Central Banks Funding World War: Dollar Value First Casualty | Jack Mullen

Articles & Chapters, Economics

One can say without exaggeration that inflation is an indispensable means of militarism. Without it, the repercussions of war on welfare become obvious much more quickly and penetratingly; war weariness would set in much earlier. –Ludwig Von Mises –

The war machine and the money machine, in short, are intimately linked. It is vain to denounce the moral grotesqueries of the U.S. empire without at the same time taking aim at the indispensable support that makes it all possible. If we wish to oppose the state and all its manifestations — its imperial adventures, its domestic subsidies, its unstoppable spending and debt accumulation — we must point to their source, the central bank, the mechanism that the state and its kept media and economists will defend to their dying days. – How Central Banks Fund Our Age of Endless War

It is no coincidence that the century of total war coincided with the century of central banking. – Ron Paul

Americans have only the captured and centrally controlled media to explain why Americans should send resources, including billions of central bank-created dollars, military hardware, and training personnel, to Ukraine.

Americans have no obligation or reason to support Ukraine in a contrived prolonged, escalating war that has a high probability of evolving into a total World War (if needed).

This war is costing hundreds of thousands of lives and billions of dollars, most of which come from the U.S.; money that could have served better uses at home in the U.S. or, better yet, money never created. Money wasted in Ukraine still causes dollar inflation in the United States.

As of this writing, over $81 billion has been borrowed from Central Banks, and these loans will have to be repaid.

The fear of war and the ongoing coverage of the media are deliberate distractions keeping Americans from focusing on the escalating issues in the American financial system. Further, the war in Ukraine is another war with a political agenda that is not consistent with the ostensible reason for the war. This war is a staged battle to advance the Great Reset agenda.

The Great Reset requires the destruction of the U.S. dollar and the American middle class.

Servicing The Debt

As I have discussed in my previous articles, a debt-based currency, like the U.S. Dollar, has a shelf life. When debt created reaches a critical point, inflation and liquidity become big problems for the financial system.

Maintaining liquidity is only possible by creating more debt – something that is unsustainable.

The short-term solution is to inject new currency (money) into the system continuously and with increasing frequency. Injecting cash into the system reduces the likelihood of immediate liquidity problems and increases inflation and additional interest payments.

Thus, this is like a game of rolling a snowball. As the debt increases, more debt is required, and the debt ball gets larger, requiring exponentially increasing borrowing to cover the liquidity needed for servicing the debt.

It is axiomatic that World War is Not Possible without Central Banking. Central Banking profits the most during the war, often funding both sides.

Without central banking and its ability to steal purchasing power to prolong the war, no world war or large regional war could last for long periods of time.

For instance, during World War I, the British and French governments had to borrow extensively from the U.S. Federal Reserve to finance their war efforts.

With access to the Federal Reserve, these governments could finance their war effort for an extended amount of time.

Similarly, due to its access to the Federal Reserve, the U.S. government could finance its war effort at a much lower rate of interest during World War II than the other countries involved.

Thus, it is clear that a nation can fight a prolonged war with access to the Federal Reserve.

World War I was funded primarily by the U.S. Federal Reserve, which allowed the United States to finance the war effort without the need to collect taxes from the population.

Furthermore, the U.S. could finance the war effort at a much lower rate of interest than it would have been able to without the Federal Reserve.

Central Bank-funded war insulates the taxpayer from an immediate increase in income taxes. Nevertheless, they are still heavily taxed by the secret theft called inflation because the purchasing power of dollars decreases with each new dollar introduced to fight the war or make payments on war borrowing.

Citizens of a nation get no benefit from world war, getting nothing in the form of the spoils of war while suffering the costs via increasing taxes and devalued currency, larger loss of life, and the destruction of valuable property.

World Wars one and two were fought on behalf of bankers for the New World Order and the agendas unfolding.

World wars are not fought to benefit or protect any people. War-caused population reduction was just part of the war agenda.

Artificial Intelligence GTP3 On War and Central Banks

The response to the newly launched chatGP3 and derivative applications is enormous. Everybody's talking about the power of A.I. to access vast amounts of data in just a split second. I thought I would ask GPT3 some questions about Central Banking and war.

After I prompted the GTP3 AI into expressing its answers as though it were a long-time historian with special interests in the relationship between central banking and world war, I asked the following question with the answer below.

J.M.: By induction, the destruction of property and life caused by world war could be reduced dramatically through the elimination of central banking, would you agree with this position?

