This question came to me from the article “I was wrong all along!” < click here >
- Simple question, was this [62-year financial collapse] intentional by TPTB?
This question gets its own article…yup, it is that important.
Yes, absolutely, 100% intentional and planned. Oh, wait…does your “TPTB” stand for The Powers That Be? If not, forget what I said. If it is, then my answer applies. But ‘how’ it was planned and intended is the important part.
Why?
Because it is happening again…right now. And it will be just as damaging…and TPTB are laughing all the way to the bank thinking we are all freaking stupid…and it appears we might be.
So…intentional or not? Let’s explore that one.
Here’s the official statement from the Federal Reserve (Fed) chairman in 2017…
“Inflation seemed to be moving toward the FOMC’s 2 percent objective, a level that the FOMC judges to be consistent with price stability because it is low enough that it does not need to figure prominently into people’s and businesses’ economic decisions but high enough to serve as a buffer against deflation and provide greater scope for monetary policy to address economic weakness.”
In plain English…
The Federal Reserve believes the economy functions best when the purchasing power of money declines slowly, steadily and predictably rather than remaining constant, falling unpredictably, or declining rapidly. It has chosen 2% annual inflation over the long run as the rate it believes best accomplishes that objective.
So the Fed intends to impose a 2% inflation figure on us…the average American family…and has done so for at least a decade. That is exceptionally important to understand…a 2% inflation rate is a must in their planning and controlling of the US economy.
That’s in their own words.
But here is an interesting piece of information…the 2% inflation figure has been their target unofficially for a very long time. That too is important to understand…their intentions have been in-place for a long time…remember that.
Go back to the original article if you need to…the average annual inflation rate for the time period in the example, 1964 – 2026, was based on the actual documented figures of inflation. The Fed’s “intention” is/was 2% but the results from 1964 – 2026 were 3.9%.
Now, let’s do this…
Based on the Fed’s own words, their own inflation rate target of 2%…that is their intention.
So this is what they intend to do economically to a baby born today (along with the rest of us)…
Can that be any more clear of exactly what the Fed intends to do to American families?
But, let’s look at their actual performance vs their intentions.
We take the same ‘intention’ concept and then apply their actual previous 62 years’ performance…it looks like this…
Look really hard at those charts, don’t let your eyes glass over.
As I see it, based on their actual stated intentions and their actual performance…the Fed intends (by their own inflation target projections) to economically ruin American families. The actual, real, numbers speak for themselves…their own words.
Would you ask the next logical question…
“Why would the Fed do that intentionally?”
Well, excellent question that is an easy one to answer. Here’s the actual, factual, statistical evidence of what happened from 1962 – 2026…
The bottom 50% of Americans started out in 1962 owning about 4% of the wealth in America. By 2026, that same group of American families owned just 2.5%. Their share of the nation’s wealth had fallen by 36%.
On the other hand, the top 10% of Americans owned 64% of the wealth in the United States in 1962. By 2026, their share had risen to about 68% of all the wealth…an increase of about 6%.
Did you get that…the poor got poorer and the rich got richer…by a LOT! Asked and answered.
And that my friend is the actual facts of the “K” Economy.
That is 100% fact-based on what has actually happened from 1962 – 2026.
Now, what does that look like going forward based on the Fed’s stated intentions…
Which then gives us this for a “K” economy (projected going forward)…
But, just for the heck of it, let’s look at it from 1962 – 2088…
So over the course of just two lifetimes:
- The bottom 50% of Americans lose almost 60% of their share of America’s wealth
- The top 10%, the super wealthy, gain over 12% of the wealth of America
Just for the heck of it, let’s see what happens to the middle-class during that same frame…
Well, imagine that…the middle-class is, and has been, shrinking all along…and will continue to shrink as the rich get richer and the poor get poorer. Wow, who would have imaged that!
That makes it pretty plain to see what is going on…
A massive transfer of wealth from the lower & middle-class American families to the economic elite!
So, take the Fed’s own stated intentions…their OWN words…as their plan. Or not, your choice.
Is it obvious to you? It is to me.
Look who has lost wealth and who gained wealth over the last 62 years?
Look who the projections show will lose wealth and who will gain wealth in the next 62 years?
Yup…the rich elites control it all…and benefit from it all…and the average American family gets economically slaughtered.
Does that make you wonder about the ‘how’ and ‘why’ the US government voluntarily gave up control of so much to so few…a concentrated bunch of US bankers and investor elites…called the Fed.
Hummm……just saying…..
I guess the most important question…
Does it matter to you?
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