The Economy’s Not Really Strengthening at All Rather, The Economy and Financial

megaphone-2

Advisory: Be careful of what you read on social media. The algorithms used by these platforms have no regard for Biblical truth. They target your emotions to keep you engaged on their site so their advertisers can drop more ads. These platforms exist to enrich their stockholders. Consider God’s promise to Believers in James 1:5, “If any of you lacks wisdom, you should ask God, who gives generously to all without finding fault, and it will be given to you.”

Featured Story

Markets, Handicapped by Extreme Intervention, Are Entirely Dependent on The Fed a.k.a Satan Soldiers Monetary Stimulus…

Everybody wrap something around your face again even though they said you wouldn’t need to if you got vaxxed! But they didn’t lie – no, apparently a bunch of people – and not just those evil white nationalist-Christian-gun-Jesus-flag people – are refusing to get the vaccine, and the reason is that they are moral defectives somehow in thrall to Tucker Carlson’s Svengali-like powers of persuasion.

You see, the people who won’t get it are stupid people who hate science because they refuse to trust the people who have spent the last year-and-a-half lying to them.

One Lock-down From Disaster

The popular economic tune being played by the popular press drones on.  You know the melody by now…

That the post-pandemic boom is alive and well.  That growth is enduring.  That blue skies are here to stay.

If you listen closely, however, several notes ring sour.

The Commerce Department reported on Thursday that second quarter gross domestic product (GDP) increased at an annualized rate of 6.5 percent.  This may sound good, initially.  But economists with Dow Jones had estimated an 8.4 percent Q2 GDP increase.  Once again, extreme fiscal stimulus, at the expense of a long term debt burden, drifted off key.

The monetary policy refrain was also lacking.  This week, at the Federal Open Market Committee meeting press conference, Fed Chair Jay Powell remarked that, “we’re some way away from having had substantial further progress toward the maximum employment goal.”

Thus the Fed will continue to hold the federal funds rate near zero and will continue creating credit from thin air at a rate of $120 billion per month to purchase Treasuries and mortgage backed securities in the amounts of $80 billion and $40 billion, respectively.  By now these damaging actions have become exceedingly mindless.  The aim for maximum employment will ultimately prove to be a shortsighted calamity.

If the economy was really strengthening, the Fed would be tapering back these security purchases and even normalizing its balance sheet.  At the very least, it would be talking about tapering.

But the economy’s not really strengthening at all.  Rather, the economy and financial markets, handicapped by extreme intervention, are entirely dependent on this monetary stimulus.

And there’s no easy way out…

Woke and Enlightened

The Fed’s predicament tightens by the day.  Take away the monetary crutches and the Fed risks a catastrophic financial meltdown.  Yet keep them in place for too long and the Fed risks a significant dollar devaluation.  These, no doubt, are the disagreeable options that remain following decades of the Fed’s erudite handiwork.

The promise of planning the economy via monetary policy, like the promise of gun control or mandatory mask mandates, is a farce.  The body of empirical evidence – the science – shows that monetary policy fails to smooth out the ups and downs of the business cycle.  Moreover, by intervening in credit markets, the Fed actually intensifies the booms and busts.

Still, central planning via the Fed is not the only madness one must contend with.  There’s a whole army of planners in Congress and dispersed throughout the government’s countless agencies and bureaucracies working overtime to steal your wealth and freedom.

Today’s central planners and social engineers are especially special.  They’re woke…and progressive.

They slog away in home offices with central air conditioning, as they swig chilled seltzers and munch on fresh, refrigerated grapes.  Their privilege is both sweet and juicy.

Yet all the while, they bemoan the cruelty of unequal outcomes.

“Why can’t others get paid by the government to munch on grapes from home too?” they ask.

These wokesters jump from one zoom call to the next, figuring new legislation to redirect the flow of money to somehow make society more equitable.

You see, equality under the law is not good enough.  Charges of systemic racism and white privilege must be overcome with government directed outcomes that are, somehow, morally equitable.

Partiality centered on an extreme fixation upon micro gradations of skin color is the great cause of the woke and enlightened.

One Lockdown from Disaster

Implicit to the planner’s toils, is a shared sense that they know how to spend your money better than you.  At best, the central planners call your money to Washington so they can then distribute it back to your friends and neighbors.  In reality, the lawmakers call your money to Washington where they distribute it to their friends and neighbors – not yours.

This is not a matter of opinion.  It’s a matter of fact.  Could it really be a coincidence that the top three wealthiest counties in the country are in the shadow of the Capitol in the D.C. suburbs?

What it is exactly that the residents of these counties do that’s of tangible value is unclear.  However, what is clear is that phony government jobs in Loudoun County, Falls Church, and Fairfax County, Virginia, pay big bucks.

This week a bipartisan group of senators reached an agreement to advance a $1.2 trillion infrastructure bill, of which $550 billion is in new spending.  The rest of the package uses previously approved spending, though we can’t tell if this is for infrastructure or something else.

Regardless, this government-directed stimulus will further the economy’s dependence on federal spending.  Workers will base their livelihoods on these projects.  Many will be boondoggles.  Some may provide useful assets.  They will all contribute to an economy that’s ultimately doomed, where debt well outpaces GDP.

