Mainstream Economists Are Struggling to Hide The Incoming Economic Collapse
The comments below are an edited and abridged synopsis of an article by Brandon Smith
For years there has been a contingent of economists working within the liberty movement to combat disinformation being spread by the mainstream media regarding America’s true economic condition. These efforts have focused mainly on the continued devaluation of the US dollar and the forced dependence on globalism that has outsourced and eliminated most US manufacturing and production of raw materials.
The problems of devaluation and stagflation have been present since 1916 when the Federal Reserve was officially formed and given power, but the true impetus for a currency collapse and the destruction of buying power began in 2007/2008 when the financial crisis was used as an excuse to allow the Fed to create trillions upon trillions in stimulus dollars for well over a decade.
The mainstream media’s claim has been that the Fed ‘saved’ the US from collapse and that the central bankers are ‘heroes.’ After all, stock markets have mostly skyrocketed since QE was introduced during the credit crash, and stock markets are a measure of economic health… right?
“At bottom, the fight against economic collapse and the Great Reset starts with each individual and how they prepare. Each person caught by surprise and stricken with poverty is just another person added to the hungry mob begging the establishment for draconian solutions like UBI. Each properly prepared individual is, as always, an obstacle to authoritarianism. It’s time to choose which one you will be.”
Up for discussion: The devil’s bargain; the difference between a crisis and a real crisis; and collapse is not too strong a word.