“As Powell raises interest rates—and you’ll notice that yesterday he raised by another quarter point and he HAD to…. But Janet Yellen—while Powell was SPEAKING—made a contradictory statement to undermine the Fed. That’s the clearest example yet that Yellen and Powell don’t work for the same team….
There’s a very clear split between the Federal Reserve and certain banks in New York [on one side] and the Treasury department and the Biden administration [on the other]. And the more I study the past behavior of Bernanke and Yellen it’s very clear that there has always been an ideological divide within the Fed during the Bernanke/Yellen years that has now blown up into a complete and utter ideological war over the future of US fiscal, monetary and banking policy….
The situation in the financial markets [is a] fight for control of the West. Davos knows they need control over both the political and monetary system in order to win. They have political and monetary control in the EU, the UK, Canada and Australia. But they [have only political control] in the United States. And without monetary control in the United States they can’t win because the United States is bigger than all the rest combined….
As bad as the interest rate shock Powell has pushed on the world is, it’s necessary in the same way that what Volcker did was necessary. Now the numbers today are startling, the numbers in US commercial real estate are horrific, there’s gonna be a lot more regional bank failures in the US. And yes the financial crisis that’s coming is going to be far worse than 2008. But it’s going to be of a fundamentally different character….
[Japanese central bank head] Kuroda just stepped down. Japan was the lynchpin to the coordinated central bank policy of the last fifteen years where we do Round Robbin QE and keep interest rates at the zero bound and we’re all able to do so because of Japan and the US keeping rates at zero….
[Bernanke and Yellen] knew what they were doing: they were destroying commercial banking, they were putting all the money into the zero bound rate casino and levering up the world in order to create the insane world we live in today. And the purpose was to build up a massive dollar bubble and then allow it to crash on their terms and then effect the Great Reset….
Powell would have started raising rates earlier, but he was under political pressure from Biden, who wanted to replace him with Brainard to keep the Fed at the zero bound because everyone knew what Powell was going to do once he got reconfirmed as Fed chair….
Kuroda was helping Lagarde maintain credit spreads during Powell’s rate hikes. But now he’s been forced out. I expect that in the next couple of months, the Japanese central bank will admit that inflation’s out of control and that Yield Curve Control will have to end. And that will be the catalyst for the end of the European sovereign bond market. And the Fed is gonna continue raising rates, shrinking its balance sheet and draining the world of offshore dollars….
The problem is, the next countermove by Davos is going to be apocalyptic….
They have created a completely synthetic monetary structure in Europe that can only function effectively to the extent it’s made global because you need the US and Japan to play along. But the US [banking elites] wants to return to a community banking model…. The ideological divide here is whether we’re going to have private formation of capital through the commercial banking system and the application of risk through somewhat market interest rates OR centralized control of everything….
I think the US is in a fiscal and liquidity position strong enough to be able to handle [this collapse]. Now is it gonna be ugly? Is unemployment gonna rise? Are pensions gonna be defaulted on? Yeah. But you can’t undo fifteen years of a fake economy run by fake humans in a fake version of Disney World until you clear out the fake valuations and all the fake money. And a fake economy is unsustainable in the first place so sooner or later it’s going to fall apart anyway….
The non-Euro [European] economies are going to do very well because they’re gonna be places people can run to. But a lot of the money is just going to run into the US….
I think the European Union can’t survive this. I don’t think it’s possible…. This is a race between whether the Fed can break up the European Union before the European Union can break up the United States. And the Fed can produce more bullets [monetary units] than all the rest [to deal with crises on a localized basis as they develop through this]….
I liked his advice to get comfortable with uncertainty because there is going to be a lot of it.
I also liked how he manages to avoid sounding like a conspiracy theorist by saying it doesn't really matter because we end up in the same place regardless if it's planned or unplanned. I think it is planned but understand why he needs to avoid saying that.
He tries hard to hide the black pill, but you can tell he recognizes the dire situation. Lots of talk about CBDC.
Dropping like flies
It's a beautiful concert
Fuck man, theyve been telling us and telling us and telling us for decades what they intended to do, have been doing and are currently doing.
They must sit around in their synagogues and laugh at how fucking stupid and gullible everyone is.
The quality, ability, skill and creativity of man kind is being systematically reduced to make way for a more controllable slave race and a lot fewer people.
How though? How can they ignore such an obvious threat? And what about the ones that are injured from them or have loved ones that died from them? They arent even mad.
I did not harm anyone so my eyes will be fine and I can rule over the blind.
They grow up soft, effete, mouth agape, faggots that get jobs working for groups like share blue or correct the record; they become reddit mods and power users. Fact.
Post vax card.
Thanks for at least getting the point of the post. Guns.
