There is one predominant reality that must be understood before a person can grasp the nature of the Federal Reserve and the decisions it makes, and that reality is this: The Fed’s purpose is not to defend or extend American markets or the dollar; the Fed’s job is ultimately to DESTROY American markets and the dollar. I have been repeating this little fact for years because it seems as though many otherwise intelligent people simply will not accept the truth, which is why they have trouble comprehending the actions that the Fed initiates.
When analysts make the claim that the Fed has positioned itself "between a rock and a hard place" in terms of policy, this is not entirely true. The Fed is exactly where it wants to be in terms of policy; but the central bank has indeed positioned the U.S. ECONOMY between a rock and a hard place, by design.
Globalists see the U.S. dollar and the U.S. economy as expendable (for the most part), and this sacrifice is meant to create distracting chaos as well as geopolitical advantage towards a new fully centralized world economic system. You can read the considerable evidence for this agenda in my article 'The Fall Of America Signals The Rise Of The New World Order'.
If you believe the Fed is the sole purveyor of the global economic crisis and is at the top of the internationalist pyramid, then you probably predicted that the privately controlled central bank would “never in a million years” raise interest rates (many prominent people within the alternative economic scene did). If you believe that the Fed’s primary goal is to prolong the life span of the “American empire,” again, you probably predicted that the Fed would never raise interest rates. There is a serious normalcy bias when it comes to parts of the alternative economic world and their position on the Federal Reserve. They refuse to acknowledge that the Fed is a deliberately preset time bomb meant to vaporize the U.S. economic system and currency. And as long as this continues, they will never be able to determine what is likely to happen next within our fiscal structure.
There is no way around it: If you cannot grasp the root motivations of the Fed, then you will become cognitively crippled in your struggle to see the next pitfall in the near-term economic future.
In August, I made this prediction concerning the Fed rate hike decision:
"The Federal Reserve push for a rate hike will likely be determined before 2015 is over. Talk of a September increase in interest rates may be a ploy, and a last-minute decision to delay could be on the table. This tactic of edge-of-the-seat meetings and surprise delays was used during the QE taper scenario, which threw a lot of analysts off their guard and caused many to believe that a taper would never happen. Well, it did happen, just as a rate hike will happen, only slightly later than mainstream analysts expect.
If a delay occurs, it will be short-lived, triggering a dead cat bounce in stocks, with rates increasing by December as dismal retail sales become undeniable leading into the Christmas season."
I made the prediction (as well as my prediction on the taper in 2013) on the foundation that the Fed is only an appendage of a greater elitist banking machine. The Fed as an institutional idea is not sacrosanct for the elites, and is at the very least replaceable. The dollar is slated for demolition. And though it may continue on for a time in a more marginalized capacity, the “Fed note” as we know it today will soon be crushed under the weight of what the International Monetary Fund calls the “global economic reset.” In other words, every part of my prediction turned out correct because I accepted the reality that the Fed will invariably take the most destructive policy actions at the worst possible time with the purpose of crisis in mind.
Central bankers also have a tendency to follow patterns. They rarely change strategies on a whim. Most of the decisions we see made by the Fed, the European Central Bank, the Bank of Japan, etc. were likely made months, if not years, in advance and follow the same strategies used during previous crises.
For example, the Fed process of raising interest rates this December followed almost exactly the process they used to introduce the taper of QE3 in 2013: a buildup of rhetoric in mainstream news during the first half of the year and then a fake-out in September, followed by months of uncertainty in markets and then quick passage of the policy in December. The Fed also has a habit of raising interest rates at the onset of economic instability or right in the middle of a downturn, as it did in 1928-1929, triggering the Great Depression, and in 1931, adding fuel to the fire of financial catastrophe. These particular catalyzing policy actions are partly what Ben Bernanke was referring to on Nov. 8, 2002, in a speech given at “A Conference to Honor Milton Friedman … On the Occasion of His 90th Birthday”:
"In short, according to Friedman and Schwartz, because of institutional changes and misguided doctrines, the banking panics of the Great Contraction were much more severe and widespread than would have normally occurred during a downturn.
Let me end my talk by abusing slightly my status as an official representative of the Federal Reserve. I would like to say to Milton and Anna: Regarding the Great Depression. You’re right, we did it. We’re very sorry. But thanks to you, we won’t do it again."
