Posts Tagged ‘Petro-Dollar’

Disclosure is a beautiful thing…  To some, it may be a nightmare.

Enjoy and remember, read without judgement based on past programming and discern the truth through your heart. Get out of your mind quickly!

–Angel


 

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Nesara blog

http://nesaranews.blogspot.com/2014/09/alien-agenda-vi-worm-has-turned.html

by Preston James

aliens-nordic1Note: This article is written for retired military and Intel with advanced knowledge of Secret Space War matters. Its purpose is to provide information about a certain group of notably evil Alien ET visitors who formed a long-term association with Super-elite criminally-insane Psychopaths who hijacked America in 1913. These super-elite Deviants were given incredible power and authority in exchange for enacting the evil Agenda of this Alien ET group best described as Cosmic Parasites. This group of super-elite Deviants is best referred to as the Ruling Crime Cabal (RCC) AKA the “Illuminati”.
If you are not aware of the background information and evidence that is available about this ongoing Secret Space War, you are probably wasting your time reading this and it won’t fit into your mind.
The Ruling Crime Cabal (RCC) has done their best to keep you from knowing about Secret Space War matters. There has been a long term energetic effort to keep this information from “We the People” as well as anyone including the High Military Command who does not have what they define as an “absolute need to know”.
Recently during the last several years Majestic-12 (AKA MAJIC), the Secret Group that has maintained authority over all Alien ET matters since it was created by President Truman in 1947, has apparently voted to allow public disclosure.
The Ruling Crime Cabal (RCC) is comprised of a Working Alliance between the Bush Crime Cabal (BCC) and the International Zionist crime Syndicate (IZCS). This Ruling Crime Cabal/Coalition is best described as the Illuminati because that is what they call themselves and prefer to be called by Insiders.
2This RCC gained power in three major Coup d’ Etats, the first in 1913 with the illegal, Unconstitutional passage of the Federal Reserve Act, the second with the Assassination of President John F. Kennedy, and the third with the deployment of a Gladio-style, False-Flag Inside-job Nuclear Attack on America on 9/11/01. It was during this time that Israel used nuclear blackmail to coerce the US Administration and top USG officials to allow the creation of Homeland Security (DHS).
The creation of Israeli controlled Homeland security (DHS) provided an illegal, Unconstitutional consolidation of all American Alphabets, Law Enforcement and most Intel into one large, easy to control Israeli occupying Police State Army inside America.
This article will claim that the “Worm has Turned” at a very high level and the RCC is now being contained, dis-empowered and deconstructed piece by piece due to an interesting convergence of various forces and entities including the US High Military Command. Because this article contains information leaked by insiders and as well as numerous speculations, use your own judgment to evaluate what is presented and come to your own conclusions.
Be aware that many good individuals have been seriously harassed, stalked, threatened and even murdered to bring you this kind of information because the Ruling Criminal Cabal (RCC) does not want you to have any of this information about Secret Space Wars or Alien Agenda matters. The reason? This will be explained in the article and is best summarized that full public disclosure will likely result in a major immediate loss of power for the RCC at every level and will create a complete disruption of the Alien Agenda they are working so hard to fulfill which is about as anti-American and anti-human as possible.
The Worm Has Turned
bd-03When Shakespeare used that simple phrase, “The worm has turned,” he knew his audience would understand its meaning and origin. A widely used expression even today, it indicates a reversal of fortune, but few who use it know why.
“Worm” is a common term for ‘Dragon.’ In fairy tale terms, the flying Dragon spewing fire would ravage fields and villages. To be in the dragon’s path resulted in inescapable destruction. What a relief if it changed directions.(1)
The most secret Agency of the US Government has apparently decided that Disclosure is now going to be allowed, despite the existing official, but secret USG policy against it.
New information has emerged. It now appears that even though the Ruling Crime Cabal (RCC) aka the Illuminati, has been against Alien ET Disclosure, the super secret organization called Majestic-12 has decided that Disclosure will be allowed.
Apparently Majestic-12 has also decided that this Disclosure must be done in a controlled manner so as not to panic the populace or fracture the existing everyday social and economic order.
