The Coming Financial Crisis of 2021— The Plandemic, A Shortage of Goods

Our federal government is incapable of telling the American people the truth about any subject, including the economy. Inflation is way higher than 5%, and they know it. it is closer to 23%. But our evil, incompetent, highly corrupt, anti American government that created this inflation, will never admit that things have gotten so far out of hand. If they did, Satan Soldier A.K.A Beijing Biden might look bad.

The real problem is the surplus of money. Whenever you print a lot of money, it’s always a goods shortage because the Federal Reserve can print all the money they want, but they don’t print products to buy with the money. So, we have all this money being printed. We’re not producing a lot. People are sitting at home cashing unemployment checks. This is a tax. It’s an inflation tax, a Biden tax, whatever you want to call it. But when Joe Biden says ‘don’t worry! Only people that make over $400,000 a year are going to have to pay higher taxes to fund all these programs,’ he’s lying. Because every American is going to pay the inflation tax. And it’s going to hit the middle class and the poor the hardest.”

Consumer Price Index (CPI) data for April came in much hotter than expected. Year-on-year, inflation is up 4.2%. The big number even prompted Federal Reserve Vice Chairman Richard Clarida to say, “We were surprised by higher than expected inflation data.”

Peter Schiff appeared on Tucker Carlson’s show to talk about the consequences of more printed money chasing fewer goods. Peter said inflation is going to hit the middle class harder than the pandemic.

Peter said this hot CPI print is a cause for concern and ultimately it is a tax.

It is the inflation tax. And if you look at how much the cost of living went up, measured by the CPI in the first four months of this year, it’s 2%. So, if you triple that to annualized it, we have consumer prices rising at 6% annually. But if you look at the monthly numbers, every month it accelerates. So, if you extrapolate the trend of the first four months of this year for the entire year, you’re going to get a 20% increase in consumer prices in 2021.”

Tucker asked a poignant question. If the value of the US dollar is falling as quickly as the CPI suggests, why would any country want to invest in US bonds? Doesn’t this threaten to cause a shake-up?

Peter said they won’t want to invest. They’ll be selling US Treasuries.

Anybody that can connect these dots is going to be selling US Treasuries. And the problem is there’s a lot of US Treasuries to be sold.”

Peter noted that a lot of people are talking about a shortage of goods.

The real problem is the surplus of money. Whenever you print a lot of money, it’s always a goods shortage because the Federal Reserve can print all the money they want, but they don’t print products to buy with the money. So, we have all this money being printed. We’re not producing a lot. People are sitting at home cashing unemployment checks. This is a tax. It’s an inflation tax, a Biden tax, whatever you want to call it. But when Joe Biden says ‘don’t worry! Only people that make over $400,000 a year are going to have to pay higher taxes to fund all these programs,’ he’s lying. Because every American is going to pay the inflation tax. And it’s going to hit the middle class and the poor the hardest.”

That led Tucker to another poignant question. It’s clear that printing money means more dollars chasing fewer goods. Of course, we’re going to end up where we are today. So, why didn’t the geniuses making these policies anticipate this?

Peter said even the so-called geniuses at the Federal Reserve keep telling us not to worry. According to them, inflation is “transitory.”

But these are the same guys that told us not to worry about the subprime mortgage market. Remember early on, Ben Bernanke said, ‘ Don’t worry about subprime. It’s contained.’ Well, now they’re saying don’t worry about inflation. It’s transitory. Inflation is as transitory now as the subprime market was contained. And this inflation crisis is not only going to be worse than the financial crisis, it’s going to be worse than the pandemic. Because the government’s cure is what’s going to kill the economy, not the disease itself.”

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Hyper-inflationary Great Depression Coming — Satan Soldiers Will Kill the Only Economy the World Has Ever Known in Order to Bring on Their New World Order…

Those who pledge their allegiance to the one world ruler will take “the mark of the beast” upon their hard or forehead, so that they will be able to buy & sell and participate in the one-world economic system.  There is already some evidence that this “mark” is being prepared and TESTED, so that without this “mark”, you will not be able to buy or sell.

Once these things are in place, the “anti-Christ” will have arrived, and all the nations will bow down to him. A final 7 years – the “Tribulation” period – of man’s history upon the earth will ensue. A time that Jesus spoke about, which will come upon the whole earth,

There’s One Small Detail These Pukes Have Overlooked, They Only Have Six Years One Month Remaining to Run Their Demonic Utopia.

Have a look at US M1, the quantity of narrow money in the American economy, shown in Figure 1.

Economist John Williams says don’t think the happy news on CV19 vaccines is going to get the economy back to normal anytime soon.  Williams explains, “Put all the political turmoil aside for the moment.  The markets respond that this (CV19 vaccines) is going to turn the economy.  My point is it is not going to turn the economy . . . at least not soon because of what has happened to the economy and the severe structural damage.  We have had a lot of companies go out of business, in particular, small companies.  A lot of people have suffered, and we are going to have more of that going ahead.”

Because they has been so much damage done to the economy, Williams says there will have to be stimulus no matter who eventually makes it into the White House.  Williams contends, “Let’s say Trump gets re-elected.  He’s not going to have any choice but to increase stimulus to try to help the economy and help people.  If Biden takes over, he’s going to have to do the same.  He is already promising massive stimulus.  Where it gets really scary is if the Democrats can take control of the House, the Senate as well as the White House. . . . The stimulus there is going to be unbelievable. . . . The more radical Democrats will just print the money you need and spend whatever you need to spend it on, and don’t worry about it. . . . Whoever gets into power, there is going to be more deficit spending.  It’s just a matter of how radical it will be. . . . There is no way we are escaping massive stimulus for at least the next year and into 2022.”

Williams expects to see some very large inflation because of all the stimulus coming and predicts, “The more left we go, the more rapid will be the demise of the dollar.  Eventually, it will be a hyperinflation in the United States.  What I am looking at here is this evolving into a hyperinflationary Great Depression.  To save yourself, you have to preserve your wealth, your dollar assets.  To do that, you have to convert your dollars into physical gold and silver, precious metals and just hold them.  They will retain value over time as opposed to paper dollars that will effectively become worthless.  You’ll be getting a lot of money from the government, and they will keep giving you more and more and more, but that’s going to be an environment of rising and rising inflation.  It’s not necessarily going to buy you more. . . . Hyperinflation will bring political disruption. . . . Hyperinflation is a form of default.  Gold is telling us hyperinflation is straight ahead of us.”

Williams says, “When the Fed finally gets the more than 2% inflation it wants, the real inflation will be 12% to 15%. . . .  Hyperinflation happen quickly.”

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“Our courts oppose the righteous, and justice is nowhere to be found. Truth stumbles in the streets, and honesty has been outlawed,” (Isa. 59:14, NLT). We turned our backs on GOD, now we have been left to our own devices, enjoy…

While mainstream media continues to push a false narrative, Big Tech has kept the truth from coming out by shadow banning conservatives, Christians, and like-minded people. The deaths attributed to the Coronavirus are a result of powerful forces. They are truly evil.

Source: HNewsWire HNewsWire HNewsWire ZeroHedge

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StevieRay Hansen
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