This is simply the result of class-warfare, and the rich are winning. Nobody wants to hear it though. Every time I rail against the supranational oligarchical bankers on hn I get downvoted into oblivion, and almost always without any response or discussion.

My estimation is that the oligarchs have already exploited the third world as much as they can, and now the only place left to exploit is to turn inwards an cannibalize their own populace. This is primarily happening in the banking center countries, Germany, USA, and the UK.

Personally, I have been expecting a crash that is used to push a globalist currency move, my guess with cybercrime as the scapegoat.

Globalism is the enemy. I am so tired of hearing about how globalism is just here to stay and Americans are just going to have to get used to a lower standard of living. It's just a talking point for collectivists who want to push the global government model, but I think that a return to protectionism is what is called for. Tax imports, subsidize exports, lower or abolish income taxes, reduce corporate tax rate but make less loopholes so they actually have to pay something. Do not misconstrue protectionism for isolationism, which is a common but false retort.

Inflation is much higher than measured, because they have figured out how to manipulate the numbers. The same with wages... and unemployment,.. and all the other things we supposedly use to measure the macro-economy.

We need to stop speaking of the branches of the evil and get to the root, and I am convinced that the central banks are the root that is rotting this country. The fiat, fractional reserve system is farcicle enough, but decoupling it from gold and turning it into the petrodollar has forced us into realpolitik geostrategic moves that are going to do nothing but bite us in the ass.

Andrew Jackson may have been a son of bitch, but he was right in how he attacked the banks.

"It is maintained by some that the bank is a means of executing the constitutional power “to coin money and regulate the value thereof.” Congress have established a mint to coin money and passed laws to regulate the value thereof. The money so coined, with its value so regulated, and such foreign coins as Congress may adopt are the only currency known to the Constitution. But if they have other power to regulate the currency, it was conferred to be exercised by themselves, and not to be transferred to a corporation. If the bank be established for that purpose, with a charter unalterable without its consent, Congress have parted with their power for a term of years, during which the Constitution is a dead letter. It is neither necessary nor proper to transfer its legislative power to such a bank, and therefore unconstitutional."

http://avalon.law.yale.edu/19th_century/ajveto01.asp

In other words, congress should abolish the sneakily passed Aldrich bill... cough Federal Reserve Bill, and reclaim it's constitutional authority to regulate money. (Please note, I do understand that too drastic a change away from a fiat fractional reserve system would cause too much instability, which is why I think at first the structure should be maintained, but instead of an unaccountable board of governors and open market committee, it would be congress. The real danger is that congress is bought and paid for, so we need a simultaneous movement to kick out all the incumbents.)