general objective, right?) -- distractions only partly account for the interruption to my end of the conversation. I was frustrated by two separate equipment crashes, which you may be happy, mercifully truncated substantive portions of thoughts I intended to share with you. You see, my friend, there was a lot there from your post to address, and I find it all sufficiently sumptuous to feast upon. For instance, I looked into each of the matters you asked me to examine and intend to show you the courtesy of thorough attention to your side of the conversation as it all merits consideration from my viewpoint. I will now finally address at least in part the issues you raise without the convention of customary suck up forgoing preliminary parlor patty cake.

Incidentally, my enquiring mind wonders if you've found that the sabbatical from conversation afforded occasion for you to more than just acquaint yourself with the subject of looming cataclysmic systemic time bombs carried by Wall Street bag men, about which I sought to alert. I'm confident you will find it affects more than just daytraders the day the music stops on these pathological pipers calling the tunes for elevator music background to the shaft planned by the matrix that be.


" ... that which we created has become our master. I would rather give my Liberty to a benevolent dictator ...",

is the way you confess to the conceit embraced by you (and, incidentally, the neocons) as a political ideal.

In fact, you offer Plato's model to edify and urge I spend some time matriculating on the subject under your tutelage. Let me say we can agree Plato's philosophy has lessons worthy of studious attention, but I'll tell you, from perusing the syllabus, I'd come down more in accord with the conclusions of the Framers of THIS 'Republic' who sought to set over themselves and their posterity a Constitution under which they at least hoped to retain the rule of law, and not men, by erecting a system of checks and balances through formal separation of powers. Their design, we agree was less perfect than the Articles of Confederation it replaced, but both were still a deliberate rejection of the platonic ideal of the guardians which it seems you and the neocons endorse. Plato's and your pal's benevolent dictator theme was exactly the pretension that flowed through the French revolution, and into the 20th Century totalitarian ideologies, always to disastrous consequence.[Btw. Except for the stern poetic justice of the indictment, we could agree that the coincidence of some shared theories doesn't automatically discredit all your other views nor prove you to be a card carrying neocon. ]

Plato himself predicts how that dynamic plays out:

"The people have always some champion whom they set over them and nurse into greatness...This and no other is the root from which a tyrant springs; when he first appears he ipos a protector."
-- Plato

Ah ha ... The 'root', according to Plato. In fact Plato's Republic-cans throughout history have been expressly edified to exploit this very platonic maxim which Edmund Burke eventually summed up in these words:

"The people never give up their liberties, but under some delusion."

Through the ages every benevolent dictator, schooled on Plato's methods, has made this part of their standard program:

"... a system which consciously bases its control of society on straightforward deception and treachery at the highest levels. If the Platonists only "talked" about creating external threats or merely exploiting them when they occurred, it would be worrying enough. But the evidence is mounting that they have done much much more than merely talk about them. The question is: Does the evidence yet support the widespread charges that: It's all a Conspiracy?

... given the nearly unbroken record of failure and corruption, why on earth do We The People still insist on believing that all we need are good "Leaders" ... "


But you should know this. You do a very apt job of summarizing the upshot of such Platonic philosophy in your Jekyll Island survey of history. I consulted even your original post and found the James Corbett podcast you criticize, 'The State Is Not Great', did an even better job of getting at the core of the very problem on which you and I and Rothbard agree ... But generally you 'get it':

Religion Of Statism

Here is the issue between us, however: it's the 'snug' comfort zone which keeps you from thinking outside the box of a closed, complacent world view that minimizes the role of those platonic idol/ideal-izers. The ones who wrap the box. (Beware of Greeks bearing gifts, especially those in fancy packages). Of course this is just my presumptuous opinion which I offer in a sincere spirit of friendship. I don't mean to condescend, but to ignore it would be to enable. I don't pretend to offer neatly packaged answers. Open enquiry is what I encourage.

