henrymakow.com – March 1, 2021
“They want an economic disaster,” says Brandon Smith. After creating an inflationary bubble in the 1920’s, the Fed engineered the Great Depression by raising rates. Brandon Smith thinks this game plan may be repeated in order to impose a permanent globalist lockdown and a digital world currency.
“The only unknown at this point is how they will go about their sabotage. Will the central bank continue to allow inflation to explode the cost of living in the U.S., or will they intervene with higher interest rates and allow stock markets to crash?”
Stagflation Subterfuge: The Real Disaster Hidden By The Pandemic
by Brandon Smith – (abridged by henrymakow.com)
…Inflation or deflation?
The central bank has created a Catch 22, and many (including myself) believe that the Fed has created the conundrum deliberately.
All central banks are tied together by the Bank for International Settlements (BIS) and the BIS is a globalist institution through and through. The globalist agenda seeks to trigger what they call the “Great Reset,” a complete reformation of the global economy and capitalism into a single one world socialist system… managed by the globalists themselves, of course.
In my view, the Fed has always been a kind of institutional suicide bomber; its job is to self-destruct at the right moment and take the U.S. economy down with it, all in the name of spreading its cult-like globalist ideology.
The only unknown at this point is how they will go about their sabotage. Will the central bank continue to allow inflation to explode the cost of living in the U.S., or will they intervene with higher interest rates and allow stock markets to crash?
Either way, we face a serious economic crisis in the near future.
The next crash will make October ’29 look like a flat payday. It will end the west as a political and economic power. Like the Fall of Rome it will be the end of an epoch. The third world awaits us.
Technology is a game-changer. Total surveillance, digital currency, mass media and mass vaccination, it’s all there. Do they now really need something as crude as an economic crash to bring in the world state?
Okay, I’ve only read what is visible. They can raise rates, but that puts most sheeple & many businesses underwater. Hyperinflation is often thought of in the tens, the fifties, and the hundreds of percent. Many are paying high rates on their cc’s and bank overdrafts, but if base rates hit 10%, that would lead to huge cc and OD rates. So 10% or thereabout is really contemporary Western hyperinflation.
We’ve been in a deflationary spiral for 20 something years & they compensate for this, and some more by rigged the official inflation numbers. So as products, services, and wages get lower, wages through inflation they negate the deflationary spiral.
I was posting comments on the BBC Today forums in 2001/2/3 about the coming designed financial collapse. I having living witnesses to this & I know how they collapse certain banks… all by manipulating trading screens. The 2008 collapse never ended, there’s been no real recovery. They started the collapse in the late 1990’s, so we are over 20yrs into this period.
Debts, personal, corporate, and state, having growing since the late 70s and then took off after 2008. In early 2019 there was another banking crisis, so the US Fed started pumping $100 billion into the financial plumbing. We don’t know for sure which banks were in trouble, but they could be anywhere in the world, so Deutsche Bank could have been saved. All these banks must be viewed without borders. If one bank collapses, it could dominoe.
The problem with predicting what will happen in the future is that we’ve never been here. I had no financial prejudices, so it was easy for me to see what they were planning in the late 90s. The US had the opportunity to reset its economy after the dot-com bubble popped, but they wanted their sham war on terror and phony wars & they clearly wanted to crash the economy.
You have to keep in mind that MI6 and the CIA are hardwired into the financial centers/markets, so they are okay with whatever is going down or up. lol The three-letter agencies did NOTHING to stop the 08 collapse. So you when things happen, they are planned & to confirm this, most financial organisations hedge all their risk. Can sheeple hedge their risk? Don’t be stupid.
Plenty go on about a global currency, or the ‘world government’, or the great reset (lol), the fact is, they have all the controls. They don’t need a world government, they don’t need a global currency as such. They are much more likely to move to a basket of currencies. For a start, China DOES NOT WANT TO REPLACE THE US dollar, look what it’s done to the US? The US is a dysfunctional bankrupt basketcase of a country where its corrupt elites are now making the US as TOO BIG TO FAIL. The bankrupt UK is trying to do the same thing.
We are in nutjob land, run by nutjobs. In the 90s & early noughties, you still had some semblance of economic data. We don’t have that anymore, so very tough to working which direction HMS New World Order is heading.
Not reading a comment with “sheeple” in it, Carl Jones.
Hi Carl,
Since when has a society based on usury even been steady state? It’s mathematically impossible for the debt to be ever paid off (though it could be extinguished). The elite may well have a policy of crashing the economy but I suspect they can only influence the timing.
The central banking system is a massive scam, an enormous parasitic blood-sucking crime. Usury and compound interest are demonic abominations which must be outlawed. And allowing THE most obscenely avaricious parasites ever vomited out of Satan’s asshole, Jews, to be in control of the system has been suicidal insanity. The Great Reset we really need is complete destruction of this crime and the forced impoverishment and excruciatingly painful public executions of those behind it.
