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Economists Amit Seru and Luigi Zingales warn that this Treasury-Fed duo is poised to decimate American capitalism: “if this capital is all deployed by the Fed, and at rates that will surely crowd out private capital, all capital allocation in the U.S. in 2020 will be done by the Federal Reserve System, not by the capital market"
https://www.legbranch.org/how-congre...sury-the-boss/
"The Federal Reserve has introduced a legislative proposal for a Central Bank Digital Currency.
- The digital dollar proposal aims to transfer money from the Federal Reserve to all Americans directly, disintermediating commercial banks.
Looking at its past track records, the citizens who need this money the most have often received the worst service. By implementing a CBDC, the Fed intends to uphold the dollar’s dominance by ensuring that welfare money reaches the end-customers faster,
https://cryptobriefing.com/latest-di...vate-citizens/
OK, you see the FED planning to steamroller the private banks.
Essentially, Trump placed the Treasury in charge of the FED
Nominally, the FED is owned by private banks. It appears that Trump brought this to an end.
"Central banking has changed greatly since its early history, when the primary function of a central bank was to act as the government’s banker. Broz(1998) argues that financing military endeavors was the main reason for the establishment of the early central banks, pointing out that all “central banks in existence before 1850 were chartered in the context of war.”2
https://files.stlouisfed.org/files/h...01/Pollard.pdf
Moving on.
Richard Werner - ECB wants to become the only bank in town
https://www.youtube.com/watch?v=OdYmdKUiQNw
How central banks keep killing the economy.
https://www.youtube.com/watch?v=1a6H7xZvC5Q
The well-recognized problem is; The Central Bank can create liquidity but, it has no control as to where this liquidity ends up. It invariable ends up in the pockets of the rich.
THAT is a best-case scenario.
Law enforcement officials are saying there’s been a massive theft of taxpayer money from abroad. Foreign criminals have stolen billions in pandemic relief intended for the unemployed Americans.» Subscribe to NBC
https://www.youtube.com/watch?v=IJniKvCbQKY
The new liquidity ends up in the pockets of the rich and, the criminals.
The FED wants to give every American a personal account at the Central Bank.
The opponents to this plan (the money renters) claim that it would severely encroach on privacy.
At this point in time, there is very little privacy left.
There are many other players in this power struggle.
The World Economic Forum out of Davos, CH is promoting the Great Reset.
In July 2021, they had an exercise examining what would be the result of a cyber attack took out the entire financial system.
I suspect that they will cause just this sort of attack. The WEF is definitely promoting world communism.
I suspect that they plan to use this cyber-caused collapse to act as a Debt Jubilee where all debts are cancelled.
Everyone will default on their loans. The State will bail them out and, take EVERYTHING.
You will own nothing.
Moving on to another power center.
"To save the planet, we need a one-world government that just so happens to be the United Nations. Oh, so convenient."
"The former President of France openly said the idea behind the EU and one currency in Europe was this very theory justified as a means to end all wars — ONE GOVERNMENT."
There is absolutely NOTHING in the data that suggests anything other than a normal cycle. Sorry, but they are using climate change for a political agenda just as they have exploited COVID.
The end goal? The United Nations and its divisions (IMF, BIS, World Bank, WHO, etc.) will rule the world.
Well, the COVID scam was set in motion by the United Nation’s World Health Organization. The climate change agenda was set out by the Paris Accord, also by the United Nations.
https://www.armstrongeconomics.com/w...le-interferes/
"From the very beginning, those in the UN believed that they should rule the world, for the only way to stop World War III was a one-world government."
In other words, the very idea of human rights, liberty, and freedom was equally as wrong as communism. The only kind of government was one that was authoritarian and not subject to the whims of the people. This has been the goal, and they are pulling it off.
The United Nations has produced a 26-page report outlining an action plan to address the various socio-economic impacts of COVID-19 and the DESTRUCTION of the world economy. This has been intentionally carried out to create this one-world government ultimately.
"The United Nations has been using climate change to create a one-world government order, but they have run into way too much resistance. So when they were not convincing people to hand them all the power they dreamed of using climate change, they switched and kick-started this grab for power using COVID-19.
The climate change agenda was to seize industry and effectively nationalize them, but it was also the justification as to why the UN must be in charge since no single nation would be able to save the planet. They will do that now by virtually bankrupting them, and the state will just take them over. This scheme was even discussed in Germany to nationalize companies since they could not bail them out. For years, the IMF has wanted to replace the sovereignty of the nation-states
This one-world government should be able to dictate financial policy to nation-states. Such a “government” would give the top finance bosses direct access to the savings accounts and assets of the citizens.
The United Nations wants 10% of the world’s entire income for itself. While we argue over the vaccines, the origin of COVID, and where it was leaked, plus climate change, all of this is a distraction from the true agenda of the Great Reset. https://www.armstrongeconomics.com/w...re-of-the-imf/
These are the major players, leaving out people like Gates and Soros.
Not mentioned here are the private banks. The CBs plan to disintermediate all private money rent seeking.
The people at the pinnacle of private banking may very well intend to nestle themselves inside the financial construct at the United Nations. 10% of the world's entire income should make them very happy.
The entire rest of the money renters will be out in the cold.
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