Take a moment and ignore the gay threads on this board. Let's talk about how fucked we are in dealing with inflation. It hasn't even started yet:
>fed has been doing reverse repos since covid money printing
>they've been paying banks to keep out the $6 holobungillion they printed from entering the economy
>(((Janet yellen))) finally stepping away from her lies saying inflation is going to come at us hard
>fed is going to start releasing the money they've been keeping out
>(((Jamie dimon))) CEO of jp Morgan says we are about to get fucked hard
>Whitehouse freaking out about it not knowing wtf to do
>Russian War and sanctions already driving up prices
>nobody here is talking about this
What in the hell is going to happen? Are we about to see an economic event that changes our lives like 9/11 did? Food riots? Credit defaults on an astronomical level?
Let's use this thread to effort post instead of looking at tranny twitter threads.
Federal reserve has fucked us
Inflation is not even bad yet. Let's talk about 30 trillion national debt.
Nah. You fucked yourselves when you put up with it for a fucking century and every time you had an opportunity to put a stop to it, you doubled down on debt fueled prosperity at the expense of future generations.
Payment due.
Bump. Do I sell my single share of amazon and jewgle in my Roth fellas? Gonna keep my DVN. On the fence figured I’d wait for the upcoming splits on the other two
>30 trillion national debt
That's another thing to handle. In 10 years time most of the congressional budget will have to go towards paying that interest. But before that normal people are going to experience a massive economic shit storm, and we all know that war is great for a debt ridden economy, right?
Exponential growth happens whenever something grows by X% per year (e.g. the population, or the economy)
Humans have a natural tendency to underestimate exponential growth, even people who study math, because the compound effects lead to mindbogglingly large numbers
The inflationary monetary system that's been in place since in the US since 1913 is based on exponential growth
The main reason that economies historically grew at an exponential rate is that the populations were also growing exponentially - plus continual increases in technology and utilization of natural resources
But what happens when this mind-boggling exponential growth comes up against a finite resource ceiling? It can only go one way...
The Federal Reserve's money printing is a pyramid scheme in every sense of the word
Like all pyramid schemes it's sustained by new people buying into it. When population growth began to slow down, immigration became the solution to sustaining growth
The reason we had a big fraudulent pandemic is that we needed to print a huge amount of money to keep the pyramid scheme going a little longer, not the other way around
Collapse of the pyramid scheme is mathematically inevitable, all they can do is delay that
The WEF is all about how powerful people can transition through the collapse of the pyramid scheme without losing their powerful positions
The plan is that since they can't control people by giving them fabricated money, they need authoritarian restrictions in place to protect people who have become powerful in the current system
In simple terms, there will be a "Great Reset" that involves moving to a new currency so that they can reset the pyramid scheme and start it over
This great reset will wipe out most personal savings, while keeping personal debt, and wiping away megadebts for the megabankers
It will be totally unjust and outrageous, but the authoritarian restrictions are there so that the consent of the masses is not necessary
End Central banking and introduce state banking and you will quite literally have a utopia within that state. The occupy wall st movement was the closest the pea brain masses got to a meaningful movement that transcended race, religion, ideologies etc. A history of central banking should be classroom reading
>The plan is that since they can't control people by giving them fabricated money, they need authoritarian restrictions in place to protect people who have become powerful in the current system
That's what I see happening. Like the patriot act after 9/11 there will be another power grab by the government to make sure the powerful people and institutions stay on top and crush any dissent.
>There are two main factors that has Dimon worried: First, the Federal Reserve has signaled it will reverse its emergency bond-buying programs and shrink its balance sheet. The so-called quantitative tightening, or QT, is scheduled to begin this month and will ramp up to $95 billion a month in reduced bond holdings.
>Central banks “don’t have a choice because there’s too much liquidity in the system,” Dimon said, referring to the tightening actions. “They have to remove some of the liquidity to stop the speculation, reduce home prices and stuff like that.”
>The other large factor worrying Dimon is the Ukraine war and its impact on commodities, including food and fuel. Oil “almost has to go up in price” because of disruptions caused by the worst European conflict since World War II, potentially hitting $150 or $175 a barrel, Dimon said.
The second part has me thinking that there will have to be some concessions on our side regarding Russian sanctions because the cost we will pay at home will be too much.
In the past two years most employers required a pledge of allegiance to an absurd set of lies, which is a strong test of loyalty to Evil and a way to materially disadvantage millions of people who care about the truth and have the courage to do what they know is right.
State banking is my best guess for what will turn our cold civil war into a hot war
A state will announce the creation of their own new currency and the Jewish world order will declare that they must be invaded
>Ghaddafi.jpg
There could very well be a few states within America that decide to fuck with globohomo and make their own currency, but it'll be destroyed.
one world global currency focused on equity.
fyi
it was trump that nationalized the fed.
no one wants to bring that up.
That has historically always been the case. However with the ability to 'freely' share information they might struggle should a positive example be set and the people get behind it. North dakota is the only state banking system as far as I'm aware and they don't experience the same economic issues as the rest.
