The great pretending continues in order to protect the Federal Reserve from sunlight upon them. Central banks (U.S. Fed Reserve included) are raising interest rates into a recession, which is specifically against their legislative mandate. Therefore, in order to protect the bankers, the pundits and politicians must deny a recession exists.
Pundit Steve Liesman spins the data, says we need to wait longer, and circles the wagons to protect the policy makers, specifically the White House. Mohamed El-Erian tries to split the baby (02:00 video); while not admitting directly that the economy is in a recession, he states the “economy is weakening much faster than expected.” WATCH:
At a certain point all of this pretending and denial is going to come crashing down. The “economic transition” to a new “green future” they are all pretending not to see as the root cause of the economic collapse, has unavoidable consequences.
The dam is breaking around them and they are running out of fingers and toes to stop the inevitable collapse. Meanwhile the Davos crowd has purchased all the scuba gear and awaits the final outcome.
By claiming there is not a recession, the Federal Reserve can continue taking action that lowers economic activity. The lowering of economic activity drops the use of energy inside the economy. They are managing the economic transition inside the Build Back Better or Green New Deal agenda. They are managing a purposeful decline in economic activity in order to support the energy transition.
The only way the Federal Reserve and central banks can raise interest rates into a recession, is if they deny a recession exists.
That is why they are denying a recession exists.
Biblical Israel learned the hard way many times. There are consequences when a nation turns their back to God.
What fills that void when God is gone….Evil!
Slowly our country has shut out God. Each time we became more morally corrupt and accepting of evil.
IMO, by our own free will this corruption is being permitted by God till we reach our bottom and willing ask for him back.
Just ask a recovery addict what the bottom feels like.
There is a way back! We cannot do it alone. We need a power greater than anything on this earth…..like our creator!
Just ask.
Yes. This is truth. Self-Actualization has become the highest state of being rather than God. Humans keep thinking that they don’t need God. That we are “above” the need for moral rules of behaviour. So look where we are. It always ends up this way when God is banished.
“Biblical Israel learned the hard way many times. There are consequences when a nation turns their back to God.”
But the *nation* didn’t do it.
The *nation* chose (voted) for a BETTER course.
A TINY minority of psychopaths STOLE the election, aided and abetted by domestic traitors and foreign enemies (and supposed ‘allies’).
And we don’t even know how LONG this has been going on, likely for FIFTY YEARS or longer.
So ‘We the People’, i.e., the *nation* did NOT choose this path.
We the People don’t want this path.
This path is being FORCED upon us, without CONSENT, without REPRESENTATION, and AGAINST our WILL.
And God certainly knows that better than anyone.
Edmund Burke said “All that is required for evil to triumph is for good people to do nothing.”
WeThePeople did do something !!!
We re-elected President Trump in a record settling landslide … we immediately demanded a review once it was clear the election was stolen from us … the representatives, the agencies and the systems that exist to protect us – didn’t – including the Supreme Court and the filthy JUDASpence traitor.
Innocent people are rotting in a DC cesspool because they practiced their Constitutional right to gather.
The evil RINORATS are in control – and are protecting their financial interests – nothing more.
What do you suggest?
BULLSEYE!
The corruption of the cancer that permeates the DC area, can only be made well, by destroying it completely.
(The Fed and other Central Banks can’t be) raising interest rates into a recession, which is specifically against their legislative mandate.
So why can they lower rates to ZIRP and NIRP when economies are NOT in a recession?
All natural economic signals have been killed off, as Central Planners control the money supply and credit signals.
Projections Of The Projectionists!!!
The Usurper Joe Biden et al: “We´re not in a recession.”
Correct is: “We´re in a recession.” (Amid foremost the war on energy, government spending, climate change ideology, and regulation/red tape laws to DEATH.)
FJB/LGB
https://www.conservapedia.com/Global_warming
https://www.conservapedia.com/Climategate
LINCOLN’S “GREENBACKS” (AND WHY THAT KILLED HIM)
https://www.doubleuoglobebrand.com/vol11/cn11-34.html
https://thirdworldtraveler.com/Banks/Money_Masters_quotations.html
President Abraham Lincoln: The Government should create, issue, and circulate all the currency and credit needed to satisfy the spending power of the Government and the buying power of consumers. The privilege of creating and issuing money is not only the supreme prerogative of Government, but it is the Government’s greatest creative opportunity. By the adoption of these principles … the taxpayers will be saved immense sums of interest. Money will cease to be master and become the servant of humanity.
Editorial in the London Times about President Lincoln’s issuing of full legal tender Treasury notes (Greenbacks) during the Civil War, 1962-63:
If this mischievous financial policy which has its origin in North America, shall become indurated down to a fixture, then that Government will furnish its own money without cost. It will pay off debts and be without debt. It will have all the money necessary to carry on its commerce. The brains and wealth of all countries will go to North America. That country must be destroyed or it will destroy every monarchy on the globe.
German Chancellor Otto von Bismark:
The death of Lincoln was a disaster for Christendom. There was no man in the United States great enough to wear his boots … I fear that foreign bankers with their craftiness and tortuous tricks will entirely control the exuberant riches of America, and use it systematically to corrupt modern civilization. They will not hesitate to plunge the whole of Christendom into was and chaos in order that the earth should become their inheritance.
