Housing Crisis

The Silent Depression: Unraveling Economic Illusions

Posted on by Helena

THE SILENT DEPRESSION:   No one wants to say it out loud for fear the realization will cause anxiety and chaos and the shuttering of the Biden Regime’s illusion.. The illusion must be maintained at all costs. Algorithm disparities are ignored.   ADP Payroll claims new private jobs for September were 82,000, while the Federal Labor Board claims 336,000 – a discrepancy of over 300%!   The unemployment rate is a similar catastrophe.   But the pretense is collapsing and the Silent Depression is the Result.

During The Great Depression, the ‘average annual salary’ was $1500 -$1800.   A car cost $300-$575, a house cost $3900 down from a high of roughly $7000 in 1929.   From a simple mathematical view, a house cost 260% of a household salary at the height of the Depression.

The median household income in Denver County, Colorado for the Gen Z’ers aged 25-44 is roughly $87,239 – take home pay after taxes is $64,600.   The average cost for a home is $649,000 or 745% of annual Gross Income a 7.5:1 ratio

The cost of living in Colorado for a single person is now considered to be $53,374 – with rent accounting for the greatest cost – $24,000 to $30,000 per year.   The average monthly car payment is $716 or $8600 rounded.   Groceries are $7000.   But affording to buy a home at a price point of $649,000 with mortgage rates hitting 8%?   Including Taxes and Insurance – the monthly cost in Denver is $4680, annual $56,160, with a downpayment of $130,000 cash.    Obviously, the cost of living does not include – ownership.

Pricing people out of purchasing homes across the country means the housing market comes to a standstill, because the vast majority of occupied homes were bought when interest rates were just 2.5% and values were $550,000.

The largest differential in the comparison of today vs The Great Depression is that prices across the board tanked upwards of 60%, including the basics, food, housing, gas, and cars.   Today, prices continue to rise superficially. And as a result, people are getting pushed into insurmountable debt.

The fact that housing and material goods have far outpaced salaries has nothing to do with the mantra of supply & demand. There is no shortage of houses.   In Denver, the vacancy rate for apartments is 5.6%.   There are roughly 3500 homes for sale with buyers sitting on the sideline and sellers coveting what they have.

The illusion that all is well with the economy is to keep people overspending.   As long as people are led to believe everything is good despite 25% – 50% inflation, the hypnosis belies reality and people continue to spend themselves into debt.   Don’t worry – Be Happy!

It is the exact same mantra employed by the Federal Government in their own spending spree!   With debt now standing at a whopping $33 Trillion – 123% of GDP – monthly interest rate 2.92% = which results in a NET Payment of $745 billion in 2024.   All of which hinges on The Federal Reserve.   The same Federal Reserve tasked with balancing the budget and maintaining a noninflationary economy… The same Federal Reserve that has reduced the purchasing power of a dollar to just 4 cents since their inception in 1913.

The same Federal Reserve that gave us The Great Depression and should have been dissolved on the spot for gross mismanagement.   And the same Federal Reserve that supports The Great RESET to cover for their massive Ponzi Scheme that has broken the back of the US economy.

Put in smaller numbers;   imagine only ever paying the interest on your credit card while continuing to spend more on your credit card and never paying the principal?   Your entire lifetime times 3 generations.

In essence, the Federal Reserve redistributed that 96 cents on the dollar to them self, which is how the elite of today were created and the income discrepancy became so vast and the power became more collectively communist.   In Bolshevik USSR this led to famine, particularly among urban dwellers who produced nothing.

The only means for this disparity to not occur would be for every aspect of the economy to move at the exact same rate increase, or not move at all.  

Never going to happen under ANY form of government.  Because, government by its very definition is a power vacuum built on greed. Leading to boom-bust societies and civilizations.

The concept of the RESET or Omidyar’s Five Pillars or Protocols of Value, are utopian on paper and fail to take into account the sloth of greed which corrupts every society from societies beginnings.   Certainly abolishing the military industrial complex would mean that the efforts to build rather than destroy could be harnessed to focus on prosperity.   But prosperity means income inequality. Always has – always will.

The price of gold since 1930 has risen roughly 6,300%.   But the price of a house has risen 21,667% over the same time frame.   FDR artificially levied a fixed price on gold at $35 per ounce where it flexed to $45 until 1971 when all hell broke loose.   At this point, the dollar was clearly becoming worthless and commodities became the only means of preserving some wealth at all.

In 1960, the average wage was $5300 and the average home could still be bought for $11,900 – a ratio of 2:1. The upward trajectory of price increases in housing took off in a complete vertical linear by 1971 with Nixon unleashing the gold index from the dollar, and the dollars value spiraled precipitously downward.  And Commodities ROSE.

As a direct result, home ownership in the US has dropped from a high ratio of 68% in 1960 to 43% in 2023 with 3 million Americans facing the potential of losing their home today.

