Rothschild : Best And Worst of Times

The Rothschild Family are known in caricature as the Midas Family. Everything they touch turns to gold. Aristotle quipped, "...Midas died of starvation..."The implication was one can't eat food that turns to gold in your very hand. With a sunset of fiat money in view what will happen to the Rothschilds? They never had more money because of the drunken central banks around the globe but it comes at the expensive tab of a massive bubble. You see fiat money isn't gold.The Rothschilds are in actuality an extension of fiat money. Cosequently they are a fiat family. Barter will succed fiat money. Any individual personal abilities of the Rothschild Family that they can offer for lifes necessities? Buffett has the same problem.

Federal Reserve Fiat Money And Tissue Shortage.

The Fed announced this morning trillions of new money being printed to support the economy.We really don't have an "economy" we have a game of fiat money distorting reality. Economies live on skills and work. Fiat money nurtures fianciers. Rather nurture an economy . Rather give rodenticide to Wall Streeters. The fed printing presses have increased output to the point of exacerbating shortages in paper products which includes tissue paper.Finally filthy lucre works in a bartered society and a financial society. Truly fungible.This proves that paper is a better store of value than fiat money.

Federal Reserve: Solitaire Monetary Policy

This morning the Federal Reserve announced a clearance sale on all fiat money that it has left. It will only be limited to how fast the transaction can be completed. By the looks of it a contra party signature may not be required nor any one to sign for the delivery of money in spite of even Amazon's requirement on some Prime Accounts transactions. The money is coming with sirens and it will go through red lights. Actually that's not new. The Modern Monetary Theory has been ignoring economic red lights for some time.Heard of the Modern Monetary Theory? It's distinction is that deficits don't matter and fiscal discipline is cast aside. The Fed spawned the Modern Monetary Theory by it's quantitive easing after financial meltdown in 2008.The Fed created the bubble that now has collapsed and the Fed is trying to reflate with yet another QE. Simply. We do not have an economy in the traditional meaning. We have an economy based on Federal manipulation using fiat money. Our economy is now tied to a federal reserve game of solitaire that it cheats at. The fed claims to be independent of congress. That's another way of describing the fed as outside legal jurisdiction. That's a convenience enjoyed by congress itself. The fed covers up bad congressional policies by just printing more money.Congress and the fed do the devils work.

BITCOIN VERSUS MODERN MONETARY THEORY

Bitcoin is up $1,000.00 this morning. It's trading approximately at $12,850.00 . Some months ago bitcoin was trading in the $3,000-$4,000 range . So what's up? I think the implicit embrace of Modern Monetary Theory by Trump and his poodles at the Federal Reserve were the catalyst. When was the embrace? About a month ago-approximately May 8. Trump publicly dog whistled, so to speak, his companion dogs at the Fed kennel and told them that interest rates were too high. That was revolutionary.Ten years into an expansion, 3.6% unemployment and near trillion dollars deficits at federal level for this year and maybe into the future as long as we have a future and Trump wants more stimulus.Our fiat money is already laughable. We we give it away gratis to illegals just for showing up. We give it to homeless who don't buy toilet paper with it. We also start wars of choice with it.The theory behind Modern Monetary Theory is the governments monopoly on fiat currency is justified and by extension it's spending because it's confined to our democracy and all in our democracy deserve to participate in government spending. The only caveat is when inflation shows up the Fed must tighten. But what about all that debt at the federal, state, local, corporate and personal level that was created during the easy money stimulus? How will it be paid off with a tightening fed policy? All of these moving parts don't bother the technocrats at the Fed nor does it bother the Philistine Trump who worships at the liquidity altar.Investors are not buying it.And so goes bitcoin up in a ballistic trajectory. There's a social dividend to bitcoin. Bitcoin won't pay illegals, won't give assistance to homeless and bitcoin won't fund wars.

