Everything about the process of cutting down energy exploitation, then driving supply side inflation, then raising interest rates to shrink demand (stem inflation) created by a desire to lower economic activity to the scale of diminished energy production, is a game of pretending.
The collateral damage from the rate hikes has been the banking destabilization, which shows the priority of the government officials and central banks to support the climate change agenda. Into the game of pretending comes the second unavoidable consequence with inflation continuing as a result of the energy policy.
They simply cannot cut energy demand enough to meet the diminished scale of production. There is no alternative ‘green’ energy system in place to make up the difference. That is the reality. Now, the fed is scheduled to raise rates again, then begin to debate the collateral damage as they continue the pretending game.
(Via Wall Street Journal) – […] Another quarter-percentage point increase would lift the benchmark federal-funds rate to a 16-year high. The Fed began raising rates from near zero in March 2022.
Fed officials increased rates by a quarter point on March 22 to a range between 4.75% and 5%. That increase occurred with officials just beginning to grapple with the potential fallout of two midsize bank failures in March.
The sale of First Republic Bank to JPMorgan Chase & Co. by the Federal Deposit Insurance Corp. announced early Monday is the latest reminder of how banking stress is clouding the economic outlook.
Fed officials are likely to keep an eye on how investors react to that deal ahead of Wednesday’s decision, just as they did before their rate increase six weeks ago when Swiss authorities merged investment banks UBS Group AG and Credit Suisse Group AG. (read more)
There is no other way to look at the combined policy without seeing a Central Bank Digital Currency (CBDC) in the future. All of these combined policies are creating a self-fulfilling prophecy.
Stop energy production. [Jan 2021]
Supply side inflation begins.
♦Raise interest rates. [April 2022]
Economic activity slows (but not enough).
♦Continue raising interest rates.
Banks destabilize. [Q1 2023]
Inflation continues.
♦Continue raising interest rates.
Economic activity slows (but not enough).
Banks continue destabilizing. [Q2 2023]
♦Continue raising interest rates.
Evaluate banking pressure. [We are Here]
Banks cannot withstand pressure.
Create CBDC
The republicans will stop them!
(LOL! I kill myself sometimes.)
You win the internet, today.
Obliterating the dollar and thinking you can replace it with a digital one under the same management is asinine. That’s as stupid as Obama’s idea of minting a handful of trillion dollar coins and paying off the national debt.
I am with you….I know they want to do it and it was/is certainly in the cards but I am not so certain they can. One thing to keep at the forefront of thought is these (TPTB) have been pulling money out of their asses and using it to force their will on citizens and the world. Say China has some widgets they produced or Russia has oil (example only) in the past our bankster cartel members and/or their political puppets gave them inflated money or money tied to debt and the US got goods/resources. Talk about one helluva racket but it worked.
Other countries/nations/empires have done this in the past and they go belly-up from massive inflation or they have a catastrophic crisis that brings them to their knees. We (certainly I) have been wondering over the years how this can continue never really seeing the bigger picture. Shrewdly TPTB have weaved the USD into just about everything around the world. We became too big too fail but that is changing very fast.
March confirmed what the elites have been freaked out about and why they launched such a massive propaganda campaign against Russia and/or China. In order to continue this racket TPTB needed one of the two of those countries to go down hard. I doubt either could stand by themselves against the Western Empire. That doesn’t seem to be happening though and that is fine by me as we watch other countries join BRICS +.
My own best guess is that Russia was supposed to be close to fetal position by now completely isolated and cutoff from the world. Any country that dare give aid and comfort would feel the wrath of the neocons and their mighty sanctions. I believe China may have double crossed them. Will never forget the look on Soros face when China referred to him as a terrorist and said he should be in prison. I certainly hope that’s the case.
I do not believe that any country outside the US/West and their vassal states like the path America is on. Frankly its terrifying and most of you know it. How do you trust an entity like the US? So we saw other countries embolden shift in March 2023. They started to admit publicly de-dollarization is the goal. I suspect TPTB wanted to start implementing a direct replacement of the current USD. With no one to challenge them they could carry on sanctioning, printing, and threatening their way to the finish line. That’s what Little Marco was whining about as he stated if this continues sanctioning countries just won’t work…..cry me a river bathhouse boy. Then would come the actual Great Reset Schwab refers to where they wipe it all clean and its CBDC and universal basic income.
Admittedly it may not be in that order but you get the gist. I don’t see any possible way these elites filled with such arrogance and blinded by their own made up reality going back to responsible money. If tomorrow they agreed to peg currency to gold on par with BRICS 1. I would ask who would believe them and 2. Do they really intend to be on an equal footing with other nations? The answer is probably a resounding NO!
