THE BITCOIN BLOG

👉CBDC, Digital Euro, Digital Dollar And Global Central bank Coming - Be Prepared

noreply@blogger.com (Politico Cafe) — Fri, 23 Oct 2020 18:49:00 +0000

👉CBDC, Digital Euro, Digital Dollar And Global Central bank Coming - Be Prepared CBDC, Digital Euro, Digital Dollar And Global Central bank Coming - Be Prepared The US Dollar is falling, Paving the way to CBDC, Digital Euro, and to Prevent Bank Runs. Investors are running away from the dollar as the Fed continues debasing it. Meanwhile, the Fed is preparing for the introduction of digital Dollars and a ban on cash. The European ECB also announced the introduction of the digital Euro. The biggest overhaul in monetary and currency history is quietly taking place just behind the scenes. On September 22, the ECB quietly filed to trademark the term "digital euro" (which appropriately enough abbreviates to "DE" to instill a sense of German patriotism. CBDCs Central Bank Digital Currencies Are Coming. It's not a question of "if," but "when" at this point. This is going to be the biggest change to the global financial system since Bretton Woods. The IMF recently held a conference on digital currencies and cross-border payment systems. More entities are trying to get away from the dollar and implement Central Bank Digital Currencies in the future instead. These CBDC's will enable central banks to go around the banking and financial system and give or take money (tax or transfer payments) directly. This will affect banking in the future and will affect your rights. So what's so different about digital Dollars issued by the Fed and the digital dollars I have on my regular bank account? Nothing yet, but that's what CBDCs are about. Changing the rules & scope of Digital Money. More fine-grained control over those forced to use it. The only thing that gives any fiat currency value is, of course, the fools working for it. (Because it's created in unlimited supply for free by those who create it.) Making Fiat Currencies Digital only ensures that the Central Banks can write the monetary rules that nobody can stop or resist, meaning if they adjust transaction fees or interest rates, everyone feels it, and that's not even mentioning inescapable taxes and monetary surveillance. The FIAT currencies must not be a store of value! Otherwise, we have difficulties with the new digital FIAT system. Look at the mess we are in today with FIAT currencies. People should only be able to use the central bank-backed digital dollar as a mode of payment and not as a store of value. They will achieve this by having a negative interest rate on your account. By the way, these central bank coins won't ever work. 1) It will be a closed blockchain; they will not want the public knowing who gets the free money. 2) The total number of coins in existence will never be known; this will also be a secret. In My Opinion, they will have a very limited shelf life (less than five years). Pretty much and absolute control of transactions. The Central Banks would never relinquish control over the monetary system; they just want to digitalize it so they can print all that free new money (Ad infinitum). Now time is finally coming for the Global Central bank. It was always there, but now they will have what they wanted all the time. Negative rates are staying for many reasons, which you know well, and the debt itself is another story. Beast needs new blood. (and I won't touch Equity Derivatives, Derivatives themselves, ETF's, etc. For that is way up there) This time, however, they control the numbers in different ways and decide manipulations as they would wish. Control is unprecedented. They know well the system is broken, so let's start something they have been working for a while, yes let's reset the system and start the Casino refurbish. The Fed cannot create money; only nature can create money. The Fed has expertise at creating bondage since it's been doing it since 1913. The good news is their scam is coming to an end, but they will have digital cash, which isn't money either for the chattel to use. When managed by the government and central banks are part of the government, Electronic money, Central Bank Digital Currency (call it what you want) will be managed by policy. The "policy" will be that of the country's political regime. We know that will be "blowing up the dam" with regard to currency available and in circulation, without any cost of money and, therefore, no way to assess the value of any good or service. Electronic money is just a way of eliminating the cost of money. All governments are in a tight box. None of them can afford governance because their predecessors have already committed so much of government tax revenues to just servicing the debt. In the USA, the private sector will not be generating sufficient capital to purchase the coming debt sales. The FED will have to step in. When it does, it will issue the Treasury a right to purchase anything from the private sector, and the US Treasury will give the FED a completely hollow promise to repay the borrowing. Go ahead and stick your head below your belly button and pretend that the scheme is not simple expropriation of goods and services. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to click the like button. Many of you have asked me where they can buy silver and gold bullion. You will find in the description box the links where you can buy American Silver Eagle, Silver Bars, or Rounds. I highly recommend that you start stacking some Silver Bullion for the future. The Fed's ultimate goal is total control and to prevent bank runs. Bank runs happen when people understand the implications of four facts: 1) Banks don't lend money; they create currency that did not exist the instant before the loan. 2) Depositors finances these loans, and the loans are a substantial multiple of deposits. The deposits are not loaned out. The amount of deposits are simply a number that is used to tell the bank how much new "currency" the bank can create. 3) One person's loan is another person's deposit . 4) There is NO "real money" in the system. When there exists insufficient real money to service all this credit, all those loans default...because it becomes mathematically impossible to pay them. Neither Central Banks nor CBDC solves ANY of these issues. They simply delay the credit collapse and thereby increase its impact. People won't have to work as hard as they once did for their binary 0's & 1's, which can be printed by virtual keystrokes. I wonder how the counterfeiters feel about this new paradigm? If the government goes digital, the only private crypto coins allowed will have to be government-approved, therefore tracked to the infinity digit. A cashless society is an enslaved society, and not that we aren't in bondage to the Fed already. It'll just be worse when every transaction will be tracked. Cashless societies are a statists wet dream come true. One, they want to tax you on every breath you take and every flush you make. Two, they want to negate the possibility of bank runs on a failing currency, war, hyperinflation scare, or calamity. Three, they want to turn you off if they don't like you. Four, they are going to jack taxes so high that evasion will become a new national pastime; the digital currency will eliminate evasion. Five, take my vaccine, or we will shut off your chips/cards. “Burkhard Balz, a German politician and executive board member of the country's central bank, said in a speech on Oct. 20 that it was crucial to build tools to restrict how the digital euro is used upon launch.” The catch is always in words, and sometimes they will give you a few clues as to what’s going on. They are preparing for the full-blown global digital system; actually, they are pretty much ready; just they make sure blockchain is in full swing. And now, with the populace preoccupied with stage 2, other nations trying to go through another lockdown, debt getting totally out of control, he speaks to a different audience. And I won’t touch on cryptocurrencies, for that is a bigger topic in itself. Be ready for that switch being turned off and on; reset is in full swing. Dollars are tangible. Credits are not. And when they take out our grid or communications go down, so does your ability to buy something. That means Everyone must have a phone or digital mark to buy something—no more physical currency. There is one and only one reason to dispose of cash. To give the bank cartel TOTAL control of overall finance, and coincidentally, all activity. They are devising overcomplicated and increasingly creative mechanism designed to confuse Main Street, making people feeling good, getting them to spend, spend, spend the money they don't have, and pray a miracle shows up, and the economy fixes itself. If not, this at least buying some time before it eventually collapses. The bonds were placed at a negative yield on the 10-year tranche! So in our next crisis, who is going to be buying all these negative yield bonds? Nobody wants these bonds for any length of time and is buying with the guarantee that the Fed will buy them back, and investors make a profit. That is why so many wanted them, and they knew they could turn a quick profit. No one in their right mind would buy otherwise. Smoke and mirrors just like the FED doing QE claiming they are buying $120 billion a month to ensure credit keeps flowing to households.But in reality, they are taking assets and their corresponding incomes streams from banks and crediting banks accounts, increasing their reserves held at the FED which they can do nothing but borrow against as this is not money as the FED cannot print and banks are not lending, increasing lending standards and buying treasuries and keeping some but flipping the rest to the FED for a profit. The whole thing is one giant scam as rates go lower, these dollar-based assets held by the banks and central banks, including foreign central banks, gain in value, and consumers and businesses get screwed more as they cannot borrow and savors and retirees who once depended on interest income to help them survive also get screwed by the FED and the banks! If only everyone would just wake up and overrun the silver/gold supply after they come to the sudden epiphany that their life's blood, sweat, and tears are represented by monopoly nothingness. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

👉The Fed to Start Depositing Digital Dollars directly to Each American Digital Wallet !!

