➡ Gregor Manarino discusses the Federal Reserve’s monetary policy announcement, which he believes will continue to decrease the value of currencies and boost the stock market. He suggests that this policy is a wealth transfer from the general public to the 1% and 2%. Manarino also mentions the rise of Bitcoin and the potential for massive bank deregulation, leading to a merger between cryptocurrencies and banks. He warns that this could lead to a new system that further devalues currencies and increases food inflation, while benefiting the wealthy.
➡ The article warns about upcoming increases in food and energy prices, which will lead to a higher cost of living. It also dismisses the idea that tariffs will shrink the trade deficit, predicting it will actually grow larger. The author suggests that any government spending cuts will simply be used to cover these growing debts and deficits. Lastly, the author expresses skepticism about a return to a constitutional money system, predicting a shift towards digital currencies like Bitcoin.

Okay, everybody. Here we go. It’s me, Gregor Manarino. Monday, December 16, 2024. A new week. We’re gonna get through this, but we have a lot to talk about. So anyway, pre-market report. So the big deal this week, people, is this stinking Federal Reserve monetary policy announcement, which we’re gonna get again on Wednesday. Understand what we’re looking at, people. So, central banks, what are they doing? Again, as you know, working in concert to destroy the purchasing power of their currencies. And they are doing this via emergency monetary policy. That’s what this is. You’re not allowed to know that.

And this mechanism here of artificially suppressing rates wipes out the purchasing power of the currency, but it sure as heck helps the stock market. Now, let’s talk about this real quick. So this is what everyone is talking about. It’s all they care about. Stock market today, Dow futures rise on Fed decision as the countdown begins. Treasury yields are little changed as investors prepare for rate cut. All right. Now, just real quick on the back of the promise of more easy money and of course, currency devaluation. You got stock futures higher. Not anything dramatic, but higher nonetheless.

You know the mechanism here. It’s a wealth transfer on a scale we’ve never seen before. It’s a wipeout. I can’t tell you this another way. But there’s something going on here under the hood, okay, that you and I need to talk about. I’m going to show you a couple of other things in just a moment, real quick. Actually, let me show you right now. So I already showed you this here with regard to stock futures. Bitcoin broke over $106,000. It has now come back just a little bit here. This is what we’re doing this morning. So Bitcoin hovering around $103,000.

Golden silver cashing a bit. The US 10-year yield is slightly lower. Now, people look, you know my take on this. Let me just tell you again. The key here is the federal funds rate, which they’re, in my opinion, look, now it’s pretty clear to me. Again, in the beginning I said the Fed would be very hard pressed to justify a rate cut because inflation is still rising, but they’re going to do it anyway. It’s a method of destruction. So I’m going to say that the Fed’s going to follow suit with the other central banks right now in cutting, cutting, cutting, cutting.

Probably 25 basis points we’ll see. But this 10-year yield here, they’re not going to allow it to make par with the federal funds rate, which right now stands, the low end stands at 4.5. You understand? This would send a very bad signal to the stock market. And what do we know? The fat cats on Wall Street, their year-end bonuses are based on stock price, share stock price. The higher it is, the bigger and fatter their bonuses are, the more houses and mansions they could buy, the more Rolls Royces and Ferraris and freakin’, whatever the heck they want here.

Land yachts and yachts. It’s a beautiful thing, isn’t it? For them, at least. And where does that wealth come from? Well, from you. Have you seen what has happened here since the selection of the illustrious Trump? We have seen more cash be shoved into this market in a shorter period of time than I think there’s ever been seen in history. And with regard to the cryptocurrencies, well, it’s pretty much outpaced everything else. The game will remain risk on for the foreseeable future. I believe we are going to see rate suppression here by central banks buying it all like we’ve never seen before, and that means excessive currency devaluation.

But more importantly, how is this going to affect you? First of all, the wealth is going to be stolen right from you. Again, your interest or any accounts are going to be robbed blind as the wealth is transferred right up to the 1% and 2%. There’s no reason whatsoever to keep a single dime of your cash in these institutions that you don’t need to keep there. And you really should be looking into taking your cash out of these commercial banks and putting this into a credit union here again. I expect it’s too easy, people. The fact is, we’re going to see massive bank deregulation here as this I’m calling it an unholy alliance, the merger between cryptocurrencies and the banks to bridge us into the new system, which we all know is coming.

