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May 2, 2019 | Watch: Fed Will Lower Interest Rates At Next Meeting (June)!

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.

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Our Fed Chairman has kept interest rates on hold (for now) and the markets slide downward. What will happen at the next Fed meeting in June? I predict that Mr. Powell will lower rates. Why? Our economy is slowing and deflation is emerging in real estate and the auto sectors. By June our Fed will wake-up to these realities and LOWER rates. Watch!

 

Many pundits are now coming out with new ideas for pumping up our economy. The concept of MMT (Modern Monetary Theory) is the talk today. MMT will mean that our Fed will purchase assets directly and this will avoid the need to lower/raise interest rates to adjust economic activity. Money can now be created by merely ‘typing’ new money numbers into the computer. What a change from yesteryear!

 

Japan is the best example of Central bank pump priming to keep their economy from collapsing. Japan buys government bonds, corporate debt, and equities so as to keep their economy from collapse. Interest rates are negative. Central planning is done behind closed doors and few comprehend what is happening. Japan uses MMT and I predict that America will do likewise soon. Watch as interest rates are lowered in June and then the next step will be MMT (digital money creation to buy assets directly).

 

QE was a program which enlightened everyone to this idea that money can be created in unlimited amounts directly by our Central banks. Some $21 trillion of QE has already been created (since 2008) and the next step is for governments to ignore all the DEBT and the DEFICITS and promote MMT (digital money creation to buy assets directly). Socialism is coming to our World via the central planning of our Central banks and our government policy-makers.

 

Those who discern what is happening are now promoting various forms of Socialism. Why not…as money can now be created via a central planning authority (and out-of-nothing). Our world economies are now under CENTRAL PLANNING. Unelected technocrats are running the world system. I see this in Europe, Asia, Latin America, Africa, and the U.S.A. Central planners operating BEHIND closed doors run our planet.

 

Mr. Trump is no different from all the prior Keynesians. He wants to be re-elected and the economy is key to this outcome. Mr. Trump could care less about our growing debt and deficits as long as money flows to his cronies who support his vision of the world. Expect the rich to get richer and the middle class and poor to get poorer. The trend is obvious and it will continue until the entire HOUSE of CARDS collapses.

 

Human nature does not change as long as leaders can perpetuate their visions via more money creation schemes. Money rules this planet and those with the money will continue to rule until the house of cards collapses or a major nuclear war ensures to change the thinking of our people. We are heading for destruction but those who lead us do not discern their own behavior. Look at Venezuela for a model of what is coming to America and the world!

 

Democracy is nothing more than MOB RULE. I see this in Venezuela today. Both Mr. Maduro and Mr. Guaido can not prevent the collapse of Venezuela. Their thinking is the problem. Socialism can not bring a country into prosperity and stability. Socialism is a form of CENTRAL PLANNING (from the top). This mindset leads to stagnation and civil war. It leads to a situation where everyone gets poorer. We need NEW THINKING so as to create real growth, freedom, and prosperity.

 

The world system needs to be DECENTRALIZED. Small is beautiful is a mantra that needs to be promoted. Problem solving by small groups led by free individuals is my model for change. Kingdom Economics is based upon a decentralized world system. People come first and money is eliminated. Money is really an imaginary image. New thinking is needed now so that this model can emerge after the coming COLLAPSE.

 

Think for yourself to discern what needs to happen. Watch Venezuela for ideas which will NOT work. Watch Trump and his cronies for ideas which will NOT work. Watch Putin and his ideas for that which will NOT work. Watch Jinping and his ideas for that which will NOT work. Watch AOC, Biden, Sanders, Harris, Warren, Maduro, Guaido, etc. for ideas which will NOT work. Socialism leads to Communism. Think about what is now emerging on this planet. Get involved by changing your THINKING!

 

Enjoy! Have a great day! I am: https://kingdomecon.wordpress.com.

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May 2nd, 2019

Posted In: Kingdom Economics

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