If wages had followed the same 2:1 linear, a person in Denver, Colorado should have a salary of $325,000 just to be on par with values in 1930 or 1960, ie no wealth increase/accumulation.

All in All, the economy is in fact far worse today than during The Great Depression. Suppressing reality does not change reality.   Creating fake manufactured statistics via artificial algorithms does not comply with reality and perpetuates the illusion.  So YES We Are experiencing a Massive Silent Depression!

And the government, Bankers, and Elite are desperate to hide that factoid because it would disclose the soddy, negligent, corruption perpetrated on Americans by The Federal Reserve and every esteemed government since which did NOTHING to alter this ‘unsustainable’ trajectory.

REPEAL THE FEDERAL RESERVE ACT

Posted on by Helena

Fed Chief Powell explains how his rate manipulations will ‘reset’ the housing market.   Apparently, Powell wants All Americans to own property. But prices have made that American Dream unreachable.   Powell’s brilliant idea:   keep raising interest rates until mortgage rates are so high the housing market will collapse and thus spill over into every other domino industry whereby millions of workers will lose their jobs and have no income thereby allowing them the opportunity to buy a deflated home at a 15% interest rate…

“In early-2020 to combat the financial effects of the Pandemic, the Federal Reserve continued to apply high levels of monetary stimulus to further raise asset prices and support growth.”

Logic:   After causing rising asset prices – aka homes, Powell now wants to destroy asset prices.

Powell is an attorney – not an economist, not a financial guru, not a monetary expert.   As a republican, Powell was initially elected to the Federal Reserve by Obama, and later by Trump. Trump and Powell disagreed on just about every level of his actions. Ultimately, Powell was said to have given Wall Street a Bonus Trend while devastating everyone else.

Now, he is proving that his motives are to literally crash the US Economy completely. Following the exact same principles evoked by Carter, Powell is simply moving faster knowing that was Carter’s largess mistake. Considered one of the worst presidents in history, Carter is/was devoted to the NWO Cult. Powell is another rhino wearing a republican mask.

Federal Funds Rate Increase: So far this year the Federal Funds Rate has risen 3,963%. The Largest Increase in History!

First published in 1955, the purpose of the nongovernment Federal Reserve was to charge rates for the purpose of manipulating monetary supply and policy. The brainchild of six men who met at Jekyll Island in 1910:   “In November 1910, six men – Nelson Aldrich, A. Piatt Andrew, Henry Davison, Arthur Shelton, Frank Vanderlip and Paul Warburg– met at the Jekyll Island Club, off the coast of Georgia, to write a plan to reform the nation’s banking system.”

While these six men declared that monetary policy needed to be instituted at a nongovernmental level to ‘prevent’ recessions, all prior successive recessions were a direct result of banks and linked back to England…

After the installment of the Federal Reserve, all subsequent recessions occurred because of Fed actions as opposed to the actions of English Banks.   “Panics” were now exclusively labeled ‘recessions’. The policies initiated by the Federal Reserve created and prolonged recessions, inflation, stagflation, depressions, and unemployment.

Nelson Aldrich:   Creator of the Federal Reserve.   Creator of Corporate Excise Tax.   Creator of Constitutional Amendment for mandatory Income Tax. Promoted expanded government and regulation. His daughter married John D Rockefeller.

Henry Davison:   A Banker – worked for the Astor Bank and JP Morgan.   Created the International version of Red Cross.

Frank Vanderlip: A banker who became president of what is now called Citibank. Under Vanderlip’s leadership, The FR Act allowed banks to expand internationally.

Paul Warburg:   Born in Germany, the Warburg family was a Jewish banking dynasty.   He married the daughter of Solomon Loeb, significantly expanding his banking cartel.   Jacob Schiff was partner at Loeb. Schiff hated the Russian Empire and financed the Japanese military in the Russo-Japanese War which preceded the Bolshevik Revolution in Russia. Schiff’s father was a broker for the Rothschilds.

The German takeover of the US Banking cartel was cinched by their creation of the Federal Reserve, Federal Reserve Rates via the Federal Reserve ACT..

During Carter’s reign of terror on the US Economy, unemployment rose to 9%, home mortgage rates rose over 14%, inflation was 18%, interest rates rose to 25%, and the economy tanked.

This is the economy Jerome Powell now seeks to imitate!

While the President appoints the Fed Chair and his appointment is approved by the senate – firing him would likely necessitate a reversal of appointment.   Despite the organization Powell Chairs being a nongovernmental private agency, impeaching his term would be a difficult task.   The most likely means would simply be to eliminate the Federal Reserve.

In order to End the Fed, the Congress must first repeal and abolish the Federal Reserve Act of 1913, deregulate commercial banks, and set up a legal framework that supports a free banking system.

Representative Ron Paul routinely introduced bills to abolish the Federal Reserve System, three of which gained approval in the House but lost in the Senate.

SO IT IS POSSIBLE…