Lewis Jones: I can’t deal with your problems. As far as this forum is concerned, you still have choices.
Paul Hamilton: “Steady state”, I don’t think I said that. I said that before 2008 and as far back as the late 70s, there was some semblance of economic rationality, as in the fact there were some economic rules at work. I’m not saying these were real rules, but these were rules touted by various regimes and the fake news as a baseline. Since 08, we’ve been in la, la land. There are sound reasons to have a fiat currency, having said that, I and many others didn’t expect such cataclysmic fraud to take place. Money or currency is just a ‘medium of exchange’. We moved away from barter and gold because economies just got too big, too complex. Bitcoin so say offers the same system in a digital format that can’t (allegedly) be corrupted by the banks… we will see.
You can deal with them, CJ– you can say “sheeple” when you mean the plebs who refuse all political knowledge, and not as a synonym for “people”. I strongly resent the misuse of our language, because it destroys it.
@ carl jones
“They started the collapse in the late 1990’s, so we are over 20yrs into this period.” Yep, you are right again. The only thing is that it was in the 1990’s that they had to greatly accelerate the crash process to meet effect their 1992 UN Agenda timetable. The deliberate process started in the late 1970’s with open trade with China using our investments and markets without any checks on trade deficits which they knew very clearly was not an economically sustainable process and which they had no intention whatsoever of rectifying.
For more control control of the new industrial globalism unleased with technological development and the tremendous outsourcing from the West of capital, know-how and entire industries beginning in the 1970’s, the “sustainability” agenda began in those 10 of 15 years before the 1992. Agenda 21 is in fact the globalist (mainly Western-based) corporatocracy agenda for centralized control essentially made up of the international banking and financial cartel, our central banks, our governments, and major corporations, with a lot of thinktanks, universities, societies, major NGO’s, and unfortunately my Church in tow.
Most people today still sucked into the centralized-control justifications of the globalists, think the history of how we got to this stage is irrelevant, and what they end up doing is thinking that the sustainability perils are all justified and the solutions of this corporatocracy are so very balanced and “necessary”. However, none of them really are. The main argument sustaining the justifications of so many of the sincere people in power thinking that huge restrictive measures are necessary, is not the bogus CO2 climate change one, but rather the general picture of the future painted by gurus from such places as Harvard University who are instruments of the same money power. Their fudged modeling does really factor in the rate of technological development which would facilitate any decentralized controls, but only technological centralized controls to save us from the perils of our unsustainable life styles. “My gosh,” they say, “if the entire world were to live the way North Americans do, with multiple cars, large houses, hundreds of gadgets and appliances, and gluttonous appetites, all the resources would be eaten up in a fortnight, and everyone would suffocate in pollution and their own excrement.
I can tell you that on the basis of great deal authority, and with utmost confidentiality, that my very good and personal friend Pope Francis, together with most of the prelates in the Vatican, have been totally taken in by this outlook regarding the profligacy of the West, in comparison to the poor people in the rest of the world. In fact, the views of the good Francis have been constantly sustained with Canadian-made, hockey-stick graphs from his personal confidant and advisor, Jeffery Sachs of Harvard University, a man who has never even held a real hockey stick, but as an atheist has been very good at stick handling his way through the twists and turns of the Vatican. He has exhibited with great unction the terrible ecological and social inequality apocalypse which will most certainly befall us all, unless we immediately mend our ways and submit to all of the totalitarian, centralized, economic, financial, technological, social, and political controls designed for us by the ruling corporatocracy, which pays him.
Seeding influential minds about inequalities and sustainability issues in the 1970’s and 80’s, little did we realize that such concerns would end up as tools in the hands of the most vociferous of economic predators the world has every seen, which they have used to justify the manufacturing of not only more fake Canadian hockey-stick graphs on environmental issues, but fake science with tens of millions to our universities to create and exaggerate a host of environmental and resource sustainability perils.
Vast profits were made by the international globalist investors with free trade and their concerns for sustainability of the environment, and sustainable development did give them a pseudo moral high ground, in a world shrinking constantly with improvements in transportation and communication, all of which the globalist corporatocracy was intent on controlling along with finances, resources, development, trade, politics, our laws and our personal morality. But why would they want to crash the Western economy as advocated by arch architect of this New World Order centralized-control Agenda, Maurice Strong in the 1970’s? It all came down to the contempt of the mindless and easily manipulated sheeple, and those ugly middle-income, bourgeois, capitalists, patriots, and populists, who thought that their freedom to exercise their ingenuity, thrift, incentive, and hard work had something to do with creating real wealth, which of course was absurd, for we all know that it is only top-down, totalitarian regimes like China, spawned and by the two great predator banking dynasties of the world, which are the source of all real wealth. Unless the economic rug was pulled out from under the West it would never be a willing participant in their global vision, nor would its people come down to the level where they actually belonged, using only their fair share of the land to be allotted to them, as will as the available food, the rest of the natural resources, and the debased currencies bestowed on them.