by Dillon Critique from; (substack)
September 19, 2024
https://www.blackboxpolitics.substack.com
This is just a short update/commentary highlighting what truly matters and what should be focused on. Instead of the 0.5% rate increase by the Federal Reserve.
Interest Rates are irrelevant and meaningless. A distraction/psychological operation and perception management by bankers. Yet that's all people focus on; Fed speeches and rates. Which is the point and goal of the bankers.
People are ignoring/being distracted from the reality of what has already happened/taken place, is happening and just focusing on rates/Fed. Rates just tell you whether currency is expensive or cheap to borrow. Nobody is paying any attention to what actually matters; Purchasing Power. Which the US dollar has none, even though its still accepted as payment.
The only thing that matters or is relevant, is purchasing power. Which nobody focuses on or talks about with the same amount of fever as they do with rates, rates, rates & the Fed. As if rates or the Federal Reserve even matters. Rates do not matter when the dollars purchasing power is already negative (i.e. worthless). Rates don't mean anything at this point and are a nothing burger when the dollar has already been hyperinflating since 2020 (one could argue well before 2020; 1924 prices compared to 2024 prices). Hence why 80% of all US Dollars to ever exist were created in one year (2020-2021) and did nothing to “stimulate growth”. Hello Hyperinflation.
The original Austrian Economic definition of inflation is; expansion of the currency supply.
QE is Hyperinflation; the extreme and rapid printing/expansion of large sums of currency from thin air on a continuous/consistent basis. (Which we've been doing for 16 years.
One keynesian definition of inflation is; expansion of currency supply + how the expansion of said currency supply makes it's way into the system. This is wrong. The expansion of currency itself causes the devaluation, not the expansion being realized.
“The system died in 2008 and has been on life support ever since” -Lynnette Zang
What is this life support? QE. What is QE? Hyperinflation. Since the system died in 2008 the “market” has been upheld by Hyperinflationary rounds of QE that get larger and larger as the dollar devalues further and further. That is why the American population lives off credit cards to quite literally survive because the currency is already dead. This is why American household credit card debt is over $1.2 trillion & continues going up and up, even with higher rates. Hyperinflation is needed to keep this system propped up.
The dollar having no purchasing power or having negative purchasing power doesn't get a headline or any hype and nobody talks about it. The dollar having already been hyperinflating and losing 99% of its value since 1913 (admitted by the F.R.E.D), gets no headline or hype and nobody talks about it.
A BS irrelevant and meaningless .5% rate cut and that's all the world and people can talk about as if it even matters or means anything. That's all you see in the financial news or youtube, parroting the same irrelevant things; Fed, Rates and fake economic data.
Everyone already knows the Fed is going to cut rates because that's all they can literally do. That and QE. It's not rocket science. The question is, is it a trap? They raised rates on purpose years ago to begin collpasing the current system. Check. Now they are cutting rates, but it's not to save the system. If the bankers wanted to save the system, they would have left rates at 0% to begin with, continued on and not purposely introduce an imbalance. That is to say that something big obviously changed to deviate away from the playbook we’ve had for the last 16 years.
Is the Fed now cutting rates to suck money back into markets for a rug pull or (insert whatever event here)? Is there something deeper and more devious at hand with these rate cuts? Or is it really just this simple; the Fed is beginning the start of cutting rates back down to zero for a Weimar type printing bonanza? I think there is something more. I think we are in the middle of a transition phase.
Either way it does not matter because America and the Dollar have already collpased. People just haven't figured it out yet. Interest Rates and the Federal Reserve are irrelevant and meaningless.
If you haven't already I highly recommend you look at the data/information in my original article about (1) Interest Rate Psy-op and (2) The Federal Reserve Playbook.
The Fed cut by 0.5% on September 18 2024.
You are right, however you limit ir to the USA while in truth almost all economies in the world are already bankrupt or facing bankruptcy. When one of the big players goes down, the worldwide system will collapse which will lead to chaos/famine/war etc.
A substacker I follow wrote an interesting post about it with regards to the planned civil war.
https://substack.com/inbox/post/149099853
I think you will also find it very interesting.