Who Controls The Global Economy? Do Not Underestimate The Power Of The Big BanksMichael Snyder But the truth is that the Federal Reserve was established by the bankers and for the benefit of the bankers. As you will see below, at the very core of the global economy there exists a super-entity of financial institutions that control an almost unimaginable amount of wealth and power. These financial institutions and the ultra-wealthy individuals behind them are really the ones that are pulling all the strings. In this world money equals power, and the borrower is the servant of the lender. When you follow the pyramid all the way to the top, it begins to become very clear who really is in control. In business schools all over America today, instead of dreaming of starting new businesses and contributing something positive to society, most business students are dreaming of going to Wall Street and getting rich. But Wall Street doesnt actually create or build anything of value for society. Instead, the bankers make most of their profits by essentially pushing money and paper around. But just because they arent adding much value to society does not mean that these big banks are not extremely powerful. In fact, anyone that underestimates that power of these monolithic financial institutions is being quite foolish. A team of researchers at the Swiss Federal Institute of Technology in Zurich studied the relationships between 37 million companies and investors worldwide, and what they found was absolutely stunning. What they discovered is that there is a super-entity of just 147 very tightly knit companies that controls40 percent of the entire network So exactly who are the companies that are at the core of this super-entity? Well, almost all of them are banks or financial institutions. The following is a list of the 50 most connected companies from the study, and the notes in parentheses are from Chris Martenson 1. Barclays plc Are you starting to get the idea? The global economy truly is completely dominated by banks and other financial institutions. You can read the rest of their letter right here. This week, Goldman Sachs has been facing allegations that it has cost American consumers billions of dollars by manipulating the price of aluminum. The following is from an article that was postedon CNBC If that sounds shady to you, that is because it is shady. But as the big banks continue to gain even more power in our society, this kind of thing will become even more common. So what can we do about it? Not much. Do you think that the media will tell us the truth about all of this? I wouldnt count on it. At this point, there are just six giant media corporations that control more than 90 percent of the news and entertainment that you see on your television. And those six giant media corporations are very hesitant to do anything that will damage their corporate owners or their corporate advertisers. Do you think that our politicians will do anything about all of this? I wouldnt count on it. In national elections, the candidate that raises more money wins more than 80 percent of the time. Our politicians know where their bread is buttered, and as history has shown most of them are very good to the guys with the big checkbooks. As I said at the top of this article, money is power, and according to a report that was released last summer, the global elite have up to 32 TRILLION dollars stashed in offshore banks around the globe. The global economy belongs to them. We are just living in it. But hopefully if enough people start waking up, someday we will see some significant changes. One of my favorite musical artists of all-time, Michael W. Smith, once wrote a song that contained the following lyrics Will the people of the world ever get sick and tired of the overwhelming power of the big banks and start demanding changes? That is a very good question. Please feel free to share what you think by posting a comment below This article first appeared here at the Economic Collapse Blog. Michael Snyder is a writer, speaker and activist who writes and edits his own blogs The American Dream and Economic Collapse Blog. Follow him on Twitter here. 