Tom Nolan + 2,443 TN December 2, 2020 A tectonic shift is taking place in the monetary paradigm right now as central banks around the world gear up to shift us into a system of central bank digital currencies. Joining The Corbett Report to break down the history, context and ramifications of this idea is John Titus of Best Evidence. When will the crash occur? Central Bank Digital Currencies and the Global Monetary Reset https://www.corbettreport.com/interview-1604-john-titus-on-central-bank-digital-currencies/ EXPLORE A VARIETY OF TOPICS HERE: https://www.corbettreport.com/bestof/ "The Federal Reserve" and more DOCUMENTARIES: https://www.corbettreport.com/corbett-report-documentaries/ (35 minute video) SHOW NOTES:Best Evidence Interview 1533 – John Titus Exposes the Fed’s Coronavirus Lies IMF Conference: Cross-Border Payment—A Vision for the Future Wherefore Art Thou Reserves? S3 E1 Money As Debt Official Site + Part I / Part II / Part III Bob Murphy’s Review of Stephanie Kelton’s MMT Book A New Bretton Woods Moment Filed in: InterviewsTagged with: bis • cashless society • central banking • dollar • federal reserve 1 2 Quote Share this post Link to post Share on other sites
specinho + 475 December 3, 2020 (edited) 21 hours ago, Tom Nolan said: A tectonic shift is taking place in the monetary paradigm right now as central banks around the world gear up to shift us into a system of central bank digital currencies. Joining The Corbett Report to break down the history, context and ramifications of this idea is John Titus of Best Evidence. When will the crash occur? Central Bank Digital Currencies and the Global Monetary Reset https://www.corbettreport.com/interview-1604-john-titus-on-central-bank-digital-currencies/ Experienced a few failure over online trading platforms and digital currencies despite having good intuitive judgement sense on what to take on with great help (sabotaged after making profits). The creators of the systems are wonderful people with genius minds. But, a few scums are destroying their hard work and the whole industry by being sere selfish for things they might not even need nor want............ The lesson learnt might be that this digital blind trend could bring upon a big crash affecting mainly those hard earners money of middle income and below and benefiting a few scammers looking for easy money. It is possible to believe that the new digital world would work very much like the physical banks except starting anew without much knowledge into the possible risks involved. Old movies are meaningful in many ways...... here is a related one that crosses my mind........ Live Free or Die Hard (2007)[edit] Main article: Live Free or Die Hard Cyber-terrorists hack into computers at the FBI, who had sent McClane to bring in computer hacker Matthew "Matt" Farrell (Justin Long) for questioning. Assassins hired by terrorist mastermind Thomas Gabriel (Timothy Olyphant) attempt to kill McClane and Farrell. Farrell tells McClane that the terrorists are actually in the middle of a "fire sale" — a crippling cyber-warfare attack on the national infrastructure: power, public utilities, traffic, and other computer-controlled systems (including bank accounts, zero in McClane's account in seconds and steal money from others in blinks of downloads. Digital world offers more vulnerable system than it could be protected or shielded). Although the terrorists capture Lucy and Farrell, McClane foils the criminals and saves the hostages. Therefore, elders' wisdom should always be sought and other ground works be left undisturbed...........?? Edited December 3, 2020 by specinho 1 2 Quote Share this post Link to post Share on other sites
Meredith Poor + 898 MP December 3, 2020 Hype exposed. The people publishing this kind of stuff are selling gold and other 'physical assets'. There are a collection of misconceptions about 'printing money', central banks role in money creation, and the term 'fiat currency'. In the land of the blind, the one-eyed man is king. 4 Quote Share this post Link to post Share on other sites
Tom Nolan + 2,443 TN December 5, 2020 On 12/3/2020 at 12:53 PM, Meredith Poor said: Hype exposed. The people publishing this kind of stuff are selling gold and other 'physical assets'. There are a collection of misconceptions about 'printing money', central banks role in money creation, and the term 'fiat currency'. In the land of the blind, the one-eyed man is king. Meredith, You got that wrong. You do not know what you are talking about. The fellows in the top video rarely ever mention precious metals except in the context of avoiding being controlled by THE ELITE. Meredith, A QUESTION for you... Is THE FEDERAL RESERVE owned by private bankers of whom we are not allowed to know the identity of? And would these owners of The Federal Reserve ever perform actions solely to benefit themselves? 2 1 Quote Share this post Link to post Share on other sites
