Here Is The Stunning Chart That Blows Up All Of Modern Central Banking

Several years ago, when conventional wisdom dictated that to push inflation higher and jumpstart lethargic economies, central banks have to push rates so low as to make saving punitive and force consumers to go out and spend their hard-earned savings, several central banks including the ECB, SNB and BOJ crossed into the monetary twilight zone by lowering overnight rates negative.

Then, year after year, we would hear from the likes of Kuroda and Draghi how the BOJ and ECB will continue and even extend their insane monetary policy, which now includes the purchase of 80% of all Japanese ETFs…

… until the central banks hit their inflation targets of 2%.

And yet, year after year, the BOJ would not only not hit its inflation target but appeared to drift ever lower, as did the ECB, SNB, and any other bank that had gone NIRP, confounding all economists and central bankers: why has this happened if rates were negative? Why were consumers not taking their money out of the bank and spending it, pushing inflation higher?

Nobody had an answer, until in late 2015, we offered a glimpse into what was structurally flawed with this “model”: using a report by Bank of America, we showed that not only had household savings rates not declined in countries with negative rates, they had in fact risen. There was a simple reason for this, as the BIS had highlighted: ultra-low rates may perversely be driving a greater propensity for consumers to save as retirement income becomes more uncertain.

Continue reading Here Is The Stunning Chart That Blows Up All Of Modern Central Banking

What the American Medical Association hopes you never learn about its true history

…Have you ever heard of Morris Fishbein? The University of Chicago’s Center for History of Science and Medicine is named after him. He was editor of the Journal of the American Medical Association (JAMA) from 1924-1949. Oh, and he was a racketeer, too.

Fishbein apparently operated the AMA for the sole purpose of dominating medicine and discrediting anything he could not control. He also masterminded a scam where he determined what products were fit to carry the AMA’s “seal of acceptance” and then accepted money from the manufacturers of those products in exchange for permission to use the AMA seal.

But in reality, the association had no facilities in which to conduct tests of foods or drugs to evaluate their so-called “fitness.” Gaining the seal was merely a matter of paying Fishbein shady advertising fees to feature the products in AMA publications. Those fees were in fact “protection” fees paid to keep AMA membership. As editor of JAMA, Fishbein had full control over what information reached the public and what did not…

Read much more at https://www.naturalnews.com/008845_American_Medical_Association_the_AMA.html

“The Fed Did It” – Riots Across America Are About More Than George Floyd

As we detailed last night, what’s happening to America right nowrioting, looting, pillaging, Americans fighting other Americans and while the media is spinning self-serving narratives that frame the bad guy as Trump, or China, or Russia, or this political party, or that, or some social movementhides the truth that the culprit behind the upcoming collapse of the US is just one thing, the same one that Thomas Jefferson warned the brand new nation about more than two centuries ago:

“I believe that banking institutions are more dangerous to our liberties than standing armies. The issuing power of currency shall be taken from the banks and restored to the people, to whom it properly belongs.

If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered.”

And as RealInvestmentAdvice.com’s Lance Roberts notes, while the murder of George Floyd was both unjust and tragic, his death was the catalyst that lit a powder keg of dissension, which has simmered beneath the headlines for over a decade. …

https://www.zerohedge.com/markets/fed-did-it-riots-across-america-are-about-more-george-floyd

“It’s all Bullsh*t” – 3 Leaks that Sink the Covid Narrative

In recent days a series of leaks across the globe have further shown the “official line” on coronavirus does not hold water.

The science of the coronavirus is not disputed. It is well documented and openly admitted:

  • Most people won’t get the virus.
  • Most of the people who get it won’t display symptoms.
  • Most of the people who display symptoms will only be mildly sick.
  • Most of the people with severe symptoms will never be critically ill.
  • And most of the people who get critically ill will survive.

This is borne out by the numerous serological studies which show, again and again, that the infection fatality ratio is on par with flu.

There is no science – and increasingly little rational discussion – to justify the lockdown measures and overall sense of global panic.

Nevertheless, it’s always good to get official acknowledgement of the truth, even if it has to be leaked.

Here are three leaks showing that those in power know that the coronavirus poses no threat, and in no way justifies the lockdown that is going to destroy the livelihoods of so many.

1. “IT’S ALL BULLSHIT!”

On May 26th Dr Alexander Myasnikov, Russia’s head of coronavirus information, gave an interview to former-Presidential candidate Ksenia Sobchak in which he apparently let slip his true feelings.

Believing the interview over, and the camera turned off, Myasnikov said:

It’s all bullshit […] It’s all exaggerated. It’s an acute respiratory disease with minimal mortality […] Why has the whole world been destroyed? That I don’t know,”

2. “COVID-19 CANNOT BE DESCRIBED AS A GENERALLY DANGEROUS DISEASE”

According to an e-mail leaked to Danish newspaper Politiken, the Danish Health Authority disagree with their government’s approach to the coronavirus. They cover it in two articles here and here (For those who don’t speak Danish, thelocal.dk have covered the story too).

There’s a lot of interesting information there, not least of which is the clear implication that politicians appear to be pressing the scientific advisors to overstate the danger (they did the same thing in the UK), along with the decision of some civil servants to withhold data from the public until after the lockdown had been extended.

