Sunday, October 25, 2020

👉The Coming Inflation to Set Gold Prices on Fire !!

👉The Coming Inflation to Set Gold Prices on Fire !! The value of all gold mined worldwide over all of human history: $12 trillion. The value of fiat currencies doled out by governments in 2020 as an economic response to the pandemic: $12 trillion. 22% of all dollars in the M2 money supply were created since the pandemic started. Another stimulus package is about to be unleashed, and this number will go well over 30%. This is the most inflationary time in the history of humankind on a global basis as well as in the US. The dollar is worth 1/25th of what it was a hundred years ago; and has lost 30% of its value since 2002, 10% of its value since the beginning of this year alone. The fiscal outlook for America is not good either. It may be going the wrong way now, but that's a short term trend in a much larger long term picture based on fundamentals. US debt set to exceed the size of the economy - the first time since World War 2. The expected budget deficit of $3.3 trillion would be more than triple the shortfall recorded in 2019. Is this not the best time to acquire physical gold and silver? QE and the pandemic relief spending all the same result inflation. We cannot keep printing new money at a rate faster than our economic growth without causing inflation. In the short term, it's difficult to predict whether we are heading into a deflationary depression, wild inflation, or stagflation. But in the long term, printing vast amounts of new money in excess of economic growth will cause inflation -- otherwise, we could just print new money whenever we needed without negative consequence. However, with debt levels so high at every level of the private and public sectors, inflation may be the only way to pay off that debt. Inflation is terrible. It is a continuation of the mindless deficit spending by Congress for the past 14 years. Think Germany before the war. Raising interest rates will stress (blow up? ) the $250T plus bond markets that will blow up the banking system. Rising interest rates also discourage the creation of a new debt, which is necessary for servicing the existing debt in our credit-based economy. The central banks have backed themselves into a corner. I would predict inflation for luxury penthouse suites, yachts, fine art, etc. as central bank printing presses will be filling the coffers of the 1%. This will not trickle down to the 99% where jobs will be scarce and cash in short supply, keeping inflation for the majority of goods firmly in control. But we also see inflation in food and in the stock market because we have created so much money, and there is really no other place to park it. We should also fear massive inflation in the housing market, as interest rates are so low that house prices can be ratcheted up because monthly payments are lower. For some reason, our leadership can only envision constructing prosperity through a return to the status quo ante. That status quo ante consisted of running huge deficits by mounting pointless wars, extending a succession of tax breaks to those who do not need them, and periodically trying indiscriminately to prop up aggregate demand in some of the most roundabout ways imaginable (such as inflating the equity markets). And that status quo ante consisted of consuming more than Earth can provide while blowing through record amounts of fossil fuels, pursuing a chimera of prosperity while ensuring an Earth that is unliveable for ourselves and the creatures we should be sharing it with. Why not instead direct that spending to shore up the social safety net while supporting renewable energy and the creation of jobs? Why not fix our dilapidated infrastructure and direct incentives to industries that make things people really need? You could call it a "Green New Deal," or if that is too scary, an "Investment in a Survivable Future." Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to click the like button. Many of you have asked me where they can buy silver and gold bullion. You will find in the description box the links where you can buy American Silver Eagle, Silver Bars, or Rounds. I highly recommend that you start stacking some Silver Bullion for the future. This is a slow roll, controlled economic demolition. During the course of it, deflation will balance out the money printing, by design. When the economy finally finishes hitting rock bottom and flatlines for a while, that's when the inflation starts going wild. Inflation is an excess of currency; hyperinflation is the loss of confidence in the currency. INFLATION BY PRINTING. Oligarchs got 4-5 Trillion. Peasants got less than 1 Trillion. Oligarchs now cashed up at Zero interest to purchase everything at Great Depression collapse pricing. We've had around 6 or 7% inflation for decades now. A can of tuna was $1 in 2015. It's now $1.47 in 2020. I see lots of inflation at the grocery store. They often hide it with smaller packaging. Food inflation running 10-30%. Restaurants raised prices by over 20%. There has been enormous inflation for many years, but to keep the system going, the game has to be played. But it's getting more desperate by the day, and something has to give. Soon, it either collapses, and the whole financial system goes down The Davos great reset. Or they will be forced to accept reality by releasing pressure valves, even whilst still playing the official game which, will produce official inflation. And allow Gold to find its true price. Otherwise, it's the Davos reset. I don't believe