Disclosure will lead to the implementation of Populism, the implementation of Free Energy, and the end of the petroleum based economy, which would be the RCC’s biggest nightmare.
In contrast to the apparent new policy of Majestic-12 for full disclosure in orderly steps, strong efforts are still being made by the Ruling Crime Cabal (RCC) to maintain this secret policy of no disclosure. These efforts to prevent disclosure are now doomed to failure, mostly due to the emerging worldwide populism that has spontaneously arisen as a byproduct of the Internet and its ability to communicate information at the speed of light. But there is another reason that Disclosure is imminent.
Free Energy Systems have been discovered and developed and are ready to be rolled out and will completely displace the Petroleum based energy systems which control the World.
Apparently Majestic-12 has decide that the time for the implementation of “Free Energy” is now here as long as it is implemented in an orderly manner. This is also know as “Zero Point Energy” or “Dark Energy” or “Cosmic Wind”. It is believed that Tesla discovered this and was able to harness it.
There have been previous anecdotal reports of one Alien ET group, the Tall Whites (aka Nordics) have been pushing for “full disclosure”. And there have been other anecdotal reports suggesting that another Alien ET group, known as the evil Reptoids (aka Dracos) are reputed to be serving as advisors to certain leaders of the RCC and are pushing hard to maintain complete secrecy and “non-disclosure”.
The RCC appears to be cornered from all sides with many vectors converging on them in addition to the rapid rate at which their crimes against Americans and the world are being exposed and communicated to the masses.
Certainly the RCC ‘s top Policy-Makers and Crime Kingpins (aka the Denver Circle of Twelve Bloodthirsty ones”) have a lot of power they would lose in a short period of time is full disclosure occurs and a non-petroleum based “Free Energy” system is rolled out. All the technology is already discovered and ready to go, and would have already been implemented except for the Petroleum Energy Cartels who established a stranglehold on the nations governments.
And now there is the notable emergence of the ever increasingly popular BRICS Development bank which has a total of 170 nations who have either signed on or submitted letters of intent. This is a direct threat to the US Petro Dollars use as the World’s reserve Currency and unless some unforeseen events occur, will probably eventually dethrone the US petro Dollar and reduce it to worthless paper.
It was the RCC that seized control over the official USG and much of the Secret Shadow Government (SSG) after they assassinated JFK, MLK and RFK.
The RCC has attempted to take control over Majestic-12 but never fully succeeded thanks to the strong commitment of some of the members who have been high Military Command Officials and are known to be America-firsters with strong moral characters.
A traditional Split in Majestic-12.
It has been claimed by some insiders that there has been a traditional split in Majestic Twelve), the super-secret USG Agency that decides and controls all matters relating to Alien ETs, Alien Technology back-engineering and implementation, and Space War matters which are actually matters of serious National Security(2). It is believed by some insiders that some Majestic-12 members have been against Disclosure to “We the People” on the basis that it would be too traumatic and would result in the failure of major Institutions of the USG to keep functioning properly.
It is believed by some that other members of Majesty-12 were in favor of it because they felt that the secret could no longer be contained anyway. it was also believed by some that the USG institutions were failing because of the hijacking of key USG and SSG Policy-Makers by a group of Alien ETs who violated conditions of their joint treaty with the USG.
It turns out that the first group of Aliens the USG signed a treaty with are controlled by evil, deceptive liars and Cosmic Parasites.
Some of the members of Majestic-12 began to believe that the Alien ET group a treaty had been signed with was intrinsically deceptive, evil and had an Alien Agenda. But the USG entered into this first treaty made in the early 1950′s in order to acquire Alien ET technology. But they had to allow the Alien ETs access to humans for taking blood and tissue samples for genetic analysis and gene-splicing. Apparently their race was slowly dying of decrepit genes and they wanted to use human genes to re-engineer and repair their race.
Some members of Majestic-12 came to believe that this Alien Agenda was basically evil. And that it consisted of an intent to Terra-Form the Earth, drastically reduce the Earth’s population by 90%, and repopulate the Earth with their own species and a new gene-spliced creation of androids created by them.
