Archive for Jerome Powell

Federal Reserve Calls for Inflation, August 2020

Posted in #PaulthePoke, Michael Douville, Prophecy, Trend Update with tags , , , , , on August 28, 2020 by paulthepoke
Pool Photo

Jackson Hole, Wyoming: The Federal Reserve is changing course. Chairman Jerome Powell indicated the Federal Reserve is willing to allow for inflation to elevate above 2% for some time before raising interest rates. Translation, get used to low interest rates for awhile and the cost of basic goods is going up in price. Here comes inflation.

For those of you who are interested, click on the link below for the official speech and comment from the Federal Reserve Chairman, Jerome Powell.

https://www.federalreserve.gov/newsevents/speech/powell20200827a.htm

Michael Douville is watching and he provides analysis of the situation. Michael has a warning. Beware! Stocks are decoupling from the Economy! Time to buy small rentals for CASH FLOW!!

The Divergence of the Stock Market from the Real Economy does not happen often. When it does, Investors need to take heed. It may be prudent to take profits and transfer Wealth to much more conservative and cash flowing rentals in one of the three great states: Florida, Texas, and ARIZONA.

Check out Michael’s comments below on YouTube.

Michael@michaeldouville.com

https://michaeldouville.com/

One of the initial hallmarks of the end times scenario is hyperinflation. Is the Federal Reserve change in financial policy setting the stage for the scenario below?

Revelation 6:5-6 When he opened the third seal, I heard the third living creature say, “Come!” And I looked, and behold, a black horse! And its rider had a pair of scales in his hand. And I heard what seemed to be a voice in the midst of the four living creatures, saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius, and do not harm the oil and wine!”

Jesus has opened the scroll and initiated judgment with a series of seals, trumpets, and bowls. With the opening of the third seal, John speaks of a time when it will cost a day’s wage for food. About 2,000 years ago, a denarius was a day’s wage for labor.

And the rich are not impacted, do not harm the oil and wine!

Free Money!!! March 2020

Posted in #PaulthePoke, Pestilence, Prophecy, Trend Update with tags , , , , , , , , on March 15, 2020 by paulthepoke

Revelation 6:5-6 When he opened the third seal, I heard the third living creature say, “Come!” And I looked, and behold, a black horse! And its rider had a pair of scales in his hand. And I heard what seemed to be a voice in the midst of the four living creatures, saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius, and do not harm the oil and wine!”

Jesus has opened the scroll and initiated judgment with a series of seals, trumpets, and bowls. With the opening of the third seal, John speaks of a time when it will cost a day’s wage for food. About 2,000 years ago, a denarius was a day’s wage for labor. We are living in and witnessing historical times and events. However, we are not witnessing the third seal of Revelation.

photo: Business Insider

In an unprecedented move, the United States Federal Reserve slashed interest rates to ZERO! A new round of quantitative easing will be initiated worth $700 billion in treasuries and mortgage backed securities.

Emergency lending for banks has been reduced to .25%. Repayment has been extended to 90 days.

Requirement ratios for banks has been reduced to ZERO.

Here is the statement from the Federal Reserve.

“The coronavirus outbreak has harmed communities and disrupted economic activity in many countries, including the United States.”

“…is prepared to use its full range of tools to support the flow of credit to households and businesses and thereby promote its maximum employment and price stability goals.”

https://www.cnbc.com/2020/03/15/federal-reserve-cuts-rates-to-zero-and-launches-massive-700-billion-quantitative-easing-program.html

Here is the latest statistical data from around the globe.

  • 169,000+ infected globally
  • 6,500+ deaths
  • Spain is on lock down.
  • France is on lock down.
  • Germany is reported to close its borders on Monday.
  • Nike and Apple have essentially closed all stores globally.
  • United States has 3,600+ cases
  • States are closing public schools.
  • Hoboken, NJ has issued a 10:00 p.m. curfew.
  • Universities are moving to on line instruction and closing campi.
  • College and professional sporting competition has been suspended.

Many critics state there is much hyperbole and over reaction with the media reporting and government response to the coronavirus COVID 19. I would encourage those critics to look at Italy. Cases are now over 24,000 and the death toll is increasing. Physicians are now making decisions on who gets care and who does not. Hospitals and health care providers cannot meet demands. The number of cases has doubled in the last four days.

https://www.theatlantic.com/ideas/archive/2020/03/who-gets-hospital-bed/607807

https://www.propublica.org/article/this-coronavirus-is-unlike-anything-in-our-lifetime-and-we-have-to-stop-comparing-it-to-the-flu

We do not want videos of overwhelmed hospitals and health care workers making decisions in the parking lot on who gets care and who does not.

https://www.worldometers.info/coronavirus/

https://gisanddata.maps.arcgis.com/apps/opsdashboard/index.html#/bda7594740fd40299423467b48e9ecf6

~

Revelation 6:7-8 When he opened the fourth seal, I heard the voice of the fourth living creature say, “Come!” And I looked, and behold, a pale horse! And its rider’s name was Death, and Hades followed him. And they were given authority over a fourth of the earth, to kill with sword and with famine and with pestilence and by wild beasts of the earth.

One quarter of the earth will be affected by death with the fourth seal! 1/4 of 7.8 billion is 1.95 billion!

Please understand. What we are watching and living is a human tragedy. I do not want to minimize this. But, this is nothing of the scope and scale of what is to come. We are not in the Revelation seals. There is time now.

2 Peter 3:9 The Lord is not slow to fulfill his promise as some count slowness, but is patient toward you, not wishing that any should perish, but that all should reach repentance.

1 John 2:2 He is the propitiation for our sins, and not for ours only but also for the sins of the whole world.

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