Crypto currencies have been declining in dollar price lately. Some “coins,” such as Terra and Luna have completely imploded, wiping out the savings of those speculators. Terra (aka UST) was supposedly backed 1:1 with dollars. It was used to back Luna. Terra was not really backed 1:1 and defaulted when more people wanted dollars than Terra had backing it. Tether is a crypto that is supposedly backed 1:1 with dollars. It is used to back several, many, or all cryptos- including Bitcoin. If Tether implodes, the crypto market may implode.

The Biden-Harris plan to help people who are facing unaffordably high prices is to raise taxes and print money to fund “investments.” Price inflation is being caused by the government printing money (increasing “demand” for those who receive the new money first and raising prices for everyone else), locking down the economy (raising prices by reducing the supply of goods and services), and sanctioning trade with Russia (raising energy prices by reducing the supply of fossil fuels in the West). So their plan to lower prices is inflation to control the means of production (investments).

The basis of American Wealth is American Liberty. The basis of American Liberty is due process. Due process is based upon the Natural Law. The Natural Law is based upon the Golden Rule. The Golden Rule is the basis of wealth and liberty. Mutual respect is necessary for societies to flourish.

Food is getting expensive because of money printing, the Russian war in Ukraine, and Western sanctions limiting the trade of fuel, fertilizer, and wheat from Russia. Expensive food led to the French Revolution and the Arab Spring. There are food riots in Peru, Sri Lanka, and Shanghai, China. Revolutions are kindling.

Russia has allegedly stopped selling their gas for dollars to unfriendly nations. Buyers must now use rubles. The 2 year treasury is yielding more interest than the 10 year treasury. America is not the economic powerhouse of 1945. America is in a depression.

Western Sanctions on Russia are being met with counter-measures. Russia is to begin selling their natural resources for gold. The movie theater AMC is transitioning their portfolio to gold miners. Gold is replacing the dollar as the world’s reserve currency.

On top of the historic money printing by the USA, due to the Russian invasion of Ukraine and the Western sanctions on Russia, fertilizer and food prices are rising. In addition, Russia is looking to begin selling their oil for rubles instead of dollars within a week, resulting in higher prices across the board. Higher food prices will make Victory Gardens popular again.

The sun never set on the British Empire. The City of London, British tax havens, and British banking still finance their world empire.

Saudi Arabia is looking to sell their oil to China in exchange for Yuans. Combined with US sanctions on Russian oil and banking, that would be the death of the petrodollar.

Most people who buy stock in the stock market logically think that they own that stock. In actuality, the Depository Trust and Clearing Corporation (DTCC) owns the stock. The receipts for the stock are traded through the DTCC and payments are settled at the end of the day instead of with each individual trade. This is known as “netting.” Ergo, you don’t own stock. The DTCC does.

SWIFT is the Society for Worldwide Interbank Financial Telecommunication. It is basically the computer program that allows people to trade US dollars internationally. Europe buys energy commodities from Russia with dollars via SWIFT. Kicking Russia from SWIFT could end the petro-dollar as the world’s reserve currency. There are already bank runs.

During the 19th century, the Qing Chinese empire was being torn apart by taxes and regulations which were causing economic depressions and insurrections. Many Chinese subjects were using opium in order to escape their depressed lives. The Qing government blamed their problems on the opium trade and sought to abolish it to revive the economy.

Printing money, taxes, and regulations concentrate wealth in the hands of the ruling elite. Just as the Qing did, the USA can blame our economic depression on opiates or we can acknowledge that opiate use is a direct consequence of depression caused by the ruling elite.

Christmas 2021 marks the 30th anniversary of the end of the Soviet Union on December 25, 1991. 

“YESTERDAY, December 7, 1941- a date which will live in infamy- the United States of America was suddenly and deliberately attacked by naval and air forces of the Empire of Japan. […] I ask that the Congress declare that since the unprovoked and dastardly attack by Japan on Sunday, December 7, 1941, a state of war has existed between the United States and the Japanese Empire”

-President FDR, Dec 8, 1941 address to Congress

“I am no man’s man. I bark at no man's bid. I will never come and go, and fetch and carry, at the whistle of the great man in the white house, no matter who he is.” -Davy Crockett

The movie V for Vendetta is about a government that creates a virus and uses the resulting fear to lock down the country.

Printing more money increases the amount of money that can be loaned than otherwise, thus lowering interest rates. Importantly, printing money creates bubbles. Bubbles are investments (stocks, housing, bonds) which are affordable to investors with lower interest rate loans but which are unaffordable with higher interest rate loans. When the interest rate rises, bubbles pop.

“Let’s be clear: Raising the debt limit is paying our old debts. It has nothing to do with new spending or what may be coming this year or other years.” 
-President Joe Biden, October 6, 2021.

“Temporary open market operations involve short-term repurchase and reverse repurchase agreements that are designed to temporarily add or drain reserves available to the banking system and influence day-to-day trading in the federal funds market.

A reverse repurchase agreement (known as reverse repo or RRP) is a transaction in which the New York Fed under the authorization and direction of the Federal Open Market Committee sells a security to an eligible counterparty with an agreement to repurchase that same security at a specified price at a specific time in the future.”

-The Federal Reserve Economic Department’s website