The mind set I would challenge among any colleague who seeks to promote liberty you happen to display emblematically in this 'snug' box:

"... my “judgment” is never “snap” or “unseasoned”……but I can spot the conspiracy kook crap in an instant."

Well ... Could we at least agree there is some irony in this expression of your mind's set, perhaps consciously, though not to conscientiously? I chose the word 'snug' it seems in anticipation of your utterance. There's some undeniably serendipitous poetry in that description.

"... the mythopoietic function of the unconscious may be built into the human species ..." (and, I would submit, not just those of the breed who have been spared a reading disability).


I had more preachiness on this topic which your mind apparently finds so convoluted, but I'll eschew now that circumstances have conspired to let you off the hook twice in a row.


But I will invoke this mention of the evocative language you selected for your snark. You mock with self satisfied ridicule using the word "kook" for your reasoned analysis, to which most Ron Paul fans should be alert. In fact, that word was the sum and substance of your analysis, as it usually is for those who use the term. Here is how the very website defends itself from what can only be a mysterious out-of-body anticipation of your syllogistic critique -- "kook", you explained. This is how they sum up what they're about on the very page you reference:

"Do we really know what “unconscious mind” is and of what is it capable?
... we do not take anything as unquestionable truth. We take everything with a grain of salt, even if we consider that there is a good chance that it is truth. We are constantly analyzing this material as well as a great quantity of other material that comes to our attention from numerous fields of science and mysticism...
In a world where science and spirituality have ceased to complement each other in the search for meaning, we are still left pondering the questions: What is it to be truly human? Why is the world in the state it is? Why is there evil? Is our way of life the best one possible? What is the reality of higher worlds?"
"Is it reasonable to say that ALL [“superluminal communication”] is junk and nonsense? Well, the vast majority ... IS nonsense. Most of it is either incomprehensible mumbo jumbo, word salad, or more clever deception and disinformation, combined with high sounding words aimed at keeping people deluded and in their current miserable and oppressed state..."

And so these folks behind the website you summarily indict confess to "constructive curiosity" and share their research and musings on such, and other interesting topics which their provocative, open minds encounter. I admit to respect for such enquiry and likewise 'take it all with a grain of salt'. But to each, his own. That's just my eclectic omnivorous diet -- and the seasoning my mind prefers for it's snacks. So I pass the plate as we all might at any pot luck feast among those familiar with exchange at a Liberty round table. Packaged hors d'oeuvre on doilies are the unsatisfying dainty morsels served where political types gather.

I don't mind telling you on the occasion of any DP conversation among friends, I 'really' don't find such enquiry to be beyond reason. In fact I see the study of subjects addressing matters of the unconscious mind to be compatible with scientific method and consistent with rational thought.


Consider this example of 'kook theorem' rationalizing:


I wonder if you'll agree, minds functioning at such levels are unusual, yes, but such 'theorizing' should hardly merit snap denigration. Rather, such subjects may yet be the stuff of serious scholarship:


The language of the unconscious --poetry -- in particular is a sort of phenomenon, though more intangible, is no less real, and should be part of any hardy repast for those who seek well rounded sustenance, IMHO. It is the staff of life itself for those who aspire to live on more than bread alone. Such matter bearing on questions of epistemology, I submit are both the spice, ...


... and the meat and potatoes for non-'kookie' cutter lives; and I maintain is fitting food for thought and discussion here on DP.


I've always been a bit unconventional ( for example, I often take my salad after the meal and, realizing life is uncertain, have been known to reach for the dessert first ), and so I close on the giving of thanks [as those of us who suffer from afflictions of inverted manners might say] now with well wishes beyond conventions of mere happy talk and, exchanging true compliments before pushing back from the table, I salute you with ' bon appétit' and '¡buen provecho!'. May we each feel satisfied we are among family and friends, though we've had our disagreements. Not just strategically, I express my thanks for the exchange, and offer my genuine hope you find the investigation I endeavored to instigate at least partly fullfilling. I'm grateful for the edification this conversation has offered for my improvement. Thus, I do thank you.

