Jumping To A False Conclusion
I have read the posts and comment threads of a few discussions about the battle between the WEF vs the FED and US banks and most seem to be jumping to a false conclusion. While the battle between the two groups appears to be quite real and the ramifications are huge, why does anyone believe that introduction of a CBDC by the FED would eliminate the banks? Yes, if the FED wanted to try and eliminate the banks they might be able to, but they could do that today if they wanted to. It doesn’t matter if we have the current paper currency or switch to a digital FED currency. The FED issues the current currency.(even though it is technically the treasury, which it still would be if they went digital, the FED is their agent) My point is the FED doesn’t deal directly with individuals, you don’t have an account with the FED, only commercial banks do. If they go to a digital currency instead of paper you still won’t have an account with the FED. You will still have an account with your same bank and those banks will still deal with the FED. So this false narrative that a CBDC would eliminate the banks and they won’t go along is wrong. They own the FED, if the FED and the politicians decide to go with a CBDC it is because the banks are on board or it won’t happen. If and when it does happen nothing changes, except they will have total control over everything. Just like any of the other laws, rules changes etc. they will clamp down slowly and incrementally. Eventually, they can restrict what you are allowed to buy, they can force you to pay your taxes or anything else you owe and you will have no alternative. If you have any income from a job, an investment, SSI or anything else it will go into your bank account(s) and they will be able to control what happens to it. Of course, as I have pointed out before, if you have physical gold and silver in your possession you will be able to circumvent that, up to a point, in the vast blackmarkets that will develop. The battle might be real but it is being framed incorrectly. The banks are in alignment with the FED and aren’t going to be eliminated. You will still deal with them and they will still deal directly with the FED.
Thanks CM…I see your point
In this scenario of course PMs will be confiscated with Cash of course so there is NO way out except perhaps barter and Local Currencies …protected by local Militias …like that article from Jon Rappaport and like Catherine Austin Fits deduces
They will have their CBDC one way or another. The question is will they force us into it or will they coerce people with UBI etc and still it will be a choice to opt in or not .
shall see…it’s all in the fog right now
You are probably correct that they might declare it illegal to own gold and silver(or at least gold) but anyone who has some before they make it illegal should not turn it in. That might be why so many new IRS agents “willing to use deadly force”. Got gold, got guns and lots of ammo.
It is the Fed they want to destroy.
The Davos crowd (Europe old money) want the Fed gone.
The big US banks own the Fed, so they get taken out too.