Cartel Economics III

INFRAKSHUN

“They made a wasteland and called it peace.”

– Tacitus, Roman historian


So, where are we today?

As financial commentator Hans Schicht has described from his experiences of working with power-brokers in international commerce, he believes that the banking systems have become so centralised and concentrated that it is now under the control of “an inner circle of men.” He calls their financial warfare “spider webbing” where the concentration of wealth is made invisible; control is consolidated through “take-overs, mergers and chain share holdings where no companies hold shares of other companies” and where “conditions annexed to loans.” They also exercise: “tight personal management and control with a minimum of insiders of front men who themselves have only a partial knowledge of the game.” [1]

All this amounts to a vast system of unregulated and corrupt “shadow banking” which has no relationship to the kind of monetary system that is…

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