How often do you come across an individual who is uniquely qualified, and sufficiently talented, to present insights into the central banking systems of the world and other financial matters in such a way that it puts a broad smile on your face?
David Hague (davidhague.wordpress.com) is one such man. Hague’s reports as to what is happening in the world of finance today makes for the most insightful, intriguing and amusing “take” on the world of funny money.
The purpose of the meeting in Davos is:
1. to discern and implement new ways to convince the public that giving a perpetual and eternal supply of money to the largest employers in the world – governments, the banking industry and the defense industry – is the path to financial salvation. If not, the money:
- might find its way to entrepreneurs and small business owner who would surely end the reign of the Davos attendees as global arbiters of wealth distribution….[and, moreover,] the money
- might be wasted on education, infrastructure and silly projects to make the world a better place.
2. to gather the world’s most influential people together so that the world’s most powerful lobbyists can explain to them the political and economic agenda for the upcoming year,
3. to reassure Main Street that the world’s leaders have ‘got their backs’ and are working to ensure their continued prosperity which will placate and anesthetize the masses into a state of inertia whilst the world’s elite prepare for the financial cataclysm their leadership has made inevitable.
4. to propose adding a new word to the English language which is motivated by a recognition that the definition of the word “debt” – defined by Merriam Webster as ‘something that is owed and will be paid back’ – is becoming a very inconvenient truth for them
5. and to, explicitly, replace the word “debt” with the word “agfok“ – an acronym for “a gift for our kids” – in recognition of the fact that the 52 trillion dollars of global government debt will never be repaid.
Hague’s reports as to what is happening in the world of finance today makes for the most insightful, intriguing and amusing “take” on the world of funny money. Enjoy the summary of his “articles” via the hyperlinks provided. Read More »