Based on this pattern of policy actions leading to fiscal disaster, I believe alternative analysts can predict with some certainty what is likely to happen now that the Fed has raised rates in the middle of the most pervasive economic contraction since the Great Depression was initiated (as Bernanke admitted) by central bankers. Here are some trends that I believe will become exponential as we move into 2016.
Market Turmoil Going Critical
This might seem like an easy prediction to make; the IMF and the Bank for International Settlements have both been publishing “warnings” on a possible negative financial event if the Fed were to raise rates. I just want to point out first that the Federal Reserve takes its marching orders from the BIS, so the BIS would certainly know if a Fed policy change will result in collapse. We don't have to make predictions, we only have to look at where the BIS is positioning itself in order to appear as though it is a prognosticator with our "best interests" at heart.
Second, market turmoil is a guarantee given the fact that banks and corporations have been utterly reliant on near-zero interest rates and free overnight lending from the Fed. They have been using these no-cost and low-cost loans primarily for stock buybacks, purchasing back their own stocks and reducing the number of shares on the market, thereby artificially elevating the value of the remaining shares and driving up the market as a whole. Now that near-zero lending is over, these banks and corporations will not be able to afford constant overnight borrowing, and the buybacks will cease. Thus, stock markets will crash in the near term.
This process has already begun with increased volatility leading up to and after the Fed rate hike. Watch for far more erratic stock movements (300 to 500 points or more) up and down taking place more frequently, with the overall trend leading down into the 15,000-point range for the Dow in the first two quarters of 2016. Extraordinary but short lived positive increases in the markets will occur at times (Christmas and New Year’s tend to result in positive rallies), but shock rallies are just as much a sign of volatility and instability as shock crashes.
It is hard to say how fast and how far markets will drop by the end of 2016. I believe we will see a repeat of the 2008-2009 market chaos, but we are entering into some unknown territory being that the crisis we are experiencing is not a purely deflationary one like the Great Depression. Rather, this is a “stagflationary” collapse with elements of the Great Depression and the Weimar inflationary disaster.
The Fed Will Continue To Hike Interest Rates
I believe the Fed will continue to hike rates throughout 2016 despite any current or future negative economic signals. It has ignored the global contraction so far and will ignore future events. Why? The Fed is setting the stage for a collapse. Period.
Mainstream analysts claim skepticism over the Fed’s publicly announced “dot plot” schedule of at least four rate hikes in 2016. I am not skeptical. I think they are going for broke and opening the gates to fiscal hell.
But wouldn’t rate hikes result in a stronger and more desirable dollar? Possibly, in the short term. However, many people are unaware that a supposedly “strong” dollar index relative to other national currencies is just as much a death knell for the greenback as a weak dollar index.
Petrodollar Status Lost
Oil producers have refused to cut production despite the fact that many nations no longer have storage capacity for excess reserves. International demand continues to decline, causing a global oil glut so intense that tankers carrying oil are now being forced to sit offshore waiting for space to dump their cargo. Some are even turning around mid-trip and going back to where they came from.
Why have OPEC nations refused to cut production? Because they plan to diversify away from the dollar and into a basket of currencies in order to “stabilize” oil prices, rather than reduce supply. The icing on the cake is the recent decision by Congress and the Obama administration to allow the removal of the 40-year-old oil export ban within the U.S. With the lifting of the ban, the U.S. now becomes a competitor in the global oil market in the middle of the worst oil glut since the early 1980s. This might not seem like the smartest move to many analysts, but the Fed is not the only institution out to derail the United States. Certain elitists within our own government are also making the worst possible decisions at the worst possible time, and they are doing this quite deliberately.
According to the current developments in oil markets, I believe the next major economic trigger event will be the removal of the dollar’s petro-currency status. The “strong” dollar (relative to the dollar index) is now driving down prices at a rate that is giving OPEC nations whiplash. Saudi Arabia has already hinted at a depeg from the dollar, as low oil value continues to drive oil producers into debt.
With the U.S. now entering the market as an oil competitor, I do not see any compelling reason for OPEC nations to continue pegging oil sales to the dollar. With the loss of petrostatus, the dollar will be progressively torn apart. This will lead into the eventual removal of the dollar’s world reserve status, which I have been warning about for years, most recently in my article “The Global Economic Reset Has Begun.”
