Jeff Nielson: It is understandable if many readers choose to view the current financial nightmare concocted by Western bankers as an “economic Hell”, however it would be only a moderately appropriate metaphor. To truly capture the quality and severity of the economic conditions confronting the average person requires adjusting that metaphor to the notion of Twin Hells.
There are clearly two prongs which have been crafted by the banking cabal (via our Puppet Governments) which they use to skewer their victims, what has been described in previous commentaries as simply the Rape of Savers. The “high inflation” caused by wildly excessive money-printing (most-particularly in the U.S.) is obviously one of those Hells.
This theft-by-currency-dilution is as obvious as it is appalling. Currently the One Bank’s “Wall Street division” receives approximately 10% of U.S. GDP each year in literally “free money” – printed by the Federal Reserve and then handed to the Wall Street banks. These Big Banks are then allowed to “leverage” this free money (legally) by up to 30:1 (and illegally even further).
This “leverage” is accomplished by these fraud-factories effectively being allowed to all “print” their own money. Now do the math: 10% (of GDP) X 30 = 300% of GDP (every year). Can anyone see a problem here? In the perverse fantasy-world known as the “U.S. CPI” (and now virtually duplicated by other corrupt Western governments), we’re told that inflation is very low – even “too low”. Meanwhile, back in reality a “food inflation crisis” already ravages the Planet Earth.
Hyperinflation is being delayed through the One Bank simply building a much bigger time-bomb. Most of the mountain of free money handed to it by the U.S. central bank (and the European Central Bank, and the Bank of England, and the Bank of Canada) is used for its own gambling in its private casino: the derivatives market – and is thus (somewhat) sequestered from the so-called “real economy”.
With the Derivatives Bubble already somewhere in excess of twenty times the entire global economy in size; the “fuse” on the Banksters’ hyperinflation time-bomb has already burned critically low. But that’s only one prong.
The other prong, while less overtly malicious is just as insidiously destructive: 0% (and near-zero) interest rates. High inflation by itself is merely an “assault” on savers. In legitimateeconomies, high inflation is always accompanied by high interest rates; allowing Savers some capacity to fight-off this assault.
But with the One Bank’s fraudulent 0% and near-zero interest rates across the Western world, instantly assault becomes “rape”. With no cushion of interest (on savings) to deflect the savage assault on our wealth via high inflation, theft-by-currency-dilution is maximized – to a level never before seen in human civilization.(...)Click here to continue reading the original ETFDailyNews.com article: Western Real Estate Bubbles ExposedYou are viewing an abbreviated republication of ETF Daily News content. You can find full ETF Daily News articles on (www.etfdailynews.com)
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