Everybody knows what’s happening, but there’s no pushback here. You understand? So they get away whatever they want. They tell you what they’re going to do before they do it. We’re going to be the crypto capital of the world, not the constitutional money capital. Imagine, for example, we would have had a real presidential selectee that said, hey, you know what we’re going to do? We’re going to return to a constitutional money system, gold and silver, a commodity backed system. But no, we’re being far removed from that. We’re being vaulted leading the way into the new system.

And other countries are going to do the same thing. You watch what’s about to happen. You’re going to hear about this nation and that nation and this nation adding cryptocurrencies to their strategic stockpile. What do you think that’s going to do to Bitcoin and cryptocurrency? You think it’s going to make it go lower? I love you guys. It goes. I’m sorry. I just have I just chuckle once in a while. But what we need to be focusing on here, again, not just the fact that you’re going to be robbed blind, not just the fact that the economy of the world is going to be wiped out via the mechanism of artificially suppressed rates, currency devaluation.

These are economic wrecking balls. You know that. A machine is going to come through the world economy as a destructive force to the people, the middle class, the upper the upper echelon society. They’re laughing and they’re smiling because this is all, again, an effort to make them even richer as we are thrust into this neo-feudalistic society where they wipe out the middle class. The destruction of the world economy is going to propel world stock markets to heights. You’re not going to believe part of this. And we’ve we’ve touched on this a little bit, but I just want to outline this for you real quick.

Now, you know, I’ll study this data morning, noon and night. I connect the dots. It’s not too hard to do what I’ve seen developing here. And it’s pretty much a no brainer. And you probably know this already in your own mind. Okay. Because you, I know most of you out here, at least I hope, I hope most of you are able to see what’s coming by just engaging your brain. And of course, using your God given gift of intellect. All right. We are going to see food inflation, which is already outpacing everything else. And you knew this from years ago.

What did I tell you? What did we cover right here on this blog? What did we say that we would see food inflation outpace? Well, every other type of inflation that that’s coming down the pike, of course. And that is exactly what’s going to happen. Let me show you something here real quick. This is a headline from MarketWatch. The bubble up in US inflation is likely to end soon. You do realize that this is propaganda. The method here or the mechanism of currency devaluation is out of control. Well, in control. They’re doing exactly what they want, but we’re paying for it.

Now, I don’t want you to be led astray. There’s so many people that write to me every day. Hey, Greg, but I don’t understand. The dollar’s getting stronger. The dollar’s getting stronger. The top is not getting stronger. Stop looking at this through the window of comparative strength or relative strength. People, you know this. We’ve already covered this freaking for years. We have said right here on this blog, that the relative strength or comparative strength of the dollar is going to remain high. It’s going to be the prettiest belt of all for the foreseeable future. But that does not mean that the absolute strength regarding purchasing power of the dollar and other central bank issued notes which were forced to transact in are going to be sucked out.

Does this sound about right to you? You think I’m off base here. Do you realize what’s happened collectively to the currencies being issued by central banks being wiped out? The dollar has already lost. About 99% of its purchasing power. They want that last 1% as we’re being bridged into the new system. You understand? New system is coming. Massively, artificially, the press rates are coming down. They already are. I mean, do you realize that… Do you realize the situation that we’re in? Probably, I hope, if you follow this blog, you do. But most people have no idea of what’s going on here.

But when you see a headline like this, you realize that this is absolute propaganda and the polar opposite is going to happen. Now, leading me back to what I was saying, over the next, let’s say, six months, just by connecting the dots, you can see, at least I hope so, what’s going to happen. We are going to see food inflation. When we’re talking about inflation, what we’re talking about is currency purchasing power losses. People don’t even put that together. This is how dumbed down they become. We’re going to see, again, food inflation can continue to outpace other types of inflation here, but it gets worse than that.

Energy. We’ve seen quite a drop as of out of the last few months, maybe two, with regard to energy prices. This is not going to last. In no way is this going to last. So, you’re going to see a rebound here in energy prices, including crude oil. So, people, you know what I’m going to tell you. You need exposure to commodities. Come on, man. It’s a no-brainer. You know that. With regard to what you’re going to see here with regard to your grocery bills, price shock. Be ready for it. I already told you about this.

I did like two videos recently about price shock, price shock, price shock. You’re going to be shocked at what you’re going to see over the next six months here with regard to rising food prices. With regard to energy, no doubt. And these things play on each other. You have to understand. Everything is shipped using energy, whether it’s an air craft, whether it’s a ship, whether it’s a truck. And those costs are passed on to you. You understand? So, I want you to be on the lookout and prepare yourself for this right now. Much higher food prices, much higher energy prices, much higher cost of living.

