On The American Economy And The Road To Destruction (Inflation, Gold, Dollar & More)

Not only does America no longer have an economy, it no longer seems to have any economic statistics or ones that…

by Paul Craig Roberts via PaulCraigRoberts.org

As I recently wrote, the US no longer has an economy. America is a market for goods produced offshore with foreign labor that US global corporations sell to Americans. The US which once produced its own manufactured goods and food now imports much of it. The result is that fewer and fewer American incomes are based in the production of goods and services consumed by Americans. This is the path of de-industrialization and poverty.

Not only does America no longer have an economy, it no longer seems to have any economic statistics or ones that make much sense. For example, allegedly inflation is at 9 percent annually, but gold and silver prices have fallen, with gold down about $250 an ounce and silver down about $6 an ounce. Percentage wise, these are large declines. Inflation is known to erode the value of paper fiat money, but the US dollar is up against the Euro and other currencies, and inflation is eroding the value of real money–gold and silver.

According to the Annenberg Public Policy Center, the economy has regained 9 million of the lost lockdown jobs, dropping unemployment to 3.6%. With about 2 job openings for every person seeking a job, we are at full employment. Wages have risen strongly but by less than inflation, so real earnings are declining but corporate profits are high. There are slight decreases in the number of people without health insurance and in the number receiving benefits from the Supplemental Nutrition Assistance Program. So there are signs that things are improving.

But despite full employment and high profits, consumer confidence in the economy has reached the lowest point on record.

Perhaps the explanation is high gasoline prices. Perhaps it is the vast numbers of illegal aliens the Democrats have invited into the country. Perhaps it is the decline in the stock market and pension accumulations. Perhaps it is fear of higher interest rates which will further reduce the values of pensions and real estate assets. Perhaps it is the billions of dollars the Biden regime is throwing into the war in Ukraine. Perhaps it is the attempt by the Democrats and a corrupt Department of Justice (sic) to criminalize Trump, his supporters, and the Republican Party. Perhaps it is the rise of virulent anti-Americanism in school boards and universities. Perhaps it is the growing realization of the C vacci deception which is arousing anxieties among the vacci.

Whatever is the cause, it is nevertheless strange that inflation is causing the paper dollar to rise and gold to fall, and that full employment has brought the lowest consumer confidence on record. Perhaps the answer is that the numbers we are given are wrong and are serving some other secret agenda that is being fostered on us.

Clearly in the Western world confidence in government is collapsing. The British prime minister has had to resign and also the Italian one. Not even the Democrats will permit Biden to run for reelection. Many Western countries have governments comprised of coalitions in which the president or prime minister’s party only has 30% support. In other words, it is becoming obvious even to the insouciant that there is no leadership in the West.

Indeed, leadership is not possible. A leader would have to correct the situation, and that is against the interest of the established institutionalized interests.

Wherever Western peoples look, they see their culture under attack and truth disregarded.  Corruption rules everywhere, even in the ABIM which has decided to strip Dr. Peter McCullough of his board certification because he cured C patients with Iverme.  For curing patients, the ABIM accuses Dr. McCullough, one of the most respected and accomplished doctors in the world, of “spreading misinformation.”  The ABIM has taken the position of Fauci and his corrupt colleagues at NIH and CDC that it is misinformation to say that there is a cure. You see, the only way the untested “vacci” could get into mass use was on the basis that there was no known cure.  This, of course, was an intentional lie. There were two known cures–Iverme with zinc and HxxxCxxxQxxx with zinc.  For proving beyond all doubt that Fauci, the CDC, FDA, and WHO were liars for Big Pha profits, the corrupt ABIM, also a liar for Big Pha profits, has to punish Dr. McCullough. https://stevekirsch.substack.com/p/abim-there-shall-be-no-public-accountability 

What the US medical system is doing to Dr. McCullough is identical to what Soviet Authorities did to Russian genetics by declaring scientific genetics to be misinformation — “a bourgeois pseudoscience” — and imprisoning, firing, or executing 3,000 scientists who stood up for the truth. Science was replaced by Lysenkoism, and Soviet grain yields collapsed.

The same thing is now happening to American medicine. There is an effort underway to discredit and disqualify the thousands of doctors and medical scientists who have opposed the C protocol that served only Big Pha’s profits at the expense of the lives and health of millions of people.

There has now been research published in Sweden that found that the “vacies” do change the vacci person’s D.  If this finding is confirmed by other independent scientists, will science be strong enough to stand against Fauci, the whore Western media, and the bought-and-paid-for “scientists” of Big Pha, or will American medical science suffer the fate of Soviet geneticists?

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