Theme:
Going Direct: The Global Reset:
- Refresh: Going Direct Time Line
- Update with John Titus
- BIS announces Strategic Partnership with Fed (New York) and Innovation Hubs with Bank of Canada (Toronto), Bank of England (London), ECB (Frankfurt & Paris) and Danmarks Nationalbank, Central Bank of Iceland, Central Bank of Norway abd Sveriges Riksbank (Stockholm). Already has hubs with Hong Kong Monetary Authority (Hong Kong), Monetary Authority of Singapore (Singapore) and Swiss National Bank (Switzerland). The BIS innovation hubs
- The Seven “Musts” of a Global Currency System
- Fed Buys 100 Bonds
- Skidmore Report – an Update
- Powell tells House Financial regarding plans with Mnuchin for Department of Reconciliation – but nothing on $65,000 per person missing
- Solari mapping of Minneapolis Looting: Click Here
- Wall Street on Parade: Citibank 2700 basis point arbitrage
The BIS Innovation Hub was established in 2019 to identify and develop in-depth insights into critical trends in financial technology of relevance to central banks, to explore the development of public goods to enhance the functioning of the global financial system, and to serve as a focal point for a network of central bank experts on innovation. Among the projects currently under way are explorations into the development of regulatory and supervisory technological practices, the global payment stack, tokenisation, digitalisation of the trade process and monitoring of fast-paced markets. The BIS’s Annual Economic Report 2020 contains a special chapter on central banks and payments in the digital era.
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On a prior report you talked about trying to match Treasury Maturities/New Issues. I thought it would be straight forward – and tried this in the 1980s and could not get the information to foot properly – tried for weeks with lots of data. Thought it was me – that I just had an undergrad Econ Degree. I think this has been an issue for a while!
Yes, I am sure it has been.
“At Last! A Movement Has Been Launched to Stop Mandatory Vaccines” https://needtoknow.news/2020/07/at-last-a-movement-has-been-launched-to-stop-mandatory-vaccines/?utm_source=rss&utm_medium=rss&utm_campaign=at-last-a-movement-has-been-launched-to-stop-mandatory-vaccines Worth the 17 minute video – Taking Action and start building OUR army!
Update on her website 7/7/20 is https://drpampopper.com/contact/ Contact: pampopper@msn.com 614 841-7700
Movement has been ongoing across the country through CHD – that I why we are promoting them as as part of the Take Action Crowdfund. I say the more the merrier BUT dangerous if you involve lawyers who do not know what they are doing. Can make it worse. But the more individuals who go into court to stop this and lobby aggressively, the better.
Couldn’t find a comment section for Food for the Soul, so I’ll ask a question to Nina Heyn here. Nina, have you ever been to the Miho Museum in Shiga prefecture, Japan? It’s tucked away in the rural mountains, a true gem that was designed by I.M. Pei. Also, I’m a member of the Bower’s Museum in Santa Ana, so if you ever want to go there let me know and I’ll get you in for free. Great work on Food for the Soul! Thank you.
Every Food for the Soul column has an announcement on the home page where you can leave a comment! Meantime, I will send to Nina
Many thanks for your kind comment and thank you for telling me about Miho. Unfortunately I only got as far as museums in Tokyo but there are indeed some incredible smaller museums in Japan. I have not been to Bowers in a good few years but as soon as it reopens, I will try to visit and reach out to you.
Dear Nina,
I have only been to the bigger museums such as the Mori Museum and it’s offshoot, the digital museum. At the Mori Museum I saw the Hokusai Exhibition. It was a monumental tribute to this amazing artist.
I would love to visit some of the smaller art galleries and museums in Tokyo. Can you kindly recommend some? I hope to be back in Japan next spring.
Last year The Met held one of the most exciting exhibition “The Tale of Genji”. It was three months long and I went back 3 times because there was so much to see and they had various speakers and performances. This is what I miss so much during this imposed fascist lockdown.
