“No evidenced policy under DOGE or the administration forced major financial institutions to fail as a “restoration” measure.”
Nor was any indicated. “To Big To Fail” was “enacted” in the 2008 crunch, and there is absolutely an assumption by institutions that, per the unspoken actual purpose of the FED, they will be either continuously bailed out OR some type of financial “restructuring” will occur. The FEDs purpose in the end is to facilitate the amalgamation of banking profits and foist ALL losses and failures upon the taxpayers (and depositors). How’d that turn out for Greece and their version (off the top of my head)?
Deflation doesn’t have to be a “gradual” occurrence. The moment that X of the 2 orders of magnitude of paper contracts out on silver over the existing physical defaults on delivery there will be a deflationary event in those paper contracts values.
There is a massive allotment of value of “things” that are at prices completely unrealistic to what the American Economic Unit of a single nuclear family can currently afford and it is not because there is a real shortage of many of those things. Houses? Vacuumed up by institutions. Healthcare? Bloated to the breaking point for that unit by fraud corruption, mismanagement and government meddling, et.al.
From Overview
“the statement’s claims are heavily exaggerated, alarmist, and not supported by economic evidence”
Tell me how the cashflow involved with all of the fraud and crime in...
Healthcare
USAID
NGOs
Daycares
Transportation
Metals Markets
Mortgages/Home finance
Insurance
Human Trafficking
Drug Trafficking
et.al.
Gets removed without creating a deflationary or otherwise chaotic event? Go ahead and throw in some euphoric overvaluations if we need some extra, like AI and associated data (individual profile matrix storage) centers.
An “Alarmist” statement is claim wherein we rightfully clean this Augean stables volume of s*** up but without any type of sweat or difficulty. One has to wonder how much the “Optimization time” of the worlds nascent AIs might be impaired by such an event stream, and how much it is in their interest to keep the wheels rolling on the Poo Cart...
I Personally think we’re going to do it successfully AND I think that people who are REALLY invested in the concept of the American Republic and its Constitution will appreciate it, suck it up, and prosper on the other side! :-)
I like your prognosis, FRiend.