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Dave aka Geezermann's avatar

Love getting these in my inbox. Just a quick comment about Ukraine/Russia - Since shortly after Russia began its operation, I had no qualms about supporting them. It was clear from the beginning that if politicians and "social media", and "state media" (pbs,npr) all spouted pro-Ukraine propaganda, and touted Zelensky as a victim, not a nazi puppet, then the opposite must be closer to the truth.

I only wish I had obtained a bumper sticker showing my support for Putin and Russia. Or better yet, a large flag for my porch.

By the way, be sure to listen to Devin Nunes' interview today with Dave on X22 Report.

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Pluribus's avatar

Excellent perspective as always.

I think it’s important to bear in mind, just as you caution, that all the “messages” coming to us from macro events (not to mention both regime and sometimes MAGA media eg Bannon) can have strategic purposes which may diverge widely from the actual reality.

One, in particular, is the now almost constant alarm that the American dollar is on life support.

I would beg people to see that all the real and tangible evidence points to the opposite conclusion.

Of course it makes for a compelling narrative that American global economic and financial power is now zero, and that the approaching dollar doomsday scenario is now locked in.

It’s a very useful whip with which to continually flagellate the Globalist Crime Syndicate, and its most visible supposed contract employee Joe Biden and his merry gang of goons who are allegedly running the USA into the ground.

First let me illustrate some of what’s actually going on with the dollar. June 30, 2023 marks the day on which the last of the major Eurodollar fund balances (priced in offshore controlled euribor or libor) will have been shifted into the US controlled SOFR pricing system.

Readers can google these terms for a long and winding explanation and definition. My summary is that, historically, the enormous Eurodollar offshore balances were funds OUTSIDE the control and even eyesight of the US Fed.

Ultimately this meant that, over decades, a significant threat to the stability of the US financial system and economy had been almost exponentially growing in jurisdictions outside the USA. To the tune of many dozens of trillions of dollars.

From The Street website:

“This defined conversion process and fixed spread mean that any market participant trading a Eurodollar futures contract that expires after June 2023 effectively has exposure to the corresponding SOFR futures contract plus a spread of 26.161 basis points.”

What this means, in unopaque language, is that essentially all dollars balances (debts and assets) anywhere in the world are now under the direct supervision of American regulators.

It also means that any currency alternatives to the US dollar will face an enormous disadvantage when it comes to pricing any kind of large debt or asset. ( Because valuing present or future money flows requires a stated real interest rate.)

These moves, which represent a genius level master stroke by Devolution employee J Powell, suddenly reveal the rationale for Trump bringing the Fed into the Treasury way way back in 2019.

I have in other posts described the vast size of dollar-based financial transactions compared to other currencies, the yuan and the ruble included.

The yuan is further castrated from ever being a reserve currency because of legal conversion restrictions imposed by Chinese authorities. If they ever remove these the yuan will likely devalue by 95%, which would destroy China.

So the dollar ain’t going anywhere.

However, future and likely imminent “improvements” to how the dollar is valued are also inevitable (such as a hybrid gold backed scenario, which is IMO one serious possibility).

Second, all the other drama to which we are being exposed (hyperinflation, debt ceiling etc) will be reversed relatively easily.

Trump himself has said this on more than one recent occasion.

The secret here is, and always has been, America’s gigantic energy supply. Larger than Saudi Arabia by large margin. Enough for more than 250 years, some estimate. Reduce the cost of energy and everything springs back into balance like magic.

If all that’s really the case, then much of the potential panic Americans could have about the long term future of America’s global status is unnecessary.

It’s also why I sleep very well at night.

Now a major risk is that “Operation Wake Up” (my term) to which the American people are currently being subjected, may require significantly more draconian suffering to happen, given how deeply the majority continues to slumber in the hypnotic dream which the enemy machine has been able to conjure up so effectively for so long.

That’s why we were told beginning, in 2020, by various MAGA communication resources to prepare for extremely difficult economic times (food, gold etc).

All that may yet be sorely needed, because the enemy remains, essentially, large and in charge. That must be forced to change by turning basically the entire global population against it.

Which may require much much more punishment of the people. (Anyone seen the videos of an army of military dressed completely in black with no faces visible wearing reinforced armor beating up French protesters this past week?)

But I continue to firmly believe all will, in the end, truly be well. And relatively quickly.

We must just keep our heads and our wits about us. Fear is the mind killer. Survival is key, and we must do whatever it takes to ensure that.

MAGA 🇺🇸👍

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