What
a wild ride 2016 continues to be. The good news is that people continue
to wake up in droves and it’s causing even the most highly
indoctrinated to question the ‘beliefs’ they’ve been ‘designed’ with.
Even the official 911 story is finally being questioned by those who
never did their proper research, thanks to the recent Saudi Arabia
debacle.
On the other hand, the shift is really hitting the fan. Examples include:
- banks finally admitting serious fraud (such as money laundering and precious metal market fixing);
- a culminating European refugee and banking crisis;
- massive Australian and Chinese ‘private-debt’ and ‘housing’ bubbles;
- increasing geopolitical tensions in the Middle East;
- amplifying earthquakes and volcanic activity along the ring of fire; and
- concerns over an escalating WWIII scenario, to cite but a few.
The list goes on and on.
Economic Collapse Vs Stagnation
Over the last several years however the
primary concern is in regards to our failing fiat monetary system and
the death of the US dollar (and the petrodollar). This really culminated
mid last year and has only gotten more serious since, however the stock
price manipulators (Plunge Protection Teams, corporations buying their
own stocks and Central Bank activity) have been propping up this asset
class which has recently given us the appearance that ‘everything is
okay’.
If you’ve been watching, you would have
noticed the global stocks have been bipolar in their behavior, crashing
one month and high on life another. There has been a triple top in the
US markets, which has some alternative economists and commentators
calling the inevitable failure of the manipulation, because the house of
cards is just too unstable.
Simply, the view in the alternative
community is by far focused towards the slow death of the current
western fiat system and many are stating that major changes will be happening in the very near future.
Considering that the fundamental
or ‘main-street’ economy has continued to whither away, the global
economic situation is simply nowhere near as great as we’ve been led to
believe by the oligarchical-controlled media and the recent rise in
stock prices. For example, Brazil, Russia, Canada, Venezuela and other
national economies in recession, depression or experiencing
hyperinflation are indicative of what could soon be a harsh reality
throughout the rest of the world.
It is likely by mid 2016 it will finally be
official that the US has been in a technical recession, even with their
manipulated GDP and other data. Regardless, the global economy is
clearly in a deflationary cycle. If this bottoms out in a global
economic depression like that of the early 20th Century, then
hyperinflation will likely occur across the world, just like it has in
Venezuela.
However, in an interview with the notorious
Professor Steve Keen a few weeks ago (embedded at the end of this
article), he stated that they could keep this system going at a
painfully stagnant rate, just like they have in Japan for so long.
Others ferociously disagree with this analysis, particularly because of
the massive derivatives bubble and other factors that didn’t relate to
Japan’s situation all those years ago.
Steve admits that he isn’t an expert on
derivatives; he focuses on private debt levels. So given he is an
“anti-economist” in his own words, which means that he debunks the
Keynesian approach to economic design, he is in the alternative camp
with others who see the failure of our current economic design, which
illustrates the internal division on what will happen and how to move
forward.
Gold Standard Vs People’s Fiat
Steve also believes that going back to the
gold standard is not the answer (where all currency is backed by gold).
Given its failure in the roaring 20’s and the depression of the 30’s,
his point may very well be justified. This view is also supported by
Bill Still, who was recently interviewed at the SGT Report:
"Many in the sovereignty movements believe in
going back to the gold standard, but have they really considered the
other option? The alternative potential is for the government (the
people) to capitalize on the power we have to create money out of
nothing. First, we must take away the illegitimate power of private
banking institutions to do it, including all private central banks, and
then legislate it to be done by the government solely for the benefit of
the people and the environment."
As one example of a policy package already designed to achieve this, a political party in Australia
has proposed two economic policies which ensure that the Government
retakes its power to create an honest money supply, as well as guarantees
that the multinational corporations pay their fair share in tax.
First is their monetary policy
which stops private banks creating money out of nothing and ensures
that the government creates the $120 billion needed each year to ensure
that the debt which is repaid to the banks, as well as population
growth, doesn’t result with deflation. This money will be immediately
invested into asset-backed infrastructure, which embarrasses the $1.5
billion averaged each year for the last decade or so. The difference is
staggering and would result in huge projects like high speed rail and
pipelines built to green parts of the desert.
Second is that all taxes are to be removed (except import and export taxes) and replaced with a 2% debit-transaction tax.
Given there are tens of trillions of dollars that move through the
Aussie economy annually, all up these two policies would generate more
than double the revenue currently received each year, with businesses
and individuals only paying 2% tax. This is compared to up to 50% or
more that some working class people pay when you include licences,
registrations and taxes on land, fuel, alcohol etc etc.
These are truly revolutionary policies which
deal with the toxicity and inequality of the system we have today, and
coupled with their approaches to education, health, medicine, natural
resources, environment, energy, permaculture, pensioners and many
others, they should be immediately considered by political and community
representatives from all around the world so that a mainstream dialogue
can subsequently occur.
Helicopter Money
Further to the idea that the monetary ponzy
scheme instituted by the oligarchs will be kept alive for quite a while
longer, it’s important to consider that many truth-seeking economists
and analysts were saying that the system was going to break before
Quantitative Easing (QE) was invented after the great recession of 2008.
