People need to start referring to the Federal Reserve as a company no different than Google, or Apple, or Facebook. Because that’s exactly what it is.
It’s a privately owned company no different than Facebook or Google. It just has the direct power to print U.S Government currency and loan it back to the Government. It has private owners and the one company the U.S had no power over surprisingly enough. It’s now over 109 years old but the CEO has mostly been of Jewish decent.
So start calling the Federal Reserve as what it is. A too big to fail, Private Banking Company that prints the money for the American Government.
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Nikola Tesla Was A Genius Who Didn’t Become Subservient To The Powers At Be.
Tesla had numerous patents, was constantly invested in, and had ideas and inventions stolen from. The people who stole often became “wealthy”, post his influence in and around their work. He spent much time alone. Yet somehow he died poor and feeble. And to top, the government raided his “poor and feeble” place of stay after his death. There are people who made more riches selling cookies than he did. Which with the few points made, I think it lends to the possibly that he was a genius who wouldn’t submit to w/e the ruling powers at the time were. Attitude or humbleness didn’t seem to be a problem for his investors.
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How Current form of Money was born
Let me tell you a story(history) -
A city has 100 unit of Gold coin such as 10 people each having 10 Gold coin each. Now there is also a Money Lender/Goldsmith or whatever (u choose to call it) in that city.
Since carrying Gold was tedious task(as Gold is heavy & also was risk of theft) people would used to submit their Gold with that Goldsmith. In return that Goldsmith would give them a receipt with statement like-“I promise to pay the bearer such & such amount”. Amount similar to the Gold coin they deposited.
Time passes & instead of asking for Gold back people started to use that receipt(Promissory note) as the currency.
Now that Gold smith/Money lender has this idea- Since people are not asking for Gold & are using that Promissory note only, why don’t I start to LOAN this GOLD for some interest.
This is what is known as Fractional Reserve Banking in modern time.
Now let’s say that Money lender LOAN about 90 coins from that 100 coins he initially had(which was not his but of people)@ 10% interest
Now Question-What is the total Money supply in the city after LOAN was given?
Answer- It’s 190.(only on papers)
But the total money supply in the city is still same as 100 coins but 190 on papers. This is what causes the inflation recession or whatever since money supply increased just like some MAGIC.
Now again that LOAN was given for 10% interest. Which make 9 coins his legally(10% of 90 coins)
Repeat this process again & again now with 81 coins then 72 coins etc…soon most of Gold will belong to Money Lender (without him doing anything).
This is what Banks today do..they just conjure money out of thin air.
Here is what elites know which we don't-
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What Will Happen to You When the Dollar Collapses? Many Experts Predicted a Tipping Point Will Come That Would Cause the Dollar to Collapse
Over decades, if not centuries, the US dollar has been the world’s leading currency. The central banks all over the world hold an enormous part of their investments in the US currency, while some private companies use it for international transactions. With this, the trade in US treasury has boosts the American economy and greases the wheels to the global financial system.
But, many experts predicted a tipping point will come that would cause the dollar to collapse, thus lead to a global economic problem. In this scenario, many investors would rush to other currencies to run off further losses. This would mean a breakdown of the national economy. The aftermath of this scenario could likely lead to a dollar collapse.
What is Dollar Collapse?
Full of sudden currency collapses have happened in history. A dollar collapse is characterized to a long-term depression in economic activity, increased poverty and a disruption of the social order. One of the primary roots of any collapse is the lack of confidence in the stability or efficacy of money to serve as an effective store of value or medium of exchange.
The main sign of a dollar collapse is when the value of US dollar drops. There are some conceivable scenarios that could cause a sudden crisis for the dollar. When there is a great threat of high inflation and high debt, in which rising consumer prices force the government to raise interest rates.
If the US entered a steep recession without dragging the rest of the world with it, anyone who holds dollar-denominated assets might sell them at any cost that includes foreign governments and no one wants to buy them, worst would leave the dollar. Thus, anytime, everyone should prepare for the worst, but you can prepare for a dollar collapse through these economic indicators.
Will the U.S. Dollar Collapse?
The collapse of the US dollar remains ambiguous until now. Several articles and websites urge us to prepare for the coming recession, but are the preconditions of a dollar collapse have been occurring? Foreign exporters do not want a dollar collapse because it would likely create a worldwide panic that frets the global economy.
Even if the United States had to default some debt obligations, there is a little indication that the world would let the dollar collapse and risk possible depression. But the collapse on Wall Street has been alarming and the US government must have a choice whether to default on the national debt or destroy the dollar.
