The fact that you have to turn to Russian TV to see what is really happening says it all for the Western Press. Wh0 will ever investigate to see who has bribed the press to push this agenda? NOBODY!
The Federal Reserve has discontinued updating the M1 and M2 weekly money supply series and is instead now updating the series monthly. What is really going on is what I have been talking about and was one of the key subjects behind the book I published – Manipulating the World Economy (5th edition to be released in a few weeks). This change reflects a profound change in economics whereby Keynesian Economics is collapsing. The view at the Fed has been stating what I have been warning was unfolding. Chairman Powell has stated that he no longer regards that the quantity of money is relevant. Powell has stated that the practice of measuring money no longer matters because it’s unrelated to inflation. The Fed now realizes what I have been saying all along – it is a matter of CONFIDENCE.
This money supply has been published since the 1970s when the idea of Milton Friedman first took hold as monetarism. It was Milton who convinced President Nixon that the value of money was no longer calculated by the amount of gold in your vault. The Fed has changed the publishing frequency on M1 and M2 money supply from weekly to monthly which is a direct result of the collapse in economic theory, although no economist will explain it that way.
The entire idea behind QE was you increase the supply of money and inflation would follow. They have poured money into the system since 2008 dramatically increasing the money supply which has had ZERO impact on inflation.
The Federal Reserve has realized what I have been saying turns out to be true. In principle, they realize that inflation is not tied to the money supply. Not only has the Keynesian economic theory failed, but so has Monetarism. Now the goldbugs have to realize that inflation is not tied to the money supply and that has nothing to do with hyperinflation and just maybe we can see that the emperor has no clothes after all.
Thank you for all the letters and emails congratulating me on the book and its impact on changing the central banks. The war has not been won. Now they move to the digital world.
FED Notes:
Starting on February 23, 2021, the H.6 statistical release is now published at a monthly frequency and contains only monthly average data needed to construct the monetary aggregates. Weekly average, non-seasonally adjusted data will continue to be made available, while weekly average, seasonally adjusted data will no longer be provided. For further information about the changes to the H.6 Statistical Release, see the announcements provided by the source.
Before May 2020, M1 consists of (1) currency outside the U.S. Treasury, Federal Reserve Banks, and the vaults of depository institutions; (2) demand deposits at commercial banks (excluding those amounts held by depository institutions, the U.S. government, and foreign banks and official institutions) less cash items in the process of collection and Federal Reserve float; and (3) other checkable deposits (OCDs), consisting of negotiable order of withdrawal, or NOW, and automatic transfer service, or ATS, accounts at depository institutions, share draft accounts at credit unions, and demand deposits at thrift institutions.
Beginning May 2020, M1 consists of (1) currency outside the U.S. Treasury, Federal Reserve Banks, and the vaults of depository institutions; (2) demand deposits at commercial banks (excluding those amounts held by depository institutions, the U.S. government, and foreign banks and official institutions) less cash items in the process of collection and Federal Reserve float; and (3) other liquid deposits, consisting of OCDs and savings deposits (including money market deposit accounts). Seasonally adjusted M1 is constructed by summing currency, demand deposits, and OCDs (before May 2020) or other liquid deposits (beginning May 2020), each seasonally adjusted separately.
This is a protest in London against the BBC and fake news. I am warning journalists that they better get on the right side. History warns when this all turns ugly, they will be dragging the journalists out for conspiring against the people with the governments, Bill Gates, and Schwab’s WEF. So far, only 37.5% of Americanstook the vaccine. If you listen to the press, you would think only a tiny minority is refusing.
This is a protest in London against the BBC and fake news. I am warning journalists that they better get on the right side. History warns when this all turns ugly, they will be dragging the journalists out for conspiring against the people with the governments, Bill Gates, and Schwab’s WEF. So far, only 37.5% of Americanstook the vaccine. If you listen to the press, you would think only a tiny minority is refusing.
Last weekend, there was also a massive protest in the streets of Toronto. These governments are clearly acting against the people because their social promises and infrastructure is collapsing. They have been borrowing endlessly since World War II with ZERO intention of ever paying off the debt. If we did that in the private sector, we would get 20 years in prison for bank fraud.
Interestingly, at least 33,565 New Yorkers exchanged their NY driver’s licenses for Florida credentials between September 2020 and March 2021. In total, during this COVID nonsense, 104,960 New Yorkers made the switch to Florida. New Jersey came in second with 53,901, and the migration has also been from Georgia (48,143), Illinois (46,042), and California (43,801). The stats are really astounding. We will see taxes rise further in those states because the people leaving are the highest income earners.
The general talk has been that the end of the fiat monetary system is imminent. Central bank digital currencies allegedly threaten the US dollar, according to some very shallow reasoning and a total lack of understanding about why the dollar is even the reserve currency. Beyond that delusion, these people are claiming that cryptocurrency will end fiat currency. But even private cryptocurrency is not backed by anything either.
Then there is serious talk behind the curtain in addition to the United Nations trying to become the one-world government that will be a dictatorship with no democratic process whatsoever. There is some argument that the central banks’ digital currencies will not displace the dollar and that title will go to the digital “IMF Coin” that will become the new reserve currency.
