You nailed it Greg. The issue is if the Central Banksters don't act immediately the credit market will lock up AKA no more cash at the ATM. No more credit card purchases. The Whole Economic System collapses.
Greg, you alone have enabled me to see the system with understanding. When these people draw out of the stock market they should have currency and would that not circulate?as in supply liquidity
I know the crash will happen someday, but when people crying out Wolf I will just yawn...😆
I have a theory though - IF, I say IF the crash happens next week or so, it is only to play a game with us - i.e that would be that they will create the illusion and make people say "look the elite try as much as they can to sabotage for Trump" and that will fuel the pro-Trump movement even more and then he can basically get away with everything on the future which will ruin our freedoms...
The elite work as hard as they can to convince the conservative that Trump and Musk is the good guys...
People have been crying wolf for years and never consider the price action in the Debt market. The story is in the debt market and all we can do is watch it like a hawk and move cash into risk assets. Its risk on brother. The Banksters are incharge. 😊
Yes I know. But EVEN folks who follow the debt market crying wolf. It is always cycles, there will always be days and weeks when Fed don't pump they system.
They, the insiders on Fed, sell private stocks, then they stop pumping the system, MMRI skyrockets for a week, and then they buy stocks and pump the system and they go up.
They can make how much profit they want because they have the tools.
Hence it has to be cycles...
I am not saying I have proof they do that, it is just obvious they do that to use the system...
If you KNOW they will pump the system on tuesday, wouldn't you bull this market on Monday???
They’ve been talking about this credit freeze since the last few years, yet here we are…somehow they keep reinventing the wheel to make it spin for longer than it should.
Despite that the Fed are boneheads I think they vill intervene (as they have done 100% of the time so far), and hence make it business as usual next week...
The will maybe even lower the rates coming months...(Despite being boneheads, lol)
Common sense says that they will intervene - but I will be the first to admit if I am wrong...
For the sake of the human race, they need to keep raising rates. Humanity has evolved too fast into the age of technology. In the next ten years, Artificial Intelligence and Tesla robots will take over every job, leaving no source of income for humanity. Raising rates will push the real economy into a depression (or far worse), but the aftermath will be one hundred times better than the current environment we are living in right now.
We don't get to choose where we are heading, but the two paths are putting a bandaid on the problem and dealing with it in the future where it will be exponentially worse off, or ripping the bandaid off now and letting it heal. I just want to get a job...i have been unemployed since 2022 because "kicking the can down the road" has destroyed the real labor market. Ripping the bandaid off now only means that society can get back on track faster because future projects for company's are put on hold. There are more pro's than con's.
This collapse is by design. Part of the rest to eliminate cash and push us into the totally controlled digital financial environment. Big brother is tightening the noose.
Please listen to this central bankster tell us in the 38 second video embedded in this link that to enter the NWO everyone will be required to have a smart phone, bank account , and upload their digital ID:
I suggest you flee all "religions" including being "non religious" as the path has been laid outside of any denominational affiliation for those with eyes to see life is short and there is an "everlasting home" everyone will be after death:
Ecclesiastes 12:5-7 yea, they shall be afraid of that which is high, and terrors shall be in the way; and the almond-tree shall blossom, and the grasshopper shall be a burden, and desire shall fail; because man goeth to his everlasting home, and the mourners go about the streets: (6) before the silver cord is loosed, or the golden bowl is broken, or the pitcher is broken at the fountain, or the wheel broken at the cistern, (7) and the dust returneth to the earth as it was, and the spirit returneth unto God who gave it.
Please feel free to reach out to me via email in my contact if you desire more conjecture outside this comment section:
yep religion and atheism is a distraction used by satan to keep every one divided, the vatican is built like a snake, and many other religions with their idolatry. ..... Jesus Christ says, you must be born again to see the Kingdom of God,......... be blessed with the Word and preach it to the world.
That's great if you believe the bible. That's doesn't answer my question, but never mind. I withdraw my question. I believe in a higher power but I don't believe that one bible is superior to another. Every religion claims to be THE one. It can't be.
