Don’t be deceived by this debt crazy world
Never underestimate the intelligence of the Federal Reserve Bankers. Take time to stop and see what they are up to with the US monetary policy and dependent US economy.
Dozens of financial analysts, like Gregory Mannarino, Naomi Prinz, Jim Willie, Catherine Austin-Fitts, Jim Rickards, Lynette Wang, Bill Holter and Peter Schiff, keep warning about unsustainable debt, or too much debt relative to GDP, or a debt ceiling, etc.? They say a major crash of the US economy is inevitable. But when central banks and the crooked governments they control can make up new crazy credit and banking rules as they go along and continue to smartly and flagrantly cheat people who don’t understand the rigged game, it can go on forever.
In this crooked financial world, there is really no debt limit as long as honest, hard-working people and others like these financial analysts mentioned above, and their followers and collaborators continue to stay in the investment game. It’s in the interest of central banks that they do and so they will.
Here’s is summary of the present situation compared with the past: In the past, government legislation tried to make sure that banks did not exploit the ignorance and trust which honest, hard-working investors placed in them. But over the last few decades, greedy, dishonest and corrupt politicians and bankers managed to manipulate and trick unsuspecting and ill-informed representatives in government to systematically and progressively change the rules and regulations regarding monetary policy, supposedly because there was a financial emergency due to management of debt which had “accidently” got out of control.
In 2008, the Federal Reserve Bank began reducing the bank lending rate and eventually, during the debt crisis and subsequent great recession, kept the rate at between zero and 0.25% for several years. The US government then approved massive increases in lending from the Federal Reserve Bank and spending to boost the failing economy. At the same time, certain other favored banks received gifts of cash from the government and took on massive loans from the Federal Reserve Bank to stay in business because their capital was insufficient to remain legally in business. Likewise, corporations took on massive loans from the banks because their income was insufficient to remain in business under normal circumstances. The financial world has entered a stage where normal, honest and fair rules and regulations were replaced by so-called “emergency measures.” In the course of time those “emergency measures” became permanent and the public today now accept this situation as normal, but it’s not, it’s still crooked and unfair.
We are now in a situation where the Federal Reserve Bank has slowly increased the US bank lending rate to 1.75% and the Federal Reserve Bank states that they plan to very slowly further increase this rate. Some say that this will crash the US economy and so it might. Therefore, the Federal Reserve Bank will only increase the rate slowly if and when calculated statistics confirm that it will not crash the US economy.
This has been a very clever scheme and the situation in other countries is much the same. The Federal Reserve Bank has provided such enormous loans to other banks and the US government that they don’t care that the lending rate is only 1.75%. The Federal Reserve Bank and other banks still make massive profits from their lending business and so they would not want to make any major changes.
The Federal Reserve Bank keeps reminding everyone that this is a temporary measure and that they plan to return to normal monetary policy but that’s all just talk and charades. This situation with minor changes and more trickery to fool the public could go on for many years. This is not to say another global recession within the next few years and a return to the honest gold standard for international trade is out of the question. Trends towards promoting and using the gold standard for international trade are already underway in the BRICS economic block and they signal another transfer of more wealth upwards, which will enhance control of the world’s populations by the central governments of the elite oligarchy. They are working towards total control over all nations, religious leaders, military, etc., and most people will not even notice the changes.
Debt is good for the banks but eventually becomes slavery for the people to enrich the bankers. That’s where all this is heading. People with the biggest debt accounts today will have to continue working to repay their debts until they die; or as we read about in Japan: old and retired widows and widowers commit shop-lifting crimes so that they can live in jail where they are better off than in their cramped, sparsely, furnished and stocked apartments.
People don’t notice how they are being turned into gullible, ill-informed, compliant servants of the existing, but no longer “New” World Order and so the final stage of total population mind control over the next few years will not even enter their plugged-in-and-preoccupied minds.
The situation in the world today was predicted and recorded in ancient Greek and Hebrew manuscripts, copies of which have been preserved in the original texts. However, by incorrectly translating these ancient manuscripts into modern languages, Roman Catholic scholars and subsequent generations of Christians have twisted and hidden the truth from those who might benefit from knowing it. “Light shines in the darkness and the darkness does not comprehend it.” (John 1:5) The predictions, warnings and strategies for escaping the coming global system of mind control and economic slavery can be discovered by those who earnestly and diligently study the ancient manuscripts, “But men preferred darkness.” (John 3:19) or as the modern saying goes: “Ignorance is bliss.”
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