Premium Only Content
LYNETTE ZANG - EXPLAINS THE BANKING CRISIS AND WHAT MONEY REALLY IS
Things are made INTENTIONALLY COMPLEX so we don't ask questions and we ASSUME they know what they are doing. We need to simply understand what Money is.
What is Money? Money was pitched so society could specialize - we could have a banker, a farmer, lawyer, etc. They tried lots of things as money but only Gold met all the criteria.
What is the original Criteria?
1. A Tool of Measure.
2. A Tool of Barter.
3. A Short Term Store of Value to insure you are Fairly Paid for your Labor.
4. A Long Term Store of Value for When you use that Money you are Fairly Paid for your Labor.
This created two challenges, one for governments and one for corporations. Governments wanted to TAX you, but if we were on a Gold and Silver standard we would know about it and if we wanted to trade for physical gold we could walk into the bank with our gold back money certificates and walk out with EQUAL Value Gold.
This allowed the PEOPLE to have control because it LIMITED how much DEBT the Government could issue.
The government wanted a way to TAX you without you knowing about it and NOT to have to go through Legislation to get it approved.
Corporations wanted to pay you LESS. They knew if you were making $20 an hour you wouldn't accept them to change it to $10 out of the Blue.
HOWEVER, if you could make that $20 spend like $10 you wouldn't notice and wouldn't complain. So, they Transitioned us in 1913 when Wilson approved the Federal Reserve into the FIAT System.
Fiat means by decree - or a Formal Authorization. The fiat was Government backed and Inflation was INTENTIONALLY built into the system. This allowed government to have an almost INVISIBLE Inflation Tax -- it is not invisible any longer.
When money is created / printed the Central Banks receive the money first, then Banks and then Government. Every time money is created we have inflation.
Inflation causes Nominal Confusion. For example if you had a $20 bill 20 years ago and a $20 bill today, nominally it is still the same, but what it would buy you 20 years ago compared to today is much different.
We want PRICE STABILITY - where we don't have to ask for more money for our Labor.
In 1971 Nixon completely took gold out of the system.
Today, we are at the very END of the Lifecycle of the Monetary System. The government has not been held accountable for their spending.
There is one way to fight inflation and that is with deflation and you fight deflation with inflation. The main tool the Federal Reserve has is to manipulate interest rates.
When the economy slows they DROP or LOWER Interest Rates which encourages borrowing, new money being created and more spending. Every time more money is created the money in your pocket LOSES Value.
We are now at the end of this financial systems lifecycle.
How do we know this?
The Central Bank have two tools to maintain stability: 1. Interest Rates - which has been around ZERO since the Mortgage Back Security crash of 2008. Now they are raising rates. The Banks who hold US Treasury Bonds like SVB Bank will be FORCED to sell them for a LOSS.
Banks have NO Reserve Requirements anymore. People think the banks have money. This is no longer true.
When we Deposit money into the bank WE are actually LOANING them money. They sweep it into multiple sub-accounts and they try to use it to make their own money. This absurd strategy of allowing banks to speculate on futures and various derivatives with the money we loaned to them (deposited) leaves every party involved vulnerable and hanging on a ledge if the markets don’t go the way we think that they will. This is nothing more than rolling the dice. The banks have been and still are GAMBLING with our money and we have nothing to gain but can lose everything if shit hits the fan and we have bank runs. FDIC is worthless, they would be insolvent in HOURS if a bank run occurs.
We have these banks who are making all these bets on derivatives and these banks loan to each other which means if one bank fails it IS going to effect the others. The dominoes are all lined up for the perfect storm.
What is sad is this collapse has been planned. It’s going to happen so they can introduce their one world digital banking system.
The Federal Reserve began buying US Treasures in 2002. This was the first clear sign that the United States was in trouble and other countries were beginning to have less and less confidence in being paid for their investments.
The whole system is going to fail and I would say within two years – by 2026 at least, the very least. I think this will be the beginning of the storm and at the same time we will be attacked by the WEF’s PolyCrisis bullshit.
You will own nothing and be happy. Think of a situation in which this would be true. Are they going to make life a living hell so when they offer their “help” and ask you to contract with them – accept their terms and conditions that you will sign their contract with no hesitation?
Tough times and tough choices await.
-
3:36
Waking the World up
3 days agoWhat Does Asheville, NC Look Like 7 Weeks After The Flood
2.21K3 -
5:13:43
ItsMossy
18 hours agoHALO WITH THE RUMBLERS (: #RUMBLETAKEOVER
70.5K2 -
1:54:08
INFILTRATION85
12 hours agoHi, I'm INFILTRATION
50.6K9 -
7:51:03
GuardianRUBY
14 hours agoRumble Takeover! The Rumblings are strong
113K5 -
4:28:45
Etheraeon
21 hours agoWorld of Warcraft: Classic | Fresh Level 1 Druid | 500 Follower Goal
76.5K3 -
3:17:21
VapinGamers
13 hours ago $4.07 earned🎮🔥Scrollin’ and Trollin’: ESO Adventures Unleashed!
53.3K2 -
10:48:40
a12cat34dog
14 hours agoGETTING AFTERLIFE UNLOCKED :: Call of Duty: Black Ops 6 :: ZOMBIES CAMO GRIND w/Bubba {18+}
42K2 -
8:23:18
NubesALot
17 hours ago $5.95 earnedDark Souls Remastered and party games
39.8K -
3:03:42
GamersErr0r
1 day ago $2.46 earnedits not what you think
33.7K1 -
7:15:50
Phyxicx
14 hours agoRocket League with Friends! - 11/22/2024
24.1K1