Not too long ago today, gold was up over $60 for the day. Percentage-wise similar for silver.
M2 is decreasing, bailouts are increasing. FED PR Wednesday of FedNow CBDC.
We are all watching in realtime the end of the US Dollar.
The solution will be the US finally joining in, not necessarily with BRICS+++, but effectively so.
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The old argument for needing a new digital currency was that existing currency can't be transferred across banks without waiting for an overnight process. Powell just changed the regulations so that the existing currency can work just fine transferred immediately across banks. Therefore, no need to set up a new CBDC.
You are not going to do anything about it. The only chance you have is to stay off their grid as much as possible.
So, start by leaving less of an internet footprint.
Grow your own food, hunt without bullets, learn to fish.
Major bills will have to be paid in their currency. Your paycheck will be direct deposited.
Some skills might be barterable.
Self sufficiency as much as possible. If you haven’t started moving in that direction time is growing short. You will need food storage during the transition.
But we are already tracked on everything. Everyone is worried about them seeing what they spend on, they are more interested in your income.
There is very little to do.
Well, if you're not one of the GloboHomoNazi Elite, you're going to Starve and Freeze in the Dark, while your children service the Prog Left Deviants in Amerika and Western Europe.
Thank you for posting Openurmind.
The peacetime paper money and debit cards that many people use, including me, is unconstitutional imo.
"Article I, Section 8, Clause 5: To coin Money [emphasis added], regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;"
"Article I, Section 10, Clause 1: No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts [emphases added]; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility."
"In every event, I would rather construe so narrowly as to oblige the nation to amend, and thus declare what powers they would agree to yield, than too broadly, and indeed, so broadly as to enable the executive and the Senate to do things which the Constitution forbids." —Thomas Jefferson: The Anas, 1793.
So hopefully more masks of elite political party politicians who haven't read blatantly ignore the Constitution that they swore to protect and defend are going to fall off in time for them to get primaried in 2024 as a consequence of this issue.
In fact, regarding Clause 5 of Section 8 above, note that the drafters of the Constitution wanted only metal coin money because paper money had proven hard to regulate, paper money defeating the fed's power to regulate value of money.
Justice Joseph Story had put it this way about problems with paper money.
"It has been justly remarked, that the power "to coin money" would, doubtless, include that of regulating its value [emphasis added], had the latter power not been expressly inserted. But the constitution abounds with pleonasms and repetitions of this nature."—Joseph Story, Article 1, Section 3, Clauses 4 and 5, Commentaries on the Constitution 2:§§ 732--33, 735--39
"It is further to be observed, that the states cannot issue bills of credit; not that they cannot make them a legal tender; but that they cannot issue them at all. This is a clear indication of the intent of the constitution to restrain the states, as well from establishing a paper circulation, as from interfering with the metallic circulation [emphases added]."—Joseph Story, Article 1, Section 3, Clauses 4 and 5, Commentaries on the Constitution 2:§§ 732--33, 735--39
I question if Democrats and RINOs of the very corrupt, constitutionally undefined political parties have read the discussions of the drafters of the Constitution and are deliberately establishing policies that the drafters had decided against to purposely try to destroy the constitutional republic.
Patriots, the bottom line is this imo. What is your threshold of “pain” for peacefully stopping unconstitutionally big state and federal governments controlled by bully, constitutionally undefined political parties, from oppressing the people under their boots?
The inevitable remedy for ongoing, post-17A ratification, corrupt political party treason (imo)...
All MAGA patriots need to wake up their RINO federal and state lawmakers by making the following clear to them.
If they don’t publicly support either a resolution, or a Constitutional Convention, to effectively "secede" ALL the states from the unconstitutionally big federal government by amending the Constitution to repeal the 16th (direct taxes) and 17th (popular voting for federal senators) Amendments (16&17A), doing so before the primary elections in 2024, that YOU will primary them.
If the proposed amendment was limited strictly to repealing 16&17A, relatively little or ideally no discussion would be needed before ratification of the amendment imo.
With 16&17A out of the way, my hope is that Trump 47 becomes the FIRST president of a truly constitutionally limited power federal government.
In the meanwhile, I'm not holding my breath for significant MAGA legislation to appear in the first 100 days of new term for what may still prove to be another RINO-controlled House.
Trump will hopefully do another round of primarying RINOs for 2024 elections.
Based on the sickening performance of the current spineless American character, nothing...
I haven’t used cash to buy anything for several years.
I haven’t used cash very often in almost 40 years.
They hate bitcoin because it is the only cryptocurrency they cannot manipulate/inflate to nothing.
The enemy of my enemy...
We should press our slippery pols on it before it gets implemented.
The best bet is to set up legal second generation “scrip” organizations. Scrip has been around for a long time, and all it needs is a person or small group of people that can be trusted. From that point, the more people who join in the better.
In essence, it is a pseudo-currency that is used to facilitate bartering. 2G scrip uses encrypted data matrix bar code.
https://en.wikipedia.org/wiki/Data_Matrix
Common cell phones with a camera can be used to buy or sell, by scanning the data matrix on the object of sale, and two pieces of paper with the user’s data and the retailers data on them. Then enter short codes of the seller and the buyer to confirm the sale.
Importantly, some towns used scrip during the Great Depression, and they did much better than the country as a whole.
Illegal aliens operate in a cash-only world. Seeing how the Uniparty is welcoming them in by the millions, they’re going to need to print more cash.
The trouble is carrying around cards and phones and too much stuff easy to lose.
The solution is embed everyone with 3 small chips with antenna. Everything we need to know will be sent directly to these 3 chip in our forehead. Everything we want to send will be sent as soon as we think it. It can triangulate our location so we will never get lost.
. . . . 6
. . . 6 . 6
You’ve asked a critical question with much merit and I will give deep into the solutions provided..
Ping to cashless society.
Return to monke.
I’m my reading in economics I ran across Greshams Law, good money drives out bad. If forced upon us, digital currency might get used for official purposes but real money will always be preferred. Who among us wouldn’t prefer a pre-1965 silver dime to a fiat $1 bill or the digital equivalent?
In a real SHTF situation, I think silver coins or even rounds of ammunition might easily replace digital fiat crap.
my immediate thought is to protect the homestead.
As soon as cbdc is on the immediate horizon, maybe pay the property taxes 4 years in advance. This is a biblical timeline for me, but I subscribe to a mid trib rapture. I cannot prepare for seven years, but I can plan for 3.5 years.
This way, the homestead can gather the water and food plantings to survive the storm. During that period, everything is barter. I cannot save those who will not save themselves.
...it’s going to get ugly very fast when this rolls out and most will be caught up in the beast system by default.
Prepare accordingly is my thought
We are going to have a thriving black market! Barter, silver coins, booze, cigarettes, etc.