The Federal Reserve is set to tighten credit in the United States to curb inflation by raising interest rates.  Will such maneuvers have a positive impact on the economy?  Let’s take a look at a section in Chapter 5.1 of my book where I talk about the history of the Federal Reserve and patterns of behavior by those in control of the money supply.  Keep in mind, I wrote the first paragraph below in 2019, before the Pandemic, and then added the second paragraph shortly after the trillions of dollars of Covid stimulus money were thrown into the economy:

        “One pattern of behavior of the banking masters has remained consistent over the last 250 years.  And the pattern goes a little something like this: the printing of fiat currency and then channeling it into the market, followed by economic expansion, followed by inflation, followed by contraction, and then ending at panic and recession.  Prices of assets fall, and those seated in favorable economic positions amble in and acquire those devalued assets for pennies on the dollar.  The fleecing of the flock, the “culling of the cattle,” the “flipping upside down and shaking the change out of trousers” – it’s repeated over and over and over again.  Whether through inflation or recession, the “money powers” consistently find ways to vacuum up society’s wealth and maintain their dominant positions over the masses. 
        And now, consider the tremendous amount of money being borrowed by the government to fund activities related to COVID-19.  The more loans that are taken out and the more cash dumped into the economy, the more money that is gained by wealthy interests through fractional-reserve banking, interest, and inflation.  Now, I might argue that economic relief packages are necessary to stymie domestic suffering, but the banking interests and their allies become the ultimate victors in this game.  And the average, hardworking American becomes the victim, not only of COVID, but also of legal theft and having their wealth pilfered through hidden means.
        It’s truly a sneaky, and sinister, operation…”

So, step one, we saw trillions of dollars printed and poured into the economy throughout 2020 and 2021.  Step two (I’m skipping economic expansion), following the irresponsible printing of money, we’ve been seeing incredible inflation.  And now step three, the Fed will begin tightening up credit, and they plan to do so multiple times throughout 2022.  Now, economists have been talking about a looming recession for quite some time here, but if we follow the patterns over the last couple centuries, it would seem we should be seeing some sort of economic hardship fairly soon.

Also, consider the conflict happening over in Eastern Europe between Russia and Ukraine.  If Russia decides to halt oil exports to European countries, that could cause a ripple effect that could potentially see gas prices increase in the US, which would put an even bigger strain on the American economy – effects would be more significant for those in the middle and lower classes.

Another also…let’s look at the activities of the “Freedom Convoy” in Canada.  Economists have speculated the disruptions in the supply chain could contribute to the 40-year-high inflation, putting an even BIGGER strain on the wallets of average Americans.

A third also…if we end up going to war or get involved in some way with the Russian-Ukrainian conflict, that will likely lead the Fed to print even more money to fun operations.

Considering all of the factors above, and there are more I haven’t mentioned (Universal Basic Income for one), we might see the value of the US Dollar take a greater hit in the coming months or over the next year or two.  Luckily, the US Dollar is essentially the world currency, but…

Now, this is just speculation on my part here, but if world leaders in conjunction with the World Economic Forum endeavor to bring their “Great Reset” plans to fruition, a significant devaluation of the US Dollar could incentivize the introduction of a new form of money that could serve as the world’s currency.  Maybe even a singular, uniform currency fit for the entire world.  Could that single, one-world currency be Bitcoin?  Might it be some other form of centralized, electronic money?  I don’t know for sure.  But the stage might be set for such a transition considering all of the activities listed above and more.

What do you think?  Am I missing a few more screws than previously thought?  Am I misinformed?  Am I fear-mongering?  Is this all conspiracy theory?  I don’t know.  Time will tell I suppose.

You can read more about the Federal Reserve and its history in Chapter 5 of my book – The Pit:Transcend Money, Save the World.