Tom Nolan + 2,443 TN December 5, 2020 16 minutes ago, Tom Nolan said: Meredith, You got that wrong. You do not know what you are talking about. The fellows in the top video rarely ever mention precious metals except in the context of avoiding being controlled by THE ELITE. Meredith, A QUESTION for you... Is THE FEDERAL RESERVE owned by private bankers of whom we are not allowed to know the identity of? And would these owners of The Federal Reserve ever perform actions solely to benefit themselves? I'll answer the question for you Meredith... (circa 2006) Gary Franchi interviews Chicago Federal Reserve Bank’s Jerry Nelson. One of the questions asked was: “People have often questioned about the Federal Reserve being a private bank or a private corporation. Is that in fact true?” ANSWER: “It is. …We are literally owned by the banks in our district….” QUOTES “…the insatiable foreign demand for our $100 dollar bills. They don’t use them as a medium of exchange overseas. They use them as a store of value. (countries listed)…” “…a hundred dollar bill costs us 7 cents…in the interim, American commerce and industry doesn’t give them away. We are getting 100 dollars worth of something…Belgium chocolate, French wine…for something that costs us 7 cents. It is not a bad markup…They can have all they want. Almost none never comes back….” (15 MINUTE VIDEO) If you watch Corbett Report’s Documentary “Century of Enslavement: The History of The Federal Reserve” you would find out more about the owners and controllers of money supplies. - https://www.corbettreport.com/corbett-report-documentaries/ 3 1 Quote Share this post Link to post Share on other sites
Tom Nolan + 2,443 TN December 5, 2020 (edited) https://www.corbettreport.com/brettonwoods2/ Your Guide to The Great Monetary Reset Do you know what it means when the Managing Director of the IMF warns of a “new Bretton Woods moment?” How about when the head of the BIS revels in the total surveillance power that digital currencies will afford the central bankers? Well, you’re about to. Don’t miss this info-packed edition of The Corbett Report podcast where James peels back the layers of the great currency reset onion and uncovers the New World (Monetary) Order. SHOW NOTES A New Bretton Woods Moment Century of Enslavement: The History of the Federal Reserve The WWI Conspiracy Winds of Change: The Case for New Digital Currency by Christine Lagarde China Prepping Digital Yuan Who’s Afraid of Decentralized Currency? The Bitcoin Psyop Central bank cryptocurrencies What’s in Store for the Dollar? (Goldman Sachs) Central bank digital currencies: foundational principles and core features Cross-Border Payment—A Vision for the Future Interview 1604 – John Titus on Central Bank Digital Currencies Bill Gates on Digital Currency Who Is Bill Gates? The battle of Bretton Woods : John Maynard Keynes, Harry Dexter White, and the making of a new world order Zhou Xiaochuan: Reform the international monetary system Steven Guinness website Bank of England Governor Signals Central Bank Digital Currency is Coming BOE on Course to Begin Roll Out of New Payment System Solutions at corbettreport.com Edited December 5, 2020 by Tom Nolan 1 1 Quote Share this post Link to post Share on other sites
specinho + 475 December 5, 2020 1 hour ago, Tom Nolan said: Is THE FEDERAL RESERVE owned by private bankers of whom we are not allowed to know the identity of? And would these owners of The Federal Reserve ever perform actions solely to benefit themselves? eerrr....... pardon me........ if 1. federal means central government and 2. reserve means money, then, Is Federal reserve not owned by the government?? Quote Share this post Link to post Share on other sites
Tom Nolan + 2,443 TN December 5, 2020 25 minutes ago, specinho said: eerrr....... pardon me........ if 1. federal means central government and 2. reserve means money, then, Is Federal reserve not owned by the government?? No, The Federal Reserve is not owned by the government. It was a clever name, made by the secret cabal of bankers who first introduced Income Tax during the same time period. We know who the bankers were who first conspired to float the concept of the Federal Reserve. It is right here... 1 4 Quote Share this post Link to post Share on other sites
