Permanent Economic Damage – Danielle DiMartino Booth
By Greg Hunter’s USAWatchdog.com
Former Fed insider Danielle DiMartino Booth is not a fan of the Federal Reserve, especially now, with its massive money printing campaign. DiMartino Booth thinks “the damage to the economy is permanent” and that’s not the only thing here to stay. DiMartino explains, “We are seeing permanent inflation increasing, and we have seen another uptick in initial jobless claims. This is not the data you want to see if companies want to have pricing power. . . . We do have inflation where it is not measured, and that is in asset prices and housing prices.”
Di Martino Booth says the Fed will do everything possible to keep the money printing going. DiMartino Booth contends, “Anything they can do to keep the printing presses running, any cover they can try and create, any type of narrative they can try and paint that allows them justification to go from a $4.5 trillion balance sheet to a $7 trillion balance sheet. . . . The Fed is looking for cover to continue its constant quantitative easing (money printing) campaign. If it says it is going to let inflation run hot, it has that cover it is looking for. It is always about lower for longer. It is always about keeping the printing press running 24/7.”
DiMartino Booth says don’t take the stock market highs at face value because if you look deeper, things are not that good. DiMartino Booth says, “The concentration of the seven largest stocks is now $8 trillion. That is larger than most countries, by the way. Without them, the S&P 500, the broadest benchmark stock index in the country, would be . . . a down year in the stock market.”
On the other hand, DiMartino Booth says the bailouts mostly benefited Wall Street and not Main Street. DiMartino Boot explains, “This is the haves and have nots of credit. If you are a small or midsize company, good luck. It’s very difficult to find credit. If you are the biggest companies . . . you don’t even have to have profits. You can just get as much money as you want to keep going. So, it is as bifurcated as it comes. . . . There has not been as much discussion as needed about the monetary policy at the Federal Reserve that has done a bang-up job of keeping the largest companies going while we have watched a lot of Mom and Pops, that . . . just needed a liquidity bridge, go by the wayside. This has been a tremendous fiscal and monetary failing.”
DiMartino Booth also warns, “As long as you have this type of damage and business travel being eviscerated, you are going to see permanent damage to the economy. You will see entire hotel chains close down, and those jobs be lost for good in many cases.”
On unemployment in America, Di Martino Booth predicts, “at least 25% of these job loses will be permanent in nature stretching out through 2021. . . . I think there will be permanent damage to the housing market too . . . . Now, what we are seeing are evictions.”
Why are gold and silver prices taking off in the past few months? DiMartino Booth says, “The reason you have seen as much interest as you have in gold comes down to something very simple. We are in a speculative ball right now. Whether you are talking about junk bonds or the stock market, everything has gone completely haywire. . . . When the peanut butter hits the fan, gold is the one place where investors can find the protection they need. . . . As long as there is anxiety and disruption potential, that is what makes gold the perfect hedge whether you see deflation or inflation further out on the horizon.”
Join Greg Hunter as he goes One-on-One with financial expert and former Fed insider Danielle DiMartino Booth, founder of Quillintelligence.com.
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After the Interview:
DiMartino Booth founded Quillintelligence.com. There is some free information there. She also offers a subscription service for original cutting edge analysis called “The Daily Feather” and the “Weekly Quill.” To become a subscriber click here.
There is also some free information and articles on DiMartinoBooth.com.
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About the Author
Greg Hunter
Greg is the producer and creator of USAWatchdog.com. The site’s slogan is “analyzing the news to give you a clear picture of what’s really going on.” The site will keep an eye on the government, your financial interests and cut through the media spin. USAWatchdog.com is neither Democrat nor Republican, Liberal or Conservative. Before creating and producing the site, Greg spent nearly 9 years as a network and investigative correspondent. He worked for ABC News and Good Morning America for nearly 6 years. Most recently, Greg worked for CNN for shows such as Paula Zahn Now, American Morning and various CNN business shows.
Adam Taggart posted an excellent article on just this very same topic. Except he and Chris Martenson go as far as to say the 99% have been screwed over by The Fed and will be continued to get screwed over to make the 1% even wealthier.
“What Are You Going To Do As Our Money Dies?”
https://www.peakprosperity.com/what-are-you-going-to-do-as-our-money-dies/
Mr. Hunter:
Thanks for giving us the opportunity to peer into the mind of an insider.
Ms. DiMartino-Booth apparently thinks that the Federal Reserve system could actually achieve its “twin mandate” of low inflation and high employment IF ONLY the Fed could “maintain” its independence from the control of government officials and the people who elect them. In essence, what she recommends is that public policy be set and controlled by a private cabal of bankers. She seems to imagine that all that is now lacking is the “right” set of “philosopher kings” to staff the Fed.
Ms. DiMartino-Booth is wrongheaded in nearly every one of her assumptions. The Fed’s so-called “twin mandate” assumes a power unavailable even to a cabal of altruistic (LOL) bankers. It is based on the assumption that a saintly cabal of bankers could simply tweak the money supply to cool-off the economy when entrepreneurs have become “irrationally exuberant,” and “stimulate” it by printing money when recession looms. Of course, such an assumption is unsupported by history and common sense. It’s not even supported by many/most economists.
Not even Keynes thought that. Indeed, he focused more on fiscal stimulation (governmental money spending) than on monetary stimulation (printing up more money in order to lower interest rates and thereby stimulate investment). But even he failed — even after witnessing Russian Communism and German Nazism — to fully comprehend the quagmire that results from decades of destructive economic and social policies. (If he had, he would have declined to dispute Friedrich Hayek’s views).
The core error of the twin-mandate is the assumption that true markets can be bypassed and that “the economy” can be adequately controlled on an aggregate (macroeconomic) level to produce the micro-level array of prices and outputs of the millions of goods and services that is necessary to sustain a healthy economy. In essence, Ms. DiMartino-Booth assumes away most of the problem.
Unfortunately, free-trade is also an unwise policy for advanced economies because, as USAWatchDog commenter Charles Turner has pointed out, it leads to the destruction of the crucial manufacturing sector as its jobs and functions are shipped overseas. That is especially true when Globalists, both foreign and domestic, pursue policies aimed at achieving that result — and worse.
Ms. DiMartino-Booth is wrong: The Fed cannot be fixed. It must be ended. Moreover, she ignores the totalitarianism of the Globalists even to the point of glossing over the destructive and totalitarian covid-related “lockdown” policies that are crippling our economy and undermining our entire civilization.
However, she is right in her conclusion that we are in for a long, hard slog. (Still, IMO, we are even now turning the corner as ever more of us come to understand more and more the nature of our situation).
William Stanley, maybe she has to be careful and cautious in her words about the Federal Reserve so as not to be “suicided.”
Just a thought.
Conspiracy Theory ?
You mean ——-
Conspiratorial Integrated Agency.
Convert International Agenda
Completely Inverted Amoral
Bill,
“Ms. DiMartino-Booth apparently thinks that the Federal Reserve system could actually achieve its “twin mandate”…”
Once an “Insider”….always and Insider !!!
DMB was very good at pointing the finger…..highlighting the Errors, Omissions and Failures of the FED’s policies….NOT.
What she did do…was regurgitate what we already know about the deleterious effects of their stupidity….of their insidious, unscrupulous, fraudulent & sacrosanct behavior.