PS. Can you tell what's on my open mind this week? ... Or maybe it's on your mind. That's subliminal communication ... It's poetry. Be -aware... and beware. You're open to it.
[If dyslexia sometimes interferes with reading the lines, what's disrupting you from reading between the lines? Friends don't let friends indulge predilections for counter-revolutionary conventions. ]

Happy Thanksgiving. ;-)

Good to see you back again Republicae

I have always enjoyed your posts on monetary matters. In this instance my own reading has led me to pretty much the same conclusions.

Of course there is always the possibility that we may be wrong but I have another perspective that confirms the conclusion that the present monetary and economic systems are in the final stages of removal and replacement. I also believe that those who have been responsible for the enslavement of the world populations to these systems will be brought to justice.

I have been involved personally in a period of spiritual warfare from 2005 although the particular campaigns in which I took part had been ongoing since 1993 and even prior to this there had been preparatory campaigns since the beginning of the 1980's. The account of this warfare is related in an online book by Dr. Stephen Jones who was the leader of the second stage that started in 1993. The completion of that stage took place in Babylon, New York at the time of the Feast of Tabernacles of 2006. Here is an excerpt from the chapter in the book dealing with that event:

The seventh bowl of water and wine, along with the Tabernacles conference in 2006, put the world on course for the overthrow of Mystery Babylon that now dominates the nations of the earth and keeps the people in bondage, politically and spiritually. We expected to see the beginnings of this great collapse within the following year. The collapse of economic Babylon began to surface in July 2007 with the sub-prime mortgage meltdown, which later spread to the rest of the economy.

We are now more than a year into this collapse, and it is obvious that it will take some time to complete, because it is not collapsing all at once, but in pieces. A bank failure here, a corporation bankruptcy there, and the stock markets go up and down with great volatility, depending on the news of the day. It is my hope, of course, that the transition from the Babylonian system to one based upon the laws of the Kingdom will go as smoothly as possible. I recall that the original city of Babylon fell intact and was not destroyed by the Medes and Persians. It simply got a new king (Cyrus, the “messiah” of Isaiah 45:1).

At the present time, however, the Babylonian officials are doing all they can to put out the fires and to repair the towers that are crumbling. They labor hard and long in order that they might continue to rule the earth and keep the little people as their slaves. The only true solution would be for them to cry out to God. Ultimately, to stop the divine judgment, they would have to agree to abide by the Kingdom's perfect law of liberty and set aside the Uniform Commercial Code which functions as the Babylonian Constitution and makes merchandise of all men.

Here is a link to the entire book relating events from the early 1980's:


The sequel to these events has been an ongoing spiritual warfare attended by revelations as each step of the ongoing destruction of Mystery Babylon has progressed. I believe the most important message that I have heard is that the mercy of God will be manifested by limiting the destruction caused by the fallout from this spiritual warfare. One indication of this was the halt to the march to war in Syria and more recently the advances made in diplomatic discussions with Iran. Although there will still be a war it will be confined to the Middle East and not extend into a world war.

"Jesus answered them: 'Truly, truly, I say to you, everyone who commits sin is a slave to sin. The slave does not remain in the house forever; the son remains forever. So if the Son sets you free, you will be free indeed.'" (John 8:34-36)

Republicae's picture




"We are not a nation, but a union, a confederacy of equal and sovereign States" John C. Calhoun

Republicae's picture




"We are not a nation, but a union, a confederacy of equal and sovereign States" John C. Calhoun

See if you can find the book

If you are interested in a more in depth understanding read the following by Zbigniew Brzezinski

The Grand Chessboard: American Primacy and Its Geostrategic Imperatives. 1997.

The Choice: Global Domination or Global Leadership. Basic Books. 2004.

Or -
The Oil Road: Journeys From The Caspian Sea To The City Of London 2013 and

Carbon Democracy: Political Power in the Age of Oil
by James Marriott.