noreply@blogger.com (Politico Cafe) — Thu, 24 Sep 2020 17:20:00 +0000

👉The Fed to Start Depositing Digital Dollars directly to Each American Digital Wallet !! The Fed to Start Depositing Digital Dollars directly to Each American Digital Wallet In an unprecedented monetary overhaul. The Fed announced that it is planning to send money directly to each American in the next crisis. The Fed will deposit Digital Dollars directly to each American digital wallet. The Fed itself will make direct deposits into Americans' digital wallets. The Fed is Preparing To Deposit Digital Dollars Directly To Each American through people's cell phones;So they then can give direct commands on what to do if they want another hit of cash. Free money! For the low, low price of your soul , autonomy and freedom! Get your free money now! Took longer than expected. Actually, It's not money but currency what the FED provides. The Economic Hitman has come home to roost and is now waiting to prey on his own. The Fed monetizing its own liabilities is the end. Just rewrite the Constitution to pay my mortgage and other bills, and free food too, and booze, and hookers. Thanks That was the goal all along for all these many decades of drunken sailor spending and other fiscal and monetary machinations. Ruin things to the point most people become dependent on government. Those that aren't would be demonized and demonetized. We're there. Break it under the guise of saving it. Give the solution, and then total slavery. Technocrats win!! It is by debt-rigging of nations that the cartel has assumed the control of most nations, and that process is what it excels in the most and has given them such power. The occurrence of the crash of the financial economy in 2019, and the further deliberately-accelerated crashing of the economy in 2020 with the lockdowns, is not a coincidence. It has all been PLANNED to dovetail together, and it results in another purely manufactured crisis to serve the ends of a group despots seeking, with the assistance of their minions and our sell-out governments, totalitarian control over world finances, resources, our nations, and our very lives. UBI !!!! Party on serfs! Now they'll know every purchase made, when, where, and who made the purchase. And they will tax everything!! And, eventually, the Fed could remotely destroy said digital currency when it so decides. Ultimate control. We're way past clown world now. They should simply raise interest rates - slowly, a few basis points per period - to incentivize savings. People could actually make money on their savings. Deduct earned interest from their digital money. People used to make money on their savings - it's called interest. Too bad interest has become even more barbaric than Precious Metals. They don't want savers; no banks do. They won't have good borrowers. The dollar was not designed to be saved. The digital dollars in people’s accounts will be on the liability side. Free debt for everyone. Cashless society on the way!! On our way to a new system, yet most Americans are too lazy and dumbed down to figure out the old system (central bankers printing money out of thin air to enslave the population). Bingo. FedCoin is cheese in a mousetrap. Big Brother will be complete. This end-game has been telegraphed for years. The common man must also be sucking on the Fed's teat for this colossal con job to work. The classic con job always involves implicating the target. It all sounds good and a utopia until your enslaved in forever serfdom. So the Central Bank now has the absolute ability to bypass the US government, which is elected by the people, eliminating any pretense of control of this government by the citizens. The limits they can implement in a system like this is endless. I can only imagine precious metals would be banned for purchase under a digital dollar, along with other commodities. If they can deposit, they can obviously track and withdraw and confiscate. And freeze your account for bad social scores. The Fed will shut you off. Now since every FedCoin will have a unique identifier and every portion of the FedCoin spent will have a unique identifier (Thank you BlockChain) traceable to its origin, wouldn't the Fed have the power to revoke or suspend the validity of the coins you have left forcing compliance for users of the FedCoin? No compliance means your ability to spend FedCoins, and any FedCoins you have are no longer spendable. Effing insidious. You won't be able to convert your fed coin to gold. The Fed will shut you off. Sorry citizen, your funds are not available for this transaction. In time, bitcoin and all other cryptos, they all be made illegal. Do you think the Oligarchs are going to let a bunch of randos become billionaires and keep their cash? The problem with cryptos is, at some point, you need to exchange crypto to non-crypto. All money flows back to the banks seeing as money is debt, so any business has to pay the banks back in their currency. That means that although the end-user can purchase in crypto, someone down the chain has to pay someone (or the bank) in US dollars. Therefore, you can't have an alternative currency in the current money system because eventually, the money needs to be US Dollar, and as such, it's not hard to kill off for real-world use. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to click the like button. And as You know friends, I rely on your donations to keep this channel functional; as you know, it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. Soylent Green tastes the same no matter which side of the fence you are on. So this is likely the final plan by the globalists to completely control everyone's money and accounts. They steal trillions and gives us dust particles. A strategy like this will destroy the desire of any sane individual to save for the future. And to think they haven't learned yet from all the harm they have done to working people, savers, and retirees in our country. Just deposit $1,000,000 of these digital dollars into each American's account and be done with it. We’ll all be millionaires overnight. Just like Zimbabwe millionaires that starve in the streets because you have to be a billionaire to eat. Fed: Helicopter money will only be deposited in a digital currency bank account. Fed: "You will have a digital currency bank account whether you like it or not." Fed pricks will probably have an expiration date on that BS currency; if you don't use it by a certain date, it'll simply expire. Poof, it's gone!! Money invested wisely generates future positive cash flows, and so the economy grows, and prosperity reigns supreme. Money given away creates a moral hazard by incentivizing people not to work and creates poverty. We are heading down the path of massive poverty. The entire country will be like one big city ghetto. We need to break up the Fed and start anew with sound money, the incentive to work, strive, take risks to get ahead. Leave them with their Venezuela MMT (Monetary Madness Theory). Before anyone takes a penny from the Government, better take a look at what has happened to the unfortunate landlords that took the free rent money. In New Orleans and the surrounding areas, if you took the free money, you are now providing rent-free housing. It is a race to the bottom. All countries need export and want a weak currency. And all governments want to spend now and pay later. The time is drawing near where we have one chance to make this whole again. One bloody upheaval. If we slip into this electronic, immoral, digital prison, any hope for humanity will be lost for a long time. Be VERY CAREFUL with this. Both House and Senate have bills waiting to come up that adopt a US digital currency. If the Central Bank criminals would steal $50 Trillion since 1971 from Americans via inflation and interest rates, think what they could steal if they control all your money. Remember, the IRS was created to pay interest to the Fed DIRECTLY for the interest on our sovereign debt they borrow to our government. Their Ponzi scheme would CONTROL ALL MONEY AND PURCHASING POWER OF EVERYONE ON PLANET EARTH. Imagine taxes coming right off the top out of your account, imagine debt/installments would automatically come right out of your account. And imagine if the Dimwits manage to steal our election and impose social crediting like China.Speaking out against the tyranny could render you a bad social credit score and impact what/where you could buy or even your ability to buy at all. Imagine even further - you refuse vaccination, and your account could be frozen. All we would have between us is underground barter that potentially could be determined illegal with capital punishment. We work. Our labor earns us payroll. We need to be in control of our wages for our work. Otherwise, we are mere slaves subject to the whims of the globalist. "If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered. I believe that banking institutions are more dangerous to our liberties than standing armies. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." This quote is attributed to Thomas Jefferson; there is no proof that he ever said it; regardless of who said it, it is 100% true. The next crises will be created by the federal reserve. They will collapse the stock markets, create the greatest market panic our generation has ever seen, and we will have no choice but to give them even more power than they have already been given by current financial crisis. All part of the plan to hand all financial power over to this international banking cartel, with the federal reserve being only one tentacle of this octopus. But before they collapse all of the world markets, they want us to fall even deeper into debt, and more beholding to them by wanting us to spend even more money we don't have on stimulus. And the dow will reach new heights of 30,000 points. I expect this world stock market collapse to occur later in 2021 at the very latest. And the end game is to force the world to abandon national fiat currencies, including the US dollar, in place of this international banking cartel's one-world digital currency. And their world power over the people will increase tremendously, since those that control the money of the world control the people of this world. If you're not stacking food and supplies to the rafters. Well, then you're really not prepared for what's coming. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

👉This is How Gold and Bitcoin Could End The Fed

noreply@blogger.com (Politico Cafe) — Sun, 19 Jul 2020 22:05:00 +0000

👉This is How Gold and Bitcoin Could End The Fed

Money can be printed. Wealth cannot. Printing money is quite useful for transferring wealth to the bank cartel, as they buy up distressed assets with money created out of thin air. Gold will end the Fed. Borrowing usury money instead of making our own currency with no interest cost as per the US constitution! We had a friggin tea party revolution in the US over one tax! Money printing doesn’t really add anything to the economy. In effect, money derives its value from the production of goods and services. Everything that’s produced gets divided up based on the amount of money in the system. The one main reason for the US Dollar fiat currency's stability is because it's used as a global reserve currency. After Bretton Woods, the US rode the global growth train and could benefit tremendously as a result. The idea that the United States, by itself, reflected the strength of the Dollar is simply wrong. Controlling the global reserve currency used for the majority of international trade allows for a great deal of skimming and self-service, which is precisely what the US did for obvious reasons. Now that gravy train is slowing down, and reality is starting to set in. All countries that have tried to mimic the US economic model of never-ending expanding revolving credit have bankrupted themselves. Examples like Argentina and Greece prove that this model is unsustainable and, yes, even for the United States. The only reason why the US has managed to avoid its meeting with destiny until now is precisely that it has been linked to global trade, whereas other countries have had no such option. Now, as global trade is falling and many countries and regions are abandoning the Dollar, it is just a matter of time until the US follows in the footsteps of all the smaller countries that adopted its never-ending revolving credit economic system. This wake-up call will be brutal, and Americans who have been spoon-fed the idea that their economy is superior to all others will too late realize that they've been deceived all along. Eventually, we will part ways with the Saudis (who support the Dollar with dollar only purchases), and if we are not prepared to shift the Dollar to being backed by something other than oil, we are truly going to get reamed with hyperinflation overnight. Global demand for oil is 99% why the Dollar has not gone into hyperinflation yet, but regardless, the Dollar should be updated to a more high tech medium anyway. None of the Fed's money printing is actually helping the economy – not in the long run. It’s not like the central bank is putting real products into the economy. It’s not creating wealth. It’s not adding resources. It’s not creating anything of value. It’s just inflating the money supply. If you just increase the supply of money, it doesn’t do anything to change the supply of goods and services. So now, when you divvy those goods and services up, you just have to assign a higher price to all of those goods and services so that the market clears. But nothing of real value is actually added. Contrary to popular thinking, it does not follow that one can lift economic growth via the printing presses. When money is printed—that is, created “out of thin air” by the central bank or through fractional reserve banking—it sets in motion an exchange of nothing for money and then money for something. This results in an exchange of nothing for something. An exchange of nothing for something amounts to consumption that is not supported by production. When money “out of thin air” gives rise to consumption that is not supported by preceding production, it lowers the amount of real savings that support the production of goods of a wealth producer. This, in turn, undermines his production of goods, thereby weakening his effective demand for the goods of other wealth producers. The other wealth producers are then forced to curtail their production of goods, thereby weakening their effective demand for the goods of yet other wealth producers. In this way, money “out of thin air” that destroys savings sets up the dynamics of the consequent shrinkage of the production flow. Observe that what has weakened the demand for goods is not the sudden and capricious behavior of consumers, but the increase in money out of “thin air.” Every dollar that was created this way amounts to a corresponding dissaving by that amount. As long as the pool of real savings is expanding, the central bank and government officials can give the impression that loose monetary and fiscal policies drive the economy. This illusion is shattered once the pool becomes stagnant or starts declining. What enables the expansion of the flow of production of goods and services is savings. It is through savings, which give rise to production, that demand for goods can be exercised. There can be no effective demand without prior production. If it were otherwise, poverty in the world would have been eradicated a long time ago. 1) The fed isn't an American institution. 2) The banksters control the policies, with input from the black nobles and the Vatican. 3) The banksters control the policies, through bribery and blackmail, up to and including the pandemic. 4) The end goal is total enslavement, and it is getting extremely close. They control the oversight on extreme capabilities to monitor and track everyone; they are constructing 5G, which can target, cripple anyone. And they have control of the American army by proxy, as they control the leaders of that army, not the American people, who are sick and tired of endless wars, destruction, plundering others' resources, and general mayhem done in their name. All politicians are bought, blackmailed, adrenochrome, whatever it takes to compromise them; the rest are suicided, cancered out, or removed some other rotten way. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, I rely totally on your donations to keep this channel functional, as you know, it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. The banks are getting nervous, hence the dividend limits last week. No doubt ooo's of nonperforming commercial loans now in jeopardy. Expect quiet runs in the next few weeks. Keep an eye out. A 'speedy' recovery is not part of the Deep State plans - otherwise, they would not have unleashed their economic armageddon - (under the guise of a pandemic) in the first place! I'm looking forward to sleeping out under the stars! Stay mentally and physically fit! The obese and the mentally ill won't survive what is coming! It is all about control. For sound money, there must be no institution or persons that can control its issuance. As a layperson, I can be a creative entrepreneur, carry out honest work and be thrifty; all good virtues, but there needs to be a fair reward. If I save the fruits of a day's labor, I want to know it will have the same purchasing value at some point in the future. Technology and demographics are a risk that this may be affected adversely or positively, but if the money is debauched by a third party, they have stolen my wealth and destroyed the incentive for thrift. Physical gold, silver, and copper used to provide intrinsic value for trusted transactions and had the added benefit of anti-bacterial properties. A modern economy cannot function solely with physical coinage, but digital currency must be backed by gold and/or other commodities to have trust. As we de-globalize, there will be some nations that preserve their fiat debauchery and others that have hard money and perhaps a gold standard. It is going to be a period of financial chaos and a return to capital controls until some replacement on the lines of a Bretton Woods convention is agreed upon. It really doesn't matter what you want to anchor currency to because any economy, in the end, reflects what is really of 'value,' and that is work. Suppose everyone agrees that a week's worth of certain labor equates to a certain amount of gold or silver or oil or wheat, then all other services and products will be set accordingly. The point of an economy is to allow and support transactions of work/products. The faster and more numerous, the healthier. This is so obvious it shouldn't even have to be stated, yet economists take the view that they need to control and regulate this because, of course, their position is to skim and act as parasites on top of this. Don't forget that governments produce nothing at all. They at best redistribute funds for some political and hopefully altruistic goal of helping to equalize society. They act as a brake on the economy, and the idea that governments can regulate and optimize things is a fallacy that Keynes helped institutionalize. It is the central planning economics light that has distorted and perverted economics to the point where today everything is about crony capitalism and neo-feudalism again. The fact that we see serious discussions now about what's called Modern Monetary Theory MMT only shows how far this deterioration of understanding has gone. The whole idea behind MMT is so monumentally stupid that it beggars belief how anyone would even consider it as nothing but a statist's wet dream towards central economic tyranny. So the ideas I am bundling together go like this: 1) Use a chain block-based cryptocurrency medium similar to Bitcoin to replace the 'credit note.' 2) Back it with a basket of commodities and equities that can be redeemed at a physical US Federal Reserve bank in a combination reflecting values at the time of redemption and chosen by the Federal Reserve. 3) The basket of commodities and equities would be balanced so that whether the global economy is in recession or inflation, the EDollar stays stable. So, for example, the commodities side might be made up of gold, silver, copper, rhodium, and platinum for precious metals, and Bitcoin, Litecoin, Etherium, Dash for cryptocurrencies with US Treasuries for more stability. This set of ten is to be things that go up in price with a downturn in the markets and vice versa. The opposite ten Equities and commodities that go UP with the markets would be some indexes on the DJI, S&P, NASDAQ, Top Four Retail stocks, and rounding out with oil, wheat, and thorium for consumption commodities that go up with economic activity. These components would be purchased by the Federal Reserve and built into the EDollar using fractional reserve credit ratios. 4) Initially, these components would fluctuate to keep a pegged value with the US dollar (not e-dollar), and the Fed would track its composition for a few years in a testing or data gathering period of time. Then, in reaction to a change in the oil markets, or just because the Fed feels like it is time to, we reverse the relationship, using averages over the testing period to establish a fixed proportion for the EDollar that would float without being pegged to anything other than its component parts. The physical cash currency would be pegged to the EDollar instead. The advantages of doing this sort of thing would be that it can free us from dependency on the oil markets while it would also remove a requirement to purchase large reserves of physical commodities. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

