CoverJunkies is an Online Trading Information Site
Be Informed with great Knowledge
& Tools on how to begin
Day Trading in Stocks & Crypto.
Videos Updated Daily
Gregory Mannarino TradersChoice.net
Central Banks have Declared WAR On We the People.
By Gregory Mannarino TradersChoice.net
So, what is really going on here?
Today there exists a state of WAR between world central banks and the citizenry of the world.
This central bank-initiated state of war has been a methodically slow, progressive, ongoing movement indeed for decades, as these institutions have systematically and collectively destroyed the purchasing power of their currencies over the course of time. But today, this is accelerating at a staggering pace.
In some respects, one could argue that central banks are in a race to the bottom, to see which one of these institutions can pull the purchasing power out of their respective currencies faster. But the truth is, central banks are working in concert to collectively devalue the overall currency pool. (Overall currency pool is defined as all central bank issued notes in aggregate).
Today every manner of deceptive tactic and misinformation scheme is being utilized and instituted as propaganda by the mainstream media outlets, in what seems to be a very effective campaign to convince people of blatant falsehoods. With reference to inflation, the public was sold the “temporary” or “transitory” lie, which then evolved into several episodes of “inflation is peaking.” When each of these narratives was proven to be 100% false, yet another term needed to be found and used, and todays catch phrase is “disinflation.”
Disinflation is a term which is generally unfamiliar with the average person, now being utilized by design to keep people confused. The definition of disinflation is “a period of slowing the rate of inflation.” The current disinflation narrative will be followed up by some other false storyline at one point as well, as central banks continue to inflate. Understand, central banks have no intention whatsoever to stop or reverse inflation.
THE SINGLE GREATEST POWER OF ANY CENTRAL BANK IS THEIR ABILITY TO INFLATE!
And they will NEVER surrender that power. The more debt a central bank issues or is called upon to issue, the stronger they become.
What central banks are currently involved in is a deliberate effort to crush the economy, and they are doing this by incrementally increasing pressure on the consumer. As central banks continue on their mission to raise rates, this hurts demand by hurting the consumer. The fact that central banks, again collectively, have vastly overshot their inflation targets is no accident.
Rapidly rising inflation has given central banks a major opportunity. Central banks have been on a debt creation/debt issuance/debt buying binge ever since the last meltdown, creating many trillions of central bank issued notes disbursed to a world addicted to easy money. Central banks knew full well what they were doing was setting up an environment in which inflation would eventually run rampant- And that is exactly what we have today.
Central banks war on the people of the world is still in its early stages as continued pressure on the consumer will be increased in order for these institutions to solidify their position as THE lenders and buyers of last resort.
Since their inception, central bankers have had but ONE goal- to one day OWN THE WORLD.
Our Favorite Crypto Gurus
Get the latest Crypto updates. Learn what the Gurus recommend. The latest Trends and forecasts. Visit their Website / Facebook to view all their videos, information, discounts and links. Videos Updated Daily.
PERSONAL UPDATE: My personal view on 99% of these Crypto fakes is that they are nothing more than content creators making money off of your views. Are they ever right in their analysis? Not really, they always give their general opinion that the market can go up or down - NO SHIT. Pay attention to them at your own risk.
My personal favorite one is Crypto Mobster because at least he has true explanations and chart evaluations. The Only One I TRUST.
#1 - CryptoMobster
I suggest you get Prepared
ALERT: East Coast of USA- Russian Nuclear Warship
Around 20 data points that suggest we're almost there...