patrick.net

https://rudy.substack.com/p/the-false-security-of-consensus

“This is the problem with central banks the world over: they are in the business of imposing prosperity through financial means, rather than by treating prosperity as a co-product of actual growth. Their intentions are the best but what they are doing is incalculable harm.”

Jim Grant, 2011

(Source: My notes from a now-deleted Bloomberg interview with Grant and Jim Rickards)

https://ground.news/article/former-fed-gov-kugler-violated-trading-rules-while-at-the-central-bank-ethics-report-found

Former Fed Gov. Kugler violated trading rules while at the central bank, ethics report found

Adriana Kugler resigned from the Federal Reserve after Jerome Powell denied her request for a waiver regarding her financial holdings that violated ethics rules, according to a Fed official.

Kugler faced an investigation by the Fed's internal watchdog concerning her financial disclosures before her resignation in August.

Kugler acknowledged that her spouse's purchases of Apple Inc. and Cava Group Inc. shares violated investment rules, stating, 'my spouse made the purchases without my knowledge.'

Kugler's resignation allowed President Donald Trump to appoint Stephen Miran to the Fed's board amidst his pressure for lower interest rates.

Not sure its the Rothschilds, but there does seem to be something there.

Fed Funds rate is 3.75% to 4% before today's 0.25% rate cut. 9 voted for this and 3 against which may mean the next rate cut may only get 7 or 8 votes if conditions remain the same.

Patrick says

How one man can decide how much interest taxpayers must pay monthly to Rothschild family for money they never really had.

>Rothschild family doesn't want to get reduced or null "real cash flow" from interest rate year after year so:

Average Margin Between Fed Funds Rate & Inflation?
Short answer:
Across modern U.S. monetary history (1954–2025), the average margin between the Fed funds rate and CPI inflation is roughly:

✅ ≈ +1 to +2 percentage points
Meaning:

Fed Funds Rate ≈ Inflation +1% to 2%
This is consistent with the Fed’s long‑run behavior: keeping real interest rates slightly positive.

Independent is a another, nicer way of saying "Unaccountable"

Imagine if your personal income was overseen by an independent board you could neither fire nor direct nor replace unless they resigned themselves.

https://rudy.substack.com/p/choosing-long-term-pain-over-crisis

Eventually, after some real critical thinking and common sense, we all realize it’s the banks vs. the people. Enabled by a government that actually hates you.

https://x.com/JSanchezTorron/status/2006707985679004066

A promissory note can function as currency as long as the debt is not repaid. This is the logic on which the Bank of England was founded, the first successful modern central bank. In 1694 a consortium of bankers made a loan of 1,200,000 pounds to the king. In return, they received the royal monopoly on the issuance of banknotes. In practice, this meant that they could issue promissory notes for a portion of the money the king owed them to any citizen of the kingdom who wanted to buy them, or deposit their money in the bank: in effect, circulating, or "monetizing" the newly created royal debt. This turned out to be quite a business for the bankers (they charged the king 8% annually on the original loan and charged simultaneous interest on the same money to the clients who borrowed it), but it only worked as long as the original loan was never canceled. To date, the loan has not been repaid. It will never be repaid. If it ever happened, the British monetary system would cease to exist.

David Graeber
'Debt: The First 5,000 Years'

Gold and Silver are just getting warmed up. India officially accepts silver to back real estate transactions. BRICS backing their currency play with gold and silver. China supplies 70% of worlds silver and all exports will now go through CCP. Silver does not have substitutes, so companies that rely on it must buy or die.

Will we be wiping our asses with federal debt notes before the end of 2026? Seems likely.

Yes, even if salary inflates along with prices, you do not get richer but you pay more in taxes. Unfortunately, people feel rich when salaries and home prices inflate. One can feel smug now that the $600k home he bought 10 years ago is now valued at $1million, but in reality he still has the same home but now pays taxes like a million dollar homeowner.