alien-alpha-draconian322Some have identified this Alien Force as the Dracos, the Reptilians, aka the Order of the Snake and they have their own race of android “Greys” servants that they created through gene-splicing . If reports that have leaked out are correct, these Dracos have been functioning for many centuries as a powerful Evil Cosmic Parasite.
And that they have invaded Planet Earth and hijacked its structures of government by “raising up” and “anointing” certain bloodlines to serve their needs. In exchange these anointed “World Rulers” are given vast power, riches, status and wealth beyond imagination as long as they keep “feeding the monsters”. Some believe that the Dracos are actually inter-dimensional “Fallen Angels” aka the “Fallen Ones”.
We need to stop feeding the Monsters that are operating as Cosmic Parasites upon us.
Feeding the monsters means supplying their negative energy needs by causing as much painful death and suffering in humans as possible. To do this wars are staged as mass human sacrifice rituals dedicated to these Dracos. And the top RCC leaders (aka the Denver Circle of Twelve) conducts semi-annual ritual sacrifices of children on Satanic Holidays to feed their monster overlords which are Cosmic Parasites according to insider reports. There have been insider reports that these Dracos are inter-dimensional spirit beings that are exceedingly evil and hate all humans and everything they stand for and have created.
It is also believed that they have lived for thousands of years and have been hard at work dominating and parasitizing Planet earth and humans off and on for many centuries, being driven lout at times in the past through major corrections, planetary disasters of some kind of Cosmic Correction or Judgment.
Some identify these bloodlines as Alien/human hybrids (e.g. Nephilim Male X Human Female). Some call them the Kenites or the bloodline of Cain who were given the power to rule over evil, folks who display the symbol of the Mark of Cain which is a double cross or “double-X”. If this is true this would perhaps best be described as an Alien Parasite that invaded Planet Earth appointing, anointing, and empowering select human bloodlines which may or may not be hybridized with their blood, and appointing and anointing these folks to rule Planet Earth according to their Evil Alien Agenda.
As this narrative goes, the Dracos created “Mystery Babylon” which is their system of Babylonian Money-Magick, that is, creating money from nothing as “debt-notes” in order to transfer wealth from the masses to themselves through the creation and use of “pernicious usury” (debt that accrues in such a way that it can never be paid off).
Mystery Babylon and Babylonian Black Magick (aka the notably evil Luciferian Black Arts).
Insiders have traditionally referred to this system as Mystery Babylon or they simply us the code word “the Baby” to each other to represent it when around others who are not part of the RCC. This system, Mystery Babylon, has been owned and operated by a small select group of ultimate insiders who have called themselves the Illuminati or the “Enlightened Ones”, that is, enlightened by their god Lucifer whom they worship and feel empowered by.
The top leaders of the RCC are reputed to be Luciferians and part of a worldwide death cult (an occult network using Freemasonry as a front) and are also involved in a working arrangement and association with the evil Alien ET group the Dracos. This association between Greys and the occult was written about by Aleister Crowley who claimed a “Grey” walked through the wall of a pyramid he was inside of in Eqypt into his presence. There have been some reports that those in the Denver Circle of Twelve, the Top Illuminati all have personal spirit guides who appear to them during Blood sacrifice rituals and other times and are believe to be Dracos.
The Top Leaders of the RCC appear to be recruited from known bloodlines classically associated with Lucifer, some consider to be related to Cain (aka the Kenites).
If these key bloodlnes from which the top World Leaders are picked to be part of the RCC are the Kenites (progeny of Cain) as some claim, this would explain why they like to display the double-cross (Two X’s, with on placed on top of the other placed at 45 degrees sharing the same center, or two attached X’s, also called the “Double-Cross”). This double cross is called the “Mark of Cain” and symbolizes the Luciferian crossing out of the cross of Jesus Christ, known to be the arch enemy of the Denver Circle of Twelve.
The Agenda of these key bloodlines which have supposedly been selected and anointed by this evil Alien Group the Dracos has been kept secret from the masses. But it is notably Evil beyond imagination and involves sophisticated methodologies and technologies to “thin the herd” by “ministering death to the masses”. And all done supposedly to supposedly thin the human herd and purify and maintain the human race to the highest standards as obedient slaves of the Dracos.
Limited Disclosure has been occurring for over the last twenty years.
