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IPFS News Link • Federal Reserve

Good morning, worker drones: This Week In Mayhem

• Zero Hedge

In particular for the situation in the United States, these schemes have enabled the US to deficit spend under fiat conditions and EXPORT price inflation to foreign creditor nations , since the official demonetization of gold in 1971. This has been possible due to the status of the US dollar as world reserve currency , and the implicit pricing of strategic commodities such as Oil in US Dollars. Thus, the unusual alliance between the United States and the human-rights paradises / petrostates such as Saudi Arabia. This has all been detailed in my article Gold and Systemic Crisis, which I recommend reading, as it directly connects with these recently declassified documents regarding gold manipulation. The Oil-Gold-Dollar connection is critical to understand how the scam functions. 

 The purpose then, in terms of gold price suppression in favor of the USDollar/Tbond complex, is to maintain a system in which the concentration of wealth flows upwards towards US-UK global elites which helps perpetuate their entrenched political control. Functionally, this governing structure best resembles 'oligopoly' -- that is an oligarchy with a monopoly. Indeed this is precisely what we have seen, as wealth inequalities between the top 1% of society and the rest of humanity reach levels never before seen in the United States.


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