Brexit Aftermath - Here's What Will Happen Next

Tyler Durden's picture

Submitted by Brandon Smith via Alt-Market.com,

In my article 'Brexit: Global Trigger Event, Fake Out Or Something Else?', published before the U.K. referendum vote, I outlined numerous reasons why I believed the Brexit was likely to pass. As far as I know, I was one of very few analysts that stuck to my call of a successful Brexit right up until the day of the referendum instead of slowly backing away as the pressure of conflicting polls increased. My prediction was verified that evening.

In my post-Brexit commentary, which can be read here, I then outlined why so many analysts in the mainstream and even in the liberty movement were caught completely unaware by the referendum results. Today, however, I now see hundreds of analysts using the same talking points I argued before the Brexit, but still missing the first and most VITAL underlying truth.  The core reason why I was able to discern the Brexit outcome was because I accepted the reality that the Brexit does not hurt globalists — in the long run, it actually helps them.

Now, I fully understand the excitement surrounding this event.  For many people it was a complete surprise because they assumed that international financiers and the ever-pervasive global elites would do anything to stop it from happening. It feels like a kind of revolution; a pointy stick in the eye of the beast. While I applaud the people of the U.K. for their ongoing battle for sovereignty, I can assure you that the Brexit is NOT an obstacle to the plans of globalists.

What is rather amazing to me is the number of people that, before the referendum vote, were arguing that the elites would "never allow" the Brexit to continue and were thoroughly convinced they would use their influence to disrupt it.  Now, in the face of a successful vote, those same people now argue that the elites had no influence over the Brexit, and do not benefit from its passage.

I would remind readers that it was actually "pro-EU" globalist puppet David Cameron himself that presented the prospect of a referendum to exit the EU.  While some may argue this was bungling on the part of Cameron, I think this is a rather foolish notion.  Cameron does what he is told like every other elitist owned politician.  Furthermore, the behavior of internationalists leading up to the Brexit was rather strange, hinting to me that they were preparing for a Brexit surprise.

Globalist financiers like George Soros jumped into the markets and bet in favor of stocks going negative, indicating prior knowledge.  Hilariously, Soros' advisers are now playing damage control by claiming that Soros "lost money" on bets on the English Pound.  While they admit he did "make profits" on all of his other investments due to the Brexit, they will not say what the magnitude of those investments were, nor have they provided evidence supporting any of the information they have given to the media on his losses on the Pound.  Truly, a slapdash lazy play at spin control.

The Federal Reserve’s Janet Yellen used the Brexit as the primary reason for the latest rate hike delay, mentioning that such conditions may have influence "for some time to come".  This indicates she may have had prior knowledge of its coming passage.

And the world’s central bankers all convened in Basel, Switzerland to take marching orders from their masters at the Bank for Internationals Settlements right before Brexit voting commenced, something they most likely would not do if the Brexit was destined to fail rather than prevail.

Not only did the globalists through David Cameron originally introduce the concept of the Brexit vote, they also apparently knew that the U.K. referendum would succeed.

As I originally stated in my prediction article:

“…the failure of the EU does not necessarily mean a failure for the internationalists. For groups of globalists that promote an ideology of Fabian Socialism, a breakdown of the EU, whether partial or total, can be used as leverage for a larger and more centralized global power structure in the long term. Mark my words, when the system comes crashing down (whether after the Brexit or after another trigger event), internationalists will say that the EU failed not because it was centralized, but because it was not centralized ENOUGH.”

 

“If the Brexit succeeds, the globalists can allow the market systems they have been inflating for years to finally crash (at the speed they choose). They can then blame those dastardly “far-Right extremists” in the U.K. for triggering a domino effect within the global financial system, conveniently scapegoating British conservatives, moderates and sovereigns for a breakdown that was going to happen eventually anyway. Their solution will once again be to argue for the end of “barbaric” conservative principles and install complete centralization and socialism as the cure.”

