Tag Archives: Money Is Being Redefined

Aug 10 2023

Joe Rogan and Patrick Bet David Begin to Figure It Out – “There Are Trillions at Stake”…


Posted originally on the CTH on August 9, 2023 | Sundance 

An interesting podcast segment between Joe Rogan and Patrick Bet-David is below.

For thirteen years, CTH has been assembling the data showing how everything that is swirling around the world of cultural and political events can be encapsulated with the term “the economics of the thing.”  That quote is not about the applied exchanges of commerce or production, but rather another way to look at the old adage, “follow the money” and “he who controls the money.”  The difference between the two statements is found with massive financial institutions purchasing the biggest shares of companies.

“The economics of the thing,” drives a key point that cultural issues, sociological fabric, and political outcomes are driven by the mechanisms of a few people who control the constructs of the economic system: essentially, control of the corporations.  This is the issue behind our current reality that CTH predicted 15 years ago.

Blackrock, Vanguard, State Street, Larry Fink, and I would add Larry Page (Goog) and ultimately George Soros (pure ideological), form the massive financial network behind the second phrase, “There are trillions at stake.”  These are the entities who control political processes.   These are the entities who control politics.  These are the entities who control the RNC/DNC.  PBD is talking to Joe Rogan and starting to realize what President Trump is up against.  WATCH:

It’s actually nice to see people starting to elevate themselves high enough to see the issues we have pointed out on these pages for fifteen years.  Unfortunately, these types of awakenings and the subsequent broad sharing to a larger audience, is part of the reason why CTH has such a big target on our back.

It’s not the content that we provide for people to absorb that presents a risk to the power structure, it’s the context that we apply to the content.

The content is available widely, it is not in dispute, that is why we work diligently to provide the citations.  The content is never the issue; it’s the context of taking the momentary data point and applying it as one piece of the puzzle to the larger picture that is averse to the interests of the power holders.

The Alpha/Google spiders are not crawling around with their enhanced AI looking for words, phrases or content issues.  Enhanced Artificial Intelligence (AI) has given the spiders the ability to look for context.  The new Alpha/Goog AI spiders are crawling the internet looking for information provided with a detrimental and accurate context.  Those who are applying truthful context are the subversive voices that must be targeted.  Keep this in mind.

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Aug 9 2023

Gen X No Longer Saving for Retirement


Armstrong Economics Blog/Economics Re-Posted Aug 9, 2023 by Martin Armstrong

(click on the image above for a clear view)

A new survey by Clever Real Estate shows that 64% of Gen Xers have stopped saving for retirement. These are the people born between 1965 and 1980. Retirement has become a luxury, and people are working well into their golden years out of necessity. The cost of living is so high that the majority cannot afford to save for the future. Social Security will not be there to soften the blow, pensions are failing for those lucky enough to secure one, and we soon will have a nation of elderly individuals with no financial means. This is a great premise to usher in the Great Reset, where the government usurps all power, as people may have no other option.

According to the survey, 56% of respondents have less than $100,000 in savings, while 22% have absolutely nothing saved for retirement. Most (69%) would like to retire before the age of 65, but only 37% believe that is a possibility. In fact, 19% do not believe they will retire before 80, and 11% believe they will be working until the day they die.

The average 401K match from employers is at an all-time high of 4.7%, but people are still unable to stow away funds. Of those who never saved for retirement, 73% said they simply could not afford to save, while 30% said they were focused on paying off debt. Over half (52%) said they have over $10,000 in non-mortgage outstanding payments. Around 44% blame the poor economic conditions of the US for their dilemma.

Americans are falling deeper into debt and have no plans for financial management. Americans raked in a record $17.05 trillion in debt during Q1 of 2023 alone. Credit card debt is at an all-time high, and the cost of borrowing continues to rise. Public schools do not educate people on the importance of saving for retirement, and we are all paying into Social Security with no guarantee that it will be paid back to us. America is heading toward a retirement crisis.

