Originally published at: https://peakprosperity.com/daily-digest/real-estate-crash-looms-fed-policies-under-fire/
The Federal Reserve’s monetary policies continue to be a focal point of economic discussions, as highlighted in a recent presentation by Gour Long. The presentation scrutinizes the implications of cutting the funds rate and the long-term effects of increased liquidity, which can lead to inflationary pressures. The inherent issues with fiat currencies, in use since the early 1970s, were also discussed, noting their inflationary nature and potential to cause economic instability and excessive indebtedness. The critique extends to the 2% inflation targeting, described as a hidden tax that erodes purchasing power. The presentation suggests that the current economic measures have failed to alert us to the severity of the situation, leading to entrenched stagflation. To mitigate these issues, it advocates for reducing the demand for fiat money and encouraging investments in tangible assets like stocks, precious metals, and property.
In the realm of real estate, a new report warns of a potential global market crash with significant implications for the U.S. market. The interconnectedness of global real estate markets, particularly the massive Chinese market valued at $42.7 trillion, poses systemic risks. The report notes that geopolitical tensions and economic downturns in China are reversing capital flows, potentially leading to a global decline. In the U.S., despite low unemployment, the rise in multiple job holders and the historic high price-to-income ratio for homes indicate economic stress. Rising credit card delinquency rates among young adults and the popularity of buy-now-pay-later services further suggest underlying financial strain. The report underscores the fragility of the global monetary system, with current unrealized losses on banks’ balance sheets surpassing those during the 2008 financial crisis. It suggests that real estate prices will eventually align with incomes, either through rising incomes or falling prices, emphasizing the need to assess the risk-to-reward ratio in real estate investments.
In health-related news, Richard Hirschman, a trade embalmer from Ozark, Alabama, has raised concerns about unusual “white, fibrous clots” found in deceased individuals, which he believes are linked to mRNA vaccines. His claims have been supported by other embalmers, including John O’Looney from the UK, and have garnered significant attention on social media. Despite these alarming findings, no public health officials have contacted Hirschman or other embalmers, and no official inquiry has been initiated. The issue has been brought to the attention of elected officials and law enforcement, urging further investigation.
In a related development, Dr. Charles Hoffe, a Canadian doctor who raised concerns about COVID-19 vaccine injuries, has secured a pre-disciplinary hearing win. Hoffe has been in a battle to keep his medical license while advocating for informed consent and highlighting neurological side effects experienced by some of his patients post-vaccination. The College of Physicians and Surgeons of B.C. accused him of spreading misleading information, but a disciplinary hearing panel ruled that Hoffe could contest the licensing body’s assertions. This ruling marks a significant step in Hoffe’s ongoing professional tribulations, with his disciplinary hearing tentatively scheduled for October.
Sources
The Fiat Currency Conundrum: Inflation, Stagflation, and the Looming Economic Crisis
“A fiat currency is inherently inflationary, gradually losing its purchasing power over time.”
Source | Submitted by rhollenb
Global Real Estate Crash Looms: How China’s $42.7 Trillion Market Could Trigger a Worldwide Downturn
What happens if China’s real estate market crashes?
Source | Submitted by rhollenb
Embalmer’s Shocking Discovery: 20-Inch “White, Fibrous Clots” Linked to Vaccines?
“I believe that the vaccine is mostly responsible for this. Please do some research before getting any vaccines, especially mRNA.”
Source | Submitted by irenelekkas
Whistleblower Doctor Charles Hoffe Wins Pre-Disciplinary Hearing Against COVID Vaccine Claims
A disciplinary hearing panel has ruled that Hoffe, one of the first Canadian doctors to raise concerns about COVID-19 vaccine injuries, will be able to contest his licensing body’s assertion that the injections are ‘safe and effective.’
Source | Submitted by irenelekkas