While I know you’re not a fan of crypto, I think many folks would benefit from reading the first few chapters of The Bitcoin Standard. It does a great job of explaining what “money” actually is, and how a century of political chicanery has lead us to this precipice of fiat failure. Inflation isn’t misunderstood by those in power, it’s abused purposely for greed and increased power. A return to the gold standard would rob them of this advantage, and they know it.
There are still so many people that don't care, or maybe don't want to, because even an explanation like this is too complicated for them and they don't want to try. Until there is a vast majority of people united (unlikely after all we saw in 2020) that the fed and Congress have royally screwed everyone's personal finances, I don't see much happening until prices become beyond inflated.
So, here is the solution for many things, and the answers to a few unasked questions.
First, THERE IS NO SUCH THING AS INFLATION. Inflation is a propaganda term concocted by Ashkenazi tribal bankers to cover their "fractional reserve lending" tracks.
It gets CHEAPER to produce and distribute goods over time, NOT MORE EXPENSIVE. Thus, inflation MUST BE FALSE. What you have been fooled into calling "inflation" (don't blame US BANKERS! Things are MORE EXPENSIVE! lol, no.) is actually the DEVALUATION OF YOUR CURRENCY.
For information on this, please see the Protocols of the Learned Elders of Zion.
The SOLUTION is to ABOLISH THE FEDERAL RESERVE BANK, and return the control of the printing and issuance of currency TO THE CONGRESS WHERE IT BELONGS. Then re-establish our money as something that is NOT AN INSTRUMENT OF DEBT, BUT RATHER AN INSTRUMENT OF COMMERCE. This single act will remove USURY from the FOUNTAIN HEAD OF OUR MONEY SUPPLY, and restore prosperity in this country.
Sound money, printed and issued by congress, backed by precious metals (SILVER, ideally) IS HOW YOU ESTABLISH A MONETARY SYSTEM. What we have is a fiat money ponzi scheme masquerading as a financial system. The US dollar is literally a DEBT PYRAMID. The more you print to dig yourself out of debt, the more in debt you get. By matter of FACT, it is IMPOSSIBLE TO ELIMINATE THE "NATIONAL DEBT" WHILE THE FEDERAL RESERVE BANK EXISTS!!!!
There are 3 things they don't want you to know about:
Ok, I’ll bite. How DO we sidestep this reset/dollar collapse? Gold - check. Bitcoin - check. Real estate - check. But these are only a small portion of my assets. Most of the rest is in “cash” with about 40% in equities. I’ve moved more than half to cash to sidestep the crashing of an overvalued market but then I’m subject to inflation. I would love to go buy more land but at these prices I’m afraid now isn’t the right time. Meanwhile the markets keep going up and I continue to underperform. But hey, at least I sleep at night (and so does my family).
One way to reduce the severity of the coming inflation, is to reduce the size of the population. A sobering thought, in light of experimental vaccines, huh?
"The Secrets of the Federal Reserve: The London Connection" is a must read. The US lost financial independence well before we were taken off the Gold Standard. The banking cartel has ended many a President, and made many attempts on many other Presidents.
Sorry to say I'm totally ignorant about how monetary policy works, as ignorant as many are about my field (health care). Is there an article you could point me to to help me understand about how central banks work, what is the function of the Federal Reserve, and how QE works? Thank you.
So "the end is coming," is a theme going back to the beginning. Jesus saw "the Kingdom of God" as being in the near future and on and on it has gone for civilization in general ever since. Billy Graham used to preach regularly.
Will this inflation be like the 70's and 80's or like Germany in 1923 or the Confederacy in 1865? Some more exact predictions would be more helpful. This is where one seems to be saying something while actually saying nothing. For a more scholarly analysis of the current spike in inflation see Dean Baker or Paul Krugman.
I am when of those who was introduced to the workings of the financial system thanks to the gateway drug of Bitcoin. I am a firm believer in the possibility it holds. Any of the arguments I hear against it I feel can be applied to any asset. Gold is analog economic technology, and the world is increasingly being digitized. I'm sure you are aware of all the arguments for Bitcoin, and I won't go over them again, but so many smart people, way smarter then me see it's possibility and they all can't be wrong. But that being said I am open to any outcome.
Inflation Is The Kryptonite That Will End Our Decades-Long Monetary Policy Ponzi Scheme
While I know you’re not a fan of crypto, I think many folks would benefit from reading the first few chapters of The Bitcoin Standard. It does a great job of explaining what “money” actually is, and how a century of political chicanery has lead us to this precipice of fiat failure. Inflation isn’t misunderstood by those in power, it’s abused purposely for greed and increased power. A return to the gold standard would rob them of this advantage, and they know it.
