shtfplan--2020-12-03--Do You Really Think the Empire Will Sacrifice the Dollar to Further Enrich Billionaires?

This article was originally published by Charles Hugh Smith at Of Two Minds Blog .
As for stock markets–the devil take the hindmost .
Let ’ s keep it simple : US dollar up , stocks down .
US dollar down stocks up .
Stocks up , billionaires get richer .
Since that spot of bother in March 2020 when the US dollar ( USD ) soared and stocks cratered , the USD has been in a free-fall , boosting the wealth of America ’ s Robber Barons and various other skimmers , scammers , and other undeserving scoundrels .
@ @ @ @ @ @ @ the decline of the USD are global stock markets which have soared not because revenues and profits are soaring but because the USD has plummeted .
The Federal Reserve is widely worshiped as the Ultimate Power in the Universe , a kind of financial Death Star .
The Fed has seen fit to crush the USD to further boost the wealth of billionaires and save global stock markets from their well-deserved ruin .
Saving the world , ho-hum , just another day for the god-like Fed .
But something doesn ’ t quite @ @ @ @ @ @ @ all-powerful Fed devalues the US dollar , it destroys the exorbitant privilege of America ’ s reserve currency .
What ’ s the exorbitant privilege ?
Simply this : the owner of a reserve currency can create “ money ” ( USD ) out of thin air and trade it for autos , oil , semiconductors–real-world goods that were not created out of thin air .
Rather , all these real-world goods required tremendous investment and significant costs to be produced and transported .
The exorbitant privilege is something for nothing–a remarkably good @ @ @ @ @ @ @ is the Fed is going to throw that privilege in the dumpster by pushing the USD into the ground , first by devaluing it relative other currencies and then by letting hyper-inflation destroy what ’ s left of its purchasing power .
It is not an exaggeration to say that the ability to create “ money ” out of thin air and trade it for real-world goods is the foundation of America ’ s global power , what I call the Imperial Project .
The same can be said for the other reserve @ @ @ @ @ @ @ .
( Since China ’ s currency is pegged to the US dollar , it is not a true reserve currency ; it is only a derivative of the USD . )
So let me get this straight : the Fed is consciously choosing to undermine and then lay waste to the foundation of American power–just to boost Robber Barons and zombie global stock markets ?
I don ’ t think so .
That the Fed would pursue a suicidal destruction of the purchasing power of the dollar just to boost stock markets @ @ @ @ @ @ @ is not the Empire , it is the handmaiden of the Empire .
The Fed ’ s dual mandate– for PR purposes , stable employment and prices–is actually balancing the conflicting demands of a global and domestic currency–Triffin ’ s Paradox writ large .
The inherent problem with a reserve currency is that it must meet global economic needs and domestic needs , and these are intrinsically in conflict .
America ’ s billionaires and pension funds want the US stock market to loft higher on the back of a declining USD , @ @ @ @ @ @ @ of the USD–a trend heading for economic ruin .
The Fed has had numerous reasons to weaken the dollar since March : a desperate need to “ save ” global stock markets from well-deserved collapse , and an equally desperate need to keep the dollar weak so global debtors with loans denominated in dollars can manage to service their trillions in USD-denominated debts .
But drawing a line extending this short-term necessity all the way to hyper-inflationary oblivion is a grave misreading of the Empire ’ s need for the exorbitant privilege of @ @ @ @ @ @ @ about done with its “ rescue ” of billionaires and global markets and debtors .
Against virtually all expectations of seers , pundits , gurus , etc .
the USD is about to start serving the Empire in its foundational role .
As for stock markets–the devil take the hindmost .

This article was originally published by Charles Hugh Smith at Of Two Minds Blog.
As for stock markets–the devil take the hindmost.
Let’s keep it simple: US dollar up, stocks down. US dollar down stocks up. Stocks up, billionaires get richer. Since that spot of bother in March 2020 when the US dollar (USD) soared and stocks cratered, the USD has been in a free-fall, boosting the wealth of America’s Robber Barons and various other skimmers, scammers, and other undeserving scoundrels.
Chief among the undeserving scoundrels feasting on the decline of the USD are global stock markets which have soared not because revenues and profits are soaring but because the USD has plummeted.
The Federal Reserve is widely worshiped as the Ultimate Power in the Universe, a kind of financial Death Star. The Fed has seen fit to crush the USD to further boost the wealth of billionaires and save global stock markets from their well-deserved ruin. Saving the world, ho-hum, just another day for the god-like Fed.
But something doesn’t quite add up here, for as the all-powerful Fed devalues the US dollar, it destroys the exorbitant privilege of America’s reserve currency. What’s the exorbitant privilege? Simply this: the owner of a reserve currency can create “money” (USD) out of thin air and trade it for autos, oil, semiconductors–real-world goods that were not created out of thin air. Rather, all these real-world goods required tremendous investment and significant costs to be produced and transported.
The exorbitant privilege is something for nothing–a remarkably good deal. And yet the universal expectation is the Fed is going to throw that privilege in the dumpster by pushing the USD into the ground, first by devaluing it relative other currencies and then by letting hyper-inflation destroy what’s left of its purchasing power.
It is not an exaggeration to say that the ability to create “money” out of thin air and trade it for real-world goods is the foundation of America’s global power, what I call the Imperial Project. The same can be said for the other reserve currencies, the euro and the yen. (Since China’s currency is pegged to the US dollar, it is not a true reserve currency; it is only a derivative of the USD.)
So let me get this straight: the Fed is consciously choosing to undermine and then lay waste to the foundation of American power–just to boost Robber Barons and zombie global stock markets? I don’t think so. That the Fed would pursue a suicidal destruction of the purchasing power of the dollar just to boost stock markets and billionaires–that beggars belief.
The Fed is not the Empire, it is the handmaiden of the Empire. The Fed’s dual mandate– for PR purposes, stable employment and prices–is actually balancing the conflicting demands of a global and domestic currency–Triffin’s Paradox writ large.
The inherent problem with a reserve currency is that it must meet global economic needs and domestic needs, and these are intrinsically in conflict. America’s billionaires and pension funds want the US stock market to loft higher on the back of a declining USD, but that diminishes the global purchasing power of the USD–a trend heading for economic ruin.
The Fed has had numerous reasons to weaken the dollar since March: a desperate need to “save” global stock markets from well-deserved collapse, and an equally desperate need to keep the dollar weak so global debtors with loans denominated in dollars can manage to service their trillions in USD-denominated debts.
But drawing a line extending this short-term necessity all the way to hyper-inflationary oblivion is a grave misreading of the Empire’s need for the exorbitant privilege of a strong dollar.
The Fed is about done with its “rescue” of billionaires and global markets and debtors. Against virtually all expectations of seers, pundits, gurus, etc. the USD is about to start serving the Empire in its foundational role. As for stock markets–the devil take the hindmost.


shtfplan--2020-12-03--The Ruling Class Claims They Are Getting The COVID-19 Vaccine

Bill Clinton , George W. Bush , and Barack Obama all say they will be getting the new Coronavirus vaccine .
As if we didn ’ t trust the ruling class already , this should seal the deal .
This is an obvious bit of propaganda .
The three former presidents from both sides of the aisle ( political parasites and members of the ruling class ) have all pledged to take a COVID-19 vaccine on camera when it ’ s available to them , hoping to assuage fears at a time when recent polls have shown that just under @ @ @ @ @ @ @ take a vaccine , according to a report by Today .
As Brian with High Impact TV says , “ anytime a world leader takes a V-A-double-X on TV , it might behoove the general public to take a closer look.
” We know these three former presidents have all lied to us and deceived us , so the very idea of them taking the vaccine on video is laughable .
Even if they do get a shot , does anyone honestly believe it ’ s anything more than a simple saline solution @ @ @ @ @ @ @ ’ s 2020 and people are still falling for this .
Obama said on “ The Joe Madison Show ” on SiriusXM Wednesday that he was committed to taking a vaccine .
“ I promise you that when it ’ s then made for people who are less at risk , I will be taking it , and I may end up taking it on TV or having it filmed just so that people know that I trust this science , and what I don ’ t trust is getting COVID , ” @ @ @ @ @ @ @ aide Freddy Ford provided to NBC News and first reported by CNN indicated that the 43rd president ( who lied extensively about weapons of mass destruction and 9/11 to send the troops into endless wars ) would also be publicly taking the vaccine when it becomes available .
“ A few weeks ago President Bush asked me to let Dr. Fauci and Dr. Birx know that , when the time is right , he wants to do what he can to help encourage his fellow citizens to get vaccinated , ” Ford said @ @ @ @ @ @ @ to be deemed safe and administered to the priority populations .
Then , President Bush will get in line for his , and will gladly do so on camera.
” Not convinced yet ?
Well , let ’ s add in Bill Clinton .
He ’ s been an honest and upstanding ruler , right ?
( That ’ s sarcasm . )
Clinton ’ s staff indicated he would take the vaccine and potentially be filmed doing it , NBC News White House correspondent Kristen Welker reported on TODAY Thursday .
So @ @ @ @ @ @ @ your sleeve and submit , slaves .
The presidents are going to .
And there ’ s no way they ’ d ever lie and fake these videos of them getting the vaccine .
Of course , they ’ ll be getting the same shot they want us to take… ( sarcasm again )

