This is the second most important book I’ve read this year. The first one is Myths, Lies, and Oil Wars by Engdahl, which also covers some of the same thematics from Fraudcoin, the inflation, Petrodollars, and how the USA upholds the hegemony at any cost to the rest of the world. However, Fraudcoin taught me a helluva lot more about central banks a
...Les merRead more about review stating An Inflationary Talend inflation, and how the 1% use inflation as a tool to get richer while the 99% get poorer.
The book is written in US English, with some bleed over from British (towards, labour), and it’s very impressive work considering the author is Norwegian. There are few errors, although the book lacks section or chapter breaks, but the use of the term «fossil fuel» confused me, as I’m sure the writer is aware that oil is an abiotic fluid created at extreme depths in the Earth, and not some non-renewable juice made from dead dinosaurs. We’ve known for sure since the Santa Fe conference in 1994 where Ukrainian scientists provided proof gathered for decades. The explanation could be that because fossil fuel is such a stubborn myth, and has been in our vocabulary since the Rockefellers hired Marion King Hubbert to deliver a paper to the annual meeting of the American Petroleum Institute in 1956, that even people who know what oil is, still use the term.
Yes, inflation, war, and oil go hand in hand. It’s all about controlling the wealth of the world, and hence many of the same powerful families that control the oil, also control the banks, and unavoidably so, also the world politics. Many of them aren’t even elected by voters. Just look to the UN and the WEF, and how much power the shadow banks have.
The structure of Fraudcoin is very sound, and the facts very interesting. I didn’t know that the vikings brought the idea of inflation from Istanbul, and that the Athenians used it to finance their war against Sparta, something I wonder if Conn Iggulden missed when he wrote about that time period?
If you’re only gonna read two books this year, read Fraudcoin and Myths. You’ll never view the world around you the same way again, and you might not stomach the lies told on MSM either. I’m looking forward to learn more from Rune Østgård and I hope I can attend one of his events soon.
Good work, sir! Les mindreRead less about review stating An Inflationary Tale