The Great Robbery (3)
Excerpts from
Unz Review by Larry Romanoff ~ November 21, 2022
(8) Recessions and Depressions
One of the nastier advantages of the foreign ownership of a country’s central bank is that the Jews have total control over those economies.
Since they control both the money supply and the interest rates, they have easily the power to whipsaw economies and profit immensely at every cycle. They do it the same way every time – by lowering interest rates to zero or nearly so, while hugely inflating the money supply, thereby creating large bubbles in debt, in the stock and housing markets, and so on.
Then, they severely contract the money supply and all credit while simultaneously raising interest rates, thus bankrupting countless thousands of banks, businesses and families, and buying up for pennies on the dollar every manner of assets when the blood is running in the streets.
After accomplishing their task of relieving a nation of a significant portion of its assets, they again expand the money supply and open the credit taps while reducing interest rates to give economies time to recover, then rinse and repeat. It is not a secret that all such recessions have been deliberately inflicted on Western economies by these Jewish bankers for the past 200 years or more.
The 1929 Great Depression was one such, with euphoria based on the Jewish owners of the FED expanding an almost unlimited money supply and easy credit with low interest rates, building a huge bubble which was then burst. Thousands of banks, tens of thousands of companies, and millions of families, all went bankrupt, with all those assets mostly flowing eventually to the Jewish owners of the US FED and their closest friends.
This was done many times prior to 1929, and has been done many times since. The bitterly savage recession in 1983 was similarly created by the US FED – on orders from the City of London, with Volcker even boasting openly about what he was doing. The 2008 housing and financial crisis in the US was identical, and in no way accidental. It was so bad that an executive of Goldman Sachs said at the time, “Things will never return to normal after what they have done.”
The collapsing of the industrial economies in 2022 is the same. A sudden and deliberately-contrived “energy shortage”, created in large part by the sabotage of Nordstream II, a reduction in the money supply, and the stiff raising of interest rates “to combat inflation” (which was entirely self-induced), and soon blood will be once again running in the streets.
And an almost unlimited number of industrial corporations, especially in Germany but also in the weaker European nations, will be facing bankruptcy and takeovers, the news of which will never reach the public thanks to the almost-total media control by these same people.
There is no accurate way to definitively calculate the looting that takes place during these contrived “recessions”. 1929 was certainly in the trillions of dollars, as was 1983, which were perhaps the two worst, but the others weren’t so far behind. 2008 was also in this category, the housing losses alone being in the trillions, which I have included elsewhere.
Given the lack of detailed data, I won’t try to isolate and estimate the financial result of each contrived financial recession, and will ignore the smaller ones, but that still leaves us with 1929 and 1983 being worth a very conservative $3 trillion each.
It seems unreasonable for our purposes to not compound these two amounts with interest for the 90 years and 40 years respectively, but the totals become fantastic and almost incomprehensibly large, and thus very difficult to accept as rational. At 5%, $3 trillion in 90 years (since 1929) will accumulate to $240 trillion, and even over 40 years (1983) will become $21 trillion.
Senator Robert Owen, a co-author of the Federal Reserve Act, testified before a Congressional Committee that the bank he owned received from the National Bankers’ Association the “Panic Circular of 1893.” It stated: “You will at once retire one-third of your circulation and call in one-half of your loans.”
And that is how these central bankers create the recessions: an instant reduction of 35% or more in the nation’s money supply and a 50% reduction in total credit. The inevitable result is the bankruptcies of thousands of corporations and banks, and an enormous plunge in stock market values and corporate assets of every description which are now available for pennies on the dollar.
Wait ten years, and repeat. The purpose is the immense transfer of wealth available in each such cycle, and not only from small banks and corporations but from the general public as well, many of whom also lose everything they had, those assets eventually filtering up to the few oligarchy bankers who planned the events.
Leger Entry: $6 trillion in today’s dollars
(9) Looting the Oil Industry in 1983
As a detailed example, let’s look at the FED-induced 1983 recession and its effect on only the oil industry in North America. To begin, let’s assume we have an oil well with a constant steady production (which many are), but in this case of only one barrel per year for 40 years, with the oil price at $100 per barrel.
That gives us a total value of $4,000. However, since $1 next year is worth less than $1 this year, we discount our future production at some interest rate, with this result in terms of value (if we want to sell our oil well):
- 0% – $4,000
- 3% – $2,500
- 6% – $1,500
- 10% – $1,000
- 25% – $400
Immediately prior to the 1983 recession, The New York Times proclaimed that a sudden and inexplicable “oil glut” had arrived, such that oil became nearly worthless, prices dropping from US$40 to less than $10 almost overnight. Of course, if the price of oil drops by 75%, the value of our oil well drops by 75% as well, so our $4,000 oil well is now worth only $1,000.
But we had a double whammy, because the FED wasn’t idle during this period. After causing a massive burst of inflation in the 1970s to prepare for this eventual result, the FED suddenly felt a need to “fight inflation” by driving interest rates up to 20% and even 25%.
The result was that oil wells were then selling at a discount of 25% on cash flow, and I know because at the time I was in the oil business and was buying and selling oil properties, some quite large, at this discount rate.
This means that our $4,000 oil well, which was now worth only $1,000 due the collapse in the price of oil, was then hit with the FED’s interest rate sting, and was now worth only $100. And, with the blood running in the streets, this was when our Jewish Khazar bankers in the City of London sent in their agents to buy.
Then, the “oil glut” somehow miraculously evaporated and it seems we actually had a shortage, pushing the oil price back to its original $40, and quickly on its way to $100. And then, just as miraculously, inflation seemed to have been “tamed”, and interest rates declined from 25% back down to the 6% and 3% where they had been before.
And our “$100 oil well” was back up to $2,500 and on its way to $5,000. And that means that a mere handful of people purchased producing oil and gas properties for almost pennies, and then watched their “investment” multiply by maybe 50 times. That’s not bad.
There are few places where we can obtain a return of 5,000% on an investment in only a few years, and with no risk whatever. When you have the power to control the price of oil, and when you have the FED controlling interest rates, you can work miracles.
There is no way to calculate accurate totals, but countless thousands of small and medium-sized oil companies either went bankrupt or were taken over, and the purchases in North America alone would have been in the trillions of dollars. I have ignored the rest of the world, and assumed a conservative $2 trillion for only North America, adjusted at a growth of 5% for 40 years from 1983.
Leger Entry: $14 trillion in today’s dollars
What you did to others will be done unto you, the God of the Heavens says:
“I have seen a horrible thing in the house of Israel; there is the whoredom of Ephraim, Israel is defiled,” Hosea 6:10
“Because thou hast despoiled many nations, all the remnant of the people shall despoil thee, because of men’s blood, and for the violence of the land, of the city, and of all that dwell therein,” Habakkuk 2:8
“In all your dwelling places the cities shall be laid waste, and the high places shall be desolate, that your altars may be laid waste and made desolate, and your idols may be broken and cease, and your images may be cut down, and your works may be abolished,” Ezekiel 6:6
“Moreover take thou up a lamentation for the princes of Israel,” Ezekiel 19:1 — so this chapter is a lamentation; notice it started at the beginning with a lamentation and at the end it says: “This is a lamentation and shall be a lamentation,” for the princes of Israel; but who are the princes of Israel?
Joel Huan
The Mystery of Ephraim 