News in Brief 30 June 2023

'France Has Fallen': Dramatic Footage Shows Social Unrest Spreading In Third Night

by Tyler Durden, Zero Hedge, Jun 30, 2023

Picture source: Le Monde / AFP

The police killing of a 17-year-old during a traffic stop on Tuesday has unleashed three consecutive days of social unrest across France. Bloomberg reports more than 600 people were arrested Thursday night into Friday, with a majority of them between the ages of 14 and 18. Rioters targeted municipal buildings, town halls, and libraries in various major cities, stores were looted, and all hell broke out nationwide as the government deployed 40,000 police officers yesterday afternoon to quell the violence. About 200 officers were injured overnight in the Paris suburb of Nanterre, where the teen was killed. The unrest is so bad that President Emmanuel Macron left an EU summit in Brussels, where he will hold another emergency security meeting Friday, AFP reported, citing his office ... Continue reading >>> MORE POSTS France (catalogue)
Europe Unglues

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The Controlled Demolition Of The Nation State

 

by J.B. Shurk via American Thinker, 30 June 2023

Generally speaking, central banks are empowered to control the supply of money by employing a number of tools that include buying government debt, selling government bonds, adjusting reserve requirements, and setting official interest rates.  Operating under various legal mandates to sustain an overall healthy economy, central banks ostensibly pursue policies that will produce relatively low inflation, steady economic growth, and low public unemployment.  

What if these stated goals are merely talking points meant to justify a central bank's continued monopoly over a nation's creation of money, and the true objective of any central bank is to maximize wealth for the wealthiest economic players?  Central banks, after all, are usually institutionally independent from government interference.  They are private firms managed by the world's financial elite.  How might a central bank pursue a hidden agenda to grow the wealth of its friends at the public's expense?

The easiest and most effective way would be to create artificial "boom and bust" cycles during which economies greatly expand and then quickly shrink.  How does this work in practice?  ... Continue reading >>>

 

MORE on the money scam: Money & Finance

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