Even if they don't go to a full fledged CBDC, if there are only a few banks left standing, it will be extremely easy to track everything we do which is their ultimate goal. 4000 banks makes it much harder to track what we are doing especially when using cash. Just a few remaining banks means the end of any privacy and freedom as we know it.
Crazy how fast it's all happening, but not surprising because the era of free money funded a lot of ventures that should have remained on the cutting room floor. But government won't let those places go broke and will instead make the entire situation worse.
Not really! its been implemented over many centuries and now the last 40 years esp., with technology involved really ramping it up. "They" have been itching to put these nefarious plans into place, and its high time that people really "wake" up and take action.
Good one. I favor tangible assets, real property, gold silver etc over digital money or Bitcoin which have a problem if the grid goes down. That said most governments have total control over their citizens and their property. If need be, they will pass laws and send in the police and military to "take care of" their people. Then your last refuge is, with or without the second amendment, to be well-armed, and ready to stand up for your basic human rights against the state, because your rights, freedom or property are really the last thing of interest to defend by the state.
I would add- your community. Get local, work together to keep each other fed, protected and maintaining basic functions. You can try going it alone, but you'll thrive better in local communities. One person cannot stay across everything required, that's part of why we evolved to tribes etc.
Ive not come across it as yet, but has anyone asked WHY the elderly? Everyone seems to just go with the Yuval Hari/WEF explanation of taking out the "useless eaters". I think its more about getting rid of the practical wisdom.
I mean if one is hoping to transition to a NWO, then it makes sense to take out those that remember or learned the practical skills of self-sufficiency, making things and doing without access to unending resources. They don't want the elder's wisdom being handed down, not only to stop people from being independent of the systems, but also so they dont remember any different times. Likewise with our artists and musicians- why the focus on the entertainment industries? I know the common answer is social media influence, I used to work in Web, but what if it is also so we as a collective humanity, dont remember the practices that make us human? We understand love, liberty and sadness, not just because we live those things, but because we write and share stories about them through our artists, poets and actors. We sing about and experience what it is to be human, through, with and in our music. This is why live music can be powerful and dangerous to those wishing to control.
Be the wise elder, pass on what you know to as many as you can before you cant. 🤗🤗🙏
Young people are far easier to "con", at that stage of life where they think they know everything. Normal behaviour as confidence is a natural in a young person who has NOT experienced life, and who thinks that its straightforward to change things into "better ways".
Also how much $$$........ and the mass use of tech subliminal and otherwise......
I appreciate your supportive comment. I was being somewhat flippant but truthfully older people are not necessarily wiser. Often they're just more opinionated and difficult. Take me for instance. 🤗
I think there is a fundamental misunderstanding here in how critical the right decision is made.
Number one: if all deposits are not covered, the Great Depression would be considered a mild recession. Seventy percent of the economy is small business. They depend on banks for parking large sums of cash for payroll and other bills. They put cash in banks to securely hold the money and make the payments. They are NOT placing cash in a hedge fund where risk is part of the equation. These businesses did nothing wrong, using banks to run their business and pay employees; they expect the cash always to be available.
Suppose a decision to pay some deposits and not others would destroy the economy to a level never seen in any country. Millions of workers would be out of cash, and payments to debtors would stop; it would be a large-scale collapse. Most workers live paycheck to paycheck.
Now Bitcoin. Governments do not care if we live or die. Will they be willing to lose their hegemony on money? No way. They will require a swap from Bitcoin to a government coin, just as they will confiscate cash in exchange for their digital money. By the way, the IMF has already announced the creation of a digital currency to act as universal money. You will lose your digital coins; they can't be hidden or hoarded like real cash. They depend on electricity, and they are incredibly fragile. Forget Bitcoin as a store of money; it's the worst.
The only instruments that will survive the coming insanity and sovereign defaults will be hard assets. They will also try confiscating those, so choosing wisely is critical. Gold coins instead of bars. Why? Because people still recognize coins. Real estate, land, stock certificates, corporate debt, metals, food, specific artworks, and many things we haven't yet thought through; think barter systems. Things of value that can be swapped.
