We do the bidding of the ultrarich, except as to the CCP: as to China, the ultrarich are angry that the CCP is taking over their businesses because the CCP wants to take over the world after taking over Asia by taking Taiwan to interdict Japanese and South Korean critical oil shipping lanes. Do not forget the Wall Street and financiers who are the close allies of the CCP. They have benefitted from using quasi-slave factories in China for decades, which enabled their tax avoidance. Consider who benefits from this recent inflation, and who are the true control group members of the banksters?<br><br>A financial commentator named Jeff Booth makes many wise observations and insights. However, he overlooks the facts revealed in an old documentary called “Britain’s Second Empire: The Spider’s Web” which estimated that many years ago there were already at least $55 TRILLION dollars concealed JUST in the tax havens within the British Commonwealth. Is he terrified of offending the ultra-rich who own the world and for whose benefit inflation was created?<br><br>Why? Because the ultrarich have successfully avoided paying taxes for many decades so government has been funded by money printing which creates inflation and is effectively a tax on our poorer citizens who see their wages decrease in purchasing power while prices for food, etc., rise: read “Elon Musk doesn't get paid, buy stuff or pay taxes like you do” in CNN business. Musk is just a minor example; is he truly the richest man in the world or an agent of one of the trillionaire families?<br><br>THINK, how many hundreds of TRILLIONS in total do the ultrarich families have concealed all over the world in tax havens, in land in developing countries, in tax trusts in Ireland and similar countries with great tax rules, in companies producing basic goods or raw materials in Africa and South America, etc., etc. Read about the Fugger Family in Wikipedia. <br><br>Ultra-rich owners of such real assets need not fear inflation: they can pass it through to their customers while it reduces the wages of their oppressed employees and their other debts. Do you think that they or the wealth of the Mafia or the Triads, etc., truly just evaporated like water in their Las Vegas streets? Fat chance.<br><br>The ultra-rich around the world have been hoarding their vast wealth while avoiding the payment of taxes. They are the people to whom governments around the world owe HUNDREDS OF TRILLIONS. <br><br>The US government is in a quandary now, because fewer people are buying its treasuries. This is because it spent most of its wealth for decades bailing out the banks and other financiers owned by the ultra-rich. Watch a yt commenter named Jake Tran. He perceived part of their financial maze. However, all of those who blame the "Fed" leaders or the ECB presidents, etc., are blaming the hands that defrauded most Americans and most Europeans, not the actors that actually control those hands/agents. Always ask: Qui Bono?<br><br>Thus, when I hear about tapering, I am curious as to what level of “tapering” will be done. There is a mathematical issue that arises if interest rates are raised too high on rolled over, US treasuries, according to the committee for a responsible federal budget:<br><br>QUOTE:<br>This year, the federal government will spend $300 billion on interest payments on the national debt. This is the equivalent of nearly 9 percent of all federal revenue collection and over $2,400 per household. …<br>Higher interest rates will mean higher interest payments and deficits. For example, if interest rates were one percentage point higher than projected for all of 2021, interest costs would total $530 billion — more than the cost of Medicaid. If rates were two percentage points higher, interest costs would total $750 billion, which is more than the federal governments spends on defense or Medicare. And at three percentage points higher, interest costs would total $975 billion — almost as much as is spent on Social Security benefits. On a per-household basis, a one percentage point increase in the interest rate would increase costs by $1,805, to $4,210.<br>END QUOTE.<br><br>Aside from that, the large number of US companies that are over-leveraged and also of investors who purchased shares on margin may cause many companies to become legally insolvent when their interest rates on their rolled over bonds rise. If substantial tapering occurs with consequent raises in interest rates, their shares would also accordingly tank, even if they do not become insolvent: would you be satisfied getting a 2.8% rate of return, holding companies’ bonds if you could get the same return on treasuries? <br><br>Many investors would have to meet margin calls from brokers which they cannot afford to pay, so more and more shares would be sold to limit losses by those brokers. Hence, the stock market will crash if interest rates are raised. <br><br>Furthermore, a huge part of the inflation problem is caused by shipping delays and by production issues in the USA’s main supplier, China, whose “zero virus” policy is going to meet its eventual death due to the infectiousness of Omicron. <br><br>Many companies in the USA and China will thereby fail. Will the frauds and improper accounting practices used by the ultra-rich to defraud pensioners and other innocent Americans be revealed (like Bernie Maddoff’s frauds were revealed by the prior crash despite the SEC’s careful overlooking of reports about them) and prosecuted this time? I have little hope: e.g., despite his many actions, which amounted to a modus operandi, presented at his trial, the court of appeal will apparently give Weinstein a new trial like the connected lawyers allowed another famous, wealthy, nonconsentual, "extreme-dater" to get released.<br><br>Until we eliminate this kind of corruption, from cronyism in which we have a hierarchy of groups that protect their members and allow them to operate above the law and commit frauds (e.g., Maddoff and the SEC), the USA will not be competitive in many areas with countries that operate in a more united way like Japan or Germany. The ultra-rich will keep ruling us through this cronyism. The parasitic ultra-rich are the biggest burdens on our economies.<br><br>Now, the bribe taking by judges (and pre-bribes, so that judges get elected by funding from groups and will then have to protect those groups while on the bench) is effectively a corruption tax which all Americans and American productive companies pay, if they are not connected to the most corrupt groups. Corruption among LA judges is  now well known, for example, and must be feared by anyone who was harmed and must bring US litigation.<br><br>Like France before the revolution, we have an entire class of corrupt people that are above the law and do not have to pay taxes (due to the tax loopholes that they created, like the exclusion from income for foreign income," so that companies like “Apple Successfully Avoids $50 Billion in American Taxes” per Gizmodo.)<br><br>See also "Elon Musk explains his extremely low tax rate" in The Hill. The parasites that run our country successfully avoided paying taxes as was proposed this year. They have avoided paying taxes for DECADES. See "Corporate Tax Avoidance Remains Rampant Under New Tax Law" in <a href=""http://itep.org/"">itep.org</a>.<br><br><br>Of course", it is not just the trillionaire families' companies that engage in billions of dollars in tax avoidance. Their pet billionaires and millionaires do the same things. How long will this continue?<br><br><br>Will a stock market crash, when the Federal budget cannot be balanced without substantially increased taxes due to increased interest rates on rolled over treasuries, cause change? We will see.<br><br><br>When will Americans stop selecting their leaders from the ultra-corrupt millionaires and billionaires who have avoided or evaded paying taxes (and complying with other laws) for decades? If you select the biggest and most successful crooks to lead you, do not act surprised later on if you find yourself defrauded by them and their cronies.