COMPLIMENTS OF THE LIFSCHULTZ ORGANIZATION FOUNDED IN 1899
You might think that the Union Pacific would be giving fertilizer a priority.
While we are at it the bank lending practices were deregulated so the poor are paying 25% interest on their credit cards while the bank borrowing cost at the Federal Funds rate are as follows:
The Federal Open Markets Committee (FOMC) sets the federal funds rate—also known as the federal funds target rate or the fed funds rate—to guide overnight lending among U.S. banks. Fed funds is set as a range between an upper and lower limit, currently 0.25% to 0.50%.
How was half the US industrial capacity transferred overseas to cheap labor markets? Simply by currency rigging as if you have a trade deficit the increase in dollars created to buy the foreign goods will find prices rising as the dollar falls in value based on excess supply. This would create a self-correcting mechanism. This is counteracted by a dirty float by which the foreign central bank rigs the exchange rate by buying dollars to hold up their exports to the US. This is explained in the correspondence between myself and Bob Rubin when he was at Treasury. A blind copy went to the head of the deep state that Rubin ran to in fear. I received a call from number one to lay off. See first link below.
Now labor is supposed to be a Democratic constituency. Good paying factory jobs for labor were wiped out. Then, immigration was accelerated opening the vast army of the unemployed all over the world who flooded to the US to drive down labor rates by increasing the labor supply. The reserve army of the unemployed was the whip in the hands of the capitalist, said Marx, to drive down the wage. Even Republican farm combines wanted this cheap labor for harvesting crops on the border states in the southwest. The American laborer was stabbed in the back.
I wrote my friend Donald Trump when he was President that he should proclaim that he was going to start a reverse rig to create dollar credits to buy foreign currency credits of the manipulating foreign central banks in a reverse rig, and wipe out the current account deficit of a trillion dollars a year in one step, and he caught the football that I passed to him, and ran down the field only to have the deep state tackle him before he reached to goal line. That was the end of that.
These rigged currencies are taken advantage by speculators who buy companies to transfer the jobs overseas:
Now let’s talk elementary central bank finance. Between 1914 when the Federal Reserve Bank was created and 2008 less than one trillion dollars of credit had been created from 1914. In 2020 lockdowns took place based on an alleged pandemic which has been disproven as US death rates in that year based on insurance death payments were about the same as 2019. The official figures were rigged. In 2021 the insurance death payments have increased 40% between 18-64 years of age based on the poisonous vaccinations. See footnote one for links to prove this. Yet over five trillion dollars of Fed Credit was created between 2020 and 2021 or five hundred years of credit to cover the lockdowns. A negative bond interest rate in real terms was created by the US central bank buying the Treasuries, and hot money went from bonds where there was no return on investment to stocks creating a gigantic rise in the stock market. The economy rebounded. Foreigners dumped bonds and bought US stocks. The inflation rate has soared to over 20% based on the Federal Reserve credit expansion but the CPI only shows about 8% inflation. Forget about the fake CPI which is doctored but based on 1990 Bureau of Labor statistical methods it is 17%. In addition, since rapidly rising commodities are replaced by lower priced alternatives in their methodology the real inflation is even higher than 17%. What this means that the poor who rely on Social Security are starving.
So the Federal Reserve has started tightening. Interest on bonds will start rising and there will be a shift back to bonds from stocks leading to a crash. If the interest rates do not rise, inflation will continue a violent spiral upward. The Democrats face Armageddon at the coming election in November but they brought it on themselves. They have betrayed the poor.
As a footnote I may add that the President is selling oil from the US oil reserve to drive down the oil prices for the coming election but the problem is that the Iranians and Russians are discussing the closing of the Straits of Hormuz that the US military advises me that they cannot keep open. The Russians with their former provinces which they control contain 25 million barrels a day of production while 22 million barrels a day pass through the Straits of Hormuz. There are 100 million barrels a day of world production. If the Russians and Iran cut off half the world’s production, the oil price will rise to over a thousand dollars a barrel according to the Goldman Sachs oil derivative expert. Oil alone would then be over 40% of the world GDP. That gyration would collapse the 2.5 quadrillion world derivative market crashing the entire world banking system according to Henry Kaufman and all banks would have to be nationalized but the world would sink into the greatest depression in world history. The US unemployment would then exceed the 50% of Germany in 1933 leading to world revolutions all over as in 1933 Germany. Marie Le Pen just received 41.5% of the French vote based on the beginnings of the Russia oil and commodity cutoff to the west. You can imagine if we had world financial crises as in the 1930s.
We will only have ourselves to blame if we ignore these problems..
“The fault, dear Brutus, is not in our stars / But in ourselves.” (Julius Caesar, Act I, Scene III, L. 140-141).
The so-called coronavirus US death rate in 2020 was the same as 2019 as pointed out in this video by Dr. David E. Martin indicating that there was no pandemic in 2020. Insurance death payments for insurance companies did not rise in 2020 the so-called pandemic year versus 2019. The entire interview is worthwhile but the death rate part is at 18:30 minutes into the video for a couple of minutes for those who do not have time to listen to the whole interview. The death rates skyrocketed in 2021 from the coronavirus vaccinations.