I agree, if we want to get real dystopia, I wouldn’t put it past them coming up with some sort “housing equity redistribution scheme” under the aegis of “corrections for past injustices”. It’s been done before, more than once. See Germany, Soviet Union, China, Zimbabwe, etc etc. Scary times.
Yeah loads of schemes infantilising women or some other “oppressed” members of society. They’ve started building “women only” accommodation in London and the Mayor, Sadiq Khan, has pledged free housing to illegal immigrants despite the numbers of ex British war veterans who happen to be male who sleep under bridges or wherever they can get some shelter. All very divisive which, is suppose must be the plan.
Intentional incompetence - the hybrid between idiocy and evil genius. Banking is a broken industry, and the Feds broke it. Just like the airlines, they can’t run without bailouts. Healthcare is the same, except the subsidy is continuous, so it’s not called a bailout. The public schools and universities, same deal. The only thing they don’t regulate and tinker with to death is their own criminality. Everything these guys touch turns to dreck.
We are energy dominant thanks to Putin’s asinine invasion of Ukraine. And the Military Industrial Complex creates solid union jobs in states like Wisconsin that don’t contribute to inflation.
3 of the 4 biggest bank failures in US history in 2 months. First Republic went down with assets over $250 b.
Not only did JPMC grab the assets on the cheap, the FDIC gave it a $50b loan with an interest rate that has been kept secret from the public.
With First Republic in its bag, JPMC now controls 16% of all US deposits. Never mind the fact that there are laws prohibiting banks accumulating more than 10% of US deposits.
Here’s what Jamie ‘asswipe’ Dimon had to say:
“We need large, successful banks in the largest and most prosperous economy in the world. We have capability to help our clients who happen to be cities, schools, states, hospitals, governments. We bank countries, we bank the IMF, we bank the World Bank. You need large, successful banks, and anyone who thinks it would be good for the United States of America not to have that should call me directly.”
Do you hear that in the background? It’s the CBDC…
The top 15 banks now control 65% of all US deposits.
This is an excellent piece. I could tell you some stories from the small and medium sized companies in the manufacturing sector. In short, it seems like the gap between what the small guys can get raw materials for and what the huge guys can get them for is widening. Certainly there has always been a gap. With the resultant smaller profit margins, we have to rely on loans for maintenance growth and modernization. Those loans are getting impossible to find. Meanwhile, the big players literally just get money handed to the by the government ( usually through the big banks). The public/ private partnership is a nice sounding euphemism for a restructuring that “strangely” resembles exactly what the WEF has prescribed for the future “health “ of the planet and society. Unfortunately, what the WEF prescribes is a recipe for the new feudalism.
Even if they don't go to a full fledged CBDC, if there are only a few banks left standing, it will be extremely easy to track everything we do which is their ultimate goal. 4000 banks makes it much harder to track what we are doing especially when using cash. Just a few remaining banks means the end of any privacy and freedom as we know it.
Yep. it's a de facto CBDC system
And moving along “nicely” according to the plan...
Crazy how fast it's all happening, but not surprising because the era of free money funded a lot of ventures that should have remained on the cutting room floor. But government won't let those places go broke and will instead make the entire situation worse.
Not really! its been implemented over many centuries and now the last 40 years esp., with technology involved really ramping it up. "They" have been itching to put these nefarious plans into place, and its high time that people really "wake" up and take action.
💩
Good one. I favor tangible assets, real property, gold silver etc over digital money or Bitcoin which have a problem if the grid goes down. That said most governments have total control over their citizens and their property. If need be, they will pass laws and send in the police and military to "take care of" their people. Then your last refuge is, with or without the second amendment, to be well-armed, and ready to stand up for your basic human rights against the state, because your rights, freedom or property are really the last thing of interest to defend by the state.