Dan Warnick + 6,100 December 5, 2020 27 minutes ago, Tom Nolan said: No, The Federal Reserve is not owned by the government. It was a clever name, made by the secret cabal of bankers who first introduced Income Tax during the same time period. We know who the bankers were who first conspired to float the concept of the Federal Reserve. It is right here... It's true. And it's not really a secret what banks make up the FR today. A little harder to attach them to any family names, though. 3 Quote Share this post Link to post Share on other sites
specinho + 475 December 5, 2020 (edited) 1 hour ago, Tom Nolan said: No, The Federal Reserve is not owned by the government. It was a clever name, made by the secret cabal of bankers who first introduced Income Tax during the same time period. We know who the bankers were who first conspired to float the concept of the Federal Reserve. It is right here... Thank you for the sharing. Things might sometimes get complicated if we use professional explanation......... Let's imagine this: You are the richest man in town. You have 100 bucks and others pennies........... Your royalty needs money to buy horses and toilet paper during war costing 55 bucks. He is asking if you could sponsor it. You have a better idea. You lend it to them in exchange for something, usually land. That might be how banking system started in the UK or europe. The richest used to be land owners and money lenders back then. According to the movie RobbinHood, led by Russel Crowe, tax system started by a royalty who took over the crown with treason act. He taxed land owners in return and all the people for what they had believing it is his right. Story continues with other copy cats of treason throughout the world........... US might be more vibrant and diverse due to the sere size of the country. Men traveled far to buy goods and such in the old days. Bringing donkey loads of gold or coins endangered the travelers or the merchants with money during those not yet civilized era filled with trees and bandits. So, the travelers and the merchants let their trusted friend safe guard the money with a written paper. Any seller who received paper mentioned could get the money from this friend of his. Banking system in the US started this way............. Bankruptcies of banks during 1900s created massive problems as commonly acknowledged. A few Bankers gathered to pacify the panic.......... Allaasss....... Too much money out and no in. Hence, they turned reluctant to do it with money of their own.......... They let the government who could print money do it............ Since then, Fed Reserve might have been under the government......... Fed bailed out those too big to fail banks, who started this in the early 18th century, during a rather recent crisis.... Trial and error methodology, so called........?? But you have been right on one thing......... besides lowering interest rate, lowering private bank reserve rate, bail out banks in trouble, print money, does Fed Reserve really have its function fulfilled?? Who could be the ultimate guide(s) of what to do outside of those 4 regular mantras in times of need........?? Edited December 5, 2020 by specinho 1 1 Quote Share this post Link to post Share on other sites
Meredith Poor + 898 MP December 6, 2020 7 hours ago, Tom Nolan said: Meredith, You got that wrong. You do not know what you are talking about. The fellows in the top video rarely ever mention precious metals except in the context of avoiding being controlled by THE ELITE. Meredith, A QUESTION for you... Is THE FEDERAL RESERVE owned by private bankers of whom we are not allowed to know the identity of? And would these owners of The Federal Reserve ever perform actions solely to benefit themselves? The Federal Reserve is owned by its member banks. That has been understood from Day 1. As far as knowing who owns the banks, it would seem like that is public information but I haven't looked it up, so I can't answer. Some banks are public companies, and in that respect there are thousands of shareholders. Are we supposed to know who every one of those are? 1 Quote Share this post Link to post Share on other sites
Tom Nolan + 2,443 TN December 6, 2020 8 minutes ago, Meredith Poor said: The Federal Reserve is owned by its member banks. That has been understood from Day 1. As far as knowing who owns the banks, it would seem like that is public information but I haven't looked it up, so I can't answer. Some banks are public companies, and in that respect there are thousands of shareholders. Are we supposed to know who every one of those are? It is not public information. We can infer who the owners are, but it is not public information. The Fed has never been audited neither. 1 1 Quote Share this post Link to post Share on other sites