Over the last twenty years there has been substantial Disclosure through TV documentaries, books and weekend seminars and meetings. Nothing official however except for the honest truthful statements made by President Jimmy Carter who has a reputation for honesty and integrity, and some quite interesting comments by President Ronald Reagan.
Before Senators Barry Goldwater’s death he shared his experience with a journalist of questioning General Curtis Lemay about Hanger 18 at Wright Patterson AFB while he was a Major General in the USAF Reserve. He was supposedly told by General Lemay that if he insisted he would be shown the actual Alien ET bodies and then learn the actual facts about Alien ETs, but that he would be closely monitored the rest of his life. He concluded that it just wasn’t worth it and came away with the idea that Alien ETs were very real based on what General Lemay communicated to him when he advised him against insisting on learning too much about them.
Another Alien ET Group has become involved because the Dracos crossed a certain line.
There have been a number of Alien ET groups visiting Planet earth. Most have been simple observers and desire to do no harm. However one group the Dracos using their specially gene-spliced hybrids a certain type of what some folks cal the Greys, are exceedingly Evil parasites that view the Earth as theirs for the taking and the humans that inhabit it as their prey.
Apparently there are accepted Rules of Play in the Universe establish by the Creator, God Almighty, and one is that any group cannot take over another group with obtaining their consent. And apparently there is another Rule of Play that the use of Fission, Fusion, or free energy (aka dark energy) cannot be allowed to get out of hand in waging war, and cannot be allowed to become a serious threat the existence of Planet Earth and perhaps other parts of the Universe.
Have the Tall Whites (Nordics) already began interfering in the evil Alien Agenda of the Dracos?
If this reality seems imminent it is believed by some insiders that the Tall Whites (Nordics) will intervene in various non-violent defensive ways to make sure this will not happen. It is believed by some insiders that they have already intervened at times are now working with certain sectors in US Intel to intercede against the RCC and the Dracos who control them.
The current narrative some insiders have been claiming to associates is that the Dracos have crossed a certain line by using their Illuminati Ruling Crime Cabal RCC) to distribute nuclear weapons all over the world and to have been deploying them and setting them off in secret such as they did at the Bali bombing, the Murrah Building and the Twin Towers on 9/11/01 as well in numerous other instances during the Mideast wars and even Vietnam which involved the use of micro and min-nukes and high tech neutron or special jacketed devices.
The Tall Whites which some refer to as Nordics are claimed by some to be acting as a powerful ounter-force to the Evil Dracos which are believed to be life and energy sucking cosmic parasites.
There Alien ET Group the Tall Whites Nordics) some view as benevolent and much milder manner than the Dracos, has now allegedly aligned itself with the Russian High Military Command and some elements in the US High Command or Secret Shadow Government (SSG). They could be meeting directly with such Officials in group settings or influencing matters by working with single individuals unknown to the rest. At this time such information is not available so we can’t know for sure but some insiders have claimed that this group of Alien ETs are benevolent towards humans, in some cases can pass for them and believe that the human race is at the crossroads of history. And kit is possible that a new separate treaty has been formed between the USG and the Tall Whites through Majesty-12.
Have the Tall Whites delivered a Final Warning to Majesty-12 and the top USG Policy-Makers?
It has been alleged that their view is that either the masses, especially We the People in America pull together, wake up, break the mind-kontrolled spell that has been conditioned upon us and take our government back. If this is not done, apparently the Dracos will able to forge ahead and activate their mass-death and destruction program based on deploying mass pestilence and limited nuclear war on the whole world.
This narrative includes the notion that the Dracos cannot proceed without the continuing consent provided by We the People who are for the most part asleep at the wheel, but just starting to wake up in mass, thanks to the Internet which is the new Gutenberg Press. I cannot tell you for sure that this narrative is true other than it could be and is plausible based on numerous anecdotal reports.
An end to all secrecy seems imminent and is now well under way and seems to be driven by the influence of the Tall Whites who some believe are generating world populism through the Internet.