1500 oz of silver in the closet. Another 40oz on the way.
>A history of central banking should be classroom reading
How would that help the agenda?
>The Federal Reserve is about to start shrinking its $8.9 trillion balance sheet, deploying a second tool along side higher interest rates to curb inflation, though officials don’t know just how effective it will be.
After doubling in size through asset purchases in the first two years of the pandemic, the balance sheet will be reduced at a pace that’s almost twice as fast as after the last financial crisis. While the process officially commences on Wednesday, the first US Treasury securities won’t run off until $15 billion mature on June 15.
The Fed is capping monthly runoff at $47.5 billion -- $30 billion for Treasuries and $17.5 billion for mortgage-backed securities -- until September. Those thresholds will then double to a combined $95 billion. That compares to a peak of $50 billion a month when the Fed performed the exercise starting in 2017.
>The Fed deployed massive asset purchases during the 2008 financial crisis for the first time since World War II, expanding the balance sheet to about $4.5 trillion by the time it stopped buying at the end of 2014. It then waited three years before allowing it to begin shrinking at the end of 2017, reducing it to about $3.8 trillion by September 2019.
>it was trump that nationalized the fed
Please explain what he did. I had no idea.
No they fucked you. Over a decade we've been telling you about it on here. You're the udiot who took the advice of reddditerds and continued working with them on Hope's it would all improve. I am quite isolated it was quite easy. Sounds like you're getting stuck with the bag.
Whos agenda? Certainly not the current globohomo one. It points out the periods of prosperity of nations throughout history that introduced their own banking systems that do not run on usery and interest banking.
Exactly, they can't allow anyone to exist outside their banking system for long since the additional prosperity without the presence of parasites would wake up everyone else
That's why it's one of the most realistic routes for reaching a hot war. I'm not so sure that globohomo could win, they've shot themselves in the foot by weakening the US military for decades
No shit? And... who... owns... the... FEDERAL RESERVE?
OY VEEEEEEEEEEEEYYYYYYYYYY
truthcontrol.com
EVERY.
SINGLE.
TIME.
>Some critics of the White House’s economic management, such as former treasury secretary Lawrence H. Summers, praised Biden for refraining in the Fed’s affairs. But it remains unclear whether the central bank has the latitude to tame inflation without causing a recession, and if that were to occur, it could prove an even worse headache for the Biden administration.
>“I don’t think there’s a durable reduction in inflation without a meaningful reduction in wage growth,” Summers told The Washington Post on Tuesday. “When inflation’s been above four percent and unemployment’s been below four percent, we’ve always had a recession within the next two years.”
>He added, “I think the likelihood is that we’re not going to get through this with a soft landing. … Given where we have been, it is going to be very difficult to get through this.”
When you're right you're right
I have no bags. Everyone is going to feel this to some degree, even you. And if prices moon then we will witness some crazy shit.
>US Federal Reserve chairman Jerome Powell said his goal is “to get wages down,” complaining workers have too much power in the labor market. Economist Michael Hudson says this is “junk economics,” and corporate monopolies are driving inflation, not wages.
>“Wages are running high, the highest they’ve run in quite some time,” the Fed chairman lamented.
>Workers need to be disciplined by the labor market, he insisted.
>Powell argued, “There’s a path by which we would be able to have demand moderate in the labor market and have—therefore have vacancies come down without unemployment going up, because vacancies are at such an extraordinarily high level. There are 1.9 vacancies for every unemployed person; 11½ million vacancies, 6 million unemployed people.”
Trillions of dollars now floating around and they want to lower wages. The banks will hold all the capital while we fight for scraps. Blackrock and the others haven't even started yet
I'd say inflation just lowers the standard of living in the West. Wages, unemployment benefits etc aren't keeping up. So people will have more money at hand but it buys them less. In theory this reduces the real value of debt but in practice it becomes harder to serve. Especially if interest rates go up as they should have long fucking time ago. But interest rate is controlled by the central banks not free market so they may aswell remain artificially low for years. I suspect countries like Russia, China, Brazil are gonna benefit. They have been slowly preparing to lower their dollar positions and the sanctions on Russia are further escalating this development. So what happens to these dollars and euros? They'll go back where they came from which probably means buying strategic euro/dollar nominated assets such as land. This could introduce protectionistic measures in the West. Anyway dollar will depreciate in value so that they can start producing things to export and fix their trade deficit. The standard of living in the said countries (BRICS) will rise from the strenghtening of their currency which will allow them to buy more goods imported from abroad. Many have suspected that the Great Reset involves revaluation of the central bank gold which is now valued at something like 42$ if I remember correct. So mark it up to current value and the Fed balance sheet will look very different. Russia and China have been accumulating gold past 10+ years so they are probably up to some kind of monetary reform (in fact they have been open about this). I don't think fiat money will be gone as it's too convenient for banksters and politicians to print wealth into their buddies. But something is ought to happen for sure. Just mindflow bullshit here. I don't know nothing.