The Fight Between Media And Money

Now considering that this place now does have some basic exposure to the world of mainstream commercial practices, then you'd have to expect that whereas maybe in the distant past we would have just outright said 'Oh so-and-so literally is a such-and-such -,' well today we would be inclined to be a touch more circumspect.

Personally I was this morning rather pleased to find out that not only is the author Frederick Forsyth totally alive, but that he is in very good health. One of his friends was someone whom I was vaguely acquainted with, albeit only for a brief period quite a long time ago, namely, David Tang -, Sir David as he became. Sadly Sir David passed away and I had presumed all of that generational group of Londoners were not with us any more but I am of course quite wrong.

Georges Cinq restaurant in the evening...

Forsyth is someone who, having also worked for Reuters, as Ian Fleming had done, was extremely good at researching his material and most of what he converted into fictional spy novels was derived from strict fact and hard reality.

...Now I mention all of this to point out that all of your corporate media, just about everywhere at the 'heavy-hitter' end of it - and that includes educational publishing (for schools and colleges) and all kinds of computer data companies involved with political analysis and party campaigning - is owned by just one German family. As those familiar with Forsyth's work might be awake up to what I am talking about here...

Not only that, ever since Saatchi & Saatchi self-destructed, virtually all of the heavy-hitters in CRM ('customer relationship management') - something also used by politicians and governments - is owned by exactly the same family.

Meanwhile though, the Bank of England has gone to sleep, and the German Bundesbank, at one time the largest central bank in Europe but now only another member of the ESCB, has sat on its hands on the sidelines as Germany went to economic Hell.

Right now too, the US Federal Reserve is committing suicide - well, actually, what I mean to say is bidding the US citizen to commit suicide over the obtaining national economic conditions and some kind of bizarre prevailing inflationary-positive policy mindset about money and interest rates.

So on the surface you might have thought that there was no friction at all right now between corporate interests who engage in controlling the political atmosphere and the entire sphere of politics as seen by the general public - and central banks who are all meant to be independent and who operate from their chartered objective of protecting the stability of the national currency of whatever nation each central bank looks after.

Nice street lamps in
Paris.

You will observe, I trust, how that recently, and despite my own private view, our 'friends' categorical stated that gold would not rise markedly in the current circumstances of nascent World War III (we are now in that War) - and that they were right and my private view was wrong.

Well our friends go on to say that many things are inclined to happen in world affairs, which are totally outside of anyone's capacity to realistically predict them from standard analysis or from any known or knowable data at any given immediate present moment.

I will return to what I have just now said here in this post, at some future time, and underscore those elements that one might have understood from reading any of the references earlier on in here (this post) - and which will stand out as very stark reminders that there is simply nothing that I have ever said here or elsewhere on the matter of these 'people' that did not come strictly from actual facts and real incidents. 

And no less will those things impinge on the prices and values of French classic wines, than certain other, if associated things that will transpire, also serve to drive a wedge once more between central banking and vast monopolistic corporate interests who specialize in lobbying all sides of politics, with the result that the cost of money will begin to reflect the idiotic and insane cost of capital when multiplied by the theoretical size of liquidated asset values and hence supposed 'dollars' to be raised as debt from real estate prices which are many many multiples of their true clearance values at purely supply and demand considerations.

In short, things happen which change the dynamics of even very cozy banking-political-private wealth relationships. And things can suddenly happen that alter the whole economies of nations - as we have seen be the case with a biological pathogen for example recently.

Without such fore-knowledge it is impossible to predict the future values of something will rise, which do not present any evidence from natural dynamics that they will rise in prices or value.

Going on current evidence, you would not say that interest rates will go to massively higher numbers and you will be inclined to harken to the media's drumbeat that 'this is near the end of the tightening cycle' and that interest rates will 'go back down in a year...'

What 'tightening cycle?' What such thing is that?

Look you're only
truly wealthy when you 
wear pajamas in the street.

Inflation is entirely a monetary-caused phenomenon, and the government (governments everywhere) have not stopped expanding their debt since forever and that is the express reason there is inflation - since so much more new money (by means of debt contracted with commercial banks by people and companies) has driven up purchasing and purchasing power of only existing levels of goods and services with zero authentic capability of anyone to produce new goods and services at the rate that governments and banks can issue fantasy 'dollars!'

While fantasy interest rates were 'zero' or close to zero (remember when it was mooted that 'interest rates could go negative?'), it did not appear that there was inflation being experienced - that is, on-costs were not rising as asset prices were rising. 

But the central banks knew exactly what they were doing back then. And they were very happy to support low costs of living and low on-costs (wages and energy, fundamentally) in order to drive up debts.

Now they have you in debt.

And you spend because you have access to borrowings against fantasy valuations of fixed assets - aka debt.

Well, spent when you had access to debt at cheap prices. And yet, cheap while they appeared to be, the quanta was always much much larger than say it would have been even in the Go Go Eighties.

So now you have more absolute debt and rising absolute costs of debt.

Let's see how you get out of that mess. 

And by 'you' I mean the average citizen everywhere around the Western World.

Let's see you sell every single condominium especially those half-built ones where the builders for some odd reason went broke, and my my, how many of those there are around the place these days...

In other words, lets see the clearance rate in the market actually happen.

Technically, there still are ways politicians can negotiate a way out of the mess for the average mortgage holder...

Louis Vuitton was not ever a genuine 'luxury' product company in the first place anyway.

They were a company pandering to the easy credit and the debt-running middle classes who thought their properties were 'wealth' and wanted to spend cash (debt source cash) on stuff to impress their 'friends.'

Richebourg Leroy is luxury. So is Penfolds Grange.

One is scarce and the other is good.

But what I could tell you about future 'scarcity' though is coming from people with little white Tic Tacs and no one else believes that kind of thing!

LOL

I mean you don't believe that do you?

I certainly could tell you about the future but it's very very unpleasant stuff. And I would get instantly booted from the platform and all the ad revenue would be taken away.

And then, then, afterward, when 'it' happened (IE the thing/s I said about the future events), no one would apologize.

But this time though, they would not apologize for two separate and different reasons which I am not going into. Am I??

...Don't take the lyrics of this song too seriously. It's just a hypothetical. It all still very much depends - on this or that, on whether it be in the Spring or Fall, and whether the little guys from Basel and their cousins or is it their brothers from Zurich, had met yet in those darkened evening places they meet, wherever it is that it is, and all decided.