Geopolitical Distractions
I do not see all of these economic developments taking place in an open vacuum. It makes far more sense for them to progress in the background during geopolitical upheaval with terrorism being the main distraction for the general public. I believe 2016 will be labeled the “year of the terrorist,” as ISIS attacks expand to every corner of the U.S. and in numerous EU nations. This “fog of war” is completely necessary to hide the actions of the most dangerous terrorists: international financiers and elites bent on morphing entire global political and financial structures into something more centralized and more sinister.
Other distractions are certainly possible, but there are far too many trigger points around the world at this time to make any kind of prediction as to which ones (if any) will be used. The false East/West paradigm continues and is useful in that it provides a rationale for the eventual dump of the U.S. dollar by Eastern nations (including China). Russian and NATO tensions could be used to foment regional wars or even a world war if that is in the cards. I do not see this as the endgame, though.
Rather, economic collapse is the greatest weapon at the disposal of globalists. National panic, riots, looting, starvation, magnified crime: All of these things result in mass die-offs and desperation. Desperation leads to calls for "strong leadership", and strong leadership usually results in totalitarianism. It might seem sensationalist to tie all of these possible outcomes to the Fed rate hike decision, but give it a little time. Those who make accusations of sensationalism and “fear mongering” today will be asserting tomorrow that such developments were “easily predictable.”
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written by MAJ , December 23, 2015
What a succinct summary of the maelstrom waiting for us next year. Incredible work again Brendon.Another US election year - perfect backdrop for the planned Kabuki theatre.
So according to you the likely endgame is the collapse with war preceding it ??
I was thinking more like
delibrate money supply contraction( already started) > volatility, liquidity issues >distraction event ( false flags etc) for scrapgoat > market crash > bank failures > planned bail-ins/unrest/police state implementation - strongmen > war rhetoric/war on the false paradigm > after war another bretton style conference + UN/NWO leading to debt reset, for states, wealth tax haircut to wipe out any remaining midfle class + new globalized bank + globalist framework so that "never again".
what say you?? From history collapse is followed by strongmen / police state implementation to provide stability and then inevitable fingerpointing at the enemy blamed for the crisis leading to war.
It is after the trauma of war that the rhetoric for centralization is implemented while the mass psyche has been primed properly.
Though hopefully the insane idiots will have a quick war - next gen electronics/communication jamming followed by quick arsenal exchange and avoid the prolonged horror of WW2 and no insane bio/chem/nuclear releases
But given the depopulation meme, one can only hope. We are cursed with " interesting times" while the bloody critical mass is going hooked on the feelies and sense- organs and orgy-porgy a la brave new world style. That is far more terrifying than good old 1984 style naked totalitarianism
Congrats again for the post and Merry Christmas mate! Best wishes to you and family.
written by T. , December 23, 2015
You are one of the smartest guys out there. I have also been saying all along that the Fed knows exactly what they are doing and when they will do it. (it's called a PLAN) And I agree with you that their goal is to bring down the USA from sole world super power to just another nation dependent upon the New World Order System that ThePowersThatBe are moving the whole world into. According to Lindsey Williams elite friend, the sun will rise on 1-1-2016 with NWO chaos on going in route to NWO completion later (2-3 months). I believe he is right and that their attack upon U.S. will begin between 10pm and 11pm on New Year's Eve. God bless and may His church awaken that we can be a blessing to others during the soon to be chaotic times.
written by whoever you want me to be , December 23, 2015
The enemy of my enemy is my friend, we're all familiar with the term. Trump has the establishment blind with fear, proving to even the dumbest American the two party game was a game only. When the GOP is threatening to throw their support behind Clinton should Trump take the red ticket.....the gig is up. My question, what do you think they'll do about their Trump problem? Personally, I'd get a food taster asap.
