Was looking at the "suicide weekend" dates - and given the suicides that occurred on Black Thursday, 1929 and the ensuing days, kicking off the Great Depression - it could be tied to another market crash. Suicide weekend Q's are for August, May, and February.
I read not too long ago the world's total GDP is around 91 trillion a year and the bankers have overleveraged it over 20 times to the tune of a few quadrillion dollars that literally does not exist. Basically every dollar of worth ever created would have to be paid back at least 20 times if not more just to level the books.
The simple temporary fix is jubilee. The permanent fix is follow the Constitution. Let Congress create money as credit, not debt. Base it on gold, and collect no interest.
A continuous supply of new dupes to keep the operation afloat.
Keep changing the rules is helpful (Move the goal posts; ever expanding debt ceiling)
As a rule, paper denominations (i.e. money) ALWAYS end up collapsing and loses all its value. In all of history the same story is told about paper denominations.
Why is this so?
A paper denomination is a receipt for a debt. If the debt is fraudulent, so is the paper denomination. This is precisely what we have occurring over and over again. The international fractional reserve system [the Rothschild "crown" monopoly] is coming apart just as any other Ponzi scheme does.
How does one prolong the life of the Ponzi scheme keeping it afloat?
Well, go back to the rules of a Ponzi scheme above.
This time the fractional reserve banking system is asking for digital currency. The entire cashless society is an EXTREMELY bad idea.
You know the vaporware consisting of ones and zeros; +5v -5v, etc.
This only makes the game faster and more intrusive. Ever watch the movie "Office Space" with their plan for their 'early' retirement and sticking it to the corporation? The digital Ponzi scheme is the new and improved version.
Think of a shell game trick. At first, the game is performed by a slothful human operator. Even the ordinary observer will eventually figure it out. By the way, this has been analogous to the American population, along with billions of other people all over the world. Not that we are not smart enough, but have been forcefully defrauded by .....
Now, imagine a modern servo-operated robot performing the shell game. It's lightning fast. Who can now figure out where the coin resides? Or does the coin actually exists? Who has the capacity to call the operator out? No one...........
A receipt is always based on something of finite value. What is a paper denomination based on? What is digital currency based on?
On the other hand, if paper currency is revalued and new paper is issued, then the coins suddenly increase in buying power. For example, if old dollars had to be traded at 100 to 1 for new ones, your pennies would suddenly be worth dollars. So I have a coin stockpile. Not just silver, nickel, and copper, but the zinc pennies and the clad copper coins.
paper denominations (i.e. money) ALWAYS end up collapsing and loses all its value
Fiat currency never loses value. It never has any to begin with. You must force people to use your fiat currency through taxation. NO ONE will use it without force because it has zero value, and everyone knows it (at least in the beginning). If the government doesn't strong arm people into giving them some of the fiat currency every year, no one will work to have any. If no one has to work to have any, no one will use them for anything. They would just use barter, or perhaps use gold or silver, or something else of value as an intermediary. No one trades for something of zero value. Fiat currency's value is as a note of protection from the government that is trying to kill you.
This is a great post, I just felt this was an important distinction. People need to realize that what we have been trained to call "money" can't lose value it never had. It didn't start out good and get worse, it started out as fraud. It started as a Ponzi scheme and a protection racket rolled into one.
If you have ever watched Bill Still's "The Money Masters", it provides an astonishing history of paper denominations. It starts out as a receipt of something of value, usually redeemable in gold or silver. US currency once stated this on every paper dollar printed. But then the shell game soon starts and the silver and gold is stolen. More receipts (paper currency) is printed than the treasury has in its coffers to back up the receipt. This is when the fraud that is perpetrated is a crime. So, the federal reserve for example, in lockstep with the City of London makes rules of how much theft is acceptable.
I have watched the money masters. I understand redeemable notes. I do not think the timing of events that he proposes is correct.
Redeemable notes are not fiat currency (legally prescribed currency which (at least since the invention of paper money) has no intrinsic value). Redeemable notes are also not paper currency. Paper currency means that paper is the thing that is exchanged, not real assets. Carrying a note of deposit from a bank in Rome to a bank in Venice is not "paper currency." It doesn't become paper currency until it is the actual thing that exchanges hands on a regular basis. Fractional reserve lending and paper as a currency came about at the exact same time, from the same people, for the purpose of both. It wasn't just to increase their money. It was to change the way we perceive money.
