This article was originally published by Brandon Smith at Alt-Market.com
People often ask me when they should begin to worry about the agenda for the “global economic reset” and the controlled demolition of the economy? If economic collapse is a process rather than an event, at what point in the process will we start to feel direct consequences? While crash conditions in economic fundamentals have indeed already started in the final quarter of 2018, culminating in faltering housing and retail numbers as well as an inverted yield curve, the average person is only affected so far in a minor way. It’s true – even during the greatest of financial depressions, only a part of the population suffers while the rest live somewhat normally.
This “relativity” in crisis changes, though, when we start talking about a currency collapse. In the event that the primary mechanism for exchange becomes unstable, as in Weimar Germany in the 1920’s or in Argentina in the early 2000’s, the damage to the public is almost universal except for the elitist class. In the midst of stagflationary headwinds, many people could still live a comfortable life given they are willing to make some sacrifices. But, in the midst of a currency implosion, anyone who is ill prepared will have to face the pain.
As far as timing is concerned, we can make educated guesses according to the evidence, but there is no exact science to predicting when the globalists will pull the plug completely on economic life support. They will trigger a disaster when the timing most suits them. However, I do believe there are signals to watch for.
In the past I have said that when globalist criminals stop trying to hide their criminality – when they start to become brazen in their rhetoric and agenda, that is when it is time for people to worry. Why? Because when criminals act more confident it is usually because they think they have already gotten away with it. Their plans are almost complete.
Over the past year, the globalists have become absolutely brazen in flaunting their endgame for a single global currency system. Yes, it is time to be concerned. But there are people out there who will tell you that the notion is “far fetched”. They will tell you that it is “doom porn”, and they will tell you it is “conspiracy theory”.
The evidence says otherwise. The evidence says it is conspiracy FACT.
Much of the argument against a one world currency hinges on the notion that the US dollar is too entrenched to be replaced anytime soon. In terms of a deliberate collapse of the dollar, the concept is simply too much for some people to wrap their heads around. The dollar is the world reserve currency, how could it possibly come under threat?
King dollar bias is at its peak today, and the delusion that the dollar is some kind of untouchable and essential apparatus infects the economic world like a cancer. There are two kinds of people who argue that the dollar cannot be dethroned – those with an agenda who seek to keep the masses oblivious to the threat, and the useful idiots who have attached their egos to the fiat currency like it is some kind of national flag. Their arguments go a little something like this:
Fallacy #1: The Globalists Need The Dollar To Maintain Power
This is patently untrue. The dollar is nothing, just like any other fiat currency system. It is a fabrication, a fantasy. Its value is an arbitrary product of manipulated forex markets. Its buying power has dwindled to a shadow of its former glory in the past century. The globalists have resided over the life and death of multiple reserve currencies, and the dollar is no different.
For people who make this claim, I suggest they consider the dominance of the British sterling in the early part of the 20th century. It was a world reserve as well as the petro-currency of the era. The world’s central banks held sterling as the majority of their balances and its liquidity was strong. Its role was crushed, though, when globalists used British treasury bond holdings in America and France as leverage and forced oil producing nations in the Middle East to drop the sterling’s petro-status.
The shift away from the sterling began in the late 1930’s and was completed in the span of around five years when the Bretton Woods Conference established a kind of “shared reserve status” between the dollar and the sterling. The dollar took over quickly from this point on. When the dollar was decoupled completely from gold in 1971 under Richard Nixon and tied to oil through agreements with Saudi Arabia, the transformation was complete (I would also note that the IMF’s Special Drawing Rights basket was launched at the same time the gold standard was completely abandoned).
The idea that the international banking elites care about protecting any single currency is absurd. They create these currencies out of thin air, and they can kill them almost as easily as they bring them to life.
Fallacy #2: There Is No Other Currency Mechanism In The World That Can Take The Dollar’s Place
This fallacy relies on two assumptions – One, that no currency has the liquidity to match the dollar and fill the void in global trade if it were to fall. Two, the majority of reserves held in central banks around the world are denominated in dollars, therefore a replacement is unlikely because the world is “used to paying with dollars”.
