Biden is pressuring Powell to crash stocks and spark deflation - the central bank is openly freaking out about the coming recession.
As another Lame Cherry exclusive in matter anti matter.
What the world is being drawn into is an evil whirlpool of economic demise. We are dealing with forces which have never before been experienced. This is an economic holocaust and it has deliberately been built as deadly as anything that Stalin built in gulag Russia.
On one extreme there is Dictator Biden, attempting to crash stock markets to drive those funds out of portfolios, and being cashed in, robbing Americans further in capital gains taxes. The DC regime owns the stock market literally in all of these woke conglomerates, leveraged by hedgefunders. There have been massive creation of moneys in the multi trillions of dollars. In order to hide that money in the accounts of the cartel, in order to fleece Americans of wealth in this financial prison, high stock prices will be lowered, I/R, when the Fed and Treasury creates all this debt in huge budgets, that money had to go somewhere, and the somewhere is stocks. The cartel does not want this money to remain as value, but for example when a 100 dollar stock drops to 20 dollars, that 80 dollars is already in the account of the cartel in this debt money. But 80% of the recorded value has been obliterated as a loss. The loss goes to you and to the Treasury and that is where it ends as everyone is told the value is gone. Those stocks were purchased high, and that money went to the cartel feudal few. The stock prices deflate, the Treasury is out the money as stockholders and the feudal few gain more economics power.
As Dictator Biden is driving cashed in stocks into the open, the effects of the massive stock price increase in all of that debt, is causing inflation or prices to rise immensely. This opening of stocks to the public sphere, and the money will drive into not e currencies, but the commodities as in food and fuel. This is the two edged sword in this. Food and fuel inflation will allow for the control of the population as it degrades their standard of living.
All of us are going to experience as this blog has noted and now the story is filtering out, that food prices will double and so will gasoline. The expectation is that gas will be at 8.50 a gallon by autumn and bread will be 8 dollars a loaf.
Looming Price-Hikes On Food Set To Hit
Americans Even Harder This Fall
Remember that Dictator Biden was exuberant that high gas prices would break the crude oil sector so that electric cars would be sold. As this blog has noted, the Germans have coordinated an alternative hydrogen cell fuel, for the rich to drive their cars, but to control if you can charge your car as you can not store electricity like gas and hydrogen is not going to sit around in a gas can, or be poured into your tank.
April 2020: 2.16%;
April 2021: 2.45%;
October 2021: 4.12%;
January 2022: 5.42%;
April 2022: 6.16%;
The underlying inflationary momentum as shown by the 16% trimmed mean CPI is higher than it has ever been—including during the runaway inflation of the 1970s.
In the worst economic era in America, the Carter era, there was nothing to compare it to as America was being robbed by the petro dollar pricing. With the dollar being unpegged, there is now being unleashed a world where the last value of the dollar is being extracted as the gains from inflationary dollars are being extracted in taxes. 20% of the gains are being confiscated immediately as the reset of the value is reduced by inflation.
Overall federal tax revenue this year is expected to hit 19.6 percent of gross domestic product, a figure that’s been topped only three times: twice during World War II and again in 2000, before the dot-com bubble burst.
It’s not entirely unexplained; the CBO attributes much of the revenue growth this year and in the coming years to faster economic growth, higher wages and profits and capital gains realizations from elevated asset prices — and, yes, higher inflation.
Additional revenue comes from one-time measures like payroll taxes deferred during the pandemic that are now coming due, and from changes in estimations of foreign corporate profits in tax havens and low-tax jurisdictions.
“The remaining growth in individual income taxes this year cannot yet be explained,”
Inflation and taxes. That is what is the negative effect to acquire not cash, but the property transfer from you to them.
We are not entering into short recession. We are double dipping into the Obama second super Depression cycle.
War is what is initiated in these economic cycles.
Nuff Said
agtG
