True Scale of Dollar Ponzi Scheme Becoming Apparent-Rob Kirby

True Scale of Dollar Ponzi Scheme Becoming Apparent-Rob KirbyBy Greg Hunter’s USAWatchdog.com 

Financial expert Rob Kirby says global central bank fraud is propping up the economy.  Kirby contends, “The amount of fiat money that has to be created on a go forward basis rises exponentially over time.  So much, much money is being created whether the Fed says they are ‘tapering’ or the Fed says they’re not ‘tapering’ is irrelevant to what is really happening.  The money is being created, and they have to find places to hide it.  What else has happened?  Internationally, we see the likes of Russia and China basically setting up to trade in other than dollars because they know what’s going on with the dollars, and they know too many dollars are being created.  They know this story of too many dollars being created ends very badly. . . . Fiat money by its very nature is designed to fail.  Fiat money by its nature needs to be increased.  Fiat money at the beginning has a very shallow incline, and then you hit an inflection point where the amount of fiat money being produced literally has to go vertical.  We are into the vertical part of that curve now.”  

Kirby thinks the inflection point was the 2008 financial meltdown.  Kirby, who has 15 years’ experience as an international derivatives broker, charges, “The only thing the monetary elites can do to prolong or delay that inflection point is by lowering rates.  By pushing rates to zero, which they did roughly 7 years ago, basically bought them some time.   A lot of things the central bankers have been doing are nothing but buying time.  In terms of the money that is being created, it’s really starting to hit home, and it’s really starting to become apparent the true scale of this Ponzi scheme.   We see a little nation like Belgium, with their $480 billion GDP, in the last three reporting months . . . put $141 billion worth of U.S. government securities into their reserve account.  They are now holding something like $340 billion in their reserve account.  This is absolutely absurd.  This is something that wouldn’t pass as a prank in the schoolyard.  This is an international game of hide the salami.  The dollars have to be created, and the central bank is running out of places to hide it.” 

Kirby goes on to explain, “People think it’s outrageous that the Federal Reserve has a $4 trillion balance sheet.  Try a $10 trillion balance sheet, and try a $10 trillion balance sheet in another sovereign’s debt.  It’s absolutely absurd and ridiculous.  This is high fraud.  What it shows is that this is not a problem that is with just America anymore.  It shows the real problem is with central banking and fiat money itself.  Fiat money and central banking are not the offspring of capitalism.  They are the central planks of the communist manifesto.  They are socialist and communist in nature.  The real problem is with the money itself.  We need to revert back to real capitalism which is real weights and measures and honest commerce.  Otherwise, we are going to devolve into a very dark period of feudalist oppression.” 

Why is this happening?  Kirby thinks, “It doesn’t really matter who occupies the Oval Office.  The office of the President has been captured, and it has been captured by the bankers.  We are living under banker rule.  This is a big problem.  Bankers are soulless.  Bankers have no nation.  Bankers are a religion unto themselves.  It’s a cult, and it’s dangerous.”  Kirby goes on to say, “At this point, there is going to be pain no matter what we do. . . . At some point, the whole thing will unwind, and hopefully it will not do so in a cataclysmic fashion.  I hope it will not do so with a push of a button that will start a nuclear war.  You can get truly dark when you start thinking how this might end.  I’d like to think saner heads might rule the day.  What we are witnessing in real time is this experiment with central banking, and fiat money is failing.  The evidence is written all over the walls.  It’s completely clear.  Anyone who is not paying attention to this, at this point, is delusional.” 

Join Greg Hunter as he goes One-on-One with macroeconomic researcher Rob Kirby of KirbyAnalytics.com.  

(There is much more in the video interview.)  

After the interview: 
KirbyAnalytics.com is a paid newsletter.  Kirby told me he often communicates with his subscribers one on one through individual email.  Even though KirbyAnalytics.com is a paid newsletter, Rob Kirby says there is a public area with lots of free information.  Check it out at KirbyAnalytics.com.                 

