If you still have stock in the US stock market, Friday was probably a rough day. The market took a steep nosedive after some comments from Federal Reserve chairman, Jerome Powell.
Powell, while speaking at a central bank event in Wyoming, said American households and businesses can expect to experience “pain” and job losses as the central bank aims to bring down red-hot inflation.
If you have been following UNN, you know that the inflation they’re referring to– *is not* a real thing. It is created by the elite to put the squeeze on us, the people, and tank small businesses. The real cost of goods and services hasn’t gone up. It costs the same today to produce food and gasoline.
This is the problem, the non-compete plan written by papa bush in 1975, orchestrated by the order of the Black Sun and their financial arm Blackrock put them into a position over time to control many key production lines which keep our households running. in his speech, Powell basically says “we are going to crash the markets in order to fix inflation, sorry about that”.
Then, as if it were magic, presto the market tanked by more than one thousand points following his speech. Is it magic? No. The markets unfortunately for those in the know are nothing more than theatre.
See elite bagmen like Soros and warren buffet are always given the heads up to buy the “puts” before a market crash so they can profit on the uptick later. Remember that movie from the 1980’s “trading places”?, that happens all the time.
The artificially propped-up Dow Jones industrial average dropped sharply following Powell’s remarks and continued to decline throughout the day, closing down more than 3-percent.
The S&P 500 fell an even sharper 3.4 percent.
Powell told central bankers the fed will likely impose more interest rate hikes in the months ahead in hopes of getting inflation under control. In fact his whole speech sounded like a rambling jumble of words that made very little sense.
Just a few weeks ago Powell also promised central bankers there would be a digital currency from the fed, and they quote “are still printing it” when asked by a reporter. This sent shockwaves around the world.
The following day the starving central banks called the fed looking for new allocations of digital currency only to find out that the chairman Powell had lied in his news conference.
So will the central banks of the world actually believe him this time? Can the Federal Reserve System and the central banking system survive? Most likely no; as for you and me? *do not* panic over market crashes.
If you do have money in the markets take it out. As for the prices of our goods and services, please focus on how we create new ways of meeting our basic needs as that is the key to humanities survival.
Want freedom? It takes work and structures which take away our reliance on the global elite corporations including their governance. Think big, and then think bigger.
There are no problems we can’t solve, no task too big when we the people stand united.