Bill Clinton, George W. Bush, and Barack Obama all say they will be getting the new Coronavirus vaccine. As if we didn’t trust the ruling class already, this should seal the deal. This is an obvious bit of propaganda.
The three former presidents from both sides of the aisle (political parasites and members of the ruling class) have all pledged to take a COVID-19 vaccine on camera when it’s available to them, hoping to assuage fears at a time when recent polls have shown that just under half of Americans said they would not take a vaccine, according to a report by Today.
As Brian with High Impact TV says, “anytime a world leader takes a V-A-double-X on TV, it might behoove the general public to take a closer look.”
We know these three former presidents have all lied to us and deceived us, so the very idea of them taking the vaccine on video is laughable. Even if they do get a shot, does anyone honestly believe it’s anything more than a simple saline solution? Wake up, folks. It’s 2020 and people are still falling for this.
Obama said on “The Joe Madison Show” on SiriusXM Wednesday that he was committed to taking a vaccine. “I promise you that when it’s then made for people who are less at risk, I will be taking it, and I may end up taking it on TV or having it filmed just so that people know that I trust this science, and what I don’t trust is getting COVID,” he said.
A statement by Bush aide Freddy Ford provided to NBC News and first reported by CNN indicated that the 43rd president (who lied extensively about weapons of mass destruction and 9/11 to send the troops into endless wars) would also be publicly taking the vaccine when it becomes available. “A few weeks ago President Bush asked me to let Dr. Fauci and Dr. Birx know that, when the time is right, he wants to do what he can to help encourage his fellow citizens to get vaccinated,” Ford said. “First, the vaccines need to be deemed safe and administered to the priority populations. Then, President Bush will get in line for his, and will gladly do so on camera.”
Not convinced yet? Well, let’s add in Bill Clinton. He’s been an honest and upstanding ruler, right? (That’s sarcasm.) Clinton’s staff indicated he would take the vaccine and potentially be filmed doing it, NBC News White House correspondent Kristen Welker reported on TODAY Thursday.
So that’s it! Roll up your sleeve and submit, slaves. The presidents are going to. And there’s no way they’d ever lie and fake these videos of them getting the vaccine. Of course, they’ll be getting the same shot they want us to take… (sarcasm again)


shtfplan--2020-12-03--Facebook Vows To Ramp Up Censorship Of Vaccine Information

Dubbing it “ misinformation , ” Facebook has promised to censor any information that goes against the official tyrannical narrative that says we should all submit to the new COVID-19 vaccine .
The tech giant has updated its misinformation policies ahead of the first batch of vaccines being administered next week .
The ruling class and their puppets really don ’ t want people to decline this vaccine .
They are doing everything in their power to sell this snake oil to as many people as possible .
As the UK is on the brink of starting to administer COVID-19 @ @ @ @ @ @ @ policy to reflect that it will remove false claims about vaccines .
The tech giant updated its Coronavirus Newsroom post on Thursday with its commitment to taking down false information that has been debunked by public health experts regarding vaccines across Facebook and Instagram .
–CNET To date , Facebook says it has pulled down around 12 million pieces of content of this type on Facebook and on Instagram , which it also owns .
That ’ s a lot of censorship over a statistically irrelevant virus .
But they are doubling down @ @ @ @ @ @ @ have freedom of speech anymore and you don ’ t have the right to consume whatever information you decide is right for you .
The tech giants and government has made the decision for everyone .
Comply or be punished .
If this vaccine was so great , and the savior of humanity as it ’ s being portrayed , they wouldn ’ t have to try so hard to silence dissenters .
The United Kingdom said on Wednesday that it has approved the Pfizer vaccination for use and plans to start administering @ @ @ @ @ @ @ in the UK it is working closely with the government and the NHS to support their communication plans when it comes to rolling out the vaccine .
In the newsroom post , the company outlined the kind of material it expects to remove .
–CNET What a fancy way to say that the elitists , corporations , and the ruling class will work together to silence and censor the peasants and slaves into submission .
I wonder if Facebook and the governments of the world can “ read between the lines ” on @ @

Dubbing it “misinformation,” Facebook has promised to censor any information that goes against the official tyrannical narrative that says we should all submit to the new COVID-19 vaccine. The tech giant has updated its misinformation policies ahead of the first batch of vaccines being administered next week.
The ruling class and their puppets really don’t want people to decline this vaccine. They are doing everything in their power to sell this snake oil to as many people as possible.
As the UK is on the brink of starting to administer COVID-19 vaccinations, Facebook has updated its misinformation policy to reflect that it will remove false claims about vaccines. The tech giant updated its Coronavirus Newsroom post on Thursday with its commitment to taking down false information that has been debunked by public health experts regarding vaccines across Facebook and Instagram. –CNET
To date, Facebook says it has pulled down around 12 million pieces of content of this type on Facebook and on Instagram, which it also owns. That’s a lot of censorship over a statistically irrelevant virus. But they are doubling down on the censorship. You do not have freedom of speech anymore and you don’t have the right to consume whatever information you decide is right for you. The tech giants and government has made the decision for everyone. Comply or be punished.
If this vaccine was so great, and the savior of humanity as it’s being portrayed, they wouldn’t have to try so hard to silence dissenters.
The United Kingdom said on Wednesday that it has approved the Pfizer vaccination for use and plans to start administering it next week.
Facebook said that in the UK it is working closely with the government and the NHS to support their communication plans when it comes to rolling out the vaccine. In the newsroom post, the company outlined the kind of material it expects to remove. –CNET
What a fancy way to say that the elitists, corporations, and the ruling class will work together to silence and censor the peasants and slaves into submission.
I wonder if Facebook and the governments of the world can “read between the lines” on our hands…


shtfplan--2020-12-04--DOJ Quietly Amends Execution Protocols, Clearing the Way for Gas Chambers, Firing Squads

This article was originally published by Matt Agorist at The Free Thought Project .
As the massive human experiment in tyranny , censorship , and fear — otherwise known as 2020 — comes to a close , it just wouldn ’ t be complete without some government agency exhuming the ghost of despotism ’ s past .
In the cherry on top of the dumpster fire that is 2020 , the Justice Department has quietly amended its execution protocols , no longer requiring federal death sentences to be carried out by lethal injection and clearing the way to use other @ @ @ @ @ @ @ .
This news comes on the heels of the fact that Attorney General William Barr restarted federal executions this year after a 17-year hiatus .
Despite bipartisan resistance to this measure , the DOJ has executed more Americans in 2020 than they have in the previous five decades .
Apparently , the feds have put so many people to death this year that they are seemingly bored with their methodology and have moved to bring back gas chambers and death by firing squads .
Last month , with very little coverage in the @ @ @ @ @ @ @ rule was published in the Federal Register that allows the U.S. government to conduct executions by lethal injection or use “ any other manner prescribed by the law of the state in which the sentence was imposed.
” But fret not , Land of the Free , the changes were done in an ostensible effort to support state ’ s rights — or something like that .
According to the Associated Press , a Justice Department official — who asked to remain anonymous — said the change was made to account for the @ @ @ @ @ @ @ sentences to be carried out in the “ in the manner prescribed by the law of the state in which the sentence is imposed , ” and some of those states use methods other than lethal injection .
The feds promise not to send convicts to gas chambers or firing squads unless the states allow it .
The official told the AP the federal government “ will never execute an inmate by firing squad or electrocution unless the relevant state has itself authorized that method of execution.
” One of those states is @ @ @ @ @ @ @ in 2015 to resurrect the use of Utah ’ s firing squads .
Proponents of this method of state-sponsored murder claim that being shot to death by a group of marksmen is more humane than lethal injection .
To the contrary , the Washington , D.C.-based Death Penalty Information Center says that a firing squad is not a foolproof method because the inmate could move or shooters could miss the heart , causing a slower , more painful death .
One such case happened in Utah ’ s territorial days back in 1879 @ @ @ @ @ @ @ ’ s heart and it took him 27 minutes to die , according to newspaper accounts .
The real issue at hand , however , capital punishment , seems to be taking a back seat to all of this .
For the state to claim the responsibility of justly ending life , it means that the state must never be wrong .
Even the most ardent of statists will have to concede that an infallible state is but a terribly written fiction .
When the state is more concerned about how to go @ @ @ @ @ @ @ innocence , we have achieved peak oligarchy .
The National Registry of Exonerations at the University of Michigan Law School reported that 2,696 falsely accused prisoners were exonerated since 1989 .
Some of these people were set to die at the hand of the state for their convictions .
It is no secret that prosecutors will seek the maximum punishment for the maximum charge , and their conviction percentages are in the upper 90 ’ s .
Does that mean that these prosecutors are flawless machines hell-bent on distributing some mythical immaculate justice @ @ @ @ @ @ @ that the entire system wishes more to hand out punishments , instead of seeking truth ?
It is important to note that this is not a call for crimes to go unpunished , that would be irresponsible .
However , the slaughter of innocence is a far more grave thought .
In criminal law , Blackstone ’ s formulation ( also known as Blackstone ’ s ratio or the Blackstone ratio ) is the principle that : In a perfect system , irrefutable evidence would exist in every conviction .
But as the @ @ @ @ @ @ @ about cops framing innocent people illustrates , this system is far from perfect .
Until we strive for a more perfect system , the manner in which death is dolled out by the hand of incompetence , is of no significance , other than tyrants pumping their chests about new ways to kill .