Apparently the current situation is this. If reports are accurate, the Tall Whites are now working behind the lines to make sure that all secrecy ends and that the secret crimes of the RCC are fully exposed to the public via the Internet and word of mouth through information diffusion. It does seem quite interesting so many Deep Black Secret Shadow Government Secrets have been exposed lately and so many “thought to be secret” phone conversations and documents. There is every reason to believe this trend will continue and will speed up. I expect a complete end to all secrecy within two years at the rate this is occurring.
The RCC is cornered, desperate and perhaps may deploy more nuclear false-flag terror on America.
Right now it appears that the RCC is cornered, desperate and may deploy additional nuclear false-flag attacks on America in order to attempt to re-establish their failing control system. This would probably a final effort to re-establish complete authority in their system or control which is eroding daily, best described as “going for broke”. Some believed they were going for broke with their nuclear attack on America on 9/11/01. Now that what they did to America on 9/11/01 has been discovered, perhaps they believe they must escalate matters by deploying even another, even more brazen, more deadly false-flag nuclear attack on America before too many Americans find out what they did on 9/11/01.
Will the RCC attempt to use Homeland Security (DHS) to lock down America and is this doomed to failure and blowback beyond their imagination?
If they do this it is expected they will attempt to use Homeland Security (DHS) to lock-down America and declare martial Law. This will create a serious battle between We the People and these Draco driven Luciferian Kingpins who run the RCC.
Has majesty-12 attained space-weapon parity with the Dracos?
Has Majestic-12 actually developed new weapons systems which can for the first time provide a serious match against the Dracos should they continue with their Agenda to invade and populate the World, starting in Africa first? There have been some anecdotal reports of this and if so this would explain why there may have been a major policy change within Majestic-12 to favor complete disclosure and actually permit it and perhaps even facilitate it.
Has a major turning point occurred within the last month?
Two major events occurred within the last two months which suggest that “the worm has turned”. The first incident was the phone message left on Ambassador Lee Wanta’s Washington DC Embassy phone system by Former Tennessee Governor Don Sundquist and former South Dakota State Senator Sheldon R. Songstad.
This phone call threat to Wanta begs for indictments and prosecution for numerous Federal Crimes including RICO. If fully investigated and completely prosecuted, this matter could easily unravel the whole USG. These two individuals had allegedly previously stated they were the Puppet-Masters.(2)
The second incident was the recent announcement by US Attorney General Eric Holder that he was resigning. Were these two matters connected. Or was this recorded threat to lee Wanta just the final straw that broke the Camel’s back. It was also recently ruled by a Federal judge that the Benghazi documents could no longer be withheld after November 1, 2014. Some believe that if the full documents are released by Holder’s office many top Administration folks (some former ones) will be ruined and some even prosecutable.
And Veterans Today own Professor Jim Fetzer and his fellow researchers have completely cracked the Sandy Hook event which was a false-flag attack on the Second Amendment and a FEMA/DHS Capstone Level Drill with No Dead Kids, No Dead Teachers, No Dead Lanzas and all faked using paid shills and actors.
Conclusion:
It is likely going to be a very traumatic and difficult battle for We the People to expose, block, subdue and drive out the enemy within. there will be many major losses and a great battle ahead on many fronts. But we will be victorious.
And as we now know the RCC is little more than a big Alien ET driven international Drug Cartel/money laundering enterprise now operating as an exceedingly Evil (beyond imagination) Parasite on America and most of the World dedicated to deploying mass painful death and destruction on mankind.
The RCC is empowered and driven by a powerful Cosmic Parasite, the Reptoids (Dracos) whose grasp on Planet Earth is now diminishing by the day, thanks to the establishment of a new Space Weapons parity and a little help from our current associates the Tall Whites (Nordics). Due to the recent events and continued exposure of deep secrets of the RCC, it seem obvious that the Worm has Turned and the massive power of the RCC will be deconstructed piece by piece in the near future, no matter what they do to prevent it which will only create more direct blowback against them.
The RCC may resort to deploying their Samson option and take out several America Cities, however this would be their last act as the US Military High Command would most likely eradicate them in short order for this.
References:

