With banks collapsing left and right, inflation out of control, and both the government and FED marching to the beet of their entirely disconnected drum one has to wonder who’s side they are on. The sad reality is that those in power are not on your side, they don’t want to help your economic situation. They don’t care if you lose your job, your home, your dignity and independence, or even your ability to feed your family. In fact they hope it will happen. Because the only people responsible for this mess of an economy are the people in power. There is a reason that they look at the right and wrong options for the economy and always choose the wrong option. They want it to fall, but they also want plausible deniability. They want an excuse to swoop in and make vast economic and social changes, to implement the CBDC and take total control of the economy and your life. Don’t cheer for the fall of the dollar, you will only be playing into their hands.
To make sure the social media giants don’t hide my videos from you please sign up for my mailing list: …(read more)
LEARN MORE ABOUT: Bank Failures
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
HOW TO INVEST IN SILVER: Silver IRA Investing
CBDC – The Fall of the Dollar and Bank Failures
Central Bank Digital Currency (CBDC) has been a hot topic in the world of finance and economics lately. As more and more central banks explore the possibility of issuing their own digital currencies, the implications for the global financial system are starting to come to light. One of the most significant potential effects of CBDC issuance is the possible fall of the US dollar as the world’s primary reserve currency and the subsequent impact on banking systems around the world.
The US dollar has held the status of the world’s primary reserve currency for decades, giving the United States a significant geopolitical and economic advantage. However, as other countries and central banks begin to explore the use of digital currencies, the dollar’s dominance is being threatened. CBDCs could potentially offer a more efficient and secure alternative to the US dollar, leading to a gradual decline in its status as the world’s reserve currency.
As the demand for the US dollar wanes, the value of the currency could decrease, leading to potential inflation and economic instability. The ripple effects of a weakening dollar could be felt around the world, as countries that rely heavily on the dollar for trade and reserve holdings would need to find alternative currencies or assets to hedge against the dollar’s decline.
Furthermore, the rise of CBDCs could also lead to a wave of bank failures. As consumers and businesses increasingly turn to digital currencies, the demand for traditional banking services could decrease, leading to a decline in profits for traditional banks. This could result in a wave of bank failures, especially for smaller banks that are unable to adapt to the changing financial landscape.
Additionally, central banks themselves could potentially become obsolete as the primary issuers of currency. If CBDCs become widely adopted, central banks may lose their monopoly on money creation, leading to a significant shift in the balance of power within the financial system.
While the potential fall of the US dollar and the rise of CBDCs could have significant implications for the global economy, it’s important to note that these are all hypothetical scenarios. The future of CBDCs and their impact on the global financial system is still uncertain, and it remains to be seen how central banks and governments around the world will navigate this new era of digital currency.
In conclusion, the rise of CBDCs could have significant implications for the US dollar and the global banking system. As central banks and governments continue to explore the potential of issuing digital currencies, the future of the financial system remains uncertain. It will be essential for policymakers and financial institutions to adapt and innovate in response to these changes to ensure stability and resilience in the global economy.
We can never have nice things.
It's a dying system trying to hold onto its grip on power, I envoke the predictions of Spengler.
"Spengler predicted that about the year 2000, Western civilization would enter the period of pre‑death emergency whose countering would lead to 200 years of Caesarism (extra-constitutional omnipotence of the executive branch of government) before Western civilization's final collapse. "
There is no greater sin to a people, no greater injustice, than conservatives conserving a system hell bent on the destruction of its people, it is evident that a corrupt, decadent system will start to lash out, as it approaches the last phases of its death rattle, it can smell its death a mile away, and the sound it makes out of fear, rattling its cage will be the musical composition that will be played out across the land as the dawning of a new day approaches.
What the idiot liberal neo-communist scum in D.C. fail to realize is that they will be the first to suffer because outside of stupid policies making, they have no life skills and are anti-gun. That's not a treat, it is the truth. Multiple states throughout the Union are already developing their own real non-fiat currency to process transactions of goods and services.
They're pretty much going down the list of Amendments, aren't they?
CBDCs giving The Man the ability to track every transaction in full detail and real time… There is flatly no conceivable way that can possibly square with the 4th Amendment's right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures.