In this video I discuss how so many built their economic and monetary frameowrk on mythology and lies.
I had the opportunity to watch one have his complete framework disassembled yet he cannot let it go. To his credit he is trying but the ideology comes through. It is like he was proven that god does not exist yet still cant let go of his religion (as an example). This is how powerful beliefs are.
For 30 years, I heard how the USD is going to crash and the Fed money printing is going to lead to massive inflation. This is why gold and, eventually bitcoin, had to be bought, The Church of Peter Schiff is now shown to be what it is. We see 40 year highs in the CPI yet not only did gold not explode (we wont even mention Bitcoin), it is more than $300 off its highs.
As for the USD, near 20 year highs.
What gives? The ideology that is what gives.
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Gold, Silver and Bitcoin are manipulated.
If you want to see the real value of gold, try to buy any large amounts.
You will quickly find that the spot price no longer applies.
As long as T.H.E.Y. can print any amount of currency
and are allowed to use that currency to buy and sell on the COMEX.
And T.H.E.Y. are allowed to sell any amount of bare naked shorts into the market.
Then gold, silver and bitcoin will have their prices smashed down.
The problem is, the only proof that will prove this, is when the dollar crashes and with it the COMEX.
(Yes, i know that the Fed doesn't "print any money". But, if you only look at one small piece of the puzzle, you cannot see the entirety.
It is several groups all working together so that no single one has all the blame. (JP, The US Treasury, COMEX, PPT, CeDe,...)
In the end, it is printing currency and using it to buy assets.
Remember, the Plunge Protection Team lives in the Fed building)
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Check out the last post from @hivebuzz:
creating myths to build strong economic references is a strategy of many years and it is also deceiving the public for them to obtain some benefit
It's the narrative most people believe in and that is why it's hard to get them to realize it. It doesn't help that a lot of people use those same talking points and they don't really look into the macro data that much.
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