Dark Age to Golden Age: Trump’s Team Disarms the Lords of Money

0:00Yesterday at the Jackson Hall annual

0:02summit, new Federal Reserve Chairman

0:04Kevin Worsh opened up that policy

0:07conference with this indictment.

0:09>> If the Fed gets inflation wrong and

0:12judges the economy wrong, who gets the

0:14worst of it?

0:16Not the financial high-f flyers.

0:19Hardworking Americans are the ones left

0:21to deal with inflation that's too high

0:24or jobs that suddenly appear less

0:26secure. In those two sentences, Worsh

0:28captured what has gone wrong with our

0:30economy. The high-f flyers benefit and

0:33working people pay the price. His

0:35further remarks, coupled with Scott

0:37Besson's Operation Economic Outcast,

0:40point to a deliberate strategy to clip

0:43the wings of those financial high

0:45flyers. But what about the hardworking

0:47Americans that Worsh referenced? The

0:50same day that Wars spoke, President

0:52Trump stood at the Johnson Space Center

0:55and gave a hint of what this

0:57administration will be doing for those

1:00Americans who have been on the wrong end

1:02of globalization.

1:03>> Yet, as the world can see today under

1:05the Trump administration, we have

1:08brought back America's space program and

1:11came out of the dark age and it's now

1:13into the golden age.

1:14>> Between those two statements, you see

1:16the before and after. Before is a world

1:18under the imperial model run by the

1:20lords of money. And after is what this

1:23administration is fighting to create. A

1:26world dominated by that unique quality

1:30that the empire fears the most. Now this

1:33has been a jam-packed week between the

1:35trade war with Canada renaming lake

1:37America and all the other headline

1:39grabbing news. So it's easy to miss the

1:42shape of the larger war. I'm Susan

1:45Kokinda and it's that larger war that

1:47I'm going to lay out today in this

1:48Saturday rap. First, how Kevin Worsh

1:51smashed the global financeers crystal

1:54ball at Jackson Hole. Second, the big

1:58secret that Scott Bessant revealed when

2:00he announced Operation Economic Outcast.

2:03And third, why a press conference at the

2:05Johnson Space Center scares the

2:07globalists more than all of the above.

2:10So yesterday, the world's central

2:13bankers, other government officials, and

2:16academics convened at the annual Jackson

2:18Hole Summit in Wyoming. This was Kevin

2:21Worsh's first appearance at Jackson Hole

2:24as the chairman of the Federal Reserve.

2:27Now, the corporate media took his speech

2:29and tried to shove it into their own

2:31narrative. They were looking for tea

2:34leaves to tell them that interest rates

2:36are going to go up. You can see it in

2:39these headlines.

2:40Worsh fuels higher rate outlook and a

2:44clear signal of a rate rise and interest

2:48rate increase in play. Did they

2:51deliberately miss what Worsh said or are

2:54they just so freaked out that they

2:56blocked it out? Because how can you miss

2:59the implications of this?

3:01>> Now there is one signal nobody can miss.

3:04The responsibility for 65 months of

3:08sustained elevated inflation sits

3:10squarely with the central bank and

3:12that's where it belongs.

3:14>> That's the head of the Federal Reserve

3:16laying the blame for 65 months of high

3:18interest rates squarely on the Federal

3:20Reserve. Now do the math. 65 months

3:24takes you back to the beginning of the

3:25Biden autopen presidency. Now, one of

3:28the tools that the Federal Reserve uses

3:31to tilt the game in the favor of the

3:34financial high-f flyers is what's called

3:36forward guidance. That's just the

3:39chairman of the Fed and the FOMC

3:42signaling in advance what they intend to

3:45do with interest rates. That way, the

3:48lords of money can place their bets. But

3:50under Worsh, he made no bones about the

3:53fact that that is over. But we should

3:57not indulge a regime in which market

4:00participants are looking primarily to

4:03the Fed for their next trade.

4:07The economic literature has long

4:09described the distorting effects, what

4:11it called the hall of mirrors problem.

4:14Market participants are unlikely to bear

4:17the biggest costs of the hall of mirrors

4:19problem.

4:20most serious harm is likely to befall

4:23those without any financial assets.

