Posted on 06/18/2022 4:56:35 AM PDT by blam
They need to make us hurt to buy EV’s, buy into climate change, become dependent on them for more stimulus funds for food, gas cards(they are talking about that now). I read comments on different forums, people still believe Biden and Dems and it’s all Trump’s fault, it’s Ukraine and Russia, big oil greed. People hate capitalism, hate CEO’S, etc.
(From the article): " It was only a matter of time before the to forces of deflation and inflation met in the middle to create stagflation.
In my article ‘Infrastructure Bills Do Not Lead To Recovery, Only Increased Federal Control’, published in April of 2021, I stated that:
“Production of fiat money is not the same as real production within the economy…
Trillions of dollars in public works programs might create more jobs, but it will also inflate prices as the dollar goes into decline.
So, unless wages are adjusted constantly according to price increases, people will have jobs,
but still won’t be able to afford a comfortable standard of living.
This leads to stagflation, in which prices continue to rise while wages and consumption stagnate.
Another Catch-22 to consider is that if inflation becomes rampant, the Federal Reserve may be compelled (or claim they are compelled)
to raise interest rates significantly in a short span of time.
This means an immediate slowdown in the flow of overnight loans to major banks, an immediate slowdown in loans to large and small businesses,
an immediate crash in credit options for consumers, and an overall crash in consumer spending.
You might recognize this as the recipe that created the 1981-1982 recession, the third-worst in the 20th century.
In other words, the choice is stagflation, or deflationary depression.”
It’s clear today what the Fed has chosen. It’s important to remember that throughout 2020 and 2021 the mainstream media,
the central bank and most government officials were telling the public that inflation was “transitory.”
Suddenly in the past few months this has changed and now even Janet Yellen has admitted that she was “wrong” on inflation.
This is a misdirection, however, because the Fed knows exactly what it is doing and always has. Yellen denied reality, but she knew she was denying reality.
In other words, she was not mistaken about the economic crisis, she lied about it."
As I outlined last December in my article ‘The Fed’s Catch-22 Taper Is A Weapon, Not A Policy Error’:"
(The article then continues with discussion about:
The Fed Will Hike Interest Rates More Than Expected, But Not Enough To Stop Inflation
Markets Will Crash And Unemployment Will Abruptly Spike
Price Controls : Price controls actually lead to a reduction in supply because they remove all profits and thus all incentive for manufacturers to keep producing goods.
Rationing : Rationing is not only about controlling the supply of necessities and thus controlling the population by proxy;
it is also about creating an atmosphere of blame and suspicion within the public and getting them to snitch on or attack anyone that is prepared.
Prepared people represent a threat to the establishment, so expect to be demonized in the media and organize with other prepared people to protect yourself."
"Be Ready, It Only Gets Worse From Here On ")
H/T to Blam and Jane Long !
They’re wealthy, so they can handle the shock of a degenerating dollar better than the rest of us. They might also have an out overseas in case things get too dicey.
I sincerely hope you’re right.
Incompetence is one of the major causes of Stagflation recession depression the latest example is how the Biden and crew logic.
It’s nothing new the democrats tend to stay with the same logic.
Marxism has used the same tools from day one and it’s not about to change.
That means the Great Reset collapses. That is a very good thing.
So is the Great Reset going to collapse?
If it was “incompetence”, they’d occasionally, accidentally, “get it right”.
They never “get it right”.
Therefore, it’s not incompetence.
The monsters who fancy themselves to be our rulers are evil incarnate.
Evil causes incompetence
Evil causes incompetence
>< ><
And overconfidence.
My career choice was banking and I specialized on liability management. As such I had day-to-day contact with the Federal Reserve. It didn't take me long to recognize that if the Fed had to run like a regular bank or any other commercial enterprise independent of governmental protection, it would not have lasted a year before it was forced into, at best, reorganization or, more likely, liquidation.
Almost 200 years ago Andrew Jackson hit the nail on the head… In the early 19th century, the forerunner to the Federal Reserve was the Bank of the United States. When Jackson became president in 1829, he vowed to curb the Bank's power over the national economy, calling the institution “a hydra-headed monster… it impaired the morals of our people, corrupted our statesmen, and threatened our liberty. It bought up members of Congress by the Dozen… and sought to destroy our republican institutions.” Today, many free market economists are saying the same thing about the Fed.—National Blog 2012
Of course it’s going to. It’s started already, just like another megalomaniac German, Klassic Schwab and company have misunderstood what God given freedoms mean to the common man.
Thank God!
Thank you.
Indeed
The dims and rinos believe that they will not be affected by all this intentional destruction.
Bookmarked
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