Aug 9 2023

Michigan State Police Discover Widespread 2020 Voter Fraud and Turn Over Evidence to FBI – Who Apparently Did Nothing


Posted originally on the CTH on August 8, 2023 | Sundance 

Stunning discovery being shared by Gateway Pundit about a network of massive ballot fraud and voter registration fraud in Michigan as a result of a city clerk notifying local police.  The investigation uncovered a multi-state voter registration operation and the details within the state police report are quite remarkable.

(Gateway Pundit) […] On October 8, 2020. only one month before the 2020 general election, Muskegon, MI City Clerk Ann Meisch noticed a black female (whose name was redacted from the police report), dropping off between 8,000-10,000 completed voter registration applications at the city clerk’s office.

The Muskegon Police Department was contacted and asked to investigate. On 10/21/20 First Lieutenant Mike Anderson was contacted by Tom Fabus, Chief of Investigations for Michigan Attorney General Dana Nessel’s Office. According to the MI State Police report, Mr. Fabus asked for Michigan State Police assistance with a joint investigation of alleged voter fraud being conducted by the Muskegon Police Department and the AG.   An investigative task force was formed, and an investigation was initiated. (read more)


Aug 9 2023

So, not a Conspiracy? – Almost 100 Arrested in Global Pedophile and Child Sex Trafficking Ring


Posted originally on the CTH on August 8, 2023 | Sundance 

According to most western media to say there is a vast global network of pedophiles and perverts who traffic children is akin to believing in some Q-minded conspiracy.  Apparently, with headlines that appeared on AOL News today, the conspiracy is not a theory.

“Members used software to anonymously share files, chat on message boards and access websites within the network,” it said. Some were also accused of having produced their own child abuse material to share with members of the network, the agency said.

(Via AOL/NBC) – Almost 100 people in the United States and Australia have so far been arrested over child sexual abuse allegations after the fatal shooting of two FBI agents led to the unraveling of a suspected international pedophile ring, officials announced Tuesday.

The Australian Federal Police (AFP) said that 19 men had been arrested on charges of sharing child abuse material online, while at least 13 children were rescued from further harm as a result of a joint operation with the FBI, dubbed “Operation Bakis.”

The development brought the total number of people arrested as part of the joint probe up to 98, with at least 79 arrests so far carried out by the FBI, according to the Australian agency.

The joint investigation began after the two FBI agents investigating the alleged pedophile ring were fatally shot in 2021 while executing a search warrant in Sunrise, Florida, for a man suspected of being in possession of child abuse material, the agency noted in a news release.

Special Agents Daniel Alfin and Laura Schwartzenberger were fatally shot and three other agents were wounded, while the gunman, David Lee Huber, 55, was also killed, NBC News previously reported.

The Australian agency said the coordinated probe was formally launched in 2022 after the FBI provided the Australian Centre to Counter Child Exploitation with intelligence about Australian individuals suspected of being part of a “peer-to-peer network allegedly sharing child abuse material on the dark web.” (read more)

Aug 9 2023

REPORT: January 6 Committee Destroyed Evidence and Did Not Investigate Capitol Hill Security Failures


Posted originally on the CTH on August 9, 2023 | Sundance 

Most close watchers already knew the motive and intention of the J6 committee was to build narratives useful against their political opposition and the 2022 midterm election cycle.  Factually, the makeup of the J6 committee was specifically structured for this intention.

That said, this remarkable statement by former J6 Committee Chairman Bennie Thompson is essentially admitting the committee destroyed evidence that undermined their preconceived notions.

After being questioned by republicans about the absence of evidence provided to the committee, former Chairman Bennie Thomson says:

…”Consistent with guidance from the Office of the Clerk and other authorities, the Select Committee did not archive temporary committee records that were not elevated by the Committee’s actions, such as use in hearings or official publications, or those that did not further its investigative activities. Accordingly, and contrary to your letter’s implication, the Select Committee was not obligated to archive all video recordings of transcribed interviews or depositions.