the average person will see inflation coming until the bow breaks. I believe the Bible clearly describes what will happen, that the world's currency will fail overnight, in a single day. That when that day comes, it will take an entire day's wage to earn enough money to buy a loaf of bread. I believe the market will crash in a single hour, wealth will literally vanish instantly, and that the dollar will fall in a single day. The dollar is a trap, and the jaws of that trap will close on the world suddenly, not some long drawn out decline! Enter the pandemic - a great excuse to print some more and to offer an explanation of why everything is falling apart. The inflation we see in the real economy has been caused by the intentional destruction of the economy, and this has destroyed businesses, jobs, and whole supply chains creating shortages, especially in food, and this will get much worse as we move forward. In the past two months, the price of gold has dropped from $2077 to $1877 an ounce. That's a 10% correction during a time when arguably gold is experiencing its strongest fundamentals in modern history. Backdrop: record deficit Government spending and debt; record FED and Government stimulus - more stimulus and bailouts are coming, the pandemic not going away; US election mess; pending China trade war; rampant unemployment; destruction of US small businesses; massive real-estate foreclosures on the horizon; and more. Lots of reasons for gold to be going up. The only reason for gold dropping is market manipulation; however, every time gold is manipulated, it always ROARS back. Gold is a smart hedge to a constantly depreciating dollar. Mining stocks that pay dividends are excellent plays, too, because they are leveraged to the price of gold. For instance, Yamana Gold pays 2%, and the stock is undervalued by any objective measure. Gold just keeps hanging in here above the old record $1,900 price with the stimulus package about to hit the value of the dollar. The longer they wait for this package to go through, the worse things will get for Americans who have lost their jobs or small businesses. Deferred loans to banks are now heading into foreclosure or will in January. At present, over two million foreclosures are imminent in January. The banks and government colluded to cause the last foreclosure crisis as Obama took office. Now, the same situation is about to unfold, with whoever wins the election getting slammed with a foreclosure crisis. The only real winners in a foreclosure crisis are the banks that capture millions of homes and put them into their rental pools. The banks are, of course, made whole while those foreclosed upon losing everything. Relative to gold,trillions will be printed and handed out as this unfolds; the dollar is being diluted and diluted and diluted. Savings held in cash or interest-bearing accounts are becoming liabilities as no interest is paid, and inflation eats their value away. At least Yamana pays a 2% dividend that eclipses interest on savings held at banks or brokerages like Bank Of America, Wells Fargo, CITI, Goldman Sachs, or the others... Don't kid yourself; another period of insane volatility is about to hit us. The devaluation of the dollar alone in the next month will put gold above $2000 just because the dollar is in free fall. That's the problem with making evaluations about a burning forest when you are in the burning forest. The fact is that while the bullion banks can print paper gold as much as they wish, the physical that underpins all this paper is increasingly scarce. Get OUT of the worthless GLD paper trash and buy physical Gold before it's too late. GREAT opportunity to unload worthless Paper Gold like GLD and to buy cheap physical Gold and Silver before they start running back higher again. Buy all dips today—all the dips. The Cabal doesn't want liquidated stock cash to go into gold. Buy gold cheap on their dime. We are very close to the last time you will be able to buy gold cheap. Gold is the most manipulated and hated by the controlling powers of capital led by the Government and their ilk, including JP Morgan and the others keeping the price down because they can do it with so much computer digits they've created and the control of it they yield. This does have a giant effect on the physical that comes to market, whether buying or selling, and the psychology of defeating those who believe Gold to have such intrinsic value in the shorter to medium term in particular. Bottom Line, The CRIMINALS are in Control. Buy the dip. The major cabal banks, IMF, BIS, Fed, BOE, BOJ, and ECB, are giving up on the dollar and hoping the world will buy into their CBDC. It is their hope to hold control, but the world has had enough. Unless they can bribe enough of the political leaders of the non-gold bearing countries willing to throw their citizens into poverty, they will have to default to hold. Markets don't move in such dramatic swings frequently unless it's manipulated. Gold is the Cabals' biggest thorn. Keep dumping currency and buy gold unless you think the Cabal should remain in control and continue to dilute your wealth. Buy gold and hold. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

Wednesday, October 21, 2020

👉This is How Wall Street Become Addicted to Stimulus Money

