Institutionalized Fraud, the New 'Normal' in Society

Isn't life better with fraud? The institutions that surround us seem to think so, as they have ushered in a normalization of fraud across the spectrum of society.

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What am I going on about? Charles Hugh Smith mentions the "normalizing and institutionalizing fraud undermines the foundations of the economy and the financial system." Fraud is being treated as a commodity. It's just business as usual, especially for the big players. They set the bar for how businesses operate and make money. If they can get away with it, then it become the new standard, the new normal, i.e. normalized.

Whatever con games they have going on, it's "just how business is done". It's no longer wrong or destructive, but a "good" for the economy and financial system at large. If we want to grow, engage in fraud to maximize those gains and pass off the risk to others who will pay the price in the end.

That pretty much sounds exactly like our current history, as the last financial crash showed that all the money magic gambling games that big players are engaging in has them win until they lose, and when they lose, they still win as some smaller players take the heat and society at large as the whole economic system falters due to their negative and impactful influence.

How did they get away with it? Well the bigger banks and central banks supported the con game and scheme. Don't forget the government. Institutionalizing fraud is made possible when it's protected, which is what the government is doing.

Rather than let the crazy house of cards and monetary illusion crash and burn, wiping out the bad players and harming anyone connecting to them (like everyone in society), the government protects them under the banner of "too big to fail". So we institutionalize the fraud and keep it going, standardized as a norm in society.

There are many ponzi schemes in society perpetrated by the financial sorcerers. Some are money-losing corporations that sell shares and dupe people into buying them. The money flows to the top, and those lower end up the suckers holding the bag. The deluded hope and dream is known by some, who only play the crooked con game in expecting some other sucker to come along and buy the shares from them at a higher price than they paid.

Eventually the inflated bubble get too big, the unreality can't be masked in reality, and it pops. Sounds like the stock market a bit, doesn't it? Money flows and those who set up the con game at the top walk about with millions and billions.

Not all companies go into debt and default, but the economic bubbles are still being created on overvaluations that eventually sink and leave someone holding the bag. That's how the game continues to be played, and society thinks this is "normal" and "good". We're such fools.

High class crooks can borrow money for cheap from the Feds, and defraud the financial system while they walk away winner at some point and don't have to personally pay back the debt since "corporations are persons" under our demented "law" system. The corporation didn't do anything, it can't, it's not a person with agency. People in the corporation did things though.

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The top 5% of the wealthy own 71% of the stocks. They play the highs and lows while others get suckered in. These whales can move stocks up and down and profit over and over in cycles they create. The small players trying to play the gambling con game can win too, but more end up losing.

We are now at a point where everything is a bubble. The stock market is at the highest valuation ever. For the past few years many have been expecting the house of cards, the unreality, the illusion, to come crashing down to the hard ground of reality from the fantasy clouds it is erected within. But it hasn't happened.

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Look at the part unreal valuations and the subsequent bubble. We are twice as high now, soaring high into the surreal and unreal fantasy clouds high above. When reality comes a knocking, the fall is going to be worse than ever. Even the past two bubbles didn't actually bring us back to reality. We just repumped bubbles to keep ourselves from hitting rock bottom.

Beware of what's coming. We don't know when, but it's just a matter of time. The unreality can only go on for so long until reality smacks things back, at least to some degree become the illusions get propped again and again. Maybe some day people will wake up to the fraud of the financial system and we can move forward properly as a species.

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Thank you for your time and attention. Peace.

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Posted from KURE