Here's a video I did while exercising on my treadmill explaining a change to monetary policy which I believe has and will continue to have a profound effect on the world for decades to come. Please pardon my appearance.
I posted a blog article with a similar message.
PERSPECTIVE:
Here are some facts about our national financial situation as of 2/4/21:
Federal Debt - 28 trillion
Federal Deficit YTD - 4.57 trillion
DEBT PER TAXPAYER - $223k
OTHER LIABILITIES:
Social Security Deficit - 22 trillion
Medicare Deficit - 32.5 trillion
Total Unfunded Federal Liabilities (per citizen) - $480k
Source: See for yourself
When I studied economics 43 years ago at Babson College those numbers would have been unthinkable.
One cannot appreciate how financially out-of-whack our nation is without making an historical comparison for context. To give you a sense of historical context let's look at just one detail -- Debt:GDP.
Consider our nation's Debt to GDP ratio. For many decades we have been seeing this rise. The general sense was that as long as the Debt to GDP ratio stayed under 100% we didn't have to worry.
DEBT TO GDP:
1960 - 52%
1980 - 35%
2000 - 59%
NOW - 130% and growing faster than ever!
There is more:
If these numbers look scary now, wait till you see them in a couple of years! They are worsening at a truly alarming rate!
Most politicians and media are turning a blind eye to the seriousness of debt. Covid has provided a tremendous distraction. China's debt to GDP ratio is several times worse than the USA. How convenient a distraction.
The main reason we are getting away with such perverse fiscal mismanagement is because we have stopped believing debt matters. Under Modern Monetary Theory we can print our way out everything. Everything except two things:
1) The first is inflation. In the event of inflation, the government would use taxes and interest rates to slow down the economy and tamp down inflation. But when the government slows the economy it also increases the need to print more money to pay it's liabilities. Plus, rising interest rates would DRAMATICALLY increase the cost of carrying our debt. Those effects feed back into the problem of insolvency. It is a viscous cycle!
2) On our paper currency is printed "IN GOD WE TRUST." Also printed on our money within the Great Seal of our Nation on the reverse side is the phrase "Annuit coeptic" which comes from the Latin words annuo, "to nod" or "to approve", and coeptum, "commencement, undertaking." It is literally translated, "[providence] favors our undertakings" or "[providence] has favored our undertakings.
If as a Nation we no longer "Trust in God," at some point God will no longer "approve" of U.S. AND, at some point the public will no longer believe in the faith & credit of the United States behind the dollar.
BOTTOM LINE:
America is broke. Then again so is Europe and Asia, etc. People don't know it but that doesn't mean it ain't so. It also doesn't mean that people won't figure it out one day.
There are a number of ways for this to end. NONE OF THEM ARE PRETTY.
WELCOME TO THE GLOBAL RESET AND THE ULTIMATE NEW WORD ORDER.
In the event things get "out of hand, ala a financial crisis worse that the last, and it becomes clear that we cannot print our way out like we have been doing, then money becomes worthless. Here is a possible result . . .
The world will replace currencies, as we have known them for thousands of years, with one new worldwide digital currency and in the process the Central Banks will wipe out most goverment debt. Paper money becomes worthless. Each of us would have to accept the new digital mark that identifies us into order to buy or sell. Hmmm ... what does that sound like?
I know -- it sounds crazy. But I'll bet the Holocaust sounded crazy too Jews and other Germans in the 1920's.
Epilogue:
What is interesting to an investor is how do you play the time in between! I definitely have thoughts and ideas on that.
Plus, in the meantime which could be who knows how long, it goes without saying to count one's blessings and enjoy things in life: e.g. family, food, fishing, farming, friendship, faith, etc.
As wise as it is to plan and prepare for the future, in between the past and the future is the present. We live in the moment.
Trump doesn't quit. He keeps fighting for the people and the Nation we love.
Trump Creates ‘Office of the Former President’ to Advance US Interests, Carry on Trump Admin Agenda.
