The Great Commodities Heist
It is all so very simple when we view “the big picture”. Bankrupt and near-bankrupt Western governments are stealing billions of dollars worth of various commodities from commodity-producers around the world. The evidence goes well beyond merely suggestive – into the realm of absolutely conclusive.
What makes this scenario so unequivocal is that we have the equivalent of “signed confessions” of the crimes these governments are committing. Exhibit “A” is the monetary policy titled with the vile euphemism “competitive devaluation”. It is the deliberate attempt by governments to destroy the value of their currencies – as fast as possible (i.e. “competitively”).
Destroying the value of our currencies as rapidly as possible means exactly the same thing as raising prices as fast as possible. Which brings us to global commodity markets. If our governments (primarily Western governments) are deliberately trying to raise prices as fast as possible with their excessive money-printing, how can commodities prices have tumbled so far?
Arithmetic tells us there is only one possible answer. Global commodity markets have been fraudulently manipulated lower through the use of the primarily “paper” futures markets. Given the scope and magnitude of this commodities take-down, it can only be the result of coordinated actions by many governments and (of course) the multinational bankers who pull their strings.
The “prime suspects” are all of the Western deadbeat-debtors (who are nearly all large importers of commodities) and any/all major commodity importers – with Japan and now China being the obvious culprits. The arithmetic here is absolute: as long as our governments engage in competitive devaluation all prices of everything can only go higher.
There is but one exception to this simple equation: any good and/or service for which there is excessive supply. The obvious example here is the U.S. housing market. With the most grossly over-supplied housing market in human history (and in addition a market saturated with fraud), the downward price-pressure caused by this massive housing glut currently exceeds the upward inflationary pressures of competitive devaluation.
The situation in commodity markets is also unequivocal: stockpiles of virtually all commodities are either at historical averages, below historical averages, or already at critical levels. In other words, in terms of economic fundamentals there is no downward pressure on prices – only (additional) upward pressure. There can be no rational/economic explanation for the severe plunges in commodity prices other than the fraudulent manipulation of markets.
Sadly, fraud has become a way of life for Western governments since they were first seduced and then enslaved by the multinational bankers. “Competitive devaluation” itself is nothing but a massive sham, with absolutely no economic validity whatsoever.
To begin with, there has never been a period in history where the global economy (as a whole) has been able to “stimulate” itself with “rising exports”. However, this is the stated and only goal of competitive devaluation. The reason it is a complete fraud is because again as a matter of arithmetic trade is a “zero sum” game. For every “trade surplus” there must be a corresponding “trade deficit”.
Furthermore (also as a matter of simple arithmetic), you can never create an economic advantage in trade simply by devaluing your own currency. Mathematically, the gain in exports can never equal the collective reduction in our standards of living which is the obvious consequence of driving-up prices. Making everyone substantially poorer so that a small portion of the economy can be “stimulated” is just more economic suicide.
