It is elementary.
They knew they were breaking Section 2A of the Federal Reserve Act (the mandate IS NOT to maintain low employment and stable prices, those are the expected results of following the SINGULAR MANDATE!) when they took credit and monetary aggregates exponential to GDP (actualized potential production):
Weapons of Mass Debt
Of course, there are no penalties for oligarch “laws” – they are more accurate deemed propaganda for the naive plebians.
The bust portion of this cycle is every bit as important a part of the bubble / bust, societal asset stripping operation as the bubble!
The international banking cartel is orchestrating the interest rate spike as the organic growth of the American economy is contracting $500 billion a year and dropping rapidly!
Central Banks Sell Record American Debt
The third chart down is the one the one that depicts the $500 billion per quarter organic contraction and the rapid quarterly increases in that contraction (worse than going into 2008!)
The Fed won’t tell you they are stabbing you in the back and twisting to hit every major organ they can. Of course your economic assassine will blame something else as it does its dirty work.
We, as a society, have to stop being a perpetual Charlie Brown, ever kicking that field goal and having the ball pulled away… but never quite able to figure our being played for a rube.
The “power of money” that is “gravely to be regarded” (Eisenhower’s own words as quoted from his farewell speech – read it!) controls the mega banks and their debt money tyranny Trojan Horse Federal Reserve System.
The Fed is independent of the government, but it is not independent of the international banking cartel’s private interests.
The people who run JP Morgan also control the Fed. I believe Jamie Dimon, CEO of JP Morgan, sits on the board of the Fed.
Why, might you ask yourself, woudl the power of money lend 30 year mortgages for sub 4% ahead of bout of serious monetary inflation? The current price inflation is primarily due to speculation in commodities markets by mega-banks that are stealing trillions from the ignorant proletariat and then using it to gamble up the price of commodities. This is nothing new… The only thing new is they now pass off their losses to the ignorant “consumer” instead of the corporate bank structure: \
Gentlemen! I too have been a close observer of the doings of the Bank of the United States. I have had men watching you for a long time, and am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves. I have determined to rout you out, and by the Eternal, (bringing his fist down on the table) I will rout you out!
~From the original minutes of the Philadelphia committee of citizens sent to meet with President Jackson (February 1834), according to Andrew Jackson and the Bank of the United States (1928) by Stan V. Henkels - online PDF
There is nothing new under the sun – but guess whose mug those Vipers put on the $20 bill?
As for WHO tried to assassinate Andrew Jackson, I will defer to Andrew Andrew Jackson’s own opinion…
The bank, Mr. Van Buren, is trying to kill me, but I will kill it.
~ Said to Martin Van Buren (8 July 1832) and quoted in The Autobiography of Martin Van Buren, published in Annual Report of the American Historical Association for the Year 1918, vol. II (1920), ed. John Clement Fitzpatrick, ch. XLIII (p. 625)
Referring to the Second Bank of the United States
This view of the central bank as hapless idiots is actual a Sun Tzu Art of War tactic. Pretend to be weak and dumb so your victim will think they are strong and not sense the imminent danger as you destroy them.
Stop falling for it. The international banking cartel has used debt money systems, deception and fraud to murder more people in human history than any other group of people – and no other group is even close. Most of the 30 million starvation deaths fall right at their feet – doing as Hitler did in the ghettos by denying resources and energy to people. Except it was a small walled ghetto, these are nation state sized international banking cartel ghettos.
Its even worse when you realize that their competition in the mass murder game were almost put into power with their help!
So stop being so gullible. Mises has some great ideas, but his meme that central bankers are idiots is probably why the central bankers brought Mises to America and funded his work through the Rockefeller Foundation. The money power doesn’t do that unless they deem it is in teir self interest.
Why have they inflated up until now? Because they are using inflation as the pretext to rip off our nation’s financial face. Would you consider 20% inflation a good tradeoff for stealing $5 trillion from society?
So do they. The problem is that they can’t continue to do that without eventually damaging the monetary wealth they’ve already stolen. When the cost benefit of looting the American childlike minded people turns against them, they will stop it, bust the system and use their trillions in debt paper to seize the hard assets of the American people and the world. They will then use the trillions in money they looted from everyone else to mop up whatever is left.