There is little doubt protecting this racket has been at the forefront of every decision they have made for a long time. It has been the catalyst for many wars and US led assassinations and destabilizations. I believe this to be the single biggest reason they had to remove Trump. I think/HOPE their plan is busted. However they were so close which explains Schwab showing the world his arrogance and writing a book detailing their plans (Great Reset). When he spoke about owning nothing and eating bugs he probably went back inside with his cronies and laughed his sorry ass off. I don’t believe (again HOPE) neither he or Soros are smiling a lot these days.
Regardless if what I say is correct we MUST push back like crazy on any attempt to implement a CBDC. That includes blue collar strikes, bank withdrawals and maybe even little old fashion civil unrest. I believe they will still have the same issue now (Highly inflated/indebted dollar and other nations walking away). HOWEVER we can’t take any chances with that. If they get that into place its probably game over…..we shall see.
Luke, I agree with your excellent assesment.
I agree they are guilty of Hopium, and are putting all their eggs in one basket with CBDC.
IF they can succesfully implement it, they figure it makes 2A irrelevent, and they may be right.
IF, with CBDC they can simply threaten to cut off your ability to engage in Commerce, ANY commerce, combined with the survellence state,…they can compel any behavior.
THEY are a committee, a group, operating by concensus.
There are “tells” in how they operate; there is no one person, behind the curtain.
And that makes the vulnerable; they remain locked into a PLAN, with no deviation allowed, and stick with it long after its proved unviable.
Their plans can be disrupted, especially throwing off the timing.
They are totally unable to respond to the unexpected, unable to adapt quickly, and have utter contempt and therefore ignorance of their opponents (US).
THEY are NOT winning, and $0r0$ and $chwab, and the committee of bankers etc. behind them, are not sleeping contentedly, because ,..
THEY are NOT winning.
Petro dollar is swirling in the crapper as the BRICS union grows.
Other countries (Chyna) not interested in purchasing US debt anymore.
War monger Bolton in Taiwan what can go wrong there?
I’m going to play the devil’s advocate concerning CBDC. First of all all the central banks across the world are owned by their own governments except the United States. In the United States the Federal Reserve is owned by it’s member banks. Why would these member banks kill the goose that laid the golden egg? The Federal Reserve prints currency to use in the US and they tack on interest.
If the US adopts a CBDC then why would it need the Federal Reserve? The politicians in Washington DC could consolidate their power more by having the government act as the central bank. The too big to fail banks know this along with the Fed and are consolidating power right now as we speak. The big banks that own the Federal Reserve are gobbling up the mid sized banks because of a problem that they created.
The Federal Reserve is almost to the point of normalized interest rates which is about 5 1/2%. At this interest rate most of the money taken in by the income tax will have to be used to pay the interest on the national debt. This action could be a huge amount of leverage against the government to prevent them from going to a CBDC.
I could be wrong but I don’t think that the big banks and Federal Reserve would want to give up the power and money by going to a CBDC because it would make them obsolete.
The CBDC would make Commercial Banks obsolete no doubt. It’s still a great point. The Central Banks including King Fed PROBABLY are not needed now. However power and control of money supply rolls right through them. That keeps these very power people on top.
There’s little doubt in my mind that initially CBDCs will be structured similar to what we currently see. Each nation having their own currency in order to give off the appearance of national autonomy. Bet you can also believe one or two of them will reign supreme (USD & Euro). This is what gives them the level of control and keeps them lodged in their position of kingmaker.
Not going to debate rather the quote below was said or not. Not much point in that now. It reflects the mindset that is currently running things today. Like I said it’s one helluva racket and it makes them Gods (in there minds).
In 1815, Rothschild made his famous statement: “I care not what puppet is placed upon the throne of England to rule the Empire on which the sun never sets. The man who controls the British money supply controls the British Empire, and I control the British money supply.”
Control of the money supply could be easily taken over. Most of the money supply is money created by banks out of thin air by fractional reserve lending. The government took over student loans they could also take over commercial loans. Power that the banks and their minions have could be eliminated by the stroke of a pen.
Furthermore the Euro is dead. The dominate currencies going forward will be the dollar and yuan. The demise of the dollar as the reserve currency will only be accelerated by the adoption of CBDC. Which is but another reason I don’t think you’ll see a CBDC anytime soon.
Oh, by the way I’m glad you brought up the Rothschilds who are more than likely part owners of the Federal Reserve. It’s definitely going to be interesting how this power struggle plays out.
How powerful is the yuan with no customer base for industrial output? Most Chinese discretionary spending goes for food.
Brazil, Russia, India, China (possibly Arabia and ????)
That is a BIG population. Not to mention, Europe still needs energy.
They may want us, but I doubt they NEED us.
One third of global car sales occur in China. China’s middle class is growing and so is there discretionary income. Not only that but the cost of living is by far less expensive in China.
