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October 16, 2021

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THE FED IS ENABLING BIDEN AND CONGRESS’S DESTRUCTIVE AGENDA

By Ron Paul

According to the Congressional Budget Office (CBO), 2021 will be the second year in a row in which the federal debt exceeds Gross Domestic Product (GDP). CBO also projected that this year’s federal deficit will be 2.3 trillion dollars, which is 900 billion dollars less than last year. However, CBO’s projections do not include the 1.9 trillion dollars “stimulus” bill Congress is likely to pass.

The CBO’s report was largely ignored by Congress and the media. One reason the report did not get the attention it deserves is Federal Reserve Chairman Jerome Powell’s continued commitment to making sure Fed policies enable Congress to spend as much as Congress deems necessary to address the economic fallout from the coronavirus panic.

As financial analyst Peter Schiff points out, the Fed’s commitment to ensuring the government can run up massive debt means the Fed will not allow interest rates to increase to anywhere near what they would be in a free market. This is because increasing interest rates would cause the federal government’s debt payments to rise to unsustainable levels. Yet, the Fed cannot admit it is going to keep rates near, or even below, zero indefinitely without unsettling the markets. So, the Fed continues to promise interest rate hikes in the future and the markets pretend to believe the Fed. When (or if) the lockdowns end, the Fed will find a new crisis justifying “temporarily” keeping interest rates low.

The Federal Reserve has not just endorsed massive federal spending, Fed Chairman Powell has also endorsed masks, vaccines, and social distancing to defeat the coronavirus and restore the economy. It is disappointing, but not surprising, to see the Fed go full Fauci.

The overreaction to coronavirus is a cause of the explosion in federal spending and debt we have witnessed over the last year. However, federal spending already greatly increased from January 2017 until the lockdowns. This spending growth occurred under a Republican president, a Republican Senate, and, from 2017 to 2019, a Republican House. One bright spot in Democratic control of the presidency and both houses of Congress is more Republicans will fight excessive spending and claim to be “deficit hawks.”

Republican hypocrisy in claiming to care about spending and debt only when a Democrat sits in the Oval Office is one reason why Democrats can so easily disregard debt. Another reason is the left’s embrace of Modern Monetary Theory. Modern Monetary Theory is the latest version of the fairy tale that politicians need not worry about debt and deficits as long as the central bank can monetize the federal debt.

Unless the government changes course, America will experience a crisis greater than the Great Depression. The crisis will include a final rejection of the dollar’s world reserve currency status. There will also be much increased price inflation. At that point Congress will have no choice but to limit spending, although it will try to hide cuts in popular entitlement programs by “adjusting” government measures of inflation. Congress could then blame the Fed for the reduction in value of government benefits.

Those who know the truth have two responsibilities. First, ensure they and their families are protected when the crash comes. Second, redouble efforts to spread the ideas of liberty and grow the liberty movement so politicians are pressured to cut spending and debt and to end the Fed.

SOURCE: https://mises.org/power-market/fed-enabling-biden-and-congresss-destructive-agenda

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For the sake of the ones you love and all of humanity, please take advantage of this growing catalog to help understand the world we live in.  Many books and subjects documented here are not intended for us to know.

Some of these works were written by a select group of illumined initiated adepts and elitists. Elitists, who have guarded the Secrets of the Ages since the dawn of man.  That is all the more reason why we must study them very closely.

Please take advantage of this free path of breadcrumbs that will lead you to better understanding what is really happening in the world, why it is happening, who is behind it, and how it will affect your life.

It took me years to compile and read all of these books. As a result, I have gained clarity and understanding of the spiritual battle waged against humanity, but there is always more to learn.

There is not enough time in the world to learn all we need to know to fight against the enslavement of mankind by the adepts of the Mystery Schools, who guide humanity’s progress into the “New Age”, or New World Order, all by means of dystopia sold as utopia by means of crafty Hegelian and Machiavellian deception.

The clock is ticking. We all have only so much time on this planet together to learn as much as we can about the forces working to enslave us.  After all, they operate in plain sight.  The question is, are they visible to you, or are you too blinded by the forest to see the trees?

We must unite and do this together. Or we will certainly perish together.

The Hidden Masters, who operate in secret behind the scenes know us very well. They are adept at human nature and social control. They know our weaknesses and failings. What captivates and excites us, what terrorizes and traumatizes us. And they know how to destroy us.

The COVID-19 mass media psyop clearly illustrates how they use our fears against us, convincing millions of Americans to willingly lose their businesses and livelihoods, forced into government subsidized unemployment and the death throes of totalitarian socialism.

Those who operate in secret behind guiding humanity through time use their intellect and hidden knowledge against all of us. To win this spiritual battle, we must do the same.

Additional books are added regularly to this post, so please bookmark this page for current and future reference.

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As mentioned, this PDF book list is always growing so keep checking back from time to time. Most links I have compiled are full, safe downloadable PDF’s. Other links I have provided are books in paperback or hard cover available at on line bookstores.

Below you will find safe full version downloadable PDF’s of more than 100 books, documents and videos.  Some of these books are hundreds of years old.

These books and other resources are a path of breadcrumbs to understanding the world we live in, the Plan of the Great Work, the Order of the New Age and how it will affect all of our lives. 

HN

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DO IT NOW!

The only way to eat this enormous elephant in the room is one bite at a time.  Start chewing.

God bless you all – HN

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