Sep 102016
 

spook

Forbes: “Stocks sold off hard on Friday after the Fed’s Rosengren, who’s been dovish, changed his stance and made the case for a rate hike at the September meeting.

It’s not just the Fed that spooked markets but nearly every other major central bank in the world has disappointed investors since the Fed’s Jackson Hole symposium.

On Thursday, the European Central Bank (ECB) held rates steady and did not extend or increase QE. The Bank of Japan (BOJ) didn’t announce more “easy money” and that disappointed the market. The Bank of Canada (BOC) held rates steady and we can go on but we trust our point is made. Remember, central banks are still printing nearly $200 billion dollars every month to juice markets. Eventually, this big experiment will not end well.”

Opinion: Notice the last two paragraphs: Fed, ECB, BOJ and BOC are central bankers. The markets no longer work on fundamentals, they are controlled by bankers and have been for almost a decade.

We have been warning about Keynesian central bankers for years. The stimulus packages they keep trying are experimental. Translation: They have no idea what they are doing and so far the only thing they’ve accomplished is to create ultra wealth for the ultra wealthy.

“Do not harm the oil and wine” Rev.6:6. In ancient times, only the rich could afford oil and wine. John’s prophecy is that when the big financial collapse comes, the rich will be the last to feel it. And that is coming true right before our eyes.

The economy has been in a slump since 2007, except for the very wealthy.

The ultra-rich do not earn W-2 income, but they do earn dividends and capital gains that are taxed at much lower rates. Obama and Hillary’s mantra that they will tax the rich to solve economic problems is a lie. The rich, according to prophecy, will keep getting richer.

The middle class and poor will keep getting poorer. That is the plan.

The reason the central bankers want to raise interest rates is because if/when a recession hits, they will need to lower rates to stimulate the economy.

None of it will work.

When the rapture occurs, the economic shock will be enough to collapse the global economy. Until then strap yourselves in – it will get bumpy.

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Sep 022016
 

spend

The New American: “As we have noted in our past reports on the Jackson Hole events of the Fed, (see, for instance, Jackson Hole Conclave: Central Bankers Plan Global Theft, Massive Pain) these yearly jamborees bring together the capi de tutti capi (the “bosses of all the bosses”) of the Money Mafia to decide how much wealth they will milk from the world’s middle classes and the methods of extraction they plan to use.

A host of economic signals and clues indicate these banksters are getting ready to pull another manufactured financial and monetary “crisis” that will dwarf the bailout calamity of 2008-2009.”

Opinion: “I believe that banking institutions are more dangerous to our liberties than standing armies,” Thomas Jefferson

When it’s all over, if there is anyone left to write a book, the Federal Reserve should be listed as the #1 culprit of financial chaos, followed by corrupt politicians that appoint them.

The Federal government sees the Federal Reserve as a money manufacturer. The government is happy as long as the Fed prints enough money each year to cover the Federal deficit.

The deficit for 2016 is projected to be $600 billion, which is the amount the government spends over what it takes in from income taxes. Deficit spending is why the national debt hit $19.5 trillion yesterday.

The Fed also prints money (stimulus) in times of recession, controls short term interest rates, and provides liquidity to its member banks.

So what’s the problem?

When the Fed prints money and loans it to the government, it must be paid back at some future date. There is no limit to how much the Fed can print and if/when the day comes that the government can’t pay it back, it is not unlike a drug dealer with his junkie client.

The Fed can force the government to raise taxes, even up to 90% or more.

Like the drug dealer has the power to keep his client hooked, the Fed creates money so that the government can spend it on all kinds of ridiculous programs to keep its constituency voting for it.

Government can then start wars, throw $20 trillion at the war on poverty, and run up a future debt of 125 trillion on Social Security, Medicare and Medicaid and keep on spending.

Everybody is happy.

I do not know what or when the tipping point will be, but the Bible tells us that there is one. The Rider on the Black Horse (Rev 6: 5-6) says it will take a day’s wages to buy a day’s food, but the rich and the Fed governors (represented by oil and wine) will not feel the pain until after the mid-point of the 7 year tribulation, as described by James 5:1-6:

Come now, you rich, weep and howl for your miseries that are coming upon you! Your riches are corrupted, and your garments are moth-eaten.  Your gold and silver are corroded, and their corrosion will be a witness against you and will eat your flesh like fire. You have heaped up treasure in the last days.  Indeed the wages of the laborers who mowed your fields, which you kept back by fraud, cry out; and the cries of the reapers have reached the ears of the Lord of Sabaoth. You have lived on the earth in pleasure and luxury; you have fattened your hearts as in a day of slaughter.  You have condemned, you have murdered the just; he does not resist you.”