The Coming Pension Crisis will make the Pandemic look like a Party !!

noreply@blogger.com (Politico Cafe) — Mon, 15 Jun 2020 19:05:00 +0000

The Coming Pension Crisis will make the Pandemic look like a Party !!

The US pension plans warned they would run out of money by 2028. At the moment, a number of US public pension plans have barely recovered - if at all from the 2008 financial crisis - now to be hit with the continuing economic fallout from the corona-crisis and domino effect of historic unemployment. An alarming report in the Financial Times warns that seven major public pension plans are due to depleting their assets by 2028. The retirement crisis will make the pandemic look like a party. So many, for whatever reason, have no savings at all. They will vote to be helped. The Medicare trust fund will run dry as early as 2023. Payroll taxes and premiums will go up, while benefits will go down, or some combination of that. Social Security will use up the trust fund by 2034. The national debt is projected to be 50 trillion by 2030. We'll have to print more money, meaning inflation. No politician has even pretended to address these hot potatoes. I'm not saying it will all play out this way, but it is undeniable we will have many, many, many millions of seniors that will not be able to provide for themselves. Almost a third of Americans say they may never retire because of coronavirus hardships. This country is in for a bigger crisis, with so many Americans having zero savings and getting older. The Social Security issue MUST be dealt with NOW too. It's due to run dry soon. The Covid-19 pandemic has crippled economies all around the world. From healthcare disasters to black swan financial events, it has been quite some time since the future has seemed so bleak. The politicization of the virus is the problem. And all meant to destroy the economy. According to a story originally published by CNBC, this widespread financial strife has caused more than one in four Americans to raid their retirement savings. "40% of Americans Have Less than $1k" and "75% of Boomers Have Less than $10K for Retirement" and "Boomers STILL Carry More Debt than Investment and Savings. Only about 10% of the working population has ANY savings to speak of. This is the only generation less prepared for retirement than they were even two years ago. A 2018 study by Northwestern Mutual reported about 1/3 of people nearing retirement had less than $5,000 saved for retirement. As a society, we are not generally well prepared for old age or retirement. Yes, some people grew up with smart money parents, others did not, so we had to learn on our own. Teaching money management and financial investing, a good budget, etc. is absolutely necessary. These are survival skills that an educated society should provide their citizens....don't leave it up to chance or we will pay the consequence. ALL Americans will retire. It just depends if it fits on your terms or not. At a certain point, after being let go and unable to find another job, you are retired. If you're self-employed, you can work as you want. Some folks go till they drop. If the pandemic accelerates, "retirement " will come with an oblong box or cremation. You may plan to never retire, but believe me, you will for one reason or another. Start saving money, cut the cable bill, the telephone bill, the vacations. Don't buy an expensive car. Believe me, you will retire someday due to health issues or just because your employer wants a worker who is younger, healthier, and will accept less money than you. A lot of people will likely be forced to retire. A lot of jobs will not come back, and when they do, you can bet older workers will be the last hired. Corporate America has no need for you past age 60. Many of the 55 - 60 years old are being forced into retirement early because of the virus. They have been laid off with no chance of being rehired. They don't show up on the unemployment numbers, but they are here. The unemployment figures are false and much worse than indicated. By 50 years old, you should be prepared for retirement. I can't believe how many people think they can start saving for retirement "later." "Later" is promised to no one, stupid not to start immediately. Besides, wealth is a function of time and money, more time, less money, less time, much more money (contributions). Time marches relentlessly on, it can either be your friend or your worst enemy. I know many folks 50 and up that were laid off during the great recession, never to have found a decent paying job again, and the same is going to happen again now. Then you've got a significant chance of becoming disabled due to illness or injury. Maybe your body just gives out you can no longer do your physical job any longer. If you've waited, it's too late now. If you want to talk presumptuous, it's assuming you can save "later." THE PROBLEM IS NOT THE VIRUS BUT MONEY MANAGEMENT. IF ONE IS NOT TAUGHT AS A CHILD TO RESPECT MONEY, THEY WILL BE AND STAY POOR. If one event can ruin your retirement, then you didn't plan very well to begin with. The simple truth is 45 years is either a lot of years of good decision making or a lot of years of poor decision making. There's going to be a huge spread between the 65+ haves and have nots. It seems each new generation becomes lazier than the previous one. They want more entitlements, but they're less productive. The newest working people, those just graduating from college, got a good lesson of what living paycheck-to-paycheck will do. Hopefully, they will understand not having a subscription or two, having the newest smartphone to order your coffee and leasing the BMW isn't so important if you have zero savings of some kind. If you are working and unable to save at the very least 10% of your pay, then you are spending too much. Or you're not making enough. Saving is not a hard concept. Savings takes self-discipline. The key was (still is) don't spend a lot of money on depreciating assets like cars and clothes. You gotta live within your means and save for the rough times. People were crying the second week out of work with no paycheck. These people are obviously doing something wrong! If 2-3 months laid off, and possibly making more in unemployment/stimulus money has ruined your retirement, you were already a financial wreck before coronavirus. Simple rules: 1) Live below your means - not just within your means. 2) Purchase items used if possible, such as a car. I only purchase used cars and keep them for 5-7 years. I do purchase new cell phones, but I keep those around three years on average. 3) Have at least three months of emergency funds. More is better, but three should be the minimum. 4) Invest early and often. 5) As you get older - and closer to retirement - slowly switch a percentage (40-60% depending upon your specific circumstances) to more secure investments. 6) Take on as little debt as possible. I do not know what my credit card rates are as I always treat them like cash and pay them in full each month. I only take on debt if it makes sense financially. Regardless of your income, it is possible to prepare for emergencies and invest in retirement. It simply requires discipline to do so. Should have had some emergency savings in place to sustain you for a few months WHEN the economy goes south. If you're holding a nice smartphone, drive a nice car, and live in a house you couldn't afford, then you only have yourself to blame for having to work until you drop dead. Live within your means, plan for the future, and don't count on somebody else to come along and support you, because they (probably) won't. If you are having trouble making ends meet, here are a few tips. -Cancel unnecessary subscriptions, cable TV, Netflix, prime, etc... -Shop around to save on monthly services like insurance, phone, internet, etc... -Buy second-hand items whenever possible: cars, furniture, clothing, cell phones, etc... -Buy the lowest-cost, smallest house that meets your needs (not your wants). -Cut out unnecessary spending on restaurants, coffee shops, etc. Make your own meals, do the brown-bag lunch thing -Don't spend a lot on gifts. Make your gifts. It's lower-cost and more meaningful. -Don't do stupid stuff. -Shop around for a better paying job. Compare total compensation, including wage/salary, 401k contribution, HSA, health insurance. don't include BS benefits like pet insurance, free massages, or other things you don't need. -Don't buy pet insurance or spend a lot at the vet. What this virus has exposed is the lack of an emergency savings account and basic financial planning. And stagnant wage growth for the last decade has not played a role! When a person has no cushion, Covid-19 doesn't make much of a difference. Boomers do have one advantage, though. Our parents grew up during the Great Depression, so the idea of savings was drummed into us during our childhood. It doesn't mean every boomer learned, but many did. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. The pandemic did not create the "retirement crisis," it has been there all along. And the Federal Reserve Bank is not helping millions of retirees being made complete fools of with money in banks and credit unions at around .01 percent interest. They are being robbed by the Fed to pump up Wall Street speculation into the latest balloon. This is not going to end well. If the "Fed" stumbles and falls, which I think that it will, the wealthy will just run away from the Hindenburg Finance Disaster and just create another scheme, probably "digital" this time. Hardly anyone "saves" what the privately-owned Federal Reserve Bank can just create more on in minutes on computers or taking a while longer, printing up debt "notes." Most of us, myself included, will get badly hurt if this grand scheme of paper and computer digits crashes someday. The money given away by the government this year will reduce the value of your retirement savings by 20%; REAL inflation is that huge. The weak financial condition of seven US public pension plans threatens to deplete their assets by 2028, leading to severe risks for the living standards of thousands of American employees and retired workers. Many US public pension plans had not fully recovered from the 2007/08 financial crisis. As many companies work to regain their financial footing in the midst of continuing economic uncertainty caused by the coronavirus pandemic, a retiring worker’s decision to take either a lump sum or lifetime payments from their pension could boil down to one factor. Whether they think the employer will be able to meet its long-term commitments. There are over 5 trillion dollars in 401k's, and you can bet the government is absolutely salivating over the possibility of taxing it or even confiscating it "for the greater good. Using 401k law to fund retirement has always been perilous. While the current stock market drop is understandable, many market swings seem baseless, and the result of both can and do ruin retirement plans with no fault of the retiree. There should be a law that companies must contribute to a funded retirement plan run by the Federal Government. In most developed countries, something along this line is done, and since all those countries and companies within those countries figure out a way to be competitive, we should be able to figure it out also. Last, the law must include a provision that the Government cannot use the funds for any reason other than to disperse retirement money. People have spent 40-50 years applying themselves. At what point do they deserve to start living? They gave their best years to this country, and in return, it spat in their lap. The elderly should be taken better care of in this country. They spent their entire lives working for corporate America. It's time for Corporate America to pay them the thanks that they deserved. That pitiful living wage during their best years is not enough. A lot of working people don't realize how much of a burden debt is as it's become a way of life. Maybe this pandemic will make us realize that just because we want something, it doesn't mean we have to get it. Freedom from financial stress is what we should aim for. Let's be clear. Not only were Americans not financially prepared for a pandemic, but Corporate America wasn't either. How many businesses, both big and small, are shuttering their doors. Businesses couldn't afford to keep paying employees, rents, etc. any more than the average American could keep paying for their basic expenses either. I hope the finger-pointing and BAD CREDIT judgments get reined in. Being a consumer-oriented society, we have been pushed to the limits to spend. A capitalist nation depends on the consumer to spend and spend more. However, recently, due to the ongoing lack of confidence in our economy, many people have turned to save instead of buying for buying's sake. This has sounded alarms in corporate boardrooms. Their goal is to get spending back on track. Larry Kudlow mentioned that the retail sales numbers would be great for May. But, he failed to include that much of that spending was done with stimulus checks. He also didn't state that credit card spending was also up. People are resorting to Credit Cards instead of cash savings. What happened when the stimulus ends and credit cards get maxed out? The pandemic brought an important lesson home to everyone. It has taught us that anything can and will happen and not always good. You plan a budget, then try to stick to it, set aside some money for emergencies, and prepare for the future. Generation X's have a long time to retirement, so they have time to recover from the downturn in the employment market. It will be slow at first. I think we'll be told one day to thank God our president is saving the economy by issuing new, strong money. We'll be told our non-patriotic old money will not be good after a certain date or after a bank holiday. At that point, if it happens, spend ALL your old money on food. After that, I can't tell you. Good luck! Save money. Money talks during a disaster, including finances. Most people put way too much faith in the stock market. Quick gains also open you to quick losses. Buy gold, Silver. Stay away from this market for now. Just wait for the burning smell of speculators to get a sniff of what is heading our way. Markets are way overvalued and will see a massive fall. There is no justification for stock prices when the entire nation is still suffering from this Virus. It is not going away because Trump says so. We haven't seen anything yet until the fall, which is only 16 weeks away. This virus will haunt us again worse in the fall. The FED response has been almost criminal yet continues to persist. I think we may finally be at the breaking point of this fiscal policy since too many people are using it to speculate on values going up no matter what based on FED support, which has created an enormous bubble that can only be addressed by either reducing support, or a massive collapse. A 2nd wave is guaranteed here in the states. The second wave of virus + Riots = stock market's doom. This was The Atlantis Report. Please Like. Share. Subscribe. Leave me a comment. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