First, liquidity is meaningless. Liquidity in any currency can be created on a whim. In fact, the Chinese have been ramping up the liquidity of the Yuan for the past ten years. Trillions in Yuan have been conjured from nothing, which is a development I have warned about repeatedly along with the Yuan’s inclusion into the IMF’s SDR basket.
This is not to say I think the Yuan will replace the dollar as the world reserve, far from it. That honor will go to another mechanism entirely, which we will discuss in a moment. The point is, fiat currencies are not limited by their liquidity, they are only limited by the restrictions that central banks set upon them. If global central banks decide in unison that they will dump the dollar as the world reserve and use another currency, then that is exactly what will happen. Liquidity can be created with the push of a button.
When one accepts the fact that the Bank for International Settlements dictates and coordinates the policies of all major central banks, then the idea that they might all drop the dollar as the world reserve at the same time becomes less difficult to grasp.
Second, as mentioned above, the vast majority of central bank forex holdings used to be in sterling, and yet, the sterling was toppled and the dollar became the world reserve very quickly.
Fallacy #3: The Globalists Already Have Total Control Through The Dollar, So Why Would They Change Anything?
This argument generally comes from people who have no understanding of the psychology of economics and the psychology of power.
First and foremost, the federal reserve and the dollar are merely a franchise of a larger system; they are but one tentacle writhing from the body of the globalist vampire squid. In the pyramid of banking power, the Fed is an errand boy, a workhorse, that is all. At the top if the pyramid sits the major global institutions which control policy, including the IMF, the BIS, World Bank and the UN.
While the US government does have “veto power” within the IMF, the IMF has made it clear this power is ceremonial, and can be taken away at a moment’s notice. In reality it is the Fed that answers to the IMF and BIS, and the IMF and BIS answer to no one.
Even with control of national currencies, the globalists are not satisfied. What they want is global governance. They don’t just want the masses to go along with it, they want the masses to BEG for it. This is about an ascendance to world empire, and if you have read my essays on the globalists and narcissistic sociopathy, then you know that these people want to be treated like gods, or god-kings, much like the pharaohs of ancient Egypt. It is not enough for them to stay in the shadows; they want to be worshiped in the light of day.
But before global governance can be instilled as a necessity in the public psyche and the banking elites established as the benevolent rulers of the planet, several things must be accomplished. One of the first steps to global government would be global economic management and a single world currency. After this is achieved, global government would become much easier to sell to the public.
Beyond this, the idea that the globalists have “total control already” is nonsense. The big secret the establishment does not want you to know about is that elitist power hangs by a thin thread, and that thread is public inaction and distraction. The establishment spends trillions of dollars and thousands of man-hours developing propaganda and launching wars in order to keep the populace preoccupied exactly because their control is an illusion. All it would take is for a marginal percentage of people to wake up one day and suddenly decide to grab their torches and pitchforks (or maybe sniper rifles in a modern hypothetical scenario) and start snuffing out the tiny faction of elites in highest positions.
Their control would vanish, and they would be hiding in the deepest holes they could find. Sure, others could take their place, but why would they want to when making the attempt would be a potential death sentence?
The globalists want total centralization and the subjugation of every nation under one system because this would make their illusory power more concrete. If the masses see them as saviors, and every nation is disarmed, docile and dependent on a single global monetary framework, who is going to snuff them out then?
The Agenda Is Out In The Open
Dollar exceptionalists ignore reality, they ignore evidence and they ignore history in their blind faith defense of the currency. Controlling the reserve currency did not stop the globalists from centralizing further and dumping the pound sterling post-Bretton Woods in 1944. Why would it stop them from dumping the dollar today? The argument over whether or not the dollar can be sunk is, in the end, pointless, because the decision has already been made.
The ultimate goal of the globalists is openly admitted. As I have examined in numerous articles including ‘The Economic End Game Explained’, the Rothschild owned magazine The Economist outlined the plan for a one world currency system 30 years ago in 1988.
