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The 2024 Debt Spiral: How $1 Trillion in Interest Is Breaking the Federal Budget


 

OurGoldGuy.com

Contrary to conventional wisdom, higher interest rates mean more inflation in the environment today.

That’s because the federal interest expense increases as interest rates rise. As the federal interest expense rises, so does the budget deficit. As the budget deficit increases, so does the currency debasement needed to finance it. Skyrocketing interest expense will have an enormous impact on the US budget.

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Video: THE GREAT TAKING

Intentional Destruction: First Covid, Now Comes "the Great Taking"


The Great Depression was a well-executed plan to seize assets, impoverish the population, and remake society. What comes next is worse..

A recent book by David Webb sheds new light on exactly what happened during the Great Depression. In Webb’s view, it was a set up.

Webb is a successful former investment banker and hedge fund manager with experience at the highest levels of the financial system. He published The Great Taking a few months ago, and recently supplemented it with a video documentary. Thorough, concise, comprehensible and FREE. Why? Because he wants everyone to understand what’s being done.

If you haven’t read “The Great Taking” or watched the documentary, I recommend you pour yourself a stiff drink and watch it now:


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Video: Catherine Austin Fitts - Government Taking Massive Amounts of Dark Money


Financial expert Catherine Austin Fitts says, “I don’t know why the government is shifting massive amounts of money out of the U.S. government and out of the U.S. economy and taking it dark.”

Fitts says, “Right now, we are choking on secrecy as a society. If you look at all the people who got it wrong about the collapse, the reason they got it wrong is because all the information they needed to determine whether or not it was going to collapse was being kept secret even though they, as taxpayers, were financing it. . . . If we had transparency and we stopped with the secrecy, we could turn the red button green. . . . The cost of secrecy is enormous . . . . The cost of tyranny, the cost of oppression, the cost of Americans having lousy education and all this control, it destroys so much wealth.” You cannot have a successful civilization with this kind of secrecy.”

Join Greg Hunter as he goes One-on-One with Catherine Austin Fitts, Publisher of “The Solari Report.”

 

YouTube Deleted Greg Hunter's Entire Channel.  Years of outstanding interviews wiped out overnight!
F' YouTube!!!

Fortunately we now have alternative video hosting platforms such as Bitchute and Rumble where I was able to find another copy.

 
I also managed to find an archived audio copy of this program.  ENJOY!

 
 
 

 

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Video: Nurse Breaks Down Describing Struggle in Biden’s America Despite Her & Husband ‘Making Good Money’


Infowars.com

"Somebody has to do something to change this because I make good money, he makes good money, we don't live above our means but we live paycheck-to-paycheck."

A nurse and mother’s rant about her financial struggle under Joe Biden’s policies is going viral on social media.

The full-time Pennsylvania critical care nurse and mom-of-two Mackenzie Moan described how her and her husband still lived “paycheck-to-pacheck”  despite “making good money.”

“I feel like my husband and I are doing everything right,” she said as she teared up in a video posted to Tik Tok. “We both have good jobs. I’m a registered nurse, I work full time, he works full time.”

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How Bank Loans Really Work - This Is How Bankers Rob Us Blind


Testimony of a banker about a foreclosure.

The banker was placed on the witness stand and sworn in. The plaintiff's (borrower's) attorney asked the banker the routine questions concerning the banker's education and background.

The attorney asked the banker, "What is court exhibit A?"

The banker responded by saying, "This is a promissory note."

The attorney then asked, "Is there an agreement between Mr. Smith (borrower) and the defendant?"

The banker said, "Yes."

The attorney asked, "Do you believe the agreement includes a lender and a borrower?"

The banker responded by saying, "Yes, I am the lender and Mr. Smith is the borrower."

The attorney asked, "What do you believe the agreement is?"

The banker quickly responded, saying, " We have the borrower sign the note and we give the borrower a check."

The attorney asked, "Does this agreement show the words borrower, lender, loan, interest, credit, or money within the agreement?"

The banker responded by saying, "Sure it does."

The attorney asked, "According to your knowledge, who was to loan what to whom according to the written agreement?"

The banker responded by saying, "The lender loaned the borrower a $200,000 check. The borrower got the money and the house and has not repaid the money."

The attorney noted that the banker never said that the bank received the promissory note as a loan from the borrower to the bank. He asked, "Do you believe an ordinary person can use ordinary terms and understand this written agreement?"

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Video: Zeitgeist - Part 3: How The Bankers Control the World


This is part three of the documentary Zeitgeist.  The word zeitgeist means "the defining spirit or mood of a particular period of history as defined by the ideas and beliefs of the time."   Part three details the global elites, those that own and control the central banks and as a result, just about everything else of consequence.  It goes into who they are and what they've done and are doing to this planet to achieve their maniacal goals to control all of mankind.  These are not kind beneficent people.  They are the ones that cause all wars and are behind all the raping and pillaging going on throughout the world.

Part 1 jumps into the fray with a discussion of religion as one of the oldest and most powerful forms of control known to man.  While it focuses primarily on Christianity, it reveals how the religious stories told to believers are remarkably similar between religions and it's stunning to trace them back long before Christ was ever born.  See Part 1 here.

Part 2 emphasized how those in power use fear and conflict as another primary means of controlling populations.  Learn the truth behind the events of 9-11 and the reality that it was deliberately orchestrated by the global elites to start yet another war through which they can continue their agenda for world conquest.  See Part 2 here.

For more info on the movie please visit the official web site at: zeitgeistmovie.com

 

 
 
 
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Video: All Wars Are Banker Wars


What if every war fought in the last century was just a means to install central banks into countries that didn't want them? If you look at a list of all the nations the US has toppled since 9/11, it's every nation that was not connected to a central bank under international control. It's not a coincidence, and any time a nation attempts to back their currency with something like gold or silver, their leaders mysteriously get assassinated or some other disaster happens that upends the government so it can be coup'd.

 

 

 
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Video: Epoch Times: Will the Fed Crash the Economy to Defeat Trump?


Should the Federal Reserve hold back on trying to avoid a recession? Bill Dudley, a former Federal Reserve member from New York, thinks that’s exactly what the Fed should do. In his recent column for Bloomberg, Dudley proposed the Federal Reserve not lower interest rates to help an economy at the tail end of a long economic expansion and stifled by four years of Fed rate hikes as well as “the trade war” with China. His reasoning is absolutely chilling:

 

 
 
 
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Video: Federal Reserve Launches Phase One of Their CBDC (Central Bank Digital Currency)


Infowars.com

In a recent Time Magazine article, Ray Dalio of Bridgewater Associates hedge funds warned that the world is on the brink of disaster.

He came to this conclusion based on current events that haven’t happened since the nineteen thirties.

The largest amounts of debt and inflation, the biggest gaps in wealth and values resulting in the rise of populism on both the left and the right against the elites, and the greatest international conflict between world powers, most importantly between the U.S. and China.

 

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Banks Create Money Out of Thin Air — What Could Possibly Go Wrong?


Mises.org

You might rightfully wonder: How can a bank, like the neighborhood bank down the street, “create money out of thin air”?

To answer that question, we must enter the magical kingdom of “fractional-reserve banking,” where deposits are turned into loans, loans are turned into money, and so on. For every old dollar that goes in, nine new dollars come out, created with the stroke of a pen or the click of a mouse. As you may be aware, general deposits are loans by the bank depositor to the bank. However, banks can spin new loans out of old loans, creating a wheel of fortune by lending the same dollar to nine different customers—a feat that, to the uninitiated, is equally quite amazing and frightening!

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Who's Online
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What's New
Stories  last 2 weeks
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Please Support Us With A Purchase