Already, this narrative is being presented by internationalists in the aftermath of the referendum.

Bloomberg writes that the Brexit “casts a dark shadow on the world’s great move to openness,” as if globalism is a bastion principle of free markets rather than the murderer of free markets and the outright tyrannical socialization and centralization of everything.  European elites are out in droves admonishing the Brexit as a move towards dangerous nationalism and isolationism. The Chinese premier is in the media warning of a “butterfly effect” in global markets caused by instability in “certain countries,” obviously referring to the U.K. and the EU.  His solution?  He wants even more “enhanced coordination” among all the economies of the world (Interpretation: more centralization).

EU officials only continue to strengthen my predictions by calling for an EU superstate in response to the Brexit; in other words, a completely centralized Europe.

And, Bloomberg has reported on Mario Draghi's recent call for a "new world order" in response to the UK referendum in which central bank policies around the globe are completely coordinated.  Bloomberg removed the word "NEW" from the article's title an hour after it was published.  Go figure; I guess mentioning the "new world order" was just a little too honest.

Of course, Draghi does not mention that all central banks are ALREADY coordinated through the Bank for International Settlements, which is why numerous central bank heads were at the BIS when the Brexit vote was underway.  What Draghi is pushing for is open centralization among the world's central banks - the next step towards a single global central bank and a single global currency system.

For more information on why the elites desire an economic crisis and what they hope to gain from it, read my article 'The Economic End Game Explained'.

In my prediction article I also stated in part reference to the Jo Cox murder:

“…the goal may only be to perpetuate a longer term narrative that conservatives in general are a destructive element of society. We kill, we’re racists, we have an archaic mindset that prevents “progress,” we divide supranational unions, we even destroy global economies. We’re storybook monsters.”

 

“The murder of Jo Cox has had a minimal effect on Brexit polling numbers.  In the end, the elites may find Thomas Mair more useful as a mascot for the Brexit after the vote, rather than before the vote.

 

So now the Brexit movement, which is conservative in spirit, is labeled a “divisive” and “hateful group”, and if the referendum is triumphant, they will also be called economic saboteurs.”

The concept of a dangerously volatile and destructive populist movement for sovereignty is being heavily pushed in the mainstream media. The racist angle is now being implemented, with the MSM warning that racism is on the rise in the U.K. due to the Brexit campaign.

Most if not all of the developments I warned of when I predicted the Brexit are also coming true.  So, if I am as correct about the motives behind the Brexit as I was correct about the outcome of the Brexit, here is what will probably happen in the coming months as the drama unfolds.

Federal Reserve Catch-22

 

All eyes will soon be on the Fed to see if the central bank behind the world reserve currency will take some kind of action to mitigate the possible negative effects of the Brexit.  The problem is, the Fed has created a catch-22 scenario here; not for them, they are happy to instigate an equities crisis as long as the timing is right.  Rather, they have created a catch-22 for the markets.

 

If the Fed raises rates to prove they can, stock markets will see this as a shock move and initiate a sell-off.  If the Fed lowers rates or institutes negative rates, the public will see this as an act of desperation and a loss of credibility.  Really, the only safe measure the Fed can take from now on is to do nothing.  I highly doubt that they will do nothing.  In fact, even in the face of the Brexit I still believe the Fed will raise rates a second time before the end of the year.  Why?  This is what the Fed has always done as recession takes hold.  Historically, the Fed raises rates at the worst possible times.  As with the Brexit, I am going to have to take the contrary position to most analysts on this.

 

Referendum Catch-22

 

The globalists have conjured an interesting paradox with the UK referendum.  Look at it this way; even if you believe that the globalists were "caught off guard" by the Brexit, one must admit that it is still in their best interest to initiate a crash.

First, the elites spent so much time warning of the doom that would befall the world if a Brexit vote succeeded, they must now fulfill their own prophecy or appear foolish and impotent.