INSURRECTION AND IMPEACHMENT ARE JUST ANOTHER HOAX IN A FIVE YEAR ATTEMPT TO STOP TRUMP'S ANTI-ESTABLISHMENT AGENDA.
As we watch Biden's radical Left agenda for our nation unfold, and the One World Order alliances take hold in the USA, Trump's MAGA slogan is more relative and important than ever before.
America's and the world's greatest existential threats and enemies are giddy over the election. China, Iran and Russia got their man.
They are all counting on the most recent impeachment stopping Trump. They are all counting on being able to exploit this latest impeachment hoax to silence their opposition. As always, the mainstream media, big tech and the Deep State are all too eager to participate.
The truth finds way.
There is evidence to believe that the Capital assualt was planned in advance. History is evidence too. And there have been over 500 peaceful Trump rallies. There is also enormous evidence of Antifa inciting violence!
Trump explicitly told his supporters to be peaceful. But the planners & instigators knew Trump would encourage his supporters to march on the Capitol so they were able to exploit that.
There is proof that anti-Trump provocateurs disguised themselves as Trump supporters and embedded themselves in the crowd at the front of the march. They performed violence and whooped up the crowd. The rest was an expectable chain reaction.
Of course you will not get the otherside of the story on mainstream media. That's why America is in the mess we are in! They are the reason we got President Trump in the first place. Our Press isn't objective or non-partisan. The mainstream press is the propaganda arm of the Left and China. The world has figured this out!
That does not make the actions of those who entered the Capitol illegally acceptable! Each case must be heard and appropriately prosecuted.
But before the investigations into what actually happened were even started, Pelosi rushed to impeach the President in one day. The Speaker, who is supposed to represent ALL Americans, didn't want to let the facts surface. Pelosi didn't want to let calmer heads prevail. She leveraged the heat, emotion and confusion of the moment to rush through an impeachment. That wasn't justice - it is a lynching
Democrats want to impeach Trump because they are afraid of him. They are afraid of the fact that half our nation still enthusiastically supports him. They are afraid of the success of his agenda. They are afraid of how disastrous Biden/Harris will be. Most of all they are afraid of the truth. So they are doing everything they can to silence, cancel and bury the truth.
This is not how our Republic was intended to work. These are fascist-like actions of power hungry partisans driven to redesign America according to their Socialist New World Order agenda.
Biden is cognitively impaired puppet and most of the world, let alone Americans know it. He lacks the mental capacity to cope with what's in store. We also know this election was anything but fair.
Trump doesn't quit. Neither will the patriots who love America.
https://link.theepochtimes.com/mkt_app/trump-creates-office-of-the-former-president-to-advance-us-interests-carry-on-trump-admin-agenda_3671398.html
Peace through strength brought down the Soviet Union. President Trump pursued a similar philosophy. President Obama left Trump a depleted and aged military. Trump achieved peace as he rebuilt the USA Military stronger than it has ever been.
DID YOU MISS THIS IN THE MAINSTREAM MEDIA THAT IS FAWNING OVER BIDEN/HARRIS? While they were giving Biden/Harris a tongue bath this happened.
24 HOURS AFTER JOE BIDEN SWORN IN AS PRESIDENT:
Troops were ordered BACK into Syria. The convoy entered the country from Iraq via the al-Waleed crossing “to bring arms and logistical equipment to bases in Hasakeh and Deir Ezzor provinces."
To his very last days President Trump was bringing our soldiers home. Trump is the first President in over 20 years to END our wars and bring our troops home.
What is equally remarkable is that as Trump successfully brought our military actions to a close, he increased the actual and perceived strength of the US Military at home and abroad. Think about that!!
Trump often stated that his objective was to achieve "peace through strength." Trump reduced the presence of our military in foreign conflicts, yet he managed to increase the recognition of our Commander In-Chief's ability and willingness to meet any threat. Think about that!!