But that will collapse the economy, you argue. Of course. The economy will collapse no matter what. The question is whether the “money power” that is “gravely to be regarded” will destroy their trillions in monetary wealth in the process of if they try and mop up society’s *ss in the process.
If you have to think about their choice for more than an instant then you don’t understand the money power.
Even Jesus had to bust out the whip and kick over tables to deal with these criminals.
You also fail to understand they’ve already sold the establishment gobemouches in society that their front corporations are TBTF&Jail.
They can’t fail – GOT THAT? Real estate falls 90% – so what? THEY CAN’T FAIL. That’s what TBTF&Jail means.
Their economic incentive IS TO BUST EVERYONE ELSE AND ROLL IT ALL UP UNDER THEIR TBTF&JAIL FRONT CORPORATIONS.
“Competition is sin.”
Indeed – so why not wipe it off the map once his front corporations are TBTF&Jail?
This is elementary. To believe they will hyperinflate and destroy their own wealth while bailing out debtors is to not understand human nature at all.
The government is not sovereign, it is controlled by the money power. Napoleon understood this well…
“When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes. Money has no motherland; financiers are without patriotism and without decency; their sole object is gain.”
One day, gold in the hand might be worth a $1 million in the bank that is Cyprussed. But that gold may be worth a lot less in dollar terms than it is today. But it will exist – something that eventually 90% of banks accounts likely won’t be able to claim. Cash is King at some point in the near to medium term, but it will not be easy to keep that cash out of the hands of the “money power” that is “gravely to be regarded.” BTW, the banksters knew this point would come over 100 years ago and have 100 years to prepare and plan for it. You think 911 was an accident? It was used to set up their police state ahead of this event and implement what Brzezinski claimed was the bankste rplan in 1970… “The technotronic era involves the gradual appearance of a more controlled society. Such a society would be dominated by an elite, unrestrained by traditional values. Soon it will be possible to assert almost continuous surveillance over every citizen and maintain up-to-date complete files containing even the most personal information about the citizen. These files will be subject to instantaneous retrieval by the authorities. ”
~Zbigniew Brzezinski, Between Two Ages: America’s Role in the Technetronic Era That was published in 1970… it has been the plan all along. Oh, and Brzezinski created the al Qaeda that eventually was used as a pretext to implement his plan. He claims it is all random chance… and politicial King Makers would never lie to the establishment gobemouche’s right? “History is much more the product of chaos than of conspiracy” ~Zbigniew Brzezinski …says the chief conspirator… but, hey, if the people are that gullible, why not milk them like cows? Debt Money Tyrranny
http://www.keepandshare.com/doc/4768883/debtmoneytyranny-6-1-pdf-60k?tr=… Solutions are listed on the second page. I’d also add keeping excess cash in Treasury Direct and then siphoning it out and buying hard assets as the deleveraging sharpens its teeth and strengthens its bite. Gaining control over the necessities of life in a positive community environment should be goal #1.
How to be a Crook
Poverty is not a Choice
Secret of Oz
Tragedy and Hope Part 7, Chapter 19 – Inflation and Reflation (must read to understand how the central bankers ARE THE GOVERNMENT in this financial empire that rules over us)
PS – hyperinflation is likely the end game, but you have to survive with assets in hand between now and then. Most will not be able to do this – especially if one is situated for hyperinflation without any control over the necessitites of life. Hyperinflation will occur after the banksters have traded in their worthless fiat and worthless debt for real assets – exactly as most hear intuitively understand needs to be done. They are TBTF, though, so they aren’t worried about prices or being bankrupt. They can’t fail. When they’ve asset stripped society, they will then hyperinflate to “balance their books” and proclaim capitalism as a failed policy. They will then sell the following to the starving, broke masses held in check at gunpoint and through their potential starvation:
“We are grateful to The Washington Post, The New York Times, Time Magazine and other great publications whose directors have attended our meetings and respected their promises of discretion for almost forty years. It would have been impossible for us to develop our plan for the world if we had been subject to the bright lights of publicity during those years. But, the work is now much more sophisticated and prepared to march towards a world government. The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national autodetermination practiced in past centuries.”
~David Rockefeller, founder of the Trilateral Commission, in an address to a meeting of The Trilateral Commission, in June, 1991.
All Risk No Reward