Jerome Powell kept rates unchanged as our computer was projecting. However, he did weigh in on the state of the US economy, pointing out that Donald Trump’s policies were one reason why inflation is turning back up. He also reduced the Fed’s 2025 growth projection, noting that uncertainty around the slowing economy is increasing. The Fed is well aware of the Economic Confidence Model. Both Canada and the Fed started to lower rates when the ECM had turned down last May.

Powell said, “Inflation has started to move up,” adding that “there may be a delay in further progress over the course of this year.” The confusion people have is that, as I have pointed out before, government employees are counted TWICE in GDP. First as total government spending and second as total personal income. So, firing government employees will have a larger more exaggerated impact on GDP going forward.

Investors have reacted negatively to Trump’s global trade war and the mounting retaliation from abroad. What they fail to grasp is that the main reason companies left the USA was over worldwide taxation. American companies were always at a disadvantage when compared to Europeans competing in the world market. The S&P 500 fell nearly 10% from mid-February because of the failure to understand the real trade impact of the high tariffs. Trump, meanwhile, has perhaps promoted recession fears, with the Republicans saying the economy faces a “period of transition” and that his tariffs will eventually mean more US jobs.

Socialist academic economists do not look beyond our shores and say that Trump’s tariffs will be a significant loss. They compare this to the Smoot-Hawley tariffs of the 1930s, blaming them for the Great Depression because they are incapable of thinking about two variables simultaneously. The tariffs were primarily on agriculture because the Dust Bowl reduced crops, and Europe offered them cheaper. The economy was 41% employed in agriculture, and that is why unemployment soared to 25%, creating the ho-bo movement. No legislation could have made it rain. Crop shortage in the USA led to rising prices, and Europe did not have that problem and was selling crops at reduced prices. The farmers demanded the tariffs.

Powell admitted that recession odds had moved up but weren’t high. He disagreed with the University of Michigan survey, which showed a sharp increase in long-term inflation expectations. We agree. Socrates is showing that volatility in inflation was to begin here in 2025 and rise stronger in 2026, but it will be the 2027-2028 period when it becomes critical that it is correlated with our war models.

Newsmax’s Rob Finnerty has introduced a bombshell revelation hidden within the newly released JFK files—one that raises serious questions about a likely CIA cover-up. Bernie Sanders – this is why we need non-government DEEP STATE people to investigate. Thank God for Oligarchs!

COMMENT: Marty, I spoke to a friend at the __________ bank in NY, and he said on gold, listen to Armstrong. I found that interesting since he was well up there in the Bank’s food chain. He also said this is geopolitical, not inflation.

Kevin

ANSWER: Well, as I have said, gold’s not stopping when it is geopolitical. We gave our price and timing targets. Forget the BS about inflation. Gold is rising for the safe-haven demand as geopolitical tensions increase. Banks that do follow us know that we are bullish on bullion’s safe-haven status as anxiety escalates about the global economy. The fact that the Federal Reserve is poised to keep borrowing costs steady realizes that Keynesian Economics is dead. The rise in interest rates no longer stops inflation because government expenditures rise, and politicians will NEVER reduce spending because the Fed raises rates.

Deputy Economy Minister Taras Kachka threatened European Union leaders that there will be consequences to pay if they fail to extend Ukraine’s duty-free access to the European market. The European agriculture sector in particular has been punished by this trade deal as they cannot compete with Ukraine’s lower priced goods. Kachka warned that the nations already feeling the economic burden of this unfair trade deal will face the “least pleasant” consequences.

“The lack of progress on revising the trade agreement will force us to take steps to equalize the trade balance. And unfortunately, those decisions will be the least pleasant for the countries that are now politically slowing down the negotiations on free trade,” Kachka said.

Perhaps Slovakia’s Fico was correct in stating that Zelensky lurks around Europe, blackmailing nations and begging for funding. US Vice President JD Vance asked Zelensky if he ever said, “Thank you,” as his nation repeatedly begs for MORE without expressing the slightest gratitude. Brussels prioritizes Ukraine over its own member nations and heeds to its every demand. Clearly, Ukraine has no consideration for their allied nations who have provided them with endless funding and frankly prevented Russia from a swift victory.

