what if?


Commentary

Perhaps the most important thing in forecasting is the ability to ask: Open speculation about world developments is key to establishing a position where basically nothing really surprises you.

“What if?” The questions I am currently asking are:

  1. What if the attack on President Trump’s Mar-a-Largo resort was politically motivated?
  2. What if the war in Ukraine was part of a plan to overthrow the emerging Eurasian (China, Europe, Russia) global power structure?
  3. What if central banks, or the “power brokers” behind them, knew that monetary policy would destroy the economy by raising interest rates?
  4. (continued:) What if central banks are intentionally promoting central bank digital currencies (CBDC) to oversee the economy as a whole?

The first two are more political, but as mentioned earlier, politics has become a major factor influencing the global economy. So you’ll have to deal with the issue and possibly guess.

Speculation is already high as to the actual reasons behind the Trump attack. There were reports that a Federal Bureau of Investigation whistleblower released a statement about his FBI politicization. At this point, this is understandably pure speculation and a political game, but these are different stories we can consider.

Most importantly, if the raids were politically motivated, then former President Donald Trump would be seen as a threat to the current system, or “regime,” and prevent him from ever becoming President of the United States again. Why should we? For example, if you compare the tenures of President Barack Obama and President Joe Biden to President Trump’s one term, the latter was a fairly peaceful and prosperous world.

Europe may be in crisis due to Ukraine-Russia war darkest winter Our economic system and society are unlikely to withstand a major energy and food crisis combined with rising interest rates. With sanctions and central bank policies, we could face the deepest economic crisis since World War II, which would make Europeans, mostly, even poorer.

what happened?

This leads to the question: Why did President Vladimir Putin attack Ukraine?

He had to know that it would lead to serious backlash.there could have been other force That paved the way for war. There is a scenario where some powerful US entity wants to stop the formation of an economic power structure between China, Europe and Russia. The “entity” would have known which policies would push Putin “over the edge”. Again, this is just speculation, but it’s an idea that needs to be considered. Because, if this is accurate, it means that the economic prosperity of Europeans, and perhaps the world, is being “sacrificed” to achieve geopolitical play and much more. sinister purpose.

This poverty, and thus the domination of the middle class by destructive inflation and debt, potential endgame Of the “globalists” who may be threatened by Trump’s next presidential term?

The question of central bank policy is equally pressing and worrisome.

A healthy economy doesn’t need a savior. Nor does it need someone to “push” it to grow, for example, at artificially low interest rates, as a healthy economy. grow organically From entrepreneurial, corporate and individual risk-taking with the help of the financial system. Mistakes happen naturally and can lead to severe financial and economic crises. But a strict and punitive policy against excessive financial speculation is the only real remedy for the “moral hazard” and other financial misconduct that lead to crises.financial crisis Finland and Japan A good example of this from the early 1990s. And let’s not forget that the greatest economic crisis ever, his Great Depression of the 1930s, occurred just 16 years after the creation of the Federal Reserve.

Moreover, over the past few decades, central banks have manipulated the economy through interest rates and asset purchase (and sale) programs (quantitative easing and tightening). What did this lead us to?the world economy more fragile Many heavily indebted sovereigns, such as those in the eurozone, remain solvent only with continued central bank support. In essence, the global economy is in constant need of a revival due to central bank policy.

How insane would it be if the central bankers pretended to be our saviors after they destroyed the economy?

It’s Machiavellian. Crash something to gain more power.

However, this could be the “hand” central bankers are playing, especially with the impending issuance of a central bank digital currency (CBDC). The issuance of central bank-controlled digital currencies Final Either annihilate the banking system or make it an obedient follower of central bank policy. This is especially true in times of crisis, when deposits from commercial banks to the central bank are essentially completely covered by taxpayers or the money-creating (printing) capacity of the state and the central bank. for the rush. This gives the central bank a monopoly-like power in banking.

In that case, only cash would have to be banned for the central bank to have full control over interest rates and the economy. The end result is an economic dystopia, in which the ability of citizens to control their own (economic) destinies (certain types of agency) is effectively robbed.

This is what central banks try to sell us through the rationalization of “safety” after an economy collapses. This, too, is speculation that should be considered the end result of such purposes.On a kind of level it would be really scary slavery of the public.

So ask everyone “what if?” Questions above (and others). This is because if any of them (not to mention some that are not explained above) turn out to be true, we are living in a very different world as presented.

Tuomas thanks Dr. Peter Nyberg for his insightful comments.

Views expressed in this article are those of the author and do not necessarily reflect those of The Epoch Times.

Tuomas Marinen

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Tuomas Malinen GnS Economics, a macroeconomic consultancy based in Helsinki, and Associate Professor of Economics. During his ten years he studied economic growth and economic crises. In his newsletter (MTMalinen.Substack.com), Malinen deals with forecasting and how to prepare for recessions and looming crises.