Posted on 08/06/2020 8:05:40 AM PDT by RobaWho
What a fantasy!
This entire system is about to come crashing down.
Inflation alone is a problem and compounded with the massive debt, there is no way the pain can be kicked to the curb for more than a few years.
There’s a new cryptocurrency coming out called “CryptoCovid (CC19)”. It takes 19 million CC19’s to equal one Bitcoin, that is the solution ... /sarc
100% correct! Couldn’t agree more. Current system is dead. Trump will either help create a new globalist system with controls beyond the ability of “We the People” to own (unlikely), or replace the dead system with an America first, US centric monetary and banking system with accountability retained within our Constitutional form of self-government.
The solution is simple but painful:
Congress votes every decade to establish the value of currency, X holdings to Y dollars
As for holdings, I believe an abstraction is in order. I call them GEOzs (Gold Equivilent Ounces). This would be the current fair market value for the sale of that asset estimation, represented in gold ounces. The sum total of all hard assets owned can then be used to deterimine the holdings of the US government. These holdings and there estimated value would be published by the treasury department every decade.
Congress then passes a law on that ratio of holdings to dollars. That ratio remains the same until Congress passes a law to change that ratio. Congress only gets to change the ratio every 10 years.
I want some of what this guy is smoking.
I want some of what the author is smoking.
A retired Fire Captain friend of mine already calls the $100 bill “the new 20!”
Before the Covid runup China held about 5% of U.S. debt. So if we stiffed China we'd still have well over $20 trillion dollars of debt outstanding and about a zero chance of selling another dollar of federal debt ever again.
The Fed is now under the control of the US Treasury. Judy Shelton is joining the Fed. If you want the finer details watch X22 financial report daily. It will keep you up to date. The MSM, which is part of the cabal will not.
How will it eliminate anything if nobody buys the negative interest notes?
You can have what he is smoking. It is called clear thinking, not to be confused with muddy thinking.
I suppose anything is possible if you depend on a miracle to bring it about.
I’ve been to the Texas Book Depository, and having shot a few rifles in my life, Trying to follow the official narrative, I can’t understand at all why Oswald didn’t shoot when JFK’s car was on Houston St, coming towards his position slowly, and where he had a full head and torso shot. Instead, he waited to shoot when the car was speeding away on Elm St. and when only JFK’s head was exposed. Waiting for some cross-fire, perhaps?
Ok, how much if we sue China and don’t cut the lawyers in? :)
But, but, but Hamilton.
Inflation is the same thing as devaluation. Governments “print” money, dilute its’ value, and it takes more (deflated) dollars to buy the same loaf of bread. Yes, our system is near death. But a crash is not inevitable if this transition has been planned for. And it has. We’ve been robbed, screwed and tariffed by every major country in the world since WWII. We’ve funded Europe’s defense and socialized medicine schemes since 1970. We overpaid the Federal Reserve in sweat, debt, taxes, labor and lives for far too long. Corrupt lending that meets its ultimate demise via a technical bankruptcy, is a just result that awaits the Federal Reserve corporation.
I think it’s officially considered a “crackpot theory” but there are some people who describe Central Banking along these lines – You request $100 from the Central Bank. They have a magic wand and they wave $100 into existence and give it to you with the stipulation that you eventually give them $105.
Where does the extra $5 really come from? From the Central Bank’s magic wand, which they will wave again at a future date. This is a system which just builds up debt since the interest is necessarily paid by money which must be created in the future.
The “crackpot theory” is that the full faith and credit of a country may be sufficient as a backing vehicle. You don’t need a Gold Standard. You don’t need interest repaid to the lender. You just need the US to lend money to borrowers with the expectation that they will pay back $100 if they borrow $100. As with any lending system, money can be lost – the business goes bankrupt and the loan is not repaid. That happens under any system. But the Lending authority (US government itself) isn’t trying to make a profit and won’t try to squeeze $105 out of a $100 loan. This inherently limits debt and allows the government to create money it needs without having to sell bonds to foreigners.
Theoretically the world “doesn’t work that way”. But I think the people who say that tend to be Bankers and other people who expect to profit from a world fueled by debt.
From your keyboard to God’s ears -— oh how I wish that what you have outlined could/would come to fruition!!!
That US Dollar issued by the Fed will be replaced by new "Treasury Notes", our 27 Trillion in debt will be wiped off the face of the earth, and Trump will implement Executive Orders that will end the IRS and US Income Tax system, and our economy will flower like a rose, right?
I was wrong. He isn't smoking something.
He is injecting hard drugs.
Exactly. I’ve been in that same location. If he was alone, he picked an odd time to shoot. I don’t know why Oswald was there. There are any number of theories for that. But when they were taking him down the hallway, and he was telling reporters “I’m a Patsy”, I think that is 100% true. Some claim the FBI placed him there to try to gain information on CIA operations. Some say Oswald was part of an assassination team, but whether good guy or bad... Oswald was a designated fall guy and wasn’t there alone.
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