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June 21, 2018 | Draghi Says “First Interest Rate Increase Could be Pushed Back”! Why?

Donald B. Swenson: Born January 24, 1943, Roseau, Minnesota. Graduated H.S. 1961, Moorhead High, Minnesota. Graduated College 1968, Moorhead State University, Minnesota. Designated member of Appraisal Institute (MAI), 1974. Employed with Western Life Insurance Company, 1968 – 71; Iowa Securities Company, 1971 – 73; American Appraisal Company, 1974 – 81. Part-time teacher/valuation consultant/bartender, 1979 – 2008 (taught workshops at Waukesha County Technical Institute, Wi. and Madison Area Technical College, Wi.). Retired 2008 (part time teacher/blogger), AZ. Self educated economist/philosopher/theologian: http://kingdomecon.wordpress.com.

This Central Banker rules over all the European financial markets! His policies will determine interest rates and asset growth in most of Europe!

This Central Banker rules over all Global Markets with a currency called the ‘Dollar’! Some 85% of all trade involves $ transactions and $ debt!

Our Central Bankers have been meeting over in Sintra, Portugal. These elites are revealing that they are now worried over the disruptions being caused by Trump trade policies. This is huge information as our Central Bankers rule over all finance today. Jerome Powell, Mario Draghi, Haruhiko Kuroda, and other select Central Bankers are meeting and revealing their concerns. The new words are ‘considerable uncertainty’ is appearing for our digital/cyber markets. See WSJ article, Tuesday, June 21.

 

Our Central Banks use the words ‘data dependent’ for their future policy decisions. This means that if markets start to stumble and crash, these select elites who control the computer money for the planet, will change their policies (instantaneously) to re-liquify the markets. The tools are lower interest rates and new QE stimulations. Japan’s current balance sheet is set to exceed their nations annual economic output (GDP). Why? Japan’s Central Banker, Mr. Haruhiko Kuroda, has been buying financial assets for years to pump up this dying economy. Mario Draghi of the European Central Bank has been doing similar.

 

Other Central Bankers who have used this digital QE stimulation policy have been the U.S. Fed, the Bank of England, the Swedish Riksbank, and the Peoples Bank of China. Today, these select elites (operating behind closed doors) can pump up our digital markets via their trading activities and their money unit creation out-of-nothing. Money from heaven is my word for their policy actions. Digital money is merely ‘typed’ into accounts via a computer entry. Money emerges from a banker’s thinking. We live with Central Planning all over our planet today. Few comprehend!

 

As I write, the consumer-sentiment index, reveals that all these Central Bank stimulations since 2008 have worked (mostly). Consumer sentiment was at 57% in late 2011 and today it is near 100% (99.3%). This sharp growth these past 7 years was primarily due to our asset inflation within all our global digital stock markets. Stock investors have recouped all their losses from the 2008 financial crisis (mostly) and they are now living with elevated confidence (as of today). All this is about to change, however, later in 2018 and certainly in 2019.

 

The University of Michigan consumer sentiment index (a measurement of consumers financial emotions) has risen due to consumers’ more favorable assessment of their current financial situation and more favorable views of current buying conditions. But wait: the Consumer Expectations Index (that which is emerging in the mind of consumers) has declined to its lowest level since the start of the year due to less favorable prospects for the overall economy (going forward). This index is now at 87.4% and declining. What is the problem?

 

What we need to recognize is that we all live in the NOW (real-time reality) and we change our sentiments with a change in current market conditions. Market conditions are now changing daily as Trump economic policies challenge the status quo thinking of other nations. Trade tariffs and Fed interest rate increases are changing the marketplace significantly. Emerging markets are starting to decline. China is worried over U.S. trade tariffs. Canada is worried (is lowering interest rates as I write). Mexico is worried. Europe is worried (this economy is slowing). Emotions are filtering down to the public.

 

Real estate growth has been strong for the past five years. House prices have increased and this reality has given people a feeling of a ‘wealth effect’ that produces financial confidence. All is well here in Marana, Arizona (mostly) and my retired friends and executives are feeling rather confident at the moment. I talk to these retired friends daily to monitor their sentiments. A few sense that all is changing but the vast majority are living with super elevated confidence. The talk of continuing asset inflation helps these thinkers to remain confident. Money in an account gives confidence to a retired person.

 

The meeting of our Central Bankers in Portugal does reveal, to me, that conditions are changing rapidly in these digital/cyber markets of ours. We could witness a significant slowing in trade in the coming weeks and months. We then could witness a slowing in price growth within the real estate industry. Then the auto markets could start a decline as tariffs and pricing become excessive. Is our stock markets about to head South? The Dow could lead the way in the coming weeks and months. Watch the stock markets for signs that a serious crash is coming in these digital/cyber markets. It could happen in one day!

 

Market indexes move today at the speed of light as all our stock markets are digital/electronic and they operate in cyberspace. The Venezuela digital stock exchange crashed in one day last year. It restarted at near zero and is now at 69,105.46 as I write. This is a change of 5,370.93% since January 1, 2018. Will our Central Bank policy makers flood our markets with new digital units (similar to Venezuela)? This could bring stock markets to new highs later in 2018. Or will these elites (who operate behind closed doors) crash all the markets and then RESET all markets with a new digital (singular) currency?

 

Many pundits are now talking about a coming RESET of all digital markets. A new global crypto-currency could be the tool of these elites to restart the markets after a crash occurs. The International Monetary Fund (IMF) could be the new global Central Bank for the planet. See their website:

http://www.imf.org.

The thinking of these elites is that a ‘bumpy road is ahead’. Their mission ahead could be significant (read the words below from their website):

 

The IMF is much more than a lending institution. It is concerned not only with the economic problems of individual member countries but also with the working of the international monetary system as a whole. Its activities are aimed at promoting policies and strategies through which its members (189 members) can work together to ensure a stable world financial system and sustainable economic growth. The IMF provides a forum for international monetary cooperation, and thus for an orderly evolution of the global system, and it subjects wide areas of international monetary affairs to the covenants of law, moral suasion, and mutual understanding. The IMF must also stand ready to deal with financial crises, which not only affect individual members but can also threaten the entire international monetary system.

 

The global international monetary system is soon to change significantly. Prophecy implies that a ‘mark of the beast’ financial system is to emerge in the Last Days. We are now living in these Last Days of man’s rule. Expect that major change will emerge as our digital (fake) markets crash in the coming weeks/months/years. Reality is determined by forces much superior to man. We war not against ‘flesh and blood’ but against powers  in the spiritual realms. Think for yourself and watch as events change via decisions coming from our Central Banks. I am: https://kingdomecon.wordpress.com.

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June 21st, 2018

Posted In: Kingdom Economics

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