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  • "Since just before the financial crisis the top 1% have added $20 trillion to their assets while the bottom 50% have added a mere $1.5 trillion between them.
    With an asset appreciation of $21.5T between the 2 groups the top 1% took 93% of the gain. This is the result of a monetary system that is entirely focused on managing the economy with asset prices"
    Billionaires got 54% richer during pandemic, sparking calls for "wealth tax"

    It's pretty simple. The rich could engineer price inflation
    The working man could never engineer wage inflation.
    Key to this arrangement were the (tribe) FED heads. The FED heads (except for Volker, a Presbyterian) argued that we must have 2% price inflation per year. This required about 6% currency inflation to accomplish. Volker came out and clearly stated that there is NO justification for a 2% inflation target. Not to a goy, anyhow.
    The wet-ink money went straight to the banker & speculator class. They didn't care about price inflation because they were hooked up to the money machine.
    The price of gold was surprised to hide the effects of inflation on REAL money.

    This loss of purchasing power for the working man necessitated that he work much harder. He couldn't afford to slack off if he wanted to have a family,,,, or continue eating.
    It didn't matter how much wealth he produced, he would get his hourly wage.
    ALL savings were funnelled into the commercial banks for them to speculate. They used your money to front-run EVERYTHING.
    If that amount of money wasn't enough for them to buy up everything, the FED tossed in a few more $trillion to them.,
    4/21 Opportunities abound as the commodities super cycle ramps up – TT

    Yep, they are planning on a huge price rise in commodities. They believe that they can squeeze us that much more.
    BUT, it takes money to buy commodities. It has been well proven that all spending stops when the stimulus checks stop.
    We'll see.
    The hot money has driven the price of housing to extreme highs.
    The number of owner-occupied houses has barely risen since 1985.
    EVERYBODY wants to buy a house and rent it out at some astronomical price.
    Klaus Schwab tells us that in 10 years, you won't own anything, you will rent everything"

    Michael Hudson has a lot to say about this arrangement.
    Michael Hudson - Changes in Superimperialism

    Polarisation, Then a Crash: Michael Hudson on the Rentier Economy

    Debt And Power - With Michael Hudson


    • Doug Casey On The Shocking 2025 'Deagel' Forecast: War, Population Reduction, & The Collapse Of The West

      In First Since 2016, Japanese Investors Panic After Stocks Tumble... And BOJ Refuses To Buy ETFs
      But one day of investor panic is all Kuroda could stand and the BOJ promptly resumed purchasing of ETFs, and taking over the Japanese stock market, the very next day.
      Yep, don't ever let off the gas.

      Biden's 'Orderly' Afghan Exit Already In Peril As Suicide Attack Rocks Kabul
      Yep Al CIAduh

      America's "Helicopter Parent"
      ..once the fragile, brittle, disconnected-from-reality system the Fed has created crashes, the Fed will be as powerless as all the other helicopter parents to reverse the irreversible consequences of their meddling with moral hazard.

      From Trees To Lumber, Sawmills Boost Profits As Crack Spread Erupts
      There is LOTS of lumber. They are holding it off-market.

      Every Physical Silver Ounce Has Been Sold Up To 1000x

      REvil Group Extorts Apple In $50 Million Ransomware Hack Of Supplier Quanta

      "We recommend that Apple buy back the available data by May 1. More and more files will be added every day."
      • WED APR 21, AT 8:35 AM

      4/21 Did $12 trillion of stimulus kill the debt default cycle? – Bloomberg (paywall)


      • It seems that everything is related to economics. Human nature plays a huge part.

        "Giving money and power to government is like giving whiskey and car keys to teenage boys." - P.J. O’Rourke
        How Free Market Economics Drives Liberty
        Drunk on Money, Drunk on Power

        It was the historian Lord Acton who famously observed, “Power tends to corrupt, and absolute power corrupts absolutely.”
        Since then, psychology has demonstrated how prolonged exposure to power turns pretty much everyone into a tyrant. The infamous Stanford Prison Experiment shows how giving well-educated students positions of power could transform their behaviour in a matter of days. The Daedalus trust is an organisation devoted entirely to the study of how prolonged exposure to power alters the functioning of people’s brains, down to its very architecture and chemical balances.[i]

        What stops most people becoming tyrants is a combination of things; such as failures, democratic elections and crucially, lack of resources. Without those things to peg us back, the little dictator inside all of us would eventually emerge.
        The Rule of Lawyers
        Perhaps the best example of this creeping tyranny is the explosion in regulation
        From 1970 to 2017, the number of words in the Code of Federal Regulations (CFR) nearly tripled from 35 million to over 103 million, amounting to over 168,000 pages. There are over 70 federal regulatory agencies, employing over a quarter of a million people to write and implement regulations. Every year, they issue about 3,500 new rules.