Cryptocurrencies Vs Quantitative Tightening

The Federal Reserve is implementing its well advertised shrinking of its $ 4.5 trillion balance sheet.At the moment the fed's drain amounts to approximately $ 20 billion per month.At the same time cryptocurrencies of all possible descriptions and functions are expanding their market cap at a faster rate. Lately a new normal month shows crypto's growing $ 100 billion in a month!Looks like a high noon event is shaping up. Will inflation result? Will the demise of the federal reserve and by extension other central banks result? Or will both learn how to coexist? Cryptocurrencies definitely have the appeal of potentially obviating government as we know it. For instance why pay taxes and fund wars if crypto's can subtract one's monetary footprint from tabulation?So what do we do individually? Buy gold? Buy guns? Buy puts on the S&P? Buy calls on the S&P first?

Federal Reserve Janet Yellen: Background & Prospects

Somewhere in Manhattan there is a Kosher deli that once employed Janet Yellen. She was hired on the spot for the top job at the Federal Reserve. She left so quickly that her umbrella is still there on the hook. In a better world, hopefully soon,Janet will be back at the deli almost indistinguishable from the dill pickles.The story goes that Baron Rothschild was in the deli ordering a pastrami and cheese on rye and was bemused with Janet popping her "P's" when she spoke.The baron thought two things.One if Yellen were Fed Chair it would be a potent example of the Jewish aristocracy pissing on what's left of our shabby culture . And two she would definitely make the baron look better in comparison.

Bitcoin, Ethereum & Federal Reserve

Cryptocurrencies Bitcoin and Ethereum are up 280% since the beginning of this year.As of today approximately $49 billion of Bitcoin and $36 billion of Ether are the outstanding valuations.Those figures are dwarfed by the approximately $ 4 trillion amount outstanding of the worlds currencies. That would be the folding stuff in our pockets. But my folding stuff is not up 5000% since the start of 2017.My twenties and tens are still at face value but a little more wrinkled. So going forward should crypto currency be included in my wallet? I can have leisure in making a decision. But one person is thinking harder about what crypto currency might do to her job. That would be Federal Reserve Chair Janet Yellen. She 's determined not to go back to that kosher deli in Manhattan. She and the whole house of cards that support human civilization through the tool money is being threatened.Right now crypto currency makes up about 2% of the traditional currencies issued by the Fed, Japan, Eurozone, China et all. Small? Yes. But that 2% didn't exist 6 months ago. Crpto didn't move the needle.What's the Fed going to if anything about the upstart? I would think that Yellen has to make the dollar a better store of value. To that purpose interest rates will have to go up probably more than people expect. Also the Fed has to shrink the balance sheet. At the moment the balance sheet is at $ 4 trillion.Number coincidence with current world wide outstanding paper? That will definitely get rates higher.According to a news blurb last night on the Nightly Business Report the Fed has moved up the start its balance sheet shrinking to September 2017. That's a ninth month speed up.Bitcoin and Ether are once in a lifetime or many lifetimes game changer.Fiat money as per central banks game plan has finally met its match. The complacency of gold and investor sentiment and volatility can be somewhat better understood by judging the performance of cryptocurrencies and concluding that chaos might be around the corner and its foil may be Bitcoin and Ether. Here's a question. All the debt in the world is based on central bank currencies. So how will those obligations be met?

Federal Reserve Experiment

The Federal Reserve should consider printing money with disappearing ink.Because negative interest rates in Europe and Japan has't worked Yellen et al in the money kitchen should consider artificially withering currency. Not every bill should have a short shelf life say 1 year. Maybe only 2%. That could be one way of achieving 2% inflation. The clear message would be spend the cash or risk losing it.A side benefit would be a squeeze on drug dealers because they are cash only transaction. Counterfeiters could profit because their money would be more valuable by comparison. Their money would still be the reliable old fashioned method of production.The alternative to currency machinations world wide would be paying people what they are worth. That would shrink the deficits dramatically.And obviate the need for growth.