They seem to be going for private USD stablecoins instead, which need to be backed by US treasuries, which will be regulated ofcourse. That’s ingeniously bad for everyone, since they will be able to kick the can down the road and continue their governmental spending frenzy as the world pumps it’s money into the crypto sector. At the end they will just pay of their debt ”with a little crypto”. That’s probably what they will use the Satoshi wallet (1M Bitcoin) for. And I think this is one of the reasons the BRICS are going for gold.
Everybody except regulated stablecoins, pension funds and central banks will sell their treasuries, if they can. The only way to keep the rates down seems to be to push for crypto.
What happens to treasuries when eveybody has bought in? How are they going to fund the government when there is no more buyers.
Will they drop the USD (or fiat all together) and default (or reset) on all the debt worldwide? Nobody would need fiat anymore.
The new world order can just extract a little fee on each transaction worldwide. Could that mean no more national taxes and a globalist powergrab without the need for national governments, or will each country apply their own fees. It would mean a completely different accounting system.
So, what’s the actionable intelligence in this? Suggestions?
I agree that it’s impossible to know what’s going to happen (and we do not have the required line of sight). The question is rather focused on how to prepare. I also agree that it’s important to stay nibble and not go all-in on anything right now. Maybe waiting and watching is all we can do at this point, apart from adhering to Greg’s subtle pointers. I just think there ought to be a plan involved, even though plans get revised. A field marshall is useless without a plan. A plan is needed, even if the plan is revised continuously, or there will be chaos. Then again, we’re all field marshalls of our own finances. However, sometimes the field marshalls get together, smoke cigars and drink some Cognac, to exchange ideas. 😉
Not everywhere! There are some states who wish to escape tyranny and those have passed laws forbidding CBDC's as being money!
Several states have taken action over the last two years in an effort to block the implementation of a central bank digital currency (CBDC) in the United States.
Indiana was the first state to pass legislation relating to central bank digital currency. Enacted in 2023, the law explicitly excludes a CBDC from the definition of money under the state's Uniform Commercial Code (UCC). The law amends the definition of money to specify, “The term does not include a central bank digital currency that is currently adopted, or that may be adopted, by the United States government, a foreign government, a foreign reserve, or a foreign sanctioned central bank.”
A similar law was enacted in Florida last year, and this year South Dakota, Tennessee, and Utah followed suit. A Nebraska bill repealing the capital gains tax on gold and silver also changed the definition of money in the state tax code to exclude CBDC.
This year, Indiana took a second step to hinder the implementation of a CBDC with the enactment of a measure prohibiting state agencies from accepting payments made with a central bank digital currency for any service, tax, license, permit, fee, information, or other amount due the governmental body. It also bars government agencies from requiring payments to be made with a central bank digital currency.
Additionally, under the law, state government bodies are prohibited from advocating for or supporting the testing, adoption, or implementation of a central bank digital currency by the United States government.
Alabama, North Dakota, and Georgia have passed similar laws.
They don’t need to introduce CBDCs. Private stablecoins will be regulated in such a way that they are ”tethered” to the will of the state. The companies won’t have an option but to comply. The issue is the perceived integrity of privacy. Private stablecoins seem less invasive, but they will have to comply just like VISA and Mastercard have to when the state has a ”beef” with someone (i.e. the truckers).
The good thing is what could happen after the transition or towards the end. Either stablecoins become obsolete and get removed as countries default on their fiat debt, or the stablecoins get pegged to something else, like gold. I think the system needs some kind of peg to something tangible with intrinsic value. I think that’s why gold has been pushed up as tier one assets by the IMF, BIS and the World Bank. Don’t you? I mean without that peg the system is not attached to reality and could easily spinn out of control. Some people might say Bitcoin, but in my opinion it doesn’t really serve the purpose.
Yes this is the primary issue. Every Fed rate hike cycle has lead to a market crash. Even though 5% rates aren’t that high, it will still be enough to break the system, because the system is that precarious.
The crash callers have been wrong for a long time, but they’re gonna be right some time in 2025.
Precisely why a gold backed physical currency is badly needed. Until it occurs, everything is a scam, except for those running the scam.
Catch 20, a 1913 established debt based system.
Debt runs the system, but in the end, it's designed to leave your purchasing power constantly being diminished. Every succeeding generation has to work harder than the previous generation just to maintain the same lifestyle, until it all collapse.
If you try and save your money and don't spend it fast enough, your purchasing power quickly dwindles, and its your fault for not spending it. If you spend it, its your fault for spending it. Towards the end, even investing becomes futile. Millions or billions of dollars that have no real remaining value, except in peoples self delusional minds.
All your continuous blood, sweat, and tears continuously result in less and less wealth accumulation for all your efforts. A perfect example in futilism-current debt based slave system.
Thanks Greg for constant reminders of it all.
Its a no brainer; this all won't go on forever. Till then, have a nice day. For now its, another day, another dollar that has a penny in purchasing power, by design.
I'm going to enjoy a full breakfast while I still can.
Meanwhile, Central bankers will continue there games as they have, since 1913 to present times, creating endless more debt for the world, by simply clicking more and more digits into existence for free, until it makes no difference.
The way things look, it won't be much longer for the anticipated collapse. When the system collapses, bankers will have simply lost obscene amounts of trillions...in digits... created out of thin air in the first place. They'll actually lose zero, most will lose everything, by design. Enter a One World Digital Currency.
Enter another worse scam....'digital currency' not backed by anything of value either. Nothings changed; with the added exception, everyone will be completely controlled-actually far worse.
Meanwhile, to survive, buy gold and silver to maintain purchasing power.
Bartering, used in past time periods, for goods and services, will return as a norm.
What the world is experiencing, is what occurs to a civilization that use to be Christian and is actually now, in practice, demonstrated in everyday living: neopagans, atheists and virulent atheists, secularists, satanists, witches, far removed from God. A reflection of the current world at large. The result, we've all received likeminded leaders of all sorts, that make very harmful decisions for 98% of the world. Its a great deal for the elite .01% of the remaining 2%.
After the storm, a new beginning. A new springtime. Current incoming satanic elite psychopath NWO will be very short lived. Till then, it's going to get rougher for most people.
Repent, pray, fast, do penance and reparations. Place all your faith, hope and trust in God and don't worry. God's in charge.
God's reset to the Global Reset is simultaneously occurring. When the globalists believe they've achieved there goals, its all going to come crashing down in the blink of an eye, like a bolt of lightning. Globalists time is already running out of time. Stay tune.
You nailed it Greg. The issue is if the Central Banksters don't act immediately the credit market will lock up AKA no more cash at the ATM. No more credit card purchases. The Whole Economic System collapses.
100%
Greg, you alone have enabled me to see the system with understanding. When these people draw out of the stock market they should have currency and would that not circulate?as in supply liquidity
Yes, and that is the situation we live during basically 52 weeks per year...
It will happen one day but Fed will intervene 100, 1000 or more times before it happen....
But one day is the D-Day - in one way interesting to be alive that day, as long as you have cash in the mattress....
I agree 100% that is why I am adding to my cash position.
Not a bad choice.
I know the crash will happen someday, but when people crying out Wolf I will just yawn...😆
I have a theory though - IF, I say IF the crash happens next week or so, it is only to play a game with us - i.e that would be that they will create the illusion and make people say "look the elite try as much as they can to sabotage for Trump" and that will fuel the pro-Trump movement even more and then he can basically get away with everything on the future which will ruin our freedoms...
The elite work as hard as they can to convince the conservative that Trump and Musk is the good guys...
My two cents😄
People have been crying wolf for years and never consider the price action in the Debt market. The story is in the debt market and all we can do is watch it like a hawk and move cash into risk assets. Its risk on brother. The Banksters are incharge. 😊
Yes I know. But EVEN folks who follow the debt market crying wolf. It is always cycles, there will always be days and weeks when Fed don't pump they system.
They, the insiders on Fed, sell private stocks, then they stop pumping the system, MMRI skyrockets for a week, and then they buy stocks and pump the system and they go up.
They can make how much profit they want because they have the tools.
Hence it has to be cycles...
I am not saying I have proof they do that, it is just obvious they do that to use the system...