Vancouver [Canada] Sun newspaper, May 4, 1934
Gerald Gratton McGreer, a Vancouver Canada lawyer and student of Lincoln still insists there is plenty of evidence to support his conclusion the Great Emancipator was assassinated by agents of the international bankers of the day.
Vancouver [Canada] Sun newspaper, May 4, 1934
Abraham Lincoln, the martyred Emancipator of the Slaves, was assassinated through the machinations of a group representative of the International bankers who feared the United States President’s national credit ambitions – and the plot was hatched in Toronto and Montreal…. There was only one group in the world at that time who could finance anything they cared to attempt without regard to cost, and who had any reason to desire the death of Lincoln. They were the men opposed to his national currency program, and who had fought him throughout the whole of the Civil War on his policy of greenback currency.They were the men interested in the establishment of the Gold Standard money system and the right of the bankers to manage the currency and credit of every nation in the world. With Lincoln out of the way they were able to proceed with that plan, and did proceed with it in the United States. Within eight years after Lincoln’s assassination, silver was demonetized, and the Gold Standard money system set up in the United States.
W. Cleon Skousen:
Right after the Civil War there was considerable talk about reviving Lincoln’s brief experiment with the Constitutional monetary system. Had not the European money-trust intervened, it would have no doubt become an established institution.
Theodore R. Thoren and Richard F. Warner in ‘The Truth in Money Book’ :
The hard times which occurred after the Civil War could have been avoided if the Greenback legislation had continued as President Lincoln had intended. Instead, there were a series of money panics – what we call recessions – which put pressure on Congress to enact legislation to put the banking system under centralized control. Eventually the Federal Reserve Act was passed on December 23, 1913.
Don’t miss that series I told you about. Quigley told us Wall St backed both sides of Communism vs National Socialism. You’ll pick up on who backed which
Considering that we have had fake interest rates for twenty years raising them now is just part of the show. Sure it will hurt the middle class. But they want to get rid of the middle class anyway. Equity and all that. Obama told us and now he is really gonna show us with his latest puppet show.
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IMO It’s the ROT from within that takes the US down.
You can’t fight communism if your elected / selected politicians are owned by communists.
Joe Blow sends our oil to his master in China, and now his master is warning him about Taiwan, and not to play with fire.
https://www.theepochtimes.com/communist-chinese-firm-got-nearly-6-million-barrels-of-us-oil-reserves-through-auction-sale-records-show_4621191.html
https://www.theepochtimes.com/xi-to-biden-us-playing-with-fire-on-taiwan_4627968.html
Strengthen the economy (Main Street) by ending the Fed. There would be stable prices otherwise.
Steve Lies Man talking his book.
The plan is going exactly as they wish. How long until the people get fed up? What will that look like?
I was watching a video of Art Laffer making it Real Simple.
If you raise taxes on a businessman he does less business. If you raise spending on the low-income they work less.
So you could say that the Biden administration is doing everything it can to shrink the economy.
I foresee growth opportunities for the black market.
“The only way the Federal Reserve and central banks can raise interest rates into a recession, is if they deny a recession exists.
That is why they are denying a recession exists.”
Okay, but their objective (Green New Deal BS) is not achievable, under any scenario.
It’s simply not going to happen, any more than elephants flying, because it is not economically feasible and worse, it’s not physically possible.
There is not enough ‘renewable energy’ to replace current power usage, and there is not enough physical materials (silver, zinc, nickel, etc.) to make it happen, and even if there were, it would take exponential output of ‘fossil fuel’ in order to obtain the materials needed to construct a ‘renewable energy grid’ capable of meeting current or future needs.
No policy can change the laws of physics, thermodynamics or basic math.
So the supposed ‘transition’ is not happening, and it’s not *ever* going to happen.
It’s not like being forced to take bad medicine, and we’ll like the results once it’s done, it’s NEVER GOING TO HAPPEN because it’s not possible for it to happen.
And the people DOING this have to KNOW this.
They may pretend like they don’t know it to the public, but they have to KNOW it themselves.
So if no ‘transition’ to renewable energy is EVER going to happen — because it is not *possible* given the incontrovertible Laws of Nature — and they KNOW it’s not ever going to happen…
Then their objective must necessarily be something else.
So what is accomplished if the gov’t, as a matter of POLICY, purposely destroys the economy of the United States, and by extension, the economy of the entire world?
Whatever the answer to that question is, the people DOING it are MONSTERS who make HITLER look good-natured by comparison.
These MONSTERS are intentionally setting about, with premeditation and very much malice aforethought, to destroy the lives of 7+ billion people.
A genocide so vast, that the human mind can barely even grasp it. Most human beings don’t have any experience processing numbers that big.
If the political-class and their multinational corporate masters are openly arranging for the murder of the entire world, how long should the People of the entire world wait, before engaging in lawful self-defense?
It would be so nice to stop beating around the bush, and finally cut to the &^%$ chase.
This guy is a policy wonk. He spends his time at 30k feet looking down on the people.
And when the policies he and others conjure up fail, he and others double down with little regard to the people and their future.
He has no clue how US citizens are gonna react once they understand the debt their leaders have thrust upon them.
When they can’t heat/cool their homes.
How they will react when grocery stores are not full.
When their assets are taken.
Is everything now political, even commonly used definitions?? If this were Trump’s economy they would all be screaming “RECESSION!!”