GPT3: I would agree that the destruction of property and life caused by world war could be reduced dramatically through the elimination of central banking. Central banking has been used to finance wars for centuries, as it allows nations to borrow money at a much lower rate than they would be able to do without a central bank. This gives nations an advantage in being able to finance their war efforts for longer periods of time, leading to more destruction and loss of life.

GPT3: By eliminating central banking, nations would not be able to borrow money at such low rates and would be less likely to engage in prolonged wars.

Further Questioning Concerning World War One and Two

J.M.: Can you estimate the time a nation such as Britton or France could have remained in WWI and WW2 without central bank funding?

GPT3: It is difficult to estimate the exact amount of time a nation such as Britain or France could have remained in World War I and World War II without central bank funding. However, these nations would likely have been unable to finance their war effort for more than a few months without access to the Federal Reserve.

GPT3: During World War I, the British and French governments had to borrow extensively from the U.S. Federal Reserve to finance their war effort. During World War II, the U.S. could finance its war effort for much longer than the other countries involved in the war due to its access to the Federal Reserve. Thus, without access to the Federal Reserve, no nation could fight a prolonged war.

World War I and II were not fought for the benefit of the people of Europe. These wars were not fought to protect Briton from Germany or keep the world safe for Democracy. These wars were fought for a well-known political agenda funded by Central Banking. It is estimated that upwards of 100 million were killed due to World War 2 alone.

The death, destruction, and unlawful fulfillment of an agenda hidden from the public would not have been possible without central banking.

It has been the same for all other U.S. wars, military campaigns, and occupations of foreign nations by the United States since 1913.

Recently, the Covid-19 plandemic would not have been possible without central banking, including the deaths caused by the mistakenly called vaccine. The lethal JAB was only developed because of the endlessly deep pockets of central banking.

Central Banking Must Be Eliminated.

Central banking is now busy working to destroy the American middle class and bring in a new financial system that will enslave Americans long-term if adopted.

This system, called Central Bank Digital Currency CBDC, will be introduced to Americans in July of this year.

The new banking system must be refused by anyone wishing to remain at liberty to control their own life.

The U.S. Federal Reserve has been actively working on a central bank digital currency (CBDC). At least two prototypes of a digital dollar are near completion, developed by officials at the Federal Reserve Bank of Boston and the Massachusetts Institute of Technology (MIT). They plan to unveil their research as soon as July, said James Cunha, who leads the project for the Boston Fed. IBID

Market Summary

Inflation is still the main driver of today's market. Although the media is quick to downplay inflation, claiming it's not rising as fast as it was. Inflation is silently and relentlessly rising.

Central Banks have not made any effort to control inflation; rather, they have made efforts to continue spending and increase inflation.

The first causality of this war will be the dollar's purchasing power.

Raising interest rates while simultaneously pumping billions of dollars into the economy can only increase inflation and harm the market and the consumer. By raising interest rates, whole categories of purchases are taken off the table for the consumer. In contrast, bubble prices in numerous market categories deflate, causing unemployment, devaluation of assets, and insolvency for some segments, such as banking.

Housing Market

I see a long rough road ahead in the housing market. Housing has been in a bubble for years, reaching heights even higher than the housing market just before the 2008 financial collapse.

This bubble must deflate, and many people will suffer while home prices find stable values.

Housing market: Jason Oppenheim warns of an ‘armageddon' in the real estate industry.

The air is blowing out of the Automobile price bubbles. The rising interest rates (federal funds rate) are causing a rise in automobile repossession rates which are just under 6% right now.

Today's car market is worse because negative equity is higher than ever in the past 20 years.

The used car market prices have been in a super bubble pushing prices and loan values much higher resulting in very high car payments and increasing numbers of payment delinquencies.

The portion of Americans that are “severely delinquent” on their car loans in December hit the highest level since February 2009, according to analytics firm Cox Automotive.

l While Cox Automotive was still calculating total repossessions for 2022, the company's analysts anticipate the result to be somewhere between the 1.14 million conducted in 2021, and 1.68 million that took place in 2019, a Cox Automotive spokesperson told the DCNF. – People Are Falling Behind On Their Car Payments At Levels Not Seen Since The Financial Crisis

Market Snapshots

Market analysts say tough times are coming: Banks brace for more consumers to fall behind on their loans.

Factory orders fall 8th time out of 9 months.

WHO recommends stockpiling radiation drugs in case of ‘nuclear emergency'. Central banks are funding a potential nuclear world war, and this article appears coincidently.

FairTax, the GOP plan for a 30 percent national sales tax, explained. One of the most destructive ideas I have heard in a long time.

Layoffs continue while unemployment stands at roughly 25%, according to John William's (shadowstats.com) alternative employment data.

