There are two good things about Censorship. It might be surprising for some in the audience to hear me say this … those who are aware of what I spoke about in the previous video concerning Free Speech, but I ask you to hear me out.

The first good thing to say about Censorship is that it gives us an indication of the efforts that are required to suppress the Truth (whatever the Truth might be). The more Censorship that is put in place, the more concerned they, our Overlords, are about the Truth getting out.

Seeing things from their point of view, they fear us, the ordinary people of the world, knowing the Truth about what they have been doing for the past however many decades – their Machiavellian machinations to do with the Media, Economics and Politics etc etc.

And, so as the Truth starts to come out, they therefore necessarily become more fearful of our response. Hence the more measures that they then put in place to counter that emergence. So, essentially, the harder they suppress, the more fearful they are.

In some respects then, we can say that Censorship acts as a relatively reliable indicator of their levels of fear. So, the Censorship is a “fearmometer”.

And, if I am reading the fearmometer correctly, it would seem that our Overlords are fairly fearful at present because the Truth is slowly, but surely coming out.

My guess is that they’re actually fighting a losing battle because, as the old adage goes, “the truth will out eventually”.

So, we can use the level of Censorship to gauge their fear - that’s the first good thing to say about Censorship.

The second good thing to say about Censorship is that it gives us an indication of the health of a nation. To state this in reverse, it’s an indicator of how sick the nation is. Because, as far as I’m concerned, in a healthy, free and open society, there is no Censorship – in terms of Free Speech - none whatsoever.

Indeed, Free Speech is, to my way of thinking, the very hallmark of a healthy, free and open society.

I would venture to say then that our society is in pretty poor health at present.

Be that as it may, perhaps this is not necessarily such a bad thing - in one respect at any rate.

Again, this might be surprising for some in the audience to hear me say this. So, why do I say this? Well, because more people then might realise that the nation is sick in some way, and then, they might be that bit more likely to want something to be done about it.

I very much doubt that they will react with any kind of revolutionary fervour. And I don’t even think most people will actually get actively involved, but at least they might be willing to lend their support to any actions that they see others are taking.

And that then maybe is all that is required to tip the balance in favour of change.

Those people who are spearheading the change really only need have the support of the masses to do what needs to be done.

Although, I should perhaps qualify this by saying that of course, t

Free Speech is an idea which is cherished by many and, rightly so in my opinion.

In America, such is its importance that Free Speech is enshrined in the constitution in the form of the First Amendment. I quote …

“Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the government for a redress of grievances.”

I’m of the opinion that Free Speech should be considered as a fundamental human right. It’s also an inalienable human right.

But lofty notions aside, let’s consider what Free Speech means in practical terms.

Free Speech should be exactly as it’s described as being … that is to say, “free”. Put in plain and simple language … each and every one of us should be free to say exactly whatever he, or she wants - no matter what.

In line with this, Free Speech should exist entirely without conditions.

However, although Free Speech shouldn’t come with any conditions, there is at least one caveat that must be made explicit and its implications understood. So what’s the caveat?

Well, when someone exercises their right to Free Speech, they might say something which someone else could consider distasteful, or objectionable. And maybe even someone might find something that someone says to be downright offensive.

So, this begs the question … what’s to be done in this instance? Not much I would say.

This is just the downside of Free Speech - the price we have to pay.

Free Speech is therefore not free in the sense that it’s not without cost.

There is a cost involved. The freedom of one person saying exactly whatever he, or she, wants, comes at the cost of someone else having to hear something they might not like.

But really though, any of us who has lived in this world for any length of time will know that there is nothing in this world that is entirely free.

This caveat is perhaps somewhat unfortunate, but as far as I can see, it’s unavoidable.

Being an advocate of Free Speech means that I am beholden to defend the right of any individual to say whatever he or she wants without any restrictions placed upon them, even though I might not like what he, or she, says.

To my way of thinking, the notion of Free Speech necessarily trumps any distaste, or disapproval that I might have for what someone might say.

To sweeten the bitterness, perhaps we should consider that their freedoms are synonymous with our freedoms. Their freedom to say whatever they want corresponds to our freedom to say whatever we want. We should then, I would suggest, take the view that we have to tolerate such things in others in order to preserve our own rights.

The other thing to say about this is that while everyone of us has the right to say exactly what we want, we perhaps should have some kind of awareness of the impact our words have. We should perhaps consider the sensibilities of others.

I have a proposal with regard to Parliament, the building itself and what should go on in there.

I think that the present Houses of Parliament, the Parliament building should be kept intact and opened as a museum – open to the public with free admission.

I propose an entirely new Parliament building be built in Hyde Park next to Speaker’s Corner – the bastion of Free Speech.

Maybe it should be called the General Assembly.

The main assembly hall of the building should be a C shaped design.

As for what happens in this new Parliament, the General Assembly. ….

There will be no Government – at least not as we know it nowadays.
The General Assembly itself will be the Government. It will be the ruling body.
All the Members of the General Assembly will be considered as being equal in status.
There will be no head of state, no Prime Minister, or President.
There will be no second chamber.
There will be no political parties.
All political parties will be banned.
Likewise, there will be no interest groups, or lobbyists allowed. Lobbying will be outlawed.

Members of the General Assembly will independent individuals, drawn from local communities who represent the interests of the people in that constituency. They will probably be people who are intelligent, honest, rounded, mature and well regarded, well respected in the community. They will act out of a sense of duty. They wish to serve their community and country to the best of their abilities.

They will need to sign a contract before becoming Members of the General Assembly. They must be made aware that if they do anything untoward, they will be prosecuted according to the terms of the contract. Punishments for transgressions will be severe, including life imprisonment.

Given the constraints placed upon them, it will perhaps be a job few people would be willing, or able to do.

Members of the General Assembly will have to be properly paid. They need to be recompensed for the sacrifices they will have made.

Members of the General Assembly will be entirely independent - free to vote on the issue put before General Assembly as they wish. They will vote according to their conscience.

Important issues will be properly and thoroughly debated in the General Assembly. Experts will be brought in to inform the General Assembly about all aspects of that issue. Each member of the assembly will then vote on the issue at hand. Laws will be enacted by majority decision.

All debates must be viewable by the public – so a channel should be devoted to this. Each and every debate had can therefore be then watched if people so wish. Everything will be totally transparent.

Each member of the General Assembly will based in London and have a counterpart who is based in the region whose role is to concern himself or herself with local issues.

Anyway, these are the bare bones of the matter. The finer details can be worked out at a later stage.

I will expand on this in the series I’m doing entitled, “Forgin

I love the Houses of Parliament in London – the actual building itself that is. It’s a truly beautiful bit of architecture.

As for the people within … the Members of Parliament, I regard them in less a positive way.

