Fiscal Policy vs. Central Bank Interest Rates: ESG Regulatory Mandates, Shrinking Government REVENUE, and Higher Interest Rates Canada & The United States #LateStageSocialism – October 6, 2023
So, I personally couldn’t care less if you’re a conservative or a Liberal, when it comes to Environmental, social, and corporate governance (ESG). I’ve listened to so-called capitalists praise ESG which is nothing more than Corporate Welfare that uses “environmentalism” and “Social Justice” as its justification for a small group of oligarchs to fully take over the global economy.
Spare me this crap about Elon Musk being a hero, Elon Musk started this crap, and the mere fact Elon bought Twitter, should be an indication that he’s not worthy of the richest man in the world honor. Elon Musk is the richest man in the world because of ESG, Elon Musk CHAMPIONED ESG; yes, Tesla is a good idea, I think Electric Cars are a good idea, I love the idea of electric cars, but getting the government to finance it is WRONG.
You’ll also notice that lately, Elon Musk is sounding a lot like Donald Trump, you know the POPULIST President who claimed he would drain the Swamp? To date Donald Trump has been the biggest help to Swamp, in case people forget during Trump’s Presidency, he very aggressively requested that Jerome Powell lower interest rates. I want to give a little context to you moronic low-IQ Conservatives who support this idiot Donald Trump.
Joe Biden by far is the worst president in U.S. history for the economy, well, it’s 2023, the Federal Reserve interest rates are at 5.25%-5.50% and there hasn’t been a crash yet. So you explain to me why this idiot Donald Trump who claimed to have created the best economy humanity ever knew, needed interest rates near zero?
Then I want you to comprehend that lower interest rates FINANCED the SWAMP The Donald claimed he wanted to drain. Zero Interest Rate Policy(ZIRP) finances the swamp, most of the swamp creatures are these multinational corporations, seeking cradle-to-grave welfare from the government.
What is FISCAL policy?
In economics and political science, fiscal policy is the use of government revenue collection and expenditure to influence a country’s economy.
Before you go on a multinational corporations bashing spree, let’s talk about what created these multinational corporations, that would be social security and Medicare. All of these WELFARE programs that rely on profits for the government have created these monsters, that will have to SHRINK sometime. How that shrinkage occurs is beyond my comprehension, but they’ll have to shrink.
One of the reasons that the EXPANSION of the money supply will continue is because of PRICE CONTROLS; I keep hearing people say the stock market has to crash, I say, sure it will, but why it doesn’t want to crash is because to dig ourselves out of it, we’re talking about MASSIVE Austerity measures.
When I write about Late Stage Socialism, what I’m referring to is Austerity Measures or hyperinflation. Being that I frequent both the United States and Canada, I can DEFINITELY see hyperinflation in Canada’s future, as the Canadians for the most part appear to be absolutely clueless about what’s happening.
Sure there are Canadians who comprehend what’s going on and have already positioned themselves to be beneficiaries when the inevitable happens, but in Canada, their state of mind still is that the FEDERAL GOVERNMENT has the answers.
Whereas when you observe the United States, clearly some U.S. states fully comprehend what’s going on, and have already positioned their state to be the beneficiaries of what will unfold.
For those of you unaware with LEDGER money, it basically means that the MONEY itself doesn’t matter, what matters are the FISCAL policies governing the money. Most economic problems actually start on the LOCAL level, which is why if you’re a true Conservative, you want to SHRINK the size and INFLUENCE of the Federal government.
As you’ll notice with the Democrats and the morons who support the Democrats, they imagine bigger is better and they’d prefer to have a ONE-SIZE FITS-all approach to governing. For example, someone with a gun killed someone I love, so a Democrat would say to themselves, I don’t want anyone else to feel the pain I felt, so I want to BAN GUNS entirely (One size fits all).
