Posted on 04/22/2023 2:59:04 AM PDT by CFW
Finance guru Catherine Austin Fitts warns that central bank digital currencies (CBDCs) are part of a plan to end all currencies and establish a slavery system CBDCs will rapidly usher in an era of taxation without representation, leading to the end of liberty
Fitts believes that a deliberate takedown caused Silicon Valley Bank to collapse, in an effort by a variety of players to panic the public and cause a banking run
By creating a banking run, many will take their money out of small banks and put it with the central banks that are at the root of the problem
Leaving the banking system isn’t the answer — finding a good local bank or credit union, and using cash, is.
“[With] cash we don’t know, for example, who’s using a $100 bill today,” he says. “We don’t know who is using a 1,000-peso bill today. A key difference with the CBDC is that Central Bank will have absolute control on the rules and regulations that will determine the use of that expression of Central Bank liability and also we will have the technology to enforce that.”
(Excerpt) Read more at discernreport.com ...
I do believe everything they do is DELIBERATE
World government ( run from Asia )needs top take down the American middle class. It is threat to their dominance.
The war is over, red state Republicans said yes to this. Most of them lockdown republicans.
While bud light was getting all the attention.. this was happening. Very few headlines, even here.
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“ Fitts believes that a deliberate takedown caused Silicon Valley Bank to collapse…”
It’s getting more and more difficult to distinguish between conspiracy and stupidity. I used to believe that people can’t be that stupid, but now I don’t know.
The biggest problem is that you can’t fix stupid.
But there is a real question as to how long those smaller entities are going to be able to remain independent in an environment designed to force consolidation. It's fine to move your accounts to Littletown State Bank - but in six months when they announce they are being acquired by Wells Fargo you are right back where you started.
“But there is a real question as to how long those smaller entities are going to be able to remain independent in an environment designed to force consolidation. It’s fine to move your accounts to Littletown State Bank - but in six months when they announce they are being acquired by Wells Fargo you are right back where you started.”
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Correct. You think you have found the perfect small-town bank only to one day wake up to find they have been sold to one of the four larger ones.
We have what funds we have spread between three banks. One large, one regional, and one credit union. And then we have our AmeriTrade account. We also have the “Bank of the Master Bedroom mattress” account that is for major emergencies. Hopefully, all our funds will not disappear in one fell swoop. LOL!
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