Did she offer any solution to the FED other than putting more of their brethren in charge? She almost sounds like she is sympathetic to our cause. …to our suffering….knowing and even admitting that we are in for a long hard slog. She too looks somewhat gratified that there will be permanent damage across the spectrum whilst retaining that pearly smile.
I’m not a fan and neither is she.
William Stanley,
Thanks for your well thought out comments. I concur. If the Treasury has/is conducting a “leveraged buy-out” – DMB – of the Fed then this may be a step toward disbanding the Fed (private banking cabal’s exclusive right to create currency).
The battle is intensifying. Australia and New Zealand (unarmed citizens) are on the front line!
https://www.zerohedge.com/geopolitical/totalitarian-future-globalists-want-entire-world-being-revealed
84% of all stocks are owned by the top 10% of household
By May 2020 the total added became $434 billion, making all the US billionaires more billionaire-y
Yes I know it is the Rodster’s article from above. Read the article. Why doesn’t Trump talk about these things? Trumps empire must crumbling also.
https://www.peakprosperity.com/what-are-you-going-to-do-as-our-money-dies/
So did Egon von Greyerz:
https://goldswitzerland.com/space-oddity-helicopter-money/
WATCH: Live view as Hurricane Laura approaches Texas coast
https://www.youtube.com/watch?v=0aFQ692oV2A
BREAKING!!!!!!
Watch live: RNC Day 3 speakers include Vice President Pence and wife Karen
https://www.youtube.com/watch?v=oAzEc6HumX4
Esme,
I believe they are creating hurricanes to happen in areas of the country where hurricanes are more likely to happen. I also believe they are creating droughts in desertlands, and fires in California. Next it will be earthquakes. They are already happening, just not really, really severe. They can create earthquakes. I don’t know about volcanoes. It’s been so hot here in the west, but no water. And, what will next year be like? We better start praying hard for rain and a good snowfall this winter.
BREAKING:::::::*****
LIVE: President Trump Acceptance Speech at the Republican National Convention
https://www.youtube.com/watch?v=6gdIk4IL0ig
Thanks Mr Hunter and Ms DiMartino Booth ,a deep and succinct analysis of the printing press in the USA.
A new book proving coronavirus was engineered in Wuhan laboratory
‘China COVID 19: The chimera that changed the world’ by Professor Giuseppe Tritto has been published.
Chris Martenson has already made the case that this coronavirus most probably has its origin in a Wuhan laboratory, but Tritto’s 272 pages in his book provides names, dates, places, and facts that proves this.
The book is reviewed in the following link:
https://www.lifesitenews.com/blogs/renowned-european-scientist-covid-19-was-engineered-in-china-lab-effective-vaccine-unlikely
A small excerpt:
“It will not be possible for the Dr. Fauci’s of the world to dismiss Professor Giuseppe Tritto as a crank. Not only is he an internationally known expert in biotechnology and nanotechnology who has had a stellar academic career, but he is also the president of the World Academy of Biomedical Sciences and Technologies (WABT), an institution founded under the aegis of UNESCO in 1997.
In other words, he is a man of considerable stature in the global scientific community. Equally important, one of the goals of WABT is to analyze the effect of bio-technologies—like genetic engineering—on humanity.
In his new book, this world-class scientist does exactly that. And what he says is that the China Virus definitely wasn’t a freak of nature that happened to cross the species barrier from bat to man. It was genetically engineered in the Wuhan Institute of Virology’s P4 (high-containment) lab in a program supervised by the Chinese military.”
However, the thing is that this book is written in Italian.
So, I was wondering if there are any Italian-speaking USAWatchdog.com members that find this topic interesting and who would like to report the interesting facts in this book to us USAWatchdoggers?
I’m sure Greg and the other’s here would welcome that.
Fauci has already gone on record saying that even he believes that there may not be a cure for the Virus …”EVER”. That can be interpreted two ways. Either way we are screwed every which way to Sunday.
What Fauci won’t tell the American people is that the Corona virus epidemic “is becoming less deadly” and its spread in the US has slowed dramatically … Demons don’t want you to know any of this (including the Trump-hating press) … Demon-rats can’t let any of this information out if they want to take control of the White House and Congress … their strategy is to generate Corona virus fear and panic (along with riots) and blame it all on Trump!!
Hence the need for an Injection …that wont work to kill the Virus…more so to introduce other live viruses to start another wave….of deaths.
The plan to inoculate front line workers goes according to the prediction I made some time ago. It will be a gradual stepped process ….Health Workers, Military, Law Enforcement, Educators, other Essential Services, Students, Old Age….then the balance of the citizenry.
We are being progressively stripped of our rights and liberties. Total control and obedience is what they desire to achieve the final outcome of their OWG. The SARS-COV2 Virus is nothing more than the text book plan to remove our Nation’s Sovereignty. I have said many times…..beware of the Masonic motto…Order ab Chao.
It must be achieved at the individual level then it will progress to stripping the Nation.
So Fauci’s statement (no cure EVER) in the context of what they really desire…..implies a nightmare….. with a very long shelf life.
Hi Greg, I wish your guest had been more specific at the beginning of the interview about how the FED monetized (buys, allows, scams) the government debt. Your guest says that the FED allows the Big Banks to make a profit on the debt… She needs to be specific. Name some names! She knows who these bankers are. She knows.
I’m fed up with “they”. I want names.
tim mcgraw,
Maybe she’s trying to avoid premature death?
And maybe she’s part of their team.
Friends,
Here is an update for you. When I was kid I wanted a stereo set to play my records on really bad. My father in his wisdom decided to make it a teaching moment by buying a set I had to assemble myself.
I soon learned that if you messed with a capacitor you were in for a really big surprise. So what does that have to do with the price of gold in China? Check out the globalist biometric circuit board that is currently under construction. https://www.speedtest.net/ookla-5g-map
Be sure and zoom in to the location nearest you. The higher the number of towers the more intense the microwaves will be once it is turned on sometime in late September. If you have been following my post about hydrogel implantation with the coronavirus you will know what the implications will mean. The end goal for the globalist is to put us in their global circuit board, and make us a live capacitor. Sounds pretty crazy right? About as crazy as watching a baseball game with cutout fans and piped in cheering. Buckle up fans. September will be a month to remember.
Jerry, thanks for the update.
Back in the 80’s I was a technician for commercial food equipment including microwave ovens. I remember the most important thing to do when servicing a microwave oven was to first short out the capacitor with a screwdriver across the two poles, (if I remember correctly).
I had a co-worker that was servicing a commercial microwave oven in a restaurant and he didn’t follow rule number one. He went flying, actually airborne, and he learned his lesson, and never made that mistake again.
JC,
I am astonished to learn that most G5 towers are owned by a global trust comprised of over thirty countries. This whole thing has been planned for a very long time, when you see organizations like this meeting years in advance.
https://www.escaide.eu/en/general-information/past-escaide
JC,
When you go down the investment rabbit hole you will find REIT ( a globalist organization started by Dwight Eisenhower) at the bottom.
https://en.m.wikipedia.org/wiki/Real_estate_investment_trust
It makes perfect sense now why he was warning us about the dangers of the military industrial complex.Even back then he could see where this was going. Does it give you any comfort knowing that the Chinese have access to our 5G ? Or that the first test of 5G was done in Wuhan after people were tested for covid19 ? We will never know how many people died nor what the implications are for us now. But we’re about to find out.
Jerry,
5G is already on.
I called T-Mobil inquiring on where 5G was up in my State (that being New Hampshire) and she confirmed it’s already on.