All of these "historical expositions" always rely on the concept of greed as the motivator. My research suggests it was never about "greed" as we understand the term. It was always about control. It has always, from day one, been about controlling the entirety of society, which is accomplished by controlling everyone's daily decisions, which is done by control of the economy, which is done by creating the concept of paper money, which only works if there is a fluid money supply, which is why they created fractional reserves and took all value out of the intermediary of exchange for barter.
The illusion that it still had value, because you could ostensibly go to a bank and exchange "paper currency" for gold was exactly that, an illusion. Yes, some people could do it, but by the time paper had become a currency, there was never a moment when everyone could do it. The little they passed out to those who demanded it was only to keep up the illusion. This was a society wide illusion, designed specifically for control of society.
The difference between my version and the Money masters version is that Money masters thinks it was an organic development based on greed. I think it was planned out to progress exactly as it did from the beginning for the purposes of control of society. That is what my investigation has shown me. Maybe I'm wrong, or maybe it was a mix of both, but the exact same people have had control of the money supply, doing the same sort of things for at a minimum of 3500 years. I don't know where in there it became "the plan" to transition to fiat currency, but every attempt to create fiat currency can be traced back to the same people, and they have been trying it for a very long time.
You should publish your research and see if your audience compares to what Bill Still has. In the mean time, Bill Still is recognized as an esteemed expert on the history of currency. No one of standing has ever disputed his research that I'm aware of. He's opened many eyes.
Wait, what I said may or may not be true because of how many people believe it? Is that how truth is measured? I don't expect you to believe me. In my short response I gave no evidence. The evidence is a huge exposition, which I am working on. Part 1 is here. Regardless however, I made points, and you didn't address them, rather you gave an argument on credentials. Credentials have nothing to do with any investigation into the truth of a thing.
I never said I didn't like him. On the contrary, I loved his work. My research led to different conclusions on the timing and origin of certain events.
Why do people think that disagreement in investigation means "not liking?"
Where are these "new lenders". Surely everyone knows we are over extended. Why would anyone want to lend us money, when the obvious outcome is to default on that debt?
Could it be that these new lenders have assurances that the US gov will take everything away from its citizens in order to satisfy this debt?
Not sure if Peter or Adam are directly related but if you have a minute:
Look up Jacob>Mortimer>John> Schiff
Histories “great” bankers from Germany the last mentioned (John) was the lending force behind Many big industrial revolutionaries.
Look up: Kuhn, Loeb & Co
Wiki excerpt:
It also acted as the leading investment house for John D. Rockefeller, through the guidance of his investment adviser, Frederick T. Gates. Rockefeller invested in many syndicates with the bank, including major stakes in the prominent railroad companies, as well as contributing to its consolidation of the Chicago meatpackers, which resulted in the formation of a leading trust.
Basically roth-child illumanati who own part of the federal reserve.
WTF do we even have a debt ceiling when the Govt just VOTES itself into ALWAYS exceeding it because they are NOT the ones producing the means of labor to generate the money to pay off this shit?
It is a ridiculous misstatement of what a ponzi scheme is...
Here, we'll put this up for auction on the world stage to any power: how much is the US Fleet of carriers and all associated air assets with trained personnel worth? Nothing?
The correct answer is well more than you can imagine.
All Ponzi schemes eventually collapse…the million dollar question is WHEN.
< 2 years. It'll happen under the current regime, not under Trump
Was looking at the "suicide weekend" dates - and given the suicides that occurred on Black Thursday, 1929 and the ensuing days, kicking off the Great Depression - it could be tied to another market crash. Suicide weekend Q's are for August, May, and February.
Agree it will be on Biden's watch.
February you say? The re-release of Titanic in theaters is Feb 10.
Hmm Feb 10 is a Friday - shit gonna go down on a Friday, out of the FDIC's own mouth.
Crashes are usually in September or October.
100% correct in every way.
