Ukraine War Causes Inflation & Higher Rates – Martin Armstrong
- Thread starter Goldhedge
- Start date
weaponoffreedom
Elite
which is to say that the US governent is the cause of it all.
Joe King
Elite
Same as it always was.
Or at very least, the past 90 years, 1 Month and 17 days.
....but who's counting?
weaponoffreedom
Elite
and what are you referring to ? @Joe King
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Joe King
Elite
When the gov first started working outside of its Constitutional limits on power, and never returned.
...and that is not my supposition. The government openly, and in no uncertain terms, admitted the fact.
weaponoffreedom
Elite
As I am not doubting you and agree with the underlying idea, can you provide this admission? Does it exists in document form?
Joe King
Elite
Glad you asked!
Senate Report 93-549 states:
A majority of the people of the United States have lived all of their
lives under emergency rule. For 40 years, (now over 90 years) freedoms and governmental procedures guaranteed by the Constitution have, in varying degrees, been abridged by laws brought into force by states of national
emergency.
That was written in '73 about the gov having operated "to varying degrees" outside of Constitutional limits starting with the War Powers Act in '33. *
Three years later, Congress enacted a law ending the Emergencies, but in name only, as all those laws that "abridged" some of our "freedoms and governmental procedures guaranteed by the Constitution" but only "to varying degrees" become permanent and the governments normal way of operating.
When taken together as a whole, what it all amounts to is an Amending of the Constitution via popular vote in Congress. It just took 43 years to do it.
Unless the People wake up, the same fate awaits the provisions in the so-called patriot act. At some point they'll find a way to just make it permanent. That it violates the Constitution won't even be considered.
* What they did, was to amend the Trading With The Enemies Act of Oct 6th 1917, to allow the war powers contained in that Act that were intended to only be used against the citizens of hostile nations who happened to be on US soil during times of war, to also be used against US Citizens.
Prior to it's amending, US Citizens were explicitly exempted from ever having those powers used against them. The reason being that at that time the gov still recognized the People as being the sovereign. Now the gov sees itself as being that.
The amended version enacted on March 9th '33 added us to the list of potential enemies. Which is why the powers granted to the President at that time are considered to be war powers. They were powers that were previously reserved for times of war, unleashed upon American Citizens.
Today, no one alive would recognize a fully Constitutionally compliant gov, as all they know is one that allowed itself to begin operating beyond its limits.
....but only to varying degrees.
Edited to add: @Goldhedge , sorry to derail your thread a bit, but it seemed kinda important. It'll get back on topic in minute.
Joe King
Elite
To add a little more, the reason that was done in '33 was because the gov saw the People's actions of demanding their lawfully owed money, as an existential threat.
Ie: the People merely wanted their gold from the banks that was rightfully theirs, but there just wasn't nearly enough gold to satisfy all of the lawfully held claims to the gold. That's why they shut it down and said that no one could have any.
Simply put, the gov allowed for more claims on real money to be created, than there was real money to satisfy those claims.
...and the People, the sovereign, had to pay the price for it instead of the gov officials who allowed it.
It's just like when you were in school and tried eating a piece of candy, but the teach said that if you didn't bring enough for everyone, no one could have any.
....but on a grand scale, and instead of candy, it was real money.
Ie: the People merely wanted their gold from the banks that was rightfully theirs, but there just wasn't nearly enough gold to satisfy all of the lawfully held claims to the gold. That's why they shut it down and said that no one could have any.
Simply put, the gov allowed for more claims on real money to be created, than there was real money to satisfy those claims.
...and the People, the sovereign, had to pay the price for it instead of the gov officials who allowed it.
It's just like when you were in school and tried eating a piece of candy, but the teach said that if you didn't bring enough for everyone, no one could have any.
....but on a grand scale, and instead of candy, it was real money.
Goldhedge
Legendary
You also need to include that the 1913 Federal Reserve Act created a centralized bank FOR the government to borrow from.
The government borrowed $80M from the bank (if I recall correctly?) and if the government paid that original loan back in 20 years then the Federal Reserve would cease to exist.
1913 + 20 = 1933.
1933 is when the Federal Reserve foreclosed on the original debt and they wanted collateral which was the people's gold.
The Founding Fathers lived through the Bank of England's machinations with the money supply in the Colonies which is why the Revolutionary War really was fought, not some tea tossed in the harbor - which is why Article 1, Section 10 of the Constitution states "No State shall make any thing but gold and silver coin a payment in tender of debt."
The 1929 crash was planned and implemented by the bankers - they knew what would happen - the Roaring 20's? Easy money was plentiful and times were good. The stock market was heating up. Everyone was 'getting rich' playing stocks on leverage. After the banks called loans due (1929) people sold stocks to make their margin calls and a cascading result ensued. It took 5 years, 1929 to 1933 for the bottom of the market to occur. [Think The Big Short in housing in 2008? Everyone was buying the American Dream - a house. If you could fog a mirror (easy money) you got a loan. Til the SHTF!]
The Great Depression: Hungry people don't concern themselves with government 'stuff' going on in the background. Silver and gold money represented freedom and suddenly 'freedom' was taken away when civilian ownership of gold was made illegal and it wasn't until 1971, when Nixon removed the US dollar from the international gold exchange between nations, that civilians were allowed to own gold again.
Give this a listen:
Most of what we learned of history is wrong by design.
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Joe King
Elite
I'd figured that I already derailed the thread enough. lol
My dad started teaching me this when I was 13-14. Deer in the headlights.