This article was originally published by Matt Agorist at The Free Thought Project.
As the massive human experiment in tyranny, censorship, and fear — otherwise known as 2020 — comes to a close, it just wouldn’t be complete without some government agency exhuming the ghost of despotism’s past. In the cherry on top of the dumpster fire that is 2020, the Justice Department has quietly amended its execution protocols, no longer requiring federal death sentences to be carried out by lethal injection and clearing the way to use other methods like firing squads and poisonous gas.
This news comes on the heels of the fact that Attorney General William Barr restarted federal executions this year after a 17-year hiatus. Despite bipartisan resistance to this measure, the DOJ has executed more Americans in 2020 than they have in the previous five decades.
Apparently, the feds have put so many people to death this year that they are seemingly bored with their methodology and have moved to bring back gas chambers and death by firing squads.
Last month, with very little coverage in the media, the DOJ’s amended rule was published in the Federal Register that allows the U.S. government to conduct executions by lethal injection or use “any other manner prescribed by the law of the state in which the sentence was imposed.”
But fret not, Land of the Free, the changes were done in an ostensible effort to support state’s rights — or something like that.
According to the Associated Press, a Justice Department official — who asked to remain anonymous — said the change was made to account for the fact the Federal Death Penalty Act requires sentences to be carried out in the “in the manner prescribed by the law of the state in which the sentence is imposed,” and some of those states use methods other than lethal injection.
The feds promise not to send convicts to gas chambers or firing squads unless the states allow it.
The official told the AP the federal government “will never execute an inmate by firing squad or electrocution unless the relevant state has itself authorized that method of execution.”
One of those states is Utah, whose Republican-controlled House voted 39-34 in 2015 to resurrect the use of Utah’s firing squads. Proponents of this method of state-sponsored murder claim that being shot to death by a group of marksmen is more humane than lethal injection.
To the contrary, the Washington, D.C.-based Death Penalty Information Center says that a firing squad is not a foolproof method because the inmate could move or shooters could miss the heart, causing a slower, more painful death.
One such case happened in Utah’s territorial days back in 1879 when a firing squad missed Wallace Wilkerson’s heart and it took him 27 minutes to die, according to newspaper accounts.
The real issue at hand, however, capital punishment, seems to be taking a back seat to all of this. For the state to claim the responsibility of justly ending life, it means that the state must never be wrong. Even the most ardent of statists will have to concede that an infallible state is but a terribly written fiction.
John Adams once wrote:
It is more important that innocence should be protected, than it is, that guilt be punished; for guilt and crimes are so frequent in this world, that all of them cannot be punished….
When the state is more concerned about how to go about punishing the guilty, than protecting innocence, we have achieved peak oligarchy.
The National Registry of Exonerations at the University of Michigan Law School reported that 2,696 falsely accused prisoners were exonerated since 1989. Some of these people were set to die at the hand of the state for their convictions.
It is no secret that prosecutors will seek the maximum punishment for the maximum charge, and their conviction percentages are in the upper 90’s.
Does that mean that these prosecutors are flawless machines hell-bent on distributing some mythical immaculate justice? Or, does it actually mean that the entire system wishes more to hand out punishments, instead of seeking truth?
It is important to note that this is not a call for crimes to go unpunished, that would be irresponsible. However, the slaughter of innocence is a far more grave thought.
In criminal law, Blackstone’s formulation (also known as Blackstone’s ratio or the Blackstone ratio) is the principle that:
“It is better that ten guilty persons escape than that one innocent suffer”
In a perfect system, irrefutable evidence would exist in every conviction. But as the constant flow of articles on this site about cops framing innocent people illustrates, this system is far from perfect.
Until we strive for a more perfect system, the manner in which death is dolled out by the hand of incompetence, is of no significance, other than tyrants pumping their chests about new ways to kill.


shtfplan--2020-12-04--Why Central Bank Digital Currencies Are a Bad Idea

This article was originally published by Tomas Forgac at the Mises Institute .
Central bank digital currencies ( CBDC ) are being sold with the narrative of protecting consumers who are increasingly moving to cashless payments .
Some say that these cashless payments will rob us of the privacy advantages of cash while exposing us to bank runs , payment network blackouts , and foreign financial adversaries .
Yet while these risks are real , they would be negligible had it not been for the central banking and financial regulators ’ interventions into the market .
CBDCs make these interventions @ @ @ @ @ @ @ bigger ones .
While the stated intention behind CBDCs is to keep the commercial banks in the picture , these digital currencies will bring their end-users closer to the central banks .
This is because blockchains and blockchain-inspired distributed ledger technologies are built on a single common ledger , which is distributed either in a permissionless or permissioned manner .
The permissionless distribution exposes a lot of information about the network participants but in combination with proof-of-work verification makes it very difficult for an adversary to attack and overtake the network and , @ @ @ @ @ @ @ A permissioned network with no proof-of-work or similar consensus algorithm not only doesn ’ t provide the immutability feature but by having a single permissioned ledger gives potential control to those who grant the network privileges .
As a result , the central bank as the ultimate permission issuer would have much stronger control over the monetary system and payment network than it has right now .
This gives the central banks three very dangerous capabilities .
The reason why we ’ ve seen such an elevated business cycle over the past century @ @ @ @ @ @ @ .
Unnatural expansion of the money supply causes booms , which are unsustainable , and markets try to clear them when they are exposed as such .
Economists of the Austrian school understand that the boom is the real problem and the economic crisis is the necessary and positive cleansing mechanism .
Unfortunately , the ( neo- ) Keynesian response to such an event is to prop the markets up by further monetary interventions .
The problem is that the current design of the banking system requires the intermediary role of commercial banks @ @ @ @ @ @ @ banks get frustrated when the commercial banks exercise caution in an economy that hasn ’ t fully cleared the previous misallocations and hasn ’ t brought prices of capital goods to more sustainable levels .
Needless to say , commercial banks ’ cautious approach to consumer credit in a period of growing unemployment doesn ’ t align well with the central bank ’ s goals either .
During the covid crisis , the governments managed to an extent to get around these hurdles by issuing benefits en masse , but those are complicated @ @ @ @ @ @ @ .
Since the predominant Keynesian narrative is that spending drives the economy ( hint : it doesn ’ t—capital investments do ) , the central banks would like to spur more consumer spending by issuing money supply directly to consumers .
With closer integration of the monetary spigot and the end consumers and businesses , the central bank can much more easily issue credit or just outright cash-outs to the private individuals and commercial entities by simply “ airdropping ” new tokens to the existing users .
They would not even compromise their @ @ @ @ @ @ @ in the picture—they would still serve as custodians of the token keys and even have the ability to issue credit along the traditional lines .
This would lead to disastrous consequences .
Economies get easily addicted to central banks ’ dope .
With every new crisis , the chief monetarists have had to increase intervention doses the same way as junkies have to do with their drug of choice .
As with every addiction , the longer it lasts and the stronger it grows , the more difficult it is to cure .
@ @ @ @ @ @ @ ’ ve seen in Zimbabwe or Venezuela might not come for a long time , if ever , junkies don ’ t perform well , as Japan ’ s three lost decades of Bank of Japan ( BOJ ) interventions have demonstrated .
Hoarding is evil—or so the modern monetarists ’ narrative goes .
In the Keynesian framework , there is no space for the function of cash as a hedge in times of uncertainty .
Savings are just money that doesn ’ t work in spurring the miracles of spending- and money @ @ @ @ @ @ @ , then , are potentially the most effective method of preventing hoarding—by incentivizing savings account holders to spend their depreciating balances .
Currently , the central banks have to rely on commercial banks to pass the negative interest rates on to their customers , but commercial banks instead are trying to convince the account holders to move their deposits from negative-yielding accounts to interest-yielding products and are consuming the negative rates on most of the outstanding cash balances .
With the central bank tokens being tied more tightly to their issuance authority , @ @ @ @ @ @ @ monetary interventionists to impose negative interest rates on all tokens in circulation .
This would certainly increase the consumers ’ and businesses ’ propensity to spend and would also drive asset prices up as people tried to offload their cash savings .
But to think of this as something beneficial is foolish .
It was massive spending , record-low savings , and unsustainable asset valuations that led to the credit bubbles and crises of the past decades .
To think that more of the same recipe will lead to a different , let @ @ @ @ @ @ @ The final major implication of cash tokenization is the potential it creates for financial surveillance .
The central banks are ostensibly introducing digital tokens to protect people ’ s privacy in the face of those reducing their anonymous cash usage .
But the idea that a branch of government that imposes KYC/AML rules on existing crypto token platforms , limits physical cash use to prevent tax avoidance , and uses financial surveillance to catch nonviolent “ criminals ” cares about our privacy is laughable .
They ’ re not even hiding the fact @ @ @ @ @ @ @ to run what they call “ data analytics.
” To think that they would not make the leap from aggregate analytics to individual data processing would be naïve .
It ’ s not a coincidence that China is the global leader in CBDCs .
The surveillance potential of centralized tokenization is extremely attractive to a government that tries to keep tabs on every aspect of the lives of their underlings .
The proponents of the central banking tokens argue that consumers need to be protected against targeted attacks on a country ’ s @ @ @ @ @ @ @ exists—for example , if a country like Switzerland tried to provide anonymity for foreign depositors ( as it used to ) and as a result Visa and Mastercard were pressured to shut down their payment networks for the country—if it materializes , the economy can always temporarily revert to cash , supported by a vast network of local ATMs and bank branches .
If anything , the biggest attacks on monetary exchange in the Western world have come from the governments themselves suspending or limiting cash withdrawals in times of liquidity crises , @ @ @ @ @ @ @ Greece ( not to mention that central banks themselves caused those crises with their credit bubbles of the preceding periods ) .
The argument about the protection of consumer privacy doesn ’ t pass the laugh test considering the history of continuous erosion of financial privacy by central banks and financial regulators .
CBDCs Will Come and Will Make Things Worse In conclusion , the reasons why central banks champion CBDCs are the strongest reasons for which people should oppose the transition toward them .
But while the pretense of an investigation into @ @ @ @ @ @ @ there being a debate on the topic , the reality is that there is no debate : the digital currencies will go through and give central banks more control than they had before with all the disastrous consequences such control brings .