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Stage2Omega

poutine

Putin kicked out the Rothschild bankers from his country.  Putin interrupted the US GOVT heroin trade supply routes out of Afghanistan. Like Abraham Lincoln 150 years ago, the elite banker chambers wish to remove Putin and to suppress Russia, but the sprawling nation has joined at the hip with China.  Thus Russia cannot be isolated any more than a bear can be bear hugged.  The nation spans 12 time zones and is a top supplier of numerous important commodities. The Russia & China bond is growing and will result in a marriage, the consummation being a baby called the Gold Trade Standard.


The King Dollar is being displaced, kicked off its throne.  Its squire the Petro-Dollar is undergoing demise.  The Ukraine War is the USDollar Waterloo event.
The Saudi rejection of the USD in exclusive oil payments will be the crash heard around the world.


The marriage between the Saudis and Chinese is a process well along, with each month featuring yet another high level conference. The Saudis will make the announcement in the coming weeks or months, as a genuflection before the Chinese, with a hat tip to the Russians. Soon the crude oil price will be set by the Russia-China tag team, priced in Yuan. When the Gold Trade Standard is entrenched, the diversification away from USTreasurys in the global banking system will become a torrent. Bank system practices will follow trade payment practices. When installed, it will cause prosperity in the East and havoc in the West.


The Crash Heard Round the World is coming.  The USDollar will be rejected, and replaced by the Gold Trade Standard. 

——————-

By Jim WillieGoldenJackass.com

economic-dollar-collapse

The byline should read MONEY VELOCITY HITS RECORD LOW, WHILE MONEY SUPPLY CONTINUES TO GO INTO ORBIT… SYSTEMIC FAILURE IS EVIDENT AS POLICY IS NOT STIMULUS AT ALL… THE PRINCIPAL CAUSE FOR THE BREAKDOWN IS MONETARY POLICY, WHICH IS STUCK IN PLACE.

The US FED monetary policy is killing the system, simply and boldly put. They call it stimulus, when the extreme accommodation is actually just a backdoor Wall Street bailout combined with a pass on the US GOVT debt discipline. No debt limit is enforced anymore, a travesty. The United States is looking more like a Third World nation with each passing month, with colossal fraud, economic decay, war and sanctions, and no leadership. The US Federal Reserve has ventured into very dangerous ground, putting hyper monetary inflation as the installed policy, while making money free for the Interest Rate Swap machinery that operates the derivative for maintaining the easy policy.So foreign creditors have largely exited the room, with no great entities to finance the yawning annual $trillion debt. So derivative machinery is relied upon to maintain the absurd 10-year USTreasury (TNX) yield at 2.60% without buyers. So asset markets like the US Stock Market go to monthly new high levels, despite the USEconomy mired in the worst recession since the Great Depression.

 

The visible piece is shopping malls with one third of stores shuttered, and the jobless rate over 22% in the real world without rose colored glasses. These conditions cannot be sustained, especially since the credit machinery is all jammed. The big US banks are insolvent structures dedicated to the bond carry trade, where that same cheap money is used to invest, often with leverage, in the long-dated maturity USTreasury Bonds. The banks serve the casino, not the business sector.

STUCK MONETARY POLICY

In no way can the current easy money policy be reversed, and put into a normal mode. In no way can the accommodation be tapered. The entire Taper Talk is a lie, and always has been a lie. The Jackass called out the USFed last June and July, and was proved correct by September. Since that time, the USFed has been lying vigorously and creatively. The Belgium Bulge showed itself as a $400+ billion abscess visible to the world, hardly a real savings account by the small nation. It was either a Hidey Hole for USTBonds or else a loading depot for BRICS sourcing of Gold bullion for their upcoming central bank.

untitled (2)

In no way can the enormous bond carry trades be stopped. They are the only source of actual income for the big US banks. Their other source of narco funds money laundering. Doing so would put the carry trade engines into reverse, forcing an unwanted Bond Convexity episode of leveraged selling of USTreasury Bonds by the same large corrupted banks which are so clearly involved in the derivatives game. In no way can the USFed hike rates, since their own outsized bond portfolio would register huge losses, only to gain ugly publicity. They after all bought the top in bonds, and continue to buy the top in bonds every month that QE continues. They are the fools buying the asset bubble at the top. See a parallel in Japan.

Red light warning signals are all over the place. The biggest in the Jackass view is the Failures to Deliver. We are told that the demand for USTreasurys is huge by the market players. It might be moderate, but surely not huge, since savings is in shortage. When the Interest Rate Swaps are applied, using 0% money into the machinery tubes, the result is an artificial demand produced to purchase the same USTreasurys. The big US banks are required to follow through, or else to expose the entire sham game, a veritable Ponzi Scheme. The banks are growing in resentment.However, not enough USTBonds exist in the operating bond market to satisfy such outsized contrived demand out of machinery. The result is Failures to Deliver, the warning signal of a fabricated rigged market. This Third World nation has fancy machinery indeed.