Then QE came along to save the economy from a deflationary implosion –
so the puppeteers could once again do something similar given the
current contraction in the global economy.
A quick fix they might utilize to
re-stimulate the economy is QE for the people, or helicopter money. What
this means is that instead of creating money out of nothing and
injecting it into the finance sector (QE), it is injected into main
street (or all our personal bank accounts). This would need to be a
coordinated strategy done by many governments of the world so that it
doesn’t cause hyperinflation, and this money must be created by
governments so that there is no debt attached to it.
It also should be used to pay off personal debt, whilst those with no debt can spend it into circulation.
Even if they do use this approach, the fact
still remains that we need to do something comprehensive about this
complete economic failure because the mainstream economy has been
suffering for a decade now, and arguably longer.
For example, we should
not take the official unemployment rates seriously; the amount of people
struggling to survive because they are either underemployed or have
given up trying to find work is staggering. Poverty, homelessness,
mental health issues and addiction is increasing all over the western
world, whilst the middle class is rapidly shrinking.
These issues are a direct result of the
unethical power that the shadow order has. Its a hard pill to swallow,
but the system is designed to favor the banking and transnational
corporations that control both our money supply, and our mainstream
media. The disappointing aspect is that most politicians, media
personalities and other famous social commentators have no idea of this
fact, so its no wonder that they sound convincing when they spray
misinformation which does not speak to this fundamental truth.
If they do understand it and choose not to
speak up, then they will not be on the right side of history, nor do
they have the courage and ethics to truly represent the needs of not
just the people, but our natural systems too. We need real leaders who
are prepared to make personal sacrifices in the name of truth, honor and
sovereignty, not ill-informed or complicit mouthpieces of the social
engineering agenda.
What Next?
So what will happen in terms of the global
economy? It appears its anyone’s guess. Unless of course it’s a
controlled demolition, then there are some who would know. There are a
few voices saying the fundamentals are just too weak to keep this ponzy
scheme going for too much longer and that the result might be a return
to a gold standard just like the Eastern World appears to be preparing
for with their gold accumulation and the Chinese creating a mirror to
the London gold fix.
There are others however who say that the
powers-that-will-no-longer-be will try to manipulate this system to
survive until at least after the US election so they can get Hillary
into power to maintain their goals of a one world government and a one
world currency.
The US Election
The US Presidential Race is an absolute
circus, especially because the delegates system is rigged, as is the
electronic voting system which will be used as a fail-safe. Trump
appears to have little policy substance, as well as a bigoted energy
which is creating a lot of division, however he does speak some truth
and hints towards taking the power from the Fed to create the US money
supply (he says he will pay off the national debt in 8 years which is
the only way he could do it).
Bernie is arguably the representative with
the most truth, particularly around the unethical and illegal union
between Wall Street and the US government, however his policy approach
is considered by the free market advocates as one that will destroy the
economy and issue in a socialist ideological framework. The latter is
quite ironic actually considering we have had socialism for the rich policies for quite some time now.
In any case, as these two candidates appear
to be anti-establishment, even with their alleged shortfalls they are
clearly the best options.
That’s because on the other hand Clinton is
an absolute criminal, a puppet for the establishment and a war-mongering
psychopath. It’s unbelievable that she’s even allowed to run for
President, so if she gets in (which is clearly the plan) then I hope
that the American people will finally stand up and take back their power
like they should have done a long time ago.
Don’t believe my word though; watch Abby Martin’s expert breakdown to understand who the real Hillary is:
Final Thoughts
Whilst the world wakes up, the world falls
apart, and that’s a good thing. With more personal reasons for people to
search out alternative information, this amplifies the crash of the
matrix of control. Ultimately, we really have an unprecedented potential
to emancipate ourselves from the economic and ideological enslavement
that has characterized the hierarchical system since the conception of
civilization.
Unfortunately however there is disunity
within those who have woken up to the shadow power structure and the
control system that has been established to maintain it. The truth we
should all remember though is that we can disagree all we want about how
to move forward into the short and long term future, but as long as we
recognize the two primary mechanisms for control – namely the money
supply and corporate media – then we have a space for uniting in action.
Then, we should remain open to the fact
that we’ve all changed our views over time and that we’ll most likely
continue to do so as we personally and collectively evolve.
In addition, the following interview is with
Steve Keen. He explores the stagnation of the global economy and the
bubbles in the Australian and Chinese debt and housing sectors, as well
as the legitimacy of the Australian Sovereignty Party’s policy approach to the dishonest money supply and the tax evasion by big money. Enjoy and please share.
ABOUT THE AUTHORPhillip J. Watt lives in Australia. His written work deals with topics from ideology to society, as well as self-development. Follow him on Facebook or visit his website.
Image credit: http://newheritagecommunity.com/
The article is reproduced in accordance with Section 107 of title 17 of the Copyright Law of the United States relating to fair-use and is for the purposes of criticism, comment, news reporting, teaching, scholarship, and research.
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