THE Economic Lie of Economic Lies. By Gregory Mannarino
Once again people are being scammed/tricked, but this time IS very different…
The world economy today has become a weapon of mass DE-construction. Yes, you read that correctly, the world economy is being deliberately, systematically, and methodically taken apart.
We are entering a New Dark Age.
Violent times, pandemonium in the streets, deliberately divided people, deteriorating family relationships, struggle, hatred, fear, confusion. Do you believe that all this is just an accident?
Do you accept as true, that it’s just by bad luck or chance that the global economy is contracting at its fastest pace on record? That it’s just by accident that an entire class of people, the Middle-Class WORLDWIDE, is becoming extinct?
Is it just because of some unrelated comedy of errors that global debt and deficits are HYPER-ballooning? Is it just by coincidence, that the last three US Presidents, Obama, Trump, and Biden, have catapulted US public debt more so than every single US President before them combined going all the way back to George Washington? Really… all this… just an accident, chance, bad luck, a comedy of errors?
Is it just via some unrelated turn of events that more than ¾ of working Americans are living paycheck to paycheck? That these same people are now carrying their heaviest debt loads on record and defaulting on their debt at a pace which has not been seen since “The Financial Crisis?”
Is it just our bad luck that inflation, which is a monetary policy issue and NOT an overall economic one, is sweeping the globe? INFLATION IS A MONETARY POLICY ISSUE! Monetary policy is implemented BY CENTRAL BANKS, and not by Presidents or a particular party.
Is it also just by chance that the one and two percenters are RICHER THAN EVER and getting even richer FASTER?
Fun Fact #1. Today there are more millionaires and billionaires being created than at any other time in world history.
So, all this is just by accident? You believe that?
How about NO.
None of this is by accident, chance, bad luck, or some comedy of errors. EVERYTHING we are seeing; all of this which is being forced upon us, is deliberate. AND it’s about to get much worse.
Fun Fact #2. People are being SOLD another lie, and they have no idea that it’s even happening.
Economics, or perhaps e-CON-omics.
Here is the current CON being sold by both Presidential Candidates, Donald J. Trump and Kamala D. Harris.
TRICKLE DOWN ECONOMICS.
The basic and overall theory behind “trickle down” economics is this: by making the rich richer it creates a trickle-down effect, and all the people therefore benefit. THIS IS A LIE. A lie which assures that the rich get even more powerful, at the cost of everyone else.
Trickle down economics is a key and integral component of the ongoing de-construction of the economy here in the US, and around the world. Is it really any surprise to you that every so called “developed” nation utilizes this same economic con-job?
Here in the US, there are two economic certainties which we will see moving forward no matter who is selected as President.
Continuing currency devaluation, (weaker dollar) and
Artificially suppressed rates, (lower rates).
Fun Fact #3. The two listed above dynamics are key elements to continue the overall economic downfall of America, and the world’s economies. Moreover, it is this third Fun Fact which is being pushed by both Trump and Harris.
These two again listed above dynamics will also further empower not just The Federal Reserve, but ALL central banks around the world! Who will also use puppet leaders, puppet presidents, and a dumbed down public, to carry out their grand plan… which is to OWN IT ALL, to be the LENDERS AND BUYERS of last resort.