If you KNOW they will pump the system on tuesday, wouldn't you bull this market on Monday???
I hope the Fed keeps pumping the system bro.
P.S This is hilarious
https://m.youtube.com/watch?v=hQ0x8uXrf84&t=620s&pp=ygUTdW5jbGUgdG9ueSdzIGdhcmFnZQ%3D%3D
Reverse Repo almost back down to 0.
https://fred.stlouisfed.org/series/RRPONTSYD
Buckle up, chiruns!
Excellent point !! This is why I'm adding to my cash position so I don't have to cash in my Silver or Gold for liquidity.
Dejavu from 2019 again?
It appears so.
Zoom out by clicking on "Max" or dragging the timeline bar to the left.
Like clockwork...
https://fred.stlouisfed.org/series/T10YFF
https://fred.stlouisfed.org/series/T10Y2Y
https://fred.stlouisfed.org/series/T10Y3M
They’ve been talking about this credit freeze since the last few years, yet here we are…somehow they keep reinventing the wheel to make it spin for longer than it should.
Be ready my friend 😊
Never met a guy know as much as you.
My dad 91yrs today watch your videos together on zoom every day.
😊
Is there a chance we go to 50 Trillion in debt?
Know one thought we’d get to 35 trillion.
“Can’t make this up”
lol 😂
Happy Birthday! God bless him at 91 years old!!!!
Thanks Greg. I’ll pass it on. He’ll be so excited
He was an old school stock broker.
He says I’ve never seen this shit ever.
1999-present
He laughs and said I be a millionaire many times over if I had this. He The stuff he says that has happened in only 20 yrs is incredible.
He thinks one more melt up then game over
“ can’t make this up”
Best quote ever! I use it all the time. I give you full credit
Please give your 91yr old father a big HUG from all of us here that watch Greg's shows together. Blessings for an even longer life!
Tim, I am a boomer. Does your Dad like the Mannarino accent and demeanour? For me that is half the show. It is great being on the same page
That's most Awesomeness. Happy Birthday to Pops!
(Know one thought we’d get to 35 trillion)
This 35 trillion does not exist it never did all is fake...
Good morning Greg ! Hope you are enjoying a happy new year. This newsletter is a keeper!
Huge love!
Thank you
Welcome.
Dead Congrrssmen tell no lies
United States Congressional Record on March 17, 1993, in Volume 33, on
Page H‐1303 , by Representative James Traficant, Jr. (Ohio) speaking live
addressing the House.
"Mr. Speaker, we are here now in chapter 11. Members of Congress are
official trustees presiding over the greatest reorganization of any Bank‐
rupt entity in world history, the U.S. Government. We are setting forth
hopefully, a blueprint for our future. There are some who say it is a
coroner's report that will lead to our demise.
It is an established fact that the United States Federal Government has
been dissolved by the Emergency Banking Act, March 9, 1933, 48 Stat. 1,
Public Law 89‐719; declared by President Roosevelt, being bankrupt and
insolvent. H.J.R. 192, 73rd Congressional session June 5, 1933 ‐ Joint
Resolution To Suspend The Gold Standard and Abrogate The Gold Clause
dissolved the Sovereign Authority of the United States and the official
capacities of all United States Governmental Offices, Officers, and
Departments and is further evidence that the United States Federal
Government exists today in name only.
The receivers of the United States Bankruptcy are the International
Bankers, via the United Nations, the World Bank and the International
Monetary Fund. All United States Offices, Officials, and Departments are
now operating within a de facto status in name only under Emergency
War Powers. With the Constitutional Republican form of Government
now dissolved, the receivers of the Bankruptcy have adopted a new form
of government for the United States. This new form of government is
known as a Democracy, being an established Socialist/Communist order
under a new governor for America. This act was instituted and estab‐
lished by transferring and/or placing the Office of the Secretary of Treas‐
ury to that of the Governor of the International Monetary Fund. Public
Law 94‐564, page 8, Section H.R. 13955 reads in part: "The U.S. Secretary
of Treasury receives no compensation for representing the United
States."
