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Global reserve currency status allows for amazing latitude in terms of monetary policy.

The Treasury Department understands that there is constant demand for dollars overseas as a means to more easily import and export goods. The petrodollar monopoly made the U.S. dollar essential for trading oil globally for decades.

This means that the central bank of the U.S. has been able to create fiat currency from thin air to a far higher degree than any other central bank on the planet while avoiding the immediate effects of hyperinflation.

Much of that cash as well as dollar-denominated debt ends up in the coffers of foreign central banks, international banks and investment firms. Sometimes it is held as a hedge, or bought and sold to adjust the exchange rates of local currencies. As much as 60% of all U.S. currency (and 25% of U.S. government debt) is owned outside the U.S.

Global reserve currency status is what allowed the U.S. government and the Fed to create tens of trillions of dollars in new currency after the 2008 credit crash, all while keeping inflation more or less under control.

The problem is that this system of stowing dollars overseas only lasts so long and eventually the effects of overprinting come home to roost.

The Bretton-Woods Agreement of 1944 established the framework for the rise of the U.S. dollar. While the benefits are obvious, especially for the U.S., there are numerous costs involved. Think of world reserve status as a “deal with the devil.” You get the fame, you get the fortune, you get trophy dates and a sweet car – for a while. Then one day the devil comes to collect, and when he does he’s going to take everything, including your soul.

Unfortunately, I suspect collection time is coming soon for the U.S.

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From Trucker Boycotts To Grid Down – There’s Only One Way To Survive A Food Crisis

February 29, 2024

From Trucker Boycotts To Grid Down – There’s Only One Way To Survive A Food Crisis

If there is one reality that Americans need to accept, it’s that every system has a breaking point and there are no exceptions. Human beings are built to adapt and this has given us incredible resilience, but it also means we have a tendency to wait too long to fix the parts of our society that are broken. Instead, we let the problems build and fester until, sadly, the final straw falls and everything comes crashing down.

Sometimes this collapse is by chance and sometimes it’s by design. In either case the catalyst is the same – The public does not prepare and they don’t take action to correct the people creating the crisis until it’s too late.

In our modern era of invasive technology, economic weakness, nuclear weapons and biowarfare, this is an unsustainable model. We can no longer ignore threats on instability in the hopes that they will go away or that governments will defuse the danger, nor can we simply pick up the pieces over and over again after each calamity. There may come a time when the mess is so big we won’t be able to clean it up. People must plan ahead, and they must stop tolerating the notion of passive involvement in the mechanisms that influence their lives and future.

I write often about hypothetical trigger events and breakdown scenarios because a large number of people still need to be educated on how fragile the western world truly is right now. For example, any significant disruption to supply chains and logistics at this time would be devastating for a large number of Americans (or Europeans).

…click on the above link to read the rest…

Global Economic War Is Coming And The Threat To The US Dollar Is Real

February 11, 2024

Global Economic War Is Coming And The Threat To The US Dollar Is Real

In a recent statement posted to social media, Tucker Carlson explained succinctly his many reasons for traveling to Russia to interview President Vladimir Putin. His decision, mired in an avalanche of outrage from leftist media talking heads and a multitude of western politicians, was inspired by Carlson’s concern that Americans have been misdirected by corporate propaganda leaving the public completely uneducated on the war in Ukraine and what tensions with the East might lead to.

I agree. In fact, I don’t think the majority of Americans have a clue what the real consequences of a global war with Russia and its allies would look like. Even if the conflict never resulted in shots fired and stayed confined to the realm of economic warfare, the US and most of Europe would be devastated by the effects.

Carlson specifically mentioned dangers to the status of the US dollar, and I suspect this comment probably mystified a great number of people. Most of the population cannot fathom the idea of a US dollar implosion set in motion by a foreign dump of the greenback as the world reserve currency. They really do believe the dollar is invincible.

The most delusional people are, unfortunately, those within mainstream economic circles. They just can’t seem to grasp that the west is in the midst of financial collapse already, and war would accelerate the effects to levels not seen since the Great Depression.

I have been warning about this outcome for many years. I think I have made my position clear in the past; I suspect the conflict between east and west has been carefully engineered over the course of a decade or more, and Russia is not innocent in this affair.

