The Fed is a weapon for social and political change in America. Its job is to greatly reduce the standard of living of the population while saying the decline is a “natural” result of the U.S. System.
Posted by freedomforall 1 year, 7 months ago to Politics
Excerpt:
"“Wouldn’t the fed sabotaging the economy eventually destroy them as well?”
The answer is YES, and they don’t care. If you have read my previous work on this issue then you know that the Fed is inexorably tied to the Bank for International Settlements (the “central bank of central banks”) and that they call the shots in terms of coordinated global banking initiatives. The BIS is a globalist institution, not an American one, and its agenda is ideologically globalist in nature. The Fed is a servant of globalism; and if the US economy or our currency need to be brought down through a controlled demolition in order to make the globalist dream of a one world socialist “Utopia” come true, that is exactly what the Fed will do.
I was able to predict that the Fed would continue onward with its interest rate hikes and hawkish position only because I acknowledge what the Fed really is: A suicide bomber. And, they have decided the time is ripe to hike interest rates into economic weakness, just like they did at the onset of the Great Depression.
At the beginning of the Depression the Fed increased interest rates after years of artificially stimulating markets with low cost debt. This prolonged the deflationary crash for many years after. It was not until decades later when former Fed chair Ben Bernanke gave a speech celebrating economist Milton Friedman’s 90th birthday that a central bank official finally admitted that the organization was culpable for the Depression debacle.
“In short, according to Friedman and Schwartz, because of institutional changes and misguided doctrines, the banking panics of the Great Contraction were much more severe and widespread than would have normally occurred during a downturn.
Let me end my talk by abusing slightly my status as an official representative of the Federal Reserve. I would like to say to Milton and Anna: Regarding the Great Depression. You’re right, we did it. We’re very sorry. But thanks to you, we won’t do it again.” – Ben Bernanke, 2002
What Ben Bernanke did not admit to was that the engineered deflationary crisis greatly benefited the allies of the Fed – The international corporate bankers. Companies like JP Morgan and Chase National were suddenly in a prime position to seize unlimited power in the US.
So, they’ve done it before, why wouldn’t they do it again?"
"“Wouldn’t the fed sabotaging the economy eventually destroy them as well?”
The answer is YES, and they don’t care. If you have read my previous work on this issue then you know that the Fed is inexorably tied to the Bank for International Settlements (the “central bank of central banks”) and that they call the shots in terms of coordinated global banking initiatives. The BIS is a globalist institution, not an American one, and its agenda is ideologically globalist in nature. The Fed is a servant of globalism; and if the US economy or our currency need to be brought down through a controlled demolition in order to make the globalist dream of a one world socialist “Utopia” come true, that is exactly what the Fed will do.
I was able to predict that the Fed would continue onward with its interest rate hikes and hawkish position only because I acknowledge what the Fed really is: A suicide bomber. And, they have decided the time is ripe to hike interest rates into economic weakness, just like they did at the onset of the Great Depression.
At the beginning of the Depression the Fed increased interest rates after years of artificially stimulating markets with low cost debt. This prolonged the deflationary crash for many years after. It was not until decades later when former Fed chair Ben Bernanke gave a speech celebrating economist Milton Friedman’s 90th birthday that a central bank official finally admitted that the organization was culpable for the Depression debacle.
“In short, according to Friedman and Schwartz, because of institutional changes and misguided doctrines, the banking panics of the Great Contraction were much more severe and widespread than would have normally occurred during a downturn.
Let me end my talk by abusing slightly my status as an official representative of the Federal Reserve. I would like to say to Milton and Anna: Regarding the Great Depression. You’re right, we did it. We’re very sorry. But thanks to you, we won’t do it again.” – Ben Bernanke, 2002
What Ben Bernanke did not admit to was that the engineered deflationary crisis greatly benefited the allies of the Fed – The international corporate bankers. Companies like JP Morgan and Chase National were suddenly in a prime position to seize unlimited power in the US.
So, they’ve done it before, why wouldn’t they do it again?"
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- 2Posted by Dobrien 1 year, 7 months agoBernanke , Powell , Yellen , they all might as well be FBIdens press Secretary. They don’t even control their own bowel movements. Pointing out the FED on the other hand is correct. The Federal Reserve Bank owned by 20 private stockholders. Those “Prussian Banksters” use the FED like a slave masters whip . See my new posts on the Evolution of Slavery part 1-4 if you want to know who are those 20 filthy deranged delete scumbags that infiltrated and enslaved US going back to 1871.| Mark as read | Best of... | Permalink
- 3Posted by freedomforall 1 year, 7 months agoLike Buydem, the fed is a tool of the deep state to rob and enslave the People.| Mark as read | Parent | Best of... | Permalink
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- 2Posted by mccannon01 1 year, 7 months agoGood article. There’s been plenty of prediction and discussion in the Gulch regarding SHTF and this gives an insight as to some of the mechanics involved in making it happen.| Mark as read | Best of... | Permalink