👉 The Stock Market due for a Crash , Facebook releases Libra , The Fed behind the Robinhood App !!

noreply@blogger.com (Politico Cafe) — Sun, 14 Jun 2020 20:21:00 +0000

👉 The Stock Market due for a Crash , Facebook releases Libra , The Fed behind the Robinhood App !!

There are no investors in the stock market; there are only gamblers. The only reason you buy a stock is because you think the price will go up, and the only reason somebody is willing to sell you that stock is because they believe the price will go down. One of you will be wrong, but by the time you figure out who is right and who is wrong, one of you will have cash in your checking account, and the other will have a piece of paper called a stock certificate. Apparently, every generation has to learn the hard way about stock market bubbles, and now it's Generation Z's turn while they're stuck in lockdown with their Robinhood app. But, this stock bubble is exceptionally obscene when the real unemployment rate is over 20%. Always arriving but somehow, never getting there. It is a sucker's market, folks. It is rife with amateurs buying bankrupt companies, companies heavily in debt - all in the middle of a Recession (more like a depression), under the belief, that you buy low and ride the crest to the top with this supposed, "V" recovery coming! Meanwhile, the seasoned investor is out there, knowing fully, that all hell is going to break loose and it is going to be an "S" recovery, with a highly "juiced" (by the Fed) S&P to give the appearance, that a recovery is in full swing. Run the other way, or you WILL LOSE your shirt! The Federal Reserve is what really propping up the markets. They went on a buying spree to purchase billions in corporate bonds to save corporate America, mostly through ETF's. In fact, Blackrock, Inc. recently came under scrutiny for its cozy relationship with the Federal Reserve, who has bought more stocks through them than any other asset management firm of its type. Now they started buying corporate bonds through ETFs.This will most likely turn like Japan, where the Fed is buying stocks. Stimulus money always ends up in the market. Corporations are buying their own stocks with the free money. The FED just injected 5 trillion and bought every failing asset in the US. The Fed can basically do whatever it wants with no consequence to the Fed. The consequences will fall on the rest of us. What else is new? Nepotism. The US taxpayers will be responsible for paying the trillions in additional debt. Why has the stock market soared? Because originally, the Fed has supplied cash to bolster the economy. However, stray cash is going into the stock market. Also, human beings' greed has been overriding all kinds of concerns about the dismal economy. Greed has created rampant speculation. Therefore, all gloomy economic indicators are meaningless to people. Actually, they have intentionally turned away from the gloomy data, seeing what they want to see. This is why the stock market has been skyrocketing, even without the recovery in the economy. The oversupplied cash and greed have separated the stock market from the economy. The Fed's prime directive is to maintain inflated high stock market prices to continue the Trickle Down Economics, while publicly denouncing the trickle-down concept. I look at buys on these companies. No way individual investors can buy 100000 shares of these stocks. The money involved has to be from institutions. How anyone can't see that is beyond me. Fed working low volume at night bidding against themselves. Your tax dollars at work. People have figured out the pattern buy at closing sell in the morning. Just to be clear, we are still in a bear market. We just had the bear market rally. Implied P/E on DOW is almost 25. We have a long way down to go. Everyone knows the market can't go up another 10% this summer, the Fed stimulus is factored in, and so this will all die off, and we'll start seeing the more typical market actions with the occasional pop and drop on some news. The stock market is amoral and has no care for anything except profit. I just cannot see how this is sustainable when it’s fuelled by a Ponzi scheme. If the market keeps going up, then I would bail out in October before the election. It just feels like something is going to pop a relief valve this year. It looks like it is finally time to short the market. Robinhood is probably none other than The Fed and their magic money printing machine. A clear sign we are on the verge of The Great Reset. Bizarro Robinhood App is rigged to steal from the poor and give to the rich through stealing their trade data and selling to Wall Street to further manipulate on their Not Level Playing Field. These commission-free trade apps are designed to steal from the poor and give to the rich by selling their data to Wall Street. How do we know the Fed hasn't figured out a way to open a million individual trading accounts with Robinhood? Buying stocks directly now, are we?... The Robinhood meme is being used to generate FOMO. Don't be fooled by the propaganda. It's a honey trap. When the elite let you into their rigged game, it´s because they need suckers before the plug off. All these retail gamblers will end up squeezed. This is what happens 90% of the time to gamblers: tiny win, win, win, big win, huge loss. GAME OVER. Thanks for playing. The Fed is propping 401K and retail. This time the suckers are winning. As of June 10, the S&P 500 was up nearly 1,000 points since its low in late March. There's a lot of economic uncertainty abounding these days. The US market had soared about 30 percent since the trough, driven in part by record amounts of the central bank and government stimulus, leading to worries the rally had become too detached from economic reality. In the face of a breathtaking disconnect between Main Street and Wall Street, largely based on overconfidence in free money, my sense is that there remains a crisis ahead that will emerge ‘gradually and then suddenly. Things go up until they don’t. I’m more bearish than ever right now. So if the momentum changes, there will be nothing to support these overpriced stocks. In other words, get out before the rest. Never try to call the top or the bottom. We are much closer to a top than a bottom, so the greatest risk is to the downside. They NEED MORE TAXPAYERS MONEY TO BURN IN SPECULATION AND SHORT SALES. THE HELP GIVEN RECENTLY ALREADY went up in SMOKE! We are in a recession already. Forty-two million filing for unemployment- bailouts for everyone. Five trillion deficit and plenty of failing businesses. The V-shaped recovery is no longer likely. I think reality will sink in around the end of the 3rd quarter when the extra unemployment benefits run dry, and unemployment is still high. I think real estate is in for a big shock between now and year-end. Logic has left the market when people think Hertz is still a buy. Fabulous and permanent losses coming for inflated B.S.market. It is going to be catastrophic for we the people, as every 401K in the country is tied to these stocks. Not to mention the Pension Funds in general. EVERYTHING in this market is RIGGED FOR THE RICH!!!!! WAKE UP AND LOOK!!! THIS IS NOT A FAIR MARKET IT IS RIGGED FOR THE RICH!!!! AND STUPID PEOPLE SUPPORT IT! If you hold any of the stocks, you better sell them fast. I would stay clear of this market. They will steal your money. It is all digital. They see you, worse than a casino. You are not in the Illuminati insider trader mafia; they will steal your money. Charts change direction as soon as a pigeon (non-mafia person) “invests” with the market scam. IOW, all of the 'algos, quants, BTD, data analysis, charts and graphs, ad nauseum' were horse manure. Only really long involved and huge money players like Warren Buffet and Carl Icahn and their ilk who occupied the rarefied atmosphere of finance ever made any real money. And that was because of their longevity, their access to insider information, and their reputations as 'financial geniuses' and finance-world A-listers. Kinda like how Tom Cruise and Steven Spielberg are Hollywood A-listers, whose longevity, records of success, reputations, power, etc. give them access to the money and resources for movie-making that some bit-part actor could never achieve. IOW, the whole finance game has for many years (since the cabal gained total control over Wall Street and our government) been a rigged casino game in which only the A-lister power-players win. And the rabble retail investors in fly-over country lose. The 'data analysis, algos' and all that other horse manure were just bright shiny objects to make the rabble think that the game was clean and not rigged and that they had a chance in the investment game. I have one tulip-bulb that I will sell for two riverside town-houses!! Everyone seems to have bought into this "Fed will save everything" and "it will be a repeat of 2008" mindset. The issues I have with that are, in 2008, the Fed stuffed money down the throats of big business and fattened up already fat accounts so that their books looked good. Once the crises were deemed over, those corporations used that money for buybacks and various other schemes to boost the stock and enrich the upper management. Today the environment is much different. Instead of fattening up accounts, the Fed money is being used to keep corporations solvent, and much of it is being rapidly spent. Corporations are taking in massive amounts of debt to add to the already massive amounts they racked up with their self-enrichment schemes. All this debt will weigh heavily on earnings well into the future. Bottom line is, if "Investors" are "betting the house" on a Fed fueled explosion after this is over, they may be disappointed, as the money to do that has already been spent... People say that the market is a forward-looking indicator and always rallies six months before an actual turn in the economy. The truth is that it is almost perpetually in rally mode, and like a broken clock ( hit and hope), it eventually gets it right. We may still find ourselves testing the bottom. The main driver of stock prices is supposed to be earnings and revenue. This year's earnings for most companies will have a significant decline. Many company's earnings in 2021 will be lower than their earnings were in 2019. In the near future, the big players will reverse and start shorting the market and push stock prices down. Spikes in every state reopened, and we have yet to see the effect of the mass protests. Earnings are the core driver of stocks over the long run, so this short-run speculative bubble that has been created will soon pop. Hopefully, you did what a lot of people did on Friday and take some profits and put some cash on the sidelines. I wouldn't want to be a margin trader in this market, and no, just because you defy all logic and your stock still goes up, that doesn't mean you're good at picking stocks. That just means other gamblers are playing the same losing bet. No bear market. No bull market. This is a kangaroo market. Pullbacks and rotation by those faceless criminals! Where is SEC now? The only way to stop robbing pullbacks is to investigate and arrest those criminals (the worst kind - those big trade firms) behind selloffs and meetups. So-called market is the kind of Ponzi scheme, as old and dirty as, if not more than prostitution. Our whole market is smoke and mirrors. Stocks of bankrupt companies going bananas despite companies being broke. USA service economy, will not give real jobs to real people. Businesses aren't paying their rents; landlords aren't paying their mortgages. Fed is propping up the banking system while forcing everyone to pay their debt. Forbearances are coming to an end soon. Let the banks fall and restructure them later. We need a debt jubilee. We are running out of options. Rebuild the middle class and give them some wealth by letting them stay in their homes. This is the reckoning of over 30 years of stagnant wage growth, stagnant purchasing power, the destruction and outsourcing of good-paying jobs, industrial de-investment in the U.S., debt pyramiding, market manipulation, central bank planning, speculative stock investing, the ability to borrow money on the cheap, massive wealth consolidation in the form of inflated stock and asset prices..... All leaving our economy in a fragile state and the average worker most vulnerable to the pain of a collapsing economy. The world's wealthiest and most powerful country (we keep telling ourselves that) couldn't figure out a way to keep 40 million people employed. What an embarrassment. Aside from that, If you want to ride the madness and make a buck out of it. Facebooks Libra coin just got released 1 hour ago! You should get some fast because they have a sale at the moment, but it could be over soon because everyone is buying in. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Where would the market be if companies' policies not dictated by stock price, no stock buybacks could be done, and QE was not 6-10 trillion dollars, and some type of common accounting practices were actually used. I want to say the market would be around SPY: 40-60. I think its like 300 now. Got as high as 330. Just kept going up and up and up. No chance to ever get in. Because when it does go down two seconds later, they come with the firehoses and dump a shitload more money on it. You have like 2 minutes to make a buy before its right back to where it was. No thanks! Rigged Casino, with algos, front running bid and ask. How can it even be called a market? It doesn't even resemble one. It is just some tainted fake ATM that just spews out fake cash nonstop. The heart of the problem lies back in the '70s when the Fed, along with Republican and Democratic senators pushed bank "reform," which just repealed major acts that regulated the banking industry, monopoly laws, etc. Along with this came the removal of the gold standard in 71, which then started the printing frenzy, and the stock market exploded (alongside gold, unlike now). The QE/Stock buybacks/TARP is just what happens when the tide rises, and the rats start to flee the ship. It is essentially the beginning of the end of the US dollar as a global hegemonic currency. If you got rid of the buybacks, QE, etc. you would just prolong the inevitable by a few decades, but the rot is still there. The FED still has complete control, still unelected, still deciding how much money to pillage from future generations to keep the system solvent. The algos and High-Frequency Trading are just one way the large institutions can further steal down the chain. The Fed steals and sends the money to the banks. The corporations steal by getting credit with little interest, pumping corporate paychecks, and paying 0 taxes. The algos steal even more blatantly by getting essentially premier access to the stock market. If you think Forbes 100 is correct, think again. I'm 100% certain there are individuals walking in the US today whose net worth eclipse Bezos and Gates, yet no one knows about them. Think about being in control of where $5 TRILLION goes to. How easy it would be to send just 1% of that money through various entities to a private bank account in the Bahamas. COVID 19 is about engineered economic collapse meant to accelerate bringing in the new monetary system. The new system is not currency; it is a credit system that will give the elite even greater control. The goal is control, whereby humanity is transitioned from freedom to slavery. If you know anything about the present financial system, you know that is already the case; however, the new system will be many many times worse. By cooperating with the COVID narrative, we are accepting a slave system that the vast majority cannot even comprehend at this point. The next President will be blamed for our out of control debt, the high unemployment, etc. If I were Biden, I think I would say no thanks for the opportunity, but I'll pass! Let Trump deal with the mess that he has created! Many have fought the Fed; few are still alive to talk about it. This was The Atlantis Report. Please Like. Share. Subscribe. Leave me a comment. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