Silver and Gold Market

A Commodity SUPER-SPIKE Is Coming. Are You Ready for It?

Bankers preparing for the demise of the dollar: Central Banks Are Buying Gold At The Fastest Pace In 55 Years

Today commodities, in general, are in massive INVERSE bubbles; therefore, when risk-on eventually becomes risk-off, and it will, the price of commodities will SUPER-SPIKE.

Silver demand reached an all-time high in 2022, according to the Silver Institute.

Demand for silver was expected to have reached a new high of 1.21 billion ounces in 2022, up 16 percent from the year before, driven by increases in industrial use, jewelry and silverware offtake, and physical investment.

Mining stocks are beginning to come alive and giant companies like BHP are reporting record high earnings and stock prices. Junior mining stocks are at the launch pad and judiciously choosing the right company might be your key to banker independence over the next few years.

Demand for Silver will continue to increase this year.

Silver Spot Price: $23.77 | 1 oz. Silver Eagle Price $36.07 | Premium 51.75%↓

Gold Spot Price: $1929.30 | 1 oz. Gold Eagle Price $2,081.25 | 7.87% ↓

$50 face value junk silver $1154.50 | 35.6% over spot price for 71.5% silver quarters↓

10 Yield: 3.55% ↑

Crude Oil Price: $77.91 ↓

* note arrows show price increase or decrease over the last article.

Market analyst Super Star Greg Mannarino says it all. It is explained and like me Mannarino thinks silver is the most undervalued asset on Earth. 

Final Comments:

Central banking is a parasitical oppression created to steal a tiny bit of your purchasing power for every dollar borrowed and spent into existence while taxing the people to cover the interest payments. A centralized monetary system is a dangerous idea.

Right now, bankers are working to end the reign of the U.S. Dollar as the world's reserve currency.

When this is complete, the U.S. Dollar will lose much, if not all, of its purchasing power because trillions of dollars will come rushing home to push prices higher and higher.

As part of the ending process, the so-called leaders of The United States, Mexico, and Canada signed an agreement called the Declaration of North America (DNA). For those who understand the long-term plans of those attempting to create a New World Order, the United States will fade away as a sovereign nation and join Mexico and Canada as part of the North American Union.

Global governance via Regionalism is explained in this report published in 1995 by a self-recognized authority called the Commission of Global Governance. The report is called Our Global Neighborhood, created as a blueprint for those revolutionaries planning massive changes for the world's people.

To say that things are moving fast is acknowledging what most of us feel. The World changers, who are not elected and do not represent the people as a whole by any means, are expecting Americans to sign on to the changes they have in mind – regardless of the catastrophic loss of liberties, privacy, and the right to live our lives as a means to our ends.

When those that control our world feel threatened or wish to implement substantial change, they routinely create war. The war card is on the table now waiting for the time it might be needed.

However, world wars or extensive agenda-driven regional wars are impossible without Central banks. Central Banking is the power source, the plug, so to speak, that can and would de-energize the agenda to enslave humanity if only someone would pull it!

Pull The Plug

Commit to standing up for yourself and your loved ones, and move your assets away from the dollar, bet against the debt and the dollar, and defend the value of your wealth.

Banks are increasingly more unstable, and when the next bank insolvency crisis causes the banks to bail in and offer bank stock in lieu of your dollar bills, you should have a diversity of banks wherein you keep, spread equally over the banks, the dollar assets you need on hand.

For the foreseeable future, stock up on food, water, and fuel—plan for many scenarios – including bank holidays and closures. Also, plan for food shortages and power shortages. See my list below for more ideas.

Here are a few things of immediate importance.

Move out of cities.

Convert dollars that will be held hostage in the banking system to silver (and gold).

Keep Enough cash on hand for a month of typical requirements.

Keep stocking up on food.

Purchase productive assets (farms, farmland, tractors, specialized machinery).

Make preparations for gasoline and diesel fuel shortages coming this winter.

Obtain necessary components of cooking – cooking oils, flour, sugar, seasonings, etc.

Learn new skills. Fishing, hunting, food storage, gardening.

Purchase a water purification system.

Invest in solar equipment for power generation.

Consider communications a priority and invest in radio equipment (shortwave receivers, shortwave radios (get your license), GMRS radios.

Please note that the so-called “Junk Silver” is a fantastic way to own fractional silver and carry and use silver in a familiar, safe manner. Please see my new article, What is Junk Silver and Why You Should Buy Some. In this article, I explain how to price and buy “junk silver” and why it is a good idea to get some – oh, and get it soon.

** Ideas and suggestions in this article are my own opinions and are not intended to be financial advice.

Jack Mullen



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