This plan describes a shift starting in 2018, in which the US economy will be diminished to make way for a new system, rooted in the IMF’s SDR basket. The article mentions that the SDR will not be the world currency, but a “bridge” to the world currency.
Skeptics will say “Ah, but 2018 has come and gone, and there is no global currency!” But these people have not been paying attention.
In my article ‘The Globalist One World Currency Will Look A Lot Like Bitcoin’, published in 2017, I examined the suspicious origins of cryptocurrency and blockchain technology. I also warned that this technology was key to the death of privacy in trade and the very cashless society that globalists had been lusting after for years. My position – That blockchain and crypto ARE the foundation for the one world currency system.
My position was confirmed by the IMF itself in 2018. In multiple white papers and articles, the IMF calls for the creation of a new digital currency system that would be based on blockchain technology. It is possible that this global crypto mechanism already exists and is being traded on the crypto-market today. Or, it is being held at the IMF as they wait for the right moment to put it into action.
Last month the General Manager of the BIS, Augustin Carsen, published a paper on ‘The Future Of Money And Payments’. In it he calls for a cashless society driven by digital currency issued by central banks. He also suggests that digital accounts could be offered directly by central banks, bypassing normal corporate banks. Our friend Steven Guinness recently wrote an excellent article covering this.
The SDR’s role as a bridge is also being confirmed in the mainstream. In 2017, globalist Mohamed El-Erian called for the SDR to act as a structure for a one world currency system, and stated that this would be useful in combating “the rise of populism”.
This past week, former UN Under Secretary General Jose Antonio Ocampo published an essay calling for the IMF to fully fund itself using the SDR, and then issue the SDR as a global currency mechanism.
Skeptics and dollar cheerleaders should argue with global bankers on what can and cannot be done with the greenback, because it is the global banks that are stating, unequivocally, that they are about to replace the dollar with something else. How would they go about doing this? In many articles I have suggested that the best way to kill the dollar’s reserve status would be to first kill its petro-status. This is part of what they did to the pound sterling when they made the dollar the world reserve, is it not?
It is perhaps no coincidence then that Saudi Arabia, the key to the dollar’s petro-currency dominance, has been cited as threatening to dump the dollar on multiple occasions the past few years. The latest incident comes within days of multiple globalist sources calling for a new world currency system. Though the Saudis have recently denied this news as a misrepresentation of their plans, I suspect this is spin control as the story has gone far more viral than they would have liked. The Saudi “Vision For 2030” requires dedollarization in order to be completed. And, guess who supplies the funding for the Saudi Vision For 2030 program? Globalist corporations like Goldman Sachs and the Carlyle Group.
If the US government passes a bill exposing OPEC members to antitrust lawsuits, watch how quickly a monetary structure can disintegrate. And, watch how quickly the IMF and other globalist organizations swoop in to “save the day” with their own one world system.
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You can contact Brandon Smith at: [email protected]
Makes sense.
I can see the point that the big secret is that globalism holds on by a thin thread.
.
I can see where I will be busy refuting many of Brandon’s claims from this article, but my time is limited so I’ll take them as I can get to them. Let’s start here as this jumps out at me:
“Fallacy #1: The Globalists Need The Dollar To Maintain Power. This is patently untrue”.”
Of course they do, which is why they have invested so much of their wealth into the dollar system (read US Treasury bonds). Brandon points to the demise of the British Pound as comparable to the demise of the dollar when they are as similar as apples & oranges.
Meanwhile, he recognizes a KING DOLLAR” bias at its peak, today. Why ??? Because the dollar is different. The dollar is the FIAT currency of the NWO. Why replace it when it as worked so well for the Uber Rich to concentrate wealth disparity into their hands ??? They CHOOSE to use it because it serves their purposes: power, control, and profit. The power, control, and profit is EMBEDDED in the dollar and supported and defended by the Military Industrial Complex.
The demise of the Pound was a result of the fact that Britain’s factories were bombed into oblivion in WWII and its economy was in shambles after the war, while the US homeland was totally unscathed; meaning that the center of production of wealth creation was transferred to America by default.
