Germany got rid of Central Banks. This process was attempted pre WW1 and the empires crippled them. They eventually did it pre WW2 and the same empires divided it in 2. Germany threatened the hegemony of the British empire and subsequently the US , France etc. they made the world would not attempt this again.
We must unite as people but the mechanism in place gave made us content and even more complacent. Sadly we only mobilize when things become extreme and we don’t realize just how bad it really is. Thank you Greg.
I just believe tho if "they" can do it one way, the big collection can do it another. I not like my hands tied behind my back, having my independence slammed, and being like a prisoner, by those who wish me harm.
Yes, but we’re between a rock and a hard place. If the fed raises interest rates as you suggest, the interest payments become impossible. Lowering rates makes the debt more bearable. It’s simplistic logic, to simply raise rates. If the fed lowers rates, and cuts spending, and comes up with innovative means of increasing GDP, we have a chance to overcome this !
It is actually far worse than what you suggest, which is why its impossible to overcome the dynamics at play.
The crisis which few seem to have recognized is that we're looking at a total collapse of all production globally, and not just production but distribution networks as well. Like a fire burning out of control, with no bridges to fix things. This is largely the legacy of the boomer generation, coupled with the fact that their choices (in aggregate as a cohort) were to steal their children's future.
The economy requires the two parties involved (factor and producers), to make sufficient compensation to profit. In terms of people, that compensation is such that it must support a wife and three children such that one makes it to an age where they have children.
Producers leave and cease production when that's no longer possible. These businesses can also not compete against a cost loss function that has no constraint (money printing entities).
As a result we have seen the rise of and dominance of state-apparatus. A shadow government of the un-elected.
State-run entities funded by a money printer can continue production for a short while longer, but inevitably they create feedback distortions that force all production to fail en masse. The objective measures to see this are the fact that wealth, and assets have been sieved into fewer and fewer hands over time. The failures once in such hands generate distortions through artificially constraining supply to raise price level for profit, and organized chaos (i.e. chicken cullings for bird flu and others).
AI has not only fully jammed and disrupted communication networks, in a manner similar to RNA interference in cellular networks, which are necessary to find legitimate work, but it has also replaced the tasks which entry level talent entering a skilled profession used to sharpen their teeth and develop experience needed to operate at the mid to senior level positions. When you block the first part of a sequential flow that only develops over time, the talent downstream that would normally become mid and senior level sieve accordingly. If there are none in the entry part, there will be none downstream. People age and die so eventually there will be none at all.
Business has decoupled its business needs through the use of debt financing. They can wait longer, without a sense of urgency, but the nature of cascading failures is that once the dynamics are primed; just like an avalanche with the snowpack built up, or a dam with millions of tons of water behind it. Once that crack undermines the forces being held back, it all comes crashing down, and the people in business have become delusional, because they have been mislead by false marketing and promises that do not reflect reality.
This importantly affects everything including food, and given our population and the resource flows needed to support that population, at a bare minimum half would die from starvation (globally) when this happens. The other half would use guns and violently steal from others. We will see a mass die off unlike anything seen before, a truly unprecedented event.
Deficit spending is driving this forward. We have already reached the limits of growth, following a business as usual model. Malthus and later Catton wrote about how non-renewables could allow population overshoot, and how such populations could reduce the long-term natural sustainable flows to meet current day needs; permanently reducing such flows into the future.
I have no doubt that we will live long enough to see this become more than just theory. The two biggest money printing expenses are medicare and social security within the deficit spending group. Within the banking group, every single one of them is printing like there's no tomorrow, and that's because there will be no tomorrow if something isn't done.
The people involved in driving these mechanics forward are of such a true darkness of character, that the Nazi's documented atrocities will be just a drop in the bucket in comparison to what these people are doing.
Greg read Daniel and Revelation 19. 4 horseman. White horse antichrist /red horse war /PALE horse disease and economic ruin/puke Green horse Death. We already know the answers and there is NOBODY or NOTHING that’s stops it. Men plan God laughs. HE is Laughing. I pray you put your energy into what matters most. Eternal life and Believing in Our Savior is the ONLY answer. It won’t stop your right. And it’s already told 🙏
The stock market is a lie, the dollar is a lie, the government is a lie, the banks are liars, religion is a lie, and America is a lie.
Buy heavy metal. Play it if you can.
Germany got rid of Central Banks. This process was attempted pre WW1 and the empires crippled them. They eventually did it pre WW2 and the same empires divided it in 2. Germany threatened the hegemony of the British empire and subsequently the US , France etc. they made the world would not attempt this again.
We must unite as people but the mechanism in place gave made us content and even more complacent. Sadly we only mobilize when things become extreme and we don’t realize just how bad it really is. Thank you Greg.
I just believe tho if "they" can do it one way, the big collection can do it another. I not like my hands tied behind my back, having my independence slammed, and being like a prisoner, by those who wish me harm.