I think it just dawned on me what the sales pitch will be for CBDC. It will be all about equity and inclusion. White people are going to push back against it because they don’t want blacks, gays, women to succeed yada yada. That and of course the wonderful effect it will have on climate change….smh
NOT saying it will work but I bet that’s the avenue they take.
Should have beheaded the bastard on the spot.
Interesting point.
Agree, it is hopium, and they are now in a position where its their ONLY hope, and the only thing between them and a pitchfork colonoscopy.
At this rate the Country will never make it to Nov. 2024.
The country is already lost Frankie. An insane energy policy, unbridled immigration, stolen elections, men can be women, liars leading the military, corruption at every level of government, a judiciary that allows the corruption, drug addicts and bums camping in every city of the country, a stoned populace, a corrupt media, I could go on and on. I have little hope any of this can be corrected.
A tragic but accurate state of the union.
The ‘State of The Union’ is FUBAR
Agree.
Yes, for free men it is indeed FUBAR. However, I am noticing those who inure to the Communists or at least play their game are doing pretty well and living quite comfortably.
We can likely find parallels in the post-Bolshevik Soviet Union. There will always be those who play the game and ignore the erosion of their freedoms and liberties. If they are useful to the regime they are rewarded.
You may have missed one Buckeye; Our “leadership” continues to do insanely stupid things to Vladimir Putin and it’s got him feeling really pissed off and boxed in. His reaction could make our domestic problems vanish in a second.
Are you thinking what I’m thinking?
If he is, and you are, so am I.
Not stupid, planned. Otherwise the west would be trying to negotiate peace and honoring the Minsk agreement.
The west wants this war to usher in the new world order and the WEF great reset. NATO wants Putin to start WWIII by lobbing a nuke somewhere. That’s why NATO keeps pushing.
If it comes to that, I hope some well placed bombs take out the evil great reset idiots.
Yep there’s no coming back from this.
No coming back.
Just moving through.
The only way out is through and it won’t be pretty.
Add this to your list of … the country is already lost…
SICK: North Carolina’s Leading Medical Institutions “Duke, UNC, and ECU” Offers ‘Transgender’ Treatments to 2, 3, and 4 Years Old
You know they’re just trying to provoke and distract you with these things don’t you? They are very bad things to be doing but pale in comparison to the outright destruction of the economic base they are perpetrating right before our very eyes. These outright medical horrors will be dealt with severely and in time but one must remember that we need to win the war first, because it is war!
It’s part & parcel of the war.
https://www.revolver.news/2023/04/tranissaries-transgender-movement-striking-parallels-ottoman-empire/
That is beyond sick.
$$$
Puke!!
Yes, the country is already lost.
In 2010, my late husband and I had a conversation in which we wondered if it was too late.
His life work was that of a diesel mechanic….grew up on a farm in Minnesota in the 40s-50s. I was office work….grew up on a farm in Montana same dates.
Nothing brilliant or super-knowledgeable about either one of us. Absolutely not. We just saw and smelled the foundational rot that had set in and, without knowing how to articulate it, recognized that it was not sustainable, but were unsure if it actually was too far gone.
It was.
If the 2020 election hadn’t been stolen, we would still have been on a knife edge today because of the toxic agencies and bureaucrats and embedded policies and procedures that were designed to destroy us, but we would have had some opportunity for escaping the drowning/standing wave in which the Republic
wasis trapped, upside down.The worst part is the stolen elections. I live in a one party state- all “voters” receive a mail in ballot. There were over 10 million unaccounted for ballots in the previous election. The result is the state politicians are not accountable for their actions. It’s sick.
It will only be corrected when there is enough widespread pain. Most people are paying the high prices and struggling but it hasn’t hit a point where we see food lines or government cheese or gas rationing or real estate markets dominated by foreclosures, yet.
Let’s go Dark Brandon!
Yet not a single perp has been shot/hanged/introduced to a wood chipper. Times change.
That’s the plan. We’re also not going to be allowed to vote. They’ll print whatever ballots are needed.
Of course we’ll be allowed to vote. It’s a major pretense of our “democracy”.
Serfs voting for a different master.
To make voters think that they really did something 🙁
Yep.
Pretend votes! Let you think you make a difference. Fits right in with all the other pretending. I quit pretending before I turned 10. That was a helluva lot of moons ago!
Me too!
“not going to be allowed”? its already happened
and they don’t care if we know it
because the courts won’t follow the law
they invent their own injustice
almost on the fly
we citizens are “without cause”
Not even what passes for the so called Supreme Court…checks and balances, remember? They have abrogated their duty to constitutionally check the other branches, now picking and choosing esoteric cases to rule upon….and refusing those cases which should have been heard which have brought us to this existential point.
Western Civilization has no standing in today’s SCOTUS.
