They're Not All Vandals: On Value Judgement | QPOL Issue #7
Thank you for reading QPOL. If you feel you’re getting value out of it, don’t be afraid to say the quiet parts out loud and share it with a friend. Please and thank you. Onward…
I was recently on one of my favorite podcasts, Timeline Earth, discussing the Fed vs Davos theory. TLE inspired me to start my own podcast in 2018 and I’ve been constantly learning about economics, geopolitics, and culture, all while trying to find the bright side of life and a chuckle here and there amidst the darkness. So to the hosts Bird and Car, thank you. You can check out the full interview here.
During the conversation the subject of the value judgments of the global players involved came up a time or two. While it’s important to brainstorm what the most actionable decisions are for us on the individual level, understanding who these people are, where they come from, and their incentives matters when sifting through the thesis.
The fog of this information warfare (especially in our days of social media) makes it ever so easy to get lost in the details and reduce the problem down to “they’re all just a bunch of evil elites at the top, and we’re the ant people having to bear the brunt of their lust for power.”
Sure, but nuance is again your best friend if you’re trying to have an honest conversation about today’s world events and where things are going. This is especially true regarding the elites. Personally, I lean more towards the Machiavellian/Hoppean approach. As bad as it might taste, we need to swallow the medicine of realizing we’re better off supporting the elites that are on “our side”. Whether or not what they advocate for benefits us because they care about us, or that’s just a bi-product, is a separate conversation. However, I tend to be more optimistic in my analyses and believe it’s a little bit of both.
The theory of Davos is that there are European oligarchs who have infiltrated the United States because they’re colonialists who “want their colonies back”, as Tom Luongo likes to put it. These global Marxists are using the financial plumbing (of their own design) of the offshore dollar market to print unlimited money to fund their demonic operations of overthrowing governments, manipulating markets and destroying economies, and deteriorating the culture of each nation state from the inside out via control of the media and academia.
As I’ve stated in recent issues of QPOL, “Team Fed”, as I like to call them, are working directly to destroy Davos through raising rates, draining dollar liquidity, and destroying the offshore dollar market which will bankrupt these colonialist vandals. Based on the actions the Fed has taken, NOT ALL of elites within the American government are vandals of Davos. The elites in power are currently fighting to preserve their positions as Davos tries to undercut them and destroy America. Without these elites (most notably Team Fed, but anyone who takes a more nationalistic approach on life), Davos wins and we live under tyranny.
Let’s take a look at some examples.
This is John Williams, current President of the Federal Reserve Bank of New York. The Fed bank of New York is ultimately where monetary policy is made. Out of the 12 regional Fed banks, NY wears the pants. Williams exemplifies an American elite who advocates for monetary policy that stems from free market tendencies in the interest of Americans which promote a strong, healthy economy.
Before becoming President of the NY Fed, he was President and CEO of the Fed Bank of San Francisco. The San Francisco Fed (headed by Janet Yellen for years) is notorious for being Keynesian and favoring a pro market intervention-based monetary policy.
While at the SF Fed, Williams came up with a new interest rate called r-star. A transcript of a speech Williams gave in 2018 explains the R-star as…
“what economists call the natural rate of interest; it’s the real interest rate expected to prevail when the economy is at full strength. While a central bank like the Fed sets short-term interest rates, r-star is a result of longer-term economic factors beyond the influence of central banks and monetary policy.”
This says a lot coming from guy that ran the Keynesian Fed of SF. An interest rate that’s a “result of longer-term economic factors beyond the influence of central banks and monetary policy”? Just like SOFR, this rate would be outside the control of the Davos-lead manipulated rate that is LIBOR, and rely on the domestic economic activity of America beyond central planning of the Fed. This is monetary policy that is strictly America-focused, and further validates that the Fed is off the reservation of being the lender and buyer of only resort for the world (or rather, global commies). Also, as the President of the NY Fed, he’s basically allowed Jerome Powell to do what we’ve all loved to analyze and witness in real-time in order to defeat Davos and the offshore dollar market.
Another example of Fed dissidence was just this last week as Jaime Dimon and other bank CEOs were getting grilled on ESG policies by progressive Representatives. Arguably the most powerful banker in the world, it says a lot of Jaime Dimon to stand against ludicrous environmental policies. He didn’t just do it out of spite for how stupid “renewable” energy is, but because he has his clients and the health of the American economy at the top of mind and tip of his fingers. If America goes, so goes the banks.
Lastly, the Italian Elections. Although this is not America-centered, the sentiment from newly elected Prime Minister Giorgia Meloni. Her election is purely of the desire and sentiment of the Italian people standing up to globalist oppression.
Simply put: If Italy foes, so goes the EU. The details may be for a separate Issue of QPOL, but Italy has a deep history with the US. America has the most military bases in Italy compared to the rest of the world. The financial ties also run deep. The elites within the banking sector (the Fed) and Italy is tight and are working directly against Davos. The biggest takeaway from speech is the love and pride Italians have for their country and the will and desire to preserve their culture. Italy is setting the standard for national sovereignty for not just Europe, but everywhere in the world. The next few years are going to be wild, and it will be up to the people, just as they’ve demonstrated, to take a stand against Davos.
And I quote:
“…without roots, you’re a slave, and when you’re a slave you serve the interests of Soros.”
All three of the examples above are elites that are speaking and acting the Quiet Parts Out Loud for the preservation of law and order for their nation. Where these people come from and who they are matters. While we should strive to be self-sufficient and savvy on the ground in our own local communities, supporting the elites who will run on and enact policies that are in our best interest will enable us to achieve our goals. A future that doesn't have us enslaved in a global communist panopticon will definitely make achieving our goals of self-sovereignty a bit easier. The bottom line is that the people in charge (elected or not) have the ability to make your life miserable, or can make changes from within to do the opposite and even enable you to be a freer individual. Remember, their values are a judgement of their character, and vice versa. Not all of them are vandals. Many are taking a stand and have the means to turn things around for the greater good, but in their and our best interest.