Left: Stooge du jour, Jerome Powell.
However, while prices are indeed rising, the other economic facts on the ground are very different: labor force participation rates are still well below the pre-lockdown levels.
The Biden Administration will be running a $3 Trillion deficit this year. That’s 14% of 2019 GDP.
This graph shows how easy it is to get a mortgage. Mortgages represent the by far biggest type of credit to private individuals. This has been ongoing for three quarters already, and now home builder confidence is cratering too, as a result of less people looking for a house.
This is not exactly unprecedented, but previously the Fed had been around to bail out both the Banks, and the real economy with additional liquidity. And these days are now over.
The fact of the matter is, that the Fed are forced to concede. They cannot continue bailing out both the Banks and the real economy. Not without creating a hyper inflation.
What’s next?! A crash of financial markets is unavoidable. However, the crash will be sold with a ‘reset’ of the Financial System. This will involve not bail outs, but bail ins: creditors, shareholders, and depositors will be made to pay.
All signs indicate they will claim ‘cyber attacks’ did it. Jerome Powell, only a few months ago, said that ‘cyber attacks are the main threat to the financial system.’ It could well be that we will have bank holidays in Western countries, while these bail ins take place. Perhaps also in the US.
Crucially, we’re not just talking ‘a correction’. Also not a mere ’1987 type crash’. We’re talking bank defaults. And not of small banks, but of the very biggest. It has already happened: the crash in the repo market in September 2019 implied that the big banks didn’t trust each other’s collateral. The $4 Trillion bailout that the banks got in the weekend we were locked up, mid March 2020, gave them a respite. But nothing real has been solved. Wall Street’s derivative bubble is bursting, together with the debt bubble.
November last year, the World Economic Forum ran an exercise involving such an event, caused by ‘nation states and criminal cartels’. They predicted that the Big Wall Street Banks would ‘have to merge to fend of the attack’. ‘To merge’ is Newspeak for ‘we’re bankrupt’.
Wall Street’s problem is that they are on the hook for all the debt via the derivative trade (credit default swaps). And now people can’t pay anymore. This basically is the scenario that we predicted in 2014. This is how the US Empire ends.
Conveniently, cyber attacks have been on the rise the last few months. A German municipality was struck, and couldn’t pay its bills, nor sustain many of its basic operations. The Irish Health Service was hit. And they’re escalating. Last week, Zion was ‘attacked by China’.
Everything bad ‘comes from China’ now. They’re the big bogey man, because the NWO is whipping up a Cold War between the US and them, one that is likely to end in WW3. But of course, China was built up A to Z by Wall Street, and no, they didn’t ‘launch the virus’, nor do they have any enmity towards Zion. They’re already running Haifa, in a 20 year contract, connecting it to the Belt and Road Initiative. Jerusalem too is going to be a major hub. It was just an exercise for things to come.
What is coming is much worse than ‘just another correction’, or ‘recession’. This is the end of an era, of money growth. We’re now facing a monstrous deflation, which will be the cause of the Greatest Depression.
The Greatest Depression will be much worse than the Great Depression. In that deflation, the money supply shrank with two thirds between late 1929 and 1933. It was bad, but it was not genocidal.
We’re now nearing the event that Deagel claimed would lead to massive depopulation in the West. Their numbers are based not on ‘vaccinations’, dangerous as they are, but on the financial calamity that we’re in the middle of, and which is coming to a culmination.
Look at it this way: we’ve had 76 years of monetary expansion, basically the post war boom. Especially since the closing of the Gold Window by Nixon, which is actually exactly 50 years ago. And it is this expansion and associated economic growth that is going to be turned around.
And while the debt bubble deflates, which is catastrophic enough, we will be dealing with rising prices at the same time. Especially for food and basic necessities. The Dollar will lose a lot of value vis-a-vis China in the years ahead, and this will lead to much higher prices for imports from there, also for energy. Lockdowns and other contrived chaos will keep pushing prices higher.
So for us debt slaves, it will be stagflation. The most toxic of all monetary diseases.Stagflation is when the money supply declines (deflation), with the real economy in tatters, while prices rise because of speculation, or other scarcity inducing circumstances.
It will destroy the West, and its demise will pave the way for the now manifesting World Government.
Afterthought: I previously stated it would happen this Summer. Could still be, we have a month left, but the fact is, while we can see what is happening, only God and the Bankers know when.
I asked Anthony how we can prepare for this scenario. His reply:
‘Investing’ is for Bankers. Taking usury and speculation is forbidden for us. In the times ahead, people will need the Spirit’s blessing, far more than money, and he’s very seriously unamused with parasitism.
Why do people complain about ‘degeneracy’ while they make money with money, instead of producing stuff of value to others?
What is the point of complaining about the New World Order while having money in the Bank?!
When the crash comes, and the reset, all that will rise is Gold (and perhaps Silver), all the rest will go to dust. The Stock Exchange will never recover and will keep declining until the end.
Do NOT keep money in the Bank, certainly not lots of cash in one account, in one Bank. Best is to take it out, and keep it cash, with 10/20% Gold coin (part of that can be Silver). That will compensate for all paper losses.
Pensioners especially. Their situation is critical, and they have no idea. They need a bit of Gold. Again: not all in, 10/20%.
And while I’m against crypto, I’m not against many of the people ‘investing’ in it, hoping not only to make a buck, but also to get rid of the Bank. So heed this warning: in the coming mother of all liquidity squeezes, BTC will also take a massive hit. Do not go all in on crypto, keep 10/20% in Gold.
The only reason Gold is going to go up is not ‘inflation’ (there is going to be deflation), but the fact that it will become money again. Especially in China, which will for certain go Gold, they have enormous amounts of it.
Do not try to profit from the coming Collapse. The Gold fever among the gold dealers (‘alternative media’) is disgusting. What is coming, end of Gold Suppression, will be a very dark day indeed for the West.
I am warning the reader that there is no way out. This has been engineered on purpose through the cover of covid. I beg all of you to dump your cryptos and your stocks and everything that you can.
Keep your gold, and maybe some cheap rental properties. Everything else is in cash. I have a suspicion that bitcoin is going to drop to zero. Did you see what Netflix and Bitcoin did on Friday? That’s what’s coming for years to come.
The great masses of humanity will get so desperate over the next two to three years as the whole economy collapses that they will rejoice when our adversary rolls out their black horse monetary system.
I am begging you all to please sell anything not nailed down. Cryptos, everything. If you sell your stocks right around now, you will look back in a couple of years and you will marvel at what great prices you got. Pensions, IRAs, and retirement plans will be all thrown out the window. Meanwhile, the pale horse that was manufactured from the vaccines will have the people puking and dying in the streets.
I got asked by hundreds of people over the past few years to make sure that I alerted them when I saw a change. I just handed my readers and listeners a marvelous and wonderful gift that only rivals a Godlike blessing. I just handed you the best gift on a silver platter. I actually was able to tell you about the top of the stock market. You will look back at this and count your blessings as you were able to dump your stocks.
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