Deflation

McCarthy Fails Big, Bioweapon/Vax Awakening [Video]

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Update:  McCarthy wins Speakership in 15th round.

McCarthy Fails Big, Bioweapon/Vax Awakening [Video]Greg Hunter – Minority House Leader in the GOP, Kevin McCarthy, failed in the votes to put him in as Speaker – 11 times.  Looks like the back-room deals, threats and pleas are not working for RINO McCarthy.  According to one poll, McCarthy has less than half of GOP voters in his corner.  There are 20 Representatives who are a firm NO vote, and it looks like there is no path forward with McCarthy, who is now being asked to step aside.  This has not happened in the House since 1859. Continue reading →

Armstrong Says Election Panic Coming in 2022

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ArmstrongGreg Hunter – According to a recent poll, 51% of Americans think Joe Biden cheated to get into the White House.  The breakdown is 74% Republicans and an astounding 30% Democrats think cheating played at least a part of the 2020 Election outcome.  In Arizona, the 2020 Election ballots are finally being audited as court battles to stop it continue.

Legendary financial and geopolitical cycle analyst Martin Armstrong is predicting an election “panic in 2022.”  Armstrong explains, “It means extremely high volatility.  Despite whatever they want to say, there is a large proportion of the population that do not believe the election.

Polls are saying it’s at 51%, but it’s probably close to 60% or 70%.  You are also seeing that 60% of Americans want a third party, and you are talking about Democrats and Republicans. . . . I think because we have such a high number of people who do not trust the election results, I don’t think they are going to be able to get away with rigging the elections again.  It’s going to turn into violence.  There is no question about that.” Continue reading →

2019: Fragmented, Unevenly Distributed, Asymmetric, Opaque

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inflationCharles Hugh Smith – Here are the key dynamics of 2019: fragmented, unevenly distributed, asymmetric, opaque. Want to know what’s happening with inflation, deflation, recession, populism, etc.?

It depends on what you own, when you own it, where you own it and its relative scarcity and stability–assuming you have trustworthy information on its scarcity and stability.

By ownership I mean all forms of capital: cash, tools, skills, social capital, trust in institutions, etc. Whatever forms of capital you own, the returns on that capital and its relative stability depend on the specifics of context and timing.

Will there be deflation or inflation? The right question is: Will there be deflation or inflation in my household?. In a rapidly fragmenting economy and society characterized by opacity, asymmetric information and unevenly distributed results, generalizations are intrinsically misleading / false. The only possible answers arise in a carefully limited context: my household, my neighborhood, my industry, my company, etc. Continue reading →

Federal Reserve & Clintons Doomed [Video w/ partial transcript]

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highGreg Hunter – Internet data mining expert Clif High predicted that “Trump would win” the election and that Hillary Clinton would go “missing” after the election. Sure enough, Hillary was missing the night of her defeat.  What does that mean?

High thinks, “That there was a breakdown among a very delicate relationship among a lot of powerful parties that failed to deliver as promised.  The plan didn’t work.  So, now there is no real plan “B.”  There never could be under the circumstances.

We are in a situation where there can’t be a plan “B” for the Federal Reserve, for example.  They (FED) have to go on a certain path, they’re doomed.  That is true of the criminal organization we call CGI (Clinton Global Initiative).  Any criminal gang, no matter where it is in the social order, progresses along a certain path, runs into opposition and dies.  It always happens, and it always will.”

http://youtu.be/VoBRckWwN4g

So, does Clif High think Hillary Clinton is in jeopardy? High answers, “I certainly do.”  High’s data mining also shows that “Clinton minions are worried . . .  all I get in the data is all these people have fear and worry.”

Continue reading →

The Top 1/10th Of 1% Loves A Guaranteed Minimum Income: With One Caveat

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“Why wouldn’t the top 1/10th of 1% love a central bank-funded guaranteed minimum income?” – C H Smith

CharlesHughSmithIt is widely assumed that the super-wealthy top 1/10th of 1% are against a guaranteed minimum income (GMI) (also known as guaranteed basic income or basic income guarantee) because this would somehow limit their wealth and power.

On the contrary–the top 1/10th of 1% are fine with a guaranteed minimum income for households, with one tiny caveat: as long as they don’t have to pay for it. But wait, you say: that’s the entire idea: tax the rich and redistribute the money to those below.

Ah, but you’re forgetting the magical power of central banks and treasuries of the world to create money out of thin air. As the top 1/10th of 1% understand, the GMI could be paid with freshly issued money–a method of funding that leaves the top 1/10th of 1% untouched beyond the taxes they already pay (substantial in many cases).

But wait, you say: printing and distributing helicopter money is highly inflationary. (Helicopter money refers to former Fed chairman Ben Bernanke’s famous claim that deflation could be reversed by dropping money from helicopters.)

Not only is printing money inflationary, it soon burdens the nation with crushing debts. So goes the conventional line of thinking: printing money is inflationary and borrowing money by selling bonds leads to crushing interest payments on the ever-rising debt.

But what if the conventional thinking is wrong? Consider the following thought experiment: Continue reading →