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Mar 22 ā€¢ 7 tweets ā€¢ 2 min read
WSJ: "It's Fed day. And it's a big one. The central bank faces one of its hardest calls in years: Keep raising rates to fight high inflation or hold steady to help quell the worst banking crisis since 2008."

Quick šŸ¤”šŸŒŽ commentary šŸ‘‡
The world anxiously awaits the man, the myth, the legend, Jerome Powell, to decide the fate of the global economy.

The Federal Reserve will save the day. Right?

But if they don't, cut them some slack. This is one of "its hardest calls in years."
Once you see it, you can't unsee it.

The amount of cognitive dissonance in financial markets is unparalleled.

Everyone awaits what a dozen people have planned for the global 'free market' economy.

Not only that...
Everyone seems to have forgotten that the Federal Reserve created both problems - they are the reason they have this "hard call."

The Fed & US Gov teamed up to print over $6 TRILLION in 2020/21.

40% of the US money supply. That's why there is a cost of living crisis!
Then they tell us it's not a problem.

Don't worry about it - being unable to afford rent and groceries is only transitory.

But then, after realizing how utterly wrong they were, they hiked rates at the fastest pace in history, crashing the banking system.
So yes, the heroic Federal Reserve will save the day.

Their only hope is to (temporarily) fix one of the problems that they have created.

The only way to fix both problems is to #EndTheFed and buy #bitcoin.
Fin/ Thank you for reading!

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More from @macrojack21

MacroJack Profile picture
Mar 24
Bill Gates & Beef.

The Davos Class' attack on livestock.

A threat to food security around the world. šŸ§µšŸ‘‡ Image
The Davos Class has convinced a many ppl that we are heading toward a climate crisis, and if we do not reach "net zero" by 2050, we are in grave danger.

If that were the case, you would think they'd stop flying private, but instead, they want you to stop eating meat. Image
The climate narrative is an effective one.

Most people want to do the right thing and be good stewards of the planet. Like COVID, the climate crisis is a "bigger than us" narrative. We need to join together to defeat this existential threat. Image
Read 23 tweets
MacroJack Profile picture
Mar 22
The fiat financial system is backed by nothing aside from the public's trust and confidence.

When confidence collapses, so too does the system.

A thread on financial fragility & the coming crisis.
Fiat currency is backed by nothing.

Since 1971, the USD and all currencies globally have had no gold backing.

The Federal Reserve and, to a lesser degree, other central banks have been able to expand the money supply without much constraint.
Since the creation of the Fed in 1913, each progressive step toward fiat has regressed us as a civilization.

Over thousands of years, monies competed based on their monetary properties, most importantly, scarcity.

Eventually, gold (and silver) became the money of choice.
Read 22 tweets
MacroJack Profile picture
Mar 13
"Americans can have confidence that the banking system is safe. Your deposits will be there when you need them."

A thread on the fragility of the banking system, the coming collapse, and #bitcoin.
2/ Silicon Valley Bank's implosion is the latest example of the fraudulent fiat financial system.

There's plenty of detailed coverage, so I'll keep this part short - SVB took deposits and bought mortgage backed securities to generate a yield on deposits.
3/ The Fed + Gov actions of 2020/21 created massive inflation in the US & abroad.

In 2022, after the Fed told us for months that inflation was transitory, they realized they were wrong and started to hike rates at one of the fastest paces in history.
Read 17 tweets
MacroJack Profile picture
Mar 8
"Central banks globally added another net 77 tons to their gold reserves in January."

It was a 192% month-on-month increase from December and above the 20-60 ton range of reported purchases weā€™ve seen over the last 10 consecutive months."

Currency reset šŸ§µ

1/8
"Total central bank gold buying in 2022 came in at 1,136 tons. It was the highest level of net purchases on record dating back to 1950, including since the suspension of dollar convertibility into gold in 1971."

2/
A main driver of central bank appetite for gold in 2022 was the West's sanction of Russia's FX reserves.

Countries are looking to de-risk themselves by storing value outside of $-denominated assets.

Neutral reserve assets such as gold reduce their counterparty risk.

3/
Read 9 tweets
MacroJack Profile picture
Mar 7
The best-kept secret of the Ruling Class.

You are a prisoner of their monetary system.

A thread on the destruction & despair of fiat. Image
2/ The fiat monetary system is a corrupt system built on a foundation of theft.

Many people sense there's something wrong with the world but don't understand
it's the broken money.

Stuck in the Fiat Cave, prisoners of the monetary system, distracted by
politics. Image
3/ The Fiat Ruling Class uses its propaganda arm, the media, to divert attention
to the "current thing."

Always something new to keep the masses divided.

Yet, behind the scenes, an oligarchy steals our time via currency debasement,
destroying our quality of life. Image
Read 19 tweets
MacroJack Profile picture
Feb 28
The centralization of our food supply is a threat to our health and our food security.

Here's what you can do about it. šŸ§µšŸ‘‡
Farm consolidation has been underway for some time.

Accelerating in the mid-1900s as we moved toward the factory farm model, enabled by the industrial revolution.

Productivity increased dramatically for those farms with the capital to purchase cunning-edge machinery.
Larger farms became more efficient, while smaller, family-owned farms lagged, which led to mass buyouts.

Over 100+ years, the US food supply has become more centralized.

The # of farms has decreased precipitously, leaving more control of our food in the hands of large corps.
Read 18 tweets

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