Gold and silver were such a powerful money during the founding of the
united states of America, that the founding fathers declared that only
gold or silver coins can be "money" in America. Since gold and silver coin‐
age were heavy and inconvenient for a lot of transactions, they were
stored in banks and a claim check was issued as a money substitute. Peo‐
ple traded their coupons as money, or "currency." Currency is not money,
but a money substitute. Redeemable currency must promise to pay a dol‐
lar equivalent in gold or silver money. Federal Reserve Notes (FRNs) make
no such promises, and are not "money." A Federal Reserve Note is a debt
obligation of the federal United States government, not "money?' The
federal United States government and the U.S. Congress were not and
have never been authorized by the Constitution for the united states of
America to issue currency of any kind, but only lawful money, ‐gold and
silver coin. It is essential that we comprehend the distinction between
real money and paper money substitute. One cannot get rich by accumu‐
lating money substitutes, one can only get deeper into debt. We the Peo‐
ple no longer have any "money." Most Americans have not been paid any
"money" for a very long time, perhaps not in their entire life. Now do you
comprehend why you feel broke? Now, do you understand why you are
"bankrupt," along with the rest of the country?
Federal Reserve Notes (FRNs) are unsigned checks written on a closed
account. FRNs are an inflatable paper system designed to create debt
through inflation (devaluation of currency). When ever there is an in‐
crease of the supply of a money substitute in the economy without a cor‐
responding increase in the gold and silver backing, inflation occurs.
Inflation is an invisible form of taxation that irresponsible governments
inflict on their citizens. The Federal Reserve Bank who controls the supply
and movement of FRNs has everybody fooled. They have access to an
unlimited supply of FRNs, paying only for the printing costs of what they
need. FRNs are nothing more than promissory notes for U.S. Treasury se‐
curities (T‐Bills) ‐ a promise to pay the debt to the Federal Reserve Bank.
There is a fundamental difference between "paying" and "discharging" a
debt. To pay a debt, you must pay with value or substance (i.e. gold,
silver, barter or a commodity). With FRNs, you can only discharge a debt.
You cannot pay a debt with a debt currency system. You cannot service a
debt with a currency that has no backing in value or substance. No con‐
tract in Common law is valid unless it involves an exchange of "good &
valuable consideration." Un‐payable debt transfers power and control to
the sovereign power structure that has no interest in money, law, equity
or justice because they have so much wealth already.
The Federal Reserve System is based on the Canon law and the principles
of sovereignty protected in the Constitution and the Bill of Rights. In fact,
the international bankers used a "Canon Law Trust" as their model, add‐
ing stock and naming it a "Joint Stock Trust." The U.S. Congress had
passed a law making it illegal for any legal "person" to duplicate a "Joint
Stock Trust" in 1873. The Federal Reserve Act was legislated post‐facto
(to 1870), although post‐facto laws are strictly forbidden by the Constitu‐
tion. [1:9:3] The Federal Reserve System is a sovereign power structure
separate and distinct from the federal United States government. The
Federal Reserve is a maritime lender, and/or maritime insurance under‐
writer to the federal United States operating exclusively under Admiralty/
Maritime law. The lender or underwriter bears the risks, and the Mari‐
time law compelling specific performance in paying the interest, or pre‐
miums are the same.
Assets of the debtor can also be hypothecated (to pledge something as a
security without taking possession of it) as security by the lender or
underwriter. The Federal Reserve Act stipulated that the interest on the
debt was to be paid in gold. There was no stipulation in the Federal Re‐
serve Act for ever paying the principle.
Prior to 1913, most Americans owned clear, allodial title to property, free
and clear of any liens or mortgages until the Federal Reserve Act (1913)
"Hypothecated" all property within the federal United States to the
Board of Governors of the Federal Reserve, ‐in which the Trustees
(stockholders) held legal title. The U.S. citizen (tenant, franchisee) was
registered as a "beneficiary" of the trust via his/her birth certificate. In
1933, the federal United States hypothecated all of the present and fu‐
ture properties, assets and labor of their "subjects," the 14th Amend‐
ment U.S. citizen, to the Federal Reserve System.