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Comments
  1. Larry Carter

    Be sure and read Robert Fitzwilson missive on King world. Another take on wealth and how are the 1% ers going to hang on to their wealth. or not.

    • Serge

      Amazing, fiat money was invention of capitalist society and yet the author calls it socialist and communist thing. Whenever capitalism is in fault blame somebody or something else in this case socialism which has nothing to do with fiat money.

  2. Rodster

    Kirby: “The entire world could easily devolve into feudalistic oppression”.

    Which is what Karen Hudes had said that we could be thrust back into the dark ages when this whole thing unwinds. The more ominous scenario is someone starting a nuclear war because they know the end game will be catastrophic. Not a pretty picture either way.

    • armando

      While I imagine that you and I agree on most issues, I´m certain that Karen Hudes is not one of them. An attorney and aledged world bank whistle blower that talks about 170k tons of gold hidden in Hawaii/Philipines and of ¨another race¨ that lives on earth and controls the Vatican is a bit too much for me to swallow without concrete proof.

      • Galaxy 500

        I am with you. Karen Hudes has zero credibility with me. Dont know that I buy a fall to the dark ages. Too much recorded knowledge. I have bunches. Even stuff outside make fields. But there may be a city state arraignment or even a return of the Confederation (just some states leaving the union, its about taxes, not slavery)

    • Steve Smith

      Rodster__ For the “meek shall inherit the earth,” So don’t worry, be happy, well win! ‘Meet John Doe,’ an Inspiring Lesson in Americanism. Call him Joe Doakes or George Spelvin or just the great American yap–he is still the backbone of this country and as sturdy a citizen as there is. You’ve seen him at the ball parks, on the buses, at county fairs and political rallies from coast to coast. You’ve even caught glimpses of him–and seen him squarely, too in films once again. But now you will see him about as clearly as Hollywood has ever made him out in Frank Capra’s and Robert Ruskin’s superlative “Meet John Doe,” which had its local premiere last evening at the Rivoli and Hollywood Theaters–you and countless other John Does. For, in spite of certain prolixity and an ending which is obviously a sop, this is by far the hardest-hitting and most trenchant picture on the theme of democracy that Messrs. Capra and Riskin has yet made–and a glowing, tribute to the anonymous citizen, too.
      Actually, this is not our first introduction to John Doe. Mr.Capra has already presented him under the names of Longfellow Deeds and Jefferson Smith, the fellows, you remember, who went to town and to Washington, respectively. He is the honest forthright fellow–confused, inconsistent but always sincere–who believes in the basic goodness of people and has the courage to fight hard for principles. When he went to town, he was fighting for a vague but comprehensible social ideal: in Washington, his adversaries were those who would use the United States Senate for corrupt and venal purposes.

      But now, under the pseudonym of John Doe–John Willoughby is his real name–he finds himself confronted with a much more sinister and pertinent foe: the man–or, rather, the class– that would obtain dictatorial control by preying upon the democratic impulses and good-will of the people of the land. In substance, Messrs. Capra and Riskin are hinting broadly at the way this country might conceivably fall into the hands of a ruthless tyrant. It could happen here, they say–if it were not for the American John Doe!
      By BOSLEY CROWTHER, Published: NEW YORK TIMES, March 13,1941

      Well the game was almost called out on account of darkness back then and it sure looks like it’s getting pretty dark once again. This was a time when Hollywood was at it’s finest and no doubt deserved much credit for keeping the world out of the darkness that has always dogged free men and of course, women.