Tom Nolan + 2,443 TN December 6, 2020 4 hours ago, specinho said: Thank you for the sharing. Things might sometimes get complicated if we use professional explanation Sometime, you might want to seriously investigate what is really going on. 1 1 Quote Share this post Link to post Share on other sites
Meredith Poor + 898 MP December 6, 2020 16 hours ago, Tom Nolan said: It is not public information. We can infer who the owners are, but it is not public information. The Fed has never been audited neither. I'm wondering if this whole tirade is simply code words standing in for antisemitism. This 'secret cabal' stuff has been running around for well over 100 years - before the Federal Reserve existed, and includes a lot of literature disseminated in Europe, long before central banks as we understand them today existed. 1 Quote Share this post Link to post Share on other sites
specinho + 475 December 6, 2020 (edited) 17 hours ago, Tom Nolan said: Sometime, you might want to seriously investigate what is really going on. Thank you for the recommendation. Things sometimes are not what they seemed......... or perceived......... The blurry fluff are usually majority professionals of a similar function, appointed to or stumbled upon, a task........ Critical thinking is good. Critical criticizing is better. But the best, is still critical and constructive crisis or problem solving....... The latest is gradually lost in the midst of modern crowd of easy lives......... and my wish is............... Edited December 6, 2020 by specinho 2 Quote Share this post Link to post Share on other sites
ronwagn + 6,290 December 9, 2020 On 12/5/2020 at 11:55 AM, Tom Nolan said: https://www.corbettreport.com/brettonwoods2/ Your Guide to The Great Monetary Reset Do you know what it means when the Managing Director of the IMF warns of a “new Bretton Woods moment?” How about when the head of the BIS revels in the total surveillance power that digital currencies will afford the central bankers? Well, you’re about to. Don’t miss this info-packed edition of The Corbett Report podcast where James peels back the layers of the great currency reset onion and uncovers the New World (Monetary) Order. SHOW NOTES A New Bretton Woods Moment Century of Enslavement: The History of the Federal Reserve The WWI Conspiracy Winds of Change: The Case for New Digital Currency by Christine Lagarde China Prepping Digital Yuan Who’s Afraid of Decentralized Currency? The Bitcoin Psyop Central bank cryptocurrencies What’s in Store for the Dollar? (Goldman Sachs) Central bank digital currencies: foundational principles and core features Cross-Border Payment—A Vision for the Future Interview 1604 – John Titus on Central Bank Digital Currencies Bill Gates on Digital Currency Who Is Bill Gates? The battle of Bretton Woods : John Maynard Keynes, Harry Dexter White, and the making of a new world order Zhou Xiaochuan: Reform the international monetary system Steven Guinness website Bank of England Governor Signals Central Bank Digital Currency is Coming BOE on Course to Begin Roll Out of New Payment System Solutions at corbettreport.com Whatever extra money I accumulate will be spent as a prepper, helping various organizations, and anything else would be spent on goods that would be of practical value for use or trade and in my own possession. 1 Quote Share this post Link to post Share on other sites
Ward Smith + 6,615 December 9, 2020 Quote "…a hundred dollar bill costs us 7 cents…in the interim, American commerce and industry doesn’t give them away. We are getting 100 dollars worth of something…Belgium chocolate, French wine…for something that costs us 7 cents. It is not a bad markup…They can have all they want. Almost none never comes back….” You know what's cheaper to "make" than a $100 bill? Zeros after a number on a computer screen. Of all the "money" in circulation, actual "cash" is less than 2% today. It was about 3% just over a year ago, so there's been that many more zeros added to the nonexistent value. The kleptocracy of the Covid "giveaways" lined the billionaires' pockets substantially. Meanwhile the value creating middle class is purposely being destroyed. Supposedly those people voted for a 78 year old panty sniffer with Alzheimer's. 2 Quote Share this post Link to post Share on other sites
Ward Smith + 6,615 December 9, 2020 Kleptocracy example Quote Share this post Link to post Share on other sites
