USFed QE Volume to Triple, Not Taper! Global Currency Reset!
“THE REALITY IS THE USFED IS MONETIZING AT LEAST $200 BILLION PER MONTH, MORE THAN DOUBLE THE OFFICIAL VOLUME STATED AND ADMITTED.” – Quote
- USFed QE Volume to Triple, not Taper!
by Jim Willie CB, GoldenJackass.com
The US Federal Reserve bond monetization support for government finance support, financial markets, banker welfare, economic props, redemption coverage, and liquidity fire hose functions will continue to expand and definitely not diminish. Only the brain-dead, the system wonks, and the deeply deluded believe the QE volume will taper down. They are paid to think that way in the public forum, their minds compromised, their hearts darkened, their paychecks dependent. As preface in order to properly comprehend the national situation, keep in mind that the USEconomy is stuck in a nightmarish quagmire, with growth steadily in decline at between minus 3% and minus 5% annually, when reality is required. The propaganda must be pushed off the road, the price inflation not labeled as growth, and the system perceived for what it is. The USEconomy is in grotesque deterioration with absent critical mass of industry, widespread debt defaults, retail liquidations, idle plant and equipment (including malls), and systemic capital destruction from the monetary hyper inflation and the imminent specter of ObamaCare tax. In queer fashion, the modern day US factories have become shopping malls. They suffer from at least a 25% vacancy rate nationally.
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Therefore the USGovt deficits will rise, not fall. All economic forecasts offered from official podiums and stages are loaded with nonsense, deceptions, and propaganda at worst, but wishful thinking, delusion, and hope at best. None contain any accuracy required like in a business setting where competence is rewarded and excellence is expected. In the national offices, loyalty, marketing, and toeing the party line are rewarded, just like in a Central European nation in the 1930 decade. The Jackass prefers to call it Reich Economics laced with Soviet Central Planning. The United States has become an unsavory mix of fascism and marxism, the common threads being systemic decay during the eradication of civil liberties.
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The major channels will force the USFed to turn up the volume. The May Taper Talk was definitive in its result. The entire financial markets, credit market, liquidity pipes, and economy depend upon the USFed funding. The system cannot sustain itself through vitality, and surely not through savings. So the USFed relented, they blinked, and when they briefly told the truth, they admitted the QE volume would continue forever and a day. Given the political pressures, and some reflection in corner office lavatories, they toy with the concept of tapering again. They realize the hyper monetary inflation has turned into a deadly toxic dependence. It is useful for the mere mortals among the 99% crowd to absorb the realities behind QE and its true nature, better described as QE to Infinity. The sidebar is Zero Percent Forever. The USFed is stuck in the destructive monetary policy, as the Jackass has described since early 2009. The ultra-low rate would not be temporary. The bond purchase plans with printed money would not be temporary. Many are the channels that must be covered by USFed bond monetization. They run parallel to the channels of USTreasury Bonds being returned to sender, listed in July. Regard this article as an update, required to counter the never ending propaganda and deception directed at the public with media scatterguns. It will be illegal someday before long to warn the masses.
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GOLD MARKET EFFECT
The Gold Trade Settlement system is moving closer to reality each month. No amount of pressure and obstruction can prevent its progress, its development, and its evolution. The movement to create a non-USDollar alternative to trade, with serious banking reserves management system consequences, will not be deterred or halted. The Global Currency Reset is an extremely complicated undertaking for the major nations of the world. Most people, and many analysts, believe it involves the currency market and the banking systems. That is true enough. However, my informed sources indicate that the entire Reset initiative involves around 8 to 10 very complex, very thorny, very disruptive factors. The fallout from the reset will bring changes to the world order, changes to the balance of geopolitical power, changes to castle lords, changes to Third World residence, and great unclear threats to nuclear proliferation. To regard the main items as currency exchange rates and defaulting banks is painfully naive, but all too prevalent. The reset initiative must be done with respect to careful agreements forged and delicate recalibration of the global balance of power. Both sides possess nuclear weapons and other nefarious devices like electro-magnetic pulse weapons.
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The winner will be the Gold Market. The loser will be the United States, the United Kingdom, and Western Europe. These regions will tiptoe into the Third World if lucky, and fall head first into the Third World if not careful. They should have thought more fully about the Chinese Most Favored Nation pact back in 1999. The low cost solution as center piece to globalization effectively destroyed the Western economies, by removing the industrial core. It was far more carefully planned than the great majority of people believe. The ultimate goal in my opinion was to wreck the cradle of capitalism in the United States. The compromise was to create the newly industrialized Chinese superpower, which will fall victim to fascism soon enough. It is the natural course, given human nature and the proclivity toward corruption, inefficiency, power, and greed. The winner will be Gold. It will reign over banks again. It will serve as arbiter over trade again. Its bright yellow lights and strong whips will emanate from the East.
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