Inflation: The Central Bankers' Biggest Lie and Why It Will Lead to Financial Disaster.

in money •  8 years ago 

In this report I cover some of the headlines reported today by the mainstream media in relation to the Bank for International Settlements 2017 Annual Report.

The BIS is the central banks' banker. They are warning that despite low inflation central banks need to raise interest rates. They warn that wages and low unemployment cause inflation.

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Fed is biggest source of FAKE news

@hackerwhacker I agree!

Great vid, enjoyed watching !! thanks for sharing, will follow you, please keep me updated !

Thanks @chrizbiz.

BIS - this is all I need to see for my blood pressure to start rising :-)

@veleje The feeling is mutual!

  ·  8 years ago (edited)

home of contrary and alternative view :)

Very informative video! Do you think that the US Fed can afford to be raising interest rates? Even if it is bit by bit, it would still increase the interest the US government owes to its debtors

At the moment the cost of long term (10 yr and 30 yr) borrowing for the US government has actually gone down since the Fed started raising rates in December last year.

Oh I just googled it, yes you are right! But isn't that the opposite of what should be happening? Or what other variable has an impact on long term US treasury yields? other than pure human psychology

Longer term rates are affected by investors expectations of future inflation but I think investors buy into the central bankers' deception that inflation is low. Investors also think that by the Fed raising the short term rate that will weaken the economy going forward and that it will result in lower inflation. I personally don't buy it.

Okay I see thanks for explaining. Because in the Investor's view, low short term rates bring about high future inflation where higher short term rates bring about higher inflation but what is actually happening now is a sort of deflation even with the low short term rates. So thats whay I cant understand how the FED can be raising rates with the current low inflation, but your video delves into that. Looking forward to the next video!

BIS = Mafia syndicate
So sweet that you still have your dads dictionary :)
Thanks again for a interesting video.

Thanks @openheart

The BIS is just another banking cartel on steroid. Absolute power corrupts absolutely.

Hi Maneco64, love watching you on Youtube. Inflation is slowly stealing the purchasing power of the poor. Those with assets seem to benefit greatly from this. This mode of theft enslaves the common people. I was talking to a proffessor of Leeds University. He got very upset when i said inflation is not increase prices but increase in currency supply.

@valorisation Looks like the Leeds professor has been brainwashed too!

This is an excellent video, thank you.

I've always scratched my head about why central banks have inflation targets and promote a level of inflation as a good thing. It's totally nuts.

The general public are conditioned to believe that inflation is normal and expected. Part and parcel of life.

When you google 'inflation' the promoted top article is the Wikipedia definition, which starts as follows:

"In economics, inflation is a sustained increase in the general price level of goods and services in an economy over a period of time.[1] When the price level rises, each unit of currency buys fewer goods and services; consequently, inflation reflects a reduction in the purchasing power per unit of money – a loss of real value in the medium of exchange and unit of account within the economy.[2][3] A chief measure of price inflation is the inflation rate, the annualized percentage change in a general price index, usually the consumer price index, over time.[4] The opposite of inflation is deflation."

Only much further down in the definition do they mention money supply.

There is clearly therefore a deliberate long term coordinated plan by the central banks to mislead and misinform the general public in order to deflect attention/blame away from themselves and the debt based fiat monetary system.

People sense that something isn't right economically, but few of us are on the right track to identifying the problems. All the false inflation and employment numbers are becoming so blatant nowadays too.

How many times do you hear a political candidate even mention the inflation scam and correctly attribute it to the failed monetary system?!

Anyway, a long comment to your video, so sorry about that.

Thank you for this post. Way too many threads coming apart at the same time right now, difficult to see how we can avoid a major reset in the near future.

@stevespring You are welcome. Thanks for watching my video.

Webster’s New Collegiate Dictionary copyright 1956: Inflation: 1. An inflating; state of being inflated. 2. Disproportionate and relatively sharp and sudden increase in the quantity of money or credit, or both, relative to goods available for purchase. Inflation always produces a rise in the price level.

This old dictionary confirms what you have said.

Thank you @maneco64 for your posts.

Adam Lebor wrote a book about BIS. I have not read it, Have you?

In Venezuela we are suffering hyperinflation, as consequence of irresponsible monetary (in general economic ) policies.

Yes I have read the book.

You took the words out of my mouth @maneco64. Great video, well spoken. I posted this few minutes ago, basically exact same point, different angle.

Upvoted & followed. Cheers!