It was at this point that the American economy and larger population base eclipsed all others with the possible exception of Russia, but especially the UK. King Dollar became the defacto global currency as a direct result of WWII. Globalists didn’t choose to drop the Pound as their fiat currency of choice; WWII made that selection.
All major powers began to plan for WWII in the 30’s and the Global Bankers recognized the impact that war would have upon the European Continent. They simply moved their assets into dollars and offshored them from the City of London, which was the world’s financial capital at that time, to NYC.
World War III would do as much damage to King Dollar as it will to every other currency and the Gangster banksters are planning for much the same today; knowing that world war will come again. Thus the retreat to gold for the Uber Rich (get some for the reset).
Gold will never become a currency, neither will it ever back a currency system again, because it is the commodity in which the Uber Rich hold and preserve their wealth. Remember its a CLUB and you ain’t in it. You can hold gold and/or silver if you can afford it, but you as a PEON are relegated to FIAT.
The difference today is that America has the most powerful military in the world to support the dollar and defend the global financial system that is based upon the dollar. If the dollar disappears it will be because the MIC no longer exists, not because some bureaucrats in Europe have decided against it.
If the MIC no longer exists it won’t matter to you, you will have to see what treasures you have laid up in Heaven, if any. 🙂
DK’s arguments = Opinions and no facts. Hasn’t been right about a single prediction on these boards in the years I’ve been here. Take with a grain of salt.
Smith’s arguments = Facts and theories supported by facts. Years of predictions that turned out correct.
Guess which one I’m going to listen to and which one I’m going to grin and shake my head at?
FACT: Brandon is obsessed with SDR’s when they cannot be LEGALLY used in the manner described and the author’s of the article he cites say so. Read the article. Do the Europeans want more power ??? YES !!!
Will the US / FED give them that power ??? NO !!! We are stupid but not that stupid.
FACT: The Pound Sterling was replaced because WWII destroyed the UK means of wealth production; it was broke and had no means to generate GDP, not because bureaucrats decided they wanted a new fiat.
FACT: Investors want liquidity & security. The US Dollar is the only global currency which can provide that.at this time.
FACT: The dollar will be replaced when the American MIC no longer exists. Not until then.
Brandon’s article is NOT based upon facts. To which “facts” are you referring ??? Brandon’s article is based upon his twisted perception of economic reality. He talks about the “psychology of economics” & the “psychology of power” and applies these principles to the Globalists, but ignores those principles entirely with respect to DC / FED.
He can’t have it both ways. Neither can you. List the FACTS you write so glowingly about and enlighten US all, if you can. 🙂
“Fallacy #2: There Is No Other Currency Mechanism In The World That Can Take The Dollar’s Place” “First, liquidity is meaningless.” “Second, as mentioned above, the vast majority of central bank forex holdings used to be in sterling, and yet, the sterling was toppled and the dollar became the world reserve very quickly.”
LMAO !!! 🙂 “Liquidity is meaningless” ??? To whom ??? To investors liquidity is everything !!! This statement by Brandon demonstrates his complete lack of understanding of investment in a sophisticated market economy. The US Bond market provides liquidity & security: the two most important aspects of market capitalism.
“The Sterling was toppled quickly.” FALSE !!! The Sterling fell to the the US dollar because the the UK was in rubble, literally, and broke AFTER WWII. No infrastructure. No factories. No means of production to create wealth. All the direct result of WWII.
The same fate would hit the dollar after WWIII, and the Yuan would rise to prominence if Russia & the US exchanged nuke strikes, or engaged in a very long, direct, combat with conventional arms on a global scale. But bureaucrats in Brussels are not going to DECIDE to replace the dollar & US securities.
That decision is determined by investors who want a safe & liquid place to stash their excess cash before they can redeploy it into more profitable fixed assets. No other currency can provide that fungibility and security at this time. Certainly not the Yuan as China’s economy is structurally flawed and will implode. The Euro Zone is not far behind and it is splintering as these words are written.
Brandon doesn’t have a clue. He is twisting economic & financial reality to fit his illogical bias against the US Dollar & his fascination with SDR’s. Brandon, where did you get your MBA ??? What financial institutions have you ever worked for ???