Big Pharma Drug Lords & Team U.S. Government : Target Martin Shkreli

Martin Shkreli is in the news today. He's upset about being arrested and later freed on $5 million dollar bail.What was his alleged crime? The F.B.I says he was running a Ponzi scheme. The vehicle was MSMB Capital Management. It is a hedge fund.Marty says that's a red herring charge. He maintains that his raising the price of 60 year old drug Daraprim from $13.50 per tablet to $750.00 per tablet is the real reason for his arrest.Marty through his hedge fund took over Turing Pharmaceuticals which had the Daraprim patent and jammed the price hike.Who feels sorry for Shkreli? I dont. But the anatomy of this sequence of events is helpful . Who created and empowered Shkreli? The Federal Reserve created the freak Shkreli. Because of quantitative easing and zero interest rates over the last 7-8 years, he and others have had full use of cheap money to fulfill a greedy persons fantasy.But all dreamers are awakened at some point to reality.Hello Big Pharma. Wake up Marty. Big pharma knocks on the door. Federal Bureau of Investigation agents a.k.a. pharma delivery and pick up service says you did business in a protected business.Pfeizer, Glaxo, Merck etc are our drug lords.They pay billions over the years to our congress so they can deal drugs in America.They have hooked so many nieve people on drugs that they have spawned the Mexican Drug cartels to fill the demand.So there's the government again.Federal Reserve then power of big pharma through big government. They create and then destroy freaks like Shkreli.This brings to mind U.S. 14 year old war in Afghanistan.Bin Laden was killed about a year ago.This was because of his master minding 9/11.Our government took 13 years to dispatch Osama. But Shkreli wanders into Big Pharmas space and the roof caves in within weeks.Shkreli ran a hedge fund. He should of hedged his Turing/Daraprim coup by paying congress reps or consulting with Big Pharma for their OK.Getting back to Afghanistan. It's a nexus of Big Government, the military-industrial-complex and I think I can include Big Pharma. Afghanistan produces 90% of heroin in the world. Heroin is de facto a cheap knock off of OxyContin and other painkillers that Big Pharma peddles on TV and all media in 185 languages.Do you think that opium eradication is a American values goal or more specifically a Big Pharma's goal?

Deflation: Helps Poor

Central banks around the world and our own Federal Reserve are working to stop creeping deflation. In fact their actions are diametrically opposed to the needs of working people. It's a fact that wages are stagnant if one can even find a job.So the challenge for workers is making meager salaries cover the costs of living.The vast majority need stable or preferably lower prices at stores and show rooms.But the Central Banks answer to governments, corporations and wealthy individuals who all have massive debt to repay.Deflation would bankrupt those three. But deflation will help everyone else.There is no choice. Deflation will come.It will come because of popular demand.So expect it.

How About Blackstone Group Or Carl Icahn Or Other Private Equity & Hedge Fund Operators Organize Foreign Holders Of U.S. Debt For Restructure Of U.S. Government

It happens every day. Whether it be Blackstone or Icahn or some other raider takes a significant position in stock or bonds of targeted companies and then demands management unlock value or enhance safety of investment by changing management or management style.Does the United States Government need some demand that it reduce it ruinous ways? Yes. Our government has about $16 trillion in outstanding debt. Seventy percent of that debt is held by individuals, corporations and governments around the world.The U.S. is in danger of default. It's a circumstance that is perfect for a private equity group or many groups to organize the debt holders to demand responsible actions by our executive and judicial and legislative branches . Real time adjusting markets are not accurate. The Federal Reserve policy of buying its own debt at a $85 billion per month clip resembles market manipulation and is thus effectively criminal and jeopardizes bond holders investments. The mere mention of such a group organizing would plunge the government market initially but would force our congress to act in a prudent way. The group would tip the balance to favor consrevative approach to our government. It may be the only way to break the duopoly of Dems and Reps.