The entire mess goes back to SCOTUS denying the Texas lawsuit (along with over 15 other states) standing in looking into the cheating in 2020. How can just a few counties in the US negate the election rights of 75 million Americans and there not be ‘standing’? SCOTUS is to blame for not protecting our constitutuinal right to a free and fair election process.
Correct!!
I’m beginning to wonder if we’ll make it to Sept 2023
it surely won’t be the same. Fundamental transformation has occurred. The Light Bringer started it, and PedoJoe’s F-up America Faster agenda has sealed the deal.
The country was lost with INA 1965. #Fact
Probably 1913 or if we’re really honest 1865
1913 and 1865 didn’t invert our demographics so we became the Third World.
Thank a Kennedy …. a member of the most exclusive club in the world.
Glad somebody picked up what I was putting down.
That’s what Trump has been saying all along.
If you havent started prep for the coming collapse…git on it
Ammo.
Water. Purification.
I agree. That’s what I’ve been saying, too!
I think that’s the idea (said no one ever in Congress).
The absurdity of reducing energy to grow the economy is bordering on stupidity.
Continued policy of administration will in the end bankrupt the country.
Degrowth is the point of all of this.
Consolidation of existing assets to the ones controlling most of the existing wealth.
Nowhere in all of this is the creation of new wealth, i.e. economic growth an acceptable solution.
If I may, Mike…not stupidity. “They” know exactly what they’re doing.
Bordering on insufferable hubris and psychopathy.
In fact I believe they crossed that line long ago.
They just don’t think hanging from a gas station like Mussolini and his girlfriend is a realistic possibility. They just may be right.
My great great great great grandfather about 200 years ago was gearing up to fight Santa Ana’s invasion from Mexico… I’m packing to go fly [instead of grabbing a rifle and heading to McAllen to repel invaders].
I’m certain he is disappointed in me.
Different times, Melnics. When men were free and unencumbered by traitorous fascist government. You (and we) see it clearly…millions upon millions unfathomably do not.
The bent neck geeks are too distracted by their Iphones and are already pre-tuned for bowing to authority
Truth! All one has to do to understand is to look at the photos people post, phones in hand taking picture s of themselves.
Step this way…cattle cars to the left…
Yeah, true. But the day is soon upon us where we have nothing left to lose. A cornered lion is not to be trifled with.
All the best.
Bankruptcy, CBDC, control (enslavement) – that’s their plan. They’re not stupid. It’s intentional!
These clowns are playing with fire. Watch out when the masses are really hurting.
France is getting a small taste of it.
Im certain the harm to regional banks is intentional so they can be swallowed up by the bigger ones. Competition will be erased then they can force any policy they want through DC.
Ding ding ding ding ding
Feds may (probably) or may not (possibly) raise rates. Congress will for sure raise the debt limit without any meaningful speding cuts, so no matter what the Feds do, inflation goes up, stock market continues to defy all logic, prices/shrinkflation continue with corresponding increased corporate profits, dollar doesn’t buy squat, and stagflation is here for a very long time. A vast majority of people will be begging for CBDC
We must not raise the debt limit.
There’s no way, no how that the debt limit will not be raised. Personally, I think the only way to get our economy back to reality is to let it all crash, burn, and rebuild. But there isn’t a politician and very few citizens who want to take that medicine.
CBDC will be just as prone to inflation as any other medium of exchange. ??
CBDC is a reach too far for these idiots nor do I see how that helps the wef agenda boys and girls. Most economic might is now outside the reach of the collective west. The game is slipping away from the banksters and the 2024 election is coming.
Right.
Needs more snark.
Perhaps a bit more elucidation as well.
Such as, how utterly silly to say the Great Reset monsters aren’t salivating for CBDC.
What they’re salivating for and what they’re going to get are two different things.
They are good at destruction. The build back better, is only a slogan.
No, not a slogan – they really mean to “build back better’ after they destroy everything.
Build Back Better Flatten Freedom First
Other than stealing your money directly, I don’t see how CBDC will stabilize banks.
It will for sure consolidate banks but I don’t see that as a necessity for CBDC
So besides “living my best life” ,helping others, and trying to do GOD’S will, is this enough? Living in sw fl, having no debt, and going back to work ,I have tried to do what is within my understanding and comfort levels financially. Besides prayer, what more can I do.? What I do see happening in areas of poverty(democratic cities) within the next 18 months is enormous theft from chain stores ,like what we saw during summer of 2020 but muchmore widespred. Who is going to stop them?
With millions of illegals coming across the border, it won’t take long to empty all the stores.
Oh, don’t forget the terrorist cells coming across unchecked.
Carolina Girl, look on the bright side. South and Central America are not part of the collective west and moving toward the BRICS communiry of nations. When we collapse, maybe sooner rather than than later, we will see reverse immigration as all these folks head for greener pastures south of what used to be our southern border.
