2007 - 2008 Subprime mortgage crisis.
2009 - 2010 In response to the SMC, Fed floods the market with dollars and slashes interest rates. Dollar loses value to inflation during this time.
2010 - 2011 "Great Recession" ends (but QE does not). Eurozone crisis sees dollar demand increase due to it being considered a safe haven. Dollar Index begins rising. https://en.m.wikipedia.org/wiki/European_debt_crisis
2011 - 2016 Abundance of dollars from QE (which finally ends in 2014) and trade imbalances with China and Japan lead to further appreciation of the dollar. (Large USD holdings allow China to artificially devalue the yuan, which increases their exports. Later, this will be the impetus for Trump's "trade war".) https://www.thebalance.com/value-of-us-dollar-3306268
2016 The Chinese economy slows considerably. https://www.forbes.com/sites/sarahsu/2016/12/13/three-things-that-weakened-chinas-economy-in-2016/?sh=872f3a2512f6
2016 Fearing the possiblity of a Chinese economic collapse, Janet Yellen (then chair of the Fed) and Jacob Lee (Obama's Treasury Secretary) make plans to devalue the dollar in order to bolster Chinese exports and hide yuan devaluation. https://www.businessinsider.com/secret-meeting-at-g20-to-take-down-dollar-2016-3
*A similar tactic was employed successfully in the 1980's under Reagan: https://en.m.wikipedia.org/wiki/Plaza_Accord
2017 Trump takes office. His policies are in stark opposition to the previous administration.
2018 Trump tariffs take effect. The result is that many markets - most notably China - no longer benefit from trade imbalances with the US. Decline in imports leads to an improved domestic jobs market, which further strengthens the dollar. https://www.cnn.com/2018/11/06/investing/trump-strong-dollar/index.html
2019 A strong dollar combined with reduced import expenditures leads to the reverse repo liquidity crisis. QE has, ironically, increased the amount of dollar denominated debt globally, since, following the end of the Great Recession, the dollar is considered safe and abundant. The rising value of the dollar means it's costly for foreign debtors to pay their interest, tariffs have reduced the amount of dollars they're bringing in through trade, which increases demand further. US banks profit from this situation by converting large portions of their reserves into Treasury securities and selling their dollars to foreign countries. The result is a liquidity crunch in September of 2019 in the interbank lending market (also called the reverse repo market) which the Fed immediately tries to ameliorate via a $75B capital injection. https://www.federalreserve.gov/econres/notes/feds-notes/what-happened-in-money-markets-in-september-2019-20200227.htm
It didn't work.
By December of 2019, the Fed had thrown more than $4.5T at the problem, and planned to continue the strategy into 2020. https://tokenist.com/fed-finally-identifies-banks-received-4-5t-q4-2019-repo-program/
That same month, the first case of COVID-19 was reported in China.
*To understand the severity of this crisis, you need to understand how repurchase agreements (repos/reverse repos) work. At this time, banks still had reserve requirements - they needed a minimum amount of assets on hand in order to extend credit to borrowers - so when banks in one timezone closed for the day, they'd lend assets to banks in different timezones that we're opening for the day. This money would move from timezone to timezone each day so that the banks could lend more money. This is called interbank lending. When they ran out cash to lend each other, they began passing Treasury securities around instead. At close, a bank would sell a Treasury security to another (repo), with an agreement that it would buy it back when it reopened again for a small premium (reverse repo).
A lack of liquidity in the reverse repo market means that demand for dollars was so high, and banks were lending so much money that they couldn't pay the premium on the overnight loan. https://www.investopedia.com/terms/r/repurchaseagreement.asp
The 2008 crash was caused by a lack of liquidity in the interbank lending market. When it became apparent that Lehman Brothers was holding worthless subprime mortgage-backed securities, banks froze all lines of credit. The subprime mortgage crisis was a repo market crisis. https://www.nber.org/digest/dec09/repo-market-and-start-financial-crisis
The COVID-19 lockdowns were used to cover up a global liquidity freeze - the same type that crashed markets in 2008 - and the pandemic was used to deflect the blame away from from the banks.
