(Conservative Treehouse) – While admitting that consumer spending had dropped and production of goods and services had “slowed significantly,” Federal Reserve chairman Jerome Powell announced his intention to continue targeting excessive demand.
Alongside spending and production reductions, Powell announced that consumers have “lower real disposable incomes and tighter financial conditions” while stating that “activity in the housing sector had weakened,” housing purchases have fallen, all while accepting that “business fixed investment seems to have declined in the second quarter.”
If we accept that monetary policy can only impact the demand side of the economy (regulatory policy impacting the supply side), and if we accept all of the currently existing realities of a declining demand side, as outlined by Powell, then you might wonder what excessive demand it is that he’s targeting.
The answer to that question is the secret sauce: they want less energy demand.
The Federal Reserve, just like all the central banks around the collective western alliance, is trying to reduce the economy in order to reduce energy use. This is the monetary policy side supporting the Build Back Better, climate change, regulatory policy side.
UPDATE: The protests are spreading
German farmers also rise up. Dutch, Italian, Polish and German, this is growing into a global movement. pic.twitter.com/R4XNMoeJUf— RadioGenova (@RadioGenova) July 7, 2022
Protests led by thousands of farmers have broken out across the Netherlands, and they're now spreading to Italy, Germany and Poland - this is a fightback against not just environmental regulations and the resulting inflation, but also the elites' Great Reset agenda.
While the demonstrations themselves have been overwhelmingly free from violence on the affected farmers' part, the response to them has been anything but: Earlier this week, Dutch police opened fire on a 16-year-old tractor driver during a protest in Heerenveen.
While -- thank God -- this unfortunate incident did not result in any deaths or injuries, a formal investigation is still forthcoming, and farmers and concerned citizens now know, without question, what measures could be pursued in order to silence opposition to backers of the international Great Reset, which could spell doom for the livelihood of farmers everywhere.
That's why we're asking you to SIGN and SHARE this petition in support of farmers across world against intrusive, overreaching policies of globalist organizations and political leaders who seek to prioritize their own extreme environmental ideology over the ability for everyday farmers to earn a living and provide for their families and communities.
HAPPENING NOW: Farmers who learned from Canadian Freedom Protesters are currently blockading the Netherlands/Germany border with tractors to protest the WEF climate change policies of their government. pic.twitter.com/I7UJTusAZT— Keean Bexte 🇳🇱 (@TheRealKeean) June 30, 2022
Of course, these kinds of extreme environmental policies are not only a threat to the livelihoods of farmers in the Netherlands, or just the nations that comprise the European Union, for that matter: These regulations most certainly can (and inevitably will) make their way to every corner of our world, including countries like YOURS.
In the Netherlands, specifically, lawmakers recently approved legislative proposals to significantly decrease greenhouse emissions by the end of the decade, most notably ammonia and nitrogen oxide, which are common in farming.
This plan, as championed by Christianne van der Wal, the Dutch Minister for Nature and Nitrogen Policy since January, seeks to exceed the globalist EU's agreement among Member States to reduce greenhouse emissions as a means to combat climate change by at least 40% by the year 2030, replacing the desired percentage with an even loftier 55%.
As a result, it would seem almost inevitable that thousands of farms could find themselves in jeopardy within the coming years, but Dutch farmers have no plans to stand down; in fact, this embrace of EU and World Economic Forum (WEF)-style environmental demands is the primary force behind the ongoing protests by as many as 40,000 farmers, who, in response, have taken their tractors to highways across the Netherlands, making an unmistakable statement of resistance reminiscent of that of the Canadian Freedom Convoy truckers in order to protect their livelihoods.
Similar protests have also broken among farmers in Italy, as you can see here:
IT'S HAPPENING 🇮🇹: Italian farmers are rising up in protest, threatening to take their tractors to Rome. "We are not slaves, we are farmers! We cannot make ends meet!" pic.twitter.com/FAznWFXmM0— Keean Bexte 🇳🇱 (@TheRealKeean) July 7, 2022
Such policies are a clear tenet of the Great Reset, pushed by globalist entities around the world like the World Economic Forum. Look no further than the WEF's own "Net Zero Challenge," which seeks to coerce participants into cutting all greenhouse gas emissions by the year 2050, and will inevitably threaten countless jobs and livelihoods in the process.
Let there be no doubt: these extreme environmental policies and transgressions against working people cannot be expected to stop any time soon.
That's why we must take this opportunity to make our voices heard -- whether you're a farmer, yourself; work in an industry that would be negatively affected by such policies; or simply support the hardworking men and women in your country and others who wish to maintain the freedom to provide for their families without excessive government and globalist interference.
Please SIGN and SHARE this petition in support of Dutch farmers, and farmers and workers across the world, whose livelihoods can and eventually will be harmed by the extreme environmental demands of globalist entities like the EU and WEF seeking to implement the Great Reset.
FOR MORE INFORMATION:
'Dutch farmers push back against ‘green’ tyranny, use tractors to block major highways' (LifeSiteNews)
**Photo Credit: Shutterstock
They cannot admit openly what they are doing, but the bankers are trying to help the globalist politicians by shrinking their economy. Raising interest rates into pre-existing economic contraction is against their legislative mandate, because it only leads to unemployment and a smaller economy.
Powell is using the pretence of demand-side inflation as a justification to raise interest rates. It’s not demand driving inflation, it’s the energy policy.
Powell is managing the monetary side of the transition to a Green New Deal economy while managing the economy into a recession to support the “energy transition”.
This is all being done on purpose.
The Wall Street Journal has more:
“Mr. Powell said in his news conference following the Fed’s decision to raise rates by 75 basis points that future rate decisions will be made on a meeting-by-meeting basis now that the federal funds rate target range is between 2.25% and 2.5%, which he deemed roughly neutral in terms of its impact on economic activity.
Mr. Powell said the 75-basis-point moves in June and July were unusually large and something similar at the September FOMC ‘could be appropriate.’ But he said that the Fed can no longer provide ‘clear guidance’ and will let the data determine what happens next. He said he still believes monetary policy will need to move to a restrictive stance and will likely be between 3% and 3.5% by year end.”
Reprinted with permission from Conservative Treehouse.