…click on the above link to read the rest…

Globalists Will Use Carbon Controls To Stop You From Growing Your Own Food

February 4, 2024

Globalists Will Use Carbon Controls To Stop You From Growing Your Own Food

February 2, 2024 19 Comments

In early 2020 in the midst of the covid lockdowns, blue states run by leftist governors pursued mandates with extreme prejudice. In red states like Montana, after the first month or two most of us simply ignored the restrictions and went on with life as usual. It was clear that covid was not the threat federal authorities made it out to be. However, in states like Michigan the vise was squeezed tighter and tighter under the direction of shady leaders like Gretchen Whitmer.

Whitmer used covid as an opportunity to institute some bizarre limitations on the public, including a mandate barring larger stores from selling seeds and garden supplies to customers. “If you’re not buying food or medicine or other essential items, you should not be going to the store,” Whitmer said when announcing her order. The leftist governor was fine with purchases of lottery tickets and liquor, but not gardening tools and seeds.

She never gave a logical reason why she targeted garden supplies, but most people in the preparedness community understood very well what this was all about: This was a beta-test for wider restrictions on food independence. There was widespread rhetoric in the media throughout 2020 attacking anyone stockpiling necessities as “hoarders,” and now they were going after people planning ahead and trying to grow their own food. The establishment did NOT want people to store or produce a personal food supply.

Another prospect that was being openly discussed among globalists was the idea that lockdowns were “helpful” in ways beyond stopping the spread of covid (the lockdowns were actually useless in stopping the spread of covid). They suggested that the these measures could be effective in preventing global carbon emissions and saving the world from “climate change.” The idea of climate lockdowns began to spread.

…click on the above link to read the rest…

A Primer For American Patriots And Preppers Facing An Uncertain Future

January 18, 2024

A Primer For American Patriots And Preppers Facing An Uncertain Future

The average patriot (or prepper) is usually a middle class conservative or libertarian with a tendency towards independent thinking and some experience with economic struggle in their past. Most of us have made something of ourselves from very little, or, we had parents that made something of themselves from very little and we watched as children while they climbed their way up the ladder through hard work and merit.

Our philosphy is based on experience and a willingness to look beyond the veil. Most of the western public is bombarded with endless messaging about how stable and safe and “prosperous” our society is. We are constantly slapped in the face with propaganda telling us that patriots are not only crazy, but also dangerous. We are the bumbling bad guys in every film and TV show. We’re the “extremists” that refuse to accept that the system works, and if we would just stop trying to be independent from the system, we will find safety and happiness.

We are told a lot of things that aren’t true, and this is really the first thing that sets the preparedness culture apart from everyone else – A healthy sense of skepticism when it comes to establishment claims and mainstream assumptions. We will NOT be sitting idle listening to the band play while the Titanic sinks. We understand, however, that there’s a considerable number of people out there that are content to do so…

There are numerous and unique motivations for people who delve into the patriot life and I think there’s a perception that it requires some kind of abnormal shift in routine or a complete upending of one’s existence. If you become a patriot or prepper you have to live in a compound and wear army garb everyday and be suspicious of everyone…

…click on the above link to read the rest…

The Globalist Vision: “15 Minute” Prison Cities And The End Of Private Property

November 12, 2023

As a general rule I find that whenever the public scrutinizes any particular agenda being promoted by governments and globalists their first response is to act indignant, much like a narcissist would do when they are up to no good and they get caught. “How dare you” question their intentions and suggest they might be nefarious. How dare you suggest they are anything other than loving and benevolent. Our “leaders” have only ever wanted the best for us, right? They only want our lives to become safer, more comfortable and more convenient – This is what truly motivates your average elitist, right?

Obviously history tells us a far different story, and it boggles my mind when anyone tries to argue that things are different today compared to 100 years ago, 300 years ago, or 1000 years ago. There is nothing new under the sun. There will always be tyrants attempting to gain more and more power and those tyrants will always lie to the public, claiming they are good people with our best interests at heart.

When that doesn’t work and the citizenry remains skeptical, the tyrants go on the attack, accusing the public of “conspiracy theory.” This is meant to mock and shame free thinkers into silence – You don’t want to stand out, right? Why risk being ostracized from society? Why risk becoming a meme?

This tactic is rooted in the notion that the corporate media and government officials represent the mainstream, and therefore they represent the majority, and the majority represents reality. None of this is true or relevant, of course. Only facts matter. Sophistry is meaningless. Opinions are meaningless. The truth should be the goal, and if it’s not someone’s goal then they must be a purveyor of lies and should not be taken seriously. There are only two paths to take, there is no in-between.