This article was originally published by Tomas Forgac at the Mises Institute.
Central bank digital currencies (CBDC) are being sold with the narrative of protecting consumers who are increasingly moving to cashless payments. Some say that these cashless payments will rob us of the privacy advantages of cash while exposing us to bank runs, payment network blackouts, and foreign financial adversaries.
Yet while these risks are real, they would be negligible had it not been for the central banking and financial regulators’ interventions into the market. CBDCs make these interventions worse and introduce some new, much bigger ones.
Design Implications
While the stated intention behind CBDCs is to keep the commercial banks in the picture, these digital currencies will bring their end-users closer to the central banks. This is because blockchains and blockchain-inspired distributed ledger technologies are built on a single common ledger, which is distributed either in a permissionless or permissioned manner. The permissionless distribution exposes a lot of information about the network participants but in combination with proof-of-work verification makes it very difficult for an adversary to attack and overtake the network and, e.g., change the inflation rate.
A permissioned network with no proof-of-work or similar consensus algorithm not only doesn’t provide the immutability feature but by having a single permissioned ledger gives potential control to those who grant the network privileges. As a result, the central bank as the ultimate permission issuer would have much stronger control over the monetary system and payment network than it has right now. This gives the central banks three very dangerous capabilities.
Helicopter Money
The reason why we’ve seen such an elevated business cycle over the past century is the central banking fiat money system. Unnatural expansion of the money supply causes booms, which are unsustainable, and markets try to clear them when they are exposed as such.
Economists of the Austrian school understand that the boom is the real problem and the economic crisis is the necessary and positive cleansing mechanism. Unfortunately, the (neo-)Keynesian response to such an event is to prop the markets up by further monetary interventions.
The problem is that the current design of the banking system requires the intermediary role of commercial banks in issuing credit to businesses. Central banks get frustrated when the commercial banks exercise caution in an economy that hasn’t fully cleared the previous misallocations and hasn’t brought prices of capital goods to more sustainable levels. Needless to say, commercial banks’ cautious approach to consumer credit in a period of growing unemployment doesn’t align well with the central bank’s goals either. During the covid crisis, the governments managed to an extent to get around these hurdles by issuing benefits en masse, but those are complicated by logistics, bureaucracy, or legislation. Since the predominant Keynesian narrative is that spending drives the economy (hint: it doesn’t—capital investments do), the central banks would like to spur more consumer spending by issuing money supply directly to consumers.
With closer integration of the monetary spigot and the end consumers and businesses, the central bank can much more easily issue credit or just outright cash-outs to the private individuals and commercial entities by simply “airdropping” new tokens to the existing users. They would not even compromise their stated intention of keeping the commercial banks in the picture—they would still serve as custodians of the token keys and even have the ability to issue credit along the traditional lines.
This would lead to disastrous consequences. Economies get easily addicted to central banks’ dope. With every new crisis, the chief monetarists have had to increase intervention doses the same way as junkies have to do with their drug of choice. As with every addiction, the longer it lasts and the stronger it grows, the more difficult it is to cure. And while monetary overdoses such as we’ve seen in Zimbabwe or Venezuela might not come for a long time, if ever, junkies don’t perform well, as Japan’s three lost decades of Bank of Japan (BOJ) interventions have demonstrated.
Negative Interest Rates
Hoarding is evil—or so the modern monetarists’ narrative goes. In the Keynesian framework, there is no space for the function of cash as a hedge in times of uncertainty. Savings are just money that doesn’t work in spurring the miracles of spending- and money supply–driven economic growth. Negative interest rates, then, are potentially the most effective method of preventing hoarding—by incentivizing savings account holders to spend their depreciating balances. Currently, the central banks have to rely on commercial banks to pass the negative interest rates on to their customers, but commercial banks instead are trying to convince the account holders to move their deposits from negative-yielding accounts to interest-yielding products and are consuming the negative rates on most of the outstanding cash balances.
With the central bank tokens being tied more tightly to their issuance authority, it would be much easier for the monetary interventionists to impose negative interest rates on all tokens in circulation. This would certainly increase the consumers’ and businesses’ propensity to spend and would also drive asset prices up as people tried to offload their cash savings. But to think of this as something beneficial is foolish. It was massive spending, record-low savings, and unsustainable asset valuations that led to the credit bubbles and crises of the past decades. To think that more of the same recipe will lead to a different, let alone better, outcome is ludicrous.
Financial Surveillance
The final major implication of cash tokenization is the potential it creates for financial surveillance. The central banks are ostensibly introducing digital tokens to protect people’s privacy in the face of those reducing their anonymous cash usage. But the idea that a branch of government that imposes KYC/AML rules on existing crypto token platforms, limits physical cash use to prevent tax avoidance, and uses financial surveillance to catch nonviolent “criminals” cares about our privacy is laughable.
They’re not even hiding the fact that tokenization of money would allow them to run what they call “data analytics.” To think that they would not make the leap from aggregate analytics to individual data processing would be naïve.
It’s not a coincidence that China is the global leader in CBDCs. The surveillance potential of centralized tokenization is extremely attractive to a government that tries to keep tabs on every aspect of the lives of their underlings.
Pro-CBDC Arguments Are Misleading
The proponents of the central banking tokens argue that consumers need to be protected against targeted attacks on a country’s payment network. While such a risk exists—for example, if a country like Switzerland tried to provide anonymity for foreign depositors (as it used to) and as a result Visa and Mastercard were pressured to shut down their payment networks for the country—if it materializes, the economy can always temporarily revert to cash, supported by a vast network of local ATMs and bank branches.
If anything, the biggest attacks on monetary exchange in the Western world have come from the governments themselves suspending or limiting cash withdrawals in times of liquidity crises, as was the case in Cyprus or Greece (not to mention that central banks themselves caused those crises with their credit bubbles of the preceding periods).
The argument about the protection of consumer privacy doesn’t pass the laugh test considering the history of continuous erosion of financial privacy by central banks and financial regulators.
CBDCs Will Come and Will Make Things Worse
In conclusion, the reasons why central banks champion CBDCs are the strongest reasons for which people should oppose the transition toward them. But while the pretense of an investigation into fiat money tokenization gives the impression of there being a debate on the topic, the reality is that there is no debate: the digital currencies will go through and give central banks more control than they had before with all the disastrous consequences such control brings.


