Socio-Economics History Blog

Socio-Economics & History Commentary

Central Banking System is Head of the Snake

  • maneco64 Streamed live on Jan 13, 2019
    This is a weekend live stream in which I cover the current monetary and political system we are under and how unless we get rid of the current funny money system very little will change not only in the USA but elsewhere around the world.

Click on image for article.


January 15, 2019 Posted by | Economics, GeoPolitics | , , , , , , , , | Leave a comment

Catherine Austin Fitts: Federal Government Running Secret Open Bailout. Secret Money for Private Armies

  • Catherine Austin Fitts: Federal Government Running Secret Open Bailout. Secret Money for Private Armies
    by Greg Hunter’s (Early Sunday Release)
    Investment advisor and former Assistant Secretary of Housing Catherine Austin Fitts says it looks like a “global recession is coming.” Is that going to cause the debt reset we’ve been hearing about for years? Fitts says, “Make no mistake about it, there is no reason for the federal government to default or monkey with any debt because they can literally print the currency. The question is how do they make sure whatever they are printing really holds any kind of store of value. I think the reason you are seeing them reengineer the federal bureaucracy and financial transactions infrastructure is because they want much greater and tighter control to do whatever they do, and that includes to continue to debase the currency. They could do this (reset) entirely by debasing the currency. . . . What we are watching . . . is essentially a coup. We had a financial coup, and now we are watching a legal coup to consolidate that financial coup. I would keep my eye on the fundamental governance structure of the U.S. The important thing is not what they do. The important thing is who controls no matter what they do. Now, we have created a mechanism for them to control entirely in secret and create policies entirely in secret, including around the back of a U.S. President. . . . It’s pirating by the ‘just do it’ method. I said to someone the other day, what is it about secret money for secret private armies that you don ‘t understand?”

    $21 trillion in “missing money” at the DOD and HUD that was discovered by Dr. Mark Skidmore and Catherine Austin Fitts in 2017 has now become a national security issue. The federal government is not talking or answering questions, even though the DOD recently failed its first ever audit. Fitts says, “This is basically an open running bailout. Under this structure, you can transfer assets out of the federal government into private ownership, and nobody will know and nobody can stop it. There is no oversight whatsoever. You can’t even know who is doing it. I’m telling you they just took the United States government, they just changed the governance model by accounting policy to a fascist government. If you are an investor, you don’t know who owns those assets, and there is no evidence that you do. . . . If the law says you have to produce audited financial statements and you refuse to do so for 20 years, and then when somebody calls you on it, you proceed to change the accounting laws that say you can now run secret books for all the agencies and over 100 related entities.”

    In closing, Fitts says, “We cannot sit around and passively depend on a guy we elected President. The President cannot fix this. We need to fix this. . . . This is Main Street versus Wall Street. This is honest books versus dirty books. If you want the United States in 10 years to resemble anything what it looked like 20 years ago, you are going to have to do it, and there is no one else who can do it. You have to first get the intelligence to know what is happening.”


January 14, 2019 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , | 3 Comments

FedRes Admits QE Created Asset Bubbles and Gives Money To the Rich!

Click on image for article.

Click on image for pdf E-book.

January 14, 2019 Posted by | Economics | , , , , , , | Leave a comment

John Rubino: Time Is Ticking — Expect Huge Dollar Down Move Around The Corner!

January 14, 2019 Posted by | Economics | , , , , , , , , , , , , | Leave a comment

Gold Is The Key, Patriots Have The FedRes Scrambling

  • X22Report Published on Jan 11, 2019
    Earning season does not look good, companies are not doing as we were told. The economic illusion the [CB] created is now falling apart, it will be showing up in the people’s sector and not the stock market, not the statistical numbers. Trump and team will be moving quickly to prepare the country for the transition. Certain Fed officials are trying to control the narrative but Powell continues with with plan. Russia is continuing to de-dollarize and says gold will be very important moving forward.


