On Inflation and CBDC's

My PM of the day, WRT to inflation scenarios:

“Recall I said a while back there were only three possible scenarios with high real price inflation: Fed raises rates until they are higher than the real inflation rate, and keeps them high until inflation dies down, Fed “pivots” and goes back to easy money for banks and government resulting in persistent high inflation for generations, or Fed continues to raise rates while stealth printing money for the government and to backstop BK banks, resulting in the worst of all scenarios. In the first, interest rates go to 17-20%, like in the 80’s, and nobody can service their debt, including the government, resulting in economic and dollar implosion. In the second, inflation kills all but the very richest, and the dollar collapses as international commerce can’t sustain a currency that’s losing 15-20% of its buying power each year. In the third, you get the worst of the second and the first, resulting in the death of the dollar and the economy.

This is all deliberate. All inflation is due to overprinting of the currency. That is the textbook definition of inflation. Price inflation is a downstream effect of that, where the currency loses buying power against goods and services. This is not new. It’s well understood. And the Fed and international banks did it anyway, acting on orders from the privately owned Bank for International Settlements in Basel, Switzerland.

An inquiring mind might wonder why central banks around the world would lower rates to where the banks that are first in line for the money could basically get it for free, and lend it for virtually nothing to their crony corporations and mega-consortiums like Blackrock and State Street, et al.

One reason might be because all those banks and organizations were BK after 2008, and it’s taken 14 years to get them whole at the expense of taxpayers, pension funds, insurance companies, and savers. Another might be so the recipients of all the free or nearly free money could buy up the world’s assets, anticipating that when it all collapses, as it must from a mathematical standpoint, they would be rolling in cash with which to scoop up assets for pennies on the dollar, as well as insulated from currency collapse by their hard asset portfolios. Sort of “we own everything now, but we did it fair and square” approach.

Whichever, and they are by no means mutually exclusive, I see no way the dollar and US economy isn’t dead man walking at this point, as is the euro, the yen, the pound…basically, all fiat currencies.

Having anticipated this, the central banks, or rather the owners of the BIS, want to jam Central Bank Digital Currencies (CBDC’s) down the planet’s throat so they can remain in absolute power, with humanity virtually enslaved to them and their utterly worthless digital currency – with no way out. That’s why the war on cash. They want you to have no choice but their currency. The unelected gang of bankers who have preyed on humanity for centuries are making their ultimate power play, and most are completely unaware they’re at war with these predators.

So that’s what this is all about. We’re in end game. They must prevail, or take a huge hit to their lock on the planet. And they play to win. Thus the full spectrum war on humanity via pandemics, kinetic engagement, propaganda, destruction of social norms, etc. It’s them or us, and they understand there are far more of us, thus we must be tightly controlled lest they lose their parasitical grip.”