      MEET JOHN DOE__THE FULL MOVIE IS ON YOUTUBE, IT’S “FREE”
      I encourage you to watch it, there is hope for us today and even if the world does slip into another dark age it wont be there long this time because of people like all of you John Doe’s, Mohammed, Galaxy 500 NC, Ugly, Col, NZfarmer from down Under and Tasman, Fly fisher Fraser,Oracle, Troy, JC, Al Oles, Calgirl, Art Barnes,STM, Charles H. you got brains, Paul from Indiana, Jerry,Ann Elliot and Nicks Grandson Al Tesla and I wonder if he drives one? I could go on and on, sorry cant get everyone in but I cant push the guy we owe all this to, to far, the USA’s Watchdog, who’s got our backs, Gregory Hunter.
      Greg I hope you trust me on this one, I know you wont have time to see this film to approve it but Glen Beck did recommend it a month ago, at least that’s what some of the reviews said and you wont be able to find one bad review, here’s one….
      alexave 2 years ago
      What an amazing movie! I was more and more into it as each minute went by. I was beginning to believe in it myself. I wanted so badly for it to be true, to succeed. The Idea seemed so simple, but it turned out to mean so much more. I was in tears for the last fifteen minutes. Over 70 years later and this movie is still moving. BRAVO!

      Roll out the barrel, well have a barrel of fun
      Roll out the barrel, we’ve got the blues on the run
      zing boom tararree, ring out a song of good cheer
      Now’s the time to role the barrel, for the gang’s all here!

      “There you are Norton, the people. Try and lick that!”

      • Steve Smith

        Just wanted to add, there are several free John Doe full movie video’s on youtube and even Hula, some are better than others, brightness, sound ect…one I thought to be the best and on youtube;

        Don’t count on this to work but i’ll give it a try if you will;
        https://www.youtube.com/watch?v=9jOf8GD4S7E
        If the above didn’t work just look for on youtube;
        Meet John Doe (1941) Gary Cooper & Barbara Stanwyck
        Public Domain . Video . . . . .there all good, anyways.

      • Nancy

        Maybe Karen Hudas is using symbolism when she is telling her story. Maybe she wants you to look deeper into who are the people from anothr planet. Afterall, she doesn’t want to end up dead.

        • Galaxy 500

          If you saw Greg’s interview with her, you cant come to that conclusion

        • Galaxy 500

          People come another planet???!!!??? Really? Sorry, I don bbelieve in the Nazi extraterrestrial theory.

      • Charles H.

        Steve Smith,

        As much as I would like to agree with you, in a positive outlook – I cannot. I own the movie you speak of, and have watched it several times. But a Hollywood movie, albeit from a saner time in America, is STILL a Morality Play: it is a contrived fiction that resembles reality; which allows it to gain intellectual believability and emotional identification. Though it embodies ideals we have cherished as Americans, and has a story-line that comes out right in the end: the similarities pretty much end there. Today there is a loss in the national character that the movie has not. Today the depth of the Political Machine is far deeper and more insidious. The conditions surrounding the US, not only in Finance, but in International pressures and initiatives are unprecedented; and they themselves inject variables that go beyond the sphere of control. I think you rightly attribute that there are individuals like Jefferson Smith today; but, I fear, not in such numbers that will make a difference for America’s future. This kind of character is fading from the American scene – in the way the Great Generation is disappearing.

        As to the compliment in your comment – you yourself are a first-rate writer. (Inferring brains included) I had to look-up “prolix” for myself!

        And though it is true – “the meek shall inherit the earth…” – this is not to say we shall not pass through tribulation, on the way to … a new heaven and a new earth, wherein dwelleth righteousness.” And I choose not to think ‘”we” win’, so much as that God gives the victory; and the glory is therefore His.”

        • Steve Smith

          Charles H. I said you had brains, more than me. Your right the victory is God’s, but don’t forget he prefers to work through people, those angels aren’t flying through mid-heaven, close to earth for nothing!
          Also cant take credit for that piece, it was from a 1941 New York times. So say G’day to all the John and Jane Does wherever you are and roll out them barrels!

      • trROTski

        “There you are Harry Ried, the people, try and lick that!” That go’s double for you Rory Reid and your dads aid-de-camp Neil
        Kornze. One only has to wonder, what BLM agent Dan Love and colleagues think about being called “losers” by Rory. Next time they are called upon to conduct excessive paramilitary operations they can invite Harry, Kornze and Rory to don BLM Ninja outfits and lead the charge to save the desert tortoise from the terrorists, so that they can be gently killed, later!

