There have been many people who fear the forecasts of the Bible’s Revelations and the sign of the Beast that no one will be able to buy or sell without receiving “a mark on their right hand or on their foreheads, and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name” (Revelation 13:16-17). Now you would think that someone would be concerned about mimicking that forecast. That does not seem to stop the trend to implant chips in your right hand which is your debt/credit card on a chip about the size of a grain of rice. All you do is wave your hand and you just paid for everything.
Of course, there is a slight problem. The powers that be know who your are, where you are, and you have surrendered all privacy. Perhaps there is no stopping this trend. The governments are is such desperate need of taxation and Quantitative Easing has failed because they argue people withdrew their case from the banks. They have ended bailouts in Europe and the future head of the European Central Bank, Christine Lagarde, is a champion of eliminating money and believes that each country should create their own cryptocurrency and all freedom will come to an end.
This very idea of implanting chips into your hand and eliminating all physical money is a dream come true. I believe it will become one proposal on the table in 2021-2022. Our computer which show major confrontations arising into 2032 which will also involve religion, certainly seems plausible after 4,000 people have accepted chips in Sweden who think this is cool.
First let me thank you for your paradigm shifting blog and the incredible conferences you and your team put together. They really are on a level all their own.
As we approach the next turning points in the ECM it seems that there are tremendous cross currents favoring both inflation and deflation. Given the extremely high debt rates of nearly every country in the world and even a large swath of the corporate world, some degree of moderate to even high inflation coupled with continuing low interest rates seems like the most likely path that central banks and governments will attempt to engineer. This path would avoid the deflation and societal instability that massive defaults would bring while quietly erasing the debt burden. I recognize, this path still leaves the pensions in a crisis, but that is a long slow problem primarily effecting a population group well past their prime years for fomenting revolt.
Of course the historical record shows that inflation is generally, perhaps even always, accompanied by high interest rates in the market.
I was wondering if there has been a historical precedent for moderate inflation (say 8-10% per year) combined with low interest rates on debt (sub 5%). It seems this would be the goldilocks path out of the increasingly ugly position in which the world finds itself. Leaving one to wonder if anyone has ever been able to accomplish such a combination for long? Any ideas how such a strategy would be accomplished, and what the probabilities are that our central bank and government will be able to pull it off?
Sincerely,
JU
ANSWER: This is why we really, really, really, really, need Socrates. There is no such precedent to which we can refer to in history because this is the first time post-World War II when governments have operated full-blown in this new age of Keynesian-Marxism. By that, I mean that interest rates were always a free market. It is true that there were usury caps to interest rates as far back as the Babylonian days. There was a distinction between lending in commodities and lending money. The former carried a maximum interest rate of 33.33%, whereas the latter the usury rate was 20% (Robert P. Maloney, “Usury and restrictions on interest-taking in the ancient Near East,” Catholic Biblical Quarterly 36.1 (Jan. 1974): 1-20.).
For whatever reason, there are those in the Deep State controlled by the New York banking oligarchy who really want us to shut off this research. They seem to believe that they can maintain everything as long as we keep quiet. That is absurd. What will be, will be. The free markets always win. We are in a very dangerous game here where the entire world is at risk because of a desperate attempt to manipulate the economy by maintaining artificially low interest rates to keep the government budgets in the West under control. This is going to fail!!!!!!
Instead of trying to reform, they are digging in their heels and attempting to keep a failed Quantitative Easing theory in play even after more than 10 years of obvious failure. As the Economic Confidence Model turns, everything they are trying to do will backfire. I have no doubt they will blame me, and once again, claim they would have succeeded but too many people listened to me. That is such a BS line, it is no longer funny. They can kill me and it will not change anything. The monetary system as we have known it will blow up in their face. This is IMPOSSIBLE to maintain.