Based on guidance from House authorities, the Select Committee determined that the written transcripts provided by nonpartisan, professional official reporters, which the witnesses and Select Committee staff had the opportunity to review for errata, were the official, permanent records of transcribed interviews and depositions for the purposes of rule VII.”…  (READ MORE)

“Guidance from House authorities” is political code speak for House counsel.

Who do you think was counsel for the House J6 Committee?  👀👇

{GO DEEP}

One of the key House J6 counselors, giving advice to destroy evidence that ran against their narrative, was at the epicenter of all Trump targeting while in office.

[Source]

Aug 6 2023

The Democratic Party Hates America


Armstrong Economics Blog/Politics Re-Posted Aug 6, 2023 by Martin Armstrong

Aug 5 2023

United States Debt Downgraded to AA+


Armstrong Economics Blog/Economics Re-Posted Aug 4, 2023 by Martin Armstrong

Inflation was transitory. Now, the credit rating of the United States plummeting from AAA to AA+ by Fitch is “arbitrary,” according to Treasury Secretary Janet Yellen. “In Fitch’s view, there has been a steady deterioration in standards of governance over the last 20 years, including on fiscal and debt matters, notwithstanding the June bipartisan agreement to suspend the debt limit until January 2025,” the rating agency said in a statement. The last time an AA+ rating was issued was August 5, 2011, and the market took a hit.

In 2011, Standard & Poor cut its rating also after a debt ceiling crisis caused by politicians. The global markets felt the impact of that news. Fitch has been warning of a possible downgrade since May 2023, due to the massive debt burden and political mismanagement. The White House continued its spending spree and our politicians could not agree on a limit for the debt ceiling. The warnings were there.

It is concerning that Yellen is trying to stifle this news. “I strongly disagree with Fitch’s decision. The change announced today is arbitrary and based on outdated data,” Yellen insisted. Again, this is the same woman who insisted, along with Powell, that inflation was transitory and nothing to be concerned about. Yellen believes some of Fitch’s models do not accurately indicate the state of the US. Yell said “governance,” under Joe Biden, has improved due to mass infrastructure packages and investments in America that will make the country more competitive.

Yellen and others refuse to admit that the United States has deteriorated under the Biden Administration. “Governance” is one of the nation’s weakest points right now, but that would put blame on the current administration. The right and left are more polarized than ever and cannot agree on anything. The US government is heavily investing in one foreign government to fuel the proxy war while lining the pockets of “the big guy.” This administration has ruined America and there is no sugar coating what’s to come.

Aug 4 2023

US Credit Rating & the Sovereign Debt Crisis


Armstrong Economics Blog/Politics Re-Posted Aug 3, 2023 by Martin Armstrong

QUESTION: What do you make of the US debt downgrade? Do you think this has anything to do with indicting Trump in three courts? I know many people decided to donate to Trump today, even for the first time, as a sign of disapproval of the Biden Administration and the RINOs.

HJ

ANSWER:

It is time for the Credit Rating Agencies to knock off the BS. Yes, Fitch Ratings downgraded US long-term debt late on Tuesday from AAA to AA+, citing this spring’s debt ceiling standoff as a significant reason. That is nonsense. NO government ever intends to pay off its debts. Historically they ALWAYS default. The global financial system has relied on the promise that the US government will always repay its debts. Some wrongly believe that this is what makes the US dollar the most widely held currency worldwide. The backing behind the dollar is twofold.

  1. Largest Consumer-based economy in the world that everyone needs to sell into
  2. The deepest financial market in the world to park money as well as finance projects and float stocks

This is why the US markets barely reacted to the news in after-hours trading on Tuesday, and US Treasuries were holding steady. Of course, you have the traditional bearish prognosticators who claim the last time there was a downgrade, and the market crashed by 6.5%. The real question is – sell stocks, and the traditional flight to quality is you buy bonds – which were just downgraded. Hm? Many are starting to wake up that the only safe place for wealth will be in tangible assets, for this Biden Administration is completely desperate and out of control. You cannot threaten China and Russia with war and then ask them to buy your debt. China is disinvesting in US government debt ASAP. That is also the reason for the downgrade.