…click on the above link to read the rest…

Solutions Are Scary: Part 2 – Economic Rebellion And Black Markets

October 1, 2023

Solutions Are Scary: Part 2 – Economic Rebellion And Black Markets

September 30, 2023 8 Comments

In the first article in this series I examined the issue of militias and the public taking its security into its own hands. I did this because frankly, without security, you have nothing. There are millions of people out there, each with their own pet concerns and many of these people think their primary issue is the secret silver bullet solution to everything. It’s not. Security comes first, everything else is secondary. That said, the most important factor next to physical safety is economic preparedness.

If you were to examine the entire spectrum of globalist policies and programs from the US to Europe to Asia, including climate controls and carbon credits, central bank digital currencies (CBDCs), cashless societies, vaccine passports, biometrics, agricultural controls, the “Great Reset,” the Fourth Industrial Revolution, AI monitoring of transactions, etc. you will come to the same conclusion I have – Almost everything they do revolves around locking down and micromanaging trade and access to resources.

Not just international trade and the import/export of resources, but ALL trade including the average person’s grocery purchases and private barter. If they get their way you won’t even be allowed to grow a garden in your backyard. Think I’m exaggerating? Just look at what happened during the attempted covid lockdowns – There were leftist state governments trying to deny people access to jobs and food without vaccination status, and at least one (Michigan) tried to stop people from buying garden seeds.

In many places (including Hawaii), they tried to arrest people simply for being outside in parks and beaches. Keep in mind, it is nearly impossible to contract or transmit a virus in the outdoors where open air and sunlight actively kill diseases. Yet, the science was completely ignored in order to control people’s behavioral patterns, social interactions and economic participation.

…click on the above link to read the rest…

Governments Start Calling For Price Controls – Rationing And CBDCs Come Next

September 23, 2023

Governments Start Calling For Price Controls – Rationing And CBDCs Come Next

Last month in the middle of the surreal “Bidenomics” hype I published an article titled ‘Nothing Is Over: Inflation Is About To Come Back With A Vengeance.’ I outlined the misconceptions surrounding CPI and how it is not an accurate model for the effects of inflation. I also noted that the index had been manipulated downwards by Joe Biden as he flooded the market with oil from the strategic reserves. Because so many elements of the CPI are connected to energy, Biden had created an artificial drop in CPI using this strategy.

I argued that as the strategic reserves ran out and Biden lost his leverage, CPI would rise again and prices on a number of necessities would climb. This is happening now, with the biggest jump in CPI in 14 months and gas prices clawing back towards all-time highs.

Inflation is not going away anytime soon, but the bigger issue at hand is who benefits most from inflation and rising prices? The answer might be obvious to some but many people are oblivious to the root cause of inflationary dysfunction and often see it as a consequence of random economic chaos rather than a product of clever engineering. The truth is, banking oligarchs and political authorities revel in the inflationary tidal wave because it is a perfect opportunity to institute far reaching socialist controls over resources.

In most cases central bankers are the primary culprits behind the creation of an inflationary event, and the word “creation” best applies because it is nearly impossible for overt inflation to occur without them. While money supply is not the only factor when dealing with inflation (sorry purists, but there are indeed other causes), it is the most important…

…click on the above link to read the rest…

Globalists Suggest ‘Finance Shock’ And Climate Controls To Launch Their Great Reset

July 15, 2023

Globalists Suggest ‘Finance Shock’ And Climate Controls To Launch Their Great Reset

At the end of June government leaders and think-tank power brokers from around the world met at the Summit for a New Global Financing Pact in Paris. Participants include United Nations Secretary-General Antonio Guterres, US Treasury Secretary Janet Yellen, IMF Managing Director Kristalina Georgieva and World Bank President Ajay Banga.

The supposed purpose of the summit was to find financial solutions to the goals of tackling poverty while simultaneously curbing “planet-heating emissions.” As with all climate change related events the discussion in Paris inevitably turned to international centralization of power and the formation of a global consortium to fix the problems that they claim sovereign nations cannot or will not fix.

However, what I’m seeing more and more in the past couple years is a convergence of narratives – Central banks and international banks are now suddenly more concerned with carbon taxation and global warming than they seem to be concerned with stagflation and economic collapse. Likely because this was the goal all along and economic collapse is part of the plan.

Globalists are now combining the climate change issue with international finance and monetary authority. In other words, they aren’t hiding the fact that the climate change agenda is part of the “Great Reset” agenda anymore. They are even suggesting that the threat of climate change be used as a springboard for giving global banks more power to dictate the circulation of wealth and for deconstucting the existing system so it can be replaced with something else.