“We work only on a positive agenda with the EU. And I hope we will integrate Ukraine into the EU internal market ASAP,” Kachka said. Was it positive when Ukraine failed to renew the energy deal that Slovakia and Hungary desperately needed? Ukraine refuses to permit Russian oil to pass through to provide these nations with the essential energy they need to function.

This unbalanced trade deal has hurt Europe’s agricultural sector. Poland, Slovakia, Hungary, Romania, Bulgaria, Czech Republic, and Germany have ALL experienced massive farmer protests as cheap Ukrainian imports have severely undercut them. Poland, Hungary, and Slovakia have opposed lifting trade restrictions, and for that reason, Ukrainian officials have said that they would experience the most significant consequences.

Ukraine forgets that it needs Europe far more than Europe needs Ukraine. The EU is Ukraine’s largest trade partner, accounting for around 60% of total exports. Kiev purchased $35.7 billion in goods from the EU last year, resulting in a $10 billion trade surplus. Kachka believes the EU has far more to lose than Ukraine due to this surplus. Who else would purchase Ukrainian goods if the EU backed away? Let us not forget the West is supporting Ukraine’s entire public sector right now.

It is questionable why Brussels permits this abusive relationship to continue. Brussels does not care about democracy. It actively punishes member states that refuse to comply with its mandates—whether it be Hungary, Poland, or any other country that dares to put its own citizens first. Ukraine, despite being one of the most corrupt nations in Europe, is treated as a priority because it serves as a tool to justify greater authoritarian control. Ukraine wants to enjoy NATO benefits without becoming a paying member the same way it wishes to enjoy trade within the EU. No one would permit the nation into either alliance before the war began due to rampant corruption, but now everyone must bend the knee to Ukraine as it holds the neocon’s magic passageway into resource-rich Russia.

The Democrats have long relied on class warfare to mislead the people. They want the masses to believe that their neighbors are their enemies rather the government who is pulling the strings. Bernie Sanders, 83, launched his “stop oligarchy tour” with an introduction from a transexual singer who deliberately mocked God, Jesus, Holy Easter, and Christians in general. Teaming up with Alexandria Ocasio-Cortez, they want to stir anger against Trump for having wealthy members in his administration.

John Fetterman once backed Bernie Sanders and the progressive movement, but has since changed his tune. Fetterman acknowledged that his party is completely out of touch with the average person. The average person is not well-versed on the term “oligarch,” Fetterman insist, and “oligarchs” are not the problem.

A reporter recently asked Fetterman if he was worried that Trump was surrounded by the wealthiest administration in US history. “I don’t think it’s so much about their wealth. It’s just because they might have some kind of the views or some things that I don’t agree, and they would push a lot of decisions and changes in our government that I wouldn’t support or would like to see happen in there too,” Fetterman responded. “So it doesn’t really follow their wealth for me. It just follows some of these kinds of core beliefs and the things that they’re willing to push and to do.”

Let us not forget that the Democratic Party adores the billionaires who support their causes like Alex and George Soros, Bloomberg, Mark Cuban, Reed Hastings, Sheryl Sandberg, Dustin Moskovitz, Ron Conway, Vinod Khosla, Ron Conway, Jamie Dimon, Bill Gates, Sam Altman, Laurene Powell Jobs, David Ellison—the list goes on. “There’s also another — a little secret too. Democrats, you know, we like billionaires if they’re giving to our causes or to our party as well too,” Fetterman admitted.

Yes—Fetterman actually admitted that his party and Bernie’s entire platform is completely hypocritical. He noted that many of the billionaires who were once in tech were “more friendly to the Democratic interests.” Have we forgotten that Mark Zuckerberg used social media to completely manipulate the 2020 US Presidential Election, cover the Hunter Biden laptop story, deplatform conservative voices, and control the COVID-19 narrative? Alex Soros has shaken hands with nearly every member of the DNC. I won’t even begin to speak on Bill Gates.

In fact, far more billionaires support the Democratic Party than the Republican Party because the premise of far-left politics leads to equality for all—including everyone becoming equal in poverty while the wealthy hide behind fake virtue signaling charities to save face. Perhaps one of the most memorable debate moments in recent presidential history was when Donald Trump called out Hillary Clinton for permitting her billionaire supporters to use tax loopholes while demonizing the rich. The Democrats did not sign one piece of legislation to close these loopholes for the dreaded rich.

