A Recession since 2007-2008 that was papered over by QE & artificially low interest rates. A Hyperinflationary Depression since 2020. Hence why 80% of all US dollars to ever exist were created in 22 months and did nothing to "Stimulate growth". The USD purchasing power is negative. Americans rely on credit cards to LITERALLY SURVIVE. Fast food is considered a luxury for the majority of households. People are cutting back further on food purchases to afford electricity. Food banks across America are running out of food as record demand increases.
America and the US dollar has already collapsed. People just haven't figured it out yet.
We have been told from a Christian social media platform that we will have to be able to rely on our neighbors to survive the coming finance collapse and yes Greg Mr. Wiles is selling gold & silver to members …
Those not aware of history are destined to repeat it.
Those pouring money into stocks should be aware how the Federal Reserve has operated. Benjamin Strong, head of the New York Fed called a meeting in the summer of 1927. He invited the head of the Bank of England, the Bank of France, and the Reichsbank. Strong wanted them to know he was going to monetize $600 million of US debt. His motive as he explained it was to provide enough liquidity to provide the fuel for a blow-off top in the US stock markets. The rest is history.
One other thing to consider. Have you stock investors given any thought to what might happen regarding closure of the markets? Its happened before as in 911 where the stock market was closed the last three days of the week. During those 3 days people could not even access their money market funds. What happens to your investments if the powers that be close the market for 2 months, 6 months or like happened in WWI where they were closed for years.
How could that happen? The markets close on a Friday afternoon, the following Sunday someone lights off a nuke in Tehran. The markets open Monday morning and immediately sheds over 10,000 DOW points and closes down 15,000! Tuesday the markets open again and drops another 15-20%. It is at that point where the authority's close the markets. Is this an unbelievable scenario?
And after the $600 million that was provided for the stock market and in 1929 the Great Depression started and deflation reared its ugly head not hyper-inflation.....Duhhhhhhhhh
“If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.”
How could Thomas Jefferson know how it ends?
And how did the deflation of the 1930s come about?
Yes! Since the history of man kind the rich have always been in control and have called the shots and will always be in control and there is not a dam thing you and I can do about it...Fact
That is why this country was formed by worldly men who understood that. Like George Washington said "Government, like fire, is a dangerous servant but a fearful master."
In modern economies, deflation is usually associated with economic depression, as occurred in the Great Depression and the Long Depression. Deflation was present during most economic depressions in US history.
Deflation like the panic of 1837 and the 1930s was a result of central bank actions. The panic of 1837 was caused by the cessation of the Second Bank of the United States and their calling in and cancelling of loans and currency. This is because Andy Jackson vetoed the congresses renewal of the 2nd Bank's charter in 1832 which then expired in 1836.
The 1930s deflation was due in part to the wealth destruction of the 1929 crash plus the Fed ceased money supply expansion and withdrew from monetization.
Let me ask you this, what was the trigger for the war of 1812?
Between 1929 and 1933, real gross domestic product per capita plummeted by nearly 30% and the unemployment rate soared from about 3% to over 25%. The consumer price index (CPI) plunged by nearly 25%, with the rate of deflation exceeding 10% in 1932.
You are a puppet for the Naval Academy CIA folks. You didn’t even mention that the assassin was a Ukrainian spook? You talked about a tweet about Taylor Swift? I’m happy I didn’t donate my dumb $5 this month because you have been annoying me but this one takes the cake. 👎
If this debt based system is doomed to crash, why higher interest rates? Stronger dollar means hanging on longer to a failed and doomed system. Why? If a tariff is imposed on a product the price of the product goes up, (government is to use increase of tariff on, say, child care) consumers have the choice to purchase that product. If not tariff’s then they’ll continue to raise our taxes and tax us into oblivion. I hear on this pod cast this system is doomed!! Hell, let’s ride it out because we aren’t going to change anything until it fails. Bourbon 101!
Inflation continues! Yesterday the Dallas Cowbillies signed their quarterback, Dak Prescott. to the largest contract ever at 4 years/$240 million, that is $60 million per 17 game NFL season!
