Source – economicprism.com “…In the late-1970s, that both inflation and unemployment went up in tandem? According to the Phillips curve they were mutually exclusive. In reality, the Phillips curve was elegant nonsense. Like most elegant nonsense, it was right until the precise moment it was wrong” How Central Planners Corrupted the World By MN Gordon…
Source – bitcoinmagazine.com “…Bitcoin will positively adjust the calculus of violence by which states decide how and where to project power and secure their respective interests. By shifting a large portion of national wealth from easily seized and vulnerable tangible assets into digital form, the incentives to violent conflict – as a means of confiscating…
Source – strategic-culture.org “…For nearly two years, we have been living through the progressive enshrinement of techno-feudalism…In lightning speed, the techno-feudalism virus metastasized into an even more lethal, wilderness of mirrors variant, with cancel culture enforced by Big Tech all across the spectrum and science routinely debased as fake news across social media. The average…
Source – oftwominds.com “…One of the most enduring conceits of the modern era is that the Federal Reserve acts to goose growth and therefore employment while keeping inflation moderate…This conceit is extremely handy as PR cover: the Fed really, really cares about little old us and expanding our ballooning wealth. Nice, except it doesn’t. The…
Source – schiffgold.com “…In 2021, people frequently paid thousands of dollars for virtual sneakers, and someone paid $450,000 to acquire a virtual piece of property in the “Snoopverse,” a digital world created by rapper Snoop Dogg…those lucky enough to own assets are enjoying one more spin on the merry-go-round. Only about a week into 2022, shares of Gamestop,…
Source – scheerpost.com “…In our society, on average, men get paid more than women, white people get paid more than Black people and Native people, and most everyone gets paid more than ugly people. (I’m not even kidding — ugly people earn up to 15% less per hour in the workplace.) Society. Is. Not. Fair.”…
Source – economicprism.com “…As night follows day should not price inflation follow money supply inflation?…Unlike the QE from 2008 to 2015, the QE from 2019 to the present included massive social spending. This was more than a Wall Street bailout. The $6 trillion in deficit spending represents fake money that’s been released directly into the…
Source – mronline.org “…Now the stage was set for the announcement of a serious counter-move in their carefully coordinated ballet opposing the relentless Hybrid War/Cold War 2.0 combo deployed by Empire. As Assistant to the President for Foreign Policy Yuri Ushakov succinctly explained, Putin and Xi agreed to create an “independent financial structure for trade…
Source – thesaker.is “…We’re told that debt forgiveness is impossible, because all debts must be paid, and to do the opposite is to invite anarchy and chaos. But what if none of it was true? Renowned economist Michael Hudson tells Branko Marcetic on New Zealand’s 1/200 podcast about the debt jubilees of the ancient world,…
Source – zerohedge.com “…The betting market becomes a bigger part of the economic system. We’re not a manufacturing economy anymore, the US is a casino….next year we will enter a political dynamic unlike anything we’ve seen in a 100yrs,” continued the same CIO…“It’s almost like the housing crisis. In 2006 it was obvious that the…
Source – wallstreetonparade.com “…The Fed is only releasing the information because the Dodd-Frank financial reform legislation of 2010 made it a legal obligation of the Fed to do so. The Fed had fought a multi-year court battle with the press after the 2008 financial crisis to keep its secret bailouts to Wall Street firms hidden…
Source – childrenshealthdefense.org “…yet another “simulation” of a large-scale and destructive global catastrophe will, for some, bring back recollections of “Event 201” and what followed thereafter — infamously described on March 20, 2020, by then-U.S. Secretary of State Mike Pompeo as a “live exercise.” International Finance Leaders Hold ‘War Game’ Exercise Simulating Global Financial Collapse.…
Source – oftwominds.com “…The explosion of debt and interest due on that debt could not occur if interest rates still topped 10%…Without continuous injections of more “free money” and suppression of interest rates, the market–oh, the horror!– would re-assert its price discovery mechanisms which tied interest rates to risk….The central bank-engineered suppression of interest rates has destroyed…
Source – globalintelhub.com “…Against the backdrop of clown world simulation shifting into ever-higher gears, Bitcoin has become a heartbeat and source of truth and sanity for millions around the world. The sheer importance of an individually-enforced, voluntarily-sought, collective and objective truth cannot be overestimated” THE HUMANITY-ALTERING POTENTIAL OF BITCOIN As we enter 2022, we should…
Source – economicprism.com “…Price inflation. Supply chain disruptions. Labor shortages. Energy shortages. Food and fertilizer scarcity. Extreme wealth disparity. Stock, bond, and real estate bubbles. Flash mob smash and grab robberies. And much, Much More…For these reasons, and many others, 2022 will be the year of the mega collapse. In fact, it’s already happening” How…
Source – project-syndicate.org “…Against this background, political dysfunction is increasing in both advanced economies and emerging markets. The US midterm elections may offer a preview of the full-blown constitutional crisis – if not outright political violence – that could follow the presidential vote in 2024. The US is experiencing near-unprecedented levels of partisan polarization, gridlock,…