January 12, 2019 Posted by | Economics, GeoPolitics | , , , , , , , , , , | Leave a comment

5 Doom Loops of a Crisis What You Need to Know

  • ITM Trading Published on Jan 11, 2019
    Links to slides and sources:…
    When we talk about patterns, no discussion would be complete without examining the pattern of a “Doom Loop”. In fact, there are five key “Doom Loops” seen during financial crisis’s: The Intermediary, Sovereign, Collateral, Hedging and ultimately, the Real Economy Doom Loop. In any Ponzi scheme, confidence is key. What governments, central banks and Wall Street are really afraid of is that public loss of confidence in the financial system. Without that they won’t shop or hold their wealth in Wall Street contracts. They won’t believe in the “stimulus” provided by governments and central bankers. They might even buy physical gold and silver! If that happened, how would wealth be voluntarily transferred? So you can see the patterns in doom loops, but there are also clear patterns in real money gold and silver. This lies in our future, though the time to get into position is now.


January 12, 2019 Posted by | Economics | , , , , , , , , , , , , , , | Leave a comment

Former US Rep. Ron Paul: The FedRes is Too Powerful

  • The western Illuminati must bring down the economy to destroy Trump’s 2020 POTUS election plan. As it stands now, Trump will win with a landslide.
  • CNBC Television Published on Jan 8, 2019
    Former U.S. Congressman Dr. Ron Paul joins “Squawk Box” to give his take on the Fed’s role in potentially bringing about a recession.

Click on image for article.


January 12, 2019 Posted by | Economics, GeoPolitics | , , , , , , , , | Leave a comment

HARD LANDING AHEAD: Are Credit Air Bags Ready?

  • ITM Trading Published on Jan 9, 2019
    Link to slides and sources:…
    For the first time since 2008, no junk bonds were issued in December 2018. “This is clearly more than year-end jitters,” said Guy LeBas, a strategist at Janney Montgomery Scott. “What we’re seeing now is pretty typical for end-of-credit-cycle behavior.” Voila, they too are calling the pattern shift that indicates the end is close. What about governments and central banks? They have their own problems; Trade Wars, Government Shutdowns, Bexit, Italy, bloated balance sheets and massive deficits with trillions in new government debt required. Who do you think will come first?


January 11, 2019 Posted by | Economics | , , , , , , , , , , , , , , , | Leave a comment

The Financial Reset Will Remove The Old Guard & Give Birth To A New Power Structure: Lior Gantz

January 9, 2019 Posted by | Economics | , , , , , , , , , , , | Leave a comment

Structure Change Is Coming, Phase I Begins

  • X22Report Published on Jan 7, 2019
    The people economy is declining very rapidly right now, the MSM is pushing their agenda calling for a recession during the elections. Trump and the patriots already know the plan, they have planned for this. There is a great restructuring coming to the central banks and to the world, phase I has just begun, the President of the World Bank has stepped down and Trump can replace this individual with someone else.


January 8, 2019 Posted by | Economics, GeoPolitics | , , , , , , , , , | Leave a comment

Trump Is A Pied Piper For The New World Order Agenda?

Trump has already honored Jackson by hanging his portrait in the Oval Office just days after moving into the White House. But Trump and those around him have invoked the example of the man who served as president between 1829 and 1837 since before he even moved into the house Jackson once called home. Source: Newsweek

  • I do not agree that Trump is part of the New World Order. However, the Illuminist philosophy is always to control all sides in a conflict. So, we need to keep an open mind. Trump is definitely being manipulated by the Illuminist MIC, some call the ‘White Hats’ who are USA centric. There appears to be a deep split in the western Illuminati. The Old Black (as in EVIL) Nobility of Europe preferring a United Nations 2.0 centric NWO World Government and the younger upstarts USA centric Illuminists preferring a USA centred world. Trump is riding a ‘Tiger’ which will ‘Bite’ him when his usefulness is over.
  • Trump Is A Pied Piper For The New World Order Agenda
    by Brandon Smith,
    In my last article, ‘The Fed Is A Suicide Bomber With A Deeper Agenda’, I explored and dismantled recent propaganda surrounding the Federal Reserve’s tightening actions, including the propaganda that Jerome Powell is some kind of rogue central banker who is rebalancing the system for the good of the nation.  To summarize the points made in that article:

    The Fed deliberately created the “Everything Bubble” so that it could be deliberately imploded at the proper time – in other words, the crash we have been witnessing so far during the final quarter of 2018 and continuing into 2019 is a controlled demolition of the economy.  Jerome Powell is not some “rebel” going against the easy money dictates of the Fed.  Jerome Powell is playing the role that has been given to him.  Ben Bernanke and Janet Yellen’s job was to inflate the bubble.  Jerome Powell’s job is to crash the bubble.

