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X22Report Spotlight Saturday Edition: [CB] Currency Is the Life Blood of [DS] System, Truth Jubilee Will Destroy It: Bix Weir (Video)

Saturday, June 1, 2019 13:50

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6-1-19

There is so much happening! maybe it is just April fool’s day, maybe something more. But debt (i.e. slavery) is essential to the survival of a currency regime. The expansion of debt has been the sole goal of the Western Governments and their Central Banks ever since the Central Banks got their foot in the door on currency matters. Given what we know about government efforts and the inherent laziness bred by the money lending profession, it should come as no surprise that they are failing to attain this sole aim. —

[CB] Currency Is the Life Blood of [DS] System, Truth Jubilee Will Destroy It: Bix Weir

#X22Report Spotlight

#economy #politics #finance

No Blood, No Life – The Lifeblood of the Currency Regime Running Dry

“The life of every creature is in its blood…”

Leviticus 17:14

Until autumn of 2007, they were succeeding. People saw credit as a boon, a way to bring future consumption into the present, which is exactly what it is. In this sense, credit is like time travel. Then, out of nowhere, the people decided that they had enough debt and decided to begin paying it down. It turns out you can have too much of a good thing, even consumption.

Take this exhaustion of consumption together with Mankind’s awakened desire to be free and the debt peddlers don’t stand a chance with the people. Seeing that the game with the public was up, the Central Banks turned to the “People’s Government” to further enslave them. This is where we are today.

Unfortunately, the Western Governments are insolvent, so the Central Banks are now printing money (popularly known as quantitative easing or QE) in order to keep the system of debt on life support. What the world is coming to realize is that the existence of QE = the failure of a Central Bank’s currency regime.

The Central Banks are now fighting a losing battle against a predominant bias to deleverage (pay down debt). Their game was easy when they were riding the trend. They will now go bankrupt, in shockingly rapid fashion, trying to fight it.

Justice Preparing to Mete itself out

But a Central Bank does not go bankrupt the way a normal institution goes bankrupt. They do not come out and announce insolvency, send notices to creditors, and wait for the judge to divide what is left of their assets. Oh no, fellow taxpayer, it is much more entertaining than that!

The Central Bank’s only judge is merciless and quick to execute both judgment and sentencing. That Judge is called “public opinion,” and you can read his verdict against the currency regime in the commodity markets over the next two months.

Will war in the Middle East be enough of a distraction?

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