Anybody ever hear of another QB named Johnny Unitas who is acknowledged as an NFL great? He signed his first free agent contract with Pittsburgh back in the late 1950s for the princely sum of....$7,000. That means Dak Prescott will make almost 10 times the first contract of Unitas in the FIRST MINUTE of the first game!!! A game is 60 minutes long by the 17 games which equals 1020 minutes divided into $60 million and it comes out to $58,823 a MINUTE!
Along those same lines is the story behind what started as University of Phoenix stadium but has under gone name changes. This stadium was the new home for the Arizona Cardinals and cost over $1 billion! The Cardinals were leaving the 72,000 seat Sun Devil stadium on the campus of Arizona State University which the University had built in the 1960s for less than a million dollars. I remember a news piece during the stadium construction that the main scoreboard for the new stadium would cost over $30 million. That means just the scoreboard for the new stadium cost 30 times the entire cost of the 72,000 seat Sun Devil stadium!
Nice live as usual Gregory! Thank you! ❤️👍🏻
Double Duh 😄
I just saw a trumpist post somewhere that said.....
"A vote for trump is a vote for our kids".
Yeah, a vote to get more trump-vaccines pumped into those little kiddie's arms.
I'm going to give you all a prophecy......
trump-voters are about to go EXTINCT!
Spoken like a true America hating Democrap!
A Recession since 2007-2008 that was papered over by QE & artificially low interest rates. A Hyperinflationary Depression since 2020. Hence why 80% of all US dollars to ever exist were created in 22 months and did nothing to "Stimulate growth". The USD purchasing power is negative. Americans rely on credit cards to LITERALLY SURVIVE. Fast food is considered a luxury for the majority of households. People are cutting back further on food purchases to afford electricity. Food banks across America are running out of food as record demand increases.
America and the US dollar has already collapsed. People just haven't figured it out yet.
https://blackboxpolitics.substack.com/p/interest-rates-and-higher-markets?utm_source=%2Finbox&utm_medium=reader2
-Dillon Critique from what's THE DILL? (substack)
We have been told from a Christian social media platform that we will have to be able to rely on our neighbors to survive the coming finance collapse and yes Greg Mr. Wiles is selling gold & silver to members …
No matter... I still would NEVER vote for a Democrat. No matter what.
Those not aware of history are destined to repeat it.
Those pouring money into stocks should be aware how the Federal Reserve has operated. Benjamin Strong, head of the New York Fed called a meeting in the summer of 1927. He invited the head of the Bank of England, the Bank of France, and the Reichsbank. Strong wanted them to know he was going to monetize $600 million of US debt. His motive as he explained it was to provide enough liquidity to provide the fuel for a blow-off top in the US stock markets. The rest is history.
One other thing to consider. Have you stock investors given any thought to what might happen regarding closure of the markets? Its happened before as in 911 where the stock market was closed the last three days of the week. During those 3 days people could not even access their money market funds. What happens to your investments if the powers that be close the market for 2 months, 6 months or like happened in WWI where they were closed for years.
How could that happen? The markets close on a Friday afternoon, the following Sunday someone lights off a nuke in Tehran. The markets open Monday morning and immediately sheds over 10,000 DOW points and closes down 15,000! Tuesday the markets open again and drops another 15-20%. It is at that point where the authority's close the markets. Is this an unbelievable scenario?
Greg wants to talk about Taylor Swift and tweets instead of the war the CIA is orchestrating while they take out Trump.
https://www.armstrongeconomics.com/armstrongeconomics101/inflation/stagflation-begins/
And after the $600 million that was provided for the stock market and in 1929 the Great Depression started and deflation reared its ugly head not hyper-inflation.....Duhhhhhhhhh
“If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.”
How could Thomas Jefferson know how it ends?
And how did the deflation of the 1930s come about?
Can you answer?
Yes! Since the history of man kind the rich have always been in control and have called the shots and will always be in control and there is not a dam thing you and I can do about it...Fact
That is why this country was formed by worldly men who understood that. Like George Washington said "Government, like fire, is a dangerous servant but a fearful master."
In modern economies, deflation is usually associated with economic depression, as occurred in the Great Depression and the Long Depression. Deflation was present during most economic depressions in US history.
