“Temporary open market operations involve short-term repurchase and reverse repurchase agreements that are designed to temporarily add or drain reserves available to the banking system and influence day-to-day trading in the federal funds market.

A reverse repurchase agreement (known as reverse repo or RRP) is a transaction in which the New York Fed under the authorization and direction of the Federal Open Market Committee sells a security to an eligible counterparty with an agreement to repurchase that same security at a specified price at a specific time in the future.”

-The Federal Reserve Economic Department’s website

China and Europe are experiencing energy problems. In Europe, fossil fuel prices are spiking (it’s not even winter yet) and shortages are common. The Chinese government has cut the power to millions, leading to blackouts in parts of the country.

Canada and California are both having recall elections for their chief executives.

The hypocrisy of the mask and vaccine mandating elites seems to be the main point of contention.

The author of the Patriot Act, Joe Biden, wants to force people to wear mask burkas.

Two black swans appeared from China over the weekend. Evergrande, China’s largest real estate investment group is going bankrupt and it has come to light that Fauci lied about funding research to create coronaviruses at the Wuhan Institute of Virology.

“These are the times that try men’s souls: The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of his country; but he that stands it now, deserves the love and thanks of man and woman.” -Thomas Paine, The Crisis, Dec. 19, 1776

"Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose." -John Maynard Keynes, The Economic Consequences of the Peace (1919), Chapter VI pg 236

Terrorism is the use of fear to manipulate people into obedience. Like during the French Revolution (1789-1799), terror is being used to control people today because the government is losing control as the debt is inflated away.

Science (authority) is the god of the American left.

Critical Race Theory (CRT) is the idea that the Constitution should be abolished because our laws are fundamentally racist; but, really it is because the Constitution is antithetical to Socialism (lockdowns). The lockdowns are being used to justify printing trillions of dollars to avoid defaulting on the debt.

The Bank for International Settlements (BIS) has come out in support of Central Bank Digital Currencies (CBDC). Is this somehow connected to Basel III gold regulations going into effect in the European Union on June 28, 2021?

“At its heart the research report debates whether inflation is transitory or the pursuit of these important social priorities by governments will mean inflation will have longer-term and far reaching implications for the health of the global economy. Either way, higher inflation is coming and policymakers are about to face their toughest battle in 40 years.” -Deutsche Bank

The status quo is changing. Transitory inflation is seeming more permanent while permanent politicians are transitioning out of power.

Freedom is productive. People tend to produce more when they can keep the fruit of their labor.

“The old and rotten, the monarchy has collapsed. The new may live. Long live the German Republic!” -Philipp Scheidemann, leader of the Social Democratic Party of Germany, in a public speech at the Reichsdag, November 9, 1918.

The US dollar is based off of a bit coin: Bits of 8 (reales de a ocho).

Under the Constitution, if you don’t hurt people and take their stuff, then you can do whatever that you want with your own property, starting with the idea that you own yourself. You are protected by due process. In other words, treat people the way you want to be treated and you are free.

The world appears to be on the verge of replacing the dollar as the world’s reserve currency. Texas Governor Greg Abbott, Treasury Secretary Janet Yellen, and US President Joe Biden are all making claims that point to that conclusion. Bitcoin may replace the dollar, but unless computer chips are made out of bitcoin, then bitcoin will not replace gold.

“The ordinary paper that consumers use throughout their everyday life such as newspapers, books, cereal boxes, etc., is primarily made of wood pulp; however, United States currency paper is composed of 75 percent cotton and 25 percent linen.” -The Bureau of Engraving and Printing at the U.S. Department of the Treasury

So long as foreigners accept dollars (E.g. China and Saudi Arabia), they’ll keep selling the US things (Chinese products and oil). If the USA keep printing dollars endlessly, foreigners will raise their prices or use alternative currencies, including gold and silver, with which to trade. The USA consumes more than they produce only because people want the dollar. Once that ends, there will be a scarcity of imports.