    This is a tactic used by the Fed and the globalists that run it for over 100 years – conjure a debt bubble, deflate the debt bubble, cause a crisis, siphon up hard assets for pennies on the dollar, use the panic to gain more power and centralization, introduce new control measures while everyone is distracted, rinse, repeat.

    This process of controlled demolition needs a considerable distraction so that the central banks and the globalists ultimately avoid blame for the painful consequences of the event.  Enter Donald Trump and the false Trump vs. Globalist paradigm.  As I mentioned last week, the Fed is only one side of the equation for the crash; Trump is the other side.

    read more.


January 7, 2019 Posted by | GeoPolitics | , , , , , , , , , , , | Leave a comment

Monetary Policy ‘Reset’: From Rhetoric to Actuality

9 Jan 1988 cover, The Economist: Get Ready for a World Currency by 2018! The Rise of the Phoenix world currency from the ashes of national fiat currencies ie. destruction of fiat currencies via hyperinflation. “Phoenix” is of course an occult metaphor. Out of the destruction, the ashes of the old world order, the Luciferian New World Order will rise like a Phoenix!

  • The SDR will be backed by gold, IMO. The Global Financial/Currency Reset is a planned event. It is coming soon but appears to be running late. Emphasis mine:
  • Monetary Policy ‘Reset’: From Rhetoric to Actuality
    by Steven Guinness,
    A resurgence in nationalistic tendencies has been predominately associated with the advents of Brexit and Donald Trump’s presidency. But have these outcomes meant that we now neglect to give due consideration to the years that preceded the supposed breakdown of the ‘rules based global order‘?
    In 2014, Lagarde returned to Davos to speak to delegates about something she called ‘reset‘. Keep in mind at this point that the world was still over two years away from Brexit and Trump’s ascension to power. There had yet to be any discernible rise in what is today characterised throughout the media as ‘populism‘.

    Sharing a platform with Bank of England governor Mark Carney and European Central Bank President Mario Draghi, Lagarde explained what this reset would entail in regards to monetary policy.

    A further two facets to the ‘reset‘ would be the reform of the financial sector and regulatory environment via Basel III (which runs through the Bank for International Settlements), and structural reforms of global economies that would encompass product markets, service markets and emerging markets.

    In an interview with Bloomberg during the 2014 World Economic Forum, Lagarde expanded on her definition of a ‘reset. Her message was clear: without cooperation between nations, the reset would most likely be fraught with instability and market turbulence. Governments would have to implement ‘growth friendly measures‘ in order to secure ‘jobs rich growth‘.

    Nearly five years after Christine Lagarde first spoke of the need for a ‘reset‘ of global monetary policy, three of the most influential central banks in the world are all engaged in the practice, albeit at varying speeds.

    The ‘reset‘ of monetary policy works primarily as a vehicle for the International Monetary Fund and the Bank for International Settlements to position themselves as the beneficiaries of the inevitable economic downturn that will ensue.

    As I will be exploring in an upcoming series of articles, the IMF are agitating to reform their quota subscriptions (the institution’s prime source of funding) and in turn the weighting of their Special Drawing Rights (SDR) basket of currencies.

    Conditions in the global economy – namely rising trade protectionism that pits the United States and China into economic conflict – has put the world reserve status of the dollar in increased jeopardy. For the IMF to achieve their goals, the dominance of the dollar as the payment of choice throughout global trade must not only be jeopardized. It must ultimately be dismantled, so as to gradually move the world nearer to the globalist utopia of assimilating national currencies through the SDR with the aim of creating a digitised global currency.

    read more.