But by far the most important quote is from a March 15th e-mail [our emphasis]:

The Danish Health Authority continues to consider that covid-19 cannot be described as a generally dangerous disease, as it does not have either a usually serious course or a high mortality rate,”

On March 12th the Danish parliament passed an emergency law which – among many other things – decreased the power of the Danish Health Authority, demoting it from a “regulatory authority” to just an “advisory” one.

3. “A GLOBAL FALSE ALARM”

Earlier this month, on May 9th, a report was leaked to the German alternate media magazine Tichys Einblick titled “Analysis of the Crisis Management”.

The report was commissioned by the German department of the interior, but then its findings were ignored, prompting one of the authors to release it through non-official channels.

The fall out of that, including attacks on the authors and minimising of the report’s findings, is all very fascinating and we highly recommend this detailed report on Strategic Culture (or read the full report here in German).

We’re going to focus on just the reports conclusions, including [our emphasis]:

  • The dangerousness of Covid-19 was overestimated: probably at no point did the danger posed by the new virus go beyond the normal level.
  • The danger is obviously no greater than that of many other viruses. There is no evidence that this was more than a false alarm.
  • During the Corona crisis the State has proved itself as one of the biggest producers of Fake News.

After being attacked in the press, and suspended from his job, the leaker and other authors of the report released a joint statement, calling on the government to respond to their findings.

If the current crisis was being approached rationally by all parties, these leaks would seal the debate.

Evidence is piling up that the people in charge knew, from the very beginning, that the virus was not dangerous.

The question remaining is: Why are these leaks happening now?

https://off-guardian.org/2020/05/31/its-all-bullsht-3-leaks-that-sink-the-covid-narrative/

Spiro: Health Officials Admit Virus Not As Deadly As Previously Thought: So Why Are We Still On Lockdown?

We have started to see official government health institutions like the CDC, for example, quietly admit that the virus is much less dangerous than what we were initially told. This is good news right? So why are hundreds of millions of people around the world still on some form of lockdown?

Despite the virus appearing to slow down, the agendas attached to the crisis have not slowed.

In this report, Spiro is joined by journalist and broadcaster Richie Allen of the Richie Allen Show to discuss and break down what we are witnessing unfold from the initial stages and potential source of the outbreak, to the new digitalized system of control being rolled out in its wake.

Richie Allen Radio Show
https://www.richieallen.co.uk

Richie Allen Twitter
https://twitter.com/RichieAllenShow

Richie Allen YouTube
https://www.youtube.com/channel/UC9k_-YZ04xSnXTwM5_25L9g

Richie Allen Facebook
https://www.facebook.com/richieallenshow/

Boris Johnson to discuss coronavirus vaccine efforts with Bill and Melinda Gates
https://www.itv.com/news/2020-05-19/boris-johnson-bill-gates-melinda-gates/

Johnson Invites Trump to Attend Virtual Global Vaccine Summit on 4 June
https://skugal.org/johnson-invites-trump-to-attend-virtual-global-vaccine-summit-on-4-june/

Dr. Fauci backed funding for controversial Wuhan lab studying origin of coronavirus
https://nypost.com/2020/04/29/dr-fauci-backed-controversial-wuhan-lab-studying-coronavirus/

UK Health Passport
https://v-healthpassport.co.uk

Global Vaccine Summit
https://www.gavi.org/investing-gavi/resource-mobilisation-process/gavis-3rd-donor-pledging-conference-june-2020

Pentagon puts military police on alert to go to Minneapolis
https://news.yahoo.com/pentagon-puts-military-police-alert-051546322.html

https://www.activistpost.com/2020/05/health-officials-admit-virus-not-as-deadly-as-previously-thought-so-why-are-we-still-on-lockdown.html

Spiro: US On The Brink Of Martial Law As Officials Implement Contact Tracing Methods To Track Rioters

As peaceful protests turn to violent riots, government officials finally admit the protests are being hijacked by organized groups from out of state with the purpose to cause destruction and chaos.

President Trump has ordered the Pentagon to have military police on standby ready to deploy to American cities within hours in an attempt to restore order. It’s the second time Trump has suggested deploying the US military domestically, which is thought to be unconstitutional. The White House cites the Insurrection Act as authorization.

Meanwhile, officials in Minnesota – the origin of the unrest – have stated they are currently using methods very similar to contact tracing to track down networks of out of state protesters, which officials estimate consists of approximately 80% of those engaged in the demonstrations.

Health Officials Admit Virus Not As Deadly As Previously Thought: So Why Are We Still On Lockdown?
https://www.activistpost.com/2020/05/health-officials-admit-virus-not-as-deadly-as-previously-thought-so-why-are-we-still-on-lockdown.html

Pentagon puts military police on alert to go to Minneapolis
https://news.yahoo.com/pentagon-puts-military-police-alert-051546322.html

The US Military Is Monitoring Protests in 7 States
https://www.thenation.com/article/society/national-guard-defense-department-protests/

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https://www.activistpost.com/2020/05/us-on-the-brink-of-martial-law-as-officials-implement-contact-tracing-methods-to-track-rioters.html