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Tuesday, October 25, 2022

Fed is destroying our economy



Poor Man Survival

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If red states want protection from collapse, they will have to establish alternative economies

While 2022 isn't yet over -- and there's still a risk of a false flag event before Election Day -- from what we already know about what's coming, 2023 is going to be a far worse year on several fronts...

Economic centralization is the ultimate form of organized conspiratorial power, because it allows a small group of people to dictate the terms of trade, and therefore dictate the terms of each person's individual survival. For example, the Federal Reserve as a banking entity has free rein to assert policy controls that can disrupt the very fabric of the U.S. economy and the buying power of our currency. They can arbitrarily create trillions of dollars from thin air causing inflation, or arbitrarily raise interest rates and crash stock markets. And according to former Fed chairman Alan Greenspan, they answer to no one, including the U.S. government.

I have started to see a new narrative being spread within the mainstream media platforms as well as alternative media platforms suggesting that the Fed is necessary because it is working to "counter" the agenda of Biden and the Democrats and is "protecting" America from the schemes of the U.N. and European interests.

This is perhaps the most moronic theory I've ever heard, but it makes sense that the central bank and its puppets would be trying to plant the notion that the Fed is some kind of "hero" secretly battling on our behalf. The money elites within the Fed and associated with it have over the past 14 years inflated perhaps the largest financial bubble in the history of the world. They did this with bailouts, they did this with QE, they did this with COVID pandemic checks and loans, and now the bubble is about to pop. They know it is about to pop because they want it to pop.

As I have warned for years, the Fed has been staging massive sabotage of the U.S. economy. Why? Because the U.S. economy must be diminished in order to make way for the "Great Reset," a term created by the World Economic Forum to describe an unprecedented paradigm shift in the global economy and how it operates, and a complete upending of society. The end game is openly admitted. A one-world digital currency system and one-world governance controlled by a league of corporate partners working in concert with politicians.

This is not a conspiracy theory; this is a conspiracy reality. This is an undeniable fact.

The Fed does not care about the U.S. economy, its loyalty is to a global agenda, and it takes its marching orders from a consortium of other banking institutions called the Bank for International Settlements (BIS). This is how global central banking policies are coordinated to either work in harmony to create artificial stability, or to work in conflict, creating artificial crisis events.

The truth is, the foundations of global governance already exist, but what the establishment does not have is public acceptance and submission to their authority. What the banks want is to create a crisis so frightening that the masses will run to them, begging for help. Once a population begs their captors for relief or resolution and it is given, it's far less likely that the people will revolt against those captors in the future.

Psychologically, the central banks and the establishment elites are trying to create mass Stockholm Syndrome, and we are seeing it already with the Federal Reserve being painted as the "shield" holding back the tide of economic ruin that they actually engineered.

The initial stages of the Great Reset have already been launched. With the economic bubble expanded to incredible levels, the Fed is not staging an aggressive implosion using interest rate hikes into economic weakness. There are multiple problems that come with the current dynamic:


With stagflation, normal credit market interventions do not necessarily work right away. As we saw recently with the official CPI print rising despite the Fed's rate hikes, price is not going to go down that easily. During the last stagflation event 40 years ago, the Fed raised rates to around 20 percent before prices finally stopped rising, and back then the U.S. did not have $31 trillion in debt, nor did it just print over $8 trillion in the span of two years. Rates are likely to go much higher than many people expect.

Treasury Bond Crisis

The Fed replaced foreign investors like Japan and China as the primary buyers of U.S. government Treasury bonds years ago. Now, with the Fed cutting purchases, reducing its balance sheet and raising rates, who is going to buy all that U.S. debt and keep the government funded? Well, the answer is no one. For now, foreign purchases are enough to give a semblance of stability, but with geopolitical tensions rising it's only a matter of time before countries like China dump their T-bond and dollar holdings completely. Then, the dollar's world reserve status will come into question and inflation becomes an even greater threat.

Stock Market Spiral

Without the Federal Reserve as the backstop fueling corporate share buybacks with cheap money, stocks will continue to slide. They'll jump every now and then on rumors that the Fed will pivot away from tightening, and when the Fed doesn't, stocks will start sliding again. Without stimulus and near-zero rates, there is no hope for equities beyond the occasional jawboning.

The Fed has the ability to slow down or speed up all of the conditions above, and so far, they appear to be speeding things up. We obviously can't rely on the Biden administration to do anything about these problems; in all likelihood, Biden and his handlers are joyful at the prospect of the inevitable calamity. No one in government is trying to do anything legitimate to stop the landslide and no one is trying to prepare Americans for the consequences.

Thus, it is up to individuals to prepare and warn their friends and family, but what about a larger organized response?

Despite numerous claims that conservatives would "do nothing" to stop the rise of medical fascism in the name of the COVID pandemic, almost half the states in the U.S. stood their ground against the mandates and the push for vaccine passports. If this had not happened, America would look like China does today with endless lockdowns and draconian tracking apps. I don't think enough people understand just how close we came to losing every freedom we have left. We were on the doorstep of an Orwellian hell, and probably civil war.

The red state defiance of COVID restrictions represented an organized action at the state and interstate levels. What if these states did the same thing in the face of the economic crisis?

Without organization at the state level to create alternatives to the mainstream economy, the plight of the public becomes much more daunting and dangerous. Rather than trying to start completely from scratch, there are solutions that can be pursued at the state level to help mitigate the disaster.

Currency Alternatives

States like Texas, Utah and Louisiana (Dem controlled) all have legislation in place to utilize gold and silver as legal tender. Such efforts need to be expanded to as many states as possible, and the list of alternatives needs to grow. Gold, silver, copper, and other commodities like oil, electricity, wheat and grains could be used to back a state-recognized currency system. Is it constitutional? Not technically, but the federal government violated the constitutional money creation mandate over a century ago when they allowed the institution of the Federal Reserve. The system is already broken.

If states were to offer commodity-backed currencies in parallel with the dollar, then they could actually stave off price inflation and possibly reverse it. This can't be achieved by only one or two states, though. It would have to be organized among multiple states with multiple trade agreements in place.

State Banks

North Dakota has its own state-run bank that provides credit opportunities specifically to ND locals and ND businesses. It has operated successfully for decades. Why has no other state adopted this model? Why should we rely on banks that are all tied back to corporate conglomerates that want to destroy us?

Localized Trade Alternatives

States should be utilizing the resources within their own borders to generate jobs and economic prosperity. Why are states and citizens in those states allowing the federal government under Biden to dictate the terms of how they grow their economies?

Leftists will claim that resource management needs to be supervised by federal agencies, but why? These people have consistently proven themselves to be incompetent and destructive. Why should they be trusted to control our ability to expand in our own states?

The only hope any state has to weather the coming storm is to localize production and manage its resources to kick-start trade. Local production would act as a redundancy should the mainstream economy collapse (which it will). States don't need Biden's permission to make this happen, they can and should act now before it's too late.

To truth and knowledge,

Brandon Smith

Editor's Note — None of the elected class will tell the truth: that the United States government caused the decline of its own currency... which is why we recommend you 
read this report so that your retirement savings won't get caught up in the precipitous decline. 




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1 comment:

Melanie said...

End the Fed!