January 5, 2019 Posted by | Economics | , , , | Leave a comment

It Has Begun, The Push Is On, Timing Is Everything

  • X22Report Published on Jan 4, 2019
    Job numbers are incredible, remember Trump is using the DS, CB manipulation and playing their game. Trump’s economic advisor says there is no recession headed our way, who else says this, the Fed. Using their playbook to show the economy is doing great and the D’s and the CB will bring down the economy. Auto sales decline. Rep Thomas Massie introduces the Fed Transparency bill, this will sit in the house until it is needed. Trump blames the D’s for when the economy enters a recession.


January 5, 2019 Posted by | Economics, GeoPolitics | , , , , , , , , , , | Leave a comment

REALIST NEWS: H. R. 5404 Gold Backed Dollar Bill to be Passed Soon?

  • H.R.5404 – To define the dollar as a fixed weight of gold.
    Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

    Congress finds the following:
    (1) The United States dollar has lost 30 percent of its purchasing power since 2000, and 96 percent of its purchasing power since the end of the gold standard in 1913.
    (2) Under the Federal Reserve’s 2 percent inflation objective, the dollar loses half of its purchasing power every generation, or 35 years.
    (3) American families need long-term price stability to meet their household spending needs, save money, and plan for retirement.
    (4) The Federal Reserve policy of long-term inflation has made American manufacturing uncompetitive, raising the cost of United States manufactured goods by more than 40 percent since 2000, compared to less than 20 percent in Germany and France.
    (5) Between 2000 and 2010, United States manufacturing employment shrunk by one-third after holding steady for 30 years at nearly 20,000,000 jobs.
    (6) The American economy needs a stable dollar, fixed exchange rates, and money supply controlled by the market not the government.
    (7) The gold standard puts control of the money supply with the market instead of the Federal Reserve.
    (8) The gold standard means legal tender defined by and convertible into a certain quantity of gold.
    (9) Under the gold standard through 1913 the United States economy grew at an annual average of four percent, one-third larger than the growth rate since then and twice the level since 2000.
    (10) The international gold exchange standard from 1914 to 1971 did not provide for a United States dollar convertible into gold, and therefore helped cause the Great Depression and stagflation.
    (11) The Federal Reserve’s trickle down policy of expanding the money supply with no demand for it has enriched the owners of financial assets but endangered the jobs, wages, and savings of blue collar workers.
    (12) Restoring American middle-class prosperity requires change in monetary policy authorized to Congress in Article I, Section 8, Clause 5 of the Constitution.

    Effective 30 months after the date of enactment of this Act—
    (1) the Secretary of the Treasury (in this Act referred to as the “Secretary”) shall define the dollar in terms of a fixed weight of gold, based on that day’s closing market price of gold; and
    (2) Federal Reserve Banks shall make Federal Reserve notes exchangeable with gold at the statutory gold definition of the dollar.

    read more.


January 5, 2019 Posted by | Economics | , , , | 1 Comment

ETF, Gold as Collateral, Treasuries… Q&A with Lynette Zang

  • ITM Trading Streamed live 5 hours ago
    Link to the Slides and Sources:…
    1. Steve P: After the reset, instead of converting your metal, wouldn’t it be better if we used our silver and gold as collateral and borrowed fiat against it?
    2. Eric E: what can you say about when the 10-year Treasury Yield crosses below the Federal Funds rate which we seem to be nearing and has occurred prior to most recent recessions.
    3. Rich: why is the fed balance sheet important. If it is expanding, that means they have more bonds. Let them expire and get the cash. Nobody wants them so how can you reduce balance sheet?
    4. Robert K: There is currently a bill in the U.S. House (H.R. 5404) that proposes defining the dollar as having a fixed weight in gold. Do you think it can pass?
    5. Brendan F: Are ETFs that short the S&P just as risky as any other ETFs in a market downturn or market shutdown?


January 4, 2019 Posted by | Economics | , , , , , , , , , , , | Leave a comment