THE FEDERAL "DESERVE!"

THE FEDERAL DESERVE!

You may wonder at the title of this short article! The Federal Reserve System in the United States is a "Central Bank" that is 100% PRIVATELY owned. The list of their stockholders is mind boggling. It is not my intent here to rehash the public information readily available on the workings of what is known as "The Fed!"

I just simply point out that the "Federal Deserve" does what they do because they simply think they are the "Masters of the Economic Universe," and that they DESERVE all the benefits that accrue therefrom!

One of the publicly stated goals of the "Deserve" is to maintain "full employment" while at the same time assuring growth of the economy and maintaining an "inflation rate of 2%!" How lovely! First, full employment is not possible to achieve by this organization. Only when the market economy is doing well, can such an idea be realized. Second, they make it sound like 2% inflation is both necessary and desirable. But if you do the math, over a decade of 2% inflation translates into a very significant loss of purchasing power of the Dollar. Everything gets more expensive!

So, the real purpose of the "Deserve," is to maintain control while constantly depreciating the value of the Dollar, and at the same time creating maximum confusion for the average "Joe," whose mind is often occupied with social media and other unimportant things. Many times, he is not much more productive or brighter than a wet paper bag full of oranges!

Lately, with the economy in the tank, the Baltic Dry Index at depression area lows, the Railroad Index in the same bathtub, and shipping conglomerates like Hanjin going bankrupt, it is obvious something is not right. But the "talking heads" are constantly yapping about how "great" things are!

     Over the past several months, Central Bankers in the United States (translate private bankers) have been “goosing the markets” by making the most childish, contradictory, and utterly mindless comments. Are they just stupid, or are they trying to confuse us? Anyone with a modicum of sense, knows the Dollar has been “on the skids” for a 100 years. “Trends in motion” are likely to stay in motion, regardless of what the “clowns” are saying. So, what is the point?

     Well, Janet Yellen, the thoroughly incompetent Fed Chair, indicated at the Jackson Hole Symposium in August 2016 that interest rates were not likely to go up. Almost immediately Fisher, another “Fed Head” came out and “contradicted” his boss! Not too long after that, a series of “Fed Heads” talked out of both sides of their mouths on the subject of raising interest rates! The markets have been going crazy “trying to figure out” where the Fed is “headed.” Anyone who reads economic statistics on a regular basis, can easily conclude that things are not rosy in “River City!” So, the only outcome here can only be to give people false hopes, and prevent them from thinking clearly and acting rationally for themselves.

     Here is a chart of the PROBABILITY of rate hikes over the past few months! Anybody want to play a game called CONFUSION?? There is NO confusion. It is all a game of smoke and mirrors. Nothing will change. Dollar destruction will continue! Count on it, regardless of what the “talking heads” have to say!

 The above chart of the "Probabilities of a Rate Hike" shows the degree of unnecessary confusion intentionally sowed by members of the Fed Boards across the United States!

I have displayed the source of the chart itself for those of you readers who may want to explore the idea more thoroughly. Yes, good people, we truly do live in "interesting times!" I would just point out that this sort of stuff has happened before in the United States, and for that matter, in other "civilizations" in the world. The road to "Third World" status is paved with rotten intentions and well-scripted economic ruin.

Written by

Harald Hesstvedt Scharnhorst