This has all be a smoke screen to cover a financial collapse ( conspiracy )

submitted by Neongreen

It just struck me that all this virus nonsense has been a smoke screen to hide massive bailouts for corporations and banks.

Wild.

cm18

No. It's spinning up to war with China. The stakes are much larger than just the economy.

Neongreen

You think so? I guess why is my question?

PuttitoutIsGone

This is what I have been preaching. It makes the most sense. The system we have is not sustainable.

Time4puff

Has to be. Just like 9/11 was to prevent auditing the Fed.

Tallest_Skil

You mean Department of Defense.

QCrumbCatcher

That's a limited view. It's likely much, much bigger.

capnflummox

"This has all be a smoke screen."

"has all be a smoke screen"

"has all be"

...

Neongreen

Well shit.

capnflummox

lol

Lamp_shade

That makes more sense than all of the fake panic over the flu.

WORF_MOTORBOATS_TROI

They wouldn't have needed them without the virus shutting the economy down. The economy is strong aside from the shutdown.

JohnGaltApproves

The US economy has been kicking a Keynesian can down the road since 1913.

World War II created an artificial stimulus that faked an improvement. Post-war the credit boom resulted in the suburbs, the interstate highways and Korean War to reinflate, combined with the thrift of Americans who still felt the sting of the Great Depression.

In the late fifties and early sixties, marketing to Baby Boomers and pushing the “equality” agendas resulted in extended credit to more who would be less likely to have it. By the end of the sixties, the Vietnam War and Space Program were used to further inflate.

During the seventies, as the public lost faith, the true nature of the economy started to appear.

Reagan’s election restored consumer faith, temporarily. Cold War hype helped push more fake Fed money into the economy.

The Gulf War eventually damaged American faith because the embedded TV crews that were supposed to show the horrors and valiance of the soldiers instead revealed a pathetic enemy, easily routed. The rise of the PC and internet produced another fake financial bubble.

When that bubble was about to collapse, 9/11 occurred and filled Americans with fear and “new” patriotism, based on the false hope that the government, if given enough power and money, would protect people.

Since that point, they’ve kept most Americans in a heightened state of panic and fear with false flags and over blowing real events to keep that meant train rolling.

WORF_MOTORBOATS_TROI

By your evaluation, anybody who ever says anything positive about the economy at any time is wrong because you say that things would be better if our entire economic and banking system had been built differently going back 107 years. That's the logic of somebody who only argues on the internet and does not actually have to evaluate or deal with the economy of the real world on a regular basis.

JohnGaltApproves

No, that’s the perspective of somebody who knows a collapse is coming. There’s no gold in Fort Knox. The government is increasingly panicked that the artifice is going to be revealed. The Federal Reserve is printing money faster than it ever has. Inflation is coming.

A healthy economy doesn’t carry twenty trillion in debt, and only the economically ignorant aren’t completely horrified by Congress signing a two trillion dollar “stimulus” package without batting an eye.

Rotteuxx

The economy was going downhill since September.

An article by Ron Paul:

http://www.ronpaulinstitute.org/archives/featured-articles/2020/march/30/will-coronavirus-end-the-fed/

WORF_MOTORBOATS_TROI

The economy has not been going downhill since September. Ron Paul just making a general statement of "the fed was propping up the economy" is not even an analysis of what was happening and why. There were plenty of quality articles written about why the fed was intervening in the repo market at the time if you care enough to read up on it.

There are many economic indicators that need to be looked at when considering the health of the overall economy, and there are much stronger indicators than the interest rate being charged in the repo market. The only reason those loans exist is because the fed requires the banks to have a certain percentage of their deposits in reserve at the end of the day. If the fed needed to "prop up the economy" they would have just changed the reserve ratio.

Tallest_Skil

has not been

If we want to be pedantic, we can say “since 1913.” If we want to be technical, we can say “it never got better after 2008.” But if we’re referring to the current collapse, we can definitely say that September was a turning point. QE4 happened and they tried to cover it up .

they would have just

You realize that’s a last resort thing, right? Not a first action. Like, LITERALLY the last resort, even after lowering interest rates to nothing. It’s the sort of thing a system finds it hard to come back from. They fiddle with the interest rate, then they do some PPT scamming, then they do QE, and then they erase the pretense of value in the economy.