Biden is a puppet and we all know it. The entire world questions his mental capacity and cognitive functioning! Biden presents an image of weakness to our enemies China, Russia and Iran. All these country's literally celebrated the results of this election. They interfered and they clearly got the result they were striving for. Think about that!
What I will say is: The period of peace that Trump achieved will be short lived under the new President.
Biden has assembled the same bad actors to be part of his administration that produced horrendous results in the past. The new Administration looks a lot like the one that produced ISIS and the largest refugee crisis in the history of the world. Not even one month into Biden's Presidency, ISIS claimed credit for twin bombings in Iraq.
Like the Administrations before him, the Obama Administration brought us only wars and conflicts in the Middle East. The Trump Administration achieved peace in the Middle East like NO OTHER President in history has. In fact, the relationships forged between Israel and it's Arab/Muslim neighbors are a first in the history of the world!
Sadly, under Biden, history is repeating itself. And with that, the endless wars will be back.
By the same token, if you are familiar with the scriptures and the patterns taking place you might say that prophecy is presenting itself. If that's the case perhaps what we are witnessing is what was foretold. If so, the last war for a thousand years is being ushered in.
I enjoyed the peace while it lasted!
Isaiah 12:2 - "Surely God is my salvation; I will trust and not be afraid. The LORD, the LORD himself, is my strength and my defense ; he has become my salvation.”
🙏PSALM 91🙏
UN-CATHOLIC JOE BIDEN WASTES NO TIME SETTING OUT TO TAKE LIFE AWAY FROM THE UNBORN.
“And I will give you mercy, and he shall have mercy on you, ” Jeremiah 42:12
WHEN DOES THIS LIFE BECOME WORTHY OF ANY PROTECTION AT ALL?
From seeing and hearing President Trump's Farewell Address, I sense he has prayed and was guided by the Spirit in his heart. His message and demeanor suggest to me he is finding peace internally and seeking peace for our nation. He understands the source of true power.
There was a fascinating irony in his Farewell message. As he turns over the Presidency he also points out that "the movement is just beginning." That movement is about the deep love in the hearts of patriotic Americans for our nation and the values it was founded upon. Of course those are Judeo Christian values.
As for Biden, I continue to pray for our Nation. Unfortunately so much damage has been done to our country by Partisanship, and Biden has a lot to prove to half of America.
Trump kept his promises, blessed Israel, and our nation prospered, even while under attack by a biological weapon from China.
What is most ironic and disconcerting is the thought that Biden actually keeps his promises. His promises bring us backwards. They consume the accomplishments of the last four years.
As we begin a new chapter in America, I am reminded of the Bible and the dream that Pharaoh had of 7 sick cows devouring 7 healthy cows for which he called Joseph up from the "pit" to interpret. Joseph ben Jacob said God would provide the interpretation of Pharaoh's dream. The numbers of cows were years. The healthy cows represented the years of prosperous grain harvests. The sick cows were years of famine.
Perhaps the meaning for today is similar. I draw the following meaning for today's context. The next 4 years will surely devour much of what was grown over the last 4 years. But the last four years also provided what our nation will need to survive.
If my analogy is correct, here are some morals to consider personally: Hunker down and preserve what you have. Guard that which is dear. Moving forward, be resourceful. By the same token have Faith in God to bring us through. There is still a place that God has for those that accept and believe. In the meantime we have to continue to tabernacle (meet) with God at his appointed times. Most importantly, we need to follow the Light God wrote in our heart.
As a Nation we must keep true to the US Constitution and the Founding principles that are the basis for the special and sacred Covenant which makes America great. We must continue to bless Israel!
If there is anything we should have learned from the last 12 plus years it is the damage which is caused when we take hate into our heart and nurture a grudge. To do so only causes us to take sin onto ourselves. More than ever, we need to love our fellow as ourself. So says Adonai.
This is a time for repentance and prayer. If Americans and America go down the path of revenge there will be NO unity and we may bring our own destruction, personally and as a Nation.
In order to overcome the evil in the world we must first overcome the evil inclinations in ourselves.