Here is their map.
https://www.t-mobile.com/coverage/coverage-map
I also believe the 5G was used for the COVID-19 false flag.
When you listen to these doctors speaking out in the beginning about the sick coming into the hospital with symptoms NOT like a typical virus. They were confused and used the wrong treatment, which actually killed people.
The symptoms were similar to Altitude poisoning; blood poisoning.
They described it as if that person was dropped on Mt Everest.
https://www.youtube.com/watch?v=bp5RMutCNoI
Here’s a declassified study by the Soviet Union from the 70’s that the CIA obtained and kept classified until 2012.
https://www.cia.gov/library/readingroom/docs/CIA-RDP88B01125R000300120005-6.pdf
Dr. Buttar explains the above document and what it means!
https://www.youtube.com/watch?v=RjT3tc6aoi4&list=PLZA3kqfHkqsHbC5bVwMCqvEP7B0Yb5oAK&index=22&t=111s
You see, I believe they turned up the 5g signal (just long enough for a cellular (human) reaction) in the inner cities and waited for people to start showing up in the Hospitals, having these Hypoxic events in their lungs; Cytokine storms! BOOM…we have a “virus!”
People did get “sick” but it wasn’t from a virus.
The rest of the population diagnosed with the virus are due to fraudulent test and lying medical establishment. They have yet to prove Kock’s postulates on this so called new “Virus.”
https://www.youtube.com/watch?v=SsMI9NrcbJo&t=27s
Don’t forget, Dr. Birx did say “if you died “with” the virus they’re listing it as a COVID death (fraud).
Let’s also not forget the brave nurse in NY that spoke out about the murders happening there!
https://www.youtube.com/watch?v=UIDsKdeFOmQ&list=PLZA3kqfHkqsHbC5bVwMCqvEP7B0Yb5oAK&index=20&t=2302s
This has been in the making for decades.
Follow the patents!
https://ise.media/video/plandemic-ii-indoctornation-23.html?fbclid=IwAR1kZHzEDWcb99YFUaNVBpharCg0nsFnFJVNVQHXBHCkoJnCZCwYbg47E-o
Refresher.
Connect this link with the one above.
https://patentscope.wipo.int/search/en/detail.jsf?docId=WO2020060606&_cid=P10-KEBUU2-57420-1
Why would Microsoft be so interested in biometrics and vaccines? The answer is obvious. Control. Control. Control. Do you really think they will let this opportunity slip through their hands? The link speaks for itself. Get your spiritual house in order. I’m sorry for those of you don’t believe that Christ is returning. It makes wonder whose side your on? This is Lucifers kingdom on steroids. Why would you want it to succeed.
Jerry, it’s incredible, really.
I suspect a lot of people are experiencing “cognative dissidence” when they check out the links you provide.
Jerry,
Warning from Italian Doctor about test/vaccination.
https://gofile.io/d/IXL6BT
Jerry,
Hydrogels are amazing new substances that can contribute to the construction of lifelike Terminator type Cyborg AI beings that can be emplyed on a battlefield against our enemies in war. No longer is it necessary to send our kids off to kill the enemy. Hydrogels are being tested to grow human like tissue on top of a machine interface so that soldires will appear lifelike. Hydrogels can also be used to grow human like skin and hair for surrogate sex dolls that more realistically copy the real thing. Hydrogels is exiting stuff ! Dont be afraid of technology ! Embrace it !!!!!
Jerry,
I’ve heard this before about us being the live capacitors. Does this mean that people who have been tested for the coronavirus and had a thing stuck up their nose real high, will end up dead or somehow disabled?
Exqueeze me? Did she say that monetary policy is not the job of the Treasury? Spoken like a true Central Banker. Remember, the Fed wanted to raise interest rates a year ago when they were 2.25%! The Treasury (under Trump) twisted their arm and now rates are at 0% and apparently will stay there for years.
I watched a 2 hour Yale interview of Bernanke, Yellen and Augustin. Three Former Central Bankers. The main message was HIGHER TAXES, MORE AUSTERITY, INCREASING INFLATION ! That breaks economies not strengthens them.
Remember! The Fed (before Mnuchin took it over) was enriching wall street and sovereigns in 2001 and 2008, not the people. We now have monetary policy more directed to the people and there’s a reason for that.
FED EBT CARD COMING!!!
This System is at its end game, it needs to pump inflation higher and higher so that the USA can pay its debts off with cheap money.
This virus is temporarily squelching money velocity, therefore hyperinflation has not arrived…… yet, but it has to!
We The People will be receiving money directly from the Fed in the form of an EBT card because that’s more “efficient”. The card will have certain restrictions such as “the card balance will have a time limit. It will be zero if you don’t spend it quickly”.. this will FORCE MONEY VELOCITY (purchasing of goods/services).
The card will be restricted from purchasing valuable assets like gold or socking the money under the mattress for a future purchase. THEY NEED YOU TO SPEND SPEND NOW! This increases money velocity and the end game of hyperinflation will arrive.
They are talking about it NOW! Booth alludes to it but does not explain it to this level.
https://www.zerohedge.com/markets/fed-planning-send-money-directly-americans-next-crisis
They printed all this money and now it has to circulate. The focus is on Money Velocity! They give you money, you spend it and BOOM! You got runaway hyperinflation. The USA can pay off its debts with cheap money and start over again with a gold backed currency, but some damage will be done which will be THE FAULT OF THE FEDERAL RESERVE! THAT’S HOW THEY DESIGNED THIS MONETARY SYSTEM!!!
A wealth transfer will take effect making people who hold metals quite well off.
Greg,
It’s obvious she leans to the left and she was looking at notes… but the conversation was interesting none the less. Thank you
Suppose the Fed sends free MMT money direct to consumers so they can spend the money and boost the economy … but … what will stop consumers from using that free money “to pay off debt”?? … so the Fed may not get the economic boost and inflation they were looking for (if the free money they send out is used to pay down debt instead of being spent into the economy) … which means … the Fed will need to send out some “very big checks” to everyone … those $1200 dollar checks they are sending out now just won’t cut it … they will most likely need to send out $10,000 dollar checks to everyone (so that after debts are paid down there will be some money left over to spend on things)!!
If we don’t have money velocity….we have a Deflationary Depression instead of an Inflationary one. So far Deflation is at work (except for Stocks and Bonds ). The old phantom of enticing the consumer to spend when the Economy is in a very strong recessionary trend is not going to be resolved by keeping rates at the ZIRP.
Wealth taxes here we come. There will be no end to the stealing …until they have it all.
tks for post
Greg,
Why shouldn’t the US Treasury have more power over the Fed? Because…of the 1913 Fed Act! Are kidding me? Look at what the FED has done to the US over the past 100+ years. It is a private organization working for its own interests not those of the US citizenry! Inflation, depressions, destruction of the dollar’s value, the current inequality of wealth….I could go on.
A Fed insider giving the 99% of US citizens a scolding for their temerity at wanting to rope in the disaster called the FED!
Not a fan of Danielle…… i think there are other’s that are more knowledgeable and free to give more truth…. Danielle knows who is in control…..she is not stupid…
she is Not a FED “Insider” she may have worked for the FED and because of this, she knows darn well who is in control… she can give 99% truth but won’t talk about the real powers in charge….
MD, you are exactly right!
But remember, she has a life and a family, and doesn’t want to die prematurely!
