Posted on 11/13/2021 11:57:03 AM PST by Silentgypsy
Saule Omarova, President Joe Biden’s nominee for the Office of the Comptroller of the Currency (OCC), called during a March 2021 virtual conference to eliminate all private bank accounts and deposits.
Omarova discussed one of her papers, “The People’s Ledger How to Democratize Money and Finance the Economy,” which would help “redesign” the financial system and make the economy “more equitable for everyone.”
She said it would change the “private-public power balance” and democratize finance to a more systemic level.
During her conference speech, she said, “There will be no more private bank accounts, and all of the deposit accounts will be held directly at the Fed”:
Omarova said her proposal would give the Fed more “proactive” monetary policy tools, such as “helicopter money.” She also pondered how the Federal Reserve could “take money” from Americans during an inflationary environment.
(Excerpt) Read more at breitbart.com ...
We’re still armed.
Yes I too was told never to buy metals, always buy stocks. My stock portfolio does not even keep up with inflation at this point, though metals historically keep value during inflation.
The Vietnamese descended people I know never wanted to keep money in the bank, they had precious metals, expensive watches, etc. as investments because money is not safe in a bank.
Yes, totally b****** crazy.
A actual Communist from Russia wants to eliminate all private bank deposits . And she is nominated for one of the highest posts in our government. You can’t make something this outrageous up.
See, there’s the sticky point. Initially, they plan to abuse the peasants. However, later on in the process, the dictator’s paranoia exascerbates until he/she starts eliminating all of his/her former comrades, thereby becoming an equal opportunity abuser, so to speak.
Not if they don’t PRODUCE any ‘money’. All will be ‘ghosst’ in the icloud.
They have ways.
Russian SPY doing Putin’s bidding, wrecking the US.
There’s little doubt by now that the Deep State and Biden’s puppet masters are trying hard to instigate an incident or series of incidents that would justify their persistent claim that white conservatives are the greatest domestic terror threat. From there, the WOC (War On Conservatives) would ensue completely unrestricted, backed by the so-called Patriot Act.
Good for you!
You think they are not going to find a way to come for your "metals"? These people actually believe that everything you have belongs to them --- EVERYTHING!
Look at our paper notes- they all say “Federal Reserve Note”.
They are not US government notes. They are private money.
Yeah. “Evening the playing field.” Didn’t work out well w/the kulaks. Zimbabwe is an even better example.
They’ve been trying to get their hands on that money for years.
I realize it won’t be easy. That’s why the appeal to the collective intellect on this site.
I forsee a buying binge in metals.
I will be in that queue...
As you say, it is all falling into place.
Eliminate private property and what do you have?
5.56mm
Will take mine and leave just enough for bills that are on auto deduct; when the fed’s grab that money, I’ll tell my creditors to go get it from them.
I read Greenspan’s autobiography and, if memory serves, he was chairman of the board. The Weaponized Autistics can find lots of information (4chan, 8chan, etc.).
A whole lot of us would like to know who’s pulling the strings.
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