Free Money -Helicopter money

 

 

Free Lunch

One might legitimately ask why a blog concerned with end time events and the Middle East etc posts video’s and articles about money.  After all, Jesus warned about worshiping mammon.   Well the fact is that money is a means to an end.  Those who hold all the money (debt issuance) have the control. Money (fiat) is actually credit creation. We live in a debt-slavery system. It doesn’t have to be this way but that is the way it has been designed.  Money used to represent such things as time preference or simply put “hours worked”. However, when it is created out of nothing (Ex nihilo) and you have to pay interest on it then what doe it represent?  Stealing.  When you create more of it and give it away for free, what does it represent?   It represents even more stealing on a scale that is incomprehensible.  It can never be repaid.  There is no such thing as a free lunch.   Therefore I make no apologies for posting the following video but first a few definition of terms:

 

Amortize: Definition of amortize. transitive verb. 1 : to pay off (an obligation, such as a mortgage) gradually usually by periodic payments of principal and interest or by payments to a sinking fund amortize a loan

MMT: Modern Monetary Theory (MMT) is a heterodox macroeconomic framework that says monetarily sovereign countries like the U.S., U.K., Japan and Canada are not operationally constrained by revenues when it comes to federal government spending. The core proposition of MMT is that a government that issues its own currency can always fund itself with that currency. Therefore, a government does not need to worry about accumulating large debts. The only potential downside is that government spending could lead to higher inflation.  To put it simply a government can print until its eyes bleed and doesn’t have to worry about tax revenue or deficits.

SME: A small to mid-size enterprise (SME) is a business that maintains revenues, assets, or number of employees below a certain level. The criteria for determining an SME varies among countries and industries.

TARP: The Troubled Asset Relief Program (TARP) was an initiative created and run by the U.S. Treasury to stabilize the country’s financial system, restore economic growth, and mitigate foreclosures in the wake of the 2008 financial crisis

JNK: Junk Bonds. JNK is a hugely popular, liquid, high-yield corporate bond fund.Spread is a measure of credit risk or the risk the issuer will default. Simply put high risk (JUNK) that pays high interest (yield)

 The interview

This was my comment under the interview: Good discussion. Steen Jakobsen is correct with his remark “low IQ” gut feeling about energy market (Oil) and price discovery (e.g.derivatives). This is an economic war against the petrodollar. Wrong about green climate ideologically driven impoverishment by Rothschild CB’s.

 

 

Fascinating discussion between @chrismartenson and @Steen_Jakobsen on finance and central banking.https://t.co/nY6eNtcqad

— Philip Soos (@PhilipSoos) March 13, 2020

 

Conclusion

We are in big trouble. I don’t think people really understand how big the debt bubble is.  They are about to make it much, much bigger.   This is planned destruction. When this goes it is back to the stone age which is exactly what extinction rebellion want.  Get ready to meet your masters and get ready to worship them.