SMOKING GUN GRAPHS IN CONTRAST

qe-hyperinflation-oblivion_image002The answer to the US bond riddle lies in corrosive ruinous effect of monetary policy, now in its fourth year. They said the 0% ZIRP would be just for a few months, but they lied. The Jackass said in 2009 that it would be permanent. They said QE bond monetization would be just for a few months, but they lied. The Jackass said in 2011 that it would be permanent. We were taught by central bank mouthpieces for years that a little inflation is good, but a lot is bad. We were taught in economics classes that hyper inflation destroys the entire system eventually, like in Third World nations. Yet QE (hyper monetary inflation) and ZIRP (free money) respectively cause capital destruction with retired equipment and distorted asset prices with no reward to savers.

The two graphs show in clear terms that QE is not stimulus, and ZIRP is a wet blanket. Together they are causing economic collapse with systemic failure. The Jackass words have sounded exaggerated and fantastic for years, actually since the Lehman failure, a basic scuttle killjob done by Wall Street criminal banks in order to protect Goldman Sachs from sinking. The two graphs show a Money Velocity down almost 4-fold while Money Supply is up 3.5-fold. You decide if it translates to systemic failure. Jackass says resoundingly yes. This is broken US financial system and thus a broken USEconomy, the consequence of heretical injurious damaging monetary policy. The greater tragedy is that it cannot be removed. Putting a halt to the QE monetary spigot means letting the financial markets collapse, bond yields to rise, stock indexes to fall, carry trade to go into reverse, and consumer lending to dry up. So the QE spigot continues in a slow death dispensing acid, rather than causing a sudden death.

The story sold on the highly corrosive and assuredly ruinous monetay policy is of stimulus. The only stimulus is for the big US banks to continue recycling their worthless bond assets to the USFed as buyer of last resort. The USFed has been totally wrecked in the process, a good thing since the HQ of the banking crime syndicate. The only stimulus offered is to the big US banks to continue with carry trade projects instead of lending toward capital formation in the business sector. The big banks are able to keep the derivative game going with free money, to maintain the Whirling Dervish platform of vaporous mass. The result has been a systematic assault on capital. The USEconomy has entered a feedback loop of capital destruction, job cuts, and reduced activity. It cannot be stopped. The results of much lower Money Velocity stands as screaming evidence of failure in monetary policy. The moribund activity means capital is being ruined, not functioning, not producing the wanted output. The slower turnover in the USEconomy is not from hoarding of cash. The participants are suffering a shortage of money, often struggling to survive. Putting money in mattresses is an absurd concept when struggling to pay the rent and buy the food and pay the utilities. The beneficiaries of the easy money are the big US banks. They are also suffering a shortage of money, since the derivative holes are acting like sewers to drain their capital. Their capital ratios are not good, and the harsher Basel III rules have been delayed. No cash hoarding evident anywhere.

LOGICAL CONCLUSION

The logical end is systemic failure, USGovt debt default, war to defend the USDollar and the USTreasury Bond. The USDollar has become the ticket that when refused, invites war. The USTBond has become the toxic element in the banking systems. The Western chambers in the US, UK, EU refuse to liquidate the big banks and work toward the Gold Standard return. So the Eastern chambers in Russia, China, and BRICS nations will pursue the return to the Gold Trade Standard with a growing alliance in support. They are accumulating gold in volume.

The pathetic explanation is left as the final word, by the USFed. They are out of answers, out of policy solutions, and out of integrity. The central bank franchise system has failed. The bankers are cornered, some being murdered. Others might be prosecuted. They are the principal cause of the systemic failure, the other cause being the massive outsourcing initiatives over three decades and the outsized USGovt social welfare state. The bigger principal cause of the systemic failure is the US War Machine, which has been around longer than the debutante Fascist Business Model that made its introduction in 2002. Half the $17 trillion in USGovt debt comes from war spending. They defend the indefensible USDollar, but also the narco business. As footnote, Russian President Vladimir Putin committed two deeds that infuriated the Western bank cabal supra-national leaders.

Putin kicked out the Rothschild bankers from his country. Putin interrupted the USGovt heroin trade supply routes out of Afghanistan. Like Abraham Lincoln 150 years ago, the elite banker chambers wish to remove Putin and to suppress Russia, but the sprawling nation has joined at the hip with China. Thus Russia cannot be isolated any more than a bear can be bear hugged. the nation spans 12 time zones and is a top supplier of numerous important commodities. The theme is a constant item in the Hat Trick Letter reports. The Russia & China bond is growing and will result in a marriage, the consummation being a baby called the Gold Trade Standard. The attempts by the USGovt to impose sanctions will result in the United States being isolated, another steady theme in the Hat Trick Letter.