In return, the Federal Reserve System agreed to extend the federal United
States corporation all the credit "money substitute" it needed. Like any
other debtor, the federal United States government had to assign collat‐
eral and security to their creditors as a condition of the loan. Since the
federal United States didn't have any assets, they assigned the private
property of their "economic slaves", the U.S. citizens as collateral against
the un‐payable federal debt. They also pledged the unincorporated fed‐
eral territories, national parks, forests, birth certificates, and nonprofit
organizations, as collateral against the federal debt. All has already been
transferred as payment to the international bankers.
Unwittingly, America has returned to its pre‐American Revolution, feudal
roots whereby all land is held by a sovereign and the common people
had no rights to hold allodial title to property. Once again, We the People
are the tenants and sharecroppers renting our own property from a Sov‐
ereign in the guise of the Federal Reserve Bank. We the people have ex‐
changed one master for another.
This has been going on for over eighty years without the "informed
knowledge" of the American people, without a voice protesting loud.
enough. Now it's easy to grasp why America is fundamentally bankrupt.
Why don't more people own their properties outright? Why are 90% of
Americans mortgaged to the hilt and have little or no assets after all
debts and liabilities have been paid? Why does it feel like you are work‐
ing harder and harder and getting less and less?
We are reaping what has been sown, and the results of our harvest is a
painful bankruptcy, and a foreclosure on American property, precious
liberties, and a way of life. Few of our elected representatives in
Washington, D.C. have dared to tell the truth. The federal United States is
bankrupt. Our children will inherit this un‐payable debt, and the tyranny
to enforce paying it.
America has become completely bankrupt in world leadership, financial
credit and its reputation for courage, vision and human rights. This is an
undeclared economic war, bankruptcy, and economic slavery of the most
corrupt order! Wake up America! Take back your Country."
Despite that the Fed are boneheads I think they vill intervene (as they have done 100% of the time so far), and hence make it business as usual next week...
The will maybe even lower the rates coming months...(Despite being boneheads, lol)
Common sense says that they will intervene - but I will be the first to admit if I am wrong...
I hope your right.
I told you, I am always right, lol
I might not always be right but I'm never wrong.
Haha, spot on there!😆
Yeah I know you said that 😂
I don’t know about anyone else, but I’m looking forward to the day this system unravels. It’s nonsense, we’re paying our enemies to enslave us.
Me too but I'm dreading what comes after.
You are not paying your enemies anything, your USA has no money all is fake...
Are you still invested in JEPQ?
Minimally. I am currently holding less that 10% of my initial overall investment.
It feels like cash may have a better return again with all this uncertainty.
Yes, he will let us know otherwise...
He was two days ago and today Saturday:)
For the sake of the human race, they need to keep raising rates. Humanity has evolved too fast into the age of technology. In the next ten years, Artificial Intelligence and Tesla robots will take over every job, leaving no source of income for humanity. Raising rates will push the real economy into a depression (or far worse), but the aftermath will be one hundred times better than the current environment we are living in right now.
We don't get to choose where we are heading, but the two paths are putting a bandaid on the problem and dealing with it in the future where it will be exponentially worse off, or ripping the bandaid off now and letting it heal. I just want to get a job...i have been unemployed since 2022 because "kicking the can down the road" has destroyed the real labor market. Ripping the bandaid off now only means that society can get back on track faster because future projects for company's are put on hold. There are more pro's than con's.
This collapse is by design. Part of the rest to eliminate cash and push us into the totally controlled digital financial environment. Big brother is tightening the noose.
War is an economy and the Central Banks fund both sides. There's no stopping what's coming. People need to prepare like their lives depend upon it.
This must happen in order to force the public into their digital dystopian nightmare and the great taking that has been planned for years:
https://thegreattaking.com/
Please listen to this central bankster tell us in the 38 second video embedded in this link that 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/
What about non-religious people?