But wait, there’s more…

Navigating its way through Congress after the infrastructure bill is the $3.5 trillion budget reconciliation plan, which focuses on something called ‘human infrastructure.’  This plan is slated to include complete giveaways for health care, paid family leave, education and climate change, among other things.

Make of it what you will.  Physical infrastructure.  Human infrastructure.  Debt.  Deficits.  Nonstop money printing.  Price inflation.  Woke central planners.  Economic stagnation.  Delta variant.  Perpetual dependency.

If that’s not enough, with each passing day it appears more and more likely the CDC will goad the Biden administration into another lock-down.  And at this point, we may just be one lock-down from disaster.

HNewsWire Logo Bottom Menu

The establishment has squandered its credibility, which is why its demand that everyone take the shot is getting shriller and the attempts to force people more punitive. Imagine if they had been honest from the beginning. Imagine if they had been held accountable. But to do that, you have to imagine having a ruling class that doesn’t suck. And that’s more imagination than anyone can muster.

Global Citizens Are About to Experience Hard Lock-down via the New World Order Satan Soldiers Tyrants

HNewsWire Logo Bottom Menu

Global Citizens Are About to Experience Hard Lock-down via the New World Order godless Tyrants

Please Do Not Post Hnewswire Articles on Brighteon, Gab, Parler, FaceBook, Reddit or Twatter Social Media Platform, We Are Not Comfortable With Their Anti-Christian — Anti-American Nazi Philosophy. StevieRay Hansen

I Have Never Seen The Righteous Forsaken or Begging For Rain

Luciferian Death Cult

Mr.Evil, a.k.a Dr.Death ( Dr.Fauci ) agrees with the White House and Biden himself,saying vaccination mandates should be the next step.

Who is to blame? Corrupt politicians or the stupid people who vote for them

FakeBook, Parler Tweeter Gab, Or YouTube Are Un-Reliable News Source

Ask The Blind Man ,He Saw it All

Source: HNewsWire ZeroHedge HNewsWire

StevieRay Hansen
Editor, HNewsWire.com

[email protected]

HNewsWire Logo Bottom Menu
watchman-on-wall

Tagged In

Newsletter

Must Read

Long-Journey-Home-1
One-Thing
Mark-Cahill-Ministries-1
One-Blinding-Vision

Other Sources

USSANews

Latest News

Watchman:The Supreme Court Has Further Prolonged the Temporary Halt on Texas’ Ability to Enforce Its Immigration Law. Texas Will Take Necessary Actions to Address Its Concerns. The Current Administration and Its Allies Show Little Regard for the Well-Being of Our Country. They Are Merely Deceitful Individuals Who Betray Our Nation

By StevieRay Hansen | March 19, 2024

By SRH, A temporary freeze has been extended by the U.S. Supreme Court, preventing Texas from enforcing a new law that grants state police the…

Read More

Watchman Update: Supreme Court To Weigh Biden Vaccine Mandate — The Court Has Already Turned on The People — The United States Supreme Court Has Collapsed

By StevieRay Hansen | March 19, 2024

The U.S. Supreme Court blocked President Joe Biden’s vaccine mandate on large private businesses through the Occupational Safety and Health Administration (OSHA) on Thursday, but…

Read More

Watchman:The United States Supreme Court Has Collapsed – There Is No Free Speech, No Fair Trial, No System of Justice, No Reasonable Expectation of Human Rights Anywhere, No Fair Elections

By StevieRay Hansen | March 19, 2024

HNewsWire: Soldiers of Satan Supreme Court… Justice Samuel Alito temporarily paused lower court orders restricting the abortion pill in an order Friday. The Department of…

Read More

“Watchman Says” Is Just Another Pointless Ruling From the Supreme Court. Please Leave Our Affairs Alone. Even the Rights of Average Americans Aren’t Safe With Them–They are Worthless!

By StevieRay Hansen | March 19, 2024

Please Help Donate GiveSendGo Help me keep going by donating now. By SRH, The U.S. Supreme Court declined to block a vaccine mandate for health…

Read More

Watchman:Difficulties Enhance Our Connection With God. If We Didn’t Face Troubles, We Wouldn’t Understand the Importance of Prayer. James Implies That Those Who Have Endured Hardships Are Considered Blessed Because They Develop Trust, Draw Closer to God, and Establish a Communion With Him That Is Truly Meaningful. We Are Going To Need It,Tribulation Playing Out

By StevieRay Hansen | March 19, 2024

See how the farmer waits for the precious fruit of the earth, being patient about it, until it receives the early and the late rains.…

Read More
Focused-Protection-1
Place Your Ad Here

We make every effort to acknowledge sources used in our news articles. In a few cases, the sources were lost due to a technological glitch. If you believe we have not given sufficient credit for your source material, please contact us, and we will be more than happy to link to your article.

StevieRay Hansen

In his riveting memoir, "A Long Journey Home", StevieRay Hansen will lead you through his incredible journey from homeless kid to multimillionaire oilman willing to give a helping hand to other throwaway kids. Available on Amazon.

Leave a Comment