French President Emmanuel Macron told delegates at the Paris summit that “the world needs a public finance shock” to fight global warming while also creating “equity” for less wealthy nations. He also argued that the current system was not well suited to address the world’s challenges.

…click on the above link to read the rest…

Project Icebreaker: The Beginning Of A One World Digital Currency System?

April 12, 2023

Project Icebreaker: The Beginning Of A One World Digital Currency System?

There has been extensive discussion in the past couple of years within alternative media circles about the dangers of Central Bank Digital Currencies (CBDCs); a currency framework very similar to blockchain based products like Bitcoin but directly controlled by central bankers. It’s a threat that some analysts including myself have been writing about for more than a decade, so it’s good to finally see the issue being addressed more in the mainstream.

The Orwellian nature of CBDCs cannot be overstated. In a cashless society most people would be dependent on digital products for exchanging goods and labor, and this would of course mean the end of all privacy in trade. Everything you buy or sell or work for in your life would be recorded, and this lack of anonymity could be used to stifle your freedoms in the future.

For example, say you like to eat steak regularly, but the increasingly authoritarian government decides to list red meat as a health risk and a “climate change risk” due to carbon emissions from cows. They determine by your purchase history (which they have full access to) that you have contributed more carbon pollution than most people by eating red meat often. They declare that you must pay a retroactive carbon tax on your past purchases of red meat. Not only that, but your insurance company sends you a letter indicating that you are a medical risk and they cut off your health coverage.

Products you consume and services you use can be tracked to create a psychological profile on you, which could then become a factor in determining your social credit score, just as CCP authorities do in China today…

…click on the above link to read the rest…

Silicon Valley Bank Crisis: The Liquidity Crunch We Predicted Has Now Begun

March 13, 2023

Silicon Valley Bank Crisis: The Liquidity Crunch We Predicted Has Now Begun

There has been an avalanche of information and numerous theories circulating the past few days about the fate of a bank in California know as SVB (Silicon Valley Bank). SVB was the 16^th largest bank in the US until it abruptly failed and went into insolvency on March 10^th. The impetus for the collapse of the bank is tied to a $2 billion liquidity loss on bond sales which caused the institution’s stock value to plummet over 60%, triggering a bank run by customers fearful of losing some or most of their deposits.

There are many fine articles out there covering the details of the SVB situation, but what I want to talk about more is the root of it all. The bank’s shortfalls are not really the cause of the crisis, they are a symptom of a wider liquidity drought that I predicted here at Alt-Market months ago, including the timing of the event.

First, though, let’s discuss the core issue, which is fiscal tightening and the Federal Reserve. In my article ‘The Fed’s Catch-22 Taper Is A Weapon, Not A Policy Error’, published in December of 2021, I noted that the Fed was on a clear path towards tightening into economic weakness, very similar to what they did in the early 1980s during the stagflation era and also somewhat similar to what they did at the onset of the Great Depression. Former Fed Chairman Ben Bernanke even openly admitted that the Fed caused the depression to spiral out of control due to their tightening policies.

In that same article I discussed the “yield curve” being a red flag for an incoming crisis:

…click on the above link to read the rest…

A Dollar Collapse Is Now In Motion – Saudi Arabia Signals The End Of Petro Status

January 27, 2023

A Dollar Collapse Is Now In Motion – Saudi Arabia Signals The End Of Petro Status

The decline of a currency’s world reserve status is often a long process rife with denials. There are numerous economic “experts” out there that have been dismissing any and all warnings of dollar collapse for years. They just don’t get it, or they don’t want to get it. The idea that the US currency could ever be dethroned as the defacto global trade mechanism is impossible in their minds.

One of the key pillars keeping the dollar in place as the world reserve is its petro-status, and this factor is often held up as the reason why the Greenback cannot fail. The other argument is that the dollar is backed by the full force of the US military, and the US military is backed by the US Treasury and the Federal Reserve – In other words, the dollar is backed by…the dollar; it’s a very circular and naive position.

These sentiments are not only pervasive among mainstream economists, they are also all over the place within the alternative media. I suspect the main hang-up for liberty movement analysts is the notion that the globalist establishment would ever allow the dollar or the US economy to fail. Isn’t the dollar system their “golden goose”?

The answer is no, it is NOT their golden goose. The dollar is just another stepping stone towards their goal of a one-world economy and a one-world currency. They have killed the world reserve status of other currencies in the past, why wouldn’t they do the same to the dollar?

