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---- 21-06-01 The short Why is we are running a huge balance of payments deficit. We are broke. Japan & Germany have negative i rates, but they both have large balance of payments surpluses which enable them to use a portion of their profits to subsidize cheap domestic interest rates and consumption. Our banking system by law requires any loan(asset) to have an offsetting liability. Once a lender via a Reverse Repurchase Agreement is not paid their costs via a positive i rate; then they must sell another asset(IOU) to cover their loss. This sale instantly comes off the Monetary Base, contracting the actual money supply and must instantly result in an increase in interest rates. This is actually what we are seeing today in the Dollar & Bond markets. CONCLUSION The Fed has panicked and Modern Monetary Theory is now revealed to be a printing press. We are not Zimbabwe, Argentina, nor the Wiemar Republic. They did not have outside currency holders. Ergo, the USA is bankrupt and thinking we get to borrow 5-6 trillion dollars more this year so we can live high off the hog and pay people NOT TO WORK is not going to happen. There is an enormous amount of graft and corruption in present Govt spending. Once high i rates force us to reconsider who we are subsiding, we could try electing some people who give us an honest government and eliminate the Federal Reserve, a private bank whose governors are now criminals. Last edited by Dan on Tue Nov 08, 2022 8:42 pm; edited 4 times in total All times are UTC |
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Proof E-Ts do secret business with USA govt. Sirius Disclosure Project Eyewitness evidence USA Govt. does face to face E-T contacts. e.g. Over 800 USA govt witnesses who swore publicly before Congress they dealt face to face with E-Ts. This climate url shows why much of our scientific establishment is corrupt. Why rising CO2 levels Can NOT cause global warming. Cimate Fraud Whistleblower Rewards Program These links deal directly with How to Prevent our Sun from exploding. How do we prevent our Sun from exploding July 16, 2024 How to find the two conjunction asteroids shown in the "Missing Earth" crop circle. This math is required.
How to use a circle to relate 'e' to Phi.Confirming objective reports.
National UFO Reporting CenterCrop Circle Connector 2-4-2017 Needed A-M debt Disconnection Tools, Measurements & Must Do's HOW can we get these tests DONE? Contact Congress The Latest Changes Made To Site Visitors
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