Thanks Greg. Good interview, the damage may or may not be irreparable. That depends on who is President in 2021, pray that it isn’t Biden — if so, we’re doomed.
UK Govt Scientist Admits Lockdown Was A “Monumental Mistake On A Global Scale”
https://www.zerohedge.com/political/uk-govt-scientist-admits-lockdown-was-monumental-mistake-global-scale
“A scientific advisor to the UK government says the coronavirus lockdown was a “panic measure” and a “monumental mistake on a global scale.”
Infectious diseases expert and University of Edinburgh professor Mark Woolhouse acknowledged that the decision to lockdown in March was a “crude measure” that was enacted because “we couldn’t think of anything better to do.” “
(my thoughts)
Government policy should never be based on knee-jerk reactions and panic. Government scientists who were involved with the Wuhan lab and were best positioned to know, advised our decision makers who relied on those scientists for good information. But the scientists didn’t know, they were guessing — or they’re part of the scheme to shut down the world’s economy.
Dr Fauci stood at the mic’ and with all his confidence seemed to know what he was talking about; in reality, he didn’t know much. He could have said, “don’t know”, “not sure”, but instead he acted like he really knew. Having been at NIAID since 1968, he was in a position where he could have known so his words were difficult to disregard. But either he really didn’t know, or he was acting deliberately and doing his part to instill panic and shut down the US economy.
Sometimes without good, solid information the best course of action is to do nothing until you have that good information and a rational reason to do something. “We gotta do something” is not a good rationale. Without that good information, government bureaucrats (not just in the UK, but here as well) ran their citizens off a cliff (and we’re still falling).
Sweden OTOH looked at the facts in a rational manner and took a different approach, protecting vulnerable demographics and letting the rest of their society go for herd immunity. This proved to be the wiser choice. Sweden has achieved herd immunity and their death rate is lower than many of the countries who shut down —definitely lower than New York state and on par with Texas, without causing their economy irreparable harm.
Notice how the death count has morphed into counting cases. What determines the number of cases? How many false positives from those flawed tests are included? Gotta keep the public in a panic…
Russ – The CDC had a play book already written oh how best to approach a viral outbreak like covid-19, this to make sure cooler heads can prevail when one hit…. so what did they do – throw the play book out and improvise. I believe the stupidity that society is seeing is the result of inept and corrupt politicians along with corrupt government officials in the CDC overlaid with a vast herd of sheep that will follow anything. Here in the USA, a lot of the Bull Sh$t is based on making Trump look bad and the CDC playbook per tackling a novel outbreak just wasn’t appropriate for this outcome.
Correct
https://www.zerohedge.com/political/uk-govt-scientist-admits-lockdown-was-monumental-mistake-global-scale
There are many stories in the Bible where people were in dire situations – spiritual, emotional, physical, financial – and at the end of reading about their situation will be the best two word phrase, “BUT GOD.” I look at the dire situation we may be facing with our economy as another situation to watch and see what Almighty God will do. In spite of what many financial experts say is coming remember what Greg tells us at the end of every program, prepare and “fear not”.
Thanks Kathy for this comment! We needed to hear it.
Greg
Bravo Kathy! Bravo Greg!
__________Hope Springs Eternal
https://bible.org/illustration/hope-springs-eternal
__________Hope
Jeremiah 29:11 NIV For I know the plans I have for you, declares the LORD, “plans to prosper you and not to harm you, plans to give you hope and a future.”—Jeremiah 29:11.
“HOPE IS . . . AN ESSENTIAL ELEMENT OF OUR SPIRITUAL LIFEBLOOD,” states the book Hope in the Age of Anxiety. “And it is the best medicine for overcoming feelings of helplessness, alienation, and fear.”
Our need for hope is reflected in the pages of the Bible, which also cautions us against false hopes. “3Put not your trust in princes, Nor in the son of man, in whom there is no help. 4His breath goeth forth, he returneth to his earth; In that very day his thoughts perish.,” says Psalm 146:3. ASV
The verse, no doubt, was in Shakespeare’s mind when he made Wolsey say:
“Oh, how wretched
Is that poor man that hangs on princes’ favours!”
as it was quoted by Strafford when the news reached him that Charles I. had given the royal assent to the bill of attainder against him. But in the psalm it is not the caprice of princes, as in these notable instances, but their frailty as men that is declared untrustworthy.
Instead of trusting in human efforts to save us, we are wise to trust in our Creator, who has the power to fulfill all his promises. What has he promised us? Consider the following.
This may take awhile, so keep an open eye. Further down here on,
USAWatchdog.com; August 26, 2020 In Market Analysis Comments
Kathie and Greg,
While I agree that God is in charge and that we can’t let fear overcome us, there is another type of fear that motivates us to DO something. We can’t simply sit around and trust that God will swoop down and save us all from these problems. We have allowed these problems, over the decades, to come in on us. Now, we are seeing the results of the people of the United States not paying attention to the Commandments and to the Constitution. We’ve let this happen and now we’ve got to make it un-happen. God might be merciful towards us and help us out, but only if we are turning towards Him with a very firm intention and only after being humbled to the point where we are truly repenting and fighting for what is right to stay in place. We are moving towards the Millenial Reign of Christ for 1000 years and the earth has to be cleansed of the wickedness. God will help bring that about, yes, but boy, we better be doing something about standing on the right side of the fence and showing God how we really believe.
Agree, and in reference to us needing to do something, the first thing is repent.
KEY POINT: The coronavirus bio-attack in Wuhan was carried out by foreign powers, first and foremost, to cover up the “5G Syndrome” caused by the fact that the city was established as a 5G Demonstration Zone in 2019. Many of the symptoms of radiation sickness due to over-exposure to a 5G power grid are quite similar to influenza symptoms. See Below: CORONAVIRUS BOMBSHELL: This proves it should be named “5G COVID-19”
CORONAVIRUS BOMBSHELL: This proves it should be named “5G COVID-19”
http://stateofthenation.co/?p=8061
DISPOSABLE People In The USA – GLOBALIST NWO Takeover System & Military Industrial Complex [VIDEO]
https://www.youtube.com/watch?v=6Sptm1EHco4
COVID-19: A Patently Fake Diagnosis →
http://stateofthenation.co/?p=26188
The most important video of your lifetime?
Posted on August 26, 2020
http://stateofthenation.co/?p=26197
Italian Doctor States COVID-19 is Part of World Depopulation Plan
Posted on August 26, 2020 by State of the Nation
http://stateofthenation.co/?p=26181
5 million people. Do you see any masked people?
https://www.webcamtaxi.com/en/russia/saint-petersburg/metro-gostiny-dvor.html
5 million people. In Melbourne, [test case city] the police can enter your home without warrant to horas you into Covid*19 submissive compliance.
j. Garfield,
Many thanks for the links. Recommended to all of Greg’s audience.
Rates at 0% until 2024?
Savings accounts yielding nothing.
Compound interest was nice for savers, now it’s a vague memory.
Danielle is a smart lady. She knows what she is talking about, and is very enjoyable to listen to.
Ron Paul Reports a Major Changing of the Guard
https://www.youtube.com/watch?v=21Mp93DlXbM&feature=emb_rel_end
This sounds like a good description of what’s going to happen.
