The Real Deep State Candidate
The Real Deep State Candidate by Bill Bonner – Bonner and Partners
PARIS – Yesterday, we described what we believe is the true source of today’s bubbly markets: fake money from the Deep State’s finance arm, central banks.
Today, we connect more dots. Specifically, we explore why the stock market celebrated after “The Donald” was elected… what role he plays in the Greatest Show on Earth… and what to expect next.
We also want to look at how America’s form of government has changed… but that will have to wait until tomorrow.
Fake Dollar Finance
Why did voters and investors turn their lonely eyes to a reality TV star… and put their trust and faith in a bombastic huckster, rather than a more conventional scalawag?
Why did stocks rise after he was elected?
What did they see that we didn’t?
In short, the fix was in… and Mr. Market knew it.
Fake dollar finance has been an abiding theme here at the Diary. Few others – apart from economist George Gilder and President Reagan’s first budget chief David Stockman – seem to care about it.
But for us, it is the biggest financial scam in the history of the world. It has moved at least $10 trillion from the people who earned it… to the rich and the Deep State elite.
It has corrupted our institutions… our culture… our markets… and our government.
This system is supported by almost everyone – by Republicans and Democrats… by the mainstream press… by academic economists… by international organizations such as the UN, the IMF, and the World Bank… by the “defense”… “education”… and “medical care” industries (all in quotations to signal our deep skepticism that they are doing what they claim to be doing)… and perhaps more importantly, by Wall Street.
What is this system?
It is the system of creating “money” out of thin air… controlled by the government and central banks… which ends up in the hands of Deep State cronies and the elite.