For me, they are simply actors performing for an audience. To my mind, Parliament is just a place of drama – much like a theatre. The production being performed is a modern interpretation of the Ancient, Greek play “Democracy”. Britain purports to be Democracy, but in truth, it’s just a sorry simulacrum.

To evidence this, we see a big brouhaha in the press and the corridors of power when a handful of MPs deign to ignore the Party Whip and vote against their own party and the prevailing government when a bill is presented and balloted. This action is portrayed as something calamitous, but, in actual fact, the MPs are only exercising their Democratic right to vote howsoever they wish. Some MPs - those of weaker constitutions - of course abstain. They are not brave enough to overtly stand in opposition to a proposed bill and so they take the less difficult course of action. Following the party line is in my opinion, a sure sign of weakness. Most MPs are pathetic creatures with weak constitutions and little by way of any integrity.

Suffice to say, the whole idea of a Party Whip is, to my mind, obnoxious. And it’s bullying, pure and simple. It certainly can not be considered as Democracy in action. If I had my way, the Party Whip should be brought out into the green outside of the Houses of Parliament and publicly flogged. This, of course, is just me being fanciful and indulging my imagination as I don’t advocate violence, but it should show where I stand on the matter.

Returning to the idea of it being a performance … viewed in the way I have described, the purpose of the play is to entertain. I regard the play as something of a Pantomime. The Houses of Parliament should perhaps be renamed Houses of Pantomime. You only have to listen in to a Prime Minister’s Question Time session to understand what I mean.

The Members of Parliament then, are all actors and each have their allotted role to play. The principal actors are the PM and the cabinet. Facing them is the “Opposition” – the leader of the Opposition and the Shadow Cabinet. Then there is the Speaker of the House. They are the main protagonists. The Back Benchers are the extras and they are there to play their supporting roles.

What we have currently in essence amounts to a two-party system. We need only consider the almost farcical state of affairs when those MPs who were in opposition prior to an election, have to swap sides in the chambers of parliament following an election victory and their party forms a government. It’s really not that dissimilar to a change in acts in the course of a play. Democracy be damned when you have a two-party system.

I said some moments ago that the purpose of the play is to entertain. However, to my way of thinking, the real purpose of the

I’ve done three videos recently about crimes and punishments. This video accompanies those videos, however the focus of this video is on identifying who our Overlords are.

Before I name names, I want to make a couple of points.

Firstly, as I hope I made clear in the other video, entitled “Nurembourg Trails 2.0”, that these people should be subject to the rule of law - by which I mean formal enquiries into their behaviour be made, appropriate investigations done, then they should be indicted if necessary, formally charged with crimes if it’s judged that they have indeed committed any crimes, and then, they should face trial in court of law, prosecuted for any crimes that they might have committed. And then, if they are found guilty, they should be sentenced.

To my way of thinking it’s absolutely essential that the rule of law be properly adhered to. Not only must Justice be done in a correct manner, it has to be seen to be carried out in a correct manner. There can be no hint of any impropriety because the trials conducted can not be dismissed as being “show trials”.

Secondly, I wish to say that, in the videos that I do, I’m simply expressing my personal opinions as, I believe, it is my right so to do. I’m an advocate of Free Speech. And Free Speech should be exactly that … free. Put in plain and simple language … Each and every one of us should be free to say exactly what he, or she wants - no matter what. I therefore believe that I’m entitled to say whatsoever I wish.

I’m also of the opinion that Free Speech should be considered as a basic human right. And I’m exercising those rights in these videos despite any moves made by our Overlords to curb Free Speech. I’m going to re-upload a couple of videos I did on Free Speech and Censorship in due course.

Those two things said … who do I consider to be a part of the group that I refer to in my videos as our Overlords (… at least those residing in Britain)?

I would say King Charles III and other high-ranking members of the Royal family … as well as the top officials that serve them … so for instance people in the Palace PR department. I do not include the low-level staff employed in the palaces and so forth, who do the cooking and keep the place clean etc. etc. They are just ordinary servants and, to my mind, are not culpable.

In my opinion, the list should also include the puppet politicians who have done the bidding of our puppet master Overlords. Top of the list will be the all the Prime Ministers of the UK. So, to list them in order starting from the most recent and going back in time … Richie Sunak, Lizz Truss, Boris Johnson, Theresa May, David Cameron, Gordon Brown, Tony Blair and John Major.

I would also include all members of every Governmental Cabinet, past and present – especially the Home Secretaries and Treasury Secretaries. I would include all the people from both Chambers … so all Members of Parliament, past and present and all the members of the House of Lords, past and pres

In this video I want to put forward my views on what I think should happen to our Overlords as regards their punishment – assuming, of course, that the proper legal procedure has been followed; that they’ve been tried and found guilty etc etc.

I should at this juncture say that this video is closely connected to the first video I did in this mini-series entitled, “the Nuremberg trials 2.0”. So, if you haven’t watched that, I recommend you doing so before watching this one.

In short, in that video I talked briefly about following the rule of law, the trials and then I set out the bones of my argument against Capital punishment, the death penalty.

Anyway … In my opinion, life imprisonment would be a better form of punishment than the death penalty for these evil fucking cunts who have ruled over us for so long

I realise that some listening might summarily dismiss life imprisonment as being an option, because to them, it might seem to be too lenient a form of punishment … but to them I say … I ask only that you hear me out. And besides, this is also a very short video …

So, without further ado … let’s get into it.

I should say straight away, that life should mean life. This means they would be in prison for the rest of their natural lives. Given the serious nature of the allegations made against them, they should have no possibility of parole whatsoever.

What’s more, I think that they should be held in solitary confinement with absolutely no interaction with other people.

I’m sure that a prison can be designed which allows this to be done – maybe something circular with a courtyard in the centre and doors leading out from the cells into an exercise courtyard.

They should be allowed out of their cells for one hour out of every 24 hours – again without interacting with any other inmates, or prison guards.

Their cells are cleaned once a day when they are out doing exercise.

They should be subject to surveillance 24 / 7 and they should be put in padded cells - both measures to guard against any of them committing suicide.

They should receive basic food and basic health care – enough to keep them alive, but no more.

By the same token, no little luxuries should be allowed – so, no TVs, no books, no pictures. Just a bare cell with a bed and mattress and a toilet and a hand basin … absolutely nothing else.

Needless to say, perhaps, but it would be a maximum-security prison.

I would also suggest that the prison be located on some remote island. Something akin to Robin Island where Nelson Mandela was held.

I think it’s important for them to be held separately from the rest of humanity – as far away as is possible.

Tristan da Cunha is an island and is apparently the most remote island in the world. 2787 kilometers from Cape Town, South Africa.