I read not too long ago the world's total GDP is around 91 trillion a year and the bankers have overleveraged it over 20 times to the tune of a few quadrillion dollars that literally does not exist. Basically every dollar of worth ever created would have to be paid back at least 20 times if not more just to level the books.
The simple temporary fix is jubilee. The permanent fix is follow the Constitution. Let Congress create money as credit, not debt. Base it on gold, and collect no interest.
Correct. Government creates money, a national bank... not outsourced deals with private international banking cabals a la the FED
Absolutely correct.
How does a Ponzi scheme work?
You need:
Willing dupes
A continuous supply of new dupes to keep the operation afloat.
Keep changing the rules is helpful (Move the goal posts; ever expanding debt ceiling)
As a rule, paper denominations (i.e. money) ALWAYS end up collapsing and loses all its value. In all of history the same story is told about paper denominations.
Why is this so?
A paper denomination is a receipt for a debt. If the debt is fraudulent, so is the paper denomination. This is precisely what we have occurring over and over again. The international fractional reserve system [the Rothschild "crown" monopoly] is coming apart just as any other Ponzi scheme does.
How does one prolong the life of the Ponzi scheme keeping it afloat? Well, go back to the rules of a Ponzi scheme above.
This time the fractional reserve banking system is asking for digital currency. The entire cashless society is an EXTREMELY bad idea.
You know the vaporware consisting of ones and zeros; +5v -5v, etc.
This only makes the game faster and more intrusive. Ever watch the movie "Office Space" with their plan for their 'early' retirement and sticking it to the corporation? The digital Ponzi scheme is the new and improved version.
Think of a shell game trick. At first, the game is performed by a slothful human operator. Even the ordinary observer will eventually figure it out. By the way, this has been analogous to the American population, along with billions of other people all over the world. Not that we are not smart enough, but have been forcefully defrauded by .....
Now, imagine a modern servo-operated robot performing the shell game. It's lightning fast. Who can now figure out where the coin resides? Or does the coin actually exists? Who has the capacity to call the operator out? No one...........
A receipt is always based on something of finite value. What is a paper denomination based on? What is digital currency based on?
On the other hand, if paper currency is revalued and new paper is issued, then the coins suddenly increase in buying power. For example, if old dollars had to be traded at 100 to 1 for new ones, your pennies would suddenly be worth dollars. So I have a coin stockpile. Not just silver, nickel, and copper, but the zinc pennies and the clad copper coins.
Fiat currency never loses value. It never has any to begin with. You must force people to use your fiat currency through taxation. NO ONE will use it without force because it has zero value, and everyone knows it (at least in the beginning). If the government doesn't strong arm people into giving them some of the fiat currency every year, no one will work to have any. If no one has to work to have any, no one will use them for anything. They would just use barter, or perhaps use gold or silver, or something else of value as an intermediary. No one trades for something of zero value. Fiat currency's value is as a note of protection from the government that is trying to kill you.
This is a great post, I just felt this was an important distinction. People need to realize that what we have been trained to call "money" can't lose value it never had. It didn't start out good and get worse, it started out as fraud. It started as a Ponzi scheme and a protection racket rolled into one.
If you have ever watched Bill Still's "The Money Masters", it provides an astonishing history of paper denominations. It starts out as a receipt of something of value, usually redeemable in gold or silver. US currency once stated this on every paper dollar printed. But then the shell game soon starts and the silver and gold is stolen. More receipts (paper currency) is printed than the treasury has in its coffers to back up the receipt. This is when the fraud that is perpetrated is a crime. So, the federal reserve for example, in lockstep with the City of London makes rules of how much theft is acceptable.
I have watched the money masters. I understand redeemable notes. I do not think the timing of events that he proposes is correct.
Redeemable notes are not fiat currency (legally prescribed currency which (at least since the invention of paper money) has no intrinsic value). Redeemable notes are also not paper currency. Paper currency means that paper is the thing that is exchanged, not real assets. Carrying a note of deposit from a bank in Rome to a bank in Venice is not "paper currency." It doesn't become paper currency until it is the actual thing that exchanges hands on a regular basis. Fractional reserve lending and paper as a currency came about at the exact same time, from the same people, for the purpose of both. It wasn't just to increase their money. It was to change the way we perceive money.