No we actually ask for the imprisonment and voluntarily give up our liberty. It’s sick psychology
Bought a one ounce bar of AU today.
My mind is not for rent from any God or government.....
The psyop ain't workin...
Yes, but we’re between a rock and a hard place. If the fed raises interest rates as you suggest, the interest payments become impossible. Lowering rates makes the debt more bearable. It’s simplistic logic, to simply raise rates. If the fed lowers rates, and cuts spending, and comes up with innovative means of increasing GDP, we have a chance to overcome this !
It is actually far worse than what you suggest, which is why its impossible to overcome the dynamics at play.
The crisis which few seem to have recognized is that we're looking at a total collapse of all production globally, and not just production but distribution networks as well. Like a fire burning out of control, with no bridges to fix things. This is largely the legacy of the boomer generation, coupled with the fact that their choices (in aggregate as a cohort) were to steal their children's future.
The economy requires the two parties involved (factor and producers), to make sufficient compensation to profit. In terms of people, that compensation is such that it must support a wife and three children such that one makes it to an age where they have children.
Producers leave and cease production when that's no longer possible. These businesses can also not compete against a cost loss function that has no constraint (money printing entities).
As a result we have seen the rise of and dominance of state-apparatus. A shadow government of the un-elected.
State-run entities funded by a money printer can continue production for a short while longer, but inevitably they create feedback distortions that force all production to fail en masse. The objective measures to see this are the fact that wealth, and assets have been sieved into fewer and fewer hands over time. The failures once in such hands generate distortions through artificially constraining supply to raise price level for profit, and organized chaos (i.e. chicken cullings for bird flu and others).
AI has not only fully jammed and disrupted communication networks, in a manner similar to RNA interference in cellular networks, which are necessary to find legitimate work, but it has also replaced the tasks which entry level talent entering a skilled profession used to sharpen their teeth and develop experience needed to operate at the mid to senior level positions. When you block the first part of a sequential flow that only develops over time, the talent downstream that would normally become mid and senior level sieve accordingly. If there are none in the entry part, there will be none downstream. People age and die so eventually there will be none at all.
Business has decoupled its business needs through the use of debt financing. They can wait longer, without a sense of urgency, but the nature of cascading failures is that once the dynamics are primed; just like an avalanche with the snowpack built up, or a dam with millions of tons of water behind it. Once that crack undermines the forces being held back, it all comes crashing down, and the people in business have become delusional, because they have been mislead by false marketing and promises that do not reflect reality.
This importantly affects everything including food, and given our population and the resource flows needed to support that population, at a bare minimum half would die from starvation (globally) when this happens. The other half would use guns and violently steal from others. We will see a mass die off unlike anything seen before, a truly unprecedented event.
Deficit spending is driving this forward. We have already reached the limits of growth, following a business as usual model. Malthus and later Catton wrote about how non-renewables could allow population overshoot, and how such populations could reduce the long-term natural sustainable flows to meet current day needs; permanently reducing such flows into the future.
I have no doubt that we will live long enough to see this become more than just theory. The two biggest money printing expenses are medicare and social security within the deficit spending group. Within the banking group, every single one of them is printing like there's no tomorrow, and that's because there will be no tomorrow if something isn't done.
The people involved in driving these mechanics forward are of such a true darkness of character, that the Nazi's documented atrocities will be just a drop in the bucket in comparison to what these people are doing.
If it was to be, there would have been ages ago. Not AT THE cliff face.
I’m thinking to buy land as an investment for a long term.
The US does not have the gold reserves it claims.
Bet against the debt. Become your own central bank. Own physical silver.
Ed Dowd thinks we should be able to turn this ship around and doesn't think it's going to be THAT bad...
Greg thinks differently
Jeff Snider
George Gammon
Luongo
Everyone seems to have such a different take on the economy
Can anyone answer this question? It's legit. I really want to know...
https://youtu.be/VRrDCJ-U_Vg?si=zrrmLwuuBfyhTYc9
This seems to be what we're watching unfold. As soon as the guys said this i was like, he's done his homework!
Worth a read Greg:
https://unherd.com/2025/02/why-trumps-tariffs-are-a-masterplan/
I hope milei has shown the world another way of reducing inflation that Austrian economics have not provided for.
Fire them all. Stop this fabricated need of dollars spent on die or transgender studies in Sri Lanka.
Milei has shown us that by shrinking government you shrink inflation
question arises though why did they let us see this ?
Yep this is Big
Greg read Daniel and Revelation 19. 4 horseman. White horse antichrist /red horse war /PALE horse disease and economic ruin/puke Green horse Death. We already know the answers and there is NOBODY or NOTHING that’s stops it. Men plan God laughs. HE is Laughing. I pray you put your energy into what matters most. Eternal life and Believing in Our Savior is the ONLY answer. It won’t stop your right. And it’s already told 🙏
Does that mean instead off the slow cooker I am fried. Which rhymes with ....
It makes sense. If gas prices fall inflatiron should fall