Loading ...All Part of The Plan
Something that various writers have published articles about is TPTB’s plan to go to a digital currency. There is obviously a need for a reset when the fiat frenzy comes crashing to an end. I don’t know if they just plan to go digital where it will be easy to “move the decimal point” over as much and as often as necessary as hyper-inflation rages. My hope (maybe just a dream) is that when they do the reset they use gold or silver as backing for the new currency. The latest “tell” that going digital is coming and probably sooner than we thought is the now “manufactured” coin shortage that has supposedly occured because of COVID. There is no real coin shortage and if there is it is because the federal reserve and the banks are orchestrating it! My local convenience store now has signs up urging customers to use debit and credit cards because of the “coin shortage”. One more manufactured piece of BS to forward their agenda. Just one more reason why anyone leaving money in banks is insane. When they go digital they can steal as much as they want whenever they want. Call it taxes or if they go to negative rates or a reset it is all the same. Physical is the only way to preserve your wealth.
Cash will banned. Only money allowed will be their digital money.
Physical gold and silver held by private citizens will be banned.
Solution: Go digital, but outside the banking system, on blockchain.
Holding physical metal inside the USA or Europe, it will be outlawed.
Mark my words … this is the agenda.
They may “try” to ban physical but most won’t comply. This would be the single most important reason for the civil war that many believe will come about. Although taxation and confiscation would still be likely, at least using CEF to provide the benefit of physical wealth protection from inflation would apply. I don’t believe blockchain, as good a technology as it is, is going to escape scrutiny when you use it for transactions other than criminal and or sketchy purposes. Let’s say you want to pay for a house or something else of significant value. The govt. is going to tax you and even more than the actual value if you can’t or won’t provide documentation.
A couple of things, more or less in the do as I say, not as I do category.
For financial investments, some diversification may be useful. We cannot be certain which tricks will be used. There may be a certain safety in owning useful businesses. I mean, truly useful ones, such as ones that purify water or produce healthful food or facilitate household cleanup. True, they may get taxed or harassed out of business, or squashed by monopolies. Nothing is safe.
One of the best things for safety (financial and otherwise) would be having good relations with other people, absolutely including those with vastly different backgrounds or tendencies, especially those living nearby. Many of us do not know neighbors any more. Instead, any number of issues, some trivial, some less so, are raised to inflame and poison, or just plain stupify. There would be safety in many micro-populations — urban, suburban, and rural — who knew each other and were cynical about divide-and-rule. Investments in dialog and sociability would be good. If tyrants tried pulling stuff they would meet resistance of different sorts in different places if people had local civic organizations for civil socializing and discussing things, getting to know each other. Masks off at least metaphorically.
Not that I am a good personal example in either. I sit with my computer and gold stock charts all the time.