👉This is How Wall Street Become Addicted to Stimulus Money The Financial markets have been waiting patiently for a fiscal stimulus. The market is going up every single day on the promise about the stimulus. Every single day we hear that the stimulus is getting closer, and the market is positive, and then the futures are up, and the cycle repeats every day. Traders and investment firms are trading on the momentum. They are trading on the speculation that the federal government will have a $1 trillion+ economic bailout package soon. Earnings have been replaced by fiscal stimulus. An entire global stock market with a foundation of DEBT! Give this crack-addicted economy yet another shot before it woes into terrible, painful withdrawals! That is the main reason I think we're still hitting record highs, with the economy in shambles. A large portion of that $1 trillion+ will also go to the banks because the near 0 interest rates are earning very little through non-junk bonds and treasuries. Millions of Americans out of work or struggling to pay the rent or buy food are also desperately waiting for a stimulus. A stimulus package isn't going to save anybody, let alone the economy. It's just a bandaid for the sheeple. WALLSTREET WILL LOVE MORE STIMULUS. MORE FOR THE HAVES AND LESS FOR THE HAVE NOTS.They will stimulate their egos with pats on the back for a job well done! When the market loses the plot, cash-out, only an idiot thinks you can create prosperity out of thin air for much longer than it takes to hold an election. This baby is going to blow like nothing was ever seen before. It will either be a total deflationary collapse or hyperinflation like Weimar, Zimbabwe, or Venezuela. No way out of it now!!! Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to click the like button. Many of you have asked me where they can buy silver and gold bullion. You will find in the description box the links where you can buy American Silver Eagle, Silver Bars, or Rounds. I highly recommend that you start stacking some Silver Bullion for the future. If you haven't figured out that the FED and US Treasury are the current market drivers and are being used to manipulate the market and delay a major economic downturn or recession until after the election - you aren't a credible investor. After November the 3rd, there are no further political gains to continue the FED stock buying and debt printing in the economy - and fundamental economics will once again descend on this house of cards market. Voters by large, see the stock market as the primary economic indicator and ignore economic fundamentals - until their loans are foreclosed on. This basic public economic ignorance is a sad reality that politicians have to deal with - even if it means they gain politically but ultimately cause or contribute to a major economic catastrophe. Declining GDP and increasing debt will continue until a tipping point is reached in US economic credibility - and the inevitable catastrophe of a US economic collapse happens. As the monetary and printing theory favors specific kinds of either critical finite resources and or fungible assets with low convertibility costs. The FED has been printing like mad for the past four years, economically coasting on recovery and to keep the Wall Street ship afloat. Sooner or later, basic economics - both fiscal and physical will force fundamental economic reality on both political parties and the US consumer economy. It seems logical that all wealth centers - personal and private - have a vested interest in preventing an economic slowdown or stagnation and especially a collapse. The differences today/right now in the year before the elections are only degrees of aggressiveness in increasing the artificially created money supply. There are vested interests to maintain and preserve wealth standard condition wanting "free money" - but now on top and plus - the political motivation to provide at least the appearance of securing and preserving that wealth via money creation. Like morphine for pain, free money is as addictive - is as dangerous - but with more fatal withdrawal symptoms. Wall Street is not only addicted to free money but daily inebriated and euphoric with it. In my opinion, there are no fundamental economic solutions (real) fiscally or physically possible for the US - without major shocks to the consumer economy and wealth centers. Now it's just a matter of time. Another stimulus happening soon would be more convincing if so many people didn't throw the last one all into the bank or stock market. The stimulus was meant to stimulate the economy. And pumping the stock market only to wait for it to fall back down isn't exactly stimulating the economy. What stimulates the economy is reopening businesses, and a fiscal stimulus doesn't do that. Also, money in the bank SHOULD stimulate the economy, as it would, in theory, give more money to banks to lend to people and businesses that need it. The problem is that the Fed has basically displaced all private lending, so there is no need for banks to woo depositors. The Fed's Money Printing is not a Stimulus. It is fiat money printing. AKA-how to devaluate the dollar quickly. Devalue, depreciate, debase, even eventually completely disable the American Dollar. You can see the drop relative to other currencies daily in the US Dollar Index DXY Chart. This is the change against a basket of currencies, which could all be dropping as well, depending on the policies of their corresponding central banks. So the buying power of the American Dollar could actually be dropping even faster than this index indicates. Even on days when the Dollar is gaining relative to the other currencies, it could still be dropping in purchasing power terms. There is an important distinction between fiscal and monetary stimulus. By