The blogger brings up an issue about currency that, I think, few people understand. Issuing currency leaks out across borders and can have very deleterious effects on ordinary people in other lands--food and energy inflation, and wars. With the US dollar as the dominate world's currency, and with the controllers of this currency issuing ever greater quantities trying to prop up banks, what has been largely missing from political analysis are the links between this and all such deleterious effects on the world's 99 Percents.
Malone introduces his thesis with this scathing attack on the world's One Percents:
G20 meeting have become even more farcical and resemble ever more uncannily the gatherings of powdered, wig-wearing elites, so far removed from the people they rule over that they simply can not imagine why the commoners don’t just work harder, earn less and consume more like the plan says. Let them eat cake has become let them borrow. Why won’t the ungrateful wretches understand that there are no free hand-outs – at least not for them. Money can only be handed to those who know how to use it profitably, not waste it on pointless things like health services and pensions. The common people must realize they have brought this upon themselves and must now accept their medicine and work longer for less so they can get back to shopping, consuming and above all borrowing.