If US dollar collapse happens, it might come to pass. No one would predict it. That’s because the signs of forthcoming failure are difficult to see. It is imperative for the government to take a necessary intervention to bring an economy back from collapse. Yet, this can often be slow to remedy the problem.
Three Triggers of a Dollar CollapseUS Currency is weakening
When US dollar weakens, it suggests an adverse financial effect. A weaker currency would encourage exports and make imports inflated. This would mean decreasing a nation’s trade deficit over time. Every business will have a certain degree of effect depending on the increased price of goods and services.
A weak dollar can boost the gross domestic product during an economic recession. Because exported goods cost less, foreign buyers buy them in greater amounts. It can also result in higher inflation expectations and higher commodity prices. Furthermore, it could lead the Federal Reserve to react and tighten monetary policy.
The emergence of China and Europe Economy
China ranks first among the major foreign holders of treasury securities in the US. If China’s economy continues to grow at the current rates, they will surpass the United States as the largest global market by 2020. The largest world economy drives the most investor interest. In this scenario, there would be a massive demand for Chinese Yuan currency. Investors would sell US dollars to buy the Yuan, causing a big sell-off.
The next most popular currency after the dollar is the euro, base from the International Monetary Fund (IMF) data. But it comprises less than 30% of central bank reserves. The Eurozone debt crisis weakened the euro as a practical global currency.
The emergence of major foreign holders of US treasuries is a potential factor to a dollar collapse. Nonetheless, the US dollar must be quite resilient to bar this kind of occurrence.
The Risk of Growing Government Debt & Central Banks
Base from the data, the outstanding US public debt from March 2017 to March 2018 is rising. The debt stood at around 21.09 trillion U.S. dollars as of March 2018 and forecast the gross federal debt of the United States for fiscal years until 2028 . Public debt, also known as national and governmental debt, is the debt owed by the nations’ central government. A government debt is an indirect debt of the countries’ taxpayers which the US government budget continues to run at a deficit and is increasing at alarming rates.
According to the Federal Reserve and U.S. Department of Treasury,
foreign countries costs over trillion dollars of debts like China (about $1.17 trillion) and Japan (about $ 1.06 trillion) held the highest percentages as of January 2018. It appears that central banks will do its power to save the situation, but remember that central banks can also lose control. This situation would be very demanding for the government with high debt loads.
Six Ways That Will Prepare and Protect You from a Dollar Collapse
A dollar collapse suggests an economic plight. It is akin to deep recession that scarcity and shortage of resources would occur. One must prepare for the worst scenario and to respond to this kind of uncertainty, you must be mobile. Here are few ways to prepare and protect yourself and survive a dollar collapse.
Prepare your Finances and Start being Smart with your Money Now.
One of the most important things you can do when it comes to financial preparedness is to put together a smart savings plan . If things go bad, having a plan of action will help increase your chances of surviving the chaos.
· You start with cutting all unnecessary expenses and spend that money to pay down your debt. The possibility of losing your home to debt collectors is a very real prospect.
· An Emergency Fund is a potential aid to prepare for financial troubles. It will give you stress-free during hard times. It can provide you with a fund to buy last minute supplies once things start to go bad.
· Remember to always have a cash on hand. When things go wrong, there is a very real possibility that the banks may freeze your accounts. It’s important to have cash that is accessible, either from a savings account or a cash box in your home. This can drift you over in an emergency until you can access money in your emergency fund.
2. Create a stockpile of Survival Essentials
Now is the perfect time to buy long-term supplies that you will need to survive in the future.
· Start stockpiling food and long-term supplies. In any type of crisis, especially during a collapse, food, water and long-lasting consumables are essential and indispensable. You will likely see main supply chain shortages and problems, making these types of supplies one of your most important pre-collapse concerns.
· Put together a supply of first-aid & medical supplies on hand. Once you create a kit, in the event of a collapse, you may not be able to shop for these supplies, so t’s important to have them on hand.
· Make sure you have all of the necessary supplies for survival . Include personal items such as medications for yourself and members of your family. Check the kit to make sure nobody has used any of the supplies. Also, check the end dates and replace expired items.
3. Secure your Home
· To prepare for a dollar collapse is to choose your shelter type. A separate shelter is designed to survive from natural disasters or man-made weapons or attacks. During this kind of crisis, power systems may fail and robbers and scavengers may threaten your home. Take precautions to protect yourself and your home.
· Another thing is to create two sources of electricity. One source could be solar. Hook it up to your home and then run the system underground. The second source might be an underground generator. You will use this in the event of a total loss of power. Keep your energy sources hidden underground to protect them.