stimulating with fiscal policy, we create more demand for goods and services that would not be there otherwise. It also helps people that have been impacted and hurt by the pandemic through no fault of their own. There are a number of parents (primarily women) that had to drop out of the workforce to help kids learn remotely. Others, like food servers and those that work in hospitality, are out of work. They need help, and that additional income creates demand. The Fed is pumping money into the economy and helping to keep credit flowing, but it is not as targeted as fiscal stimulus. It artificially drives the market, helping only those that are invested. For the most part, it isn't doing much for the unemployed. Fed Money Printing would be QE, aka monetary stimulus if it did not get subsequently distributed by the Federal Government directly to the American public. In other words, if the government just spent that money eventually in going about its own business. The flow of money is time-wise backward since the Federal Government’s Treasury department gets the money first from the buyers of their bonds. Then many of those buyers sell their bond holdings to the Fed for money printed from thin air. (The Fed money printing that is used to buy Treasuries mostly flows in this manner to the Federal Government for the debt that government issues via those bonds.) But when the Federal Government sends money directly to recipients in public, such money is considered as being a fiscal stimulus. The money is still ultimately created by the Fed, but the spenders are different. In this case, the spenders are the desperate folks in the public who often have no other means to pay rent and buy food. But The Fed and this administration have made it crystal clear only money to prop up the stock market. Jerome Powell is no Paul Volker by any stretch of the imagination. Jerome Powell is not doing stimulus; he is the operator of a printing press and may as well be throwing dollars out of a window. Putting money into the hands of the working class to purchase will stimulate the economy, but we only did that for the first few months of the pandemic. The US has ten more weeks to go until January 1, 2021. I fully expect there will be another 10 to 11 million more layoffs, if not more. A fiscal stimulus is needed, but there hasn't been near enough of that. The stimulus is akin to starting fluid for an engine. It may help, but it will NOT cure other problems inhibiting the engine from running. Big government bailing folks and business is NOT the answer, especially if that conditioning encourages the wrong long term behaviors. The business has been piling on debt like leverage is the answer to their problems, and consumers have been living to paycheck to paycheck as their financial condition will ONLY improve!! Paper is not money. Gold is Money. Fiat currency must be curtailed, and real money returned. Capitalism can not work in a corrupt monetary environment. The economy will not sort itself out because it's heavily manipulated. Although the Fed insists otherwise, the central bank really has no tools left except money creation, and the Fed will keep printing money in a panicky attempt to prevent a financial collapse. As politicians and economists in Washington deem what is appropriate for the American people, it will be the very individual for whom these policies were intended who will have to eventually pay for these policies, whether through inflation or taxation. Unfortunately for the American citizen, when the plans of Washington are successful, it is the politicians and their special interests who reap the rewards. The smoke and mirrors of Keynesian economics were able to delay the inevitable collapse, but only for so long. At some point, the bill comes due. Milton Friedman once said, "If something can't go on forever, it won't." Every time they print more money, the money you get & already have gets worth less. Prepare to use a wheelbarrow as your wallet. The money created sooner or later has to be made up for in productivity, or the money supply itself eventually becomes so dilute as to have no value. That is what inflation is. In this sense, the money created is "borrowed" from futurity. The dollar will collapse before digital currency can be rolled out. Then, we will have no alternative but to use the CBDCs. Their whole plan is to replace the dollar, and other fiats, with CBDCs, so why wouldn't they collapse the dollar? It's no secret that central bank policies around the world have become more desperate over the last decade in an effort to stimulate their economies. It'll be interesting to see what comes of this Quantitative Easing experiment, but I think the chickens will come home to roost a lot sooner than 2029. This could come in the form of a serious permanent jobs disaster and weakening economy sometime early next year. There may be some great picks out there, but I don't think the broad market is in for a solid better part of a decade without a serious bear market. First, the Fed stole our gold, then our silver with larceny by trick, and substituted it with their worthless paper and tin/copper crap. Now, they are taking the anonymity of our paper currency and making us work for their IOU electrons - so they can track and tax our private purchases. Seize, Audit, and end the Fed. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have donated. Stay safe and healthy friends!

Wednesday, October 14, 2020

👉Wall Street is The Largest Gambling Casino in The World -- Economic Collapse ,Market Crash Looming!

