The world of today is not the same world it was half a century ago. We have a new kind of money. We have a new economy. And we have a new kind of government. All have been transformed… in ways that few people have noticed and fewer still have understood.
Our job is to try to understand that story. Not in its entirety (that would be impossible)… but in its most gaudy outline and most sensational details. We’ve already spent much of our time, and much of yours, trying to figure out how our monetary system changed after Nixon ended the gold-backed currency standard in 1971.

“Government can have no more than two legitimate purposes,” wrote the 18th-century English political philosopher William Godwin, “the suppression of injustice against individuals within the community and the common defense against external invasion.”
But the US system of government – nourished by the almost unlimited credit that its money gives it – has swelled to a shape that would have been grotesque and unrecognizable to Godwin. To those who still maintain some romantic attachment to the ideals of the American Revolution, it is merely repulsive.
Did you realize that we no longer have a political system that can properly be called a republic or a democracy? Did you realize that voting is a waste of time because the system is rigged to favor powerful elite groups?