shtfplan--2020-12-05--November Payrolls Preview: It’s About To Get Ugly Again

This article was originally published by Tyler Durden at ZeroHedge .
After several months of blistering job growth , economists expect the rate of US jobs growth to cool sharply in November , with consensus looking for 478k nonfarm payrolls to be added to the economy ( well below the 638k seen in October ) due to the broad-based resurgence of the coronavirus and related business restrictions which are consistent with a deceleration in job growth ; the jobless rate is seen declining by 0.1ppts to 6.8 % , although analysts will be paying attention to the U6 gauge of @ @ @ @ @ @ @ .
The reason for the declining expectations is that , as NewsSquawk writes , labor market gauges have mostly been on the soft side in November ; ADP ’ s gauge of payrolls expectations missed the consensus in November , lowering the bar for the official NFP data ; initial jobless claims data ticked up in the BLS survey reference week while continuing claims did not fall as much as analysts had expected ; ISM reports showed that labor market conditions in the manufacturing sector fell back into contraction territory , while the @ @ @ @ @ @ @ On the positive side , there will be strong growth in the construction industry and in trucking , courier , and delivery categories , reflecting favorable weather and the accelerating shift to e-commerce this holiday season .
The latter effect should help offset the drag from declining mall traffic in the retail .
Additionally , Markit ’ s gauge of services employment in November was positive , with the data compiler noting that firms were taking on staff at a rate not seen since the survey began in 2009 .
Another bright spot @ @ @ @ @ @ @ which fell sequentially , although remains still ugly on a y/y basis ; but even then , Challenger warned that hiring plans for the holidays were lower than last year , and the report warns about consumers ’ lower disposable income , which could hit spending and pressure the labor market in the months ahead .
The data will be released at 0830 EST ; here is what to expect courtesy of NewsSquawk : ADP : The private payroll data from ADP reported 307k jobs were added to the US labor market in @ @ @ @ @ @ @ although the prior was revised up 39k to 404k .
Although the headline was disappointing in November , with the pace of gains slowing , the report said job growth was still positive across all industries and sizes .
Analysts have noted that ADP ’ s gauge of the labor market has undershot the official BLS numbers since the COVID pandemic , although some note that the margins of the miss have become smaller .
JOBLESS CLAIMS : Initial jobless claims data which coincide with the BLS survey period saw claims tick up @ @ @ @ @ @ @ expected a little changed 707k ) ; continuing claims data for the survey period , however , fell to 6.07mln from 6.37mln , a little short of the consensus , which expected a fall to 6.02mln .
Pantheon Macroeconomics said that the rise in claims that week was not a one-time fluke , and was more likely the start of an upward trend that would persist until the COVID wave subsides .
Much depends on the extent of the inevitable upward kick which will be triggered by Thanksgiving gatherings , but that still @ @ @ @ @ @ @ through the year-end .
The consultancy said the path for the labor market would depend on what extent COVID cases ticked up in wake of the Thanksgiving holidays , where any significant rise could lead to layoffs continuing to rise through the end of the year .
Taking a broader view , heading into the October payrolls report , the four-week moving average was around 813k , and that fell to 744k in the BLS reference period ; that number has continued to edge lower in the weeks that have followed , auguring @ @ @ @ @ @ @ and accordingly , any payrolls upside surprise may therefore be given more credence by traders .
MANUFACTURING SURVEYS : The manufacturing ISM report reported worsening labor market conditions in November , with the employment sub-index falling nearly 5 points to 48.4 points , slipping back into contraction after just one month of printing above 50.0 again ; with that said , ISM noted that the employment index was still 20.9 points above the low of 27.5 points seen in April .
Nevertheless , the report said that the continued strong new-order levels and @ @ @ @ @ @ @ the remainder of Q4 , and qualitative commentary noted that for the third straight month , and with increased frequency , panelists ’ comments indicate that significantly more companies are hiring or attempting to hire than those reducing labor forces .
SERVICES SURVEYS : While most other labor market gauges in the month were erring on the soft side , metrics in the services sector – which accounts for over 70 % of US GDP – improved .
The ISM services PMI ’ s employment sub-index saw an uptick in the month , @ @ @ @ @ @ @ the third month above 50.0 ; respondents noted that they were unable to fill vacant positions with qualified applicants , and they were having to overstaff due to high turnover and people being quarantined .
And this better showing was also reflected in Markit ’ s data too , with the data revealing that the recent improvement in demand and the brightening outlook encouraged firms to take on extra staff at a rate not seen since the survey began in 2009 , underscoring how increased optimism is fuelling investment and expansion , boding @ @ @ @ @ @ @ CUTS : US-based employers announced 64,797 job cuts , the second-lowest monthly total for 2020 , according to Challenger ’ s data ( -19.7 % m/m , +45.4 % y/y ) ; in 2020 YTD , US employers have announced 2.23mln job cuts ( +298 % vs 2019 YTD ) , the highest annual total on record .
The report noted that the fall in disposable income seen in October will have an impact on spending , which will lead to further cuts ahead .
‘ Market conditions ’ were cited as the @ @ @ @ @ @ @ cuts , followed by ‘ demand downturn ’ , then ‘ restructuring ’ , and only then ‘ COVID ’ ( though COVID still leads all reasons this year , with over 1mln ) .
The report also said that companies announced 185.5k hiring plans in November , bringing the YTD total to 3.11mln ; of those just under 800k are related to seasonal hiring plans , which are down y/y when compared to 2019 levels .
The Third Wave .
The resurgence of the coronavirus produced a series of business restrictions and @ @ @ @ @ @ @ national job growth remained very strong during the second wave in the summer , it nonetheless weighed on affected states , with SunBelt service rehiring slowing sharply in July and August ( see Exhibit 1 ) .
Given the increased breadth and severity of the third wave , we expect a more visible impact on the national data .
And while the impact is likely to be larger in the December jobs report ( released on January 8th ) , indoor dining closures in Illinois at the beginning of the month and nearly @ @ @ @ @ @ @ of the month argue for softness in leisure and other services employment in tomorrow ’ s report .
Big Data .
High-frequency data on the labor market softened on net , averaging just +30k across six measures ( median +130k ) , as shown in Exhibit 2 .
Of note , only the Dallas Fed population survey is consistent with a larger-than-expected gain—though we note it also correctly flagged the strength in last month ’ s report .
ADP .
Private sector employment in the ADP report rose by 307k in November , @ @ @ @ @ @ @ job growth .
Census hiring .
Census temporary workers are set to lower nonfarm job growth by around 90k in tomorrow ’ s report .
Construction sector .
Favorable weather in early November coupled with the surgen in demand for single-family housing argues for a sizeable gain in the construction category in tomorrow ’ s report ( we assume roughly +100k , mom sa ) .
Job availability .
The Conference Board labor differential—the difference between the percent of respondents saying jobs are plentiful and those saying jobs are hard to get — @ @ @ @ @ @ @ +7.2 in November from +7.1 in October and +3.3 in September ) .
Jobless claims .
Initial jobless claims declined in the November payroll month but at a slower pace than during the summer , averaging 744k per week vs. 826k in October ( or -82k mom , vs. three-month-average change of -187k ) .
By week , initial claims rebounded in the first half of November , consistent with possible temporary layoffs due to the virus .
While continuing claims fell sharply between the payroll survey weeks ( -1.7mn ) , this @ @ @ @ @ @ @ to reemployment , and we place less weight than usual on this indicator .
Across all programs ( including emergency benefits ) , continuing claims fell by 0.9mn ( vs. -2.5mn in October , NSA ) .
Holiday hiring .
Non-seasonally-adjusted retail payrolls have risen by 460k in the last three Novembers ( on average ) , but with mall traffic down sharply due to the virus , we believe retailers are hiring fewer seasonal workers in 2020 .
While we assume a roughly 100k seasonally adjusted drag from this channel , we @ @ @ @ @ @ @ warehousing , and delivery categories due to accelerating e-commerce spending .
Job growth in those categories averaged +46k jobs over the last three months ( includes federal post office ) , and we expect a stable or faster pace in November .
Employer surveys .
Business activity surveys declined on the net in November , and the employment components of our survey trackers remained stable in a narrowly-expansionary territory ( non-manufacturing +0.4pt to 50.5 ; manufacturing-0.1pt to 54.4 ) .
Job cuts .
Announced layoffs reported by Challenger , Gray & Christmas fell @ @ @ @ @ @ @ by 38 % in October ( mom , sa by GS ) .
They remain 45 % above their November 2019 levels .

This article was originally published by Tyler Durden at ZeroHedge.
After several months of blistering job growth, economists expect the rate of US jobs growth to cool sharply in November, with consensus looking for 478k nonfarm payrolls to be added to the economy (well below the 638k seen in October) due to the broad-based resurgence of the coronavirus and related business restrictions which are consistent with a deceleration in job growth; the jobless rate is seen declining by 0.1ppts to 6.8%, although analysts will be paying attention to the U6 gauge of underemployment as well as the participation rate.
The reason for the declining expectations is that, as NewsSquawk writes, labor market gauges have mostly been on the soft side in November; ADP’s gauge of payrolls expectations missed the consensus in November, lowering the bar for the official NFP data; initial jobless claims data ticked up in the BLS survey reference week while continuing claims did not fall as much as analysts had expected; ISM reports showed that labor market conditions in the manufacturing sector fell back into contraction territory, while the services gauge showed only modest improvement.
On the positive side, there will be strong growth in the construction industry and in trucking, courier, and delivery categories, reflecting favorable weather and the accelerating shift to e-commerce this holiday season. The latter effect should help offset the drag from declining mall traffic in the retail. Additionally, Markit’s gauge of services employment in November was positive, with the data compiler noting that firms were taking on staff at a rate not seen since the survey began in 2009. Another bright spot was the Challenger job cuts data, which fell sequentially, although remains still ugly on a y/y basis; but even then, Challenger warned that hiring plans for the holidays were lower than last year, and the report warns about consumers’ lower disposable income, which could hit spending and pressure the labor market in the months ahead.
The data will be released at 0830 EST; here is what to expect courtesy of NewsSquawk:
Nonfarm Payrolls exp. 481k (range -100k to +0.975k, prev. +638k);
exp. 481k (range -100k to +0.975k, prev. +638k); Unemployment rate exp. 6.8% (range: 6.0-7.3%, prev. 6.9%);
exp. 6.8% (range: 6.0-7.3%, prev. 6.9%); U6 unemployment (prev. 12.1%);
(prev. 12.1%); Participation rate (prev. 61.7%);
(prev. 61.7%); Private payrolls exp. +587k (prev. +906k);
(prev. +906k); Manufacturing payrolls exp. +40 (prev. +38k);
(prev. +38k); Government payrolls (prev. -268k);
(prev. -268k); Average earnings m/m exp. +0.1% (prev. +0.1%);
(prev. +0.1%); Average earnings y/y exp. +4.3% (prev. +4.5%);
(prev. +4.5%); Average workweek hours exp. 34.8hrs (prev. 34.8hrs).
ADP: The private payroll data from ADP reported 307k jobs were added to the US labor market in November, missing the consensus +410k, although the prior was revised up 39k to 404k. Although the headline was disappointing in November, with the pace of gains slowing, the report said job growth was still positive across all industries and sizes. Analysts have noted that ADP’s gauge of the labor market has undershot the official BLS numbers since the COVID pandemic, although some note that the margins of the miss have become smaller.
JOBLESS CLAIMS: Initial jobless claims data which coincide with the BLS survey period saw claims tick up to 748k from 711k (the consensus expected a little changed 707k); continuing claims data for the survey period, however, fell to 6.07mln from 6.37mln, a little short of the consensus, which expected a fall to 6.02mln. Pantheon Macroeconomics said that the rise in claims that week was not a one-time fluke, and was more likely the start of an upward trend that would persist until the COVID wave subsides. Much depends on the extent of the inevitable upward kick which will be triggered by Thanksgiving gatherings, but that still means that layoffs could continue to rise through the year-end. The consultancy said the path for the labor market would depend on what extent COVID cases ticked up in wake of the Thanksgiving holidays, where any significant rise could lead to layoffs continuing to rise through the end of the year. Taking a broader view, heading into the October payrolls report, the four-week moving average was around 813k, and that fell to 744k in the BLS reference period; that number has continued to edge lower in the weeks that have followed, auguring well for the jobs market ahead – and accordingly, any payrolls upside surprise may therefore be given more credence by traders.
MANUFACTURING SURVEYS: The manufacturing ISM report reported worsening labor market conditions in November, with the employment sub-index falling nearly 5 points to 48.4 points, slipping back into contraction after just one month of printing above 50.0 again; with that said, ISM noted that the employment index was still 20.9 points above the low of 27.5 points seen in April. Nevertheless, the report said that the continued strong new-order levels and expanding backlogs indicated potential employment strength for the remainder of Q4, and qualitative commentary noted that for the third straight month, and with increased frequency, panelists’ comments indicate that significantly more companies are hiring or attempting to hire than those reducing labor forces.
SERVICES SURVEYS: While most other labor market gauges in the month were erring on the soft side, metrics in the services sector – which accounts for over 70% of US GDP – improved. The ISM services PMI’s employment sub-index saw an uptick in the month, rising 1.4 points to 51.5 to print the third month above 50.0; respondents noted that they were unable to fill vacant positions with qualified applicants, and they were having to overstaff due to high turnover and people being quarantined. And this better showing was also reflected in Markit’s data too, with the data revealing that the recent improvement in demand and the brightening outlook encouraged firms to take on extra staff at a rate not seen since the survey began in 2009, underscoring how increased optimism is fuelling investment and expansion, boding well for the payrolls data.
JOB CUTS: US-based employers announced 64,797 job cuts, the second-lowest monthly total for 2020, according to Challenger’s data (-19.7% m/m, +45.4% y/y); in 2020 YTD, US employers have announced 2.23mln job cuts (+298% vs 2019 YTD), the highest annual total on record. The report noted that the fall in disposable income seen in October will have an impact on spending, which will lead to further cuts ahead. ‘Market conditions’ were cited as the main reason for November’s job cuts, followed by ‘demand downturn’, then ‘restructuring’, and only then ‘COVID’ (though COVID still leads all reasons this year, with over 1mln). The report also said that companies announced 185.5k hiring plans in November, bringing the YTD total to 3.11mln; of those just under 800k are related to seasonal hiring plans, which are down y/y when compared to 2019 levels.
ARGUING FOR A WEAKER-THAN-EXPECTED REPORT:
The Third Wave. The resurgence of the coronavirus produced a series of business restrictions and reduced demand for food services. While national job growth remained very strong during the second wave in the summer, it nonetheless weighed on affected states, with SunBelt service rehiring slowing sharply in July and August (see Exhibit 1). Given the increased breadth and severity of the third wave, we expect a more visible impact on the national data. And while the impact is likely to be larger in the December jobs report (released on January 8th), indoor dining closures in Illinois at the beginning of the month and nearly state-wide measures in California by the middle of the month argue for softness in leisure and other services employment in tomorrow’s report.
Big Data. High-frequency data on the labor market softened on net, averaging just +30k across six measures (median +130k), as shown in Exhibit 2. Of note, only the Dallas Fed population survey is consistent with a larger-than-expected gain—though we note it also correctly flagged the strength in last month’s report.
ADP. Private sector employment in the ADP report rose by 307k in November, below consensus expectations and consistent with slowing job growth.
Census hiring. Census temporary workers are set to lower nonfarm job growth by around 90k in tomorrow’s report.
ARGUING FOR A BETTER-THAN-EXPECTED REPORT:
Construction sector. Favorable weather in early November coupled with the surgen in demand for single-family housing argues for a sizeable gain in the construction category in tomorrow’s report (we assume roughly +100k, mom sa).
Job availability. The Conference Board labor differential—the difference between the percent of respondents saying jobs are plentiful and those saying jobs are hard to get — rose further into expansionary territory (to +7.2 in November from +7.1 in October and +3.3 in September).
Jobless claims. Initial jobless claims declined in the November payroll month but at a slower pace than during the summer, averaging 744k per week vs. 826k in October (or -82k mom, vs. three-month-average change of -187k). By week, initial claims rebounded in the first half of November, consistent with possible temporary layoffs due to the virus. While continuing claims fell sharply between the payroll survey weeks (-1.7mn), this decline partly reflects expiring regular-state-programs as opposed to reemployment, and we place less weight than usual on this indicator. Across all programs (including emergency benefits), continuing claims fell by 0.9mn(vs. -2.5mn in October, NSA).
Holiday hiring. Non-seasonally-adjusted retail payrolls have risen by 460k in the last three Novembers (on average), but with mall traffic down sharply due to the virus, we believe retailers are hiring fewer seasonal workers in 2020. While we assume a roughly 100k seasonally adjusted drag from this channel, we expect a partial offset from trucking, warehousing, and delivery categories due to accelerating e-commerce spending. Job growth in those categories averaged +46k jobs over the last three months (includes federal post office), and we expect a stable or faster pace in November.
Employer surveys. Business activity surveys declined on the net in November, and the employment components of our survey trackers remained stable in a narrowly-expansionary territory (non-manufacturing +0.4pt to 50.5; manufacturing-0.1pt to 54.4).
Job cuts. Announced layoffs reported by Challenger, Gray & Christmas fell by 7% in November after falling by 38% in October (mom, sa by GS). They remain 45% above their November 2019 levels.


