Notes of Note from John F. Ince

Finance is the new form of warfare – without the expense of a military overhead and an occupation against unwilling hosts. It is a competition in credit creation to buy foreign resources, real estate, public and privatized infrastructure, bonds and corporate stock ownership. Who needs an army when you can obtain the usual objective monetary wealth and asset appropriation simply by financial means? All that is required is for central banks to accept dollar credit of depreciating international value in payment for local assets. Victory promises to go to whatever economys banking system can create the most credit, using an army of computer keyboards to appropriate the worlds resources. The key is to persuade foreign central banks to accept this electronic credit.

via Why the U.S. Has Launched a New Financial World War — and How the Rest of the World Will Fight Back | | AlterNet.

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