Tag: economics

World War III Has Already Started, and It’s an Economic War

In an article I published in April of 2018, titled World War III Will Be An Economic War, I outlined a number of factors that portend a large-scale conflict between East and West and why this war would be mainly economic in nature. I investigated how this conflict would actually benefit globalists and globalist institutions seeking to bring down multiple nations’ economies while hiding the engineered crisis behind a wall of geopolitical chaos and noise.

The goal? To convince the masses that national sovereignty is a plague that only leads to widespread death and that the “solution” is a one-world system – conveniently managed by the globalists, of course. That is to say, more centralization is always offered as the solution to every problem.

Furthermore, the war itself acts as a cover for the inflationary collapse that our central bank and government has created. We are already seeing fraud propagandists like White House Press Secretary Jen Psaki attempting to mislead the public into believing all our current inflation problems stem from the Ukraine war. This claim requires some impressive mental gymnastics and an epic level of ignorance, but Psaki seems to have no shame about her role as a soulless Goebbels-like figure.

One issue which I used to get a lot of arguments over was the idea that countries like Russia and China would end up so closely aligned. People claimed there were too many disparities and that the countries would ultimately turn on each other in the middle of a financial crisis.

Well, it’s four years later and now we’re going to see if that is true or not. So far, it looks like I was correct.

My position has long been that certain nations have been preparing for a collapse of the U.S. dollar as the world reserve currency (the primary currency used in the majority of trade around the world). My belief is that America’s top economic position is actually an incredible weakness; the dollar’s hegemony is not a strength, but an Achilles heel. If the dollar was to lose reserve status, the whole of the U.S. economy and parts of the global economy would implode, leaving behind only those who prepared – those who saw the writing on the wall and planned ahead.

Keep reading

80% of All US Dollars in Existence Have Been Printed in Just the Last Two Years

Since March of 2020, Americans and the world alike have watched from the sidelines as power hungry politicians have ushered in draconian lockdowns, shutdowns, police state measures, and brought the economy to its knees. While governments around the planet used their central banks to devalue their currencies by printing money to fund their tyranny, the US led the way down this road to fiscal horror.

Thanks to the trillions of dollars the Federal Reserve has printed over the last two years, America is currently in an inflation crisis. One need only look at the price of groceries over the last two years to realize just how bad of a crisis we are currently experiencing.

As the Biden Administration blames high prices on greedy industries, this is little more than a distraction from the actual perpetrator. Nevertheless, the left continues to attribute soaring costs on businesses making “too much profit.”

While these corporations are not innocent in this debacle, the role of America’s central bank is far more insidious. As government spending has skyrocketed over the last two years, they have financed their massive expenditures by stealing value from your savings by printing more money through the central bank.

When you print more money it means there are more dollars chasing the same amount of goods and services, which causes prices to rise. In just the past three fiscal years, federal spending has swollen to nearly $7 trillion a year, up from about $4.4 trillion in fiscal year 2019. Spending was $6.6 trillion in 2020, and $6.8 trillion in 2021.

If we want to put this into perspective, we can take a look at the monetary supply at the beginning of 2020, which showed just $4.0192 trillion in circulation. By January 2021, that number had jumped up to $6.7 trillion — but this was only the beginning.

By November of last year, that number climbed to $20.354 trillion dollars in circulation — meaning that since January 2020, the United States has printed nearly 80% of all US dollars in existence. 

Keep reading

When It Comes To 2022, You Should Definitely Prepare For The Worst

If you have a bad feeling about 2022, you are not alone.  As we approach the new year, it seems like things are going wrong all around us. We are facing the most epic supply chain crisis in our history, inflation is out of control, vaccine mandates are killing careers and forcing people out of jobs all over the country, and America is the most deeply divided that I have ever seen in my entire lifetime. Meanwhile, another wave of the pandemic appears to be building, our hospitals are already packed with non-COVID patients, global hunger is on the rise, and a major war could erupt in the Middle East at literally any moment. Unfortunately, I am entirely convinced that many of the problems that we are currently dealing with will escalate to an entirely new level in 2022.

For example, if you think that inflation is bad now, just wait until you see what is coming. We just got more evidence that wholesale inflation numbers are absolutely soaring…

New wholesale inflation numbers from September are in and once again prove the rapid increase in prices for everyday items isn’t “transitory” as President Joe Biden has repeatedly claimed.

Wholesale prices rose by 8.6% compared to September 2020, matching the largest increase on record.