These indictments against Trump, while Biden and Hunter actually could be charged with Treason, have undermined the confidence in the United States government internationally more than anything. They are trying to prevent Trump from running in 2024, for the Neocons know they would be fired if not put on trial for treason themselves. Trump vowed to run for office from prison. RFK should join as the VP and abandon the Democrats, for they will NEVER allow him to gain a toe in their Washington club.

Yes, I have gotten many emails saying people are donating to Trump’s 2024 campaign as a matter of protest against this Biden Administration. All I can hope is that even Democrats wake up before it is too late and stop this hate-Trump nonsense, for what lurks in Washington is so much worse. This judge in Washington will put Trump in prison in the blink of an eye. This judge has been handing out time in excess of the prosecutor’s recommendations. That is unheard of.  You are about to witness the complete collapse of the Rule of Law in the United States, and once that goes – it is time to turn out the lights.

The US will eventually descend into civil war at worst, just as China and Russia did when faced with the rise of the LEFT. Some states will separate from this absolutely corrupt government. We cannot rule out the Biden Administration canceling the dollar before the 2024 election, for the Neocons do not care about the economy – only their geopolitical goals. With the Neocons in such a desperate position, they may not wait for the election and connect a dollar cancelation to some geopolitical event. The EU would most likely do the same on a coordinated basis, and both Canada and the UK will follow suit with Japan, Australia, and South Korea.

If the Neocons manufacture a geopolitical conflict before the election, beware of the 2nd quarter next year. That does NOT mean we should lose all hope. You cannot create a new system without purging the old one. Keep your fingers crossed for post-2032, and we get to start anew just as the Founding Fathers overthrew the monarchy and created a new political system.

C

Aug 3 2023

Tripwire – Gavin Newsom Sets Up PAC and Super PAC Fundraising – Ron DeSantis Agrees to Debate Newsom in November


Posted originally on the CTH on August 2, 2023 | Sundance | 172 Comments

Gee, who woulda thunk?  A couple of data points to highlight the construct of something we have predicted for a year.  Those who control the illusion of choice within each club, RNC and DNC, have always looked to be constructing a 2024 outcome where Gavin Newsom competes against Ron DeSantis.

First, California Democrat Governor Gavin Newsom has recently set up a Political Action Committee (PAC) and a Super PAC that would seemingly support the perspective of his presidential ambitions.

SACRAMENTO, Calif. — Gov. Gavin Newsom is taking fundraising steps often used by potential presidential candidates, setting up multiple committees that in their first three months have raised and spent millions of dollars.

The three Newsom-affiliated committees are a political action committee, which limits contributions to $5,000 a year and can donate to individual candidates; a SuperPAC, which can raise unlimited amounts of cash but is restricted from promoting a specific candidate, and a joint fundraising committee, which functions like a bank, mostly collecting and distributing funds to the other groups. (more)

One day later, Ron DeSantis announces on the Moudoch news channel, using the mockingbird broadcaster, that he is willing to debate Gavin Newsom this November.  Notice the states, and you will easily be able to guess which one will be selected for the venue.

(Via Politico) – Govs. Ron DeSantis and Gavin Newsom have tentatively agreed to debate — one hosted by Fox News.

The Florida Republican and California Democrat have repeatedly sparred over policies in their respective states, each representing one side of the ideological spectrum though occupying different political perches. DeSantis, a Republican, is trailing former President Donald Trump for the Republican presidential nomination while Newsom, a Democrat, has brushed aside questions about his own presidential ambitions to become a super surrogate of sorts for President Joe Biden.