        “Federal regulations added over the past fifty years have reduced real output growth by about two percentage points on average...It's worth thinking about that for a moment. Each individual American, the society as a whole, would be three times richer than they are if there had not been that explosion of regulation of the economy since WWII.

        There you have it; bureaucrats & lawyers suck the lifeblood out of the economy.
        This argues for a system that excludes petty bureaucrats that are ALWAYS on a power trip due to human nature.
        Armstrong explains the operating system that is Socrates.


        • Ruble Jumps After Russia Surprises With Bigger Than Expected Rate Hike
          THAT will definitely attract capital inflows.

          "Agricultural Disaster" - Frost Blast Decimates French Vineyards, May Slash Total Wine Output By Third
          "Decimate" The Roman procedure of killing 1 out of every 10 people.

          How Much Ruin Do We Have Left?
          The challenge is not just enemies abroad such as China, Russia, North Korea, and Iran. The greater problem lies within...

          "You Ain't Seen Nothing Yet: The Digital Yuan Can Be Turned Off Like A Light Switch"
          Well, did you expect anything different from digital currencies???

          Income Transfer Schemes: US Versus China - Which Country Is In The Worst Shape?
          Interesting article on who is be4ing screwed worse. At least, China has decent trains.

          At The Fed, It's "A Tale Of Two Diversities"
          While having more people of color, females, or even transgendered would bring a different physical look to the Fed, there remains the unseen and overlooked area of diversity, i.e., “intellectual diversity.”
          Yep, they need a good mix of unqualified people to round out their diversity.

          Stockman: Triumph Of The Woke Mob Led By Two Doddering Old Fools
          Yep, more diversity. Fools need jobs too.


          • For Fiscal Year 2020 (FY2020), the Department of Defense's budget authority is approximately $721.5 billion

            Pentagon Racks Up $35 Trillion in Accounting Changes in One Year

            On September 10, 2001, then U.S. Defense Secretary Donald Rumsfeld disclosed that his department was unable to account for roughly $2.3 trillion worth of transactions.

            By 2015, the amount reported missing by the Office of the Inspector General had increased to $6.5 trillion—and that was just for the army.

            “un-documentable adjustment.” This is similar to when your checkbook balance is off by, say, ten dollars; you add or subtract that amount to make everything balance with the bank. In 1999, the amount that the Pentagon adjusted was eight times the Defense Department budget for that year; it was one-third greater than the entire federal budget.

            "Journal vouchers are summary-level accounting adjustments made when balances between systems cannot be reconciled. Often these journal vouchers are unsupported, meaning they lack supporting documentation to justify the adjustment or are not tied to specific accounting transactions…. For an auditor, journal vouchers are a red flag for transactions not being captured, reported, or summarized correctly."

            Using public data from federal databases, Mark Skidmore, a professor of economics at Michigan State University, found that $21 trillion in unsupported adjustments had been reported by the Defense and Housing and Urban Development

            OK, you get the idea. Don't believe ANY $numbers that you hear from the government.


            • For those who are keeping track, YES, the bubble has popped.

              Stocks Puke As Biden's Capital Gains Tax Reality Strikes

              The Only Way To Get Ahead Now Is Crazy-Risky Speculation

              The only halfway reliable numbers are pre-plandemic.
              51% of Americans were receiving a check from GOV. Who knows what it is now?
              Chris Hedges has very good perspective on the fate of America.

              Chris Hedges: The Unraveling Of The American Empire
              America’s defeat in Afghanistan is one in a string of catastrophic military blunders that herald the death of the American empire. With the exception of the first Gulf War, fought largely by mechanized units in the open desert that did not — wisely — attempt to occupy Iraq, the United States political and military leadership has stumbled from one military debacle to another. Korea. Vietnam. Lebanon. Afghanistan. Iraq. Syria. Libya. The trajectory of military fiascos mirrors the sad finales of the Chinese, Ottoman, Hapsburg, Russian, French, British, Dutch, Portuguese and Soviet empires
              Imperial ineptitude is matched by domestic ineptitude.
              The collapse of good government at home, with legislative, executive and judicial systems all seized by corporate power, ensures that the incompetent and the corrupt, those dedicated not to the national interest but to swelling the profits of the oligarchic elite, lead the country into a cul-de-sac.

