MANNARINO: You Are Being Scammed, Robbed Blind and it's About to Get Much Worse
Despite the current propaganda campaign against us, the fact is this; the world economy is contracting at its fastest pace on record
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By Gregory Mannarino, TradersChoice.net
Let’s start off with this.
Today, more than any other time in human history, NOTHING is what it appears to be.
Lies, distractions, and every other conceivable manner of deceptive tactic is being weaponized and applied to keep an unknowing public in complete darkness as to what is happening to them.
CELENTE: IGNORANCE IS BLISS WHEN IT COMES TO THE GLOBAL ECONOMY
The system, THEIR SYSTEM, has been twisted into an in our face nightmare state for the middle class. A psyop, an extreme counterintelligence sabotage de-construction propaganda scheme on an unprecedented scale.
A key component of their system, of which we are all FORCED to participate, LEGALLY REMOVES wealth/ownership/liberty and freedoms from the masses and pushes it right up to the elite class.
Does that sound a bit harsh? It’s time to wake up, as a new phase is about to begin.
Despite the current propaganda campaign against us, the fact is this; the world economy is contracting at its fastest pace on record, while at the same time, central banks are hyper-ballooning not only world debt, but also the currency supply/monetary base.
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This mechanism is deliberate, moreover, it is designed to INCREASE demand for more central bank issued notes. As the currency loses purchasing power/is devalued, MORE CURRENCY MUST BE CREATED as it now takes more central bank issued notes to buy everything and anything.
Obviously, this process is massively inflationary, but it gets worse. Just this past week the Federal Reserve announced that it is about to cut rates beginning in September, effectively instituting a quantitative easing monetary policy.
Quantitative easing/QE is emergency monetary policy.
It was this same monetary policy/QE, which was implemented during the stock market crash of 2008. QE greatly inflates the debt. QE introduces VAST amounts of “new money” into the system, and this new money is then used by the issuing central bank, in this case the Federal Reserve, (which is neither federal and has no reserves), to buy back or monetize the debt.