01/25/2024 / By Kevin Hughes
Financial collapse is coming soon, warned financial analyst and former hedge fund manager David Webb during a recent interview on the “Health Ranger Report” podcast.
Webb said people are now seeing the end-stage phenomena of a collapse which has been planned in order to take everything from everyone.
He explained this end-stage phenomena are what he calls hyper-financialization.
“And following this, there will be a bust and prolonged low-price level. And this is what allows the public to be suppressed and put into a condition of deprivation,” Webb told host Mike Adams.
Velocity of money is a measurement of the rate at which money is exchanged in an economy. The velocity of money formula shows the rate at which one unit of money supply currency is being transacted for goods and services in an economy.
If people want to come up with money, they have to sell something like products or services. The author of the book “The Great Taking” added that newly created money gets turned over many times within a year and this velocity is the multiplier or the relationship between the end sales, the economic growth and the money creation.
According to Webb, the aftermath of the Asian financial crisis in the late 1990s led to the velocity of money phenomena to start rolling over and collapse. He recalled noticing strange things happening at the time in the financial markets in terms of how the markets behaved and moved up without any reason for it.
Webb said he started following what the Federal Reserve was doing through the open market operation and found that the Fed created over one percent of the United States GDP in new money in a week. If it was annualized, it was a big rate of growth in an economy that was only growing by three percent in a good year.
The former hedge fund manager added that by the peak of the dot-com bubble in the fourth quarter of 1999, the Fed was growing money at a 40 percent annual rate.
Webb stressed the Fed knew they were doing it and did it to create bubbles and crises. (Related: Federal Reserve to print another $2 trillion in fake fiat funny money to bail out financial terrorists, further devaluing dollar.)
Adams commented that “people have been living for decades in an artificial money creation or cheap money, easy money environment that has inflated the perceived values of everything from real estate to the stock market.”
Webb agreed and stressed that this happens when a country transitions to a point where “money creation is not going into the real economy, and it increasingly goes into financial assets, warfare and social control which is an end-stage phenomenon.”
Adams then asked Webb if the financial bust would be followed by the contraction of all the excess money that had been created.
Webb said the world is already in the end-stage phenomena with the velocity of money collapsing to a lower level than at any point during World War I, the Great Depression and World War II.
“This is a profound collapse. And that basically means that no matter how much money is created, it’s not it’s without correspondence with what is happening in the real economy. It’s blowing out the money creation,” Webb said. “This leads to hyper-financialization, which would lead to warfare and social control because they are preparing for the collapse of the system.”
According to Webb, the last time the collapse in velocity happened was during the early part of the 20th century with the collapse of the Qing Dynasty, Turk Ottoman Empire, Austro-Hungarian Empire and Russian Empire.
He also pointed out that all of the central banks are in collusion in this financial collapse and there are no independent central bankers in the system.
Follow Bubble.news for more news about the looming financial collapse in America.
Watch the video below to learn more about David Webb’s interview with Mike Adams.
This video is from the Health Ranger Report channel on Brighteon.com.
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