New machines have been ordered and will start after the next global crash.
They will be called CBDCs and will be the end of the line for bankers. They won't be accepted by people and bankers won't be successful.
The money printer is not going brr anymore. The money printer stopped running and loans have to be payed.
There is not enough money in existence to pay for the loans so you get bankruptcies and defaults. When this happens the loans disappear. When the loans disappear, money is electronically erased from existence because it was only made through loans.
Money printer not go brr, money printer vacuuming all the money and physical resources.
Such is the way of government and the older generations of any time.
I agree, this is happening regardless in China. Its a systemic problem with the Japanese monetary policy. I thought it was a perspective worth sharing though.
Yo! You watch Uberboyo? He's got some great content!
Does this family member have a history of making bad decisions before taking the vaccine shots?
Thanks for sharing!
Nobody Special Finance also had a great video on this back in January:
Buy Now Pay Later Loans Are Worse Than You Think | Nobody Special Finance
ssh is Secure Shell Protocol which is a cryptographic protocol that is primarily used for open source projects.
https://en.wikipedia.org/wiki/Secure_Shell
Its much bigger than banking.
I've heard others say Linus is a Marxist too but didn't have anything to back it up. Where is your source for this info?
I agree. God level reset or a holy split.
This looks like an interesting article by Peruvian Bull concerning DRS and DTCC.
From a quick glance, it looks like even with DRS, DTCC still has control of your stocks. I'm gonna read more and post quotes that interest me.
From our discussion here
https://greatawakening.win/p/17siEeLfAG/federal-reserve-ended-its-fiat-u/
by the late 1990s the DRS system (also known as DWAC) was put in place, and allowed a direct line from DTC to the transfer agent, allowing shares to be withdrawn from the DTC’s subsidiary Cede & Co which is where basically all certificates are held.
DRS provides investors with an alternative to holding their securities in certificate or “street” form. Under DRS, investors can elect to have their securities registered directly on the issuer’s records in book-entry form. With DRS, the investor does not receive a physical certificate, instead receiving periodic account statements (at least yearly) from the transfer agent or issuer evidencing holdings. Dividend/interest payments, proxy materials, annual reports, etc., are mailed from the issuer or its transfer agent directly to the investor.
6days was holding a DRS book share of Nordstrom, and right before a cash dividend was scheduled to be paid on Nordstrom stock on March 29, he purchased two new plan shares plus a fractional. He was testing if he would receive cash for his book share and dividend reinvestment for his plan shares.
A shocking revelation came soon enough- ALL shares received dividend reinvestment. By buying a single plan share, it enrolled the entire account into the plan and thus even DRS book shares became plan shares.
Ok, but, the level of underground P2P crypto you're suggesting would likely be difficult if not impossible for 90% of those who currently hold crypto.
It could easily be integrated with the drug dealers and "knowing a guy" from your local crypto meetup. Or just talking to your next door neighbor and trading services/resources for crypto.
There's not going to be some magical surge of people willing to go off the grid w/ advanced crypto P2P. Especially if the value tanks as a result.
I disagree. When people realize how worthless their dollars are and there are alternatives, they will run for the alternatives. First will be gold & silver but because of high security costs, transportation costs, and needing to trust a 3rd party over long distance transactions, gold and silver will just be used for local transactions.
The more stable the electricity and internet is, the more likely people are to go into crypto. What the govt will do to the people when the dollar collapses will be like murder. People will rebel and move off grid en masse whether boomers like it or not. Boomers will have lost their entire retirement accounts unless they're in gold, silver, crypto so they won't have much of a say anymore.
LOL what a meme
On top research tools, I want to add in there Squawker app for X
https://github.com/j-fbriere/squawker
This is a free private wrapper of Twitter I've been using for years. I can categorize my Twitter feeds (Economic News, Great Awakening News, Frog Twitter, Crypto News, Etc) , I can save posts I like. I can also export my subscriptions and share them with someone else who uses Squawker. Its like X Lists and its extremely useful for getting new information that's happening. Its made to be used on my phone, it doesn't suck as much battery as the Twitter App.
Originally it was. Called Fritter and the guy making it gave up after all the Twitter changes so another guy j-fbriere is working on it now.
Download the APK type based on your Android phone, I have a newer one so I use
squawker-v3.7.8_arm64-v8a.apk
You need an Android phone. You need a Twitter account to login, can be a throwaway. Theres also some settings to put in once you give a login. Under Groups or Feed go to the Gear symbol for settings on the top right corner.
https://files.catbox.moe/70wt3k.png
Then go to General Settings
https://files.catbox.moe/g65jy9.png
Then make changes to Feed and X API
https://files.catbox.moe/dxmah6.png
My Economic News feed is top notch and I highly recommend for being able to look at on the go and curate accounts for your news feed for any topic.
Gold and silver won't be confiscated again like in the 1930s because so little of the wealth is in gold and silver. Also you can easily hide gold and silver.
It'll be stocks, bonds, etfs, aka securities that will be confiscated and the DRS isn't enough to protect you from that. You need a physical paper stock directly from the DTCC, not a DRS certificate from the brokerage.
Some have proposed similar security concerns with Crypto. In that it could be confiscated and/or totally frozen.
The only way for the government to freeze your crypto is to shut off electricity or internet where you're at. If you just go somewhere with electricity and internet, you're fine. They can't stop people trading person to person and they can't really monitor it well either. They can just see it's going on but they don't necessarily know who it is if you're doing it right.
Hiding your paper pass and key phrase for wallets is much simpler than hiding gold and silver.
What a sad guru
This is exactly why GME apes say to DRS and book shares. It removes them from the DTCC and puts the shares in the shareholder’s name instead of the broker’s in Computershare.
Do you get the paper stocks with unique ID because from everything I've seen so far you don't when you DRS. You may get off the brokers in Computershare but the DTCC is the Central Clearing Party above brokerages. They are the legal owner of the stock and there is no way around that. You can move up the hierarchy on top of the brokerages with DRS but not the DTCC which is the top of the hierarchy. You just own a "security entitlement'.
Deleted Yale Law Study showing who the owners of your securities are.
Chapter 12 - "Street Name" Registration & The Proxy Solicitation Process by John C. Wilcox, John J. Purcell III, and Hye Won Choi
1st Diagram on Page 24 https://web.archive.org/web/20100714050340/https://law.yale.edu/documents/pdf/cbl/Wilcox_streetname.pdf
http://www.getfilings.com/sec-filings/101202/RJO-GLOBAL-TRUST_S-1/
There's a great explanation of the importance of the Yen Carry Trade on this thread
https://x.com/kurtsaltrichter/status/1775171880476889489
People do the Yen Carry Trade by borrowing Yen at a low interest rate (less than 1%) then take the borrowed Yen and invest it in higher interest rate Treasuries of another country (like the US around 5%) or into US tech stocks.
Basically the Japanese Central Bank has been running out of bullets to keep the Yen from devaluing below 150 Yen/Dollar. People doing the Yen Carry trade are essentially leveraged I'm their position and as the Yen devalues, they can lose their collateral for the borrowed yen and get liquidated on their trade.
Their options are to find more money to add to collateral and keep the Yen Trade going, hope the Yen doesn't keep devaluing and their trade gets liquidated, or unwind their carry trade and sell off their Treasuries/Tech Stocks for $ then convert to ¥en then give back the borrowed yen and sell anything leftover. Unwinding the trade also can devalue the yen as well, pushing more people to have to unwind or get liquidated as well.