Credibility requires Credentials. You have neither. 🙂
“Fallacy #3: The Globalists Already Have Total Control Through The Dollar, So Why Would They Change Anything?
This argument generally comes from people who have no understanding of the psychology of economics and the psychology of power.” ( I guess you mean me.)
“First and foremost, the federal reserve and the dollar are merely a franchise of a larger system; they are but one tentacle writhing from the body of the globalist vampire squid. In the pyramid of banking power, the Fed is an errand boy, a workhorse, that is all. At the top if the pyramid sits the major global institutions which control policy, including the IMF, the BIS, World Bank and the UN.”
These assertions would be laughable if they weren’t so stupid. The US created ALL of those Institutions to impose economic and political control over the world following WWII.
Those are primarily American institutions implementing American hegemony with the advise & consent of our global partners. America writes the Rules and controls access to the CLUB. To suggest that the FED only carries the water of the Globalists is to exhibit a profound lack of understanding of history and economic reality.
While the Europeans would love to have more power in global financial affairs, they would have to rewrite the European Constitution first and solidify political power over the EU. Get back to US when that happens.
You raised the question, Brandon, which I have raised to you countless times before: “The Globalists Already Have Total Control Through The Dollar, So Why Would They Change Anything?”
You didn’t answer it. Give US all a logical reason why the globalists would change one fiat (that is meeting & exceeding their wildest dreams) for another. No gobble-gook about the “psychology of economics”. Give US the concrete financial reasons why the Globalists would want to change to another fiat.
After that, tell US why America would tolerate & accept the loss of political leadership when it holds the economic & military power. It would seem that you do not understand either psychology of economics OR the psychology of power if you think that the FED & the MIC would give up control.
Not gonna happen without war, emp, or Yellowstone blowing. 🙂
Like I’ve said before, people will agree with you only if they already agree with you. You will not change their minds.
Perhaps Brandon Smith should read the manual titled “Field Manual (FM) 3-05.130 Army Special Operations Forces Unconventional Warfare”
Sections 2-44 through 2-48 explain how the US uses the world financial system as unconventional warfare to effect compliance from other countries. It specifically mentions the IMF, the World Bank and the BIS as institutions that can be used as tools to accomplish these goals.
If the US did not control these institutions, how could they use them in unconventional warfare?
Brandon IS a Patriot. And I would let him take my six in a firefight. But his twisted perception of finance & economics does more harm than good because he has just enough self education to sound like he knows what he is talking about, when he really doesn’t.This is bad for the Patriot Community & Liberty Movement because he spreads MISINFORMATION through his ignorance.
That Zero Hedge publishes his articles is really bewildering to me when there ARE intelligent, educated professionals posting on that site who DO know what they are talking about.
If I were posting articles there I would be asking “Tyler Durden”:
“WHY?” 🙂
“The Agenda Is Out In The Open”.
Yes it is, I am aware of all of the article citations you have listed. I have responded here many times before explaining that “Yes, the EU would like to have more power, and that Legarde in particular is leading the charge.”
If anyone thinks that the US /FED will give up its power & control without a fight, while it is the economic & military leader of the West, they would be sadly mistaken. Europe is in disarray. It will take the EU many years to get its act together. Eventually it will and that will likely occur in our lifetime, but not anytime soon; and not before SHTF.
According to my reading of Revelation, the AntiChrist arises from Europe riding the wave of chaos & change that ushers him into power. At that time, Europe will be solidified politically, economically, and militarily. Europe will increase in power then as the USA decreases its influence upon the world stage; likely as a result of internal strife resulting from Earth Changes and political upheaval.
And btw, those articles state that the SDR cannot LEGALLY be used in the ways described and it would require US approval for that change. Not gonna happen anytime soon. 🙂
The Globalists need the US Military as their enforcer. They certainly don’t trust China nor Russia to fill that role and no other nation has both the potential capacity and government conducive to fill it. The US Military needs virtual unlimited funding.
The globalists are stretching the US military thin and running it into the ground with useless wars. They’re almost done with it. After the crash they’ll replace it with a one world military under the UN.
