“On a different and higher register to these machinations, the world’s most powerful elites really have recently pulled off the greatest confidence trick of the century in demanding that the public pay off the debts left behind by the banker-led implosion of the world economy. Stating that ‘reckless spending’ rather than the neoliberal casino economic model is the cause of our current debts and deficits is a straightforward lie; believed because repeated often and loudly enough. This doesn’t require a conspiracy – just a supplicant and acquiescent media. It does however make it easier to understand the belief of how mass falsehoods could take hold.”
This is not the most representative paragraph of the linked essay, but it’s the one I thought most needed to be repeated.