We have to look at the situation differently and understand that complacency and blame games will not get us anywhere. The battle is clear: 1% versus 99%. This scale is without a doubt extremely puzzling but that didn't happen overnight. It took centuries to get to this point.

Earth Custodians have been writing about economics for quite a while now, and have to state the obvious: most people just cannot let it go. One way or another, there still is this rampant assumption that as long as the system is seemingly afloat, that one still can hurry up and make a last minute deal. It is understandable that bills must be paid and we'd continue to do so while we still are able to, but the reality is that spreading the word is our only long-term insurance during the transition. Money is not going to disappear right away. Only a rippling through awareness will prompt people to reorganize and use it less and less.

EC have never been keen on any currencies, not even digital money. They work all the same and depend on the "mood" of the population and/or investors to prosper... until the illusion starts showing cracks. In no way we can prevent the "recklessness" of others, nor their collusion. At best, all we can do is to master self-control. That is why there are way more arguments against monetarism than which in its favor. And once, one realizes on top of that, that overproduction and hyperconsumption destroy both, the environment and the fabric of society alike, what the heck are we really fighting for exactly?

When looking at the big picture, very few concepts (marketed on a grand scale) have had positive and long lasting effects on society. And most of what we perceive as "success" is the (in)direct result of a scam or deception.

We simply are on a freight train that only an individual realization and humility can stop. That it all was because of our "egos" making us believe in things that simply could not and cannot be... and never will be.

'SEPT 2018 | The world is sleepwalking into a financial crisis' – Former PM delivers scathing analysis of how the problems of 2009 remain unresolved . A leaderless world is sleepwalking towards a repeat of its near meltdown in late 2008 and early 2009 because it has failed to remedy the causes of the financial crash of a decade ago, former prime minister Gordon Brown has warned.

EC: the word "leaderless" is of course a *subliminal fear trigger" as the US/EU/JAPAN/UK central banks have been into printing mode 24/7 since 2008. And the printing presses did not print on their own: central bankers, the leaders, stood by their switches -- and still do to some degree because there always is a good reason to print furthermore, especially for wars and other so-called charitable actions such as averting a government shutdown. The UK has been more moderate but still accumulated £435bn of QE. As for Japan, it is till trying to prevent its own collapse since BOJ bailed out all its banks early 2000. The US got $4 trillion worth of QE medicine... Yes, our leaders are fantastic!

But Brown said action against financial malpractice had not been tough enough and that banks would expect to be bailed out again in the event of a future crisis. “The penalties for wrong-doing have not been increased sufficiently. The fear that bankers will be imprisoned for bad behaviour is not there.

The packs of hyenas and the flocks of vultures are all around, and they protect each other's backs, that is why so very few went to jail.

“It is very difficult to say what will trigger it [the next crisis] but we are at the latter end of the economic cycle where people take greater risks.

Well, a printing slow down will surely do it, but another major terror attack, or a war, may be too in the cards. All the result of economic interventions. We cannot even call back the troops home (ending military conflicts) without causing a world crash. That is how dire the situation is. Peace is too unaffordable now !!
FULL ARTICLE: https://www.theguardian.com/politics/2018/sep/12/we-are-in-danger-of-sleepwalking-into-a-crisis-gordon-brown

FURTHER READINGS
2013 | The Federal Reserve Is Making A Big Mistake. From QE 1 through QE 3 as of now the Federal Reserve has increased its balance sheet from $900 billion to $3.7 trillion today. Here is a primer on the mechanics.... they simply fire up the printing presses and print out of thin air $85 billion of new money each and every month. https://www.forbes.com/sites/richardfinger/2013/09/20/the-federal-reserve-is-making-a-big-mistake/#4d4e4606438a

Central bank’s head, Janet Yellen, confirms cessation of buying bonds in October after injection of £4.5 trillion over five years | 2014 https://www.theguardian.com/business/2014/oct/29/us-federal-reserve-end-quantitative-easing-programme

June 2018 | Global liquidity is drying up. The Fed is now literally destroying Dollars through Quantitative Tightening. It will destroy $40 billion per month during the third quarter and then $50 billion per month beginning in October. The Bank Of Japan is still creating money aggressively. However, by year end, when QE ends in Europe, the Fed will be destroying more money than the BOJ is creating each month..... https://www.richardduncaneconomics.com/qe-in-europe-is-ending-beware/

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