4:26>> So again, Worsh pointed to how the Fed's

4:28forward guidance helps the market

4:30participants

4:32and hurts the lower 50% who don't have

4:35financial assets. So what did he really

4:38do? He basically smashed the crystal

4:40ball that helps the high-f flyers and he

4:43told them they should instead pay

4:45attention to the real economy and pay

4:47attention to risks rather than counting

4:50on the Fed to gain the system for them.

4:53Now, I don't think Kevin Worsh has

4:55become a Hamiltonian, but what he is

4:57doing is reducing the Federal Reserve's

5:00footprint. He's pulling it back from its

5:04role which has metastasized into

5:06something which simply feeds the

5:08financial parasite, whether it's with

5:11forward guidance or with quantitative

5:13easing. And he's getting it out of the

5:15way so that the real economy can begin

5:17to grow using other methods for

5:20hardworking Americans. Now, you are not

5:23going to get that analysis from CNN or

5:25Fox or your social media feeds, but you

5:28will get it from Prometheian Actions

5:30free newsletter. This is a good time to

5:32subscribe. The link is in the

5:34description. But there's a bigger story

5:36that no one else is giving you. While

5:38Wars is beginning to stop feeding the

5:41parasite,

5:42Bessant is taking aim at it. On August

5:4624th, the Treasury Secretary announced

5:48the administration's Operation Economic

5:51Outcast. And here's the highlights. He

5:54said, "Today, we are launching Operation

5:57Economic Outcast to foreclose every

6:00other option available to the Iranian

6:02regime. Treasury has mapped every node,

6:05every facilitator, and every network

6:07that Iran has used to smuggle oil and

6:10evade sanctions.

6:12Let me be clear. Any entity that

6:14facilitates money laundering on behalf

6:16of Iran will be removed from the US

6:19dollar system. The clock is ticking.

6:23Now, you probably did see coverage of

6:25that. But here's what almost no one else

6:29noticed. The exchange with a reporter

6:32near the end.

6:33>> So, why not impose the sanctions today?

6:37Well, we we are giving everyone the

6:40opportunity the to remedy bad behavior.

6:43Why would I want to blow up the global

6:45financial system? Think about that.

6:48Bessent is warning that if he were to

6:50pull the plug on the bad actors

6:53immediately, it would blow up the global

6:56financial system. Why is that? Because

7:00the globalist financial system is based

7:02on bad behavior. It's based on hot money

7:04flows, speculation, drug money

7:07laundering, support for other kinds of

7:09destructive, if not outright, criminal

7:12activity. And you can see how that works

7:14when you look at the entities targeted

7:16by Treasury. Notice how many are in Hong

7:19Kong. What are you looking at here?

7:21Since 1997,

7:23Hong Kong has operated under the one

7:26country, two systems framework. The

7:30financial architecture is British even

7:32though the country is politically under

7:35China. The financial architecture is

7:37British. The currency is issued by three

7:40banks. HSBC and Standard and Charters

7:43both British and the Bank of China.

7:46Capital flows free with minimum

7:48regulations. Hong Kong is the Cayman

7:51Islands of Asia and it is in Scott

7:54Besson sites. the broader financial

7:57implications of what is going on with

7:59the Iran conflict. The control of oil

8:02and oil prices has been one of the

8:04pillars of the empire's financial Ponzi

8:07scheme. This administration is

8:09bulldozing that by making the straight

8:11of Hormuse choke point irrelevant,

8:14removing the terror premium and busting

8:16up OPEC. Remember the UAE, which is one

8:19of the major producers, has already left

8:21OPEC. Then add this to the battle plan.

8:25the creation of new sources of oil not

8:28under imperial control. So yesterday,

8:32this is what the president announced

8:34regarding Venezuela.

8:36He said that the United States and

8:38Venezuela have now entered into the

8:41biggest oil deal in world history. and

8:45he announced that Venezuela now is in

8:48partnership with private business which

8:50have secured majority US control of more

8:54than 65 billion barrels of proven oil

8:57reserves in Venezuela at no cost to the

9:00American taxpayer. This historic

9:02transaction more than doubles American

9:05oil reserve. So look at what Bessant is

9:08really pulling on. A financial system so

9:11fragile that shutting down bad behavior

9:14might blow up the whole thing. A system

9:17that runs on controlling oil through the

9:19cartels, the choke points, the insurance

9:21rackets, the futures markets. When you

9:24take away that superructure, what do you

9:26see? You see the underlying idea that

9:30holds the empire together. A system

9:33based on money and limited real growth.