Chinese agents as well.
It won’t. Instead it will eliminate private / commercial banking and bankers completely and most of the speculative credit / finance industry. And that will end the Federal Reserve as well, as it is a consortium of commercial banks (eg JP Morgan, Goldman Sachs, etc). You will have a bank account directly with the US Treasury, via a digital currency and smart phone or other device and if you need a loan, you will fill out an application to the government for your idea/project, etc.
Profiting Without Producing: How Finance Exploits Us All — A lecture by Costas Lapavitsas
It is a re-creation of the economy from the ground up / or actually, the government down.
Won’t work. A Schwab pipe dream.
One also has to ask: Why would Jerome Powell, the Federal Reserve and Jamie Dimon go along with a CBDC? As they are slated to be eliminated.
Lapavistas does a great job in the first part of the video going over all of the methods and schemes private and commercial banks use to make money all of us “common people”. So, why would they want to give that up???
Pro-tip to Powell and Yellen:
Increase oil and natural gas production while approving new pipelines will cut inflation without the need to raise interest rates and destroy the banking system. Along with this simply end the Neocons assault on Russia and Ukraine, end the sanctions on Russian oil and write a check for $20 Billion to Germany and Russia so they can repair the Nordstream Pipelines we blew-up. See,
No more bank failures.
No more bankruptcies.
No more trillion dollar bailouts.
No more dead Ukrainian soldiers to add to the 200,000 we’ve killed already and WE ENDED INFLATION! Wasn’t that easy?
yes. You have my vote…..
California Joe, you nailed it. Exactly what is needed. You have my vote too.
Fire 50% of federal employees.
Lower taxes.
Glad for those people who acquired gold & silver over the years. There will always be a non- institutional trading lane for gold and silver etc
unless that $10 gold coin is ‘exchanged’ for $10 in CBDCs, SUCKERS, it says it right on the coin $10. But it is an ounce of gold worth $2,100.00. “I don’t think that you understand, the coin says “”$10,”” and that is what you get $10. You think they have been scamming with printing $$ wait until all money must be ‘turned-in” at face value.
I believe there will be thunder heard in Heaven when they enact the “it says $……right there, You were a fool to pay $1,500.00 for $10,$20, $1…..coin.
FUBAR
Bullion
Part of transforming to the alternate economy is ceasing to think in and compare to dollars, which is something nearly all of us instinctively do since we were socialized on the value of a dollar from before we ever worked for one.
Think more eggs for a bushel of grain and nails for a board foot of lumber. I already trade my skills for basic things of living that others have. I don’t ‘charge them’ my prior shop rate of over 100 bucks an hour. We trade, my time for something they have that I need, or perhaps their time to help me with something they’re skilled at.
Get away from money and thinking in money. Reject their system entirely. It may result in war but that’s inevitable at this point anyway. Some will sit it out like with all other wars. God bless them.
Have no coins only bullion
Unless you melt it.
There’s nothing wrong with higher interest rates. There’s something very wrong with the Fed manipulating rates, rather than allowing the market to set rates.
What market? The market is being destroyed.
Hopinow: The market that used to exist before it was destroyed.
Depopulation. Period.
It has always been about Depopulation.
They could never cut Consumption down to the levels they say was a minimum necessary to prevent Destruction of Mother Earth.
That is why I could never take them seriously. — That even if what they said were true – there was nothing they could do about it, because they’d never —— destroy almost every family on Earth…
Then 2019 came to an end….
…and I was forced to admit — Mao — Stalin — Pol Pot —- Humanity is quiet capable of producing Elites who believe they have the right to determine Life + Death on a Mass Scale….
The Grandparents + Great Grandparents of the West’s current Elites —– preached Eugenics + called it Science over 100 years ago…
Accurate.
Yes, depopulation going from over 330,000,000 to 100,000,000
Mainly individuals dead and dying from clot injection, etc.
Also, the 5g activation.
JEFFREY EPSTEIN CALENDAR RELEASED: CIA AMONG THOSE EXPOSED! | Louder with Crowder
https://commoncts.blogspot.com/2023/05/jeffrey-epstein-calendar-released-cia.html
Whitney Webb probably does the best deep dive into epstein of anyone out there.
Interestingly enough, some of her interviews can still be found on ScrewTube.
OT Butt…
I just want to know what this time in our nation’s life’s Boston Tea Party is going to look like. Pretty sure we’re getting close to finding out.
In the realm of the thread topic IMO it would be a run on the financial industry as a whole, not just banks, and a migration to the alternative peer to peer economy.
Ask Bud Light.
I’m good with anyone Democrat, Republican or Independent that voted for Biden or against Trump (mean tweets are bad) standing in lines at food banks, having their house foreclosed on, etc.
