Is this a cause of world recession?

[Nuada Profile]

Does this video highlight one of the major problems with the developed world and is there a real case for the nationalisation of the entire banking sectors as a result?

[Ogmios Profile]

I have always wondered why inflation exists at all. Why should there be a sort of natural force pushing prices up all the time? I used to think it was because of simple human greed.

For a while now though, I've been leaning toward the opinion that it is necessary in order to keep private institutions like the Federal Reserve and Bank of England in control of the printed money and it's value. We now have these sort of supra-national entities such such as WTO and IMF so that this can be managed on a macro or global level and so all countries can be forced, economically, to conform to the mass privatisation plans these agencies have planned for us. This already happens in developing countries where loans are conditional and withheld without this conformity, hereby forcing nations who do not have an abundance of natural resources into poverty.

Venezuala, for example, with it's massive oil reserves, can just say f*ck you.

[Nuada Profile]

I have always wondered why inflation exists at all. Why should there be a sort of natural force pushing prices up all the time? I used to think it was because of simple human greed.

For a while now though, I've been leaning toward the opinion that it is necessary in order to keep private institutions like the Federal Reserve and Bank of England in control of the printed money and it's value. We now have these sort of supra-national entities such such as WTO and IMF so that this can be managed on a macro or global level and so all countries can be forced, economically, to conform to the mass privatisation plans these agencies have planned for us. This already happens in developing countries where loans are conditional and withheld without this conformity, hereby forcing nations who do not have an abundance of natural resources into poverty.

Venezuala, for example, with it's massive oil reserves, can just say f*ck you.

Poor old Saddam tried that one too...