I join you in this mourning for a museum experience – anytime, anywhere. I have not been to Japan in a good few years, so I cannot really recommend anything specific but Japan tends to get great traveling exhibitions from all continents- even more so after the lockdown because some museums have sent their collections on the road. Next spring, hopefully, you will have an abundance of choices in Tokyo.
Were you talking about the Amazing Polly video, “Is This Torture”? I scoured around the site and could not find the way to the link. I think many here would enjoy it like you said but I could not find where you linked it. I go there regularly and I was only thinking about those who don’t view her regularly. She’s pretty slick
Did not link. The fundamental message was the opposite of what is going on so I found it misleading. The chart of coercion was useful so I posted that.
Uff, 2 1/2 hours. Things are bad….
Catherine, Gen. Spalding had another interesting interview recently:
https://m.youtube.com/watch?v=qZrLoyUDjIc&t=1967s
In it, he mentioned that the US telecoms are too indebted or unwilling to undertake significant investment in 5G infrastructure. To push it through, you would need a modern day Eisenhower Interstate Highways Act public works project to put the necessary infrastructure in place.
Also noted that you discussed the Going Direct and Global Reset, which hinges on this IoT infrastructure being in place.
Are you seeing any large sums being allocated to AT&T or Verizon or any other entities in the telecom sector which would hint at such a project taking place?
Europe esp. Ericsson /Sweden/ and Nokia /Finland/ would be key allies on such a project as they are the alternatives to Huawei. Could that explain some of fed money going to European companies?
Fed is buying their bonds. This is a very good point> I wonder if the bond program is organized to fund the infrastructure. Intriguing. I am going to think about this.
The data transmission infrastructure is decentralized but the data processing should be centralized for the IoT. So a govt. investment makes sense for the hardware. Otherwise it’s difficult to get an ROI on the project, like with a public highway.
It’s replicating the China state capitalist model for the 5G rollout. Subsidize the build out and create national champions. Let the private cos work in the commercial sphere and the govt can have close cooperation on national security issues. As long as it’s aggregated, the data can be used in many ways depending on the purpose.
Besides the telecoms Walmart and Costco should be big winners here. They have the store infrastructure and logistics already, just need to be plugged in. Then you can have virtual fed bucks credit at the store for all your UBI shopping needs. Noted that both are essential businesses allowed to stay open.
Despite the new cold War narrative that is being pushed around, we are seeing a great convergence in governance and social models between the East and West. Some examples: Fake meat is making a big rollout in China, in partnership with US companies, to great /media/ fanfare. I believe they are prototyping certain projects in China before making a wider rollout, to get the kinks out of the system.
The self driving car is another example of close cooperation. Tesla is the market leader and they finished their mega factory in Shanghai last year, no doubt to work on the self driving car in partnership with China since their infrastructure is already built out and is the perfect place to prototype it. Also less worry about lawsuits.
A soft social credit is being rolled out based on someone’s virus risk profile and their vaccination compliance. They will even use the same color scheme.
When the local data collection can be centralized, the usefulness of local govts decreases because previously they provided the on the ground info. Now you can centralize it and cut them out of the equation as you mentioned in your discussion with John Titus. Defund the local police and centralize it on a federal level so that local decision makers have no ability to refuse compliance for top down rules. Digitize and centralize the money and you have a very strong Central govt.
A firewall will need to be implemented to keep that data safe and organized, so we will have our own version of China’s “Great Firewall.” What shall we call it? Fortress America has a nice ring.
A more aggressive move on social media and independent media to assure national security and a single state sanctioned narrative in the public sphere.
It’s really amazing. I’m not sure if in the end it will really matter whether you wake up in San Francisco or Shanghai. We won’t be able to tell the difference.
Agree with everything you say in terms of trend and direction, although the differences in style will continue for some time. MacDonalds is very different in Vienna than Bolivar Tennessee. Lets see if the hunger for freedom can make a difference.