It’s about 98 square kilometers. So, it’s plenty big enough for a prison complex.

Going back to what I was talking about earlier, at the start of the video …

Maybe life imprisonment might seem like a soft option as compared to the death penalty, but I would suggest otherwise …

Maybe their spending the rest of their natural lives in jail satisfies both the higher aspects of our human nature and also the baser aspects. By which I mean that we can maybe feel good about not killing them and, at the same time, maybe the baser, more animalistic aspects of our natures can gain some degree of satisfaction from knowing that each and every day they are suffering.

As I said in the first video in this mini-series, hanging is, obviously, a one-off event. never to be repeated. And once they’re dead, they’re dead.

What’s more, maybe death by hanging is altogether too quick. At least with life imprisonment they are forced suffer every minute of every day.

I’m aware that life imprisonment might not satisfy everyone, but it would be impossible to satisfy all the diverse views and desires that people might have on the matter.

Wise up and rise up.

The Tyburn gallows at Marble Arch (at the top end of present day Oxford Street in central London) were last used on the 3rd November 1783, when John Austin, a highwayman, was hanged.

From that time forwards, up until 1868, hangings took place outside Newgate prison which is located at the present day Old Bailey within the boundaries of the small “city state” that goes by the name of the “City of London” - nowadays it masquerades as a local authority in central London.

As an aside … Newgate was one of seven gateways into the City of London - a western entrance though the old Roman wall surrounding the City of London. From the 12th Century, Newgate was used as a goal and the complex was later developed, turning it into Newgate prison.

Back to hangings … Fast forward to the 20th Century … The last people executed in Britain were Peter Allen and Gwynne Evans. They had both been convicted of murder and were sentenced to death. The sentencing was carried out on the 13th August 1964. They were then hung on gallows at separate prisons in Manchester and in Liverpool. I should say that the hangings were not carried out in public.

In 1965, the death penalty in Britain was suspended for five years and then in 1969 that suspension was made permanent. However, it was not until 1998 that the death penalty in Britain was abolished for all crimes.

But why am I talking about such things? Well, my guess is that we might see a reversal of this ruling. So, Capital Punishment, the Death Penalty might be reinstated.

Moreover, I think that it’s also possible that new set of gallows may be built at Tyburn to stage the public hangings. The reason I’ve chosen Tyburn is because this was traditionally where traitors were executed.

So, who will be hung?

Our Overlords … at least those residing in Britain … I’ve made a separate video listing a few of the people that in my opinion should, at the very least, be subject to some form of investigation. So, I won’t name names here.

Anyway, back to hangings again … In the 18th Century the condemned people were taken from Newgate prison, taken up Tyburn Road (present day Oxford Street) and then hung.

The hangings were quite a popular spectacle, drawing big crowds.

I’m inclined to think that perhaps something similar will occur again and we will see some very public hangings.

I don’t condone violence and I’m against the death penalty for a number of different reasons. For those of you who are interested, I’ve done three other videos to accompany this video entitled, “the Nuremberg trials 2.0.” where I talked briefly about the trials and following the rule of law, and then in another video entitled, “Capital Punishment” I set out the bones of my argument against the death penalty and there’s another video, entitled “Tristan da Cunha” where I suggest what should happen instead of the death penalty.

This video is a follow on from the previous video entitled, “Nuremburg 2.0”.

In this video I want to put forward my views on what I think should (or rather shouldn’t) happen to our Overlords as regards their punishment.

Let’s, for the sake of this discourse, assume that the proper procedure has been followed as I outlined in the previous video.

Let’s also assume that they have indeed committed the most heinous of crimes against humanity.

How then should they be punished? What punishment would you say fits the crime?

I think I’m right in saying that capital punishment, the death penalty, is regarded as being the ultimate penalty. Should they then be put to death – be that by hanging, or by the electric chair, or by lethal injection?

I dare say that when the time comes, many people would probably be in support of such a measure – no matter what mode of death.

I, however, am not one of those people.

I do, of course, think that they should be punished. And while I do also think they deserve to die assuming they have done what I think they’ve done, I don’t actually think that they should be put to death because I’m not an advocate of capital punishment.

I’m against the death penalty for a number of different reasons which I shall outline here.

Firstly, I think it’s a barbarity which belongs to a bygone age. And, rightly or wrongly, I like to think of myself as being somewhat civilised – not a barbarian.

Secondly, I’m against it because essentially, it’s murder and, at the end of the day, murder is murder – whether it’s done by some sick and twisted individual in society with no morals, or empathy for others and their suffering, or whether it’s state sanctioned murder.

I believe that murder is not just morally wrong, murder is a crime no matter who does it. And so, by sanctioning capital punishment, we as a society, would basically be committing a crime ourselves. Moreover, we would all share some of that guilt. There would be a bit of blood on all of our hands. I, for one, don’t want any blood on my hands. Hence, my making this video.

Thirdly, isn’t murder what they have been accused of? (Assuming, of course, that it turns out to be true that they’ve done what it’s believed that they’ve done with regard to the so-called vaccines in particular, i.e. murdering many millions of people.)

And so, isn’t that exactly what we abhor about them?

And wouldn’t it therefore be hypocritical of us to then murder them?

Therefore, to deliver the death penalty as a method of punishment, is to do what they allegedly have done. And I myself, do want to be like them in any way, shape, or form. Nor do I want to be a hypocrite.

My thoughts are that we shouldn’t descend to their level. In fact, it’s better that we don’t. Overall, I believe it’s better that we try to act in accord with the higher aspects of our being than the baser aspects of our being. So, we should try to do the decent thing.

At this juncture, I would like to say that there strikes me

In this video and the next I want to put forward my views on what I think should happen to our Overlords.

Let’s, for the sake of this discourse, assume that the accusations that have been made against our Overlords are actually valid – I guess that this is not such a stretch of the imagination for some of us.

Let’s also assume that the proper procedure has been followed by which I mean; that formal enquiries into their behaviour were made by the Crime Prosecution Service; that the Police were subsequently instructed to carry out the appropriate investigations; (I dare say that given the serious nature of the accusations made against them, most of our Overlords would have already been apprehended by this time and so, would already be in custody) and that then, following those investigations, there was evidence enough against them to result in their being indicted; so, they were then formally charged with whatever crimes it’s judged that they were believed to have committed, and then, they were prosecuted for those crimes. And then, they were tried in a court of law and, if they were found guilty (having crossed the required threshold of proof being beyond any reasonable doubt), then, they were duly sentenced.

As I’m sure all of you listening to this are already aware the above trial has been colloquially termed, Nuremberg 2.0.

