Executive Summary SPACs are when private equity firms self buy or sell their own portfolio companies. This strange investment vehicle is a testament to the corruption in private banking. Introduction SPACs are designed to allow for corrupt acquisition. This is explained in the following quotation. “Mergers tend to lead to layoffs, higher prices, less innovation…
Executive Summary Mergers and acquisitions are presented as gaining efficiency, but they are designed to consolidate markets, increase monopoly power, and control buyers in reality. Introduction The reality of mergers has next to nothing to do with the official explanations around mergers. What Mergers Are Really Designed To Do Mergers are not performed to “increase…
Executive Summary Investment banks have become so powerful that they are not engaging in disruptive commodity speculation that undermines industry. Introduction The following quotation describes market manipulation. “An executive for MillerCoors testified that manipulation of the aluminum market cost manufacturers over $3B. The World Bank estimated that in 2010, 44 million people worldwide were pushed…
Executive Summary Hedge funds are supposedly the “smart money.” However, hedge fund performance does not match the hype. Introduction The performance of hedge funds versus how much they charge investors are covered in the following quotation. “In 2012, hedge funds removed $50.5B from their investors’ pockets. In fact, according to an article in Jacobin Magazine,…
Executive Summary Investment advice is filled with financial bias. The investment industry does its best to hide this financial bias. Introduction The use of salespeople rather than real investment professionals in retail financial branches is covered in the following quotation. “Say you decide to go down to your local brokerage and meet with a financial…
Executive Summary The British outlawed the debt-free US Colonial Script, which was a major part of the success of the colonies. This made the colonies far more likely to seek independence. Introduction This is a massive and, one might say, deliberate misexplanation of what led to the US Revolutionary War. New taxes were imposed, but…
Executive Summary The US Civil War had many private banking connections, including a desire by British private bankers to return the US to the state of a colony through a war. Introduction Slavery was a core issue of the US Civil War, but the war was instigated by European private banking interests that feared a…
Executive Summary The Russian Revolution is not what it appeared to be. The first Russian Revolution has been nearly stripped from history. Introduction What is generally explained about the Russian Revolution (RR), is the second, not the authentic one. The first RR has been virtually lost to history. This is explained in the following quotation….
Executive Summary It is often stated that governments must collect taxes to pay for their budgets. For governments that create their own money, this is false. Introduction When the government issues its own currency, taxes are not necessary. Taxes are necessary when a government cannot issue money (that is without a private central bank). However,…
Executive Summary Private banking always sets up a rigged system where elites benefit from free government money. Private banking ultimately desires to set up most of the society under debt peonage. Introduction This lack of fairness in a system run by private banking interests is explained in the following quotation. “What hides behind the banner…