              There is not a single case since 1941 when the coups, political assassinations, election fraud, black propaganda, blackmail, kidnapping, brutal counter-insurgency campaigns, U.S. sanctioned massacres, torture in global black sites, proxy wars or military interventions carried out by the United States resulted in the establishment of a democratic government.
              The massive allocation of money and resources to the U.S. military, which includes Biden’s request for $715 billion for the Defense Department in fiscal year 2022, a $11.3 billion, or 1.6 percent increase, over 2021, is not in the end about national defense. The bloated military budget is designed, as Seymour Melman explained in his book, The Permanent War Economy, primarily to keep the American economy from collapsing.

              Our decades-long military fiascos, a feature of all late empires, are called “micro-militarism.
              The Roman empire, which at its height lasted for two centuries, created a military machine that, like the Pentagon, was a state within a state. Rome’s military rulers, led by Augustus, snuffed out the remnants of Rome’s anemic democracy and ushered in a period of despotism that saw the empire disintegrate under the weight of extravagant military expenditures and corruption.

              The previous post lists extravagant military expenditures directly related to the prescriptions in this article.

              The British empire, after the suicidal military folly of World War I, was terminated in 1956
              “While rising empires are often judicious, even rational in their application of armed force for conquest and control of overseas dominions, fading empires are inclined to ill-considered displays of power, dreaming of bold military masterstrokes that would somehow recoup lost prestige and power,” the historian Alfred W. McCoy writes in his book In the Shadows of the American Century: The Rise and Decline of US Global Power: “Often irrational even from an imperial point of view, these micromilitary operations can yield hemorrhaging expenditures

              The worse it gets at home the more the empire needs to fabricate enemies within and without. This is the real reason for the increase in tensions with Russia and China. The poverty of half the nation and concentration of wealth in the hands of a tiny oligarchic cabal,
              The fašade of empire is able to mask the rot within its foundations, often for decades, until, as we saw with the Soviet Union, the empire appears to suddenly disintegrate.

              Previous to current economic conditions, about 15% of American companies were unable to pay the interest on their debt.
              They simply printed new bonds to pay off the old bonds.
              Naturally, interest rates had to be suppressed to make this work.
              Naturally, hot money had to be printed to buy these super-risky bonds.

              So, where are we now in regards to corporate debt?
              "But to complete the record, the SocGen strategist adds that even after this profit rebound, global equities will be trading at over 21x earnings, which is extremely expensive on most historical measures,"
              "Finally, the amount of global market capitalization that has reported a negative profit number in the last year and in each of the last three years is higher than at any point during the past 22 years, and has even surpassed the dot com bubble."
              Negative profit numbers for 3 years.

              Rabo: The Irony Is That Both Wall Street And Silicon Valley Went All-In To Get Biden Elected
              NO mention of the tribe?

              How Empires End

              “Experience hath shewn, that even under the best forms of government those entrusted with power have, in time, and by slow operations, perverted it into tyranny..."


              • 4/23 Bitcoin price plunges as $260 billion wiped off cryptocurrencies – CNBC
                4/23 Ether plunges 10% a day after hitting record high – Reuters
                4/23 CEO of Turkish cryptocurrency exchange Thodex missing – CNBC
                4/23 Bitcoin a ‘gimmick’ and resembles a Ponzi scheme: ‘Black Swan’ author – CNBC

                The State-Corporate Convergence In Our State Of Emergency
                The old saw that “these are private companies” does not hold water, because clearly these corporate bodies have been enrolled as state apparatuses...

                Fascism is the marriage of BIG GOV and BIG business. What happens when the marriage becomes too costly?

                Top Twelve Political Donors Give $1 Out Of Every $13

                Biden's Global Climate Summit Kicks Off Full-Tilt Wealth Redistribution
                I'm sure that all the rich people are on-board with this.

                21 statistics
                $1 billion: central banks purchased $1bn of financial assets every hour since Feb’20 ($21tn since GFC).
                $51 trillion: gain in global equity market cap since Mar’20 lows (fastest/largest rally all-time).
                1557: # of stocks in MSCI ACWI index (3042 constituents) currently in bear market (20% below their all-time high).
                Yep, 1/2 the market is failing

                $602 billion: inflow to global stocks past 5 months exceeds inflow of prior 12 years ($452bn).
                Think about it. GOV will own all the markets. They won't need to sell so, the markets will never crash.