I suggest you flee all "religions" including being "non religious" as the path has been laid outside of any denominational affiliation for those with eyes to see life is short and there is an "everlasting home" everyone will be after death:
Ecclesiastes 12:5-7 yea, they shall be afraid of that which is high, and terrors shall be in the way; and the almond-tree shall blossom, and the grasshopper shall be a burden, and desire shall fail; because man goeth to his everlasting home, and the mourners go about the streets: (6) before the silver cord is loosed, or the golden bowl is broken, or the pitcher is broken at the fountain, or the wheel broken at the cistern, (7) and the dust returneth to the earth as it was, and the spirit returneth unto God who gave it.
Please feel free to reach out to me via email in my contact if you desire more conjecture outside this comment section:
https://sumofthyword.com/2017/01/19/him-crucified/
yep religion and atheism is a distraction used by satan to keep every one divided, the vatican is built like a snake, and many other religions with their idolatry. ..... Jesus Christ says, you must be born again to see the Kingdom of God,......... be blessed with the Word and preach it to the world.
That's great if you believe the bible. That's doesn't answer my question, but never mind. I withdraw my question. I believe in a higher power but I don't believe that one bible is superior to another. Every religion claims to be THE one. It can't be.
You are correct that: "Every religion claims to be THE one. It can't be."
Maybe this will convince you:
https://www.youtube.com/watch?v=4ORr0f0JsZ0
Not even close.
Ok then this must be the case but I will believe and pray otherwise!:
John 6:44 No man can come to me, except the Father that sent me draw him: and I will raise him up in the last day.
I feel like Trumps first directive will be to roll out the long awaited cbdc. Programmable money Will Be Here Very Soon!!!
They seem to be going for private USD stablecoins instead, which need to be backed by US treasuries, which will be regulated ofcourse. That’s ingeniously bad for everyone, since they will be able to kick the can down the road and continue their governmental spending frenzy as the world pumps it’s money into the crypto sector. At the end they will just pay of their debt ”with a little crypto”. That’s probably what they will use the Satoshi wallet (1M Bitcoin) for. And I think this is one of the reasons the BRICS are going for gold.
Everybody except regulated stablecoins, pension funds and central banks will sell their treasuries, if they can. The only way to keep the rates down seems to be to push for crypto.
What happens to treasuries when eveybody has bought in? How are they going to fund the government when there is no more buyers.
Will they drop the USD (or fiat all together) and default (or reset) on all the debt worldwide? Nobody would need fiat anymore.
The new world order can just extract a little fee on each transaction worldwide. Could that mean no more national taxes and a globalist powergrab without the need for national governments, or will each country apply their own fees. It would mean a completely different accounting system.
So, what’s the actionable intelligence in this? Suggestions?
I agree that it’s impossible to know what’s going to happen (and we do not have the required line of sight). The question is rather focused on how to prepare. I also agree that it’s important to stay nibble and not go all-in on anything right now. Maybe waiting and watching is all we can do at this point, apart from adhering to Greg’s subtle pointers. I just think there ought to be a plan involved, even though plans get revised. A field marshall is useless without a plan. A plan is needed, even if the plan is revised continuously, or there will be chaos. Then again, we’re all field marshalls of our own finances. However, sometimes the field marshalls get together, smoke cigars and drink some Cognac, to exchange ideas. 😉
Not everywhere! There are some states who wish to escape tyranny and those have passed laws forbidding CBDC's as being money!
Several states have taken action over the last two years in an effort to block the implementation of a central bank digital currency (CBDC) in the United States.
Indiana was the first state to pass legislation relating to central bank digital currency. Enacted in 2023, the law explicitly excludes a CBDC from the definition of money under the state's Uniform Commercial Code (UCC). The law amends the definition of money to specify, “The term does not include a central bank digital currency that is currently adopted, or that may be adopted, by the United States government, a foreign government, a foreign reserve, or a foreign sanctioned central bank.”
A similar law was enacted in Florida last year, and this year South Dakota, Tennessee, and Utah followed suit. A Nebraska bill repealing the capital gains tax on gold and silver also changed the definition of money in the state tax code to exclude CBDC.
This year, Indiana took a second step to hinder the implementation of a CBDC with the enactment of a measure prohibiting state agencies from accepting payments made with a central bank digital currency for any service, tax, license, permit, fee, information, or other amount due the governmental body. It also bars government agencies from requiring payments to be made with a central bank digital currency.