Its like the AI program running this dumb simulation has no creativity.
He is married to a chinese spy, by the way.
You forgot the part that if you dont use their banks, their CBDC and have their vaccine ID on your phone, you wont be able to buy, sell or work. But yeah, thats pretty much it.
May the Scwartz be with you.
I refuse to lower myself to the level of an idiot and argue with an idiot because youll beat me due to all your experience (of being an idiot in case that part went over your head).
Many do. It was a operation to demoralize and justify gun control.
The interesting thing is that on the one hand, they say that guns are useless against the government, but this story says that the government was unable to compete against the mighty AR 15. So which is it? I mean if one kid with an AR (according to the story) can fend off 400 cops then how do they intend to confiscate them? They are simply too terrifying in the hands of citizens.
Now ask me how I know you got both shots and two boosters.
Remember when the WEF said humans in the future would own nothing and would be happy?
Ignorance is bliss.
Connect the dots if youre not retarded.
You seemed sure, but now youre not sure that you were sure? Are you sure? Are you sure you were not sure? I doubt youre sure you were not sure, but now youre back peddling. Why are you back peddling? Or, at least, why are you so indecisive about what you think those images represent?
"Tell me you have a low IQ without telling my you have a low IQ." The post.
Because of the virtuous cycle of onshoring US dollars and recapitalizing the US, it serves US interests in the long run to continue raising rates even as higher US rates wipe out speculative businesses in the US and obliterate the European financial system. People will no longer have to go to BlackRock for a CLO that’s levered up to the **** to get 8%. Now you’ll be able to buy Treasuries and get yield. Go to Treasury Direct and buy variable rate Treasuries, it’s not tough. Powell is not going to cut rates until 2025 at the earliest. For the next three to five years, the dollar is going to do very, very well. It’s all the other currencies that are in trouble….
Does the Fed have the ability to withstand all [the pain their program is going to cause]? Only if Congress gets its fiscal house in order and only if we get a fundamental shift in political power in Washington. And what I’ve seen so far makes me think the New York boys are in control of things. And I’ve also seen enough coming out of the Department of Defense to tell me there are seriously powerful people who are trying to stop the war train….
Davos is always offering nothing for something. They’re always offering debt or some other form of feudalism for everyone else’s commodities. That is the European colonialist mindset: extract the wealth and give them baubles in return. And that’s the entire Great Reset—CBDCs and all—boiled down to its essence….
And by the way, they hate the Americans. Are you telling me the British aristocracy doesn’t hate the United States? Really? War of 1812? The Civil War? All of American history is the British trying to take over the United States. And having LIBOR to control American monetary policy for the last hundred years was the biggest whip of all. And that’s over. And they’re REALLY angry about that. It’s why Geithner and Obama fought to prevent SOFR from replacing LIBOR….
The reason they were so angry about Donald Trump was they knew Trump was going to be told by Wall Street to appoint Powell as Federal Reserve chair and start the process of decoupling the United States from Europe. Hillary was going to turn everything over to the globalists. If anything, she would have helped create a banking crisis and then literally handed our banks to them. And Wall Street was like, no. Wall Street was backing Donald Trump surreptitiously throughout the campaign. The Hamptons is still powerful….
If the Fed wins, we will have a civilization that comes out of this with a strong enough foundation to rebuild. If Davos wins, we’re in Minority Report with more Germans for the next sixty years for our grandchildren to get us out of. It’s THAT big a deal….
But if the Fed even partially wins such that the US has to break up at the end of the decade in order to preserve its banking system and its legal system and all the things that make the United States a GOOD thing—not its foreign policy, not the dollar hegemony, not the Empire. But the US stripped of the Empire that will be preserved if the US from Idaho to Florida leaves and cleaves off the East and west coast—and you’ll get all the western Canadian provinces and you’ll have a contiguous new United States from Anchorage to Key West. Then the world will probably survive in some way that is tolerable….
The US 2024 presidential election is going to be fought more bitterly than 2020 or 2016 because Davos has political control and they don’t want to give it up. So everything imaginable is going to be done to prevent Donald Trump from winning. Soros and company will spend billions to rig the election. But multiple spigots of dollars sent offshore, levered up and then restored to fund all this have been turned off. And many of the players who were the conduits of all this stuff have been arrested or bankrupted. I don’t know if it’s enough yet. But if the New York banks get their choice of president in 2024, the Great Reset is done like dinner. It’s probably already done anyway because SOFR is already the law of the land and once the banking system shifts from LIBOR to SOFR in June it’s done. And then the rest of the world has to take its cues from the US as opposed to the US taking its cues from the rest of the world….
It’s gonna be bad. There’s no way around that. But the question is how bad. Let’s hope it’s not Mad Max.”