ChatGPT on Money Laundering-
Money laundering is a process through which illegally obtained funds are made to appear legitimate by passing them through a complex sequence of banking transfers or commercial transactions. The primary purpose of money laundering is to hide the illegal origins of the money, making it difficult for authorities to trace and seize the funds. Here's an overview of the mechanics of money laundering:
Placement: The first step in money laundering is "placement," where the illegal funds are introduced into the financial system. This can be done through various means, such as depositing cash into banks, purchasing assets like real estate or luxury items, or using it for gambling.
Layering: In the "layering" stage, the goal is to create confusion and make it challenging to trace the source of the funds. This involves a series of complex financial transactions, such as wire transfers, buying and selling securities, or moving funds between different accounts. The purpose is to obfuscate the trail of the illicit money.
Integration: The final stage is "integration," where the laundered money is reintroduced into the legitimate economy. This can involve investing in legal businesses, purchasing assets like businesses or properties, or using the funds for legal purposes. The aim is to make the money appear as if it came from legitimate sources.
To further complicate the tracing of funds, money launderers may use offshore accounts, shell companies, and complex financial instruments. They often exploit gaps in regulatory oversight and financial systems to carry out their activities.
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Seems like an exact description of the actions of the US Treasury, central banking and known defense contractors, wars in middle east and Ukraine and the politicians enabling and benefitting from this system.