This will be 'some weekend.'
From April 8th to 11th a conference will take place at
the historic Mount Washington Hotel in Bretton Woods, New Hampshire.
Mount Washington was the site of the infamous 1944 event which
launched the horrors which, we now realize, consumed every shred of
wealth in the hands of the 'lowest 90% or so of the population. None
of us, the lowest 90%, were invited to attend, of course.
Bretton Woods is the name of the 1944 conference which launched
the World Bank, establishing a 'new post-war global economic
architecture.' Today it is clear the event was not post war, but
intended to plan out the covert war to be carried out on us.
Instead of just writing it off we should be thinking restitution.
The planners for this Conference are using the title, “Crisis
and Renewal: International Political Economy at the Crossroads.”
The event will host over 200 of the same kind of 'experts in
economics and related fields' who were present at the last event to
discuss “global reconstruction in the wake of the 2008 Financial
They freely admit their last effort had a few glitches,
magnanimous of them.
Their Mission Statement burbles with excitement, conveying this
choice rhetoric, “The Institute for New Economic Thinking’s
mission is to nurture a global community of next-generation economic
leaders, to provoke new economic thinking, and to inspire the
economics profession to engage the challenges of the 21st century.”
The site goes on to promise hefty
“INET awards individual grants in two cycles each year to
individuals or teams proposing research in new economic thinking.
Grants allow the in-depth examination of an issue or development of a
concept, and at grant averaging $25,000-$250,000. In many cases INET
funds projects that would not generally be funded through
conventional academic funding channels.”
The promise of 'funding' makes
the cheery enthusiasm very understandable, on their parts.
Also funded, for their
delectation, will be Task
, for those troublesome 'critical issues requiring
This is the equivalent of being paid to
raid small villages for plunder, given past performances. Those shiny
young economists, eager for largess and honors, should probably
approach us with caution.
such as this weekend's event at Bretton Woods, will also take place,
giving them time to feel important and decide on the rationalizations
for policy justifying continued manipulation of the next form of faux
money, for which they enforce a monopoly. Videos will be available.
Let's hope those appear on You Tube so we can anticipate their future
with leading 'thought centers,' those universities, think-tanks and
other research-oriented institutions, also stir excitement in their
ranks. This is where these self-gratifying fellows hide from the
harsh realities of the cause and effect with which we are now so
familiar. These will also be generously funded.
Naturally, there is no thought of asking us what we thought about
their morals, ethics, and competence or if we would permit them to
diddle with the economy – again.
Generally, when you discover the highly paid professional caused
the disaster which reduced your world to rubble a process of rational
choice would indicate you fire him. Given the damage done, many among
us would prefer these fellows change their professions to something
for which they are qualified.
None of us asked them to meet, of course. It was the bright idea
of George Soros, who, like a serial rapist, wants another go at the
victim. The 'business plan' these folks enabled pumped nearly all of
the wealth produced by humanity into the pockets of the 23 men who
pay the salaries of these 'economists,' one way or another. So,
while it makes sense these fellows eagerly anticipate the years to
come for the 'challenge' it will present for inventing a 'new
economy' it makes little or no sense for us to put up with them.
Please note this point. No free market economists have been
invited to either attend or speak. With the exclusivity, or
exclusionary impulses, usual to their kind the Bretton Woods Cabal
have limited speakerships to 'post Keynsians,' and 'Chicago School,'
savants, though they burble on breathlessly about the number of Nobel
Prizes snagged for the event, three.
What would a Free Market economist say about what is happening
this weekend? Fortuitously, Mr. Free Market, Murray Rothbard, left
this comment regarding a new 'Bretton Woods.' The whole article is
Murray's prediction was, “The conservative Keynesians have
long desired a new Bretton Woods, based eventually on a new world
paper unit issued by a World Central Bank. Hence the new alliance.
The alliance was made politically possible by the disappearance from
the Reagan Administration of the Friedmanite monetarists, such as
former Undersecretary of Treasury for Monetary Policy Beryl W.
Sprinkel and Jerry Jordan, spokesmen for fluctuating exchange rates.
With monetarism discredited by the repeated failures of their
monetary predictions over the last several years, the route was
cleared for a new international, fixed-rates system.
Unfortunately, the only thing worse than fluctuating exchange
rates is fixed exchange rates based on fiat money and international
coordination. Before rates were allowed to fluctuate, and after the
end of Bretton Woods, the U.S. government tried such an order, in the
international Smithsonian Agreement of December 1971. President Nixon
hailed this agreement as "the greatest monetary agreement in the
history of the world." This exercise in international
coordination lasted no more than a year and a half, foundering on
monetary crises brought about by Gresham's Law from overvaluation of
How long will it take this new, New Order, along with its
puerile secret index, to collapse as well?”
And now we know how long it took.
Despite the nauseating impact of the rhetoric and videos you will
encounter it would be wise to view this one
on why small government is a bad idea. (Really)
It is probably time someone told them we are not interested in
their ideas about money and finance. Murray
, who died in 1995, is a better economist than the
Bretton Woods crowd are breathing.
Gold, silver and lead will serve us far better than the faux fiat
fantasies they will spin the the woods, though for the foreseeable
future, our exchange will most likely be based in those mundane
commodities, carrots, potatoes, and chicken eggs, and the occasional
kumquat or avocado. Let us go local and remember the lessons of
Plan to be in Bretton Woods this weekend! Bring your camera, and
ask Anonymous to take names and provide requisite information on
attendees. Let the accountability begin.