The days of relatively low inflation are gone for good. As wholesale inflation numbers continue to spike at a very alarming rate, it is inevitable that these cost increases will be passed along to consumers.

Keep reading

UK’s Prince Charles Calls For ‘Vast Military-Style Campaign’ By Elites To Achieve Global ‘Fundamental Economic Transition’

The United Kingdom’s Prince Charles called for a “vast military-style campaign to marshal the strength of the global private sector,” using the “trillions at its disposal, far beyond global GDP,” to “fundamental economic transition” during a climate change conference on Monday.

“My plea today is for countries to come together to create the environment that enables every sector of industry to take the action required,” Charles declared. “We know this will take trillions, not billions, of dollars. We also know that countries, many of whom are burdened by growing levels of debt simply cannot afford to go green.”

“Here we need a vast military-style campaign to marshal the strength of the global private sector,” he continued. “With trillions at its disposal, far beyond global GDP, and with the greatest respect, beyond even the governments of the world’s leaders, it offers the only real prospect of achieving fundamental economic transition.”

Keep reading

The US Has Placed Itself In Charge Over Which Nations Get To Eat

The globally influential propaganda multiplier news agencies AP and AFP have both informed their readers that a “fugitive” has been extradited to the United States.

“Fugitive businessman close to Venezuela’s Maduro extradited to US,” reads the AFP headline.

“Alex Saab, a top fugitive close to Venezuela’s socialist government, has been put on a plane to the U.S. to face money laundering charges,” AP announced on Twitter.

You’d be forgiven for wondering what specifically makes this man a “fugitive”, and what that status has to do with his extradition to a foreign government whose laws should have no bearing on his life. The Colombian-born Venezuelan citizen Alex Saab, as it happens, is a “fugitive” from the US government’s self-appointed authority to decide which populations on our planet are permitted to have ready access to food. His crime is working to circumvent the crushing US sanctions which have been starving Venezuelan civilians to death by the tens of thousands.

Keep reading

Time for Washington To Stop Sanctioning the World: US Arrogance Leaves Trail of Innocent Victims Behind

The “Lift Sanctions, Save Lives” network is lobbying Congress to do what it should have done years ago: assess the impact of economic sanctions now routinely applied to ally as well as adversary. Such a review is long overdue.

Economic sanctions have become a new global battlefield. In July Beijing targeted several organizations and individuals, including former Commerce Secretary Wilbur Ross, in retaliation for earlier U.S. penalties. In January Beijing sanctioned 28 former Trump administration officials, including Secretary of State Mike Pompeo, as the Biden administration took over. In March, after the European Union penalized Beijing for suppressing political liberty in Hong Kong, the Xi regime retaliated against a number of Europeans, including members of the European Parliament.

The Chinese actions had little practical impact – preventing Pompeo and Ross from traveling to Hong Kong is not much of an inconvenience. (Ironically, they deserve to be sanctioned by Americans for their awful performance in office!) Moreover, Beijing’s action, though popular at home, backfired internationally. For instance, the European Parliament effectively killed a pending investment agreement.

Nevertheless, the whining about China’s action is striking. Americans and Europeans declared economic war on the proud, nationalistic People’s Republic of China, and were surprised when it struck back. Who knew that the PRC would dare act like … America!?

Keep reading

Understanding Inequality Requires Much More Than Calling Everything Racist

To offer a semblance of solidarity with the working class, wealthy leftists have substituted identity politics for class conflict, and attempted to recast economic problems as problems of racism or bigotry. So, instead of assailing the manipulation of the economy by the state and crony capitalists, a black worker will instead attack systemic racism or better yet characterize capitalism as intrinsically racist. Rarely do identitarians comment on structural barriers impeding the progress of working-class people and minorities, such as occupational licensing and zoning. Expecting them to do so, however, indicates gullibility, because identity politics is primarily about asserting the goals of upper-middle-class liberals.

For example, instituting gender quotas to create jobs for socially connected women is a more laudable goal for identitarians than providing poor white boys with the tools to succeed in a modern economy. At its essence, identity politics aims to colonize Western civilization with the luxury beliefs of the elite. Even though evidence for systemic racism could be nonexistent, this does not prevent identitarians from reminding struggling individuals that their suffering stems from a miasma of institutional racism and white privilege. Tackling issues like how the regulatory policy of California drives businesses out of the state, thus impoverishing minorities, is not high on the agenda of identitarians for obvious reasons. These disastrous regulations may be enriching crony capitalists who fund their causes.

Keep reading