Pilot Bernake Doesn't Know How To Land Air Fed

Poor Federala Reserve Chairman Ben Bernake. No . Poor us ! Pilot Ben doesn't know how to stop the stimulus. If a pilot he would be frozen at the stick incapable of bringing down the Fed Plane to a glide path that lands on "normal" monetary policy.He was so cocky when he took off with after burners of fiat money. But alas money isn't everything.If the real economy doesn't want to expand then no amount of money will force it. He was taught by his family and his Poison Ivy Alma Mater Harvard that all are equal. And since all also want money more than anything then his policies had to work. But they aren't. Actually we are not all equal. We are known by our differences. And any policy and that includes monetary policy that doesn't recognize that truth will fail. He creates fiat money so entitlements can continue. He creates money so treasonous Zionists can use the U.S. as its very own cats paw.BTW al-qaeda has effectively similar bad plans for America as does Israel.He creates money so the legal cartel can continue to shake down any one. Why do I call it a cartel? Because ther are fifty pages of lawyers in San Francisco's Yellow Pages! Only a cartel can generate that many lawyers who apparently have no hurdle to overcome to get a license to steal. No, Ben, too little money in circulation is not the problem. The world suffers environmentally with too much money in circulation.The problem is we are not all equal. We are known by our differences. And until we get that fact understood and practiced many people who count more than the parasites will refuse to go along to get along anymore.

Technology Driven Deflation Is Pushing Us Towards Barter System

The unions have gone away. The middle class is going away. Wages are going away on a relative basis when buying power and less hours worked are added up. The Federal Reserve for all intents and purposes is giving money away. to offset the realities of deflationary trends. So far the drunken sailor monetary policy has failed to reignite job growth or wage increase in any satisfactory way. What's to be done? Well its being done. Technology driven deflation is pointing the way to salvation. Salvation will be a barter system. If adopted, a bartering society will erase unemployment immediately. It will also point out people who are worthless to themselves and by implication to society. Barter will also humanely kill off  bureaucrats . There won't be any checks to cash There won't be any interest to collect. And military proxy wars will go away. And humans will take their place and only one place. They won't be able to "invest" in corporations that decimate the planet. Rhinos and other endangered species will get a pass also.

 Barter and kill a bureaucrat or investor. Sounds good to me.

Rhino Poaching Follows Fiat Money: China , Thailand, Korea Wealth Kills Endangered Species

South Africa's Rhino population is being slaughtered at an unprecedented rate. Using a baseline starting in 2000 and extending to 2007, a total of 117 Rhinos were killed for their horn during that period. Rhino horn  brings app $37,000 per pound in the black market.. Asian peoples in China, Thailand, Korea, Hong Kong think it helps with sex and health issues. Starting in 2008 and extending through six months of 2013, a total of 2168 Rhinos have been killed in South Africa. Why the increase? It must be tied to wealth. Considering the pricey Rhino horn, money is the effective tool for this kind of horror. Starting in 2008 world central banks opened the floodgates on heretofore "normal" money creation. In the view of central bankers and their governments ,an increase of money in circulation plus easier credit was needed to restart Western economies. This was was a boon to Asian emerging countries economies. Money flooded into those countries and made instant multi-billionaires in a very short period.

With all that money, the primative ids of the Asians reached out for ancient status trophies -Rhino horn dagger handles and presumed aphrodisiac brews and health prescriptions. In the beginning we lived on a planet that looked largely like present day Africa. Now the planet is looking more like filthy China.Boycott Asia.

No Cure For Deflation Because We Need It !

Ben Bernanke and his propeller- yami is in deep waters. He is fighting yesterdays problems with yesterdays remedies. Simply,  the deflation he is trying to reverse is what all of us need to survive. How can employment and wages go up when increasingly jobs and wages are being eliminated and held down respectively by technology and software that replaces humans. Consequently the push by Ben and the fed to raise asset classes by easy money and quantitative easing is actually the Kool -Aid that we should not drink. The prime example is the reflation of housing prices. Instead of making housing affordable, he is pushing the real estate market out of peoples reach.. Because the easy money he provides is mostly used by speculators who crowd out prospective home buyers who want to live in the house and not parlay it's price appreciation.

Ben will be back at Princeton before this latest bad policy/bubble is seen for what is-a bad choice. But Ben will have written a book and will have many speaking engagements lined up by then. Come to think of it, software could replace Ben at Princeton by replacing him with a simple loop recording of " Money isn't the answer and will never replace sustainable personal responsibility."

