Yup, convert your money into tangible assets now before the dollar tanks.
People do not realize agenda 2030 plans. The plan is to tank the dollar. Banks will go under like in 2008 but this time they won't be bail out. They will let the bank fail. Since the dollar will be so devalued they will allow everyone to wipe their debt away by letting them give the government (or whatever organization) their property they have a mortgage on and they will still be allowed to live there. People will love the plan since they won't have any more mortgage. Only probably is they won't own the property anymore but being released from $100k+ of debt will seem like the rational decision at the moment.
Hey, I’ll make this real simple. Trump is backing the dollar. Trump reinstated, DS taken down & THEY collapse. Economy skyrockets. 1000 years of Peace begin.
True. Difficult to predict. Maybe deflation could freeze credit or make it too expensive for most and then hyperinflation could be introduced to "save the day."
I have some hard assets (had moar before the boating accident - I know you know what I mean) but I also have fed notes.
If there are going to be fire sales then I would like to keep some fiat on hand.
Regardless we each need to fortify our personal networks with people of good character and strive to expand our skill stacks.
The dollar is being devalued because they Ged is printing so many of them. We are adding trillions and trillions to debt. It used to be a big deal when we added billions. A trillion is a thousand billion and no one seems to notice or care what this is doing to the value of the dollar. Politicians in both parties rubber stamp bills without thought. When you print more, the dollar is worth less and less.
Wood is up 500%. Steel is up 400%. Gas is up.
Interest rates are so low they can't realistically go lower.
I suspect Blackrock is buying up homes because they know our economy is about to completely implode. Worse than 2008. They did the same thing back then, only waited for the crash first. They are buying first this time.
When SHTF people still need roofs over their head and will rent instead of own. Blackrock knows the rental market is about to boom because people are going to lose their homes, their investments, and their savings.
Lock in long term mortgages now and prepare to hunker down.
You are correct. If dollar tanks paying back will be super easy - so long as you have bought or own something of value in that new economy. Gold and silver (silver especially which has been manipulated by JPM for ever) will be 20 times as much as currently valued.
No one realizes their money is becoming worthless. I don't think anyone will realize it until the banks collapse (for whatever reason, doesn't have to be for the same reason)
Not sure what video I watched which told me this. But the basic concept is banks will go under and people will be relieved of their debt as long as they give the rights to the property away. They will be allowed to stay in their house. (Agenda 2030 says, you will own nothing and like it, most people would love to stay in their house and be relieved of their mortgage).
Yes if the banks went under and no one step in that would fix it but they won't let that happen. Can't let a crisis go to waist.
What would the world use as reserves if the dollar sank?
yes on the inflation making debt easier. If you have a long term mortgage, with low interest as they are now as inflation occurs your debt becomes 'less'. If you grab say a 3% loan at 30 year fixed, as inflation occurs at a greater rate than 3% then technically the bank holding the mortgage loses. Of course I am assuming income keeps up with inflation.
When the dollar is worth nothing what will gold and silver be worth? I venture lots and lots. When this happens I will toss 9-10 gold pieces and a handful of silver eagles into my pocket and go down to bank and pay off my $300k debt with $10,000 worth of coins in today’s market
No it won't work like that unless you time it right. Right before the claps you need to trade in your gold and pay off the mortgage. Like in 2008 it will just happen one day.
The banks will be going under and won't accept payment for a breif period of time. The banks and government will basically force you into trading in your mortgage for their debt elimination program or you will have to pay them. Probably pay them in the new world currency set at a new evaluation they give your mortgage. It won't be a pretty time for riots and such.
Yup, convert your money into tangible assets now before the dollar tanks.
People do not realize agenda 2030 plans. The plan is to tank the dollar. Banks will go under like in 2008 but this time they won't be bail out. They will let the bank fail. Since the dollar will be so devalued they will allow everyone to wipe their debt away by letting them give the government (or whatever organization) their property they have a mortgage on and they will still be allowed to live there. People will love the plan since they won't have any more mortgage. Only probably is they won't own the property anymore but being released from $100k+ of debt will seem like the rational decision at the moment.
I am a retard and may need more explanation.
Are you saying the dollar will be devalued because the banks fail and are not bailed out?
Wouldn't that lead to deflation not inflation?
If there were hyperinflation, wouldn't repaying the relatively less valuable debt become easier?
What would the world use as reserves if the dollar sank?
I am not trolling, just trying to comprehend the warning you are giving.
