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Jim Willie – They are LYING about Inflation, the Jobless Rate and Economic Growth
Why are they lying about Inflation?
If they told the truth they would have to raise Social Security Payments. They would have to raise Bond Yields.
Summary:
Jim says that Robert Rubin, former Secretary of Treasury was the one who started the lies of the CPI – Consumer Price Index.
They are lying about inflation, the jobless rate and economic growth.
Jim says get your money out of the banks, but Credit Unions are not involved with derivatives. Credit Unions are not obliged to BAIL out. The bank regulated came to a particular credit union and asked for their Cooperation when they do the Bail in’s for banks. The credit unions are not going to need to steal people’s money.
Jim says that “Big Mike” might run for president as he says Biden is likely done. He says the Witch, Gretchen Whitmer may end up being a candidate.
Jim says that the CIA basically bought Columbia and bribed all their politicians.
The CIA had $3 to $4 Trillion dollars that they needed to do something with. They move their DRUG money into the stock market. They buy up Facebook and Google to control and use them for their own purposes of spying and censorship.
They invested in Amazon so Amazon could buy the Washington Post.
Swiss Banks help the CIA launder their dirty drug money.
Jim says that people who make it to Billionaire status are not asked to join the club, they are TOLD to join the club. George Carlin was right, it’s one big club. It is a Satanic Cult of some of the Wealthiest people on the planet.
Jim says that Wells Fargo may go down? Someone who was in on very important meetings he said, it looks really bad for Wells Fargo, they dumped their real estate mortgage business. In early 2022 they sold a 50 story triple A office building, that was a good asset for them, that may be a hint they needed some cash. Are they really struggling this much?
Jim says he recommends buying silver.
Jim says the banks are just borrowing too much money with nothing to back it up as collateral. They just don’t have the money to pay the debts back. They borrowed way too much from their “book values.”
It is either deliberate or they just don’t plan ahead at all. Jim says they may just be stupid. IDK.
Jim says that some banks are paying back debts by selling or shutting down some of their branches.
We are about to enter a period where it becomes very clear that the banks do not lend money. They are involved in Fraud, but the “fraud” is legal as the regulators gave them the rope to hang themselves and of course they took that rope and climbed the highest tree and now they are putting the rope around their necks.
They no longer need to keep 10% of their deposits. This was not on the news at all.
On March 26, 2020, during Covid Lockdowns the Fed REDUCED Reserve Requirements to ZERO, from 10%. The 10% was already too little. Why did they do this?
Other countries with ZERO reserve requirements are: Canada, Sweden, Norway, New Zealand, Hong Kong, Denmark, and Australia. Lebanon and Nigeria are the highest with 30% and 27.5%.
That means the bank can lend out 100% of the money they receive. 100%.
If you get morons running a bank that gambles all the money away like this, then that bank will lose it all when they decide to pull the plug on the market, which they WILL. They have been luring in banks for 15 years to mismanage their funds by artificially keeping the market at all time highs.
It’s been nothing but roses, and even then many banks have mismanaged their money so bad.
You add in another factor, you have the CIA with Trillions and Trillions of dollars in
banks all throughout the USA in fictitious shell names and when they begin pulling it out they can select what banks survive and what banks collapse.
But the Federal Reserve is setting this all up by allowing the NO Reserve Banking system, forget about the already disastrous fractional reserves system, now it’s not even a fraction, its ZERO.
Is that not CRAZY?
It is a PLAN. And there are always enough greedy bankers in this world that they install in those leadership positions to ruin it for everyone.
What happens when a bank doesn’t have enough cash on hand? First they contact other banks to get a short term loan. If that doesn’t work they contact the Central Bank. The central bank then can say yes or now after their initial risk evaluation. If they say no, there is one last resort and that is to ask the Federal Government. This was called “bail outs” using tax money to bail a bank out of debt. But, I believe the federal gov has said no more bail outs, so they have inserted laws in that says if another 2008 situation happens that the Banks can LEGALLY do what’s called “Bail Ins” which is taking funds from investors of the banks and depositors.
They have sneakily inserted laws in that say investors no longer OWN their stocks, they just get to benefit from the dividends and stock appreciation, and they also are at risk of losing all their investments as banks can take those stocks as the new laws state the purchasers no longer have ownership, but the ownership stays with the banks (f*cked up I know) and in case of emergency they can use this to cover their asses.
It is no longer like the good ole days when you owned a piece of the bank.
They sneak these laws in bundles in which there is no way that a representative can go through and understand what is in these packages. That is really how our politicians are controlled.
This brings the question as to whether your money is safe or not? I don’t think we know for sure at this moment, but if bank runs do occur, we will certainly find out.
The government and the central bank already know what banks they will save. I have not seen which ones they are though.
They ALL are involved in Fraud. It is like one crime family covering another crime families a$$.
Building 7 from 911 had a lot of derivative data. Somehow that building went down too.
Jim says we are in uncharted territory right now.
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SOURCE: Dr. Jim Willie -- https://rumble.com/v4fxcw5-dr.-jim-willie-w-untoldhistorychannel-state-of-world-thru-jims-eyes.html
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END. 3/4/2024.
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