· Consider purchasing self-defense tools . Self-defense tools are generally harmless. They are used to prevent an attack by rendering the invader futile. You can use everyday objects, such as baseball bats or gears. Other tools you may buy like pepper spray, hand-held stun guns, Taser devices or Sonic alarms.
· Set an alarm system in your home. Home alert alarm systems are easy and inexpensive to install and maintain. Wireless security systems notify you if a trespasser is approaching your home. Hidden cameras allow you to see internal and exterior areas in your home where a trespasser may be present.
One of the prevalent risks you’re going to face during dollar collapse is the threat posed by people. Learn everything you can about self-defense. When things go bad, you are going to need a way to protect yourself and those you love, your home.
4. Prepare your Family
· Make sure that every member of the family is mindful of the situation. To prepare for a dollar collapse, you need have to guarantee that your whole family is ready with your preparations. This means informing them in honest terms what is about to happen and telling them what they should be doing. It is important that everyone takes the situation . Otherwise, they will not be mentally prepared in the event that collapse happens.
· Each family member must be informed of the steps you have taken to prepare your finances, essential supplies, food, and shelter. Instruct them on doing the same.
· Every member should understand the relationship between inflation and economic growth. Explain to them the adverse impact of a dollar collapse on your family’s socio-economic life.
· Consider including other family members, neighbors, or a community group in your preparations. Make sure that these are people who are reliable and will put to work for the benefit of the group.
5. Equip your Mind
Even more important than supplies, is survival knowledge and awareness. Knowledge is the key to your survival, and now is the time to get plenty. During any kind of crisis and survival, including a dollar collapse, knowledge is going to be your most powerful ally.
· Read books on survival and preparedness, then start collecting information on how to live a more independent lifestyle.
· Do your own research and don’t rely on government spun stories, or crafted in the media; you need to do your own research too. Check the reliability of the information you get to prepare for the collapse.
6. Expect a Financial Crisis
The major risk you are going to face in a dollar collapse is the downturn of your finances. It is important to be ready beforehand on what to do and what not to do on your financial systems.
· Check and track the price of commercial commodities. Changes in the prices of commodities affect the country’s economy and the value of the US dollar. An increase in commodity prices is associated with an increase in inflation. Increased inflation correlates with economic growth. But, if commodity prices drop, inflation slows, which indicates an economic decline.
· Take note of the financial markets. Big ups and downs in the markets are a red flag signaling a general decline.
· Watch the oil prices. When oil prices increase, the Gross Domestic Product (GDP) goes up too. Remember that the fluctuation of oil prices has a macroeconomic impact. If it is increasing, then the value of goods and services also increases.
What Life Will Be Like After A Dollar Collapse?
Everybody else could tell that a dollar collapse would be coming. A sudden dollar collapse would create global economic depression. It would allow the US government to come up with a currency system and a kind of economic strategies to avoid grave consequences.
· Demand for Treasury’s would drop, and interest rates would go up. US import prices would skyrocket, causing inflation.
· Irregular public services like school system experience frequent strikes that shut them down, power issues and outages become more frequent.
· Unemployment would worsen and more people will experience job loss or layoffs. More people are displaced and finding a job will become almost impossible.
· An increase in criminal activity will definitely happen. People will become desperate to feed themselves and their families and more people will be more willing to cross the line into criminal activity to get what they need.
· Lots of people will lose access to their healthcare when they lose their jobs. Healthcare appointments may become more difficult to schedule and it may take longer to get in to see a doctor because more people are getting sick and need care.
· You can expect increased incidents of domestic violence as family relationships are strained and crack under the stress of poor living conditions.
A dollar collapse is a real threat with far-reaching repercussions. While it is inevitable, there are advance preparations that individuals and their families can make, at the very least, protect themselves from the event triggers. Stay informed on top of the global economy. You can be safe in a dollar collapse if you follow the ways that protect you from an economic crisis.
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Julian Assange faces a 175 year sentence if extradited for revealing war crimes such as the Collateral Murder gunning down of civilians including two Reuters journalists in Iraq which occured 15 years ago
Behold Team Crazy
Whenever a U.S. president needs a boost, they claim they killed some terrorist leader nobody has talked about or heard from in 10 years.
Seriously, this has become a pretty played out technique.
I guess Obama took the cake with his claim of killing an already dead Osama Bin Laden. Gave his presidency a nice little boost.
Biden is trying the same, too bad nobody even remembers who the terrorist leader is anymore. Guy hasn't been in the news since 2001.
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Anyone who participated in this should be fired and prosecuted.
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