I should say that, to my way of thinking, these people should be subject to the rule of law. Moreover, for me, it’s absolutely essential that the rule of law be properly adhered to. Not only must Justice be done in a correct manner, it has to be seen to be carried out in a correct manner. As far as I’m concerned, there can be no hint of any impropriety because the trials conducted can not be dismissed as being “show trials”.

In the next video I will talk about what punishment they should (or rather shouldn’t) receive.

Wise up and rise up

For those of you who are interested … I’ve uploaded an article on my Substack Channel “the Alt Economist” about notions of value and worth, focusing on currencies and how currencies are used as the means by which we measure and ascribe value.

I’ve also looked at issues that can arise with currencies which can cause things to go awry.

Wise up and rise up.

In one of his recent Podcasts, entitled, “Painful”, released on his Substack Channel “Aether Pirates of the Matterium”, Clif High talks about Central Banking being a grift (for those of you who want to go to the source material, it’s around 29 minutes into the audio).

I’m in agreement with that. I’ve been saying something similar for a fairly long time.

Just over two years ago, in January 2022, I released a video entitled, “Central Banking is a Complete Con”.

Also, I did a whole series on Central Banking released in the beginning in February 2022 focusing on the Bank of England which, although it wasn’t the first Central Bank to have existed, was the template for which the all Central banks were based.

I’m also in agreement with another commentator Greg Mannarino on Trader’s Choice on YouTube when he says they’re “Public enemy number 1”.

As I’ve said in many of my videos, Central Banks are, in my opinion, the scourge of our societies. As far as I can see, they need not and should not exist. Indeed, I think that that the world would be so much, much better off without them.

The FED has been in existence since 1913 … so for 110 years. That’s a pretty big grift. But the Central Bank in my country, the Bank of England, has been in existence since 1694 … that’s 330 years - which is three times as long. I think that it probably has to qualify as being one of the biggest grifts in human history.

Anyway, “End the FED” should, in my opinion, be our clarion call. Once the FED is gone, the rest of the Central Banks will go to in relatively short order … including the Bank of England.

As far as I’m concerned, they’ve had their way for far too fucking long. And it’s time to do away with Central Banks and bring all those who own and operate them, those evil, crafty, mother fucking cunts, as well as their lackies in Governments, the traitorous mother fucking whores who are supposed to represent we the people … it’s time to bring them all to justice. I plan to do another video connected to this shortly.

I’ve used strong language here and added some fervour to my words to give an indication of the level of my loathing for these people. Safe to say that I despise these people with every fibre of my being.

Why? Because these people. Our Overlords, are the ones to blame for the shitty situation we find ourselves in.

I’m sure the people listening to this audio are already aware, but I’ll say what I say next anyway in case some in the audience is unaware … we are at war. But this is a war like no other – it’s an information war. And words are the weapons being used.

The sooner everyone recognises this, the better.

Bringing them to justice really shouldn’t be such a difficult thing to do. It actually only requires enough people to be aware of what they’ve been up to - maybe only as little as 10% of the population of any country - then the body politic will act as I think they should.

Moreover, if the percentage were higher, if the vast majority of peo

The FED has a facility which is called the Bank Term Funding Program (the BTFP)

The BTFP is lending facility offered to the banks which allows banks to borrow money from the FED using the Bonds they own as collateral. The loans made are only short-term - lasting less than a year.

The Banks started to use this facility in a big way from March 2023.

There is a chart you can look at which shows the situation very clearly. Simply type “Bank Term Funding Program FRED chart” into a search engine. The chart criteria can be narrowed down to a year.

Why did Banks suddenly need to start using this facility? In short, because the Banks were in distress.

Why were they in distress? Well, because the recent round of FED rate hikes, starting back in Spring 2022, has caused significant, on-going problems for the banks.

In the past, banks bought a lot of US Bonds.

When interest rates rose, the market value of the Bonds held by banks on their books became lower. Their Bonds came to be worth less than they were when interest rates were low. This has meant that the value of their assets has declined. These are known as “unrealized loses” or “paper loses”.

We can say that the rising interest rates put the Banks under considerable financial pressure because they’re sitting on huge unrealised, paper losses as regards their Bond holdings.

It could be argued though that this needn’t be a big problem provided the banks hold the Bonds to term, because when the Bond reaches its maturity date, the Government pays out the amount owed – the par value of the Bond in technical jargon. So, perhaps no big deal.

But, what if the bank needs to raise cash all of a sudden … for whatever reason … maybe if there’s a bank run?

To raise funds, they would have to sell assets which would include the lower valued Bonds. And this would turn the unrealized paper losses into actual losses.

So basically, the banks found themselves in trouble and they’ve been thrown a lifeline by the FED.

I should say that although the BTFP was an emergency measure, I’m not sure it can be classed as a “Bailout” because it’s more of a loan. The money the banks have got has to be paid back.

Anyway, it’s important to bear in mind that last year there were a number of Bank Failures – Silvergate Bank, Silicon Valley Bank and Signature Bank went under. First Republic Bank which also got into trouble was bought up by JP Morgan Chase.

There were concerns that other Banks would go under also.

And because of the bank failures, the situation was such, that any rumours about a bank being in trouble were enough to precipitate a run on that Bank. In the parlance … there were fears about “contagion” – precipitating an even bigger crisis.

The BTFP was therefore used to shore up the banks and prevent contagion.

And, it would seem as if they’ve successfully contained the situation thus far.

Be that as it may, people have been getting their money out of banks and putting it elsewhere … into Money Market Funds.

In a recent interview on Arcadia Economics entitled, “We’re heading to an event that forces the FEDs hand” Bill Holter said,

“The US is going to default either by non-payment, or they’re going to blow the Money Supply up another twofold, fivefold, tenfold. They’re going to destroy the currency itself.”

He’s talking about the National Debt in the US and a forthcoming Currency Crisis with the Dollar.

I’ve been saying something similar for an awfully long time - at least two years.

I’ve said that the Government in cahoots with the FED are going to Monetize the Debt. If anyone listening doesn’t understand what I mean when I say monetize the debt, it means they want to render the Debt redundant by means of Hyperinflation.

Hyperinflation is obviously a more extreme version of Inflation. Hyperinflation is defined by Steve Hanke, Professor of Applied Economics at John Hopkins University as being an inflation rate of more than 50% per month sustained over a number of months.

If anyone’s interested, I’ve done a video saying more about the difference between Inflation and Hyperinflation.

According to Austrian School Economics, Inflation is primarily caused by an increase in the Money Supply.

The Quantity Theory of Money, is an Economic theory that was formulated by Copernicus in the 16th Century, and which argues that prices of goods and services in an economy are proportionate to the amount of currency in an economy – aka the Money Supply.