 

Second, if globalists and the central banks they control act too aggressively to stall a market plunge, they are sending a message to all other EU nations that they should not worry about seeking their own referendums, because the central banks will save the day if they do.  More referendums mean exponential crisis in equities.  So, markets will crash if the central banks don't act, and they will crash if central banks do act.

 

This is all an academic discussion, though, because central bankers fully intend for the existing system to at least partially crash.  They simply want to decide the pace of the implosion.  Most will do this through jawboning and minor policy maneuvers, but not much else.  The Federal Reserve is the only wild card in this equation.

 

Slow Grind Towards The U.S. Elections

 

While the Brexit vote is a considerable shock to global markets, and there is a likelihood of referendums in other European nations, I do not believe the Brexit alone is enough to cause the kind of economic crisis the elites are seeking.  There needs to be a one-two punch combo here, and the second punch has not arrived yet.

 

What form will it take?  I have no idea.  I do believe that with the Brexit drama in full swing, the timing is perfect for certain unstable EU banks, including Deutsche Bank, to announce insolvency.  This could be the next moment of shock.  That said, there are hundreds of possible trigger events ready and waiting to be exploited.

 

So far it would appear that equities markets in particular are in for a slow grind down (with sporadic but short lived rallies) going into the U.S. elections.  I would not expect much to happen until the Fourth of July holiday has passed and I would expect low trading volume to persist until then.  I believe that by the time November arrives the global economy will be in a clear and visible recessionary mode.  This does not mean a "collapse" in the Hollywood sense will be in full swing, but our fiscal structure will be visibly worse off to even the most oblivious citizens.

 

A Trump Presidency

 

In light of the Brexit I’m going to have to call it here and now and predict that the most likely scenario for elections will be a Trump presidency.  Trump has consistently warned of a recession during his campaign and with the Brexit dragging markets lower over the next few months, he will probably be proven “prophetic.”

 

Those who read my articles regularly know that I do not trust Trump and that I think his behavior signals that he is controlled opposition, but this is really beside the point.  Even if Trump is a legitimate anti-establishment conservative, his entry into the Oval Office will seal the deal on the economic collapse, and will serve the globalists well.  The international banks need only pull the plug on any remaining life support to the existing market system and allow it to fully implode, all while blaming Trump and his conservative supporters.

 

If Hillary Clinton, a clear establishment puppet, is the chosen one, and markets crash after her inauguration, then the establishment gets the blame.  However, if Trump becomes president, and markets crash, then conservative and freedom movements get the blame.

 

The mainstream media has been consistently comparing Trump supporters to Brexit supporters, and Trump himself has hitched his political wagon to the Brexit. This fits perfectly with the globalist narrative that populists and conservatives are killing the global economy and placing everyone at risk.

 

Sovereignty Is The Villain

 

Imagine that the economic and political events of our world are for the most part a cleverly staged piece of cinema. The globalists are writing a screenplay for that cinema and we are all supposed to believe that the movie we are watching is real life rather than an engineered fantasy. The Brexit in our story is an act of “evil sovereignty activists” and “right wing extremists” who lure ignorant people away from the light of globalism using “emotion” rather than logic.

 

These conservatives and populists promote barbaric principles of nationalism that no longer serve humanity in our age of “reason” and multicultural “civility.”  Globalism is the future and pro-sovereigns are holding the world back from “progress.”

 

This will be the narrative pressed in politics and social discussions from now on.  The story the globalists are writing is one of the terrorism of selfish freedom movements, how they brought the planet to the verge of complete collapse, and how globalism and collectivism finally “triumphed” and saved humanity.

 

Divisions Between Young And Old

 

An interesting and very manipulative propaganda campaign being put in motion around the Brexit is the idea that the U.K. referendum represents a division between older generations and younger generations.  The mainstream media argues that older generations in the U.K. that have already benefited from the EU are now “taking it away” from the younger generations and essentially screwing them out of their futures.