👉Sovereign Debt, Matters : We are in a Fat Ugly Monster Bubble !!

noreply@blogger.com (Politico Cafe) — Sat, 13 Jun 2020 20:51:00 +0000

👉Sovereign Debt, Matters : We are in a Fat Ugly Monster Bubble !!

Total U.S. debt reaches $55.9 trillion amid significant increases in corporate and government borrowing. Total domestic nonfinancial debt jumped by 11.7% to $55.9 trillion, the Fed said in its quarterly statement on domestic financial accounts. The debt had increased by 3.2% in Q4 of 2019. The biggest debt gain comes on the business side, rising 18.8%, while federal government debt also jumped 14.3%. Total federal debt recently passed $26 trillion. We have raised 96% of that debt ($24.5 TRILLION debt) since 1981 or less than 39 years ago. It took the US over two centuries to accumulate its first trillion dollars in federal debt, a number which was surpassed for the first time in the fourth quarter of 1981. What is stunning, however, is the recent pace of increase: total debt was "only" $23.5 trillion on March 23, the day the Fed unleashed unlimited QE, meaning that in two and a half months, the US has added $2.5 trillion in debt. And the punchline: the US added the last trillion dollars in the shortest time on record, achieving this remarkable feat in just one month, since May 4, when the total debt was just under $25 trillion. We added an extra trillion in just last month. That means the debt will double by 2022. Imagine if the average middle-class American planned on doubling his debt by 2022. What could be bought with money totally another mortgage balance, student loan balance, car loan balance, and credit card balance. We're talking $500,000 or more plus salary, to spend in just two years! The COVID effects are starting to snowball down a hill. Wait until the forbearance period runs out, and housing gets sucked in. The roller coaster is just getting started. Fiat bugs and mutants who say debt doesn't matter are going to find out the hard way that debt does indeed matter. The new slogan, sovereign debt, matters! We are 26 Trillion dollars in debt. The government has agreed on a stimulus of 5.5 Trillion dollars and another 3 Trillion dollars next (8.5 Trillion dollars so far). This basically means that our national debt is going to be in 30 Trillion dollars range. Household debt rose 3.9% due in large part to an increase on the mortgage side of 3.2%. Consumer debt rose 1.6%. Only Private-Citizens with Student Loans get NO BANKRUPTCY PROTECTION. I give it a couple of months when the credit cards of the people who are already maxed out stop working, and there's no new income to pay off the minimum. Meanwhile, food will be more expensive, and EBT benefits will not rise in tandem. From 2016-2020 we have tripled our budget deficit and increased our national debt by 20%. Future generations are going to have to pay for this. It's very clear that EVERY President keeps adding a few Trillion dollars, and more specifically, Trump and CoronaVirus are adding a lot of Trillions of dollars to our national debt. This debt is like an ever-heavier weight spread across a population that isn't growing, and eventually, the policies of avoidance will crush whatever is under it. There is NO WAY we will pay off the national debt. We will simply pay the interest until we can no longer even afford that; then it's a complete collapse. The big cities will go first and hard. Supply chain disruptions will be massive, and the cost of living is off the charts, so people will get behind the eight balls almost immediately when the people who are living above their means suddenly lose their income. Then come the street gangs. There is a reason Trump is activating National Guard on the east and west coasts, and it's not because they are fighting the virus. The Collapse is inevitable. No politician has the guts or brains to save the current system. The time to protect whatever wealth you have is now, as stagflation and eventually, hyperinflation will wipeout whatever value is left of the U.S. dollar. It will never get fixed until the system collapses. Talking tax increases and benefit cuts does not win you votes. Trump wants to be re-elected if that means financial collapse and the middle class destroyed, so be it. Maga! He said he was the King of Debt, and he ain't lying. Winning! Which is why there is exactly NO alternative to saving in gold. "Investment" is dead anyway. Return on Investment has been reduced to zero under a flood of printed paper credit. Bank accounts are certificates of confiscation. There's zero yields anywhere unless you are prepared to accept the enormous risk, and real-terms, organic "economic growth" has been gone for years, never mind what the useless "GDP" data releases blurb out. Just put the debt into the stock market like the rest of us. No risk and unlimited money! We're ALL gamblers now, bettors because that's all that is left. The Weimar Republic will look like paradise compared to what's coming. Extraordinary to me how the average Joe really has no clue about the epic seriousness of all this. Printing still requires supplies and labor; computer digits don't. And that, my friends, is significant. Fun Fact: By mid 1923, Germany's central banks were using more than 30 paper factories, almost 1,800 printing presses, and 133 companies to print banknotes. And don't forget about the $250 trillion in unfunded liabilities boys and girls. That is debt, no matter how you slice and dice it. America is $250T in the hole, but everything's going to be alright, folks, not a problem. That includes the unfunded promises for Medicare and social security. It’s unfunded even though our employers and we sent the money in - because corrupt congress stole it. So they will have to borrow to make the payouts - which seems like we paid twice. Now we see why smaller government is better government; They stole more than our social security payments. They undermined our life's work into nothing and made us pay for the weapons they will use to shut us up. The US economy to debt ration is equal to that of Greece’s ten years ago, and that is using a US pre-Corona economy. The next six months will be interesting. The rate of U.S. Debt growth has gone parabolic! There is no turning back from this insanity. The only out is through a smoking pit of disaster, crawling out the other side to start over. The federal government has a huge balance sheet. Oil and gas leases totaling more than $150T for starters. It must be nice to leave your fiscal mess to someone else. Politicians only know how to spend. The nation is bankrupt. Sooner or later, we will have to declare bankruptcy; or borrow from an unknown source to pay the debts. Then whoever we borrow from will pretty much own the US. If the government continues to print money, then money, in general, will start to be worthless. All the people who worked hard and saved and lived within their means will see that money’s value decrease because of over-saturation. I cannot honestly believe some people don’t understand that if you receive money for doing nothing, then it needs to be repaid. It was not enough to hold the markets up. They needed Unlimited QE, i.e., another 2 trillion dollar injection now. What they got is a slow drip, while Jerome sounded like he was the candyman to equities. He did say markets should price in risk, meaning no PPT saves and let the markets fall until they find a now Limited QE medium. Robinhood traders will get slaughtered, and the Fed looks good. That was just to bail out the 1% who own stocks and bonds. It is going to cost a bit more to keep the other 99% from burning the country to the ground. Until the GOP Manifesto for "Tycoon-Tax-Freedom" is firmly dealt with, and "Fair Share Responsible Taxation is restored and a Wealth Tax on the 1% Oligarchy who have accumulated 50% eliminate "Greed-Breed" entitlements. We can start by closing the tax loopholes for huge corporations and remove the roll-back of the taxes they paid. Thirty-five percent may have been a bit much. However, thirty percent would still afford the big corporations to make profits and produce millionaire/billionaire CEOs. Twenty-one percent is obscene. Must close the loopholes. Everyone should expect taxes to increase, both federal, state, county, city, and of course, when there is a budget deficit, the first thing to go are social programs and education. This is how wealth transfers happen in the US. The Fed bails out airlines, Hedge fund companies, banks, etc. etc. i.e., their buddies mega corporations without needing to pay it back. The fed makes money off the interest for hitting some keys on a computer creating fake currency, and the hard-working Americans via taxes pay it back. So we pay for extremely wealthy people to get even more wealthy. Meanwhile, small businesses only hope they can qualify for a loan (most won't get one), and they have to pay it back with interest. The FED exists to support greed and irresponsibility, simple as that. The US, Japan & Euro zones all need to man up and accept the mistakes they've made. Put greed aside, and let markets/economies clean themselves out. Stop this money printing bailout mentality and return to free-market roots. Otherwise, this thing will just keep going on, and reward for effort will be a thing of the past. Stop rewarding stupid & corrupt behavior! Stop corporate welfare end wall st, and the stock market that way companies have nothing to do with their money except investing in their workers and their companies, not their stock prices. Start collecting taxes from them. American business mentality is to borrow egregiously and make very risky bets. Then when everything goes wrong, deflect the negatives of the risk by having the Fed bail you out or game the system. How much longer can moral hazard be ignored, rewarding these inefficient and dangerous business practices instead of punishing the ever wealthier executors? Americans like living on debt, but the party is over. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. The market bubble doesn't turn my stomach as much as the debt bubble. Unless you've bought recently on margin, a correction might sting, but it won't bankrupt you. Debt, however, needs its payments made. And if you've got one low payment too many, it gets ugly fast. Add a few trillion here to the debt and add a few trillion there to the debt and pretty soon, still, nobody gives a damn, because everybody knows that in order to keep the shithouse's walls from imploding, there will have to be another few trillion added here and another few trillions added there. That is called Ouroboros economics. Until now, it has been a discussion about billions. Now we shall hear a discussion about trillions. Three zeros difference. Zero is nothing until you keep adding them to the end of a number. And with the dollar devaluation coming, it will be quadrillions. Forget trillions. This is the Buzz Lightyear economics: To infinity and beyond. Well, at least we are in good hands. Our current president is the best president in American history...in handling bankruptcies. He has a lot of experience, and that's what we need right now, one with experience. And now I understand what he was saying when he said, "I am the chosen one." Who else would be able to handle this pending, greatest bankruptcy in the history of mankind? After all, he's gone through 6 bankruptcies already. And America will become his 7th. The USA is a Republic run by Big corporations. Therefore, it is actually an Oligarchy. Elections will not stop this as it gets worse every time. The top 0.1 % of the Super Rich have decided who wins through gerrymandering and by keeping this antiquated Electoral College system, both favoring the top 1% of the population. Compared to the EU countries, the USA hard-working citizens do not have any universal health care system, no six weeks/ year paid vacation, no 38 hours of work, no nothing European citizens have. Why is that? Well, the taxation system is much fairer, military expenses are far lower, so Eu can afford to make laws favoring the interest of their voters. In the EU, the politicians are afraid of the voters; in the USA, they are afraid of Big Corporate America! There is no money in the banks. Your bank accounts reflect a measured value of somebody else’s unbridled power. We are allotted credits by the secret elite that allow us to live falsely believing they have not enslaved us. Capitalism is simply what communism sees in the mirror. Nothing is going to happen to fix our deficit because both parties (and people) are addicted to debt and never-ending GDP growth. There is no way out this other than inflation. It is not possible politically to cut benefits and raise taxes sufficiently to make any meaningful headway on the national debt. It is just too big, and the political and social forces against deep cuts and big tax increases are too entrenched. Fix the problem by cutting politicians' entitlements, politicians' luxury spending, and stop giving tax breaks to wealthy, who need to pay taxes on all income. Stop stimulus pay to big companies and to those who make over $90,000 a year and to noncitizens with green cards. Cut multiple living expenses to presidents with multiple security to adult family members. Now, that is a good bog start to boost our economy. Cut Federal salaries by 50 %. Cut Federal benefits by 80 %. Cut Federal Holidays by at least five days. Cut Federal pensions by at least 50 %. Cut congress pensions by 100 %. They do not deserve a pension for two years of doing nothing. Cut congress medical to the same the retired people get. Watch the budget balance in a hurry. - The Fed counterfeits dollars by the trillions, destroying their purchasing power and driving up prices. - Funds endless wars and welfare. - Creates massive and artificial economic booms, that must be followed by painful busts. - Bails out the politically-connected, creating an economy riddled with zombie corporations. Central planning is (as always) a disaster! The FED will bail till it cant bail anymore, complete economic warfare followed by the destruction of society. Post-Coronavirus, the situation will be two times or five times or ten times worse. Global depression is imminent and will continue for an indefinite period as depopulation, deleveraging, and decline are the natural state of things. Cast off the lifeboats...the Titanic is going down, and we'll be in small boats on very rough seas from here on. This was going to happen. Eventually, Coronavirus has just accelerated the timeline." 3 D's. Depression. Depopulation. De-dollarization. It's the New World Order. Serfdom. Destroy middle class, small business, pensions (public and private), 4o1 ks. Doctors can't even perform surgeries right now unless they are emergency surgeries. Virtually every business is suffering. When the formerly comfortable middle class loses everything, the government will come in to "save us," with public benefits and police state. No honor among thieves. The greed pandemic is upon us. The real looters are living in wall street, and they're looting our money by the trillions. I personally hold the Globalists and their Federal Reserve accountable for this Global Depression scenario. They are responsible for inflating the currency and all bubbles, enabling criminal behavior, and destroying the economy in the process. This was The Atlantis Report. Please Like. Share. Subscribe. Leave me a comment. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

👉Wall Street looting Main Street !!

noreply@blogger.com (Politico Cafe) — Fri, 05 Jun 2020 19:54:00 +0000

👉Wall Street looting Main Street !!

