Back when I was in the Army, one of the practices we followed was to hold an after-action review following an exercise. We discussed what went wrong and what went right so we could learn from the experience. I’ve decided to apply this process to the NWO Schedule of Implementation, so after-action reviews have been added to the dates that have already passed. This is Mod 1.9.
The next scheduled stop on the NWO Express is the July 28-29 FOMC meeting. While September is still the favored time for the first increase, July cannot be overlooked (see Update 61). Should they shock everyone with a rate hike this month, these are the arguments they’ll use:
1) The successful resolution of the Greek debt crisis has lowered concerns over external market turbulence. [The Greek situation is far from resolved, but this is what they would say.]
2) A sooner rather than later normalization of rates is necessary to avoid the formation of asset bubbles and to provide policy ammunition to combat any potential economic downturns in the coming years. [With this, they would be using the recent BIS report as justification. Needless to say, the bubbles are already blown and they don’t care about restocking their policy ammunition. But this is what they would say.]