While it seems the fed may have painted themselves into a corner, make no mistake it is intentional. This inflation is all by design, I’ve seen this movie before …. https://bagholder.substack.com/p/creating-generational-wealth
#VaxPass + #CBDC = #serfdom
There are still so many people that don't care, or maybe don't want to, because even an explanation like this is too complicated for them and they don't want to try. Until there is a vast majority of people united (unlikely after all we saw in 2020) that the fed and Congress have royally screwed everyone's personal finances, I don't see much happening until prices become beyond inflated.
So, here is the solution for many things, and the answers to a few unasked questions.
First, THERE IS NO SUCH THING AS INFLATION. Inflation is a propaganda term concocted by Ashkenazi tribal bankers to cover their "fractional reserve lending" tracks.
It gets CHEAPER to produce and distribute goods over time, NOT MORE EXPENSIVE. Thus, inflation MUST BE FALSE. What you have been fooled into calling "inflation" (don't blame US BANKERS! Things are MORE EXPENSIVE! lol, no.) is actually the DEVALUATION OF YOUR CURRENCY.
For information on this, please see the Protocols of the Learned Elders of Zion.
The SOLUTION is to ABOLISH THE FEDERAL RESERVE BANK, and return the control of the printing and issuance of currency TO THE CONGRESS WHERE IT BELONGS. Then re-establish our money as something that is NOT AN INSTRUMENT OF DEBT, BUT RATHER AN INSTRUMENT OF COMMERCE. This single act will remove USURY from the FOUNTAIN HEAD OF OUR MONEY SUPPLY, and restore prosperity in this country.
Sound money, printed and issued by congress, backed by precious metals (SILVER, ideally) IS HOW YOU ESTABLISH A MONETARY SYSTEM. What we have is a fiat money ponzi scheme masquerading as a financial system. The US dollar is literally a DEBT PYRAMID. The more you print to dig yourself out of debt, the more in debt you get. By matter of FACT, it is IMPOSSIBLE TO ELIMINATE THE "NATIONAL DEBT" WHILE THE FEDERAL RESERVE BANK EXISTS!!!!
There are 3 things they don't want you to know about:
1: Money systems
2: Government and Law
3: Your own sovereignty.
ZeroHedge deleted by post : https://genzconservative.com/the-federal-reserve-for-dummies/#_ftn3 FEDERAL RESERVE FOR DUMMIES
Ok, I’ll bite. How DO we sidestep this reset/dollar collapse? Gold - check. Bitcoin - check. Real estate - check. But these are only a small portion of my assets. Most of the rest is in “cash” with about 40% in equities. I’ve moved more than half to cash to sidestep the crashing of an overvalued market but then I’m subject to inflation. I would love to go buy more land but at these prices I’m afraid now isn’t the right time. Meanwhile the markets keep going up and I continue to underperform. But hey, at least I sleep at night (and so does my family).
One way to reduce the severity of the coming inflation, is to reduce the size of the population. A sobering thought, in light of experimental vaccines, huh?
"The Secrets of the Federal Reserve: The London Connection" is a must read. The US lost financial independence well before we were taken off the Gold Standard. The banking cartel has ended many a President, and made many attempts on many other Presidents.
Right on
Sorry to say I'm totally ignorant about how monetary policy works, as ignorant as many are about my field (health care). Is there an article you could point me to to help me understand about how central banks work, what is the function of the Federal Reserve, and how QE works? Thank you.
Great post. This, and the Jacobin article recommended by Trader Ferg have an odd synchronicity:
https://education-ny.blogspot.com/2022/01/fake-finance-fake-money.html
https://www.amazon.com/InterConnect-1-0-Message-Nightfall-Airships/dp/1977222234/ref=tmm_pap_swatch_0?_encoding=UTF8&qid=1643383344&sr=8-1
Thank you great post.
So "the end is coming," is a theme going back to the beginning. Jesus saw "the Kingdom of God" as being in the near future and on and on it has gone for civilization in general ever since. Billy Graham used to preach regularly.
Will this inflation be like the 70's and 80's or like Germany in 1923 or the Confederacy in 1865? Some more exact predictions would be more helpful. This is where one seems to be saying something while actually saying nothing. For a more scholarly analysis of the current spike in inflation see Dean Baker or Paul Krugman.
I am when of those who was introduced to the workings of the financial system thanks to the gateway drug of Bitcoin. I am a firm believer in the possibility it holds. Any of the arguments I hear against it I feel can be applied to any asset. Gold is analog economic technology, and the world is increasingly being digitized. I'm sure you are aware of all the arguments for Bitcoin, and I won't go over them again, but so many smart people, way smarter then me see it's possibility and they all can't be wrong. But that being said I am open to any outcome.