Posted this over on Zig Forums but seemed to be ignored for the most part
>debt based fiat system comes crashing down in 2009.
>bankers are able to patch the system up temporarily using bailouts and liquidity injections
>fix only lasts 10 years
>introduce mostly harmless virus and have china nerve gas a few random citizens to make it seem worse than it is
>no goy it wasn't the banks or fed that caused this financial crisis, it was obviously covid
>have a "change shortage" to get people used to pure digital transactions, making the transition to digital currency without question easy and without question.
>let banks collapse
>savings accounts wiped out
>people are near sighted and only worry about their savings at this point
>fed steps in, says they will wipe the us debt out and replace it in terms of fedcoin. All peoples wiled out savings is replaced by fedcoin
>fed is hailed as a hero
Covid as a financial reset
chainlink
>fed steps in, says they will wipe the us debt out and replace it in terms of fedcoin. All peoples wiled out savings is replaced by fedcoin
>fed is hailed as a hero
But what about assets/property? Fedcoin will be for slaves
Debt based currency is already for slaves. Assets will remain and be priced in terms of fedcoin
I've actually been looking to have this discussion for a while.
>Princes of the Yen
youtube.com
>tl;dw
>Japan has state run bank, efficiently allocates resources and bolsters economy
>Fox gets in henhouse, intentionally blows bubble to create crises for "economic structural reforms"
>bubble blown, bubble pops, fox in henhouse refuses to use monetary policy for economic relief until "structural reforms" take place
>new politician installed, dismantles state run bank, financial deregulation, fox in henhouse retires, Bank of Japan how has defacto control over currency
>fox in henhouse then lobbies to make Bank of Japan private and independent from the state
Crises is used as a catalyst for economic change. This one is global. The coronas is being used as a tool to disrupt the global economy and enact change. The World Economic Forum isn't even being sneaky about it, they're letting their dick hang out:
>The Great Reset
weforum.org
So my question is what the fuck are the changes? What are they going to push on us in the name of safety/economic reform?
I think the ultimate goals are more control over the economy and a transition from something already breaking into somethjng else they control. If they control the demolitiom, they control what it builds into.
Obviously there's other things that can be achieved through covid as well, such as communistic tendencies and welfare state status, but i think those come secondary to the overall goal of retaining/furthering control of our global financial system.
Thank yuk for your thoughts user. Thats an interesting take on Japan's central bank - havent watched the video as i dont uave much free time currently, but I will after work
Fedcoin can also he pushed in terms of safety
>it doesn't transmit the virus
Also
>look this fixes the change shortage
What about private ownership of precious metals? And would domestic mining companies be nationalized?
When the fed destroyed the gold standard they took everyone's gold (us currency) away and replaced with fiat.
I would anticipate the same to happen now, only with fiat currency to digitized. In other words, because gold is not directly tied to the dollar, I do not think they could make that play without people actually getting pissed. I think its unlikely that anything other than us fiat currency will be touched directly
No prob, I've been studying MMT/QE/Inflation/Deflation and the Central Banking Cartel lately; hard to share my thoughts cause nobody follows this shit. That video there is the best I've seen that explains the modern way that private central banks gain control over a countries money supply. It used to be done with war, and that tradition is certainly practiced on occasion (Gaddafi/Lybia). But it makes sense to wage economic warfare as opposed to kinetic warfare on a nation since it keeps most of the assets of the target country in tact.
I've come to think of Private Central Banks as embassies of the real nation, NWO, globalists, whatever you wanna call it.
But yeah, clearly they want to retain control, which is why they condemn nationalism at every level; can't have strong independent nations, they must be dependent on the world economy, which is why you see the manufacturing torch passed down to undeveloped nations. If you watch that movie, part of the terms of surrender was to convert Japan from a manufacturing economy to a service based economy. They did the same to the Tiger economies of Korea, Singapore, Taiwan, etc. Now China is being phased out from a manufacturing economy to a service based economy and the manufacturing torch is being passed to Vietnam and India.
They move countries around like fucking pawns on a chessboard
bump
This is a very interesting take - never thought about the "manufacturing torch" like that but it all makes sense - just cycle the countries so the more developed countries become more dependent on the less developed.
Do you think this a big reason for all the tax hikes and what not that trump wants to prevent, so manufacturing doesn't leave our country like they want it to?