Let’s See
1) Mandatory Masks
2) I cannot go anywhere or do anything without one.
Hmmm..
There Must be another stimulus bill in the works.
Per John Titus videos, we’re looking at 18 months of “waves” and 4-6 stimulus bills to bailout the entire financial system and paper over obligation. The funny thing is when you use tax payer money and give it to the people for “relief” it immediately is spent on debt obligation. So this is a bottom up and top down bailout for the banks/corps.
I’m not on Twitter, but I saw your tweet about new accusations regarding the relationship between Les Wexner and Epstein. I have to say, in the context of mind control, spending resources on deconstructivist postmodern architecture makes sense to me for the first time.
The Wexner Center for the Arts: https://www.youtube.com/watch?v=T-dw-hWAH9M
Strongly recommend Farrell’s book on this topic https://home.solari.com/the-cosmic-implications-of-mind-control-with-dr-joseph-farrell/
I’ve read a sobering analysis that intentionally closing down Bars/Social Gatherins/Events/Concerts/Travel is solely to funnel $ from outings to consuming material items and electronic devices. Millennials we’re spending way to much dough on experiences.
It’s tempting since after rent,food, & liquor what else do you spend your rapidly depreciating fiat currency on?
Looks like we’ve entered the stage of “hold them down(lockdown) and empty their pockets”
Can you post the link if it is available? Would love to read. I think that is one of the reasons but far from the only one. This is about control so you want to shut down as much human connection and communication as possible. Then you want to do it in a way that makes you money. So the FANG angle is real but secondary. This is livestock management and the goal is not to make money – the goal is to build a control grid – so have to get the hardware in place and that is what this push is first and foremost about.
Im trying to find it, it has been a bit.
I defiantly agree with your point on control grid/surveillance/livestock management being the Main & Ultimate goal.
But after accomplishing that it went into detail about converting the “herd” into nothing more than consumers and debt serfs.
Which was the case 6 months ago, but materialism was on the way out, now it’s back. If you can’t travel, go to the bars, out to eat. You watch streaming services or play Microsoft games at least that’s the case in my apartment where everyone door I walk by the Netflix/Xbox is humming and theirs an amazon package at the door.It also talked about While switching us towards a Chinese style command economy(mandatory vaccine/medicine).
The ways the tech billionaires benefited directly from this ordeal.
Ill find it.
Last number I saw was US billionaires up 20% + – over $500 billion.
Look who attended this party in February at Bezos house.
FEB 14th 2020, before the lockdown.
“Powell knew that other tech and Wall Street billionaires were likely to be at that party, as well as members of the Trump crowd. Among the party attendees were: Jared Kushner and Ivanka Trump; Trump adviser Kellyanne Conway; Chairman and CEO of JPMorgan and billionaire, Jamie Dimon; Goldman Sachs partner and member of its management committee, Dina Powell, who served as the U.S. Deputy National Security Advisor for Strategy in the Trump administration. Ms. Powell attended with her husband, David McCormick, co-CEO of hedge fund Bridgewater Associates, one of the largest hedge funds in the world. Billionaire Bill Gates, co-founder of Microsoft, was also in attendance.”
https://wallstreetonparade.com/2020/02/fed-chair-powell-is-a-member-of-a-private-club-with-a-history-of-racism-and-sexism/
The Shut down Was/Is a monopolist deflationary bust. Then you use Blackrocks “sustainable funds(big tech)”/Treasury/FED(Which all 3 have merged i believe) to funnel unlimited liquidity/cash/pension/retirement into Big Tech stocks as they swallow everything whole.