We have never lived in a period where the future was so uncertain. The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary. Forty million unemployed, a suicide epidemic, more than a hundred thousand small businesses shut down permanently, with millions of others at risk. Some 40 million+ people lost their jobs in the USA alone, we are in the middle of the global pandemic from the coronavirus that looks like it is picking up, cities are burning, and estimate for the 2020 GDP is fall between 50 and 60%. And this is only part of the cost of the coronavirus lockdown to America. Across the country, protests continue many peaceful but others turning violent, taking their toll on small businesses. Looting and vandalism dealing a blow to those already crippled by the coronavirus lockdowns. And the stock market appears to be anticipating a strong recovery as it keeps shooting up with some indexes approaching their old record highs. The stock market is soaring to new all-time highs. Up 34% in three months and still in. Yet another bubble. It wasn't enough that the banksters earned trillions by shorting near the top of the COVID19 collapse. So now they had the central banksters jerk the markets back up to the bubble levels before the collapse, so they can do that all over again. Geez. You have to wonder how many times they can fleece "regular folks" before the "regular folks" either learn their lesson ... or have no way to borrow more funds to invest in yet another bubble. It is beginning to look and "feel" a lot like 1929. 30K is where the music likely stops, and the band departs the stage. The Fed is pumping a corpse. Soon even they won't be able to deny it. The patient is dead. The addicts just don't know when to quit. As long as the FED is allowed to print to infinity, they can buy up anything they want, and they will do so for one simple reason, pensions. Since they forced pensions into the risky stock market with zero interest rate policy, they now feel obliged to defend that because when those pensions evaporate, there will be a lot more than simple uprisings out of the discontent of police misconduct. Anyone with a decorum of common sense knows that this sham will end badly. However, I don't fault anyone for playing their stupid game by buying worthless stocks. Unfortunately, it is the only game that is paying fraudulently derived yields right now. The stock market knows the Fed has its back. The MMT central banks won't let things fail on their watch, especially in an election year. The stock market is the Fed. There are no more markets. The Fed has the back of the Money Power Monopolists who control it. The sole purpose of the stock market is to remove fiat money from society. And it is very easy to do if one actually knows how the stock markets work. And it has been done over and over and over. And, if you know how debt-based money systems work, you will know what happens when the debt continues to increase as access to dollars continues to plummet. It doesn't matter. The market doesn't care. Two asteroids could hit the earth simultaneously at opposite poles of the earth, destroying 90% of the planet, and the market would go up 3%, and the commentators on CNBC that survive would say something like "markets up on asteroid mineral mining optimism." RIP markets. RIP capitalism. RIP United States Republic. It was a good run. Time to burn it all down and start the 2nd republic. At this point, it looks like everything can be nuked apart from Wall Street, and four computers at FED and stonks would be pushing all-time high. The vast majority of people in the US do not own stocks. The Markets disconnect from reality is epic. I am anticipating very bad news at the end of the second quarter, then a long hot summer with millions who have nothing to do, taking to the streets all summer long. I have been through economic downturns about every ten years since 1970 when Boeing laid off two-thirds of its workforce in Seattle, and the billboard went up saying, "will the last one leaving Seattle, please turn out the lights." Nothing in the past feels like this, not the Vietnam War, Y2K, DotCom bust, real estate crash, etc. Now, millions of people cannot make a living due to coronavirus lockdown, bureaucrats who have no knowledge of business set arbitrary rules of business operation, expecting a restaurant to survive at half or less capacity, etc. as an example. Shutting down marinas and parks given what we know about the virus seems ludicrous. In my mind, the riots are not about the unlawful death of Mr. Floyd, but the result of oppression people unconsciously feel over the shut down of their businesses, livelihoods, and way of life with no end in sight. His death just became an excuse for rebellion. The Fed propping up the market can only last so long before the giant bubble bursts; when? I don't know. But it will when reality finally rears its ugly head, and there is nothing the Fed can do to hide it. The "markets" are not markets as there is no true price discovery because of the complete manipulation. The Fed is not a person that is even capable of telling the truth or being your friend, or having a conscience. The Fed is a collection of evil people who are not making mistakes, or bumbling or making errors. These people know exactly what they are doing, which is orchestrating the theft of all assets, by illegally (unconstitutionally) printing notes (not money) to buy every asset they possibly can, At the same time, of course, a lot of those dollars are being used to buy the junk debt of their "friends." The reality is there are two societies, Wall Street and Main Street. There are two economies, two currencies, two sets of laws and justice, etc... The current stock market clearly shows the disconnect. Time to find other asset classes because Wall Street is eventually going to destroy both currencies and society in general. Fundamentals no longer matter in this market, so calling it overvalued is meaningless and irrelevant. This market is operating under the Greater Fool paradigm, and the FED has created trillions to give to these fools, ensuring that its only direction is up until the system crashes. Here is why I believe the stock market rally will continue to exceed expectations. 1.) Because everybody and his chart is bearish. 2.) Everyone thinks the short trade is so obvious and easy. 3.) HFTs and Prog EFTs will crank the bid and wash short stops on the above again and again and again and again. 4.) Because the largest companies now have a total monopoly with no small business competition. 5.) Because the public asswipes run to get their MCDs and Ikea crap as fast as they can, showing they have loyalty and comfort. 6.) Because stocks are the only game in town, up up up up up - just like Zimbabwe and Venezuela markets. 7.) Because as we have seen since 2008, the inflation goes into the equity markets - the rest be damned. 8.) Because there is no market, it's completely rigged - just slap a zero on the end of the Dow and SP500 and make everyone happy and be done with the farce. Here's another more couple of reasons why the Market could stay or go higher. First, its a hedge against a coming hyperinflationary event and collapse of the dollar. Second, millions of more layoffs could improve or at least stabilize corporate earnings as revenues decline. The bear case is 25% unemployment and violence in the Streets. Oh, wait a minute!! We have that now. The Fed will buy everything in sight and copy the playbook of the Bank of Japan. It'll work until someone turns on the light switch. It sounds very much how Joe Kennedy knew to sell just before the 1929 crash - his shoeshine boy was talking about his stock holdings. It looks like we have a shoeshine boy rally. The correct time to short the market and go long, the commodity index will be when "regular folks" have zero funds remaining, and the central banksters and their buddies own everything. In other words, it is rigged folks, and not rigged in your favor! When the market does turn, all that wealth will be lost in a heartbeat. The young and stupid will be burnt, badly. It'll take a generation to recover. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Just because we have muddled along putting band-aids on our economy does not mean that we have accomplished a great deal. The Trump economy has been a continuation of deficit spending. We have postponed the day of reckoning but most likely made it far worse. We’re in the biggest mess we’ve been in since the 1930s. True price discover totally gone! We have seen a growing amount of central bank and government intervention in markets over the years, bolstering the argument that true price discovery has been distorted. Today these forces, including stock buybacks and what has become known as the "Plunge Protection Team," appear to jump in at any sign of a pullback. This destroys true price discovery and the proper pricing of assets, which are the bedrock of free markets. In simple terms, the whole world is on a path that avoids real reform and bails out the very people that caused many of our problems. The good or bad news depending on how you look at it, is this "great manipulation" will not work indefinitely. Eventually, it will come crashing down around those in charge. The fed is a huge risk to humanity. Going short on stocks? - That's financial suicide. Every sane person on earth knows by now that the FED has an iron grip on the direction of this market - UP. Jerome will buy the entire market. Never fight the Fed. The problem with the Dictum 'Never fight the Fed,' is that it is right...until suddenly it isn't. If you fight it too early, you lose opportunities... But if you don't fight too early, and instead fight too late, then you lose EVERYTHING. The big set up is happening. I believe the market will suffer a catastrophic crash a couple of months before the election wiping out middle-class retail investors. Trump will be blamed in another move orchestrated by the Deep State. In other words - for a few months more, this market is going nowhere but UP. That's where making money is going to be for a while still. I remember the dot com bubble well. However, this market would make those daytraders even blush. Hertz, a bankrupt company, with massive debt, whose main stockholder bailed rose 100% on NO news today. Even tulip bulbs could be used to grow tulips. This market is the last man out Ponzi scheme. This was The Atlantis Report. Please Like. Share. Subscribe. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

👉As America Burns , The Stock Market Soars !!

noreply@blogger.com (Politico Cafe) — Mon, 01 Jun 2020 18:39:00 +0000

👉As America Burns , The Stock Market Soars !!