Hey, I’ll make this real simple. Trump is backing the dollar. Trump reinstated, DS taken down & THEY collapse. Economy skyrockets. 1000 years of Peace begin.
Yeah, I'm crossing my fingers for this plan rather than us getting a taste of the "Great Reset."
Hoping that's how the story progresses!
I’m hoping Trump is looking to crate/back a new kind of dollar, not this central bank masonic petro-dollar of the America Corp.
I would be down for a real sovereign currency, by the people as written in the constitution.
Get tangible assets instead of holding cash. The dollar is debasing at an alarming rate.
So the millennial reign then?
True. Difficult to predict. Maybe deflation could freeze credit or make it too expensive for most and then hyperinflation could be introduced to "save the day."
I have some hard assets (had moar before the boating accident - I know you know what I mean) but I also have fed notes.
If there are going to be fire sales then I would like to keep some fiat on hand.
Regardless we each need to fortify our personal networks with people of good character and strive to expand our skill stacks.
Yes!!!!
How?
Stonks.
White hats are in control right?
NCSWIC
Don't forget the gorillians of tax dollars governments will collect from us when GME moons
Reminder: Put away 50% for the tax man
The dollar is being devalued because they Ged is printing so many of them. We are adding trillions and trillions to debt. It used to be a big deal when we added billions. A trillion is a thousand billion and no one seems to notice or care what this is doing to the value of the dollar. Politicians in both parties rubber stamp bills without thought. When you print more, the dollar is worth less and less.
Wood is up 500%. Steel is up 400%. Gas is up.
Interest rates are so low they can't realistically go lower.
I suspect Blackrock is buying up homes because they know our economy is about to completely implode. Worse than 2008. They did the same thing back then, only waited for the crash first. They are buying first this time.
When SHTF people still need roofs over their head and will rent instead of own. Blackrock knows the rental market is about to boom because people are going to lose their homes, their investments, and their savings.
Lock in long term mortgages now and prepare to hunker down.
All good questions. Burminator is describing the outcome IF they succeed. It does appear to be trending that way.
I imagine that it would be like Germany when wheelbarrows of cash were worthless -- or turning the dollar into pesos. Or Venezuela today.
You see your wage wouldn't go up, but the cost of everything you buy would go up because your dollar has less value.
And yea, in the moment having your debt wiped on your mortgage is great -- until they pass policies that convert you into a renter.
Remember their slogan, "you'll own nothing and be happy"
You are correct. If dollar tanks paying back will be super easy - so long as you have bought or own something of value in that new economy. Gold and silver (silver especially which has been manipulated by JPM for ever) will be 20 times as much as currently valued.
Where do you suggest I purchase silver? My local shop is charging about $39 for silver eagles.
Probably worth it since we expect it to top 100 bucks.
They printed more money last year than ever before. Devaluing the dollar faster than ever.
https://fred.stlouisfed.org/series/WM2NS
No one realizes their money is becoming worthless. I don't think anyone will realize it until the banks collapse (for whatever reason, doesn't have to be for the same reason)
Not sure what video I watched which told me this. But the basic concept is banks will go under and people will be relieved of their debt as long as they give the rights to the property away. They will be allowed to stay in their house. (Agenda 2030 says, you will own nothing and like it, most people would love to stay in their house and be relieved of their mortgage).
Yes if the banks went under and no one step in that would fix it but they won't let that happen. Can't let a crisis go to waist.
Looks like we need a new world currency...
yes on the inflation making debt easier. If you have a long term mortgage, with low interest as they are now as inflation occurs your debt becomes 'less'. If you grab say a 3% loan at 30 year fixed, as inflation occurs at a greater rate than 3% then technically the bank holding the mortgage loses. Of course I am assuming income keeps up with inflation.
When the dollar is worth nothing what will gold and silver be worth? I venture lots and lots. When this happens I will toss 9-10 gold pieces and a handful of silver eagles into my pocket and go down to bank and pay off my $300k debt with $10,000 worth of coins in today’s market
LOLOLOLOLOLOLOLOLOLOL
No it won't work like that unless you time it right. Right before the claps you need to trade in your gold and pay off the mortgage. Like in 2008 it will just happen one day.
The banks will be going under and won't accept payment for a breif period of time. The banks and government will basically force you into trading in your mortgage for their debt elimination program or you will have to pay them. Probably pay them in the new world currency set at a new evaluation they give your mortgage. It won't be a pretty time for riots and such.
Any suggestions?
I'm buying land.
Physical silver.