JUST IN – Fed Chair Powell: "Rapid changes are taking place in the global monetary system that may affect the international role of the dollar."

BitCoin Mag via SpaceXTwitter ^ | 6/17/22

[little jeremiah]

Placemark to read great reset etc info.

[Obadiah]

That’s my sense as well, that we are on the precipice of a demand meltdown, however that comes about. A number of bellwethers are pointing to that.

Large retailers with huge inventories
Samsung telling suppliers to stop shipping supplies
Savings rate at significant lows
Credit card debt at record highs

Consumers are almost tapped out. Things are going to get... interesting.

[Pollard]

And there it is. CBDC

[jpp113]

W. E. F.

[Dead Dog]

https://youtu.be/aK5kQ3mZddg

Food for thought. Everyone is trying to make sense of the patterns emerging, but it helps to look at underlying principles.

[Rusty0604]

Thanks for posting.

[Dead Dog]

Why is that?

[Lazamataz]

“How did you go bankrupt?” Bill asked.

“Two ways,” Mike said. “Gradually, then suddenly.”

-- Ernest Hemingway, The Sun Also Rises

[entropy12]

It is already digital bucks in my life.
Have not used paper currency in 10 yeadit rs.
Only use quarter dollar coins to obtain shopping cart at Aldi grocery store. Even vending machines take credit cards.

[Lazamataz]

Powell.... “Gee, fellas. Things are getting out of hand. Things we could not expect because they were caused by Trump. We did everything - stopped pipelines, killed air travel, killed consumer commerce with Covid Madness (aka Reefer Madness). We stopped trucking, we stopped port operations, and we stopped any thoughts about letting petroleum even exist in the future. We stopped it all. But it’s not our fault. Did I say Trump, Trump, Trump?”

AND they plan on locking Trump up.

[DBrow]

https://www.kitco.com/news/2022-06-17/Fed-s-Powell-Digital-dollar-could-help-USD-maintain-its-world-s-reserve-currency-status.html#:~:text=%22Looking%20forward%2C%20rapid%20changes%20are%20taking%20place%20in,process%20of%20developing%20instant%2C%2024%2F7%20payments%2C%22%20Powell%20said.

[Gaffer]

They are so blood crazed they don’t know when sanity should tell them to stop. They will literally destroy this country just for the satisfaction of locking Trump up to keep him from being elected again (a surety, IMO).

We like to remember with fondness about the “wailing helplessly at the sky” episodes they had in abundance and chalked it up to temporary insanity and “they’ll get over it.” They didn’t. What happened was a catastrophic mental crisis episode that went uncontrolled. Seething, plotting, planning and doing anything and everything to win again, just once more.

A real American Psychiatric Association would have declared the Democrat Party and all its members as clinically insane in 2017.

[Starboard]

I can’t emphasize this enough: GET OUT OF DEBT at all costs.

*************

Excellent advice. The last thing people need right now is high debt service costs.

Most credit card rates on outstanding balances is ridiculously high.

[rdcbn1]

Been thinking about that quote a lot lately.

[ptsal]

Where has he been hiding... in a cave?

[READINABLUESTATE]

Soros...

[Starboard]

That picture of Biden looks just like Jeff Dunham’s puppet.

[Starboard]

I suspect you are right. The window of opportunity is wide open for them now.

[CodeToad]

“GET OUT OF DEBT at all costs.”

Actually, I’d say take on more debt. Lots of it. You won’t be paying it back at today’s dollar value. Hyperinflation will allow you to pay off all debt fast.

[Revel]

All part of the plan to bring down America, and usher in the NWO.