You understand? That’s where this is going. And I’m going to tell you something else real quick. I know there’s a lot of talk to the contrary, which we heard last time. I don’t even want to go into the details of this. Any talk whatsoever about our trade deficit shrinking because of tariffs. Again, we heard this same talk last time. Just please don’t take my word for it. I’m about to tell you here. Look at what happened during the last time. Trump promised us that we were going to see the trade deficit shrink on the back of tariffs.

It ballooned. So, what’s going on? What’s going to happen here? Who’s going to make up the difference here? There’s all this talk about let’s cut government spending, and I’m all for cutting government spending here, okay? What that means is, okay, in fact, if it even happens, we’ll see, cut here. But it’s going to be put someplace else. It’s a ruse. It’s another deceptive tactic here. So, with regard to the trade deficit shrinking because of tariffs or anything else, it’s not going to happen. It’s going to get much larger. Now, who makes up the difference when we run debts and deficits? Again, we can’t continue to run these in perpetuity.

It’s the Fed. So, let’s say, for example, we cut X. Let’s just say, let’s just give people the benefit of the doubt. We are going to see government spending get cut, which I don’t believe. Okay, that’s just me. But if it does happen, understand that you’re going to see the trade deficits and debts balloon. So, it’s like, taking cash from here and putting it over there. So, central banks, in this case, the Fed, is more than happy to make up those gaps in debts and deficits and whatever it might be, understand? All it is is a movement of cash from one place to the other, and they think that’s going to appease you because they think you’re stupid.

You see, Greg knows you’re not stupid, but that’s what they’re going to do. Mark my words, and if you don’t believe me, save the video. Save this video to your computer or just write it down. Greg said that debts and deficits are going to continue to balloon, although they might, and this is a big and might, cut spending. That doesn’t matter because that cut is going to be used to make up the difference for debts and deficits. Do you understand? It can’t stop. It won’t stop. But no one’s got the guts to tell you that.

But anyway, you know it in your heart, you know it in your soul, and your mind is telling you the truth. I know you do. Or I should say, overstand. Love you guys and girls from the heart with all I got. I mean that. Please share the video. Get it out there. Let me know. Greg, you know what? You’re off base here. Well, the bubble in inflation is really going to end. It’s going to get better for all of us, and our dollars and euros, we’re going to gain purchasing power. Inflation is going away. People, keep your eyes on where Bitcoin’s going to go again.

We got the Bitcoin present. There’s a picture of him right there. He’s going to make sure that the bridge to this system, the new system, is built right in your face, right under your nose, very rapidly, as we’re pulled away from any kind of a constitutional money system. We’re not going back. So just wake up. And I don’t care what this state. Oh, Florida might be using gold back coins or whatever it might be. It happened. We’ve heard this before in other states, too. Just goes away. Because it’s the federal government that kind of dominates this and says, they’re not going to allow this to happen.

Police won’t allow this to happen. They’re going to eliminate this state first. They’ll erase it somehow by a nuke. It ain’t happening. You understand? And they’ll take down the whole freaking population. The Fed is not going to give up their stranglehold on us all by controlling the currency in whatever form it may exist. Do you understand that? Do you finally get it here? Why things all the way they are? Why Trump was selected as the figurehead here to bridge us into the new system? He’s the proponent of negative rates, which we’re going to get lower rates now.

Do you see it? Oh, no, you still don’t. You still elude your mind. Love you. Love you. You have no idea how much. All right, people. Like I said, share the video. Get it out there. You got something out of here. Let me know this video. You know what to do. We’re not going to stop doing what we’re doing. Let them play their freaking games. They’re not going to stop. Neither will we. And we can play a game way better than they can play. Why? Because we have they don’t have our playbook. We have theirs. You understand? We can’t lose.

Love you. Love you. Love you. I’ll see you later, people. 4 or 5 p.m. Eastern for the livestream. Have questions ready for me. What do you want to talk about? Let’s just have some fun over there, all right? I’m looking very forward to the livestream. I always am. And with that said, until we meet again, people, what am I going to say? Take care of yourselves and take care of each other. Thank you very much. [tr:trw].

See more of Gregory Mannarino on their Public Channel and the MPN Gregory Mannarino channel.