Stocks are up, Yet fundamentals are worse than the Great Depression. And the Circus continues. The Fed bought the open with both hands and feet. It is all Rigged! These markets are a frontrunning operation run by AI algorithms. Rome is burning; That’s good for 100 points on the S&P. This is the sickest day I have seen in this Ponzi fraud ever. Every major city in America is being set on fire and looted. Forty million unemployed. And they just keep pumping this Ponzi scheme in everyone's face. Further proof of how disconnected the stock "market" is from reality. As Americans get out of bed this morning, they are not going to give one damn about the market. They're going to find out that their nation has literally burned to the ground. The financial sector (Wall Street) is COMPLETELY disconnected from the REAL economy: People riot in the streets, millions of middle-class people in the US lost their job and income, but the stock market skyrockets. 2020 is 1984 on steroids. The true “looters” are in the Federal Reserve, Wall Street, and the Military-Industrial Complex. Their minions are the ones dressed in black and breaking windows, throwing firebombs, and inciting protesters to riot. They tried that at our protest yesterday, and nobody took the bait. There were “end the Fed” signs mixed in with “Justice for George Floyd” signs. People know who the real thugs are, and they wear suits and uniforms! Now you understand that the short downturn on Wallstreet was simply all part of the plan, and the rich get richer. Markets no longer trade on fundamentals. It's just an algo fueled shitshow. It's all a rigged scam so that the "1%" can continue to rake in more loot (taxpayers' money and fabricated currency). Markets ceased reflecting the health of the economy and reality in general decades ago - it's just too obvious to deny now. Riots, Burning, Protester out pillaging, White house lockdown, no goods available for the stocktake sales, Waits of over 40 days for anything needed urgently. Stupid is as stupid does. And The Stocks always go up, and up. Nothing matters anymore in a banana communist republic. Our wealth will continue to be inflated away, our jobs and manufacturing destroyed, our cities burning, church gatherings outlawed, as we take our place amongst the global peasantry of the New World Order. The Fed is buying spree is tapering. The fed is now buying corporate bonds and equities. Every Monday, the Fed needs a good kick at the can get things going, even better during a pandemic and brooding civil war. Spoof the futures and pump and dump into Robin hood retail all day long. Don't stop it till it stops. The only thing that will stop stocks from going up is if the Federal Reserve was ever fully audited. But it's never going to happen. They all know the books are cooked. They also know an audit will absolutely crush the dollar instantly, and they will lose everything to mass violence. Welcome to 2020 - everything is bull (ish). I can only imagine when unemployment hits 30%, and the U.S. military takes over major cities and installs FEMA camps. The Dow would hit 40k. As long as central banks print funny money notes and keep stonks on the level decided by the central committee, you can have them at 60k, for a while. Soon the defaults on all the business loans, and that should be good for another 10000 pop on Dow. How can markets set themselves up for new record highs, when hundreds of millions around the globe have been sacked or furloughed and are likely to become long-term unemployment statistics. Who controls the markets? Who stands to gain the most from this nonsense? The small guy or the banking cabal? There is your answer. The small guy will get crushed, and the one Percent protected by this group will gain. The degree to which soaring markets are diverging from the real economic virus damage, and now the rising rage, has become embarrassingly obscene. The players in the market know that the worse things get, the faster we arrive at negative rates. As Wallstreet laughs at it all and reminds the plebs; The Fed is your Daddy! They needed a pandemic with lockdowns, closures, along with massive unemployment and riots. Money changers, along with Fauci, are wringing their hands and smirking with glee in their eyes. All done by Design, all done by Agenda. It is all a show, everything is fine. The underlining strength in the economy is their" ALL HAIL THE ALL AND MIGHTY FED'. And, I thought the worst looting was being done by dims, Antifa, and the 99/100ths rioters. SEIZE, AUDIT, AND END THE REAL THIEVES: THE FED! End the Fed. Drain the swamp. Enforce the constitution. And remove all dual citizens from the government. Sound money forces the government to live within its means. Eliminate all fiat currencies, for starters. That should be easy. America had the example of Japan right in front of it. But the magic show had to be saved at all costs. For those who think QE will keep asset prices going up indefinitely, look at how QE has tapered. Bubbles are like balloons. They need constant hot air to stay inflated. "QE has become an inescapable trap." QE was an inescapable trap from the beginning. If circumstances are such that to not do QE is just too painful, yet QE will never allow that pain to lessen, you are in the trap. The only way out is through the pain. The worst part is, the pain is going to happen regardless, it will just be worse if it comes involuntarily. Here comes the pain. Greed, hubris, and ignorance have brought the empire to where it is today. The free lunch is over, and the rest of the world sees through the lies. The whole world is laughing at us going along with the globalism scam and our leaders selling gazillion and trillion dollars worth science, wealth, and jobs to China To enrich themselves and us becoming slaves to China. Treason like this never happened in history. And as the anarchists go head to head with the law and order crowd, The 1% kicks back and enjoys the show. Thus was it ever. Thus shall it always be. Get out of the market now. This is a big fraud by the banksters! The Market Has Reached Its "Maximum Stupid" Price Limit. Room for more suckers and bagholders at the top! The markets are all rigged, no need to report on them. Smart people walked away, crazy people try to guess the next move, and insiders know the next move. The wonder is, how bad does it get before the kingpins decide this is not good. The Gambling addicts, playing in the Wall Street Casino, will get wiped out. A Casino owned by the bank cartel. The house always wins. I believe there will be a four to six-month window where the markets will implode and reset to levels for a new beginning. Unfortunately, most people will be wiped out AGAIN, as they just can't resist. The market will go down, and it will remain down for quite a while, and the average investor will eventually sell at the bottom like they always do, and that is how wealth is transferred to those who DON'T need it to live off. The bankruptcies are going to be far and wide, and everyone is right now riding the FAANG's rather than looking at the reality of the rest of the market. With the peak stupidity government with lockdown, peak high stock market with a long queue of bankruptcies, semi-peak chaos on the streets, I am racing against time to accumulate all kind of tangible assets (not only gold), food (rolling 3-6 months) and cash buffer enough for 2-3 years. Thankfully, I am not in a city. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. The central banks are buying up to prop up their big corp & hedge funds friends. The "Empire of the City" is taking down the current currency system that is obvious. The probable plan is to back all current currencies with some new central fiat debt-based currency at a fixed exchange rate, i.e., like Bretton Woods architecture but all locked into their new Bancor. They don't want to scare the masses with sudden change, but then they have you by the balls as they control the price and volume of the underlying. Simple. And the end game/end times are approaching. Remember, at one time, $60 billion a month in Fed debt monetization was considered massive. I think they do that and more in a day now, although they are tapering to maybe $5 billion a day right now. I don't keep up on this level on minutia. While keeping the retirement accounts solvent is a noble idea, that goal is looking to be an impossible one after the next Wall Street liquidity withdrawal, aka the next and probably final financial markets crash. This one looks like the big one before the last one. Idiocy like ZIRP and NIRP combined with entire financial markets that require ZIRP in order to see their deals not fail, foreshadows a few problems ahead that more ZIRP won't fix. Neither will NIRP. The streets will look worse than they do now when this happens. Floyd was the trigger. The Communist Media, the fake Wuhan Flu Crisis, the forced house arrests, the Impeachment, and the Meuller Investigation / Frameup, and @Jack, The CEO of Twitter telling us he and his buddies are and always will be the boss of all of us; is the real reason for the riots. Add in failed MMT, and the end is nigh. MMT is poison. QE (Central Banking itself, actually) decoupled the financial system from a productive activity because it systematically rewards cronies at the expense of producers. MMT suffers from the same sin to a greater degree. You cannot cure poisoning by imbibing more poison. Revalue Precious Metals and other real assets to a price sufficient to back currencies. Let the debt junkies default. Do this, and the modern world will continue. Fail to do it, and you will get 1984 followed rapidly by Mad Max world. With markets this overextended, your window of time to take action will likely be quite brief. An end to the current rally could happen extremely quickly and brutally. Obviously, if you don't have some gold or at least gold stocks in your portfolio, now is the time to buy, make it 5% of your assets as a defensive play to the trillions of fiat that has been printed - which you know for sure, will hurt the buying power of the US dollar. Anyone who buys anything (except lead, silver, or gold) now deserves all he will get. Bankruptcy. The Protesters are sick of the FED, creating inequality. Now the FED is actively preventing the recovery. In a fair world without the Fed, those who had savings should have been able to buy stocks on the cheap and be rewarded. Instead, those who had the most debt will be bailed, and those who had savings are going to pay for it with higher prices. Another worthless American export to the world - central banking and QE. I don't see a peaceful way out of any of this. My only hope is that the anger is directed at the true perpetrators of corruption, graft, and theft. This isn't a left/right thing. It's a top/bottom thing. I hope all of you stay safe and have a plan. This was The Atlantis Report. Please Like. Share. Subscribe. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