Going out on a limb below
Bezos/Elon Musk then liquidate their stock at astronomical valuations to build out private space companies/colonies and Elysium(Breakaway civilization)
https://www.express.co.uk/news/science/1126845/jeff-bezos-space-blue-origin-exploration-oneill-cylinder-space-colonisation
Or to shelter their capital gains in an opportunity zones in Minneapolis and other Fed location with violent looting…check this out. Would not surprise me if the $4 Billion Bezos pulled out at the top was going much closer to home – per the request of the CIA et all who are generating a lot of that stock value wiet htheir cloud contract – Check this out
https://golocal.solari.com/draft-copy-mapping-minnesota-riot-damage-opportunity-zones-and-fed-banks-a-work-in-progress/
Opportunity Zones Defiantly make sense, that is super interesting.
Lock in the fiat into real assets, a lot of which is situated in big cities.
Looks like Agenda 2030 is a ploy to keep people passive by being a decade off. Agenda (20)21 is the real goal.
It is not just reinvesting fiat. It is building out the smart grid you need for the “going direct” plan to work. Opportunity zones take it the Last mile. Toxxines take it the last inch.
Much bigger. A permanent reenginering of profound consequences is underway.
Dear Catherine,
OK after some deliberation, here’s my 1-2 punch on replacing the word “vaccine” with more accurate words that better describe poisonous injectables:
1. “Infantacine”—Specifically used to describe childhood vaccines designed to inflict long-term damage to children and reduce populations. Particularly appropriate when used for mass inoculations targeting third world countries where the Bill and Melinda Gates of Hell Foundation implements mass injectable programs designed to wipe out large chunks of the infant population quickly under the cover of “humanitarian” motives.
2. “Toxine”—Universal term to cover any and all types of vaccines containing the likes of aborted human fetal tissue, nanoparticles, heavy metals, GMO’s, RNA, etc. “Toxine” works for me as a replacement for “vaccine” because it says what it is in a simple, direct way. Imagine a conversation with the average, entrained vaccine believer:
Vaccine believer: “So glad that new corona virus vaccine is coming so we can put an end to this pandemic, once and for all.”
Not buyin’ it guy: “I won’t be taking the corona virus toxine.”
Vaccine believer: “The what?”
Not buyin’ it guy: “The toxine. I won’t be taking it.”
Vaccine believer: “But why would you not take a vaccine designed to help you?”
Not buyin’ it guy: “Exactly—I would take a vaccine designed to help me.”
Vaccine believer: “And your point is????”
Not buyin’ it guy: “I don’t take toxines.”
Time to roll out a new word for vaccines, Catherine, and I think “toxines” might just do the trick. Feel free to spread far and wide, it’s my small contribution to saving humanity. Time’s a wastin’!
Catchy term, toxine. May I suggest an added x.
Toxxine
Needs 2 X’s 2 X’s means double cross, just look at the British Flag, been double crossing for hundreds of years.
I like toxxine, better than my baalvax
VERY GOOD!
HOPE PORN –
Listened to a podcast that started off pretty normally … then they spun the tale that Trump is in total world-wide control, the bad guys are under house arrest (or even dead) and that we will ALL live happily ever after. Even that JFK Jr will appear this July 4th and team up with his good buddy President Trump.
Interesting little journey … like a little bit of Happily Ever After Hopium.
On another note – the Second Wave Lock Down just started. I am surprised that a) So many people are buying into it and b) That so many people are becoming vocally opposed to it. The lie isn’t holding with a LOT of people!
I DO think that the next four months are going to be VERY challenging, divisive and dangerous.
Rebel Commander 🙂
Just watched a Nurse describe the fact that helicopters are flying positive Covid 19 patients from Mexico to her hospital in Riverside County. I sent in for posting and it is in my twitter feed.
Hi Catherine,
A while back you seemed to indicate that paying off a mortgage is good in a sense, but you cannot take your eye off of the insurance side of it. My understanding of what you meant was that having some mortgage debt may protect you if you have an insurance claim as the bank will now be on the hook along with the owner. Can you elaborate a bit on this? I have always been of the mindset to eliminate any form of usury payment to these banks. But now you have me thinking differently. Thoughts?
