“Is the Stock Market Just One Gigantic
Distraction From Something More Sinister?”
by Phoenix Capital
“What if it’s all one gigantic trap?
What if the Powers That Be are purposely ramping stocks as high as possible while they implement legislation/ policies that will make it all but impossible to get your money out when the panic hits.
Put another way… what if the stock market bubble is just one gigantic trap so that when the next crisis hits…
the Fed can implement policies through which it uses YOUR money, to prop up the system?
If you think I’m being dramatic here, consider that
Bail-Ins are now legal in the US.
A Bail-In is when your savings deposits are used (read: taken) to prop up a failing bank. And thanks to Dodd Frank, it’s not only perfectly legal, but now the policy of choice in the US for whenever a systemically important financial institution fails.
But did you know that as of 2016, many money market funds… funds that are supposed to be as safe as sitting in cash… are permitted to STOP you from getting your money out?
It’s called
“Redemption Gates” and thanks to new laws implemented in June 2016, many money market funds have the ability to lock in your capital at their own discretion… meaning, your money is frozen until they allow you to have it back.
Oh, and those funds that DO let you get your money back will fine you a “liquidity fee”… meaning that a percentage of your capital is taken in the process.
All of this is perfectly legal. All of it is now standard policy.
And then of course, there are wealth taxes. Consider the following:
• The IMF has already called for a wealth tax of 10% on NET WEALTH.
• More than one Presidential candidate for the 2020 US Presidential Race has already openly called for a wealth tax in the US.
• Polls suggest that the majority of Americans support a wealth tax.
And if you think this will stop with the super wealthy, you’re mistaken. You could tax 100% of the wealth of the top 1% and it would finance the US deficit for less than six months. Which means… Cash grabs, wealth taxes, and more will soon be coming to Main Street America.”
Source:
http://coyoteprime-runningcauseicantfly.blogspot.com/2019/04/is-stock-market-just-one-gigantic.html
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