The West vs. East senario is a sham for the public to believe in. Fact is that Russia and China are as owned as the US Show-force. And Russia and China’s central banks can easily print enough to fund whatsoever they wish as well.
Trump is winning against the globalist world wide
Look at the demise of the globalist left in Israel during the recent election
Look at the failing of the EU
Look at our liberal left going nuts into Socialism
Trump is winning for us – lets get rid of all liberals in the House and move forward by leaps and bounds
Trump is Netanyahoos colon.
Jakartaman, let’s ban liberals and their entire agenda. Solve a lot of problems.
Jakartaman, assuming you believe you are a conservative, specifically which principles of conservatism has Trump supported?
It was out in the open way back in 1933. That was quite a gold heist they got away with.
Guess what. Most people don’t care WHAT the reserve currency is or if there is a global one or not. They wouldn’t care if it all went digital because that is what they use already. They’re not going to do anything if told that the SDR is the new reserve currency. As long as their belly is full and they get plenty of Facebook likes, they are happy sheeptards.
JRS
” Most people don’t care WHAT the reserve currency is or if there is a global one or not.”
Most people do not understand the important critical significance that the US dollars “unique” status as the Reserve Currency does for them.
The US can print money virtually “willy nilly” and pay its bills without drastic inflationary effect. Foreign governments must obtain US dollars for international trade, especially oil thus giving the US dollar value that it simply wouldn’t have otherwise. This “unique” situation is so important that it’s enforced at the end of a gun barrel as Iraq and Libya can attest. It is the cornerstone of US economics.
Yes, most Americans won’t understand or care about having the reserve currency until they go hungry. Then there will be some ethnic group or opposing party that will get the blame…not the bankers.
Anyway, not to worry:
Global F/X reserves (2018 IMF):
USD -61.69%
Euro – 20.69%
Yen – 5.20%
Pound – 4.43%
Renminbi- 1.89%
Canada $ – 1.84%
Aus $ – 1.62%
Franc – .15%
Other – 2.48%
Yawn…wake me when the renminbi gets above 10%
JRS
When a loaf of bread increases 3 x in price in a very short time frame and foreign made goods (almost everything) rise much higher its going to be a difficult sell to completely pass blame off to an ethnic group or opposing political party in the age of the Internet. I’m not saying they won’t try but it will be a real doozy to pull off. The ignorance of the typical “sphere / spheroid” worshipper never ceases to amaze me so maybe it will work. I say, “oil peg”, Federal Reserve, Keynesian economics or reserve currency to many and get a blank stare.
There has ALWAYS been a global currency… GOLD AND SILVER. You can obtain goods anywhere in the world with them.
Cash is beautiful
Credit is grand
But gold is the money of the big boss man!
Yes, And I also have a “One World Bullet”, that will not discriminate against any Tyrant thinking they can control me. No Worries, its NATO Approved @ 3200 FPS. lol
And its those exact reasons why Trump’s Swamp Creature John Bolton is salivating over military intervention in Venezuela.
That is true, they don’t care what the currency is and they already use digital currency. If a large percentage of digital currency users would stop using this method and start using cash, this would help slow and perhaps stop the crazy elites’ plans for a global currency. The people consider digital currency the “in thing” to do, they think it shows them to be very progressive and up to date. Why people cannot be individuals in their own right and think for themselves is a puzzle to me. They question nothing. I’ll bet a large percentage of people posting on this site are digital currency users themselves. I have direct deposit, but I then draw all cash out of my account and spend it, also saving a portion. My bank probably doesn’t like it, but don’t say it, because they still get to use the relative large amount for a very short period of time. I don’t even have a bankcard (ATM, debit). I go directly to the bank in person and withdraw “MY” money. So if you’ve posted here today and you are using digital currency, I challenge you to change and at least use cash most of the time.
I’m with you on drawing cash out in person and saving some. I have so many #10 cans full of 20….well, that’s a “Mushroom” story for another day. I do have a VISA for online purchases, and one monthly bill, that gets paid off each month, but that’s all the plastic I do. It’s hard to just use cash for everything. Even a checking account leaves a digital trace. Even a money order is not completely anonymous.
