(Ron Paul)—A clip from the 1990 movie Home Alone where the lead character purchases groceries, household goods, and toys recently went viral because he paid a total of $19.83 whereas today the same purchase would cost over three times as much. Ironically, while this evidence of the Federal Reserve’s failure to maintain the dollar’s value was going viral, stocks rose because investors believed the Fed had successfully engineered a “soft landing” by bringing down price inflation without causing a recession and would soon begin reducing interest rates.
Then, stocks fell at the beginning of the year when the release of the notes of the Federal Reserve Board’s last meeting suggested the Fed would not hurry rate cuts. The likelihood of a delay in cutting rates was further increased by a “positive” December Jobs report.
The jobs report did show unemployment remaining low and wages slightly increasing, but the news was not all positive. One of the report’s most troubling items is that a top source of increased wages is government. An increase in the salaries of government employees also increases government debt, which will have to be paid for by taxes. Since tax increases are unpopular, the government relies on the Federal Reserve to do the dirty work by purchasing federal debt instruments and thus creating more inflation. This inflation tax is the worst of all taxes because it is regressive and hidden.
If the Fed allowed interest rates to increase to anywhere near what they would likely be in a free market, interest rate payments on the federal debt would rise to a level causing a financial crisis. Even though the federal government will soon spend more on interest on the federal debt than on the Pentagon and the military-industrial complex, few in DC are serious about cutting spending. Federal debt increased by one trillion dollars from mid-September to the beginning of the new year. It is expected to increase by around another trillion dollars by the end of March! To put this in perspective, consider that the federal debt did not reach a trillion dollars until 1981 — almost two hundred years after the Constitution was ratified.
Continuing increases in federal debt and Federal Reserve created inflation will lead to economic crisis caused by a rejection of the dollar’s world reserve currency status. There is already resentment over the US government’s use of the dollar’s reserve status to support US sanctions This is why Russia and Iran recently signed a deal to trade in their own currencies rather than in dollars and Russia is no longer accepting dollars for its oil.
President Biden has kept his promise to refrain from criticizing the Fed’s conduct of monetary policy. In contrast, his predecessor regularly took to Twitter to lambaste the central bank. This means the Fed will likely try to help President Biden by trying to keep interest rates low enough to not increase unemployment yet high enough to not increase price inflation.
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While Donald Trump is more likely than Joe Biden to challenge the deep state and neoconservative foreign policy, the truth is neither Biden nor Trump will seek to reduce spending. Unless a critical mass of Americans demand an end to the welfare-warfare state and the fiat money system, the soft landing sought by the Fed and the politicians will turn into a hard crash.
Controlling Protein Is One of the Globalists’ Primary Goals
Between the globalists, corporate interests, and our own government, the food supply is being targeted from multiple angles. It isn’t just silly regulations and misguided subsidies driving natural foods away. Bird flu, sabotaged food processing plants, mysterious deaths of entire cattle herds, arson attacks, and an incessant push to make climate change the primary consideration for all things are combining for a perfect storm to exacerbate the ongoing food crisis.
The primary target is protein. Specifically, they’re going after beef as the environmental boogeyman. They want us eating vegetable-based proteins, lab-grown meat, or even bugs instead of anything that walked the pastures of America. This is why we launched a long-term storage prepper beef company that provides high-quality food that’s shelf-stable for up to 25-years.
At Prepper All-Naturals, we believe Americans should be eating real food today and into the future regardless of what the powers-that-be demand of us. We will never use lab-grown beef. We will never allow our cattle to be injected with mRNA vaccines. We will never bow to the draconian diktats of the climate change cult.
Visit Prepper All-Naturals and use promo code “veterans25” to get 25% off plus free shipping on Ribeye, NY Strip, Tenderloin, and other high-quality cuts of beef. It’s cooked sous vide, then freeze dried and packaged with no other ingredients, just beef. Stock up for the long haul today.
But, but you have to look at U.S. debt like it really is. I doubt that the dollar is worth 2 cents as compared to a dollar in 1900. So, let’s see if I can figure this out … uh, 700 billion. I think that’s right. So, we only actually owe less than one trillion. See, our debt isn’t so bad after all. I feel all better now.