👉This is How Gold and Bitcoin Could End The Fed

👉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 !!

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!