Election Fraud, Puppet Presidents, The Federal Reserve, and Higher Commodity Prices – January 8, 2021,
So if you believe that the election was rigged which is what I believe, the empire America has a huge problem on its hands, because now its enemies know they can install puppet politicians anytime they want. I personally think Joe Biden is a puppet and the U.S Federal Reserve is very easy to control because if the U.S dollar wants to remain the world’s global reserve currency it’s going to have to adhere to the currency manipulation of its peers.
With control of the house and Senate, Joe Biden will bail out the bankrupt U.S States and their bankrupt pensions which equate to Red Hot Inflation
So as everyone knows, a big government leads to malinvestment, a lot of people forget how bankrupt China is, the Chinese People aren’t bankrupt but their government is bankrupt, which is why they’ve not only been buying up commodities, but they’ve also been hell-bent on building their belt and road initiative, I’d argue that Chinas belt and road initiative is the equivalent to U.S military bases being stationed all over the world, the difference being is that the Chinese Communist Party model will be far more economically efficient.
I’m also reading a lot about the Chinese digital currency in which a person needs to obey the Chinese Communist Party to use. The problem I have with a digital currency is the governments’ ability to shut you down. With cash, the government can’t shut a person down, with a DIGITAL currency that has a centralized grid system a government can shut you down.
I point out China because when inflation runs red hot, America is going to soon find out that it’s lost control of the U.S Dollar. The problem with fiat money is that you get a false sense of confidence about how much money you can print domestically, eventually, real inflation starts to take shape and that’s going to be the problem of the Biden administration.
Malinvestment and productivity is what it is, you can’t hide the unproductive, the unproductive are unproductive and I like to point out that a minimum wage is a projection into the future, meaning that wages artificially rose years ago with the anticipation that market forces would eventually catch up with them.
Well, technology has been deflationary, not inflationary for wages which is why PRIVATE SECTOR wages have been stagnant and jobs have been leaving America at an alarming rate. To frame the minimum wage in its proper context, it’s the death knell for the U.S economy and I haven’t even begun to write about social security, pensions, and social safety nets yet.
All of these non-productive government obligations are now going to come with a cost of living increase price tag, because, not only are all of these programs unsustainable, but American productivity is going to come to standstill while Americans are being rewarded financially for doing NOTHING!
What I expect is going to happen is the U.S dollar is going to drop and then rise again because Joe Biden is not smart enough to understand currency wars or currency manipulation. Furthermore, Joe Biden is going to force energy prices up when he rejoins the Paris Climate agreement, oil prices are going up for sure which means the cost of living is going up.
What’s being ignored are the bailouts that will be going to New York, California, and other bankrupt U.S States and a bunch of other socialists programs that I can’t think of right now, that Joe Biden will owe his handlers that financed his election. Now, although most people in the back of their heads think that all of this free money redistributed is a good thing for everyone, unfortunately, it’s not, because it’s like paying down debts, most of that money won’t be used productively in the United States.
Free money is usually malinvested money, and more than likely a huge chunk of it will be used to pay down debt obligations and not used for anything productive and again remember that Joe Biden will be adding on more government regulations to the economy, so this is also deflationary for the U.S economy. When you continuously fight deflation by throwing money at the problem, eventually inflation runs red hot.
Furthermore, if America never fixes this election fraud problem, puppet presidents, puppet senators, puppet mayors, puppet Governors will all be normalized, it wouldn’t surprise me if the Blue Wave never ends.
Interesting times ahead!