I have been saying this FOR YEARS. And still Corbett doesn't get the full fraud. He thinks that what they are doing with what he calls his "sleight of hand" is a trick being pulled within a system whose rules allow for this. He doesn't get it.
The very rules within which all of this is being done are completely man-made. There isn't a single stock, security or bond in the world that needs to operate on interest, inflation or even markets. None of these things, nor the formulae used to represent their fluctuations are expressions of occurrences that happen in nature or physics. Is it the weak nuclear force that causes a bubble in one sector to crash the entire market as diverse as the ones in the world currently? Is it osmosis that forces the profits companies make from increased production to funnel into the vaults of the 1%?
It is neither. There is literally nothing but man-made manipulations causing "money" to flow the way it does in these entirely man-made market systems. Nothing in nature or physics requiring that, nor nothing in nature nor physics causing the markets to "react" that way.
Everyone believes that every activity resulting in markets and their reactions to be of a Living System that reacts this way to these maniulations. It does not. The actions AND reactions are both directly and totally made up in advance. The formulas are applied to perpetuate the illusion.
Try to imagine that a small community of 400 adults with an average salary of $75,000 managed to break off of any nation anywhere. They produced enough of what they neede to be self-sustaining and more. They would need to print 300 million of their own currency a year to pay everyone for what they worked to earn. Would they turn to a private bank to "loan in" that currency? Exactly how would a private bank come to HAVE any? Did they have some laying around BEFORE this nation separated?
So right there you have the entire premise behind the idea of the Federal Reserve totally exposed for the fraud it has always been. The currency never was "loaned in" by them. This itself has always been THE fraud that all other concepts leading to the rest of all the other frauds like "debt-creation", "inflation" and "interest" are built upon. Inflation of the currency. In that scenario of 400 working adults, what would happen if they accidentallt printed 400 million one year? They would be FORCED to put it into circulation causing a drop in its value? By who? Some financial market system? If the $ weren't needed, there would be nothing to force them into this, and if i WERE needed, then it would be necessary TO print it and it wouldn't affect its value. It's a self-fulfilling prophecy of no content whatsoever.
Or can you imagine the insane panic caused by a "Great Depression" caused by what ours was, when they simply pulled money out of circulation? In this scenario, they COULD either simply print more of the currency or calculate how much to raise the value of what was left to compensate. Yet that doesn't explain why the U.S. $ didn't automatically make this adjustment during our REAL "Great Depression" does it? In fact, according to ALL market-driven theories of Corbett, Bill Still, G. Edward Griffin and the Von Mises institute, the remaining currency would have actually HAD to rise in value regardless of how there came to BE so little. Whether it was caused by the deliberate retraction of currency and/or caused by the calling in of all loans, according to themselves, ALL of these "experts" say everywhere else in everything they say about markets that the value of the currency would have risen to compensate for its lack in circulation automatically.
Simply put, it's THEIR refusal to admit that the entire system is a fraud that prevents them from seeing it's ALL an entire sham.