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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: maceng2 who wrote (177435)	8/29/2021 3:08:24 PM
From: sense	Read Replies (1) \| Respond to of 217576

It is, at least, a useful question which has a focus on asking "what is" in relation to oil, banking and globalism. But, it is also a question that, for a student of banking history... [which university should I attend to get my undergrad in banking history ?] is easily answered. Are Petrodollars responsible for big international banks becoming "super national" i.e, not reporting to any government? No. They are instead more the direct product of big international banks having always been "super national"... if also, since the days of the Medici, also having always found it useful to meld the banking interest with a controlled and defensible physical address... pairing up with a (more or less skilled and aware but) like-minded sovereign power in providing both a protected location... and an avenue through which policy influences might be expressed. The Petrodollar is only 50 years old ? Banking has been around a while longer ? So, the focus adopted in asking the question is useful in relation to the study of modern history... but imposes the risk of not understanding vignettes from modern history in context of the broad sweep of history. There was a time when the bankers preferred home was in the City of London... so a study of the history of the City of London might be useful, along with a study of other more or less independent enclaves that still remain in the world, from Switzerland, Lichtenstein and Monaco, to the Vatican and Andorra. While considering the history of such still independent minor principalities, note how money issues influence their development... but don't ignore that word "enclave", while it does denote some residual echoes of history in being contained, does not necessarily denote a division in national borders. The factors that created them persist today... as in Hong Kong, and Macau... or Taiwan... not too much differently than Washington, D.C.? And, I don't know that a proper word for it exists in expressing it properly in full context... so, call them "exclaves"... the similarly created and extant autonomous to semi-autonomous regions where the national boundaries most of us simply take for granted as a matter of routine, become a bit "hazy"... so, not wrong in thinking of them as "tax havens"... the need for which you might note as also and equally isolating them from the sovereign taxing power... the enforcement of national laws... and the control of the central banking authority and its power... Tax havens have mostly not been fairing all that well, recently... save those adopted for purpose and accepted within the inner circle... so Puerto Rico is in no danger of losing its tax advantages... and Bermuda is unlikely to suffer an exodus of capital any time soon ? But, also, a goodly number of such "exclaves" have roots in the British legacy... some more isolated and adrift... the Isle of Man, or Jersey, and Guernsey... perhaps not as easy to access as others... UK overseas territories top list of world’s leading tax havens Why UK’s network of ‘Treasure Island’ tax havens is in trouble If you're paying attention, you might note that as less about any recent innovations in the bankers' power emerging from its suppression by national sovereigns... and more about a new class of supra-national corporations that are now following in the bankers footsteps... after having already essentially declared their independence of the bankers control by financial means... as not dependent on borrowing to function. This view of history... is a vastly more useful tool in understanding modernity than other approaches to history... it being the history "they" don't want told... The Petro-dollar seen properly within in that larger historical construct... is so 1970's... do try to keep up ? "Conspiracy theories" of the 1950's to the 1970's... that suggested things like the Bilderbergers existed and conducted annual meetings... ? Out of the shadows, now... seeking legitimacy ? Hmmm. Meaning ? But, as in all history, there are narrow views of specific events... a battle in a war... or a war itself... and more sweeping vistas of changes, and in over-arching change in interests and focus, in the big picture ? The "American experiment" is not independent of this history... American exceptionalism was born of geographic isolation enabling the melding of the experiences of oppressed British expats with the world view of native Americans. The tribes of the northeast coast lived "life in nature"... that being the origin of their understanding of individual sovereignty and independence of thought and action as by right... the basic unit of society being the individual... That melding defined, first the expats survival [only when they surrendered communal survival depending on communal action to its dependence on individual action] and then the initially successful attempt of their progeny to escape the control of the British Sovereign AND the then dominant power of the British banks. What followed, has been an unrelenting campaign to subborn that independence and freedom... from the War of 1812... to the succession of battles in Congress over the establishment of a central bank... and, eventually, the surrender of power and control to that bank in 1913. It still took considerable time from 1913... before the banks felt comfortable enough to relocate the ostensible physical headquarters of the bankers cabal from the City of London... much less from the closure of Bretton Woods to the closing of the gold window ? However, since then, American's have become increasingly restive hosts... more as the advent of the internet ensures the actions of the man behind the screen have become increasingly apparent. A very, very condensed summary of recent history. It skips over a few things like... WW I... or the relationship of the banks in enabling and controlling or using Stalin... and Hitler... and how related and subsequent events ended up... making America as melded to the banks into the uncontested global leader... into the final denouement of that prior era, in the final defeat and surrender of the Soviet Union in the wake of the Gulf War... seen as it was... and not confusing purposes with justifying excuses. But, in looking forward... one cannot view the sweep of history as essentially an American project in its design... as almost entirely counter to America's interests in origin... of in its plans for control n the wake of that influence succeeding beyond expectation ? Under the Medici the bank and the government were essentially the same thing... if not without significant ferment occurring in the politics conducted in balancing between the conflicting interests of Florence, the Medici family, and the Bank and its focus on profits and risk avoidance. To understand modern history... with a future focused perspective on the reality in "what is" and how that limits or foreshadows what might become... you have to understand the history of Florence... and that balance between the interest of the state, the bank, and the leadership... as often being an exercise in herding cats while balancing disparate interests in an uncertain world... with uncertain outcomes. Keep all of the above deliberately in mind... as you watch the series " Da Vinci's Demons" ? Is it painstakingly accurate as history ? Probably not the point. The role of Da Vinci... in his commitment to "the idea" of Florence ? What is the symbolism of Da Vinci... considered in context here... of being unable to recall his mothers face ? Watch the first 5 minutes of it... and if you can't comprehend the relevance in modern times... of the conflicts it presents between corruption... innovation and intellect... the bank... the state... belief and the truth... memory and fear... the established order... and while struggling to understand "what is"... focus on how and why conflicts are engaged in crafting "what will be" ? Then, not much more i can tell you... Watch the whole thing... while sustaining that view that its mostly about "banking history" ? Then there is a lot we can discuss...

To: maceng2 who wrote (177435)	8/29/2021 9:52:39 PM
From: sense	Read Replies (1) \| Respond to of 217576

This link put's us "on topic" as it were. Straight back to gold and crypto. My prior post on banking history... is relevant in relation to the emergence in Europe of corporate identity... Gold, obviously, long predates the inception of the enlightenment. Gold and silver and copper in the local increments and forms... were about all that civilized local people knew as money. And before that... you're looking at shells, or teeth, pretty stones, shiny things... things with utility... or giant round stones with holes cut in them... being used as money. Maybe markings made in clay long predate the European emergence from the dark ages... and before that... who knows... as civilization is older than history. But, the foundations of fiat were already present... in the role that contracts played in the period of the Medici... if the use was limited to the class of bankers and wealthy merchants. I'm often a critic of others who approach history as if everyone now dead was stupid... and everything relevant is "new" within the lifetime of the living. I don't intend to suggest money and commerce are that... new ? But, things have changed... I think the best intro to understand all of that... and how to see it... is found in Fernand Braudel... particularly "Capitalism" and each of its three volumes...each essential to understanding the modern world. But crypto ? It doesn't predate gold and silver in the origin of its ideas.... But, the origin in its ideas are essentially the same ideas as those that created modern banking... And for that... the innovations introduced by the Templars are worth considering as "the same thing" as what motivates crypto advocates today... as the problems the Templars had to solve are almost no different than those faced by people today ? I don't have as handy a reference to provide... but...maybe ask Siri why the Templars changed banking ?