‘How It Went Down – 7 Dire Warnings from the Future’
https://m.youtube.com/watch?feature=emb_title&time_continue=742&v=0vZT5aBdXwc
AR 15s are expensive weapons, the people I see toting them in Kenosha news videos could not afford these type of weapon systems. I have made this observations on one other video; also they carry them in a manner inconsistent with people who are familiar with or aware of what they are doing [skilled] with such a weapon. So rather than giving them bricks they are now supplying young angry people with semiautomatic weapons. I suspect.
Self Exiled,
Good observation on your part.
Weird things happening with comments. Today, they again disappeared after posting, but then, after another comment they appeared again, “awaiting moderation.”
But after yet another comment they vanished again!
Very strange.
Same problems still exist as stated before with my posting on Greg’s Gift. With the skill of the militias and the combat veterans in the US it will be a short war. I suspect the Obama appointed generals are not as in control of the military as they might think. Grass roots organized groups that are localized are a very effective fighting force. As are here in the Philippines , family centered: example, I was advised not to visit a confidential partners relatives in a remote provincial village because in their own words ” who knows, my own relatives could be NPA”, could also apply to Abu Sayyaf. The higher ups may have already set aside loyal cadres for his removal. If Pelouse has said it I suspect it is done.
JC Dumpster Diva Clara Bowman j. Garfield : above post for all and the correction.
The higher ups may have already set aside loyal cadres for [his] Trump’s removal.
It seems to me as in voting today by ballot, don’t forget to vote and vote often!
Comment on USAWatchdog.com and post your comment often. You might hit the jackpot!
Change the names to protect the innocent, you…..You can fool the Algorithms sometimes but you can’t fool Greg Hunter all the time.
Greg, USAWatchdog worked all these years, so please don’t fix it anymore! It’s driving us wacko in Waco!
Self Exiled,
USAWatchdoggers know where they got such expensive weapons. Who got all those American dollars? From slaving away making Americans stuff, all these years? Guess.
__ CHINA!;
The Golden Rule
_______He who owns the most gold rules!
Not to be confused with golden showers, raw intelligence based information from counterintelligence, “James Bond” wanna be, Chris Steele, former traitorous scoundrel, of the Russia Desk, for British intelligence (MI6), written and bought and paid for, Hillary Clinton and the private investigative firm Fusion”GYPED U YES!”GPS. All concocted by the FBI’s Comey and Steel and his old mates back in the Kremlin, for lots of money. To buy lots of guns too, as in, FAST AND FURIOUSE II? And for whom? I smell an old sore ass Soros rat in their, somewhere’s? That my friend, is the question!
https://us.search.yahoo.com/yhs/search?hspart=omr&hsimp=yhs-001&type=863163070¶m1=y6bdVFVIsvuYsgEClQfz8FBvKkXdqONxqOqRNOxENVYlNpG7uh2oX%2BcFg5yzL7dywJPUFflmW0KXnV9HcwcicDw6P3Ggva5xMv%2FHoKwT8OMJq9O8MQasMAsOGuhxb1gqYBCutmHbPwWP36TSqe75tsmTtXewyjqW7KT12yvM2eMpyhSnSDEIitpmw9tF%2Fn%2FJm%2F7%2FWhR0D7DDsLNMw1WaOwIRkLXH8PXFozytiP6w973%2F%2BTYGS3Iop5TFruRoKx2ylT3nSAnJ1VaUT%2B40YbAB%2Bg%3D%3D&p=gun+parts+confiscated+from+china
Self Exiled,
USAWatchdoggers know where they got such expensive weapons. Who got all those American dollars? From slaving away making Americans stuff, all these years? Guess.
__ CHINA!;
The Golden Rule
_______He who owns the most gold rules!
Self Exiled,
USAWatchdoggers know where they got such expensive weapons. Who got all those American dollars? From slaving away making Americans stuff, all these years? Guess.
__ CHINA!;
The Golden Rule
_______He who owns the most gold rules!
https://us.search.yahoo.com/yhs/search?hspart=omr&hsimp=yhs-
001&type=863163070¶m1=y6bdVFVIsvuYsgEClQfz8FBvKkXdqONxqOqRNOxENVYlNpG7uh2oX%2BcFg5yzL7dywJPUFflmW0KXnV9HcwcicDw6P3Ggva5xMv%2FHoKwT8OMJq9O8MQasMAsOGuhxb1gqYBCutmHbPwWP36TSqe75tsmTtXewyjqW7KT12yvM2eMpyhSnSDEIitpmw9tF%2Fn%2FJm%2F7%2FWhR0D7DDsLNMw1WaOwIRkLXH8PXFozytiP6w973%2F%2BTYGS3Iop5TFruRoKx2ylT3nSAnJ1VaUT%2B40YbAB%2Bg%3D%3D&p=gun+parts+confiscated+from+china
Maybe this i’ll work?
https://us.search.yahoo.com/yhs/search?hspart=omr&hsimp=yhs-001&type=863163070¶m1=y6bdVFVIsvuYsgEClQfz8FBvKkXdqONxqOqRNOxENVYlNpG7uh2oX%2BcFg5yzL7dywJPUFflmW0KXnV9HcwcicDw6P3Ggva5xMv%2FHoKwT8OMJq9O8MQasMAsOGuhxb1gqYBCutmHbPwWP36TSqe75tsmTtXewyjqW7KT12yvM2eMpyhSnSDEIitpmw9tF%2Fn%2FJm%2F7%2FWhR0D7DDsLNMw1WaOwIRkLXH8PXFozytiP6w973%2F%2BTYGS3Iop5TFruRoKx2ylT3nSAnJ1VaUT%2B40YbAB%2Bg%3D%3D&p=gun+parts+confiscated+from+china
Self Exiled;
Feds intercept nearly 53,000 illegal Chinese gun parts in Los Angeles
The stocks, muzzles and other parts were packed in their own containers on 3 ships that also carried household items, apparel, toys, and machinery.
https://www.nbcnews.com/news/china/feds-intercept-nearly-53-000-illegal-chinese-gun-parts-los-n1045481#:~:text=The%20stocks%2C%20muzzles%20and%20other%20parts%20were%20packed,Border%20Protection%20Aug.%2022%2C%202019%2C%203%3A06%20PM%20PDT
Fast and Furious II ?
Where’s Eric Holder when you need him?🙈🙉🙊
Go get some! Capeesh?
That kid with the pistol knew how to use it. I was surpiised, knocked to the ground, he whipped out that thing and shot like a country boy never missing a shot to defend himself. Score: Two less Bill Ayres forty years from now. Sadly this will not stop until the true Marxist believers that have tasted blood are eliminated. There are thousands now after this has been allowed to go on so long training and inducting new “Marxist Brown Shirt” rioters day after day.
GREG: CAF interview
I gathered from your interview with her regarding our coin shortage. that they will soon stop minting coins. That being the case, will they also cease the minting of gold and silver eagle coins?. God Bless you and yours.
Scripted Game planCentral bankers are not that stupid, they are just playing the script of the psycopath who implement the plan laid out in the 50s presumed from a Bilderberg meeting document
https://www.syti.net/GB/SilentWeaponsGB.html
Give me control over a nation’s currency,
and I care not who makes its laws. Mayer Amshel Rothschild (1743-1812)
Today’s silent weapons technology is an outgrowth of a simple idea discovered, succinctly expressed, and effectively applied by the quoted Mr. Mayer Amschel Rothschild. Mr. Rothschild discovered the missing passive component of economic theory known as economic inductance.
