– The War Economy (aka “WAR ON TERROR“) –
With the institutional deployment of extraordinary emergency measures (bank bailouts, zero and near zero interest rates, “quantitative easing”, market manipulations, capital controls, and monetary reforms) this is the result!
The “War On Terror” added $2 trillion to the debt as of the FY 2018 budget.
“It will not end until every terrorist group of global reach has been found, stopped, and defeated.” (Source: “Bush Addresses Nation,” Washington Post, September 20, 2001.)”
…There are several components of the money supply,: M1, M2, and MZM (M3 is no longer tracked by the Federal Reserve); these components are arranged on a spectrum of narrowest to broadest. Consider M1, the narrowest component. M1 is the money supply of currency in circulation (notes and coins, traveler’s checks [non-bank issuers], demand deposits, and checkable deposits). A decreasing velocity of M1 might indicate fewer short- term consumption transactions are taking place. We can think of shorter- term transactions as consumption we might make on an everyday basis.
The broader M2 component includes M1 in addition to saving deposits, certificates of deposit (less than $100,000), and money market deposits for individuals. Comparing the velocities of M1 and M2 provides some insight into how quickly the economy is spending and how quickly it is saving.
MZM (money with zero maturity) is the broadest component and consists of the supply of financial assets redeemable at par on demand: notes and coins in circulation, traveler’s checks (non-bank issuers), demand deposits, other checkable deposits, savings deposits, and all money market funds. The velocity of MZM helps determine how often financial assets are switching hands within the economy. –Federal Reserve Bank of St. Louis
War on Terror Costs Summary Table (in billions)
|FY||WoT OCO||DoD Budget Increase||VA Budget Increase||Total WoT||Boots on Ground*|
* Boots on Ground is the number of troops in Iraq and Afghanistan. From 2001 – 2013, it’s as of December of that year. For 2014, it’s as of May. From “The Cost of Iraq, Afghanistan, and Other Global War on Terror Operations Since 9/11,” Table A-1, Amy Belasco, Congressional Research Service, March 29, 2014. For 2015, it’s from the fourth quarter. For 2016, it’s from the second quarter. From “Department of Defense Contractor and Troop Levels in Iraq and Afghanistan: 2007-2016,” Table 3, Heidi M. Peters, Congressional Research Service, August 15, 2016.
“That $2 trillion spent on the War on Terror created 17 million jobs. But if it had gone toward education instead, it would have created almost 36 million jobs.” –thebalance.com
REMEMBER: This Is Not An Accident, It Is Policy.
There is increasing chatter in mainstream media about banking, market, economic, government, and social troubles.
While many of us truth seekers have been blogging about this for years, executives and career professionals have now begun to repeat it over mass media platforms, reaching millions worldwide.
Mass deception is being revealed to all who will not ignore it.
This may indicate how near the impending crisis is… ~Ron
Mass Media Says:
The global war on terror created an obsession with threats and fear — an obsession that has become so routine and institutionalized that it is …
As the military takes on more extremist groups, legal authorization grows more important.
The chart of an obscure index is making its way around Wall Street. Could it suggest that traders are getting worried about a crash?
A DRAMATIC fall in oil prices has sent waves of fear through markets amid warning signals a large stock crash is looming.
FEARS of a severe stock market crash are growing as a number of warning signs flash red, suggesting a huge sell-off could be looming after months of record …
While equity market euphoria at the prospect of President Donald Trump’s spendthrift, deregulatory agenda remains undimmed, bond investors are sending a …
The latest is coming from the bond market. As the stock market heats up, so too are the expectations that the Fed will hike rates. World Interest Rate Probability …
PENSION WARNING: Tens of THOUSANDS of people retiring this year have NO savings. TENS of thousands of people who are planning to give up work this …
The Financial Conduct Authority (FCA) is extending its risk warnings on the lifetime ISA to include information about losing employer contributions on personal …
German pensions crisis is warning to rest of the world. Social Protection Minister Leo Varadkar has a lot of work to do in relation to pension schemes.
The teachers’ pension fund in Puerto Rico looks very much like a legalized Ponzi scheme — one that might hold a warning for teachers across America.
Miami, Florida is experiencing a housing/Condo turmoil:
Many have decided that they want to get away from the major population centers before we find out the answer to that question.
For example, not too long ago the Chicago Tribune ran a story about why so many preppers are moving to the Great Northwest.
Less than a week ago, Fake News CNN ran an article entitled “Billionaire bunkers: How the 1% are preparing for the apocalypse“…
In other words, Trump is ramping up America as a war economy, an economy that will serve foreign wars and a class war at home. The very people who formed …
1988 Cover of the ECONOMIST Magazine.