Biden is a patsy. The election was stolen to clear a path for the Treasury department (with Janet Yellen now at the helm) to systematically devalue of the dollar using a plan similar to the one laid out in the Shanghai accord. Banks would ease up credit restrictions to increase monetary velocity, and the Fed would keep inflation in check by adjusting rates. The government would temporarily reduce expenditures, and pull excess money out of the system by increasing taxes. Halting construction of the Keystone Pipeline, withdrawing troops from Afghanistan, Blackrock buying up real estate - all this was done in anticipation of the coming dollar devaluation - the negative effects of which would be pinned on the "moron" Biden and his "idiotic" policies. By the end of Biden's term, they'd have let enough air out of the balloon to ensure it wouldn't pop.
And had it not been for Putin, their plan might have worked - the dollar would've devalued faster than the euro, and at roughly the same rate as the yuan and yen. They'd have all lost value, but it would have just looked on a chart like a euro rally. The media would claim that the European economy was rebounding due to the effectiveness of the vaccine, that the dollar had lost some value due to inflation but would recover in time, and that the Chinese economy was continuing to grow, albeit at a somewhat slower rate than it had been before the pandemic.
Instead, the increase in energy and food prices has throttled consumer spending, crushed the euro, hurt Chinese exports at the same time that their real estate market is collapsing, and shaken banks' confidence to the point that they've once again frozen the credit markets.
I suspect that the inflation we're seeing now isn't from money printing at all - it's from a reduction in the amount of goods produced, increases in manufacturing and shipping costs, and supply chain disruptions. If WW3 is averted, and we don't all die in a nuclear holocaust, then the real inflation bomb will happen when the banks start opening up lines of credit. The sudden increase in monetary velocity will lead to domestic hyperinflation, and a total collapse of the global financial system, as all dollar denominated debt is inflated away.
Tldr. Elites are greedy and evil and hiding free energy and other humanitarian tech.
Yeah, sorry, but you're just parroting the Official CIA Disinfo Narrative. By "hiding" these narratives in easy to find places, they fool people into thinking they've uncovered the truth, when they've really only scratched the surface. It's surprisingly effective actually; it's designed to make you think you've reached the bottom of the rabbit hole so you stop digging before you start. You learn to spot them after a while if you stick with it.
Pro tip: any conspiracy that's already been summarized neatly in an article, and/or has a diehard community of believers that "knows" the truth is a psyop. Q, for example, is a psyop, since every Qanon "knows" all the relavent facts, the "plan", etc. Similarly, the COVID "death jab" is a psyop - it's designed to subtly reinforce the belief that the virus is real (which, of course, it isn't).
The real conspiracies are the ones nobody's talking about, or, if they are, nobody has any idea what's going on. It's a good sign if it's bizarre to the point that it's hard to explain to others - that means there's no narrative yet. False history is a great example (although that's becoming increasingly mainstream), as is electric universe, and reincarnation of the Cathars.
We're not, though, and despite all the second or third hand accounts of people dying from the vaxx, I'm willing to bet that you, personally, don't actually know anyone that's had an adverse reaction. Do you think the CIA doesn't know which websites the tin foil hat crowd hangs around? They whip up a few fake stories, post them where they'll be seen by exactly the types of people they want to see them, and before long, they've got X% of the population believing what they want them to beleive, looking where they want them to look, and thinking what they want them to think. It's really not that hard, and they've been doing this for a long time. They know how to push your buttons.
I won't call you a liar, and I've been wrong before. The whole "death jab" just seems too cartoonishly evil to me to be real. I'm always wary when things seem too obvious (but I sure as hell didn't let them inject me with that stuff).
You are running ahead. Collapse is a slow, drawn out affair and the final crescendo is not here yet. We are just warming up.
Also, dollar was always set to rise, due to the inner workings of world currency, trade and bond markets.
So no collapse there either (yet).
Sure, but not today.
Dollar is still rising.
THe last hurrah.
