Monday, May 9, 2016

Zerohedge: The Cult Of Central Banking
Is Dead In The Water




The Cult Of Central Banking Is Dead In The Water


Submitted by Tyler Durden on 04/30/2016 13:22 -0400

Submitted by David Stockman via Contra Corner blog,

The Fed has been sitting on the funds rate like some monetary mother hen since December 2008. Once it punts again at the June meeting owing to Brexit worries it will have effectively pegged money market rates at the zero bound for 90 straight months.

There has never been a time in financial history when anything close to this happened, including the 1930s. Nor was interest-free money for eight years running ever even imagined in the entire history of monetary thought.

So where’s the fire? What monumental emergency justifies this resort to radical monetary intrusion and repression?

Alas, there is none. And that’s as in nichts, nada, nope, nothing!

There is a structural growth problem, of course. But it has absolutely nothing to do with monetary policy; and it can’t be fixed with cheap money and more debt, anyway.

By contrast, there is no inflation deficiency—–even by the Fed’s preferred measure. Indeed, the very idea of a central bank pumping furiously to generate more inflation comes straight from the archives of crank economics.

The following two graphs dramatize the cargo cult essence of today’s Keynesian central banking regime. Since the year 2000 when monetary repression began in earnest, the balance sheet of the Fed has risen by 800%, while the amount of labor hours used in the US economy has increased by 2%.

At a ratio of 400:1 you can’t even try to argue the counterfactual. That is, there is no amount of money printing that could have ameliorated the “no growth” economy symbolized by flat-lining labor hours.





Owing to the recency bias that dominates mainstream news and commentary, the massive expansion of the Fed’s balance sheet depicted above goes unnoted and unremarked, as if it were always part of the financial landscape. In fact, however, it is something radically new under the sun; it’s the footprint of a monetary fraud breathtaking in its magnitude.

In essence, during the last 15 years the Fed has gifted the US economy with a $4 trillion free lunch. Uncle Sam bought $4 trillion worth of weapons, highways, government salaries and contractual services but did not pay for them by extracting an equal amount of financing from taxes or tapping the private savings pool, and thereby “crowding out” other investments.

Instead, Uncle Sam “bridge financed” these expenditures on real goods and services by issuing US treasury bonds on a interim basis to clear his checking account. But these expenses were then permanently funded by fiat credits conjured from thin air by the Fed when it did the “takeout” financing. Central bank purchase of government bonds in this manner is otherwise and cosmetically known as “quantitative easing” (QE), but it’s fraud all the same.

In essence, Uncle Sam has gotten $4 trillion of “something for nothing” during the last 16 years, while the Washington politicians and policy apparatchiks were happy to pretend that the “independent” Fed was doing god’s work of catalyzing, coaxing and stimulating more jobs and growth out of the US economy.

Keiser Report: The New Capitalist Fueled Collectivism in the United Kingdom



A 9 Year Old Boy Discusses the Universe





Sphere Alliance Message #157
On activating I-COMMS,
Remembering Dreams
Are Chakras Real?


May 9, 2016
By American Kabuki

This is a personal conversation I had today with Nabrac, and a tad of data from Stan X of the SA Data Collectors.  I have deleted the more personal stuff but I thought some of this other information might be of value to you in the audience.   

A week ago we learned the membrane/veil of consciousness, is a living entity, specifically created to create the experience of separation by choice of everyone here.  It is not "evil" in itself, it was just doing what it was created to do. Its mission is now complete.  It is what is separating the inner-grated realms of the SA from this realm.  The membrane is slowing withdrawing so as not to startle everyone on the planet.  I have some more data on this, but have to go back through some old SMS messages to find it. The post today is via SMS messages, so no Skype time and date stamps on the data.

Today I learned from Nabrac that it is possible for individuals to disconnect from the membrane at will. I have not yet tried this technique but will tonight.   I thought I'd share the information for everyone.

I will be going on the road shortly so posts might not be so frequent this week.  Enjoy!

PS: Thanks for all your help in donations! GREATLY APPRECIATED!!!!


Today May 9, 2016

Terran: Can I speak with NABRAC?

Denice: Go for NABRAC.

Terran: What is the status of the new earth?

Nabrac: TERRAN. THERE IS NO MEASURE AVAILABLE. IT IS "HERE" BUT NOT YET VISIBLE. NABRAC.