👉Wall Street is The Largest Gambling Casino in The World -- Economic Collapse ,Market Crash Looming! Wall Street is the Largest Gambling Casino in The World -- Economic Collapse Stock Market Crash Looming The market is grotesquely overvalued. The strength on Wall Street is now driven by Just Printing and Buying, No Economy is necessary. The FED goes pedal to the metal with their criminal manipulation of US equities; as the first legalized Ponzi scheme in the world continues the greatest redistribution of wealth in history. This market is going to all-time highs and way beyond. You cannot shoot trillions of dollars into equities and not have it respond. I've never seen a market lying to itself like the current one. Bad news becomes good news on demand. More distrust in the moves is bullish . Ever heard the expression "Bull markets climb a wall of worry". As long as the Fed keeps printing and dumping money into the financial markets, stocks of all types will go up. The instant it stops, there will be a huge collapse. Market cap to GDP is currently sitting at 186.9%, the highest ever recorded. It's up from 152% at the beginning of this year. By comparison, during the March lows, that figure dropped to 132%. Anything over 135% is considered significantly overvalued. And before the recent meteoric rise in this measure, the highest ever recorded was 138.4% during the height of the Dotcom Bubble. What I'm trying to say is, this market is hilariously overpriced. US markets are so grotesquely manipulated and overvalued as to no longer be even recognizable anymore. When the reckoning comes, and it will indeed come, it will be historically catastrophic. America, you have let crooked and corrupt politicians destroy your country! Zero interest rates have destroyed the saver(middle class). Over 5 trillion have been stolen from the middle class to subsidize the stock market via zero interest rates. Add this with the planned shutdown to boost the market share of the Amazon's and Walmart's of the World while at the same time forcing Mom and Pop businesses to shut down. This also stopped the velocity of money, which was already at historic lows allowing the FED to PRINT, PRINT ,PRINT ,with little inflation. This is the mission of the FED coming to fruition to be the buyers and lenders of last resort!!!!!! This is THE NEW AMERICA where the banksters run the world Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to click the like button. As many of you have asked me where they can buy silver and gold bullion. You will find in the description box the links where I personally buy American Silver Eagle; and Silver Bars or Rounds. I highly recommend that you too start stacking some Silver Bullion for the future. "Government printing presses were running a race with starvation - and failing." (Atlas Shrugged by Ayn Rand). Keep the presses rolling; there will be no more bread on the shelves. The Fed printing money and turning it loose in society can only be compared to drug lords making meth and handing it out society-wide. Soon, everyone is hooked. The Fed creates currency, i.e., bondage, and nature creates money, i.e., gold. And worldwide countries are printing like a drunken sailor and buying gold. Central Banks are buying gold at a torrid pace because they know their scam is up. So they buy it now while it's cheap with counterfeit currency; when all currencies collapse, the value of that gold will skyrocket. All money is created by being borrowed into existence (owing interest). If everyone tried to pay all the debt, the money would run out before the debt was fully paid. This is a real-life algorithm, and it will inevitably lead to the lenders owning the whole planet. Fed criminals will change from paper counterfeit currency to digital counterfeit currency and want to make the transition seamless for the chattel. The US Dollar is going to collapse, and The Fed criminals know it because they've engineered it, and we'll have hyperinflation globally. You'll fare better if you have silver and gold since both are money and will appreciate exponentially at the time of the collapse. In our current age, money is just an electronic blip. It can move from one account to millions of accounts in a fraction of a second. The only thing that separates the wealthy from everyone else is the government. As the politicians and their cronies destroy the very systems that were built primarily to protect the wealthy, it also exposes them to the very real risk of losing all of their wealth. This could happen almost instantly. The government is currently overflowing with its own corruption. The government, now severely understaffed and filled with even more incompetent and corrupt people. In theory, if the Central Banks buy up all the stock in the critical companies - housing, farms, and eventually utilities, roads, and energy companies through government-sponsored entities like Fannie, Freddie, etc. then they become outright owners. When they own everything, then currency no longer matters. In the past, money implied the ability to have fractional ownership in the stock market. But as these giant entities like Blackrock act as go-betweens for the Central Banks to own everything, then the currency is mooted. If you own everything outright, then you can make up whatever currency you want- and that will be a digital currency that will be tightly controlled by the new owners. 