Jackson Hole and You By Anna Von Reitz
Sunday, September 1, 2019
All I really need to tell you is that "G7" was a meeting of governments and Jackson Hole was a meeting of bankers, and you should automatically turn your attention to what went on in Jackson Hole.
We have the Brits in their usual role as Agents of Destruction.
We have the Americans in their usual role as Savior Fall Guys.
At least the Brits have admitted the logical necessity of vastly expanding their already completely insupportable credit bubble in order to keep afloat.
I am reminded of a famous British Naval History saga in which a British ship in a Dutch port laden with a load of manure labeled "Ship High In Transport" was in danger of both sinking and exploding at once.
The danger of sinking was caused by numerous leaks in the planking of the hull and the inability of the bilge pumps to keep up.
The danger of exploding was caused by the increase of methane gas that is released in greater quantities when the manure gets wet.
So here we are at the bilge pumps, both parents working three jobs and at least 60 hours per week trying to keep the family in a house with a roof and food on the table..... and there are the bankers adding to the problem they created and suggesting that more of what caused the problem is what is needed to solve it.
Just let us exponentially increase our debt bubble and keep insuring ourselves with your assets, at your expense, and all will be well.
We'll just float a cashless currency on nothing at all, think up some new Big Words to dazzle the bystanders, and continue to claim that a "dollar" of hot air is equivalent to a "dollar" of silver or a "dollar" of gold or a "dollar" of oil.... and no matter how many "hot air dollars" we issue, we maintain Value Parity.
Here, specifically, is what the Bank of England Governor Mark Carney proposed at Jackson Hole ---- adoption of a "Synthetic Hegemonic Currency" which would be a "virtual currency" ---- that is, nothing but digits on a computer screen, a virtual currency in a virtual reality --- to replace the "US" Dollar, and of course, this completely baseless currency is to be issued "without constraint" by the Central Bankers.
To continue reading, please go to the original article at
http://www.paulstramer.net/2019/09/jackson-hole-and-you.html
TNT:
Tishwash: International Trade Centre: Iraq is qualified to become a regional hub for trade and investment.
The Executive Director of the International Trade Centre, Pamela Cooke Hamilton, confirmed that the Iraqi government is committed to accelerating the procedures for joining the World Trade Organization, expressing her hope that the membership requirements will be completed by 2028. While revealing a proposal to prepare a national strategy for trade and investment, she stressed that Iraq is qualified to become a regional center for trade and investment.
Hamilton said during her appearance on the “Economic Dinar” program on Al-Iraqiya News Channel, which was followed by the Iraqi News Agency: