If there are any doubts left the the privately owned Federal Reserve central bank is the enemy of freedom, here is the current chairman admitting in 2012 to the very crimes now playing out in 2023: The Powell quote from the above tweet: In other words, the strategy is to blow up the economy and impoverish the debt-slave tax mules.
The delusion that you can paper-over losses for ever is childish. “I always lose a fortune gambling. Good thing I have a high limit on my credit card so that I’m not exposed to the losses.”
Even if it’s someone else’s credit card, sooner or later they’re going to come after you. And they’re not going to be happy.
As the authorities forced society to put on masks, they are casually taking theirs off to reveal themselves as degenerate, power-hungry control freaks.
Thank you! Central Banks' intended Digital Currencies will mean absolute control of OUR money ... How much we can spend ... How we can spend ... CBDCs are as if a Chip were injected throughout humanity from a source far-removed from our choice. 99.5% of Nigerians said: No. Please see, for a round-up of Banks' COVID-era crimes and for 250 years of precedents--https://donpaul.substack.com/p/cbbcs-are-banksters-coup-de-grace
The Central Banks are only responding to this - if they don't civilization collapses just after the turn of the century:
SEE PAGE 59 - THE PERFECT STORM : The economy is a surplus energy equation, not a monetary one, and growth in output (and in the global population) since the Industrial Revolution has resulted from the harnessing of ever-greater quantities of energy. But the critical relationship between energy production and the energy cost of extraction is now deteriorating so rapidly that the economy as we have known it for more than two centuries is beginning to unravel https://ftalphaville-cdn.ft.com/wp-content/uploads/2013/01/Perfect-Storm-LR.pdf
Here's an update on current position from the author (retired head of research for a global energy trading firm) -- essentially the Central Banks are about to start pushing on a string:
The Everything Crisis
THE ANATOMY OF A SUPER-BUST
Introduction
Even the most cursory glance at economic and financial history will reveal a litany of bubbles and booms, crashes and crises. We’ve seen numerous instances of speculative manias, real estate bubbles, market collapses and banking crises. Even the dot-com bubble of 1995-2000 wasn’t really ‘a first’, since there’s at least one previous instance – the Railway Mania of the 1840s – of the public being blinded to reality by the glittering allure of the latest vogue in technology.
You’d be wrong, though, if you concluded that “there’s nothing new under the Sun” about what we’re experiencing now. The coming crunch – for which the best shorthand term might be ‘the everything crisis’ – sets new precedents in at least two ways.
First, it’s unusual for all of the various forms of financial crises to happen at the same time. Even the global financial crisis (GFC) of 2008-09 wasn’t an ‘everything crisis’. Now, though, it’s quite possible that we’re experiencing the start of a combined stock, property, banking, financial, economic and technological crisis, with ‘everything happening at once’.
Second, all previous crises have occurred at times when secular (non-cyclical) economic growth remained feasible. This enabled us to ‘grow out of’ these crises, much as youngsters ‘grow out of’ childhood ailments.
No such possibility now exists.
The true story of modern economic and financial history involves, on the one hand, the ending and reversal of centuries of economic expansion and, on the other, an absolute refusal to come to terms with this reality.
What follows is an attempt to tell that story as briefly as possible.
The Parasite cries out in fear of decentralized money as it mobilizes its remaining power to enslave its host peoples forever via monopoly centralized revocable money.
So.......where is the next level decentralisation happening? For every action there is an equal and opposite reaction.....only nature controls serendipity.
The strength or weakness of a society
depends more on the level of its spiritual
life than on its level of industrialization.
Neither a market economy nor even general abundance
constitutes the crowning achievement of human life.
If a nation's spiritual energies have been exhausted,
it will not be saved from collapse by the most perfect
government structure or by any industrial development.
A tree with a rotten core cannot stand.
Aleksander Solzhenitsyn
Source:
https://www.youtube.com/watch?v=xEyAjwr-LE4
or
https://www.azquotes.com/quote/899463
The delusion that you can paper-over losses for ever is childish. “I always lose a fortune gambling. Good thing I have a high limit on my credit card so that I’m not exposed to the losses.”
Even if it’s someone else’s credit card, sooner or later they’re going to come after you. And they’re not going to be happy.
Why is it that nobody talks about the Federal Reserve Act of 1913 and the founding of the IRS at the same time?
https://rayhorvaththesource.substack.com/p/you-are-a-collateral-your-money-exists
Gold makes no difference at this point:
https://rayhorvaththesource.substack.com/p/where-is-americas-gold-and-why-does
Circumventing the CBDC is a pipe dream:
https://rayhorvaththesource.substack.com/p/circumventing-the-cbdc
There is not enough pushback on this or any other horrible thing happening or in the works.