shtfplan--2020-12-06--Biden Wants Americans To Wear Masks For 100 Days After His Inauguration

Joe Biden will “ ask ” Americans to wear face masks for 100 days if he is inaugurated in January .
Biden also wants head medical tyrant , Dr. Anthony Fauci to be his chief medical adviser and to join his scamdemic response team .
Biden said he tapped Fauci for the job after their first substantive meeting on Thursday , requesting that he continue his role as a top health adviser and to remain on the White House ’ s coronavirus task force , where he ’ s served under President Donald Trump since the team was created in @ @ @ @ @ @ @ RT .
Creepy Uncle Joe also said he ’ d be willing to get the COVID vaccine as a “ model to the nation.
” But remember , these people make a living as parasites , siphoning off the wealth of producers and lying to make it seem moral .
The Ruling Class Claims They Are Getting The COVID-19 Vaccine Social Engineering : “ The Goal Should Be To Make Masks A Social and Cultural Norm ” Biden also stressed the need to wear face coverings to slow the spread of the virus @ @ @ @ @ @ @ “ issue a standing order ” mandating masks in certain settings ( including federal buildings , buses , and airplanes ) , but he also called on the public to wear them for the first 100 days of his administration .
“ I think my inclination , Jake , is on the first day I ’ m inaugurated… I ’ m going to ask the public for 100 days to mask .
Just 100 days to mask , not forever , ” he said , arguing that would “ drive down the numbers @ @ @ @ @ @ @ criticized by Trump ’ s backers after giving an interview to the Washington Post days before the 2020 election , where he praised Biden for “ taking [ the virus ] seriously from a public-health perspective ” while suggesting the president was largely concerned with “ the economy and reopening the country.
” Biden , for his part , said on Thursday that “ you don ’ t have to close down the economy ” so long as health officials give “ clear guidance ” to the public , cutting against a previous @ @ @ @ @ @ @ if “ the scientists ” recommended it .
–RT Biden ’ s desire to mask and muzzle the population should concern everyone .
He is ready to take the world right into the New World Order with the Great Reset .
Prepare for anything , because it ’ s still not known what exactly will take place between now and the inauguration .

Joe Biden will “ask” Americans to wear face masks for 100 days if he is inaugurated in January. Biden also wants head medical tyrant, Dr. Anthony Fauci to be his chief medical adviser and to join his scamdemic response team.
Biden said he tapped Fauci for the job after their first substantive meeting on Thursday, requesting that he continue his role as a top health adviser and to remain on the White House’s coronavirus task force, where he’s served under President Donald Trump since the team was created in January, according to a report by RT.
Are Face Masks & COVID Rituals Occultist Symbols For Submission?
Creepy Uncle Joe also said he’d be willing to get the COVID vaccine as a “model to the nation.” But remember, these people make a living as parasites, siphoning off the wealth of producers and lying to make it seem moral.
The Ruling Class Claims They Are Getting The COVID-19 Vaccine
In a CNN exclusive, Biden says he will take the COVID vaccine as a model to the nation, and that he spoke to Dr. Fauci today: "I asked him to stay on in the exact same role he has had for the past several presidents. And I asked him to be chief medical adviser for me." pic.twitter.com/Ug1l5yzihN — The Recount (@therecount) December 3, 2020
Social Engineering: “The Goal Should Be To Make Masks A Social and Cultural Norm”
Biden also stressed the need to wear face coverings to slow the spread of the virus, saying that he would not only “issue a standing order” mandating masks in certain settings (including federal buildings, buses, and airplanes), but he also called on the public to wear them for the first 100 days of his administration.
“I think my inclination, Jake, is on the first day I’m inaugurated… I’m going to ask the public for 100 days to mask. Just 100 days to mask, not forever,” he said, arguing that would “drive down the numbers considerably.”
CDC Study: Most COVID-19 Cases Were Admitted Mask Wearers
The health official was further criticized by Trump’s backers after giving an interview to the Washington Post days before the 2020 election, where he praised Biden for “taking [the virus] seriously from a public-health perspective” while suggesting the president was largely concerned with “the economy and reopening the country.” Biden, for his part, said on Thursday that “you don’t have to close down the economy” so long as health officials give “clear guidance” to the public, cutting against a previous pledge to “shut it down” if “the scientists” recommended it. –RT
Biden’s desire to mask and muzzle the population should concern everyone. He is ready to take the world right into the New World Order with the Great Reset. Prepare for anything, because it’s still not known what exactly will take place between now and the inauguration.


shtfplan--2020-12-07--MAN THE LIFEBOATS: DOLLAR DISASTER IMMINENT!