    • Rodster

      “U.S. Conducts Spy Flight Over Russia”

      http://freebeacon.com/national-security/u-s-conducts-spy-flight-over-russia/

  3. armando

    Superb Greg, simply superb… Your interview of this highly insightful, knowledgeable and astute guest is certainly another knotch in your vast list of brilliant reporting. I truly believe that when the reset finaly arrives (in the not too distant future) history will hold you in high regard for having been one of the few and key newsmen that accurately reported on what was to come. Keep up the fine work, hopefuly more of the masses will continue to awaken.

    • Greg Hunter

      Thank you Armando.
      Greg

    • topherdig

      Armando, I totally agree with your assessment of Greg’s blog and the guests that speak the truth and his courage and dedication to what is really happening out there in the real world. I am still amazed that Americans are so unaware of what is happening and that ” the economy is in recovery”. I also liked that this guest said that Obama is not running this country the banks are….how true this is. They are running everything in this Western world.

  4. Oracle 911

    Hi Greg
    I just want say few things:
    1 st) The current Russian leadership knew what is going on, for at least 15 years, but was unable to move. Chinese leadership realized it in 2008 and in 2009 it was rest of the BRICS. Sadly they can’t move any faster, at least without inflicting great damage on their own economies. But in 1 thing I’m certain, they will move as one entity, and it will happen soon (I think after the new Indian gov will be operational, India had election recently and the leading party won with the anti US gov campaign slogans).
    2nd) If dark age then it will take 20-30 years. Now the reason, back than in the age fall of the Roman Empire 2 things were common just a few were able to write and “elites” have “monopoly on truth”. Now in the west the an-alphabetism is gone (although in the US practical an-alphabetism is pretty high among the kids) and there is Internet which houses lot of “samizdat” like this site. Not to mention, we live faster then the Romans.
    3rd) About Central banking and fiat money it is true, and that manifesto was published in Chicago!
    4th) About bankers cult, true. It is an another Übermensch cult and “you” (and me) are the “talking animals”.

    BTW why your interviews became shorter?

    Your thoughts.

    • Oracle 911

      Now I just realized Obama is from Chicago, too. I don’t think it is just a coincidence.

      • Anne Elliott

        Christine Lagard is from Chicago too.

        • Oracle 911

          It is sounds like Chicago is the worlds communist/socialist capital.

      • Nick

        Obama is not from Chicago. He is from Kenya, Indo, Hawaii, Seattle, NY, Russia, and other places. He was only here after he was firmly molded into what he is today. We had an army of criminals already here in Chicago, Obama was just passing through.

        • Oracle 911

          Yeah, but if I correctly recall, he was on university in Chicago. So somewhere he get these socialist/communist ideals.

  5. Colin - 'the farmer from NZ'

    Hi Greg
    Great interview.
    Rob Kirby tells it like it is.
    He absolutely nailed it with this one absolutely classic sentence – ” We need to get back to real capitalism which is real weights and measures and honest commerce”.
    I love his description of a small country like Belgium holding $340billion in US Govt securities as being “frightenly absurd”.
    I note he had the courage to point out also – ” what we all know – that the Fed is not Federal “. – This situation is frightenly absurd too, yet 99% of people don’t want to even mention it.

    I see the world moving increasingly from paper to assets.
    It is ludicrous that approx. $700tr worth of financial derivatives exist – the equivalent of 10X the GDP of the entire world.
    A huge portion of this $700tr represents fraudulent debt.
    For the life of me I do not think the world can blunder through till the end of 2014 without the entire monetary system completely unravelling. The current fiasco in the Ukraine can only massively accelerate this process.
    The people with the hard assets will be laughing and those will the paper will be in tears.
    Cheers
    Col

  6. JC Davis

    Rob Kirby is one of my favorite analysts. Practical speaking, yet well informed in the banking actions and function. Thanks for the interview Greg.

