⛏️⛏️⛏️The PickAxe ⛏️⛏️⛏️ STRIKE BACK HONORS GO TO GREG MANNARINO⛏️⛏️⛏️
Here is a short list of our Dire World: -US just finished unleashing Covid19 virus on the world.
- Now we are at war again. A war that US started. - We've also recently reported that US has been in 57 undeclared wars since WW2 and over 250 military incidents in past four decades. -Inflation is raging. Food costs up 40%, housing up over 50%, gas has doubled. -US debt is over 31 Trillion. Unfunded liabilities over 167 Trillion. -Food shortages -Energy shortages -Massive Layoffs have started -The Fed is hiking rates into a recession (never happened before)
Here is Greg Mannarino's take on our situation. Greg writes: If central banks do not find another mechanism to continue to inflate, IMMEDIATELY, the entire global financial system will melt down.
The current central bank run financial system is 100% debt based. What this means is a debt based financial/economic system can only function if more debt is constantly added/borrowed into existence- and the moment this stops, the financial system in its entirety implodes.
War, expanding wars, Congressional acts/policies, disease processes, warp speed vaccines, drugs, engineered crisis after crisis, etc. are all mechanisms pushed upon an unsuspecting public to pull debt relentlessly and exponentially into the system.
Not only does the system demand that more debt by created, and henceforth pulled into existence, but it must also do so on an ever-increasing basis just to sustain the current environment. The borrowing of debt into existence, which at its core demands that the currency expand/inflate, is MASSIVELY inflationary.
Currently the world is being sold a lie, which is inflation is running rampant because rates are too low. The fact here is simple: raising rates is meant to KILL demand, not lower inflation.
To lower inflation, all the Federal Reserve or any central bank must do is contract the money supply. If in fact the Federal Reserve really wanted to lower inflation, they would increase the capital reserve requirement of the banks, which currently sits at zero, this would contract the money supply.
The last thing that ANY central bank, especially the Federal Reserve wants to do in this environment is to contract the money supply, in fact, that want to expand it/inflate it.
The power of any central bank resides in ONE THING, its ability to inflate… PERIOD.
How do you kill a central bank? Simple, prevent them from issuing A SINGLE DOLLAR OF MORE DEBT.
Central banks will NEVER give up their ability to inflate, it would take a full-on revolution of the people against central banking to make that happen. As it stands, central banks are the most powerful organizations on the planet, none more so than the Federal Reserve which has the FULL backing of the US Armed Forces, which includes its nuclear arsenal- henceforth the petrodollar.
What we can fully expect moving forward is yet again some other kind of mechanism which will allow the Federal Reserve to continue to inflate.
Another disease processes possibly… Expanding war… Some new Congressional act/policy… ANOTHER CRISIS… Some new way to borrow/buy debt.
Watch this epic interview between Daniela Cambone and Greg Mannarino.
Greg trots out his thesis that the Federal Reserve and central banks are marshaling in their wicked plan to wipe out an entire class of people. Mannarino is the first to promote what he is calling Central Bank's "Final Solution" meaning central banks mission to return to a two-tier system (feudalism: Kings & Peasants) Many would believe his paradigm is exaggerated or alarmist but take a look around everyone....
WE AGREE WITH YOU GREG. YOU'RE TRULY ONE BRAVE BADASS
Jon Little gives a shout out to Greg Mannarino with Chris Marcus (on Arcadia Economics YouTube Channel.) Jon shares the Mannarino viewpoint with the studio audience. Little believes Mannarino is thinking correctly and more need to listen to what he is saying. Video is cued up at the moment where Greg Mannarino is mentioned.