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To: BlackVeil
which will wipe away whole currencies - and their debts with them.

The debt instruments, the Federal Reserve Notes, are backed by the Good Faith, assets and deadly force of the US govt. When the system crashes - either through hyper-inflation or through deflation if they can't keep growing the debt pile (the currency) fast enough - the banking cabal will not be the ones hurt. They were bailed out in the 2008 crash to the tune of many trillions of dollars shoved onto the Fedgov's credit card. They will be bailed out again. They own most of the decision makers in the govt and damn near all of the media. Their magic-money machine gives them great (almost unlimited) power and they won't release the reins without a fight.
11 posted on 08/06/2017 10:00:16 PM PDT by Garth Tater (What's mine is mine.)
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To: Garth Tater

I agree with every word you say. Concerning your final point, “without a fight.” There may be more than one fight going on. The inexorable forces of debt, inequality, conflict, squabbling over resources, etc. will tend toward war. During wartime, the state suddenly gains more powers, they can nationalise and levy taxes - do all sorts of things. They can wipe the currency and tell everyone to use a new one.

We may see another world war, in our lifetime, and the outcomes are impossible to calculate.


12 posted on 08/06/2017 11:36:35 PM PDT by BlackVeil ('The past is never dead. It's not even past.' William Faulkner)
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