QE for the People: Grillo's Populist Plan for Italy … Comedian Beppe Grillo was surprised himself when his Five Star Movement got 8.7 million votes in the Italian general election of Feb. 24-25. His movement is now the biggest single party in the chamber of deputies, says The Guardian, which makes him "a kingmaker in a hung parliament." Grillo's is the party of "no." In a candidacy based on satire, he organized an annual "V-Day Celebration," the "V" standing for vaffanculo ("f–k off"). He rejects the status quo — all the existing parties and their monopoly control of politics, jobs, and financing — and seeks a referendum on all international treaties, including NATO membership, free trade agreements and the euro. – Ellen Brown, Web of Debt
Dominant Social Theme: This Grillo character is a real radical. Power to the People!
Free-Market Analysis: This little article is about one of the biggest conspiracies of the modern age: the fiat-money hoax.
Over the past year or so the powers-that-be have apparently launched fervid campaign to discredit free-market thinking and central banking criticisms.
They have sought, as well, to discourage people from holding precious metals by claiming that only monied elites hold such metals and that when the inevitable fiat money crash occurs, gold and silver will be worthless due to further manipulations.
This contradicts most everything monetary history tells us – as do arguments that the REAL solution to the current financial difficulties of the West involve National Socialist nostrums such as turning over central banking functions to the "people" via governments.
This is a fascist solution, and that it has been so widely promoted obviously gives rise to the idea that it is a dominant social theme of the sort we regularly analyze.
While we never found a "smoking gun" regarding this promotion, it seemed obvious to us that if one turned fiat-money central banking functions over to governments alone (instead of the current joint functionality) things would get even worse, not better.
More importantly, Money Power would simply seek to control government banking, as it now controls the current private/public paradigm. Nothing would change. And, of course, that is the point of the exercise.
We tracked this meme back many years and observed numerous individuals promoting it. As we tracked it, we received tremendous pushback from those who did not want this scheme exposed. But we have persevered because it is our brief. We analyze dominant social themes and attempt to unravel their contexts from a cultural and, more importantly, investment point of view.
Now it appears that Ellen Brown, one of the foremost proponents of the "transparency in government meme" – see other article this issue – and the national socialist idea of government controlled central banking has made a definitive connection between Italy's Beppe Grillo and her own movement.
She explains Grillo's program thusly:
• unilateral default on the public debt;
• nationalization of the banks; and
• a guaranteed "citizenship" income of 1000 euros a month.
This is beyond shocking. Conservative economist Gary North had it right. Those who back controlling the money via government fiat/central banking are seriously intent on implementing the entire schematic of national socialist economics – as was contemplated before World War II.
What is the connection that we have discovered that makes it clear this evolving series of public economic suggestions is a deliberate campaign?
It has now come out that Grillo's advisors are those that revolve in the ambit of the famous billionaire socialist George Soros. Italy's Top Pol Beppe Grillo Being Groomed for Disruption by Soros?
This is indeed the proverbial smoking gun. Brown and all the others are part of a chain of events leading to this dénouement. This is how such campaigns work – gradually building to climax, incorporating more and more paid actors to set up blogs, write articles – and even books – to create plausible deniability.
The goal has always been to create an upsurge for the kind of economics that Money Power can easily control.
Is central banking coming under attack?
Fine. Swap it out with government central banking.
Meet the new boss
Same as the old boss
Politics are inevitably a dirty business; nothing is ever as it seems. With the European Union teetering on default, the idea is to impress upon people that the dissolution of the EU will bring radicals like Grillo into power.
There is nothing wrong with monetary competition. There is a lot that is wrong with deliberately creating a movement to support fully-on public central banking – which will work no better than the current version.
You don’t have to play by the rules of the corrupt politicians, manipulative media, and brainwashed peers.
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