Those who get hooked on the economic drug, must go to the elite for a fix. In this, the method of introducing large amounts of stabilizing capacitance is by borrowing on the future “credit” of the world. This is a fourth law of motion – onset, and consists of performing an action and leaving the system before the reflected reaction returns to the point of action – a delayed reaction.
The means of surviving the reaction is by changing the system before the reaction can return. By this means, politicians become more popular in their own time and the public pays later. In fact, the measure of such a politician is the delay time.
The same thing is achieved by a government by printing money beyond the limit of the gross national product, and economic process called inflation. This puts a large quantity of money into the hands of the public and maintains a balance against their greed, creates a false self-confidence in them and, for awhile, stays the wolf from the door.
They must eventually resort to war to balance the account, because war ultimately is merely the act of destroying the creditor, and the politicians are the publicly hired hit men that justify the act to keep the responsibility and blood off the pub lic conscience. (See section on consent factors and social-economic structuring.)
If the people really cared about their fellow man, they would control their appetites (greed, procreation, etc.) so that they would not have to operate on a credit or welfare social system which steals from the worker to satisfy the bum.
Since most of the general public will not exercise restraint, there are only two alternatives to reduce the economic inductance of the system.
Each class, in guaranteeing its own level of income, controls the class immediately below it, hence preserves the class structure. This provides stability and security, but also government from the top.
As time goes on and communication and education improve, the lower-class elements of the social labor structure become knowledgeable and envious of the good things that the upper-class members have. They also begin to attain a knowledge of energy s ystems and the ability to enforce their rise through the class structure.
This threatens the sovereignty of the elite.
If this rise of the lower classes can be postponed long enough, the elite can achieve energy dominance, and labor by consent no longer will hold a position of an essential energy source.
Until such energy dominance is absolutely established, the consent of people to labor and let others handle their affairs must be taken into consideration, since failure to do so could cause the people to interfere in the final transfer of energy s ources to the control of the elite.
Silent weapons for a quiet war
https://www.syti.net/GB/SilentWeaponsGB.html#silentweapons
Everything that is expected from an ordinary weapon is expected from a silent weapon by its creators, but only in its own manner of functioning.
It shoots situations, instead of bullets; propelled by data processing, instead of chemical reaction (explosion); originating from bits of data, instead of grains of gunpowder; from a computer, instead of a gun; operated by a computer programmer, i nstead of a marksman; under the orders of a banking magnate, instead of a military general.
It makes no obvious explosive noises, causes no obvious physical or mental injuries, and does not obviously interfere with anyone’s daily social life.
Yet it makes an unmistakable “noise,” causes unmistakable physical and mental damage, and unmistakably interferes with the daily social life, i.e., unmistakable to a trained observer, one who knows what to look for.
The public cannot comprehend this weapon, and therefore cannot believe that they are being attacked and subdued by a weapon.
The public might instinctively feel that something is wrong, but that is because of the technical nature of the silent weapon, they cannot express their feeling in a rational way, or handle the problem with intelligence. Therefore, they do not know how to cry for help, and do not know how to associate with others to defend themselves against it.
When a silent weapon is applied gradually, the public adjusts/adapts to its presence and learns to tolerate its encroachment on their lives until the pressure (psychological via economic) becomes too great and they crack up.
Therefore, the silent weapon is a type of biological warfare. It attacks the vitality, options, and mobility of the individuals of a society by knowing, understanding, manipulating, and attacking their sources of natural and social energy, and their physical, mental, and emotional strengths and weaknesses.
zionrobert,
After reading your post, I am emotionally exhausted.
You are no dummy, that’s for sure. Unfortunately, I suspect many will not fully comprehend your intellectual prowess and what you are trying to explain.
A flawlessly impeccable description of what was done to my generation and the stimulus that impeded the thought processes of the Vietnam generations original motives and observations. Why didn’t it work on me?
Interesting that this document was found ”The following document, dated May 1979, was found on July 7, 1986, in an IBM copier that had been purchased at a surplus sale.” How many times have I forgotten my copy in the copy machine? Almost every time lately, comes with age.
The “SECURITY” section is a MUST READ.
”Consequently, in the interest of future world order, peace, and tranquillity, it was decided to privately wage a quiet war against the American public with an ultimate objective of permanently shifting the natural and social energy (wealth) of the undisciplined and irresponsible many into the hands of the self-disciplined, responsible, and worthy few.” The worthy few, WOW. This document is the ultimate proof of original sin. It reeks “I want to be God.” In control but personally totally out of control; trying to control everyone else. An emotionally abused child’s goal, to control the residential treatment facility. The world we are in is God’s treatment facility. Everyone has a treatment plan, not all respond lovingly, respectfully, reverently, or worshipfully. We have a will of our own [made in God’s image]. His breath lives in us until he says Not.
Danielle DiMartino says in her Fox interview that as the economy re-opens “we will see less white collar jobs” … https://www.youtube.com/watch?list=UUYPBim2ARV9Yrqci0ljokFA&time_continue=26&v=Os7Ek_osJO0&feature=emb_logo … this flies in the face of all the hype Larry Kudlow is spewing about a strong recovery over the next two quarters and into next year!!
Paul…
Don’t worry so much.
Relax, have a beer, watch an episode of The Man From U.N.C.L.E and go to bed.
(U.N.C.L.E – United Network Command For Law Enforcement)
Hopefuly that is a mis-statement about relative numbers of jobs. Bring back lots of Blue collar and maunfacturing jobs and that will make more white collar jobs too. I believe that is the way it should be building a long term powerhouse economy. I know we had a fake structure a long time but you need a lot less engineers and managers than blue collar doers in a real economy. But build the bottom and you can put our engineers to work again. We can still crank it out with the best of them when we need too. The wall can go up fast if you have the noney.
Jim Rickards:
“The bottom line is that economists know that gold could be a perfectly usable form of money. The reason they don’t want it is because it dilutes their monopoly power over printed money and therefore reduces their political power over people and nations.”
https://dailyreckoning.com/central-banks-driving-gold-2/
ENDING THE FED BY LAW
Senator Rand Paul could introduce a bill to end the Federal Reserve System. He could call it: “The Monetary Liberty Act.” It would get known as the “End the Fed Act.” Here is what the text might say.
The Federal Reserve Act of 1913 is hereby repealed. So are all subsequent acts based on the Federal Reserve Act of 1913.
All authority of the Federal Reserve System to act in the name of the United States government is hereby revoked.
The assets of the Board of Governors of the Federal Reserve System, which are already the property of the United States Government, are hereby transferred to the Department of the Treasury. This includes all of the assets listed on the balance sheet of the Federal Reserve System.
The twelve (12) privately owned Federal Reserve Banks will return all assets held in trust for the United States government within thirty (30) calendar days of the signing of this bill into law.
The gold reserves of the United States government that are held in storage by the Federal Reserve Bank of New York will be transferred to the Government’s depository at Ft. Knox, Kentucky, within one calendar year after this bill becomes law. The Government Accountability Office will conduct an inventory of the gold held in storage by the Federal Reserve Bank of New York before and after this transfer.
The Board of Governors will vacate the premises of the Federal Reserve building within thirty (30) calendar days of the signing of this bill into law.
Any pension fund assets of the employees of the various Federal Reserve Banks will remain under the control of those banks. All pension obligations under the authority of the Board of Governors of the Federal Reserve System are hereby transferred to the Department of the Treasury, to be administered under the retirement program of the Department of the Treasury.
