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April 26, 2018 | CentralBankism replaces Capitalism!

Donald B. Swenson: Born January 24, 1943, Roseau, Minnesota. Graduated H.S. 1961, Moorhead High, Minnesota. Graduated College 1968, Moorhead State University, Minnesota. Designated member of Appraisal Institute (MAI), 1974. Employed with Western Life Insurance Company, 1968 – 71; Iowa Securities Company, 1971 – 73; American Appraisal Company, 1974 – 81. Part-time teacher/valuation consultant/bartender, 1979 – 2008 (taught workshops at Waukesha County Technical Institute, Wi. and Madison Area Technical College, Wi.). Retired 2008 (part time teacher/blogger), AZ. Self educated economist/philosopher/theologian: http://kingdomecon.wordpress.com.

The New York Fed is one of the key Central Banks which trade our electronic markets!  https://en.wikipedia.org/wiki/Federal_Reserve_System

Listen to this lady to get a feel for what the New York Fed does to influence our electronic trading markets. I am sure that this is just a sample of what goes on. Does this sound like free market Capitalism?    https://youtu.be/D4g_p6Nq_mk

 

Since the financial crisis of 2008 there have been monumental changes to how our financial system operates. In today’s missive I will outline a few of these monumental changes. Currently, our financial markets have expanded for some 108 months with no real correction. A correction, to me, is 20% or more. Expanding markets for over 9 years is nearing a record. Central Banks have monitored and controlled this expansion with their own trading strategies for over 108 months and the trend continues!

 

So far, this new system, where Central Banks trade our markets to manipulate, control, and elevate our markets, has worked. There has been no major crash or correction and general sentiment from the public is at a record high. Confidence has grown for investors, traders, and consumers since 2008. My sense is that our Central Banks which now can trade our markets (in a coordinated fashion) have created this temporary stability and consistency so that no major crash has occurred. I see this new system as purposeful and designed for the entire planet.

 

What are the key changes in our markets since 2008 which allow these events to happen? Let’s explore the core changes which allow traders (and our Central Banks) to keep these markets from correcting in any meaningful manner:

  1. The biggest change in our markets is our money units. We now can trade mere digits in the computer screen to effect prices, interest rates, and trends. Central Banks have the ability to create unlimited digits for their own accounts and for influencing the accounts of their primary dealers (and also select corporations). This is a huge change which was much more limited prior to digital money and digital money creation.
  2. The elimination of the Open Outcry trading system is another huge change in our markets. The Open Outcry system was slow and cumbersome compared to our current electronic trading system. Eliminating this Open Outcry system and creating electronic trading for everyone has allowed our new technologies to emerge. Nearly all trading is now electronic. What are these new technologies?
  3. High Frequency Trading using robots and algorithms are a key change which allows electronic markets to be controlled and manipulated by our Central Banks. If the general market wants to decline, our Central Banks (with their trading strategies) can change this trend with the push of a computer key. Our New York Fed is probably the biggest trading entity which affects prices, interest rates, and trends. Some 500 traders, in New York, operate daily to trade all our markets.
  4. Central Banks in China, Europe, USA, Africa, Latin America, Australia, India, and other locations, can work in a coordinated fashion (via our internet) to monitor, manipulate, trade, and influence all global electronic markets. Since all is now electronic (we have some 65 major electronic exchanges globally) all these electronic markets can be traded by our Central Banks. All this has emerged mostly since 2008. CentralBankism is now ubiquitous and I would suggest that it has replaced Capitalism. Central decision-making is now the mantra for all markets.
  5. Capitalism operated mostly via private trading and private decision-making. A limited supply of money units were provided to the markets. Today, our Central Banks can over-ride the decisions of private traders/investors with the click of a computer key. Trading digits can be created artificially and in unlimited amounts. A simple example is our electronic Dow Index market. This electronic Index can be pumped up or down by trading select stocks (there are only 30 stocks in total). Central Banks can do this today (in real-time) without anyone being aware of their trading activity. This is a huge change from prior to 2008.
  6. Another change since 2008 which is huge is this tool call the algorithm. Today, trading is mostly via algorithms. When I buy a stock, an algorithm executes my trade. The counter-party to this trade is another algorithm. All is done at the speed of light (instantaneously). No exchange of stock certificates occurs during the trade transaction. Mere symbols get traded for the buy transactions and/or the sell transaction. It’s done at the speed of light and algorithms do the work. This is a huge change since 2008 and Central Banks now trade our markets using these algorithms, robots, and HFT strategies.
  7. All our markets are now transitioning to electronic/cashless markets. Money consists of digits in the computer screen. Digits are controlled by our Central Banks. Digits in cyberspace are the new trading system for all global markets today. This new system allows our Central authorities to control, monitor, manipulate, change, and influence what happens. This is done daily and in real-time via high-speed computers. Today, for example, the price of silver and gold wants to go up, but it goes down. Why? It happens (by traders operating behind closed doors) so as to advance this cashless/digital global financial system for the entire planet. Silver and gold (and all paper notes) must be eliminated if a digital/cashless world is to emerge.

 

Select central authorities now rule over all our global markets. Capitalism as we have known it is over. The new concept should be called CentralBankism. We now live in a world where central authorities monitor, control, manipulate, and influence all markets. This is all done electronically and with the push of computer keys. Our markets are now electronic, cyber, inner, metaphysical, and they operate at the speed of light. What a huge change since prior to 2008. Where is all this leading going forward? Is there a purpose for all this CentralBankism?

 

All this is leading to the Mark of the Beast financial system IMO. This electronic/cyber system is emerging at the speed of light. A cashless world is now the aim of our central authorities and the general ‘name’ for this new world is called Agenda 2030. This agenda (see the agenda at the U.N. website) was passed in 2015 and became official on January 1, 2016. After nearly 2.5 years in operation, the new system/agenda is emerging right on schedule. Digits for money. Cashless transactions. Coordinated management of the system by select Central Banks. Unlimited money creation. All this makes for a new world for traders, investors, and consumers.

 

Capitalism is now over, folks. CentralBankism should be viewed as the NEW MODEL for the time being. Everyone now looks to our key Central Bankers for their survival economically. America’s Federal Reserve System is at the core of this new system. The European Central Bank is next. The Peoples Bank of China follows. Then the Central Bank of Japan and the Central Bank of England. Finally, the Central Bank for International Settlements in Basel, Switzerland (the BIS) is the coordinator for the entire planet. It’s all done electronically. Cyberspace is the medium. Digits are the money units.

 

The coming Mark of the Beast financial system is right on schedule. It’s prophesied to occur so it will occur. Forget the historical units of money such as silver and gold. Forget all paper notes. Think in terms of cyber digits which get typed into a computer screen. Money, today, is inner and consists of cyber digits. All historical paper, silver, gold is being eliminated from our world markets. It’s all happening at the speed of light. CentralBankism is the NEW MODEL for the immediate future. WAKE UP to reality, folks. Our markets are now inner and the key word going forward is CENTRALBANKISM.

 

Some additional info for understanding today’s markets:

 

I am:  https://kingdomecon.wordpress.com.

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April 26th, 2018

Posted In: Kingdom Economics

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