Financial Illiteracy of Those Who Mock Conspiracy Theorists

From Social Psychological and Personality Science (SPPS), a journal from the independent publisher Sage Publications, comes an article that has predictably seen wide distribution on the Internet. It implies that those who believe in globalist conspiracy theories are illogical – even downright nutty.

The article is entitled "Dead and Alive: Beliefs in Contradictory Conspiracy Theories" and the thesis of the article is that people who believe in conspiracy theories eventually become so immersed in them and so mesmerized that they do not realize they are holding contradictory beliefs.

"Conspiracy theories can form a monological belief system: A self-sustaining worldview comprised of a network of mutually supportive beliefs. The present research shows that even mutually incompatible conspiracy theories are positively correlated in endorsement." (SPPS Abstract)

"Conspiratorialists" become so distrustful of "government" and "authority" that they will impute any and every kind of malevolence to them.

Thus it is that people can claim, on the one hand, that Osama bin Laden is "dead" and died years ago, while simultaneously claiming that bin Laden remains alive and that US and Pakistan government authorities are not being truthful about him and his physical state.

Of course, I've never run into anyone, who claims that bin Laden is ALIVE. But it's true that here at the Daily Bell we've run articles explaining that bin Laden probably died years ago. See, for instance, "Osama bin Laden is Dead Again?"

The SPPS article would likely have you believe this is an outrageous conspiracy theory. But given that FOX news ran a report on bin Laden's death in 2001, and given that Pakistan's former president Benazir Bhutto herself claimed that bin Laden died in the early 2000s (supposedly as the result of an assassination), it doesn't seem so far-fetched to speculate that bin Laden didn't die as the result of a US raid in 2011.

But that's almost minor stuff. Articles like this, despite their scientific patina, are deeply illiterate. Why so? Because invariably such articles won't deal with the bedrock financial illiteracy of current economic and political paradigms.

Imagine if the world were based on lies. Well, unfortunately, that's the truth. The lies go far beyond "who shot JFK" or whether the US government was directly or indirectly involved in 9/11.

When one uses the logical framework of Austrian, free-market analysis to analyze the Way the World Works in the modern age, one inevitably comes to the conclusion that modern society is built around fundamental untruths.

The first one is economic: It is the idea that central bankers can efficiently and effectively set the price of money. They cannot.

Every time central bankers decide on how much money to print or where short interest rates should be, the decisions are "fixing" prices – and price-fixing never works. Price-fixing distorts economies and causes a wealth shift from those who create it to those who don't and may not know what to do with it. Over time, aggressively mis-priced money causes first recessions and then depressions.

The second lie is that laws and regulations are necessary and that they can save society from "anarchy." In fact, anarchy is only the absence of government. That's the real definition. And absence of government does not necessarily imply "chaos." Just as setting interest rates fixes the price of money, so every law and regulation is a price fix as well, preventing someone from doing something within the context of the marketplace. This also constitutes a wealth transfer.

One can have a perfectly adequate and satisfying society without formal government, certainly without the kinds of intrusive and murderous governments we've got today. History is full of examples of societies that flourished with at least minimal government, especially societies where power truly flowed from the bottom up.

The third lie is that government is essential for purposes of defense and defending its citizens. But a quick survey of modern wars shows a disturbing tendency of governments – especially certain Western governments – to foment the very wars that citizens believe they're being protected from.

War is the "health of the state" – the way that those in power consolidate their hold while punishing their enemies using phony pretexts having to do with "treason" and "leaking classified information." Sound familiar?

It is what we call the Internet Reformation that has gradually shed light on the fundamental untruths permeating modern society in both the developed and developing world.

The Internet, like the Gutenberg Press before it, is a revolutionary device that has allowed people access to information that was hitherto denied or covered up, especially in the 20th century when the power elite's control over society was perhaps at its apex.

A conspiracy likely DOES exist. The Internet easily reveals not just facts that illuminate it, but also PATTERNS that show the same command-and-control strategies implemented throughout history, over and over.

It is easy, unfortunately, to mock those who believe in so-called "conspiracy theories" because the truth of what has occurred in this weary world is so extreme and shocking that most people simply cannot believe it. What truly horrifies us becomes a target for mockery. It's a defense mechanism.

Here's the seeming hard truth: A tiny group of Anglosphere banking families controlling most if not all of the world's major central banks have used the trillions to which they have access in order to foment what can be called a "New World Order."

This tiny group of intergenerational plotters and their enablers and associates have apparently built a seamless matrix of control around the entire globe to implement their schemes. They are building world government and are putting in place its building blocks.

What is it about the UN, IMF, World Bank, International Criminal Court, World Health Organization and hundreds of others lesser known globalist facilities that people who deny or decry modern "conspiracy theory" don't understand?

An entire gamut of globalist entities has been superimposed on the world in the past 75 years. Most recently − only this past week, in fact − the US military held a formal exercise over the skies of Los Angeles using the same black helicopters that conspiracy theorists were mocked for mentioning not a decade ago.

But the biggest issue by far – bigger than even the establishment of the facilities of the New World Order – is the fundamental illiteracy of those who choose to support modern society as it is today and as it has evolved over the past 100 years.

While human societies have always been based on fairly bizarre rituals, it is safe to say that the current crop of behind-the-scenes leaders have raised statist insanity to a new level.

Every part of modern society, from its basic economic building blocks to its liturgical belief in dysfunctional "laws and regulations" to its deep-seated reverence for the manipulated destruction of war, is questionable on a factual basis.

The reality of modern society is increasingly pathological – and the ones with the pathology are those who lead the rest of us along using paradigms that are evidently and obviously dishonest and dysfunctional.

Articles that mock the looniness of "conspiratorialists" need to deal with the fundamental economic and sociopolitical dishonesty of their own assumptions. They should begin by admitting the evident and obvious logical fallacies of the "modern" society they celebrate.

I'm not holding my breath.