The fed tried to normalise interest rates before covid happened. And well around September 2019 the market started to tank. So they had to cut rates and start QE again. Then covid happened and they went to zero and had then fired the biggest money bazooka in history.
Aren't the repercussions of the Ukraine war for the West are largely of their own making? If they had maintained status quo, rather than trying to sanction Russia, the repercussions would've been far lesser. So why did they (knowingly) hurt themselves? Makes you wonder if they're all part of the same team, and the war is just yet another theater act.
Perhaps moving towards a West where the government is "forced" to "downsize" its balance sheet and allow private firms to take over?
Also if the currency collapses, we'd need a new one. And in comes a consortium of private firms and banks to launch their own transnational Central Bank and issue their own (crypto)currency? People perhaps given the option of selling their assets to get a hold of the new currency, so they can buy food grown in corporate farms, and live in corporate owned homes etc. They have their own bank so they can print whatever they want.
Once corporations buy assets, they never sell them back. A world where these corporations own everything and you rent stuff from them ("own nothing and be happy"). So you better be nice or you could get cancelled by the Consortium.
No. The threat of nuclear war is enough to shake the markets on its own. The dollar isn't rising because of sanctions, it's rising because banks aren't lending and people aren't spending.
There's no reason for that shift to happen in full view of the public, and the original plan - devaluing the dollar - is more suited towards the establishment of a global corporatocracy.
There's no need to destroy the dollar to implement a CBDC or a digital SDR - if anything, loss of confidence in fiat money would make it harder to get people to transition. Regardless, the problem isn't that the dollar's crashing, it's that it's not, which is going to lead to a Chinese economic collapse and a sovereign debt default. Also, there's already a shitload of private currencies. Start transacting and advocating for Bitcoin and Monero. You don't have to do what they tell you.
What do these corporations own when the currency collapses? Who pays the registrar of deeds, and with what? Who's paying for cops to come kick you off "their" property? How are they going to get there? If nobody's getting paid, I think the gas stations will probably be closed. What are you using to pay rent? How's it gonna get there?
I’m 2019 it was the Repo market that broke not the Reverse Repo market. QT had removed dollars from the financial system and so there was a massive demand for dollars which caused the repo rate to spike. Repo market lets financial entities put up treasuries as collateral for loans to get dollars, Reverse Repos let’s entities put up dollars and get treasuries.
The repo market and the reverse repo market are the same thing. I explain it in the post, and provide a source.
https://www.investopedia.com/terms/r/repurchaseagreement.asp
They aren’t the same. A Repo and a Reverse Repo are two sides of one transaction but terms aren’t interchangeable. The outcomes are completely different. In one case, the Fed is providing dollar liquidity via a Repo as was the case in 2019. The other the Fed is providing a Treasury note which comes with a yield via a Reverse Repo. It’s two separate services provided by the Fed. A Repo is a loan to a financial institution that comes with an interest cost and the Reverse Repo is a loan to the Fed which pays a yield to the lender.
Well put together. The supply chain issues were starting to happen right before covid hit.
The timeline is solid, but the coordination it would involve, not to mention the competing interests not aligning, make it implausible to me.
No. The Ukraine invasion is the most brilliant military maneuver in modern history. Putin has the entire western world in checkmate.
If the war drags on, the dollar keeps gaining strength, and the Chinese economy collapses and drags the world down with it. Sandman goes live, and BRICS replaces the dollar, destroying the global financial system.
If the war resolves without nukes flying, then lending and spending these super strong dollars leads to hyperinflation and all global debt evaporates, destroying the global financial system.
If nukes fly, America is crippled, and confidence in the USD is lost, destroying the global financial system.
I don't think you're fully grasping what a currency collapse entails. In a hyperinflationary scenario, there is no "they". Their power is derived from their control over monetary issuance - without that, they're powerless. No currency means no cops, no military, and no government, because there's nothing to pay them with. The only countries that have any chance of maintaining order would be countries whose economies are completely isolated from the USD. The only two that come to mind are Russia and North Korea.
If nukes fly, our concerns about the strength of the dollar are of minimal importance.