  7. Rob

    Hi Greg!

    A good interview as always! Jim Willie just put out a good article that agrees with Rob:
    http://news.goldseek.com/GoldenJackass/1397678460.php

    The destruction of the present system is on purpose to make way for the 7 regional reserve currencies that will be put in place of the petro dollar. This is all by design:
    Revelation 17:3 And he carried me away in the Spirit into a wilderness: and I saw a woman sitting upon a scarlet-colored beast, full of names of blasphemy, having seven heads and ten horns.
    The USA is mentioned there in allegory just as she is here: Jer(usa)lem :o)

    I posted this as part of a larger post earlier in the year and thought it would be a good time to refresh some memories to ponder:
    2001 to 2008 is 7 years

    2008 to 2015 is 7 years

    2015 ~ 2022 is 7 years

    2000 ~ market top
    2001 ~ 9/11
    2002 ~ Patriot act

    2007 ~ market top
    2008 ~ Tarp
    2009 ~ Quantitative Easing to Infinity

    2014 ~ market top: http://www.youtube.com/watch?v=GVrE2zJMmwk
    2015 ~ collapsing markets bring a currency reset and Daniel 9:27 covenant starting the tribulation?
    2015 ~ 2022 ~ 7 years of Tribulation

    2022 ~ 2023 The day the Lord / Year of the Redeemed

    Father controls all the men from kings on down:
    Proverbs 21:1 The king’s heart is in the hand of the Lord as the watercourses: He turneth it whithersoever he will.

    In CHRIST! Rob

  8. DavidC

    Greg,
    I’m beginning to sound like a stuck record but, once again, a great interview. The one with Nomi Prins was brilliant, despite the depth of material she always presents it with real clarity.

    All the best from the UK!
    DavidC

    • Greg Hunter

      Nice to heart DavidC
      Greg

  9. Jerry

    Greg, I hope your readers are listening to Rob Kirby. He lays it out pretty clearly. We do not have years to prepare for this reset like many of your guest have stated. We have months. Maybe 2-3 according to my sources. He is absolutely correct about the stall tactic the Cartel is using. When they run out of Gold to buy off the Chinese, the Chinese will pull the plug on the reserve dollar, ending the fiat Ponzi scheme once and for all. There won’t be enough countries in the world (like Belgium) to hide the flood of dollars that will hit the market. What I’m wondering, is what the Cartel will do next to appease the Chinese? Hmm…maybe land deals? Maybe Dingy Harry isn’t so dumb? That sure looks like scrub land to me he was trying to sell to the Chinese in Nevada. It doesn’t even have a view. 🙂

    • Michael Haller

      Jerry,

      Harry is about as dumb as a fox. There is a huge transmission corridor going through Mesquite, NV through Las Vegas, NV to southern California. California and many of the Western states have laws requiring certain percentages of be from renewable resources. Currently, the Bureau of Land Management are leasing out thousands of acres of land for solar energy production. Apparently, Chinese owned companies are the companies leasing these lands. Can you say “billions of dollars”.

  10. art barnes

    Greg, what the central bankers & the elite are hoping for is a soft landing type ending, not a catastrophic war dark-age your guest alluded to. The reason the elite want a soft landing is self serving, its not because they love the working class people of the western world. They are historians, they know & remember the French Revolution of 1797 & what happened to the elite, head came off, etc., as an example – so they know a reset is coming but want to move ever so slowly into it to avoid a hard crash landing, that way maybe then they can keep their wealth and their heads as well. It remains to be seen whether the central banks can maneuver their greed, deception, & folly to a soft pasture, they have the reputation of being pretty resilient pilots albeit always at the expense of the working class.

    • Jerry

      Art
      They will just leave after the plundering is finished, and leave the rest of us here to kill each other.

    • Calgirl

      I wonder how the elite will protect themselves?

      • art barnes

        Offshore islands, large estates with armed guards, mega yachts that can stay at sea for 2 years or more without needing additional provisions, and, last but not least, the government & national guards protection; to name a few.