Baruch Hashem (Amen)
THE MAN TRULY WAS A PHENOMENON
From 2016, Donald Trump, a man in his late 70's traveled the nation and did over 500 rallies before tens of millions of supporters. In 2020 alone he did over 100. For the past year giant crowds would spontaneously break out into chants of "we love Trump."
No President more greatly exercised the right we all used to have to free speech in order to communicate DIRECTLY to the PEOPLE. No President put himself out in front of the American people more.
No President, shy of perhaps Abraham Lincoln, has faced a more hostile Press and Partisan Congress.
General Ulysses S Grant had a notorious reputation. President Lincoln fended off demands for him to remove Grant by saying, “I can't spare this man–he fights.”
Despite the Washington D.C. establishment, big tech, and the billionaire elite that own them all relentlessly trying to detroy him, the Trump Administration's list of accomplishments for our Nation and the world is nothing short of incredible.
Despite the Left playing the race card continously and doing everything it can to make Trump out to be a racist, he still drew more support from blacks and Hispanics than any Republican President in at least a century.
Despite the Left portraying Trump as a White Supremacist and a Nazi, the truth is that no President did more for Israel in all of history. And no USA President is more popular there.
No President fought harder to strengthen our military, the economy and fair trade. No President fought harder for individual and religious freedom. No President fought harder for victims of sexual trafficking. No President fought harder for the unborn.
Trump unabashedly praised and thanked God. No other President that I can recall ever raised the bible to protest the burning of a Church. They criticized him for that too.
For years President Trump has denounced the voilence in our cities. He has spoken out against people burning and looting inner cities across America while Democrat leaders purposely stood-down and allowed thousands of lives, businesses and $2B of property to be destroyed. While the Left chanted to defund the police, Trump stood up and applauded our police.
No President secured more peace than Trump and no President worked harder or smarter to end military conflicts caused by previous Presidents. Trump successfully concluded other's military failures around the world and brought our soldiers home. No President was more outspoken and dedicated to our veterans.
Never in history has a President who loved America as much, been hated as much. No President has had to endure 5 years of relentless and illegal efforts by Democrats, the DOJ, the FBI, the CIA, the Speaker of the House, and the media to delegitimize and remove him from office. His entire family have endured the longest personal assault imaginable.
His home state of NY where he created thousands of jobs and changed the skyline of NYC with magnificent buildings, literally drove him out. NY State's Democrat leaders are so rabid with hate that the have weaponized the state's highest powers against everything Trump.
No other President has faced a biological weapon attack against their greatest accomplishments which their reelection hinged on. No less one by the greatest existential threat to the USA and the world - the Chinese Communist regime. And no other President delivered on the promise of a vaccine in record time exactly when he said it would arrive.
"Winning is easy. Governing is hard."
Joe Biden didn't win the presidential election from his basement. Neither did Kamala Harris. It was given to them. It was bought for them by the same powerful forces that set out to destroy President Trump from the moment he came down the golden escalator and promised to drain the swamp. Their campaign was sponsored by the mainstream media which is owned by these powerful establishment forces and underwritten by Wallstreet who is one and the same.
But now Biden has to govern. At least for a little while until Obama's pick for President replaces him. (I PUBLICALLY CALLED KAMALA THIS WAY IN 2019 WHILE SHE WAS LAST IN THE PRIMARY!)
The Biden/Harris Presidency has to prove itself. Biden still has to prove that he is competent.
Trump's accomplishments are for history to judge. There will never be another Washington, Lincoln, Teddy Roosevelt. And there will never be another Donald J Trump. The man was truly a phenomenon.
THE HYPOCRISY IS GREATER THAN THE TRUTH.
Epilogue: Trump made quite a number of predictions about "Sleepy Joe's" presidency. (Open borders, WWIII, Inflation, higher gas and oil prices, crime increasing, fentanyl deaths rising, sex trafficking increasing, etc.) Trump also said the Democrats would come after his supporters. Trump said he would never quit fighting. Time will tell.