Going to the corner store, getting almost any need, craving, or want. Yup it's pretty convenient, but the prices don't seem as convenient. Having a King's feast by cheaply imported food is something any person should never take for granted. We are facing massive deflation right now. The FED is going to tighten again tomorrow more than likely 75 basis points and it will continue to crush stonks, and now even bonds.
The FED is going to taper? Well it looks as though they are playing a major game of chicken. Remember they owe interest on all this bullshit. Everyone is starting to think the markets are purposefully to be broken and then money go BRRRRRR again. It's plausible they will flush everything down the toilet and then print massive amounts bailing out the too big to fail AGAIN. What will the elites do with all this 'free' money? Well of course they could buy assets that have just been absolutely crushed.
Look I'm just a normal person who studies macro economics as a hobby. I haven't made the best investments but I did have a feeling they would raise rates and locked into a FIXED rate a year and a half ago. Those on variable rates for mortgages are going to get absolutely crushed. Even the property or cars or whatever they bought will go down in relative value compared to what they bought for. It's an incredible bait and switch.
What do I expect? I expect the FED to pivot and create a hard hard hard landing. Then when everything deflates print themselves back out of trouble and even possibly create such a crisis that CBDC #FEDNOW will create digital 'cash' and bank every person with a smart phone and Social Insurance number. Yesterday I wrote about how CBDC's can control us in a dystopian manner.
Look it all seems conspiratorial. That's fine. I mean we just had home arrest and stimulus checks for close to two years. So I'm enjoying the kool-aid. I do expect an underground economy where perhaps crypto, gold and silver, and other assets will be gladly traded outside of the dystopian digital identity model. Human beings always set up black markets in such scenario's. Stay frosty people, we might not have as much time as with think.
