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  • devil21's Avatar
    Yesterday, 06:09 PM
    And by "kept it going" it mostly meant propagandizing the general public into thinking that things were dandy, even as the currency continually lost more value and their rising stock market "wealth" was merely accounting gimmicks that quite obviously can disappear much faster than it was amassed. They were tricked into believing they were richer, as the food servings got smaller and smaller and were replaced by fillers and additives, rents and mortgage prices rose causing taxes to rise while the quality of construction fell, car loan terms became longer (how much car can you afford became how much can you pay per month?), the list goes on and on. Practically everything became a confidence game since 2008 and probably even since the dot com bubble and bust. Sure, some good things were accomplished in that time period like our ability to communicate as we are from random parts of the world almost instantly but make no mistake, the economy was turned into one giant Enron in the meantime.
    114 replies | 17991 view(s)
  • devil21's Avatar
    Yesterday, 01:32 PM
    These days, Grant and Gundlach and Schiff are the only mainstream voices I pay any attention to when they speak. eta: And Josh Brown on CNBC (love that dude). Speaking of unicorns and malinvestment, is it any wonder that WeWork imploded? Perhaps some knew back then that "social distancing" would make their shared workspace concept entirely nonviable.
    114 replies | 17991 view(s)
  • devil21's Avatar
    Yesterday, 09:54 AM
    That's not a reply. The simple fact is that imaginary money printing can't last forever. It never has and never will. Nature takes back over eventually and then the harsh realities of life on this round ball hurtling through space re-emerge.
    114 replies | 17991 view(s)
  • devil21's Avatar
    Yesterday, 09:47 AM
    With all the crap he's catching over becoming the Orange Socialist, he probably should pardon them all just to cover his ass for a while.
    12 replies | 426 view(s)
  • devil21's Avatar
    Yesterday, 09:45 AM
    We've been covering what's really going on for months in the Treasury markets in this thread in the econ subforum: http://www.ronpaulforums.com/showthread.php?541910-QE4-Started-amp-Nobody-Noticed
    14 replies | 346 view(s)
  • devil21's Avatar
    03-31-2020, 01:10 PM
    Yep, Blackrock is acting as the intermediary between the Treasury and the Fed so that the Fed doesn't technically violate the laws prohibiting the Fed from buying Treasuries and stocks and whatever else directly from the Treasury and stock markets. In reality, there's not really any substantive separation between the Fed, BR and the UST outside of their paper charters designating them as separate corporate entities. It's one big umbrella corporation playing shell games through its subsidiary corps. Think of it like Verizon, which owns OATH, which owns Yahoo and Flickr. Yahoo and Flickr are shifting numbers around between each other, as if they're entirely separate businesses. It's the method they're using to unwind the global petrodollar/treasury recycling scheme under the virus cover story.
    14 replies | 346 view(s)
  • devil21's Avatar
    03-31-2020, 12:59 PM
    Now the Fed will be 'repoing' Treasuries held by other central banks https://www.zerohedge.com/markets/fed-launches-repo-facility-provide-dollars-foreign-central-bank Treasury issue dumping is in full effect now.
    110 replies | 8542 view(s)
  • devil21's Avatar
    03-31-2020, 10:25 AM
    devil21 replied to a thread Black Friday? in Economy & Markets
    Naaaa, not buying it. Markets want to sell off every day but aren't being allowed to. This bounce looks too engineered to be legit (and historically always happens during crashes) and has the feel of everybody running for the doors while the hidden hand holds the door open a bit longer. Until it slams shut and people are left holding stocks in a lot of dead companies, denominated in a worthless currency. The "essential" companies (Agenda 2030) will be funded through bond sales. The rest left for dead as "unsustainable", since non-state sanctioned is against socialist policy. eta: speaking of patterns, i should post rigging complaint posts more often. indexes go red right after i do lol
    128 replies | 5586 view(s)
  • devil21's Avatar
    03-31-2020, 09:54 AM
    devil21 replied to a thread Black Friday? in Economy & Markets
    The problem with your theory is that it's literally the exact same pattern every day now, excluding last Friday, since last Monday. Go look at the charts. It's blatant. The PPT is clearly putting a floor under the markets daily and not allowing more sell-offs. eta: in a big picture sense you may be right but that doesn't explain the daily pattern that has clearly emerged, which shows the full force of the PPT/ESF being used to prevent markets from behaving rationally on what is happening now and in the near future. OTOH I probably should use this engineered bounce to buy more super cheap puts instead of complaining....hmm
    128 replies | 5586 view(s)
  • devil21's Avatar
    03-31-2020, 09:47 AM
    The real name: Massive theft. They're basically stealing every dollar of value left under the Treasury trust, that Americans have earned for the last 90 years, in one last big blowout free-for-all crony handout party.
