RED ALERT! IS CHINA'S STATE CENTRAL BANK DELIBERATELY CRASHING THE ECONOMY AND FUELLING THE PORK CRISIS AND IN GLOBALIST CONTROL?

PBOC SEEMS TO BE USING FINANCIAL AND ACCOUNTING TRICKERY TO GENERATE HIGHER HEADLINE INFLATION AND INTEREST RATES TO CRASH THE ECONOMY AND MAKE THE PORK CRISIS WORSE

PORK CRISIS IS AN EMERGENCY EVENT WHICH HAS A SEPARATE CAUSE FROM INFLATION CAUSED BY A LOOSE MONETARY POLICY

THE PORK CRISIS IS A DRAMATIC DROP IN SUPPLY DUE TOA REAL WORLD, ONE OFF EMERGENCY CULLING OF HERDS DUE TO DISEASE

CAN ONLY BE DEALT WITH BY RESTORING SUPPLY, RESTOCKING FARMS

BY INCLUDING THE RANDOM EVENT OF PORK INFLATION IN THE CONSUMER PRICE INDEX, THE PBOC HAS GENERATED A MATHEMATICALLY HIGHER AVERAGE AND HIGH HEADLINE INFLATION IN THE CPI TO JUSTIIFY TOO HIGH INTEREST RATES AND NOT GIVING PIG FAMERS LOANS

ACCOUNTANCY AND FINANCIAL TRICKERY POINT TO GLOBALIST INFLUENCE

GLOBALIST NETWORK IN THE PBOC DESTROYING CHINA'S ECONOMY FROM WITHIN AND FUELLING CIVL UNREST BY MAKING THE PORK SHORTAGE WORSE COULD BE WHY TRUMP IS STILL SO CONFIDENT OF A TRADE DEAL IN SPITE OF WEAKNESS OF US ECONOMY



China's state Central Bank on October 23rd made a surprise decision not to ease its interest rates,  a decision which may be fuelling the pork crisis and causing the economy to slow down. And it may be a deliberate move, suggesting the Globalists may have their minions embedded in its ranks.

https://www.cnbc.com/2019/10/23/why-china-isnt-cutting-lending-rates-like-the-rest-of-the-world.html

The People's Bank of China decided not to lower interest rates in October due to inflationary concerns, especially "rising inflation caused by soaring pork prices", according to media.

Now, the recording of any higher average inflation has to be based on a genuine increase in the money supply across the board in relation to production.

By contrast, the surging inflation in pork is a one off event that meets the definition of an accounting or financial item such as "emergency event" or "random or one off costs".

Such an emergency or random event should not be included in compiling China's average food and price inflation statistics to avoid distorting the statistics and making policy decisions which harm the economy and make the pork crisis worse.

Yet, according to media, this mistake has been made.

"She noted that while the jump in pork prices sent the consumer price index to a near six-year-high — quite worrisome for anyone just looking at the headline figure — excluding food and energy prices puts CPI at a moderate 1.5%." 

Soaring inflation in pork and in the real world economy have two separate causes and have to be dealt with in two separate ways.

The surging inflation in pork of about 9% a week is the result of a dramatic drop in supply to markets caused by an extrordinary one off event, a disease and massive culling of stock. This means market demand for pork is not met, people are paying more for less pork, creating inflation.

The inflation in pork can only be dealt with increasing production and that means by restocking farms, giving pig farmers loans, compensation, grants etc to get production back to former levels. Only increased production will lead to lower prices and lower pork inflation.

Soaring pork prices are, therefore, not a sign of an excess money supply caused by the central bank running a too lose monetary police, and they cannot be dealt with by higher interest rates.

But supposing there is a crooked central banker working for the Globalists in China's central bank aiming to wreck the economy and create civil unrest by making the pork crisis worse.

Such a bankster would treat the pork crisis as an "ordinary inflationary event" and include it in the consumer price index as part of the item "food and energy prices". That would result in a higher average inflation in mathematical terms, of 6%, and so could justify keeping interest rates too high, hitting farmers and the real economy where there is almost no inflation. Excluding pork, food and energy inflation is only 1.5%.

The high headline inflation rate would justify high interest rates which would hammer the economy.

The latest statistics show that China's manufacturing industry is suffering and that could be due to the contraction in the money supply and the central bank running a monetary policy which is too tight.

https://www.zerohedge.com/economics/chinese-pmis-unexpectedly-slide-further-contraction-just-shy-post-crisis-lows

Furthermore, supposing a bankster then orders  state banks to reduce bad loans because there is too much inflation. 

Moreover, supposing the bankster ordered bad loans which will never be repaid to be defined as anyone who has not paid interest in the last two or three months, then pig farmers, many of whom have lost half their herd and could not keep up with loans, would then fall into the category of bad loans, which will never be repaid, and not get loans from state banks to restock.

This would make the pork crisis worse and lead to civil unrest.

Meanwhile, the interest rate would be too high for the rest of the economy causing an economic slowdown.

Media reports suggest that inflation statistics which were basis of the central bank's decision included pork inflation in the item "food and energy prices".

It should have been kept as a separate item unedr a category "emergency event" in the compilation of the inflation statistics.

A genuine increase in money supply across the board can lead to inflation if production does not keep pace and it can be controlled by interest rates, specifically, keeping them higher.

But a one off surge in inflation in a critical food item supplying protein to the population is not a sign of genuine inflation and does not warrant keeping interest rates high.

If it turns out the inflation in pork has been included, as it seems to be, in the food items, then China needs to remove the central bankster team responsible and investigate them for secret financial or personal links to any Globalists.

How to explain such a basic mistake? Frankly, it can't be expained by incompetence. Such a basic mistake is deliberate.

We know the Globalists are targetting China's central bank and we know from the Epstein scandal that they use bribery and blackmail to create secret networks, also at central banks. Lawrence Summers was in Epstein's black book.

Might they not be using the same techniques in China?

Might that be why Trump and co seem to be so confident that they can still get a substantial trade deal?

After all, China's state central bank inexplicably did not start stimulus until January 2019, one year into the trade war.

My thinking is that China should be lowering its interest rates slightly to supply stimulus to its domestic economy unless there is genuine inflation across the board, excluding the one off item of pork.

At any rate, my thinking is a team has to be formed to analyse the central bank operations and report any such irregularity.

The team has to look at all issues also the bonds.

https://www.zerohedge.com/markets/chinas-bond-market-faces-turmoil-amid-maturity-deluge