Oh SH*T, HERE WE GO… Pfizer BETTER BUCKLE UP


Redacted News Posted originally on Rumble on: Feb 1, 4:00 pm EST

The truth always come out!

Gold v Digital Fiat & Marxism


Armstrong Economics Blog/Gold Re-Posted Feb 2, 2023 by Martin Armstrong

QUESTION: Hi AE…so gov’t “money” (fiat currency) will become just some abstract floating measurement of value, an electronic entry in an electronic account in the cybersphere. As these various so-called gov’ts become less reliable, even between themselves, do you see the possibility of them simply skipping their phony currencies, & trading directly in gold. Russia could ship a specific quantity of crude to China, for a specific amount of gold bars. Your argument about the impracticality of a gold-backed currency makes sense, but what about large transactions being settled in gold?

HS

ANSWER: The entire problem that people do not grasp with regard to any return to a gold standard is that if the money supply is FIXED in any way, that necessitates the collapse of SOCIALISM. The two are directly linked. Politicians only know how to run with deficits. Vote for me and I will give you this or that!

The Bretton Woods gold standard collapsed because they FIXED the price of gold at $35, but they continued to print money far beyond the supply of gold at that fixed price. In addition, you have a business cycle. There will be times when no matter what the money might be, there will be boom times when the value of money declines and the asset values rise.

This argument over gold v fiat is absolutely just nonsense. The wealth of any nation is the productive capacity of its people. For centuries, the business cycle has existed and that is the entire cause for the “inflation” in assets when money declines in value, and then the “deflation” in assets with the value of money rises. Arguing over what we use for money will NEVER stop the business cycle.

The cycle is also in part driven by all governments. It becomes a drug of power that is abused. It would not matter what we use for money right now, they want to create World War III so they can default, and escape from the abuse of this Marxism that they have turned into a system of borrowing every year with no intention of paying anything back. But we have reached the confrontation between Keynesianism where central banks are expected to prevent inflation by rising interest rates, but that has no impact on the government which has become the biggest borrower in the system.

We are going BUST not because of the money we use, but because of the abuse of power in government which has always existed since ancient times.

Trust me. Forget gold standards. They will never work because all governments act only in their own self-interest. You should have learned that with COVID. They will never admit any mistake EVER! It is far better to keep gold on our side of the table and we can then use it as a hedge against governments. They are seeking to move to digital currencies ONLY so they can track when you hired the 16-year-old girl next door to babysit for you so they can go after her for the government’s 50% share.

Even Bitcoin is fiat. There is no backing. People have dived headfirst into cryptocurrency on the entire proposition that they are limited. All they have done is proven my point. Money, historically, has been everything from seashells and cattle to bronze, silver, and gold. Of all the various forms of money, only bronze and cattle had any real commodity value based on utility.

The Egyptians really invented paper money for the farmers would deposit their grain and receive a receipt which was a bearer instrument used in trade. They also used raw metal, not coins, and traded based on weight, as it stated in the Bible. Here is a piece of pottery from Egypt recording a complaint about taxes written in Greek. It stated the sum amounted to a total of 90 talents of silver with 15 talents of tax on the transfer of land – 16.6%.

For thousands of years, Egypt had no coins until it was conquered by Alexander the Great, and upon his death, his general Ptolemy I (305/304 – 282 BC) took the throne and it was his Greek line from which Cleopatra VIII came – not Egyptian.

Our system is starting to implode. Never in the history of human civilization have governments demanded taxes on income requiring reporting every year. This was the gift of Karl Marx. Just as this Egyptian tax on the transfer of land, we see that property taxes and a form of sales tax were the norms.

The American Constitution was intended to give thenational government greater power to raise revenue because the previous Articles of Confederation had been a fiscal disaster. Nevertheless, most people remained fearful of taxation by governments. Indirect taxes were to be the way to secure our liberty from tyrannical governments. It was generally understood that indirect taxes meant taxes on consumption like a retail sales tax and/or excise taxes on imports. It was believed that indirect taxes did not lend themselves to abuse by tyrannical governments. Consequently, the general belief was that “direct taxes” has to be taken off the table. Incomes taxes, throwing out the window of all the wisdom of the ages, were imposed by the new age of Marxism in 1913.

Our computer warns that 2025 will be the turning point in Marxism.

Interest Rates & the Fed


Armstrong Economics Blog/Interest Rates Re-Posted Feb 2, 2023 by Martin Armstrong

The Federal Reserve raised the benchmark by 25 bps, as expected. The Fed fully understands that the manipulation of the CPI is a necessary aspect both for containing government benefits and understating inflation also results in high tax revenues. The market loves hope, and as a result, they focused on the warning that we’ll be in restrictive territory for just a bit longer. Most still believe that there will be a slowdown in inflation just ahead.

The Fed’s cautionary commentary saying that the “disinflation process” has started triggered shares to jump ending up 1%. This shows how insane the analysis had become that they cheer a recession and think that lower interest rates are bullish for the stock market. Obviously, they just listen to the talking heads on TV and have never bothered to look at reality. When interest rates decline, so has the stock market. Interest rates rose for the entire Trump Rally, and they crashed during the Great Recession of 2007-2009. For the life of me, I just shake my head when the talking heads cheer lower rates and spread doom and gloom with higher rates.

