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Re: GolfFishSurf post# 2691

Thursday, 01/13/2022 11:13:12 AM

Thursday, January 13, 2022 11:13:12 AM

Post# of 3574
Most people will not accept this answer but it is the truth. I think it was 1913 when JP Morgan said gold is money, everything else is debt Bill Clinton reinforced this reality on the grandest scale. The American standard of living has been declining ever since.

So, if debt retreats so will the Federal Reserve. Debt is how banks exist. No debt - no banks. In the good ol' days banks needed a little less than 3% roi to pay the bills. Today, real inflation is well over 20%. This means the banks have to be creative to keep the doors open. In 2018 the Fed was giving them cash every night so they could open the next morning. Remember the stir about LIBOR around then? Tens of $billions were handed out each night. Congress got pissed and the Fed developed their creative accounting to disguise the giveaways. To keep up with inflation banks do more and more risk. LIBOR is not enough nor are all the new acronyms given to them. Where do they go????????? Stock market.

Inflation is an ongoing theatrical event. It is catastrophic, destructive and murdering classes of people. On the other hand banks MUST have debt. What we see now is the Fed say everything is contolable and the interest rate may be bumped to put a top on it. But that lessens bank ability to stay open. What we will see are small token suggestions in interest rate increases. If inflation were sought to be controled rates would be near inflation levels. Are ya with me so far?

Keep this in mind: The G7 will do an international currency reset in the next few years.

Governments, banks, etc think we are stupid. Keep printing money, inflate the stock market and slow the velocity of m2. How do you slow the flow of money?????? Unleash a virus that will negate the operation of most small businesses. Walmart stays open but Joe Shmoe has to close. VWAHLAH!!!!!!!!!!!!! Here is the creepy part.... Trump and gang installed Blackrock into the Treasury and then joined the Fed at the hip. They are work out of the same billfold. Blackrock? Yep. They are buying real estate, bonds and whatever else is needed in the plan. What plan?

The Federal Reserve began in 1913. No election. The rich guys setup shop uncontested and running the US ever since. They are into oil, anything war and technology. Here is a fun fact to remember. World reserve currencies last between 95 and 115 years. 2022 - 1913 = 109. Did you smell that? Enter the G7.

The Fed will not control inflation. They'll make tiny shows here and there but they will not control it. For them to survive inflation must increase. Look at Venezuela - almost indentical situation. That is where we are going. The Dow is going to KAZILLION. nclh may go to 500 billion. But the dollar won't buy anything at all. That means crap businesses like nclh will die.

I have sold everything I own having third party risk. Stock market, real estate, retirement, savings, checking, loans, anything on paper and paid off one house and my boat. I took that money bought physical gold and silver and became a cash partner in a large farm in Indiana.

NEVER EVER TRUST A BANK, GOVERNMENT OR INSURANCE COMPANY
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