by MICHAEL MAHARREY It appears somebody at the Federal Reserve has figured out that the central bank can’t tame inflation, so it’s setting up a scapegoat – Uncle Sam. A paper co-authored by Leonardo Melosi of the Federal Reserve Bank of Chicago and John Hopkins University economist Francesco Bianchi and published by the Kansas City Federal Reserve argues that central bank monetary policy alone can’t control inflation.
Easy fix: 1) cut government spending in half; 2) cut taxes in half; 3) DRILL BABY DRILL (and refine). Since the “adults” are in charge none of these things will happen so the pain will be immense. Recession will become depression and the “solutions” will do more harm than doing nothing (just like the Great Depression) Welcome to the Neo-Fascist Technocratic Eugenicist Dark Age.
We're between a rock and a hard-place on this one.
We're swamped in the Global Elites' Company Store Company money system. The primary reason why most modern "wealth" exists, is because it exists in THEIR system. This is why the professions that help them pull off their satanic agenda pay the most, they reward those that assist them.
We're too bright to figure that out tho.
Defense, Government, Medical Industry, Law/"Justice,", etc.
The markets are also made up almost exclusively with their corporate interests, the ones all ultimately owned by Blackrock, State Street, & Vanguard.
We expect to retain that "wealth," in whatever form it comes in, whether it be investments, income, retirement savings, pensions (particularly), etc.
We have a choice to make if we want to survive this. If we choose their Company system, then that's what we'll get and we'll never break free.
If, on the OTHER hand, we want to break free, then we need to break free from that terminally (all but literally) oppressive system.
But right now people have made their choice. King Saul, or God directly. We're choosing King Saul by virtue of the fact that we prefer to worship mammon, not God. Christ told us that we cannot do both. It's also why he said that it's more difficult for a rich man to enter the kingdom of God, which is here on earth at the moment. The love of mammon/money precludes that.
Buckle up for all the UBI baby, UBI baby talk to come in the next few months.
This opens the gate, sets the clock or at least tells everyone paying attention, its 9-15mths count down. Unless powers that be change their minds, or people see through the BS on why a UBI will be very, very, VERY BAD!
Thanks for posting. It strikes me funny in that this paper is saying that the fed can't control inflation because the federal government is spending too much money and the fed is inflating the money supply in response - so the fed can't stop price inflation! No kidding, thanks for letting us know, guys at the fed who figured out that the fed creates inflation.
“The global economy was facing the worst collapse since the second world war as coronavirus began to strike in March, well before the height of the crisis, according to the latest Brookings-FT tracking index. “The index comes as the IMF prepares to hold virtual spring meetings this week, when it will release forecasts showing the deepest contraction for the global economy since the 1930s great depression. FT.comhttps://archive.ph/UUfl2
Question for SmartGuy. Early on I listened to a talk you did with someone I cannot remember who, responding to the news that the Feds would be raising interest rates. As i can best remember, you stated that the Feds would not raise interest rates, or if they do, it would just be once, or in your words, "one and done". After that initial raise, I told told people, no they will not raise again. But they have, again and again. Have I misremembered? If I have not, would you comment on this subject?
An essential piece to the collapse we're in the midst of. Get ready.
Easy fix: 1) cut government spending in half; 2) cut taxes in half; 3) DRILL BABY DRILL (and refine). Since the “adults” are in charge none of these things will happen so the pain will be immense. Recession will become depression and the “solutions” will do more harm than doing nothing (just like the Great Depression) Welcome to the Neo-Fascist Technocratic Eugenicist Dark Age.
Excellent analysis. You clearly have a finance background:)
We're between a rock and a hard-place on this one.
We're swamped in the Global Elites' Company Store Company money system. The primary reason why most modern "wealth" exists, is because it exists in THEIR system. This is why the professions that help them pull off their satanic agenda pay the most, they reward those that assist them.
We're too bright to figure that out tho.
Defense, Government, Medical Industry, Law/"Justice,", etc.
The markets are also made up almost exclusively with their corporate interests, the ones all ultimately owned by Blackrock, State Street, & Vanguard.
We expect to retain that "wealth," in whatever form it comes in, whether it be investments, income, retirement savings, pensions (particularly), etc.
We have a choice to make if we want to survive this. If we choose their Company system, then that's what we'll get and we'll never break free.
If, on the OTHER hand, we want to break free, then we need to break free from that terminally (all but literally) oppressive system.
But right now people have made their choice. King Saul, or God directly. We're choosing King Saul by virtue of the fact that we prefer to worship mammon, not God. Christ told us that we cannot do both. It's also why he said that it's more difficult for a rich man to enter the kingdom of God, which is here on earth at the moment. The love of mammon/money precludes that.
The choice is ours, but we cannot have both.
Buckle up for all the UBI baby, UBI baby talk to come in the next few months.
This opens the gate, sets the clock or at least tells everyone paying attention, its 9-15mths count down. Unless powers that be change their minds, or people see through the BS on why a UBI will be very, very, VERY BAD!
👍🏻
Thanks for posting. It strikes me funny in that this paper is saying that the fed can't control inflation because the federal government is spending too much money and the fed is inflating the money supply in response - so the fed can't stop price inflation! No kidding, thanks for letting us know, guys at the fed who figured out that the fed creates inflation.
“The global economy was facing the worst collapse since the second world war as coronavirus began to strike in March, well before the height of the crisis, according to the latest Brookings-FT tracking index. “The index comes as the IMF prepares to hold virtual spring meetings this week, when it will release forecasts showing the deepest contraction for the global economy since the 1930s great depression. FT.com https://archive.ph/UUfl2
Collapse Imminent: https://thephilosophicalsalon.com/a-self-fulfilling-prophecy-systemic-collapse-and-pandemic-simulation/
The Illusion of Stability, the Inevitability of Collapse http://charleshughsmith.blogspot.com/2021/09/the-illusion-of-stability-inevitability.html
Question for SmartGuy. Early on I listened to a talk you did with someone I cannot remember who, responding to the news that the Feds would be raising interest rates. As i can best remember, you stated that the Feds would not raise interest rates, or if they do, it would just be once, or in your words, "one and done". After that initial raise, I told told people, no they will not raise again. But they have, again and again. Have I misremembered? If I have not, would you comment on this subject?
lots of doom and gloomers have been predicting collapse ... like forever ...
Got news for you - not in this country, not in your lifetime.
maga!!