As we've said before this is an analysis-paralysis. sit-on-its-thumb-do-nothing- Federal Reserve that's been way behind the curve way too long. It's really a disgraceful outfit that increasingly provides proof for it's being put into economic mothballs once and for all. To say it's an enemy of the people is, if it got any more straight forward, it would be an example of a declarative sentence on the your kid's soon-to-be-free college entrance exam.
Central banking has been one of the main weapons ruling globalists use to control and keep the rabble in their place. It's good for all.They have more power over your life and economic future than you'd ever imagine. And that's exactly what they and their cohorts want. Central banks have done more to create the current gap between the rich and the poor than any other single institutional entity on the planet. And that covers some serious bureaucratic ground.
These are bumbling, stumbling non-elected bureaucrats who are bereft of either courage or direction. These are bobbling-headed pawns appointed by the big banking elites who buy their friendships in the nation's capitol. This is the Hilary Clinton's of the world. Not to suggest for one cool summer evening second that the other side is any different or better. It isn't. The idea of a lessor of two evils is bogus to the bone. There is only one evil. And the people around the globe, thanks in part to the Internet, are getting it.
The idea of globalizing the globe is hardly a new one. It's the same old scheme wrapped in different packaging. International trade deals that benefit the few and harm the many. Many of these deals are formed, signed and delivered in private. You don't have to ask why. It's an age old ploy, better to ask for forgiveness than permission. The entrenched and the scaremongers will tell you scrapping these will put an end to cheap product prices, a bane for the already dispossessed. To show you just how confused these so-called experts are, yesterday you had the President of France, currently the second largest economy in the EU, greeting the new UK Prime Minister with this admonishment: "Don't delay the exit."
Not too far away the same day, ECB President Mario"Whatever Doesn't Work" Draghi disappointed many by holding the lid on further monetary expansion, saying it was too early to gauge Brexit's full impact. In Japan, a nation that's been depressed for so long, rumors are afloat that big pharma is secretly working on an anti-depressant, possibly a trillion dollar darling, they're considering labeling, the Japanese Jolt, further confusion reins. China's phony one unified leadership front seems to have caught the American disease, my incompetent leader is less incompetent than yours. That can cause a brouhaha. In a decade China went from being an economy tenth in size.to the globe's second largest. Even in a decade that's big meal to digest.
Somebody got terribly rich along the route. Now we have Wall Street bankers like Jamie Dimon tossing a pay raise bone to a group of workers who have been overworked and pathetically underpaid since the late JC plied his craft near Bethlehem. Here's a guy who a while back put $20 million supposedly of his own money to prop up confidence in his company's stock. Banks in case you have not noticed, despite the Fed's near decade long largess, weren't doing so well at the time. Word at the time was his bonus for the previous year hit $30 million. So how much of it was really his own lucre?
Now back to the Fed. MSM wants people to believe their main meme: Be happy. Be grateful. The long-elusive inflation just peeked around the corner from it's hiding place as did recent job numbers, China really isn't a mess, the only bubbles around the globe are those in your bath water and your fantasies, debt levels are high but so what, everyone gets high once in a while, stock markets are setting new records, GMOs are good for the soul and some pocketbooks, just not yours, but we've got a handle on this. Be happy. Don't worry.
Well, here's something as an investor you might want to get a handle on--taking the other side of that trade.
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