Ms. P.H., whom readers here know to be a regular contributor of articles, found this one, and it's so bizarre, and tends to confirm in an even more bizarre way, some of the ideas and speculations I've been adancing over the past few years about space, hidden systems of finance, and breakaway civilization and technology. In fact, this is one of those articles that I had to file away for a spell in my "think about it" folder (yes I actually have a "think about it" folder). Well, I'm not done thinking, but like a small pebble in one's shoe, this one is annoying and irritating, and I have to talk about it. I may end up talking about it again, but for now I have to stop thinking, take my shoe off, and remove the pebble. In short, I to talk about this. And I'm sure that, once one sees the title of this article, one will see why it's been one of those "stone in the shoe" articles:
Now... did you catch the implications of those opening statements? Indeed, these were the statements that were the stone in my shoe, so to speak, and I found them to be an irritable confirmation of ideas I've been advancing, along with former HUD Assistant Secretary Catherine Austin Fitts. Indeed, when I first advanced this idea some years ago on the recently deceased George Ann Hughes' The Byte Show, I thought I was the only one thinking what I was thinking, and I was reluctant even to talk about it on George Ann's show, until she persuaded me. But when I heard Secretary Fitts saying and thinking almost exactly the same think some time later, I began to wonder. So here's the irritating stone-in-the shoe that this article posed(and poses):
"If you’re looking for the ultimate in physical security for your future assets, look up, way up. Growing fears about cybersecurity and the rapidly decreasing cost to access space has given birth to a new class of startups offering satellite-based data centers impervious to all physical hacking. What sort of information is so valuable that the average person needs to protect them in space? One answer: money. Even space vaults need guards, and in this case the brunt of that job will go to U.S. Air Force.
"But putting digital money into space-based data centers not only puts it out of reach from thieves, it’s also out of jurisdiction from law enforcement. In other words, the Air Force could one day soon be on the hook to protect a hive of money laundering in space."
Now, I don't know the author of this article, Mr Patrick Tucker, from Adam, and I highly doubt that he ever heard my wild and woolly "high octane speculation" about money leaving the planet altogether, nor Secretary Fitt's variation on the idea. That said, you'll note that what he has said, boiled down to its essential abstracted "quintessence", is the following:
- Money, since so much of it now exists in the form of electronic data, can now move off planet, and be vouchsafed in satellites;
- part of moving money of the planet in this fashion, might be in the form of sophisticated money laundering operations; and finally,
- the military would inevitably be drawn into protecting such "orbital vaults" and hence may unwittingly(of course! or as I would prefer, perhaps "wittingly") be protecting such operations.
Years ago, when I first began exploring the possibility of a "hidden system of finance" in conjunction with Mr. Richard Dolan's idea of a "breakaway civilization," and in conjunction with the idea of a decades' long black projects development of secret technologies (from weaponry, to propulsion, medicine, bioengineering, materials science, and even, if I may be permitted the term, "psychophysics"), I realized that such an idea meant that any conventional financial or economic modeling which did not factor the existsence of such a system into its analyses was doomed to be a highly flawed analysis. This was born home during the 2008 bailouts, and the "quantitative easing" which followed it, when financial analysts began predicting hyperinflation was just around the corner. I recall similar predictions from the Reagan administration era. It did not show up, and still hasn't. So like an electrical engineer confronted by power going in at one end of the circuit, but not appearing in sufficient amounts at the load end, I came to the conclusion that the "juice" or money was being bled off, and going somewhere else, and that one possibility may have been space, either in the form of tribute(Ms. Fitts' idea), or trade.
The idea may not be as wild and wooly as it sounds. After all, if we can trade bits of information that are exchanged electronically as money, chances are, another more advanced civilization might do so as well. Granted, they might be so advanced as to view our "electronic blips" as being about as avdanced as having to carry around sacks of coins before the rise of the widespread use of paper money. But different types of money have always circulated at the same time, as it does now.
But in any case, the article does advance the notion that money, rather than being transferred or cleared via space based assets, might be stored there. In other words, it might simply be moved off world. And he has raised yet another fascinating possibility, that this activity would the the ultimate way, the most sophisticated way for those with the pwoer, influence, and technological expertise to do so, to launder money. And of course, hiding your assets in satellites (or elsewhere), is the perfect way to have a hidden system of finance.
In other words, perhaps we're once again being "prepared for a future" that already exists, and perhaps this article could be taken as confirmation - at least in a general way - that the idea of all that liquidity, which should have shown up as hyperinflation long ago, hasn't, because the load end of the circuit is no longer on this planet at all. And that raises all sorts of other "high octane" possibilities. Of course, there's lots more to ponder in this article, which is why it's going into one of my permanent archive folders.
And of course, there's one final possibility that the article suggests, and that is, the data that can be stored in satellites, can also be stored on space probes on, say, the surface of the Moon, or Mars... if someone needed, perhaps, to make a withdrawal at one of those "branch banks"...
See you on the flip side...