“If Congress has the right to issue paper money, it was given to them to be used by and not to be delegated to individuals or corporations.” ~ President Andrew Jackson.
The weapon of choice is money, and central bankers utilize this weapon merciless to rain misery and death on the unknowing masses. Since Fiat was created, bankers have fed of the misery they have wrecked on humanity. George Washington, one of the wisest of all presidents, understood this very well, and it’s revealed clearly in this quote.
“But if in the pursuit of the means we should, unfortunately, stumble again on unfunded paper money or any similar species of fraud, we shall assuredly give a fatal stab to our national credit in its infancy. Paper money will invariably operate in the body of politics as spirit liquors on the human body. They prey on the vitals and ultimately destroy them. Paper money has had the effect in your state that it will ever have, to ruin commerce, oppress the honest, and open the door to every species of fraud and injustice.” — George Washington in a letter to Jabez Bowen, Rhode Island, Jan. 9, 1787
Another wise president was Thomas Jefferson, who was so against bankers that he thought they were worse than a thousand standing armies and he was correct.
“I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a monied aristocracy that has set the government at defiance. The issuing power (of money) should be taken away from the banks and restored to the people to whom it properly belongs.” — Thomas Jefferson, U.S. President
Central bankers have caused more deaths and pain than the most tyrannical of rulers could ever dream of achieving. This has all been done in a cold and calculating manner. The only incentive being dollars; hence, lives are traded and sold based on the dollar amount they stand to make. If it’s profitable for them to let you live, then you live, if not they take you out. Money trumps everything; a life is just another number on a piece of paper.
To cause a boom, they flood the markets with money and to cause a bust; they tighten the spigots. This is what caused the dot.com bubble and its subsequent bust. The same applies to the housing bubble and the best, and the same thing is occurring now. The result is always the same, they either change the music or the dance, but everything else is the same. In this instance, they have kept rates low for an unusually extended period and now, they have decided to do the unthinkable, embrace negative rates. The first stage of the bubble was created by allowing corporations to borrow large sums of money and use this to buy immense amounts of their shares back, thereby artificially boosting the EPS and making it look like all is well. When in fact, nothing is improving and only the number of outstanding shares is dropping, which gives the false impression that profits are increasing when they are not. In fact, in many instances profits would have declined if the share buyback programs did not exist.
Negative Interest Rates
The Corporate world will embrace Negative rates with gusto as it will be akin to crack addict being given a new dose of super crack. The consequences of these actions will be dire for the masses; history does not change, only the outfits change, but the con is always the same and the ones left holding the empty bag are the sheep (otherwise known as the masses). The Fed is trying to put on a brave act, but you can already see them backtracking from the firm stance they took last year. Now they are stating that all is not well, and the economic outlook is weaker than expected. They will have no option but to join the rat pack; in this instance, resistance is futile.
The Fed raised rates to give the masses the feeling that the markets are free, when in fact, they are not. The markets are entirely controlled and manipulated; every boom and bust cycle was planned in advance of the event. The chart below illustrates that the economy is far from healthy, in fact, it appears to be almost in a coma and is being forcefully kept a life through immense injections of hot money. . Take away the hot money and this illusory economic recovery crumbles.
The chart topped out in 2000 and after that It has been nothing but downhill ride; we did get a momentary dose of relief from 200-2009, but the chart put in a bearish lower high and from there things took a turn for the worse.
While the money supply has increased, these funds are not making their way to the masses; this is a nefarious trick the Fed employed to coral the effects of inflation, and it’s working so far. To create a monstrous bubble, the Fed needs to put this money into the hands of the masses. They seem to be testing this with the auto market as we have subprime bubble waiting to pop there.
The next forage will be to find a way to put this money into the hands of the masses for various general expenditures, like opening a new business or better yet, creating the next housing bubble. The demand for housing is rising, but most people cannot qualify for a mortgage. Imagine what would happen if they suddenly made it easier to get a loan. The slogan would be “buy now and cut your rent”; for a time, this slogan would be true as it’s far costlier to rent than own a home today in most parts of America.
Interesting Bill Gates agrees that Fed is creating bubble; He is in insider so this is an interesting revelation
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