23 Comments
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Melvin Hoffman's avatar

The Federal Reserve Act mandates that a stable currency be maintained. It has consistently been construed to require a dollar with a consistent purchasing value for a basket of common commodities. Unfortunately the Fed has instead in recent years publically announced a policy target of 2 percent inflation. The U.S. government and its Fed and the corrolary international “banks” and so called settlement schemes are defended by our murderous military. Will inflation continue? What are you missing? They now openly announce it and then use that as cover for even greater inflation. The earnings and savings of ordinary citizens are constantly devalued while the banksters use leverage to increase their wealth with low interest loans not accessible to others. Of course the wealthy also control the supply of bitcoin, stocks, etc, and the general public blindly dumps their money into these “assets” with the hope of beating inflation. Nothing really changes when you have a pay to play fascist government and a world of oligarchs pulling the puppet strings.

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Matt's avatar

I suspect they are going to do the same thing with bitcoin that they have been doing with silver.

Because I know their agenda includes massive depopulation(see the Georgia Guide stone images online), I also suspect they've already hoarded all the silver they think they'll need for their new utopia.

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TheShinningSilver's avatar

What’s left of the middle class will get destroyed, there is no other way of saying this. I’m on my way to become my own bank, learn how to make ‘natural’ medicine and becoming self sufficient.

To everyone out there good luck, may god be with you.

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Stegiel's avatar

Weimar our destination. Bullish on wheelbarrows.

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Rob's avatar

Absolutely as they must crash the current fiat cash system and give us their digital ID system to control who buys and sell as this central banker says to enter the NWO everyone will be required to have a smart phone, bank account , and upload their digital ID:

https://sociable.co/government-and-policy/digital-id-bank-account-smartphone-new-world-imf-spring-meetings/

Please do NOT upload your digital ID as that is you giving your mark to the beast to buy and sell:

https://sumofthyword.com/2022/05/18/the-mark-of-the-beast/

We have just entered the 4th year on this timeline folks so get ready for "great tribulation" by the summer of 2025!:

https://sumofthyword.com/2016/10/04/the-rapture-of-the-church-is-after-the-tribulation/!:

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Christobane's avatar

A lower standard of living can’t get lower from where I’m standing. So what’s next begging 4 food in the street s

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Janis Rough's avatar

A lot of people living in RVs

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Straw Man's avatar

Move over brother

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Doug Youngman's avatar

I figure I'm good until they outlaw poverty.

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Jim Trafficone's avatar

I think the central banks will continue to inflate until the human misery index rises high enough for people to accept CBDC. Governments and regulatory agencies can make cryptos illegal whenever they're ready to force people into CBDC. All of the major crypto exchanges comply with KYC requirements and will comply with government orders. Some people think CBDC will be implemented in 2025 and that many cryptos will become worthless. https://blackboxpolitics.substack.com/p/update-iso-20022-purge-of-non-gov?utm_source=substack&utm_medium=email

Becoming your own central bank can help in the long term but the bottom line is precious metals prices are determined by what dealers or private buyers are willing to pay for them. When people lose their disposable income, due to inflation, and need to pay bills they start exchanging their precious metals for cash. When dealers become swamped with sellers and not enough buyers they either stop buying or they pay less than spot price to avoid running out of cash. That's not a good scenario for those who are holding PMs to help them deal with inflation and pay their bills. Those who stacked PMs during WWII weren't able to cash them in, at a decent price, for quite a few years after the war ended. It was a good investment in the long term but in the short term not so much. On the other hand Argentinians, who held PMs during their currency collapse, were able to stay ahead of inflation because local dealers were buying. With the implementation of CBDC only digital payments will be accepted by financial institutions, utility companies, corporations and governments. I suspect that most public PM dealers will go out of business when cash is eliminated. When financial institutions eventually require digital identifiers to be implanted in our bodies how will we pay our rent or real estate taxes if we refuse to participate? When that happens I'll be praying Beam Me Up!

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Str8_Shot's avatar

Klaus Schwab, in one of his interviews, EXPLICITLY said, that the success of the Fourth Industrial Revolution hinges on the holdout of the middle class. Basically, the middle class must buckle in order for their plans to materialize.

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Str8_Shot's avatar

Apparently our loss of purchasing power is no longer an issue, because we have Bitcoin and Trump as our saviors (sarcasm, of course), amiright?

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dlrink's avatar

We, the middle class, are doomed.

I cannot comment on uTub because I refuse to join that system other than watch. Sorry for not giving GM a thumbs up eleven times per week for his awesome contributions.

Thank you Greg!!

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becworks@gmail.com's avatar

Greg. (29Dec2024) hmm... wrong thinking. The COLLAPSE will destroy all of the contrived 'classes' in a system of socialist posturing. We will ALL be AMERICANS... equally desperate and poor... until we get our act together to build a different and better way of life. And by the way, the Heavenly Father is involved in this 'end of age'... so all bets are off that humans will get their own way..... Reporting. R.E. Sutherland, M.Ed./ sciences

24 years - Virginia Licensed Science Teacher (biology, chemistry, physics)

9 years-(DOE/SRS) Nuclear lab and Nuclear Radiological Protection Inspector

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William Losch's avatar

The Central banks will continue to STEAL until the whole rotten system comes crashing down upon their filthy heads! FYI: See JBS.org

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Nancy's avatar

We are not ignorant of their schemes to destroy the purchasing power of the dollar and thankfully are one step ahead as members of GMs 'fam'

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Randy Best's avatar

The Middle Class will continue to see a declining standard of living. That is what happens with worthless fiat.

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Christobane's avatar

Some smart person out there tell me why is it always the middle class that has to suffer when the shit hits the fan

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Jim Trafficone's avatar

The PTB want everyone to be poor except themselves. "But ye have despised the poor. Do not rich men oppress you, and draw you before the judgment seats?" James 2:6 KJV

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Mark's avatar

Unfortunately yes, a much lower standard of living.

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