 

Anyone who understands the root failings of the EU and the fact that it has been on the edge of collapse for the past several years knows that such arguments are patently ridiculous. The EU has been beneficial to no one except in minor part to perpetually insolvent nations and peoples.  The EU aids these folks by stealing from solvent nations and peoples.  The Scottish were extremely anti-Brexit, for example, exactly because they have become a welfare dependent society and they know where their bread is buttered.  Most Muslim refugees aren’t flooding into the EU on the premise that they plan to start from scratch and work their way towards prosperity.  They march into the EU on the promise of free goodies.

 

Yes, according to recent polls around 73% of voters 18 to 24 years old supported the EU, but around 27% did not.  Does this 27% not count?  People aged 25 to 34 voted 38% in favor of Leave.  Anyone over age 35 was increasingly more likely to vote Leave.  Are people in their late 30's now considered "old"?  This is hardly an example of the "old" destroying the precious collectivist futures of the young.

 

To claim that the Brexit was about young versus old is clearly a lie, but we should expect that this narrative will be pushed further.  The globalists need to own the minds of the next generation, and they hope to do so by blaming all their future economic woes on the kinds of sovereignty movements that voted for the Brexit.  The young are often desperate to believe that they are wiser than the old, desperate to assert their place in a world they don't yet understand because they have little experience in it, and desperate to prove that new ideas (usually old failed ideas rehashed) are better than traditional ideas.  The elites know this, and are quick to con the young with the concepts of futurism.

The Long Game

The great weakness among economic analysts and many independent analysts is their refusal to examine the long game of the elites.  They become so obsessed with the day to day parade of stock tickers and the month to month central bank policy meetings that they miss the greater trends.  We can focus intently on each drop of water that makes up a tidal wave and forget that we are at the edge of the beach staring down death.

The Brexit is part of a globalist long game that is designed to finally and completely demonize sovereignty movements.

Think about it for a moment — what better way to remove the only obstacle in their path? The globalists create an economic crisis and then foster conditions by which their primary opponents (liberty activists) get BLAMED for it.  They then swoop in as the heroes of their little cinema after the damage is already done and offer their solution: complete globalization.  With enough people destitute from a global financial calamity, they may very well be begging the elites for help.  This is not to say that the elites will ultimately succeed (I believe they will fail), but that does not stop them from making the attempt.

I realize this is not what many in the liberty movement want to hear, but this is reality.  This does not diminish the value of a British movement for sovereignty, but it does demand that we temper our celebration and recognize when we are being targeted with fourth-generation warfare.  If we accept the fact that the Brexit is an event the elites plan to exploit for their own ends, then we can identify the threat and deal with it.  If we continue the delusion that the Brexit is some kind of slap in their face when it is not, then we allow them yet another weapon in their arsenal of propaganda.

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qdone's picture

just ready the blade.

D Nyle's picture

If a collaspe comes, blood will flow. Whites will go for the rich, politicians and Media, Blacks will burn their own towns down, Mexicans will be selling drugs and guns, the Asians will move all their family into single room and hide and I will be selling toliet paper (some reason its gold when SHTF)

philipat's picture

Whilst I agree that national boundaries and nationalism represent the largest obstacle to the NWO, this analysis is just too far-fetched. The establishment was clearly shocked by the Brexit vote, as perhaps best evidenced by Soros being long Sterling. The fix on the Brexit vote underestimated the strength of feelings on the Brexit side so wasn't large enough to sway the result. This was, therefore, a major setback for the NWO crowd and trying to disguise that with rhetoric such as this just isn't very convincing.

mofio's picture
mofio (not verified) philipat Jun 29, 2016 9:31 PM

Their NEXT MOVE is the Financial CATACLYSM. It'll be Ugly, Bloody, and Messy. http://bit.ly/1KogtGi

zeropain's picture

the poor cant lose anything in a financial crash.  they have nothing cus they lost their job years ago.  the poor in the US want the dollar to go up and the market to crash.

