Big change in global banking system coming soon (debt, financial, currency)
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Watch the first fifteen minutes of this video and see what you think. I've watched Charlie Ward's videos and know of his background, which he will sum up in a couple of sentences. Not the usual stuff. Inside info from the big players
I have trouble mustering the patience for an animated gif that runs too long, I can't imagine how the gold/collapse/hyperinflation/conspiracy/etc. types can stumble upon youtube videos that last 1-2 hours and decide to get out the popcorn to spend their evening thus engaged.
Can't these "sources" at least write an article, essay or white paper instead of just bloviating for long stretches?
I have trouble mustering the patience for an animated gif that runs too long, I can't imagine how the gold/collapse/hyperinflation/conspiracy/etc. types can stumble upon youtube videos that last 1-2 hours and decide to get out the popcorn to spend their evening thus engaged.
Can't these "sources" at least write an article, essay or white paper instead of just bloviating for long stretches?
Gotta have Cliffs Notes for this sort of thing, before spending the time if we feel it's worth it.
Here's gist for you.
Global financial system will be broken down into several currencies markets.
Petrodolalr, as global currency of financial exchange, will be removed.
Metal standard will be restored.
Digital unit will be implemented. China already did.
Legit accounts will be transferred into digital units.
Any funds without proof of legitimacy will go puff.
Any cash exchanges will be allowed only to a certain amount then proof of legitimacy will have to be provided. Just like Russia did in 1993.
Here's gist for you.
Global financial system will be broken down into several currencies markets.
Petrodolalr, as global currency of financial exchange, will be removed.
Metal standard will be restored.
Digital unit will be implemented. China already did.
Legit accounts will be transferred into digital units.
Any funds without proof of legitimacy will go puff.
Any cash exchanges will be allowed only to a certain amount then proof of legitimacy will have to be provided. Just like Russia did in 1993.
You want some GIF on top of that?
The above makes sense as it would allow for selective devaluation, but expect zero support from the U.S. Treasury/Fed for obvious reasons. The missing element is how existing debts will be restructured and/or written off. This has to occur at some point and it has to be done in a way that doesn’t result in the bankers swinging from lampposts with ropes around their necks.
And here is a new “Banking for All Act” proposal introduced in the Senate. A free digital wallet for every U.S. resident and citizen, to be administered by the Federal Reserve.
Wouldn't this sort of thing destroy the cartels which have piles of cash?
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