Sanders has not used his $15 million net worth to help the people. He has not offered to house migrants at any of his three properties. Remember that socialism requires YOUR money to temporarily function.

The Democratic Party has hit an all-time low in favorability at 29%. They are losing favor among working-class voters, especially in key swing states, due to economic mismanagement, inflation, and government overreach. A recent NBC poll showed that closing the border was Trump’s most popular policy to date. Biden used the migrant crisis and woke policies like DEI to force Americans to identify as anything other than Americans—divided we fall.

QUESTION: Did your sources tell you that Putin would reject the complete cease-fire? You seem always to be spot on.

FK

ANSWER: In all honesty, you shouldn’t even need sources for that. The Europeans have been undermining Trump at every turn. Putin would be a fool to accept a complete caesar-fire because Zelensky is an untrustworthy guy taking orders from NATO and the Neocons against Trump. They told him to agree to a cease-fire to buy again time to regroup and buy time for Europe to build up its military. Putin would be a fool not to see through this fake peace deal, for Europe wants war no matter what. The Neocons are now in charge of Europe as they were during the Biden Administration. This is just Merkel 2.0. Putin is NOT going to be fooled a second time.

Trump’s agreement comes a week after Kyiv agreed to a U.S.-backed 30-day cease-fire covering all aspects of the ongoing conflict between Russia and Ukraine. That was just a setup to allow Europe to prepare for war and that they could then create a false flag to paint Putin as the aggressor again. Putin had indicated some willingness to enter into the more expansive temporary cease-fire but said he had other concerns the proposal didn’t address. That is Europe and the warmongering.

“The leaders agreed that the movement to peace will begin with an energy and infrastructure ceasefire, as well as technical negotiations on the implementation of a maritime ceasefire in the Black Sea, full ceasefire and permanent peace,” as reported by the White House said in a readout of the nearly two-hour call.

Look, the computer projected a Trump landslide. I always distinguish my personal opinion from the computer because I am human and fallible. I gave the computer forecast and then my personal opinion that I thought they would try to assassinate him. That was based on knowing these people. I have been to dinner with them and have looked into their eyes. You do not see a warm flicker of anything—just cold hatred.

The computer did NOT change its forecast for war, although Trump won the election, and I have stated that I advocated RFK to join Trump because I knew the two were against the war. I hoped this combination would at least keep the US out of the war and let Europe self-destruct a third time. These European leaders are pathetic. They are mindless drones of the Neocons willing to march their people into utter destruction, all for another endless war against Russia by these Neocons who have NEVER won a single conflict yet. The first duty of a head of state is to AVOID war – not promote it. Whenever a politician puts a label on some legislation like the Patriot Act, it always covers up the exact opposite. Here at the London Summit, they called it “Securing Our Future,” which should have read “Wiping Out Our Future.”

I have an old Russian friend we met in Tokyo in the mid-90s. She was a translator from Russian to Japanese who worked at the firm that used to do the translation for my Tokyo Conferences. She returned to Russia and lives in Moscow. She asked me, “Why do people hate us so much?” This is a common question I hear from non-political Russians. China knows the Neocon playbook. Rule #1: you instruct these stupid leaders never to talk to the opposition because they are evil. That ensures there will be no peace. All we heard was that Zelensky and the EU were not invited by Trump to sit at the negotiation table. Why should Putin trust either after Merkel publicly admitted the EU negotiated the peace with the Minsh agreement and never intended to honor it? They were buying time for Ukraine to build an army to wage war against Russia.

This is the same strategy, and if I were Putin, I would never trust anything these European leaders say. It will take a European uprising to overthrow all of these governments and NATO before you will ever save the future of Europe. That said, Trump is wasting his breath. This is NATO with intentions to invade and destroy Russia for its $75 trillion in natural resources. Because this is in-your-face and not some top-secret plot, China clearly understands they will be next on the list. China will join with Russia to destroy Europe. There is no question about this.

The press is all on the side of the Neocons. Any article that starts claiming Russia invaded Ukraine “unprovoked” is Neocon Propaganda. The day before, Zelensky said he would redeploy nuclear weapons pointed at Russia. That was to invoke the Cuban Missile Crisis of 1962 that compelled Kennedy to respond.