Manthong's picture

I don’t know but,

I would think that no self-respecting evil genius globalist cabal would be dumb enough to let asshats like Juncker and Obama head up 2/3’s of the world’s economy.

back to basics's picture

Brandon, I think this article is in line with the one you put up a couple of days ago, when the market took a dive, arguing that the central bankers are orchestrating an intentional market collapse.

How did that assertion work out for you?

Tylers, why you continue to put up the drivel is beyond me.

runningman18's picture

He also said there would be short lived rallies.  Maybe you didn't read the whole thing?  You think because the markets are up today on no volume that this is how things are going to stay?  Must be dreaming.

back to basics's picture

Those who bought into his nonsense and traded that assertion had their scalps handed to them on a platter.

How many times do you doomers have to be proven wrong to clue in that it's inflate or die for the bankers, but somehow they now decided it's a good time to crash the markets? But, but, but, yes, we'll have short lived rallies on low volume.

I'm as against the globalists and the bankers as anyone can be but I also know what it means to own the printing press. I don't trade what should be happening, I trade what I see happening. Nor do I trade on hope, I trade reality.

But don't worry, that crash is just around the corner and I'm sure it will make you rich shorting it.

runningman18's picture

People who followed Smith's prediction and shorted the Brexit made off like bandits. You're assuming they shorted Tuesday, too, which no one told them to do. Who are these people you are even talking about? Or are you just imagining them? Are you really dumb enough to think that people who expect a stock route are always shorting every trading day? WTF?! You're making a lot of assumptions. If you are making so much on your investments, then why don't you publish a fucking investment page with your face and name on it? Show us how to dance instead of hiding in the hallway like a bitch. Otherwise, you're just another armchair investor boasting about all his great plays without anything to show for it.

ACES FULL's picture

Yea Brandon,but the real question is who are you picking with McGregor vs Diaz 2 ?  Seriously,Brandon raises some interesting theories here that are worth pondering.

Librarian's picture

Cameron does what he is told like every other elitist owned politician.

This statement presupposes that TPTB are somehow omnipotent.

However, all evidence in so far shows this not to be the case.

In fact, it's this complete disconnection from the TPTB and the unwashed masses that is now leading to their complete undoing of the elite.

In the words of the financial-philosopher Bernanke, "This will be disorderly".

runningman18's picture

Politicians can be bought, therefore TPTB is omnipotent? Are you fucking kidding? You do not need to be omnipotent to buy the political class. All you need to do is print fucking money or blackmail them with their own pedophilia. It's easy!

Librarian's picture

Of course, money can buy power.

That point is trivial.

The point was whether the decisions of the TPTB still wouldn't manage to drive us economically straight into a tree or over a cliff.

The thing about parasites is that most of them manage to kill themselves by killing their host.

They are not omnipotent.

They are just greedy bastards.

Multi's picture

Tylers put up these type of articles because of the high number of paranoids that visit this site. If you care about your business you have to cater to your customer.

shine's picture

"The establishment was clearly shocked by the Brexit vote,"

And Obama was genuinely crying on TV after Sandy Hook government-engineered fake mass shooting...

"as perhaps best evidenced by Soros being long Sterling."

...and being short on shares, where he earned big money:
http://www.zerohedge.com/news/2016-06-28/how-they-hedged-brexit-soros-wa...

Blackfox's picture

Did you know this financial crash we just had was

7 years

7 months

7 weeks

7 days from the last crash in 2008?

28/9/2008 - 24/6/2016

http://www.timeanddate.com/date/dateadded.html?d1=29&m1=9&y1=2008&type=a...

Remember Christine Lagarde's number "7" speech?

flight 77

world trade 7

Anders Brievik, zionist killed 77

Brigade 77

JPMorgan Chase Bank at 7777 Hennessy Boulevard, Baton Rouge, LA

Maybe it's just all by chance....

 

Librarian's picture

I was just about to pour a 7 and 7, but instead I had a rum and coke.

I apologize for wrecking the chain.