9:36A system where the lords of money

9:38control who wins and who loses.

9:41But what happens when they lose control?

9:45When there are no limits, where real

9:47wealth is not defined by money? That's

9:50the American system. And it was on full

9:52view yesterday at the Johnson Space

9:54Center. President Trump traveled to the

9:56Johnson Space Center in Houston to

9:58present the Congressional Space Medal of

10:00Honor to our four Artemis 2 astronauts.

10:05NASA administrator Jared Isaacman set

10:08the tone in his introduction to the

10:10president.

10:11>> Mr. President, welcome to Johnson Space

10:14Center. I am grateful to serve under a

10:16president with the vision and

10:18determination to ensure American

10:20leadership across the great frontier of

10:22space. We will pursue the secrets of the

10:25universe, unlock the economic potential

10:27in space, ensure our national security

10:29and the ultimate high ground, and

10:31inspire the next generation to carry the

10:33fire of exploration. even further.

10:35>> And the president carried that theme

10:37forward. He talked about his love of

10:39space. He talked about how he got it

10:41from his uncle John Trump. He talked

10:44about what had happened to NASA under

10:46Obama and Biden. How the man space

10:49program, the next step, which then was

10:52called constellation, was cancelled by

10:55Obama in 2010. That cancellation came at

10:59the same time Obamacare was forced on

11:02this country. And those two policies

11:05encapsulated the dark age. Limits to

11:07growth, no frontiers.

11:10This is a cultural weapon that the

11:13empire uses to trap you in a world of

11:16managed decline with no way out. Now,

11:19nothing shatters that imperial prison

11:22more than what Donald Trump announced

11:24yesterday. He announced the creation of

11:27a United States Space Academy. He

11:30established the framework to make our

11:32push into space a part of our whole

11:36society and to make it permanent.

11:39President Trump signed the presidential

11:41directive establishing this in front of

11:43the past and the future astronauts. In

11:47it, he declares that the nation must

11:50prepare the next generation of

11:52astronauts, scientists, engineers,

11:55operators, entrepreneurs, civil

11:57servants, and war fighters and ensure

12:00that they are capable of advancing

12:02American interests in space. This is all

12:06of society being drawn into the golden

12:09age of exploration. This is the

12:11institutional rejection of the empire's

12:14dark age. And speaking to that same

12:17gathering, Apollo 17 astronaut Harrison

12:21Schmidt, who was one of the last two

12:23people to set foot on the moon, said it

12:26better than anyone.

12:28>> And maybe increasingly through my

12:31activities, continued activities as a

12:33researcher,

12:36you're sampling

12:38evidence of creation.

12:41That's what exploration of the moon and

12:44of the earth but and eventually of the

12:47rest of the solar system is all about.

12:49We are sampling creation.

12:53God is on our side folks

12:57in this in infinitely complex

13:01movement of freedom

13:04into the solar system. And I'm

13:06absolutely convinced he wants us to go

13:09farther. Reflect on that. Reflect on

13:12what he said. God is on our side in the

13:15infinitely complex movement of freedom

13:18into the solar system. People who are

13:20sampling the evidence of creation will

13:23never fall prey to cultural despair or

13:27be ruled by the lords of money or by an

13:29oligarchy. And Harrison Schmidt also

13:32understood the cultural and political

13:34implications of that when he concluded

13:37with this. Now, he's also on our side

13:42as well as the infinitely equally

13:45complex

13:46challenge we have in the preservation of

13:49freedom here on this planet.

13:51>> That's the fight. The preservation of

13:53freedom here on this planet. Whether it

13:55is freeing ourselves from a financial

13:57system that serves the empire or a

13:59cultural system of limitations and

14:01littleness. That is indeed the

14:04infinitely complex challenge before us.

14:07And this administration is indeed on the

14:10right side and it does have the right

14:12stuff and that is the side that

14:14Prometheian Action is on as well. So if

14:17you want to be part of that fight, join

14:19us as a contributing member or a

14:20supporter. This has been your Saturday

14:22rap. Thanks for joining us.