    14 replies | 346 view(s)
  • devil21's Avatar
    03-31-2020, 09:19 AM
    devil21 replied to a thread Black Friday? in Economy & Markets
    It's now the same exact pattern I mentioned earlier in the thread, -every day-. Markets clearly want to sell off to reflect the reality of everything going on but are simply not being allowed to. As soon as indexes go red in the morning, large chunks are bought pushing back into the green and this is rinsed and repeated several times until the algos eventually "learn" for the day to stay green and buy higher. Then it's off to the races again. Oil crashes again? Stocks green. Oil rises? Stocks green. I mean really, who the hell is buying cruise lines on the news they're going to take on more debt???
    128 replies | 5586 view(s)
  • devil21's Avatar
    03-30-2020, 09:40 AM
    Quick searches reveal: PressTv article on 2-13-20: Iran ready to launch 5G http://french.presstv.com/Detail/2020/02/13/618603/Iran-5G-internet-network-minister-announcement Fwiw i don't know if the 5G>virus is a real connection or not but there's definitely some level of correlation. I assume late March means right now.
    44 replies | 1654 view(s)
  • devil21's Avatar
    03-28-2020, 11:54 AM
    Good on ya Thomas. RPF is proud of you! This bill was the "steal everything that's not nailed down" pirate phase of empire collapse and no Congressperson wants their name forever associated with that.
    69 replies | 1630 view(s)
  • devil21's Avatar
    03-27-2020, 07:06 PM
    Makes me wonder if all the stay-at-home orders are only to provide legal justification for declaring any public gathering, like a mass protest, an 'unlawful assembly'. Most bank lobbies are closed. /tinfoil
    6 replies | 357 view(s)
  • devil21's Avatar
    03-27-2020, 06:50 PM
    ^^^^^^ biggest wealth transfer in history, that's all. The "money" is/was directed away out of the dying host and into the next hosts. Very relevant scene, especially starting at 2:17 mark
    13 replies | 1360 view(s)
  • devil21's Avatar
    03-27-2020, 06:14 PM
    Ding ding ding. What do I win? The article claims the Treasury ends up taking back all the Treasuries as bagholder and that may happen (I said the Fed would be ultimate bagholder) but close enough for government work. Ashes to ashes, dust to dust. The shit was never real in the first place. https://finance.yahoo.com/news/feds-cure-risks-being-worse-110052807.html Fwiw, it don't agree with the author's belief that stocks markets will ramp in response. These various debt instruments, that the Fed is buying, that are being "repatriated" (and canceled out) were the basis of much of the point values of the indexes in the first place, especially since probably 2001 but maybe as far back as early 1970's when the dollar became backed by fairy tales (Dow 3000-5000), along with general currency in circulation. Basic accounting says those entries have to be zero'ed out to balance the books and the associated points on the indexes removed also. Hence also the push to remove FRN cash from circulation as much as practical. They are liabilities that originated from Treasuries.
    110 replies | 8542 view(s)
  • devil21's Avatar
    03-25-2020, 04:23 PM
    Rumors of official COMEX default being announced soon. COMEX has been essentially in default for months already but I guess it's almost time to lift the veil of bs.
    29 replies | 963 view(s)
  • devil21's Avatar
    03-25-2020, 08:11 AM
    We all should stop arguing about the Orange Man and start businesses selling mops to Congress. The only real way to succeed financially these days is to find a way to suck from Uncle Sugar's teet somehow.
    13 replies | 658 view(s)
  • devil21's Avatar
    03-25-2020, 07:59 AM
    Based on Landon's post, it's not much different than the current banking structure (pro-rata pooled assets under trusts, each customer assigned an account/wallet number) except it's the next step toward cashless and privacyless imaginary money and the balance is held at the Fed, instead of with the member bank itself. Member banks become merely storefronts of the "new" Fed. No bank runs, no failing member banks, all digital, all centrally tracked, all centrally maintained and controlled by the "new" Fed. Presumably, the NSA will have direct access to all info in a central location, probably the giant data center in Utah.