Falcon49's picture

The problem is that in almost all these situations....they never put themselves in a situation that depend on just one side of the equation.  There are always plans B, C, and D.  In this case, they may keep the people voting until they get the results they want.  If Cameron resigns...they may end up having 3 or 4 more voting opportunities to turn this around.  If they do...this time the British Pound will be gone as a condition of returning to the EU.   So...heads they win, tails they win.

Yuubokumin's picture

he had a 100 mn short on DB. the point about the EU being on the brink of collpase, only artifically being kept alive, is also too strong to deny. George himself said this was the end of the EU

The Saint's picture
The Saint (not verified) D Nyle Jun 29, 2016 9:41 PM

"....Blacks will burn their own towns down...."

 

Funny how that works.  LMAO

White Mountains's picture

Meh, toilet paper is a very recent thing and people did without it very well thank you for many tens of thousands of years.

I hike alot, and have to laugh at all the times I've come across where someone has taken a dump and used their underwear to wipe their ass, leaving it there in the woods.  All the while surrounded by leaves. Even in winter there are dried leaves all over the place and on beech trees. Stupid modern man, probably has a phd or something but totally without common sense.

You can keep your toilet paper, which you won't need because I am keeping my food.

Oh, you don't know the difference between a maple tree and poison ivy? 

mofio's picture
mofio (not verified) qdone Jun 29, 2016 9:31 PM

o boy

wildbad's picture

reasoning flaw -  Cameron was dragged kicking and screaming to the Brexit referendum.  He was forced politically (by Farage and UKIP electoral pressure) to say that "sometime in the future" there would be a referendum.  Well, brexit is someday, and he was right to have feared it.

 

This is the first of many blows to the elitist body.  There will be more.  Seperatists are encouraged. 

 

The only open question is who will win the race.  I say the populists.  The elitist globalists require stealth to bring their plans to fruition.  That is now impossible.  They cannot operate in sunlight.

 

Thank you Nigel, thank you Alex Jones, Thank you Paul Joseph Watson  et al

. . . _ _ _ . . .'s picture

"The globalists create an economic crisis and then foster conditions by which their primary opponents (liberty activists) get BLAMED for it.  They then swoop in as the heroes of their little cinema after the damage is already done and offer their solution: complete globalization.  With enough people destitute from a global financial calamity, they may very well be begging the elites for help."

I would agree with this assessment. Create a problem/disease/computer virus/economic crash, sell the remedy/medicine/patch/austerity program. It's a tried and true formula. No reason to think it won't work again - hope I'm wrong.

*crosses fingers*

nibiru's picture

I guess the only difference now is not the fact that there will be a crisis and everyone is going to get hurt - we are postponing it for so long there is no growth anyways (yes no growth is not no dive but bear with me).

Europe finally comes back to its roots - competition of ideas. If the UK leaves for good, makes deals etc they will have an immense ability to react to crisis better than the continental Europe. Through this living example it may be that everyone won't believe in fear mongering (just like they didn't during EU referendum).

People who elites are pandering to are young SJW who are ok with banks, corporations etc. People against them are either simple guys seeing how food is getting more expensive and people who know how corrupted and tilted the system is.

Brexit was a beginning. IF in one year there will be one more country leaving - we definitely are goingt o see referendum in France - and as one of the pillars of the EU (otehr one being Germany) leaves it - the EU will collapse.

Crossing fingers against the elites
http://independenttrader.org/the-four-horsemen.html

. . . _ _ _ . . .'s picture

+1 Agreed. This is why tribal elders have always led.

TPTB changed this dynamic by empowering the ignorant youth (with big salaries and toys and games,) and by lowering education standards to keep them ignorant. Each generation magnifies this effect until there is no resistance left.

I would say that food is not getting more expensive, but the value of money (through inflation) is dropping. Same difference, but making a loaf of bread still takes the same amount of time. Buying a loaf of bread, on the other hand, requires more and more hours worked. All these tools of control are being employed, and have been for years and the cumulative effect is a decrease in our autonomy. The more we depend on our parents, teachers, figures of authority, the more we need to. Downward spiral.