Depends on the unique situation. I have always kept a mortgage on my house in Hickory Valley to make it less attractive to the networks to destroy it. The banks/lenders on my properties are very solid so I have no objection to having them in. My situation is different than yours. One thing you want to make sure does not happen is you pay off the debt, the insurance gets pulled and then you get hit. One of the ways that I protected against that was to buy the smallest house bearable in a place that would not be considered desirable for decades, although I underestimated the speed of the interest by our local “Beck Brothers.” The way to think about is not asset by asset. The way to think about it is a full net worth risk management. How can make money taking what you have and how do you manage that risk. Have to look system wide. Who and where is your army?
Dear Catherine
I am intrigued by your reply. Does this mean that you are using a mortgage as a kind of poison pill? If so, that sounds like a clever manoeuvre.
On the other hand I have read of many people who had mortgages and lost their homes to fraudulent foreclosures even though they weren’t in arrears and in the end it cost those people a small fortune and years of their time to sort it out. Then there were those who lost their homes to mortgage fraud. Here I think of your interviews with Marie McDonnell. I imagine such incidents could not have happened if they had not had a mortgage.
To mortgage or not to mortgage; that is the question. So it seems like a case of damned if you do and damned if you don’t.
Each case is different and I suppose there is no one single good solution, but you have made me aware of the fact that there are many things to think about and many options to consider.
What do you think about buying or transferring the ownership of a house in the name of a company? I know this costs more in terms of legal fees and filing annual statement but wouldn’t such a move, properly structured, help to avoid this and also protect your other personal assets by putting a degree of separation between you and the house?
Am I correct in assuming that if the company were to rent the house to you then if the bank foreclosed they couldn’t evict you as long as you pay your rent on time?
I think about a friend of mine who lived in a particularly corrupt town in Germany. The local government officials in cahoots with the local utility company went from one chicanery to the next. They said his solid oak wooden staircase had, after 100 years, suddenly become a fire hazard and had to be replaced. They said his chimney was too old and had to be replaced. They then wanted the whole house to be rewired. They found one thing after another. The police said there was nothing they could do about the known graffiti ‘artists’ who frequently defaced his house.
Then someone let it slip that they were going to put his house under historic preservation which meant he would have to make scores of unnecessary and expensive repairs and changes which could only be done through expensive firms and workers authorised by the authorities. This would cost him several times more than the house was worth. Luckily he was able to sell his house and move out of that town, but it could have ended very badly for him with him being stuck with a pile of debt and an unsellable house.
If the worst case scenario had happened but his house had been in the name of a limited liability company I suspect he wouldn’t have been completely ruined because the company owing the house could go into bankruptcy while his other assets would be protected, or am I wrong about this?
I can not generalize. If you have a posse on your tail in theory they can bust through anything, not to say that setting up fire walls can not slow them down. Situations get very particular real fast when you are in a war, so I just can not give you a conceptual answer.
Catherine,
I know you have a demographic to cater to but please try to steer your subscribers more towards
John tutus
wall street on parade
f william engdahl
michael hudson…etc.
Lets have our feet on the ground and dip or toes into the fringes, rather than having one foot in each puddle
More Kleptocratic Factions and Private Billionaires rather than aliens and cabals.
The most important unanswered question is who is really in control. For many many many years the independent financial media has refused to integrate that into their analysis. I did integrate it – which was why I was right about the Slow Burn, why I was right about the dollar not crashing and why I was right about the stock market doing well. Not only was I repeatedly right, but I was able to stick to an independent path despite the pressure and pushback. Denial is not having your feet on the ground. I was trained at the very top of the food chain. I was not important – but I got years of viewing the world from the point of view of the guys at the top. It is a very different view. I am not going to change that. Not now, not ever.
I am ONLY interested in an integrated analysis and integrated risk management. Not operating within official reality lines. I need to always think practically about how the secret money and operations are influencing the management of the economy and your financial planning and investment strategy.