This article was contributed by Wealth Research Group .
Today , we ’ re sharing an important update from WealthResearchGroup.com , which is paramount for understanding what comes next : Since the November 3rd elections , the dollar has been pushed to a corner that is actually a double-edged sword for gold .
Because of the anticipation that a super-weak dollar will cause bond yields to rise , gold has become weak , right alongside the dollar .
This correlation has been recently cut off .
From November 6th , when Pfizer ’ s announcement altered the way investors priced @ @ @ @ @ @ @ victim sectors – reasoning that with a vaccine far fewer companies will go under – the dollar has sold off hard , gold has crashed to below its 200-DMA , and rates have been rising , in turn .
A few days ago , Mitch McConnell basically called ( and caused ) the bottom for gold , when he said that Washington must pass the stimulus bill , in order to avoid a complete Main Street meltdown in January .
Gold prices began to price a fiscal aid program , a monetary QE @ @ @ @ @ @ @ in 2021 .
When I wrote that I personally bought gold-backed ETF shares , it was literally two days before the bottom .
We nailed it !
Our five watchlists , published in April , June , August , September , and a pre-election one in October , have delivered the research necessary to conduct due diligence on over fifty companies ; the appreciation of said companies has been remarkable when compared with their respective index benchmarks .
In April , we published THIS .
Within it , AXP ( which I ’ @ @ @ @ @ @ @ by 60 % .
VFC ( which I ’ m a shareholder of ) has appreciated by 73 % !
SWK ( which I ’ m a shareholder of ) has appreciated by over 80 % and trades even above its Pre-Covid-19 price .
I don ’ t believe the company will ever trade for $ 100/share , which was the limit order noted in the report .
It was a stunning entry point , in my opinion .
The S & P 500 has appreciated by 31 % in the same timeframe @ @ @ @ @ @ @ significant Alpha .
Spirit Aerosystems ( SPR ) , which I stressed recently as a company that one must look at when it was trading for around $ 20/share in the beginning of November , has doubled in one month , thanks to the anticipated recovery in the airline industry .
This was only the first watchlist .
It contained 27 companies , in total .
Then , in June , we published the 2nd watchlist HERE !
It featured an additional 10 new companies .
Sysco ( SYY ) , which I @ @ @ @ @ @ @ appreciated by 53 % !
Axis Capital ( AXS ) has appreciated by 36 % , Trane Technologies has appreciated by 68 % and Booz Allen Hamilton ( which I ’ m a shareholder of ) has appreciated by 22 % .
In August and in September , we published watchlists 3 , 4 , and TECH .
Within these , we profiled 20 additional companies , with only CHKP ( which I ’ m a shareholder of ) trading below its limit order ; the rest have been on fire .
Now @ @ @ @ @ @ @ that euphoria is unsustainable .
I feel much like I did when my friend ’ s maid/cleaner asked him how to buy Bitcoin , when it traded for $ 12,000/coin in 2017 , on its way to $ 20,000 .
In other words , I ’ m not calling the top , but I ’ m cautioning that it ’ s near , unavoidable , and would usher in a period of sideways and downward selling .
We are about to publish a 6th watchlist , so stay tuned !
The dollar weakness @ @ @ @ @ @ @ markets and the vaccine risk-on trade has caused gold to brutally crater , but the stimulus surprise , which was uncalled for , has reversed the trend in commodities .
The commodity index is the CHEAPEST it has been since 1990 and some measures show it is the cheapest since 1942 ; the recovery in global trade and manufacturing in 2021 , as the economy opens up , will potentially serve as an inflation catalyst and we are positioning not only in commodities but with a number of the most compelling companies I @ @ @ @ @ @ @ , which started when my folks signed a waiver to let me trade as a minor ( 16 years of age ) in June 2000 .
I ’ m excited !

This article was contributed by Wealth Research Group.
Today, we’re sharing an important update from WealthResearchGroup.com, which is paramount for understanding what comes next:
Since the November 3rd elections, the dollar has been pushed to a corner that is actually a double-edged sword for gold. Because of the anticipation that a super-weak dollar will cause bond yields to rise, gold has become weak, right alongside the dollar. This correlation has been recently cut off.
From November 6th, when Pfizer’s announcement altered the way investors priced in Covid-19 risk of bankruptcy for pandemic victim sectors – reasoning that with a vaccine far fewer companies will go under – the dollar has sold off hard, gold has crashed to below its 200-DMA, and rates have been rising, in turn.
A few days ago, Mitch McConnell basically called (and caused) the bottom for gold, when he said that Washington must pass the stimulus bill, in order to avoid a complete Main Street meltdown in January. Gold prices began to price a fiscal aid program, a monetary QE support policy, and an inflationary recovery in 2021.
When I wrote that I personally bought gold-backed ETF shares, it was literally two days before the bottom. We nailed it!
Our five watchlists, published in April, June, August, September, and a pre-election one in October, have delivered the research necessary to conduct due diligence on over fifty companies; the appreciation of said companies has been remarkable when compared with their respective index benchmarks.
In April, we published THIS. Within it, AXP (which I’m a shareholder of) has appreciated by 60%. VFC (which I’m a shareholder of) has appreciated by 73%! SWK (which I’m a shareholder of) has appreciated by over 80% and trades even above its Pre-Covid-19 price. I don’t believe the company will ever trade for $100/share, which was the limit order noted in the report. It was a stunning entry point, in my opinion. The S&P 500 has appreciated by 31% in the same timeframe, so these companies have delivered a significant Alpha. Spirit Aerosystems (SPR), which I stressed recently as a company that one must look at when it was trading for around $20/share in the beginning of November, has doubled in one month, thanks to the anticipated recovery in the airline industry.
This was only the first watchlist. It contained 27 companies, in total. Then, in June, we published the 2nd watchlist HERE! It featured an additional 10 new companies. Sysco (SYY), which I’m a shareholder of, has appreciated by 53%! Axis Capital (AXS) has appreciated by 36%, Trane Technologies has appreciated by 68% and Booz Allen Hamilton (which I’m a shareholder of) has appreciated by 22%.
In August and in September, we published watchlists 3, 4, and TECH. Within these, we profiled 20 additional companies, with only CHKP (which I’m a shareholder of) trading below its limit order; the rest have been on fire.
Now, though, I’m warning that euphoria is unsustainable. I feel much like I did when my friend’s maid/cleaner asked him how to buy Bitcoin, when it traded for $12,000/coin in 2017, on its way to $20,000. In other words, I’m not calling the top, but I’m cautioning that it’s near, unavoidable, and would usher in a period of sideways and downward selling.
We are about to publish a 6th watchlist, so stay tuned!
The dollar weakness has caused this record inflow into emerging markets and the vaccine risk-on trade has caused gold to brutally crater, but the stimulus surprise, which was uncalled for, has reversed the trend in commodities.
The commodity index is the CHEAPEST it has been since 1990 and some measures show it is the cheapest since 1942; the recovery in global trade and manufacturing in 2021, as the economy opens up, will potentially serve as an inflation catalyst and we are positioning not only in commodities but with a number of the most compelling companies I’ve come across in my career, which started when my folks signed a waiver to let me trade as a minor (16 years of age) in June 2000. I’m excited!


IT’S GONNA CRASH!

This article was contributed by Future Money Trends .
After the inauguration , everything changes .
2021 is the year that vaccines will be administered around the world .
People will be out and about again , but corporations will be very slow to rehire .
It ’ s going to be a recovery , but you can bet your bottom dollar that the governments of the world and central banks will have to incentivize all sorts of behavioral changes in order to make it sensible for big business to expand their workforce .
We just don ’ t see @ @ @ @ @ @ @ we anticipate great job numbers , so we wanted to compile a list of side hustles that offer not only the potential of replacing current income but quadrupling it and then some !
Before we unveil five out of the ten that we prepared , we want to be absolutely certain that you understand how much euphoria there currently is with stocks : We believe that this ratio is going to compete with the P/E ratio mania of the 2000 Dotcom bubble , and we say that because today ’ s investors would @ @ @ @ @ @ @ , 40 , and even 50 for companies like the FAANMG group since they trust them much more than they do government bonds .
The world ’ s new safe havens are the mega-cap businesses , so they command the premium of a stock/bond hybrid .
In 2021 , we will not see anything like we experienced in March 2020 .
You can forget about the credit injections that the pandemic induced ; that ’ s historical , so the markets will have to deal with much less and we don ’ t @ @ @ @ @ @ @ won ’ t purchase the hot sectors of today that are up on hype .
If we were to compare what ’ s coming to what we ’ ve seen in previous situations , we could actually get a negative year for stocks in 2021 .
There ’ s going to be a credit squeeze .
We do not yet see a bottom for the dollar , so expect massive weakness going into 2021 , which is great for commodities but lousy for the stock market .
Now , let ’ s focus @ @ @ @ @ @ @ side businesses to start today ) : You ’ ll be able to make money by selling items without even having to create them or keep them in stock yourself .
That ’ s a low-risk business model .
This is a process known as dropshipping and it ’ s a modern online business model that requires very little initial investment .
There are four steps to dropshipping : • A customer places an order from your online store • Your store automatically sends the order to your third-party product supplier • Finally @ @ @ @ @ @ @ to your customer Because it ’ s such a conveniently hands-off process ( the merchant doesn ’ t have to order inventory or fulfill the orders in any way ) , 33 % of online stores use dropshipping as a fulfillment model .
Your responsibilities will mainly consist of finding a niche to sell to , marketing your products , and reaching new buyers .
The simplest way to get started is to sign up with a dropshipping specialist , such as Shopify or Oblero .
Then find your product niche and customers @ @ @ @ @ @ @ is ideal for young entrepreneurs and college students can even start doing this while they ’ re in school .
Preparing and selling study guides for courses can be highly lucrative because the test-prep market is worth a mind-blowing $ 24 billion .
Every year , around 20 million new students start university or college .
During the era of the COVID-19 pandemic , more and more courses are being taken online and e-commerce is an increasingly preferred method of product delivery .
There ’ s a robust and growing market for study @ @ @ @ @ @ @ today ’ s college students .
You don ’ t even need to print up paperback study guides for courses – a PDF document should do just fine , and the markup can be very high since it costs very little ( aside from time ) to write up and send out these study guides .
This is the time to adapt to the post-COVID-19 world and make it rain cash !