Terran: How do I expand ICOMMS so we can directly communicate, you and I? 

Nabrac: TERRAN. FOCUS YOUR 'INTENTION' ON THAT PARTICULAR EXPANSION. THEN EXPAND YOUR HEART. NABRAC.

Terran: How do I expand my heart?

Nabrac: TERRAN. YOU HAVE DONE IT BEFORE. 

  1. BREATHE IN THE PURE ENERGY OF SOURCE. 

  2. VISUALISE EACH HEART CELL EXPANDING.

  3. SEE THE 'COMMS' CENTER. FOCUS ON IT. 

  4. ACTIVATE IT. NABRAC.

Terran: That is most helpful!

Nabrac: TERRAN. U DO MAGNIFICENTLY! NABRAC.

Terran: I struggle at times with inner programming from childhood [fear, self-doubt, religious fear of divine retribution should I screw up... etc] and other experiences from this incarnation. Why was it I came in with so many limits compared to others? Was that by choice?

Nabrac: TERRAN. YOUR PARTICULAR 'POSITION' NOW IS PART CHOICE. PART 'CIRCUMSTANCES'. NABRAC.

Terran: How do I expand the dream state so that I remember the night work?

Nabrac: TO EXPAND YOUR DREAM RECALL FOCUS ON TWO PARTS. 
  1. BREATHING IN THE PURE ENERGY OF SOURCE EXPAND AND ACTIVATE THE MEMORY CENTER IN YOUR BRAIN.

  2. THEN ALSO DISSOLVE THE 'VEIL' CONNECTION AS YOU LOCATE IT.  NABRAC.

Terran: Is the veil location internal or external?

Nabrac: TERRAN. THE VEIL/MEMBRANE IS EXTERNAL AND CONNECTED TO EVERY HUMAN "CENTRAL NERVOUS SYSTEM". NABRAC.

Terran: Does dissolving the connection only work for me or the entire human race?

Nabrac: TERRAN. U DISSOLVE FOR U. THEN THE ENTITY BEGINS A FULL RETREAT. NABRAC.

Terran: How and where is it connected?

Nabrac: THE CONNECTION IS MOVEABLE. FROM CROWN TO NECK. VISUALIZE IT. EASE IT "OFF". NABRAC.

Terran: On a related subject are chakras real?

Nabrac: TERRAN. CHAKRAS ARE VORTICES/CONNECTIONS THAT NO LONGER SERVE IN THE NEW. NABRAC.

Terran: Were chakras energy depletion [energy harvesting] connections?

Nabrac: TERRAN. THE CONNECTIONS COULD BE USED BOTH WAYS. FEW KNEW HOW TO 'USE' THEM. NABRAC.

Terran: In what sense could they be used both directions?

Nabrac: TERRAN. SOME CONTROLLERS/MASTERS USED THEM TO 'PULL/DRAW' ENERGY. OTHERS "FILLED/PUSHED" ENERGY. NABRAC.

Terran: Those that pushed energy was it positive energy or negative energy? The chakra concept does not make sense to me in the light of vortex math and that all energy transfers seem to via a torus/vortex. Chakras seem perpendicular to natural flow of energy

Nabrac: TERRAN. PUSHED ENERGY WAS TO BALANCE.  CHAKRAS ARE PRIMITIVE VORTICES. NON TORAL. NABRAC.

Denice: I am getting the image of a funnel. . .the CHAKRAS. Like a tornado. Small.

Terran: When were chakras introduced to humans and why?

[The conversation here shifted to Stan X, I do not know why.]

Stan X: DEAR ONE/AK/TERRAN. CHAKRAS WERE INTRODUCED TO HUMANS POST ATLANTIS II. CHAKRAS WERE ONE SUBTLE AND PAINLESS OUTLET FOR ENERGY HARVEST. DATA COLLECTORS STAN.X. END.

Terran: Would having "aligned chakras" make ones energy more harvestable or less so?

Stan X: DEAR ONE/AK/TERRAN. 'ALIGNING THE CHAKRAS' DID NOT PREVENT HARVEST.  

BALANCED ENERGY DID HELP TO PREVENT HARVEST. 

FEAR CREATED THE GREATEST 'INBALANCE". 

DATA COLLECTORS. STAN.X. END.

This blog is supported by ads and donations. If you enjoy this blog please consider supporting it with a contribution via PayPal.