97% of what people refer to as "the money supply" is nothing more than theory induced figments of the imagination, which only exists as bank managed, electronically manipulated accounting entries (a.k.a. bank deposit liabilities) that people use as a line of bank credit. And that line of bank credit is totally dependent upon the bank's ability to maintain accounting solvency, which, in turn, is dependent upon maintaining the asset values primarily created and controlled by the world's largest gambling operation, that is Wall Street. When this bank debit/credit system fails, it won't be in a hyper-inflationary flair, but in a hyper-deflationary implosion where bank debt-based credit goes "!POOF!" out of existence, and all anyone will be left with are the debts. This will also mean that all of the commerce comes to a screeching halt; nothing moves anywhere. Do you know your chain of supply? Something to ponder. Those who control and run IMF, WB, EIB. They have destroyed the world economies over and over again to meet their short terms/short-sighted goals. America and its constitution is the only hope for a free world, but it’s European American political leaders are too weak-minded, realizing the great God-given power which they wield! They have allowed the uncapped, unregulated Capitalism to get the best of their soul! It’s such a shame. Powell has lamented many times that the FED does not have spending power. It can only lend. That balance sheet was created using reserves. It sounds like money. There is a store of value and a unit of measure, but they are not legal tender. Reserves just sit at the central bank. QE is nothing more than an asset swap. The FED explains. But what about the credit facilities. You know, the Special Purpose Vehicles (SPV) Powell and Mnuchin came up with to buy all that debt? Ah, yeah, those are loans. It's all debt. The FED can't print money (yet). That's all money, some in the form of reserves, some in the form of debt. The FED, through QE, creates reserves on behalf of the banks in exchange for debt. Member banks use their own liquidity to buy debt. That debt is then sold to the FED, but instead of giving the money to the banks, they place it in reserves on behalf of the bank. Those reserves are NOT legal tender. They cannot be spent! Even when corporate bonds wind up on the FED's balance sheet, they still have to be serviced! It's not like the FED forgives the debt. Reserves are created out of thin air. Money is lent into existence and destroyed when paid back. That’s how a debt-based system works. The FED does not have the power to spend directly into the economy. FED Chair Powell mentioned this the other day. The FED can only create reserves to lend against. If there is no lending, in excess of repayment, there is no money being created. Money is destroyed when loans are repaid. In a debt-based economy, the debt must expand beyond repayment for growth to occur. When we borrow, money is created in the economy; when the government borrows, they do so from existing dollars, thereby shrinking the amount of liquidity in the system. It’s an exponential debt game. The reason QE worked before is that everyone believes it's inflationary. That causes people to spend and borrow. Powell even said the other day, "Forward Guidance is our most powerful tool." i.e., "Getting you to believe something is our most powerful tool." QE is not going to work this time. What will? Making those bank reserves legal tender! In order for the FED to actually create money and spend, the laws will have to change. For congress to change those laws, they will need a historic monetary crisis. The FED needs a massive deflationary event so congress can sell this (reserves becoming legal tender) to the public. The real crash is coming. We are so broke the amount of spending needed is astronomic. We are headed into a complete economic collapse brought on by the Central Bankers of this world. They created money out of thin air and took tangible assets as surety, and gambled with the rest. Our currency is backed by speculation because the basis for the value of the currency lies not in the country’s economy or gold or silver but by rates set by a few persons working with a select cartel. America printed over $150 Trillion of totally unbacked currency. But that is now over. We have a bubble economy, bubble markets, and a massive bubble currency. The treasury bonds are absolutely worthless now and are being rejected, the inflation is about to shoot through the roof, and the Fed is going to have to put interest rates to above 20% when the bubbles all pop. 2021 the USA will be a third world economy, and the military will no longer be affordable. How about the Fed even buying Junk Bonds! That, of course, is illegal, so they paid Blackrock millions to do it for them. No coincidence that Powell just happens to have a stake of over $11 million of his own personal, unearned wealth in guess who, Blackrock. Blackrock has so many ex-Fed maggots on its board that it seems to be turning into the damn Fed. The entire banking and big Corporation system of the West is now as riddled with corruption as an old sideboard full of woodworm. It is beyond treatment. The people of the West are that sideboard being turned into dust by the worms of big banking and big Corporations who bought the politics they wanted in order to escape any restraints on their conduct. Central Banks have simply aided their looting of entire economies. The central banking cartel wants every possible country overextended. The problem, reaction, solution. One in which they can collect in hard assets and generational debt, aka slavery. The collapse of the current fiat system also opens the door for their “great reset,” biometrically controlled commerce, etc.. Total control of the chattel is what the powers that shouldn't want, and they'll get it. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have donated. Stay safe and healthy friends!
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