March 18, 2012 in Finance
A few days ago, I discovered a booklet that explained fractional reserve banking so that I could understand it. Through studying this information, I now see that fractional reserve banking allows bankers to create money out of thin air. This disrupts the traditional paradigm of wealth, value, and labor.
Since it worked for so many years, bankers and financial managers developed similar games to do the same thing. These include stocks, bonds, mutual funds, and other paper investments such as derivatives.
They have discovered that when enough of them work together to manipulate the market, they can cause the market to go up, they can cause it to go down, and they can make inordinate amounts of money.
The results are staggering. The well-documented article linked here describes what has happened in the past. It appears that has been common practice for years.
This practice could be coming to a close.
Those in the industry had to know it was just a matter of time until the general population figured out we have been scammed by the financial manipulation. They had to know they were working against the natural laws that govern wealth, value, and labor by not exchanging value for value. Therefore, they pocketed as much money as they could while they could.
Now, they are leaving in record numbers.
The acceleration in the number of resignations over the past three quarters from two thousand to seven thousand to sixteen thousand in this unfinished quarter indicates they know something is about to change.
I’m sure some are leaving because they can no longer participate in this greedy game. As I said yesterday, mainstream media wants us to believe this is the case with everyone.
I’m not buying that.
I suspect some are leaving because they are afraid of what the general public will do as more of us become aware of the rules of their game. The Occupy Movement is using the warmer weather to press its message and their numbers appear to be growing.
I suspect others are leaving because they know they can’t manipulate the new system. They see the new financial system based on gold and commodities and they are stepping aside to let it arrive. Maybe they are doing this voluntarily. Maybe they are being forced to leave. Maybe it is a combination of the two.
Yes, we are approaching significant change in the financial industry. The signs indicate the Ponzi scheme of fractional reserve banking is collapsing.
Are there any indicators other than the resignations?
Yes, there are.
In fact, I’ve seen some during the weekend. I don’t have enough confirmation to write about them yet. However, if what I am hearing from industry insiders is any indication, things are about to get really interesting.
I’ll keep you posted.
If you have any information to add or have thoughts about this article, feel free to leave your comments below.