The “Soft Landing” Lie: A Global Economic Slowdown Is Already Underway

The “Soft Landing” Lie: A Global Economic Slowdown Is Already Underway

By Brandon Smith

If people have learned anything from the past few years of Ivy League elites and TV talking heads feeding them economic predictions, I hope they finally understand that the “experts” are usually wrong and that alternative analysts have a far better track record. Whenever establishment economists make a a call the opposite generally turns out to be true.

By extension, alternative economic predictions are usually well ahead of the curve – What we talk about might be labeled “doom mongering” or “conspiracy theory” today. In three years or less it will be treated as common knowledge and the mainstream “experts” will claim that they “saw it coming all along” while taking credit for financial calls they never made.

This has been a long running pattern and it’s something those of us in the alternative media have come to expect.

For my part, I warned for years about the threat of the impending stagflationary crisis which ultimately struck hard in the “post-pandemic” US. The establishment gatekeepers denied such a thing was possible. When it happened, they claimed it was “transitory.” Now, they argue that a soft landing is imminent and there’s nothing to fear from trillions in helicopter money being pumped into the system. They claim nothing of significance will change.

I also predicted that the Fed would create a Catch-22 scenario in which interest rates are raised into economic weakness while inflationary pressures expand. I suggested that the central bank would keep rates higher for far longer than mainstream analysts claimed. This is exactly what has happened.  My position is simple – The Federal Reserve is a suicide bomber.

Who are you going to believe? Independent economists who have proven correct time and time again? Or, the Ivory Tower guys who have been consistently wrong? I’ll say this: If success in economics was actually based on merit and correct analysis, people like Paul Krugman or Janet Yellen would have been out of work a long time ago.

As for the ongoing narrative of a soft landing, the question I have to ask is HOW exactly they are going to make that happen? First, let’s clarify why central bankers are the problem (along with the governments they covertly influence)…

There are only two logical reasons for central bank induced inflation: To hide the effects of a massive deflationary slowdown caused by too much debt, or, to deliberately trigger a currency collapse. Both motives could apply at the same time.

Inflation for banks is a tool for fiscal change, but also social change. It’s not a coincidence that financial crisis events always lead to more centralization of global power into fewer and fewer hands; this is by design. Inflation allows the establishment to delay or initiate a crisis with greater precision.

I’ll ask this question once again because I don’t think some people are getting it: What if their goal is to create a crash?

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