The rich are getting richer, the poor are getting poorer, and it’s all thanks to the Federal Reserve. Last week the Fed released a new study that wealth of the top 1% in America hit an all time high of $45 trillion. That's up $15 trillion, or 50% from 2020.
This is all intentional. They are trying to blow the whole thing up. The fiat money system is coming to an end with hyperinflation or "The Great Taking".
They want us to beg for a new system by crashing the old system. The new system of digital currencies, digital ID, digital vaccine passports and social credit scores is coming.
Expect more war and more death being used an excuse to print even more money. All wars are bankers wars.
Civil war is coming to America and will be used as an excuse for more censorship, more power for our "leaders" and troops on the streets. The USA should now be considered a military dictatorship. The Republic died when they shot Kennedy in 1963 and they are not even bothering to hide it anymore.
Great article. I’ve been making similar observations for many years. Sadly, however, all such comments fall on deaf ears and the folks most affected by the Fed’s actions don’t understand what the Fed’s effect is on their day to day lives. Keep up the messaging.
The Fed's original purpose was to even out the economy with various actions as needed in different districts (about 12, I think). After WW1, it started catering more to the entire economy and thus the top 10% became the beneficiaries.
This trend has now continued for the last 100 years as the Fed has pummeled the value of the dollar by about 97% over that time. Sure, inflation affects everyone to a degree, but the richer among us have more dollars to work with.
The silly notion that 2% inflation is not damaging is ridiculous and insulting. Even at that rate, it adds up every decade. We have the insane academics leading the clown show and boy, does it show.
This is all intentional. They are trying to blow the whole thing up. The fiat money system is coming to an end with hyperinflation or "The Great Taking".
They want us to beg for a new system by crashing the old system. The new system of digital currencies, digital ID, digital vaccine passports and social credit scores is coming.
Expect more war and more death being used an excuse to print even more money. All wars are bankers wars.
Civil war is coming to America and will be used as an excuse for more censorship, more power for our "leaders" and troops on the streets. The USA should now be considered a military dictatorship. The Republic died when they shot Kennedy in 1963 and they are not even bothering to hide it anymore.
Great article. I’ve been making similar observations for many years. Sadly, however, all such comments fall on deaf ears and the folks most affected by the Fed’s actions don’t understand what the Fed’s effect is on their day to day lives. Keep up the messaging.
Peters analysis are the best. Simple and straight forward any idiot can understand and grasp the pending collapse. None of this ends well.
This is why Bitcoin.
The Fed's original purpose was to even out the economy with various actions as needed in different districts (about 12, I think). After WW1, it started catering more to the entire economy and thus the top 10% became the beneficiaries.
This trend has now continued for the last 100 years as the Fed has pummeled the value of the dollar by about 97% over that time. Sure, inflation affects everyone to a degree, but the richer among us have more dollars to work with.
The silly notion that 2% inflation is not damaging is ridiculous and insulting. Even at that rate, it adds up every decade. We have the insane academics leading the clown show and boy, does it show.
I just wrote an article touching on some things you've brought up; you guys might want to check it out if interested.
https://open.substack.com/pub/thepanoramapress/p/raise-taxes-or-print-more-money?r=3hyaiy&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true
Great, per usual. But 300,000 not 3,000
Monetary policy is no substitute for fiscal policy.