What about the Financial Media’s Role in Fake News?

Financial Media & Influence Marketers, One in the Same?

 

If you think the mainstream media has a problem take a look at the financial media.  They are operating a legal license to fleece individual investors.

Think of the financial media as “Influence Marketers”. The definition of Influencer Marketing: a form of marketing in which focus is placed on specific key individuals (or types of individual) rather than the target market as a whole. It identifies the individuals that have influence over potential buyers and orients marketing activities around these influencers.   These third parties exist either in the supply chain (retailers, manufacturers, etc.) or may be so-called value-added influencers (such as journalists, academics, industry analysts, professional advisers, and so on).

So if CNN or any news outlet can sway opinion or spin the news in a way that would benefit the Democratic Party or any Party, candidate or cause, do you think the financial media is marching on any higher ground?  The answer is NO.

We are living in the midst of the greatest full-court press of lies and propaganda in human history. Reality has been turned on its head. Black is white. Left is right. Up is down. The so-called “news” media is engaged in pushing false narratives, blatant lies, and deliberate misinformation. Nowhere is this more evident than in the financial media.

Fake Financial media reporting is costing you money

If you listen to the media, most likely it is costing you hundreds of thousands of dollars in lost money at a minimum over the course of your lifetime. The deceit, lies and useless guidance from the financial media certainly is a large contributor of these losses to the sheeple that pay attention.

But a good deal of lost wealth comes in the form of excessive consumerism which the media seeks to impose on its audience. You aren’t going to know that you’re being brainwashed or that you have lost $1 million or $2 million over your lifetime due to the media, but I can guarantee you that with rare exception this is the reality for those who are naïve enough to waste time on the media.

Why does the media lie?  

The goal of the media is NOT to serve its audience because the audience does NOT pay the bills.

The goal of the media is to please its sponsors or the companies that spend huge dollars buying ads, and in order for companies to justify these expenses, they need the media to represent their cause. The media does this by airing idiots and con men who mislead and confuse their audience.

By engaging in “journalistic fraud,” the media steers its audience into the arms of its advertisers because the audience is now misled and confused, so in the case of the financial media, it seeks the assistance of Wall Street brokerage firms, mutual funds, insurance companies, precious metals dealers. This is why advertisers pay big money to be promoted in the financial media.

 

So the next time you hear the next big thing like “Internet of Things” or “Machine Learning” or “insert technology of your choice here”, and how said “next big thing” is going to topple the “last big thing” leaving all “last big thing” shareholders or users in a land of economic waste while the “next big thing” is clearly going to dominate and how ignorant you are for not knowing this already.