Editor's Note: This is the first of a two-part series. Read The Currency Wars, Part II.
NEW YORK (
Bullion Bulls Canada) -- The morning "news" rarely fails to disappoint when it comes to churning out Machiavellian doubletalk, more convoluted than your average pretzel. Monday was no exception. The stalwart propagandists at
Bloomberg have treated us to another exercise in logical perversity with
G-7 Said To Discuss Statement To Calm Currency War Concern
Machiavelli himself would have stood and applauded this effort. Before we see what this statement actually says, let's review what it does not say. It does not say that our (morally/intellectually/economically) bankrupt governments don't want a "currency war." It does not say that our governments aren't planning on having a currency. My apologies for the double negatives.
Indeed, focus on precisely what is said here and things become much clearer: a "statement" to "calm concern." "Statement" = lie; "calm concern" = putting the Sheep back to sleep.Why do the Sheep need calming? And how are we being lied to? Roughly a quarter century ago, the Corporate Oligarchs (and the puppet-politicians whose strings they pull) decided to destroy the West's economies in the name of short-term, corporate profits. The euphemism they created as a label for this sadistic plan was