They’re CONTROLLING The Government!! Know This!!

Coin Bureau
7 Jul 202423:40

Summary

TLDRThis video delves into the weaponization of government debt, suggesting it's used by elites to maintain power and prevent political change. It scrutinizes the UK's debt crisis under Liz Truss and speculates on central banks' influence over policies. The script hypothesizes that bond market volatility might be manipulated to undermine anti-establishment politicians. It also explores the resurgence of 'Bond vigilantes,' the implications for European countries using the Euro, and the potential impact on wealth, capital allocation, and the adoption of Central Bank Digital Currencies (CBDCs).

Takeaways

  • 💸 Governments worldwide are deeply in debt, with a collective debt exceeding 300 trillion dollars, which many believe will eventually lead to a debt bubble burst.
  • 🕊️ The elites might be using the debt bubble to maintain power and prevent political change by influencing the financial markets.
  • 🇬🇧 Liz Truss's resignation as UK Prime Minister was allegedly a result of a manipulated bond market crash, orchestrated by the Bank of England and others to force her out due to her proposed spending plan.
  • 📉 The Bank of England's decision to sell UK gilts (government bonds), despite the known risks, may have contributed to the market crash, raising questions about the central bank's influence on government policy.
  • 🏦 Central banks, as major holders of government debt, have the power to move markets and potentially influence political outcomes.
  • 🔄 The term 'Bond vigilantes' refers to bond holders who sell or threaten to sell their bonds to pressure governments or central banks, particularly on fiscal policy.
  • 📈 The resurgence of inflation has led to speculation that bond vigilantes are pressuring governments and central banks to reduce spending and raise interest rates to combat inflation.
  • 🌐 The European Central Bank's (ECB) lack of intervention in the bond markets of certain EU countries may indicate a political strategy to influence policy compliance within the union.
  • 🗳️ Snap elections in countries like the UK and France may be a preemptive move by current governments to avoid blame for an impending debt crisis and to allow them to return to power after the dust settles.
  • 📊 The restricted supply of freely tradable bonds due to central banks' quantitative easing (QE) has made bond markets more volatile and susceptible to smaller players' influence.
  • 🌪️ The potential debt crisis and the central banks' response to it will likely lead to increased misallocation of capital, wealth inequality, and political polarization, with significant implications for the global economy and financial markets.

Q & A

  • What is the current global debt situation as mentioned in the script?

    -The script states that governments around the world are collectively over 300 trillion in debt, indicating a massive global debt bubble that many believe will eventually burst.

  • How is government debt being potentially weaponized according to the video?

    -The video suggests that government debt is being weaponized to prevent political change by elites who may use it to pressure opponents or keep them in check, potentially manipulating debt markets to influence political outcomes.

  • What was the official reason for Liz Truss's resignation as Prime Minister of the UK?

    -The official reason for Liz Truss's resignation was her proposed government spending plan that would cut taxes without reducing spending, which led to a collapse in the value of UK government bonds, causing a chain reaction affecting pension funds and ultimately forcing her to resign.

  • What alternative explanation does Liz Truss offer for her resignation in her book '10 Years to Save the West'?

    -In her book, Liz Truss claims that the Bank of England and others facilitated the bond market crash to force her to resign, suggesting a coordinated effort to undermine her government's spending plan.

  • What is the role of central banks in influencing government policy through debt?

    -Central banks, as some of the largest holders, buyers, and potential sellers of government debt, can influence government policy and politicians by moving markets through their actions, such as buying or selling government bonds, which can affect long-term interest rates.

  • What is the term 'Bond vigilantes' and how is it relevant to the discussion in the script?

    -The term 'Bond vigilantes' refers to bond holders who sell or threaten to sell their bonds to pressure issuers, causing interest rates to rise. The script discusses the resurgence of this phenomenon, suggesting that large bond holders, including possibly central banks, may be using this tactic to influence government spending and policy.

  • How did the Bank of England's actions potentially contribute to the UK bond market crash?

    -The Bank of England's decision to sell UK gilts, despite the known risks of causing market volatility, may have contributed to the market crash that led to Truss's resignation. The video suggests this could have been intentional or coincidental, but it raises questions about the bank's influence on government policy.

  • What is the potential impact of central banks' actions on anti-establishment politicians?

    -The script suggests that central banks, as large holders of government debt, could use their market influence to pressure anti-establishment politicians into compliance with the status quo or face market volatility that could undermine their policies or force them out of power.

  • What does the script suggest about the future of government debt and bond markets?

    -The script suggests a looming government debt crisis, with the potential for countries like France and the UK to be at the forefront. It implies that central banks may need to buy all government debt in circulation to control market volatility, which could lead to increased wealth inequality, political polarization, and misallocation of capital.

  • How might the actions of central banks and public institutions affect the political landscape in countries that use the Euro?

    -The script posits that public institutions like the European Central Bank could use their control over bond markets to pressure Eurozone countries into compliance with EU policies, making genuine political change difficult and potentially leading to more radical ideas on spending.

  • What are the potential consequences for individuals in this scenario of increasing government debt and market manipulation?

    -The script suggests that individuals' wealth may increasingly depend on their compliance with the demands of whoever is in power, with the potential for an enormous loss in purchasing power of fiat currencies and a push towards Central Bank Digital Currencies, while alternative technologies like cryptocurrency may offer an outlet for financial freedom.

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Related Tags
Government DebtPolitical ChangeEconomic PolicyCentral BanksBond MarketInflation ControlFinancial CrisisElection ImpactDebt BubbleMarket Volatility