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VεριταςVιταλ
1/ What happens when the Fed buys up every ounce of bad debt and absorbs it onto its balance sheet? The currency gets devalued, because it is backed by nothing. Once the currency gets devalued, the debt on the Fed's balance sheet gets devalued, and is essentially forgiven.
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VεριταςVιταλ Oct 9
Replying to @VeritasVital
2/ In usual circumstances, this is counteracted by consumers having essentially no purchasing power, leading to the utter collapse of the economy. This could be solved by instituting a real currency, but that has never happened because it would destroy the Fed. Enter Trump.
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VεριταςVιταλ Oct 9
Replying to @VeritasVital
3/ The old-guard financiers and moneymen don't understand what Trump is trying to accomplish. They have accepted the Fed as a part of life and will never see it as a target. So as the currency gets devalued, they'll assume Trump is finished, when it is really part of the plan.
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VεριταςVιταλ Oct 9
Replying to @FortAwesome451
4/ I think it was who hypothesized that this would be the true (or at least one meaning) of "10 Days of Darkness". The sky will appear to be falling. The currency will plummet. Banks may go on holiday. But Trump needs to allow it to fall all the way to wipe debt.
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VεριταςVιταλ Oct 9
Replying to @VeritasVital
5/ At the end of that ten-day period, Trump will announce a new currency backed by the assets he has been buying up with soon-to-be-worthless government debt and a strong dollar. Why has Trump spent so much? Because he is buying assets for what is essentially just paper.
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VεριταςVιταλ Oct 9
Replying to @VeritasVital
6/ What is the root cause of the current liquidity shortage that is forcing the Fed to buy bad debt? I think it is Trump buying up assets (gold, silver) as we speak with an over-valued dollar. He's making his move.
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VεριταςVιταλ Oct 9
Replying to @VeritasVital
7/ This amounts to essentially a gigantic option. Because of the strong-dollar, Trump is buying gold at an extremely low price, in real terms. As the dollar weakens exponentially, every single drop of wealth in our country will be stored in gold and reissued as currency.
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VεριταςVιταλ Oct 9
Replying to @VeritasVital
8/ Trump is dismantling the time-bomb [they] use to keep you enslaved, and preserving (potentially increasing, as well) your wealth (and cancelling your illegitimate debt) while he does it.
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VεριταςVιταλ Oct 9
Replying to @VeritasVital
9/ Again, this could have been done during any recession. It wasn't because it would mean the end of the Fed, and no President, with the exception of JFK, has ever wanted to do that before (because they were selected by the Fed). Once it is done, huge busts won't exist.
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VεριταςVιταλ Oct 9
Replying to @VeritasVital
10/ In the absence of manipulation, the economy DOES NOT experience major depressions. In the absence of controlled media, emotional responses do not control the market. In its natural state, the market ebbs and flows but follows an upwards trend with productivity increases.
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VεριταςVιταλ Oct 9
Replying to @VeritasVital
11/ Think about it. Technology, in the absence of manipulation, does not regress. It only progresses. Human capital only gets more skilled. There is no logical reason for the economy to implode unless it is encouraged to do so. Everything you've been taught is a lie.
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VεριταςVιταλ Oct 9
Replying to @VeritasVital
12/ Last note: I'm very libertarian ethically, so I have historically been apprehensive about Trump's spending. However, it makes sense when you look through this lens. Trump is gifting us all a completely rebuilt nation (after decades of sabotage) for nothing.
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VεριταςVιταλ Oct 10
Replying to @VeritasVital
Addendum: Some have wondered why banksters are allowing this to happen. The answer is that they have no choice. Fed has 7 governors. 5 slots currently filled, 4 appointed by Trump. However, the shareholding banks have tried to stave it off via manipulation of gold prices (JP).
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