Yep. Money is the scam.
https://alilybit.substack.com/p/money-the-biggest-scam-ever-invented
As the authorities forced society to put on masks, they are casually taking theirs off to reveal themselves as degenerate, power-hungry control freaks.
Thank you! Central Banks' intended Digital Currencies will mean absolute control of OUR money ... How much we can spend ... How we can spend ... CBDCs are as if a Chip were injected throughout humanity from a source far-removed from our choice. 99.5% of Nigerians said: No. Please see, for a round-up of Banks' COVID-era crimes and for 250 years of precedents--https://donpaul.substack.com/p/cbbcs-are-banksters-coup-de-grace
Yet for months the stock market just goes up just about every day. Crazy stuff.
The Central Banks are only responding to this - if they don't civilization collapses just after the turn of the century:
SEE PAGE 59 - THE PERFECT STORM : The economy is a surplus energy equation, not a monetary one, and growth in output (and in the global population) since the Industrial Revolution has resulted from the harnessing of ever-greater quantities of energy. But the critical relationship between energy production and the energy cost of extraction is now deteriorating so rapidly that the economy as we have known it for more than two centuries is beginning to unravel https://ftalphaville-cdn.ft.com/wp-content/uploads/2013/01/Perfect-Storm-LR.pdf
Here's an update on current position from the author (retired head of research for a global energy trading firm) -- essentially the Central Banks are about to start pushing on a string:
The Everything Crisis
THE ANATOMY OF A SUPER-BUST
Introduction
Even the most cursory glance at economic and financial history will reveal a litany of bubbles and booms, crashes and crises. We’ve seen numerous instances of speculative manias, real estate bubbles, market collapses and banking crises. Even the dot-com bubble of 1995-2000 wasn’t really ‘a first’, since there’s at least one previous instance – the Railway Mania of the 1840s – of the public being blinded to reality by the glittering allure of the latest vogue in technology.
You’d be wrong, though, if you concluded that “there’s nothing new under the Sun” about what we’re experiencing now. The coming crunch – for which the best shorthand term might be ‘the everything crisis’ – sets new precedents in at least two ways.
First, it’s unusual for all of the various forms of financial crises to happen at the same time. Even the global financial crisis (GFC) of 2008-09 wasn’t an ‘everything crisis’. Now, though, it’s quite possible that we’re experiencing the start of a combined stock, property, banking, financial, economic and technological crisis, with ‘everything happening at once’.
Second, all previous crises have occurred at times when secular (non-cyclical) economic growth remained feasible. This enabled us to ‘grow out of’ these crises, much as youngsters ‘grow out of’ childhood ailments.
No such possibility now exists.
The true story of modern economic and financial history involves, on the one hand, the ending and reversal of centuries of economic expansion and, on the other, an absolute refusal to come to terms with this reality.
What follows is an attempt to tell that story as briefly as possible.
https://surplusenergyeconomics.wordpress.com/2023/03/13/251-the-everything-crisis/
Nope no doubts.
No Doubts Here.
https://genearly.substack.com/p/time-for-home-banking-similar-to?sd=pf
just waiting and watching from the Appalachian Redoubt as the low landers go crazy, as usual.
The Parasite cries out in fear of decentralized money as it mobilizes its remaining power to enslave its host peoples forever via monopoly centralized revocable money.
Don't worry, REAL Marxists aren't allowed anywhere near our federal gov't, & the only wealth-redistribution it allows is UPWARD, as explained here: https://deanbaker.net/images/stories/documents/cnswebbook.pdf and here: https://www.opednews.com/articles/By-What-Means-Have-Income-by-Richard-Clark-Productivity_Unemployment_Wealth-Concentration_Wealth-Poverty-Class-140816-459.html . Marx defined socialism as democracy in the workplace--you know, the place where most working stiffs spend most of their waking hours: https://www.youtube.com/watch?v=ysZC0JOYYWw
Socialise the losses and privatise the profits. Great deal if you can get it.
They used to call it a racket and they still do so where are the old fashioned Feds like Eliot Ness to arrest them?
Thanks 2nd. FedNow Service. The thin end of the wedge to open the crack wider. To slide CBDC through.
So.......where is the next level decentralisation happening? For every action there is an equal and opposite reaction.....only nature controls serendipity.