The Economy is Doing So Well!

by EraOfLight

Caring about truth
By pushing fake money onto the financial class, the feds have increased the share of national income made by the “One Percent” to three times what it was in the 1970s. The bottom share had to go down. There are 2.3 million people, for example, who earn more than $1 million per year and the top 0.1% earn more than $6 million per year.
But the bottom half of the population has an average income of only $16,000 per year. Seven out of 10 Americans, says USA Today, have less than $1,000 in savings. How is it possible that an economy can be doing so well, when most people in it are worse off?
What are the rich doing to deserve twice the total income share? Are they producing twice as much? Of course not. It is because the system is rigged, against the lower and the middle class. The bottom 90% got 35% of national income as recently as 1980. Now, they only get 25%.
In America, the low unemployment rate is almost a miracle. At 3.5% nationally, it is at a 17-year low. In California and in Hawaii, apparently, not a single person could be found in a recent survey who admitted to being jobless. These cup-half-full figures don’t take into account the 102 million American adults of working age who really don’t have jobs.
It is said that Inflation remains below 2%, but that is only if you follow the official bogus numbers and don’t take into account the rampant inflation in the asset and housing markets. The stock market, too, requires a special caveat emptor. It is no longer a place where you can discover how much companies are worth. It is apparently part of a grand wealth redistribution system, due to the fake money that is dumped into the markets. Assets go up and the people who own them find themselves with a greater share of the nation’s wealth.

The end of the dollar-system
The world economy and its financial structures have never recovered from the great financial meltdown of 2008. Soon people will realise that the economy has sunk into a classic debt trap. What is now looming over the global financial system is a crisis that could spell the end of the post-1944-dollar system.
After a decade of unprecedented low interest rates to bail out the financial institutions, creating new asset inflation bubbles in stocks, bonds and housing, Central Banks are in the early stages of what some call QT or Quantitative Tightening.
Interest rates are rising and have been for the past year, so far very gradually. The Fed however, is continuing to raise rates. The Fed Funds stand at 1.75% after nearly ten years at effectively zero percent. Were they to stop now it would signal a market panic, revealing that the Fed knew something far worse than they admit to.
Never in its history have the Central Banks indulged in a monetary experiment with such low rates for so long, the effects of reversing this are going to be as unmatched as well. At the beginning of the 2008 financial crisis, the interest rates were around 5%. That is what they are aiming for now as being the return to “normal.” However, with rising interest rates, the lowest credit sector, the so-called non-investment grade or “junk bonds” face domino style defaults.
Countercyclical fiscal policy
The difference between the next crash and the last two is that this time, the central banks have less room to manoeuvre. At the end of an expansion cycle, like the one that has been experienced for almost ten years, governments should be running a surplus.
The idea of countercyclical fiscal policy is; When the economy is hot, it is supposed to have budget surpluses. When the economy cools down, you then heat it up with more spending.
But currently, conducting a pro-cyclical fiscal experiment, late in the expansion cycle, while governments are still borrowing heavily, is economic suicide, bearing in mind that annual deficits are presently programmed to reach in the trillions and this figure is based on a situation without a crash or a recession.
Elites run the system for their own benefit
In a small government, citizens can run the show. They know what is going on, and have a say in what happens next. But, in a global Deep State Empire, citizens play largely symbolic roles. They vote, but their votes don’t really matter. They voice their opinions, but no one really cares what they think.


The real power now is in the hands of an elite cabal, who “work the system” for their own benefit. This is The Swamp that Donald Trump campaigned against. The inside deals, the bribes, the sweet sinecures, and the greasy campaign contributions. The elite get farther and farther ahead. Their interests and those of the rest of the people increasingly diverge. They get richer, while 90% of the population loses ground financially.
The masses have no idea what is going on, how the game is played, or how they are being ripped off. As the scale increases, gradually and then suddenly, a big gap opens between the “leaders” and the “people” – between public policy and private consequences, and between real news and “fake news.”
The elite insiders – in business, government, academia, religion, and media, whether it is the centralised government from the left or the right – have become the parasites.
A total of 75% of government spending is economically non-productive including military, debt service, social security. Unlike during the 1930s’ Great Depression, when the levels of government debt were almost at nil, today on average, the debt is over 105% of GDP and rising.
Spending on national economic infrastructure in the 1930s resulted in the great economic boom of the 1950s. But now; for example, spending $1.5 trillion on a dysfunctional F-35 all-purpose fighter jet program won’t do the trick.


