Ever willingly ingested tapeworms to help with weight loss?
Drank radioactive water for its health benefits?
We havent either.
But were not surprised to learn that, somewhere, someone in this
Presumably, they were convinced enough that it would work to
give it a try.
Turns out, radioactive water is a decidedly bad idea,
and most effective in harming health. And while tapeworms can
certainly help in keeping that waist trim, cutting off your nose to
spite your face comes with its own set of problems.
But thats the power of belief for you.
Once faith sets in, it becomes unshakeable. At which point only
time can reveal the full extent of our mistakes
In truth, there is often nothing spontaneous about the rise of
certain beliefs. All you need is a captive audience and message to
hammer them with.
Throughout history, theres a long line of events whose outcomes
were directed by an invisible hand. Special interest groups that
hoodwinked the public into advancing their plans.
So skilled is the invisible hand at manipulation, its motives
often only become clear with the benefit of hindsight.
There is perhaps no better example of this than in the rise of
Controlling monetary policy, few doubt their importance in
maintaining economic stability. And yet the stream of recessions is
just as steady as it was prior to their arrival.
With the benefit of hindsight, we now know that commercial banks
played a key role in the creation and global expansion of central
The meeting of Americas wealthiest financiers at Jekyll Island
in 1910 was the catalyst for the Federal Reserve Bank. There, they
drafted the bill that would birth the Fed. That they met in
complete secrecy is at least an admission of the conflict of
interest at play.
In fact, there can be little doubt today that central banks
exist primarily as a vehicle to spread and promote commercial
banking interests. The belief that they are necessary to economic
stability has been disproved with every passing crisis.
Again, we can only glean this with the benefit of hindsight.
Without it, were at a loss to explain why the public believes we
need central banks. Or, more to the point, why we believe
commercial banks are in fact too big to fail.
Such is the power of acquired belief. Once ingrained, it blunts
all rational thinking.
All of which is to say that many of us are blind to the
manipulations were subjected to. We fail to recognise that
widely-held beliefs are often the end product of much backroom