At the Munich Security Conference days before, Harris said Ukraine should join NATO. She was an idiot and just read the cue cards fed to her by the Neocons. The Neocons had her say those stupid words because they knew Putin was then on the border to ensure he would invade.

The Washington Post actually did some investigation and found that the US and Zelensky knew when Russia would enter Ukraine. They reported: “We assess that they plan to conduct a significant strategic attack on Ukraine from multiple directions simultaneously,” Gen. Mark A. Milley, chairman of the Joint Chiefs, told Biden. “Their version of ‘shock and awe.’ ” Biden was informed at an Oval Office meeting. The Post wrote: “In the Oval Office in October 2021, President Biden’s top advisers presented him with Russian President Vladimir Putin’s war plans for a full-scale invasion of Ukraine. “

When the Washington Post discovered Zelensky knew when Putin would cross the border, they asked why he did not warn his people. This scum-bag told the Washington Post if he told the people, he would have lost $7 billion. He has declared Martial Law, so he no longer stands for election, and he has suspended debt payments, defaulting on Ukrainian debt that will never be repaid. He has been a traitor to his own people and his own country and thinks that Black Rock will raise trillions to invest in Ukraine as the great European Investment of the century. Our computer warns that Ukraine will no longer exist. I pray he does not make it out of Ukraine with his handful of silver to betray his own people and come to Miami.

Zelensky has done the bidding of the Neocons and called for a European Army to really invade Russia. He is hurling Europe to its destruction, and our computer warns that not even the historical monuments will survive this time. Hitler may have engaged in ethnic cleansing, but he stole all the art and didn’t bomb Paris because he thought it was pretty, and the historical monuments were spared – like the Coliseum. This will be a different war. To our European readers, the question is simple. Are you willing to throw your future away for Zelensky and his Neocons buddies?

Ursula, the unelected dictator of Europe, has refused to hand over her emails with Pfizer. One must wonder how much money it takes to satisfy a psychopath. The European people, like Canada, have no right to vote for the head of their “country.” They are appointed in a backroom by other politicians. Europeans have been stripped of the right to even change the government in Brussels. This is the complaint I am hearing rising all the time from our European readers. This is what 2032 is all about. It will be the end of parliamentary systems once and for all. The voice of the people will be heard post-2032.

Civil unrest erupted in Serbia over the weekend leading to the largest protest in Belgrade’s history. Tensions have been building since November after a deadly disaster in Novi Sad that most believe could have been prevented. Between 100,000 and 400,000 Serbians took to the streets to demand that the government be held accountable for the tragedy.

Now all of this was completely arranged by Serbian students as the youth is demanding change. The 15 for 15 Protest that took place on March 15 was also named to honor the 15 civilians who died in Novi Sad after an outdoor roof covering a train station suddenly collapsed on them. Protestors asked for 15 minutes of silence to honor the victims before chanting that President Aleksandar Vucic was “FINISHED!”

The train station in question was recently renovated under suspicious circumstances. Chinese companies and the Progressive Party (SNS) have ties to the renovation. Yet, Serbian authorities initially claimed that the outdoor roof had not been part of the reconstruction but later admitted that they lied. No one has been held accountable and protestors strongly believe that there has been a massive government cover up.

Sound familiar? Greece recently witnessed the largest protest in the nation’s history after the government also attempted to cover up a fatal, potentially preventable, tragedy. Prime Minister Kyriakos Mitsotakis heeded to the calls of the people and agreed to investigate the matter. President Vucic, on the other hand, has shown no remorse. “I won’t allow the street to set the rules,” he said on Friday after stating all protestors would be arrested. “We have a state and we will show you the state,” he said. Vucic underestimated the passionate rage of his people whose protest chants soon demanded his resignation.

The media is not reporting how the government initially responded to protestors during the peaceful 15 minutes of silence. Long-range acoustic devices (LRAD) or sound canons were used to disorient protestors through powerful soundwaves. Protestors in the line of the soundwave reported feeling strange, as if their brains had stopped working, causing them to run from the sound involuntarily.

Socrates warned that 2025 would mark a major turning point on the Economic Confidence Model, signaling increasing political and social unrest. Government trust is collapsing, authoritarianism is rising, and the people are beginning to understand that they hold the power IF they come together as a collective.