 

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Yellen suggests letting the Fed buy more kinds of assets

 Finance, GLOBAL ECONOMY, ObamaCare, QE, US Economy  Comments Off on Yellen suggests letting the Fed buy more kinds of assets
Aug 272016
 

jyellen

Washington Examiner: “Federal Reserve Chairwoman Janet Yellen suggested that the central bank might buy more kinds of assets in a future crisis during a speech Friday on the tools available to the Fed to manage the money supply.

In an address prepared for an appearance at an annual conference in Jackson Hole, Wyo., Yellen said that the Fed “may wish to explore the possibility of purchasing a broader range of assets” than it currently does.

Although she didn’t specifically say so, such assets could include stocks rather than the government bonds the Fed currently is limited to.”

Opinion: Mrs. Yellen’s speech on Friday had been the topic of conversation all week in the financial markets. When it finally came, the Fed chief said she might raise rates – but then again she might not.

IT IS DATA DEPENDENT.

Excuse me for raising my voice, but the dear lady has been saying that for years.

The data, or I should say the real data, stinks. Gross Domestic Product is an anemic 1.1%. The economy needs 3% just to keep up with people entering the work force.

Barack Obama is first president ever to not see a single year of 3% GDP growth.

The Fed’s four four stimulus packages purchased government bonds from banks with printed money. Now Mrs. Yellen is suggesting that if the Fed needs to buy assets in the future they may include stocks.

Imagine that. Imagine the Dow Jones averages hitting 25-50-100,000 on monopoly money. Imagine how happy every one will be? Except all it will do is create asset bubbles that will make 2008-9 look like a bull market.

It happened in Zimbabwe in 2006-8 as the annual rate of inflation exceeded 231 million percent and the stock market reached 4 million.

days

Buffet and Gates will be the first trillionares.

Aren’t you glad you won’t be here to see it?

2 Thess. 4:16-18.

(Thanks to Vason for sending this in)

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Fed Admits Another $4 Trillion In QE Will Be Needed To Offset An "Economic Shock"

 Antichrist, Bible prophecy, End of the age, Finance, GLOBAL ECONOMY, Israel, Jerusalem, Jesus Christ, New World Order, QE  Comments Off on Fed Admits Another $4 Trillion In QE Will Be Needed To Offset An “Economic Shock”
Aug 232016
 
Fed Admits Another $4 Trillion In QE Will Be Needed To Offset An "Economic Shock"

Zero Hedge: “In a Fed Staff working paper released over the weekend titled “Gauging the Ability of the FOMC to Respond to Future Recessions” and penned by deputy director of the division of research and statistics at the Fed, the author concludes that “simulations of the FRB/US model of a severe recession suggest that large-scale

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Fed's Mester Says Helicopter Money "The Next Step" In US Monetary Policy

 Election 2016, End Times, Finance, GLOBAL ECONOMY, National security, New World Order, QE, US Economy  Comments Off on Fed’s Mester Says Helicopter Money “The Next Step” In US Monetary Policy
Jul 142016
 
Fed's Mester Says Helicopter Money "The Next Step" In US Monetary Policy

Zero Hedge: “Think “helicopter money” is/will be confined only to Japan, which has been sending conflicting trial balloons about this unprecedented next step in monetary policy for the past two days (first Japan’s Senkei reported that the government will be adopting “helicopter money” followed by a government spokesman denying the report, then followed by a

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Global markets lose $2.1 trillion in Brexit rout

 Antichrist, Bible prophecy, End Times, EU, Finance, GEO POLITICS, GLOBAL ECONOMY, ObamaCare, QE  Comments Off on Global markets lose $2.1 trillion in Brexit rout
Jun 252016
 
Global markets lose $2.1 trillion in Brexit rout

BREXIT, The Times of Israel: “Britain’s shock vote to pull out of the European Union wiped $2.1 trillion from global equity markets Friday as traders panicked in the face of a new threat to the global economy. Investors fled to the safety of gold, the yen and blue-chip bonds as the seismic shift in the

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Why the Fed rate talk was 'a bunch of nonsense'

 End Times, Finance, GLOBAL ECONOMY, National security, New World Order, QE, US Economy  Comments Off on Why the Fed rate talk was ‘a bunch of nonsense’
Mar 312016
 
Why the Fed rate talk was 'a bunch of nonsense'

CNBC: The Federal Reserve was never hiking rates four times this year. Investors didn’t believe it, and now Fed Chair Janet Yellen has all but explicitly acknowledged it. Indeed, Yellen‘s blockbuster speech Tuesday assuring that the central bank would go slowly on future adjustments to monetary policy only caught some of the market by surprise.

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