Do you understand the implications of the collapse of the Federal Reserve? When the FED collapses the whole Global central bank fiat currency Ponzi scheme comes to an end. This needs to happen. Everything the Cabal does is funded by the money they print. When their ability to print money ends, their power ends. People in the western countries are going to lose everything. People that are not prepared are going to be brought to their knees. This also needs to happen. "ONLY THEN WILL PEOPLE FIND THE WILL TO CHANGE.". We are witnessing the destruction of the old guard. Who has been guarding the world? Look around. Every generation is weaker than the last. The Western people are about to go through a trial by fire. If you are on this board you understand what is about to happen. We all have our special skills and it is up to us to help guide people through the hard times that are coming. In order to help others we need to be prepared. If you do not have physical Gold and Silver [and supplies] you are not properly prepared. Q gave us a 6-year head start. I hope everybody used that time wisely. Good luck and God bless.
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Why would I lose everything? If the banks collapse who do I owe?
How much do you have in the bank? How much is in your 401K. How will you pay your property taxes? The collapse does not happen overnight. Do you think they will repossess people's homes, cars, property? Do you think they will try to force people into CBDCs? What do you think that will lead to? When the second collapse happens who will be left standing? Who will have the wealth? What is wealth?
People are conditioned to expect instant gratification. the truth is we are in a collapse right now but most don't even see it.
When this whole thing goes down, the last thing I am doing is paying taxes.
Most likely, the banks will attempt a mass 'bail in'.. We are reading stories of accounts being pilfered with no explanation or justification..
Cant plunder my accounts when they are at near zero lol
Being "poor" has its upsides!! stackem if you gottem... 😁
Yep. Most people have no idea about the Dodd-Frank Wall Street Reform and Consumer Act of 2010 and the implications.
Making theft of assets 'legal' is very much like gun free zones...
If they come to that the money will be valueless. There isn't enough to get there. Slow bleed, goal is don't leave much for them to pilfer. Buy land, gold,.etc. anything but fiat.
This is a key point. People expect it will be instantaneous. Instead it will be drawn out and extremely painful.
Ironically, one of the first steps of a devaluing and dying currency will be people flocking like mad to get their hands on it when the ATM’s run dry and the systems go down and they need cash to buy groceries and gas for the week (if they’re still available).
Similarly, the system will ramp up the printing of money… but it’s not for you or me. Prices will go up immediately and wage growth (if you keep your job) will lag by a year or two. The banks will foreclose on all defaults in the process.
So this means that even if the collapse starts tomorrow, it's going to last well into Trump's next term in office?
I thought that was what was trying to be avoided. Trump's next term in office can't be fooling around with a major economic collapse. Even if it started today, if it's still going on during his Presidency, he'll be blamed for it. He has much more important things to do and shouldn't have to shoulder an economic collapse.
Well, this is how things normally collapse. There could be some scenario where a white knight rides in to help things.
Having said that, the precipice needs to be painful, and the old system needs to die. In either scenario you need to prepare for your financial survival.
if there's a collapse and no one has ANY gold/silver (which is the majority of americans) they won't be worrying about your property taxes when 99% of people aren't paying them. or bills, or anything.
This is where the government just indiscriminately prints money to keep itself afloat.
What is wealth? It is having what other people want or need. The scenarios are endless. Plan accordingly.
Wealth is the most versatile form of exchange [Money]. Money needs to be stable. In order to be stable it needs to meet certain characteristics.
(1) It must be durable, which is why we don’t use wheat or corn or rice.
(2) It must be divisible, which is why we don’t use art work.
(3) It must be convenient, which is why we don’t use lead or copper.
(4) It must be consistent, which is why we don’t use real estate.
(5) It must possess value in itself, which is why we don’t use paper. [or internet math]
(6) It must be limited in the quantity that is available, which is why we don’t use aluminum or iron.
(7) It should have a long history of acceptance, which is why we don’t use molybdenum or rhodium.
Only Gold meets these characteristics.
"Money is Gold, nothing else." - J.P Morgan
People holding physical Gold and Silver will have the advantage in any barter situation. Plan accordingly.
Wealth is convertible to money, but they are not the same thing.
I think this is the definition of a currency. Wealth can be a combination of any number of things, and IMHO you’re not really wealthy unless you own property, amongst many other things.
Bullets work better at encouraging a trade than gold or silver. Bullets can sometimes even allow one to be gifted a free supply of goods in exchange for nothing more than one or a few bullets too.
Exactly my question.