White House Adviser Hassett Supports Negative Interest Rates
Negative US Interest Rates as Soon as November 2020?
White House Council of Economic Advisers Chairman Kevin Hassett said on Friday that “He would support it if the US Federal Reserve were to decide to push interest rates into the negative territory.” Did you ever think the day would come when a member of the Republican party would advocate a monetary policy that threatens to create a global monetary collapse?
The dollar is under pressure, and “you ain’t seen nothing yet.” ZeroHedge reports, “This abrupt selling of the dollar perhaps reflects Deutsche Bank’s recent scary conclusion: despite everything the Fed has done – which includes trillions in explicit liquidity injections and implicit funding backstops – not only does the Fed need to do more, but it would in fact have to cut rates to negative to offset pent up market imbalances.”
If you read between the lines, you discover that offsetting market imbalances requires monetary policies that transfer wealth from Main Street to Wall Street. Negative interest rates rip off savers and those on a fixed income.
Public Enemy Number One – Creator of Global Economic Collapse
As you read every word of this article, you will realize the Federal Reserve System sits in first place as Public Enemy Number One, causing the continued screwing of the honest citizen. Also, it appears that its ill-fated monetary policies portend a global economic collapse.
When Ron Paul states we need to End the Fed, he clearly understands the Federal Reserve creates monetary disasters. Is it any wonder that the Elite and its Soldiers made sure he never became President?
Plain and simple, paper money allows the Elite and its cronies to live at the expense of productive men and women. Plus, its easy-money policies help spawn global interventions that lead to an all-out war. The Fed confers incredible monetary benefits on members of these power-mongers. Of course, the rest of us suffer the pain of diminished purchasing power, a possible dollar collapse and global conflict.
Mr. Monopoly
For members of the Elite, war is a profitable enterprise…and that’s why you suddenly hear about “the war” against the Coronavirus Pandemic. According to Cabal Times, the legendary J. P. Morgan (who is believed to represent the mustachioed Mr. Monopoly in the Monopoly board game) realized the limitations they faced in the Western world.
Speaking of Monopoly, I love vanquishing my opponents by buying up choice property and bankrupting them. Of course, who doesn’t love Boardwalk and Park Place. However, I chisel away at them with the cheapest properties, Baltic and Mediterranean Avenues. Putting hotels on those properties guarantees you a good income—nothing like monopolizing a corner.
Internationalism
You can see why the Elite and its Soldiers decided to expand outside the Western world by creating societies free of the limitations they faced in the West.
The fact remains…the destruction of nations and their economic systems hamper the profits of banks and major commercial entities. Still, short-term gains remain a powerful incentive for those with greedy ambitions.
Without the onerous Federal Reserve System…the US Government would have difficulty underwriting American military expenditures. Creating global conflict seems to be one of its favorite pastimes. You ever wonder why we seem to be involved in endless military excursions. You must realize that gold-backed money could prevent a lot of human misery. War, what is it good for? It’s good for lining the pockets of those who benefit from military conflicts. The rest of us suffer from death, destruction, a diminished standard of living…and the sword of an economic collapse hanging over our heads.
Let’s face it. The greediest members of the political and financial establishment (the Elite and its Soldiers) have repeatedly demonstrated that the American nation is a means to an end. Do you believe they give a “rat’s ass” about the sustainability of the American economy and the middle class’s well-being? Their attitude is the heck with us innocent citizens.
Anatomy of a Central Bank Swindle and a Global Economic Collapse
Wouldn’t it be wonderful if gold, silver and cryptocurrencies replace fiat currencies as a form of payment, a unit of account, and a store of value? Governments resort to unbacked money to fleece their citizens. With the help of central banks, they also engage in currency wars that eventually end in a global economic collapse.
You probably already know who runs governments and central banks…the Elite and its Soldiers.
Fact: The competitive devaluation of currencies races down the slippery speedway towards a deflationary collapse or a hyper-inflationary blow-off. Does anyone see a crack-up boom on the horizon?