written by andysloan , December 23, 2015
SEE ESPECIALLY CAPITALISED TEXT NEAR, THE BOTTOM
The very influential Irish Saint Columbcille (521-597 AD) was the founder of a great monastery on the Isle of Iona. There he wrote numerous religious tracts and prophecies that especially concern Ireland. St. Columbcille predicted the Viking raids on Eire from the 8th through 10th centuries, the Anglo-Norman invasion of 1169, the Turod conquest, the Irish rebellion of 1641, the great potato famine of 1845-50, and the invention of railroads ("In both North and South iron wheels shall support fiery chariots..."). He prophesied the following concerning what is now our near future:
"Hearken, thou, until I relate things that shall come to pass in the latter ages of the world. Great carnage shall be made, justice shall be outraged, multitudinous evils, great suffering shall prevail, and many unjust laws will be administered. The time shall come when they will not perform charitable acts, and truth shall not remain in them. They will plunder the property of the church, they will be continually sneering at each other, they will employ them at reading and writing. They will scoff at acts of humility; there will come times of dark affliction, of scarcity, monarchs will be addicted to falsehood. Neither justice nor covenant will be observed by any one people of the race of Adam; they will become hard-hearted and penurious, and will be devoid of piety. The clergy will become fosterers, in consequence of the tidings of wretchedness; churches will be held in bondage by the all-powerful men of the day. Judges will administer injustice, under the sanction of powerful, outrageous kings; the common people will adopt false principles.
Oh, how lamentable shall be their position! Doctors of science will have cause to murmur, they will become niggardly in spirit; the aged will mourn in deep sorrow, on account of the woeful times that shall prevail. Cemeteries shall become all red, in consequence of the wrath that will follow sinners; wars and contentions shall range in the bosoms of every family. Excellent men shall be steeped in poverty, the people will become inhospitable to their guests, the voice of the parasite shall be more agreeable to them than the melody of the harp touched by the sage’s finger. In consequence of the general prevalence of sinful practices, humility shall produce no fruit. The professors of science shall not be rewarded, amiability shall not characterize the people; prosperity and hospitality shall not exist, but niggardliness and destitution will assume their place. The changes of the seasons shall produce only half their verdure, the regular festivals of the Church will not be observed; all classes of men shall be filled with hatred and enmity toward each other.
The people will not associate affectionately with each other during the great festivals of the seasons; they will live devoid of justice and rectitude, up from the youth of tender age to the aged. The clergy shall be led into error by the misinterpretation of their reading; the relics of the saints will be considered powerless, every race of mankind will become wicked! Young women will become unblushing, the aged people will be of irascible temper; the kine will seldom be productive, as of old; lords will become murderers. Young people will decline in vigor, they will despise those who have hoary hair; there will be no standard by which morals may be regulated, and marriages will be solemnized without witnesses. Troublous shall be the latter ages of the world, the dispositions of the generality of men I will point out, from the time they shall abandon hospitable habits -- with the view of winning honor for themselves, they will hold each other as objects for ridicule.
The possessors of abundance shall fall through the multiplicity of their falsehoods; covetousness shall take possession of every glutton, and when satisfied their arrogance shall know no bounds. Between mother and daughter anger and bitter sarcasms shall continuously exist; neighbors will become treacherous, cold, and false-hearted towards each another. The gentry will become ungrateful, with respect to their trifling donations; and blood relations shall become cool towards each other; Church livings shall become lay property. Such is the description of the people who shall live in the ages to come; more unjust and iniquitous shall be very succeeding race of men. The trees shall not bear the usual quantity of fruit, fisheries shall become unproductive and the earth shall not yield its usual abundance. Inclement weather and famine shall come and fishes shall forsake the rivers. The people will be oppressed for lack of food, shall pine to death. Dreadful storms and hurricanes shall afflict them. Numberless diseases shall then prevail. Fortifications shall be built narrow during these times of dreadful danger.
"Then a great event shall happen. I fail not to notice it: rectitude shall be its specious motive, and if ye be not truly holy, a more sorrowful event could not possibly happen.
"After the conclusion of a long and blood rule of Ireland by England, the garment of death will descend and the rowing wheels will arrive. Ten hundred compartments shall be in the fleet, and each compartment shall contain ten hundred men. The armament will spread its forces over the sea and land and rear up mounds with mangled bones. They will inflict on their enemies a severe, flesh-hewing course of warfare to such a degree that scarce a man of them shall escape. The fleet of rowing vehicles will remain two short years and a half.