If you read The Injection Fraud, you will understand the practical issues. My clients were seriously harmed financially by health care corruption. There were no amount of investment strategies that could offset that damage. And yet if you look at the aggressive and intentional push to pump heavy metals and mysterious ingredients into children, and how that relates to transhumanism, it leads back to questions about the governance system. Why is this being done?
So, no, if the reason I have been right so often about the direction of the financial markets is because I have a serious eye on the covert drivers and money flows, I am not going to give that up.
My mission is to do both overt and covert and find a way to help our subscribers integrate them in practical ways.
I would also note I don’t cater to demographics. I don’t think that way. This is not a business and it is not a machine – It is a for-profit intelligence network. It is living. We are for profit because that is what is required to exist. We pay our expenses. But I am here to help people live a free and inspired life. Really. I do it because it is a way for me interact with people with integrity. I want to be free and the only way I can be free is if we are all free. So I turtle daily seeking such a path.
I invited John Titus to join me because he adds significant time and brainpower in understanding what the Fed is up to – a very critical piece at the heart of the intersection between covert and overt. Glad you like him. As we have more resources we will add more on both sides.
Our content is a buffet – feel free to take what you find useful and ignore the rest. The buffet is designed opportunistically by my vision of what will help subscribers truly live their free and inspired lives and the resources available. Performance in our daily lives is all.
My take away on this dialogue is I need to do a Solari Report on Transhumanism.
Ha! “Steer your subscribers.” I think many of your subscribers are subscribing because they chose to break out of the herd being steered by the “fill in the blank”.
Thank you for not steering. I am free to read many people’s work but have found your work most helpful.
When I was young I would observe cattle on the ranch. The smart ones always found a way out of the fenced in pasture and to greener grass. That’s where I want to be. Free to roam as I please in the greener fields.
Dearest Catherine,
I thank God every day that you were imbued with moral principles and integrity!
If you had not been, as one of the smartest people to ever have had a seat on Wall Street, today you would be one of the .001% billionaires calling the shots and running this mad money machine…THEN WE WOULD REALLY BE IN TROUBLE.
I am so glad you are on our side.
If they had not kicked me out of the establishment, I think I would be dead. I would have been eating GMOS and going to doctors who would recommend drugs and surgery. I get a kick out of creating wealth. Taking control of more wealth in a way that shrinks wealth always struck me as pointless. Just the way I am. If you are not in alignment with the divine, you lose your power to invent.
Love it! “If you are not in alignment with the divine, you lose your power to invent.”
Great response Catherine.
Who is running the planet anyway? Off planet isn’t so far fetched … in fact, it makes a lot of sense when we park our Earth-bound egos at the door.
The move to become a multiplanetary civilization explains a lot. Hope to have the State of our Currency final to you soon. Will help with the overall framework.
Maybe it is not our egos persé that is the problem. Keeping the ego at three years or less might be. I see alot of adults whom have very young but far brighter kids running around them.
@Aaron Marshall
Unbelievable arrogance! You know what’s best? I’m here for what Catherine provides. If you find it unsuitable, you are free to unsubscribe.
My, but you have been busy lately, Catherine. Anyway, I credit your September surprise prediction (to Greg Hunter), which will certainly shut down the already almost stillborn NFL season, but I do not think Star Link will be too much of a factor in delivering 5G to our bodies electric by then. The Jovian Musk plan is to put 12,000 of the satellites into space and they now have ~422 of them up there. Supposedly, they are not yet activated. The best they could do is beta-test their system over selected great-circle geography by September.
If I had to guess, based on the doubly renewed chemical spraying overhead, we will receive aerosols in sufficient quantities, particularly throughout urban areas to sicken us. I imagine a lot of the Wuhan research is intended to fabricate virus-containing droplets that survive their slow descent to earth with their tiny, weaponized cargo intact. Since we do not acknowledge chemtrails as a reality, we will have no choice but to blame our filthy neighbors for our infections, spurring intra-racial conflict in addition to the more familiar race-baiting approach now fully underway.
