My guess is that the entire structure of the central banking will change. If by "private banks that make up the FR" you mean the usual suspects like JP Morgan, Goldman Sachs etc, who are officially not part of FR but get special treatment time and again, then my guess is that these banks will all go bankrupt when the fed dollar dies. (Currently underway via the sanctions)
As for the actual Fed banks - I am pretty sure they will be systematically dismantled as soon as US goes back on Asset backed currency. Whatever new structure that replaces Fed would be completely under the direct control of Treasury.
gold ... the American dollar is prepared to launch. just waiting for collapse. lots of people are going to wake up with nothing. they will have to rebuild.
Hopefully they all fail and new meat comes in to buy up all the assets (maybe you'd even be able to buy your own mortgage at auction?). No central banking means banks now directly take on the risk of their lending decisions as it would be in a free market; they wouldn't be able to shoulder the weight of defaults on their current loans made under central banking. Without central banking we would return to floating interest rates that actually match market conditions, which would be amazing.
The next big question is what we do with a national currency. Do we allow a free market with naturally competing money/currencies or go down the route of another national fiat currency that results in another central bank in 100 years?
Yeah I agree. I meant they wouldn't be able to shoudler the risk of their current loans under central banking because they handed them out without worrying about the risk. I edited my post to clarify.
There is a clue in Q post 1194 and 2575
My guess is that the entire structure of the central banking will change. If by "private banks that make up the FR" you mean the usual suspects like JP Morgan, Goldman Sachs etc, who are officially not part of FR but get special treatment time and again, then my guess is that these banks will all go bankrupt when the fed dollar dies. (Currently underway via the sanctions)
As for the actual Fed banks - I am pretty sure they will be systematically dismantled as soon as US goes back on Asset backed currency. Whatever new structure that replaces Fed would be completely under the direct control of Treasury.
u/#q1194
u/#q2575
gold ... the American dollar is prepared to launch. just waiting for collapse. lots of people are going to wake up with nothing. they will have to rebuild.
If that collapse happens, 1/2 your population will die of hunger, violence, war.
That's why this is so slow. There needs to be a new STRUCTURE put in place so we DON'T have a collapse of the system.
These our our farms, our communities, our roads, our schools.
We don't need to destroy anything, we just need to take them back and control them.
Plan for either, covered both ways.
NESARA holes are fun digs but you need immunity from the two week datefag.
Hopefully they all fail and new meat comes in to buy up all the assets (maybe you'd even be able to buy your own mortgage at auction?). No central banking means banks now directly take on the risk of their lending decisions as it would be in a free market; they wouldn't be able to shoulder the weight of defaults on their current loans made under central banking. Without central banking we would return to floating interest rates that actually match market conditions, which would be amazing.
The next big question is what we do with a national currency. Do we allow a free market with naturally competing money/currencies or go down the route of another national fiat currency that results in another central bank in 100 years?
Good question,
I think we will probably need a new amendment to ban central banks forever
Trains, Cars, Airplanes, Electricity, Radios, Film - the modern world was built during the time banks were directly responsible for their risk.
Yeah I agree. I meant they wouldn't be able to shoudler the risk of their current loans under central banking because they handed them out without worrying about the risk. I edited my post to clarify.