"This fleet that will come across the sea shall consist of ten ships, ten hundred fairy barks, ten hundred boats, ten hundred cock-boats and ten hundred spacious skiffs. The principal seaport belonging to the country abroad shall look to the west. Such a large assemblage of men never before met in the east or west; and never again shall such a muster congregate while Ireland is a sea girt island.
"The nobility shall sink into humble life before the great war; that war will be proclaimed against them from beyond the seas, by means of which the frantically-proud race shall be subdued. The enemies of the English shall be aroused into activity --- they who reside in the eastern and western parts of the world --- so that they will engage in a battle on the circumscribed sea, in consequence of which the English will be defeated.
"A fleet belonging to a foreign country will come hither, manned by the descendants of Golimh of the gold-embroidered garments, they shall lay prostrate the Gauls of the ships, and liberate the people who have been held in bondage. This fleet that shall arrive here from the east, cannot be impeded by the mighty ocean; through the impetuosity of its noisy breathing, its strange appearance shall be marked by flaming mouths. They will engage in furious conflict, it shall be a wonder that it will not be a mutual slaughter, the conflict of those who will come hither to sever the intricate knot.
"After the English shall be defeated in this battle, they shall be harassed from every quarter; like a fawn surrounded by a pack of voracious hounds, shall be the position of the English among their enemies. The English afterwards shall dwindle down into a disreputable people, and every obstacle shall be opposed to their future prosperity; because they did not (rather: as long as they do not) observe justice and rectitude, they shall be forever after deprived of power! Three warnings will be given them before their final fall, the burning of the Tower of the great kings; the conflagration of the dockyard of the English, and the BURNING OF THE TREASURY WHERE GOLD IS DEPOSITED."
(The first two warnings may have been fulfilled in World War II, when German air raids bombed the Tower of London and the dockyards. The burning of the Treasury has yet to occur. St. Columbcille concluded his prophecy with a promise of prosperity and the destruction of Ireland)
"This new Eire shall be Eire the prosperous; great shall be her renown and her power, and there shall not be on the surface of the wide earth a country found to be equal to this fine country... Seven years before the last day, the sea shall submerge Eire by one inundation."
As to the aforementioned invading fleet, we have the prophesy of St Brendan.
"The yellow man will water his horses by the shores of Lough Neagh."
... confirming that there will be a Third World War with a Russian/Chinese alliance as detailed by Mr Anatoliy Golitsyn in the book "Perestroika Deception".
Amidst all this, will come antichrist (Google "shareintl" for likely identity)
This privileged knowledge of things to come is freely given by God the Father, to anyone who will go to confession and keep His commandments and live a devout Catholic life;.
See verses 17 & 18
http://www.drbo.org/x/d?b=drb&bk=25&ch=7&l=18#x
However, serving and obeying God - our Creator of infinite Majesty, is the last thing the majority of men wish to do!
Ecclesiasticus 1:32
"But the worship of God is an abomination to a sinner."
Ecclesiasticus 10:9
"Why is earth and ashes proud?"
written by brabantian , December 23, 2015
Brandon Smith has long been a near-lone voice in the wilderness warning us that Russia (& China & BRICS etc) are only 'fake opposition' to the West, fake 'opponents' in a pro-wrestling-like stage-managed 'conflict' leading to a & very ugly future NWO 'solution'
Had to laugh the other day, at the news that Vladimir Putin passionately endorsed his fellow fake-'alternative' leader, the pro-torture Donald Trump
The compromised half-fake alt-media, & those who don't know better, are going wild with glee, at 'statesman' Putin backing 'alternative' Trump
This is all as bad & as sad as the foolishness of all the people who bought Obama 'hope & change' hype in 2008
Key background here is that, half a century ago, UK economist Antony Sutton (oft-cited by Brandon Smith), proved the US-Soviet 'Cold War' was fake, the US was transferring tech & resources to Stalin's homeland, to keep the whole game going ... Russia was 'The Best Enemy Money Could Buy' back then, & today things are nearly the same
What Brandon doesn't talk about - rather understandably, due to the pitfalls - is the key role of Israel in connecting the world's leaders. In the old Soviet days described by Antony Sutton, it was Israel that played a key role in transferring US tech to Russia to keep the Soviets afloat ... the CIA claimed Israel's Mossad was their 'back door' to Moscow, whilst Moscow's KGB claimed Mossad was THEIR 'back door' to Washington, ha!
