I love Jackson Hole, Wyoming; I spent some time there recently with my family.  It’s where the Fed gets together with bankers from all over the world, it’s the bean counter version of Davos, and it’s something I have paid attention to for a long time.  It’s also where one of my favorite movies, Every Which Way You Can, was filled.  While there, I had to visit all the filming locations for the big fight at the movie’s end.  And it is there that my daughter and I like to get new cowboy hats; there is an exceptional store on the square that is fantastic.  But it is there that I wanted a hat because I wanted to think about the notion that much of the world’s problems are created through monetary policy, and it’s a reminder that Jackson Hole, as lovely as it is, brings out the most pretentious in these stiff bankers, and aligns them with all the horrendous out-of-touchness that is typical at the World Economic Forum meetings in Davos.  Smart, stiff people suddenly surrounded by beautiful mountains who start to think of themselves as the gods from Mt. Olympus.  Then suddenly, they lose track of reality and become the kind of tyrants people scream “freedom” from.  But that doesn’t make Jackson, Wyoming, a bad place because people go there and create bad monetary policy.  I see it as a place of adventure, and during that most recent trip, I pulled my RV through the McDonald’s drive-thru to get my grandchildren some chicken nuggets before heading south into Utah for the next leg of our journey, which caused quite a stir.  They had never seen anybody do something like that, which maybe is the actual message. Perhaps they should because a bit of managed recklessness is essential to significant economies and avoids disastrous discussions about the Fed proposal of a CBDC (Central Bank Digital Currency)

Of course, the Fed wants to abuse its power, most institutions find those temptations too seductive, and there will never be a group of people who handles too much responsibility well.  That doesn’t mean you never have groups of people with massive responsibilities, it just means that you can never allow them to have too much power, and that is what all central bankers are looking for in the world, more security for them and less freedom for you.  It’s also why I say that the election fraud was so bad in 2020 because many financial forces aligned with the World Economic Forum are looking for stability that the Trump economy was set not to provide for them.  So they conspired together to commit the most significant election fraud in the history of the world, and they did it essentially to make a CBDC in America possible. (Central Bank Digital Currency) The Fed is already practicing Modern Monetary Theory, so it’s all on the table with a CBDC to control every aspect of our lives. That’s the plan and has been the plan coming up every August at these Fed meetings in Jackson Hole for a long time now. Suppose you know anything about those timid types who desire with all their hearts some centralized stability in global communism. In that case, you can understand why they cheat in elections, especially in 2020. They will do anything to win again and protect their worldview. ANYTHING!  The current status of Central Bank Digital Currency is that many central banks around the world are exploring the possibility of creating their digital currencies. The goal is to provide a secure and efficient way of conducting transactions while maintaining control over monetary policy. Some countries, such as China, have already begun testing their digital currencies. However, many questions and concerns still surround implementing CBDCs, including privacy, security, and financial stability. It will be interesting to see how this technology develops and how it will impact the global economic landscape in the future.

Joe Biden was put in place in 2020 over President Trump to establish a CBDC during his term.  The first term would set up the conditions; the second would get it done.  This is the one world currency discussed and why the World Economic Forum wants to go to a cashless society.  Most everything the radical leftists in the world, who now run many of these central banks complete with ESG scores as their primary drivers, is to impose a China model, communist-driven, CBDC into the American economy, which will then give complete control of governments over people by changing values of money with the push of the button.  This is why Biden’s radical communist party has no concern whatsoever about the debt and why Modern Monetary Theory, which they deny they know anything about, is such a lucrative strategy for them.  They can wipe away debt with the push of a button because the value is determined by those controlling money, not the actual production provided by economic activity.  And suppose it’s a one-world currency controlled by the influences of the World Economic Forum, which already controls the Federal Reserve in the United States. In that case, nothing can stop them from completely dominating the world’s money supply.  That is the end game that the Fed is talking about this year in Jackson Hole, Wyoming, as they look at the lovely mountains and sip lattes early in the morning as they watch elk cross the street.  Isn’t nature so beautiful?  It makes you want to impose ESG scores on banks to fulfill fake climate change criteria to advance the concept of a CBDC into a Liberal World Order. 

It is with a CBDC that the Biden administration hopes to disconnect people from their lives by turning them off entirely from economic activity.  If the only currency available is those controlled by corrupt centralized governments, people will have no choice but to capitulate.  That is how it is in China increasingly, and the Biden administration is drooling over the prospects in the United States.  They couldn’t quite get it done fast enough to be in Biden’s first term, so they plan to do it in the second if he lives long enough.  But that is why they want a brain-dead stooge in the White House.  For them, Kamala Harris will do just fine.  All she has to do is sign where they tell her to.  They could care less about anything else because if they control the money, they control all of society.  If you don’t like it, they don’t care.  They can turn you off at the gas pump with the flick of a button.  They can steal all your savings.  Take your home if you don’t vote how they want you to.  And life as we know it will then be controlled by the lunatics at Davos because of the Fed policies set at Jackson Hole every August, as they have been working toward this CBDC concept.  And yes, it’s every bit as bad and more than you can imagine.  Yet they think nobody will catch them on it until it’s too late, which has already blown up in their face.  That means that this year’s trip to Jackson Hole by the global bankers, especially those directly connected to the Fed, is to do damage control.  Not to present the status as much as how to keep it alive through this next election cycle and the threat to them of another Trump term.  Good for us, bad for them.  Very bad.

Rich Hoffman