Fed taking away the punchbowl?
"I'm actually very sad because if the FED doesn't do
an about-face on its policy it's going to cause
the economic collapse that the Protocols talk about.
I mean this will begin a dark time in human history."
Disclaimer - This looks like a normal correction but given how the Rothchilds feel about Trump,
and BRIC about the US dollar, Chris may be right. These crises unfold over a few months. Don't
assume the market recovery today means our worries are over, although I hope they are.
gives his recommendations.
by Chris Pirnak
This is not normal profit taking.
I said the stocks would continue to run up as long as long-term Treasury yields remained low. This meant that there was enough quantitative easing worldwide to buy up enough of the world assets including equities to keep prices elevated.
That also meant that the short end of the yield curve needed to remain low and the Treasury overhang couldn't become a problem.
Now the problem is the Fed is tending to domestic concerns such as inflation and unemployment while they're disregarding the international concerns of the dollar as the reserve currency. This conflict of interest is called the Triffin paradox.
This conflict of interest is what is undermining the US dollar. Foreigners are staying away from buying treasuries. This is why the dollar is falling.
Mainstream Business Media is coming out and saying that the FED needs to raise rates so the dollar will be strengthened in the international currency markets. But the whole irony is that the more the FED raises rates, the worse the dollar will perform. This is because the whole yield curve is shifting up and foreigners are staying away from buying all treasuries.
The dollar falling in and of itself is not the reason for the manufactured crisis. I have explained that the dollar falling is the result of the flawed policies that will cause the manufactured crisis. I told my listeners that when it came time, the talking heads in positions of power and influence would start to talk down the markets.
We have three senior-level puppets now talking the market down. At the same time, the US fed is destroying the dollar by this inherent conflict of interest with respect to monetary policy.
This has to be done by Design. There is no other way to explain it. Most people do not understand the conspiracy that I talk about and they will lump me in with the rest of the Cassandras and perma bears.
The US fed must come in and begin monetizing US treasuries. That is the only way that the long-term rates will not spin out of control. If long term rates continue to rise, the global markets will wipe themselves out. I am talking economic calamity on a scale unforeseen in humanity. This is being done intentionally.
I've explained it in articles going back to 2013 that the FED should have been raising rates as far back as 2012. They could have continued the quantitative easing while raising rates. The problem is they let rates at 0% until the end of 2015. The speculation and rampant misallocation of funds is now so out of control that by raising rates. The US fed is intentionally bringing the circus tent down.
This is much bigger than just about anyone can comprehend. This almost reminds me of a game of Tetris and I'm looking at all the pieces and they're just not going to fit.
Part of the equation would be that Trump would get the blame. It all does seem curiously coincidental. Powell is the first Gentile to take over the Fed in a long time if ever. A white northern European Christian man will take the fall. Specifically white northern European Christian man would get the blame. It is part of the agenda after all.