All of these "historical expositions" always rely on the concept of greed as the motivator. My research suggests it was never about "greed" as we understand the term. It was always about control. It has always, from day one, been about controlling the entirety of society, which is accomplished by controlling everyone's daily decisions, which is done by control of the economy, which is done by creating the concept of paper money, which only works if there is a fluid money supply, which is why they created fractional reserves and took all value out of the intermediary of exchange for barter.
The illusion that it still had value, because you could ostensibly go to a bank and exchange "paper currency" for gold was exactly that, an illusion. Yes, some people could do it, but by the time paper had become a currency, there was never a moment when everyone could do it. The little they passed out to those who demanded it was only to keep up the illusion. This was a society wide illusion, designed specifically for control of society.
The difference between my version and the Money masters version is that Money masters thinks it was an organic development based on greed. I think it was planned out to progress exactly as it did from the beginning for the purposes of control of society. That is what my investigation has shown me. Maybe I'm wrong, or maybe it was a mix of both, but the exact same people have had control of the money supply, doing the same sort of things for at a minimum of 3500 years. I don't know where in there it became "the plan" to transition to fiat currency, but every attempt to create fiat currency can be traced back to the same people, and they have been trying it for a very long time.
You should publish your research and see if your audience compares to what Bill Still has. In the mean time, Bill Still is recognized as an esteemed expert on the history of currency. No one of standing has ever disputed his research that I'm aware of. He's opened many eyes.
Wait, what I said may or may not be true because of how many people believe it? Is that how truth is measured? I don't expect you to believe me. In my short response I gave no evidence. The evidence is a huge exposition, which I am working on. Part 1 is here. Regardless however, I made points, and you didn't address them, rather you gave an argument on credentials. Credentials have nothing to do with any investigation into the truth of a thing.
I expected better from you.
I like Bill Still. Good luck with the book.
I never said I didn't like him. On the contrary, I loved his work. My research led to different conclusions on the timing and origin of certain events.
Why do people think that disagreement in investigation means "not liking?"
Where are these "new lenders". Surely everyone knows we are over extended. Why would anyone want to lend us money, when the obvious outcome is to default on that debt?
Could it be that these new lenders have assurances that the US gov will take everything away from its citizens in order to satisfy this debt?
Why does this guy have the same last name as Adam?
Coincidence. There are many thousands of people with that last name, and as far as I can find, they aren't related to each other.
Yeah, it is a loaded last name for sure!!!
Not sure if Peter or Adam are directly related but if you have a minute:
Look up Jacob>Mortimer>John> Schiff
Histories “great” bankers from Germany the last mentioned (John) was the lending force behind Many big industrial revolutionaries.
Look up: Kuhn, Loeb & Co
Wiki excerpt: It also acted as the leading investment house for John D. Rockefeller, through the guidance of his investment adviser, Frederick T. Gates. Rockefeller invested in many syndicates with the bank, including major stakes in the prominent railroad companies, as well as contributing to its consolidation of the Chicago meatpackers, which resulted in the formation of a leading trust.
Basically roth-child illumanati who own part of the federal reserve.
WTF do we even have a debt ceiling when the Govt just VOTES itself into ALWAYS exceeding it because they are NOT the ones producing the means of labor to generate the money to pay off this shit?
FUCK YOU, CONGRESS!
Stickied so we can help pour Salt into the eyes of Sheeple to wake the F-up.
It is a ridiculous misstatement of what a ponzi scheme is...
Here, we'll put this up for auction on the world stage to any power: how much is the US Fleet of carriers and all associated air assets with trained personnel worth? Nothing?
The correct answer is well more than you can imagine.
watching gold make its run to 20k to destroy the fed
don't forget that this need for constant economic growth is their excuse for letting millions of illegals into the country.
Where's u/Simon_says?
Ah, close tie with US Government
They have to ask for the tax payers hard earned money to pay the $5 million each in reparations San FailSisco is trying to do
Of course Yellen would say this. Where's the news?
Second largest, behind BIS
False.
There is something of immeasurable value backing the dollar. There is nothing backing a ponzi scheme.