Was COVID Just a Rehearsal for WWIII?


Armstrong Economics Blog/War Re-Posted Feb 2, 2023 by Martin Armstrong

QUESTION: Hi Marty,

You’ve taught through many historic examples that politicians drag us to war because they need an external enemy to hide their failures.  Wag the dog.  Have you considered this time around the U.S. will enter ww3 to cover up the reveal of the covid vaccine blunder?  Yes, war will still hide the debt crisis of western nations, but maybe the vaccine reveal kicks this thing off.  The barrage of sudden deaths is starting to overwhelm the bullshit.  Our leaders, especially Biden, are incredibly compromised by pushing the shit vaccine.

JT

ANSWER: The COVID lockdowns were created as an exercise in controlling the sheep. This war was set in motion for some time. John McCain ran to Ukraine and he was all exited in December 2016 as soon as Trump was elected. He assumed he could manipulate Trump and promised unlimited funding to wage war against Russia.

I know for a fact, that this war was set in motion in 2014 but it was in the planning stages well before even that. In 2015, McCain was meeting opening with the Nazi movement. COVID was clearly just a rehearsal in their exercise of the abuse of power.

Fox News – “ominous Great Depression warning”


Armstrong Economics Blog/Economics Re-Posted Feb 1, 2023 by Martin Armstrong

Fox Business is reporting that economic conditions are much worse than you are being told.  Unfortunately, this is the conclusion when you have ZERO understanding of the historical trends and economic conditions. It is true that the shortages of COVID have caused prices to rise faster than economic growth and most incomes.  Therefore, they conclude that our standard of living has been rapidly declining.  The number reveals that more than one-third of all U.S. young adults are being supported in part by their parents. Thanks to COVID, this disrupted society far greater than anyone is reporting. In addition to the shortages because of the lockdowns, by the end of 2020, more than half of young adults in America were living with one or both parents. That statistic actually exceeded the record high of the Great Depression.

Here is the worst part of this analysis. Many are jumping on the bandwagon claiming that the decline in real disposable income has been the largest since 1932 and therefore, this is a warning sign of a Great Depression is coming. They seem to be focused on the fact that the GDP report showed a significant decline in real disposable income, which fell over $1 trillion in 2022. Now let’s look closer!

First of all, the entire reason why unemployment rise to 25% during the latter part of the Great Depression was the Dust Bowl. Why? At that time, about 40% of the civil workforce was still agrarian. The Dust Bowl meant job loss. If you could not even plant crops, there was no need for people to pick crops.

Service during the Great Depression accounted for 17% of the workforce compared to 44%+ today. Government, federal, state, and local, was 22% of the civil workforce during the Great Depression compared to 33% by 1980. Things have continued to evolve and by 2019, services represent 79.41%. Agriculture is now a tiny fraction of what it once was – 1.41%.

In the USA, at the state level, their share of the civil workforce varies greatly. Florida is at about 11.3% compared to New Mexico which is 22.5% – a government employee’s paradise. The lowest is Michigan at 10.1%.

During the Great Depression, the entire reason for the collapse in disposable income was the collapse in agriculture which created a collapse in income due to massive unemployment. That is totally different from the crisis we have today.

Here we have rising prices due to shortages and then central banks raising interest rates in a fool’s quest to stop inflation when it is not based on speculation. Moreover, the biggest borrower is the government, and rising interest rates will only increase their exposure to keep rolling over the debt. Therefore, governments have been borrowing year after year. What happens when the public no longer buys their debt? Real disposable income has been collapsing for completely different reasons since 1932. Here we have the costs of everything rising and then these people want war with Russia and China. Every war since the start of recorded history has resulted in inflation. Add to this, the total insanity of trying to end climate change by outlawing fossil fuels at a time when the climate is prone to getting colder.

We are already witnessing riots around the world BECAUSE of inflation. During the Great Depression, people were suffering from DEFLATION. So comparing just that statistic of a decline in personal income and projecting we now face a Great Depression, does not even qualify to be classified as analysis. That is no different from someone warning that carrots must be lethal because everyone who has ever eaten a carrot has obviously died.

Pfizer pleads Criminally Guilty to Fraud


Armstrong Economics Blog/Vaccine Re-Posted Jan 31, 2023 by Martin Armstrong

Pfizer has agreed to pay $2.3 billion, which is the largest healthcare fraud settlement in the history of the Department of Justice. Like the bankers, they are just giving the Justice Department their share of the cut and nobody goes to jail. Pfizer has the GET-OUT-OF-JAIL card and the Justice Department has been bribed to resolve criminal and civil liability arising from the illegal promotion of certain pharmaceutical products.

No doubt, they are immune from civil liability even if they killed a member of your family because they have bribed Congress for that privilege to kill people with total immunity. The Italian Mafia should have just bought a drug company to take care of business and they would have been immune!