You cannot keep interest rates at artificial lows and expect this game to continue. What will happen is there will be a great awakening. Once the serious money realizes the emperor has no clothes, they will lose all confidence of the people. The next 8.6-year wave will be inflationary because of a collapse in confidence. I am sure I will be the scapegoat and the fake news will keep that image in motion and support the Deep State as they always do. As they say, Bloomberg News has NEVER exposed the manipulations of the banking oligarchy. I even sent a copy about the SEC controlled by Goldman Sachs to David Glovin who will never report on the issue because their income is paid for by the same oligarchy. That is why we are on our own
Earlier today President Trump drew attention to another uncomfortable truth. Some of the most virulent anti-American progressive lawmakers entered the United States for the opportunity and freedom within our system. However, those same politicians then decry the U.S. and demand changes to the system providing the benefit.
In essence, do not flee to the land of liberty, indulge in the benefits and then have the audacity to criticize the foundation of the nation providing the opportunity.
The media immediately went into apoplectic fits of outrage accusing President Trump of being a racist because he calls-out the anti-American messengers directly.
After a media cycle of outrage du jour, President Trump responds:
Jordan Peterson is a clinical psychologist and professor. He is the author of Maps of Meaning and more recently, 12 Rules to Life: An Antidote to Chaos. The latter is a bestseller and has seen his popularity soar, as too in many quarters has the criticism of the 56 year old Canadian. Here he discusses the phenomenon of Donald Trump’s presidency. In the full interview, he and Mike discuss Trump, Identity Politics, Depression and much more, here: https://youtu.be/_pRvutf1n10
Jonathan Haidt visited Penn State for a lecture on work from his latest book, “The Coddling of the American Mind: How Good Intentions and Bad Ideas are Setting Up a Generation for Failure.” Haidt is the Thomas Cooley Professor of Ethical Leadership at New York University’s Stern School of Business. Listen to the McCourtney Institute for Democracy’s podcast interview with Jonathan on the moral foundations of politics and democracy: https://www.democracyworkspodcast.com… Thank you Penn State’s World in Conversation for recording and producing the lecture.
Bill Whittle
Published on Jul 12, 2019
The Jeffrey Epstein sex trafficking case claims a Trump team scalp as Labor chief Alex Acosta resigns. He still defends his actions a decade ago in a secret deal that many view as a slap on the wrist for Epstein. Should Trump have fought for him or fired him? This episode of Bill Whittle Now is one of 48 shows each month produced by the Members at BillWhittle.com. To learn more about what Membership means, visit https://billwhittle.com/ufaqs/what-is…
There have been countless stories of how Jeffrey Epstein and the Clintons would fly around and go off to his secret places. When federal prosecutors announced sex trafficking charges against Jeffrey Epstein this week, they described him as “a man of nearly infinite means.” They argued that his vast wealth — and his two private jets — made him a flight risk. Bill Clinton took four trips with Epstein on his private jets, one to Europe, one to Asia, and two to Africa.
Former President Clinton has not been linked by prosecutors to the current or previous accusations against Mr. Epstein in sex trafficking. Epstein began in finance at Bear Stearns and when he struck out on his own, Mr. Epstein came in contact with Clinton in 2002, when the former president took a trip on Mr. Epstein’s private jet. Clinton had been out of the White House for two years and the contact seemed to be related to the Clinton Foundation. Jeffrey Epstein’s lawyers said in a letter back in 2007 that he forged a close relationship with former President Bill Clinton and helped conceive an arm of the Clinton Foundation.
Of course, the rumors running around are that Epstein will spill the beans on Bill. The problem with that scenario is the presumption that the prosecutors would even be interested in exposing Clinton, which to date nobody has dared to even assume there is fire behind the smoke.
The peaceful left has made death threats against Ava and her family for her imitation of AOC. Her family posted this on Twitter and announced that they have deleted all posts because the right to freedom of speech does not exist if you disagree with the left.
