I wanted to post this because, if there is a description of the One Percent, it begins here. This isn’t about the One Percent in total. This is about a number of people so small it would begin with several zeros on the right side of the decimal point. These people are the epitome of power; the unelected; the unaccountable, and the throttle of world economies.
The post, and link below will illustrate how the decisions made by these people led, unnecessarily, to the great depression, the opportunity for the rise of the Nazi party, and a series of events that have repeatedly plunged our world and society into unnecessary chaos. The aspect that horrifies me most is their assumption that they possess the insight or wisdom to predict the full consequences of their actions.
I have posted about the Bank For International Settlements, and this is to direct you to an interview with the author of a book about those who run that system of global central banks.
If you’re not familiar with a radio program on NPR called Fresh Air, you might want to acquaint yourself with it. A recent broadcast is about the new book called:
Three Central Bankers And A World On Fire
The following is from NPR’s description of the book, and the radio program.
In May 2010, the world’s most powerful central bankers met in Basel, Switzerland: European Central Bank’s Jean-Claude Trichet, the Bank of England’s Mervyn King and the Federal Reserve’s Ben Bernanke. A Washington Post columnist explores the role this meeting played in safeguarding the global economy.
Here is a link to that broadcast:
A quote from an interview with the author Neil Irwin, conducted by Dave Davies:
“It’s very much the case that we, as a society, have decided … [that] there are some decisions that’s better off being made by technocrats, by experts who can act quietly, who can act behind the scenes, and move quickly, and move on a scale commensurate to the problems. That’s not to say it really fits with most of our democratic principles. The Fed meets eight times a year to discuss interest rate policy. We only find out exactly what they said at those meetings five years later. We get transcripts; that’s not exactly a model of transparency. It is true that Ben Bernanke goes before Capitol Hill and answers questions over and over, and it’s true that if you know how to read their minutes and the different documents they put out, you can glean a lot about what they’re up to — but it’s very much a secretive institution. So if you’re an advocate of transparency and democracy and a free flow of information, it’s definitely the case that the Federal Reserve system and other central banks, for that matter, are not really what you want to see.”