Money & Markets Report: July 21, 2022

191 Comments

  1. 13 years in healthcare and I’ve never heard of hospitals cremating–6 of those 13 years have been spent traveling (big medical centers to rural hospitals). Not saying a hospital can’t/doesn’t, just stating I’ve never heard/seen it, since Catherine asked.

    1. The reference was to hospitals in the UK. I have never heard of this in the US, but I am wondering if the UK and NIH are different.

  2. Mark Crispin Miller, professor of media studies and propaganda studies at NYU, posts regular reports on “sudden and unexplained deaths” from countries around the world. One of his posts from earlier today cites fifty(!) soul music artists who’ve died in 2022 (see https://markcrispinmiller.substack.com/). Hardly anyone in mainstream media, anywhere in the world, seems to be investigating possible connections between these random deaths from no identified cause and the C-V jabs . . .

    1. He has been doing a great job. I have posted some of the links he sent.

  3. Interesting someone on here mentioned you were in their dream Catherine! You were also in a dream of mine around the same time. In my dream, we were playing a game of Monopoly like old friends, and you told me you just ordered 100 games of Monopoly for Solari. Ha ha! You were quite pleasant, but were unhappy that the corners of the game boxes were already getting vertical tears so quickly after purchasing, and you pointed out a tear in the corner of a box to me. I bet you play a mean game of Monopoly in real life though…

    Then, strangely, the dream went to a completely different scene of seeing a UFO zooming around in the night sky. A few people were pointing up to it. It could move exceptionally fast in any direction, but when going up or down it stretched from a disc to a mushroom type shape. It was also translucent, strangely, with vibrant fluorescent edges. I desperately wanted to film it, but as soon as I could get my phone out it had disappeared, of course.

    I was thinking about this translucent UFO in the night sky in my dream, and it made me wonder how easy it would be to create hologram UFOs in the sky to scare the general population at will someday….or what else you could create with holograms for that matter. Deep thoughts. Oh well, what the mind thinks about!

    1. We have several subscribers who believe such Hologram technology exists.

  4. I have a question for either Catherine or John—

    I was listening to an interview that Christopher Leonard, author of The Lords of Easy Money, gave at the Kansas City Public Library a few months ago:

    https://youtu.be/2kPZZ5dV2mc

    At the 47min 50sec mark, a member of the audience asks about the bailouts that were part of the 2008 Great Financial Crisis and why the Fed didn’t use some of its powers to stave off mortgage foreclosures. In his answer, Christopher Leonard says that the Fed couldn’t do that, as the Fed is only able to create money by crediting reserve accounts of Primary Dealers in exchange for assets such Treasuries. The exchange I’m referencing here lasts only a few minutes in the linked video beginning at 47:50.

    My question is whether you or Jon concur that mechanistically the Fed had no ability to inject money so as to stave off mortgage foreclosures. My understanding of the way QE and Going Direct have been used, for instance based on the Best Evidence video “QE is the Biggest Sham Ever,” is that the Fed is able to in actuality create commercial bank money by structuring its transactions so that there are three parties wherein banks get a reserve boost in exchange for crediting the account of a non-bank entity that in turn transfers ownership of an asset to the Fed.

    Could you or Jon clarify this for me? I feel like my understanding may be close but not quite right.

    thank you!

    1. Thanks for posting this… really interesting discussion. Lived in the KCMO area (and Lawrence, KS) from 1992 to 2019… and was a little surprised to even see a guest series like this at a Public Library.

      It made me wonder if the philanthropy of the Kemper family (Commerce Bancshares/UMB bank) to the KCMO Public Library was an influence.

      Commerce Bank, started as a KCMO bank, and has become a regional bank, and never missed a beat in 08/09, because their “conservative” banking principles.

      Anyway… really enjoyed that… learned more about how U.S. Monetary Policy functions. Thanks again for posting it.

  5. Hi Catherine,
    How do I apply for a job in IT with you/Solari? I may not be worthy because Ai hold you in such high esteem, but I’d be honored to work for you, either now or in the future. I saw on posting on your job board but it expired.
    Either way, thanks in advance!

        1. It’s not my area. :/ I’m more enterprise, old tech. Thanks for the opportunity though. I need to upgrade my skill set.

  6. Hi Catherine & John,

    I wanted to make a quick note on the unusual letter in the preview. I spent a couple decades as a Microsoft Certified Partner designing and developing Microsoft product solutions. Listening to you read what they were saying I felt like it didn’t add up. Perhaps this was a Hail Mary on their part, an attempt to identify functionality a normal person might hear and become concerned over? Before moving on I wanted to leave a couple points I first thought of.

    Reversals/Refunds
    I’ve worked in multiple large (Microsoft based) production financial systems where reversals were handled in most part by a single status column (ex: “pending”, “reversal”) accompanied by columns to record time stamps. The blockchain would function no different. The entire refunding process could have automated approval workflows when, during the “processing/pending” period, one or both (or +1,000) parties kick off and approve a refund. Configuring something such as second based partial refunds inversely proportion to elapsed time are child’s play.

    Privacy
    Without highlighting the privacy blockchains available nor the upgrades to privacy for BTC and ETH you could still have a solution. The blockchain would contain the encrypted transaction data and the industry software would decrypt it. This would allow customers or fraud investigators to independently verify pertinent transaction data when provided an encryption (viewing) key from the industry. The viewing key could have expiration periods and protection against using a viewing key on forked/backed up blockchain data.

    Deletion/Retention Schedules
    This would be the one area you might need compliance authorization. I suspect they’d be satisfied with a solution employing the encryption techniques outlined above. Some type of a manually triggered, permanently expired viewing key.

    I’m rather fascinated by all of the possibilities blockchain enables but that doesn’t mean I’m blind to our current situation. In fact I’m extremely terrified of the central banks, the IMF or any other global (or local) players becoming digitally involved in our finances. These institutions have a near unlimited budget so I err on the side of cation when I hear something that doesn’t add up.

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