Central Banks Eye Blockchain Tech

http://www.coindesk.com/markets-weekly-bitcoin-price-420-mark-institutional-attention/

The Coindesk article above details Bitcoin's recent price rise past 420, from its recent lows of about 377.  This development comes after the cryptographic coins' value nearly doubled during the final financial quarter of 2015.  

Of course, just as with gold having its best first quarter to a year in over 30 years, what we're witnessing is not the appreciation of assets classes, but rather the depreciation of the currencies those asset classes have been priced in.

As people witness their purchasing power decreasing, the flight to sound money occurs in several phases.  These phases, three of them as it were, can be found described in detail here.

What really caught my attention about this Coindesk article, however, had nothing to do with Bitcoin's value relative to any fiat currency.  It had to do with the central banks looking into blockchain technology.  Take a look at this, courtesy of Coindesk.com:

 " Other developments coincided with the price appreciation that bitcoin enjoyed during the week, as it was announced that the central banks of both the eurozone and China are looking into blockchain technology.

More specifically, the European Central Bank revealed 17th February that it is delving into how this technology could either improve or hamper the infrastructure the region uses to settle securities and payments.

In addition, Zhou Xiaochuan, governor of the People’s Bank of China, stated in an interview with Caixin Weekly that the central bank is exploring blockchain, as well as other technologies, to establish and run an electronic cash network. "

Investor Jim Rogers: "We Will All Pay A Price For Central Bankers' Incompetence"

http://money.cnn.com/2016/02/15/investing/jim-rogers-central-banks-stock-markets/index.html

American Investor Jim Rogers has a serious warning for the world, according to CNN Money...

 " "This is going to be a disaster in the end," he said. "You should be very worried and you should be prepared." 

Central bankers around the world have been increasingly using negative interest rates to prop up inflation and support their economies, but Rogers said the moves aren't working. He said they are simply trying to rescue stock markets and help brokers keep their Lamborghinis.  "

The three minute video above illustrates in a simple way how central bankers will bring down the global economic and financial system.  One can almost admire Roger's naivety, believing "incompetence" to be the culprit, rather than a controlled demolition, decades in the making.  

Due to the pace of the modern world, our short attention spans often prevent ourselves from making logical connections between historical and modern events.  We tend to see them all as isolated incidents and never recognize the common denominators.

The largest common denominator of economic despair involves central banking - where tyrants control the money supply and puppet government, poverty follows.  And their system necessitates a regular liquidation of human capital - the mass murder of millions must be carried out in order for the system to cleanse itself and start anew.  Hence the history of bloody wars following economic crises with impunity.

As stated on my other blog, bnibleyspirit.blogspot.com, the war drums will get louder from now until 2019-2020.  Yet this time, a revolutionary upheaval may be in the cards, as humanity has grown tired of war and poverty.  

NIRP leads to market euphoria

As financial panic spreads around the globe, so does the central banking tyrants' attempts at keeping the house of cards on stable ground.

On January 21st, Bank of Japan Governor Haruhiko Kuroda stated that NIRP (Negative Interest-Rate Policy) was not in the cards for Japan. 

Then on January 28th, after having met with the world's most preeminent parasites in Davos, Switzerland, Mr. Kuroda had a schizophrenic moment and announced that NIRP shall indeed descend upon Japan, reigning down fiery death and destruction on savers all over the island nation.

If all this stuff didn't affect ordinary people in an adverse way, it might almost be humorous.  Who do these people think they're fooling?

When one examines the language of central bankers such as Kuroda today, one finds striking parallels to the bankerspeak of Fed Chairmen Ben Bernanke in the lead up to the 2008 subprime mortgage crisis.  Another parallel involves associated actions and statements of said banksters being framed by media as "blunders", or "mistaken errors of judgement", or "policy errors" rather than what they really are: rhetorical tactics, i.e. lies.  Many others have noted these similarities as well.

Keeping that in mind, just look at what Kuroda said to Bloomberg while he was in Davos, Switzerland meeting with the world's foremost economists and central bankers:

" With China dominating the focus of global financial markets, Kuroda offered what he said was a "relatively optimistic" view about Japan’s larger neighbor.

China View

China doesn’t face the risk of a hard landing and there is no sort of global crisis like the post-Lehman Brothers meltdown, according to Kuroda. "

Phew. I feel safer now.  This guy says everything is awesome.  He wears a suit, so he must know a thing or two.  I'm sure he won't do something crazy like enact NIRP in a last-ditch effort to keep markets from falling further....oh wait, global stocks soared today, just as they did during the 2008 crisis.  Imagine that.  And just in time for the final trading day of January, making the worst starting month to a year in history appear....somewhat less historic.  

The deliberate destruction of global financial markets

This week, CNBC's Art Cashin, who has been a trader on the NYSE for some sixty years, has declared that this is "what you get before a crisis".  Such was his response when asked what the mood was on Wall Street.  He also noted that investors seem to feel "concerning and frustrated", and added that this seldom leads to anything other than a sell-off.
He goes on to say that the Fed made a "policy error" in raising interest rates last December.  This idea will be floated more and more until it becomes accepted as fact.  That way, more people will believe in the Fed's unbelievable perceived "incompetence", while less will perceive their real intentions of plundering the population.
Policy error, or prime objective?  If Fed Chairman Janet Yellen intended to prick the financial bubble that the Fed has blown, she could have done no better than this 25 basis-point rate hike in December 2015.  This has been evidenced by the substantial financial turmoil around the globe we have witnessed over the past thirty days or so.  Even mainstream banker mouthpieces such as CNBC have finally begun to admit what sites such as Zerohedge.com or Theeconomiccollapseblog.com have been saying for years upon years.  Namely, that economic fundamentals have been deteriorating for some time, and the recent turmoil did not come out of nowhere.  The central banks created a tinder box of debt that encapsulates the entire globe, and now they have decided to light the fuse.  All we have seen thus far can be analogized to a fireworks show: these first few weeks of 2016 have only been the warm up, the pre-show before the main event.  What follows will be far worse than anything this world has ever seen.  Even CNBC admits "A recession worse than 2008 is coming".   Of course, they blame it all on China's "megalomaniac communist government", ignoring the fact that Western governments and central banks do all the same things.
There you have an example of framing - leaving something out of the picture in order to create a skewed view of reality.  Expect to see a lot of more this type of rhetoric in the coming months, as media struggles to maintain their narratives in order to sway public opinion and consumer sentiment.
This time will be different, in that the masses more and more refuse to drink the kool-aid.  And when everything they have ever known begins to fall apart around them...at long last, there will be no more kool-aid left to consume.  Only the bitter cold pill of reality to swallow.