Do you think for a minute The USA Military is going to let anyone Trade oil for any currency other that the Digital Petro Dollar? I don’t see the dollar being replaced as long as our military gets its billions every year.
Old Guy
That is also an interesting symbiotic relationship. The US has such high funding for the military because the US dollar is accepted at value. Simultaneously the US military through threat or actual use ensures this system will continue. The US military is just the enforcer funded by this brilliant but perverse arrangement. You are functionally correct.
Just shows you how smart soldiers are. Fighting for absolute slavery and debt. None of them smart enough to figure it out, just do what your told and be a good sheep yes man.
A year ago Trump ordered an AUDIT on the Pentagon. The Results are now in, an the Pentagon cannot account for $21 TRILLION DOLLARS IN SPENDING.
Coincidently the same amount as the National Debt. That’s about $290 Million for every Member in congress’s share of that debt.
That’s not American’s Debt that’s our legislatures dolling out cash into the massive black hole of Fraud called Dept of Defense.
I believe it has gone to fund the chemtrail program. That makes perfect sense.
neither. Its gone to smooth out the wrinkles in Pelosi’s old ass.
. . .with Bondo. . .
It’s already happening. China and Russia are trading oil without dollars. The bankers are killing the dollar on purpose so they can bring in their NWO currency. Get used to the idea.
Good piece and summary!
I agree most people don’t care. They are already on digital payment and transaction systems and the transition would be seamless. As for any disruptions, as long as there is Net flicks, Pringles, Doritos (made from bugs!!), then most people will be happy.
Most of the third world is already on digital currencies and use their phones to do it. I don’t think the technology is the problem or the concept. I think the problem is geo-political. What is the trigger, who is the switch for the transition? Keep in mind the US military is necessary for enforcement it is not dependent anymore on the US. The US military is truly global, gets much of its money from global enterprises (it has an enormous payment processing center in the Green Zone of Baghdad).
Right now the problem is basically a marketing and PR problem. How to keep the preppers, right-wing loonies, and nationalists quiet during the transition. First step has been to get them off social media and the internet. After that I can see their leaders ‘disappearing’.
Brandon Smith is a lot of words, absolutely no proof.
The article is loaded with proof. You might want to try reading it and clicking the links. Or are you just a government shill…?
Cognitive dissonance can be short-term bliss.
“I believe it is peace in our time.” Neville Chamberlain September 9, 1938.
Frank Thoughts
“The US military is truly global, gets much of its money from global enterprises (it has an enormous payment processing center in the Green Zone of Baghdad).”
Bagdad is pocket change. The US military budget is 700+ billion for this year. It depends on the US government for funding which depends upon the USD Reserve Currency status; a symbiotic relationship.
Up next, the push of Israel’s colonization of Syria and Jordan, with the United States providing the muscle.
Best president Israel ever had…Donald Trump
Yes the USA military runs the United States and most of the world. Congress and the White house don’t really have any control over the military. President Trump and Congress isn’t allowed by the Military to go view the likely empty vaults at Fort Knox. And they certainly don’t have unfettered access to Area 51. And that goes the same for all military installations. And GITMO. Its kept open because the military can grab anyone anyplace in the world. Take them to GITMO strip them naked and put them in a open air chain link pen, Squirt them with a water hose daily. feed them bread and water. All without charging them. Or letting them see a Lawyer. You have no rights of any kind if the Military decides you need to be at GITMO. I think If the looney left actually got the power they desire. Or the collapse, EMP Grid Down or any SHTF WROL happens. There will be a very speedy takeover of the USA Government by the military. China Russia or any possible adversary wouldn’t get any chance to try and invade the USA.
The one world currency is redundant, because aligned countries are allowed to draw from the IMF’s Special Drawing Rights basket.
This article: “BE CONCERNED! It’s the end of the world!!!!!!!”
Previous article: MIT Professor: “MORE LIKELY We Are In A Simulation Than Not!” – so it’s all meaningless anyway since nothing is real and there is no actual consequence.
Which is it?