So, if a great deal of currency is added into the system, then prices will rise in direct accord – assuming ceteris paribus – that everything else remains constant. Et voila, we have inflation.

The inflation that the citizens of America are experiencing with now is a direct result of the massive amount of currency creation that occurred during the Pandemic.

Anyway, the process we’re concerned with here in this video - the debasement of Fiat Currency, the movement from Inflation to Hyperinflation - happens relatively slowly, over a period of decades, but nearing the end phase, things start to speed up. That’s the time when those in charge of currency creation start to increase the Money Supply in an exponential fashion and … low and behold … this is what we’ve seen.

There’s a chart you might want to look at. Those of you who are more visually orientated might appreciate this. Type “FRED M1 Money Supply chart” into a search engine and take a look. The line chart you will see is a classic Hockey stick shaped chart. Notice that the source is the “Board of Governors of the Federal Reserve System”, so it’s not me just fabricating stuff.

And I dare say that this is only what they are acknowledging at an official level. There is most likely other stuff they have not made public.

Also, if you change the search criteria slightly to get the “FRED M2 Money Supply chart”, then you will the see a somewhat different chart – there is a rise, but it’s not anywhere near as dramatic as the M1 chart. Be advised that, of course, our Overlords would rather you to focus on the M2 chart because it doesn’t look quite so bad. But fuck them and fuck what they want.

As a side note … this information is put out into the public domain, so it’s available for all to see, but you’ve just got to know where to look. Conspiracy Theorists would probably say that the information is “hidden in plain sight”.

The final phase of the process is when they create truly monumental amounts of currency. They do this in order to guarantee that inflation turns into hyperinflation. All this is done by design. So, I think that very soon, they’re going to start to move us from the relatively low-level inflation we have now, to levels inflation of synonymous with hyperinflation.

As regards the National Debt … the Debt gets repaid, but with currency that is, to all intents and purposes, worthless. So, it could be argued that technically, it’s not a debt default.

I differ from Bill in that he says that there are two options. He says they might default by “non-payment”. But I don’t think that’s an option that they will take. In history, Governments facing a similar situation have typically gone down the Debt Monetisation route. Plus, I think I’m right in saying that there’s a law written in the US Constitution forbidding the Government from defaulting on the debt by means of declaring insolvency, or bankruptcy.

Anyway, as I’ve said in many of my videos, “Hyperinflation is where we’re headed”. I’ve done a couple of videos about the Hyperinflationary event in the Weimar Republic, as well as one about a lessor-known event in Hungary circa 1946. I did these in order to show real world examples of what is most likely occur.

And then after the Hyperinflationary event, our Overlords hope to restart the system, but this time, because we live in a technological age, their intention is to introduce CBDCs. I’ve done a whole mini-series on CBDCs for anyone whose interested in finding out more about the Dystopia that they

It would seem that the US National Debt clock website “US Debt clock.org” has a new look.

There’s an image overlaying and obscuring the view of the stats.

On the left hand side of the image is the face of Klaus Schwab, executive Chairman of the World Economic Forum, (the WEF). Next to him, to the left of his face, there’s image of a paper currency bank note which has as its title, “World Debt Security”.

On the right hand side of the image is the face of George Washington, the 1st President of the US. Next to him, to the right of his face, there’s image of a paper currency bank note called “Debt free currency”. The face of John F. Kennedy … the 35th President of the US, is in the centre of the note.

Whoever created this image deserves a medal of some sort.

There’s a saying “a picture is worth a thousand words”. And that is definitely true in this case.

However, I use words rather than images … so in light of this I would say to you that the Dollar is not just a means of transacting, a medium of exchange enabling the buying and selling goods and services, it’s a “Debt instrument”. I should also say that we live in a debt-based system.

Wise up and rise up.

If you want some good technical analysis of the situation in the Gold market for 2023 and 2024, then I refer you to a video on the YouTube channel Kinesis Money “Live from the Vault” Episode 155, entitled, “2024 reveals a Gold Bear Trap” featuring the very brilliant Andrew Macguire.

It’s a long and highly technical video in which he uses a lot of industry jargon, but occasionally, he expresses things in plain terms which is comprehensible to us ordinary folk.

In this video I will give you a number of quotes from the video that I think are easy to understand and worthwhile.

He reminded the audience that Gold was reclassified as a 1st tier asset in 2023. And he said “Gold is money.” If you want to understand what he means by this, I’ve done two videos entitled, “Money” and “Money v Currencies”. These two videos should give you an idea of how important such a seemingly simple statement actually is.

Andrew talked about the rising price of Gold … he said that “the story is about Dollar debasement as benchmarked against Gold - not Gold rising in price at all. This year’s estimates for how many Dollars it will take to buy the same amount of Gold have been grossly underestimated.”

I agree with this. As I’ve said in many, many of my videos, we’re in the midst of a Currency Crisis. The Dollar, along with all the other major currencies of the world are failing. They are being deliberately debased or devalued … whatever terms you want to use.

I did a video entitled “The Dollar v other currencies – a basket of rotten apples” where I looked at the difference between relative values and real values of currencies and I also compared the currencies to Gold – referring to Gold as the best measuring device for currencies that we have.

The other thing to say in relation to this issue is that us ordinary folk experience this debasement of currencies as inflation. Moreover, people usually think of inflation in terms of rising prices, but I think that it’s a mistake to think of inflation in this way. I refer to you two separate videos that I’ve done entitled, “Inflation – “Rising prices” v “Purchasing Power” and “Purchasing Power of currencies – weight-lifter analogy” which I obviously recommend watching.

Near the end of the video, Andrew says, “2024 brings forward a major inflection point in how Gold measured in all fiat currencies will be priced.”

I agree with this statement also. The Dollar, along with all the other major currencies of the world, are fiat currencies and all Fiat Currencies have limited lifespans. The Dollar and all the other major currencies of the world are in the end phases of the of their lives. I’ve done a video about “Fiat Currencies” if you want to find out more.

Later on in the video, Andrew said, “There will come a time when no amount of Dollars will actually buy an ounce of Gold. Think of the wheelbarrows of printed Deutschemarks it took to buy a loaf of bread.” He’s referring to the Hyperinflationary event that took place in th

I would like to offer my apologies to all my subscribers and anyone else who cares to listen to these videos on a regular basis…

For the next few weeks, I might not be able to upload the number of videos I’ve done in the past.

I’m focusing on a couple of projects which will take up any spare time I might have had to do these videos.

In addition, I’m doing my best to prepare for the coming systemic collapse.

Plus, I’m also having to deal with some technical problems which I won’t bore you with.

Not to mention that I also have a full time job.

All these things will mean that I won’t be able to produce and upload as many videos as I would like.

I wish I could devote myself full time to this endeavour, but that is, alas, not possible.