The Federal Reserve published a report. It is laughable. They blame the public, the citizens, the victims. They talk endlessly of a sluggish recovery like fools and charlatans. THE FOLLOWING IS RUBBISH AND FLIMSY. The StLouis Fed stated the following.

“The issue has to do with the velocity of money, which has never been constant, as can be seen in the figure below . If for some reason the money velocity declines rapidly during an expansionary monetary policy period, it can offset the increase in money supply and even lead to deflation instead of inflation. During the first and second quarters of 2014, the velocity of the monetary base2 was at 4.4, its slowest pace on record. This means that every dollar in the monetary base was spent only 4.4 times in the economy during the past year, down from 17.2 just prior to the recession. This implies that the unprecedented monetary base increase driven by the Fed’s large money injections through its large-scale asset purchase programs has failed to cause at least a one-for-one proportional increase in nominal GDP. Thus, it is precisely the sharp decline in velocity that has offset the sharp increase in money supply, leading to the almost no change in nominal GDP. So why did the monetary base increase not cause a proportionate increase in either the general price level or GDP? The answer lies in the private sector’s dramatic increase in their willingness to hoard money instead of spend it. Such an unprecedented increase in money demand has slowed down the velocity of money.” Rubbish!! The surge of money killed capital!!

GOLD STANDARD RETURN

goldstandardIt is coming. It will be painfully slow in its return. It is the only answer, the avoided solution. As long as QE & ZIRP are in place, highly destructive forces will remain at work, ruining capital within economic structures, distorting asset values in financial markets, leading to gross misallocation of assets, and forcing the system into breakdowns under constant aggravated strain. The monetary policy cannot remain in place indefinitely, since so destructive and disruptive. Time is not on the bank cabal side.

The Eastern Alliance will continue to work toward installation of the Gold Trade Standard. It requires and has successfully seen a growing boycott and rejection of the USDollar in trade settlement. The Chinese RMB has been making important inroads to establish Swap Facilities that avoid the USDollar in usage, while more RMB Hub sites are being constructed like giant pillboxes in the Global Monetary War.

The King Dollar is being displaced, kicked off its throne. Its squire the Petro-Dollar is undergoing demise. The Ukraine War is the USDollar Waterloo event. The Kiev Regime fascist leaders have begun to bug out, the IMF $3.2 billion loan funds now gone missing. The big Eastern energy deals are underwritten in Rubles and Yuan, no longer the USDollar, another recent correct Jackass forecast. The Saudi rejection of the USD in exclusive oil payments will be the crash heard around the world. The marriage between the Saudis and Chinese is a process well along, with each month featuring yet another high level conference. The Saudis will make the announcement in the coming weeks or months, as a genuflection before the Chinese, with a hat tip to the Russians. Soon the crude oil price will be set by the Russia-China tag team, priced in Yuan currency. When the Gold Trade Standard is entrenched, the diversification away from USTreasurys in the global banking system will become a torrent. Bank system practices will follow trade payment practices. When installed, it will cause prosperity in the East and havoc in the West.

The reaction by the USGovt and USFed will be full of intrigue and desperation. The USFed will be in overdrive with its interest rate derivative machinery active, to prevent a US debt default event or a visible derivative event with another whale beached in full view. The USGovt will be cornered into launching a new domestic currency, a Scheiss Dollar. The USEconomy will react in its own way, with price inflation, supply shortage, and growing chaos with violence. The hint of what comes is seen in the devastating situation in Venezuela, whose tragedy few are paying attention to. They are exporting their essential products (beans, rice, oil) in order to raise hard currency and to prevent a domestic currency collapse. The same will be done in the United States. The early example of exported essentials is of hayfeed for livestock, heading to China from US farms on a growing basis.

THE HAT TRICK LETTER PROFITS IN THE CURRENT CRISIS.

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Jim Willie CB is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics. His career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Visit his free website to find articles from topflight authors at  www.GoldenJackass.com. For personal questions about subscriptions, contact him at  JimWillieCB@aol.com

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