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Central Bankers Jump the Shark

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83 Comments

  1. “The Brutality of the Commonwealth Lockdowns”.

    I would table the following as a potentional ‘reason’ for the nature of the lockdowns in Aus / NZ.

    Given the proximity of Cop26, I woonder if the down under folks are being softened up for the following as articulated in the FT.

    https://archive.vn/fWcV4/again?url=https://www.ft.com/content/415f4a8c-cab4-4f95-99aa-b347bb510365

    ” Sinking South Pacific islands will need to be abandoned for Australia and New Zealand, which will in effect become their protectorates within a collective Oceania rather than meaningful sovereigns”.

    This would fit in with the globalist move with the Agenda 2030 Ocean Takeover.

    Makes sense ?

    FWIW I agree with the analysis of Niccolo Soldo on the viability of such a proposal

    ‘“Demographic Replenishment” as a euphemism for replacing locals, which, by the way, is a conspiracy theory.

    Laughing is easy, but it is to be done with one eye open, because these people are dead serious.’

    https://niccolo.substack.com/p/saturday-commentary-and-review-58

    1. Very Mr. Global-esque:

      Many scholars ask: what lies beyond sovereignty? If we are wise, the answer will be “programmable geography” — recoding places based on their changing roles in our fluid global system.

  2. What comes next

    The subject of President Joe Biden’s mental incapacity is no longer at issue. Is there a historical precedent for this incredible dereliction of duty due to mental decline? Indeed, there is. We need look no farther than the decline of Woodrow Wilson, himself a deeply committed socialist, who went into rapid decline, following his easy manipulation by banking interests that brought about the First World War. Many are aware of the improbable man behind the throne, so-called “Colonel” House. Today, many suspect that Barack Obama plays a similar role with his hand deep inside the hollow body of the puppet Biden. To see how closely today’s events parallel those of 100 years ago, I quote Eustace Mullins, whose work Secrets of the Federal Reserve is telling:

    “Wilson, who seems to have lived in a world of fantasy, was shocked when American citizens booed him during his campaign to have them sign over their hard won independence and what appeared to many to be an international dictatorship He promptly went into a depression and retired to his bedroom his wife immediately shut the White House doors against Colonel House and from September 25th 1919 to April 13th 1920 she ruled the United States with the aid of an intimate friend, her “military aide”, Col. Rixey Smith as everyone was shut out of their deliberations, no one ever knew which of the pair functioned as a president and which was the vice president…

    The admirers of Woodrow Wilson were led for decades by Bernard Baruch who stated that Woodrow Wilson was the greatest man he ever knew. Wilson’s appointments to the Federal Reserve Board and that body’s responsibility for financing the First World War, as well as Wilson’s handing over the United States to the immigrant triumvirate during the war, made him appear to be the most important single effector of ruin in American history…

    It is no wonder that after his abortive trip to Europe, where he was hissed and jeered in the streets by the French people, and snickered at in the halls of Versailles by Orlando and Clemenceau, Woodrow Wilson returned home to take to his bed. The site of the destruction and death in Europe, for which he was directly responsible, was perhaps more of a shock than he could bear. The Italian minister Pentaleoni expressed the feelings of the European people when he wrote that: ‘Woodrow Wilson is a type of pecksniff who was now disappeared among universal execration’…

    It is America’s misfortune that our subsidized press and educational systems have been devoted to and shrining a man who colluded and causing so much death and sorrow throughout the world.” –Mullins, pp 113-4

    There was an Agricultural Depression in 1920-21 following a period of plenty in this industry during the war. Again, Mullins:

    “… The Federal Reserve system set up the Depression, first by causing inflation, and then raising the discount rate and making money dear… First of all, a federal farm loan board was set up which encouraged the farmers to invest their accrued money in land on long-term loans, which the farmers were eager to do. Then inflation was allowed to take its course in this country and end Europe in 1919 and 1920. The purpose of the inflation in Europe was to cancel out a large portion of the war debts owed by the Allies to the American people, and its purpose in this country was to draw in the excess moneys which had been distributed to the working people in the form of higher wages and bonuses for production. As prices went higher and higher, the money which the workers had accumulated became worth less and less, inflicting upon them and unfair drain, while the property classes were enriched by the inflation because of the enormous increase in the value of land and manufactured goods. The workers were thus effectively impoverished, but the farmers who were as a class more thrifty, and who were more self-sufficient, had to be handled more harshly…[the bankers succeeded in contracting] credit which had the effect the next year of reducing the national income 15 billion dollars, throwing millions of people out of employment, and reducing the value of lands and ranches by 20 billion dollars…”–Mullins, pp 115-6

    Thus, the playbook of these selfsame banking interests may be anticipated today. In those days, farming and agriculture were the largest employers. Much has changed since then, but putting a vast proportion of today’s working age people out of work has already happened. Their reserves will be strained, and their investments diminished. If history holds the guiding model, then we will have inflation, which we have already seen, and then deflation.

