Presenting the Fed’s Perfect Plan for U.S. Dollar Oblivion
This post is to notify my substack subscribers that I’ll be releasing my next video tomorrow (September 30, 2023) at roughly noon Eastern Time. The video is called, “The Fed’s Perfect Plan for U.S. Dollar Oblivion,” which examines a paper presented at the Fed’s annual Jackson Hole meeting in August 2023. The video cuts through the jargon and extrapolates the consequences of implementing the monetary plan set forth in the paper. Once I post the video, I’ll put links in this space to the various platforms where the video can be found. My hope in posting links of the same video to different video platforms is to forestall the baying of beagles that a single YouTube link sets off each and every time.
Those video links are as follows…
• Bitchute
• Odysee
• Rumble
• YouTube
As a preliminary note, this video comprises (1) a pre-recorded online presentation I’m giving at the “On Guard for the Liberty of Mankind” symposium in Sweden, which is set for live-streaming tomorrow in parallel with the release of my new video, as well as (2) a brief intro recorded more recently. Total running time is 24:22.
I’m not a particular fan of symposiums due to inter alia the short time slots that they afford for presenters, which isn’t long enough for the kinds of detailed material I like to discuss. The monetary system is intentionally complicated in order to mask its systematic takeaways from the populace and corresponding giveaways to insiders; it takes a lot of time to unpack issues, even more time to present them competently, and an unbelievable amount of time to do that in a short format. Nevertheless, I made the most of my time and felt for the first time after several online presentations that I finally had one worthy of separate distribution on my channels (really one channel on several platforms).
But back to Jackson Hole…
Jackson Hole, Wyoming is the site of the Federal Reserve’s most important annual conference. It’s a gathering of the most prestigious monetary and financial figures from around the world, who present papers in which brand new plans for screwing over the general population have been known to appear. The veneer of prestige is a crucial part of propaganda directed at people for whom the “prestige” of the speaker or writer far outranks whatever content—however false or ridiculous—happens to spew forth from the speaker’s mouth. This candy-coating of prestige is, of course, irresistible for most of the population, including (especially) people who consider themselves sub-Brahmins in the U.S. financial caste system. This crowd gobbles up Ivy League pedigrees like they’re on the McDonalds Dollar Menu, a bitterly amusing irony in that the central banks whose altar these pliant rubes worship at are in fact specifically set up to eviscerate the value of currencies. As a result, you’re soon going to need a microscope to distinguish among Dollar Menu offerings.
You might recall the Fed’s 2019 Jackson Hole meeting, where BlackRock (through ultra prestigious co-authors Stanley Fischer and Philipp Hildebrand) presented a paper entitled, “Dealing with the Next Downturn.” In it the authors describe a plan for, well, dealing with the next downturn, which, well, just happened to occur the very next month in the repo market. Luckily, the Fed was armed with BlackRock’s highly prestigious plan and put it to use to the letter throughout the 2020 Pandemic! rollout all the way into the next year and beyond.
I made a lengthy video that walked through the Fed’s implementation of BlackRock’s plan over the ensuing $5T that the Fed added to retail bank deposits (a fact that the caste system faithful refuse to discuss to this day), which mirrored the Fed’s creation of $5T in reserves. That video is called, “Larry and Carsten’s Excellent Pandemic.”
Like 2019, this year’s Jackson Hole conference includes a paper that has the earmarks of a plan for large-scale thievery a la BlackRock’s “Next Downturn” crony crime classic. Indeed it’s not a stretch to consider this year’s blueprint emission as an extension of BlackRock’s 2019 plan.
This year’s plan is called (yawn), “Resilience redux in the US Treasury market,” by Darrell Duffie.*
Duffie is a professor in Stanford’s Graduate School of Business, which ranks high enough on the prestigious meter for caste members to just gloss over the paper’s complicated-looking math equations, or even read the paper at all. Hell, the Fed even included a Cliff Notes fluff piece to plump Duffie’s paper. It was written by a Harvard Professor, so you know that when he says the paper is awesome, rube, you’re to adopt that opinion as your own and parrot it elsewhere.
You think I’m joking about our Harvard fluffer? I wish I were, but alas. In the first two paragraphs of his nerd-porno ad copy, we learn that Duffie’s paper is:
• “terrific and very thought-provoking” and
• “a beautiful piece of positive economics”
As my high school Latin teacher used to write on my lesser exam efforts, YUK.
In any event, what unites BlackRock’s paper to Duffie’s is their blueprint for inflation. However, whereas BlackRock’s paper uses the word “inflation” 75 times,** Duffie avoids the word “inflation” altogether, even though the inflationary effects that are inherent in his paper’s plan will dwarf those in BlackRock’s paper. My new video walks through why that’s the case.
If I’m right, the U.S. dollar is gonna float up into the stratosphere over the next few years, which is a big reason, I suspect, for the central bank obsession with CBDC, as the video explains.
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My most heartfelt thanks to people who answered my last video with contributions to my work.
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Additional links and references:
• 1947 House Banking and Currency Committee hearings of March 3-5, 1947 (testimony of M. Eccles)
• FY 2022 Annual U.S. Treasury report (see Charts 5&6 at pp.7-8)
• May 2020 Federal Reserve financial stability report (showing pre-March 2020 primary dealer inventory)
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* Duffie includes a pdf handout that’s considerably shorter than his 50-page paper. The color graph I use in the video (Figure 8) come from this handout, not from his paper (where the same graph appears as figure 9, but only in black and white).
** Of course, BlackRock’s paper was published before the inflation that the Fed subsequently caused by implementing BlackRock’s plan showed up with wild abandon in grocery stores and pretty much everywhere else. And when it was no longer possible to ignore that inflation, none other than former Bank of England Governor Sir Mervyn King (a super duper prestigious appellation) totally threw the Fed under the bus and expressly stated that the Fed caused that inflation. See this video segment. Cue beagles.
Thanks to yourself, we can see what they are doing, they are breaking the old style of economy to shift us to a new, global system.
We can't ignore things like "Smart Cities" as they are part of the "4th Industrial Revolution" as they are part of the big picture. They are building a new economic system which relies on a virtual world rather like living in a video game.While we are watching the old system sink under the weight of debt, they are using military technology to create a surveillance state.
I was watching an Alison MCDowell video in which she points out the plan is that we have a digital identity and everything will become a tokenised asset.The token may have some link to a fiat currency but it could also be linked to a right or a bit of information. Their goal with blockchain identity, is that everything about you will be tracked in the smart environment.The data gathererd can then be used to create patterns.
Even if the tokens are community currencies, in the background are the same powerful people who are behind the proposed CBDCs. Community currencies could be programmable so they would not only represent an exchange of value but at a higher level they could create parameters to steer behaviour. The CBDCs may be in the background but we will be playing in a game run by powerful people around the world, just like now.
Do we want to live like a character in a video game? That is a discussion that we need to have but we are not asked to debate that while we are being divided and distracted.
Thank you Mr. Titus. A dying regime makes a lot of noise, does stupid stuff, BUT will still hurt millions of people. Thankfully, we can put on the armor of God, learn from The Titus, and turn defense into offense. We cannot lose this battle if we never quit. Thanks again, Sir. Have a great weekend!