Volcker (the Fed): “The American standard of living must decline” - End the Fed - [MONEY] [PEACE]

Zenaan Harkness zen at freedbms.net
Tue Dec 10 16:09:10 PST 2019


Paul Volcker, chairman of the Fed, August 1979 to August 1987:

  “The American standard of living must decline”

And indeed it has, just as the Aussie dollar has been gutted, so too
has the US fiat.

  Paul Adolph Volcker Jr.
  https://en.wikipedia.org/wiki/Paul_Volcker


  Rabobank: "The Key Reason We Are In This Mess Is Due To Volcker"
  https://www.zerohedge.com/markets/rabobank-key-reason-we-are-mess-due-volcker


John Maynard Keynes:

  "There is no subtler, no surer means of overturning the existing
  basis of society than to debauch the currency. The process engages
  all the hidden forces of economic law on the side of destruction,
  and does it in a manner which not one man in a million is able to
  diagnose."
  https://www.zerohedge.com/news/2019-12-09/end-epoch-report-8-dec
  The End of an Epoch, Report 8 Dec


A fundamental change:

  "The Fed has gone from the financial bubble’s hostage to its
  guardian."
  https://www.zerohedge.com/markets/trapped-when-will-we-know-they-lost-control
  Trapped (When Will We Know 'They' Lost Control?)

    "As asset markets have become so large, relative to the real
    economy, their turbulence determines the economic outlook and
    not, as is normally the case, the other way around. This is why
    the Fed has cut interest rates during the trade war, even with
    unemployment at historic lows. It views the ensuing market
    turbulence as a threat to the economy. The Fed has gone from the
    financial bubble’s hostage to its guardian."
    ...


So why would the Fed worry about any "threat to the economy"?

Could it be that about half a quintillion fiats of debt, ultimately
"owed" to the BIS, via the Fed, is the control mechanism upon the
world, used to dictate to parliaments, militaries and the people
generally, what systems we are to have - what systems of government,
which "regimes" must be overthrown by "our" militaries, and which
financial instruments (e.g. debt vs credit paper issuance or "fiat
printing") we are allowed to use ('member JFK briefly, just prior to
his death, fired up the Greenback 'credit paper' printing press)?

Why would the BIS insist that the entire world (minus NK, Iran and
Venezuela, surprise surprise) is only allowed to print debt based
fiats, and not credit based fiats?

Could it be that the BIS and its (((owners))) want to pretend they
own the world, and all of us too, and don't want us to have liberty,
freedom, all those sorts of good things?


If the BIS/Fed had actually managed to subdue NK, Iran and Venezuela,
along with Iraq and Libya (remember Saddam and Qaddhafi), then the
global hegemonic order might have been considered done, and the USD
reset, and issuance of a New World Order debt based fiat, could have
proceeded aplan.

But Putin was not Saddam'ed, Qadhafi'ed or JFK'ed, and he stood by
Syria, and effectively Iran, and has very publicly stated that
nations have a right to their sovereignty, and that Russia values her
own sovereignty very highly.

So now it's a multi polar world and TPTB are jostling for power and
control in the aftermath of their epic "all chips on the table" NWO
failure.

Perhaps this is the underlying economic/power reason that we remain
in a kind of limbo?

Perhaps TPTB cannot bear to reset the USD fiat system thus hastening
the multi polar world, and are just zombie-ing along pitifully?


------
Imagine for moment, entirely hypothetically mind you, that you
yourself are Monti Burns gleefully rubbing his hands together about
a half a quintillion USD fiats "owed" to you, or rather, to the BIS.

Now imagine that instead of real and substantial relationships built
up over decades, you'd merely enslaved, bombed into submission, and
indebted those 99% of nations that ARE a part of the BIS Federal
Reserve system, and so all thinkers / observers in the world, are
fundamentally pissed off with the way things are, and are just
waiting for the bell to toll on the USD as they issue national
currencies and finally shake off the cobwebs of the BIS?

Would you not, in this entirely ficticious hypothetical, be a little
annoyed that you 500 trillion fiats of debt owed to you, were about
to "go up in smoke" the minute this debt based fiat system collapses
under its exponential thus mathematically pre-ordained weight?

Wouldn't this all be just, slightly annoying?

And so perhaps you'd even consider lowering interest rates to less
than zero and printing the firetruck out of those USD fiats, just to
keep the bubble inflated while you try, vainly and pathetically, to
figure out a better exit strategy?

Not an enviable position to be in - from a purely "strategic problem
space" perspective of course, since you still own all the relevant
banks, media houses, corporations, militaries and governments.

But still. Half a f@#king quintillion fiat dollars about to go up in
smoke!

Damn dude!

What a decision to have to make?!

What would Jesus do?

What would you do?


-- 
Seven day challenge muffas :D
Put your dignity first, heh? ;)


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