This is simple. The Board of Governors of the Federal Reserve System is a government agency. Its authority would be transferred to the U.S. Treasury.
The dozen Federal Reserve Banks are privately owned. All authority of these 12 banks that derives from their connection to the Board of Governors will cease. If they can make a profit, fine. If not, equally fine. The free market will determine which will survive and which will not.
Is this radical? Not at all. There are two historical precedents: the refusal of Congress to renew the charter of the Bank of the United States in 1811, and the refusal of Congress to renew the charter of the Second Bank of the United States in 1836. Both of them went bust.
Greg, thanks for presenting information from all angles.
I just want to point out that there is no such thing as a former Federal Reserve official. It’s like the mafia, once you are part of it there is no getting out. DDB is controlled opposition.
WICKEDNESS WILL END; LASTING PEACE FOR THE RIGHTEOUS WILL FOLLOW: Psalm 37:10-11
10 For yet a little while, and the wicked shall not be: yea, thou shalt diligently consider his place, and it shall not be.
11 But the meek shall inherit the earth; and shall delight themselves in the abundance of peace.
Verse 29 adds that; The righteous shall inherit the land, and dwell therein for ever.
King James Version
AN END TO WARFARE: “Come, behold the works of the LORD, what desolations he hath made in the earth. He maketh wars to cease unto the end of the earth; he breaketh the bow, and cutteth the spear in sunder; he burneth the chariot in the fire.”—Psalm 46:8, 9. KJV
NO MORE SICKNESS, SUFFERING, OR DEATH: “3 I heard a loud voice from the throne say, “Look! God’s dwelling is here with humankind. He will dwell with them, and they will be his peoples. God himself will be with them as their God.4 He will wipe away every tear from their eyes.”CEB—Revelation 21:3, 4. CEB “Common English Bible”
AMPLE FOOD FOR ALL: “There shall be an handful of corn in the earth upon the top of the mountains; the fruit thereof shall shake like Lebanon: and they of the city shall flourish like grass of the earth.”—Psalm 72:16. KJV
A JUST RULERSHIP —CHRIST’S KINGDOM: “He was given authority, honor, and sovereignty over all the nations of the world, so that people of every race and nation and language would obey him. His rule is eternal—it will never end. His kingdom will never be destroyed.”—Daniel 7:14. NLB “New Living Translation”
How can we be sure of those promises? When on earth, Jesus publicly confirmed his credentials as King-Designate. He healed the sick, fed the poor, and raised the dead. Even more important were his teachings, for they include principles that will enable people to live together forever in peace and unity. Jesus also foretold future events, including those that would mark the final days of the present world.
What makes this event … https://www.zerohedge.com/technology/another-oumuamua-plot-twist-leading-explanation-interstellar-object-aliens-again …even more important is the fact that the alien ship did not even bother to try and interact with us … it just turned around and left the Solar System (when it obviously found no sign of intelligent life) … it likely categorized Earth as a planet with a bunch of non-stop warring simians (who besides killing one another for fun and profit also print fiat paper and electronic digits out of thin air and call it money) … hope it wasn’t Jesus and his army who turned away (figuring we are completely saveable)!!
err … unsaveable!
He will those who do not desire a change of heart.
If this was Jesus coming into the Solar System … one look at what evil men do to fellow men, women and children … https://zh-prod-1cc738ca-7d3b-4a72-b792-20bd8d8fa069.storage.googleapis.com/s3fs-public/styles/teaser_desktop_2x/public/2020-08/1018316866.jpg … would disgust him so much … I wouldn’t blame him one bit for leaving us to rot in our own psychopathic immorality!!
Like your picture Paul, of the mass execution. You can dig your own grave, but you can’t bury yourself. You’ll need a Nazi, [National Socialist] to finish your job!💀☠🐍⚰
Speaking of immoral psychopaths … we have Dr. Fauci going to China to develop a strain of Corona virus that will be very difficult to fight off and would require everyone to buy “his patented vaccine” developed in Big Pharma laboratory he owns stock in … https://www.zerohedge.com/medical/what-gileads-role-war-hydroxychloroquine … and then when a cheap and easy cure like zinc, etc. is found … lobby’s “to suppress access to a lifesaving treatment that is both cheap and effective” … this is “a crime against humanity” just as much as if he was holding the gun in the photo above and shooting people in the back!!!
Paul…
Uncle Fester (Addams Family) was fond of shooting people in the back to solve problems safely.
https://youtu.be/1OnJt98B6Oc
Paul,
There are also other cures. Everyone should own a mini nebulizer. You can put things like colloidal silver, MMS and other germ killing things into the little tube thing and then it breaks that down into very fine particles. Pulmiscort or Budesanine(the generic name) is also being used by doctors right now in Nebulizers. It is a cortisone that brings down the inflammation of the lungs and used along with zinc. Everyone should be getting some colloidal silver on hand and also checking out Jim Humble and MMS. You can get MMS pretty cheaply, but you have to know how to use it. It is very safe. It’s chlorine DIOXIDE and used all over the world. Also, there is ozonated water and gas. They use this in dentistry and also doing bowel cleanses. It kills germs and even parasites. But, it has to be used from a tank. Hospitals could have easily used ozonated water in a nebulizer and it would kill the germs in the lungs and go into the bloodstream as well. They still can and ought to. Find a local dentist who uses ozonated water or gas.
Paul,
Just wait for the next installment…something along the lines of the War of the Worlds theme. What better way to put even more fear into the public than to conjure up an attack from Alien Beings.
It’s 10 o’clock and getting very late in the game … do you know where your crypto is? … and what evil crooked banksters are running the crypto computers?? … https://www.zerohedge.com/markets/major-korean-crypto-exchange-seized-after-99-trading-volume-allegedly-faked … remember … if you can’t bury your crypto … it’s “not real”!!
Demon-rat “commies” unite (and vote a straight Republican ticket) … https://zh-prod-1cc738ca-7d3b-4a72-b792-20bd8d8fa069.storage.googleapis.com/s3fs-public/styles/inline_image_desktop/public/inline-images/fist.jpg?itok=ROVcH3YH … because Marxists are coming for your savings and your wealth (to a much greater degree then the Repubnlican Party) … https://www.zerohedge.com/geopolitical/marxism-coming-breathtaking-speed-do-its-too-late
Paul… a thousand years from now…
In post-apocalyptic America…
Someone will stumble upon your buried stashof gold coins…
https://www.reuters.com/article/us-israel-archaeology-gold-coins/trove-of-1000-year-old-gold-coins-unearthed-in-israel-idUSKBN25K0US
All you need to do is look at a current chart of M1, where its gone hyper-vertical, and you know the US dollar is on its last legs as viable currency. All that is missing now, is a formal ‘reset.’
Gold is pre-saging this reset, and soon will go on its own hyper-vertical rise, soon after it slices up thru minor resistance at $2000, which will forever, become support, and you’ll never see gold prices below $2000 again in your lifetime. That is, if you are at least 20 years old, and presently have a heartbeat.
Here’s what you need to do, before the US Dollar Reset, that will surely come in the next President’s term:
1) if you have an old car or two, buy as new as possible, and get as low of rate as possible on a fixed loan, that is maybe 5 years long, that is something you have the cash in the bank to pay it off. At least one new car should be a fuel efficient SUV. You may need it as your emergency shelter and bug out vehicle. A second vehicle, you may want super efficient, like around 50 mpg, and be your everyday driver.