The timing is unfortunate especially as we’ve entered a very turbulent period.

That said, I’m working on some videos which I hope to upload before March.

Anyway, I hope to resume normal operations at some point in the future.

Prior to its maiden voyage in April 1912, the Titanic was considered to be an unsinkable ship. That notion turned out to be erroneous, founded on a fallacy.

So to with the Dollar and all the other financial devices associated with the US Empire.

US Bonds, for example, have been considered by investors as being the safest assets in the world to invest in in the modern era. But, in the not-too-distant future, they will, I believe, turn out to be not so safe as previously believed. Indeed, I think that they will soon be considered as being such high-risk investments that the US will struggle to find any investors to fund any programmes dreamed up by any US Administration.

I should perhaps add that I think that this course of events will play out unless there are drastic changes in how the US is governed. But as far as I’m concerned, that’s highly unlikely to happen. So, for me it’s something of a mute point …

I did a video in August last year entitled, “USA Corp downgraded” in which I said “The USA will not just come to look a lot like Argentina, but will surpass Argentina in terms of creditworthiness or rather lack thereof.” I still stand by what I said back then.

Staying with the analogy of the Titanic … Gold and Silver are the lifeboats. And while it’s probably true to say that buying Gold is beyond the budget of a great many of us ordinary folk, (so something perhaps only for the wealthier members of society … “the 1st class passengers”) Silver is a whole lot more affordable. And given the current suppressed prices, most people should be able to buy some Silver – and some is better than none … in my personal opinion at any rate. In some respects, therefore we should perhaps be thankful for the manipulation of the precious metals markets that’s still in operation.

By the way, I should, at this juncture, say … as I’ve said in other videos before … that I’m not offering financial advice here. What I say amounts to an opinion. I could well be wrong about all that I’ve said and all the predictions I’ve made. So, don’t just take my word for any of what I speak about. You need to do your own due diligence on these matters. Don’t base what you do on what I’ve said without having done your own research and without having considered things very carefully.

One other thing to say … if all this stuff I’m talking about is entirely new to you, and you do decide to start thinking about such things in a serious way, you might want to get up to speed ASAP - make haste my friend, make haste. Because I don’t think we have much time before we have a systemic collapse.

Anyway, back to our analogy … lifeboats are available for “the steerage class” on this occasion, at this point in time.

However, there is another important point to be made. The number of lifeboats on board the Titanic was very limited. Something similar can be said about precious metals. The amount of above ground precious metals in the world is actually infinitesimally small in comparis

In a recent interview for Arcadia Economics entitled, “the Corporate and Treasury Bond Bubbles are bursting”, Jim Willie said, “We’re going to have a massive Credit Crisis, Bond crisis, Bank Crisis all rolled into one - Bank Bond and US Govt debt”

I’ve talked about this kind of thing also although I’ve used slightly different terms namely … a Debt Disaster, Bond Bomb but I have talked about a Banking Crisis. So it seems that we’re in accord with these things.

He didn’t explicitly mention a Currency Crisis as I have in my videos although, he did talk about the Dollar’s demise as the video went along and explained how it might come about.

One thing I found particularly interesting is that 12 minutes into the video he started to talk about the interest rates cuts that the FED was planning for 2024 … “And Powell announced that he’s going to do three cuts … I don’t think they’ll do three. After they do one, they’re going to get a different problem … I don’t think they’ll do a second cut”. He went on to talk about “a Bond risk” which would cause them to stop lowering rates.

I said something similar in a video I released on the 19th December about the Reverse Repo Facility saying that the FED might have intentions to cut rates, but because of the problem with Bonds they might not manage it to do it.

To quote what I said in the video …
“I think it’s important to factor in Bonds.

Interest rates and Bond yields are closely connected. What happens to one, affects the other.
They don’t rise or fall in unison, but they’re closely correlated.

China and other countries have been off-loading their US Bond holdings for a while now because US Bonds are looking increasing less attractive to investors. The sell off will lower demand and therefore prices. The sell-off will continue and accelerate as it gathers momentum.

This has been putting downward pressure on prices and upward pressure on yields – because for Bonds, prices and yields are inversely correlated.

A lot depends on the sequence of events – what happens when.

Maybe in the short term, the FED can keep buying the Bonds to keep yields low and maybe this will enable Powell to Pivot.

But further on in the future – I don’t know when – maybe only a matter of mere months - ultimately, market forces will overwhelm the FED. The FED has a lot of power, but doesn’t have unlimited power. Market forces are far stronger than the FED. The FED will lose this Battle Royale and Bond yields will go up.

An important thing to consider is that Bonds are basically Government debt and they also represent the “credibility” and “creditworthiness” of a Government.£

So it seems that Jim Willie and I are more or less in accord on this point also.

We shall see what happens though. By the end of the year we know if we were wrong or right.

In terms of timings … he said “June or earlier”.

And I agree – it would seem it’s going to be sometime in the first half of the year. March is my guess because of the emptying of t

I did a couple of videos recently about the FED’s Reverse Repo facility in which I said that it’s been used by the FED to soak up the excess currency in the system in order to prevent inflation getting higher than it has been. (At least until out Overlords deem the time is right to unleash a second wave on inflation on the population).

There is however, another reason the FED is operating the Reverse Repo facility which I should have talked about … and that is … it’s been helping out distressed banks. So basically, the banks are getting help with an overnight funding facility - bailed out in secret.

It would seem that they’re doing this in secret and are reluctant to call it a Bailout because of public sentiment on the subject of bailouts - as a result of what occurred in the 2007 / 2008 Financial Crisis. Our Overlords are concerned about the backlash they might suffer if they were to make it known publicly and call what they are doing a bailout and perhaps with good reason.

Anyway, what’s the situation? What’s been going on?
Well, the recent round of FED rate hikes, starting back in Spring 2022, has caused significant problems for the banks.

In the past, banks bought a lot of US Bonds.

When interest rates rose, the market value of the Bonds held by banks on their books became lower. Their Bonds came to be worth less than they were when interest rates were low. This has meant that the value of their assets has declined. These are known as “unrealized loses” or “paper loses”.

We can say that the rising interest rates put the Banks under considerable financial pressure because they’re sitting on huge unrealised, paper losses as regards their Bond holdings.

It could be argued though that this needn’t be a big problem provided the banks hold the Bonds to term, because when the Bond reaches its maturity date, the Government pays out the amount owed – the par value of the Bond in technical jagon. So, perhaps no big deal.

But, what if the bank needs to raise cash all of a sudden … for whatever reason … maybe if there’s a bank run?

To raise funds, they would have to sell assets which would include the lower valued Bonds. And this would turn the unrealized paper losses into actual losses.

