Nothing is logical. Last week was historic. The mother of economic policy for America’s central bank, Janet Yellen, decided to raise interest rates 0.25% last Wednesday. Interest rates have been at zero for nearly a decade. If we accept the popular notions, then sure, everything is fine and our economy is roaring back to prosperity.
Nothing could be further from the truth. If things were going well, America’s national debt would not have doubled during Obama’s time in office. Furthermore, logic would indicate that if interest rates go up, the nearly twenty trillion dollars of national debt will become more expensive due the debt service payments increasing. This should cause dire events to happen within the economy, but they’re not. Why?
In 1988, after Black Friday, President Ronald Reagan instituted via executive order the Working Group on Financial Markets. Colloquially this group is referred to as the Plunge Protection Team. The team consists of Jack Lew, the Secretary of the Treasury, who is also on the Council on Foreign Relations (CFR); Chair of the Federal Reserve Janet Yellen, also a CFR member; head of the Securities Exchange Commission Mary Jo White, also a CFR member; and finally the chair of the Commodity Futures Trading Commission, Timothy Massad, who oversaw the Troubled Asset Relief Program (TARP), which was the start of the government printing trillions of brand new dollars to stabilize the economy.
The Council on Foreign Relations has had its fingerprints on every major financial occurrence in America over the last hundred years, and as demonstrated above it has influence over current monetary policy. The owner of Fox News is a CFR member… You see the organization that was started by Rockefeller seed capital has spread its nefarious influence like a spider spinning its web.
The Plunge Protection Team’s role is to stabilize the stock market and the economy when they become tumultuous. That’s why when interest rate hikes are announced it should send shock waves throughout the economy but it doesn’t. However, the CFR cronies will pull the rug out from under the market when the timing is right and the cohorts are safely out of the market. Are you willing to risk being in the market at the wrong time?
We are in the business of guaranteed returns, safety, liquidity, and predicable growth with limited risk. We do not want our clients’ retirement dreams to consist of “hope so’s.” We help people sleep well at night and have peace of mind.