Deflation like the panic of 1837 and the 1930s was a result of central bank actions. The panic of 1837 was caused by the cessation of the Second Bank of the United States and their calling in and cancelling of loans and currency. This is because Andy Jackson vetoed the congresses renewal of the 2nd Bank's charter in 1832 which then expired in 1836.
The 1930s deflation was due in part to the wealth destruction of the 1929 crash plus the Fed ceased money supply expansion and withdrew from monetization.
Let me ask you this, what was the trigger for the war of 1812?
BTW, do you think America is a democracy?
U.S.A. The once great empire has become a shit hole and is the laughing stock of the world....Sad
(Let me ask you this, what was the trigger for the war of 1812?)
Greed....intense and selfish desire for something, especially wealth, power, or food.
"mercenaries who had allowed greed to overtake their principles"
America is not a democracy cause you will do what the rich/bankers tell you to do or else.
"Who controls the food supply controls the people
Who controls the energy can control whole continents
Who controls money can control the world
( Henry Kissinger)
The Great Depression
Between 1929 and 1933, real gross domestic product per capita plummeted by nearly 30% and the unemployment rate soared from about 3% to over 25%. The consumer price index (CPI) plunged by nearly 25%, with the rate of deflation exceeding 10% in 1932.
Duh
... you betcha - scarcity/rarity/unobtainability - "The more that men are told they can't have something - the more they want it." [Bill Holter]
CITIZEN donald j schrumph ADMITTED that he LOST the 2024 presidential election. Does trump even know who he is? Is trump even on
planet earth 🌍?
Hahahahahahaaaa! 🤣🤣🥳🎉😀😁👏😃👍💯
Now which lie will his trump-cultists tell me...
#1- trump WON the 2024 election
or
#2- trump LOST the 2024 election
Trump admits he lost the 2020 presidential election
https://www.youtube.com/watchv=Beg9NUOhZTE
... Censors won again.
You are a puppet for the Naval Academy CIA folks. You didn’t even mention that the assassin was a Ukrainian spook? You talked about a tweet about Taylor Swift? I’m happy I didn’t donate my dumb $5 this month because you have been annoying me but this one takes the cake. 👎
It’s 4D Chess 🫠
Freedom pods will be in style though with DJTs tariffs
If this debt based system is doomed to crash, why higher interest rates? Stronger dollar means hanging on longer to a failed and doomed system. Why? If a tariff is imposed on a product the price of the product goes up, (government is to use increase of tariff on, say, child care) consumers have the choice to purchase that product. If not tariff’s then they’ll continue to raise our taxes and tax us into oblivion. I hear on this pod cast this system is doomed!! Hell, let’s ride it out because we aren’t going to change anything until it fails. Bourbon 101!
Going to buy UDN - US dollar bearish.
Inflation continues! Yesterday the Dallas Cowbillies signed their quarterback, Dak Prescott. to the largest contract ever at 4 years/$240 million, that is $60 million per 17 game NFL season!
Anybody ever hear of another QB named Johnny Unitas who is acknowledged as an NFL great? He signed his first free agent contract with Pittsburgh back in the late 1950s for the princely sum of....$7,000. That means Dak Prescott will make almost 10 times the first contract of Unitas in the FIRST MINUTE of the first game!!! A game is 60 minutes long by the 17 games which equals 1020 minutes divided into $60 million and it comes out to $58,823 a MINUTE!
Along those same lines is the story behind what started as University of Phoenix stadium but has under gone name changes. This stadium was the new home for the Arizona Cardinals and cost over $1 billion! The Cardinals were leaving the 72,000 seat Sun Devil stadium on the campus of Arizona State University which the University had built in the 1960s for less than a million dollars. I remember a news piece during the stadium construction that the main scoreboard for the new stadium would cost over $30 million. That means just the scoreboard for the new stadium cost 30 times the entire cost of the 72,000 seat Sun Devil stadium!
To me this sounds like hyper-inflation.
... bread/circus-time at the Roman Colosseum - dog-pile parties of men in tights.
This money does not exist all fake just a number on a computer screen...
Duh
I definitely want a strong currency. We need a 2000 point increase over a long period of time in my opinion Greg