Let’s now consider the situation in relation to the Reverse Repo Facility …

As I said in the other videos, the issue we need to consider is that the Reverse Repo Facility has been emptying of late.

Timings are always tricky, but Rafi Farber thinks that, judging by the current rate of drainage from this facility, we have a relatively short time before it empties – possibly only a couple of months. So, we’re looking at maybe March of this year.

When the Reverse Repo Facility is empty, the banks might well have no option, but to sell the Bonds at market value. This is called “mark to Market” in technical jargon. And they won’t get a good price for them. They will be sold well “below par” to use some more technical jargon.

As I said, that’s when the unreali

In his most recent couple of Podcasts released on his Substack Channel “Aether Pirates of the Matterium”, Clif High talks about Hyperinflation and a Crack up Boom.

I’ve been saying something similar for a long time.

In many of my videos I’ve said “Hyperinflation is where we’re headed”. I’ve done a couple of videos about the Hyperinflationary event in the Weimar Republic circa 1923, as well as one about a lessor known event in Hungary circa 1946. I did these in order to show real world examples of what is most likely occur.

As I’ve also said many, many, many times before… we’re in the midst of a Currency Crisis. And will be a crisis of monumental proportions … maybe the biggest in the whole of human history.

Basically, it will affect every part of the world where the Dollar is being used as a currency - so places like America obviously, but there are 11 countries which use the Dollar as it’s official currency, like Ecuador, Puerto Rico and El Salvador. There are also places like Panama, Argentina, Cambodia and Vietnam which use the Dollar as a de facto second currency – where the Dollar is widely accepted. There are in fact over 60 countries that have pegged their currencies to the Dollar. So, the issue concerns every country whose currency is closely linked to the Dollar – however that might be.

But that’s not the extent of it. It’s not just the Dollar that will be in trouble. All major currencies of the world are “fiat currencies” just like the Dollar and they will die also when the Dollar dies. So, it will affect the vast majority of people on the planet.

Clif talked about the FED lowering interest rates and also money printing. I’ve talked about this also. The upcoming U-turn the FED will do regarding rates …. The lowering of interest rates been dubbed “the Powell Pivot” and used by the Main Stream Media and the Alternative media alike. And the FED will also reverse course with regard to Quantative Tightening and engage in Quantative Easing. QE to infinity.

Clif made it sound as if our Overlords were incompetent. I would however disagree with him on this point. It’s my contention that our Overlords are entirely aware of what is happening and it’s their intention to cause currencies to Hyperinflate. So, I believe that they’re “playing dumb” and whatever is happening is being done deliberately. I think they intend to “monetise the debt” and then restart the system in a way which benefits them more. This is “the Great Reset” as imagined by the WEF and others.

Gregory Mannarino of Trader’s Choice on YouTube, holds similar opinions to me … that everything is being done deliberately. He often says that “Central banks intend fulfill their end goal … to buy it all … to be the buyers and lenders of last resort. They will do all they can to pull cash from the future into the now.” Or words to that effect.

I don’t know why Clif thinks they are incompetent. I find it surprising … but anyway.

In terms of Economic issues, besides the colossal

If you want to gain a good understanding of what the FED has been doing and might be doing in the future regarding Interest rates and Inflation, then I would highly recommend watching a video on David Lin’s YouTube channel where he interviews Steve Hanke, Professor of Applied Economics at John Hopkins University. The video is entitled “FED will pivot big in 2024s Economic Tornado”.

Professor Hanke talks about the FED’s data dependency, flying blind, time-lags and the Quantity Theory of Money.

As regards the so called “Powell Pivot” concerning interest rates and also “Quantative Tightening” … When the crisis occurs, he thinks the FED will “hit the panic button” … They will pivot and start lowering rates and they will also end “Quantative Tightening” so basically, they will resort to “Quantative Easing”. This is in line with what a number of commentators in the Main Stream Media and the Alternative media are expecting and what the Stock Market has already been anticipating.

There are only thing two things that I disagree with him about.

The first point of contention is that he focuses on the CPI which in my opinion is bogus. It’s been dubbed by a number of commentators in the alternative media, “the CPLie”. I’ve done a video about this a while ago, if anyone’s interested in finding out more.

Suffice to say I’m pretty sure most people in America would agree that the CPI doesn’t reflect the lived reality of ordinary Americans when it comes to assessing inflation vis a vis the price of everyday goods.

The second point of contention for me is he said that the FED, “is sleep walking into a tornado”. I wouldn’t describe what has taken place as “sleep walking” For me, it’s all being done deliberately … by design. The reason I say this is that they have a plan in mind. They want to destroy the old system in order to bring in a new system … CBDCs and a Social Credit System etc which would give our Overlords even more control that they already have. So, basically, I believe that they know exactly what they’re doing. I’ve talked about this in a number of my videos so I won’t say anymore about it here.

Those point aside … I think Professor Hanke is a very smart man and someone, in my opinion, worth paying attention to.

Wise up and rise up.

The Federal Reserve, or the FED as it’s commonly referred to as, is the Central Bank of America and it was established over a century ago on December 23rd 1913.

So, a couple of days prior to this Christmas just gone, marked its 110th birthday.

No doubt many people listening to this video are already aware, but it’s worth saying in case someone in the audience is unaware … the FED is not a government institution. It’s actually a private corporation – a privately owned company. So, it’s not really Federal. Neither does it have any actual reserves. And it’s not even called a bank. In fact, it’s called a system.

For an in-depth look at how the FED came into being I would recommend you reading a book by G. Edward Griffin called “the Creature from Jekyll Island”. There are videos on YouTube in which G. Edward Griffin is interviewed about this also – if you’re not much of a reader.

Anyway, in historical terms, the FED is the third Central bank to have existed in the US. Before the FED, there was the First Bank of the United States (1791 to 1811) and also the Second Bank of America (1816 to 1836).

To share a personal anecdote … in 2011 I came across a documentary on YouTube about the Federal Reserve and the history of Central Banking in America entitled, “the Money Masters”. It provides an in depth look at the history of Central Banking in the US. The information it contained made my head spin. When I saw it, I began to appreciate the enormous implications. The information took me a few days to absorb. But once I had assimilated it, it altered the course of my life – no word of a lie.

I hope that any information I give in my videos has an impact on people’s lives … in a positive way of course.

Why is the focus of so many of my videos on the FED?

Well, the FED is the most important Central Bank in the world because the US is, for the time being at any rate, the most powerful country in the world.

Also, as Gregory Mannarino often says, the FED is “public enemy number one”. They’re certainly a big part of the “long con” that’s occurring.

Central Banks are, in my opinion, the scourge of our societies. They need not and should not exist. I think that that the world would be a lot better off without them.

