The Great Inflation Scam
The US government has told the American people that we don’t need to worry about inflation getting out of control. Despite recent high inflation numbers, Fed and Treasury officials have stated that they believe the uptick number is related to the Covid-19 virus, and they will decline once the supply change fully comes back on line.
They said the current inflation is “transitory,” meaning prices will plunge once things return to normal. There are several reasons that conflict with this transitory argument. The nation’s money supply has been increasing by a massive amount. Of all the currency in circulation, 40% was printed in the last year.
Employers are at a huge disadvantage when it comes to wage growth. Baby boomers are retiring in droves, and they are not being replaced by enough Generation Z workers entering the workforce. As the US population ages and an increasing proportion of the workforce retires, companies are likely going to be hard-pressed to find new workers. According to Oxford Economics, an estimated two million workers have retired since the beginning of the pandemic, representing a retirement rate that is roughly double that of 2019.
There are several economists who believe we are not going to see higher inflation because the Fed has isolated all the new money that was recently printed, and they point to the decrease in the velocity of money. Some of these economists warn that we actually face the danger of deflation where the price of things will decline.
The monetary system is very complex, and it’s hard to understand what all these big numbers mean. Because they have a direct impact on all Americans, it is important to have a basic understanding of macro-economics. I watched a video by John Titus, and I think he cut right to the heart of the financial matter by describing what the Fed is actually doing.
The Fed’s current balance sheet is at $8.5 trillion; in 2008, it was only at $900 billion. At the current rate, it buys about $140 billion in bonds each month. The Fed has several other programs that purchase trillions of dollars in other securities.
We are told not to worry about the Fed’s massive purchases of the national debt because when things calm down, the Fed is going to sell all these assets. It is pure insanity to think that the Feb can just go to the market and put $8 trillion of bonds up for sale and expect a buyer to emerge.
Anyone who holds US government debt, in my view, is a sucker for heavy losses. The current inflation rate is about 6 percent. The best rate you can get is the 30-year bond, which pays 1.96%. Anyone holding these bonds is losing 4 percent each year or their purchasing power.
Fund managers turn to US debt because they see it as a financial safe haven. Because the government can never go into bankruptcy, people see the bonds as a secure location for funds. The problem with the dollar is that it is managed by an organization that has the ability to print an unlimited amount of money. If it wanted to create a quadrillion dollars in currency, it could be easily done with the pressing of a keyboard.
For a long time, it was not possible for the Feb to inject money directly into the general economy. Only a select number of banks had accounts with the Fed. These member banks could not transfer reserve assets to non-member banks.
The Fed has been very inventive in the last few years, and it found a way to give money to non-member financial organizations. If a trust fund has $10 billion in bonds that it wants to sell, the Fed will create an account at one of its member banks for that same amount. The Fed will credit the bank $10 billion, which allows it to buy the $10 billion in bonds.
One indication that money is leaking into the general economy is the fact that we have 5 companies with a market cap of over a trillion dollars. There is clearly something wrong with our financial system when you have Tesla reach a level where is it is more valuable than all other auto companies on planet Earth.
This is a very dangerous and shocking change in the operation of our central bank. When a nation reaches the stage where it is printing money and pumping it directly into the economy, financial disaster is always the outcome. I advise all readers to take out any money you may have in bonds or a money market fund. I’m obviously not a financial advisor, but I think a precious metals fund would be a far better investment.
I’m not all that fearful of hyper-inflation because I think the rapture will occur before things get out of control. The economy has remained strangely stable for about 20 years, which is a record that defies 3,000 years of financial history. Time and time again, Bible prophecy is the only explanation I can come up with for this think-not mentality.
“Therefore be ye ready: for in such an hour that you think not the Son of man cometh” (Mat. 24:44).
It takes neither a scholar in Bible prophecy nor a scholar of Middle Eastern history to understand that dynamics in the region are building toward war. Those who would be governors of world geopolitics, such as the elite of the U.N., fear the region to be the ignition point for a future conflict that will explode into full-blown nuclear conflagration.
We know from god’s prophetic Word that Israel is destined both to suffer a time of great trouble and, ultimately, a thousand years of glory as the head of all nations. This turmoil and eventual emergence into great victory involves threats and pressures from surrounding nations which hate that Jewish state.
While Bible prophecy outlines and even details to some extent how all of this eventuates, the moment-by-moment, day-by-day developments are not always clear in regard to how all will unfold. Those pressures mentioned take the form of many points of shaping and influencing God’s chosen as the nation interacts among nation states of the region and the world.
I’m of the opinion that one such point of pressure is being used at present by the old serpent –Satan. –Thus to cause God’s chosen people to be seen as prototype for how he intends to manipulate and control the world’s population when allowed to foment his final moments of evil.
We have looked a number of times in these commentaries at how the COVID-19, so-called pandemic, has been wielded as a powerful tool with which to bludgeon the entire populations of the planet into submission. To any observer of Bible prophecy from the preTrib view, this, I’m convinced, globalist-generated biological weapon, was planned and is being used to establish a world-wide mindset of being willing to submit to authoritarian rule.
In this sense, Israel is, I believe, being somehow prepped to serve Satan’s purpose for the coming Tribulation holocaust.
We see story after story of COVID-19 used to lock down cities, and now entire nations. Australia, for example, has become almost again the prison colony it once was. The rulers in some parts –South Wales, for example—have become despotic in their evil demands. First they seized all private weapons they could force the Aussies to give up, and now they go house to house to demand vaccine proof. Those not compliant, go to something called “wellness camps” or some such designation.
But, regardless from where the stories of lockdowns, etc., come, it is more and more the tiny Jewish state that is being put in the world spotlight –all with the willing complicity of Israel’s own, growingly despotic leadership. The nation leads the world in people vaccinated to protect against COVID apparently, yet incongruent facts have emerged. The following report/analysis frames developments.
Just a few months ago, the mainstream media praised Israel for its “pandemic-ending” vaccination campaign. With over 40 percent of the population “fully vaccinated” in the first quarter of 2021, Israel was well on its way to stopping community spread and clearing out its hospitals.
The nation of Israel imposed some of the strictest lockdowns during that time, violating the Nuremberg Code and segregating the unvaccinated from public life. Israel bought up the Pfizer/BioNTech mRNA covid vaccine and began issuing mandatory Green Pass “vaccine passports” as a requirement for citizens to enter public spaces. By August, Israel had intimidated and coerced its population into having one of the highest vaccination rates in the world, with 78 percent of people 12 years of age and older classified as “fully vaccinated.”
The world was reassured that this rate of vaccination was more than enough to ensure individual and “herd immunity.” However, infection rates have skyrocketed across the country since then, and Israel is now logging the world’s highest infection rates, with nearly 650 new cases daily per million people. At times, hospitalizations for the “fully vaccinated” have reached upwards of 95 percent.
***[Ang, Source: Israel now has more covid infections per capita than any country in the world, even as “booster shots” are being widely administered there by Lance D Johnson, CitizenFreePress, Thursday, September 02, 2021]***
The nation is now again under draconian lock-down.
A friend emailed me this week and posed a fascinating question. He pondered whether Israel is in probably the most dictatorial-type lockdown of any nation on earth, keeping its citizens from leaving en masse for some Divine purpose.
Perhaps, he conjectured, it is because some action by the Lord or by some evil entity is pending. The severe sequestration keeping Israeli citizens more or less in lockdown is maybe, to protect or benefit them in some way from imminent something or the other.
We know the following is always true, no matter what the facts are surrounding that which seems to be prepping Israel for what is to come.
“Behold, he that keepeth Israel shall neither slumber nor sleep.” (Psalm 121: 4)