Source – ronpaulinstitute.org “…Recent polls show Americans expect continued large price increases. This indicates we may be on the verge of what Ludwig von Mises called a “crack-up boom.” A crack-up boom occurs when the general population realizes that constant currency depreciation is a feature, not a bug, of central banking” Is The Crack-Up Boom…
Source – alt-market.us “…I wrote about it extensively at the time along with my position that the Fed could and would taper, at least for a short period, which would lead to an accelerated crash of stocks. This did in fact happen, but as we all know the Fed reversed course not long after….This reversal…
Source – goldswitzerland.com “…The financial, economic and moral devastation which is about to hit the world will for more than 99.5% of the people come out of the blue like a flash from a clear sky. For most people, coming events will thus be like the definition of the word CHAOS: “A state of total confusion…
Source – oftwominds.com “…The most sacred liturgy of American culture is to always be positive and optimistic. The greatest taboo is breaking this sacred duty to say something upbeat and optimistic; it is acceptable (barely) to make awkwardly negative observations, but only if you immediately follow up the negative comments with a treacly, double-serving of…
Source – zerohedge.com “…Let me summarise. Like covid, the “cyber pandemic” is a plan-demic designed to usher in the Great Reset (a plan originally made in 1992 and titled Agenda 21 at the UN)….This plan we are told is to “save” the world from a climate crisis, too much consumerism, and inequality. Naturally, in order…
Source – margaretannaalice.substack.com “…Among other common lies, we have the silent lie—the deception which one conveys by simply keeping still and concealing the truth. Many obstinate truth-mongers indulge in this dissipation, imagining that if they speak no lie, they lie not at all – Mark Twain” Profiles in Courage: Dr. Tess Lawrie A New Series,…
Source – ellenbrown.com “…Rather than a reduction in demand, we need more supply available locally; and to fund its production, credit-money needs to increase. When supply and demand increase together, prices remain stable, while GDP and incomes go up. So argues UK Prof. Richard Werner, a German-born economist who invented the term “quantitative easing” (QE) when…
Source – lewrockwell.com “…It has been said, the rich buy stocks and the poor lottery tickets…in the past decade or two almost all of the increased value in our modern society has been captured by the oligarchs, the billionaires. The top 10% owns 70+% of everything. Now Congress just has oligarchs fund stuff instead of voting…
Source – asiatimes.com “…Putin and Xi once again discussed one of their key themes in bilaterals and BRICS meetings: the need to keep increasing the share of the yuan and ruble in mutual settlements – bypassing the US dollar….The US – with US$30 trillion in debt, 236% of its militarized GDP – is virtually bankrupt.…
Source – williamengdahl.com “…It’s looking increasingly likely that the US Federal Reserve and the globalist powers that be will use the dramatic rising of inflation as their excuse to bring down the US financial markets and with it, crash the greatest financial bubble in history…the trillions of dollars in emergency spending by both Trump and…
Source – oftwominds.com “…In the modern analogy, we stripped all the low-hanging hydrocarbon energy and exploited the magic of money-printing and its sibling, debt, and now we’re ready to print another couple hundred trillion magical dollars and buy a replacement global energy system” Smart Enough to Get Rich, Not Smart Enough to Keep It Are…
Source – zerohedge.com “…After months of anticipation, Evergrande finally failed to meet obligations on time – and it wasn’t the Lehman moment that some had predicted.…For now it seems authorities have accomplished their goal of teaching wayward companies (and the foolhardy foreign investors who bankrolled them) a tough lesson without crashing the nation’s financial markets….Beijing…
Source – mises.org “…With technology and financialization, the result is “[w]e’re gamifying real estate investment to the point that it’s almost like throwing money at the stock market,” a thirty-five-year-old tech worker told Mari. The days of paper and ink are over. It’s FaceTime, DocuSign, and electronic fund transfers, making everything seamless. Real estate money…
Source – zerohedge.com “…The lie that this significant ramp in secular inflation was only “transitory” was evident if you looked at their published August 2019 plans. Back before the NYFed REPO loan fiasco kicked off and many months before, the global economy reportedly was shut down by bat soup….Having seen the unprecedented expansion of the major central…
Source – oftwominds.com “…Alas, humans do not possess god-like powers, they only possess hubris, and so all bubbles pop: the more extreme the bubble, the more devastating the pop“ The Long Cycles Have All Turned: Look Out Below – By Charles Hugh Smith But alas, humans do not possess god-like powers, they only possess hubris,…
Source – inequality.org “…Few conventional observers today can imagine an art world without the exceedingly wealthy. Rich people dominate the governance boards of the world’s great museums. They even occasionally open up their own museums…this mega-rich-as-our-cultural-salvation narrative has everything upside down. The wealthy of the world aren’t saving art’s future. They’re choking it, shrinking both…
Source – renegadeinc.com “…All these crisis are camouflage for central bankers and policymakers to print more money and throw it into a broken system that benefits billionaires but eviscerates the middle class. Feierstein predicts that the next crisis will comprise a QE extension of tens or hundreds of trillions of dollars in bailouts and hidden…
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