End the FED should be our clarion call.

Wise up and rise up.

It’s my contention that what’s been happening with regard to the Economy for over past 100 years or so and what’s going to happen in the not-too-distant future, has been done deliberately … by design.

And I’m not alone in thinking this. As Gregory Mannarino of Trader’s Choice on YouTube said in recent video, “You think that’s by accident here?. No. It’s a deliberate act”.

Anway … to back up this belief … I would highly recommend watching a documentary film called “Inside Job”, narrated by Matt Daemon and directed by Charles Ferguson.

Its primary focus is on the Financial crisis of 2007 / 2008.

Ten minutes into the film we are told that …

“This crisis was not an accident. It was caused by an out of control industry. Since the 1980s, the rise of the US financial sector has led to a series of increasingly severe financial crises, each crisis has caused more damage while the industry has made more and more money.”

I would actually go further than the film and argue that … all that’s occurred over the past century or so, has been very carefully planned. Obviously, nothing goes 100% according to plan, but nevertheless, our Overlords have been pretty successful in what they’ve aimed at achieving thus far. Maybe this is because they haven’t had to deal with much opposition from the populace.

The main point of focus in many of my videos are Central Banks because they are, as Gregory Mannarino often says, “public enemy number one”. They’re certainly a big part of the “long con” that’s occurring.

Some of you listening might dismiss me as being a conspiracy theorist. That’s your prerogative, Freedom of thought is, after all, on a par with Freedom of Expression. However, what I would say to any doubters, or nay-sayers is … we shall see if the future proves me right or wrong. I’m prepared to accept the outcome.

That point aside … The film also talks about how various US administrations have worked in cahoots with the Financial sector. One commentor in the film says “that Wall Street and the Financial sector - being powerful and having lots of money - has step by step, captured the political system; both on the Democratic and Republican side.” I would agree with this assessment. As far as I’m concerned, there is wholesale corruption in government up to the highest level … so up to, and including, the Presidents. To my way of thinking, the various so-called representatives in Congress and the Senate in the US are bought and paid for politicians. And, they are partners in crime because crimes have been taking place.

Anyway, there’s a great deal more than could be said about these topics, but I’ll leave it there.

To finish off I wish to say that I’ve done this video in order to make people aware of the film and also to ensure that when the next crisis occurs (early Spring 2024 in my estimation) we will know where to point the accusatory finger. We will know exactly who is to blame. And this time … I sincerely hope we won’t let individuals in the gov

If you want to gain a good understanding of what is going on with regard to the Political and Economic situation in Argentina following the recent election of Javier Milei, then I would highly recommend watching a video on David Lin’s YouTube channel where he interviews Steve Hanke, Professor of Applied Economics at John Hopkins University. The video is entitled “FED will pivot big in 2024s Economic Tornado”. He talks about Argentina from about 32 minutes in.

One thing that I find bemusing about the whole situation in Argentina is … I can’t understand why the new President Javier Milei would want to Dollarise. In my opinion, the Dollar is just another crap currency and it’s going to fail sometime fairly soon.

An idiom springs to mind … “Out of the frying pan into the fire”.

There would have been a good case to argue in support of this move if Argentina had Dollarised twenty years ago. Then Argentina wouldn’t have the problems that they have now. But that didn’t happen so … it’s something of a mute point.

The other thing to say is I really don’t know why Argentina didn’t stick with the BRICS. It seemed like a better option especially as a BRICS gold back currency has been proposed and Argentina joining BRICS would have meant that they would be part of this and that would have stabilized their currency which would have been good for their Economy.

China isn’t best pleased with their decision to switch and have shown their displeasure by suspending a huge currency swap agreement worth some $6.5 Billion. It’s a form of financial punishment and it’s going to hit Argentina hard. Maybe America will step in and fill the breech.

Nor can I understand why Steve Hanke would be in support of Argentina Dollarising. Someone of his calibre should surely understand that the Dollar as we know it today is doomed. In his defence, I could say that we all have our psychological “blind spots” and maybe that is his. He’s an Academic who might have a more normative view of the world and so can’t see what someone like me sees. Or perhaps the Death of the Dollar has been designated as a taboo subject by our Overlords. So maybe he’s only allowed to say so much and no more.

But anyway … I recommend listening to Professor Hanke … He is, in my opinion, a very smart man and someone worth paying attention to.

Wise up and rise up.

This video is a follow on from the previous video about the Reverse Repro facility offered by the FED

If you haven’t seen that then I’d recommend you doing so before watching this one.

Let’s pick up where we left off …

Jo Brown of Heresy Financial on YouTube explains the matter fairly well, talking about the Banks liabilities and assets; the differences in interest rates in an Economy, conflicts between Monetary Policy v Fiscal Policy etc

For those of you who are interested, he released a video entitled, “the Reverse Repo Facility will be completely drained in 6 months”.

We now need to turn our attentions to interest rates because the Reverse Repo Market is inextricably linked to interest rates.

The recent round of FED rate hikes starting back in Spring 2022 has caused significant problems for the banks.

In the past, banks bought a lot of US Bonds.

When interest rates rose, the market value of the Bonds held by banks on their books became lower. This meant that the value of their assets have declined. These are known as “unrealized loses” or “paper loses”.

Their Bonds are worth less than they were when interest rates were low.

So, they’re sitting on massive unrealised loses. I’ll come back to the banks a little later on.

Let’s turn our attentions to another YouTuber … Rafi Farber of the End Game Investor. He’s an advocate of the Austrian School Economics and he says the Reverse Repo Facility has been used by the FED to keep all the Dollars that were were created in 2020 and 2021 out of the banking system.

By keeping the newly created currency out of the banking system the FED has been able to keep control of inflation … for the time being.

As an aside … They’ve therefore been able to make the claim that raising interest rates has done a good job of tackling inflation. But this is part of a disinformation campaign. Demand Destruction is not their only aim. They raised interest rates to do damage to individuals and business. So yet more.

Anyway, the Reverse Repo Facility been acting like a sponge to soak up the excess currency in the system.

I now need to say something about Money Market Funds.

Money Market Funds invest in secure, highly liquid assets, buying short term debt – such as Government issued securities and US treasuries. They weight their investment heavily in Reverse Repos.

In the video Jo Brown produced, he doesn’t talk about the interplay between Banks and Money Market Funds. Rafi however does.

In his analysis, Rafi says the Money Market Funds have been the ones taking advantage of this Facility – using up 90% of it.

In recent times, Money Market Funds have been offering better returns than banks.

So, a lot of money has been going out of bank deposit accounts and into Money Market Funds.

As Gregory Mannarino of Trader’s Choice on YouTube says, “a secret bank run” has been taking place.

So, in short, we can say that the facility has be