    22 replies | 867 view(s)
  • devil21's Avatar
    03-25-2020, 07:26 AM
    The big boys get no-strings handouts while the little guy still has to schlep over to the banker for an interest-bearing loan of money the bank creates out of thin air. CNBC interviewed Bernanke this morning and he said (lightly paraphrased) "The Fed doesn't have the ability to assess payments to barber shops and nail salons, so the Fed will funnel money to the banks so the banks can issue credit to them."
    88 replies | 1325 view(s)
  • devil21's Avatar
    03-25-2020, 07:24 AM
    Charlotte's lockdown order actually specifically exempts gun stores from shutdown, citing security needs, and Charlotte's government is almost entirely Democrat even.
    23 replies | 645 view(s)
  • devil21's Avatar
    03-25-2020, 07:13 AM
    CNBC just covered a few of the points. Looks like the payroll tax cut Trump promised is NOT going to apply to workers, only employers -and- the cut will be recouped in following tax years. Any direct payments to people are to be offset against any tax refunds in future tax years, a la Obamacare mandate tax where the tax came out of any refund owed to filer. Another was that no businesses associated with Trump are eligible for Treasury relief. I assume there's a mad dash on to change the legal structure of Trump family businesses to avoid that connection. Moral of story is: No free stuff and no relief, slaves. Gov'ts shut everyone down by mandate but still want their cut later, come hell or high water.
    13 replies | 658 view(s)
  • devil21's Avatar
    03-25-2020, 07:03 AM
    You were neg repped because you do nothing but shill for the Orange Socialist, that's all. You better start cranking out the propaganda faster since most of your compadres have been shown the door recently.
    23 replies | 867 view(s)
  • devil21's Avatar
    03-24-2020, 03:54 PM
    Here's a direct link to the "Stay At Home" order just issued by Mecklenburg Co/Charlotte NC. I figure this is what most of the orders look like everywhere and since I assume you're in NC also, your area and/or the state's as a whole would be very similar. https://www.mecknc.gov/news/Documents/Mecklenburg%20County%20Stay%20at%20Home%20Orders.pdf I don't have an answer to your particular question but it seems unlikely that purchasing a video game while at the same "essential location" would be actionable.
    14 replies | 350 view(s)
  • devil21's Avatar
    03-24-2020, 03:36 PM
    That's a deep topic but suffice it to say that the "Jews" are historically just the money-changers of Rome (good with numbers and money, a natural fit, and an easy scapegoat). Having said that, all influential sectors, including the Vatican, have been infiltrated and, over the years, taken over by a certain sect of "Jews" (though they take on whatever local customs and/or religion is necessary to carry out said infiltration) known as Sabbateans. Interesting but very complicated topic.
    22 replies | 867 view(s)
  • devil21's Avatar
    03-24-2020, 03:28 PM
    Completely planned. Just waaaaaay too many pieces falling into place under this virus crisis to be coincidental.
    20 replies | 1919 view(s)
  • devil21's Avatar
    03-23-2020, 10:52 PM
    Really, who is still talking about tariffs now? There's a big part of me that wants to rub Zip's, Swordy's and other noses in this turn of "news" but they're gone....so whatevs. Treasuries are backed entirely by the working stiff's ability to pay interest to the bankers on debts, that's it. No worky=no taxy=no value.
    110 replies | 8542 view(s)
  • devil21's Avatar
    03-23-2020, 09:35 PM
    fun thread to review. fed still pledging to prop up tesla via outright corporate bond buying while 401ks crash into nothingness.
    110 replies | 8542 view(s)
  • devil21's Avatar
    03-23-2020, 08:57 PM
    Weird that we're talking about bailouts when bail-ins were legalized not long ago. Diversion perhaps? Bank branches have shut down the front doors.... hmm Pull cash now.
    88 replies | 1325 view(s)
  • devil21's Avatar
    03-23-2020, 08:52 PM
    There's a 30 min video compilation floating around of all of the MASSIVE light tan military vehicle loads (National Guard) being carted around on rail right now. I saw one myself a few weeks ago and heard one a few nights ago. 15-20 minute constant trains are NOT Normal around here. I think there's a Jade Helm thread around here somewhere also...
    10 replies | 354 view(s)
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