There was a thread yesterday about Jim Cramer and Gamestop (GME) stock.
Although I disagreed with just about everyone in that thread, it did cause me to do a little digging.
I found this lecture by Patrick Byrne. He explains how Goldman Sachs creates FAKE shares of stock that do not exist, and this is how their company is so profitable.
The problem is, it has caused massive leverage in the system, and could be one of the reasons for a stock market crash (the money printing by the Federal Reserve is the other reason).
Goldman Sachs and the other prime brokers are THE SOURCE of ALL fake shares in the marketplace (and basically, all the fuckery in the marketplace).
The part where he explains HOW they create the fake shares is about 10 minutes of the presentation, and starts at about 3:00 (then, he goes on to talk about how to solve the problem with blockchain):
https://www.youtube.com/watch?v=COQvMsbb-Cw
- Almost 100% of the profits of Goldman Sachs comes from their "Securities Lending" operation
- That operation is focused mostly on "hard to borrow shares"
- They identify stocks that people want to short, then they lend those shares out
- They do NOT have to actually own the stock when they lend it out
- This allows GS to lend out shares that do not exist
- Since they are also a prime broker, most of this lending is necessarily to hedge funds, which are the investors who are shorting stock that does not exist
Goldman Sachs and the other 5 prime brokers are the SOURCE of all the fake shares out there.
This is EXACTLY the same as the "money changers" from centuries ago, when they created more money certificates than were actually backed by gold on deposit. Same exact scam, just with stock instead of gold.
It is always good to know the names of the criminals to prosecute. Now, it's just a matter of finding the prosecutors and getting them into office.
The danger of awakening many just to identify them is much greater than trying to just take out whoever you know is already a problem. Too much is being exposed, coupled with the fact that we are still allowed to talk on here is big.
If patriots werent in control things would descend into mass disorder much quicker and in devastating ways. If you make things as bad as possible without structurally destroying the US much then enough will wake up. The problem is it might take longer than anyone here hoped for, and it might be harder on us during it too than we would want.
edit: have you seen the big short? I love Burrys part in that movie. Imagine how patient and frustrated that man must be. Hes like the Q of finances.
I have theory that these different aspects are to wake up different types of people. Some follow stocks and finance so GameStop etc to wake those up. Q to wake up those that follow politics, the vax crap to wake others about corrupt medical system, other things that seem to be imploding the MSM and Hollywood (Epstein and ghislaine, and even SaveBritney). Even Afghanistan debacle to discredit Biden and the “foreign policy” apparatus.