They all wanted this and I hope they get it good and hard.
You don’t have to be in the system, you choose to be. It takes courage to step out of it, but sadly not enough have the courage, and they would miss their chicken nuggets!
People love their comfortable lifestyles. There is a certain loss of face that comes with going against social convention and peer pressure to conform that is uncomfortable for many, plus any attendant real suffering that ensues.
It was once said that wars are won by scared men who’d rather be somewhere else. That’s the courage you write about. That potential lives in all of us. We have to choose it.
Rates are going to have to go much higher, think 1981 high. No one currently working in finance has ever seen interest rates that high, everyone who has is long retired or dead.
Bad moon rising. Stand by for everyone leveraged to the hilt to go bankrupt.
Bad Moon Rising
I have to say, isn’t it something how songs and movies from long ago speak to the here and now destruction.
Agreed,
That said it appears to regional.
As around us money or the appearance of money abounds.
Two houses down from us a 1960’s bungalow sold with multiple offers.
I spoke with the owner this afternoon. She is also a realtor and sold her own place.
Multi offers..I have known her for ten years or so…she says buyers are desperate.
To support that a 2 bed rancher one tarred down also sold this weekend for ridiculous money.
That home is on a lesser lot, with no ocean view.
Immigration is driving our automobile and Real estate market insane.
Locals unless inheritors of serious cash will never own.
IMO a crash is imminent, but what do I know!
Cheers!
Since American business runs on debt and is predominantly debt-based instead of asset based, that would be pretty much every entity out there, plus a significant number of citizens who likewise run a debt-based lifestyle. Boom, like a bomb.
In 1980/1981 Volker raised the Fed rate to 20%. But the national debt was under 1 Trillion dollars. Can you imagine the amount of money it would take to service our current 32 Trillion dollar debt at 20% interest? Just the interest alone would cost us 6.4 Trillion a year at 20%, 3.2 Trillion at 10%, and 1.6 Trillion at 5% per year.
According to the Treasury department, so far in the 1st half of fiscal 2023 (Oct.-Mar.) our government has taken in 2. 04 Trillion in revenue(down 3% from same period last fiscal year). And it has spent 3.15 Trillion(up 13% from same period last fiscal year).
This is unsustainable and always has been. And when, where, and how do our vaulted experts think this will all end?
We’ve turned into a kakistocracy over night.
Kakistocracy: Government by the least qualified or most unprincipled citizens.
It’s been a long time coming. Clinton was a grifter. W was not exactly bright. O was a drug addict with a laziness in him. Biden is the dumbest of the dumb and most corrupt politician in world history.
It’s a sad sight to see.
I have two different devices I post on. This one is under moderation, the other I didn’t get moderated on for some reason.
Can this one be taken off too? I barely use the other one.
It’s way more gratifying to get instant posting. I’m courteous and respectful to the forum.
Thanks for any help
Laila…I did find your name on our moderation list. I just deleted it.
Thank you.
We just need to understand the problem: our trust in their authority.
Summing key notes : SOURCE – https://iaindavis.substack.com/p/its-the-trust-in-authority-stupid
The Real Threat
In 1998, then UN Secretary General, Kofi Annan, delivered the keynote Davos address to the WEF. Describing what he called a “quiet revolution,” Annan said that a “fundamental shift” had occurred as the UN had undergone a “complete overhaul”:
[. . .] peace and prosperity cannot be achieved without partnerships involving governments, international organizations, the business community and civil society. [. . .] The business of the United Nations involves the businesses of the world.
Faced with this problem, what are we to do? Are we destined simply to be cattle on the G3P’s tax farm?
Perhaps not: if there is one overriding fear that fills the nightmares of the parasite class, its stakeholders and political minions, it is the loss of our “trust.”
The theme of the the WEF’s 2022 Davos soirée was “Working Together, Restoring Trust.” At the gathering, the German Chancellor Olaf Sholz, speaking on behalf of the G3P rather than the German people, said that “restoring trust is our goal.”
The leading globalist thinks tanks are obsessed with the issue of our “trust.” The UK branch of the Carneigie Endowment for International Peace (CEIP), which once opined that war was the best way to alter the lives of an entire people, bemoaning the loss of public trust, said:
Trust is the foundation of a functioning democratic system. [. . .] [I]n order for people to feel positive about participating in democratic processes and decision making, it is essential to have public trust at all levels.
hese lunatics seriously want us to believe that we should allow our representative governments to define the truth. They will decree what information is false and what isn’t.
All of this bilge about “disinformation” is itself “dezinformatsiya.” Democracy has absolutely nothing to do with our trust in “democratic institutions.” Democracy has everything to do with our control of the decision making process.
