the untold story of Keynes and White at the Bretton Woods conference

[NicosMind]

Ive always thought Keynes was a charlatan. The way he wrote his book was unnecessarly overly complicated. He writes in a style that reminds me of Hubbard($cientology founder) loaded language and confusion techniques. He writes in ambiguous over complicated ways and then tells the reader what he just "accomplished".

Is there more to this interview? It is awesome, plus id like to buy this book that the guy is talking about :).

[tepstolog]

Only the FDR Glass-Steagall principle will separate commercial from speculative banking, thus freeing the nation from obligations to Wall St. and the City of London, and re-establishing a credit system for rebuilding the nation.

H.R. 1489, Return to Prudent Banking Act of 2011, is before the House of Representatives, which aims to revive the separation between commercial banking and the securities business, in the manner provided in the Banking Act of 1933, the so called 'Glass-Steagall Act

[Zamolxx]

The Bretton Woods system was a sound system, when it was sabotaged and collapsed in 1971, the Inter Alpha banking group took birth, this group has now been bailed out a thousand times, their assets are fictitious, they're full of derivatives!

[TheFreedomStyler]

IMO, White and Keynes both played instrumental parts in the planning for the economic destruction of our country. Too bad for them that they didn't plan on the people of the world waking up to their shenanigans thanks to the internet. :) Socialism isn't being promoted by the so-called elites of our world as a way to help people but rather as a system of complete technocratic control.

[Zamolxx]

Enforced elitocracies aren't neccessarily technocratic if the financial elites were competent, we wouldn't have a crisis of the world's financial and monetary system. War isn't good for REAL PRODUCTIVE business.

[TheFreedomStyler]

"Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million can diagnose."

- John Maynard Keynes, The Economic Consequences of the Peace, 1920, P. 235

[chaseef]

this sounds like a great book

[feegeit]

great vid

[hatch381]

Good post Marc, Thanks.

The IMF is now the world central bank. Google IMF(dot)org and look around the website.

The new world reserve currency is SDRs. If you go to the IMF website and search SDR factsheet, you can read about SDRs.

[edro2383]

No surprise here. White and Keynes crypto-Bolsheviks? Nah, couldn't be...  The only good thing about Keynes I can say is that he knew the Versailles Treaty was shit and fucked over Weimar Germany.

[TheFreedomStyler]

@edro2383 - Keynes was a Fabian Socialist. Their motto is 'Pray Devoutly, Hammer Stoutly!' which speaks in regards to the process of gradually Socializing the world. Their mascot is a turtle and their crest includes a wolf in sheeps clothing. Dubya's buddy Tony Blair is a member. Google (or Scroogle) "Fabian Window"

[artdeco101010]

great history here...

[MustacheVerra]

Cool video, Marc. Pretty amazing information in there.

Cheers.