Our top export? Fraud!

In real dollars (such as they are), our top export may be fraud!
Note the equivalence to counterfeiting, and the quote from an actual counterfeiter.
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There is a rational explanation why the public still grants a great deal of validity to the opinions of people I like to call the “men who cried wolf” – Ben Bernanke, Timothy Geitner, Gordon Brown, Alan Greenspan, et al.
The explanation is that the fastest growing export of the Western banking industry is fraud. This is not to say that the eastern banking industry is not guilty of this same fraud. Off the top of my head and from what I have see in my travels through Asia, I can think of at least three real estate markets in the Pacific Rim region that are bubbles waiting to burst – New Zealand, Thailand, and Hong Kong. If you study the Central Banking monetary policies in these countries in recent years, their present real estate bubbles are undoubtedly the architectural accomplishment of their respective Central Banks as well. However, the roots of this global monetary crisis lie with the most influential Central Banks in the world that include the ECB, the Bank of England and the US Federal Reserve....

This from a convicted counterfeiter:

 "These ‘experts’ will tell you that the present difficulties are simply the result of abuses and excesses in a system that is basically sound. All that is required is for some faults to be corrected. Do not believe them. The reality is that the problem is systemic and a little tinkering here or there will achieve nothing in the long term. What is needed is a root-and-branch re‑evaluation of that most curious of cultural inventions, money: how it is created, how it circulates, and how it can best be used to serve the interests of the community.”....

This is a powerful statement that should lead the majority of the world’s citizens to engage in some serious introspection. There is more truth in that statement than any statement I’ve heard in the last decade issued by any global banker, politician, or the latest Nobel-prize winning economist with whom the media is enamored. If you take the time to understand how money is created, how it circulates, and how it can best be used to serve the interests of the community, I guarantee you will immediately question the integrity of every derivative of our monetary system from carbon credits and taxes to mortgages to credit cards. If a convicted felon understands more about how our monetary system operates than 99% of all Congressman and even Nobel laureates in economics, let alone the common citizen, then we need to not only question why this is, but we also need to ask the following question:

“Who controls [aka manufactures] the flow of information so expertly that we now have a grotesque imbalance between the understanding of reality and the acceptance of fantasy?”

http://seekingalpha.com/article/192440-fraud-the-western-banking-industry-s-fastest-growing-export?source=email