Tom Nolan + 2,443 TN December 9, 2020 (edited) US Billionaire Wealth Surges Past $1 Trillion Since Beginning of Pandemic This is a very interesting article... https://inequality.org/great-divide/u-s-billionaire-wealth-surges-past-1-trillion-since-beginning-of-pandemic/ EXCERPT The almost $4 trillion owned by U.S. billionaires is about 3.5 percent of all privately held wealth in the U.S., estimated at $112 trillion. Billionaire wealth is twice the amount of wealth held by the bottom 50 percent of households combined, roughly 160 million people. According to the Federal Reserve, 2020 Second Quarter Distribution of Financial Accounts, the distribution of $112 trillion in total private wealth is this: The top 1% has $34.23 trillion; The top 90-99 percentile have 43.09’ The 50-90 percentile have $32.65 trillion; and, the bottom 50% have $2.08 trillion. This eye-opening document lists the billionaires and their wealth (and wealth gains)... https://docs.google.com/spreadsheets/d/1NrKJZ--Qi6ifavDYXWEdGjLKXwfRzybMUEI8HXHqKQQ/edit#gid=0 https://www.statista.com/chart/23147/countries-with-the-biggest-billionaire-wealth/ Edited December 9, 2020 by Tom Nolan 1 Quote Share this post Link to post Share on other sites
Tom Nolan + 2,443 TN December 9, 2020 This Lady gives a great rundown of where the wealth has gone and what to expect for the future. (7 minutes) 1 Quote Share this post Link to post Share on other sites
Meredith Poor + 898 MP December 9, 2020 13 hours ago, Tom Nolan said: US Billionaire Wealth Surges Past $1 Trillion Since Beginning of Pandemic This is a very interesting article... https://inequality.org/great-divide/u-s-billionaire-wealth-surges-past-1-trillion-since-beginning-of-pandemic/ EXCERPT The almost $4 trillion owned by U.S. billionaires is about 3.5 percent of all privately held wealth in the U.S., estimated at $112 trillion. Billionaire wealth is twice the amount of wealth held by the bottom 50 percent of households combined, roughly 160 million people. According to the Federal Reserve, 2020 Second Quarter Distribution of Financial Accounts, the distribution of $112 trillion in total private wealth is this: The top 1% has $34.23 trillion; The top 90-99 percentile have 43.09’ The 50-90 percentile have $32.65 trillion; and, the bottom 50% have $2.08 trillion. This eye-opening document lists the billionaires and their wealth (and wealth gains)... https://docs.google.com/spreadsheets/d/1NrKJZ--Qi6ifavDYXWEdGjLKXwfRzybMUEI8HXHqKQQ/edit#gid=0 https://www.statista.com/chart/23147/countries-with-the-biggest-billionaire-wealth/ Why does this matter if you have food on your table and a roof over your head? If you want to see the most extreme example of wealth inequality, look up the Sultan of Brunei Darussalam. Somehow all these people have managed to bumble through the last 70 years or so. If some entrepreneur gets fusion (either hydrogen or hydrogen-boron) to work, will this result in another massive concentration of wealth in a new batch of billionaires? Same goes for 'lab grown meat': what happens to all the farmers, land owners, and other present agricultural interests? Does the fact that we now have satellite internet covering essentially the entire planet create opportunities for a new batch of billionaires? What countries will they be from? 2 Quote Share this post Link to post Share on other sites
Enthalpic + 1,496 December 9, 2020 (edited) The USA used to praise their ultra-rich as entrepreneurial job creators. Seeing them as evil is a much bigger step towards socialism than this election was. Edited December 9, 2020 by Enthalpic Quote Share this post Link to post Share on other sites
Tom Nolan + 2,443 TN December 9, 2020 1 hour ago, Enthalpic said: The USA used to praise their ultra-rich as entrepreneurial job creators. Seeing them as evil is a much bigger step towards socialism than this election was. There must be something wrong with how your "logic" works. Quote Share this post Link to post Share on other sites
Meredith Poor + 898 MP December 9, 2020 1 hour ago, Tom Nolan said: There must be something wrong with how your "logic" works. If so, explain it. Quote Share this post Link to post Share on other sites
Tom Nolan + 2,443 TN December 10, 2020 21 hours ago, Meredith Poor said: If so, explain it. Forget "isms". This is a slogan term. If anyone thinks that these billionaires have the best interest of the public at heart, they are obliviously naive. Kleptocracy and Kakistocracy rule the day, where the Rich Elite control the puppets. 1 1 Quote Share this post Link to post Share on other sites
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