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Maximalist to the bone

The article titled "Facts Vs. Fed-Speak: A Comical History With Tragic Consequences" authored by Matthew Piepenburg on Zerohedge discusses the current economic situation and its relation to the policies and practices of the Federal Reserve (Fed)【5†source】. Here are the main points:

1. **Keep It Simple, Stupid:** The article starts by emphasizing the need to focus on simple facts, despite the complex nature of markets and Wall Street jargon. The author insists on maintaining simplicity while understanding the intricacies of financial markets【6†source】.

2. **The Simple and the Stupid:** The author discusses the US debt, which is greater than 120% of its GDP, and how the Federal Reserve has become the largest marginal financiers of US deficits for the last 8 years. The author also argues that the Fed's rate hikes are gutting bonds, banks, and small businesses in an attempt to fight inflation, despite inflation remaining persistent【7†source】.

3. **The Inflation Narrative: Form Over Substance:** The author suggests that the Fed's war on inflation is more of a headline than a policy fact, and that the Fed secretly wants inflation to outpace rates to inflate away some of the debt. The author also states that inflation, initially supposed to be transitory, is proving to be sticky, causing concern among experts【8†source】.

4. **The War on Inflation is a Policy that Actually Adds to Inflation:** The article suggests that greater deficits are adding to the inflation problem instead of combating it. These deficits will ultimately be paid for with more fiat money created out of thin air, a policy which the author describes as inherently inflationary. The author asserts that the Fed's "anti-inflationary" rate hike policies are actually making inflation worse【9†source】.

5. **The Real Solution to Inflation? Scorched Earth:** The author posits that the only way to truly combat the inflation problem is to raise rates high enough to destroy the bond market and the economy. The author compares the current Fed's approach to combatting inflation to placing dynamite in the sink to solve a rodent problem【10†source】.

6. **Meanwhile, the Rate Hikes Keep Blowing Things Up:** The author paints a bleak picture of US small businesses which rely on loans to stay afloat. The loan rates for these businesses have reached double-digit levels, which not only hurts but also destroys small enterprises. The credit crunch is only just beginning as small businesses borrow less in the face of rising rates【11†source】.

This article reflects the author's critical perspective on the current economic situation and the Federal Reserve's policies. It is important to note that the author's views may not reflect those of all economists or financial analysts. Economic matters are complex and involve various factors that can lead to different interpretations and forecasts.

nostr:npub1rxdgaa26crjvsrxsxn90lcmsyujz2k37f5d2a5fty3w9z4hzxznqvana9d

GM & PV, and of course ... Thx a lot for the Zap 🫵💜🫂🤙!

🫵💜🫂🤙

Nice. I use now SideSwap to store the LBTC but it is far from secure. Also it supports only 12 words seed. Strange.

Recently I have tried to set up a node with CLN. I gave up on the watchtower part. There are plugins for it, but I failed to got it work properly. Without watchtowers no node for me.

This is GPT-4 response on this document:

The "Analysis and Assessment of Gateway Process" is a document released by the Central Intelligence Agency (CIA) as part of their Stargate Project, which focused on psychic phenomena. The document was written by a U.S. Army officer in 1983, and it aimed to explain and assess the Gateway Experience, a training program designed by The Monroe Institute.

The Gateway Experience and the related Hemi-Sync technology developed by Robert Monroe involve the use of binaural beats to guide participants into various states of consciousness. The idea is to synchronize the two hemispheres of the brain, allowing participants to access altered states of consciousness and potentially experience phenomena such as out-of-body experiences or remote viewing.

The CIA's document discusses several theoretical concepts to explain how the Gateway Experience might work, drawing on theories from quantum physics, neuroscience, and the concept of a holographic universe. Some of the key ideas discussed in the document include:

1. The Holographic Universe: The document suggests that the universe could be understood as a hologram, with every part containing the whole. Similarly, the mind is seen as a hologram attuned to the universal hologram.

2. Energy Fields and Consciousness: The document discusses the idea of consciousness as an energy field phenomenon, suggesting that altered states of consciousness might involve changes in the frequency and amplitude of these fields.

3. Transcendence and Time-Space: The document also speculates about the possibility of transcending time and space through these altered states of consciousness, potentially explaining phenomena such as remote viewing.

Please note that these concepts, while interesting, are speculative and not widely accepted within the mainstream scientific community. The CIA's Stargate Project, including the assessment of the Gateway Process, was officially discontinued in the 1990s due to a lack of verifiable results.

Without pain, no gain