What is happening is that the banks ran so many scams over the past 100 years that it all caught up to them in unexpected ways. For example, they owe quadrillions of dollars in derivatives but already spent the money. Their Blackrock Corporations have been struggling too.
This is 1 reason they wanted to push digital currency. They want to jump off 1 sinking ship to another one but can't without our participation. We cannot participate in any digital currency as all of it is a trap regardless of what anyone says. It's much worst than fiat. It's better to trade in precious metals, barter for goods/services, or just help each other out voluntarily as we go. Soon we will be forced into a decision and luckily most realize digital currency is a scam. They even have shills trying to convince People to use digital currency. Any digital currency would work because if we were to use any of them, they would merely plug their tentacles into that one and control the masses with their high technology which is 100 years ahead of the masses.
The key to world poverty has always been the banks and their control of money which is why we have to ditch the whole system asap including taxes which gobbles up about $5 trillion of our US dollars per year. Keeping that money in the economy is better. Also dump the lottery. It's another scam that makes the deep state richer.
The best thing is to let the deep state to collapse and start bartering. Don't get pulled into BRICS, Bitcoin or any digital currency. We will end up good at the end but have to pull ourselves in a united way to make this as smooth as possible.
Source
https://www.linkedin.com/pulse/fed-bank-bailout-program-ends-march-what-money-metals-qbcnf
Ya but if they do that way too much, the dollar will become worth $0. This has happened in other countries like Venezuela.
No. the US is in a unique position in which it mandatorially exports its inflation. this is basic information.
the issue that you should be worried about is the loss of reserve currency status for the US dollar. then and only then will what you say have any meaning at all.
Yes but the exported inflation was sent back to America. They ran an operation to send all dollars back to push inflation higher.
the only process is the US dollar's loss of Reserve status. as more countries lower their stock of US dollars - as they no longer need to use it as a shared currency - there are now more dollar notes available to represent the same amount (or possibly even less but let's say the same amount ) of economic activity.
this is seen as inflation which it is but what is happening is that the dollar itself is losing value. there is no additional money printing in this case and there is no increase in the velocity of money changing hands. instead unlike normal or general process inflation this is just the dollar losing value.
non US dollar currencies will not experience being thrown out or no longer needed in some part of their market. they will stay the same amount of their currency for their economic activity. the US dollar however has a vast pile of American dollar assets that are not previously being used with respect to the American economy.
so yes ok two processes: won the US printing vast amounts of money reducing the value of that money and two the freeing up of previously vast resource piles of US dollars held by other countries.
They've already done it to much. But when the money is sloshing around in QE just between the banks, and the fed, and not in consumers' hands, it doesn't cause inflation. Or at least it didn't, surprisingly, for all the QE sessions. It caused a Wall Street bubble, and later a main street bubble.
The inflation we are experiencing now is because they handed out way too much money to the Corporations which means the Corporations don't care about dropping their prices as they are well fed. They also get cheap deals on stuff that we sell. After a long time, the Corporate money starts entering the economy but not at first. Inflation means there is too much money in the economy but unfortunately, most of it is in the hands of the commies.
Sorta. The timing of it though, is that it happened when consumers got directly covid stimmie money, at the same time anybody with kids got the child tax credit money early and up front, at the same time as there were supply chain shortages everywhere. In short, to much money chasing to few goods.
Ya they had to give us something but they gave much more to corps.