- Jun 2, 2017
The only thing that people like this should own is several rounds inside their dome for attempting to doom humanity to poverity and servitude.
But as the late Frank Zappa once said, communism don't work because people like to own something.You will be happy ...
It seems like we are in a period where everyone just moves in the opposite direction of what they have been. Where Klaus Schwab says you will own nothing and be happy, those in the former communist states of China and Russia never saw it that way. Ironically, the land that is becoming more free compared to this attempt to redesign the world in the image of Schwab’s dreams, are the very places that Marxism was embraced.
The fake news was predicting that Brazil’s September 7th Independence Day, was going to be marked by widespread violence and even a January-6-style assault on federal buildings. This was all going to be led by Brazilian President Jair Bolsonaro and his followers who are against the Great Reset. There were protests throughout Brazil, but they were generally peaceful, with few to no reports of violence. The Great Reset crowd was not successful in overthrowing Bolsonaro, which by the way he has rejected Pfizer telling them he will not mandate any vaccine or even encourage them when Pfizer refuses any responsibility for any harm it causes people.
The Federal Reserve held its September Federal Open Market Committee (FOMC) meeting last week. While there was a lot of talk about the central bank tapering its quantitative easing program, the Fed didn’t announce any concrete plans to slow asset purchases. The lack of concrete action was no surprise to Peter Schiff. After the Fed meeting, Peter appeared on NTD News to talk about it and the Fed’s apparent reluctance to take any concrete steps toward monetary tightening. He said the central bank is in the process of replacing America’s economic foundation with a money printing press.
The NTD News anchor opened the interview asking “what is the Fed afraid will happen if it does taper?” Peter said the Fed’s asset purchases are propping up the entire bubble economy.
If the Fed were to actually do what they’re talking about doing, they risk toppling the economy because they’re going to pull the foundation out from under it, which is why they only talk. They don’t actually act.”Peter said despite their inaction, the central bankers have to talk about tightening or they would face an even bigger problem.
Peter made another important point: tapering is still quantitative easing.People would realize the severity of the position that they’re in. So basically, they continually bark about tapering but they don’t actually bite.”
The Fed claims QE helps meet the central bank’s employment goals. But how does buying US Treasuries and mortgage-backed securities help people find work?It’s not like they stop doing it. They’re just saying, ‘We’re going to do a little less of it,’ and they’re saying that they’re basically never going to raise interest rates because that’s supposedly what happens after they’re finished tapering. But that’s ain’t ever going to happen.”