Additionally, under the law, state government bodies are prohibited from advocating for or supporting the testing, adoption, or implementation of a central bank digital currency by the United States government.
Alabama, North Dakota, and Georgia have passed similar laws.
https://talkmarkets.com/content/economics--politics/several-states-take-steps-to-block-a-central-bank-digital-currency?post=446129
They don’t need to introduce CBDCs. Private stablecoins will be regulated in such a way that they are ”tethered” to the will of the state. The companies won’t have an option but to comply. The issue is the perceived integrity of privacy. Private stablecoins seem less invasive, but they will have to comply just like VISA and Mastercard have to when the state has a ”beef” with someone (i.e. the truckers).
The good thing is what could happen after the transition or towards the end. Either stablecoins become obsolete and get removed as countries default on their fiat debt, or the stablecoins get pegged to something else, like gold. I think the system needs some kind of peg to something tangible with intrinsic value. I think that’s why gold has been pushed up as tier one assets by the IMF, BIS and the World Bank. Don’t you? I mean without that peg the system is not attached to reality and could easily spinn out of control. Some people might say Bitcoin, but in my opinion it doesn’t really serve the purpose.
Yes this is the primary issue. Every Fed rate hike cycle has lead to a market crash. Even though 5% rates aren’t that high, it will still be enough to break the system, because the system is that precarious.
The crash callers have been wrong for a long time, but they’re gonna be right some time in 2025.
My rant for the day.
Precisely why a gold backed physical currency is badly needed. Until it occurs, everything is a scam, except for those running the scam.
Catch 20, a 1913 established debt based system.
Debt runs the system, but in the end, it's designed to leave your purchasing power constantly being diminished. Every succeeding generation has to work harder than the previous generation just to maintain the same lifestyle, until it all collapse.
If you try and save your money and don't spend it fast enough, your purchasing power quickly dwindles, and its your fault for not spending it. If you spend it, its your fault for spending it. Towards the end, even investing becomes futile. Millions or billions of dollars that have no real remaining value, except in peoples self delusional minds.
All your continuous blood, sweat, and tears continuously result in less and less wealth accumulation for all your efforts. A perfect example in futilism-current debt based slave system.
Thanks Greg for constant reminders of it all.
Its a no brainer; this all won't go on forever. Till then, have a nice day. For now its, another day, another dollar that has a penny in purchasing power, by design.
I'm going to enjoy a full breakfast while I still can.
Meanwhile, Central bankers will continue there games as they have, since 1913 to present times, creating endless more debt for the world, by simply clicking more and more digits into existence for free, until it makes no difference.
The way things look, it won't be much longer for the anticipated collapse. When the system collapses, bankers will have simply lost obscene amounts of trillions...in digits... created out of thin air in the first place. They'll actually lose zero, most will lose everything, by design. Enter a One World Digital Currency.
Enter another worse scam....'digital currency' not backed by anything of value either. Nothings changed; with the added exception, everyone will be completely controlled-actually far worse.
Meanwhile, to survive, buy gold and silver to maintain purchasing power.
Bartering, used in past time periods, for goods and services, will return as a norm.
What the world is experiencing, is what occurs to a civilization that use to be Christian and is actually now, in practice, demonstrated in everyday living: neopagans, atheists and virulent atheists, secularists, satanists, witches, far removed from God. A reflection of the current world at large. The result, we've all received likeminded leaders of all sorts, that make very harmful decisions for 98% of the world. Its a great deal for the elite .01% of the remaining 2%.
After the storm, a new beginning. A new springtime. Current incoming satanic elite psychopath NWO will be very short lived. Till then, it's going to get rougher for most people.
Repent, pray, fast, do penance and reparations. Place all your faith, hope and trust in God and don't worry. God's in charge.
God's reset to the Global Reset is simultaneously occurring. When the globalists believe they've achieved there goals, its all going to come crashing down in the blink of an eye, like a bolt of lightning. Globalists time is already running out of time. Stay tune.
Mmri rising to 325. Will tomorrow be disaster? This looks catastrophic without intervention.