Debates about employment and wage rates and their ability to influence interest rates constitute gaslighting.
Banks use interest rates to increase inordinate & criminal bank profits; enable the banking scam to continue; and to cause recessions & depressions to obtain properties for pennies on the dollar.
Adrian Rollins (Is full employment too much of a good thing? CT 2/9/23, p.14) debates whether unemployment must increase and/or wage increases decline, to control inflation.
Debates about employment and wage rates and their alleged influence on interest rates constitute gaslighting. Interest rates set by Central Banks are used to increase already inordinate and criminal bank profits; and to enable the banking scam to continue. Fluctuating interest rates are also used to cause economic BOOMS and BUSTS (recessions and depressions) that enable banks to obtain collateral properties for pennies on the dollar.
Specious debates claiming that low unemployment rates and high wages cause inflation are bogus. In fact inflation is caused by the devaluation of money resulting from Central Banks directing banks to “lend” into electronic circulation, excessive quantities of digital fiat debt tokens which they falsely call money.
Not only do banks pretend to issue money created out of thin air, they also demand that clients (falsely called borrowers) must pay them the imaginary sums of ‘money’ (digital fiat debt tokens) fraudulently called 'money' (currency) placed in clients’ bank accounts, PLUS interest on it. BUT the banks never create or place in clients’ accounts, any fiat debt token ‘money’ (currency) to pay the interest they demand. Consequently there’s always a shortage of ‘money’ in the economy which requires the banks to issue ever-more face value loans to enable the system to continue.
THAT is why fiat banking systems only last about 50-55 years. Eventually the population cannot afford to borrow any more ‘money’ and the system collapses. The current Western banking system commenced in 1971.
The banks’ constant increase in fiat ‘money’ loan volumes steadily reduces its value. The trick the Central Banks and all banks use to conceal this fact is their reversal of the truth. So-called price “inflation” actually represents “devaluation” of the value of the fake ‘money’ in the system because its volume is constantly increasing. THAT is the only reason that the price of housing and everything else hasn’t remained constant or declined with increases in productivity due to developments in technology, robotics and AI in the last 90 years.
Constant false government, banking and finance industry rhetoric about greedy businesses, unions and workers creating inflation by forcing prices and wages to increase is a lying cover story designed to conceal the truth. Banks create “inflation”in the same way they create money by pretending that digits placed in bank accounts constitute money. The banks’ inflation rhetoric is hot air and so is digital bank “money”.
https://ronchapman.substack.com/p/cosmic-consciousness-and-its-energetic
Ron