This article was contributed by Future Money Trends.
After the inauguration, everything changes. 2021 is the year that vaccines will be administered around the world. People will be out and about again, but corporations will be very slow to rehire. It’s going to be a recovery, but you can bet your bottom dollar that the governments of the world and central banks will have to incentivize all sorts of behavioral changes in order to make it sensible for big business to expand their workforce.
We just don’t see Main Street recovering quickly, nor do we anticipate great job numbers, so we wanted to compile a list of side hustles that offer not only the potential of replacing current income but quadrupling it and then some!
Before we unveil five out of the ten that we prepared, we want to be absolutely certain that you understand how much euphoria there currently is with stocks:
We believe that this ratio is going to compete with the P/E ratio mania of the 2000 Dotcom bubble, and we say that because today’s investors would rather pay a P/E ratio of 35, 40, and even 50 for companies like the FAANMG group since they trust them much more than they do government bonds.
The world’s new safe havens are the mega-cap businesses, so they command the premium of a stock/bond hybrid.
In 2021, we will not see anything like we experienced in March 2020. You can forget about the credit injections that the pandemic induced; that’s historical, so the markets will have to deal with much less and we don’t believe the street understands that new buyers won’t purchase the hot sectors of today that are up on hype.
If we were to compare what’s coming to what we’ve seen in previous situations, we could actually get a negative year for stocks in 2021.
There’s going to be a credit squeeze.
We do not yet see a bottom for the dollar, so expect massive weakness going into 2021, which is great for commodities but lousy for the stock market.
Now, let’s focus on solutions (2 of 5 great side businesses to start today):
Dropshipping
You’ll be able to make money by selling items without even having to create them or keep them in stock yourself. That’s a low-risk business model.
This is a process known as dropshipping and it’s a modern online business model that requires very little initial investment. There are four steps to dropshipping:
A customer places an order from your online store
Your store automatically sends the order to your third-party product supplier
The supplier prepares your customer’s order
Finally, the supplier ships the order directly to your customer
Because it’s such a conveniently hands-off process (the merchant doesn’t have to order inventory or fulfill the orders in any way), 33% of online stores use dropshipping as a fulfillment model. Your responsibilities will mainly consist of finding a niche to sell to, marketing your products, and reaching new buyers.
The simplest way to get started is to sign up with a dropshipping specialist, such as Shopify or Oblero. Then find your product niche and customers and start fulfilling those orders!
Sell Study Guides
This is ideal for young entrepreneurs and college students can even start doing this while they’re in school. Preparing and selling study guides for courses can be highly lucrative because the test-prep market is worth a mind-blowing $24 billion.
Every year, around 20 million new students start university or college. During the era of the COVID-19 pandemic, more and more courses are being taken online and e-commerce is an increasingly preferred method of product delivery.
There’s a robust and growing market for study guides to help alleviate the demands of today’s college students. You don’t even need to print up paperback study guides for courses – a PDF document should do just fine, and the markup can be very high since it costs very little (aside from time) to write up and send out these study guides.
This is the time to adapt to the post-COVID-19 world and make it rain cash!


shtfplan--2020-12-07--This Is NOT A Joke: LA Mayor Bans Most Walking

Los Angeles Mayor Eric Garcetti has issued an order for residents to stay at home .
With that , comes a ban on the use of public transportation , driving , and most forms of walking .
Yes , a ruler thinks he has the moral authority to tell people they can not walk .
Does anyone still believe this is the “ land of free ?
” If you do , you ’ re delusional .
As Christmas approaches , Mayor Garcetti has decided that the coronavirus ( which is a massive hoax ) is doing causing needless suffering @ @ @ @ @ @ @ contact with others as much as possible , ” Garcetti wrote in his order dated December 2 .
The steps were needed to avoid risking “ needless suffering and death , ” he said .
The order , which supersedes one from June , prohibits public and private gatherings of people from more than one household and states that all businesses in the city that require people to work on location must stop operations .
Walking , driving , travel on public transport , bikes , motorcycles , and scooters are prohibited , @ @ @ @ @ @ @ .
-Fortune The term tyrant is not harsh enough for Garcetti .
There are several exemptions , including for faith-based outdoor services and the homeless .
Others that can continue to operate include supermarkets , grocery stores , and health-care operations , but that doesn ’ t cover gyms and similar facilities .
Still , activities such as golf , tennis , and pickleball are permitted , according to the order .
Just don ’ t go for a walk with your dog…yes , this is real .
Additional orders force visitors to @ @ @ @ @ @ @ and will comply with California ’ s demands to be a slave .
Anyone over the age of 16 traveling into L.A. must complete an online form upon arrival to acknowledge they ’ ve read and understood a California travel advisory .
Failure to submit the form is punishable by a fine of up to $ 500 .
November Payrolls Preview : It ’ s About To Get Ugly Again Meanwhile , the federal government has paved the way to execute Americans in any way they feel is appropriate as they continue to @ @ @ @ @ @ @ citizens who refuse to be controlled or live in fear .
DOJ Quietly Amends Execution Protocols , Clearing the Way for Gas Chambers , Firing Squads

Los Angeles Mayor Eric Garcetti has issued an order for residents to stay at home. With that, comes a ban on the use of public transportation, driving, and most forms of walking. Yes, a ruler thinks he has the moral authority to tell people they cannot walk.
Does anyone still believe this is the “land of free?” If you do, you’re delusional. As Christmas approaches, Mayor Garcetti has decided that the coronavirus (which is a massive hoax) is doing causing needless suffering and death.
“We must minimize contact with others as much as possible,” Garcetti wrote in his order dated December 2. The steps were needed to avoid risking “needless suffering and death,” he said.
The order, which supersedes one from June, prohibits public and private gatherings of people from more than one household and states that all businesses in the city that require people to work on location must stop operations. Walking, driving, travel on public transport, bikes, motorcycles, and scooters are prohibited, other than for those undertaking essential activities. -Fortune
The term tyrant is not harsh enough for Garcetti.
There are several exemptions, including for faith-based outdoor services and the homeless. Others that can continue to operate include supermarkets, grocery stores, and health-care operations, but that doesn’t cover gyms and similar facilities. Still, activities such as golf, tennis, and pickleball are permitted, according to the order. Just don’t go for a walk with your dog…yes, this is real.
Additional orders force visitors to L.A. to complete forms stating they know and will comply with California’s demands to be a slave. Anyone over the age of 16 traveling into L.A. must complete an online form upon arrival to acknowledge they’ve read and understood a California travel advisory. Failure to submit the form is punishable by a fine of up to $500.
November Payrolls Preview: It’s About To Get Ugly Again
Meanwhile, the federal government has paved the way to execute Americans in any way they feel is appropriate as they continue to create more criminals out of those pesky citizens who refuse to be controlled or live in fear.
DOJ Quietly Amends Execution Protocols, Clearing the Way for Gas Chambers, Firing Squads


shtfplan--2020-12-07--Ambitious Vaccine Schedule Announced By The Trump Administration

Federal officials within the Trump administration said a vaccine could be distributed to as many as 24 million people by mid-January .
Moncef Slaoui , the chief science adviser of Operation Warp Speed , said all residents of long-term care facilities and health workers could receive the first round of vaccinations by mid-January .
The most sinister vaccine in human history will be upon us soon .
We are about to be faced with some bold and disturbing decisions .
A vaccine created and manufactured by Pfizer could be available by the end of the week .
After the dreaded @ @ @ @ @ @ @ , Dr. Slaoui said on CNN ’ s “ State of the Union ” on Sunday that the rollout of the vaccine will be immediate .
Alex M. Azar II , the secretary of health and human services , was just as optimistic .
“ Really within days , ” Mr. Azar said on Fox News Sunday .
“ Within 24 hours of FDA green lighting with authorization , we ’ ll ship to all of the states and territories that we work with .
And within hours , they can be vaccinating.
@ @ @ @ @ @ @ out by Dr. Slaoui and Mr. Azar was uncompromising and did not account for the possibility of delay during the many steps from vaccine manufacture to distribution at state and local levels , not to mention the hesitancy that many people might feel about taking a newly approved vaccine .
–New York Times It doesn ’ t appear that many want this vaccine and will avoid it entirely no matter what kind of rewards or punishments befall them .
Medical Journal : Get The COVID-19 Vaccine , Or Be Punished HARSHLY There will @ @ @ @ @ @ @ into being vaccinated .
Do you want food stamps ?
Get the shot .
Do you want another stimulus check ?
Get the shot .
Do you want a job ?
Get the shot .
Do you want to buy a house ?
Get the shot .
This is ramping up quickly and if not enough say no and refuse to take this concoction , we are in big trouble , and many people have started to realize this .
Sadly , people we all know will get vaccinated .
The mainstream media @ @ @ @ @ @ @ make sure people are in a complete brainwashed state of panic and hysteria in order to convince them to take the vaccine .
We have an interesting remainder of 2020 .

Federal officials within the Trump administration said a vaccine could be distributed to as many as 24 million people by mid-January. Moncef Slaoui, the chief science adviser of Operation Warp Speed, said all residents of long-term care facilities and health workers could receive the first round of vaccinations by mid-January.
The most sinister vaccine in human history will be upon us soon. We are about to be faced with some bold and disturbing decisions. A vaccine created and manufactured by Pfizer could be available by the end of the week. After the dreaded approval by the Food and Drug Administration, Dr. Slaoui said on CNN’s “State of the Union” on Sunday that the rollout of the vaccine will be immediate. Alex M. Azar II, the secretary of health and human services, was just as optimistic.
“Really within days,” Mr. Azar said on Fox News Sunday. “Within 24 hours of FDA green lighting with authorization, we’ll ship to all of the states and territories that we work with. And within hours, they can be vaccinating.”
Health experts said the timeline sketched out by Dr. Slaoui and Mr. Azar was uncompromising and did not account for the possibility of delay during the many steps from vaccine manufacture to distribution at state and local levels, not to mention the hesitancy that many people might feel about taking a newly approved vaccine. –New York Times
It doesn’t appear that many want this vaccine and will avoid it entirely no matter what kind of rewards or punishments befall them.
Medical Journal: Get The COVID-19 Vaccine, Or Be Punished HARSHLY
There will a system set up to coerce everyone into being vaccinated. Do you want food stamps? Get the shot. Do you want another stimulus check? Get the shot. Do you want a job? Get the shot. Do you want to buy a house? Get the shot. This is ramping up quickly and if not enough say no and refuse to take this concoction, we are in big trouble, and many people have started to realize this. Sadly, people we all know will get vaccinated.
The mainstream media continues to amp up the fear and make sure people are in a complete brainwashed state of panic and hysteria in order to convince them to take the vaccine. We have an interesting remainder of 2020.