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Flat tires on the business cycle
Zero Hedge;
Hedge Fund CIO: There’s So Much Going Wrong, So Many Manipulations, That I Don’t Trust Anything Right Now
"Now they’re restarting QE while assuring us it’s anything but QE – and no one can afford to miss another leg higher."
Ah yes, the constant battle between fear & greed.
Punishing Savings Through Inflation Is One Of The Greatest Crimes In Human History
"The Fed's 2% inflation targeting seems 'normal' these days but it is really a stealth tax on savings with no empirical basis for it whatsoever."
ONLY the jewish central bankers have endorsed the 2% inflation target. Paul Volker, a Presbyterian central banker judged that there was NO JUSTIFICATION at all for it. So, the jewish central bankers endorsed the target to finance the jewish-owned banks. "They" increased the money supply by about 6% a year to get 2% inflation. Actually, it is higher than 2%.
France: More Death To Free Speech
"Defending someone who is accused of being a 'racist' implies the risk of being accused of being a 'racist' too. Intellectual terror reigns in France..."
The French are protesting the poverty brought on by their Central Bank. THAT particular cause has been submerged out of the discussion.
$35 Billion: UK Faces Huge Loss From Electric Vehicle Adoption
"The UK’s mission to switch over to EVs and renewable energy by 2050 represents “a huge long-run fiscal challenge”
Calpers, the huge California state retirement fund mandated that it invest in "green" projects. They lost big-time on them.
Futures Tumble, Stocks Slide As China Wants More Talks Before Signing "Phase One" Trade Deal
"We are back to trade deal groundhog day."
G7 Panics, Says "Global Stablecoins" Pose Threat To Financial Stability
"...the introduction of 'global stablecoins' could pose a host of challenges to the regulatory community, not least because they have the potential to become systemically important... include challenges for financial stability""
When it gets right down to it, the State doesn't want any crypto except STATE crypto.
Armstrong, "We are in a position where there is a crisis on the horizon and we will see a hard landing outside the USA. The impact of a European banking crisis can send the dollar significantly higher. The risks for accounts will be in Europe, for there are no bailout policies"
Taking into account Armstrong's prediction of a world economic collapse on Jan 18, 2020, we can assume that European banks will close some time close to the second quarter.
Armstrong, "ANSWER: The original theory was to smooth out the business cycle. The political governments turned to the central banks and argued that they were responsible for the money supply. Therefore, it was allegedly their duty to control inflation irrespective of the spending of politicians. This was an inconvenient economic truth.
The problem is that the ONLY theory they have is the Keynesian Model. They really have no other theory to rely on. So they keep lowering rates, hoping to stimulate demand and are oblivious to the economic reality that the political side is hunting taxes and becoming more aggressive in tax enforcement."
Armstrong appears oblivious to the fact that off-shoring, automation and falling wages have diminished demand.
"They will pray at the foot of their bed before each night that their theory will somehow work. That is not going to happen or prevent anything. We must experience the pain before they would EVER consider any reform."
"Reform" to Armstrong implies that the State leave private enterprise completely uncontrolled. U.S. GOV spends 24% of the GDP. Imagine what will happen when State finance goes bust and, this spending stops. Armstrong just does not see UBI coming down the tracks.
QE4 'Not A QE' Begins - Fed Starts Buying $60 BillionIn Bills Per Month Beginning Next Week
QE Renamed To 'Reserve Management' !
"Formerly known as Hong Kong Shanghai Bank Corporation, HSBC has served as the world’s #1 drug money laundry since its inception as a repository for British Crown opium proceeds accrued during the Chinese Opium Wars. During the Vietnam War HSBC laundered CIA heroin proceeds."
"Deak & Company was the major gold dealer in Hong Kong and its operations were crucial to the CIA guns for heroin trade. Founded by OSS operative Nicholas Deak, it became the largest currency and gold trader in the US after WWII. Deak financed CIA adventures in Vietnam, the Mossadegh coup in Iran and the CIA’s assassination of nationalist Prime Minister Patrice Lumumba in the Congo. "
https://hendersonlefthook.wordpress....dirtiest-bank/
U.S. GOV assures us that there is a terrorist behind every rock. NOW, they assure us that the MAIN terrorist IS a rock.
https://www.express.co.uk/news/scien...rom%20%251%24s
The council on Foreign Relations (CFR) has produced a very intimately filmed video of a 2018 get together of all the major players in the 2008 crash.
https://www.youtube.com/watch?v=QozGSS7QY_U&t=536s
They seem to have left out a few facts.
In 2004, U.S. GOV mandated that the banks MUST give loans to people who did not qualify. The banks very fined if they did NOT approve loans to people who could NOT pay them back. Sub-prime borrowers defaulted on sub-prime loans.
The biggest shock to the system was the collapse of Lehman Bros. The Treasury Secretary at the time was straight out of Goldman Sachs. When the banks got into trouble, the secretary of the treasury orchestrated the execution of Lehman Bros.
When the Russian bond collapse brought down Long Term Capital Management, the banks all ponied up money to save the wider system from systemic collapse.. Bear Stearns refused to contribute. In the aftermath of the 2008 collapse, Bear Stearns was also executed.