Fortunately, every system has a breaking point. People seek out, as a novelty at first, that which is rare. As independance grows more rare, the system seeks to re-balance itself. A long downward curve followed by a quick spike up. A rope will stretch for a long time until it suddenly snaps. I think we are getting to the point where enough of us won't mind the snap as much as we mind the status quo. Young people do not like being told what to do or how to live, after all. The problem is that our tolerance to pain has also decreased, and this fact will be used against the lazy and delicate youth. Our grandfathers were tougher than our dads. Our only hope is that we have grown tougher than our pampered fathers. 'Old-school' is not just a cliche, it might be our only saving grace. BIFL (buy it for life) is an example of our discontent, and once the rope snaps, there won't be any going back.

If us frogs have to jump out of the boiling water, many of us will burn, but at least we won't all be stuck in a pot, forever.

Librarian's picture

making a loaf of bread still takes the same amount of time

Are you certain about that?

Aren't you completely disregarding those large diesel-powered farming machines - "Tractors".  And also more advanced farming techniques, including irrigation?

I don't disagree that there has a clear decrease in autonomy but your example doesn't support the argument very well.  The cost of food production is lower than it has been in the past relative to income.  There are tons of studies out there with actual historical data and numbers adjusted for inflation. 

IMHO, this automony was lost when the nuclear family was dismantled by corporations selling the notion that a woman absolutely needed to work outside the home to be relevant.  Now nobody stays home anymore to raise their children.  Both parents return home completely exhausted and without any energy to keep their kids away from drugs and sex predators.

Of course, it doesn't need to be the woman who stays home.  I know a handful of single dads who have raised children successfully on their own - Who kept their sons away from selling drugs and their daughters from the dancing pole.  The point is that before there was this possibility for one of two parents to stay home earning just a middle class income.  Now those days are considered a quaint bygone notion. 

. . . _ _ _ . . .'s picture

My point was that if one were to bake a loaf of bread (with ingredients at the ready) it would take the same amount of time to prepare and bake as it always has. But to buy a loaf, working for minimum wage, one now needs to work about twenty minutes. Our grandfathers only needed to work for five minutes to buy the same loaf (which was MORE nutritious, even.) The same can be said for the ingredients, no matter what the means of production are.

You could say that I am comparing apples to oranges, and I don't disagree with your premise, but things cost us more time now than they ever have (thanks to inflation.)

There are other considerations, as well: debt; seed cost (not just monetary;) pesticides; regulations; transport; yield; yada yada... but I won't get into that here.

I agree that things were better for everyone when one parent had the time to devote to raising a family, properly.

Librarian's picture

I think I understand you more clearly now.

There's a bit of Einstein 'relativity' that applies to economics. Any particular number that either of us are looking at also depends on all other numbers from which that number was derived.

There's no need to get metaphysical here so let's just jump to the chase.  From a historical (constant dollar) economic perspective the amount of "work" (energy) required to produce a loaf of bread is lower than it has been previously.  It's also true as we have both noted that "things cost us more (labor) time (to purchase)".  There are some exceptions to this such as buying ordinarily credit-purchased items with cash and not with credit -- such purchases have actually deflated in price.  But for the ordinary citizen prices have seemed to go up because the same amount of labor doesn't buy what it used to buy.

What should have happened when YOY inflation increased is that wages should have increased as well.  Then the ordinary citizen wouldn't perceive any price increase as he would also have an increased amount of money available from his labor for purchases that were also equal to that growing rate of inflation.

But instead we have been slowly cooked into the position that we are in now -- more work for less spending power.  So while the amount of "work" (energy and labor) needed to produce a loaf of bread has decreased in real terms, the compensation for labor has fallen even more relative to the cost of the bread.

This does actually all fit together, SOS, and in this instance we are both correct.