      • Galaxy 500

        Excellent question

    • JC Davis

      Art Barnes. You nailed it again. This explains why we have not seen a collapse. Soft landing is a must, so how soft can it get? There are still a few mom,& pop stores. Cattle ranchers, and back door food producers. Many gun owners still. Our system has been converted to a system of fraud. Those who play the game in fraud stay in the game. Those who don’t fold there cards, and head for the door. I think you are exactly right !
      Soft landing will allow the crooks to own the house and never have to leave.

  11. Sam Grant

    Greg:
    Another fantastic interview with someone who really knows his stuff and can articulate it well. For the first time, it’s been explained that central banking is socialist and communist. These two isms are the absolute scourge of humanity. They destroy motivation. They make those who excel the same financially as those who fail – thereby destroying one’s ambition, one’s desire to get ahead, to make something of oneself, to strive, work, succeed, excel, invent stuff, build stuff, innovate, dream and then put those dreams into reality. They destroy production. They put seniority over excellence. They take away individualism. They turn humanity into one depressing, slow, apathetic, low operating-level-mass of grey mush that does just enough to barely survive because there’s no reward in trying to succeed. They are a cancer on all of humanity.
    That is why I keep beating the ROTHSCHILD drum and will not stop. They are the inventors and owners of all central banks. Mr. Kirby mentions the Bank of International Settlements in Basel, Switzerland. The BIS is the ROTHSCHILD’S HEAD OFFICE governing their satellite offices (central banks) around the world. The BIS is the head of the vampire squid. We must stop this evil family and their partners/deputies/minions or there is no hope whatsoever for the human race. The ONLY thing the world needs to wake up to is the ROTHSCHILD’S CENTRAL BANKING PONZI SCHEME. Once people realize how completely they’ve been enslaved by central banking, everything else becomes crystal clear.

    • Alohajim

      Amen. Thank you Sam Grant. Indeed that truly is the one overriding problem in the world. Oh so cleverly hidden. These people have been farming humans like ants farm aphids for a long time. Humans have no clue about the sophisticated and systematic methods used in dumbing down, dividing, and distracting the population while creating dependence on government and corporations. Thanks to Gregg and all others like him who are working hard to help people realize and understand the truth.

  12. Jose Jimenez

    Hey Gregg! You sir have gone too far. What gives you the right to be truthful and honest? What, do you think you’re something special?? Why can’t you go along to get along? Don’t you realize that the truth could be infectious and spread in wild fires? This is not helpful to the Party, not helpful at all. If you continue the Powers at be, will have no choice but to label you as a domestic terrorist.

    I hope you come to your senses and cease and desist [NOT] before is too late.

    🙂

    Thank you Gregg for all that you do.

    • Greg Hunter

      Thank you Jose for injecting a little humor here.
      Greg

  13. Varian Wrynn

    Take a look at a paper I wrote in 2012 showing how the US will fare over the next 10 years. Paper uses US Gov’t and UN sources for projections. Spoiler alert: It’s dismal.

    http://www.scribd.com/doc/107058480/Life-in-2020

  14. Galaxy 500

    Greg
    have you heard about this?
    http://m.wistv.com/#!/newsDetail/25269079
    A construction worker though refills of coke where free when it was $0.89. He was fined $525 for shoplifting and banned from premise which cost him his job. I guess that’s fair… (sarcasm)
    This is another federal police officer power drunk just like the guys at Bundy’s ranch in NV. Had the poor guy been a banker and stolen $89 billion, he’d have received a $100 million fine, paid a few million in campaign contributions and he could have kept his job and the $89 billion. They slap down the little guy with draconian sanctions over insignificant things while the bankers stealing mountains of money getaway with it.
    Kind of reminds one of the treatment of nobility under the law and treatment of peasants.

    • Calgirl

      A partial answer:

      Jury nullification occurs in a trial when a jury acquits a defendant, even though the members of the jury believe the defendant to be guilty of the charges.