One Size fits all FUELS poverty because we’re all unique as humans, and sometimes GOD provides solutions to problems in UNEXPECTED ways, however, if people or market participants are SCARED to speak up or speak out, a lot of solutions will NEVER come to the marketplace.
As you know with ESG, the government wants to control the way speak and the government also wants to control how DOMESTIC energy is produced. In Canada, their current Prime Minister Justin Trudeau, actually went as far as to bring a Nazi to parliament to be the beneficiary of APPLAUSE and adulation.
Some context here, it’s said that Justin Trudeau wasn’t actually responsible for this Nazi getting this applause and adulation, it was done so error, but I really want you to think about that. Is Justin Trudeau’s cabinet or the people he surrounds himself with INCOMPOTENT or are at least some of them Nazi Sympathizers?
I can make the argument that ESG is a lot like FASCISM; ESG is indeed merging corporations and governmental powers together for a common goal. Canadian media went out of its way to play down this Nazi getting praise from the Canadian government.
Now in the United States, it’s pretty obvious that Joe Biden is a corrupt President; I don’t really care if you’re a Democrat or a Republican, Joe Biden’s political life is at the very least worthy of some scrutiny.
Now, with the Democrat-controlled media, which in many ways is the multinational corporate media, Joe Biden’s questionable actions should be ignored, and the focus should be Donald Trumps questionable actions, that’s basically what they’re selling Americans, but with Joe Biden, it’s just so obvious.
But even in America, they’re used to corrupt politicians, which is one of the reasons Americans like SMALL government. Americans are more consciously aware as to how easy it is for a person to be corrupt, so for most Americans, the idea is to hopefully get rid of Joe Biden and NOT have him replaced with Kamala Harris, because with Kamala Harris, the media will start playing the RACISM card.
Instead of Kamala Harris merely being an incompetent person, the new narrative will be that White people are targeting this “innocent, perfect, woman of color.” So for Joe Biden, you’ll notice that the Republicans are DRAGGING their feet on the impeachment process for a reason. The polls indicate that Americans, even with all the Joe Biden corruption, dislike Kamala more than him, a reminder that Kamala was near dead last in the DEMOCRAT debates leading up to the 2020 election.
So, as revenue in Canada and the United States dwindles, more people are TRYING to blame the central banks, but why? As I’ve stated in plenty of posts, most people like to blame the central banks, because blaming democracy is a tough sell.
Why is Canada and the United States going to hell? Because of ALL of us voters, the Democrats in the United States and the Liberal Party in Canada, have been at war with the education system for decades, and that horrible education has turned out a surplus of now adult voters who imagine money grows on trees so why not vote for the politician who promises us the most free stuff.
Fiat money is POLITICAL money; central banks are merely an arm of the political process in the modern era; the real culprit is FISCAL policy, and to attack fiscal policy is to attack the VOTERS, something that no politician in their right mind is going to do.
I’ve heard some claim this is an overall IQ problem, I actually DISAGREE with that; IQ does lead to prosperity, but if people knew that by voting to give the government more POWER, they’d not only be POORER, they’d also end up slaves, I think ENOUGH eligible voters would demand that government remain small or they’ll SECEDE from paying taxes or even using their LEDGER money.
You have to remember what a FIAT monetary system means, it means that if the citizens reject the money and if the enforcement arm of the government comprehends that the citizenry isn’t STUPID, the government will HAVE to change.
CIVILIZED people create CIVILIZATION, government doesn’t civilize people, we civilize ourselves, and humans gravitate to where all the SMART people are. The issue is of course, financial education. As I’m writing this right now, the price of Bitcoin has remained level.
I don’t think Bitcoin is the perfect currency, but the mere fact that people refuse to let it die should tell you something about MONEY. Money is merely checks and balances, it’s a reflection of FISCAL policy, with all of Bitcoin’s imperfections, a lot of people still see something there of VALUE.
This is not a promotion of Bitcoin; this is a reminder to people that we need to become better FINANCIALLY educated to get these evil people off our backs.
Interesting times ahead!