Every magic trick has three parts, or acts. This current one we are living in will be a painful trick unfortunately ON the American people and will have very dire consequences for our very way of life.
Act 1: 🤢 A Terrible Virus 😱
The Coronavirus reins down fear and death on the United States. Despite its apparent novelty, this is relatively normal in the scheme of history—as global pandemics have occurred thousands of times throughout mankind’s existence on this planet. Jobs are lost and our way of life is severely threatened. But this time things are different! We have a great magician on our side to help us weather the economic impacts of this terrible event!
Act 2: 🤩 Inflation & Debt to the Rescue 😍
The great Magician, the United States Federal Reserve—working in close concert with the United States Congress— assures us we need not fear. “Unlimited money printing” and “whatever it takes” will be done through stimulus, bailouts, lending, borrowing, gifting, and inflating to ensure our economy will be safe and sound.
Ah, the audience gasps, how can this be true? How can just printing money make us all safe and prosperous again in this time of great peril?
BUT – indeed! Jobs are saved. Money, like manna, is delivered on high and en made. The stock market roars back to life! This is true magic! We are saved!
Act 3: 😳 Hyper-Inflation! 😧
The “Prestige” to the trick is unveiled!
Oh no! It turns out the magician was just a liar and a fraud! All our money is now worthless. Now we have a terrible virus AND no value to our currency. Rut roh. The Prestige was that a dirty trick was played ON us, not for us. Voila!
Inflating the money supply (aka creating massive inflation) during a crisis and going into massive debt is like trying to dig your way over a mountain. History should be our guide, not Keynesian vudu. Actual transcript from Powell during his interview on 60 Minures below: https://www.cbsnews.com/news/coronavirus-economy-jerome-powell-federal-reserve-chairman-60-minutes/#app Scott Pelley: Where does it come from? Do you […]
8 easy to understand reasons why every person in America (who has any sort of disposable income) should buy gold: The FED is an enemy that can’t be fought. So – ‘Don’t fight the Fed’. The fed is actively fighting tooth and nail to inflate the dollar every day. It’s been doing so since 2008 […]
My investment advice for those who ask “what should I do now, knowing the economy is going over a cliff in the near future?” – outlined below is what I feel is the safest bet for all. It’s extremely high level and given the nuances involved, feel free to comment below or PM me for […]
Here are the three best ways to short the market… Keeping Your Options Open Now, what do we talk about when we talk about short-selling? In its simplest form, shorting means borrowing shares from your broker, selling them immediately, and them buying them back (closing) at a cheaper price. You keep the difference. This process […]
Foreword Nothing in this article is unique. Literally nothing. I am heavily borrowing (with full credit where it is most due) from the technical and monetarist gurus whom have most influenced my life from a financial standpoint. To download this article as a PDF – click here. Dave Ramsey—who doles out solid financial advice “your […]
DEFINITIONS Democrats: A left-leaning political party full of bleeding-heart pansies who are all high on the devil’s lettuce. Republicans: A right-leaning political party packed with rednecks who love guns and God, in that order. ORIGINS Democrats: The Democratic party was founded as the dying wish of Karl Marx in 1883, who wanted to infiltrate the […]
History doesn’t repeat itself but it often rhymes.” – Mark Twain Financially speaking, we are being told that things in the USA are good. Really good! Turn on CNBC or any news channel and the stock market is surging; the economy is “bouncing back.” The Fed is raising rates because future economic outlook “is bright.” […]
You might be a statist if… If any political discussion finds you regularly using the expression “it’s clear the government isn’t doing enough to ” … you might be a statist. If you’re left-leaning and see “the evil Right” as the cause of all major problems…you might be a statist. If you think the war […]
Taken from this article: https://www.procon.org/headline.php?headlineID=005323 San Francisco 49ers quarterback Colin Kaepernick first refused to stand during “The Star-Spangled Banner” on Aug. 26, 2016 to protest racial injustice and police brutality in the United States. Since that time, many other professional football players,  high school athletes, and  professional athletes in other sports  have refused to stand for the national […]