As another Lame Cherry exclusive in matter anti matter.
The Lame Cherry always tries to post simple financial explanations as no one understands jack or shit about the real Ponzi Scheme which is finance.
One person who appears on Rense and I actually listen to, although I will never buy precious metals as what the hell are people going to do with gold and silver, as people who have not prepared will not have anything to trade but dirty socks and those who have prepared are not going to be telling people they have things to eat or they will get murdered for them.
Mike McGill gives some good insights, such as this week he reported that Target warehouses are full. They can not get people to buy things, meaning people are spending all their money on gas, heating or cooling and what meager food they can starve one.
Target is not going to drop prices, because that would send a signal that they were in trouble and set off a domino effect of deflation which would hit these Wokemarts hard to bankruptcy.
Inflation is not going anywhere, but as you can see by the charts below, what is deflating are Crypto coins, which the Lame Cherry stated should hover in Bitcoin around 20,000 until it drops further.
Meet you on the other side.
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Price changes are for the past week, ending on Aug 24, 2022 at 09:31 PM UTC
What spooked the e coin speculation is the Fed is moving toward raising interest rates again. Look, energy is what drives all pricing, and we are entering the winter phase and fuel is going to be high. If HAARP is not going to suck all that cold air into Europe to make them beg for a neo Hitler, which would give America a warm winter as should be the case, as this would keep those Goddamn Mexicans in snow country would would be warm, that cold is going to hit America again as HAARP engineered last winter. That cold drove out all the Mask Refugees as they discovered that Minnesota sucks shit in winter.
There is talk of the Fed going to raise .75% on interest. What was free money for homebuyers and industry is now getting expensive in the 6% plus range. A 500,000 dollar home is running 3000 dollars in additional interest at the moment. The problem is the payment schedule, inflation, has most people already tapped out. Adding additional interest is more than most people can afford, and the fact is, that housing bubble has already burst at 6% plus as people can not make the payments on these Black Rock pressure priced homes. I told you they want people in apartments and that is why the cartel is building ghetto apartments all over shit hole country. The Brier has two major apartment complexes going up in a small town. The Mexicans out of Texas for Nobel Roofing are staying at the hotels at 50 dollars a night, or 1500 a month which is a hell of a chunk of their nigger wages for roofing. This is the finance skimming system which is place for millions of the Biden Beaners.
I digress.
The point in this is housing has slumped, the bubble has burst and you just have not heard the pop of an entire industry not moving the economy.
Manufacturers are not going to be able to sell what they have produced for Wokemart. I can tell you of bizarre ordering from Wokemart in the products available shifted 3 times while I was ordering. TL was speaking with the manager of our local grocery which is a chain of 12 private stores. She said that the owner was currently buying from Walmart certain items by the palate, because he could get a better price from that chain than his current warehouse supplier.
Interesting I did the same thing in our store had Progresso soup for almost 5 bucks a can, and I could get it from Walmart for 2.18, for emergency prep food. Walmart is not doing well at all financially as the cartel is hammering that pinko woke chain as it is unnecessary. The point is that market pressures are causing people to put more pressure on goods. You can not buy beef soup, but you sure can buy chicken and vegan as people want beef.
The Fed will have to continue to hike prices, because no matter if oil drops, the metro dictator states like New York are dealing with millions of Biden Beaners buying up supply. This even affects ships moving in the ocean to South America as demand is demand, and any excuse to spike prices, meaning the rest of the United States is affected by the fucked up policies of New York and California, as the cartel designed this for the hydro and e cars they are plotting for.
So the rates go up, businesses can not expand, people can not afford to buy things on long term payments from cars to houses, that slows the economy more, but inflation continues on these generated "shortages". Yes this is stagflation and this rams directly into the e coins as they are not secure against hedging like gold would be as a stabilizing factor.
Yes Pedo Joe is going to enforce his e coin and cash protection at the end of the year as the forced shift takes place with all those IRS agents with shoot to confiscate orders, but for those who think that the cartel who just poisoned you with prions in the plague, is going to allow you to make money in the e coins, even if the big shots do who own the coins, you are inhabiting the same world that farmers do who think they get to keep the money they earn when in fact all they are doing is working for John Deere. Cargill and Monsanto Bayer.
I suspect in the "shock" that what will be done is to stabilize monetary policy that electronic cash will be traded dollar for dollar for bank cash, and the same will be true with an IRS tax assessment on the falling e coins, to trade them now or lose them all.
Things do not look good for e coins when interest rates are raised in September. It is more downward leverage on the coins. They honestly should drop by guesstimate and not inquiry to the 18,000 level.
As the markets are all Ponzi Scheme, I do not expect anything to elevate, and that includes gold. What would be logical, now that the Inspired thought slipped my mind is what was one of the reasons for the plague, in it shrunk the American economy. A shrinking economy is not expanding, yes obvious, but a shrinking economy can not absorb inflationary spending so it ends, as there is now the reason for the fed to tighten money supply, meaning confiscating money back out of the world, which makes money more expensive, or it drives up prices, making a reason to raise interest rates.
- Several Federal Reserve officials recently spooked markets with the possibility of another 0.75% rate hike in September, suggesting that inflation might not have peaked yet. Last Thursday’s comments from St. Louis Fed President James Bullard coincided with tailspins in both the equity and crypto markets as the likelihood of a less hawkish 0.50% rate hike next month decreased. Now, markets remain skittish as investors and analysts await Fed Chair Jerome Powell’s remarks this Friday at the Federal Reserve Economic Symposium, where he is expected to discuss planned rate increases for the remainder of the year.
- Bitcoin has shed roughly 10% since last Thursday, with intraweek lows in the $20,000 range. The largest cryptocurrency’s price drop accelerated on Friday after $210 million of leveraged (borrowed) BTC was liquidated to pay back lenders after prices began their descent alongside the broader stock market — the S&P 500 is down roughly 4% in the same time frame.
- Ethereum is down about 12% over the last week, and the price drop prompted issues for an NFT lender. Over the weekend, a group called BendDAO that specializes in NFT-collateralized loans (this enables Bored Ape owners to borrow money against the value of their simian NFTs) struggled with liquidity issues when depositors drained the company’s reserves from 10,000 wrapped ETH to 5 ETH, adding downward pressure to the second biggest crypto by market cap. By Monday, some depositors returned, giving the firm time to vote on new ways to “build confidence” like adjusting its liquidation threshold.
The Lame Cherry does promise you something, even with all the trillions looted from the US Treasury, there is not enough cash available to turn e coin into Dollars. Call it a banking run or an e coin run, but that is the fact. That is one reason why the coins are collapsing across the board and some are holding stable.
In many ways e coins are like houses in what is taking place. Both are inflated yet, and those who own them can not get what they want out of them, so supply has outstripped demand and will continue to do so.
I can tell you that on Idle Empire where I was mining tokens for coin, the polls have evaporated in the past month. Some would say, "That is because e coins are going to surge in what is coming to astronomical values" while others would point out, "The scam which generated all these NSA coins has reached it's end game and they are not going to create more rubbish to deal with".
What is taking place is a massive devaluation of assets for the majority of people and a massive price cost to absorb what the majority of people have. This will be across the board.
After Fed Chair Hank Paulson crushed the Nixon and Carter money flation, it took 18 months for things to sort out and a deflation reset to complete for the Reagan run. Things are bigger now, and at no time in any of that were anyone making money on investments, save the Wall Street portfolios in production meaning sales and those businesses which actually were creating things people wanted to spend money on.
agtG
