HOW CENTRAL BANK {FED} PREPARING FOR GREAT RESET

Isaiah was told by God that during his long ministry almost no one would believe him and turn to the Lord for salvation, “Keep on hearing, but do not understand; keep on seeing, but do not perceive…” (Isa 6:8-10). While this was recognized as true several centuries later by Paul, we can still see this truism at work even outside salvation’s truth (Ro 11:7-8). My post, How Central Banks Control Everything via Credit, shows why central banks, Federal Reserve System (Fed) for America, use credit {Think: Debt} to gain control over governments and ultimately over YOU! America has experienced several major ups and downs since the Fed was created to prevent these cycles; however, that was just the preliminary; now, the Fed has signaled that a major crash is coming! Guess what? It incidentally coincides with the World Economic Forum’s advocacy of a Great Reset of world societies by 2030 {See: United Nations 2030 Agenda. Recipe for Socialism.}.

FIAT {DEBT} CURRENCY SYSTEM IS FUTURE DEBT;
CURRENCY PRINTED AND USED REQUIRES MORE TAXES

Much of this material is a simplification from Youtube’s Best Evidence channel to which I am deeply indebted {See: Ur Federal Reserve cancer Rx is ready for pickup.}. For those of you who liked the propagandistic play, Hamilton, this is his legacy {Hamilton’s Curse. Dilorenzo, Thomas J. 2008.}. The Central Bank system does not simply benefit bankers; it is literally a means to implement Control over governments and thus over the people under those governments: ALL of the governments! Each national central bank contracts with its respective government to print currency based on future tax receipts; i.e., debt! Governments then spend the funds on themselves and on those who help keep it in power; legally buying votes. This system has matured for over 100 years in America which is a mere piker compared to Great Britain’s Bank of England which led the way {History of Monetary Systems. Internet Archive. History of Money in America.}. Not only is the central bank system intimately linked to corporatism, it is also itself Controlled by financiers behind the scenes who furnish the capital to begin the Ponzi Scheme. The scheme works only if more participants buy into the dream. In this case, the government uses taxpayers are its participants, collateral, to have the central bank print money out of a future promise; i.e., debt {Here’s Why Our Monetary System is A Giant Ponzi Scheme. Truth11.com.}. There is of course a problem; debt means interest payments; thus, the higher the debt, more money printed, the more tax receipts are required to pay the higher interest payments. These variable interest rates are based on the nation’s credit rating which. means they can, and will, go up when required by the central banks. This is not rocket science but it is nearly impossible to get even educated people to understand the precipitous fragility of today’s tottering economic security; seeing, they refuse to see!

WHEN INTEREST PAYMENTS GREATER THAN DGP;
TAXES MUST INCREASE AND SPENDING DECREASE

In 2019, BlackRock Investment Institute, advises the Fed so-to-speak, advised the Fed that current debt rates were unsustainable! Jerome Powell, Fed Chairman, also publicly admitted this in the above referenced video. This admission should alarm everyone; yet, government spends in ever more prodigious amounts and people continue as if there is no bridge out down the road! Notice the above graphic from the U.S. Treasury Financial Report FY21 {My Captions}. Interest payments are now greater than all the income of America. Our nation can barely make the interest payments which must rise because the principal continues to grow even if the government does not spend another dime! The Fed has already doubled the currency supply since 2019 which only increases the principal debt but does not increase income! Where does America spend this currency?

BIGGEST SPENDING SECTORS ARE PONZI SCHEMES;
BUYING VOTES FROM THOSE WHO DO NOT PRODUCE

President Roosevelt allowed Americans to believe his Social Security program was insurance when in fact it was nothing more than a legalized governmental controlled Ponzi scheme to buy people’s votes {Social Security: The Most Successful Ponzi Scheme in History. Mises Institute.}. President Johnson upped the ante with his own rendition called the Great Society or War on Poverty which created the Medicare/Medicaid programs {The Failure of Lyndon Johnson’s Great Society. The Daily Hatch.}. These conglomeration of welfare programs have not eliminated poverty, which is a feature of the Bell Curve, there will always be poverty by definition, nor was that their purpose though that was the propaganda message by which voters were ensnared {Jesus exposed Judas’ hypocritical appeal to the poor knowing it was an expression of his own greed.} (De 15:11; Jn 12:1-8). Democrats and Republicans continue the logical fallacy of appealing to the poor in order to line their own pockets and those of those who support them in power: Corporatism.

The above graphic shows the major reasons for increasing spending; the government programs used to obtain the votes of those dependent on government for their monthly checks and other benefits. Department of Defense spending is also a huge portion of the budget that could be reduced; but what government willingly reduces its own power? When the welfare outlays become greater than the tax receipts government will raise taxes but will also be forced to reduce spending. These dependent populations will then riot. This is the schema in 1930’s Germany that brought Herr Hitler to power with Germany’s central bank supporting him and his projects!

DEL MAR PREDICTED CENTRAL BANK CORRUPTION;
THEY BRING CRISES BECAUSE IT BENEFITS THEM

The Central Bank world system, Bank of International Settlements coordinates various national central banks, is orchestrating a series of national financial crises in order to implement their great socialistic great reset of which the Central Bank Digital Currency (CBDC) is the lynch pin. Crypto currency has been allowed to entice people into accepting it as safe money; however, it exists only in silico, in a computer. Do you think gold will save your fiscal backside? In 1933, President Roosevelt signed an Executive Order making it illegal for Americans to own, and therefore to use, gold {FDR Destroyed the Truth about Gold. The Future of Freedom Foundation.}. What good is gold if no one will accept it as payment for goods and services? CBDC will be the only payment allowed. Yes, there will be black markets, but they will be easily rooted out and destroyed.

The CBDC will be completely monitored and purchases will be allowed or disallowed on a case-by-case basis. Universal Basic Income (UBI), digital numbers on a phone, will be used to control the usual entitlement populations while eliminating the middle class until only those who are compliant will have jobs producing income: Those who see no evil, speak no evil and hear no evil! Just like those in Isaiah’s day who seeing, will not see and hearing, will not hear!

HENRY FORD RECOGNIZED GOVERNMENT
COULD AS EASILY PRINT MONEY AS BONDS

The issue is not whether to use paper money; the true issue is what is the currency based upon? The Treasury is the sole producer of coinage; however, as this competes with the Fed’s fiat, debt, currency it is being phased out. Hence, the shortage of coins. The Treasury could just as easy print currency that is backed by productive Americans and thus is limited to actual wealth in the form of goods and services. Rather than being backed by debt which is skimmed off the top by the central banks, like a crime family; it is backed by actually producing what people are willing to buy. There is no inflation because that is a hidden tax imposed by central bankers. Credit is limited to what is actually necessary, and affordable, to increase profitable production or develop new needed goods and services more efficiently. This is the hated free market system. It is hated because it disallows credit, debt, manipulation by central banks. It is controlled by decentralized market forces that reward the efficient, the innovative and the generous who create jobs for the greatest number of people. People who have jobs will have earned money to spend which rewards efficient, effective production and creates more demand to create more jobs to expand and elevate the work force.