*When a government through a central bank inflates the money supply, it causes artificial booms. All artificial booms divert production from the consumers’ most urgent desires into projects that rank lower on their values scale. In other words, inflation fosters malinvestments—projects that the economy can’t sustain. QE and ZIRP resulted in the newly created money going to maybe 100,000 people…who “live rather nicely” off today’s $100+ trillion casino.
In the end, there’s some justice as the boom suddenly transforms into a bust (the crack-up boom). Sadly, injustice occurs, when the rest of us suffer from a global economic collapse.
* The Federal Reserve and the Treasury Department’s merging doesn’t bode well for the average citizen.
Federal Reserve Enriches the Elite
A few timely questions with simple answers will reveal the anatomy of a central bank swindle. Let’s use the onerous Federal Reserve System as an example.
Who controls our money? The Federal Reserve System. Who directs the flow of the newly created money? The government and the Federal Reserve System.
Let’s face it, our government and the crooked Federal Reserve System work together to make sure the “right people” receive the inflationary money. I probably don’t have to tell you that Elite members and their Soldiers do not consider regular citizens as the “right people.”
Freedom relies on money that remains beyond the control of greedy politicians, special interests and banksters. Gold, silver and cryptocurrencies offer lovers of liberty hope for a vibrant personal and financial future. Yes! We can become Conservative Warriors for personal liberty and economic freedom.
The Gold Standard
Here’s a fact you can digest. The gold standard represents liberty, freedom, prosperity and a sound currency. According to the brilliant economist Ludwig von Mises “It was the medium of exchange by means of which Western industrialism and Western capital had borne Western civilization into the remotest parts of the earth’s surface, everywhere destroying the fetters of age-old prejudices and superstitions, sowing the seeds of new life and new well-being, freeing minds and souls and creating riches unheard of before.”
Incidentally, the establishment’s hatred of gold clouds their ability to think clearly—unless, of course, they’re devising new ways to swindle you. You’ve probably heard paper money enthusiasts call gold “that barbarous relic.” After Nixon closed the “Gold Window” on August 15, 1971…some establishment “quacks” predicted the price of gold would collapse to $5 per ounce. I guess they were a little off on their prediction. Of course, their hatred for gold forever clouds any possibility of logical reasoning.
Has it occurred to you the $5 per ounce claim might have been an attempt to convince us to accept the Elite’s paper money schemes? These parasites figure we’re all stuck in the Hive Mind Mentality, too dull to see a global economic collapse on the horizon.
End the Fed
Do you wonder how anyone can be stupid enough to believe gold would plummet to $5 per ounce? You know, when it comes to establishment economists, any claim of theirs probably rates as pure stupidity—so they may fall for their own nonsense. Don’t they realize their spurious monetary policies will cause a global economic collapse? Yeah, I’m with Ron Paul. Let’s End the Fed. In addition, along with free, competitive banking, we need the gold standard to slowdown the Elite’s greedy ways.
If Elite and its Soldiers create a New World Money and a One World Government, we can only hope we don’t receive a corrupted version of the gold standard…since the whole rotten system will stink of corruption.
Conclusion
You must survive the global economic collapse. For your benefit, we offer the Warrior’s FREE no-obligation e-book 7 Destructive Economic Illusions Conquered that will help you survive the destruction of our economic system. Knowledge is power when put into action.
Also, you can exist as an individualist or a cog in the State machinery. The Conservative Warrior proudly embraces individualism. The Warrior’s FREE no-obligation e-book “The Conservative Warrior’s Handbook” helps you do precisely that.
Also, it’s time to realize that Republicans will not save you and your loved ones. Most of its members sold out your individual rights for a pittance to retain their power. Recent events confirm that 100%. And, of course, you know that the Democratic Party is too far gone for hope. The Two-Party Political System’s corruption will destroy everything we value and cherish unless we do something to stop it.
If you want to enjoy personal liberty and economic freedom…and reclaim your individual rights, you should consider supporting the Conservative Party USA. With your help, we can restore the values that made America the greatest country on earth.
Robert Meyer
National Managing Editor
Conservative Party USA
P.S. We recommend that you access the Political Action Course.
