By Bill Bonner
Campfire Tale
Caesar: The Ides of March are come.
Soothsayer: Ay, Caesar, but not gone.
— Julius Caesar, Shakespeare
GRANADA, NICARAGUA – Today, we stop the horses and circle the wagons. For 19 years, we have been rolling along, exploring, discovering. We began with the assumption that we didn’t “know” anything – so we kept our eyes open. Now we know even less.
Famous people who knew nothing and were not shy to admit it: Sergeant Schultz (left), Socrates (right)…
But we’ve covered a lot of ground. So, let’s take a brief pause to get our bearings and to sit in front of the campfire and tell our tales. New readers of the Diary are invited to pull up a log. You need to know what we’ve seen so far. It will help make sense of what you read tomorrow and in the future. And, yes, this is going to take a little longer than a normal Diary.
We’ve been exploring a wilderness unknown to most humans – a money world that is very different from the way it is supposed to be. In the press lately are reports of “fake news.” Well, guess what? The money system is fake, too.
If you are an investor, or preparing to retire, or just someone who is interested in how the world works, listen up. Because it doesn’t work the way they tell you in the civics books, Economics 101 or in the mainstream press. It is much more complex, corrupt, and dangerous.
Pareto’s “Foxes”
But let’s start with the government, which controls – directly or indirectly – about half the U.S. economy. It was not intended to be so big, so powerful, and so intrusive. But then, it hardly resembles the blueprint described in the Constitution.
Elections matter a whole lot less than you think. As the great Italian economist Vilfredo Pareto explained, no matter what you call your government, over time, it will be taken over by the cunning insiders and hustlers he called “foxes.”
Italian economist Vilfredo Pareto (1848 – 1923), early Deep State spotter.
There are always some smart people able to manipulate, control, and subvert the government and use its police power (governments claim a monopoly on the use of violence) to get what they want. What do these foxes want?
Money. Power. Status. The usual. There is nothing underhanded about it. Nothing sinister or surprising. And you don’t need to believe in conspiracies to understand it. The subversion takes place right out in the open. But because it is so different from what we are looking for, we don’t even see it.
But it’s really very simple: You spend your time earning money. The foxes spend their time figuring out how to get it from you – by taxation, legislation, regulation, or an ingenious phony-money system.
Deep State
The concept of the “Deep State” was first applied to countries such as Turkey and Egypt. These are places where military-police-security insiders put screws to your thumbs, forcing you to do …read more
Source:: Acting Man
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