Finally financial ‘markets’ go through a substantial dip, which Steve Mnuchin claims is just temporary and Donald Trump says is caused by the fact that the Fed is ‘loco’. Mnuchin may well be right, but it won’t be because he knows something you don’t. And Trump is certainly right, but in reality the Fed has been loco for many years, so why be surprised if it acts crazy now? The reason Mnuchin and a million other ‘experts’ may be right without realizing it is that the Fed has been crazy enough to kill the financial markets. Or at least killed what made the markets functional, and beneficial to society. And that may well be exactly what Jay Powell is trying to repair, but he may well not be aware of that either. Looked at from a ‘benign’ angle, Powell is perhaps raising rates so people can regain insight into what they’re buying.
The pre-Powell Fed pushed up asset prices (don’t let’s say ‘values’) to such heights nobody has any insight anymore into what anything is truly worth. And in what was formerly known as the financial markets that was not important, because what were formerly known as investors were making heaps of money regardless. Surely they must all have known that this wouldn’t continue?! That it’s just a matter of timing, of knowing when it would end? Oh, but that’s not really possible, is it, without the very price discovery process the Fed successfully strangulated? Still, there must also be tons of people left thinking the Fed can kick that can six times to the moon and back, or sixty. If only because they’ve never bothered to think about price discovery, and what role it plays in the very ‘markets’ they volunteer to spend their money in. And along those same lines, many acknowledge housing bubbles in Sydney and Vancouver but think the US has learned its lesson a decade ago. And the loco Fed plays its role there too: mortgage rates have been ultra-low, enticing the last left batch of greater fools not mortally wounded by the last fire to jump in this time. Wolf Richter’s Case-Shiller graph says plenty in that regard:... https://www.theautomaticearth.com/2018/10/of-course-the-fed-is-crazy/
Cash On Hand – Slowly Build Up 1-Month Reserves For Living Expenses by Ken Jorgustin – Modern Survival Blog
Do you have cash reserves for one month of living expenses? We live in a largely cashless convenient modern era. The vast majority of today’s financial systems ‘money’ consists of invisible electronic digits. These digits translate to numbers and balances in bank accounts, investment accounts, business accounts; they zip around the globe at light speed; they facilitate transactions ranging from one’s ordinary purchase of groceries to the complex chain of transactions that accompany ‘just in time’ inventory management from producer to end user (and everything in-between). While digital transactions comprise the lions share of all money movement, cash is still accepted at most businesses. Although today’s young grocery store checkout person may have some difficulty ‘making change’ if you pay with cash (sarcasm – though sometimes true!) the fact is that cash is still ‘money’ (currency).
Why am I suggesting that it’s a good idea to build up (at least!) a one month cash reserve for living expenses? Especially given today’s primary method of electronic transactions using one’s debit or credit cards? During a period of major emergency, even one’s best laid plans may ‘go out the window’. You may be prepared (or think that you are) but you may need something unforeseen. Other than a complete collapse of the existing system, having cash on hand may be of some eventual benefit. Cash on hand to meet short-term and emergency funding needs. And I’m talking about cash in your possession (not in ‘the bank’).... https://thedailycoin.org/2018/10/11/cash-on-hand-slowly-build-up-1-month-reserves-for-living-expenses/
SO IT BEGINS: European Nation Microchips National ID Cards For Banking, Voting, Insurance
“Since the turn of the 21st century, Estonia has offered each citizen a government-issued ‘digital identity’ — including a chip-embedded national ID card that can be used for social security, health insurance, voter registration, banking and much more,” the Los Angeles Times reported. “It also now offers ‘e-residency’ for people around the world who want to be part of its digital revolution, allowing them to register a business in Estonia, which is part of the European Union.”
Why Was The Papal Audience Hall Building At The Vatican Constructed In The Shape Of A Giant Reptile? (LOOK)
Let me just start this by saying that, no, I am not signed off on just about any of the various reptilian incursion conspiracy theories floating around the Internet. Most of them are quite silly, though usually amusing. But if you want to talk Bible, where there is a real reptile that presents itself as a dragon with 7 heads and 10 horns, now I’m interested.
Jacob Rothschild admits that President Trump is trying to destroy the new world order that globalists spent decades trying to build
The Rothschilds have used their globalist media mouthpiece to declare that Donald Trump is threatening to destroy the New World Order, for good.Globalism propaganda tool and Rothschild family-owned publication, The Economist has branded the US President a “present danger” to the “New World Order,” and stated that the “internationalists” that formed it are “spinning in their graves.“The Economist names Trump is the biggest threat to the “liberal”
MARXIST FEMINISM By Mallory Millett
...... Imagine this: a girl of seventeen or eighteen at the kitchen table with Mom studying the syllabus for her first year of college and there’s a class called “Women’s Studies.” “Hmmm, this could be interesting,” says Mom. “Maybe you could get something out of this.” Seems innocuous to her. How could she suspect this is a class in which her innocent daughter will be taught that her father is a villain? Her mother is a fool who allowed a man to enslave her into barbaric practices like monogamy and family life and motherhood, which is a waste of her talents. She mustn’t follow in her mother’s footsteps that would be submitting to life as a mindless drone for some domineering man, the oppressor, who has mesmerized her with tricks like romantic love. Never be lured into this chicanery, she will be taught. Although men are no damned good, she should use them for her own orgasmic gratification; sleep with as many men as possible in order to keep herself unattached and free. There’s hardly a seventeen-year-old-girl without a grudge from high school against a Jimmy or Jason who broke her heart. Boys are learning, too, and they can be careless during high school, that torment of courting dances for both sexes....
By the time Women’s Studies professors finish with your daughter, she will be a shell of the innocent girl you knew, who’s soon convinced that although she should be flopping down with every boy she fancies, she should not, by any means, get pregnant. And so, as a practitioner of promiscuity, she becomes a wizard of prevention techniques, especially abortion.
The total of Women’s Liberation is to wear each female down to losing all empathy for boys, men or babies. The ponderest aspects of her soul are roughened into a rock pile of cynicism, where she will think nothing of murdering her baby in the warm protective nest of her little-girl womb. She will be taught that she, in order to free herself, must become an outlaw. This is only reasonable because all Western law, since Magna Carta and even before, is a concoction of the evil white man whose true purpose is to press her into slavery.
Be an outlaw! Rebel! Be defiant! (Think Madonna, Lady Gaga, Lois Lerner, Elizabeth Warren.) “All women are prostitutes,” she will be told. You’re either really smart and use sex by being promiscuous for your own pleasures and development as a full free human being “just like men” or you can be a professional prostitute, a viable business for women, which is “empowering” or you can be duped like your mother and prostitute yourself to one man exclusively whereby you fall under the heavy thumb of “the oppressor.” All wives are just “one-man whores.”...... https://newswithviews.com/the-origin-of-marxist-feminism/
Missouri Judge Says Voters No Longer Need Photo Identification To Cast Vote
…The judge’s ruling comes after a lawsuit from a Democratic party super PAC, Priorities USA, against the state of Missouri’s “burdensome photo identification requirements” in June of 2018.
Shock report: US paying more for illegal immigrant births than Trump’s wall
Americans are paying more to cover the costs of illegal immigrants having children in the United States than Congress plans to give President Trump in border wall funding this year, according to an explosive new analysis of Census Bureau data. The new report reveals that women in the United States illegally had 297,000 children in 2014 at a cost of $2.4 billion.
How Will the USA Plan World Peace? Trump, Kim Jong-Un, Putin, Kushner, Mohammed - Dr. Gene Kim