Alleged “representative democracy” has always been based upon the idea that we hand that control over to those who lead these “institutions.” Representative democracy is the antithesis of “democracy.”
We are being farmed by a parasitic bunch of robber barons and grifters whose whole empire is built upon one underlying premise: we trust their authority.
Perhaps it is fairer to say that most of us trust our “representative’s” alleged authority. As long as we continue to labour under the illusion that we can elect “new leaders” we will remain lost. In reality we can’t. The parasite establishment of stakeholders (G3P), that actually defines policy, isn’t elected by anyone.
For the parasite class led G3P, the facade of their power is maintained only as long as we trust it. Without any condescension, we must equally recognise the wellspring of that power.
It’s the trust in authority, stupid!
The whole point of CBDC, Digital ID, biosecurity and censorship is to entrap us in a system that has tangible power. Should the G3P succeed then our “trust” will matter less. We will face very real limitations once the global digital surveillance state is installed.
We are not quite at that point yet, and there is no reason why we should ever be. In order to avert enslavement the change we need to make is first and foremost psychological.
We have to wake up and realise that nothing any government ever does is for our benefit. We have no reason at all to trust anything governments say and we need to stop believing their propaganda.
G3P power only exists because we imagine that it does. Based upon this misapprehension, we consequently behave as instructed by its representatives. The moment we realise, en masse, that its claimed authority is a charade, that alleged “power” evaporates in an instant.
All the G3P is left with then is violence and simple mathematics dictates that it cannot succeed. This is the real reason why the parasites are so fearful of loosing our “trust.” The G3P is frantically exploiting the fabled polycrisis in a desperate effort to lock us up before we come to see its “authority” scam.
Despite apparent animosities, all governments agree upon one, single model of global governance. And it is this which represents the greatest “risk” to humanity. No “authority” will ever provide us with a solution because “authority” is the problem.
Forget about the polycrisis. It’s a propaganda device.
https://iaindavis.substack.com/p/its-the-trust-in-authority-stupid
You are absolutely 100% Correct.
National suicide.
What does a digital bank currencies do that recapitalizing member banks don’t?
Wasn’t it the Bernanke who said on 60 Minutes that the Fed could just add a zero to a balance?
Anybody at this crybaby’s convention have any constructive suggestions?
If you’re referring to the discussion thread I’ve offered some suggestions upthread; however, they’re well worn and apparently not well received. They are working for me though in real life, plus more I can’t discuss publicly.
I think people tend to bond better in commiseration than debating solutions. My family is dead and I have a cat so I’m kinda over the commiseration stuff. 🙂
1 – The only entity to worship is our lord and savior (Never worship people, places, things and shun materialism)
2 – Take care of your health physically, mentally, emotionally ( Get exercise as much as you can and find time and reasons to laugh)
3 – Stock up on non-perishables as best you can and plant a garden of vegtables, etc. if possible.
4 – To be sure it is wise to have family, friends and neighbors that are astute as to what is happening and take the time to research all relevant aspects. There is strength in numbers.
5 – Speak truth to whomever you encounter in your daily life. Find the few sentences to share that may enlighten them without any expectation they will or will not WAKE UP.
6 – Fear Not For The Lord Is With You !
May God Bless You Each and Every Day !
Where is/would the central be ?
Who runs it?
It’s intentional. Sharp credit contraction caused the depression of the ’30s, the federal government seized the people’s wealth by seizing gold. Digital currency is another seizure of wealth, and it will follow a sharp credit contraction – which is growing now.
End the Fed.
When does the “Era of Good Pretending” come to an end?
In my life whenever issues came up regarding criticism of citizens from other countries being inferior to Americans I would remind them that Americans were lucky to have been borne in a country guided by a constitution written by the greatest men ever to live.
The constitution will set us free if we are willing to defend it.
Sadly the jury is out as to the the current crop of American citizens ability to defend and abide by it.
If this country fails to do so it will deserve the evil imposed fate that is coming down the tracks like a run away freight train.
Considering the inability of Americans in mass to shun anyone or any political party advocating for childhood sexual mutilation the future looks very grim.
This sure is a morbid bunch of Eores.
Somebody needs to read the back of the book.
WE WIN!
As for money, why do you think the people in the last days will cast their money into the street?
Life will never be what it was until we pass through these times. They will be hard.
I am no bible scholar but there is a thousand years of peace in there somewhere.
Baruch Ha’ba B’Shem Adonai (blessed is he who comes in the name of the LORD). Amen and amen!
Yup… Powell already admitted as much to those Russian Zelenskyy impostors.. Please don’t tell me you’re surprised…
So, what can we do to stop this invasion of any privacy we have left? To have any control over our lives?
If we get a Social Security check and don’t comply, we are cut off from any of those benefits.
It’s good to be aware it is coming, but what do we do to stop it?