In his former role as U.S. Attorney for the District of Miami Alexander Acosta was one of the senior DOJ officials involved in the Jeffrey Epstein case. Mr. Acosta has explained his role and justified all the actions of his office over a decade ago. However, the media and political opponents to the administration are using Acosta to attack the Trump cabinet.
Today President Trump and Labor Secretary Acosta announce the decision to depart from the administration. President Trump doesn’t want Acosta to resign, but understands he is doing so in order to stop any further distractions to the administration and labor dept.
.
[Transcript] THE PRESIDENT: I think he was a great Labor Secretary, not a good Labor Secretary. He’s done a fantastic job. He’s a friend of everybody in the administration. And I got a call this morning, early, from Alex. And I think he did a very good job yesterday. Under a lot of pressure, he did a fantastic job and he explained it. He made a deal that people were happy with, and then, 12 years later, they’re not happy with it. You’ll have to figure all of that out.
But the fact is, he has been a fantastic Secretary of Labor. And Alex called me this morning and he wanted to see me. And I actually said, “Well, we have the press right out here, so perhaps you just want to say it to the press.”
But I just want to let you know, this was him, not me, because I’m with him. He was a — he’s a tremendous talent. He’s a Hispanic man. He went to Harvard. A great student. And, in so many ways, I just hate what he’s saying now because we’re going to miss him.
But, please, Alex.
SECRETARY ACOSTA: Thank you, Mr. President. Over the last week, I’ve seen a lot of coverage of the Department of Labor, and what I have not seen is the incredible job creation that we’ve seen in this economy — more than 5 million jobs. I haven’t seen that workplace injuries are down, bucking a three-year trend; workplace fatalities are down, bucking a three-year trend; that we had the safest year ever in mining, the lowest number of fatalities ever in mining.
I have seen coverage of this case that is over 12 years old, that had input and vetting at multiple levels of the Department of Justice. And as I look forward, I do not think it is right and fair for this administration’s Labor Department to have Epstein as the focus, rather than the incredible economy that we have today.
And so I called the President this morning. I told him that I thought the right thing was to step aside. You know, Cabinet positions are temporary trusts. It would selfish for me to stay in this position and continue talking about a case that’s 12 years old, rather than about the amazing economy we have right now.
And so I submitted my resignation to the President –effective seven days from today, effective one week from today — earlier this morning.
Q If the Secretary explained himself, as you say he did two days ago, why the need for him to resign?
THE PRESIDENT: There’s no need at all, as far as I’m concerned. I would have — I watched Alex yesterday. I thought Alex did a great job. And, you know, you could always second guess people, and you could say it should have been tougher. They do it with me all the time. I make a great deal with anybody, and then they say — like, the Democrats — “Oh, it could have been better.”
I got $1.2 billion settlement fined from a company, from ZTE. And the next day — and everybody couldn’t believe it. The next day, the Democrats said, “Oh, he should have gotten more.” So you can always be second guessed. That’s what people do.
I just want to tell you: This is a person that I’ve gotten to know. There hasn’t been an ounce of controversy at the Department of Labor until this came up. And he’s doing this not for himself; he’s doing this for the administration.
And, Alex, I think you’ll agree. I said, “You don’t have to do this.” He doesn’t have to do this.
Q Why would you — why would you accept his resignation?
Q But you accepted the resignation. You accepted the — why did you accept the resignation if he hasn’t done anything wrong?
THE PRESIDENT: I do, and we have — we have — as everybody knows, we have Pat Pizzella, who right now is a deputy, and he’ll be Acting for a period of time. I think you know Pat. He’s a good man, highly recommended by Alex. But Pat is going to be Acting, and we’ve already informed him.
I have created this site to help people have fun in the kitchen. I write about enjoying life both in and out of my kitchen. Life is short! Make the most of it and enjoy!
This is a library of News Events not reported by the Main Stream Media documenting & connecting the dots on How the Obama Marxist Liberal agenda is destroying America
Centinel2012 