It’s NOT even about Bitcoin; It’s about Freedom! The storm is on us, Prepare
It has come to our attention. That the theme of central bank fraud or the fact that all central bankers are fraudsters needs to be discussed! Too many Americans do not understand this! The central bank is behind wars, homelessness and hopelessness, It is behind corruption in governments, corruption in non government organizations, the wealth Inequality or wealth divide. Generation Z and the generation after them will grow up with the worst wealth inequality in US history. As the inflation rises, which means the buying power of the dollar is collapsing. The wealthy who are invested in appreciating assets like Real Estate, Art, Gold, Silver, and Bitcoin will be fine. Those who have no wealth to buy these assets will suffer greatly. This is the wealth divide, and it is ugly. Below is a comment about the central bank, and what they are able to do about this buying power collapse. That seems to be a better term than “inflation”. A buying power collapse better describes what inflation really is:
Miles Guo is a Chinese conservative who is anti-CCP. He contributes content for Steve Bannon’s War Room Pandemic Podcast. Here are his comments on GETTR regarding economic conditions in China. Real Estate is collapsing there. Construction companies and interior designers are NOT getting paid. We expect this to hit the US at some point in the future. Click here to view his post.
The problem which has been brewing since 1971, is the Fed Funds Rate (FFR) hits peaks when inflation becomes unmanageable. Then, a recession ensues, FFR collapses, as the Federal debt climbs. In 2014, Federal debt passed GDP. Now, Federal debt is $30.4 trillion while GDP has dropped to $24 trillion. To make matters worse. The FFR is now only 0.8% which means it does not need to fall far to go negative as it has in Europe. In addition, Fed reserve balance sheet is $8.9 trillion. The Federal reserve cannot raise rates that much longer or higher before serious harm unfolds to the equities market and the housing market. We see it in China already. This is a global problem. Below is the chart to let you visualize this:
Below is a Charlie Bilello tweet, about 5.25% 30 year mortgage rates after a 29.6% increase in the average home purchased, year over year since May 2021. How much longer can the housing market stay afloat like this? Click here to veiw on twitter.
The next tweet below, shows how the US confiscated an Iranian Oil Tanker and transferred the Crude Oil to another Tanker bound for the US, click here to view on twitter.
A major reason why food shortages, Oil shortages, raw material shortages are happening is because this slows down the velocity of money. The slower a dollar is spent in the US, or anywhere, the more it delays bank runs, and bank collapses. The pandemic, raw material shortages, inflation, and the wealth gap are all the result of private central bank intervention in nation states money supply globally! The more they need to print, the more intervention and manipulation is required in markets to keep the banks solvent.
Fractional reserve banking creates money from nothing, lends out more than what was printed, and charges interest on what was loaned. It is impossible to balance it to zero. Furthermore, with fractional reserve banking, commercial banks can lend out 10 times what they have in reserves. It led to the 2008 financial collapse, and this is happening again. The only difference is this time, the US has $30.4 trillion in federal debt, back in 2008 that was only $9.2 trillion! Below are some Thomas Jefferson quotes about central banks:
“If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.”
“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity under the name of funding is but swindling futurity on a large scale.” –Thomas Jefferson to John Taylor, 1816. ME 15:23
Ever since the US lost the peg to Gold as the backing for the US dollar. Inflation has become an increasing issue. In future years, hyperinflation will become the issue. Not by the Fed’s definition (50% per month), but by our definition (50% per year)! The dollar losing half it’s buying power every year would be catastrophic, even if the Fed will not call that hyperinflation. This is coming and sooner than most think. Hence the real need for Bitcoin. It is our lifeboat! We believe Bitcoin will dump from this consolidation eventually. Later this summer, it could hit $14K to $15K! Sad to say that, but, this recession is real and it is coming for all of us. It’s time to prepare! Neutral ATM has sold other assets (not Bitcoin), and are ready to buy the dip. We don’t know where the bottom is. It will come, and whenever that is, we will be ready! We are not financial advisors, and this is not financial advise. Prepare, what is happening financially in China will make it to our shores. Credit and mortgage backed securities will have to be dumped by the Fed. They own 38% of all treasuries in the US. This is a debt crisis, worse than 2008. Remember, Bitcoin will be the lifeboat that floats us out of this when that time comes. Until then, prepare!
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