Israel is also the deep connection between the USA's leaders & Russia's leaders, & between Vladimir Putin & Donald Trump. 40% of Obama's USA billionaries are Israeli-Jewish dual citizens, whilst 20% of Putin's billionaires are Israeli-Jewish, & these big corporatists & political donors all meet & gather in Israel.
It is not easy to talk about this subject without falling into rhetorical traps, but it is rather factual that oligarchs of all stripes around the world, tend to use, favour & strongly support Jewish-Israeli intermediaries & enablers ... who connect with each other via Israel, despite being on 'opposite' sides
Very hilariously, many US dissidents make laughable claims Putin is some kind of 'anti-Zionist', whereas the truth is, that Israel's Prime Minister Netanyahu & Putin, get along much better than Netanyahu gets along with Obama. Donald Trump is another close Netanyahu friend ... Here is Trump himself talking about Israel ... actually attacking the EU for taking a few timid steps to ease the lives of the occupied Palestinians
Donald Trump: "I grew up in Brooklyn & Queens & Israel was always very paramount in our mind. ... I’ve devoted so much time over my life to Israel ... Consider the European Union’s recent approval of a new trade rule, that requires special labeling of products produced in what the EU now considers Israeli-occupied territories ...This is anti-Semitism! ... Today, anti-Semitism hides behind the label of anti-Israel. We need a president that will call it that. I will be that president. ... Israel needs more than just our support, they need strength, they need REAL POWER behind them!"
PS - Style note to Brandon ... that phrase 'dead cat bounce' is painful to read for many of us animal-lovers
written by andysloan , December 23, 2015
"The Federal Reserve Bank of New York is eager to enter into close relationship with the Bank for International Settlements.... The conclusion is impossible to escape that the State and Treasury Departments are willing to pool the banking system of Europe and America, setting up a world financial power independent of and above the Government of the United States.... The United States under present conditions will be transformed from the most active of manufacturing nations into a consuming and importing nation with a balance of trade against it." - - Rep. Louis T. McFadden (D-PA)
"Some people think the Federal Reserve Banks are US government institutions. They are not... they are private credit monopolies which prey upon the people of the US for the benefit of themselves and their foreign and domestic swindlers, and rich and predatory money lenders. The sack of the United States by the Fed is the greatest crime in history. Every effort has been made by the Fed to conceal its powers, but the truth is the Fed has usurped the government. It controls everything here and it controls all our foreign relations. It makes and breaks governments at will." - Rep. Louis T. McFadden (D-PA)
The Federal Reserve (Banks) are one of the most corrupt institutions the world has ever seen. There is not a man within the sound of my voice who does not know that this Nation is run by the International Bankers. - Rep. Louis T. McFadden (D-PA)
“Under the Federal Reserve Act, panics are scientifically created. The present panic is the first scientific one, worked out as we figure a mathematical equation.”
Congressman Charles A. Lindbergh, The Economic Pinch, 1921.
"The Federal Reserve definitely caused the Great depression by contracting the amount of currency in circulation by one-third from 1929 to 1933."- Milton Friedman, Nobel Prize winning economist
"It was not accidental (the 1929 Crash). It was a carefully contrived occurrence... The international bankers sought to bring about a condition of despair here so that they might emerge as rulers of us all." - Rep. Louis T. McFadden (D-PA)
Congressman Louis T McFadden - an American hero!
Congressman McFadden
on the Federal Reserve Corporation
Remarks in Congress, 1934
AN ASTOUNDING EXPOSURE
http://home.hiwaay.net/~becraft/mcfadden.html
written by NOT a cat hater , December 23, 2015
brabantian,
An otherwise good post. If that phrase is "painful" for you, you're in a lot of trouble my friend.
And if it weren't already obvious, Brandon did not coin that phrase - it's widely used in the financial world.
Perhaps you'd like to suggest an alternative instead of just criticizing?
Feel free to offer up a non-micro-aggressive term that describes the behaviour of 'things' that are plotted on charts which display a tendency to weakly rebound for a brief period after a steep decline as opposed to just hitting bottom and sticking.
I'm also an animal lover but let's face it, if it weren't for human's use (and yes, sometimes abuse) of animals, none of us would be here.