Bitcoin : The Easiest Way to Transfer Money Worldwide

noreply@blogger.com (Nicole Bourbaki) — Mon, 13 Mar 2017 17:33:00 +0000

Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.

Bitcoin Explained -- Everything you ever Wanted to Know

noreply@blogger.com (Nicole Bourbaki) — Sun, 12 Mar 2017 22:36:00 +0000

How does Bitcoin work? This is a question that often causes confusion. Here's a quick explanation! The basics for a new user As a new user, you can get started with Bitcoin without understanding the technical details. Once you have installed a Bitcoin wallet on your computer or mobile phone, it will generate your first Bitcoin address and you can create more whenever you need one. You can disclose your addresses to your friends so that they can pay you or vice versa. In fact, this is pretty similar to how email works, except that Bitcoin addresses should only be used once. bitcoin explained simply,what are bitcoins and how do you get them,what is a bitcoin worth,bitcoin mining for dummies,blockchain explained simply,bitcoin meaning in hindi,how does bitcoin make money, how does bitcoin have value The block chain is a shared public ledger on which the entire Bitcoin network relies. All confirmed transactions are included in the block chain. This way, Bitcoin wallets can calculate their spendable balance and new transactions can be verified to be spending bitcoins that are actually owned by the spender. The integrity and the chronological order of the block chain are enforced with cryptography.

BITCOIN ~ MAX KEISER REPORT

noreply@blogger.com (Nicole Bourbaki) — Sat, 02 Nov 2013 14:54:00 +0000

Keiser Report: Bitcoin - Resistance Starts Here!

In this episode of the Keiser Report, Max Keiser and Stacy Herbert, discuss the revolutionary solution that takes money and power from those who hate and gives it to those who will no longer wait for celebrities and pundits to cogitate, agitate and debate whether or not wristbands and hashtags - oh so quaint - can stop the plunder and pillage by the conmen, hucksters, and banksters backed by the state. Yes, bitcoin. The currency is already creating economic value across Africa, China and the developing world while Brits destroy economic value by moving their money into yet another corrupt bank. In the second half, Max interviews Simon Dixon of BankToTheFuture.com about peer to peer lending and the future in which the population can deploy their own capital in more productive ways.

BITCOIN INVESTMENT ~ SURPRISE

noreply@blogger.com (Nicole Bourbaki) — Sat, 02 Nov 2013 14:48:00 +0000

Man Scores BIG With Forgotten Bitcoin Investment

The meteoric rise in bitcoin has meant that within the space of four years, one Norwegian man's $27 investment turned into a forgotten $886,000 windfall.

Kristoffer Koch invested 150 kroner ($26.60) in 5,000 bitcoins in 2009, after discovering them during the course of writing a thesis on encryption. He promptly forgot about them until widespread media coverage of the anonymous, decentralised, peer-to-peer digital currency in April 2013 jogged his memory.

Bitcoins are stored in encrypted wallets secured with a private key, something Koch had forgotten."* The Young Turks hosts Cenk Uygur and Ana Kasparian break it down.

*Read more here from Samuel Gibbs / The Guardian:
http://www.theguardian.com/technology...

Bitcoin solved my Startup's International Banking Problem

noreply@blogger.com (Nicole Bourbaki) — Sat, 02 Nov 2013 14:12:00 +0000

By: HalfPriceDigital on Oct 7th, 2013



    In the summer of 2012, a ruling in Germany called UsedSoft v Oracle ruled that if a consumer pays a one-time fee for a lifetime license of software, the consumer owns the software and can resell it. In the US, the opposite is true and an End User License Agreement can prevent a consumer from reselling their used software even if the consumer paid a one-time fee for a lifetime license of the software (for details see Vernor v Autodesk). The UsedSoft v Oracle ruling has big implications beyond just high-end software for businesses. It should definitely apply to iOS and Android apps.

    With the UsedSoft v Oracle ruling unlocking a large amount of software and apps in the EU, I set about creating an online marketplace where people can resell their apps and software. I'm an American citizen but my business needed to be based in Europe so that it would be protected by the German court decision. Setting up a company in the UK remotely couldn't have been simpler. There are several online companies that make the process quick and affordable (around $100 USD). In addition to being protected by the UsedSoft v Oracle decision, I also liked the idea that my company would be more difficult for US patent trolls to target. With the Snowden leaks, I think even more US entrepreneurs will opt to establish their companies in Europe.

    However, I did run into one significant problem after setting up my company in the UK. A problem that Bitcoin can solve for US entrepreneurs setting up shop in Europe; I couldn't open a bank account. Since I was opening an online marketplace, I needed at least a UK Paypal account, but until I had a bank account in the UK my Paypal account could only receive a small amount of payments before being frozen. I didn't want to use my US Paypal account for fear that it might be frozen at some point by the US government because my site relied on an EU ruling that is the complete opposite of what the US ruled on the same matter. I spent literally months and hundreds of dollars trying to open a bank account in Europe. I called every bank I could find. Most of them were not willing to open an account for a US citizen due to recently tightened money laundering laws and the few banks that would allow me to open an account required that I travel to their country to submit my application in person. Some of the banks that wanted me to travel to the UK to open an account actually had a branch in the city I live in within the US, but they still wanted me to fly to London just to apply for an account, which might not have been accepted. I didn't have the funds to miss work for a week and fly to London, so I resorted to hiring a company in England that forms companies in the UK and provides bank "introduction" services. Unfortunately, the company that I hired to "introduce" my company to banks in the UK was unable to open a bank account for my new company despite several months of putting in applications with various banks. Luckily, the company that provided me with bank introductions was reputable and refunded most of the cost of their services, but I'm not sure what would have happened with some of the other less reputable companies offering this service.

    After many months of getting nowhere with UK banks, I decided to launch my site even though my Paypal account would hit its limit quickly should my site get popular. The initial launch of my site failed to attract users and I decided to add the ability for users to buy & sell items using Bitcoins on my site in order to attract a niche audience. However, I had also solved my banking problem without even realizing it. Now that my site accepted Bitcoin, I potentially no longer had to worry about hitting account limits with my Paypal account because I could always just switch over to accepting only Bitcoin as payment for my site fees until I was able to actually travel to the UK to open a bank account. In addition, I also protected my company from powerful US interests that might pressure Paypal to freeze my account, even though my company's operations are perfectly legal in the EU.

    I think there are several compelling reasons for US entrepreneurs to base their startups in the EU. Issues like patent abuse come to mind. Starting a company in the UK is incredibly easy, but setting up a bank account in the EU is not. Fortunately, Bitcoin solved this problem for my company and it could solve this problem for many other US entrepreneurs that choose to form their companies in the EU.

    About the author: Michael runs HalfPriceDigital.com a marketplace for used apps, games and software @HalfPriceDigi

How is Bitcoin Mining done ?

noreply@blogger.com (Nicole Bourbaki) — Sat, 24 Aug 2013 15:02:00 +0000

I'll try to elaborate. The program itself is free and there are many of them to choose from. CGMiner is probably the most lightweight of them all, if you want a starting point. GPU (aka graphics card processing units) are the most effective to mine bitcoins looking at it from standard PC hardware. In this fashion, electric supply vs. profit is turnout is low. There are however specific hardware options specifically made to mine which use minimal power and gain significantly better performance.