Understanding Economics and Money

Welcome to Kingdom Economics - the future is now



Thursday, October 20, 2022

ATTN: Liz Truss Resigns, IS Biden next (say after Nov. 8)? Only God knows!



Big changes are happening in our world.
Britain has no leader (as of today) as Liz Truss resigned today! Is this is harbinger of more leaders going down? Could Biden be NEXT? The mid-term election is November 8. This could be historic as it looks like Biden's leadership could be crumbling. We could witness Biden's resignation soon after this election. Only God knows, however!

My sense is that we could witness MORE political changes between now and the end of 2022. If a political leader can not govern, then this leader must go. My sense is that Biden's administration is crumbling fast and this means he could be gone IF this coming election goes RED. The trend seems to be 'red' as of today!

The Blue states would need to emerge with a bang if Biden is to win this coming election. As of today, it looks like the RED states are gaining and this would mean a CHANGE in power in Washington. This coming election in 19 days could be historic. The resignation of Britain's Prime Minister, Liz Truss, was sudden. I watched her speech this morning on TV. Who will replace her? Only God knows!

Our financial system (like politics) is fragile and this means that BIG events could happen as confidence wanes within our global system. Money is a confidence game and when political leaders resign confidence usually wanes after this event. If Biden resigns (after November 8) this could set the stage for a HUGE crash in our emotional financial markets. We live with DIGITAL money and digital prices. What are these digital numbers tied to?

Digital units of currency are really units of 'nothing'. They are 'virtual' units which live within us. If the emotions of traders go SOUTH then these digits (of nothing) will go south. Think about the NATURE of these digits? What are they? Where are they LIVING? Are the units mere 'NUMBERS' within our 'consciousness? If so, then an EMOTION derived from a political event could CHANGE all of finance.

The financial HOUSE OF CARDS is based on NOTHING (tangible). This is our situation. We live with mostly VIRTUAL money which appears within our Smart Phone screen (cyberspace). What is 'cyberspace'? It's an 'extension' of my/your 'consciousness'. What is 'consciousness'? It's our inner spirit being which activates our thinking. Our entire financial 'house of cards' is really living WITHIN us. Amazing!

The coming CRASH of our financial markets will be 'silent'. Awareness, however, will be instantaneously as the 'numbers' will appear on the computer screen within our Smart Phone. We live with VIRTUAL reality for today's financial markets. LOOK all around yourself (now). Where is a DIGITAL money unit? Can you find this unit within our space/time universe? Why not?

We all need to WAKE UP to reality and recognize that our money system is VIRTUAL. The so-called 'numbers' which we use for money today are units of 'nothing'. These units can vanish with the click of a computer key. Our entire financial system (globally) is NOW mostly 'virtual'. Mere 'numbers' and 'names' make up our money. This system is FRAGILE and can crumble in a FLASH as algo's rule our system.

Algorithms and codes rule over all investing today. Source codes can be programmed to trade millions/billions of these virtual digits (called money) with the click of a computer key. Algo's trade and prices follow. It's all done in milliseconds. Our financial markets can crumble in a matter of seconds. Few seem to understand what has happened since the financial crisis of 2008. Technology has boomed and all our markets have transitioned to electronic markets. Virtual digits became money for these systems.

Our world financial markets are interconnected and all these electronic markets (now virtual) can go UP in seconds and also DOWN in seconds. Within a window of 24 hours, the entire SYSTEM could crumble. All this can happen today, tomorrow, next week, or next month. Who controls the MASTER computers which RUN this system of NOTHING? Who can PUSH the button to crash these markets?

Are you aware of the MASTER computer on the 10th floor of the New York Fed building? This MASTER computer is called the SOMA (System Open Market Account). A mere computer BUTTON rules over this virtual computer system. Who can PUSH this button? Only select administrators who have access to this computer. Jerome Powell could give the order to PUSH a button. Who else?

John Williams is President of the New York Fed. I would assume that he might also have access to the MASTER computer on the 10th floor of his building. With the punch of a computer key MILLIONS of digits (called money) can be created (artificially). What is the current balance sheet of this SOMA account? It's nearly 9 trillion. Yes, some 9 trillion of computer digits are on this balance sheet. 

The digits were created with the punch of a computer key. MONEY emerges from this MASTER computer at the New York Fed. It then gets distributed (electronically) to select clients of the Fed. Yes, money today is a MERE 'imaginary' NUMBER. A 'number' is given a 'name' (such as DOLLAR). This 'number/name' becomes official LEGAL TENDER. It's all a HOUSE of CARDS when understood.

The entire world financial system is now mostly NUMBERS and NAMES. The dollar, euro, pound, krona, peso, ruble, yuan, etc. are ALL mere 'numbers' and 'names' (within us). Our money system lives WITHIN us. Our extended 'consciousness' (called cyberspace) is the location of these 'digits'. The SYSTEM is emotional and fragile. My sense is that the entire edifice could crumble in a 24 hour period. Amazing!






Prepare for BIG changes in the near future. Our leaders are fragile and our money is fragile. Liz Truss resigned today. Will Biden be next? ONLY GOD knows! It's all very interesting! Have a great day! I am: Donald B Swenson, donaldswenson.blogspot.com. Also, http://kingdomecon.wordpress.com. 



No comments:

Post a Comment