Bankism (Central Bankism)
“Central bankism” is the theory that the economy is run by the operations of a central bank (or central banks). The term was popularized by the article “Central Bankism: A New Religion” in The London Review of Books in 1996, written by American political scientist and historian Edward Lufttwak.
“Bankism” was popularized in 2014-15 by Gerald Celente of the Trends Research Institute. “Gerald Celente: Capitalism is Dead, ‘Bankism’ Reigns Supreme” was the title of a USA Watchdog interview on November 18, 2014. Gerald Celente - Trends In The News - “Top Trend: Bankism” - (12/11/14) was the title of a YouTube video by the Trends Journal. Celente explained in January 2015:
“Bankism is the idea that big banks are in control of the economy and not the free markets, trade, product development or business.”
Wikipedia: Edward Luttwak
Edward Nicolae Luttwak (born November 4, 1942) is an American military strategist, political scientist, and historian who has published works on military strategy, history, and international relations. He also provides consulting services to governments and international enterprises including various branches of the U.S. government and the U.S. military.
Wikipedia: Gerald Celente
Gerald Celente (born November 29, 1946) is an American trend forecaster, publisher of the Trends Journal, business consultant and author who makes predictions about the global financial markets and other events of historical importance. Celente has described himself as a “political atheist” and “citizen of the world”. He has appeared as a guest on media outlets such as CNN, The Oprah Winfrey Show, The Today Show, Good Morning America, CBS Morning News, The Glenn Beck Show, NBC Nightly News, The Alex Jones Show, Coast to Coast AM and Russia Today.
OCLC WorldCat record
Central Bankism: A New Religion
Author: Edward Luttwak
Publisher: New York : NYREV Inc., 1979-
Edition/Format: Article Article : English
Publication: The London review of books. 18, no. 22, (1996): 3
Database: ArticleFirst
Other Databases: British Library Serials
OCLC WorldCat record
Is Central Bankism an extremist faith?
Edition/Format: Article Article : English
Publication: CENTRAL BANKING, 7, no. 3, (1997): 6-7
Database: British Library Serials
Twitter
TRAVELMAN
@TRAVELLMAN
We have socialism, capitalism and now #Bankism a new flat tax on the banking public RT @MPR: Changes ahead for (cont) http://tl.gd/2c8no4
7:46 PM - 7 Jul 2010
Twitter
Delecluze
@decluze
#GeraldCelente on the #US midterm elections, #Bankism and “Show Business for Ugly People” (#InfoWars, from 03:08:09) https://www.youtube.com/watch?v=6LtxF3A7uNM#t=03h08m09s …
10:25 AM - 5 Nov 2014
InvestmentWatch
Gerald Celente: Capitalism is Dead, ‘Bankism’ Reigns Supreme
Submitted by IWB, on November 19th, 2014
Greg Hunter, USA Watchdog, Released on 11/18/14
“One of the trends for 2015 is ‘bankism,’ not capitalism. Capitalism is dead. This isn’t capitalism. Four words killed it, and they are ‘too big to fail.’ Quantitative easing hasn’t stopped. They keep doing it, they just change the game.
YouTube
Gerald Celente - Trends In The News - “Top Trend: Bankism” - (12/11/14)
Trends Journal
Published on Dec 17, 2014
“BP announces layoffs as West Texas crude hits $59 a barrel, Congress agrees that big banks can be insured by the FDIC & Former VP: Dick Cheney says that the CIA report is “full of crap”.’
Twitter
Daniel
@DWake216
@KeiserReport, @geraldcelente has been using the term #Bankism since at least the end of 14. Was his term inspiration or just coincidence?
1:32 PM - 17 Jan 2015
YouTube
Gerald Celente - RT News - January 22, 2015
Trends Journal
Published on Jan 23, 2015
We live in bankism, not capitalism, ECB QE is massive fraud. The introduction of quantitative easing by the European Central Bank has raised doubts about the effectiveness of such a move. To discuss this measure taken by the ECB RT talks to the publisher of Trends journal, Gerald Celente.
The Trends Journal® is the World’s #1 source for the most important trends that are shaping the future. The Trends Journal® shows you how these trends will affect your life, how to profit from them, and what to do to avoid pitfalls. Regardless of business or profession, the Trends Journal® provides insights, strategies and opportunities to help you navigate these treacherous, unprecedented times.
www.TrendsJournal.com
MainStreet
How ‘Bankism’ Makes Slaves of Millennials and Could Ruin the Economy in 2015
Juliette Fairley Follow Jan 23, 2015 10:45 AM EST
NEW YORK (MainStreet) — Capitalism is on its way out and “bankism” is fast becoming the dominant global economic system, the Trends Research Institute warns.
“Bankism is the idea that big banks are in control of the economy and not the free markets, trade, product development or business,” says Gerald Celente, founder and director of TRI, a Kingston, N.Y., company that consults with governments and businesses.
Younger generations will be among the hardest hit by bankism due to student loans.