Central Bank Digital Currency Is the Endgame – Part 1
https://iaindavis.substack.com/p/central-bank-digital-currency-is
Central Bank Digital Currency Is the Endgame – Part 2
https://iaindavis.substack.com/p/central-bank-digital-currency-is-359
If Revelation 13:16-18 is happening now, then how far away is Revelation 14:8 and the destruction of the Western Army?
There is no other way to look at the combined policy without seeing a Central Bank Digital Currency (CBDC) in the future. All of these combined policies are creating a self-fulfilling prophecy.
When the Antichrist is at Armageddon we are given an opportunity to answer an important question. Daniel and Revelation leave the reader wondering where is the army of the west and who is supporting the Antichrist at Armageddon. Clearly, there is only one answer possible. The army comes from America, and it is in support of the Antichrist. The argument is a simple one. If the army’s of the North, East and South of Armageddon are with the Antichrist. Then from the point of view or location of Armageddon only one army is not known. This would be the army of the West. Therefore, it must follow that the army’s of the West are in support of the Antichrist. Therefore, America must be Babylon the Great and the Western Army.
The fate of Babylon the Great is written in Revelation 14:8 A second angel followed and said, “‘Fallen! Fallen is Babylon the Great,’[a] which made all the nations drink the maddening wine of her adulteries.”. The prior Chapter contains Revelation 13:16-17, and it appears to be recently confirmed as occurring with CBDC.
I submit that it’s not possible to have a Western Army if “Babylon The Great” is destroyed. And so it must follow that the Western Army can not be at Armageddon in support of the Antichrist.
So prove to me that Revelation 13:16-17 is taking place. By first directing the reader to this article https://www.prnewswire.com/news-releases/the-digital-currency-monetary-authority-dcma-launches-an-international-central-bank-digital-currency-cbdc-301793163.html. And then to article https://www.investopedia.com/terms/f/federalreservebank.asp. Which together forming Central Bank Digital Currency (CBDC).
The first article tells us that FedNow launches in July and the second article it shows our currency is based on Federal Reserve Notes, and the Federal Reserve is an independent agency. The Federal Reserve can decide non-digital currency is worthless at a certain date, and there is no recourse.
As an aside, the only other place scripture mentions six hundred sixty-six is 1 Kings 10:14, in relation to Solomon and taxes.
Yep! It’s coming. What each has to decide is their response to it all.
Scripture is clear that ‘Globalism’ (one world gov, money, etc.) has to occur so that the ‘one world leader’ (anti-Christ) can reign. However, God also warns to NOT take the ‘number of the beast’.
Rev. 13:
11 Then I saw another beast coming up out of the earth, and he had two horns like a lamb and spoke like a dragon. 12 And he exercises all the authority of the first beast in his presence, and causes the earth and those who dwell in it to worship the first beast, whose deadly wound was healed. 13 He performs great signs, so that he even makes fire come down from heaven on the earth in the sight of men. 14 And he deceives those who dwell on the earth by those signs which he was granted to do in the sight of the beast, telling those who dwell on the earth to make an image to the beast who was wounded by the sword and lived. 15 He was granted power to give breath to the image of the beast, that the image of the beast should both speak and cause as many as would not worship the image of the beast to be killed. 16 He causes all, both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads, 17 and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name.
18 Here is wisdom. Let him who has understanding calculate the number of the beast, for it is the number of a man: His number is 666.
Rev. 14:
9 Then a third angel followed them, saying with a loud voice, “If anyone worships the beast and his image, and receives his mark on his forehead or on his hand, 10 he himself shall also drink of the wine of the wrath of God, which is poured out full strength into the cup of His indignation. He shall be tormented with fire and brimstone in the presence of the holy angels and in the presence of the Lamb. 11 And the smoke of their torment ascends forever and ever; and they have no rest day or night, who worship the beast and his image, and whoever receives the mark of his name.”
12 Here is the patience of the saints; here are those who keep the commandments of God and the faith of Jesus.
Twice more!
The French are fighting against this by trying to exclusively use cash for everything and implanting this strategy in large groups of people. For example, going to check out large carts full of groceries in groups but only having cash. Same with eating out with groups of people, filling up gas tanks. Boycotting stores that don’t accept cash. We could join the movement and stop using credit cards as much as possible. Use cash or checks. It works better for sticking to a budget anyway as credit cards make it too easy to spend. Plus stores have to pay banks a service for this. It may not stop the WEF’s efforts to enslave the population, but at least it may throw sand in the machine.
Great timeline at the end however, it is missing the trillions of dollars that the federal reserve created. That definitely helped get us here.
So basically all
Hope is lost and those of us who won’t take every jab they invent to poison us with will have our money cut off, lose our homes and starve to death. Hell we might as well all blow our brains out now