Merry Christmas!
written by Silverado , December 23, 2015
A recent quote from Stewart Thomson at Graceland Updates dot com that about nails this subject, "...the US Central Bank is run by psychotic wealth transfer specialists. The Fed doesn't need to be audited. It needs to be shut down."
written by Basel , December 24, 2015
Good article. But I would conclude the feds intent is different than 2008/08. The amount of debt taken on by governments and corps is massive. In the prior recession the fed had room to handle a recession with rates and QE; it was most likely created on purpose. This time they cannot afford to allow a drop in asset prices without losing too much control. Odds are they will attempt to slowly drain the economy and continue to push wealth to the 1%.
written by Brandon Smith , December 24, 2015
@Basel
It is already done. They will indeed allow asset prices to drop, otherwise, they never would have initiated the taper or the rate increase.
written by helot , December 24, 2015
Reading, The Housing Bubble Blog, it's clear that house prices and real estate are falling, but at the same time, didn't some rich guy just pay the most ever for a condo in NYC recently? Is it sticky going down, are 'they' just not ready yet, ...or?
Economic Policy Journal says we're far and away from any kind of collapse. Perhaps the Fed is just nudging in a direction that way and you're all correct, it's just the matter of time that is in question?
One thing is certain: the world is ruled by insane people, and they are supported by insane people, for insane reasons.
written by Brandon Smith , December 24, 2015
@helot
I would also point out that the Economic Policy Journal is almost always wrong in their analysis.
written by Just John , December 24, 2015
It occurs to me that in order for this transition to the NWO, global currency and global governance it is quite possible, likely even, that the Federal Reserve and central banks will be "sacrificed" in order to cover the real culprits involvement and thereby open the way for a "global" banking system. Most likely the new global currency will be digital so that every penny we earn and spend can be monitored, taxes and penalties can be extracted at the push of a key on a computer and we will be constantly monitored on every financial transaction we ever make. Big Brother on steroids!
written by DiscordianPope , December 25, 2015
Excellent stuff Brandon.
I encourage all your open minded readers to have a look over at http://redefininggod.com for some more esoteric analysis coming to the same conclusions as you
written by Just John , December 25, 2015
It was first proposed in The Economist in 1988 in an article that stated that a global currency should be in place by 2018.
Almost 30 years ago the Rothchilds announced their plans through this article in their magazine. See here:
https://socioecohistory.wordpress.com/2014/07/26/flashback-1988-get-ready-for-a-world-currency-by-2018″-the-economist-magazine/
G20 leaders in 2009 at the G20 Economic Summit openly announced their plans for a global currency to replace the US dollar. See here:
http://www.newdawnmagazine.com/Article/A_Global_Central_Bank_Global_Currency_World_Government.html
So, what we are experiencing is the culmination of a long term plan. All that is needed is one final push over the edge toward it is the forthcoming global financial collapse. This collapse is most likely going to be so destabilizing, by design, that the peoples of the world will clamor for a solution. After an appropriately long enough time of misery and uncertainty a global currency will be proposed and eventually adopted; as demanded by the people themselves. Hell of a plan. It won't be long now.
written by jbrad , December 29, 2015
Ms. Brown sheds additional light to the growing economic darkness...
http://ellenbrown.com/2015/12/29/a-crisis-worse-than-isis-bail-ins-begin/
written by Mark in Denver , December 30, 2015
Brandon,
It seems to me that the public attitude of the Federal Reserve towards gold, and that of the MSM, fits into your thesis. If the Fed is out to destroy the reserve status of the USD, and the US economy, then why not ensure complete destruction by convincing everyone not to buy the one thing that could preserve their wealth, i.e. GOLD. In contrast, the countries of China, India, Russia, and others, have been buying all the gold they can get their hands on. The final straw for the US will be a gold-backed SDR currency, or something similar.
written by helot , December 30, 2015
I read G. Celente on an interview at usawatchdog he said the price of gold is determined by how much it takes to extract it out of the ground and that today it's at break even. That doesn't make sense if you consider wages have been flat and the price of fuel is close to what it was in 1999 or so when gold was $250 an oz. What explains the difference between then and now - If - the price floor is determined by the cost to extract?
I read an article called, Gold and The Public's Complacency, that was interesting and made me wonder more.
Anyway, the comments to this article at SHTFPlan were good.
