The Central Banks of Europe are ruining the bank depositor’s wealth in Europe with their insistence on finance based on debt expansion. Traditional currencies have given way to two practices (1) hording cash in anticipation of a fiat currency meltdown, and, (2) the mainstream public’s adoption of cryptocurrencies as a hedge against traditions fiat currency failure.
Consider the following from Zerohedge:
“Negative interest rates in Europe and fiat demonetization in developing countries are still driving demand for Bitcoin and alternative cryptocurrencies. Although Bitcoin was initially ridiculed as money for computer nerds and a conduit for illegal activity, investors are beginning to see the potential for this technology to be an integral part of wealth management from the perspective of portfolio diversification.”
The same thing is happening inside the United States with the insistence on the Federal Reserve raising interest rates when there is no justification to do so. Bitcoin and other cryptocurrencies are outpacing traditional currencies as a means of investment. However, the Federal Reserve has help on the way.
Released Clinton emails reveal that NATO killed Gadaffi because he was installing a gold back currency for Libya. Subsequently, the terrorism of the Central Banks knows no bounds. Consider the following from Global Research:
“Hillary’s emails truly are the gifts that keep on giving. While France led the proponents of the UN Security Council Resolution that would create a no-fly zone in Libya, it claimed that its primary concern was the protection of Libyan civilians (considering the current state of affairs alone, one must rethink the authenticity of this concern). As many “conspiracy theorists” will claim, one of the real reasons to go to Libya was Gaddafi’s planned gold dinar.”
Death is the fate for those who would defy the edicts of Central Bankers.
The United States Part In the Financial Scam Stealing From the World
Sen. Grassley and friends (eg Feinstein) has introduced a bill which will make it illegal to store cash and cryptocurrencies without reporting the event(s) to you local bank!
S.1241 – Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017115th Congress (2017-2018) |
Sponsor: Sen. Grassley, Chuck [R-IA] (Introduced 05/25/2017) Committees: Senate – Judiciary Latest Action: 05/25/2017 Read twice and referred to the Committee on the Judiciary. (All Actions)
This bill has the status Introduced
Here are the steps for Status of Legislation:
- Passed Senate
- Passed House
- To President
- Became Law
Mr. Grassley (for himself, Mrs. Feinstein, Mr. Cornyn, and Mr. Whitehouse) introduced the following bill; which was read twice and referred to the Committee on the Judiciary……”
In the act, Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017. a citizen cannot possess cash or cryptocurrencies without reporting, in writing, to their local bank. Also included in the list of prohibited list is includes prepaid mobile phones, electronic currencies and even retail gift vouchers. Failure to comply does not only result in a stiff fine and 10 years in prison, it also involves the confiscation of all of your personal assets under Civilian Asset Forfeiture. In other words, if you store cash of engage in the business of cryptocurrencies, you are being labeled as a terrorist. Here is a breakdown of this heinous bill.
Why Would the Government Engage in Such An Action?
As the public is running from fiat currencies because of the inevitability of their failure and subsequent loss of personal wealth, the government seeks make the Federal Reserve reign supreme and trap you inside their corrupt and failed system.
There is, however, another more sinister motive. When the system is deliberately collapsed as is now happening, the elite want no financial survivors. I have written on several occasions that your 401K, retirements and pensions will be gone. The only source of wealth left is stored cash, cryptocurrencies and gold. The elite will soon be going after your gold just as Franklin Roosevelt did during the 1930’s when it became illegal to possess gold. Does this make sense, now, as to why the elite are buying up as much gold as possible?
Make no mistake about it, there will be no financial survivors from the middle class after the collapse. The Central Banks will own all real estate, precious metals and other hard assets.
Grassley and Feinstein know that the economy will one day crash. Subsequently, they want no survivors. These rogue Senators are preparing to take everything you own!
What is the solution to this economic tyranny?
- Contact your Representative and your Senator and threaten their re-election. They do not want the light of day on this. Have you seen this in the MSM? Of course not! So, let’s put this bill under our floodlights.
- The next is nonviolent civil disobedience. Store your wealth covertly and intelligently, but do not submit to this tyranny.
- Let everyone you know in Iowa about their Senator (Grassley’s) betrayal of the middle class and let the voters take care of business. There is no doubt that this plot is designed to destroy the middle class. We are at war!