The dollar is the reserve currency, just as was the Roman silver denarius because it was not just the financial capital of the world. Still, they both represented the major economy, and everyone was trying to sell to the core. Rome conquered most of the Western World at that time, and most found it beneficial to be part of Rome. They often received capital investment into emerging markets, and they produced local goods to be sold to Rome. For example, Egypt was a major supplier of wheat to Rome.
Most transactions today are digital, so converting paper dollars to cryptocurrency will not dramatically alter the economy. The UN and IMF are simply trying to take over the world for a power play. They do not have armies, nor do they possess economies to qualify for the world’s financial capital. They are drunk with this delusion of power that by sheer decree, they can rule the world. From the very beginning, the elite saw in their vision that they would dominate the world and end democracy. Huxley was against the United States and believed that “unrestricted individualism” was equally wrong as a total dictatorship as in communism.
This is what Kalus Schwab is saying in his 8 points for 2030 — end the threat of “populism,” as was the case in electing Trump, by eliminating any right of the people to be heard. What Schwab, the UN, and IMF see is retaining some basic human rights but removing our right to even say what kind of government we want. In their world, only the elite know what is best — not the people.
This is the real agenda behind cryptocurrencies to lay the foundation for the ultimate power being handed to the UN and the IMF. This folly will not succeed. For such entities are like men and even corporations — they are never immortal. I will celebrate the day the flags of the UN are lowered forever. It has always been a very dangerous and lustful entity drooling for supreme power.
In the Buri Ram, Thailand, Governor Thatchakorn Hatathathayakul, on May 2, ordered the closure of the two villages containing about 400 households or more than 1,000 people. There will be a total ban on people in and out for 14 days. They were not allowed to travel and no visitors. But now, the governor has been the first in the world to violate human rights. He has ordered everyone in the province to be vaccinated against Covid-19 or risk being fined or jailed for up to two years. This raises serious questions about Thailand for travel. Thailand has relied upon ex-pats as a major source of income for those who retire there or just visit one of the most beautiful countries in Southeast Asia.
The cancelation of the Swiss currency is a serious issue for they are no longer legal tender already. Much of the 1,000 franc notes reside outside of Switzerland. They are replacing the notes with new ones which is in line with the problem with currency in Europe, to begin with. They are NOT eliminating all paper money as of yet. This practice in Europe prevents hoard of cash and compels people to come forward and explain where they got the money. The Swiss have been under pressure from the EU to cancel the 1,000 SF notes since 2013. The rumor is that this was prompted by Swiss’s largest insurance company, Swiss Life Holding AG and three of its subsidiaries just admitted to conspiring with US taxpayers to hide assets and income offshore. I do not think there is any real connection.
Previously, in 1952, the national bank ceased issuing 5-franc notes but introduced 10-franc notes in 1955. In 1996, 200-franc notes were introduced whilst the 500-franc note was discontinued. The likelihood of redemption is nill if you are in the United States. I personally use to keep a few hundred dollars worth of most currencies for traveling purposes. What I had from India is worthless and now the Swiss. I suspect the Euro will be next and they will probably cancel at a minimum the 500€ notes since they stopped printing them since 2016 claiming they serviced financial crime.
This is simply the agenda. I have explained the Russian cancelation of 1991. There they accomplished two things. First, they restricted the amount of old notes you could even redeem to 1,000 rubles. Second, the Russian currencies were throughout Eastern Europe and those states broke away. Hence, it was outright canceling the currency outside of Russia.
After they are finished with canceling all the currency, next will be to eliminate all cryptocurrencies. Then the Democrats are planning the same. They are intending to do this in 2022 marketing it as the filth rich are hoard cash. About US $1,000,000 in $100 bills weighs around 22.046 pounds (10 kilograms). So $10 million is over 220 pounds. It is easier to buy art, rare coins, stamps, cars, and real estate.
Emily Ratajkowski’s digital photo sold at Christie’s for $140,000. I really do not know what you do with that one.
The Spanish parliament has passed an energy transition law to achieve climate neutrality by 2050. “As of today, Spain has a climate law on the basis of which it can resolutely build a green, sustainable, just future with prosperity for all,” said Spain’s Prime Minister Pedro Sánchez on Thursday’s parliamentary vote on Twitter. A central point of the law is a ban on the sale of vehicles with climate-damaging internal combustion engines from 2040.
Worse still, all combustion engine cars will be banned from even driving after2050. By 2023 at the latest, all Spanish cities with more than 50,000 inhabitants must set up zones in which the traffic of particularly climate-damaging vehicles are restricted.
Spain’s greenhouse gas emissions are to be reduced by at least 23% by 2030 compared to 1990 levels. To this end, the share of renewable energies in the country’s total energy supply is to increase to 42% by 2030 and to at least 74% in electricity production. The climate law that has now been passed is intended to ensure that Spain does its part to make the European Union CO2-neutral by 2050. Madrid had already committed itself to the EU in January 2020 with the aim of a 23% greenhouse gas reduction by 2030.
Meanwhile, the entire EU has raised the requirement from a reduction in greenhouse gas emissions of 40% by 2030, to 55%. However, the agreement has yet to be put into effect. For environmentalists, Spain’s new climate law doesn’t go far enough as they are demanding. Greenpeace has criticized this new law as “insufficient” for the fulfillment of the Paris Climate ProtectionAgreement. The Spanish Environment Minister Teresa Ribera spoke on Twitter of an “indispensable law to build on”. At the same time, she admitted that Spain should have passed such a law “ten years ago”.
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
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