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Jay Bremyer's avatar

What great (albeit, unnerving) historical persepctive you bring to the analysis. Surely Kevin Warsh sees what you see about the economic difficulties fasing us and the world and that being captain of the money ship during such times is worse than a thankless task. Why would he accept the job if there are no possible solutions other than going down with the ship?

Marcel Huerlimann's avatar

i just wonder how the FED could explain reducing rates with inflation going higher. That could be a kiss of death politically for Trump. So maybe he will not increase but neither decrease rates. In the end he is forced to increase the balance sheet i guess. and buy more longbonds to keep the long term rates down.

theodore Mainzer's avatar

Everyone talks about debt. TOO much debt. Debt owed to who?

Well, the ancient bloodline families who figured out how to extract everything from everyone, through issuing of currency with interest attached, created out of nothing.

The problem is we let them set up this system of extraction and it inevitably consumes all life force, and all resources to keep it going. All tangibles wind up in their control, and the world population are debt slaves.

And that my friends is the idea of private crypto, to break the central banks usury system and create equitable exchange without usury. It would remove the pressure to consume and destroy everything. It would release creativity and novelty, eliminating poverty, and restore the ecosystem and the environment.

When the banksters want to finish their biodigital transhumanist technocracy tokenized voucher slave system, we need to say no. We need a system without usury that extracts everything for the one percent trillionare class.

It's time to be done with that system.

frank's avatar

slavery perfected thru money printing

Cruising Economist's avatar

Massive monetary and fiscal distortions which have been building for 40+ years must be, hence will be, wrung from the system. This can only be accomplished via one of two means; deflationary collapse or inflationary collapse. Given that every currency in the world is fiat inflationary calamity is inevitable. Tangible assets offer refuge, particularly liquid tangibles (i.e. precious metals).

Justin's avatar
21hEdited

A quick search for Geraschenko AND Rothschild produced some interesting results.

There is always a Rothschild involved in all schemes and scams such as this.

https://find-and-update.company-information.service.gov.uk/company/04529663/officers

https://storage.e.jimdo.com/file/download/a41d20fd-95e2-4dad-a3da-997f5c515eeb/LI%20artikelen.pdf

Another related article that expands upon these schemes and related criminals.

https://www.themargins.ca/p/100-people-who-actually-rule-the

Kevin Beck's avatar

I would make a slight correction to the statement of Jeffrey Sachs. While it would be almost unimaginable for someone to have a worse track record at his job, Gerashchenko was just the worst central banker in the world, except for all the others. The only problem was that no one on the inside recognized the problem he was creating for his nation. However, the real tell was when he was promoted AFTER a colossal failure. That's when it's obvious how incompetent one is.

We'll soon witness how much worse a disaster Warsh will be. Or if he could pull the fat away from the fire and save the world.

My guess: Not a chance.

Gordon Groves's avatar

I think if Gerashchenko was blowing out the ruble, it was under bribes and marching orders when Yeltsin was the drunken underling of Washington. The intention was to destroy Russia for American looting and create a criminal class to run the state corporations for the benefit of Washington. Same thing is about to happen in America. Trump is an underling of the Rockefeller Central Banker class, which wants to asset-strip our country. And because the war companies need constant profit, Washington will go to war against America. Because the surveillance grid and targeting network is already in place.

Debit Credit's avatar

Just looked through various markets. Lots of red.

Bonds/notes (whales) hammered too. Someone is liquidating.

Top candles appear to form in stock's weekly charts here and there. DJIA index ditto.

Wanna visit brick and mortar places this week to smell the atmosphere. Should be a bit of foot traffic for Memorial day. My local Whole Paycheck (Whole Foods) store associates seem to have gotten noticeably nicer lately. They know something I don't...

Mike Noone's avatar

Something about being stuck between a rock and a very hard place.