Skip to content
Socio-Economics History Blog

Socio-Economics History Blog

  • About

Socio-Economics History Blog

Socio-Economics History Blog

Jeff Snider: The Global Currency System that Really Matters

September 30, 2021 by mosesman

  • Palisades Gold Radio
    Tom welcomes an extremely thought provoking guest Jeff Snider to the show. Jeff flips the lid on the global shadow money system and shows us all the mechanisms and leavers that lie in the shadows. To subscribe to our newsletter and get notified of new shows, please visit http://palisadesradio.ca
    –
    Inflation is understandably an emotional topic and often a difficult conversation to have. Inflation is always and everywhere a monetary phenomenon. It’s usually a significant increase in prices across a broad swath of the economy. In order to see sustained price increases, you need to have too much money chasing too few goods. Bank reserves are not money they are a unit of account used in the banking system. Therefore the Fed isn’t flooding the world with money. The balance sheet of the Fed is a reaction to something else happening behind the scenes. Reserves are not the same as printing dollars. What we have seen in the CPI and PPI figures recently seems exclusive to the United States. We see these humps in these flawed measures which clearly line up with the reopening of the economy. We also see a response from the large drops of helicopter money but these conditions tend to be temporary.
    –
    Part of the Fed’s objective is to promote expectation policy. Some of their plans are intentionally designed to register an emotional response. Something is not right with what we are being told. They don’t actually print money, that’s why the dollar and inflation don’t get out of control. If you believe the Fed is printing money then you will act on that information. That is the point. This is called expectation policy. Jeff points out that the Eurodollar system plays a key role in the global reserve currency system. The Euro is a virtual reserve-less currency standard that is global. Jeff explains why Evergrande is not a Lehman moment because it’s an intentional event created by China. China is attempting to transition to a more socialist state via a system of managed economic contraction. Crypto prices today are way out of whack with the rest of the economy and the idea of ledger money is not a new phenomenon. Since a tidal wave of inflation is not coming the shift in the narrative will cause problems for crypto. Central bankers no longer understand money or what is going on with the system. They only look at various metrics to judge if their policies are working. Time Stamp References:
    –

    0:00 – Introduction
    0:40 – Inflation Causes

    3:17 – Sustaining Inflation
    6:54 – Camel Humps
    10:52 – Fed Policy Approach

    13:50 – Bank Reserves
    16:14 – Reverse Repo
    17:40 – Euro Policies
    23:53 – What broke in 2007?
    27:40 – U.S. TIC Data
    32:26 – An Evergrande Moment?
    36:55 – China’s Debt & Risk
    39:11 – Gold and/or Crypto

    43:12 – Where is the risk?
    45:30 – Fed & U.S. Gov’t
    48:20 – Lies & Statistics
    54:52 – Course Corrections?

    56:42 – Digital C.B. Currencies
    58:46 – Money Vs. Currency
    1:01:52 – Concluding Thoughts
    1:07:35 – Wrap Up
    –
    Talking Points From This Episode
    – How bank reserves and how the shadow banking system works.
    – Why the Fed’s main job is ‘managing expectations’.
    – The 2007/2008 crisis and the real causes.
    – The importance and role of the Eurodollar system.

end

Post navigation

Previous Post:

Pastor Coverstone Warning Dreams of Last Year: Baltic Index is Almost Dead 09/29/2021

Next Post:

Scientists Are Tracking a Meteor Shower That Occurs Just Once Every 4000 Years!

Pages

  • About

Recent Posts

  • ALERT! “The RIOTS Start SOON” The Collapse Has Only Begun! HYPERINFLATION and WW3
  • Massive U.S. Dollar DUMP? China Allies ASEAN and Brazil Abandon the Dollar to USE the Yuan.
  • ‘Peacekeepers’ Deployed to Ukraine Without Russia’s Consent Must Be Eliminated – Medvedev
  • Russia Faces Western ‘Existential Threats’!
  • BRICS Working on New Form of Currency – State Duma Deputy Chairman
  • China And Putin Just DEALT The U.S. Dollar a Fatal Blow
  • URGENT: “Once the Dollar Loses Reserve Currency Status – There’s NO GOING BACK”
  • Oh SH*T, The U.S. Dollar is in Real Trouble | Morris Invest
  • BRICS Working on a New Currency for Trade as an Alternative to the Dollar
  • Russia to NATO: Bring Body Bags for Troops If They Enter Ukraine
  • CHINA DECLARES NEW WORLD ORDER! – Everything Is About To Change!
  • UN Disarmament Chief: Risk of Nuclear Weapon Use Is Highest Since Cold Warw`
  • Trump Indicted, Died Suddenly Increasing, De-Dollarization & Inflation
  • CERN Scientist Claims They Have Opened a Portal to Another Dimension!?
  • Not By Yuan Alone: Whole Set of National Currencies To Deep-Six US Dollar Dominance
  • Damascus Rocked By Israeli Attack On Heels Of Saudi-Iran Rapprochement
  • Russia Strikes NATO Command in Ukraine with Hypersonic Missile?
  • How The Fed Could Turn Us All into ‘Billionaires’ | E.B. Tucker
  • Nouriel Roubini Warns of Crashes, High Rate ‘Megathreat’
  • Banking Crisis – Credit Suisse $17BN AT1 Bonds Write-Off Means $275BN Co-Co Market Faces Collapse??

Archives

  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011

Categories

  • Disaster
  • Economics
  • Endtimes
  • Geo-Politics
  • History
  • Medicine & Health
  • Satire
  • Science & Technology
  • Social Trends
  • Uncategorized

Meta

  • Log in
  • Entries RSS
  • Comments RSS
  • WordPress.org
September 2021
M T W T F S S
« Aug   Oct »
 12345
6789101112
13141516171819
20212223242526
27282930  
© 2023 Socio-Economics History Blog | WordPress Theme by Superbthemes