Crony Communism: Hillary Clinton’s Game Plan For America
By: Stewart Dougherty
GoldSeek.com
Monday, 17 October 2016
“The goal of socialism is communism.” Vladimir Lenin
Inferential Analytics (IA), the forecasting method we have created and use, has generated a new theme. IA themes define significant macro developments that are in progress. IA themes almost always become full-blown realities in time. This is our first article about the new theme, which is particularly threatening and disturbing.
If this theme develops as the IA model projects, the resulting new reality will have a profound effect on every United States citizen living either within or outside the country. (U.S. citizens are taxed no matter where in the world they reside.) While the entire American experience will be re-shaped by this new reality, citizens’ financial freedom, and therefore their overall liberty is particularly at risk. This theme extends beyond the United States, especially to Europe, but in this article we will focus on the U.S. situation.
Before introducing and detailing the new theme, here is some context.
Until now, the United States has been able to fund its massive, structural deficits and debts by leveraging its unique position as issuer of the world’s reserve currency, the dollar, frequently referred to as the petrodollar. The dollar’s reserve privilege has enabled the nation to artificially enhance America’s financial quality of life by creating out of nothing colossal quantities of the currency. By perpetuating a system that forces other nations to use the dollar, strong, unnatural demand has kept the currency from imploding in value despite its hyper-creation.
Among other things, this currency privilege has hidden rapidly escalating corruption within the American financial and economic system. The costs of this corruption have been funded by chronic deficits and surging debt; in other words, by excess currency creation, or money printing. If the costs of this corruption had, instead, been forced to be paid from the existing, and not an inflated money stock, the economy would have collapsed by now from the leeching of the lifeblood of any truly capitalistic system: namely, capital.
As the techniques of monetary debasement, deceit and plunder have become more sophisticated, reckless and brazen, the looting of the American economy has expanded to an epic degree. For example, we now know for a fact that the United States Army alone (not the military, just the Army), cannot account for $6,500,000,000,000.00 ($6.5 trillion) of the money it has spent. Despite the astronomical amount of this missing money, it is a drop in the bucket compared to the total number of trillions that have been plundered from the nation by establishment corruption.
In the mid-1990s, when the escalating corruption within the Wall Street-centered global monetary and financial system had become so obvious that the Establishment eleech (our term for the “elite,” a word we no longer use because it does not describe their now totally parasitic nature) could no longer deny it with a straight face, a new term to describe the system was concocted: Crony Capitalism.
The Rest…HERE