                • Level 74 clearance of money systems keyword "Restoration"


                  • Move to minute 28 for level 74 Kim, mob+ AI selected KIM who is an American. The worlds money is at a stand still. No money will be issued to persons who are evil. No more Black money. BlackSun, black water, black ops and so on, black bonds black everything. You can kill her and the system will respond the same for the next 100 years. AI making 30 trillion exchanges per second able to read intentions based on all communications past present and knowing the future. The world is changing


                    • The "Black Monday" stock market crash of October 19, 1987, saw U.S. markets fall more than 20% in a single day. It is thought that the cause of the crash was precipitated by computer program-driven trading models

                      Shortly after the market crash of 1987, the Fed cut rates, changing course in the middle of a tightening cycle. That action has famously become known as the “Greenspan put”

                      The term Bernanke put has become almost as ubiquitous as the Greenspan put was during the late-1980s and 1990s. Derived from the concept of a put option, these terms refer to central bank policies that effectively set a floor for equity valuations."

                      A few days ago, I wrote that the Greenspan put was the genesis of our current bubble. Others have noticed.
                      'Patient Zero' Of The Bubble Pandemic: Alan Greenspan
                      Greenspan’s fantasy policy then, as now, was that lower rates stimulate markets, and that market wealth trickles down to economic health..."
                      The Maestro never projected that price inflation would outrun wage inflation. The economy ran out of gas a while back. It is running on fumes.
                      "They" are printing up trillions of currency units to try to rescue the system.

                      4/24 The stock market is just one hedge fund blowup away from a crash – PSW

                      4/24 The inflationary bubble enters its final and worst stage – Zero Hedge

                      4/24 The heroic Congressional fight to protect the rich – Matt Taibbi
                      A handful of Democrats want to hold up a $2 trillion infrastructure bill to save a choice tax deduction for the wealthy, not that you'll hear it described that way...

                      Without the golden rev-limiter on the printing press, the (so-called) liquidity creation goes into overdrive.

                      "This Is Massive": Shadowy DARPA-Linked Company Took Over 'Chunk' Of Pentagon's Internet In Inauguration Day Mystery

                      Why Illinois Is In Trouble: 122,258 Public Employees Earned $100,000+ Costing Taxpayers $15.8 Billion

                      Euroscepticism Grows In Germany As 63% Say EU Is Excessively Bureaucratic
                      The other 27% are themselves,,, bureaucrats

                      EPA Bans Most Wood Burning Stoves In a Corrupt Scheme - Fireplaces Next
                      After that they are going after forced-air furnaces.

                      4/24 US inflation indicators flashing red alarm – Asia Times
                      4/24 Bitcoin loses $97 billion in 24 hours – Forbes

                      Only 6 countries benefited from globalization.
                      Who Benefitted From The Euro And Who Pays The Piper Now?
                      [Germany] was the biggest beneficiary. But now they are potentially the biggest losers because all the other countries owe them a lot of money and have no real way to pay any of it back..."


                      • "First proposed in 1966 and named after Columbia University sociologists Richard Andrew Cloward and Frances Fox Piven, the Cloward-Piven Strategy seeks to hasten the fall of capitalism by overloading the government bureaucracy with a flood of impossible demands, thus pushing society into crisis and economic collapse."

                        Armstrong, "NEVER in my wildest dreams did I personally ever expect that this insane agenda to actually redesign the world economy by destroying it first and then Build Back Better would have ever been entertained by intelligent people."

                        It is understandable that somebody would want to crash crony capitalism. A very close cousin to fascism. Crony capitalism has brought us to an untenable situation. Rescuing the rich from bad decisions has corrupted the whole system.

                        "Deagel was previously forecasting the US population to drop to 54 million people ..."
                        Deagel bases this on a prediction of WW III breaking out.

                        The World Economic Forum out of Davos is hard at work to precipitate the crash called for by Cloward and Piven.
                        Since all the major central banks are creating liquidity at breakneck speed, it is obvious that, there is no going back.

                        Jewish Encyclopedia
                        "Theory of civil polity which advocates public collective ownership, production, and distribution. Jews have been prominently identified with the modern Socialist movement from its very inception."
                        Greenspan and, most of the FED heads are Jewish.
                        Greenspan has been described as "patient zero" in the inflation epidemic.
                        Does this imply that uber-powerful FED heads have been working to bring America into the socialist fold?

                        "Klaus Schwab was born in Nazi Germany in 1938. His Jewish mother fled the country,"
                        The Jewish Voice
                        Practical capitalism is to be supplanted by what Schwab calls “stakeholder capitalism” in which the private sector is tightly controlled by government (otherwise known as “fascism”).
                        Private property deforms the natural relations between human beings and must be abolished. Private transportation will not be allowed. “Contrary content” in the printing or production of materials will not be permitted, at the cost of access to social media and Internet domains. Fossil fuels will be replaced wholesale by Green technologies. Home gardens will be outlawed.
                        Society will become “cashless” and all standard monetary transactions replaced by digital currency and governed by electronic means, which can be cancelled by reigning authority at the slightest provocation. Debts will be forgiven and creditors will face the prospect of bankruptcy. The middle class and small entrepreneurs will be wiped out.