Yes, September does seem a bit early for Star link – but is it too early for a lot of the 5G systems that have been installed across the country?
I am getting reports from many locales that there are less and no spraying of late. So interested to hear that you are getting heavily renewed. Yes, this could all be chemical or bio poisoning from spraying. Actually, we do acknowledge chemtrails as a reality. The government has lost relevance as part of tracking reality. It is merely an expense.
This is more than possible:
“If I had to guess, based on the doubly renewed chemical spraying overhead, we will receive aerosols in sufficient quantities, particularly throughout urban areas to sicken us. I imagine a lot of the Wuhan research is intended to fabricate virus-containing droplets that survive their slow descent to earth with their tiny, weaponized cargo intact. Since we do not acknowledge chemtrails as a reality, we will have no choice but to blame our filthy neighbors for our infections, spurring intra-racial conflict in addition to the more familiar race-baiting approach now fully underway.”
🙂
From what I can tell, there are not that many 5G antennas up so far, at least around here. They have come and installed the cable and fiber optics, but if you have 5G, it’s from your wireless router. I actually think the direction will tend towards a lot of antennas in urban centers and satellite baths for everywhere else.
When you say that we are aware of chemtrails, you have to think of what a small group that represents. A very large group still believes they are clouds and contrails. A relatively small group simply doesn’t notice them at all. Every time I see photos of people with faces all agrin and chemtrails photo-bombing the background, it makes my skin crawl.
Skin crawl… I have had this same experience so often. It amazes me that so many CAN’T SEE IT or choose not to. Denial?
Catherine
Following your work for years, I admit that I had some difficultly understanding the complexity of the monetary system. With you conversing with Titus makes it much more comprehensible for the amateur! Greatly appreciated.
Good If you map it out like a hydraulic pumping system, it makes more sense.
I would like to view the monetary system as a structured water system, but alas. On the latter, I will soon be making and testing a home-made device that anyone can build to accomplish the same results. Having reviewed the commercially available devices, I find them to be improbably short in length to do anything like V. Schauberger had in mind. Will share when available.
I’d love to see what you come up with.
I have to admit to feeling like a complete dunce. I had to stop the interview with Titus after half an hour because I could not understand most of what they were talking about. I think they are saying that the US Fed. is engineering a takedown of the economy with COVID as a cover, but I did not understand any of the mechanics. Is there a really simple way to explain it for dummies?
There is an island.
On the island you have two businesses and a central bank and a government. One business is run by insiders. One by outsiders.
The people who own the central bank run the government. They are behind the scenes because they want the people to pay taxes to the government so they have to think it is there. You have elections every four years so they have to pick from a group of candidates you approve.
You decide you want to centralize control even further. YOu declare that the outsiders business is non-essential and they have to shut down for an undetermined period of time. Their income falls to 0. But their debt service continues as do some of their expenses. This drains their networth. All the people who worked for them get laid off. You give them a government stipend out of the money that you collect from them in taxes or that you print in the central bank – thus debasing their holdings.
The insider business gets all the business and customers that used to go to the outsiders. Their income goes up a lot. They are richer and more powerful. The government gives them contracts that generates more income and raises their stock price. They sell stock so they can buy up all the land and real estate when the outsiders have to sell to get the money to feed their children and pay their taxes.
The insiders can borrow from the central bank at 0.35%. They agree to loan to the people who have lost their businesses and income at 27.4% – they get even richer.
The people who own the central bank pay people to go into the communities of the outsiders to have protests. They burn down lots of buildings and real estate.
That way when the insiders buy up the real estate with their stock profits, they can buy much more for much less.
The government declares that the insiders are helping to save the neighborhoods, so they declare them free of having to pay taxes on their stock profits.
I could keep going, but is it starting to make sense?
Oh thank you!