    Read your history.

    1. Thank you John for the history lesson; I love history but just don’t read it enough. The MSM and news speak of the ridiculousness of Biden and all his bungling and incompetence, but is it possible that this is all purposefully planned? A replay on a global level?
      How do you think this playbook plays out with this all being so global? With so many of our public servants and health and education professionals refusing jabs and being fired, it seems our country is being forced to collapse….and then will all the illegal immigrants be trained to take the jobs of our military, education, teachers, public servants and medical personnel? (as is happening now in NY hospitals)… a forced population change with those who are not independent thinkers and are more compliant/slaves?

      1. It is genuinely difficult to say exactly how this will play out in a practical manner for citizens of the United States. The amount of institutional destruction that has taken place under the Biden administration is nothing if not breathtaking. This leaves us without any firm place to stand or grab as we hurtle like a drunken failure of a sailor into the abyss. If things go slowly enough, there should be time to be in the normal appreciating assets realm to stay paced with inflation. Following that, cash is generally going to be your best bet for deflation, which is historically sudden and devastating. Debt will be ruinous.

        It does seem that all of our reliable institutions are collapsing, including production of durable goods and services, the military, the police, and transportation. Is a good sign that some of the airlines and unions are rejecting vaccine mandates, not necessarily on the basis of medical inclinations, but on the basis of autonomy. Still, it’s very dicey right now, and will continue to be, unless the Democrats are soundly trounced in 2022. If that happens, we buy some more time. The work will not be over until there is no more deep state that can call itself that.

        I do not personally believe that China is the juggernaut that the fake news likes to present. I think that the Chinese have been screwed by their own government openly, and while proud of their heritage, they are not particularly enamored of the CCP. Look for a sequels to Tianamen square. There, and here.

    1. Have no idea if this is simply an option waiting in the wings or likely. I suspect it is simply an option waiting in the wings for now.

    1. I am waiting for scientists to clarify the problem. Will we have new Ice age like they claimed in the 70s, or will there be global warming or just climate change? And to be sure that their model is working, what will be the temperature in 23 Feb next year?

      400 year solar cycle peaked in 2008.

    2. Hilarious! They all acted like it was a big deal to go to space. We have done it for decades. Being there done that.

    3. it was worth it as a milestone of mankind’s achievement, to prove a human can go to space on a chemical fuel rocket and return safely to earth via a capsule strapped to a parachute.

      up next laika the dog will prove that pets can go to space too!

  3. The #1 design choice in the Oct 14th G7 CBDC document is “data privacy”, https://subscriber-input.solari.com/forums/topic/cbdc-messaging-and-trial-balloons/#post-168636

    Which entities in a CBDC ecosystem will have access to what data for what purpose? Relevant considerations: Determining the level of access to information for specific purposes is not a new debate – and indeed is something existing payment systems have to manage. Access to and use of data is core to the function of all electronic payments, including CBDC.

    I’m beginning to think the most important legislation needed for CBDCs is access to DATA.

    Can we find a way to mandate algorithmic policy on corporate access to individual data, instead of corporations enforcing algorithmic policy on individual human behavior? The technological mechanisms would be comparable, if not easier (less corporations than humans).

    1. All data are available, regardless of what the law is saying. Governments are fighting against encryption, anonymity, even google will block your email if you send encrypted zip for example..
      There are countries where you cannot have front fence over 5ft tall. Not sure if curtains are allowed.

      To have crypto money non traceable there should be a way to login with encrypted password; different each time. The bitcoin wallet ID is fixed. it can be linked to you easy. If you have your phone with you, government can know which table you use at restaurant and who is with you.

      Not only there is no plan to have data protection, but CBDC will be linked to your ID. Maybe even to your DNA. Green pass.

      In UK, government is recommending women to wear body camera to be safe. They are not allowed to talk about the reason why women are not safe on the street.

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