Thread by @APhilosophae

US macro policy and, indeed, the very role of government in the economy, is undergoing its biggest shift in direction in 40 years.

thehill.com/opinion/financ…

"If the U.S. economy descends into an inflation spiral like that experienced after World War II, we could be on the brink of excruciating economic pain."

"The Fed’s balance sheet has almost doubled during the pandemic to nearly $8tn. That compares with the 2008 crisis when it only increased by a little more than $1t, and then increased another $2tn in the subsequent six years.”

"We have seen this happen many times over the past century. From Weimar Germany to present-day Venezuela, massive money printing never works and always spurs out-of-control inflation."

"The most basic laws of economics, the ones that have stood the test of time over a millennium, have not been suspended. The effects could be devastating, particularly for the most vulnerable in society."

"Hyperinflation, like that experienced in post-World War I Germany, can also lead to social disorder and political chaos."

"In fact, one of the reasons Adolf Hitler and the Nazi Party came to power in Weimar Germany was the public's resentment concerning the hyperinflation they suffered as a result of endless money printing."

Deutsche Bank seems really excited about our fiscal policy here in the US. So excited in fact, theyve written a whole series about the erronious policies of the Fed and our bone-headed government.
dbresearch.com/PROD/RPS_EN-PR…

Currently it seems as though no central bank would be insane enough to raise interest rates and collapse the markets and that any hints of such are merely deception.

Everything in the last 10 years has been tilted towards a few aims:
> Censorship of peaceful dissent and oppositional ideas
> Violent suppression of organised dissent
> Dividing the populace at any and every fracture point imaginable

The current strategy is not to save the globe, but to keep "essential" operations online throughout a collapse within the next 20yrs.
It doesn't matter to them if your local business, city or even nation survives their plans only that your resources are still at their disposal.

They think too many common people have more wealth than they should or require. Everything they have done has been in the interest of buying time to reorganise society into their hands.
> They're buying houses
> They're buying farmland
> They're buying out entire companies

It does not matter to them if you've "made it" or not. What matters is that you don't have a community that is outside their control.

Here's the collapse twist if they cant successfully reorganize and stay afloat:

>CBDCs are rolled out with a very favourable ratio.
>Layoffs are massive but this is only the start. Every major organisation starts selling off their assets.

>Everyone is told about inflation and banks are blamed for the downfall. CBDCs are the solution.
>Debts in the old system won't take CBDCs more defaults, foreclosures and firesales, but they're still being bought out.

Eventually "you'll own nothing" becomes real. Nothing built today is built to last, everything you've paid for will break in a short amount of time, but by then CBDCs will not be as useful.

Nothing that works will be for sale, it will all be available to rent in CBDC only and the ratio gets worse and worse. Its self perpetuating.

* For those wondering a CBDC is a central bank digital currency that uses an electronic record or digital token to represent the virtual form of a fiat currency of a particular nation (or region).

What's fun about this is how a central bank can limit access unlike with DeFi. With CBDC's you could effectively create a token that is designed for the S.E United States, one for the Mid Atlantic, one for the North East, etc, etc. If youre managing a collapsed society...

You may need to keep groups seperated, dedicated to rebuilding and limit movement. This is where CBDC'S can thrive. Banks and govts could issue exchange licenses which allow certain individuals and businesses to trade a SE US token for a NE US token. They could also...

Effectively ban anyone from currency exchange via not issuing that license, thus forxing that individual to trade, buy, sell within a defined region. Its helps keep the serfs within the Lords realm.

BTC and other digital assets can work as underground currency to an extent here. But not totally. If its illegal to rent a home from a bank or corporate landlord with anything other than your CBDC then the BTC becomes a bit more problematic. There are always work arounds...

But it could effectively stifle enough to maintain certain levels of increased compliance and control that otherwise those in charge may have had to give up.