. . . _ _ _ . . .'s picture

Pinball machines use to go into the thousands. Now they go into the billions. Problem is that most of us play below the ten-thousand level.

Vageling's picture

I would say that food is not getting more expensive, but the value of money (through inflation) is dropping. Same difference, but making a loaf of bread still takes the same amount of time. Buying a loaf of bread, on the other hand, requires more and more hours worked.

 I have to agree. However this has been slowly going on for a while. I was lucky to know the value of my national currency before they duped us in to the Euro (these snowflakes have no clue). I quickly noticed after the Euro that I could buy less and less for what should be the same amount of pay. Like within three to five years everything suddenly was the price in Euro as it was in our national currency. Were I was like, this can't be right. It means stuff became almost three times as expensive? What's the deal? This process has been going on a while. I just played the game along since I was still very young I didn't thought too much of it. 

brain_glitch's picture

Same situation, though different country (according to your exchange rate).

It was crazy to see how everything suddenly became 50% more expensive because... Euro.

wisehiney's picture

Mr Smith, it is all pre-ordained anyhow.

It was going to bust, and we were going to be blamed.

All this waiting for godot is getting boring.

Too much drinking and thinking will make a man lose his edge.

Let's get it on.

peddling-fiction's picture

They seek to exhaust us. Even Albert Pike wrote about the goal of exhaustion.

http://www.threeworldwars.com/albert-pike2.htm

Chris Dakota's picture
Chris Dakota (not verified) peddling-fiction Jun 29, 2016 11:19 PM

Pike never mentioned divine intervention which is happening as we speak.

People are awake now, not all but way more than enough.

People like Pike are being exposed, they can no longer operate in the shadows.

They know rebellion is the order of the day now, so they plan accordingly but it

spirals out of control for even them.

That is what they fear, that is what they expect to happen which is why they put

all these laws in place to deal with that.

the old world is finished, the one they controlled.

peddling-fiction's picture

Don´t underestimate their "earthly" power.

All that is needed is a war for war powers to be applied for all hell to break loose.

The only power greater than theirs, by a lot may I add, is God´s.

Walking with God and thus his protection, is the only way.

I am not suggesting you run to a pastor or priest.

It is something personal. Follow the commandments.

Drop all new age activities (I say this with no judgement).

Find your calling and serve God.

No fear and God Bless.

 

reader2010's picture

The OP seems to believe that the global elites are omnipotent and organized to micron precision. Bullshit. They are also humans and they are full of the same shit that bothers the rest of us. The only difference is that they organize themselves against the rest of the world's population for their common interest.

Who is John Galt's picture

"They are also humans"

 

David Icke would beg to differ.

reader2010's picture

You believe they have different DNA structure?

Gold Pedant's picture

The Ashkenazi?

 

...or the Reptilians?

Implied Violins's picture

They definitely have a mutation in the reptilian brain, the R complex, which causes them to lose the ability to feel love, compassion, and empathy. That's why they are so fixated on maintaining their 'bloodlines' - God forbid one of their own actually CARES for their 'cattle' and goes off the script!

peddling-fiction's picture

They share Satanic bloodlines.

Lots of people are being duped with New Age beliefs that tie in with theirs.

Hollyweird, TV and the music industry are amping up their use of Satanic symbols and rituals.

It is being spread everywhere in Westernized nations.

But don´t kid yourselves, if you wallow in sin, you will be tuned to them and what comes next.

Vageling's picture

It's why I stopped watching that crap a long time ago. They all have hidden messages. Take Merkel for example with her reverse triangle hands. Or that sick shit they displayed on the opening of the Gotthard tunnel. 

peddling-fiction's picture

They are all in, into hidden messages and symbols. Why is the question.

The Gotthard tunnel ceremony was Satanic for sure.

Chris Dakota's picture
Chris Dakota (not verified) reader2010 Jun 29, 2016 11:21 PM

They are demonic as they have always been.

It's why God flooded the earth, because the divine creation has been infected with evil

due to demons breeding with humans.