TRUMP IN LEAGUE WITH WALL ST PRIVATE BANKERS IS PREPARING TO DEMOLISH THE US ECONOMY
HIS TARIFF PLAN IS FUNDAMENTALLY FLAWED AND WILL ACCELERATE THE COLLAPSE OF THE US ECONOMY
COULD CAUSE A STOCK MARKET CRASH
TRUMP MAY BE PLANNING A SHOCK AND AWE STYLE MARTIAL LAW OR TO TRIGGER WW3 TO DEFECT FROM THE SOCIAL UNREST
ONLY WAY OUT NOW IS FOR TRUMP TO EXPLICITY SWITCH TO FREE MONEY TO OFFSET THE TARIFFS SHOCKS OR DELAY, CANCEL SOME OR ALL OF THE TARIFFS
INDIVIDUAL STATES MAY HAVE TO CANCEL THE TARIFFS OR FACE AN ECONOMIC MELTDOWN
Mckinley s tariffs led to such a huge wave of inflation and price increases that the Republicans lost the House in 1890 by a huge majority.
Trump and the Republicans now poised for a wipe out at the mid terms due to their fundamentally falwed tariff strategy which claims to replicate the successful model of the 19th century.
But Trump s plan actually lacks the vital ingredient of free money printed by a national central bank.
This was the secret of the USA incredible wealth in the 19th centruy.
Tariffs in the 19th century were the main source of Federal tax revenue
This is because the Federal Reserve at that time was not privatized (not until 1913) and so the portion of government spending that had to be used to service interest paid on debts to the private bankers was minimal.
By contrast, in 2025, the cost of US governments interest to private bankers for using their own, the American people s money, is st to exceed a trillion a year and is growing exponentially.
https://www.crfb.org/blogs/interest-debt-grow-past-1-trillion-next-year#:~:text=Net%20interest%20payments%20will%20total,nearly%20%241.8%20trillion%20in%202035.
Interest to private bankers is now the second largest item in the government budget second only to social security.
Notice that Elon Musk s DOGE did not target these government interest payments to private bankers as waste and fraud!
That is because Musk, like Soros crony Scott Bessent, is interested in cutting government spending only in as far as it protects the private bankers wealth.
One way of protecting the private bankers wealth and the value of the dollar at the time of inflation is to introduce a recession.
A recession costs the consumers and businesses pain.
But the private bankers gain as it slows down inflation due to the exponential growth of govenrment debt and interrest.
Ultimately, the private bankers know they will need martial law or a war to deflect them from social unrest.
The Federal Reserve, before it was privatized in 1913, printed free money to fund the government operations.
From then on, from 1913, the US government had no need to go to the private bankers, to the bond market to raise money to fund its expenditure and pay interest
To do so, it introdcued Federal taxes in 1913.
https://en.wikipedia.org/wiki/Revenue_Act_of_1913
The imposition of tariffs in an environment of record government, business and personal debt due to the privatization of money likely spells the collapse of what is left of the US economy.
As US consumers have to spend more and are able to buy fewer products, businesses will not be able to sell pruducts, will contract and lay off workers.
There will be a mass impoverishment.
Taxes will fall.
Inflation will rise.
The servicing of government debt will become ever more unsustainable.
The US will collapse.
There is only one way out of the US debt spiral.
That is to switch back to sound money.
But as Scott Bessent made it clear to TC, there is zero plan for that to happen.
Sound money would mean financiers like Soros, Bessent lose their free lunches and are more likely to go to prison also for their covid jab crimes
Free money also created the basis fot the incredible wealth of the USA before the privatization of the Fed. It allowed businesses to invest and build up agriculature, commodities, manufacturing, hire labour.
This is the secret of China s scuccess as discussed by Professor Franz Hoermann in Der Standard in 2010.
The monetary funding of the government is why no Federal taxes were needed in the USA.
Federal taxes were only introduced in 1912 to pay for the privatized money.
To collect a relatively small sum of money from tariffs as taxes was not a problem but to collect a very large sum on imports became a huge problem when McKinley failed to ensure there were enough measures to boost US domestic supply as the Chinese government does ensure by stimulus, cash grants to busiensses to stimulate supply and consumption.
Yet, at that time, the average American business and consumer did not have massive debts, interest payments and they had higher savings at about 15% compared to today when the average American has debts.
From media
The tariff was not well received by Americans who suffered a steep increase in prices. In the 1890 election, Republicans lost their majority in the House with the number of seats they won reduced by nearly half, from 171 to 88.[14] In the 1892 presidential election, Harrison was soundly defeated by Grover Cleveland, and the Senate, House, and Presidency were all under Democratic control. Lawmakers immediately started drafting new tariff legislation, and in 1894, the Wilson-Gorman Tariff passed, which lowered US tariff averages.[15] The 1890 tariff was also poorly received abroad. Protectionists in the British Empire used it to argue for tariff retaliation and imperial trade preference.[16]
https://en.wikipedia.org/wiki/McKinley_Tariff#:~:text=6.1%20International%20impact-,Description,to%20protect%20American%20manufacturing%20interests.
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