2) If you need long overdue home repairs, like windows, or a new roof, again do it now. Prices are going to hyperinflate due to material shortages, and China may be locked off from the US as far as us bringing in their imports. Or China may cut us off from a LOT of goods, and materials.
3) Make sure every appliance you own is in tip top shape, and consider buying high efficient appliances if you dont have them, and look for long lasting value. This may be your last cheap appliance ever. Your next one after that, if you live that long, may be American made, or may be EU made, and 5 times the price you are paying now.
4) Buy a new electric (battery that is lithium) lawn mower, as ICE mowers are quickly becoming obsolete. Briggs and Stratton filed for bankruptcy, since millenials are either not buying mowers, and hiring for lawn service IF they have a home, but most cant afford a home, so they dont need one. Those being bought now, are electric, due to lower maintenance, no gas, no emissions, and lithium battery mowers are much quieter and less polluting. In a short few years, you may not be able to afford a mower. And your existing mower, if its gas engine, will likely be banned far sooner than you can imagine, especially if someone other than Trump gets elected.
5) Make sure you have a healthy stash of firearms, back up generators (battery based, not engine based), plenty of storage type batteries, and if you can afford it, a solar panel system on your roof that can supply at least 50% of what you use now. It’ll be grid tied but that is ok. You cant afford to be entirely stand alone on Solar, and even if you can, its not wise. The grid should become your ‘back up’ not the other way around. If you build larger than you need, then you can get a lot of renewable credits, and pay it all off faster. If you refinance your home, another good move, take cash out and use it for a solar panel (PV) system.
6) Consider buying a second small home, in a place you know well, that has quality water source and LOTS of it, nearby, and probably adequate farming land. Keep your primary residence. Home prices will sky rocket, not go down, since the dollar is going to plummet. Your loan through the bank, will be paid off, in much much cheaper dollars. Do all of this now, because also in the future, it will be VERY VERY hard to get any loan for cars, for homes, for anything major.
7) if you own a business, buy as many assets as you think you will need, such as tools, machines, etc., even vehicles, or forklifts, this year if possible, and write it off as much as you can using section 179D. Plan for next 10 years, and think about what you might need. You can always sell extra stuff later, since much will be nearly impossible to find or source, let alone be able to afford to purchase. Used equipment, ESPECIALLY Tooling, and machines, will skyrocket in value.
You all have heard too much about food and other normal prepping. Think more about your various income generation sources, and Im not talking about passive investments, but your skill sets. If you dont have the skills now, then forget about it. Focus on honing what you do have, and build your stack of supporting capabilities around your existing skill sets. This is not a long term endeavor. This is what you can do NOW, and at most the next 6 months. After that, you’ll be too busy in whats called major income and family SURVIVAL mode.
Good luck folks. Use your brains, and common sense, but think about how a dollar reset, by at least 30%, and more likely 50% will affect your life, and what you need to do to handle that for the next 20 years. America as we used to know it, with very cheap goods available at every store, will no longer have many stores, and very few cheap goods will come from other countries. P.S. Hoarding cash is not good. So dont do it. And dont just buy gold or silver. Its actually too late for that, if you dont have it now and in large quantities.
Well the other night I was reading a book about Weimar collapse in 1920s Germany. After the great war a German service man went to his local bank and was able to borrow 4.5million marks. He purchased a property with a big mansion and farmland included. The following year he planted potatoes in the fields and by september that year he sold half the potato crop and with the monies he was able to to go back to the bank and pay of the mortgage loan completely. Any furniture or clothes he wanted where exchanged for potatoes. 1923 was the year of the wheelbarrow in germany. A piano was exchanged for a bag of flour. Four bags of potatoes purchased a gold watch. When the dollar collapses make sure you have a good stock of food and a good circle of family and friends who you can rely on and borrow and exchange goods with. Learn to grow your own food and keep a supply of medicine and herbal vitamins on hand. If you can, keep goats, chickens, rabbits, and learn how to butcher them correctly. Learn as much as you can with regards to surviving the great depression. Stock up on cigarettes,alcohol,toilet paper,and disinfectant. You can use these for barter when the time comes.
Keith W,
What about Pringles? They have a fairly long shelf life.
The immoral psychopaths at Google and You Tube want to take away our First Amendment rights … the immoral psychopaths at the DNC want to take away “all the rest” … the latest DNC logo tells it all … https://secondnexus.com/greg-locke-dnc-logo-satanic … these DNC “commie” pizza and hot dog eating sadomasochistic perverted pedophiles belong in the fiery cauldrons of Hell where God the Father mans the billows to turn up the heat!!
Paul…
What about the Chrome logo?
https://support.google.com/chrome/thread/44589904?hl=en
Man alive Greg, all my favorite guests lately, Cahn, Polny, Hemke, Morgan and now Danielle D Booth. You’re hitting grand slams out of the park, so thank you!!
Danielle is so smart, it made my brain hurt, and she multi-tasks like a boss too.
Thanks again Greg, you’re GREAT.
SOME/MOST LOW-MIDDLE INCOME PEOPLE should NOT own homes, they should RENT, but if JOE BIDEN’S help for people to buy a home becomes reality, it will we welcome to ALL real estate appraisers who in 2-5 years will be doing the LIQUIDATION APPAISALS on these homes.
One thing everyone must know about Gold….in 1810, let that date sink in, 1810 Nathan Rothschild bought 800,000. British Pounds worth of gold. He would buy gold daily, “he leapt into and out of the gold market with TENS OF THOUSANDS of Pounds, never missing a beat, never in to early or out to late”, From the Rothschild’s book. Nathan Rothschild made millions of pound doing this. The gold market has been manipulated ever since. We puny humans think we will out last the market rigging, we will not. They have trillions of dollars, yen, pound and every currency in every country they have a central bank. That is all countries except Russia, Iran, North Korea and China. Same thing for silver….in the 1700’s the Rothschild’s got out of the coffee business because there were to many fake coffee beans on the market. So what are we drinking every morning if coffee was made fake in the 1700’s?
Robert B,
If we are not drinking real coffee, could it be “Soylent Green” coffee?
What would Juan Valdez say?
https://youtu.be/y406BtfFjEM
Hi Greg:
When I watched the Cathrine Austine fitts interview and she mentioned “this is what World War III looks like” when it comes to the town riots and lootings. I took a mental snap shot of that statement.
Today I dropped off an Uber passenger in kenosha and drove through and streamed a live video on the dash as I was leaving – What the video doesn’t pick up too well is the graffiti because of the angle of the camera. Many reference Obeying the New World Order and Black Lives matter.. The Chicago passenger I was taking to the Kenosha Harbor to his boat even mentioned “they dont want to do that”. video link. –
https://www.facebook.com/100035460882261/videos/329080471617313/
I just thought that it was interesting – I think Cathrine nailed it … “This is what world war III looks like – it’s with the New world Order. We can’t even see them! But right now they are in Kenosha and sitting up an example of what happens when you don’t do as they say?
have a good one,
Thanks
Paul Anthony
Good interview but sadly she is caught up in the China -bad guy narrative. The USA, China and Canada were all working together on the bat virus research, and the US was funding Wuhan, and the Drs from one country were also working in the other countries, and all three were in the WHO. To suggest the Chinese were withholding information is ridiculous — the entire political theatre surrounding Covid is a hoax, and anyone paying attention knows that without Q.
I do appreciate her financial expertise, so thank you there. 🙂