Zero Hedge;
Hedge Fund CIO: There’s So Much Going Wrong, So Many Manipulations, That I Don’t Trust Anything Right Now
"Now they’re restarting QE while assuring us it’s anything but QE – and no one can afford to miss another leg higher."
Ah yes, the constant battle between fear & greed.
Punishing Savings Through Inflation Is One Of The Greatest Crimes In Human History
"The Fed's 2% inflation targeting seems 'normal' these days but it is really a stealth tax on savings with no empirical basis for it whatsoever."
ONLY the jewish central bankers have endorsed the 2% inflation target. Paul Volker, a Presbyterian central banker judged that there was NO JUSTIFICATION at all for it. So, the jewish central bankers endorsed the target to finance the jewish-owned banks. "They" increased the money supply by about 6% a year to get 2% inflation. Actually, it is higher than 2%.
France: More Death To Free Speech
"Defending someone who is accused of being a 'racist' implies the risk of being accused of being a 'racist' too. Intellectual terror reigns in France..."
The French are protesting the poverty brought on by their Central Bank. THAT particular cause has been submerged out of the discussion.
$35 Billion: UK Faces Huge Loss From Electric Vehicle Adoption
"The UK’s mission to switch over to EVs and renewable energy by 2050 represents “a huge long-run fiscal challenge”
Calpers, the huge California state retirement fund mandated that it invest in "green" projects. They lost big-time on them.
Futures Tumble, Stocks Slide As China Wants More Talks Before Signing "Phase One" Trade Deal
"We are back to trade deal groundhog day."
G7 Panics, Says "Global Stablecoins" Pose Threat To Financial Stability
"...the introduction of 'global stablecoins' could pose a host of challenges to the regulatory community, not least because they have the potential to become systemically important... include challenges for financial stability""
When it gets right down to it, the State doesn't want any crypto except STATE crypto.
Armstrong, "We are in a position where there is a crisis on the horizon and we will see a hard landing outside the USA. The impact of a European banking crisis can send the dollar significantly higher. The risks for accounts will be in Europe, for there are no bailout policies"
Taking into account Armstrong's prediction of a world economic collapse on Jan 18, 2020, we can assume that European banks will close some time close to the second quarter.
Armstrong, "ANSWER: The original theory was to smooth out the business cycle. The political governments turned to the central banks and argued that they were responsible for the money supply. Therefore, it was allegedly their duty to control inflation irrespective of the spending of politicians. This was an inconvenient economic truth.
The problem is that the ONLY theory they have is the Keynesian Model. They really have no other theory to rely on. So they keep lowering rates, hoping to stimulate demand and are oblivious to the economic reality that the political side is hunting taxes and becoming more aggressive in tax enforcement."
Armstrong appears oblivious to the fact that off-shoring, automation and falling wages have diminished demand.
"They will pray at the foot of their bed before each night that their theory will somehow work. That is not going to happen or prevent anything. We must experience the pain before they would EVER consider any reform."
"Reform" to Armstrong implies that the State leave private enterprise completely uncontrolled. U.S. GOV spends 24% of the GDP. Imagine what will happen when State finance goes bust and, this spending stops. Armstrong just does not see UBI coming down the tracks.
QE4 'Not A QE' Begins - Fed Starts Buying $60 BillionIn Bills Per Month Beginning Next Week
QE Renamed To 'Reserve Management' !
"Formerly known as Hong Kong Shanghai Bank Corporation, HSBC has served as the world’s #1 drug money laundry since its inception as a repository for British Crown opium proceeds accrued during the Chinese Opium Wars. During the Vietnam War HSBC laundered CIA heroin proceeds."
"Deak & Company was the major gold dealer in Hong Kong and its operations were crucial to the CIA guns for heroin trade. Founded by OSS operative Nicholas Deak, it became the largest currency and gold trader in the US after WWII. Deak financed CIA adventures in Vietnam, the Mossadegh coup in Iran and the CIA’s assassination of nationalist Prime Minister Patrice Lumumba in the Congo. "
https://hendersonlefthook.wordpress....dirtiest-bank/
U.S. GOV assures us that there is a terrorist behind every rock. NOW, they assure us that the MAIN terrorist IS a rock.
https://www.express.co.uk/news/scien...rom%20%251%24s
The council on Foreign Relations (CFR) has produced a very intimately filmed video of a 2018 get together of all the major players in the 2008 crash.
https://www.youtube.com/watch?v=QozGSS7QY_U&t=536s
They seem to have left out a few facts.
In 2004, U.S. GOV mandated that the banks MUST give loans to people who did not qualify. The banks very fined if they did NOT approve loans to people who could NOT pay them back. Sub-prime borrowers defaulted on sub-prime loans.
The biggest shock to the system was the collapse of Lehman Bros. The Treasury Secretary at the time was straight out of Goldman Sachs. When the banks got into trouble, the secretary of the treasury orchestrated the execution of Lehman Bros.
When the Russian bond collapse brought down Long Term Capital Management, the banks all ponied up money to save the wider system from systemic collapse.. Bear Stearns refused to contribute. In the aftermath of the 2008 collapse, Bear Stearns was also executed.
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