Page 63 - TrumpsEconEra_Flat

Trump’s Economic Era

CENTRAL BANKING

The Swiss Federal Institute of Technology did a
study to map the power structure of the global
economy. The gist of the research is that there is a
“Super-Entity” of 144 corporate fronts with 75% of
these fronts being financial institutions, named the
“One Bank.” According to this study, this super entity
controls 40% of the global economy and all the big
banks in the world. The world economy is estimated to
be about $70 trillion, so 40% of this is $28 trillion,
which is ten trillion dollars larger than the GDP of the
United States.
The Swiss research did not say that this One Bank
owns 40% of the global economy, it claims that this
entity controls 40% of the world’s economy. In a
society where the rule of law protects the common man,
in a system where the average person can claim
ownership, there would be a check on this global
power. But we no longer live in societies where the
average person can claim ownership. Because most
people are in debt, they do not own their house or their
car; the lender maintains control.
In a society where the rule of law protects the
average person, we could not have bail-ins where banks
can confiscate creditors’ money, including depositors’
money, making them whole in an economic crisis.
Baked into the Dodd-Frank Law is the provision that
the banks control creditors’ funds and control trumps
ownership. I discuss the Dodd-Frank Law and bail-ins
in Chapter 4: Government Overreach.

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