I can’t explain why, sometimes the research-curious mind of mine takes me places, almost always great stuff, but here’s a strange one.
I’m on a plane, bored in the last 30 minutes of the ride, I open the airline’s app, thinking, “I wonder how easy it is to complain” and I see an option Carrier Contract.
Hmmm, what’s in there?
Many of the first pages are definitions and one caught my eye because of one of the terms used, “Forces Majeure.” Which could be interpreted plainly as, massive destruction to the norm (could be caused by God -like; the plague, famine, drought… the Democrats). When Horrific things happening no one person or entity could control.
Below is a bit of the definition in the Carrier Contract:
In my opinion, our government’s ideas for managing our living, our way of life- proven to be a massive destructive force.
Some of their top hits: Prohibition, yah, take the country’s booze away because I’m sure that’s what the people wanted. Duck and Cover- hide under your desk in case of a nuclear attack from the Soviet Union. Printing 35,000,000,000,000 (trillion) US Dollars, sending American families into peril, as great jobs left for overseas. Thus making it virtually impossible for perhaps 60% of our people to innately enjoy life here. Lastly, how about Obamacare? I am all for everyone having healthcare, but the government cannot make that happen at any level of excellence – at least it hasn’t done so yet.
And half of you will be disappointed and half happy as hell this November. But please realize one option is for wildly expanding this $1,400,000,000,000 (trillion) annual payroll sized government and the other is for shrinking it.
Watching this procedure for choosing the next President is saddening as hell. Close your eyes and imagine looking down on this process with our Founding Fathers. Do you think George Washington would like what he sees?
Definitely vote this November. But realize for half of us the outcome is mostly futile. The swamp cannot be drained from the inside AND the artificial money creation machine cannot be turned off. For the other half, they’ll get the ultimate shot, because the Democrats need continuity of power to shove the remainder of their plans down your throat.
Why is printing excess amounts of US Dollars so destructive? Because everything on Earth must come from something. The ungodly sized amount of money issued out of thin air every damn day, comes from the internal value of the dollar itself. Once worth 100 cents, worth 56 cents in 2000, today is worth 2.7 cents.
US Dollars are fast becoming the ultimate empty calorie in the American diet.
The Democrats will print that to utter worthlessness and as it goes once the artificial money machine runs out of that dollar resource, well- what was it supporting?
Close your eyes again and imagine you and ol’ George Washington looking down on America - everything you see is supported, propped up, functioning, because of that dollar issuing bonanza.
I believe in leadership matters. I believe in the importance of voting… AND I believe that this crazy economic charade is well beyond just an election.
A recent newsworthy event displaying government ineptitude or just falsehood, JPMorgan Chase. On July 17, 2024, they issued a late-night press release challenging the Federal Reserve’s recent stress test results on the US financial system to see how they’d ‘do’ during an enormous financial outage. The Fed apparently overestimated a key income measure, leading JPMorgan to assert that their potential losses should be higher than the Fed projected. Higher losses - just what we all want to hear in this economic climate.
JPMorgan's projections show a staggering $107 billion in potential loan, investment, and trading losses. This discrepancy could delay their share repurchase plans, leaving us all on edge. And they’re not the only ones. Last year, other major banks had similar issues with the Fed’s opaque and, frankly, confusing testing process. Is it any wonder people are losing faith in fiat currency when our supposedly solid financial institutions can’t even agree on their own fiscal health?
Meanwhile, the U.S. Treasury Secretary is sounding the alarm as nations worldwide begin to move away from the U.S. dollar. Our ballooning $35 trillion debt isn’t exactly inspiring confidence, and Team Biden/Harris weaponizing our money since Russia invaded Ukraine the rest of the world watch principles evaporate for near sighted government attacks and has run.
The dollar is money, for as long as it can last. Do the math, 56 cents in 2000, 2.7 cents today, divide 53 cents by 24 and you get an average of losing 2.2 cents a year in value.
Ooops. That math might be The Force Majeure- government regulation, government decision making, government destruction - we should be worried about.
The reason gold is good, here and now, is because it isn’t money. If gold were ever to become money again, you’ll be damn happy you have as much of it as you can choose to.
***If you want to argue with me or tease me about my wardrobe choices - go ahead. Comment. Let me know what you think. I read all the comments and I’m always hoping to learn something new.