I would add- your community. Get local, work together to keep each other fed, protected and maintaining basic functions. You can try going it alone, but you'll thrive better in local communities. One person cannot stay across everything required, that's part of why we evolved to tribes etc.
Exactly right. At least figure out who's on your side and who isn't. Senior mobile home court lot of dead weight ha-ha like me.
Lol, dead weight? Nope, more like Brains Trust.
Ive not come across it as yet, but has anyone asked WHY the elderly? Everyone seems to just go with the Yuval Hari/WEF explanation of taking out the "useless eaters". I think its more about getting rid of the practical wisdom.
I mean if one is hoping to transition to a NWO, then it makes sense to take out those that remember or learned the practical skills of self-sufficiency, making things and doing without access to unending resources. They don't want the elder's wisdom being handed down, not only to stop people from being independent of the systems, but also so they dont remember any different times. Likewise with our artists and musicians- why the focus on the entertainment industries? I know the common answer is social media influence, I used to work in Web, but what if it is also so we as a collective humanity, dont remember the practices that make us human? We understand love, liberty and sadness, not just because we live those things, but because we write and share stories about them through our artists, poets and actors. We sing about and experience what it is to be human, through, with and in our music. This is why live music can be powerful and dangerous to those wishing to control.
Be the wise elder, pass on what you know to as many as you can before you cant. 🤗🤗🙏
Young people are far easier to "con", at that stage of life where they think they know everything. Normal behaviour as confidence is a natural in a young person who has NOT experienced life, and who thinks that its straightforward to change things into "better ways".
Also how much $$$........ and the mass use of tech subliminal and otherwise......
I appreciate your supportive comment. I was being somewhat flippant but truthfully older people are not necessarily wiser. Often they're just more opinionated and difficult. Take me for instance. 🤗
I’m with YOU!
seems like there is nothing we can do to stop CBDC
That's a defeatist attitude!!
Biden just proposed a 30% tax on crypto....you know, mining and environmental concerns
#Bitcoin or bust. Decentralization is the way.
Why wouldn’t you just create your own crypto currency?? Can’t anyone create a crypto currency??
If you have the equipment and the power for it.
I think there is a fundamental misunderstanding here in how critical the right decision is made.
Number one: if all deposits are not covered, the Great Depression would be considered a mild recession. Seventy percent of the economy is small business. They depend on banks for parking large sums of cash for payroll and other bills. They put cash in banks to securely hold the money and make the payments. They are NOT placing cash in a hedge fund where risk is part of the equation. These businesses did nothing wrong, using banks to run their business and pay employees; they expect the cash always to be available.
Suppose a decision to pay some deposits and not others would destroy the economy to a level never seen in any country. Millions of workers would be out of cash, and payments to debtors would stop; it would be a large-scale collapse. Most workers live paycheck to paycheck.
Now Bitcoin. Governments do not care if we live or die. Will they be willing to lose their hegemony on money? No way. They will require a swap from Bitcoin to a government coin, just as they will confiscate cash in exchange for their digital money. By the way, the IMF has already announced the creation of a digital currency to act as universal money. You will lose your digital coins; they can't be hidden or hoarded like real cash. They depend on electricity, and they are incredibly fragile. Forget Bitcoin as a store of money; it's the worst.
The only instruments that will survive the coming insanity and sovereign defaults will be hard assets. They will also try confiscating those, so choosing wisely is critical. Gold coins instead of bars. Why? Because people still recognize coins. Real estate, land, stock certificates, corporate debt, metals, food, specific artworks, and many things we haven't yet thought through; think barter systems. Things of value that can be swapped.
👍👍👍👏👏👏🎩🎩 Absolutely. Localism is the only way to maintain autonomy.
I agree, if we want to get real dystopia, I wouldn’t put it past them coming up with some sort “housing equity redistribution scheme” under the aegis of “corrections for past injustices”. It’s been done before, more than once. See Germany, Soviet Union, China, Zimbabwe, etc etc. Scary times.