Financial Perception
In an attempt to control people and perpetuate the current system, Central Bankers and government officials make deceptive statements about how “under control” or “anchored” inflation is and how solid the economy is looking for the years ahead with a cumulative GDP growth, etc. This grand deception is necessary for them to manage tightly, not just the fraudulent monetary system, but it is of the utmost importance for them to manipulate the public’s perception, which is one of the markers to look for when distinguishing a fiat currency system from one based on sound money.
During the millennia when currency was gold-based, and therefore sound, there was no need, actually no way to manage expectations about future price levels. Inflationary expectations seldom changed because the price of most things, in terms of gold, seldom changed. But in a fiat currency system, where money is not redeemable into a tangible asset and circulates solely because the governments say one kind of paper is valuable and other kinds are not, perception isn’t just another tool of monetary policy – it is the policy’s prime directive. When perception-management fails, the next option is direct intimidation in the form of capital controls and asset confiscation!
Debt reflation has now become impossible
The Khazarian crime mafia invented and implemented the perpetually growing debt spiral, but now something has changed. A change of this sort is enormous as it signals the trend to get out of debt. People are deleveraging by paying down debt. That is, of course, a contraction. A contraction means a depression.
The world is slipping into a depression and it’s going to get very nasty. The end result will be; nations’ governments are going to have to revalue gold because that is the only thing they will have left.
They will have to resort to that to keep trade going. No country is completely independent economically. All nations need things that others produce. In order to keep the world trade going, there is no other solution than going back to gold.
For at least one hundred years the financial system has been manipulated to the hilt, bringing the world to its knees through the financial engineering of the elite, which should have been alarming enough in and of itself for every well-educated expert. But the majority has been masterfully kept in the dark about the hidden agenda, not taking heed of the bells ringing loud and clear. In-depth analyses reveal that the whole monetary system is in its final stage of self-destruction.
The excessive currency printing of debt-money has arrived in its final ‘reflation’ stage of self-destruction. Because the debt in the world has grown so excessively, the credit-system has gone into reverse mode, as a result of the invention of the perpetual debt spiral. By not issuing enough money to be repaid with interest, an absurd situation arises in that not enough liquidity is created to repay all debt, while even more ludicrous, when all debt is paid off, there is no more currency left in circulation.
Reflation is no longer possible at this point and it would seem that the deflationists are being proven to have been correct all along. They are correct in regards to a credit system working in reverse with a negative feedback loop, stoking a deflationary death spiral.
Debt Reflation is the deflation of debt that is making the economy even worse
Reflation is a fiscal or monetary policy, designed to expand a country’s output and curb the effects of deflation. What we are seeing now, is the reverse of this. The economy is moving in the opposite direction. In fact, debt reflation is the deflation of debt, weakening the economy, leading to contractions in the economy, propelling it into a collapse.
Clearly the Khazarian mafia is getting scared and running out of ammunition. The fact that the Khazarian mob controlled Bank of Japan, like the ECB in Europe, was forced to resort to negative interest rates, proves their fake fiat monies are worth less than nothing. The US Federal Reserve Board will be forced to do the same thing.
The more people put money in their banks, the more that money is vanishing.
It’s a remarkable time right now. This is all taking place before we are able to identify and decipher what is happening, what the world is going through or where it is headed. People who are AWAKE have long seen this coming, and now we find ourselves in the middle of it all.
There are really two converging worlds – the vibrational changes from beyond are attacking the Khazarian Mafia-controllers that block these positive energies, and jam the beneficial signals bestowed on the people, by instilling fear, disunity and insecurity, meanwhile bombarding us with a toxic cocktail of electromagnetic, chemical, genetic, nuclear and techno-trans humanist influences.
There is just one small problem, what will happen to the currencies of these central bank issuers including and especially those of The Fed, who also are caught up in the negative feedback loop? These will vanish as a result of their own intentional flaw in the financial system of not putting enough money into circulation to pay back all the outstanding loans plus interest payments.


Collectively we must stand together
It’s time for us all to collectively stand together and address the root cause of our problems. To put this into perspective: There are a billion people being enslaved and just a handful by comparison doing the enslaving. The way out of this is to come together in mutual support, love, kindness and understanding. Put aside the manufactured irrelevancies that divide us – religion, politics, race, culture, and income.
This is not to say people have to reject their beliefs; just don’t let them be weapons of division, but instead embrace all differences with respect.
We are all in this together, and we need to face this challenge together, not steal from each other, loot, or riot, or look the other way because of something happening to someone else, with a ‘not my problem’ attitude.
The Deep State is seeking to enslave all of us, whatever one’s religion, race or colour of one’s skin. They are crossing off different groups one by one, just like the Nazis did in Germany in WW2. The cabal’s worst nightmare is our non-compliance – the refusal to pay taxes, refusal to leave homes when banks foreclose on them because of an economic collapse caused by these same banks. Stated simply: the refusal to comply with our own enslavement in any shape or form.


Non-compliance Action on a massive scale:
The system cannot cope if this is done on a massive scale and that makes the point that we should undertake this action together, united. Instead of compliance, we need non-compliance, this being a peaceful protest without violence. We should not comply with what is unfair or unjust, or simply because it targets our freedom and that of others. This approach differs substantially from non-compliance in a spirit of hostility, rage or violence. Instead the weapons deployed are those of love and laughter – and an unshakable determination to not cooperate with our own enslavement.
The Next Recession Is Going to Be Horrific
Please take note of the well meant advice, in being prepared for a rough ride through life. Make sure you have food, fuel, water, and shelter, next to gold, silver and crypto.
The importance is who will have the narrative, the Deep State or President Trump. One thing is sure the housing bubble is going to pop this summer, and that will be the end of the Central Banking system if Trump has the narrative. Otherwise expect WW3.


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