Globalist white papers and essays specifically outline the need for a diminished role for the US currency as well as a decline in the American economy in order to make way for Central Bank Digital Currencies (CBDCs) and a new global currency system controlled by the IMF…

…click on the above link to read the rest…

Why China Sucks: It’s A Beta Test For The New World Order

December 3, 2022

Why China Sucks: It’s A Beta Test For The New World Order

For over a decade there has been an open globalist obsession with the Chinese governmental model – A love affair, if you will. Many top proponents of global centralization including Henry Kissinger and George Soros have praised China in the past and hinted that the communist country is burgeoning into a major player within the New World Order. Soros expressed this exact sentiment way back in 2009, around the time that China began courting the IMF and issuing trillions in Yuan based treasury debt in order to join their global currency initiative.

Several years later, China was inducted into the IMF’s Special Drawing Rights basket. The CCP now avidly supports the creation of a new global currency system with the IMF in control.

This is a reality I have been writing about for many years: China does NOT stand in opposition to global centralization under the control of western oligarchs. All they want is a prominent seat at the table when the “Great Reset” kicks off and total centralization begins. But the above information only suggests an economic relationship between China and the globalists. Does the alliance go even further than that?

Recently, Klaus Schwab of the World Economic Forum gave an interview to the Chinese government controlled CGTN at the APEC Summit. In that interview, Schwab praises China as a role model for many other nations. This might shock some people considering China’s economy is faltering, with their global exports plunging in 2022 and their housing market in shambles. This decline is in large part due to global stagflation, but also due to their insane “zero covid” policy which has kept the nation under pandemic lockdown for years.

…click on the above link to read the rest…

Escalation: Recent Events Suggest Mounting Economic Danger

September 18, 2022

Escalation: Recent Events Suggest Mounting Economic Danger

A common refrain from people who are critical of alternative economists is that we have been predicting crisis for so long that “eventually we will be right.” These are generally people who don’t understand the nature of economic decline – It’s like an avalanche that builds over time, then breaks and quickly escalates as it flows down the mountain. What they don’t grasp is that they are in the middle of an economic collapse RIGHT NOW, and they just can’t see it because they have been acclimated to the presence of the snow and cold.

Economic decline is a process that takes many years, and while you might get an event like the market crash of 1929 or the crash of 2008, these moments of panic are nothing more than the wreckage left behind by the great wave of tumbling ice that everyone should have seen coming far in advance, but they refused.

In 2022 the job of warning people is far easier than it used to be because we are well past the midpoint of the process of decline. But, believe it or not, I still get people today who claim that we analysts are “doom mongers.” The power of willful ignorance is truly amazing. It’s enough to make a person blind to stagflationary crisis, supply chain disruptions, quickly inflating prices, stock market carnage, bond market instability, record consumer debt, and international conflict.

At this point, I think if a person can’t see the dangers ahead they are probably a waste of time and space and are destined to be buried in the ice; there’s nothing that can be done for them…

…click on the above link to read the rest of the article…

Europe Is Facing Energy Disaster And It’s Going To Bleed Over Into The US

September 11, 2022

Europe Is Facing Energy Disaster And It’s Going To Bleed Over Into The US

Though the situation is ever changing, currently the Russian government has announced an official shutdown of ALL natural gas exports to Europe through the Nord Stream 1 pipeline and plans to maintain the shutdown until the EU ends its economic sanctions over the war in Ukraine. This means that around 40% of Europe’s energy resources are now gone, with supply chain issues surrounding the other 60% and prices skyrocketing for households and businesses.

Back in March in an article titled ‘The Biggest Lies (So Far) Surrounding Russia And Ukraine’ I noted that:

“…There’s something else the media does not talk about much, which is Europe’s reliance on Russian oil and natural gas. If you want to see actual price inflation caused by Russia, let the EU ban Russian oil imports, or watch as Putin cuts off the supply. Europe is dependent on Russian oil and gas for about 40% of overall energy production. They cannot even survive a single year without it. If Russia retaliated and blocked energy exports to Europe, the the EU would have to siphon oil from many other countries, reducing global supply dramatically. This would cause gas prices to explode to double or even triple current levels.”

Back in April of this year in my article ‘The Media Is Ignoring These Two Events Which Could Cause Economic Collapse’ I predicted that:

“…The Russian economy is not about to fold anytime soon, and now the EU, which is reliant on Russian oil and gas exports for 40% of their energy needs, is about to face economic doom unless they submit to paying for energy in rubles (which they won’t) or find a replacement source for gas and oil (which is impossible)…

…click on the above link to read the rest of the article…

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