Also I agree it is difficult to find anyone to discuss this stuff with. Super disheartening for 2 reasons:
>this shit is interesting as fuck and I want to talk to people about it
But more importantly
>noone fucking cares
Ultimate goals are:
Crashing the economy
Mass vaccination - reduced white population
UBI
Centralized Digicurrency
oh and i forgot chip implants
yes most of the people i know are sheeple and just think im crazy, but you can already see all small businesses going out of business and getting eaten by the big fish
interesting take, ive studied China and have to say youre partly right, they are moving low tech production to Africa (mostly because Vietnams labour is already cheaper and the middle class in China got richer) and want to focus on a high tech industry, its all mapped out in their Made in China 2025 program, also China tries to seize control of the world thru Belt and Road Initiative and Debt Traps, another thing to look into
All I know is Trump wants to restore manufacturing to the US. It's prohibitively expensive to do so and will cause inflation, thanks to the world economy. One way to control this is through tariffs; make it more expensive to participate in world trade, give incentive to manufacture on US soil. If he would do the same with the outsourcing of jobs then the majority of citizen complaints would be solved within a year.
Yeah, I wish people would care more about this shit.
Bullish
To add onto this, I think that's why (((they))) want Trump gone so badly. He knows what the problem is and how to solve it. He wants America to manufacture again. He wants America to be independent from the global economy. He's a nationalist and he's in the way.
you're retarded if you think China is helping the jews
I mostly agree with you except for
>change shortage
This was not planned, its just what happens when there is imminent hyperinflation. Same thing happened in Zimbabwe, right before their currency went to shit. It also happened in the US right before the Great Depression.
Excellent topic. Thanks for posting.
>So my question is what the fuck are the changes?
See two macro paths (there maybe more) but for discussion there’s the good path and the bad path.
Good path pushes us into a system where the individual is assured the value s/he saves is solid. Guessing that means [whatever] form of exchange is ultimately backed by [something]. Practical take away: someone working as an entry level cashier can payoff a home in ~5 years, save for retirement, and live a middle class lifestyle. AI oversees the medium of exchanges, all transactions, and the financial system is deflationary which in turn rewards savers and drives prices (but not the value of the stored savings) lower.
Bad path pushes into a system where a store of value is effectively impossible. Gold/silver/non-approved crypto is verboten and UBI via whatever [coin] becomes the norm. People get addicted to the gibbs that cannot be saved and AIs watch over all transactions monitoring for anyone trying to break free and/or committing whatever thoughtcrime the regime deems impermissible.
>What are they going to push on us in the name of safety/economic reform?
Cashless will be the next step. They’ve already 86’d coins here in the US.
I think another BIG issue here is the Eurodollar. Honestly struggling to understand it but did like Gammon’s video yesterday where he took a stab at it.
youtube.com
Also he did a good video a while back on Schwab. Worth checking out:
you guys are years behind /xsg/
nice to see youre starting to wake up though
Zig Forums doesn't like realistic conspiracies, they want to hate on jews that somehow control the world while being subhuman
You got any articles on that? Would like to study it
Checked and agreed
Unironically this. The XRP schizos have been talking about this exact thing for years. The financial reset will come, Fedcoin for the USA, whatever other CBDC for other countries, and XRP as the bridge asset between them all.
XRP schizos have been pointing out every domino as they've been set up, telling you exactly how they're going to fall. Yet something tells me you'll still deride and ignore them all.
>realistic conspiracy involving banking
>not the jews doing it
user, I...
What general is /xsg/?
I could be wrong on that. But I think its somehow connected - might have the actual details wrong.
No problem user thanks for the bump
/XSG/ = XRP Schizo General
Thanks gonna be browsing that this weekend
>you guys are years behind /xsg/
Like the XRP threads but the attention whore TWTR followers drown out a lot of the meaningful discussion. There was a good discussion the other day I found on a non-XSG thread...breath of fresh air to not hear about “muh date”, “muh phases”, etc., etc. - see link below:
>Trump wants to restore manufacturing to the US.
>It's prohibitively expensive to do so and will cause inflation
Something I only caught yesterday when Gammon called it out was that when the Eurodollar system failed back in 2008 the main [shadow] source for dollar creation failed but the world’s appetite grew meaning the US itself had to supply dollars.
This was done by the US running a trade deficit where we pumped needed dollars to the rest of the world in return for their exports.
Pulling manufacturing back to the US would remove a critical piece of how the world’s demand for dollars is met [i.e. smaller trade deficits = less dollars going abroad].
THIS maybe more than anything else is why the elites are starting to appear lockstep in favor for the Great Reset. (((They))) know current dollar based system is unsustainable if the US will not underwrite it with a trade deficit.
Oh but wait...there’s MOAR. When one considers the dollar denominated debt created outside the US * AND you factor in a lack of dollar liquidity * you’ve got issues. Guessing the FED and others saw this earlier this year and used swap lines awkwardly to kick the can down the road but still...the problem itself remains: the worldwide demand for dollars persists as the USD demand is no longer being met [or will be met] by the US running trade deficits and there’s nothing to replace the 2008-failed-Eurodollar system.
totally. thanks for the link, ill read right now
Don't be dissuaded by the "Jesus Jesus" stuff, it's worth looking into what's said there. Just remember it's called "schizo" for a reason.