New Federal Reserve Chairman: Sure To Come From Central Casting Of Team Jew

Today The Wall Street Journal informs of possible choices for the next Federal Reserve Chairman. The feeling is spreading that Ben Bernanke will step down.The popular belief is Ben has had it. He's tired. He may privately think that his reckless policies will end badly. One cannot print enormous amounts of money without some negative consequence when the presses stop. It's just physics. Newton would simply point out " What goes up must come down".Ben is Jewish He followed Alan Greenspan who was also Jewish. Alan followed Paul Volcker who was also Jewish. These are facts.

The WSJ has listed seven possible replacements for Benny and JETS . JETS stands for Jews Economic Tyranny Syndrome. Why? Why not ? The seven replacements have six Jews and one token black.

The List:
1) Janet Yellen
2) Lawrence Summers
3) Donald Kohn
4) Timothy Geithner
5) Roger Ferguson (Black)
6) Alan Blinder
7) Stanley Fischer ( ALSO BANK OF ISRAEL GOVERNOR) I wonder how much of U.S. aid to Israel is recycled into bribing our executive and legislative branches of government? That influence would explain a Jew under every shell when choices for nominations are made.

Are there any non-Jewish candidates who's name could be added to the list? It's a fact that the WSJ is run by super Zionist Rupert Murdoch. Don't think he will break with the ranks. I think that Team Jew's winning streak in running Fed couldn't advance from this present elevated level. Time for change.

S&P Earnings? What Is Real ?

Most all market pundits say the S & P is fairly valued to somewhat cheap. Aside from the fact that these same pundits make their living from recommending shares for purchase, do they know what the words "fair valued" and "somewhat cheap" really mean when the earnings of S& P companies are put in todays unreal context?
I have one question for this collective group. What are the earnings of S & P companies if the Fed wasn't buying one trillion of  treasuries or mortgage backed securities per year along with the one trillion that congress spends per year that it doesn't have?

Foie Gras Nation: Consume Or Die

Fact. American economy is based on consumption. Fact. Seventy percent of our economy is dedicated to providing food and services to a consuming class of all gradations and income levels. Fact. If we don't consume our economy will fail. In our current sputtering economic times and high unemployment, the Federal Reserve has resorted to buying up government debt so new debt can be issued and so consumption can be guaranteed. These monetary policies herd U.S. citizens to consume because interest rates are almost non existant so there is no money in saving and prudence.. Much like geese are force fed to fatten their liver to produce foie gras. That's reality. That's the plan. But a collateral result produces an obese nation. Fact. Almost 70% ( notice the number?) of consumers are overweight, fat or obese. If 70% of economy is consumer based, then only 30% actually produce. The producers are necessarily not fat in their operating procedures.. It would be bad for their business model. The people we fight around the world are not fat. ever see a fat member of al Qaeda or Taliban? Who is more likely to win the wars? Who is more likely to win a healthy peace ?

QE 4? Next Quantitative Easing Might Be Forgiveness Of Debt

What more can the Federal Reserve do ? Right now after 3 and counting quantitative easing, the fed holds app $1.7 trillions of U.S government debt.. It created the money to buy the paper. That's about 10% of the total outstanding debt. How about the fed decides to erase the fiat money by not taking the payoffs of  the maturing notes? The federal government erases debt and its like the whole exercise never happened. Sound too good to be true? It is. But it still might happen. The problem is that wont be the last time you see that trick. The downside would be a runaway congress without fiscal discipline until capital markets call a halt to the irresponsible transactions.

Breaking News: Bernanke At Federal Reserve Stays The Course

Google plunged 8% yesterday on a dramatic earnings miss. Ad revenue was lackluster while expenses shot higher.Yesterday Microsoft reported dramatically slowing sales of its PC software mainly the result of the migration to tablet and smart phones.Today McDonald's sold off 5% on slowing sales because of individuals tight budgets. Also today preexisting home sales took an unexpected dip due lack of job growth. At the moment the Dow Jones Industrials are off by 135 points.

But not to worry. Federal Reserve Chairman repeated himself, " I will print money till Google gets more clicks, till McDonalds sells more burgers, till the return to the PC happens and until people buy houses again.."

Isn't it amazing what the power to create money does to a persons common sense? If he ever had common sense?