As to those who have asked if we have ever advised Pfizer. The answer is NO. I am not Pontius Pilate pretending to wash the blood from my hands after dealing with a company I have ZERO respect for!

Must Watch – Mark Houck Recounts the Story of His Fight Against Evil Enterprise and the DOJ


Posted originally on the CTH on January 31, 2023 | Sundance

In his own words, Mark Houck appears with Steve Bannon to describe the events that led to him being arrested by the FBI and fighting a legal battle with the DOJ.  An incredible story of valiance against evil enterprise. {Direct Rumble LinkWATCH:

Part II Below

Biden Continues Playing Politics with COVID Emergency – House Votes to End it, Senate will Ignore


Posted originally on the CTH on January 31, 2023 | Sundance

On the literal eve of a House vote to end the COVID emergency through legislation, the White House announced they would end the COVID-19 Emergency Declaration on May 11th. [pdf here]

The managers of Biden knew they would face a bipartisan vote to end the power of the dictatorial fiat known as the COVID emergency, so they quickly rushed to give Democrats in congress cover for voting against the legislative end.

In the end this is all a matter of pure politics and posturing for narrative control, because the Democrat controlled Senate is not going to take up the House bills.

WASHINGTON DC – […] The two bills – the Pandemic is Over Act and the Freedom for Health Care Workers Act – were planned by Republicans last week; and late Monday, the White House announced that it will terminate the national COVID emergency on May 11. The White House also announced its opposition to the two bills up for a vote today.

But Republicans pressed ahead anyway and easily passed both measures despite the GOP’s narrow majority in the House.

The Pandemic is Over Act, which would end the public health emergency, passed 220-210 in a vote that saw every Republican vote for it and every Democrat vote against it. But the Freedom for Health Care Workers Act, which would end the vaccination requirement for federal health care workers, passed 227-203 with help from seven Democrats.

Those Democrat votes came even though Democrat leaders on the House floor argued against both bills. Rep. Frank Pallone, D-N.J., said he opposes the Pandemic is Over Act because it would “abruptly and irresponsibly end the COVID-19 public health emergency virtually overnight,” and Democrats on the floor similarly argued against the bill to end the vaccine requirement. (read more)

Predictably the White House is claiming that if the COVID-19 emergency is over, then Title-42 immigration restrictions -which are based on the emergency- should end.  This means even more illegal aliens crossing the U.S. southern border, an outcome the Biden team embrace.

SOURCE ]

Australian Aid Worker/Mercenary in Ukraine Gives Different Account of War, Russian Success Against Western Alliance and Chinese Assistance


Posted originally on the conservative tree house on January 30, 2023 | Sundance

Several people have sent this video interview requesting opinion.  The video reflects an interview between two Australians.  The interviewer is a podcaster the person being interviewed explains his background on the ground in Ukraine as “officially” an “aid worker,” however, what he describes is more like a mercenary.

The interview is rather lengthy and starts at 02:13 with a question about what is happening in Bakhmut in the Eastern Ukraine fighting battlefield.  The unknown Australian merc in the interview describes the Russians overwhelming the Ukraine forces in most battles.  The Ukrainian military units have made several strategic mistakes that have played into the hands of the more capable Russian forces.

The main Russian element being described is the Wagner group who are well known to be brutal and strategic special force fighters.  The interview is from a pro-Ukraine, pro-western alliance perspective.  However, in the bigger picture the Ukraine military units are being ground down by attrition, despite the massive amount of aid being delivered by NATO allies.  The description is a rather brutal assessment of the devastation created by horrific modern warfare.  WATCH:

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Summary: Ukraine not winning. Wagner PMC/Russian tactics and technology vs. Ukraine. Chinese tech advisors helping Russians. Non-existant Medi-vac. Western Military Aid Stolen 60% off the top 40% sold on black market. Russian Artillery Domination. Ukrainian Officers Incompetence. Ukrainian Soldiers Lack Basic Equipment.

Sunday Talks, Harmeet Dhillon Discusses RNC Chair Outcome and Her View of Future


Posted originally on the CTH on January 29, 2023 | Sundance

There is something quite hypocritical about Harmeet Dhillon criticizing the RNC over not winning elections yet taking millions in legal fees from the RNC and never winning an election related case.

Harmeet is as successful a lawyer for the RNC as the private corporation is at winning elections; yet for some reason, people choose not to see it.

Harmeet Dhillon is successful at collecting legal fees from the RNC club, and the RNC club is successful at collecting donor contributions from Wall Street, Hedge fund managers, corporations and billionaires. No one in this process has been successful at collecting ballots, because the club priorities have always been on the money gathering operations, Dhillon’s disingenuous claims notwithstanding.

In this interview segment, Dhillon talks about losing her bid for the RNC chair position, while also talking about the need for structural reform to the way the RNC operates.  The fundamental change needed is accurately pointed out; however, you cannot change a system simply by retooling the same people who have been inside the system when the broken operations were created.  Ronna McDaniel and Harmeet Dhillon are cut from the same cloth.  WATCH:

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