A showdown between the two seemed unlikely as DeSantis ramped up his presidential campaign. But Newsom still has spent months trying to entice his counterpart into joining him on a stage.

On Wednesday, DeSantis agreed, telling Fox News’ Sean Hannity: “Absolutely I’m game. Just tell me when and where.”

An aide to Newsom told POLITICO that the governor was also in. Newsom’s office had sent a formal request offer to Fox News last week with proposed debate dates of Nov. 8 or Nov. 10. That request called for Hannity to serve as the sole moderator for a 90-minute forum on Fox News that would not include an in-studio audience and would air live.

[…] In his letter, Newsom’s office proposed three separate debate sights: Nevada, Georgia or North Carolina. (more)

Those who control the illusion of choice have to proceed with the planning as if the objective to remove candidate Donald Trump will succeed.

That sets up Joe Biden to announce withdrawal due to medical issues.

The state they will choose for this GN -v- RD debate venue is easy, Georgia.

Nothing is a coincidence.

Throughout our analysis of the preferred ’24 outcome by those in the background who ultimately seek to control elections through the activity of front men, those artfully skilled at presenting the illusion of choice, it has always looked like the RNC/DNC preferred presentation was a Ron DeSantis -v- Gavin Newsom (win/win) contest.

The landscape of the ’24 election would then be reduced to “social issues” as distinctions between the two faces of the contest, while the economics of things – the substantive part – carries a far lesser contrast. An almost identical replay to the attempted 2016 construct of Hillary -v- Jeb.

In 2016, the RNC/DNC corporations wanted a Hillary v Jeb matchup. That was the outcome of both corporate intents, and all processes were deployed to create that outcome.  For 2024, it became obvious last year the corporations wanted a Newsom v DeSantis contest.  In that matchup the people who control the financial mechanisms can maintain their status quo.  The billionaire funders for DeSantis, RGA/RNC would be quite okay with a Newsom outcome.

Aug 2 2023

Hard Currencies – Fiat v Legal Tender


Armstrong Economics Blog/Great Reset Re-Posted Aug 2, 2023 by Martin Armstrong

A man attempted to purchase strawberries with cash at an Aldi grocery store in the UK, possibly leading to his arrest. They want us to adjust to the cashless society that will implement globally by the World Economic Forum under its Digital Currency Governance Consortium. Some call cash “hard currency” to further differentiate it from the coming digital world of finance. Piers Corbyn, who happens to be the brother of British Labour Party leader Piers Corbyn, has gone viral for what many are calling an act of rebellion against the globalists.

The Aldi in Greenwich only accepts payments through the Aldi App. Aldi implemented this measure during COVID and never repealed it. Stores are commonly banning all cash transactions, and it is legal for them to deny cash. These stores may not realize that the WEF will soon implement one “globally coordinated approach to [digital currency] regulation” and their individual apps will be obsolete.

As for Corbyn, he placed his cash on the counter and left the store with his strawberries. People cheered as he left the store. Aldi employees called the authorities. “I’m offering exactly the right amount of money here,” he announced, “I’ve paid my legal tender.”

“Legal tender” is merely any form of payment accepted by law. So while the “hard currency” produced by the Royal Mint may be considered legal tender to some, the grey area here is that sellers do not need to accept it as a form of payment. So what was once a commonly accepted legal tender is now fiat, containing no intrinsic value without the backing of CONFIDENCE.

When the gold coin was money during the 19th century, it rose and fell in purchasing power no different than any paper currency. You cannot walk into a grocery today and pay in gold. People only accepted paper money because they knew others would accept it as a form of payment. Fiat is simply an arbitrary decree.

Governments are telling the people loud and clear that cash will be phased out. They are making us accustomed to the idea, gaslighting us into thinking digital is more convenient. The truth of the matter is that the day will come when they ask us all to turn in our “hard currencies” in exchange for CBDC. I applaud this man for his act of bravery and hope he was not arrested over a pint of strawberries.