Australia’s New South Wales Launches Shared Equity Housing Scheme
theepochtimes.com
› world › australia
19 June 2022 - Frontline workers and singles over 50 will receive "a leg up" into the New South Wales property market,
SCOTLAND too. A very quick look at the internet showed the above info. I did not look further.
Yeah loads of schemes infantilising women or some other “oppressed” members of society. They’ve started building “women only” accommodation in London and the Mayor, Sadiq Khan, has pledged free housing to illegal immigrants despite the numbers of ex British war veterans who happen to be male who sleep under bridges or wherever they can get some shelter. All very divisive which, is suppose must be the plan.
You might consider flipping your title 180 degrees.
It's the era of the nation-state being taken over by the financial sector.
The government is now and has always been the managing committee of the ruling class.
Intentional incompetence - the hybrid between idiocy and evil genius. Banking is a broken industry, and the Feds broke it. Just like the airlines, they can’t run without bailouts. Healthcare is the same, except the subsidy is continuous, so it’s not called a bailout. The public schools and universities, same deal. The only thing they don’t regulate and tinker with to death is their own criminality. Everything these guys touch turns to dreck.
How easy is it to take down a bank? Lessee...
(1) they were legally able to leverage themselves out and "print money" off of deposits that came out and lend that money out to other banks.
(2) start a rumor about a bank going under.
(3) resulting in a run on the deposits, and inability to call in the loans that they're leveraged on.
(4) Big bank scooping up their assets to secure their own portfolio and avoiding a bank run on themselves.
(5) Herd the masses into moving their money into your (to big to fail) bank.
(6) Profit!
(7) Partner with the government to mandate CBDC's through your institution for all customers. (see "Herd the masses" above.)
Ask who are the ground roots owners of the big banks and been involved in historical "happenings" long before now.
In 2017 there was a citywide run on gas stations in San Antonio because of social media posts. People probably died because of it.
Moloch will be fed. 👹
The war on Ukraine and the American Empire cannot be questioned.
At the same time, the working class must be brought to heel.
Something will have to give, and that's the stratum of banks that don't have enough pull.
We are energy dominant thanks to Putin’s asinine invasion of Ukraine. And the Military Industrial Complex creates solid union jobs in states like Wisconsin that don’t contribute to inflation.
3 of the 4 biggest bank failures in US history in 2 months. First Republic went down with assets over $250 b.
Not only did JPMC grab the assets on the cheap, the FDIC gave it a $50b loan with an interest rate that has been kept secret from the public.
With First Republic in its bag, JPMC now controls 16% of all US deposits. Never mind the fact that there are laws prohibiting banks accumulating more than 10% of US deposits.
Here’s what Jamie ‘asswipe’ Dimon had to say:
“We need large, successful banks in the largest and most prosperous economy in the world. We have capability to help our clients who happen to be cities, schools, states, hospitals, governments. We bank countries, we bank the IMF, we bank the World Bank. You need large, successful banks, and anyone who thinks it would be good for the United States of America not to have that should call me directly.”
Do you hear that in the background? It’s the CBDC…
The top 15 banks now control 65% of all US deposits.
It’s coming.
At least we can rest easy knowing that literally the dumbest people on the planet are supervising.
Buy a large walk in safe, a big gun and pounds of junk silver.
This is an excellent piece. I could tell you some stories from the small and medium sized companies in the manufacturing sector. In short, it seems like the gap between what the small guys can get raw materials for and what the huge guys can get them for is widening. Certainly there has always been a gap. With the resultant smaller profit margins, we have to rely on loans for maintenance growth and modernization. Those loans are getting impossible to find. Meanwhile, the big players literally just get money handed to the by the government ( usually through the big banks). The public/ private partnership is a nice sounding euphemism for a restructuring that “strangely” resembles exactly what the WEF has prescribed for the future “health “ of the planet and society. Unfortunately, what the WEF prescribes is a recipe for the new feudalism.
How convenient for CBDC proponents that these bank consolidations are moving at the speed of $cience!