source / The Money GPS The market is taking some serious heat right now. Certain elements are overheating. Others are completely out of whack. But what is obvious is that the Fed intends to cause the biggest bubble in history and watch it pop, then pose as the savior. Big business will consolidate, fewer and […]
source / The Money GPS We are witnessing the greatest bubble in history. One of extreme magnitude. What is truly different this time is that we have never seen investors rely so heavily on a central bank before. Previously it would have been the consumer. Today, it is understood that the consumer can only push […]
It’s difficult to believe Donald Trump is no longer American President in much the same way it is impossible to believe he lost the election, but no sooner had Joe Biden moved into the White House than he and the so-called progressives who are pulling his strings set about erasing the Trump legacy, starting with […]
American Conservative, December 18, 2020 Biden’s ‘Will of the People’ Malarkey Generations of presidents have cited “the will of the people” to legitimize power grabs. The Founding Fathers wouldn’t approve. by James Bovard In his cough-ridden victory speech Monday night, President-elect Joe Biden proclaimed again that “the will of the people prevailed” in the 2020 […]
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The US Still Dominates the World Economy
The US ruling class has dominated the planet since the end of World War II. Key elements of this control include its military superiority in nuclear and conventional weapons, and the stationing of over 900 military bases around the world. In addition, the US presides over the United Nations, the International Monetary Fund (IMF) and the World Bank. It upholds the US dollar as the global currency, and it controls much of the world’s resources, particularly oil.
Modern Monetary Theory (MMT) has become popularized by some of the liberal-left because it offers an explanation how to achieve full employment, national health insurance, free college education, and the Green New Deal without raising taxes. Political leaders like Alexandria Ocasio-Cortez and Bernie Sanders have espoused MMT. Economist Stephanie Kelton, a leading spokesperson of the theory, served as chief economic adviser to Sanders during his 2016 presidential campaign.
People will accept any insult to their liberties in order to survive, which is the reason why one crisis after another is scientifically engineered. Confusion and fear is the secret weapon of tyrants. This will continue until a significant segment of the population (perhaps 15%) understands the scam and pushes back.
The consequences of the $2.2 trillion stimulus package are being ignored, even by the White House budget office that put it together, admitting that the package had “come together so quickly,” that they had no time “to do the customary modeling of its fiscal impact.” What does appear to have consensus in financial circles is that after this is over central
A central bank-financed UBI can fill the debt gap, providing a vital safety net while preventing cyclical recessions. According to an April 6 article on CNBC.com, Spain is slated to become the first country in Europe to introduce a universal basic income (UBI) on a long-term basis. Spain’s Minister for Economic Affairs has announced plans […]