                        The United States must be neutralized via social isolation, lockdown-induced poverty, and facemask conformity and passivity.
                        ndeed, COVID is a more powerful persuader even than “climate change,” since virus panic works immediately but climate panic “can only follow with a time lag.” Canadian Prime Minister Justin Trudeau, a committed Marxist and an admirer of Schwab, is also on board. Addressing the United Nations, Trudeau asserted that “This pandemic has provided an opportunity for a reset.

                        OK, you get the idea.
                        Because of the sins of crony capitalism, Schwab & company want to bring us the blessings of socialism and, transhumanism.
                        This is COMPLETELY INCOMPATIBLE with human nature.


                        • The world owes a lot to the people of France. America also owes a lot to France.
                          "The primary ally for the American colonies was France. At the start of the war, France helped by providing supplies to the Continental Army such as gunpowder, cannons, clothing, and shoes. In 1778, France became an official ally of the United States through the Treaty of Alliance."

                          Unfortunately, France has always had socialist leanings.
                          Unfortunately, France had colonies in North Africa.
                          The Kalergi plan calls for the Europeans to be replaced by various types of riff-raff.
                          • Practical Idealism: The Kalergi Plan to Destroy European Peoples
                          Unfortunately, France has had a LOT of immigration from North Africa by people who have zero interest in European culture.
                          Unfortunately, their socialist tendencies have prompted them to give lifelong welfare payments to all the invaders.
                          The French (those who work) must work 205 days of the year to pay all their taxes.
                          The GOV spends 57% (old number) of the GDP.

                          France has about 800 no-go areas where the police can not enter without starting a riot.
                          The Immigrant guests of France torch over 40,000 cars every year to show their displeasure with the country. Arab gangs everywhere.

                          It is a well known fact that various power groups want to destroy the European tribes and European culture.
                          Military Slams Macron! “France In Mortal Danger” Of Civil War Due to Anti-West Globalist Policies of “Disintegration”...When Will American Military Leaders Speak Up?
                          "That is why over 20 former and current elite generals, numerous senior officers, and over 1000 soldiers recently penned a remarkable letter condemning the policies that are intentionally dividing France and debasing its citizens and culture, while supporting people who hate them."
                          By allowing these forces to advance, the letter promises that the end result will be a racial civil war.
                          The article includes a very good letter explaining why the French Military do NOT want to see their homeland destroyed.

                          The communists have always felt that race relations were a weak point to attack in America.
                          This will probably come about eventually. The Tribe-controlled MSM is hard at work to bring on the race wars.
                          The woke left is telling the minorities that the white man is their enemy,,, their enslaver.


                          • Greenspan started the rescue of finance. It continues to grow beyond all control. Leverage grows non-stop.

                            "no less blunt in warning those who will listen that such epic bubbles always, and without exception, lead to equally epic busts.
                            "With central bankers now following the lead of Alan Greenspan (the author of the current “everything bubble” and “everything bust” to come) printing trillions of increasingly debased dollars to purchase otherwise unwanted bonds,"
                            How We Got Here: Alan Greenspan’s “Wealth Effect”?

                            Even The 'Cheapest' Homes In America Are Rising At 4x The Fed's Inflation Target
                            The big question in my mind;
                            How far / high will currency inflation run?
                            At what point will they stop printing?
                            Why Global Inflation Is About To Go Into Overdrive

                            Futures Hit All Time High In Sleepy, Overnight Session
                            And, then?

                            4/27 The Fed has misled the public about the ‘strength’ of the megabanks – GATA
                            In the GFC, the big banks crashed more than the rest of the economy. They know that it will be worse next time.

                            Biden's Stimulus Checks "Wreck Labor Pool" As People Get Paid To Stay Home
                            They have always robbed us out of fear that we wouldn't show up for work.


                            • Armstrong;
                              "Yes, I have said there remains the risk of a 50% decline in population as the Sixth Wave of the Economic Confidence Model concludes. This is historically standard."
                              "There are scientists who are starting to actually correlate these trends. The death rate will be far higher in the less developed countries. But it will also be greater in Europe than in North America.
                              Moreover, we are looking at the collapse of governments on a wholesale level. This is the end of Republics as we have known them."

                              OBVIOUSLY, the amount of food produced will depend a lot on the price of energy used to produce that food.
                              On the farm, there is no substitute for diesel fuel.
                              A tractor equivalent to the Nikola Tesla car.would be great.
                              The most commonly reported Tesla electric car was a converted Pierce-Arrow, from 1931.